Virtually no other modern military campaign has provoked such controversy as the Gallipoli campaign in World War I. A daring tactical experiment in an exotic locale; a dramatic, unexpected defeat for the Entente forces with tremendous casualties on both sides: Gallipoli was all of this and more. What seemed at the time an irreconcilable disaster for Churchill's Admiralty was, in the light of subsequent events, very worthwhile. Alan Moorehead writes "Gallipoli was a mine of information on the complexities of the modern manoeuvres, of the combined operations of the mind and muscle; and the correction of the errors made then was the basis of the victory later in 1945. The next time...Churchill got it right." In Pakistan, with the long march finally concluded and happily with the judiciary freed, it is in this context that the governing coalition should look upon the recent events - Not to repeat the errors of governance made in their first year in order to look for victory when they approach the polls in 2013 In the meantime, we are witnessing one of the most serious and dangerous economic crises in Pakistan where thus far the government's economic strategy vis-a-vis taming of the inflation seems stuttering, domestic production and productivity falling, un-employment fast rising and any prospects of near-term growth appearing grim. Among the possible outcomes of these challenges are: massive and prolonged fiscal deficits accompanied by large external deficits, depressed demand leading to shrunk economic activity, a brutal struggle to balance payments with revenue generation, further pressure on the Pak Rupee and a disastrous loss of market share in a global marketplace that is becoming increasingly protectionist by each passing day (meaning sales once lost will be difficult to recapture). If this government is even going to figure out on how to fix what's wrong, it should start with the most elementary management principle: Pick good people and set the right priorities. The advice applies whether you are running a company or a country. You succeed or fail based on your team. If you want to succeed, you have got to have a group of people that knows what they are doing. I came across this paragraph in a book I read recently and trust no one could have phrased this point better, "If the CEO of a corporation chose his department heads based on the system of paybacks we often see in government, he would be called on the carpet. I can imagine myself trying to explain to the Chrysler board, Yeah, I realize that Joe has never built a car, but he helped me get a sweet mortgage rate on my home. You may chuckle, but do you realize how much of our government is run by cronies? When the future of our country is at stake, it is not the time for paybacks." ~ Lee Iacocca (Where Have All The Leaders Gone?). Today we need a new industrial dream like the one we had back in the 60s. A dream that not only encompasses the desires of present day entrepreneurs, but also the hopes and aspirations of future generations. The problem is that one cannot somehow think of the present day political leadership articulating such a dream and nor has anyone recently made one feel excited about the possibilities that are in store for our children and grandchildren. If Pakistan has to progress and develop meaningfully where the masses also equitably prosper in the growth of national wealth, we have to get down to the business of figuring out on how to strengthen our homegrown industries and make them sharp and globally competitive. In Japan, China, India and Bangladesh, they protect their industries to a 'fault'. Can't we even make an effort to meet each other in the middle for the good of the nation? This does not, by any stretch of imagination, mean 'bailouts'. Support basically refers to the government understanding that it has a stake in the success of industry in Pakistan and agreeing that it has an obligation to help level the playing field. Leadership in industry means knowing when corporate policy ends and public policy begins. Companies are not separate entities from the government and unless all stakeholders start playing their part in the recovery of our manufacturing sector the desired economic results are not likely to come through any time soon