The future of the world’s midsize business economies and bureaucracies


The agrarian era turned into an industrial era over the course of a millennium, a little later the industrial age moved to the computer age in another century, but now from the cyberspace age to a new era without paper, cash, desk and no work seems to be an arrival in the next few days.

As if, like a revenge of the Julian Calendar, time like a tsunami drowning us in our own depths of performance, challenging our lifelong learning and exposing our critical thinking, but only forcing us to understand the pace of change, swim or drown.

Flat earth finally accepted as a sphere after a million years, but now in the future, perhaps, more like a digital cube with six parallel dimensions, a new perception of the world economic order is emerging. productivity standards worthy of competitive advantages on a global scale. This is when transnational world public opinion chooses the future of national economies, causing the global era to triangulate the latest new skills by crushing old thoughts and old models.

Visible primarily to business minds, therefore, such reflection always seeks collaborative assemblies of all the different talents and skills needed to mobilize national programs to advance these transformations for the common good. National Entrepreneurship Mobilization broadens community and clarity of vision across the country for a unified goal. Digitization creates platforms and facilitates operations.

Some 200 countries are struggling to find answers to post-pandemic recovery; only minute percentages have the critical meritocracy levels tailored enough to uplift frontline economic development agencies and navigate their mid-sized economies. The majority of countries are simply drowning in fermented bureaucracies, outdated mindsets, fearful of change and deeply silent in the face of new narratives, but methodically slowing down medium-sized local economies and strangling global growth.

The now blatantly visible global economic damage caused mainly by the lack of digitization, the lack of understanding of the national mobilization of entrepreneurship on platform economies and the lack of skills in the era of globalization all create economic havoc. Therefore, with all the solutions, almost free scanning and blueprints available, only meritocracy will save face.

Bureaucracies leave no room for tackling climate change issues; national treasuries are in dire need of thriving mid-sized trading economies to finance the fight against climate change. Now the growth of small and medium-sized businesses, blocked by bureaucracies across the world, with no space to tackle climate change, is in urgent need of meritocracy among the governments of the world, creating a speed of progress in the global age. to save the future. Investments in these gaps in digitization, mobilization and transformation are not necessarily impossible amounts of new Treasury funding, but rather a call for political leadership with skillful execution and mastery of mobilization. What is stopping and where are the solutions?

Global economies are visibly suffering while political leaders hesitate to dig deep into the root cause. Election cycles have only repeated themselves. Change postponed. Now lacking the bold new post-pandemic narratives not to point fingers but to collaboratively merge talents and resources to adapt to the new world. No nation can do it alone.

What takes seconds in processing the digital age takes weeks and months in a culture of approval on paper, floor by floor, rubber stamping, creating chasms of digital divides already grappling with mental divisions. The extent of lost opportunities at certain geographic points is 1,000 times greater than the replacement costs of a brand new economic development agency.

However, from we drop the trees into the forest, no matter how critical the tactical needs of progress or the urgency of needed responses, each aspect calling for multi-layered virtual events on a global scale to deliver solutions, here is three bold suggestions;

ONE: Forest fires always go out by creating more selected fires; take a deep look, government and bureaucracy with visible skills gaps need an undisturbed bureaucracy and stay stationed, while creating an all-new meritocracy-centric digital firefighting unit to act on the summit and bring the required results. Motivated and transformational talent will percolate to the top.

TWO: The fear of talent show is the number one fear of digitization. When procedures linger for decades on paper processing, management skills slowly end in the form of a single rubber stamp. Digitization eliminates this instantly, hence the resistance. No dismissal policy will save the day; All departments made sure to maintain meticulously observed upgrade and requalification to create the transformation of digitization.

THREE: Encourage all front-line management of economic development for all medium-sized businesses and foreign investment attraction and export promotion agencies is a time requirement. The world is spinning too fast and the loss of opportunities is extremely important, here a creative entrepreneurial spirit is required. See the power of entrepreneurship behind the wheel, deploy the national mobilization of midsize economies, accept skills upgrading as a national mandate and digitization as national pride.

Conclusion: No need to panic, as the swing of the global pendulum on productivity, performance and profitability of real value creation is the real engine of grassroots prosperity, capable enough to solve the global challenges of climate change and sustain world economic order. The bold and open new narratives of global institutions, such as the UN, IFC, WTO, OECD, UNIDO, ICCWBO, World Bank, chambers and trade groups, and major global banks, are necessary and apply an entrepreneurship test in the dialogue to understand applicable options. There are also new thinkers and visionaries in the leadership of economic development around the world who are claiming their role in this future.

The challenge is to find the right moods, because scratch-n-sniff policies from old dysfunctional case studies and insecure-based academic feasibility will only take a decade before the next pandemic. It is time to act now, like today.

The rest is easy.

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