Conference: Mauritius Lack of Qualified Managers, said Professor Porter

10 years ago - April 16, 2014
Conference: Mauritius Lack of Qualified Managers..
He readily admitted not knowing enough Mauritian context. But what Michael Porter had to say about the country will certainly sobering policymakers, including the President of the Republic Kailash Yage, many among the audience. That was Wednesday, April 2, at J & J Auditorium , at a conference on the theme "Strategy and Competition."

"Mauritius is doing well, but not great," said Professor Porter, who is recognized as one of the world's most influential thinkers on business strategy. Based on comparable Mauritius , he believes that the country should be able to attract more foreign investment. According to Michael Porter, the country suffers from poor Internet connectivity, but also a lack of capacity in terms of technology and skilled managers.

"It is normal for countries like Mauritius, who made so much progress in so little time, encountering barriers. Skip to the next level will require more than simple amendments to the law, for example, " adds Professor Porter. Hence the need to develop what he calls a national value proposition and identify achievable in the medium term.

"The goal for a company, it is not to be the best at everything"

Time of day, he also returned to the main elements of his thought, including Porter's five forces, which have made it famous. Michael Porter also discussed at length the concept of differentiation, scratching in passing some ideas. "The goal for a company, it is not to be the best in everything, but to develop a distinct approach or market it will ensure profitability over the long term. "

His ideas on competitiveness will also surprised the audience. No offense to the private sector, the teacher believes that competitiveness is not the result of a weak currency, or lower wages. Instead, a competitive economy is one that manages to impose on the global or regional market while improving the living conditions of its citizens.

The social responsibility is also another area where the teacher attaches great importance. "My experience has made me understand that a company that invests in the community can reap many benefits in the long term," said Michael Porter. Much food for thought for business leaders and other political leaders, came in large numbers to attend the lessons of the expert strategy.

 

Text by lexpress.mu

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