View the full transcript and accompanying visualizations at ceoslibrary.com.
🤯 Is your mental map of the business world dangerously outdated? What if the core principles you rely on – shareholder value, the nature of capital, even the definition of a 'corporation' – are leading you astray in the 21st century?
Join us on CEO's Library as we unpack John Kay's provocative masterpiece, "The Corporation in the 21st Century." Kay argues, compellingly, that *almost everything* we think we know about business is wrong. We're using old maps for a radically new world. 🗺️➡️🌍
Discover:
* Why giants like GM and Sears crumbled, and why today's tech titans might be next.
* The surprising truth about "shareholder value" – potentially the dumbest idea in business? 🤔 (Even Jack Welch eventually agreed!)
* The *real* source of competitive advantage today (Hint: It's not factories or machines).
* How to harness the power of "economic rent" ethically and effectively. 💡
* Why understanding "Capital as a Service" and the "Hollow Corporation" is crucial for your strategy.
Stop navigating with obsolete tools! This episode delivers actionable insights to help you ditch flawed models, understand the true drivers of modern success, and build resilient, value-creating organizations for *this* century. Essential listening for forward-thinking CEOs, leaders, and entrepreneurs. Don't get left behind! 🚀📈
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