It can be said that there are no "underdeveloped countries" . There are only "undermanaged ones".
Give and take a hundred and forty years ago, Japan was an underdeveloped country by every material measurement. But, it very quickly produced management of great competence.
This means that management is the prime mover and that development is a consequence. Wherever we only have capital, we have not achieved development. In other words, development is a matter of human energies rather than of economic wealth. And the generation and direction of human energies is the task of management.
Hmm, on the way to Pitas for?
ReplyDeleteflood relief.
ReplyDeleteWe distributed food supplies and provided some medical help.
It was awesome.