I attended a conference on Global Challenges, Local Opportunities organised by Institute of Bankers Malaysia (IBBM) in Kuala Lumpur on 8 - 9 May 2012. The topics presented are global economic crisis, risk management and banking. The keynote address was presented by Graeme Maxton, a thought leader, writer and economist.
Maxton's latest book "The End of Progress - how modern economics has failed us" is a must read if you want to know who is to blame for the current global crisis. What is wrong with the western (US and Europe) economic model and why Asian countries including China, Korea, Singapore and Malaysia enjoy strong economic growth.
You should relate some of the economic lessons to the management of your business. The purpose of an economy is not growth = the purpose of a business is NOT profit. Think about it ...
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