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1/1/12

Asian Rise : when will it catch up with USA ?

Dear Readers,

Happy 2012 !

To celebrate this New Year, I would like to share some interesting statistics about India and China economics growth .... and predictions about the date that they will catch up with United States in terms of income per person.... big Change & challenge to come. Although 2 years old, this is a very good eye opener by the excellent Hans Rosling at TED-Conference in India.

Get ready !

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Thought of the week...

"Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square hole. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do." —

Apple Computer Inc.

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Coming back from a trip in India, I will keep this motto in mind :

I can think

I can wait

I can fast

.....

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RETURN ON EQUITY: Fortune 500 companies with 3 or more women on the Board gain a significant performance advantage over those with the fewest

+ 73% return on sales

+ 83% return on equity

+ 112% return on invested capital

Read Catalyst research report

“Women influence or control over 80% of consumer spending decisions; men design 90% of IT products and services. If men only are designing IT it’s a ‘going out of business’ sale. Diversity is not the issue, survival is.”

Gartner

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All in all, we provide evidence that firms promoting women to top management positions enjoy superior performance, and that this is the result of women’s managerial talent to foster teamwork and collegiality. Our hope is that this work will spur more research on the impact of female executives on firm performance. If similar results are obtained in different countries, we may be in a position to conclude that gender-based discrimination may not only be unethical but contrary to shareholders’ interests.”

Professor Cristian Dezsö, University of Maryland

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Women are simply better credit risks as clients, and more prudent as investors and managers. It’s easy then to take this argument to the next level and conclude that if more women had been in charge of the banks, all around the globe, we wouldn’t be in the mess we’re in now.”

Anne Hornung-Soukup, Founding Partner, Axia Investments

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"Forget China, India and Internet, economic growth is driven by women. "

The Economist

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“I’ve seen men run things and women run things. I’ll take a smart woman anytime.” Warren Buffett