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.
Lenovo Goes Global
July 3, 2014
Aug. 15, 2014–This has just been posted by Strategy + Business and will appear in its print edition soon. You also can see it at www.strategy-business.com. China’s most recognizable brand has plans to overtake Apple and Samsung. by William J. Holstein Lenovo technicians at work All photographs courtesy of Lenovo In the beginning, it was […]
How Companies Manage to Endure
July 2, 2014
Whether a company lasts for the long term or not depends on how top executives manage it every day: From Chief Executive magazine: The Secrets of Corporate Longevity In an age when Microsoft can pile up tens of billions in cash in a little more than two decades, one might well argue that firms should […]
What To Do About U.S. Companies Fleeing America
June 30, 2014
16 July 2014 – There’s a controversy over the number of U.S. companies that are merging with foreign entities and declaring that they are no longer U.S. companies for purposes of U.S. taxation. This is an old story I have been following for four decades. I first interviewed Dow Chemical CEO Carl Gerstacker in 1974. […]
The Intellectual Bankruptcy of Larry Summers
June 28, 2014
July 8, 2014–This is one of the most influential minds in the economics profession, writing in today’s Wall Street Journal. Yet Summers, the former secretary of the Treasury and a professor at Harvard, does not accept that manufacturing has a major role to play in America’s future. He says its decline is “inexorable.” Every other […]
The Real Reason the Export-Import Bank Should Be Scrapped
June 26, 2014
June 23, 2014–It’s been amusing watching the internecine warfare inside the Republican Party about the Export-Import Bank. The people who have tended to benefit from this bank’s loans have been CEOs in charge of large companies such as Boeing, Caterpiller and General Electric, who tend to support Republican causes. Now here come the Tea Party […]
Automotive News Quotes Me Again on GM
June 20, 2014
Poised Barra carries GM’s image on her shoulders As seen in Automotive News | April 1, 2014 by Lindsay Chappell More than one expert observer of Tuesday’s congressional examination noted that GM CEO Mary Barra received a more congenial interrogation than either of the Toyota executives who were called to Capitol Hill in 2010 over safety issues. As she […]