Covid was a shock to the economic system that has created a significant and dysfunctional imbalance between demand and supply. In a growth at all costs world, cheap debt is critical to consumer confidence. In this world where supply is limited, growth doesn’t mean innovation or more goods and services. Growth is channeling capital into existing goods and services thereby creating a unsustainable...
There is so much incentive in business to focus on “growth”. But in these chaotic times, consider a different word…”Evolution”. When we focus relentlessly on growing our business, we lose sight of change and the risk is that we don’t have the right model and form to thrive in the emerging environment. To grow implies “growing” what we already have in play. This approach works well when...
Our economy is unsustainable in a world where pandemics are common place and business disruption is business as usual. Our workforce culture is so highly financially leveraged, most families have no choice but to work five days a week and squeeze life into the free moments. This population control is managed by two debt levers, property and tax. The masses cannot sustain surplus saving and...
Looking beyond the future of jobs, we find a place where little jobs exist. The thought of a life without employment scares many of us today because that it is all we have known. Life has been gamified by the creation of tokens in the form of money. This game has been fun and not so fun to play. Yet it has given us all something to do. It has given us status and meaning. You can say when asked...
It seems to be quite a challenge that lies ahead. The job summit idea raises some interesting consideration about what what can be done to assist the businesses that make up the economy to survive and retain jobs. Here is a few thoughts about how I would approach it structurally. Firstly, I would define the various levels of the economic environment that we need to assist. After all if...
What does it take to start from scratch and still be operating in five years time. I love listening to the latest business experts and promotions. It seems the ultimate answer to succeeding in New Zealand through business changes every year. Without doubt the latest catchphrase used by government and business authorities is “innovation”. Be innovative. Do things differently, try new ways to...
Gather the best people and get them involved. You need to get answers from qualified people. Share and make your goal a win for many. If you vision is great then there will be plenty of reward to go round. Make your vision great, if it doesn’t inspire you then it’s not worth doing. If it doesn’t inspire you it won’t inspire anyone else. Consider doubt logically. Deal with it appropriately and...
If your business was a machine, the defining moment of success would be the moment that the machine could continue to operate effectively on its own without your maintenance. Every component was empowered with the resources and the will to continue its purpose according to the vision of the grand purpose. Every autonomous function is created with self sustainability in mind and the awareness of...