By Robert S. Kaplan, David P. Norton

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Extra resources for Balanced Scorecard Report - The Strategy Execution Source - Volume 10 Number 3 - May-Jun 2008

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Although many of the proposals in this paper are continuations of the strategic focus in agriculture suggested by the Bank in the last three years, important new directions are proposed to encourage the private sector and to empower farmers to more fully participate in all aspects of agricultural activity and services. Expanded emphasis is placed on sound urban policy as an input to agricultural development, conservation of natural resources, investing in rural infrastructure, and focus on women farmers.

These are additional reasons why food security is a more useful goal than food self-sufficiency. Constraints to Achievement of Objectives To determine what is required to achieve the objectives established for agriculture requires a look at what has gone wrong in the past. Technology-based agriculture has not come to Africa on a significant scale. 9 percent per annum average agricultural growth that has occurred has been due to expansion of cultivated area, not yield increases. There are many reasons for this.

No discrimination against agriculture in trade policy). Policy reform will not be enough to stimulate the level of private participation necessary. Pro-active policies and efforts to bring in the private sector will be required. The linkage of agriculture to industry through the processing of agricultural products, the supply of farm inputs and the supply of consumer goods to farmers must be largely carried out by the private sector. Direct government investments in these commercial ventures have been almost universally unsuccessful, and are unlikely to succeed now or in the future in the increasingly harsh commercial environment characterizing agricultural markets.

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