Showing posts with label financial meltdown. Show all posts
Showing posts with label financial meltdown. Show all posts

Friday, November 21, 2008

Tom Peters Still Thrives on Chaos


Just got my Inc. and Wired magazines, will look forward to reading over the Thanksgiving Holidays....

I was perusing Inc. and there was a quick snippet at the bottom about Tom Peters. He is best know for dishing out advice during business and economic downturn and disarray. Mmmm, sound familiar??

He published In Search of Excellence: Lessons from America's Best-Run Companies during the severe 1982 recession and he published Thriving on Chaos on 1987's Black Monday.
His blog is TomPeters.com.

Want to know how to thrive now in these economic times, then read more history.
Here is a little excerpt about thriving in these economic times:
Instant, mindless cutting of R&D or training or salesforce travel in face of a downturn is often counterproductive---or, rather, downright stupid. Tough times are fact golden opportunities to get the drop, and the longterm drop at that, on those who respond to bad news by panichk across-the-board slash and burn tactics and moves that de-motivate and alienate the workforce at exactly the wrong moment.

Tuesday, November 18, 2008

Top 3 Money Attitudes of the Financial Meltdown


I just read this on The Boomer Consumer Blog....


"a new era of thrift, security and financial responsibility." This campaign is especially significant because it was based upon months of consumer research that identified attitudinal trends that were gathering strength before October's financial meltdown. Among SunTrust's conclusions:

  • Nearly 80 percent of those surveyed would rather be envied for spending wisely than for spending freely
  • 83 percent believe it's not about how much money you have, it's about what you do with the money that you already have
  • Eight in 10 believe that while having more money won't necessarily make you happier, feeling in control of the money you have will increase happiness