I recently hopped around the world--New York to Bangkok to Frankfurt and back home. This gave me the opportunity to get a snapshot of the world. Over the course of just eight days I got to interact with managers from every major country on the globe. Here are four I learned.
There are many stunning moments in the documentary "Inside Job," which brilliantly demystifies the story behind the global financial crisis. For me, the most powerful was something the CEO of a large bank said to his fellow guests at a party held by Treasury Secretary Henry Paulson. "We can't control our greed," the CEO acknowledged. "You should regulate us more."
For the next few days I plan to explore what I am calling the Age of Involvement: the role of participation in an information society and how it leads to an expanded view of our economy. I am not an economist and have never studied economics. I am approaching this as someone who believes that innovation is redefining everything around us, including the ways that we measure human achievement. For those who do understand economics I apologize for the inevitable naiveties represented here but I hope there is enough of interest to stimulate a conversation.
Microsoft's cost-cutting move of slashing 5,000 jobs has attracted the attention of Republican senator Charles Grassley from Iowa. He wrote to CEO Steve Ballmer about the job losses, specifically concerned that, "Microsoft will be retaining foreign guest workers rather than similarly qualified American employees when it implements its layoff plan."