The Road to Misery...Drowning Ducks & More

Welcome to the?MAD?newsletter - for C-level Executives who want to?Make?A?Difference - in themselves and their organizations. Highlights: Special Invitation, #Mobility , #Emotional Intelligence and more...

In this Issue:

1. A Sure Route to?Misery
2. Even a?Duck Can Drown
3. The Death?of Mobility
4. How?Things Change
5. Econ Recon

The Road to Misery

Isn’t it funny how our society touts the virtues of individualism and how special each of us is,?but in our own lives we often make ourselves miserable by comparing ourselves to others? Two experts on emotions at work, Liz Fosslieu and Mollie West Duffy warn that “Left unchecked, comparison can make you miserable.?Seeing people be better at something than you are can feel like a vicious uprooting. But with the right tools, you can use your envy to uncover what you value.”

Fosslieu and Duffy provide some great insights into doing so for you and your team in this short but helpful article from Ideas.Ted.Com: ?Comparing Yourself to Others is a Sure Route to Misery - 5 Was to Turn It Into Action Instead .?The most important person that we manage is ourselves.?This this article will help.

Even a Duck Can Drown

We hear a lot about the need for our teams to be resilient in a dynamic and uncertain world,?but what does that really mean and how do leaders assure their teams understand and possess this vital attribute??Attend a Vistage Webinar on July 22 at 1 p.m. ET.?Dr. Maureen Orey, Founder of the Workplace Learning and Performance Group will show you how. This webinar is also open to C-Level execs who are not Vistage members. Register now for “Even a Duck Can Drown - 6 lessons for improving employee wellness and resilience? .?This topic is especially important given that the War for Talent makes it tempting for employees to jump ship??

Also, if you’re concerned about the impact of inflation not just on your business but your personal wealth as well, Vistage’s July 29 webinar (also open to non-members) on?Asset Protection for a Down Cycle .

The Death of Mobility

American has always been about migration and mobility. Despite recent headlines, it appears that we are currently less mobile than we’ve ever been...and Dr. Scott Galloway’s “No Mercy, No Malice” Blog doesn’t think this is a good thing.

His recent post,?Migrant , he recaps our history of mobility, shares his own form of “personal” commentary, dispels some myths about who’s moving and who’s not, and why it matters.?To the extent that your business depends on what’s happening in your local market, this article is required reading.

How Things Change

A few weeks ago I shared a time series animated graphic showing?the changes in size ranking of the largest US companies ?over the 1994-2021 time period that was featured at the American Business History Center website (ABHC).?But size isn’t all that matters.?To answer that question, the ABHC has also published animated graphics of the?Most Valuable US Companies ?and the?Most Profitable? ?over the same time periods.?An interesting?dynamic?presentation of our economy evolves over time. And while you’re on site…check out how the rankings of the 20 largest employers have changed during the same time period.

Econ Recon

Chatter vs. What Matters:?Inflation understandably creates fears of recession but in the distorted economics of a post Covid world it’s important to look at all the relevant data. Dr. Alan Beaulieu of ITR Economics does just that in a recent blog post in which he?looks at other and more important metrics for a better read on the likelihood of a recession.?Check out his short blog post for an executive summary regarding?Recession Chatter vs. Data. ???

And speaking of distorted economy, it’s important to remember that things do eventually return to some semblance of normality…but the new normal is always a little different. A related post from ITR’s CEO Brian Beaulieu complements Alan Beaulieu’s post with a look at the post Covid economy, analyzing the?The Downside and the Upside of Return to Normal

Mortgage Alarmism:?We’ve had a red-hot housing market for the past two years, but many think rising inflation means rising interest rates in general and for the mortgage market in particular...and ultimately recession soon.?Dr. Brian Wesbury doesn’t see a recession soon and thinks the fear of high mortgages is overblown.?Take five minutes to understand why he thinks Mortgage Reset Alarmism is Off the Mark .

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Sue Tinnish, PhD,?Vistage Chair, 847.404.7325,?[email protected]

#ChicagoCEO ?#CEOs