China, Emerging Markets Can’t Fill US Shoes

Very interesting article, in light of all the buzz around China and other similar emerging markets.

From Bloomberg: China, Emerging Markets Can’t Fill U.S. Shoes

Some key thoughts that struck me:

A Long Time Ago Is Last Year

Nowadays, a long time ago is last year. That is how fast things are changing.
~ Datuk Nazir Razak, CIMB Group Chief Executive

People Read What Interests Them. Sometimes, It’s An Ad

“The real fact of the matter is that nobody reads ads. People read what interests them. Sometimes it’s an ad.” ~ Howard Gossage

Michael Eisner, Disney CEO, on “Brand”

“A brand is a living entity – and it is enriched or undermined cumulatively over time, the product of a thousand small gestures” - Michael Eisner, CEO Disney

Three Obstacles To A Innovative, Evolving & Ever-Effective Management Culture

From Gary Hamel’s “The Future of Management” via Brand Autopsy:

Hamel suggests there are three obstacles for why businesses fail in creating a management culture that is innovative, evolving, and ever-effective:

Creating the Inspiration (Part 1) by Gordon Quick

Got this via Fast Company:

Are vision statements really necessary? Does anyone really take them seriously? If the majority of vision statements are any indication, the answer to both questions is no. But are these companies missing something?

Paul was very direct: “All the vision statements I’ve ever seen are worthless. Just go on any company website and read theirs — it’s all fluff.” When I agreed wholeheartedly with him, he roared back — “So why are we talking about a vision statement?” My response was equally direct: “Just because most companies don’t understand the purpose of a vision statement, or don’t take the time to craft a meaningful one, it doesn’t mean that they aren’t useful when properly done.”