
As I watch the news lately I can't help but wonder if we are seeing the end of an era, the end of a system pushed too far, too long, sustained by over the board greed.
Fannie Mae, Freddie Mac, Merill Lynch, Lehman Bros, AIG, going under. GM, Ford, Chrysler along the rest of the economy coming to a crawl. What next? Capitalism turns social corporate in ways of private company government loans? That's not what I was taught at school and why do we make fun of Europe and Asia when they do that? Could it be our turn to have a humility lesson? To watch these so called leaders responsible for acts that defy any business sense, watch them see how far they can push the envelop to only get a slap on the wrist, fired with a severance check that could keep a middle class family alive for decades, it's hard to not wonder what is going on watching this. What is a CEO of a big company's motivation to do good if they know they will get, at worse a huge severance check? It almost feels as if the ceiling is falling down.
As I listen to my European friends tell me they are experiencing the same sort of thing there, one thing doesn't change, how hopeless politicians are. I don't think they are all hopeless on their own, but once together on their team, the results are mediocre at best. As I watch one candidate hail changes and another trying to look like your everyday Joe, I can't help but ask, is this what we want? What do we want? Do we need yet another high school popularity contest? What I want to know is who will be secretary of defense, interior, economy, not the main figure. Who are the people who will take care of the day-to-day leadership for this country? All I see are two people with their running mates. Hardly a credible team for my questions.
We are certainly living one of the most important time of history. We are on brink of witnessing an old school system collapsing while another has taken roots already. As I watch mainstream Detroit auto makers waddle through a mess they not only created but that has spilled onto the economy, to a certain extent, I am dumbfounded how they can ask the government for more money in order to be more competitive in order to sell people more cars and make a profit on the same people who paid taxes in the beginning that helped those companies. Who feeding who? Pfew, you have to have gull to ask for this with a straight face and talk about letting other countries outsell you. Well, if those they hadn't ducked their heads in the sand and watch other countries take over their market shares over decades, maybe we wouldn't be here.
It's fascinating to see how the old school boys are fretting. What is completely fascinating is seeing new school people emerging left and right, strategically partnering, forming alliances across borders while the big, heavy, bloated and clumsy old boys club scrambles for assistance. There is no easy way out for them, short of innovation, modern thinking and a vision… but not just their vision, a vision that fits what is happening right now.
For the last decade or so, we have seen two business model. Let's call them the Microsofts and the Googles of this world. One is market share based, domineering, little vision about the future outside of its market share wishes. The other is on the prowl, always looking, thinking outside the box. One is working hand in hand with web 2.0. Web 2.0, a world of interconnecting different services over the Internet. The other is still trying to think its way through owning the entire market, while the slimmer one finds way to partner and capitalizing on it. Which one do you think will survive?
While I watch these old companies causing a ruckus, I see the new ones jumping ahead along with a slew of start ups in their wake. There is a revolution and it is happening under the nose of the bloated old corporation who are not swift anymore. What is happening now is fascinating beyond words. It is an old system of greed and power, which inevitable leads to despondency, costly mistakes, tribal wars and out of control ego fed by even more out of control greed versus a less centralized system that is more agile and above all, has their finger on the current pulse. The big companies got too rich and alienated themselves from people want, choice and quality of life without having to lose paychecks and for the first time, their homes.
Do the research yourself and look up something like Project Better Place which is now called Better Place. Watch out for good old new Google snapping up deals, consistently bringing out free, easy to use tools that make Microsoft's bloated and expensive software look out of place. Check out Tesla who proved you can come up with super performance electric car with lithium batteries and thumbing its nose at mainstream auto makers. Check out alternative investing and how it has fueled an industry where already the first returns are fueling more development. Check out an even more interesting story of how Google is partnering with an unlikely allie in the form and shape of GE in order to revitalize an aging ultility grid and promote electric cars.
So many things are happening right here, right now, heralding a new day and age, one build on strategic partnership working for big goals but each having dominion in their field of expertise. What does this remind you of? For me, it's what I have been dreaming of since I was a child. A Star Trek sort of fantasy of how society should evolve going forward to once again be there for people to develop and not the other way around.
It is a fantastic time to keep your head cool, ground yourself solidly into the present, stay focused, be open to what is happening, keep in mind what history has to teach us and look deep into the future. What is it you want? How can you make this situation an even better one? What good can you make out of all this? I can myriads of possibilities…