McKinsey- Of High Fees & Novice Consultants? & learning from Bhutan

Courtesy: Blog of the Leader of the Opposition http://www.tsheringtobgay.com

March 04, 2010: Chhophyel, commenting on my previous post: “OL, I am glad that McKinsey’s proposal to liberalize tourist tariff is finally out the window.”

McKinsey and Company is charging the government 9.1 million dollars in consulting fees. Add to that travel, living, per diem and other expenses, and the final tab, by some estimates, could exceed 14 million dollars! That’s a lot of money.

So it’s amazing that we must feel a sense of relief every time their proposals get shot down. Their first proposal to go was about increasing annual tourist arrivals to 250,000. Then it was tourist tariff liberalization. Now their proposal to mandate all hotels catering to tourists to upgrade to at least a 3 Star category is already coming under attack. Continue reading McKinsey- Of High Fees & Novice Consultants? & learning from Bhutan

Why ‘Gross National Happiness’ (GNH)? Forget GDP

Bhutan Prime Minister Explains Metric of ‘Gross National Happiness’ : Forget gross national product. The prime minister of Bhutan says a nation should measure itself by its gross national happiness.

Jigmi Y. Thinley spoke about his country’s unusual metric to about 450 people in Low Rotunda during Columbia’s World Leaders Forum on Sept. 15. His was the first in the 2010-2011 series of forums and talks by world leaders at Columbia, a year-round event series that includes heads of state and global thought leaders from a variety of countries and fields.

Jigmi Y. Thinley, prime minister of Bhutan, spoke about gross national happiness at Columbia’s World Leaders Forum. (Image credit: Eileen Barroso/Columbia University)
Jigmi Y. Thinley, prime minister of Bhutan, spoke about gross national happiness at Columbia’s World Leaders Forum.

Image credit: Eileen Barroso/Columbia University

Bhutan, a Buddhist kingdom of about 700,000 nestled in the Himalayas between China and India, has adopted an unusual and complex system of measuring gross national happiness as an alternative to GNP, the common economic indicator that measures the sum of all goods and services produced by a nation.

Thinley said GNH is based on the belief that the purpose of development and the role of the state is to create a place where people can pursue what they aspire to most in life: happiness.

“It is a holistic development paradigm to make human society resilient,” said Thinley. “We are the only country so far that promotes happiness through deliberate public policy and action.” Continue reading Why ‘Gross National Happiness’ (GNH)? Forget GDP

Low volume is now low impact-But value stays high

Bhutan’s much lauded tourism policy, is not anymore “high value, low volume.” It’s now “high value, low impact.”

The “low impact” on culture and environment as the tourism council of Bhutan (TCB) calls,” has come at a time when the government has committed to increase the “volume” of tourists visiting Bhutan. In the next two years, it aims to bring in 100,000 tourists, which is about one-sixth of the country’s population.

For more than three decades, the policy of “low volume” has regulated tourist arrivals in the country. With that, it minimised the “impact” and brought in a “manageable” number that its limited infrastructure could support. Bhutan otherwise has no restriction on the number of tourists visiting. Continue reading Low volume is now low impact-But value stays high

Bhutan’s well-wisher & a guest of Bridge To Bhutan launches a book on Gross National Happiness (GNH)

“The Magic Of Gross National Happiness” book launch

At the launch: Unveiling the magic of GNH

Book Launch 11 September, 2010 – An American author who journeyed through Bhutan to explore what the mystical kingdom bore, was intrigued to find “The magic of gross national happiness” that soon translated into book.

This was the fifth book Doris Lee McCoy authored, which was launched at the Tarayana foundation conference hall yesterday.

Doris said people across the world were beginning to realise the importance of happiness.

“We have 26 happiness clubs in America,” she said.

Bhutan, she said, was the eighth happiest nation in the world, while America stood 23rd, Germany 35th, and England 41st. Continue reading Bhutan’s well-wisher & a guest of Bridge To Bhutan launches a book on Gross National Happiness (GNH)