Saturday, September 30, 2006

20 Year Complacency

I was preparing some materials for an event that I am speaking at next week (download the brochure here) and realised that we are possibly heading toward another period of complacency in the UK.

In the 1950's, there is a lot of historical evidence about the fact that UK industry were complacent about the impact that the rising quality and productivity of Japan would have on us and in the 1960's/70's it killed off our motorcycle industry (for all intents and purposes) and a lot of our electronics and automotive industry as well.

In the 1970's we were complacent about the Asian revolution, joking about the quality of what they were capable of and in the 1980's and 90's they stripped our manufacturing and are now advancing on our service industries.

In the 1990's we were complacent about the rise of China saying they would be become the 'low cost but low tech' outsourcing centre of the world and today they are encroaching upon our high tech industries and sectors.

As we move toward the 2010's, I am beginning to wonder whether we are facing another period of complacency in the UK....perhaps because of the impact of Eastern Europe, the BRIC nations (Brazil, Russia, India & China) or even the Middle East or Africa - maybe it will not happen at all but history seems to be against us on that!

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