Luc Chatel at MEDEF Universite d’Ete 2008

Share this post:

MEDEF UNIVERSITE d'ETE 2008 I attended a small “bloggers only” interview at the MEDEF Université d’Eté 2008 of Luc Chatel, Secretary of State for Consumer affairs and Industry as well as Spokesman of the Government. Run by Loic Lemeur, the 20 minute interview had few pearls. But two statements that I found of interest (not necessarily novel):

Mr Chatel enjoys using the statistic that in France today, 20 out of the 25 top companies existed in the 1960s. In the US, 6 of the top 25 companies were around when I was born. (As it happens Mr Chatel is my junior by just one day, and was born in Bethesda, Maryland). The point? There is a structural tendency for US companies to be built from scratch via a very a dynamic entrepreneurial spirit. That said, I didn’t capture from Mr Chatel how he ranked the Top 25 (Forbes 2000, Market Cap, Sales…?). Below the list of the Top 25 French (and then US) companies as of end of 2007 courtesy of Forbes 2000, ranked by Market Cap.


France Top 25 By Market Capitalization End 2007USA TOP 25 BASED ON MARKET CAP

Top 25 USA companies based on Market Cap 2007
The second comment from Mr Chatel that caught my ear: “Je ne crois pas dans le partage du travail comme moyen d’augmenter la croissance.” Translated: “I don’t believe in sharing work as a means to achieve greater growth.” Taken out of context as I admit I am doing to some degree, what Mr Chatel is ignoring is the opportunity — and need for — a greater sense of collaboration and cooperation … What of web 2.0 and open source innovation?

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to my bi-weekly newsletter

Subscribe to my bi-weekly newsletter

for exclusive content, insights and eye-opening videos. My promise is to stimulate, educate and entertain. I'll also give an overview of the latest content and alerts about upcoming events at which I will be speaking. You can always find my books on Amazon, including my latest book on leadership, You Lead, How Being Yourself Makes You A Better Leader by Kogan Page.

Thank you! You have successfully subscribed!

Pin It on Pinterest