U.S. Financial World War: word up bro’ G20 showdown…may be “rap war”


The G20 is getting underway in South Korea. High on the agenda is the brewing currency battle between China and the United States.
Need a primer on the issues? Check out our US-Sino Currency Rap Battle, featuring Chinese president Hu Jintao and American president Barack Obama.

Serious message goes “street”

China has mad stacks of US Treasury debt and fears America will inflate its way out the hole by weakening the greenback further.
The US, on the other hand, says China is keeping its currency artificially undervalued to protect its exports.
It’s a battle for the ages. And everything you need to know about US-Sino trade relations can be learned right here.

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Seth’s Blog: Hire an architect


If you have visited my blog before you will know I am a sucker for the wisdom of Seth Godin. I could share more but suggest that you do it yourself!

Architects don’t manufacture nails, assemble windows or chop down trees. Instead, they take existing components and assemble them in interesting and important ways.

It used to be that if you wanted to build an organization, you had to be prepared to do a lot of manufacturing and assembly–of something. My first internet company had 60 or 70 people at its peak… and today, you could run the same organization with six people. The rest? They were busy building an infrastructure that now exists. Restaurants used to be built by chefs. Now, more than ever, they’re built by impresarios who know how to tie together real estate, promotion, service and chefs into a package that consumers want to buy. The difficult part isn’t installing the stove, the difficult (and scarce) part is telling a story.

I’m talking about intentionally building a structure and a strategy and a position, not focusing your energy on the mechanics, because mechanics alone are insufficient. Just as you can’t build a class A office building with nothing but a skilled carpenter, you can’t build a business for the ages that merely puts widgets into boxes.

My friend Jerry calls these people corporate chiropractors. They don’t do surgery, they realign and recognize what’s out of place.

Organizational architects know how to find suppliers, use the cloud (of people, of data, of resources), identify freelancers, tie together disparate resources and weave them into a business that scales. You either need to become one or hire one.

The organizations that matter are busy being run by people who figure out what to do next.

via Seth\’s Blog: Hire an architect.