The Third Journal

Business under BOP conditions: A theatre approach

Business under BOP conditions: A theatre approach

In the long arc of time, there have been many forms of business and marketingstarting with pure and unadulterated sales to organised marketing (and sales) and then to relationships and direct-from-the-web and from mail orders to Omni-channels – as is being currently contemplated. As human societies become progressively more conscious about the underlying traits and characteristics of human actions and, consequently of human interactions, the ideas associated with business and marketing have evolved commensurately.

Jung and Freud both have contributed greatly to the understanding of human buying behaviours and patterns arising thereof. But in the emergent fiasco of lifting the flood of information, there is an increasing tendency to specialise insights into specific buying behaviours into compartmentalised visions of the future. With the advent of the era of information technology and 4IR – what appears to have dropped out of focus is a comprehensive and strategic approach towards conceptualising and executing business decisions in the milieu of a wider and deeper array of the strategic sphere. Subject matter over-specialisations have contributed to a fragmentation of the business mind instead of articulating a more coherent vision in line with the foundational constructs underwriting the business environment. When we look at the more prominent failures and follies of even the more advanced markets, and the often-irrational behaviours of the markets themselves, we see a serious dearth of a deeper assessment of the foundations of the ecosystem sustaining the individual businesses or for that matter necessitating the existence of the markets themselves.

Dr. Syed Muntasir Mamun

Director General, International Trade,
Investment & Technology, ICT; Chief
Innovation Officer, Ministry of Foreign
Affairs, Bangladesh.

About Author
Director General, International Trade,
Investment & Technology, ICT; Chief
Innovation Officer, Ministry of Foreign
Affairs, Bangladesh.
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