The latest book on my lap has been ‘Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics (a very heavy Hardcover)‘ by McKinseyite Eric D. Beinhocker. The author draws on the concepts of complexity to give a ground up understanding of how an economy really develops, and really works. Beinhocker points out that economics has not given us a satisfying answer on how wealth is really created … because economists have prefered labouring over convoluted mathematical answers instead of searching for a plausible answer!
Do you want to be wealthy? Successful in business? Respected by your peers? You may want to remember the simple 3 step plan that the author recommends:
1. Differentiate.
2. Select.
3. Amplify.
The idea seems to be interesting enough, that already more than 3 bloggers have covered this topic, including Edward Vielmetti, John Leach of the Bell Pottinger Group, John Hagel writing on his Edge Perspectives blog, and outsourcing expert Sadagopan!
I highly recommend adding Sadagopan to your RSS feed reader, if your interested in the topic of business outsourcing. I’ve been following his weblog for years, and his insights are very exceptional!
Posted by Danny