- “GROWTH IS THE LIFEBLOOD OF ANY SUCCESSFUL BUSINESS” and strategies always require allocation of both capital and talent resources. For Professional and other Service businesses, especially those which have grown by adding unrelated services and/or by failing to adopt minimum revenue levels for new clients/customers, one overlooked strategy may be “Shrinking to Grow” – periodically pruning back the portfolio of services, clients and/or staff, in order to reallocate resources toward next-stage growth from a new base. Critical to any successful transformation is getting all key personnel aligned on strategic goals & objectives, as well as new processes to be implemented. DCG have decades of experience in this arena; call for courtesy consult. [McKinsey – 5/15/24]
- POTENTIAL FOR ‘DE-DOLLARIZATION’ CONTINUES TO INCREASE, as BRICS Currency is now realistically competing as alternative to the U.S. Dollar in serving as the world’s global trade mechanism. BRICS is an intergovernmental organization founded by Brazil/ Russia/ India/ China/ South America that now also includes Mideast countries Iran/ Egypt/ Ethiopia/ United Arab Emirates. Last year, 90% of trade between China & Russia was conducted in rubles or yuan, and this year so far China has disposed of over $75 billion in U.S. Treasuries while increasing its gold reserves by 30 tons, while settling over half its payments in RMB. If/when stabilized, BRICS currency would effectively weaken the status and power of U.S. trade and sanctions, as well as impacting U.S. inflation. Along with Leftist foreign policy, American economic policy is increasingly being challenged. [RESPONSIBLE STATECRAFT – 6/3/24]
- FOR A THOROUGH AND ABSOLUTELY PROFOUND ANALYSIS about the realities of our country’s direction: The “next phase of Obama’s Forever Term… The real agenda behind a purposely-engineered immigration crisis – not only our biggest national security threat, but a protocol and active plan to ensure this next election will be America’s last, via an electoral failsafe for a permanent stranglehold on power over the financial, economic & political system.” Lengthy, but absolutely worth viewing. https://porterandcompanyresearch.co/amle-5ri/?_ef_transaction_id=cf7f73a5ec064e50a569f69e5c63b5df
- DRIVER’S REMINDER: SEATBELT USE IN CARS IS MANDATORY IN EVERY STATE, BUT CALIFORNIA’S RULES are among the most severe: (1) Fines start at $162 for driving without all passengers over 16 in a “properly placed restraint”: (2) That means straps placed on chest with higher strap crossing the upper shoulder, not tucked underarm (which for many prevents neck chafing from the strap); (3) Children under age 16 improperly strapped increase fines to $490; (4) Kids under 2 must sit in back-facing car seats unless ‘too tall or heavy’ (over 4’9” or 40 lbs), then in forward-facing seats; (5) Drivers ticketed for seatbelt violations can be subject to increased insurance rates.
- THOUGHTS FOR THE WEEK:
- These days, Job Applications get reviewed (rather skimmed) an average of 4 seconds, according to a recent study, so preparation of effective resumes has become an absolutely critical element in job search. The key mistakes which put a screener off (during those 7.4 seconds) are fancy formats & fonts/ typos & carelessness in setting margins/ failing to fit on one page/ prioritizing education over work experience/ and ‘follow-up’ calls from an applicant which simply annoy the screener. [ECONOMIST]
- The number of immigrants entering America now annually exceed the number of Americans being born. Border patrol estimates some 4,000 illegal crossings every single day, with encounters now nearly exceeding the number during the last three presidential terms combined. Why is this continuing? Because Administration strategy is to “get as many into the country as possible,and legalize them to create a permanent majority one party state. Simple yet effective.” [ELON MUSK]
- Too many Hallmark Holidays? A look at dropping some: https://www.youtube.com/watch?v=HqNa6CAMsEY
