The modern world has, along with a host of positive developments, thrown us into a sea of challenges. We sometimes find ourselves with no reprive. The Global Economic Crisis is one such challenge we face today about which I would like to write today.
A very natural question everyone is asking today is : How ? Simple answer though. A big snowball of past mistakes can be difficult to fight against! A lot of mistakes have been committed by investors, regulators, the Government, the watchdogs (read investigators, auditors) and even irresponsible public attitude is to blame for this crisis that threatens us today. How are we going to prevent this from ruining our future.
Our future will shape itself in the way we want it to materialize. The last 10 years have been one of struggle and pain. The best thing one could ever do was to study hard, get good grades and find a safe, secure job or career and settle down for good after a few decades of service in an organization. More often than not, the journey ends up being monotonous and very rarely do people get to explore what they are really good at. Today, the demands have changed. That attitude will NOT see us through in the future, and especially so in the light of this insane crisis. The future belongs to inventive, innovative and inspiring thinking.
The next few years will be different for us. We will need to move beyond the obvious and try and create a workforce or a job. It is certainly not enough if we sit back and let our Universities arrange placements. The economic crisis owes its existence to an attitude of callousness. We have always been reckless and light hearted about our long term objectives. Our regulators weren't seeing the storm until it finally came and hit us. Everyone points fingers at the watchdogs when they fail to realize that the tone at the top of the failed organizations is really the only thing to blame !
Modernism is innovation. Innovation is modernism.
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