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END POVERTY SOLUTION

HIGH VALUE JOBS, HIGH VALUE PEOPLE, PROSPERITY

Nelson Mandela, PresidentIn the short term, it is politically functional to create low value mass employment job opportunities on community-based menial work projects. This is not a functional poverty elimination approach in the long term, though. It is simply a way of managing poverty, as well as buying time to contain the potential outward expression of anger and frustration by the poor as long as possible.

Service delivery protests currently ravaging certain parts of South Africa may be a sign of things to come, though, when this kind of poverty management is exhausted, and no better alternatives are in the offing.

Society will in the long term gain by far from investing in high value job creation opportunities across the board. The seemingly relatively fewer thriving in high value jobs as entrepreneurs, innovators, and experts in various technological, as well as societal management skills not only drive the economy through higher purchasing power arising from higher available disposable income, they in turn create job opportunities of a higher value than community based low value mass employment ones. And, they pay tax.

For example, I’ll postulate that, all things remaining equal, and assuming rational behaviour, as well as economic expenditure and saving patterns in a dynamic economy, R.30 000,-/ month paid to one junior-middle level professional creates more real social economic value than the same amount paid to sixty low value mass employment workers receiving R.500,-/ month each. The thought that there are working people still taking home a net of R.500,-/ month in South Africa in 2014 boggles my mind … (Continued in the book: MACHONA BLOGS – As I See It. Order Simon Chilembo books on Amazon)


Simon Chilembo

Welkom
South Africa
August 18, 2014

MBA ILLUSION

Epitome of Education?

Nelson Mandela, PresidentThe elegance of MBA programmes all over the world lies, among other things, in the fact that they are designed, marketed, and taught by great storytellers, super orators, impressive performers; illusionists par excellence.

In a wonderfully crafted way, they sell to millions for millions the world over, the idea that, with an MBA from an internationally accredited university, you can snap a finger here, snap a finger there, and the earth will dance under your feet.

Works for some. Disastrous for many. MBA programmes can produce boundless visionaries, eternal dreamers. And that may be as far as it goes for many.

In a pre-MBA course I got into a lifetime ago, I learnt that in much the same way Doctors- and Lawyers-to-be are trained, MBA education is about teaching the candidates information management towards sound, effective, and, ultimately, profitable critical decision making in business, big or small. It’s about where to find information, how to identify useful and relevant information, which parts of the information are relevant for which decision making processes at which level and when. Moreover, it’s about how to distribute information according to intended audience or recipient/ -s, how to store information relevant to its value in the organization, how to discard no longer useful information … (Continued in the book: MACHONA BLOGS – As I See It. Order Simon Chilembo books on Amazon)


Simon Chilembo

Welkom
South Africa
July 28, 2014