"Signs of overheating," said IMF chief economist, Raghuram Rajan. "If the government doesn't do anything, the bubble becomes bigger," said Andy Xie, a Morgan Stanley economist in Hong Kong. What do business people in China think? A recent survey of business leaders in Hong Kong indicated that 62 percent believe the Chinese economy is in danger of overheating. This same survey reported that the biggest factor to CEO success in this hot business climate is "implementation/execution (getting it done)." It doesn't sound like "Ready, Fire, Aim." It sounds like "Fire, Fire, Fire."
We Like You, Too, David
Read what this Fast Company editor has to say about Tom. And the article that inspired David's comments, "Brand You Survival Kit," by Tom himself.
Are You Outsource-Proof?
Register for Tom's June 30 online seminar with Dan Pink, author of Free Agent Nation. Dan recently traveled to India to talk to the software programmers who are "stealing" U.S. jobs. Tom and Dan will join forces to offer a clear-eyed, hard-headed look at the most controversial business issue of our day: the offshoring of U.S. jobs to low-wage countries (Noon Eastern).
Tom’s Off-shoring Manifesto
Rant No.8 of 20: "For my future grandkids' sake, I relish the idea of billions of wealthy, relatively happy Indians and Chinese—rather than the idea of billions of impoverished people pissed off at wealthy Americans." Read more ...
“Most Valuable Resource”
Cool Friend: Steve Farber
Steve Farber is president of Extreme Leadership and a former member of the Tom Peters team. His new book, The Radical Leap: A Personal Lesson in Extreme Leadership, is a winner of Fast Company's Readers Choice Award. Read the interview here.
The Glass Cliff
Our leadership coach Michelle Rupp sent us this one from the BBC:
"Rather than women leaders causing poor company performance, poor company performance may lead to the appointment of women to positions of leadership."
According to the article, a big threat to women in leadership is the "glass cliff." In other words, "being promoted into risky, difficult jobs where the chances of failure are higher."
RSS vs. GREAT Content
This may be a heck of a cheeky post from a site that has yet to offer RSS (as many of you have cyberspanked us for), but I am curious about one thing and only one thing (at least at the moment). Will RSS really provide the average consumer BETTER content or simply more CONTENT? Will the blog phenomenon have to consolidate over time in order to have truly great blogs and reach masses of people? Or will blogging remain a truly important manifestation of web democratization for a relatively small, distinct group of users who likely will be on one side of the digital divide? For those of you wanting some info about RSS, please check out Webreference and xml.
Tom's new PBS documentary Re-imagine! Business Excellence in a Disruptive Age continues to air across the country. Check local listings, especially if you live in Cincinnati/Dayton (WPTO on June 2), Milwaukee (WMVS on June 2), San Francisco/Oakland/San Jose (KRCB on June 3) and Boston (WGBH on June 13).
Re-imagine Your Business
Are you overwhelmed by all the ideas Tom presents in his book Re-imagine!? Don't know quite where to start to apply them? Well, take a look at our new tool, the Re-imagine Scorecard! Designed initially as an exercise to complete after seeing Tom live, it helps you take a critical look at your own business and prioritize what would most benefit from Re-imagination. To get further ideas about how to use the Scorecard, contact the Tom Peters Company.