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Tuesday, 25 November 2014

Business Manifesto

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.

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