Comments on: Money Talks, Bullshit Walks http://masalai.wordpress.com/2008/03/24/money-talks-bullshit-walks/ news, ideas, general banter and your comments...(acting locally looking globally) Sat, 19 Jul 2008 00:47:48 +0000 http://wordpress.org/?v=MU By: Emmanuel http://masalai.wordpress.com/2008/03/24/money-talks-bullshit-walks/#comment-7441 Emmanuel Wed, 02 Apr 2008 14:25:08 +0000 http://masalai.wordpress.com/?p=275#comment-7441 D & CW, great discussion here. In terms of finance on a smaller scale the PNG Microfinance company in PNG has been growing at a very encouraging rate. They would be the first obvious ways of providing access to finance. Maybe at the lowest level that could be a start with microfinance. But it's really big business that makes the most impact and if local companies don't get into it then obviously in a global market we can be sure of outside money coming in. Which in some cases is not such a bad idea in terms of transfer of technology, ideas, expertise etc. As for ideas and innovation, well we can just start by recognising the people around us. Maybe with annual business prizes. But even before we talk about innovation and entrepreneurial excellence, we need to talk about plain and simple business management training. All these businesses be they K10 in turnover or K100,000.00 need good managers to take it to the next level. D & CW, great discussion here. In terms of finance on a smaller scale the PNG Microfinance company in PNG has been growing at a very encouraging rate. They would be the first obvious ways of providing access to finance. Maybe at the lowest level that could be a start with microfinance.

But it’s really big business that makes the most impact and if local companies don’t get into it then obviously in a global market we can be sure of outside money coming in. Which in some cases is not such a bad idea in terms of transfer of technology, ideas, expertise etc.

As for ideas and innovation, well we can just start by recognising the people around us. Maybe with annual business prizes.

But even before we talk about innovation and entrepreneurial excellence, we need to talk about plain and simple business management training. All these businesses be they K10 in turnover or K100,000.00 need good managers to take it to the next level.

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