The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
Strong managers who make tough decisions to cut jobs provide the only true job security in today`s world. Weak managers are the problem. Weak managers destroy jobs.
My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don`t have to manage them.