In his weekly address on January 29, 2011, the President reiterated that “America will win the future by out-innovating, out educating and out building our competitors.” The challenged faced by America - and American business - is not just to innovate, educate and build/construct, but to shift our mindset from being better than our competitors to becoming effective mentors; allowing our innovation to fuel growth in other nations (and businesses) so they can become better competitors.
I think this shift serves Americans (and American business) well for a few reasons but primarily because the competition will force us to be smarter and because our help will work to reduce the negative press we as a people get around the world.
If the opposite of growth is contraction, the alternative to innovating for others is obvious. And who doesn't benefit from the challenge of thinking of others?
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