At the risk of sounding like an old fuddy-duddy, I predict that as we continue to crawl out of this recession through 2011, we will see a return to the fundamentals in the corporate world.
What I mean is by this is a return to values based management; a rebirth of corporate and social responsibility; a renewed focus on sustainable growth versus quick profits; a resurrection of the bias for employee development over cost cutting; and perhaps most exciting of all, a resurgence of customer care and great service!
Do I think this will happen in companies across the board? Of course not! That would be naive and wishful thinking. But it will happen for those with leaders bright enough to learn from the lesson of the past, brave enough to bring back what was good and strong enough to always take the high road as they move forward.
That's my prediction. What's yours?
All the very best in 2011!
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Hi Jim
ReplyDeleteThanks for all your great "stuff!"
All the best to you & your family in 2011!
Al
Happy New Year & all the best, Jim!
ReplyDeletePraveen
Jim
ReplyDeleteInteresting prediction for 2011 – that would be good to see, actually. Looking forward to seeing the reality come true as the year unfolds.
Anne Marie
Hi Jim!
ReplyDeleteI wonder how many of those type of leaders still exist?
Rick
Happy New Year Jim. Wishing you all the best for health and good fortune in 2011!
ReplyDeleteI somewhat share your view on the corporate outlook. However, the weak area is the US Banking system (particularly Investment Banks) where I see no evidence at all they will return (?) to more conservative, values based business models. There is simply too much profit to be had practicing financial "engineering" as opposed to supporting/feeding real commercial enterprise. And to ever be sustainably healthy, their residential mortgage market needs to see fundamental change to the basics, such as, no tax deduction of interest, maximum % bank financing without CMHC type insurance up front etc. On this latter point, I can't help but recall early HFC days when their mortgage "experts" were poking fun at us for our "unsophisticated" mortgage lending practices.
best
jeff
James, my boy,
ReplyDeleteBrilliant marketing.You are JUST the fellow to help corporates both identify and practise the values espoused.
Shall I send you a list of ALL the companies that need your help in UK? The lists begins at A and ends with Z. By the way that is zed, and not zee.
HNY to you all
Ray