This Week's Herman Trend Alert

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  The Herman Trend Alert

October 10, 2007

More Attention to Competitiveness

The 25 percent of the population of China with the highest IQs is greater than the total population of North America. The United States is 20th in the world in broadband Internet penetration; Luxembourg passed us last year. In 2002, Nintendo invested USD$140Million in research and development; in 2006, the US government invested less than half that much on research and innovation in education.

As we realize just how right Thomas Friedman is in his bestselling book "The World is Flat". . . if the United States is to continue its leadership role among the developed nations of the world, then we must consider the critical issue of competitiveness.

How timely, then that the American Society for Competitiveness (ASC) has scheduled its 19th annual meeting in Tulsa, Oklahoma November 6-9. Though the event is designed for academicians and corporate business leaders, it is open to all concerned citizens.

According to Dr. Jefferson A. Stewart, Chair of the Advisory Council for ASC, the key to our future will be "to establish economic value creation in the minds of our youth. Our young people have an 'entitlement mentality', in part because though they respect their peers, they have no respect for authority. We must help them realize their own internal value, because if we can't, they may all end up as terrorists, seeking validity from subversive organizations." Stewart cites Richard Reid, the "shoe bomber" as an example. Stewart adds that "if we can't solve this issue on a global scale, then America will pass like all dying cultures."

Finding solutions for this situation will be one focus for the facilitated session that Joyce will deliver at ASC's conference. Another area of exploration will be the inverse relationship between the graying of America and the greening of the rest of the world.*

This issue of competitiveness is not just a domestic issue for the US, but must be top of mind for all of the nations of the world. . .especially as we see the intensification of the global war for talent. That is why ASC will ultimately have meetings throughout the world.

*Subsequent Herman Trend Alerts will focus on this issue.


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