The world economy is fracturing into to two groups. Nations that use various forms of 'technology-based planning' and plan to aggressively seek out technologies to underpin and sustain 'competitiveness' and those that don't - this includes Australia

CHALLENGE - Nations such as China, Japan, Germany, South Korea, etc. all use various forms of 'Technology-Based Planning' (TBP) which is aggressively seek technologies to sustain and enhance their national ‘competitiveness'. These nations will out-perform and totally out-manoeuvre those nations that do not – including Australia.

SOLUTION - being ‘competitive’ as a nation is a fundamental prerequisite to the generation of ‘economic wealth’ via trade balancing, increased industrial capacity and job creation. This is the ONLY way for Australia to maintain its future standard of living in a highly competitive and resource constrained global economy is to drop its current approach based on ‘Finance-based Planning’ (see diagram) and adopt TBP but seek to do TBP faster and more effectively than competitor nations. TBP enabled by a nationally deployed information service will drive, via ‘symbiotic collaboration’, the alignment of its stock of resources – people, funds, R&D, etc. to achieve a national objective. This would to be to seek to more ‘competitive’ than national rivals.

OUTCOME – Aside from effectively aligning national policies and resources for the greater national good TBP will also increase the ‘competitiveness’ of all participating Australian businesses and other entities such as Universities, R&D, Incubators, etc. TBP will also generate superior outcomes for the national community in terms of a more effective national co-ordination of governments and a more effective allocation of public funds to deliver superior outcomes for the community with respect to housing, education, health, etc. (this capability addresses all the other topics).

Main idea image

Want to see this put into action?

Vote for this idea

Got an Idea to shape Australia's future?

Share your idea

Got an idea about reducing energy costs when prices keep going up? Or up-skilling workers when technology is threatening their jobs? Submit them here! Entries and voting close on 15 Dec.

Submit An Idea