Blog
I believe the most important thing Americans must do is to secure their economic well-being in an increasingly challenging, complex world. What I have written about all these years is the process of creating wealth, not for any one individual, but for the United States as a whole. Ever since I was a young correspondent witnessing the emergence of China after the country opened in 1979, I’ve believed we have to get more serious about creating wealth. I retain faith in the resiliency of the U.S. economy and the enterprise of American people. If Americans have the right strategies, we can once again create widespread wealth. Come with me on this journey.
Does Donald Trump Know? Almost Half the Cars Sold in the U.S. Were Made Somewhere Else
January 8, 2017
The Trumpster is having fun attacking Ford Motor and Toyota for plans to build plants in Mexico. But does he have any idea that almost half the cars sold in the United States were made in other countries? It would take decades to change the fundamental pattern of how the global auto industry has organized […]
The Myth of Jobs Returning From China
January 5, 2017
President-elect Trump and fellow travelers are beating the drum to take American jobs back from China. Unbeknownst to them, some CEOs already are doing that. But the jobs that are coming back are different from the ones that left, according to my research on the subject. There are two related patterns. One is that if […]
My latest take on “driverless” vehicles
January 3, 2017
This appeared in the pages of Korn Ferry’s thought leadership magazine called Briefings, a new client.
Baby Boomer CEOs: How Can They Dismount The Tiger?
December 8, 2016
Baby Boomer CEOs Face One Last Professional Challenge: Do they sell their companies or hand them over to their children?
How the world is building technology clusters
December 7, 2016
States, regions and nations are pursuing different methods to create industry “clusters,” concentrations of one-industry, technology-based economic activity that spawn innovative startups, attract private investments and give an entire area an economic boost. By William J. Holstein South Korea is trying to do it in Daejeon and in Gyeonggi province. France is working on it […]
If Best Buy Can’t Deliver a Dishwasher, How Can It Be Having a “Turnaround?”
November 18, 2016
Bully for Best Buy, which is reporting increased earnings in its most recent quarter thanks to gains in online sales. The Wall Street Journal says it is a “stark change” from just four years ago, when the retailer was struggling with plunging sales and dwindling profits. The stock price is up more than 50 percent […]
