Sunday, September 30, 2007

Diving in at the deep end

I was watching an interesting program that interviewed some of the world's richest people - people who compete for attention on Forbes Richest 400 list and now more interestingly on a list of the most generous people in the world.

Some of these people give away multiple BILLIONS of dollars to what one reporter described as "charities".

Interestingly enough, and without critiquing the way in which such money is provided, almost all of these rich people were concerned about ensuring that they received value for money spent (or as one person put it) invested.

I wonder whether in their concern for outcomes or value for money any of them have actually given some consideration to the question of putting their expertise to work as part of the deal?

"What expertise" you may well ask - to which the answer is, their entrepreneurial expertise.

What if, for example, these rich "investors" actually created a company which featured as 'shareholders' anyone who paid taxes in a country and actually "purchased" an entire country and ran it like a business?

I would be really interested to see (at a distance I add quickly) how well this application of entrepreneurial management styles would actually work when the "business" of the corporation took into account the well being of the workers, the shareholders, the consumers, all at the same time.

It would be as interesting an experiment as communism was in it's heyday and probably just as disasterous for all concerned.

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