Check out this chart! What I find interesting is that the one-week view of the Dow Jones Industrial Average looks very similar to the six-month view. The chart shows a slow decline, then a cliff, then a slow decline again. The down trend looks at first glance to be very similar.
Some conclusions:
- All data must be read within a larger context.
- Patterns are clearly repeating.
- The trend appears to be downwards.
- Have we hit bottom yet? Tell me when you figure that one out!
Check out the below video about the credit crisis, what caused it, how it is escalating and what the connection is between house owners, brokers, bankers and Wall Street.
Even if you understand the dynamics of the crisis, this video can help you to explain it clearly to others.
With the pace of change accelerating at ever increasing rates, the world is becoming more and more stressful. How we cope with change and the resultant stress has a huge impact on our quality of life and our work performance.
Executive burnout is a direct result of an inability to cope and is a major cause of lost productivity, as is employee absenteeism and medical leave. Many high-performance people focus on one or two primary areas of life and neglect the other areas. This leads to imbalance, stress and unhappiness. Eventually, stress in one primary area of life will impact our performance in all areas.
Think about it… how can you be wired up in one area and not have this “creep” into other areas?
What would happen if our lives were optimized in all areas and fully integrated? What would happen to our quality of life and our performance?
It is time for some Corporate Reinvention!
The most common reason why most corporations only achieve a fraction of the possible potential available to them is the lack of a worthwhile, meaningful, inspiring and compelling vision that magnetizes and motivates the entire organization. Many of the vision statements hanging in the boardrooms are old, out of date, not well communicated and uninspiring.
This is especially true in times of economic recession.
Corporate Reinvention is about refocusing, reorganizing, reframing and redirecting your organization. And the most important component of any organization is the VISION. Next is aligning the people, marketing, systems, policies and procedures behind the vision.
How do you do that if your organization is in a crisis that is threatening its survival? Do you really have a choice?
Reasons to consider engaging in a Corporate Reinvention process:
- You are not achieving your goals
- The industry has changed, margins are down, competition is fierce
- Economic crisis, sales are down, financing is scarce
- Acquisition/merger with another organization requiring complete restructuring
- Dramatic changes in your product or service due to technological developments
- International expansion
- Downsizing of the organization
- Reorganization, sale or IPO
- New CEO, board or senior management
An inspiring vision should infuse passion, engage the hearts, minds, bodies and souls of the people working within your organization, your clients, your suppliers and your shareholders. Every person should know what the vision is and how their daily activities contribute to the vision.
Dealing with unwanted feelings can be a very tricky thing. It can often lead to upsets and a lot of unhappiness in relationships between people.
The purpose of this article is to provide some understanding of feelings, their purpose in our lives, and to provide a guideline for expressing one’s feelings in an appropriate manner.
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In today’s competitive and fast paced world, our most precious assets are our people, our relationships and our time. Most executives and professionals are familiar with W. Edwards Deming’s concept of optimization and fine tuning a system to achieve the optimum output and results.
Few people apply the concept of optimization to their lives, people strategies, systems, policies, procedures, marketing and management practices.
Leading a team of people in today’s highly competitive, technologically sophisticated and connected world is very different from the command and control style prevalent in the preceding centuries.
Intangible assets such as people, know-how, systems and intellectual property are valued at many times more than tangible assets. Traditional management training and methods are severely lacking in “people knowledge” and an understanding of a world that is more and more intangible.
A new style of leadership is required for the new paradigm economy of today and the future.