$2 trillion: Pandemic recovery and SME economy

Naseem Javed
Naseem Javed

A blueprint for quadrupling productivity, through upskilling and jobs creation.

Will $2 trillion save the midsize business economy of America?  Will this be a gentle rain of currency, like manna from heaven, or a crushing hailstorm of debt? President Joe Biden is delivering on the promise to build a great US economy and avoid trade-wars, therefore, on table, internal skill-wars to upskill and reskilling-working citizens to stand up to global competitive standards is now top priority.

Nations of the world now measured by new standards of skilling and re-skilling for the new world, observe how the last tectonic shifts started and changed the power-map of the world during our recent “computer-age” transformation. The mini-micro-small-medium-enterprise economy of the United States now gets some amazing opportunities. Suddenly, on the grassroots economic development frontiers, new eruptions, new realities but simultaneously all around the world, nation-by-nation, city-by-city, pandemic recovery forcefully teaches us some new global-age mantras.

Emergence of new corporate math: A $1,000 investment in technology buys digital solutions, which cost a million dollars a decade ago.  Today, a $1,000 investment buys on global-age upskilling on export expansion that were million dollars a decade ago.  Today, a $1,000 investment on virtual-events buys what took a year and cost a million dollar a decade ago. Today, any micro-small-medium-enterprise capable of remote working models can save 80% of office and bureaucratic costs and suddenly operate like a mini-multi-national with little or no additional costs.

Key Question: Are American cities and regions ready for national mobilization of entrepreneurialism? Are national chambers and associations in agreement on upskilling small medium enterprises? Is there an aggressive national agenda to quadruple innovative excellence and exportability?  How skilled are local leaderships of gatekeeper agencies on such national-global deployments? How streamlined are the business-women-groups to come forward and such pragmatic fronts? How expert are they on national mobilization of entrepreneurialism on digital platforms of upskilling?

Now is the time for national mobilization of entrepreneurialism on digital platforms of upskilling for exportability, for some 200 nations and 10,000 cities. Imagine if the U.S. Small Business Administration mobilized selected 10 million SMEs for digital platforms for rapid-fire upskilling of exporters and reskilling of micro and small-medium manufactures to quadruple productivity, performance and profitability leading to additional new jobs creations. This is like a Marshall Plan but in reality more like a turnkey digital platform economy maneuver seeking right and authoritative leadership. Imagine if doubling or quadrupling of productivity created 10 new jobs, this would add 100 million new jobs in 1-2 years. Maybe not the best jobs but surely secure local grassroots prosperity.

Now is the time for trade groups to come together: Local departments and agencies, trade associations and chambers across the U.S. must shine in participating on various aspects to boost their own local presence and their own memberships across the board.

Now the new trade winds: Allow micro-small-medium enterprises a tax-free window on the first $5 million to $10 million revenues in exports. This will create local jobs and bring foreign exchange. Allow micro-small-medium enterprises free access to all dormant Intellectual Property, patents rolled up due to lack of commercialization as academic experts on innovative technologies and related skills on free voucher programs. Allow micro-small-medium enterprises free full time MBA as 12 months interns, so MBA graduates can acquire some entrepreneurialism while enterprises may uplift their ideas in real practice. Allow a million qualified overseas entrepreneurs to park within a nation for 5-10 years under a special tax-free visa program. Allow National Mobilization of Entrepreneurialism Protocols mandated to engage trade and exports bodies. Allow National Scoring of entrepreneurialism to measure, differentiate talents, and separate out pretenders.

Now the urgency demands qualified execution; Success at times is failure management; failure is often about a lost battle, but not about a lost war, the ultimate success is not necessarily about winning the war, success more about understanding of the battlefield, as the real victory hidden outside the war. Expothon Worldwide, relentless in pursuit and authoritative with action, is tabling a very bold new agenda and starting a special high-level global series of virtual events in coming months. Going forward, the virtualization of the national economies will boost vertical sectors to new heights, globalization creates new links to global exportability, therefore, grassroots prosperity and upskilled performance must adjust to absorb the new loads. Study more on Google.

Now the immediate task and difficult questions: Start by identifying local national regions ready for national mobilization of entrepreneurialism. Select chambers and trade associations in agreement on upskilling small medium enterprises. Organize harmonious effort to uplift women entrepreneurs on the national stage. Introduce fast-track options to upskill local leaderships such economic deployment bodies. Identify, when simultaneous synchronization uplifts upskill of 1,000 to 100,000 SMEs on a fast track basis, what is blocking? Select solid agenda and contents for high quality umbrella debates streamed weekly to all stakeholders locally or nationally. Identify, when such issues are not new funding hungry, they are execution starved, who is stopping? Where are the top global-scale skills and deployment models? Best develop large and small mobilization programs and take collaborative approach. A great future lies ahead.

The rest is easy…

(Naseem Javed is a corporate philosopher, Chairman of Expothon Worldwide; a Think tank on Image Supremacy of Innovative Excellence & Entrepreneurial Leadership. He is leading charge on entrepreneurial leadership transformation and a recognized authority on global digital trends, image complexities how they impact business performances and create global age skill shifts. His recent work on Expothon Strategy is getting global attention. His latest new book; Alpha Dreamers; the five billions connected who will change the world. www.expothon.com. He can be connected via LinkedIn: https://www.linkedin.com/in/naseemjaved.)

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