Friday, October 11, 2019

Covey's First Habit Advice to Proponents of Corruption Eradication First

Stephen Covey's first habit advice to anti-corruption proponents:
First habit of highly successful people states that focusing on circle of concern is counter productive. Instead focusing on your circle of Influence will cause it to expand, and this expansion will eventually take care of your concerns. "Process Efficiency" is in your circle of Influence and "corruption" is in your circle of Concern.


Incompetence and inefficiency is the Mother of Corruption and is the fundamental problem of third world countries

Had corruption been the cause of our problems, then IK's "clean" govt's anti-corruption drive should have been showing better results. IK's "clean" govt has falsified the hypothesis that Pakistan's plight is because of corruption! It is the inefficiency and incompetence, stupids! Incompetence, not corruption, is responsible for our woes and problem.
[To understand the context of this post, please read At What Cost! Why Compute Economic Costs of Faulty Political Decisions]

Sunday, October 6, 2019

Be Sensitive While Paying for Pizza (expensive meal) through a Domestic Worker

Did you order pizza (or an expensive meal) and asked your doorman (ملازم،چوکیدار) to pay the bill which ran into thousands (typically Rs 3000 or even much more) to the home-delivery rider? Did you realize that you sent a message to your چوکیدار that you are willing to spend one-half or one-third the amount of his 30 days day-night salary on a single-time meal? This door man's salary is subsistence for his 4-6 member family surviving somewhere in the interior.

Friday, October 4, 2019

Strategic Issues for Universities in Pakistan

During a strategic management meeting on last Sunday (29th September, 2019), a leading industrial group chairman gave the following advice to the higher management of the universities:

The future outlook is bleak. Don't expect any investment or industrialization during the next 3 years. We are in the process of investing about Rs 4 billion in an industrial venture in collaboration with a foreign concern in Malaysia. The cost of investment rose from Rs 4 Billion to Rs 7 billion driving out all our projections of the feasibility. Forget about any FDI (Foreign Direct Investment) coming in. The unemployment is going to increase and the jobs available for graduates is going to decrease substantially. Hence the only option is to focus on entrepreneurship.