While G7 shares their wisdom, some 100 additional national leaders are also desperately trying to get their economics in order. Visible damages are the lack of productivity, performances and profitability across the national SME sectors, reducing exports, growth and job creation sharply. With little or no specific economic solutions on hand, the economic development teams are open to new ideas. Critically needed, to catch up the lost decade, a generational transformation urgently required; such new challenges demand hyper speed, global-age style execution so what’s stopping all this?
The four transformational stages: National economic development teams must first come to the big realization, that today, a wide-open world is always open for high value goods and services produced. Study the global patterns of high value consumptions. Therefore, hardcore upskilling exporters and reskilling of manufacturers must become top priority over popularized abstract crypto-sci-fi-economies.
The absence of constant learning and constant disruptions must stand up to the global age demands of global age competitiveness. Fact: The world can easily absorb unlimited exportable ideas in unlimited vertical markets. Fact: The well-designed innovative ideas are worthy of such quadrupled volumes. Fact: The entrepreneurial and dormant talents of a nation are capable of such tasks. Fact: The new global age skills, knowledge and execution are now the missing links.
On the other hand, the majority of nations with existing postures of comfort are already flooded with massive innovations, but still ignoring lack of massive commercialization, due to lack of entrepreneurialism. Over certification and degrees but seriously lacking entrepreneurial directions or surrounded with empty incubators and exhausted accelerators as real estate projects. Sometimes, too many economic development programs but often without a mega punch of pragmatism.
Round-table discussions are good starting points; without debates, the silence only sinks economies.
What can nations do? During recent decades, Western economies of the free world on the midsize business economies were too slow to understand ‘soft-power-asset-management’ , the art of imagining things over ‘hard-asset-centricity’ where staying deeply stuck to old routines on old factory floors was rewarded. This is like when bicycle makers, restricted to dream about ‘drones’ or flying cars. Some 100 millions small and large plants around the world are badly stuck in old groves of decades old mentality, unable to transform to the meaning of global-age, unable to rapidly optimize to grow to new heights with new global age thinking and execution.
Bad globalization planning did the rest of the harm. Imagine all that wasted potential, talent and machinery, infrastructure under the dead weight of old mentality still logged into hard-assets… deeper studies are critical. If facing the truth is not a problem, study China and their SME optimization as an excellent strategy.
The error of mind: The term “SME” is a grave error, a misnomer created by job seeker mindset, as there is nothing small about a baby elephant. It will become an elephant in time. It is all about creating a big new company, active within a big economy of million small medium large businesses within a nation.
National mobilization of entrepreneurialism is a systematic entrepreneurial driven methodology to uplift 1K to 100K SME entrepreneurs with in a region, sector or a nation, into advancing and up scaling their enterprises by upskilling for better exports, reskilling for smarter manufacturing and understanding innovative excellence to enable standing up to global-age competitiveness of today.
A simple fact, like turning an ‘on’ and ‘off’ light switch; economies without digitization are as if without electricity, without upskilled frontline teams on tasks as if without a bulb. Just like all other professional requirements, this expertise calls for advanced and regimented training and skills to deliver and manage such major national tasks. Evaluate frontline economic development teams as a prime objective to create new thinking.
First, the philosophy: National mobilization of entrepreneurialism on digital platforms of upskilling for innovative excellence are not new funding dependent, they are deployment hungry and execution starved, so what’s stopping ? Hidden in the differentiation, deeper understanding of “extreme-value-creation for creating local grassroots prosperity economies” and the “extreme-value-manipulations for creating hologramic-debt-based economies” and this is where the future challenges are hidden.
Second, the new mastery: As the cycle of laborious-work are getting replaced by smart-work while smart-work getting replaced by smarter machines, the ‘Masters of Robots’ will be the new smart unlearners, the ‘Slaves of Robots’ will be the deniers of change.
Thirdly, the critical observations: Why has the immediate replacement of the old education system around the world with new global-age transformation has become so necessary? It is a liability on national productivity, it is a burden of debt on the emerging youth of any nation and it is rotten from the inside damaging business innovation and economic philosophies in the silence of the day.
Meritocracy is only painful when refusing change. Therefore, national mobilization of entrepreneurialism is only possible when job creator mindsets deliver bold narratives. Nothing happens when silence dominates. Discover advanced level thinking, create bold open debates, and explore Expothon and such ideas on Google
The unmasked SME economy: Nations with deeper upstanding of creating, developing and managing systematic growth to Micro Enterprises, Micro-Manufacturing, Micro-Trades & Micro-Exports, have a distinct advantage to quadruple exportability. Uplifting entrepreneurialism is not an academic exercise but revolutionary cycles led by entrepreneurial mindset capable of harmonizing various types and layers of mindsets. Acquire your own mastery
Old-order is no-order: Emergence of new thinking, everything almost broken, and everything procedure or policy for sale, therefore, everything ready for change; new vision, new mobilizations, new deployments and new talents openly challenged. The visible damage points to chasms and voids need of urgent fixing, bold narratives a must. Expect a change, create a change and become change. Discover new pillars of economics.
The five new dimensions; The political science is now transforming into becoming the real economic science. The power of a nation is neither the hard nor the soft power but the real value of economic power? The economic power now measured by national skills of citizenry to become productive, or slide towards fake-crypto-tyrannies. The national leaderships expected to create economic development as their prime mandates and save their own sovereignty on the global stage. The rest is easy.