Global competitiveness rankings – another letdown

Global competitiveness rankings – another letdown

yes, 24 is not a bad rankings, but i am more concerned about the sliding of positions rahter than positions per se.

Position is of course important. If it is 90 or 100, then it will be a mammoth task to catch up and almost impossible to reach the top quarter.

But having being in the top quarter, but sliping from 17 to 21 and then to 24 this year, it means that something is seriously worng. and the downward momentum may carry us down to 30 soon if things are not corrected.

It is like a company, with its profits margins getting smaller and smaller.. A company previously in the red but now improving and start getting into black may have more potential than a company that sees its profits decreasing year on year on year. (china is one such example, its competitiveness is increasing, and even though it is still lower than Malaysia, you can expect it to go higher and higher until it overtakes us some point in future… same as Vietnam, and thailand, and who knows, maybe Indonesia too).

Just like our universities. MU was within the first 100, but its positions slipped down year on year, and soon it is no longer in the top 100 and now, I do not even know where it is …. is it outside top 200???

In investments, to lose 500 from 1000 is losing 50%, but to gain from 500 to 1000, you need to gain 100%… So once it is down, it is not so easy to go up again….


Source: hsudarren.wordpress.com

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