As the year 2026 draws to a close, business leaders in Ghana are being urged to prepare their organisations for the challenges and opportunities that 2027 will bring. Ernest De-Graft Egyir, a CEO advisor and thought leader, has emphasised the importance of using the final months of the year to gather valuable information about market conditions, organisational capabilities, financial performance, customer expectations, talent, and emerging opportunities. This information will enable CEOs to shape the priorities, capabilities, and investments required for the year ahead.
According to De-Graft Egyir, effective CEOs do not wait until December to begin preparing for the next business year. Instead, they use the insights gained from the current year's performance to inform their strategic decisions for the upcoming year. This approach enables organisations to create strategic clarity and gives them more time to align people, resources, and capabilities behind future priorities. By doing so, businesses can stay ahead of the competition and achieve their objectives.
De-Graft Egyir has outlined several key strategies that CEOs can use to prepare their organisations for 2027. These include reviewing lessons from the current year, identifying emerging opportunities and threats, defining preliminary strategic priorities, assessing future capability requirements, and aligning financial planning with strategic priorities. By following these strategies, CEOs can ensure that their organisations are well-positioned for success in the coming year.
In addition to these strategies, De-Graft Egyir has also emphasised the importance of CEO leadership actions in preparing for 2027. These actions include beginning executive discussions around 2027 priorities, identifying capabilities that the organisation must strengthen, and challenging assumptions about future growth. By taking a proactive and forward-thinking approach, CEOs can ensure that their organisations are equipped to navigate the challenges and opportunities of the coming year.
De-Graft Egyir has also provided an actionable tip for CEOs to help them prepare for 2027. He suggests that they ask their leadership team, "What must be true for our organisation to achieve its most important objectives in 2027?" This question can help CEOs and their teams to clarify their priorities and focus on the key issues that will drive success in the coming year.
As a CEO advisor and thought leader, De-Graft Egyir has a deep understanding of the challenges and opportunities facing business leaders in Ghana. He is the founding CEO of Chief Executives Network Ghana and has convened the Ghana CEO Summit. He has also served on Ghana's Economic Dialogue Planning Committee, providing him with a unique perspective on the country's economic landscape.
The views expressed by De-Graft Egyir do not necessarily represent the views or policy of Multimedia Group Limited, the parent company of Joy FM. However, his insights are likely to resonate with business leaders in Ghana who are looking to prepare their organisations for the challenges and opportunities of 2027. By following his advice, CEOs can ensure that their organisations are well-positioned for success in the coming year.
Key points
- CEOs should use the final months of 2026 to gather valuable information about market conditions and organisational capabilities to inform their strategic decisions for 2027.
