Thursday 8 December 2016

Capital needs an elected mayor to act as a playmaker in the economic World Cup

Published 02/07/2014 | 02:30

'We need someone pulling the strings, setting out the vision'
'We need someone pulling the strings, setting out the vision'

Ireland is involved in a competitive fight with the rest of the world, for every piece of business, all day, 24/7 in every market. Unless we appreciate this, we will not create the right environment to foster companies that can design products that are good enough to sell for a profit.

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Watching the World Cup made me think of how similar global economics is to sport. If you want to compete with the best, you have to aspire to be the best. The teams that progress are playing the game at an intensity rarely seen before, but it is not just about intensity and fitness levels, it's also about creativity, guile and subtlety. It is about playing to your strengths and preventing the opposition playing to theirs.

Companies are involved in a similar struggle and so, too, are you. If you are not aspiring to be the best at what you do, a combination of technology and competition will cut you down. The same goes for companies and, ultimately, for countries, regions and cities.

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