The (credited to) Chinese saying, “May you live in interesting times” was once reframed by a colleague of mine. He suggested, “May we live in less interesting times.” His statement was made years ago in yet another major economic downturn. Today, we are living in the turmoil of economic inflation as well as civil unrest,
At least in the United States we will soon be kicking off the Holiday Season with all the craziness it brings. Starting with the US Thanksgiving, followed by Black Friday (often practiced the entire month of November) many will prepare for Santa Claus then on into the New Year’s celebration. Many religions have holy days
First it was Covid-19 and now a Recession? Is a Global Military Conflict on the Horizon as well? Social, economic and personal pressures continue to mount. There is already evidence of Reductions in Force, (RIF) aka layoffs are underway or planned. With consumers stretched to the max, higher interest rates, equity markets in retreat and
This pundit and his firm have long been proponents of building organizational cultures that provide firm the capability of adjusting to ‘events on the ground’ quickly with strong Situational Awareness. Moreover, when adversity raises its ugly head, the response of a High Reliability Organization enables the resilience to adjust and go forward. Finally, stakeholder value
On October 8, 2021, we posted the blog, Welcome to the 70s–Again! The point that the awful economy of that decade could return. It seems that one year later, those comments have come true. Many are now freely comparing out contemporary time to that period before most adults were born. This Baby Boomer graduated from
Update: Just after we published this edition, Goldman Sachs released this comprehensive research piece; Stagflation Risk. Recently, one media outlet raised the suggestion of government price controls. Generally, seen as a bad idea, none-the-less in this inflationary environment, some may perceive value from an action of this kind. Additionally, in the current environment some politicians
Will gas lines return? Recent geopolitical events have driven the price of gasoline sky high–again! As of this writing it is difficult to say where this will all lead. What is known is that the cost of all things related to petroleum have significantly increased and may go even higher. According to the U.S. Department
As of this writing, the situation in Ukraine is fluid at best. Many see the Ukrainian people as heroes winning against all odds. Other pundits predict they will be overwhelmed in the near future. History suggests the later is a premature prognosis. In the 1940’s European resistance played a major role in the defeat of
Readers know that as of this writing there is geopolitical and military tension in eastern Europe. Hopefully, the situation will resolve peacefully. This piece is not about those politics. Rather it is about the potential for accidental engagement and how that risk can be mitigated. President Kennedy is famously cited for the comment that referred
Who among us have not uttered these words as a child or for those who are parents heard them? Usually in the context of a trip in an automobile, but perhaps now in our journey to the next . . . Society is on a number of interconnected journeys. Most visible is the Covid-19 transit
This Baby Boomer graduated from college in 1970. Just in time for Saturday Night Fever and Grease, Avocado colored refrigerators and Harvest Gold dinnerware. Plus, the best friend a then bachelor ever had–the microwave oven! Not to forget the Gasoline Lines and Hyper Inflation, Vietnam, Peace/Race Protests/Riots, a Major Recession, Stagflation and other wonderful (not)
