Back at Keys

Folks,

I spent the last three weeks travelling in Europe for the holidays (Christmas in
Rome, New Years in Vienna, Orthodox Christmas in Moscow...) so it may seem I was
inattentive to the list... I am working through a backlog and will get caught
up in the next couple of days.

I think I've been lucky the last 30 years in this biz, but from all I can see,
the next 30 are going to be far better. Ah! So much to do! I can't wait to
get started.

John

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Peter Drucker Sets Us Straight

I just came across an interesting article ( linked at the bottom )
while at the library. Thought
this group might enjoy it; though you'll have to get a hold of the
magazine as
the site is subscription only.

The "copy & paste" of the points that struck me as particularly
interesting would go something like:

"...we import twice or three times as many jobs as we export."

"Wage cost is of primary importance for very few industries,..."

"..we have the highest proportion of our population in the workforce by
far than any other country in the industrialized world."

"The inefficiency of knowledge workers is partly the legacy...thank God,
we've discovered outsourcing,...we don't yet really know how
to do outsourcing well."

"The dominance of the U.S. is already over. What is emerging is a world
economy of blocs...There's no one center in this world economy.
India is becoming a powerhouse very fast.... In contrast, the greatest
weakness of China is its incredibly small proportion of educated people."

Enjoy,
Roman


----------------------------
http://www.fortune.com/fortune/investing/articles/0,15114,565912,00.html

Peter Drucker Sets Us Straight
The 94-year-old guru says that most people are thinking all wrong about
jobs, debt, globalization, and recession.
By Brent Schlender

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