Full day... Thought provoking 4.5 hour session on what makes family business's tick. Key issue about thinking at least one generation ahead. John Ward and Joachim Schwass are the top two family business professors in the world. This is serious stuff!
Last night had a mind expanding presentation on the state of the world's economies by an economics professor. Time to leave the UK... We appear to be stuffed. Public sector out of control in terms of costs vs value and national debt coming a close second in a league table not to be seen near... Although UK pays over £26k to any family not wishing to work in Spain and Greece the state's largesse is considerably greater!!! Incredible figures - I'd rather not believe them.
A presentation on Social Media convinced me that we need to move into this space sooner rather than later. Engagement with communities and individuals is essential for businesses and reinforces the work we are already doing. Status quo not acceptable - how we engage with multiple generational individuals and communities in ways not even considered a year or so ago will be interesting to say the least. Budleigh Salterton may not be ready for this but from today's session the rest of the globe is. Networks are becoming global with local twists...
Decline of the nation state? Yes but will the politicians get it? Jury is out - to date they don't appear to... If you are a pastry chef in Greece it is classified as a dangerous occupation and you can retire any time after 50 on virtually full pay... If you take UK policy on public pensions, welfare etc we are actually not far behind...
IMD have bespoke iPad app. Awesome. Andrew de G and Luke - I want one for CDE for scorecard reportimg et al...! We shall speak. Remarkable use of technology to very good effect.
That's all for me - got three cases to read for Tuesday...
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