Recently in Globalization Category

A nice story from the World Bank blog about a grass-roots organization's efforts to stop petty corruption in India and around the world:

...the idea was first conceived by an Indian physics professor at the University of Maryland, who, in his travels around India, realized how widespread bribery was and wanted to do something about it. He came up with the idea of printing zero-denomination notes and handing them out to officials whenever he was asked for kickbacks as a way to show his resistance. Anand took this idea further: to print them en masse, widely publicize them, and give them out to the Indian people. He thought these notes would be a way to get people to show their disapproval of public service delivery dependent on bribes. The notes did just that. The first batch of 25,000 notes were met with such demand that 5th Pillar has ended up distributing one million zero-rupee notes to date since it began this initiative. Along the way, the organization has collected many stories from people using them to successfully resist engaging in bribery.

I like it. Now let's send some "zero dollars" to the Famous Five justices Supreme Court, the Blue-Dog Democrats, and the entire Republican party.

No excuses.

First Tylenol, now Toyota. Same old story. Silence is not damage control.

Now the NHTSA is looking at the pedal maker. There must be a way to check the electronics - some way to look at the log files, perhaps?

Note that both companies are blaming their suppliers.

Is this the result of in-house PR?

Orville Schell's portrait of a Nation that says "No, We Can't".

Somehow, I think that the US still offers the world the best way forward.

Yes, despite the lobbyists and the money-grubbing pirates in high office, there is still hope.

Don't give in, America.

Go Google, Go!

It's time. The Chinese government never has any qualms about "doing evil," so it's good to see Google stand up for some principles.

What a wonderful world. While you were wrapping Christmas presents, China decided to lock up Liu Xiaobo and throw away the key.

Xiaobo's crime?  He drafted Charter 08, which demands the open election of public officials, freedom of religion and expression, and the abolition of subversion laws.

His wife's cell phone mysteriously stopped working so she could not be reached by the press. Nice touch.

If this is how the New China plays the world, it looks too much like the Old China.

We need a new strategy to deal with this kind of stupidity. Obama can start by inviting the Dalai Lama to the White House.

If you haven’t heard about free2work.org, you will. This is part of a growing explosion of consumer-education organizations dedicated to exposing “worst practices” among multinationals.

The hope is that if consumers know what is going on, they will vote with their purchasing power and seek out the companies that are doing good. I’m all for it. Who wouldn’t be? Oh, I forgot about the US Chamber of Commerce…

On the academic side of things, we see the same story emerging:

Rosabeth Moss Kanter’s latest book, SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good argues that “the model of American capitalism that worked so well to raise the fortunes of millions of people last century appears to have hit a wall. What’s good for General Motors may no longer be good for the country. In its place must arise a new model of the company, one that serves society as well as rewarding shareholders and employees.”

Maybe Doug Smith was just a little ahead of the times when he wrote On Value and Values: Thinking Differently About We in an Age of Me - which to me is still the best book in this space.

Phil Townsend wonders why GE hasn't opened up it's Reverse Innovation model in his post: Opening up Reverse Innovation >>

Townsend makes a good point:

So why can't a company like GE follow down this path with "open reverse innovation" - inviting small companies in India and China to submit their products, services and ideas to be evaluated by GE for global distribution.  Of course, the open model would require an environment of trust - but what better way to create goodwill in new markets than to be seen as a development partner in the China, India, and resource-starved Africa?  A.G. Lafley sits on GE's board; surely he could help them get started.

American style management has been under some considerable stress these last few years. Now the nerds at Bain have some advice for the CEO. Apparently there are six dilemmas CEOs must face and - surprise! Bain has uncovered six strategies to help the CEO manage these dilemmas. Check out the cool diagram below:

I personally think the CEOs would be better off following VG's 3 box strategy and executing on it.  This other stuff is fine, but it doesn't seem to be the stuff of great leadership. Nowhere do we see anything about creating great products or obsessing over your customers or sustainability.  I bet Steve Jobs and Jeff Bezos do not manage their companies this way.

VG has touched a chord with this article in Harvard Business Review. 

To me, this is just the first step to being truly global (as they say at Thunderbird). With business commitments at a local level, social commitments will surely follow. 

Now let's see some "ecomagination" in action and build portable solar/wind electrical generators for off-grid villages at an affordable price-point. Right, Bob?

I wonder what the late Peter Drucker would have said about Michael Moore’s Capitalism: A Love Story?

I think he’d be very sympathetic. Drucker’s disillusionment with the level of executive greed he saw and we see today makes it very likely that he’d be a supportive fan.

And here’s an interesting quote from the man himself:

The leader cannot act in his own interests.It must be the in the interests of the customer and the worker. This is the great weakness of American management today.

[from A Class with Drucker: The Lost Lessons of the World’s Greatest Management Teacher, William A. Cohen, AMACOM 2008]

When results are poor, executives don’t deserve bonuses, right Peter?

Michael Moore is serious, and most of all, he's right.

It's time for Capitalism 2.0. Let's get some True Democracy going.

Vijay Govindarajan's Innovation Quarterly is now open to subscribers.

It's free, and it's going to be good.

Sign up if you're interested in how innovation works.

Disclosure: VG truly is one of the sharpest minds in the business world, and I'm privileged to work on his newsletter!

I know we are entreprenurial geeks, but this is a staggering statistic:

Though Indians make up barely half a percent of the U.S. population, between 1995 and 2005, they founded more than 15 percent of all the startups in the greatest technological center (Silicon Valley) the world has ever known.

Read all about it >>

How long must we sing this song?

John Hagel on CNBC [the video embed code is faulty and doesn't work] >>

Watch the short CNBC video, and come back to read the full report here >>

What's the business value of democracy?

Finally, the real value of Twitter revealed>>

“We’ve been struck by the amount of video and eyewitness testimony,” said Jon Williams, the BBC world news editor. “The days when regimes can control the flow of information are over.”

Hope takes to the street:

Get the big picture >>

This is very moving - the faint twitter of Democracy in Iran.

The question: is this going to be another Tiananmen Square? Or is there hope for a middle-eastern Wenceslas Square?

Ahmadinejad, you have lost the election and your soul.

The extremists seem to have taken over Israel's soul.

Watch >>

Tragic blindness.

Max Blumenthal says about his video:

I hope those who have watched it, especially those predisposed to dismiss it as anti-Israel propaganda or shock video with “no news value,” will at least ask how vitriolic levels of racism are able to flow through the streets of Jerusalem like sewage, why the grandsons of Holocaust survivors feel compelled to offer the Shoah as justification to behave like fascist street thugs, and how the sons and daughters of successful Jewish American families casually merged Zionist cant with crude white supremacism. The willful avoidance of these painful questions by self-proclaimed supporters of Israel is setting the stage for the complete delegitimization of the country they claim to love. As Obama said, “any world order that elevates one nation or group of people over another will inevitably fail. So whatever we think of the past, we must not be prisoners of it.”

And on top of this we have morons like Rupert Murdoch.

On the other side, we have the moving story of Josh Lipsky and his trip to Buchenwald.

I see how easy it is to use hate to unite people - the Christian fundamentalists, white supremacists, Jewish settlers, Zionists, Hamas, Taliban, Al-Qaeda - flip sides of the currency of terror.

The world is not against you, Israel. You are against you.

Hat-tips to Dera and Steven for sending me these stories.

Never, never, never, never. Never will we forget this anonymous hero.

When China does get democracy one day, they will build a statue for him at the very spot in Tiananmen Square.

Global warming greatly exaggerated?

What's wrong with Freeman Dyson?

Maybe the climate models he's criticizing are off - but perhaps he hasn't seen the pine beetle destruction across North America - all the way from British Columbia to New Mexico. Perhaps he hasn't seen the dry, hot weather across California. Perhaps he hasn't seen the melting Glaciers in Glacier National Park. Perhaps he hasn't seen the mild winters in the Rockies. Perhaps he hasn't gotten out of his air-conditioned office...

This is what happens when you get too smart. I agree with his principal point - that PhDs are, for the most part, a bunch of nerds who are too busy examining parts of the elephant to see the animal itself. I even agree that we are not spending enough time working on poverty, infectious diseases, public education and public health. But to say that global warming is somehow less important misses the entire point. Of course they are all related. Of course we have to become radically more serious about sustainable development. But too say something this absurd? Really.

Here's where I do find myself agreeing with him:

I say the United States has less than a century left of its turn as top nation. Since the modern nation-state was invented, about the year 1500, a succession of countries have taken turns as top nation. First it was Spain, then France, then and Britain, than America. Each term lasted about 150 years. Ours began in 1920 so it should end about 2070.

I agree with his analysis as well:

The reason why each top nation's term comes to an end is that the top nation becomes overextended militarily, economically and politically. Greater and greater efforts are required to maintain the number one position. Finally, the overextension becomes so extreme that the whole structure collapses. Already we can see in the American posture today some clear symptoms of overextension.

But here's where he's missed the boat: the two are connected. If the United States decides to re-invent itself as a sustainable economy, it will lead for another 200 years, period. That is what Obama and Gore have figured out already, but somehow, this smart heretic has not connected the dots.