Jesper Sørensen: Why Do Entrepreneurs Take the Leap? | Stanford Graduate School of Business

This is an insightful article from the  Stanford Graduate School of Business. It’s worth a read. Check it out!

via Jesper Sørensen: Why Do Entrepreneurs Take the Leap? | Stanford Graduate School of Business.

Let’s take this article as a beacon for revitalizing Europe. The challenge is to turn many of the ‘lost generation’ of young people across Europe into entrepreneurs. With advancing technology and global sourcing, it will be hard to replace traditional jobs in Europe. Youth unemployment levels in Southern Europe are 60% +.

Rather than social benefits and dreaming about jobs, policy should remove bureaucracy and provide massive incentives for entrepreneurs. European Commission policy needs to be supplemented by massive fiscal incentives for entrepreneurs. Also banks need to be supportive – either they support entrepreneurs or they are broken-up, nationalized or suffer penalty pain taxes. It’s not rocket science – it’s doable, with a little political will.

Thoughts?

Bringing out the best in people | McKinsey & Company

English: David Cameron Deutsch: David Cameron

English: David Cameron Deutsch: David Cameron (Photo credit: Wikipedia)

This is an excellent, must-read article from strategy consultants’ McKinsey. Check it out!

via Bringing out the best in people | McKinsey & Company.

It is time to look at public sector service post austerity. As had been predicted and analyzed on this blog over the last four years, austerity has largely fallen on cuts to the quality of public service. Little has been done to effectively consolidate a bloated public sector. Cuts have typically fallen upon front-line services.

It’s useful to take the McKinsey article as best practice and look at the record of UK Prime Minister, David Cameron.

Whoever wins the UK election, it is necessary to take a strategic approach to the public sector.

Thoughts?