Posts in “crisis”
Do You Know Who’s Steering Your Ship?
By: Dr. Gaby Cora
The Italian cruise tragedy raises several concerns starting from “who was in charge,” to “what was the contingency plan,” to “what was the multi-layered plan in case of an emergency.”
This is a terrible and shocking situation of great magnitude that forces all of us to take a serious look into our organization’s leadership structure, systems, and contingency plans.
There are captains and then there are leaders.
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Under Pressure
Under pressure, Julien Duret of Lyon, France, jumped to the icy waters in New York City as he rescued two year old Bridget Sheridan. Her perplexed father jumped right after him to save his daughter. Duret handed her to the mortified dad.
Duret says he didn’t think twice about jumping in and saving the girl. He reacted fast and had never done anything like this before, he says.
How common – or uncommon – is it for us to react under pressure?
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Do you work through strengths or through weaknesses?
Do you work through strengths or through weaknesses?
Years ago I was chatting with a more senior executive in Corporate America. I mentioned my love of medicine and its integration with business and my dislike of the more tedious financial reports. She immediately said I should focus on developing skills in the accounting and financial aspects of my work, leaving aside my forte as I shouldn’t focus on my strengths but on my weaknesses, she said.
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Balance Work in Life with LOVE
The recession has now grown its spreading roots. Those who didn’t think it was going to hit them have sadly come to terms: the recession is here to stay. Thousands of people have been laid off and thousands wonder if their current job will still exist. Either way, all of us have a family member, a friend or a client in this situation. Listen to this posting as a podcast/MP3: Balance Work in Life with LOVEWhile many have felt the pressure of doing more with less at work for months or years, people are feeling even more stretched to the max. Most of us wonder how long we will be able to sustain such intense pressure. Those who have lost their job are networking, sending résumés and interviewing for a new job. Those who have had their salaries cut down are in search of another part-time job to increase their revenue. And the rest are holding on to several jobs to make ends meet. Everyone has been affected: employees holding on to a job, entrepreneurs striving to survive and investors counting their losses in the millions.
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Maximize Your Health While Building Your Wealth
In an ideal world, we would spend eight hours of our day at work, another eight in recreational activities and the last eight hours asleep. The true question is how many of us live in the ideal world? Click here download as podcast/MP3: Maximize Health & Wealth
Instead, in the real world, most corporate warriors, executives and entrepreneurs work twelve to sixteen hours every day with little recreational time and less sleep. Forget about taking any vacation during the financial crisis – it is not only unthinkable in your own mind but a serious offense in the eyes of others. People worry about keeping their companies afloat, with the emotional toll of lay-offs, foreclosures and downsizing.
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Life-Work Balance in the Holiday Season
Many still struggle keeping the holiday flame alive this season. Employers are asking the best of their employees while employees fear that they may lose their jobs unless they give it all.
How can we find some positive balance between working hard and keeping our sanity? How to handle increasing demands in the workplace and at home, staying in good shape and living up to the family’s expectations for gifts and favors?
These are some tips to continue to balance life and work during the holiday season:
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Manage Your Business and Your Family Stress During the Financial Crisis
Business owners and corporate warriors struggle to keep their companies afloat. Many were already working sixteen hour days and it now seems like an endless working day. Most of us try our best to row the rough waters till the crisis subsides. Most executives and entrepreneurs who were already stretched are now finding strength within to produce at their maximum capacity. At the same time, their families are not immune to the stress. Even children know of their friends’ parents losing their job or struggling to keep their teenager in college. How can you handle your own business needs as well as your stress and your family’s?
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Screen for Depression during Financial Stress and Economic Crisis
October 10th is National Depression Screening Day.
The current economic and financial crisis has created increased pressure on all of us. As many struggle with the uncertainty of whether or not they will continue to have a job, others deal with the challenges of laying people off, many of whom may have been colleagues and friends. With stress reaching epidemic numbers, many struggle with staying healthy during rough times. Stress affects the most vulnerable systems: some people will experience frequent migraine headaches, whereas others will develop gastrointestinal problems, and others will have high blood pressure. Stress may trigger panic attacks in some people and will affect others with clinical depression.
Depression is common, affecting one in ten adults each year and twice as many women as men. Depression is a serious medical illness that negatively impacts how we think, how we feel, and how we behave. When we feel down or sad, our perception of the world becomes gloomy. Many experience depression with little hope for the future and doubt that there is light at the end of the tunnel.
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Make the Right Choices While Under Financial Stress: Avoid Herd Mentality
According to today’s article, herd mentality rules during a financial crisis because people are wired to follow the crowd when times are uncertain (Herd Mentality Rules in Financial Crisis, Reuters). Studies show that when there is little information but the threat seems to be imminent, people will tend to look around to see what others are doing rather than follow their own conclusions based on their own rational abilities and logical thought process.
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