Sometimes we forget that many folks…older than we…have a different perspective on today’s events because they have seen it before. For some its too much and they retreat into the bah humbug, here we go again, ingrown eyeball world. Forget those guys...its the ones who tend to take advantage of their wisdom, and see the 'sunlight above the clouds' that I really enjoy spending time with.
Last night I had the privilege of chatting with a friend’s father who is a retired executive from a fairly well-known foods company. He definately falls into the latter category. Our discussions quickly landed on the hot topic of the cold business climate, namely the lack of jobs creation.
The battle-tested executive opined the difference between company ‘growth’ and ‘profitability’ and how one overshadows the other as companies sail among today’s economic whitecaps. Profitability is what organizations seek now above all other strategies. But shortly boards will decree ‘Yes, profits are holding because of cuts and reorganization…but how are you going to GROW our business?’
That one comment made me sleep easier. Regardless of single or double-dip recession trends, I was reminded that the over-reaching Wall Street temperament will drive growth and in-turn create jobs. And as always, it will be the companies with genuine confidence, innovation, and guts who lead us out of this. Not ones that are laying-off risks, hunkering down, and refusing to buy coal to warm Bob Cratchit’s feet.
Response: ExpandedI like this website so much, saved to my bookmarks. "Nostalgia isn't what it used to be." by Peter De Vries.
Response: InsightPerfectly written articles, regards for entropy. "The last time I saw him he was walking down Lover's Lane holding his own hand." by Fred Allen.
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