Tag Archives: employment

THE FAILURE OF THE PRIVATE SECTOR IN GREECE

Dr. Periklis Gogas is an invited contributor to The Business Thinker magazine. He is a faculty member at Democritus University of Thrace, Greece, teaching Macroeconomics, Banking and Finance

For many years now in Greece, even before the recent fiscal crisis, the public sector and the government employees were targeted by Greek national media and the public as the source of many problems that clouded the country’s future. At the center of the debate there is always the myth of the “high” salaries paid in the public sector, the constitutional provision for the permanence of public servants and their alleged low productivity.  At the same time, many young people in Greece have as a career objective to work for the public sector. Continue reading

SUCCESSFULLY MANAGING THE SMALL BUSINESS ENTERPRISE

(Talk given at The President’s Forum, The College of Business, Eastern Michigan University)

During the past day and a half you have heard about a range of experiences and opportunities on the subject of entrepreneurism.

Naturally every entrepreneur wants his or her company to grow. Most of you here know, of course, that this process is not simply a matter of getting more business or accomplishing more sales every year. (I wish it were as simple as that!)

Management for growth is a complex process with many variables. It requires many changes – and much flexibility- along the way.

I can speak from personal experience as Chairman, President and Founder of J.P. Industries, Inc., which grew in just 10 years to become a Fortune 500 industrial company. Continue reading

Employment Growth

I am concerned about the factors that lead to employment growth, something that should be of vital interest to every person. Discussion about employment or business often focuses on the largest companies. I believe that we have not looked in depth at the relationship of company size to employment growth and value to the society as a whole. This relationship of size to value is an important one that is often distorted by mythology and misperceptions. Continue reading