The document discusses seven spheres of influence and outlines 12 factors that governments should focus on to create the right economic environment. It also discusses the DIKW continuum as steps towards transformation from data to wisdom, and how business and investment influences every aspect of society through understanding risk, innovation jobs, and visionary leadership.
3. The Role of Government
Create the Right Economic Environment
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1) Personal / Corporate Security
2) Rule of Law
3) Monetary Policy
4) Tax Policy
5) Reliable Data
6) Asset Title Ownership
7) Government Accountability
8) Infrastructure Master Plan
9) Resource Policy and Planning
10) Character Based Work Force
11) Access to Capital and Banking
12) Ease of Doing Business
I believe in the dignity of labor, whether with
head or hand; that the world owes no man a
living but that it owes every man an opportunity
to make a living.
John D. Rockefeller
4. The DIKW Continuum
Steps towards transformation
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Transparency
Transformation
DATA
Metrics
INFORMATION
Analysis
WISDOM
ReflectionKNOWLEDGE
Leadership
5. Business & Investment
Influences every aspect of society
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1) Understanding Risk
2) Picking Winners and Losers
3) Innovation
4) High Performance
5) Jobs = Dignity
Good business leaders create a vision,
articulate the vision, passionately own the
vision, and relentlessly drive it to completion.
Jack Welch