Start of a New Year so time to get a tad introspective. Loved both these posts which were as thought-provoking as they are inspiring.
- Tomorrow will not be like yesterday. This is no mere recession: it’s a tectonic global shift in savings, consumption, and investment. Today’s macropocalypse is a rupture in the global economic fabric – and the next half-decade will be spent reweaving it.
- 20th century business isn’t fit for 21st century economics.
- Tomorrow’s market leaders have new DNA.They are organized and managed according to new rules; and it is those new rules that make the difference between surviving – and thriving in – the macropocalypse, or being vaporized by it.
Then this one from Tim: Work On Stuff That Matters…. I especially like the idea of creating more value than you capture… “At O’Reilly, we always say “Create more value than you capture.” All successful companies do this. Once they start capturing more value than they create, their market position erodes, and someone displaces them. It may take a while but it happens eventually.”