The High Price Of Panic

Why is it that the recession brings out the extremes?

A definition of 'Panic' that rings true to me is when we sublimate our sensibilities to sensational and unsubstantiated circumstances.

Consider the retail sector - the media bemoaned the death of holiday shopping at every opportunity leading up to "BLACK FRIDAY". It is estimated though that the day after Thanksgiving yielded a 3% increase ABOVE last year. The media reported this as the "smallest growth in years".

But consider this:

It was still growth.
It was during a recession.
It was amidst substantial job losses
It was happening despite Wall Street melt-downs, auto industry collapses, a credit crunch of monumental proportions and a paralyzed economy.

Interestingly enough, prices were slashed by retailers by 50-70% (versus an average of 30%). It seems that PANIC PRICING yielded growth with losses. Good luck to them. Such stimulus will yield store closures and job losses...not the delusions of sustainability they envisioned.

Worse still are the industries that have given themselves over to socialistic control. It's a recipe for disaster. And the high price of panic here will be borne by taxpayers who buy into the lie.

Instead of panic, I choose performance.

BOOK: "Not Quite What I Was Planning..."

I got this book as a gift. It was a fabulous gift for one who loves to write. The essense is incapsulating your memoir into just six simple words.

There are hundreds included that range from the insightful to the obscure.

Enjoy.

By the way, my what's my memoir in six words?

Hesitant striver with blessings beyond measure.

Cut and paste the below link to order book, "Not Quite What I Was Planning, Revised and Expanded Deluxe Edition: Six-Word Memoirs by Writers Famous and Obscure".


http://www.amazon.com/gp/product/0061713716?ie=UTF8&tag=insighfromthe-20&linkCode=as2&camp=1789&creative=9325&creativeASIN=0061713716

Action DissipatesDespair

Acting on these three simple words could quite possibly be the antidote to all stress related anxiety.

What kind of action? Action that is in accord with the desired outcome.

The result of such action?

-It brings clarity.
-It eliminates anxiety.
-It provides perspective.
-It yields answers.
-It begs better questions.
-It moves you closer to the outcome you desire.

And by the way, talking is a poor substitute for doing.

If you're going to beat the drum...

What gets reinforced, gets repeated...

Make certain that you make your 'what':

- A specific 'what'
- With a remarkable 'why'

Call it what you will, just do it right.

Downsizing
RIF's
Layoffs
Right-Sizing
Purge...(have I missed any?)

When making cuts in the company, two things to remember:

1. You can't move fast enough
2. You can't cut deep enough

If you do cut too deep, don't hire back those who were let go...hire better.

'Hiring better' is a business multiplier.