An
economic road-map for ALL
World-wide, the issue of inclusion and growth is being discussed. Yet no
answer seems to give us a promise of a long-lasting arrangement. Business
Manifesto is a reaction to the problems and solutions and a possibly impactful
economic change. Today everyone, across all sections of society, seeks economic
restructuring. Business Manifesto aims to bring structure & formulae to kick-start
this.
Problems across all strata of
society:
Ø Today
companies are as much living on the edge
as individuals.
Ø Unemployed, unemployable
also have to be taken care of if we want a peaceful society
Ø Industrialists
need to regain stability. This can come only through growth.
Ø Salaried people
have get neither security nor an attractive salary that makes up for the
insecurity
Ø Blue-collared employees,
freelancers, vendors often contribute the most but are
paid the least
Key considerations for arriving at
a workable solution:
Ø Industrialist,
salaried people, blue-collared employees, freelancers,vendors – All the
segments have attained tremendous power due to democratization of business
ideas, finance, resources & communication.
Ø Misuse
of power beyond a level has self-destructive effects: Companies that drive down
salaries & employee satisfaction are attacked through various means thus
bringing companies to sometimes bankruptcy, sometimes they close down and often
they become undervalued.
Ø Entrepreneurship
has come centre stage: This is a reflection of the mindset that one needs to
get ownership of one’s work if one is to enjoy reasonable fruits.
Ø Deeply
ingrained in our psyche is that progress and growth for employer/client is not
equal to growth for those who provide service.
Ø Entrepreneurship
is not taking off that well despite VCs, investments being committed.
Ø Successful
entrepreneurs are in droves in every city, town and village yet the complain is
there are not enough vehicles to invest into.
Business
Manifesto Core Ideas:
·
As
far as possible, everyone in the company should get some minor equity
– no matter how small. This will ensure that they have incentive to give off
their best and protect company’s interests even after they quit.
·
Entrepreneur
has to buy-out the ecosystem – Investor have to insist on
increments for employees, blue-collared folks, vendors, freelancers once they
invest. This will be only method to work through these troubled economic
scenario.
·
Entrepreneurs across the rank and
file are passively looking for investors – what is required for the deals to
close is to develop a win-win strategy over stakeholding investors should ask
for.
·
Establishment of ‘Vyapar Sabha’ – Every city locality, town and village should host a Vyapar
Sabha where everyone – from the lowest labour to the richest businessman come
together to help each do business – mentoring, investing, offering employment
etc.
·
Mission 10,000 in 2015 – Doing
Investment deals build on the above lines to the tune of 10,000 such deals can
re-build the economy and drive the economic change necessary to restore balance
in the system.
For more info: https://businessmanifestobytarunagarwal.wordpress.com/
About
the author:
Tarun Agarwal is a management
consultant and an investment banker. An MBA from Goa Institute of Management,
he has been a consultant infrastructure sector industrialists and CEOs as
associate, i-maritime Consultancy. He has also been Principal Consultant at
Mantrana Maritime Advisory and has been Senior Assistant Director at Federation
of Indian Chamber of Commerce & Industry (FICCI). Also a writer, his work
has been published in Free Press Journal, The Statesman and Education Times
(TOI). He makes time for advising and building start-ups & ventures and his
work in Blue Hill Darjeeling Tea has been featured by Rashmi Uday Singh in
Bombay Times. He has also done content development for political leaders.