- Hardcover: 352 pages
- Publisher: Harvard Business Review Press (February 7, 2012)
- Language: English
- ISBN-10: 9781422131688
- ISBN-13: 978-1422131688
- ASIN: 1422131688
- Product Dimensions: 6.2 x 1.2 x 9.5 inches
- Shipping Weight: 1.3 pounds (View shipping rates and policies)
- Average Customer Review: 11 customer reviews
- Amazon Best Sellers Rank: #1,734,552 in Books (See Top 100 in Books)
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Standing on the Sun: How the Explosion of Capitalism Abroad Will Change Business Everywhere Hardcover – February 7, 2012
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insightful look at how the information economy is reshaping companies and economies” Bloomberg BusinessWeek
"An imaginative masterpiece! This is the most complete and creative book I know on how the world economy is changing and what it means for the strategies and tactics that leaders all over the world need to implement. Reading the book is a compelling journey, as Meyer and Kirby first explain the key features of the new capitalism that is emerging around the world and then provide advice for businesses and leaders in this new world." Bob Sutton
Standing on the Sun is a powerful way to describe and look at what’s happening in our global economy and the world of capitalism.” Forbes.com
extremely well written and researched book” Business Traveller
It’s a revelatory romp through this economic and cultural moment with powerful implications for any leader wrestling with the crucial questions of our day: what is business for, how do we create value and what does it mean to win?” Management Innovation eXchange
Standing on the Sun delivers on the promise of giving businesses a whole new way to look at the system of capitalism. You can agree or disagreebut you should definitely read Standing on the Sun to find out where you stand.” Small Business Trends (smallbiztrends.com)
Excellent new book.” The Financial Times
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Standing on the Sun is a whole book, rather than the simple a poem I penned, to make the same point. The title is derived from the comment made to Meyer by Richard Morely who stated that "In order to see the solar system as it is, Copernicus had to be standing on the sun." What he was stating is that one needs to take a new perspective in order to break out of the old model, the old way of doing and seeing things. And indeed, Meyer delivers on the promise of the title in this well written and entertaining book.
Meyer makes the case for how capitalism evolves and is evolving into something new. He then goes about explaining how it is evolving and gives hints as to where it might be going. The reader is challenged to make the difficult mind shift of "standing on the sun" at the end of each chapter to see how a new perspective gives insight into how and why capitalism is changing because of the growing global economy and cultural effects on business.
He points out that there are three current developments that have the power to accelerate evolution of capitalism; cloud computing, mobile devices and the "internet of things." When it comes to cloud computing, Meyer claims two subtle affects: cloud computing lowers barriers to innovation and it provides real "Web 2.0" value to applications. Mobile internet devices are important because they represent a tipping point in the world's access to shared information. The "internet of things" is important because the networking of appliances, the use of RFID tags and other sensors, inanimate become collectors and distributors of data.
Regardless of how we might feel about the "evolution of capitalism," Meyers makes the case that it is in fact a reality that capitalism is evolving due to exposure to so many different cultures. As Meyer states, "If the leaders of China are ready to see what works, to call it communism, and move on, the West should be equally wise. The world economy is going to be less about competition, more about innovation, less about individual people or companies, more about groups and ecologies, and less about concentration of power and wealth and more about sustainable social systems. This is hard to see on the ground, but quite evident on the sun. Capitalism will adapt, with us or without us. Whatever works, let's call it capitalism and move on."
If we want to be ready to innovate our products and our business models, then we have to acknowledge that things are evolving and be ready to "Stand on the Sun."
First, I should explain my motives. I am simply a lower level manager in a large multi-national US based company with 3 sons who will soon graduate from college. Over the past 12 years I have watched globalization change my company, our clients, our competitors, our industry and even other industries. Some have thrived during this change, while others failed and no longer exist, but most of us just seem to "react to the change" and manage to survive. For nearly a decade, I have been reading books, news stories, or blogs with globalization as the subject, but I could not figure out what was driving these changes. So, that left me reacting to globalization without understanding -- and just surviving like almost everyone else, but still concerned about how to prepare my sons for the future global economy.
This book has distinct sections to describe characteristics of capitalism and others on capitalism as implemented in other parts of the world. At the start, the authors metaphorically use environmental impact on biological systems to explain changes in capitalism. In the other sections, they describe capitalism as implemented in 4 emerging economies around the globe. The authors executed this very well in their writing style and their content. While I disagree on some minor points, the rest of the authors' material does help me understand the future of capitalism. So, I strongly recommend this book, even if it is just to explain to your kids what to expect when they join the workforce with us.
The book is written in such a way to construct their point of view as building blocks making the reading so natural.
Such a pleasant reading. Thanks and congratulations to the authors.