Friday, February 18, 2011
Having Problems with Foreign Direct Investment?
What are some of the barriers?
Leverage. ROI.
It is easy to see that start up costs in some countries are much lower than start up costs in another.
If the other country does not have the physical plant for example, it will be cheaper to build that plant in the other country.
Currency considerations are another factor
Incentives from a country with little industry are greater than they are from a country where you will compete with the locals.
Market penetration. Would people in countries in the region be more inclined to buy from countries in the region or from western nations.
Partnering. It is easier to partner with business in some countries where western technology is not readily available by making that technology available.
Just a few thoughts.
Regards,
Slim
mail slimfairview@yahoo.com
Copyright (c) 2011 Slim Fairview
Virtually a Real Person
Mail: slimfairview@yahoo.com
Strategic Thinking
Wednesday, February 16, 2011
Transnational Business: From Distopistan to Netopistan
Perhaps Mr. _________ is seeking the collective input to help him to address the changes he will have to make in his strategy as a consultant in Egypt. He can, if he chooses, find opportunities here for Business leaders who did not read my ppt. presentation Global Management, a shift in the paradigm of corporate America.
More to the point, We will create a metaphor.
Hey, Mr. Big American Company Guy, you can no longer rely on the Big Company Guys of Distopistan who are protected by the Distopistanian Army because the King of Distopistan makes big bucks (through private transactions) via The Big Company of Distopistan.
Distopistan is in the midst of change. Tomorrow, the King of Distopistan will be gone. Tomorrow the country will be Netopistan. The Netopian Nation is now an ally. To do business in Netopistan (Formerly Distopistan) you will have to connect with the Netopian people.
"How do we do that?" asks the Big American Company Guy.
Answer:
Meet with _________ _________. He will teach you how to do business in the New World Order. A world without borders. (unabashedly lifted from and alluding to my blog which coincidentally goes by the url http://slimviews.blogspot.com
Regards,
Slim
Mail slimfairview@yahoo.com
P.S. Mr. ________. Carpe Punctum. And good luck.
Copyright (c) 2011 Slim Fairview
The Shared Vision: A process all right.
Here we not only read The Player's mind, we are also that fly on the wall.
"Anon."*
The Player [speaking to self.] "I have no clue what's going on. I know what I can do. I will get on a team. I will embrace the concept of horizontal management. I will say how much we need a committee. I will get on that committee."
[Now, for those of you who are really "into" metaphors:]
Team Leader: "Okay, group, does anyone have any ideas?" [Think outside the box; there are no stupid ideas, questions, etc. Only the stupidity of not saying anything; shared vision; there is no "I" in team; etc.]
The Player: "Yes. The world is not round, like this orange. The world is round like this plate!"
[Stolen from a Smothers Brother's skit.]
Team Leader: "Really? I would like you to share your feelings on that idea. I think we can all benefit from the discussion even if some on the committee respectfully disagree!"
The Player: "I heard it on the Smothers Brothers show!"
Team Leader: "Would anyone else like to comment or share viewpoints? [As long as we are all sitting around wasting the company's time and money.]
Other Members: "Blah, blah, blah..."
The Player: "You know, after listening to the other members of the team, I believe that the world really is round like this orange. This team approach to problem solving really works."
Team Leader: "Good for you! You see! The team method really works. We now have a shared vision.! Each of us "owns" the project. We have a shared goal. I will now go upstairs to tell Mr. Big, how well the members of the team worked together. [And how well his idea worked.]
Everyone: [privately to himself or to herself] "At first we thought he was a real jerk. But we can now see he that he is a team player. We can see that he is open to accepting the ideas of the other members of the group. That he is not too bright, thus not much of a threat. That we won't be challenged to come up with anything substantive.]
Team Leader [to The Big Boss] "At first I thought he was a real jerk. However, you were right, Sir. This shared vision thing really works. He is a team player willing to embrace a shared vision and to see the other members' points of view."
The Big Boss: "Great! I always knew I was a great Executive with great Leadership Skills! I am not only pleased with myself, I am please with you for implementing my vision and viewpoint."
The End
* Anon. A word often used in literary plays. [Ed. note: We don't want the audience to feel cheated.]
Sincerely,
Slim
Mail slimfairview@yahoo.com
copyright (c) 2010 Slim Fairview
Tuesday, February 15, 2011
What is to Come in the Middle East
What is to come in the Middle East.
Those who forget history are doomed to repeat it. Santayana
Those who never learned history are doomed—period. Slim Fairview
What is going on?
We’ve watched history unfold by way of anamnesis.
Most of us can remember, “The Sun never sets on the British Empire”. It collapsed for various reasons, but collapsed non-the-less. India, Canada, Hong Kong, Australia, National Public Television, Scotland….
We watched what Ronald Reagan once referred to as the Evil Empire collapse. Actually, one-by-one, two-by-two, Eastern block satellite-nations fell from orbit.
At first, the British expanded their empire. Then, those who lived under the British Raj, along with others living in nations of the empire, evolved to a metaphorical awareness analogous to the awareness made available by the internet today. They freed themselves from foreign rule.
After World War II, the Soviet Union expanded into Eastern Europe. Soon: five-hundred million people ground beneath the boot-heel of communist military occupation. It wasn’t long before the people of Eastern Europe liberated themselves—the result of watching the Soviet influence wither. Today, even Russia is no longer occupied by the communists’ forces.
Today, we have the internet. First, the Tunisian people rose up. Then, the Egyptian people rose up. All throughout the Middle East, we can see the events of change unfolding before our eyes. Still, we discuss the events rather than acknowledge them. Just as Iran extolled the actions of the people of Egypt, is it impossible that people in Arab nations saw large tea party demonstrations? Is it impossible that people in Arab nations were aware of the change in our House of Representatives? A change heralded as the largest shift in power in 39 years.
To understand what other people understand, it is necessary to understand propaganda. Do you remember Antigone, heralded, perhaps, by Sophocles? She was put to death for burying her brother in defiance of the law. However, do you remember Antigone, heralded by Anouilh? She was the spirit of the French resistance when France was occupied by the Nazis. During occupation, books had to be approved by the Nazi censors before they could be published. Why did the Nazi censors approve the publishing of Antigone? To show the people what happens to those who defy authority. What was the result? There are no unintended consequences. Only unwanted consequences.
World leaders, who may have extolled the Tea-Party movement as an example of unrest in America prompted by the peoples’ dissatisfaction with America’s government, with the American way of living, could not have predicted what would come. People who’ve extolled the Egyptian people for their rising up against their government, an ally of the United States, probably did not predict that their own people would say, “Hey, I’ve got an idea.”
Then, there is the internet. The Blogosphere. Netopia. Not Laptopistan as is was referred to in the New York Times. Laptopistan refers to the people with their laptops. Netopia refers to a virtual land that really does exist. Like the wind, you cannot see it. You can only see and feel its effects.
http://slimviews.blogspot.com/2011/01/egypt-and-others-new-world-order-world.html
http://slimviews.blogspot.com/2011/01/internet-disconnect-no.html
Regards,
Slim
Copyright © 2011 Slim Fairview
How to Motivate an Underperforming Team
The capable team is under-performing. What do you do?
Capable on what basis?
If the team is under-performing than the team is not capable. Perhaps the individuals are capable.
Review the goals, yourself. Alone. Establish what has been accomplished, the timetable, the deliverables as some call them, then interview each member of the team for a programme review update. Perhaps to "help you prepare your report".
This should help you uncover which individuals are under-performing.
Here are some hints:
The self-appointed leader. He decides that he can help other people do their jobs better and keeps "taking charge of the situation".
The expert. He confuses being belligerent, argumentative, and rude with constructive dialogue (or spirited debate.)
The theorist. Enabler, Empowerment and dignity person. This individual will sidetrack the individual or the group by shifting emphasis to team members feeling good about themselves. (This done to compensate for the lack of self-esteem.) By focusing on how individuals feel is supposed to make them better team members. It also shifts emphasis from the goal to the individual.
The fact checker. This individual will impede the group's performance with constant attention to detail and review. (Important? To an extent. Not to the extent that nothing gets accomplished.)
The "discusser". This individual feels that anything and everything that comes up should be thoroughly discussed.
The Boss who doesn't want to remove people from the group because he
a. doesn't want to hurt anyone's feelings;
b. doesn't want other members of the group to feel insecure about their position;
c. doesn't want to appear harsh; but mostly
d. is afraid his boss will wonder about his competence if he had to remove someone he chose to be a member of the team.
Good luck.
Slim
Copyright (c) 2011 Slim Fairview
Monday, February 14, 2011
The Business of Egypt is Business
Yesterday, the business of Egypt was Egypt. Today, the business of Egypt is business.
For the revolution to be a lasting success, the Egyptian people have to focus on the economy, on jobs, on education, and on the infrastructure: Electricity, roads, trains, broadcasting, and a stable government.
This is not accomplished by embracing ideology.
For a start: "Free Enterprise. It works when you do."
Egypt: Now looking for global management specialists, business development specialists, new market developers, (dare I say it) Human Resources Managers, R&D Specialist, IT managers.
The Egyptian people need jobs!
Let's hope The Egyptians promotes from within before they are exploited by carpetbaggers. 'You gotta know the territory...’
Did anyone say, Professor Harold Hill?
Bon chance,
Slim
Mail: mailto:Slimfairview@yahoo.com
Copyright © 2011 Slim Fairview
Friday, February 11, 2011
Change in the Company? Change in the Company!
Change in the Company? Change in the Company!
Change seems a bit bold. Think transformation.
As new people come on board, they will influence the company. Change or transformation will occur.
As new clients come on board, the company will have to adjust. When you start selling to Bluetopia, you will begin selling blue widgets. If no one knows how to mix up a batch of blue stuff, the company will have to hire people who can mix up batches of blue stuff.
All of this happens without a committee being assigned to study change, transformation, strategic planning, or even have to miss a three-martini lunch.
Regards,
Slim
Mail slimfairview@yahoo.comcopyright (c) 2010 Slim Fairview
Tuesday, February 8, 2011
Learning, or not.
Monday, February 7, 2011
Egypt and the Failure of Global Diplomacy
Egypt and the Failure of Global Diplomacy
It is simplistic to say that the situation in Egypt is for the Egyptians to resolve. This, because we are global community. To complicate matters, different countries have different cultural norms. To complicate matters further, efforts to understand the cultural norms of other countries routinely involve explaining “our” culture to others rather than asking others to offer us insight into their cultures.
Now, to diplomacy.
The Egyptian people have called for the resignation of President Hosni Mubarak. They have stated their resolve not to leave The Square until he resigns. They have issued a fait accompli.
President Mubarak has stated he will not resign as President. In effect, he has issued a fait accompli.
We have called for President Mubarak to step down. We did so publicly.
We can focus on the Egyptian Constitution and the constraints it places on all parties. We can also focus on the remarks by the pundits and analysts to the effect that our failure to support President Mubarak will cause other allies to be concerned about our fidelity. No one, however, has addressed the issue of “loss of face”.
For the Egyptian people to recant their demands, they will suffer what the world knows to be “loss of face”. For President Mubarak to capitulate to the demands of the protestors will result in his suffering “loss of face”. Then there is the American position—stated publicly.
We became Pontius Pilate the moment we entered the fracas.
If the Egyptian people do not prevail, there will be bitterness among the Egyptian people. By extension, if this is attributed to our support for President Mubarak, there will also be a bitterness shared by all who looked to us as a symbol of freedom.
However, if the Egyptian people do prevail, if President Mubarak does step down, it will do more that cause concern among our allies with respect to our willingness to support them. 1.3 billion Chinese people will see that we have caused President Mubarak to lose face. 1.3 billion Chinese will wonder when we will cause their leader to lose face. This question will be asked by people all around the world.
Rather than regard America as supporters of the Egyptian people, people around the world will see America as the betrayer of the Egyptian peoples’ leader. This, notwithstanding the call by the Egyptian people for President Mubarak to resign.
Lastly, if we recant our position, our global status and stature will suffer.
What to do?
The best possible way to resolve the problem is for the United States to defer to a neutral third party nation who will meet, PRIVATELY, with both the leaders of the Egyptian people and with the Egyptian leaders. Yes, there is a difference. This is not to suggest that the U.S. should not be present at the table. After all, Egypt and The United States are allies and have been for a long time. However, we should not head this delegation.
This neutral third party nation will be able to help both the Egyptian people and the Egyptian government under President Mubarak, to resolve the contretemps in a matter that will avoid humiliation and mitigate rather than propagate enmities.
Regards,
Slim
Copyright © 2011 Slim Fairview
Thursday, February 3, 2011
Watching the Process
The Process
Management, Project Management, Process Management, each a process. Can you isolate the moment you realised that?
I was in the second grade. We were out in the playground for recess. We were playing kickball.
Recess was unstructured. There was no micromanagement of children then.
The two usual classmates were captains. This was SOP. Then, one day, one of the teams had a co-captain.
While some of the other boys in my class complained, “Why do they always get to be captains?” “They always pick their friends. That’s not fair,” I observed the process.
The captains were the natural leaders. This was because they were good at the game and good at picking players. (Athletes will routinely hang out with athletes. Question: Are they picking their friends, or good athletes, or both? Answer: both.)
We root for the underdogs; but we want to run with the winners. Good at sports or bad at sports, each of us wants to be on a winning team.
However, we now had co-captains. I was less concerned with why. I simply wanted to be on a winning team. That was over 50 years ago. I still remember the day. However, we never stop learning. It was only a few weeks ago when I thought about that day that I realised something.
If you are a good athlete, and I am a good athlete, and we have three powerful players in the class; Tom, Dick, and Harry, and we toss a coin for first pick, the following are the possible results:
You have three power players: I have two power players.
I have three power players: you have two power players.
It comes down to the toss of a coin.
Plan B. I have a co-captain. It doesn’t matter who wins the toss. Either way, I have three power players on my team and you have two on your team.
Now, that was not the end of the lesson. That was the beginning.
1. We learned not only about leadership, but also about followship.
2. We learned the art of negotiation and the result of having good leaders.
3. We also learned how to get along without being micromanaged by parents.
4. There was a lesson in conflict resolution and the value of cooperation.
It went on from there.
Some of my classmates complained. They, however, had no viable alternative. They also had no appreciation for the objective assessment of what was happening.
Some had inflated views of their own skills. (If he can do it, so can I.) Yet, none ever explained why others never gravitated to them as leaders.
There was more to be learned by watching the process.
1. How did some classmates interact with others?
2. How did some interact with the teacher?
3. How did the teacher interact with some students as opposed to others?
For the last one, I can offer some insight. If the objective is to encourage a student to participate, the teacher calls on the quiet one. If the objective is to teach the class how to solve a problem, the teacher calls on the student most likely to have the correct answer.
There is much to be said for participation. There is little to be said for sitting on the sidelines. However, as Yogi Berra once said, “You can see a lot by just watching.” To which I shall add, “You can hear a lot by just listening.”
What does this have to do with project management?
Perhaps you shouldn’t be managing projects.
Regards,
Slim
Copyright © 2011 Slim Fairview
Saturday, January 29, 2011
Egypt and Others--A New World Order: A World without Borders
Slim
eMail: mailto:slimfairview@yahoo.com
Friday, January 28, 2011
Thoughts on the Marketing of India (From a Linked in Discussion)
The Marketing of India
Find a need and fill it.
Who has a need for what you can produce?
Partner with that (nation's) companies.
In addition to the profits, offer a minority interest in the company. (This will give investors an incentive to succeed.) Offer a profit share to the suppliers. (This will give the farmers(?) an incentive to join in the venture.
In addition to money, offer other incentives. [Prestige]. For example: Build schools in the areas where the people are most enthusiastic.
If one or two small companies cannot find the funding (through govt. funding--a bad idea) go to the marketplace. Economies to scale.
Create a marketing group for the several smaller companies, so they can pool their resources.
In Vermont there is a joke:
Q: "Do you think the rain will hurt the rhubarb?"
A: "Not if they're in cans."
If produce spoils before it hits the market, set up a joint effort to can the produce at the source.
Roads are a government responsibility.
Just a few ideas. (Call me old-fashioned)
Anyone care to amplify, amend, or correct?
Sincerest regards,
Slim
PS. Read The Caste Busters article in the NY Times:
http://www.nytimes.com/2011/01/02/magazine/02Striver-t.html
Mail slimfairvew@yahoo.com
Copyright (c) 2011 Slim Fairview
Thursday, January 27, 2011
The Business of Wisdom in Global Affairs -- A Fable
The Business of Wisdom in Global Affairs—A Fable
About 50 years ago, my father told me a fable. I don’t know its origin. I believe it may have originated in Turkey or in the Middle East.
No doubt, he’d heard it from someone much older than he was when he heard it. And older and wiser when he shared it with me. Thank you, Dad.
A long time ago, there lived a powerful king. He ruled vast lands with firmness and fairness. However, the many city-states and principalities were ruled by selfish and greedy men. They were constantly fighting wars over petty grievances to disguise their true motive—greed. Therefore, the king issued an edict banning such unjust wars. If they defied the edict, he would send his troops in to vanquish the offender and seize his lands.
In one of the small countries, the young people had gathered to come up with a plan to better the lives of the people. They concluded that the old people were a burden and that they should all be put to death.
One young man, unable to allow his father to be killed, led him from the city in the dead of night and hid him in a cave on the outskirts of the city.
The word spread to a neighboring land where a greedy prince called his advisors together to discuss a plot to wage a war against the other land to grab their wealth. They wrote the following letter:
Five generations ago, our people lent to your people 25 units of rope woven from sand which you promised to return. Yet with each passing generation, your promise has gone unfulfilled. Therefore, we must demand return of this rope or we will be forced to send our armies to your land to retrieve it along with just restitution.
When the leaders of the council received and read this letter, they panicked. None had ever heard of the rope woven from sand nor knew anything about it.
The man who’d hid his father in the cave outside of town asked for the letter and said he would return with a solution to the problem. He went to see his father.
His father said, “Write back. Say to them, we have many coils of rope. Some are woven from sand but each is different. Send us a sample of your rope so we may match it up with the rope that is yours and do justice by returning your rope.”
The young man returned to the council and they sent just such a letter.
When the evil prince received the reply, he turned to his advisers and said, “There is still one old man left in their land. We will wait until he dies and try again.”
Regards,
Slim
Mail: slimfairview@yahoo.com
Copyright (c) 2010 Slim Fairview
Tuesday, January 25, 2011
Chinese Wisdom and Privacy
"In the West, when you want privacy, you go into a closed room. In the East, when we want privacy, we go into an open field."
Regards,
Slim
Mail slimfairview@yahoo.com
A WHITE HORSE IS NOT A HORSE
A WHITE HORSE IS NOT A HORSE
That is what is known as “an old Chinese saying.” I learned it from my finance professor. I was too embarrassed to ask him to explain what it meant. Soon, I would figure it out for myself.
A few years later, my wife and I moved out West. What happened? Something that almost never does. I got a craving. A food craving. A food craving for for something I never crave. A salami sandwich on rye and a bottle of beer.
We drove to the supermarket. Beer, no problem. Salami, no problem. Then, we went to buy the rye bread.
I found, pumpernickel rye; marble rye, low-sodium rye; diet rye; California rye; I found every kind of rye bread except rye bread. Then I understood. A white horse is not a horse.
Solution. I had a baloney sandwich on white bread and a glass of chocolate milk.
How many white horses do you have in your stable?
Regards,
Slim
Mail Slim tilden9@yahoo.com
Copyright, © 2011 Slim Fairview
Monday, January 24, 2011
CIVICS
CIVICS:
Then: “Remember, class, you may not agree with what they have to say, but they have the right to say it.”
Now: “Don’t let them forget, class. They may not agree with what you have to say, but you have the right to say it.”
Then: The right to accommodation.
Now: The right of infliction.
Slim
Mail: slimfairview@yahoo.com
From The Quotations of Slim Fairview
Copyright (c) 2011 Slim Fairview
Friday, January 21, 2011
Internet Disconnect? NO!
Among my "skills set" in addition to starting out life as an English major, and transferring schools to major in Finance, I also left the corporate world to write an unpublished (able) novel. I took unique jobs. Steel Fabricator. 10 hours a day on a brake-press, a spot welder, etc.
Plan B. 8 - 10 hours a day at a keyboard.
A. Hot, dirty, heavy, low pay, long hours.....
B. Keyboard, share ideas, connect with people globally!
Type a novel, enter an email, click attach and away we go. See an article -> twitter. Share it with thousands. (Okay, only seven.) Copy paste, high-light, add a link, add a mail to. Or, copy paste a photo, a graph, a chart, or a dozen links to same. Sit down to dinner with a friend across town, across the country, on the other side of the world. Free. (Did I hear someone say skype?)
I heard a rumour you can even run for President using the Internet.
http://slimviews.blogspot.
Regards,
Slim
Thursday, January 20, 2011
Frank Investment Strategies
You win two out of three bets. You come out ahead.
Do you now have some idea of how our investment industry is changing?
Slimviews is an non-profit, unfunded, unsupported, and, alas, unprofitable web log by Slim Fairview
http://slimviews.blogspot.com
Commentary on Global Political and Economic Events by Slim Fairview. Read my blog today or hear it from experts in a month or two. Slim
