The authorities in China, in case the Chinese Communist Party CCP with 85 million members, wants completely control humanity in imperceptible ways by AI digital brain connected to the internet and all networks operating on 5G and the coming 6G. It’s called Artificial General Intelligence. The network 5G is currently built and will make robotics operational. The millions of surgical masks and other medial devices supplies from China is part of the CCP Propaganda.
CEO Jim Hackett found himself in a wave pattern during the last decades: shrinking the company during recessions, then growing it, then shrinking it, then growing it. That’s not healthy. The business environment changes continuous, so Ford has to perform better than in 2018 and in 2020 better than in 2019. It’s extremely dynamic. It’s not enough to look at market share, profits, earnings per share versus those of other car manufacturers that count. What if Amazon starts to sell cars/car parts? You probably don’t lose to the standard competitors, but it’s the mutation coming at you that matters. Being competitive is about a lot of drivers and being ahead of the game is all about Corporate Fitness, according to Jim Hackett, CEO of Ford Motor Company.
The majority of leaders in our organizations and in politics do not like these contrarians. However, we desperately need such people in our organizations. It is interesting to see Cesare Mainardi’s research on ‘losers’ and ‘winners’ such as Amazon, Apple, IKEA, Haier, Natura and Starbucks.
Peter Diamandis founded the prestigious US Singularity University, active in research on new technologies and author of the bestseller “Abundance”. One of his visions is that technology developments do not just follow the linear curve of growth, but do, however, follow the curve exponentially. Many Boards underestimate the speed of technology change and when this happens exponentially the company loses ground. There are numerous examples where this occurs, the latest being Blackberry and Nokia.
As a result of hindsight, people who did not see an event coming, (think for example of Black or Grey Swans), will manage to convince themselves that they predicted it, before proceeding to convince others. According to Taleb, after every event there will be many more postdictors than true predictors. Think about this statement: “Never ask anyone for their opinion, forecast or recommendation. Just ask them what they have or don’t have in their portfolio”.