Saturday, June 23, 2007

The Chinese Capitalism

China: The government is trying to manage the index of the stock exchange, in order to cool the extreme demand of recent months and to manage stock prices to realistic levels. This policy is part of an overall strategy of managed capitalism and an effort to keep the economy from overheating.

1. This time her policy is being implemented by having state-owned companies issue more stocks (shares),

2. Recently, it raised (tripled) the tax on stock transactions.

Thursday, June 21, 2007

Management: The name of the game = Access

I have written it before and I think it is as current and key as ever before today:

The key tool in survival and prosperity in the world today, not just in business but in almost everything is not access to capital and other traditional sources of "power".

It is access to markets, agoras in general (economic or other, even .... dating, visiting relatives, social activities, etc, etc).

You can have access to capital (venture or loans), ease to set up a new company in a few minutes, etc, etc, etc, a great product or service to "sell", but without real access to a suitable market for the said product or service, it is no use, IMO (in my opinion).

What are the key elements of "real access"? Technical/physical and regulatory and "bureaucratic" and marketing/business related.