I’ve met with several other business leaders in the last few weeks. To a person, they say their greatest challenge is staying encouraged. With the economy the way it is—and no end in sight—it is difficult for leaders to remain optimistic. How can you keep your spirits up in a down economy? Here are seven suggestions.
Archive for economy
Today, was a very difficult day at Thomas Nelson. We informed fifty-four of our friends and co-workers (about 10% of our workforce) that we have eliminated their jobs, effective this Friday. This will affect nearly every department in our company.
I watched in amazement this week as the stock market continued its downward slide. Every time I checked the news, I braced myself for increasingly dire reports. When the market finally closed on Friday afternoon, I breathed a sigh of relief, thankful that the DOW did not end below 8,000 points.
Even though my financial worth had been decimated by the events of the last three weeks, I realized that nothing could touch the things that are most valuable to me …
In the Western literary tradition, the silver bullet was the only weapon that could destroy certain types of monsters. As a result, it became a metaphor for a singular solution that solves a giant problem.
I think in large part you get what you expect. If you buy into the assumptions that we are in a recession, consumers aren’t buying, retail traffic is off, and books aren’t selling, then guess what? That is probably what you will experience. Call me a incorrigible optimist, but I am not buying it. I believe in growth, and I am planning for it.