Yet many people never figure out that you must increase productivity to increase income. Or, in many cases, even maintain productivity to maintain income! Perhaps the most common statement I hear from people who operate their own business is that they wish everyone had to try their hand at self-employment for at least a while.
And Newsweekdid one on the 'hotpants'trend. So,you do havethesepeople coming in andtheywant an interview,andvery often the local guycannot get it. Moscow was alwaysa scandalin that a f o r e i g ne d i t o r o r t h e e d i t o r o f a magazineor newspapercould comein and get an interview with somevery high official on the condition that he did not bring his local correspondent with him.
I neverdid that, but other peopledid, includingthat newspaper that has the slogan,"All the news that'sfit to print," exceptthat theyundercut their own correspondent. The worst thing, however,is that the powerful editors sitting behind their desksin Frankfurt,Brussels,London, New York, Manila, and so forth, feel that their readersarenot interestedin EasternEuropeor in anyplacethat is producingbad news.
The correspondentcan write the best articlesin the world. He canget all sortsof information that is new,that is enlightening,but it simplywill not appearbecausethe editors would think, "We[ it is not going to sell, the readerswon't want it.
And Newsweekdid one on the "hot pants" trend. D o e s SoutheastAsia, doesAsia in general, the fastestgrowing and the most dynamiceconomicareain the world, haveanythingto fear from Eastern Europe?
I think the answeron balance is, not really. There mayte somecompetitionfor foreigninvestmentbutthe Asia-Pacific area is becomingvery much a self-drivenareaWhat doesthe Asia-Pacificregion haveto offer to Eastern Europe?
The people whoaregoingtomakethestrategicinvestments,where one is willing to write-off a few hundredmillions,are goingto be the WesternEuropeans and thoseare, on balance,sound decisionsbecauseit's muchbetter to havea prospering,huppyEastern Europeonyourborderthantohavean unhappyEasternEurope.
I would ratherspendhalf of theWestGerman defenseallocationon soft loansto the SovietUnion than haveto fight the SovietUnion in five yearsbecauseit is a war you are not goingto win or even if youdo, God helpyou afterit is over.
So the type of thingsthat drive the Europeansare considerationstotally apart from what shoulddrive the Asians.
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Now, what can you bring? Probablyverylimiled measures, but very,very important ones. Perhaps,the mostlmportantis to helpto recreatetheentrepreneurial spirit, training,technologicalexchangethat bringstrainingalongwith it, that showswherehumaninitiative playsa role.
That probablyis the very, verybestthing that you cando. It is probablymorein the area of mediumto high technologywith a great deal of humanendeavorand humanintelligenceadded. That is where you have excelledand I think that is whereyou can help Eastern Europe.
Soit is veryeasyformeto saythat I agreewith both of them,particularly with Mr. He himself is a very successful businessmanin Hong Kong and in the United Kingdom, and can alsobe carried awaybythe"flavor of themonth.
Businessmen,particularly bankers, seemto be easilysweptby theflavorof I think we have the month symdrome.
What you seein EasternEurope whenyoulift the Iron Curtainaretheir e c o n o m i e s.With the introduction of genetics, you can control your Sims over a lifetime and pass their Sims’ DNA down from one generation to the next.
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software productivity continues to lag behind other areas of information technology. It is growing in. Nucor's compensation program has boosted the company's labor productivity to levels nearly double the industry average while rewarding productive employees with annual compensation packages that exceed what their union counterparts earn by as much as 20 percent.
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