Monday, August 17, 2009

Entreprenuer as President

I'm an MBA student, so I consider this entry a bit biased.

Election is once again nearing. And we are starting to hear various news about people planning to run for president. As the list grows, I can't help but notice that the presidentiables come from various backgrounds (by background, I mean the job they did before their political career). Even by looking at the backgrounds of the last 5 presidents, we can see that no two were the same. We had a lawyer, a housewife (God rest her soul), a military general, an actor, an economist. Recalling the past presidential elections, I also notice that the trend has not changed, the presidentiables really come from different backgrounds, from spiritual leaders to beauty queens turned wife of dictator to police man to etc. This leads to a conclusion that anyone in the Philippines can become president.

With this in mind, I ask myself this question, "From what background do I want the next president to come from?" My answer would be an entrepreneur (the new age one). Here are seven reasons why I thought of this.
1) The entrepreneur is always on the lookout for opportunties that will better grow the business. I think the Philippines have missed several opportunities that might have induced growth for us.
2) The entrepreneur understands the SWOT (strengths, weaknesses, opportunities, threats) analysis. The Philippines have lots of strengths and it seems that the government does not take advantage of these strengths.
3) The entrepreneur deals with various entities and builds relationships with them. With all these deals, it becomes second nature to become a good judge of character. It also gives him experience with negotiations.
4) The entrepreneur knows that he must understand his consumers to better serve them.
5) The entrepreneur knows that he must please not only his shareholders, but also his stakeholders.
6) The entrepreneur will not allow any unnessary expenses. All expenses must be done in order to gain more profit. (This means $20,000 dinners are out of the question, if it will not bring any profit to the business).
7) The entrepreneur is understands the concept of the triple bottomline (profits, social responsibility, and environmental responsibility). The triple bottomline is a new business concept where in businesses should no longer seek profits alone but also welfare of the society and the environment.

What about you? From what background do you think the president should come from? And why? Please feel free to leave your comments.

3 comments:

Bok Lamayan said...

it's a novel idea. but i think you need to look at how the position is set up. the post is only good for 6 year without reelection. as such plans are only good for short term... also you have to question the ethics of the entrepreneur. most entrepreneurs, from my perspective, would go for the quick buck... and look out for the next big opportunity.

but i think your idea has merit. ;)

Anonymous said...

Yes, I think an entrepreneur will have a quick respond to something that need to be fixed, since that is the nature of entrepreneur. But, I only remind something, manage a country is not as easy as manage a company. There are many rules and others party that you need to consider before the president do something. So, as long as he can give quick and proper action without neglecting the rules, it will be nice.

C.Petaling said...

A+++ WOULD READ AGAIN