Events

Conference by Partha Gosh

Organization: FAE and MIT Portugal Program

Through a forward looking national strategy it is my firm belief that Portugal could uniquely sweat its soft and hard assets to lead the development of “next stage” industries in energy, health care and transportation systems industries. Portugal must consider defining ways to take advantage of the emerging phase shift the global economy is in the middle of. Indeed in the next 25 years the world economy will undergo profound changes which civilization has never experienced before. Industries and governments will need to reinvent the basic tenants of capitalism implying fundamental transformation of industry and economic models.

Particularly as the economies worldwide recover from the recession G7 countries have experienced since 2008, nations will need to develop the discipline to stimulate innovation, enhance productivity, and create financial stability. Leaderships of nations will need to learn how to balance the often contradictory demands of driving growth and providing economic stability through invention of new models of collaboration between business and governments, which Portugal must actively seek.

Particularly as the world shrinks and gets exposed to a higher level of economic and political turbulences, the resulting interactions between different human tendencies and inclinations will have profound impact on interpersonal relationships and ways companies do business across the globe. Significantly more softer elements of leadership will be important: - the values and beliefs of the corporation have to be strongly embedded in the decision making architecture of the enterprise so that mangers closer to where competitive games are played are fully empowered to be able to make quick and informed decisions. Only then will Portugal cultivate several brand names, as did Japan in the sixties, Korea in the eighties.

In that spirit, could Portugal rekindle the spirit of exploration the way it led the world from the 12th to 15th century, in creating new knowledge intensive industries in the 21st century? Portugal is small enough to begin the experiment of creating the new path, and big enough to be relevant model for the world. This spirit of the days of Vasco Da Gama need to be resurrected into making the nation Ideation or Knowledge navigation Economy.

Please sign up for the conference by sending your name and affiliation to This e-mail address is being protected from spambots. You need JavaScript enabled to view it

More about Partha Ghosh

Agenda

18h15: Opening
18h30: Rethinking Portugal: Strategic Opportunities Ahead, by Partha Ghosh
19h15: Questions
19h30: Port of Honor