Egypt and its Future Managerial Work Force
Egypt is by far the most populated Arab nation. It has great reign in the Middle East and Arab League. How will Egypt's future managers and CEO's lead the economy through tough times? Egypt is showing little promise in economic turnover where other country's have shown phenomenal success. Let's not forget, however, that Egypt is a transitional culture state. The nation faces conflict such as Bedouin values versus sedentary population.
Egypt has faced hardships in the past; the French and British occupations, for example. This brings an example of courage and leadership amongst the Egyptian people. However, current leaders are changing the country and it may not be for the best. Recent studies show that Machiavellianism is more common amongst younger and less-educated students in Egypt. Surprisingly, the study also shows that Machiavellianism is also more common among female students.
We need be weary of changing trends and variables in the economy to better predict future outcomes. As we now know Egypt has cultures that cross with present Western cultures on a daily basis. For example, while Egypt consumes three times more tea than coffee the country has recently welcomed the Starbucks chain stores to the beverage industry. With national tea consumption estimated at 42,000 tons per year and coffee consumption only around 14,000 tons per year during 2008; there can be little competition for Starbucks in terms of national demand.
The lesson here, however, is not the quantity, but rather the quality. To make productive use of one's resources one must find ways to lower cost of production and increase quality of the product while still maintaining a product that creates value for the consumer. This means if we create a really high quality product that no one wants to use we are just as unproductive as those creating low quality products that everyone wants, but at a higher cost of production.
The method here would then be to generate a workforce that influences and can manipulate the greater part of the population. This means Machiavellian marketers. Less scruples and more self-interest in personal gain and success makes for a highly driven individual amongst a sedentary population. The results can be evident in fahlawa (an Arabic word meaning cutting corners) amongst most small businesses in Egypt. Car parts are dealt in bone yards and residential sheds for tax evasion purposes. Consumer goods can be resold and restocked by less urban shops to keep overhead down. Proprietary methods are loosely protected by law and Government intervention is minimal.
No nation is free of inefficiencies in production, but future managers and CEO's will influence the way we work and prosper in the future. These are the students of today. The youth of the nation. The youth of Egypt (ages 20-35) is estimated to be 25% of the population as of 2008. This accounts for millions of Egyptians who may become the future managers and CEO's of the companies that will lead the nation's economy to either prosper or depression. Current trends indicate a modest outlook in successful productivity amongst major areas in Egypt's economy.
