Stockholm School of Economics

Karaoke Capitalism

Managing for Mankind
Kjell Nordstrom, Jonas Ridderstrale

The authors, Kjell Nordstrom and Jonas Ridderstrale, develop their ideas expressed in "Funky Business". However, the tone has changed. The former optimism and swagger, almost impertinence, have disappeared. Here is what they say:
"In the world of karaoke capitalism there is endless choice. But this costs. You can pay either in cash or competence. Inside the karaoke club regions, companies and single human beings face the ultimate choice: copy the others or create your own future. Benchmarking and best practices will merely get you in the middle. Don't imitate - innovate!"
However well you can imitate, you will never manage to succeed that way. Real innovators always beat imitators, and you have to resolve your problems by yourselves, not copy other people's solutions.

References

"If you loved Funky Business as much as I did, you'll love Karaoke Capitalism. Weird? Most certainly. Different? Most definitely. But, if you want to re-imagine your organization and your career itґs a thought-provoking place to start."

Tom Peters, management guru and author of "Re-imagine"
and many other fine management books.