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China Leadership and the Peter Principle
- 1. China Leadership and the Peter Principle By www.ProfitableInvestingTips.com
- 2. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Investors are taking note as the Chinese economic miracle is cooling off.
- 3. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle What is happening and how should it affect investments?
- 4. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Before We Continue… Click the links below to get your FREE training materials. Free Weekly Investing Webinars Don’t miss these free training events! http://www.profitableinvestingtips.com/free-webinar Forex Conspiracy Report Read every word of this report! http://www.forexconspiracyreport.com Get 12 Free Japanese Candlestick Videos Includes training for all 12 major candlestick signals. http://www.candlestickforums.com
- 5. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle The Great Recession certainly hurt China as well as the rest of the world.
- 6. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Slowing demand for consumer goods produced in China and demand for Western produced goods in China are part of the picture.
- 7. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle What we think has been overlooked is the competence needed of national leadership and the structure of that leadership in China.
- 8. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle When looking for good investments and safe investments sound management/leadership is essential.
- 9. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle That is lacking because of the China leadership and the Peter Principle!
- 11. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Forbes wrote an article about what the Peter Principle means today.
- 12. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle You may think you’ve heard the Peter Principle before-something to the effect that, “In a hierarchy, every employee tends to rise to his level of incompetence.”
- 13. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle But the Peter Principle was more than an alarmingly nasty motto.
- 14. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle It was an alarmingly nasty book- and a funny one at that, illustrating the efforts of many managers to seem productive when in fact they’re in over their heads.
- 15. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Published nearly a half-century ago, the book is now a refreshing tonic for all the feel-good, impossibly Pollyannaish management wisdom being passed around.
- 16. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle To a certain degree the inevitable outcome of anyone’s career can be the fulfillment of the Peter Principle.
- 17. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle You do well and get promoted until you are in over your head.
- 18. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle This applies to national leaders and leadership models as well.
- 19. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Order versus Disorder and Managed Economies
- 20. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle It is true that primitive economies grow more rapidly if managed from the top.
- 21. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle But there comes a time when top down management does not work.
- 22. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Economies that move from top down control to a consumer driven model are able to evolve to a higher level.
- 23. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Japan made the transition around 1970 and South Korea got there around 1990.
- 24. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle China is at that point and it remains to be seen if China will be able to make the switch or if the Peter Principle will take effect and further stagnate Chinese economic growth.
- 25. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Philly.com understands this and writes about how the Chinese leadership cannot control things.
- 26. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle The perceptions about Chinese omniscience were created by years of upbeat economic numbers.
- 27. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle More recently, the Chinese data indicated the economy was slowing.
- 28. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle But now, people are unsure by how much.
- 29. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Why the change in attitude toward Chinese data?
- 30. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle The belief that the numbers were accurate and not managed has been called into question.
- 31. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Actually, as we all probably recognized for a long time but were unwilling to admit, the figures were always managed, at least to some extent, for political purposes.
- 32. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle When reality and image diverged significantly, the truth emerged.
- 33. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle The article goes on to say that crude counter-productive interventions have hurt instead of helped and that government planners are less efficient than the market.
- 34. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle This is the Peter Principle in full force.
- 35. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle What worked in a more primitive economy will not work if China wishes to move on to the world stage in a bigger role.
- 36. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle China leadership is fulfilling the Peter Principle and will take its economy down with it.
- 37. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Going by What Has Worked Before
- 38. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Many leaders get to the top by mimicking the success of others. They do what has always worked.
- 39. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle Top down “managed capitalism” certainly worked to bring China to the level of being the second largest economy in the world.
- 40. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle But, China leadership and the Peter Principle have come to bear.
- 41. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle The people in charge in China need to loosen control of their economy and their society.
- 42. http://profitableinvestingtips.com/profitable-investing-tips/china-leadership-and-the-peter- principle That is not their mindset and it is why these people fulfill the Peter Principle. Investors beware.