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Friday, March 28, 2008

1000 Knowledge Persons on LinkedIn

12.10.07 I started the "For Knowledge Persons" group on LinkedIn.

Now it has more than 1000 members. Why?

Here is what people say asking an approval to join the "For Knowledge Persons" group:

"I like to join this group, because without knowledge and knowledgesharing menkind doesn’t grow. Knowledge has begun by people working and searching for new ways of thinking and doing things. After having new experiences, knowledge is rising up. I am such a person too".

"I would like to inform you that I would like to join your group. i am currently working with a leading Sanitaryware manufacturing company of India as a General Manager, Heading there Tile Division. here I have initiated and establishing the entire Division on all India basis.We have entered in Retailing( 9 companies own showroom's), sales through dealers and projects etc.For this we need staff for various fields".

"Please accept my request to be a member of your group. I love to learn, I am always reading, taking classes, studying languages. I enjoy traveling, and working with people from all over the world".


I thank you for your response. Furthermore, I feel honored to be allowed to join this group and look forward to contribute with my knowledge. Please do not hesitate to contact me at anytime".

"Hi Nikolay,

Thanks for the invite I have joined the group and look forward to being an active member!

If i can ever offer any help or input please feel free to contact me".

"Keen to join this group as I am fascinated with emerging technologies and alike"


I would be honored to join and contribute to your group and discussions".

"Dear Sir,

Can you please grant me access to the knowledge group".


As international Executive Search Consultant, I am very interested in joining this group. I certainly can add value to the group and their members".

"Dear Group Manager, dear nkryachkov,

I would like to contribute in the fields of customer support, aftersales, supply chain, logistics, fleetmanagement, sales and life-experience.

Beneficial sharing of opportunities is only possible throughout knowledge".

Thank you, Knowledge Persons!

Tuesday, March 18, 2008

Values without networks

Last time I recollect and compare what was before perestroika, during and after it.

My conclusion is that people can act as if they are in network. That means "who connects whom", "social network analysis", "value networks", "shifting power in networks", "flash mobs", "show me your connections and I'll get to know who you are", etc. are only a part of truth or are not truth at all.

Sometimes people act as if they are organized, but they are not organized by someone. They looks organized due to the shared values. Values can spread themselves through networks - Mass Media or education, for instance, but over time Mass Media and educational networks can be changed or can disappear. People, who had accepted the values may form the illusion of the network - the memory of the past network. Why not consider banking as such the value?

Oddly, but the past may work today. If so, practically it's important to consider any situation with care - it can be a network or a former network, i.e. shared values.

Again and again I am getting back to money issue, not because it's my favorite issue. It's a knotty interdisciplinary issue, which relates to everyone.

Therefore suppose if global debt based banking will abandon Wall Street and find a new home, let's say, in Moscow, how to consider it? A dream or disaster? The same essence is changing its appearance?

All the risks must be taken into account, including that debt pyramid may ruin Russia and not only it over time.

And this is a song from perestroika age, worth to hear and think (poetry by Ilya Kormiltsev, performance by Nautilus Pompilius rock band):

Thursday, March 13, 2008

Only USD or EUR - oil relationship?

Kathy Lien and Boris Schlossberg write in their article "Deciphering the Dollar-Oil Relationship":

"... in May of last year, Kuwait surprised the markets by unhooking the dinar with the dollar. Since then, markets have watched the UAE and Qatar for any signs of a similar move. The main reason why this is happening is because the weakness of the U.S. dollar is driving up inflation and hurting the domestic economy".

"We all know that oil is a political asset. Now couldn’t be a better time for countries like Iran, Russia and Venezuela to step up the pressure to sell oil in a currency other than the U.S. dollar. Just last month, Iran officially opened the Iran Oil Bourse, which trades oil in non-dollar currencies. In December 2007, they stopped accepting dollars for oil. This had a limited impact on the U.S. dollar at the time because the U.S. is by far the world’s largest oil importer and Iran is only the world’s fourth largest oil exporter. If Saudi Arabia made this announcement, things would be different. Saudi Arabia and the U.S. are allies so don’t expect it to announce a similar change anytime soon, especially since the U.S. dollar is already this weak. To do so would be like kicking someone when they are already down. Russia on the other hand is the bigger threat. Back in 2003, Putin openly said that Russia could switch its trade in oil from dollars to euros. In 2006, they officially opened up an exchange to trade oil in rubles. Did it matter to the U.S. dollar at the time? No. So an announcement by UAE or Qatar will not matter for the U.S. dollar either.

None of these factors mattered because oil really trades in only two places in the world – London and New York. Iran’s exchange efforts are a laughing stock because the country has no political clout or economic know how to establish a world class trading exchange. Dubai, however, is different. The emirate boasts some of the fastest growth rates in the world and some of the best infrastructure facilities anywhere. Furthermore, it has made a foray into the exchange business by buying stakes in Nasdaq and LSE. Having been there many times myself, I can tell you that Dubai has been tremendously successful at adopting advanced Western business practices and management methods. If the Dubai Mercantile Exchange (which is jointly owned by Dubai Holdings and NYMEX) were to one day decide to trade oil in euros, the landscape could change very quickly".

"Aside from the fact that U.S. has the deepest, most liquid and most credit worthy capital markets which attract a massive amount of the worlds savings, the other major reason for the world to own dollars is because almost all key commodities from foodstuffs to metals to softs to energy are denominated in dollars. If oil is suddenly traded in euros, why not any of these other commodities? Therein lies the real problem. It’s either a dollar denominated world or it is not. And if we lose our hegemony on the commodity markets of the world the greenback is in even more trouble than we think".

Yes it's true - if oil & gas commodity backed currency for goods & services (not loans) trading will emerge, who will need USD or EUR loan pyramids?

Who knows, maybe he was right many years ago:

Monday, March 10, 2008

Funny Knowledge Person

Two years ago I wrote:

"3. From Knowledge Workers to Knowledge Persons

There are no more borders between work and free time, if to deal with
knowledge. We think even when we sleep. That is why we should have,
create, use and share knowledge not only when we work, but also when
we learn, teach children, consume, vote, go in for sport ... - live.
Networking becomes netliving. Peter Drucker was right when he spoke
about Knowledge Workers. Now it is time for Knowledge Persons".

Now you can see an example at

A reply from the Knowledge Persons group:

"I think that I think pretty much like you. We can see examples all days. Is difficult to find people that can think for his own head each time this person has to produce a decision... Is a pitty... But I think it´s true. If we were aware of this fact we could be much more innovative people.

Thanks for the example".

A reply from the Xing's Helsinki Connection group:

"I was familiar with the term knowledge worker as Saskia Sassen and Manuel Castells described them for instance. Knowledge person is rather new to them and does seem to be uncovered so far by research in any field.

You seem to have moved away from the concept of the knowledge worker and developed your own concept which informs your group/website. How did you come up with that term? What made you decide to choose the phrase?"

A reply from the Value Networks group:

"I have no comments. H eis not stupid nor genius so. Everybody is different.
Some would make times more then him and not bored by sleeping some 1/4 with
hard work. Only ratio of added value counts for myself.

Wish him luck"

What do you think?

Sunday, March 02, 2008

"It's splendidly"