October 3, 2008

2008 Financial Crisis--Part 2

Well, things seem to go from bad to worse.

While the White House, legislators and the business community are battling over how to fix the serious financial crisis, let's ask ourselves--

What can we expect from our leaders?
How should they respond to this situation?

Some of the behaviors we are witnessing include....
  • Immediate action
  • Making speeches
  • Reflection
  • Anger
  • Information gathering
  • Bringing together competing points of view
  • Blame
  • Reassurance
  • Negotiations
  • Compromise
  • Self aggrandizing
  • Fear mongering
  • Analysis
  • New Ideas
Once the immediate crisis is resolved, there are longer term issues to address....
  1. How did we get ourselves into this mess?
  2. How can we prevent such serious problems from reoccuring?
Leadership matters. It really does !

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