The Best is yet to come…the world of exciting business changes are just ahead

by Jim Patrick

Excuse me Mr. Sinatra for paraphrasing your song….

Out of the tree of life, I just picked me some fun
The right time just came along and everything started to hum
Still it's a real good bet, the best is yet to come
The best is yet to come, and won't that be fine
You think you've seen the sun, but you ain't seen it shine
Wait till the warm-up is underway
Wait till out the challenges have been met
Wait till you see that sunshine day
You ain't seen nothin' yet
The best is yet to come, and won't that be fine

 Yeah, I know that the economy here and abroad is far from healthy.  You see everyone want to see things change and when change gets in to full gear with the support of both the multitudes and the boardrooms; it really takes off and that’s what is about to happen.

 The economies of the traditional Western economies have been focused on cost cutting and operating improvements for almost 2 decades.   The Western business schools have turned out many brilliant leaders who have been well steeped in supply side economics and knowing the best ways to pull another turnip out of the turnip they already pulled blood out of .  They are that good…really!

Boards have been carefully instructed by large institutional investors to improve yields for years.  Many of these investors are pension funds; you know the very folks that have to start paying out to the throngs of baby boomers after they still pay their long living parents.  Who can blame them for wanting the best ROI for their investors?

Now, here the good part; those turnips we discussed have run out and there aren’t any more on the near term horizon.   That means that the only pathway out is to get creative!   You got it, we are about to get a good hard kick in the pants to reinvent our businesses.   That means that the personalities that were called for years ‘loose cannons, dreamers, tech gurus etc’ are back in vogue!

Now here’s a big secret, don’t tell anyone else please as it is our secret, Asia and the emerging world economies already know this as their younger populations accept change must faster!

Technology will be even more important as we go forward.  Better business intelligence, CRM, SAAS and SOA will be the driving catalysis’s.   There might even be a ‘cloud’ or two as we weather the storms of change.  Mobile technologies and social websites will become main stream.

Who’s going to come out on top; well bluntly, the folks that have the best resources first?  Recruiting and outsourcing will be critical to being on top as no one company will have all the resources required.    Yes, the best is yet to come and the winners will be all of us who know how to leverage new technologies the best.     America will be in the lead again…where it belongs!

The best is yet to come, and won't that be fine

Just on ole fat man's opinion....