Global Poverty Solutions Through ... - Workplace Communication

Article by TJL

The issue of global poverty is a significant plight in our world today; traditional solutions to global poverty have been led by governmental initiatives, which rely on a top-down approach. These government programs have dedicated billions of dollars in recent decades to help alleviate the formidable issue of global poverty; yet ultimately, these types of efforts have had an inappreciable impact in terms of effectively combating global poverty at large. It seems clear that to truly work towards ending global poverty, we as a society need to adopt a different strategy.

If billions of dollars in government funding has done little to help end global poverty, one might wonder what type of strategy will actually have a dramatic impact in terms of decreasing global poverty rates. Perhaps a better mindset to maintain in terms of engineering global poverty solutions is to focus not on merely decreasing poverty rates, as this seems to have been the principal motive behind unsuccessful government efforts, but to instead construct a strategy that aims to end global poverty altogether. This outlook necessitates an entirely different methodology for devising global poverty solutions, a factor that herein may constitute a degree of progress and innovation that previous strategies have lacked.

Aid programs have proven to be largely ineffective in tackling the issue of global poverty. An innovative new approach relies on enterprise-based solutions and the use of the private sector as a promising new way to end global poverty. This strategy distributes aid to poverty-stricken nations from the bottom-up; this is the opposite framework utilized by previous government strategies, and the form of aid disseminated involves more than simply donating material resources or capital. Instead, enterprise-based solutions to global poverty call upon the private sector as a resource for spreading entrepreneurial business skills to these nations, giving them the tools they need to generate their own wealth.

Unlike capital-based government solutions to global poverty, this business-based solution provides struggling nations with sustainable tools to combat poverty and relinquish their economic autonomy. Private sector funding is used to support and cultivate progressive forms of leadership in developing nations through a variety of sources, including media, literature, films, and more. Enterprise-based solutions to global poverty also fund forward-thinking societal leaders who can help facilitate economic mobility through social progress.

The central goal of these efforts is to dedicate funding to resources that will encourage increased economic integration, improved productivity, and overall growth in developing nations. With business-based entrepreneurial skills and strong societal leaders, enterprise-based solutions to global poverty aim to help these poorer nations build new markets. The aim is that these new markets will promote ongoing productivity and a continual exchange of commodities, all the while creating networks that foster communication and community growth. This will contribute to sustaining more egalitarian societies within these nations, and promote a free market where individuals have the opportunity to grow as business innovators and reap the economic benefits of doing so.

Source: http://www.crawley.biz/global-poverty-solutions-through-business-innovation

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