Thursday, October 29, 2009

The Ugly Truth

It amazed me when i turned to page 26 of Forbes (34), and I read about the world's biggest companies: Creative Destruction. Stated there that the well known-greatest-industry player was facing downhill. As we know, in early 21'st century, Japan and US were the most influential, productive and outstanding countries in the world wide. It turned out,they became the big losers when most of their gigantic and famous companies showed a tremendous drop in companies rank. Whilst, the big winners are China and India! Wow! amazing right? No wonder Timothy Dattels who oversees Asia for private-equity firm TPG Capital predicts that, "by 2020, over half of the world's biggest companies on your list will be from China and India combined". Does the numbers of human population contributed to the risen of China and India's companies? Not really, right? From my opinion, maybe in human labor, it's a yes, but a succesfull company relies to its main brain, the top management. They managed to put the the innovation secret weapon to their winning strategy. Maybe, and i can say that Us and Japan a little bit exhausted in using their creativity to achieve the goals and then the competitive values becomes faded by years.

So, I think American and Japanese people should start eating lots of vegetables and drinks more goat's milk as Indian and Chinese do in order to produce innovation and reach their old glorious! =)

No comments:

Post a Comment