Do our projects impact distribution of wealth.
From the Benefits with Risk Blog
by Vincent Guerard
Risks are all over your project, from the birth of the idea to completion. Maximize benefits with true risk management of your project.
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Have a look at this article “Technology has unveiled a troubling economic truth” from the World Economic Forum.
Some projects reveal the gap that is increasing some may contribute!
In the video, look at the gap between productivity and wage over time.
Posted on: December 03, 2017 10:42 AM |
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Comments (10)
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The WEF have never exactly been the bastions of truth, and they have their own agenda to push. The article reads not much different to a socialist call to action. While extreme or unjust disparities in wealth is a concern, I would stop short of creating the mindset that "distribution" initiatives must be put in place. People, groups, companies and even fat cats should be able to earn what they can legally without a ball and chain around their neck to assist the masses. That doesn't mean that programs such as charity, donations, and good old neighborly love can't chip in once in a while. That is a form of distribution that doesn't cost anything, is freely given, and doesn't steal (read as unfair government mandated wealth distribution methods) from thos entities that created the wealth in the first place.
Vincent Guerard
Coach - Trainer - Speaker - Advisor| Freelance
Mont-Royal, Quebec, Canada
Sante, thanks for sharing you views.
WEF might have a different agenda, in that it believe in more equality for our economic model to be sustainable.
I think some part would be interesting to further evaluate, new governance can be inspired.
Rami Kaibni
Community Champion
Senior Projects Manager | Field & Marten Associates
New Westminster, British Columbia, Canada
Interesting. To answer the title: It depends on the type and nature of the project.
Mansoor Mustafa
Senior PM| Government Department
Rawalpindi Punjab, Pakistan
Very good, thanks for sharing
Stéphane Parent
Self Employed / Semi-retired| Leader Maker
Prince Edward Island, Canada
The Internet has also helped skew the wage distribution. It used to be that an industry had to contain multiple companies that could be moderately profitable as there were very real constraints that prevented one company from running far ahead of the pack.
Now, it's not unusual to for a whole industry to be concentrated in the hands of a very few. People around the world no longer have to settle for good enough.
That creates a lot of profit in very few hands.
Vincent Guerard
Coach - Trainer - Speaker - Advisor| Freelance
Mont-Royal, Quebec, Canada
Rami, agree not all nature and type of project have an impact.
Vincent Guerard
Coach - Trainer - Speaker - Advisor| Freelance
Mont-Royal, Quebec, Canada
Stéphane,
Yes, some market condition are helping and we are also by our choice.
Outstanding post, Vincent. Related discussion on the ideas of impact investing in this two-part series right here on ProjectManagement.com:
Part 1:
https://www.projectmanagement.com/blog-post/34880/Beware-of-Robots-and-Millennials--Part-1-of-2-
Part 2:
https://www.projectmanagement.com/blog-post/34961/Beware-of-Robots-and-Millennials--Part-2-of-2-
Vincent Guerard
Coach - Trainer - Speaker - Advisor| Freelance
Mont-Royal, Quebec, Canada
Thanks Richard
Yes enjoy reading those two and some more of your blog post.
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