Business & Finance

The idea of precision quality should permeate all businesses.

The idea of precision quality

The third national conference on precision quality has urged participants to promote the idea of precision quality across all industries, particularly small and medium-sized businesses (SMEs).

The conference also suggested giving SMEs that have achieved Precision Quality standards incentives to hire young apprentices.

The “Accra Manifesto on Skills and Jobs for Africa’s Youth” was released at the conference, which was organized by the Design and Technology Institute with assistance from the Ministry of Employment and Labour Relations, the National Development Planning Commission, the Commission for Technical and Vocational Education, and the Ghana Standard Authority.

To implement the Directive Principle of State Policy, which is inscribed in Chapter 6 of the 1992 Constitution, the Conference evaluated the urgent necessity to generate jobs for young people, according to the communiqué.

It demanded that the government mobilize resources to establish regional youth-owned enterprises and reduce business expenses for youth-led entities by waiving taxes and licensing fees for the first year or years of operation.

It urged the government to offer a seven-year tax holiday on startup costs to youth-led businesses as long as they were micro and small enterprises. It also urged the government to offer easily accessible and inexpensive credit facilities on advantageous terms, including the availability of loan guarantee options.

Regarding trade and industry, it called for the creation of targeted and doable programs to give young people the abilities to innovate, launch, and manage businesses, as well as for the mainstreaming of the idea of Precision Quality in the training curricula of all artisans and graduates in Ghana’s traditional and technical universities.

The Communiqué advised establishing a licensing system to guarantee that Ghanaian artisans who practice their profession are qualified and licensed and to make sure that artisans and master craftspeople are aware of the minimal quality standards that guide their work to offer value to industries.

It called on some employers to provide quality opportunities for young people to experience, explore, and find employment both in the private and public sectors. It said there was a need to support employers to improve the quality of work and to reduce barriers that currently prevent young people from obtaining employment.

It urged regular curriculum reviews to make sure that institutions and schools are providing for all students requirements and fostering the development of skills.

To enable young people to make decisions based on their unique requirements and learning preferences, it was said that offers in the Technical and Vocational Education Training systems and Universities needed to be reviewed.

To create inter-university cooperation initiatives through institutional twinning, it was advised to stakeholders at the national and international levels by intergovernmental organizations, funding agencies, and non-governmental organizations.

Close the gap between wealthy and developing nations in the crucial fields of knowledge production and application, this should be founded on solidarity and partnership.

It stated that institutions of higher education should plan on developing suitable structures and/or methods for fostering and overseeing international cooperation.

The African Union and its many agencies should step up their efforts to enable young people to collaborate with other groups on the continent and beyond to share information and experiences, create networks, and expand cooperation.

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