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The Electronic Recruiting News is a Free Daily Newsletter For Recruiters, HR Managers, Advertising Agencies and Clasified Advertising Operations

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    De Central

    (June 21, 2002) - John Robb's essay "The New Economy"  was published in mid-May. It's interesting to see the experience of an entrepreneur generalized into a political perspective. A military pilot and researcher by trade, Robb's immersion in a profoundly bootstrapping company (both technically and financially) combined with the military "can-do" sensibilities make him an attractive spokesman for the notion that economic sluggishness is somehow someone's fault and that a price will be extracted as a sort of karmic punishment.

    Things are decentralizing. Things are simultaneously centralizing. The power of decentralization is clearest to those who benefit most from it. The same is true for the forces of aggregation.

    It's hard to see our economy clearly. Small companies, the backbone of everything, have always been the backbone of everything. The small business owner knows this even while the bureaucratic functionary in a large organization lauds his security and compensation over the head of the entrepreneur.

    Small businesses create capital that is given to banks so that large companies can multiply it. Like lawyers, large organizations are risk mitigators, whose challenge is not creation but maintenance. This is a task that small operations routinely fail at. Small organizations make large gains possible. Large organizations thrive on the incremental.

    If you asked the supposed 'culprits' at the homes of the various scandals what in the world they thought they were doing, you'd most likely hear something like "we were trying to be less risk averse. We were trying to instill the principles of entrepreneurial strength into our organizations."

    It's the paradox. Big organizations have their purpose and we need them. Little organizations have their purpose and we need them as well. What we don't need is one acting like the other.

    Corporations cannot lie. They are not people. People lie. Worse still, people delude themselves and believe that they are doing the right thing (remind me, at some point, to tell you about my theory that evil is the aggregate effect of any group with good intentions). This is nothing new.

    What is new is the broad spectrum of possibilities that have opened up for those of us who are willing to risk our lives and livelihoods on the bet that we can create better than we will be given. We take responsibility for things beyond our control and make them into realities. There are more of us. We have ever better tools.

    We're pioneers in the heartiest of American traditions. Where we're headed is unknown. After we've been there a while, the one thing you can predict with some certainty is that big organizations will follow. The risk will have been mitigated.

     -John Sumser

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    Materials written by John Sumser © TwoColorHat. All Rights Reserved.
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         Materials written
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         © TwoColorHat.
         All Rights Reserved.