I was reminded recently of my connections with Princeton and indirectly The Institute for Advanced Study when watching the 2023 film Oppenheimer, a cinematographic biography of J Robert Oppenheimer. I was born in October 1948, by chance in the United States when my parents were living in Princeton New Jersey and where my father, a mathematician, was a fellow for two years at The Institute for Advanced Study. J Robert Oppenheimer was the theoretical physicist who headed the Los Alamos Laboratory of the Manhattan Project that culminated in the detonation of the first atom bomb in 1945 in New Mexico and subsequently the atomic bombs dropped on the cities of Hiroshima…
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Oversight and governance versus Management
Recently pronouncements by both the Minister responsible for electricity within the national cabinet and the chairperson on the Eskom Board drew to my attention the differences between oversight, governance and management. In both cases they appeared to make statements that in my initial thoughts belonged with management rather than a politician and a board chairperson. It is often a sensitive issue when management is faced with a managerial politician or a board that seeks to take management decisions. Eskom, in South Africa, is a State owned entity (SOE) (also defined in the the Public Finance Management Act as a Major Public entity) that provides almost exclusively the electricity that powers the national…