The quiet quitting party is fun but do not wake up in redundancy.

In 2023 there is a business divergence with the “quiet quitting” movement of employees and “potential downsizing” in companies. Beware of the discontinuities that will cause much more trouble than this.?

In the post-Covid era, we started to get familiar with unhappy employees feeling trapped and burnt out in their daily working routines, hit hard by digital transformation. On the other hand, we face supply and chain issues, the excellent inflation wave, and a considerable mass in the globalised World Order.

These triggering events are disturbing the welfare of the working class profoundly. And the companies, too. I have never experienced an indistinguishable situation in my entire career. Any crisis had not even been close to what we may be heading into. This change in the system is a breakthrough! A perfect form of the discontinuity. And it is happening now!

Any crisis had not even been close to what we may be heading into.

The World globalisation movement is coming to an end after 75 years. The growth years, as we were all born into, are coming to an end in the way we have gotten used to. The World powers are shifting their strategies for the post-globalisation era. The monetary policies are changing, and it seems like we will have higher costs of living and supply chain disturbances for many years to come.

In such an ambiguous disorder, many companies started questioning their business models and financials, mainly challenged by their investors and shareholders.

We drifted into the “subscription economy” during the pandemic. The festive of startups was already at the stage in the last two decades. The playbooks were on rapid growth rather than financial returns. There were hungry angels, venture capitalists and all sorts of seed capital providers in every corner with easy access to massive amounts of cheap money. It seems like the old growth days -the last days of Pompei - are gone!

The investor’s appetite is now getting off the table with a handful of central banks’ seasoning and rising interest rates! Farewell to the beloved abundance of funding, and welcome to the call back of the money. Tighter budgets, preserved capital, efficiency strategies, and beaten leaders with uncertainty. Indeed, the boardrooms are wildly attacking the leadership for more efficiency, which leads to more cost cuts in companies.

I would not even argue about the massive possibility of redundancies.

I believe you are following the news and are familiar with the latest pivots in the fastest-growing companies’ strategies. You name them!

Also, watch out for the latest selloffs in capital markets worldwide. We have never been here before. Not only the financials but the human capital of corporates might be impacted in the years to come.

I would also not argue about the bearish capital markets ahead.?

No room for mediocrity.

Humanity is entering a new era in the 21st century. There will be a post-globalisation disorder for a few decades before we take a leap as degrowth societies. In this transitionary period, 2023 may be the most challenging year as it is the beginning of the new normal. Most people, predominantly urbanised souls, need to learn how to think, behave, and act in the new localisation game. This transition started in 2020, and the pandemic was not the main reason. We were already at the end of the globalisation order. Covid19 is just an accelerator. The real reason is the unsustainable growth-driven world economies and the ageing world population. The West has lost its agility, the East has fallen into debt, and the US has decided to quit being the World’s bodyguard. Now we must wait until the dust settles. And it will not be possible in the following couple of years; I bet for at least five years ahead. Even after five years, we will still be lost in transition, and the World New Order will not be in place for the following decades. Please pencil in my optimistic resurrection date, 2050.

Until then, we are left with the passages from the Book of Revelation. (You do not need to be a Christian, but I assume you know the Holy Bible.)

Guys, we are about to face one of the most challenging times in modern history. To be precise, since 1945. And neither of us has an experience in the post-globalisation era simply because we have not seen any yet!

This brings me to my topic: There is no room for mediocrity in these transitionary times.?

Beware of the difficulties.?

There is nothing wrong when you seeking autonomy, mastery and purpose at work. But you get success at work if you offer value in return.

You create value either by solving problems (in this case, they will be more difficult) or by your time and physical effort. Mind or body!

Large corporates are looking for cross-border human talent and are willing to pay high compensations. At the same time, truck drivers or farm workers are also in shortage.

You have two options:

1. Have a mafia offer for your boss that he or she cannot refuse.
2. Start to make doughnuts every morning at 4 am in your company bakery.

Yes, it means, you must deliver relevant value to your employer in solving business problems. (Entrepreneurs may take this as value delivered to clients!) Or shut up and move on!

The World economies are about to deal with higher prices, fewer customers, less money, and confused politicians for the following five years, at least! How do you expect the companies will decide on human capital?

It is a heartbreaking farewell to that abundance-, convenience-, and growth-oriented years. Of course, also to the companies of global order. We are talking about extreme uncertainty here.

I would consider myself lucky if I had a job and financial security.?

What next?

Since we are in uncharted territories, the pace of learning will be a strategic advantage in the coming years. The long-term planning and staged outcomes, valuable skills of the growth era, do not perform well under extreme uncertainty. There is also no room for perfectionism in highly uncertain times. Quantity beats quality! Actionable small steps are more important than perfection. We will outlearn the competition to have a strategic advantage, but this time, not for the sole purpose of growth.

We will learn to live in degrowth societies with different skills and habits. We do not know any of them yet!?

I will take it from here in the next episode...

Meanwhile, you may reach me at MAVITUNA & Co