Sunday, November 4, 2012

ASSET: MIND & MANPOWER

The real assets are perhaps those we overlook...

No wonder that Japan and the US are some of the richest nations of the world as they have allowed entrepreneurs to unleash the power of their minds and catapult the society to a higher paradigm.

Today, an operating system, a mobile phone or a micro processor can be called wealth but the real wealth are those whose gave shape to them. In the same league population was considered to be a major liability. But of late, two of the most populous countries of the world, China and India have realised that if they have ever done anything worthwhile, that was to nurture such huge population. In an era of market economy, the shrinking population and saturated market of the West, leaves the MNCs with only one choice, i.e. to invest and market in India and China. Not just as markets, India’s and China’s population can be considered wealthfor the incredible source of manpower they have become for the world. While the Chinese have specialised in being the manufacturer of the world, the Indians have specialised in the after sales service of the same.

But that this population doesn’t want to get restricted in it, is vindicated by the Tatas and Lenovos calling shots in global acquisitions.It doesn’t end here only. The biggest wealth of this world is still a calm mind and hope nurtured by the principle of self actualisation of East.Even wealthy West has accepted it. Against all odds, mankind still dream to live another day and wither the next Tsunami. So long this wealth of hope remains, other assets will work too.


Source : IIPM Editorial, 2012. An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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