The Fourth Turning at Work: Crisis Time Is Here

The Fourth Turning at Work: Crisis Time Is Here

COVID certainly has messed up the world but it will eventually go away. Just another black swan experience. But what if there is something much bigger, fundamental, and permanently world-changing? Like the crisis-driven end of an age? If so, where are we in this time of crisis? Strauss and Howe see this as the final crisis phase or Fourth Turning of a roughly 80-year secular cycle. Could they be right?

Creative Destruction: How to Be a Winner, Not a Victim

Creative Destruction: How to Be a Winner, Not a Victim

Economists talk often about creative destruction to describe the disruptive process of transformation that accompanies innovation. Politics is a common context but the more important story for businesses involves change. Change is life and will always be with us. It is not change itself but your response to change that determines whether you win or lose.

Societies and Economies Have Been Collapsing Forever. Why Are We Still Here?

Societies and Economies Have Been Collapsing Forever. Why Are We Still Here?

I read so often these days another article on the “inevitable collapse of the social order” that is presently underway almost everywhere. Our present collapse is regularly compared to any number of other collapses across human history. This situation seems a bit troubling. If societal and economic collapses have been happening at least forever, why are we still here?

Are We All Gonna Die? How To Increase Your Survival Odds

Are We All Gonna Die? How To Increase Your Survival Odds

So much seems to be written today about how bad things are and how they are going to get much worse. Surely we’re all (businesses) gonna die. Here is a contrary view. There are actually huge opportunities out there in doom-and-gloom-ville. Seeing these and taking advantage of them, however, requires a very special kind of business and leadership.

Specialization Can Be Deadly Today — Diversify to Ensure Long-Term Survival

Specialization Can Be Deadly Today — Diversify to Ensure Long-Term Survival

Being among the best at something in business works great in stable times but can be fatal in black swan times. It seems that black swan times are with us for some unforeseeable period so specialization has become a serious vulnerability. The solution here is diversification – adding business units that are not likely to be impacted in the way that your core business can be.