Summary: Winner Take All E-Book

BusinessNews Publishing

• Herausgeber: Political Book Summaries
• Kategorie: Fachliteratur
• Sprache: Englisch

Seitenzahl: 19

Veröffentlichungsjahr: 2017

Beschreibung

The must-read summary of Richard J. Elkus, Jr.'s book: “Winner Take All: How Competitiveness Shapes the Fate of Nations”.

This complete summary of "Winner Take All" by Richard J. Elkus, Jr., a prominent business expert, presents his argument that over the last 30 years America has become the world’s largest debtor nation. Therefore he highlights how to be competitive and recover the successful thinking this nation had in the past.

Added-value of this summary:
• Save time
• Understand competitiveness in terms of American business
• Expand your knowledge of American politics and economics

To learn more, read "Winner Take All" and discover how policy changes and reformed thinking can give America its competitive edge once more.

Leseprobe

Book Presentation: Winner Take All by Richard J. Elkus, Jr.

Book Abstract

Over the past 30 years, the United States has lost commanding leads in business after business. We no longer make cameras, TVs, MP3 players, cell phones, or DVD players, and we have become the world’s largest debtor nation. Everyone thinks this is because of cheap labor costs, but Elkus contends that, in actuality, Asian leaders have a fundamental and different way of thinking about business. If the U.S. wants to regain its competitiveness and preserve its global power, it must play the game as it’s played in the rest of the world. Winner Take All explains what it takes to be competitive and how we need to reform our thinking to regain what we have lost.

About the Author

Richard Elkus has been chief executive or on the board of directors of more than 15 different high-technology companies, as well as a board member of the University of California President’s Board of Science and Innovation, Scripps Research Institute, the Center for Strategic and International Studies, the Economic Strategy Institute, the American Electronics Association, and many other organizations.

Summary of Winner Take All (Richard J. Elkus, Jr.)

The Great Giveaway

The vast majority of the electronics we buy – TVs, digital cameras, computers, etc. – are manufactured in Asia. Additionally, more and more of the initial design and related research and development (R&D) are being done by Asian companies as well. These circumstances did not come about by accident. They are the direct result of decades of strategic planning and industrial policy within Asian countries. America, as a nation, has no such strategy or policy.

In the late 1960s, IBM dominated the computer industry. With the introduction of the “360” family of mainframe computers, it changed the computer business forever and captured more than 75% of the global computer market. Competition in the computer industry was based almost entirely in the United States. America’s dominance in computer manufacturing put the U.S. on the top of the information technology food chain.