10-06-27 No 3 CSR in the community - NBI - The Himalayan Times
10-08-15 No 10 The value of trust - NBI - THT - CF.PDF
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ThecostofinsecuriW
andthevalueoftrust
Cat rFro€hlich
Kathnandu
I magineyoucouidfust your
I expofi to beshippedin time
I at a frxedrate.Imagineyou
I couldlely on rcceivjngyour
suppues without wondering
how much facilitation feeyou
wouldhaveto payor if they are
still up to the quality standard
afterbeinglockedup duringa
week-long
banalh.Imag-
ine you could
just call the
police if
debtsare not
paid in time.
Imagine you
surance,human resollrceor
productdevelopment.Inragine
if all theenergyput in worry-
ing aboutthe political or eco-
nomic development would
havebeeninvestedin explor
ing Nepal'seconomicpoiential
or in implementingbusiness
plans.Howwould expo flour-
ish?WhatwouldNepals trade
balancelook like? How many
jobswouldhavebeencreated?
How many
aligined re-
couldsavemostof thecost]ou sourceswould havebeen in.
ar€spendingonsecudtyImag vested in developmentpro-
ine you couldjust plan produc- jects?
tion six monthsahead.
cr€atewealth,
Admittedly security andlbr
This soundslike paradiseto rnal trust need to be estab
Nepalibusinesspeoplebut it is lished by a stong government
therealityin manyotherparts and public administration.
of theworld andoneof the rea However,the role and the ca-
sonswhyothereconomiesare pacityof theprivatesectorto
doingbetter Institutlonalised Iobbyfor securityandthecon
trust as opposedto personal ditions for formal trust are
trust requires transparent and vast. Personal trust and in-
clearlegislation,a strongrule tegdty canbea stariing point
of law, enforcementthereof to build necessaryalhances
andcontractualsecudtlrIt re- with other partsof societyin
ducestransaction costsanden order to createastronglobby A
ablespeopleto dobusinessand stronglobbyfor trust and secu
rity isessential- notonlyfor
It isnotonlyaboutbusin€ss- theprivatesectorbut alsofor
es themselves.Ihagine if ali thesociewasawhole.
the resourcesspendon securi- (Theauthor isa CSRL:iipert
ty, conflict, donations or the 6tNalionel BusilessInitiatiue
umpteenthrevisionof plans
wouldbeinvestedin qualityas-
andcanbecantactedal
info(!)nbinePaLorg.np)
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6
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ThecostofinsecuriW
andthevalueoftrust
Cat rFro€hlich
Kathnandu
I magineyoucouidfust your
I expofi to beshippedin time
I at a frxedrate.Imagineyou
I couldlely on rcceivjngyour
suppues without wondering
how much facilitation feeyou
wouldhaveto payor if they are
still up to the quality standard
afterbeinglockedup duringa
week-long
banalh.Imag-
ine you could
just call the
police if
debtsare not
paid in time.
Imagine you
surance,human resollrceor
productdevelopment.Inragine
if all theenergyput in worry-
ing aboutthe political or eco-
nomic development would
havebeeninvestedin explor
ing Nepal'seconomicpoiential
or in implementingbusiness
plans.Howwould expo flour-
ish?WhatwouldNepals trade
balancelook like? How many
jobswouldhavebeencreated?
How many
aligined re-
couldsavemostof thecost]ou sourceswould havebeen in.
ar€spendingonsecudtyImag vested in developmentpro-
ine you couldjust plan produc- jects?
tion six monthsahead.
cr€atewealth,
Admittedly security andlbr
This soundslike paradiseto rnal trust need to be estab
Nepalibusinesspeoplebut it is lished by a stong government
therealityin manyotherparts and public administration.
of theworld andoneof the rea However,the role and the ca-
sonswhyothereconomiesare pacityof theprivatesectorto
doingbetter Institutlonalised Iobbyfor securityandthecon
trust as opposedto personal ditions for formal trust are
trust requires transparent and vast. Personal trust and in-
clearlegislation,a strongrule tegdty canbea stariing point
of law, enforcementthereof to build necessaryalhances
andcontractualsecudtlrIt re- with other partsof societyin
ducestransaction costsanden order to createastronglobby A
ablespeopleto dobusinessand stronglobbyfor trust and secu
rity isessential- notonlyfor
It isnotonlyaboutbusin€ss- theprivatesectorbut alsofor
es themselves.Ihagine if ali thesociewasawhole.
the resourcesspendon securi- (Theauthor isa CSRL:iipert
ty, conflict, donations or the 6tNalionel BusilessInitiatiue
umpteenthrevisionof plans
wouldbeinvestedin qualityas-
andcanbecantactedal
info(!)nbinePaLorg.np)
a a a - 6 s : 9 9](https://image.slidesharecdn.com/51db0416-13e7-40ec-bce3-f8523c664560-160216200249/85/10-08-15-No-10-The-value-of-trust-NBI-THT-CF-PDF-1-320.jpg)
