Enterprise Solutions to Strategic Initiative to Global Poverty: Economic Implication and Solutions

53 Pages Posted: 13 May 2011

See all articles by Gerald C. Ogbuja

Gerald C. Ogbuja

University of Texas - Harris County Psychiatric Center

Date Written: May 11, 2011

Abstract

Every day of the week, and every month of the year, thousands of hungry people lie flat and remain forgotten on the street as they sleep amid acres of rotting food, scary environment, as they encounter harsh climatic weather conditions in the vast urban and rural dumping ground of our cities. At dawn as Emmons (2007) would say, “they rise above creative tragedies and swamps across a featureless landscape of trash and filth, hunting for scraps of anything they can smell, eat or sell.” This is what poverty is all about. It is what poverty has done to people anywhere and everywhere. This is how poverty and hunger affects human lives and society. Hunger and poverty always stole upon people slowly that at first they are unaware of what hunger really meant and what suffering have done to their dignity and self-image. Poverty or hunger no matter the form they take have always cause people to become angry, compelled them to beg for sustenance, where they surrender for less in the midst of plenty and abundance. Poverty is the condition of lacking basic human needs such as: nutrition, clean water, healthcare, clothing and shelter because of society inability to offer them (Global Competitiveness Report 2006). As a result, global poverty is one of the most trifling challenges of our time; one that organizational scholarship can help address (Pearce, 2005). So many issues of global concern as related to poverty have been discussed at different times at the world Economic forum. Many of humanity’s concern today have been discussed at the United Nation’s millennium development forum. At each of these amazing summits and sessions, world leaders and financial strategists have always committed themselves to cutting down by half the year 2015 the number of people living in extreme poverty – people whose income is less than one dollar a day. Often, it has been discussed in the international day for the eradication of poverty or in the millennium conferences or economic forum. The world Economic Forum was founded on this premise with the idea of bringing business together with stakeholders in the belief that common challenges could only be resolved together. This forum was merely established 40 years ago as a way to increase global cooperation as vital for economic recovery and renewal, and in removing barriers to global and economic success. Global economic forum has as its theme nine remarkable global redesigned initiatives:

1. creating a value framework

2. Building sustained Economic Growth

3. Strengthening the international Monetary and financial systems

4. Creating Employment, Eradicating poverty and improving social welfare

5. Managing and mitigating Global risks

6. Ensuring Global security

7. Ensuring sustainability and finally

8. Building Effective Institutions in an Empowered society

These nine roles have always enhanced global entrepreneurships at all times and at all levels. Some entrepreneurs or financial kingpins we know are powerful force to global economic change. For Hilary Rodham Clinton, “Entrepreneurship is a way of looking at the world and seeing not just obstacles, but opportunities; not just the world as it is, but the world as it could be, and then having the confidence, the determination, and the resources to move those worlds closer together.” These powerful words gave historic meaning and importance to Executive assertiveness in matter of poverty alleviation and in matters of human right struggles.

Keywords: poverty, economic initiatives, strategic financial alleviation and economic solution and eradication

Suggested Citation

Ogbuja, Gerald C., Enterprise Solutions to Strategic Initiative to Global Poverty: Economic Implication and Solutions (May 11, 2011). Available at SSRN: https://ssrn.com/abstract=1838695 or http://dx.doi.org/10.2139/ssrn.1838695

Gerald C. Ogbuja (Contact Author)

University of Texas - Harris County Psychiatric Center ( email )

2800 S. Macgregor Way, Houston, TX 77021
Aldine ISD 14910 Aldine Westfield Rd
Houston, TX 77032
United States
8328782126 (Self) (Phone)

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