Is the glass half empty of half full? Is the current recession an opportunity or a catastrophe? Depends on your perspective. And for those with an optimistic spirit, the Recession sparks new business ideas. What do Disney, McDonalds, Burger King, Procter and Gamble, Johnson and Johnson, and Microsoft have in common?
They all started during a recession or depression, that’s what!
Everyone ‘s falling about with worry. The recession has us all cautious about spending more money than we absolutely have to, taking on new staff, renting more premises or bringing in too much product in advance.
I spoke last week to a teacher whose husband’s employer was dealing with the recession by avoiding making excess stock, but taking real stock of staff training needs and using the down time to cater for them. At a time when training budgets are being cut along with everything else, I was dead impressed at the far-thinking of an owner killing two birds with one stone, as it were, by developing his existing staff at the same time as keep unnecessary production down. But, how else can businesses survive? Continue reading “Recession Survival”
Breaking news – Gordon Brown has become a personal development guru! I’ll have to watch out for my customers…
In Cutting the Crap of Recession-Speak (Part 1) I contrasted the advice of entrepreneur Sir David Tang with our Prime Minister Gordon Brown. Tang urges small-but-optimistic thinking, whereas Brown preaches a kamikaze imprudent doctrine of spend, spent, spend.
Now it seems that Gordo has got on message. For this new attempt to harness positive psychology in the name of politics, see Brown warns against ‘pessimism’. But even here, he can’t resist the use of that histrionic, grandiose language that may well be one of the causes of the recession in the first place! For instance, he claims that the economic crisis should be treated as “the difficult birth-pangs of a new global order”. I find this kind of overtly Orwellian language disturbing. Continue reading “Cutting the Crap of Recession-Speak (Part 2)”
I’ve blogged before about these strange use of words in Cutting the Crap of Recession-Speak Part 1 and Part 2. Luckily enough, I train businesspeople in the skill and strategy of optimism as an aspect of Emotional Intelligence. So I can say a few things about it.
I’ve just read the best article yet only article worth reading on the current recession.
I’m no macro-economist, so I’ve found it hard to follow some of the more technical melodramatic discussions so beloved by the media. How did this global economic tsunami downturn come about? An over-inflated property market? A housing crisis? Banks too eager to lend? Stock market greed and irresponsibility? Premiership footballer wages? Or – my opinion for what it’s worth – is it part of a natural cycle? Continue reading “Cutting the Crap of Recession-Speak (Part 1)”
The BBC and Workology, among others, have taken up the news of the British Chambers of Commerce July announcement – UK in ‘serious ‘ danger of recession. Chamber Online expressed concern that business taxation might rise, squeezing an already thin profit margin, borne out by falling cashflow levels in the services and manufacturing industries. That, added to the slowing up in house sales is making all of us decidedly twitchy… Continue reading “Are Storm Clouds Gathering?”
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