Saturday, July 23, 2016

Eric Liddell: A Role Model

There are just a few weeks away from the opening ceremonies of the 2016 Rio Olympic Games in Brazil. Under the current global scenario and events, there is so much happening worldwide which may create seemingly unfathomable dark clouds over the many intangible aspects which provide an inspiring Vision, Mission and Purpose. In addition, at times like this, it is also very important to focus on the inherent positive traits, qualities and attributes which enable true goodwill, sustainability, social responsibility, and empowerment.

The sport of "Athletics" or Track & Field is also undergoing so many controversies, debates, battles, and issues. This core sport, which is one of the premier events of the Olympic Games, will once again be in the spotlight featuring athletes from various corners of the globe and walks-of-life on their journey to athletic glory. Some may break world records, some set Olympic records, some set national records, some with personal records, some with the personal satisfaction of just crossing the finish line, and, others with just the thrill of taking part in the competition.

At moments like this, there are many names, but, a name keeps standing-out over and over again from the pages of history; “Eric Liddell”. Historically, through various forms of modern media, it is well documented who Eric Liddell was, his accomplishments at the 1924 Paris Olympic Games and dedicated, selfless service and personal sacrifice in China.

Eric Liddell may not have had the “classic” running form of a world-class sprinter in the 100 Meters, 200 Meters or 400 Meters. In fact, it is said that he did not have the prerequisite “GAIT”, nor the biomechanics, nor the bioenergetics, nor the kinesiology of the elite world-record setting Olympic champions of his time. His training, for achieving world-class status, may not have been at par with internationally well accepted sports science, fitness and training standards.

There must be something which made Eric Liddell think, speak and do what he did. For his inspired deeds and accomplishments are indeed not paltry nor meager. In the classrooms he taught or on the stadium tracks he ran or elsewhere in his life, Eric Liddell was “A Role Model”. Speaking a kind word of hope or a kind gesture to a complete stranger or shaking the hand of his rivals and competitors in the locker room or at the starting line prior to each race; this was Eric Liddell.

Looking back, Eric Liddell was not just a son, a brother, a husband, a father, a teacher, a friend, nor a world-class athlete; for all these roles, duties and responsibilities were just an extension of the true innate personality of Eric Liddell. It has been said that the power of the human spirit emanates from deep within each and every one of us; which truly makes us “human”. Also, it has been said that it is not always what we are outside, but, what we really are inside for all is nothing, but, a reflection, reaction, resound of our inner being. So many more books, films, and other forms of media content may come in the future, but, the essence of Eric Liddell is truly what he was inside.

Saturday, July 9, 2016

A Key Role for Sustainability

The global economy is undergoing different possible and potential scenarios with respect to monetary policy, currencies, fiscal/trade/investment/financial/regulatory framework as well as subsequent resulting impact on macroeconomics and microeconomics. In this context, it is important to better understand and appreciate a key role for Sustainability.

In conventional or traditional commercial market dynamics and segmentation, typical components for various sectors, industries, products, and services includes, but not limited to, Supply, Demand, Unmet Gap (demand minus supply), Elasticity (in demand and income levels), Infrastructure (existing and planned), Influencing Factors (political, bureaucratic, and legislative), Competition (existing and emerging), and Alternative Market Scenarios (mercantile system vs. structured project finance).
As global convergence has been underway since the early 1990s between various developed and emerging economies, there has been considerable emphasis by various stakeholders (Governments, Corporates, Academia, Non-Profits, and Individuals) on the important relevance and roles for Sustainability, Innovation, Social Responsibility and Empowerment.

An essential ingredient and definitive driver which requires increased focus is Sustainability. For the last 2-3 decades, there have been multiple definitions which include; “Energy-Economy-Environment (E3)” and “People-Profits-Planet (P3)”. In due course of time, there may be many more.

During the next 2-3+ decades, for various stakeholders, Sustainability will also play a critical role in determining the interrelationship between Purchasing Power vs. Standard of Living. Inherently, the “Capacity-Ability-Affordability-Willingness-To Pay” of different wholesale and retail customers/consumers (B2B/B2C) as well as Direct-To-Customer (D2C) may be further impacted.

In addition, current global Supply-Demand chain(s) for various products and/or services may also be further impacted due to the key role played by Sustainability along with Innovation, Social Responsibility, and Empowerment.

 Accordingly, it will be important to monitor and further evaluate any potential transformative shifts and/or changes in conventional and traditional commercial market dynamics, segmentation and lifestyle demographics.

Sunday, June 26, 2016

BrExit vs. Impact

Over the last few days, there has been considerable media coverage of “BrExit”. Various opinions, viewpoints, insights continue to be heard from all perspectives around the globe. These include, but not limited to, potential impact on political, bureaucratic, socio-economic, and cultural issues.

On a “secular” economic-financial level, as the days, weeks and months unfold, it may also be very important to observe the global impact on; monetary policy, fiscal & financial policy, regulatory policy, macroeconomics and microeconomics. Further, potential scenarios regarding inflation vs. deflation, deleveraging, asset valuations, mark-to-market, competitive currency markets, as well as geo-political issues and their impact on various commercial markets, sectors and industries.

Based on the above, on a practical level, potential impact must be assessed on various stakeholders across Governments-Corporates-Academia-Individuals.

Specifically, based on stakeholder demographics and consumer segmentation, it will be important to clearly determine and monitor key metrics as highlighted in adjacent figure.

The key driver and metrics for viable risk mitigation is emphasis and focus on sound and sustainable Asset Class(s), Income Stream(s) and positive Cashflow(s). In this regard, there can be a positive renewal in increased emphasis on re-building Balance Sheet(s) of various stakeholders. A plausible path forward for achieving above may be to advocate and enable increased focus on “Science-Technology-Engineering-Arts-Mathematics-Innovation-Entrepreneurship” (S-T-E-A-M-I-E). In addition, an enhanced commitment to; Holistic Solutions, Social Responsibility, Empowerment, Sustainability and other related positive areas.