Maybe I tend to refer or promote this book too often but it is true that Thomas Friedman raised some very relevant points in The World is Flat, albeit somewhat obvious to those looking.
He has a great chapter where he describes his thesis of how he thinks a country’s political stabilization is becoming linked with the presence of the country in the global playing field, using Dell as a reference.
I thought it was relevant to write this here because a lot of people in their living rooms complain about how businesses in Pakistan suffer the onslaught of political unrest.
Friedman’s theory, paraphrased, says
‘any country who is part of a significant global supply chain will never see wars and other political unrest — the cost of war for them is to lose $MB in money flowing through them’.
He quotes the example of escalating relations between India and Pakistan a few years ago, where the IT industry in India lobbied to the govt to de-escalate the environment. India, because of being part of the global BPO services supply chain, cannot afford political unrest.
So what does this mean for Pakistan? Well it is good to know that the New Economy is such that businesses can infact determine a role in the political stability of a country.
Our job-shops, factories and materials people need to jointly explore creative ways of becoming atleast one stop in some company’s global supply work — maybe we are materials suppliers, part-makers, manufacturing advisors, what have you.
We need to start taking IP infringement very seriously — infringing on global patents confines the business to remain within the country, it being illegal being the other bad thing ofcourse.
This is actually easier than one might think, and I might discuss some short-term entreprenurial ideas for getting there at some time.
In the idealistic, utopian, long-term: local IC manufacturers feed into local part manufacturers into local product designers all involved with international contracts.