I am worried that the main problems encountered in the boom and post boom have not been addressed.
Due to our human instinct to blame someone else most people have not looked at their behaviour during and after the Celtic Tiger era. The issues of over optimistic expectations, poor credit control, poor cost control, no savings, poor staff management, too high personal drawings and standard of living, no strategic planning and many more matters need to be corrected so that any future growth will be better handled.
These issues need to be tackled by both the Government and individuals or private enterprises.
Is there any strategy being planned so that future entrepreneurs/business people will be better educated or prepared?
I would also say that these poor practices were in the main encouraged by the example given by our government and the way they handled our affairs.
Due to our human instinct to blame someone else most people have not looked at their behaviour during and after the Celtic Tiger era. The issues of over optimistic expectations, poor credit control, poor cost control, no savings, poor staff management, too high personal drawings and standard of living, no strategic planning and many more matters need to be corrected so that any future growth will be better handled.
These issues need to be tackled by both the Government and individuals or private enterprises.
Is there any strategy being planned so that future entrepreneurs/business people will be better educated or prepared?
I would also say that these poor practices were in the main encouraged by the example given by our government and the way they handled our affairs.