Most times when we speak about economic and social development, many of us think about the cost of infrastructure or costs associated with the government providing stimulus to the economy. Or if we talk about reducing crime, then one of the first things discussed is the need for more resources for the police.
The truth is many things can be done that do not require any or much resources. This is the same as making positive changes in an organization. In many instances, the really positive changes that are needed to kick start a successful organization, do not have any costs attached to them.
In fact spending money can make the situation even worse if the requisite action is not taken to set the stage for a new development path. Similarly, we often hear that the police force or the health sector need more resources, but putting money into a broken system does not necessarily fix the problem. Leading up to the 2008 recession, for example, we saw more and more funds being allocated to health, security, and education, but those sectors actually worsened over that period.
Published in the on Observer
Read Full Article →