ABSTRACT
This chapter examines the relationship between the Government of Botswana and Botswana's Confederation of Commerce, Industry and Manpower (BOCCIM). One of the important premises of the contingency theory is that corporations must appropriately fit together their strategy and structure if they are to improve performance. In the case of Botswana, positive business and government relations are necessary to encourage foreign investment; however, too many societal demands may saturate joint private and public managerial decision making. In order to rejuvenate the industrial sector of the country, the Government of Botswana enacted a new industrial development policy in 1998. Botswana's promotion of industrial efficiency is further galvanized by strategic privatization policies. The nation's privatization efforts initially focused on the national airline, Air Botswana. Several factors have characterized regulatory policy over the past four decades in Botswana. Social regulation was accompanied by the creation of several social regulatory agencies and a multitude of new legislations designed to improve safety, health, and the environment.
