The current economic recession has been made more difficult by the fact that the preceding period of prosperity was so long. Most of today’s workers and many of today’s leaders have never known economic hardship, so they’re not sure how to handle today’s economic struggles. Think about it. Today’s 40-year-olds have spent most of their careers watching their investment values go up. When the market crashes, credit freezes, and demand plummets, they don’t know what to do.
Unfortunately, those who have the experience to lead in these times have disappeared into retirement. We need them back! Many of today’s business leaders are desperate for the experience of the very people they replaced.
With every economic disruption, some markets decline (because they’re no longer needed), and some markets rise. At this time, the market for experienced leaders is rising fast.
Tags: experience, leaders, Recession, retirement
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on Thursday, January 28th, 2010 at 9:15 am and is filed under Commentary.
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The Need for Wisdom in a Time of Crisis
by AdvisorCatalystThe current economic recession has been made more difficult by the fact that the preceding period of prosperity was so long. Most of today’s workers and many of today’s leaders have never known economic hardship, so they’re not sure how to handle today’s economic struggles. Think about it. Today’s 40-year-olds have spent most of their careers watching their investment values go up. When the market crashes, credit freezes, and demand plummets, they don’t know what to do.
Unfortunately, those who have the experience to lead in these times have disappeared into retirement. We need them back! Many of today’s business leaders are desperate for the experience of the very people they replaced.
With every economic disruption, some markets decline (because they’re no longer needed), and some markets rise. At this time, the market for experienced leaders is rising fast.
Tags: experience, leaders, Recession, retirement
This entry was posted on Thursday, January 28th, 2010 at 9:15 am and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.