Take all you have learned for the past 10 years and throw it in the trash can
Watching Obama walk around the Senate with no jacket and tie with his sleeves rolled up, ready to work, is incredibly refreshing. As in any company, the culture and vibe start at the top. You can walk into 3 separate companies that are in the same business and each feel completely different because of who is running them. Obama is attempting to change the culture in Washington. We need to retool, rethink and change the direction the country is going and Government has to get behind it.
Although the economic package passed yesterday, not one Republican voted for it. Why? So if it fails they can go back to their constituents and say, see, I didn't vote for it and it failed. I was right. Wasn't anything learned over the past 8 years? Why is it that our elected officials, Democrat and Republican, can't get behind a new President with a new idea and try to make it work. The old way certainly wasn't working. If this doesn't work, then we will have to try another way. I am not sure that enough has been done on this particular stimulus bill either but at least its a start. I want to know where are the tax incentives for the private sector so that companies will start building high speed trains and urban transit systems. But, it is a start.
Yesterday I was speaking to my brother for some time, who saw the future in his business and realized that if he didn't change, they would cease to exist and so he decided to completely change their business model. He has basically said to his employees, take all that you have learned in the past 10 years and toss it in the trash can. Think differently. Think forward, take different risks. He is spot on.
There is not all doom and gloom on the horizon. Young companies that are filling voids and creating new economies are succeeding. Maybe they are succeeding because they are not operating with a business as usual platform. They are figuring out the business model as they surge ahead.
There is no doubt that thinking differently is hard particularly in models that have been set in stone for so many years. Banking and Government are the 2 that come to mind quickly. Obama has put together a group of people who believe in his vision, one that means we have to start thinking differently. I am not sure it is his age as it is his community background and a fundamental understanding that things need to start from a grass roots level as well as strong leadership and support. He gets it.
The days of old, the business models of the past are over. The world is flat, people get their information differently, we are a socially transparent world, we need to get out of fat gas guzzling cars and into efficient modes of transportation (Putin is still thinking that oil is going to control his power in the Soviet Union- that alone should want our Government to realize we can't depend on other countries for our energy anymore ), we are spending differently, bloggers have changed the way information is disseminated, etc. I could continue on but my brother is right on the money. Take all that you have learned for the past 10 years and throw it in the trash that is unless you are 25 year old entrepreneur and are figuring it out for the first time. Those are the people who will have success reshaping us for the next decade because they look at the old way of doing business and ignore it.