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October, 2002

Last Word

Positive Thinking Niti

The time is changing, and they say each of the next day is going for the worst. The Nepali business and industry is facing problems and every person you meet in the fraternity depicts the situation as really grim. The security situation here has been making the international community more worried, and the Nepali businesses are hapless watchers of power wrangling, individualism and complete lawlessness. You tend to agree that perhaps, in the history of the modern business, these days have been the worst ones.

Against this background, many survival strategy workshops are being held and some companies are desperately seeking the options to survive and grow. The times are tough and perhaps this is really an interesting opportunity to see how new talents emerge. The easiest route to take for a professional is perhaps to migrate to another country and take up a job there or do one or the other business possible to do there. Though this may benefit the individual, such escapism has harmed the Nepali society as our entrepreneurial history tells us. Forty-five years back, Nepali businessmen fled from the then Tibet, now part of China, and folded up not only their businesses in Tibet but also closed many establishments that they had in India. Nepali business community has been a stark contrast to the historical Nepali image of a warrior community. Nepali businessmen have always been timid and they close the shop as soon as any danger looms in the distant horizon. Of course, this helps to make short-term gains, but it does not contribute in the long-run to the economy. It is also important to understand here that since the majority of the trading community of Nepal are trans-border operators, they are the leaders of this escapist mentality.

It is important now for the business community to think positively and see business in a much longer perspective. A friend of mine who is an amazingly positive thinker, reminds me, he will believe that Nepal is really in the problem only when the Bhat-Bhateni supermarket is padlocked. The lesson to draw is that there are enterprises that are surviving and are innovative enough to survive. It is important for business managers and individual entrepreneurs to realize that you achieve success when you can make things happen despite all the adversities. Not all the companies are suffering losses, there are companies that are growing even during these days. They are facing the challenges well, and hopefully they will do even better in the future.

The issue is of the mindset and perhaps that is one important thing that business and industry need to consider. It is important for the business community to have a positive thinking seriously. It has not got anything to do with De Bono or any of the other practitioners of positive thinking. It may be good to vent out the negativities, but what do you say when at every cocktail the favorite topic is to declare that Nepal is doomed.

The mindset change has to begin at the top and the message should trickle down the line. It is important for the managers, the company boards and entrepreneurs to bring a sense of urgency in thinking about their own strategies for the business they are in and the industry they belong to. Nepal had many opportunities for the business to capitalize on, but the opportunities were lost as the businesses kept themselves busy in government battering and association related electioneering. If the business and industry can emerge out of this situation with a positive perspective, the future will thank the present.


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