China and your strategy
June 14th 2008 14:50
The Economist is a goldmine for facts and examples that you can use to start a speech. Numbers are powerful when you make a clear link to your audience.
For example, many business strategists are having to argue hard for the speed of change needed within their company's traditional management systems and investment models. One spotlight you can employ is historical perspective. Here's a way to use a recent story from The Economist ...
From Ancient Rome, to modern Britain -- investing in infrastructure has helped fast-track the world's greatest economies.
But, to quote the Economist: "Never before has infrastructure spending been so large as a share of world GDP ... China and others are investing at a much brisker pace than rich economies ever did."
The article points out: "Even at the peak of Britain's railway mania in the 1840s, total infrastructure investment was only around 5% of GDP... China is already spending around 12% of its GDP on infrastructure. Indeed, China has spent more (in real terms) in the past five years than in the whole of the 20th century."
From here, you can ask your audience: What does that pace of change mean for us, our clients, and our competitive landscape in the near future?
Picture is of Shanghai skyline is by Darknshadow from the Wikipedia article on Shanghai and used here under Creative Commons Attribution ShareAlike 2.0 License.
Economist article reviewed is from June 5th print edition -- Building BRICS of growth.
For example, many business strategists are having to argue hard for the speed of change needed within their company's traditional management systems and investment models. One spotlight you can employ is historical perspective. Here's a way to use a recent story from The Economist ...
China's rapidly rising infrastructure can make a powerful point about the speed and scale of change required in corporate strategy
From Ancient Rome, to modern Britain -- investing in infrastructure has helped fast-track the world's greatest economies.
But, to quote the Economist: "Never before has infrastructure spending been so large as a share of world GDP ... China and others are investing at a much brisker pace than rich economies ever did."
The article points out: "Even at the peak of Britain's railway mania in the 1840s, total infrastructure investment was only around 5% of GDP... China is already spending around 12% of its GDP on infrastructure. Indeed, China has spent more (in real terms) in the past five years than in the whole of the 20th century."
From here, you can ask your audience: What does that pace of change mean for us, our clients, and our competitive landscape in the near future?
Picture is of Shanghai skyline is by Darknshadow from the Wikipedia article on Shanghai and used here under Creative Commons Attribution ShareAlike 2.0 License.
Economist article reviewed is from June 5th print edition -- Building BRICS of growth.
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