Archive for June, 2011

SYSTEM DEVELOPMENT OF AN ENTERPRISE CULTURE

SYSTEM DEVELOPMENT OF AN ENTERPRISE CULTURE

All statements and figures presented so far are intended to demonstrate what is suddenly clear: the importance of the process of creation and growth of new businesses is in economic development social.

Two things are fundamental to the emergence of new companies:

First: The emergence of new entrepreneurs.

Second: The development of favorable circumstances the process Figure 1 and 2 show that all groups and major responsibilities to fulfill when it comes to this cultural change

The order of the elements of development is different from the traditional command economy, in this new vision of development factors can come together in Fig.3, it is essential to understand the role of the human being that there have called the employer, in their knowledge, skills and competencies to act in the market, based on the circumstances that the atmosphere will arise.

result of the determination Business

• Korea’s growth has been the natural result of the determination, sacrifice and hard work of its people.
• The great resource of Korea is its people.
• The decision was overcome poverty and national tragedy.
• Three characteristics marked the event: market orientation, flexibility and innovation, risk taking.
• The spirit of the company has three elements: creativity, challenge and sacrifice.
• It works on the concept of co-prosperity, which means that a successful business must provide fair benefits to various groups: employees, customers, partners and government.
• The company’s success depends on the development and success of employees and vice versa.
• Partnerships with other countries and business groups has led to economic progress by balancing four factors: capital, technology, human resources and markets.
• The key to economic success and development is the restrictive policy, but in the development of aggressive and innovative solutions.

The development of Latin America versus the Asian Tigers

The development of Latin America versus the Asian Tigers

For too long economics said the factors of production and therefore responsible for the development were: land, capital and labor, it was with what had Latin American countries so one supposes that these would be the future global economic powers, for their part, East Asia countries without these resources to the same extent but now they have the record of economic growth, high and sustained in recent decades. This was due to industrial development in eight countries: Japan, the four dragons and tigers: Hong Kong, Singapore, Taiwan and South Korea, named for its rapid economic development, and three newly industrializing countries: Malaysia, Thailand and Indonesia. Industrial development based on foreign capital investment and over-exploitation of cheap labor, abundant and poorly organized in unions.

The positive contributors to their development were its geographic location (for easy access to sea routes to export their products) and the relative closeness between them that favored capital flows. For example, Japanese manufacturers moved their factories to southern countries to benefit from lower wages.

Importantly, not only the speed of economic growth, but the improvement in human welfare due to greater equity in the distribution of profits. The per capita income growth rare was reflected in the reduction of poverty. For example, Thailand, the 1960 had 59% of its population living below the poverty line and in the decade of 1980 this ratio had fallen to 26%. Another example is Indonesia, in late 1970 had 58% of its population below the poverty line and ten years later this rate had fallen to 17%. In addition, other social indicators improved as the percentage of illiteracy.