Note: This posting is based on my weekly “Thank God It’s Monday” that helps you and your company thrive!
This week’s focus: manufactured crises
When the Sequester occurred on Friday, we heard the media share all the things that would be negatively impacted in our lives. Barack Obama and his cabinet heads were particularly vocal about the “major impacts” ahead.
For example, tax returns may be processed slower, there will be fewer TSA folks at the airport, air traffic controllers will be laid off at airports without commercial flights, defense contractors will be impacted, the Blue Angels won’t be able to fly, an aircraft carrier may need to stay in port, etc. Golly.
The Sequester’s impact on Federal spending is an across the board 2% reduction totaling $85 billion. Corporations know a 2% cut will cause inconvenience but not major disruptions or dislocation of services or support. We’ve heard little from any of the industries impacted. Why? Because there isn’t a crisis ahead. This is a speed bump and a not a very big one at that. This was a manufactured crisis.
Companies face bigger crises everyday via margin leaks that erode 2% or more of their profits. These crises are the result of business execution inefficiencies that haven’t been addressed appropriately, new initiatives with unclear outcomes, customer experiences that leave customers treated with indifference, and leadership continually distracted addressing failure work instead of strategic issues to support growth.
We have to be careful about which “crises” we pay attention to so as to not be distracted from those things that are really important in our businesses. This is the key to thriving.
Thought for the week:
3 Simple Rules
- If you do not GO after what you want, you’ll never have it.
- If you do not ASK, the answer will always be NO.
- If you don’t step FORWARD, you’ll always be in the same place.
- Dave’s Words of Wisdom, UK
What do you think? I welcome your blog comments!
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Dave Gardner, Gardner & Associates Consulting
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