Recession, Dogpile (the browser) and More
? Sue Tinnish, PhD
Empowering Leadership & Growth | Executive Coach | Vistage Chair | Peer Group Facilitator
Welcome to the?MAD?newsletter - for C-level Executives who want to?Make?A?Difference - in themselves and their organizations. Highlights this week:?#Recession, #DontBeComplacent, #innovation and more.
In this Issue:
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Econ Recon: Is it a Recession, or isn’t it?
Note:??The economic articles are usually positioned towards the end of the newsletter.?But the story is grabbing many executives’ attention this week. Two economists have some data-backed thoughts to share in this regard.?
Still no Recession:??Economist Brian Wesbury’s offers a valuable 7-minute video on how economists really determine whether we’re in recession (and it’s not the “2 consecutive quarters of real GDP decline” usually cited in the business media). Dr. Wesbury offers analysis of what a recession is, and is not, in his latest Wesbury 101 video,?Politics Makes People Stupid.?Follow this up with his one-page analysis of?what he thinks;key reading is that GDP numbers are revised.?Find out what he thinks?the?Q1 number will be - a thought underpinning?his thesis that it’s?Still No Recession.
Inflation: Not the Most Important Number:?The recent 9.1 % Inflation rate is grabbing the headlines as a precursor to recession but Brian Beaulieu of ITR Economics counters that?“in our opinion, people who think the inflation rate will put the economy into a recession are wrong. It isn’t inflation that could push us into a recession.”??Find out what he thinks?might?in his short blog post?9.1% is Not the Most Important Number.
How to get ahead of the Recession:??Vistage Research presented a 60-minute Peak Performer webinar,?Recessions Red Lights Flashing:?How to Get Ahead of the Curve?with Dr. Adrian Cronje. You can also download the slides.?(It’s had over 5,000 views from our membership. This webinar is available to non-members.)?
The ‘Great Resignation’ Started Long Ago
One of the effects of Covid has been the “Great Resignation” except that it’s not really an after effect. It’s been going for over twenty years. The pandemic merely accelerated a trend that is much more than an artifact of Covid.?
Wall Street Journal columnist and former Reagan White House speechwriter Peggy Noonan provides a good executive summary of some basic workforce metrics, and?a look back to the real origins of the Great Resignation twenty years ago.?She shares her thoughts on what this long-term trend may mean for business and the economy, and for our society as a whole.??
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领英推荐
Old News: No One Wants to Work Anymore
“Nobody wants to work anymore” is the cry of business owners, recruiters, parents, etc. Suzanne Lucas, aka the “Evil HR Lady” says?this complaint is hardly a new one.?Take a few minutes to read this Inc. article,?The Truth Behind ‘No one Wants to Work Anymore'.??
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The Good “New” Days
The modern age, especially in recent years (Covid, domestic political unrest, Ukraine etc.)?often makes people yearn for what’s been called the “Good Old Days.”??It’s tempting to think that if we could step into a time machine and go back to a “simpler” era that all would be well.?
Be careful what you wish for. Have you ever seen the book?The Good Old Days- They were Terrible!??The author makes the point that the good old days were good only for a favored few and it’s always been that way.
Dr. Scott Galloway’s “No Mercy, No Malice Blog” makes the same point?on a more macro level and after reading his recent post,?A Touch Better,???you may be grateful for living not only where you do, but WHEN you do.
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The Battle of the Browsers
Imagine getting up tomorrow morning and having to use the internet without a browser.?The browser was the invention that made the internet accessible for all. It’s hard not to overestimate its importance.
Do you remember your first browser??If you’re over 30 you probably have used more than one. Anyone beside me use Dogpile??Over my career I have used Firefox, Internet Explorer, and Netscape to name a few.?At one time Netscape had 90% market share. This animated graphic and article from Visual Capitalist??offers a visual summary of the “The Rise and Fall of Popular Web Browsers”?The underlying?warning is that even for breakthrough products,?success is never guarantee or permanent.?
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Feel free to re-share this newsletter. I also distribute it via email and am happy to add your customers, vendors, and other colleagues.??
Sue Tinnish, PhD, Vistage Chair, 847.404.7325?Mobile, [email protected], Twitter:??@STinnish, LinkedIn:??www.dhirubhai.net/in/suetinnish, Website:??https://vistage.com/chairs/sue.tinnish
Preclinical Research Consultant | Pharmaceutical Drug Discovery and Drug Development | Oncology, immunotherapeutics, molecular imaging PK/PD and Biodistribution
2 年Sue Tinnish, PhD, Thanks for the newsletter, so much to unpack! Very informative perspectives on the economy. ??
Empowering Business, Community & Non-Profit Leaders for Exceptional Growth | Building Bridges Between High-Performing Executives | Vistage Chair | Executive/Leadership Coach | Transformational Strategist | Author/Speaker
2 年Sue Tinnish, PhD, I think the famous quote needs to be modified for our current challenges. It should be "May you live in uncertain times". The fact that we have conflicting data about our economic forecast is beyond interesting!
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2 年what I'm hearing from others on wanting the "good ole days" to return is; ethics, respect and accountability. Many think those have left.
Helping high-ticket B2B service businesses close MORE deals FASTER at HIGHER PRICES using First-Time Offers that will break your cash register. ?? Podcast Host ?? Multi Best-Selling Author
2 年Can't read the Inc article (subscription based), but I'd be interested in what it has to say. The headline indicates that it's cyclical. We do move through 80-year cycles. But 80 years ago would put us near the end of the Great Depression and the early stages of WWII. I've found the discussion around recession interesting. We have a definition that's been widely accepted by economists from all bents for decades... but now that definition doesn't apply. Seems dubious.
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2 年The “Still No Recession” data is very interesting. 2022 is a strange year. Thank you for sharing this, Sue Tinnish, PhD. Have a great week.