Believe it or not, there was a time when the economy was predictable. Now it’s more of a distant relic than a familiar memory. Market crashes and corrections were the exceptions at the time, while repetition of tried-and-true business theories was the norm (think Malcolm Gladwell’s 10,000 hour rule). As a result, strategic planning and … Read More
Reframing the 2020 Black Swan Event to Create New Opportunities
RELAX, REFLECT, RETHINK As I write this, my team is sheltered in place, but how we choose to spend this time could be a game changer for me personally and for our firm. Using this time to Relax, Reflect, Rethink may be the gift of this Black Swan occurrence, in spite of its gravity. Very … Read More
The Role of Emotions and System Thinking in Crisis-Based Decisions
As I looked at the empty streets of New York on my way to an almost deserted airport, the gravity of the current pandemic was not lost on me. The anxiety and sadness is palpable. Every decision made by our government, our clients, and our friends seem to happen within the context of tremendous emotion. … Read More
Leadership Assessment: 8 Traits of Executives Who Will Abandon Your Organization
Recently we learned of an executive who had abandoned his role in a financial service firm just months after being promoted to lead one of the divisions. The timing was horrible; upturning the talent development and succession plans and placing the entire organization at risk. At Psynet Group, after conducting over a thousand assessments, we’ve … Read More