Sarkozy displays his eagerness to “invent the future” and his ability to look for solutions outside normal channels in his recounting of a story that occurred when he was finance minister. Given a memo stating that Alstom, a French company then in dire financial straits, was to be purchased by Siemens, (which would have resulted in 25,000 French jobs disappearing), Sarkozy insisted that “the young and brilliant drafter of the memo rewrite it, this time taking the time to imagine what he would have written if his own father had worked for Alstom.” After restrategizing and rethinking, negotiations led by Sarkozy saved the company and the jobs.
Describing an attitude common among entrepreneurs, Sarkozy tells his readers that “One of the reasons for our tendency to stand still is that we wait for the perfect solutions before starting to act. This is useless, because nothing as a result gets done. ….. trying, experimenting, taking the local pulse, reversing course if things aren’t working and moving forward if they’re working well.” While it might not be best to reverse course, but to instead move sideways and rework, the idea of forward movement is exactly right and what enables companies such as Google to continually innovate. The focus is on faster iterations and reinventions rather that waiting until the product is perfect.
Yet, what applies in the corporate world does not always translate into government. Administrations are often forced to decide upon issues rapidly – sometimes too rapidly. Some might say the recent performance of the Bush administration provides support for Sarkozy’s belief that “Being in the government is probably the worst place in the world to think.”
Sarkozy mentions that the French people must work harder to create a better future. He describes the damage done by the current 35 hour work week, which was instituted a few years ago by the Socialists. Instead of advocating getting rid of the time limit, Sarkozy ingeniously argues for making all overtime income tax free in order to incentivize more work so that “by working more we will create more jobs.” Sarkozy insists that “in this new France, work, effort, and merit will pay off.” These almost sound like traditional American thoughts, valuing a strong work ethic.
Amazing that the a country known for incredible bread, wine, cheese and a leisurely lunch has decided that more work for a better future is a good idea.
The book ends with: “To all of you, I say: anything is possible if we work together.”
While “Testimony” might not make me want to move to France, it does make me want to visit Paris and see the impact of the new administration.
Sarkozy’s strategy of trying to “convince the French and, by taking action, restore their hope” appears to have been successful so far. He has taken the first step of persuading his countrymen to elect him. It will be interesting to see if he now can energize the French people to work harder, take action, and regain their hope.
The world is watching, mes amis, we wish you well.
Democrats Remain Silent as Obama Economy Kills Jobs, Freezes Wages Amid More Layoffs to Come | Donald Lambro