I just read an article discussing, GLOBALITY: Competing with Everyone from Everywhere for Everything, a book by Harold L. Sirkin, James W. Hemerling and Arindam K. Disadvantaged. In this book they discuss the nature of a true global economy and how the companies from the emerging markets are competing on a global scale.
This article made me think about the untapped emerging markets in the United States. While we praise the small business owner, we are not creating an environment for scalable growth. One example is the Minority, Disadvantaged and Women Business Enterprise program. At first glance, the program does exactly what is should - provide opportunities for underrepresented populations.
Upon further review, I think the program actually perpetuates a 2nd Tier mentality. Why be satisfied as the supplier instead of the primary company. If the companies don't have a scalable business development infrastructure as a stand-alone entity, why not incentivize collaboration for growth. It works for the NIH.
Just a thought. With the talented group of small business owners in the U.S., our focus shouldn't be on losing jobs overseas. We should be fostering the growth of new business.
What do you think we can do to change the game? Are you thinking local or global?
Be+Do+Solve(TM)
This article made me think about the untapped emerging markets in the United States. While we praise the small business owner, we are not creating an environment for scalable growth. One example is the Minority, Disadvantaged and Women Business Enterprise program. At first glance, the program does exactly what is should - provide opportunities for underrepresented populations.
Upon further review, I think the program actually perpetuates a 2nd Tier mentality. Why be satisfied as the supplier instead of the primary company. If the companies don't have a scalable business development infrastructure as a stand-alone entity, why not incentivize collaboration for growth. It works for the NIH.
Just a thought. With the talented group of small business owners in the U.S., our focus shouldn't be on losing jobs overseas. We should be fostering the growth of new business.
What do you think we can do to change the game? Are you thinking local or global?
Be+Do+Solve(TM)
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