Surplus Theory of Development

Surplus Theory of Development

The development of nation or an individual or the family is possible only when if the surplus is generated. If spend every thing you earned you can not develop. This surplus is applicable in all the forms of resources.
Time Resource:
If all the time ou keep on working on the current assignement. You will not have time to think a fresh for new ideas or new products. Therefore one should always keep 10% of its resources as surplus for development issues.
Finance:
Similarly 10% of the financial resources are to be kept asside for R&D of the product or services or innovations.

Human Resources:
The human resources of any organization should keep asside their time for innovations & problem solving & creativity, then only they will grow professionaly resulting into the development of the organization.

This 10: 90 Formula is valid for all the resources.
The organizations who play with this proportion, they put their survival at stake,

Your comments are needed.

Dr S K Trivedi