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Economic reality and a new normal

According to Mike Schüssler of economists.co.za the economic figures for the month of June gives a much more realistic picture of the extent to which the Covid-19 pandemic has played havoc in the South African economy.

According to Schüssler it is much worse than anticipated.

Fewer salaries

He says according to the figures released by BankServAfrica, 20,7% fewer salaries were paid out in June 2020 in the formal sector of the economy compared to the year before. This means that one fifth of workers in large and medium sized organisations ... continue reading

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Essentialism

Many people I know are “people pleasers” to a greater or lesser extent. Are you one of them?

Unfortunately people pleasers tend to over commit themselves because they find it hard to say “no.”

On a business note

After the 2008 financial crisis Jim Collins wrote How the Mighty Fall, a book which looked into the reasons for the failure of many established companies. One of the reasons he emphasised, was what he called the “undisciplined pursuit of more,” which sounds very similar to an over committed people pleaser.... continue reading