Cornerstone Move1 book · 3 highlights

Opportunity Where Others See State Wreckage

Books Teaching This Pattern

Evidence

Issad Rebrab, Think Big, Start Small and Go Fast by Voir Grand, Commencer Petit Et aller Vite — book cover

Issad Rebrab, Think Big, Start Small and Go Fast

Voir Grand, Commencer Petit Et aller Vite · 3 highlights

  1. "Thus, the theory of industrializing industry crashed not because it was bad, but because it faced the underestimation of implementation issues, particularly the multiplicity of objectives imposed on state enterprises and the increasingly frequent intervention of pressure groups supporting one objective or another. The resulting politicization discouraged managers, demobilized staff, and questioned the objective. The goodwill of everyone, from the minister to the last employee, is not in question. It’s the system that was too complex and therefore could not be reasonably managed centrally. It is telling that B. Abdesselam, in his latest book, criticizes practically everyone; civil servants, private entrepreneurs, politicians, no one finds favor in his eyes, because he naively believes that wanting is enough to achieve. This great patriot is thus defeated by his own beliefs that he cannot confront with reality."

  2. "The Algerian economy, after more than four decades of centralized public management, remains highly dependent on resources, particularly oil. Despite particularly fertile sources of opportunity, such as the availability of energy at a reduced price, the vast size of the territory, relatively good water resources, proximity to important markets, a rapidly developing domestic market, and a population accustomed to working hard to survive, the development of the non-hydrocarbon economy remains below expectations."

  1. "Everything revolves around the perception of opportunity. This perception is first linked to the environment and then to the available resources. The environment is multifaceted and its perception is determined by the psychological profile of the person concerned. Two different people can have radically different opinions or perceptions of the environment. One may see it as favorable, while the other perceives it as unfavorable. The environment can be broken down into three main components: institutions, competition, and the economy in general. Each of these can be a source of opportunities. Resources are also a source of opportunities, primarily because they allow one to believe that things are possible. Among the most frequently mentioned resources are financial resources and occasionally technological resources. Business development experience shows that even though these play a significant role, the most important resources are leadership, values, vision, and managerial capabilities. In the concept of leadership, the psychological foundation that induces self-confidence and the will to act is also included. The perception of an opportunity implies an understanding of the environment, the availability of appropriate managerial skills, and genuine self-confidence. Developing entrepreneurship requires work on these three aspects."

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