The NESACS Blog
From the Northeastern Section of the ACS, focusing on career management and development
Categories:

Archives:
Meta:
June 2018
S M T W T F S
« May   Jul »
 12
3456789
10111213141516
17181920212223
24252627282930
06/30/18
Economics of the chemical enterprise. 5. Moat Nation of Steven Brill
Filed under: Recent Posts, Interviewing, Position Searching, Networking, Mature professionals, Post-docs, Legal matters, Observ. Trends, Undergraduate majors, Alternate Career Paths
Posted by: site admin @ 7:08 am

Steven Brill outlines the changes that have occurred
triggering the financialization of the chemical enterprise
that we have highlighted through the work of Rana Faroohar 

.
Brill points out that business today has taken on a new meritocracy
with a “get rich quick” philosophy that works through cut-throat
tactics  and the flooding of political influence money that no 
longer prioritizes the common good, but “win at any cost” for
the privileged few.
.
The resulting model finds successful businesses protected by
“moats” that shield off predators.  Moats he describes as good
product lines, great reputations, predominant market share and 
sterling management who hire the best of the best teams that
savvy investors will seek out. 
.
More and more we see AI and robotics impinge on human
roles.  So in addition to seeking cognifying roles in our careers, 
consider what John Meacham has urged
  - do practical work in the political sphere employing your highest
principles
   - respect and insist on true facts and deploy reason (avoid 
dictators who lie frequently assuming that repetition will lead to
concurrence)
   - keep history in mind.
.
Just doing chemistry is not enough for professionals.


1 comment