By John Caslione in Chaotics, Events, Uncategorized at September 6th, 2009
Chaotics: The Business of Managing and Marketing in The Age of Turbulence is continuing it’s worldwide roll-out with a successful UK launch event on June 21st 2009 at London’s prestigious Institute of Directors (IoD) on the fabled Pall Mall. Philip and I were humbled by the turnout and thought provoking questions. Below are some pictures from the event, thanks to all those who attended.
I’m proud to announce the book is now available in 25 languages in more than 50 countries!
Chaotics co-authors John Caslione and Philip Kotler
Philip Kotler and Donatella Ceccarelli Caslione
John Caslione and Chaotics, LLC. board member, Jeremy Ling
By John Caslione in Chaotics, Globalization, Rise of the Rest at July 13th, 2009
The annual Fortune 500 list of top global companies has recently been released and as the South China Morning Post reports the number of US companies featured has fallen to the lowest levels ever. Meanwhile more Chinese companies and other new entrants have risen to record levels. This is what we’re referred to in Chaotics as “The Rise of the Rest,” a term coined by CNN and Newsweek’s Fareed Zakaria in his 2008 book of the same name.
A new chapter in global economic history has begun, one in which the United States, and to a lesser extent Europe, will no longer play its former dominant roles. A process of redistributing money and power around the world—away from the U.S. and Europe—and toward the resource-rich countries and rising industrialized nations in Asia and the rest of the emerging world has been underway for years. The financial crises of 2008 only accelerated the process.
For domestic Chinese companies, China’s continued growth has helped to propel them to new highs with a Chinese corporation reaching the top ten of the Fortune 500 for the first time ever. Sinopec (China Petroleum & Chemical Corp) came in ninth this year. There were a total of 37 firms in the Top 500 this year including 9 new entrants. The changing landscape is undeniable. Overall, Walmart was replaced at the top spot by Anglo-Dutch energy giant Royal Dutch Shell, the first time in more than 10 years that a non-US firm ranked first on the list.
By John Caslione in Business in Society, Business strategies, Chaotic Strategies, Chaotics, Economic Analysis at July 4th, 2009
On the front page of the Financial Times July 2nd, the lead article was titled Signs of global recovery in data . It stated that any euphoria about the encouraging data is muted by serious concerns that any “recovery” will not be sustained.
Moreover, the positive news was more couched in terms of the global financial crisis ending as opposed to than the global recession ending, particularly in Western markets in the US and North America, the UK and Europe, Japan, Australia, etc.
By the end of the day, markets in America had sufferred a crushing blow based on worse than expected employment data. Today’s FT headline: US jobs data scupper lingering optimism over speedy recovery
The Age of Turbulence is in full force. The best businesses will manage accordingly.
By John Caslione in Chaotics, The New Normality, Turbulence at June 8th, 2009
In June 6th’s Financial Times article entitled, “Wal-Mart finds turmoil brings more opportunities than ever”, Wal-Mart CEO Mike Duke states, “there is a ‘new normal’ in which people want to save money and are getting smarter about saving money.”
Wal-Mart now also recognizes that fundamental behaviors must change (both their own and their consumers) in the “new normality”, which will be with us for many years into the future.