It’s the Economy, Stupid!
Organizational change is often driven by the economy
Economic downturns, mergers, reorganizations, natural disasters, war, disruptive global and workforce trends, technological change, and industry upheavals impact organizations and their employees at the visceral level. (View Economic Drivers Video)
Organizations like to focus on the positive when developing strategic plans based on the best business and economic scenarios, yet it is often the negative economic surprises that drive organizational change. After over 30 years in business, I recently developed a retrospective of the primary global, national and regional economic drivers covering over 50 decades. It is gripping to review the succession of economic downturns, mergers, reorganizations, natural disasters, war, disruptive global and workforce trends, technological change, and industry upheavals which impact organizations and their employees at the visceral level. (View Economic Drivers Video)
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The ticker tape parade in NYC last Friday was a well-deserved home coming celebration for our USA Women’s World Cup Soccer champions. Their amazing win against defending champion Japan on July 5 was a climatic burst of electrifying fireworks for our national holiday weekend celebration. After waiting 16 years to bring the trophy home again, this team could not be denied. When Wombach stated pre-match, “We have to bring the fire,” she was prophetic. The most watched soccer match in US history, this blow-out statistic will go down in the sports annals: 26.7 million US viewers. And by the way, the men’s World Cup drew only 17.3 million US viewers in July, 2014. Advertisers and promoters take note — women athletes can draw a crowd! This spectacular win is great for the team, the sport, women’s athletics and for the nation. We love winners and this World Cup team defines for us all what a true winner is. This team and the individual players provide a model you can emulate for your own success. What are the SUCCESS lessons?