In this video clip, the editor of one of China’s largest and most outspoken newspapers highlights how China will win Trump’s trade war. As a passionate supporter of globalism and open markets, I’m alarmed that Trump’s interventions will reduce global trade (according to IMF forecasts). Trump needs to address US industrial investment, national skills and productivity. Under Trump, US corporations are more incentivized to return money to shareholders than fund new facilities in the US. The economic cost of reversing the decline of US manufacturing would be enormous. To increase US competitiveness, policymakers must address the economic consequences of obesity and addiction – both alcohol and drugs. Views?
This article by top strategy consultancy, BCG was rather disappointing. Perhaps it will encourage more UK government departments to spend GBP5,000 a day for the services of consultants? My observations are simple. The business administration literature contains enormous top quality analysis on ‘turnarounds’ and ‘business strategy‘. Sadly, these terms get over-used by unemployed executives, who want to sprinkle their CVs with buzz words to gain ‘hits’ on automated recruitment analytics. Like always, look to the evidence. People like John Gelmini and myself have decades of experience in delivering effective strategic change, including turnarounds. Thoughts?