This is the second of several posts this week covering my review of the July-August 2009 issue of the Harvard Business Review. I recommend getting a copy.
The Ten Trends you Have to Watch by Beinhocker, Davis, and Mendonca (McKinsey & Company authors) point out important trends to watch for post recession. Here are a couple:
--Low trust in business is like the heart attack is to people…it’s the silent killer (my word, not the authors). Without trust, costs go up and speed of doing business plummets like a rock. Not a good thing if you’re a strategist hoping for a productive future. Government control—no kidding—is on the rise, with seemingly good reason. When business feels like a football game with now rules, you have to bring in the referees.
--Shifting consumption, another trend ID’d by the authors, raises the question if not we in the United States, then who will be the big consumers in the future? Think China and India.
There’s a lot more in this article. Read it.