Just in Case it Matters to You
- WHEN LEADERS AND MANAGERS PERFORM TASKS OR WORK THAT SHOULD/COULD BE DONE BY AN EMPLOYEE – usually because they think/know they can do it faster or better – the impact generally reduces productivity, team morale, personal time management, and capacity for efficient planning. According to Harvard Business Review research, because “95% of employees in large organizations are either unaware or don’t understand the strategies of their company, business, functional area, department, or where they fit and why they matter to business results,” this is a critical factor for Managers, who need to think and act strategically in order to optimize organizational effectiveness. DCG coaching can help. [CMOE – 4/5/22]
- “MOST HOUSING EXPERTS ARE PREDICTING THE MARKET TO REMAIN STRONG, with home prices continuing to rise, while construction continues to lag behind, for the foreseeable future.” Main factors are: (1) First-time homebuyers, millennial-aged or younger (half the U.S. population) representing over 30% of people now purchasing homes; (2) Interest rates remaining relatively low, while mortgage lending standards have tightened (due to Regulations after the 2008 crash) with two-thirds of mortgages now going to borrowers with FICO credit scores above 760 and reducing likelihood of default; (3) Supply imbalance – the primary reason for recent rapid escalation – which will take many years to balance the market, particularly as ongoing supply-chain problems and inflation add to new construction costs and related valuation impact on existing properties. [FORBES – 4/4/22]
- EXPECT INCREASED BUZZING IN THE SKIES FROM DRONE DELIVERIES OF COMMERCIAL PRODUCTS. McKinsey reports over 600,000 drone deliveries globally in the past three years, with experts predicting as many as 1.5 million in 2022, distributing everything from pizzas to medical supplies.
- THE ‘WEALTH DISPARITY’ BETWEEN 99% OF AMERICANS AND THE TOP 1% (even excluding unreported crime syndicate bazillions) averages over $36M, entering 2022 per Federal Reserve data. And ‘Wealth’ for this purpose includes Durable Goods like vehicles/ boats/ furnishings/ electronics which represent nearly 50% of assets for the bottom half versus a negligible percentage for top 1 percenters. Certainly, a major factor in today’s increasing social divide and street revolt is that the 1% households received immense increases in money-wealth over the past two years predominantly from “Fed policies, of Quantitative Easing (money scheme printing) and interest rate repression to create asset price inflation. [PRICKLY PEAR – 4/6/22]
- THOUGHTS FOR THE WEEK:
“We judge ourselves by our intentions and others by their behavior.” – Stephen Covey “I never considered a difference of opinion in politics, in religion, in philosophy, as cause for withdrawing from a friend.” – Thomas Jefferson
This month’s Woke Award goes to a Chicago church congregation practicing “Fasting from Whiteness” during this season of Easter, by abstaining during Lent from all words and music “associated with white authors, composers or performers,” instead replaced with South African freedom songs and Native American traditions. [TURNING POINT USA]