Vision 2030 is just 18 years from now, but the question is, is vision 2030 a mirage or just a good plan on paper which is unattainable?
Kenya’s Vision 2030 will be unattainable and may end up being as worthless as a tissue paper which is used and flushed in the toilet if we do not Innovate, encourage creativity and reward hard work by all Kenyans from all sectors of our a growing economy.
Kenya’s Vision 2030 will not be attained if we collectively fail to fix our politics in order to attain a politically stable environment, tackle crime and insecurity, if we fail to systematically expose / punish corruption and impunity. If we do not as a matter of urgency strategically increase / harness environment-friendly energy sources: geo-thermal, wind and solar. Fix and expand our infrastructure: roads, rail system, telecommunication systems, expand / increase the capacities of our airfields, manage and effectively protect our natural capital (natural resources). Natural capital is among the five C’s that I need to just mention here albeit briefly.
For any business or economy to thrive there are Five C’s- Capital Model which forms a key framework for sustainability and they are: Natural Capital, Human Capital, Social Capital, Manufactured Capital and Financial Capital. We must understand the five C’s because many businesses / economies are struggling to understand the vast array of issues that they face and which are rapidly changing. Climate change, political upheavals, poverty, resource depletion, rising fuel prices, overfishing, a clogged and messy transport systems etc. Not only does the list seem to be growing but the items on it seem to get more complex and bewildering by the minute. That’s why a framework can be handy and provides a simple way of understanding the full range of seemingly unrelated and yet important subjects, which can be handy if you’re a busy person. These I will expound in great detail on my future articles. Continue checking this blog.
But even if all the afore-mentioned issues are addressed it doesn’t automatically guarantee Kenya into joining the league of Upper-middle-income economies ($3,946 to $12,195 Gross National Income per capita) such as Brazil and South Africa. To get to this level Kenya’s economy must grow at a rate of not less than 10% per annum in the next decade.
Innovation and creativity as exemplified in the ICT revolution and mobile-money, form part of the core areas of growth that we must focus on if our country is to become an economic powerhouse and is the reason why I have written this article. As a matter of fact Kenya has a more IT-savvy population as compared to its East African peers and we must use this advantage to spur growth in the EAC. Why can’t Nairobi become the “Silicon Valley” of East and Central African Countries?
We must innovate and come up with innovative / exciting solutions and products that solve our day to day problems. We must be creative in our businesses and encourage / reward hard work. Without creativity, innovation and hard work, our vision 2030 will only be as worthless as the many plans that continue to rust in dust in the government offices and will never see the light of day.
M-pesa, is an example of how innovation can be revolutionary as seen in how it has transformed people’s lives here in Kenya and globally. How many jobs have been created as a result of the innovation that is M-pesa? Hundreds of thousands if not millions. Remember that many local and International banks including Western Union have now embraced mobile-money / M-banking innovative solutions. But we must innovate something else, something new, something different.
What have you innovated as a person? Are you using your in-born ingenuity to make a positive change in your day-today work? How do you motivate your hardworking employees in your workplace? Must our Universities produce employment-dependent work-force which cannot come up with their own businesses? Is our education system/curriculum relevant to the 21st century? Suppose our colleges and universities taught students on how to be innovative from day one, how many of them would be tarmarcing today? What deliberate efforts is our government doing to harness / support the talented youths who are musicians, actors, sportsmen etc.
Innovation and creativity coupled with hard-work is priceless in creating more opportunities which means more jobs, less crime, less family / social conflicts and more products for export which eventually would increase our GDP.
Kenya’s growth is at a tipping point, but isn’t it time we have more of “Made in Kenya” products and less of “Made in China” ? Innovation is the central issue in entrepreneurship and economic prosperity
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