Once Pakistan’s midsized business economy gets professionally digitalised and is fully globally accessible. This will enable small and medium sized businesses of the nation showcased on national platforms to project their identity, talent, production of quality goods and services and open for global inter-connectivity. Four amazing things will happen; quadrupling of exports, extra foreign exchange and a boosting of the entrepreneurial talents with superior global image around the world. This will also awaken the most valuable but currently dormant Pakistani diaspora to bounce with this massive mobilization. An economic miracle is a possibility. But what will happen if all this was achieved within 300 days?
Two critical hurdles; This is not possible, without anew understanding of global age economic transformation and demands creating top level world-class real hardcore debates, bringing right thought leadership, engaging with blueprints and global expertise leading to consensus and acceptance to become an aggressively driven digitally minded nation. Secondly, lay out national agenda with full knowledge that such deployments of national mobilisations are primarily knowledge and execution centric and have less to do with new funding.
The following are four critical steps to creating an economic miracle:
Every big and small enterprise, right across the nation should be allowed free access to massive national digital platforms to enable cross-fertilization and showcase their talents, goods and services. This national and global exposure with world-class quality will create trading opportunities and will mobilize the dormant Pakistani diaspora. Not to be confused with current old-style websites and disorganized social media buzz, this is an ultra-sophisticated global-scale maneuver.
Every national trade association and every major chamber of commerce across the nation must be mandated to share such national umbrella platforms with cross-fertilization and large pools of knowledge shared to enable vertical sector growths. All this activity will further enhance already structured trade groups via fast digital to open flood gates to new global customers
Every entrepreneur of the nation must be allowed to showcase their talent ideas, no matter how big or small but recognized to be part of custom designed national platform. This fully digital national entrepreneurial deployment programs with detailed profiles showcasing special expertise will create cross-fertilization with national and global alliances creating expansion and innovative excellence. This is not to be confused with start-ups, existing pools of large but disconnected data as these are global age savvy marketing and image building platforms curated to intelligently representsmart and experienced entrepreneurs of the nation of all ages.
Every national trade association and every major chamber of commerce across the nation must be mandated to share such national umbrella platforms with cross-fertilization and large pools of knowledge shared to enable vertical sector growths. All this activity will further enhance already structured trade groups via fast digital to open flood gates to new global customers. Not to be confused with current newsletter and broken mailing lists, this is very advanced footwork on global stage.
Immediately: This work will also make it possible for national mobilization of massive unlearning programs to drift away from the past procedures and new relearning of the future and global age skills, across the million frontline workers in both public and private sectors. Furthermore, across the vast nation, this deployment and framing will boost the morale of small and midsize businesses the real but currently stalled economic engines of Pakistan. Digitalization will open a brand-new world for those missing global accessibility and limited on showcasing of their talents on trading and creating foreign exchange possibilities.
Can Pakistan’s midsize Economy become fully digital within300 days… yes, but with some difficulty.
Can midsize economy gatekeeper and owners become digitally oriented…yes, but with great difficulty.
Can leaders of trade groups and trade associations agree to mobilize…yes, but with extreme difficulty.
Can there be a high-level debate and discussion to explore any miraculous option… yes, very easily.
Failure to achieve such speedy executions will only force the populace to lose faith in any economic revival. How can the digitalization of Pakistan’s midsize business economy become a miracle for the nation? Your call!
The author is the founding chairperson of Expothon Worldwide
Published in Daily Times, February 6th 2019.