Showing posts with label economic slowdown. Show all posts
Showing posts with label economic slowdown. Show all posts

December 16, 2011

At The Heart Of Every Labor Negotiation



"From each according to his ability, to each according to his need."




Karl Marx
19th century German philosopher/political economist

What if anything do you think this 1875 quote has to do with economics in the world today?

What about your business?

Don't know, don't care?

You need to, you REALLY need to.

November 11, 2008

Recession Management: Now More Than Ever, Out of the Box!


"Anyone who lives within their means suffers from a lack of imagination."

Oscar Wilde
Author/Playwright/Poet



Because Wilde was in the arts I am sure he wasn't thinking about business when he said that. Still with some paraphrasing it does apply particularly in these difficult times.


How about "Anyone who continues to conduct their business as they have in the past suffers from a lack of imagination."


Of course there are those who would say this is no time to be imaginative given all the uncertainty that exists but when hasn't that been true? We have at least mild recession every 5 to 10 years so sooner or later we will have to manage in less than stellar economic conditions.


Since so little is known about where our economy is headed, now may be exactly the right time to rethink all aspects of our business.