Thursday, November 10, 2016

KNOWLEDGE MANAGEMENT SPECIALIST MISSES THE POINT


Charles Dhewa, a “knowledge management” specialist in Zimbabwe posts (10th  November) in The Herald HERE 
“How agric markets reveal hidden characters”
“Unfortunately, farmers and other value chain actors who are not aware of these dynamics, always blame buyers yet there is an invisible hand influencing paterns and relationships
COMMENT
In this closely argued piece Charles Dhewa describes in minute detail, how Zimbabwe’s multiple produce agri-business operates thoughout the year and across many products, regions and evironmental circumstances. 
In short: a typical muti-product, multi-phased, multi-influenced, varying prouct market with varying lead-times, environmentally affected production processes dominated by uncertain outcomes for individuals trying to make a living out of it.
He asserts that it is all down to “an invisible hand” … without telling his readers what such an improbable entity actually does.
No!

Its all down to visible prices that operate close to selling/ purchasing events, usually long after risky production decisions with limited scope for storage, have (or can), been made.

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