Competition? What competition?
Moises Naim, editor in chief of Foreign Policy magazine, wrote an interesting entry in WashingtonPost.com's PostGlobal blog yesterday. The premise is nothing new: The new guard is pushing out the old guard increasingly fast. But his message made me pause for a couple of reasons. First, I liked his quoted research (though I have not tried to find the source to ensure he is portraying it accurately or to assess how sound I think the research is):
"According to professors Diego Comin and Thomas Philippon of New York University, a company in the top 20 percent of its industry in 1980 faced only a 10 percent chance of no longer being an industry leader five years later. By 1998, that risk had more than doubled. In fact, 39 of the top Fortune 100 companies in the United States were not on that list last year."
I also think Naim convincingly ties other sectors into his arguments, including elections/politics and religion. And now my realization: I would consider most associations the old guard. Are your eyes open enough to see a new guard emerging? Are you exploring or embracing "new guard" tactics yourself?
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