Jack Welch – “Red Flags for the Decade Ahead”

(from Business Week — The Welch Way Podcast by Jack and Suzy Welch)

In this podcast, Jack and Suzy point out three future issues that are currently overlooked:

  1. Future of family business (Wealth Preservation VS Wealth Creation; Succession issues with longer life expectancy and 2nd rate successors)
  2. Lack of management in developing world (i.e. Money is where Management is. (and vice-versa))
  3. Corruption in emerging market (We should get rid of it in the coming future, for the benefit of all)