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It has now been sometime that the artificial
BRIC denomination has been around. A prominent Brazilian business leader was sharing
privately, "This BRIC neologism is a pure
marketing invention: Brazil, Russia, India and China
have nothing in common in their offerings or in
their challenge to transform their promise of
growth into reality." It made sense to me. However, in
its December 24, edition, the serious Swiss, Le
Temps, daily was again jumping onto the bandwagon and promising growth in the
next decade for the BRIC countries. May it be that
way!
I consider Umair Haque a
genius of our time. LBS M.B.A., Director of the Havas Media Lab,
he publishes a rich blog in the Harvard Business Review
(http: blogs.harvardbusiness.org/haque/) which I encourage you all to
follow. We will get back to him when exploring the topic of "Open
Source Economy".
Two recent and apparently unrelated posts of Umair struck a chord with
me, particularly with regard to you all, as young, Indian and soon, hopefully global leaders.
The first article, (What's your strategy for
the next decade?), courageously goes against all
those whose opinions, "fly in support of an
announced victory", when they claim that China will be
the next economical power. Not at all claims
Umair! By blindly seeking to copy an outdated
growth model (Cheap mass production at all cost),
China failed to set itself up for taking the leadership
of new, sustainable growth which is up for grab in our world. This summary being unfair for
Umair's bright paper I encourage you to read by
yourself but I find in it a solid warning, challenge
and encouragement for you readers. What kind of a growth do we want for India? Will we
blindly copy a model which is showing its "shortsightedness", or will we learn from
others' mistake and play smarter? |
