I am not an economist (thankfully). But economists, meteorologists (those who try to predict the weather), and psychologists are somewhat in the same situation — our ‘sciences’ are not very “hard” — that is, they often are not solidly grounded in data and they lack power to predict. For example, last night there was no prediction at all of any
Recently, the reality of people losing their jobs has been hitting quite close to home. Living in the city where most aircraft are built in the U.S., and the struggles aircraft manufacturers are experiencing have made knowing individuals who have been laid off from work a personal experience. And the secondary job losses are significant as well — suppliers to
An entry I wrote in April about the challenges owners and managers of businesses face in today’s economic environment was published in today’s business section of the Wichita Eagle. If you missed it previously, you can read the article on the Wichita Eagle website.
I live outside of town (for those who grew up in a rural setting, it would be a stretch to say we live in the “country” — although for those who live in an urban setting, they would think so — lots of trees and animals, and we live on a dirt road). And I love to take walks in
Recently, the American Psychological Association recognized 14 companies as leaders in creating healthy workplace environments. Besides just helping their employees “feel good” (the ubiquitous reply to anything psychologists do), there are some practical economic benefits for the companies as well: One company has reduced absenteeism by 34 percent The average employee turnover for the top five award winners was 11
“Finding a job” continues to be a common topic that comes up in conversations — with friends, clients, families, friends of my kids. The types and levels of job positions is quite broad — from laid-off professionals to young adults looking for their first career position, to high school and college students searching for summer jobs or internships. In discussing
Today’s economic environment is taking a huge emotional toll on business owners and managers. Given the shrinking economy, with orders for manufacturing being canceled or put on hold, with little happening in the construction industry, and with the general public spending less at the retail level — many businesses are having to either cut back employees hours or let them
As a psychologist, I naturally find myself observing people’s behavior — their choices, what they are saying, and how they are feeling. And this is the case now, in the midst of the difficult economic times in which we find ourselves (I am consciously choosing not to use the term “financial crisis”.) There are three core aspects to any situation
This week I have had the privilege of participating in a summit meeting of advisors who work with some of the most successful individuals and families in our country (and even the world). Approximately twenty-five professionals from a variety of disciplines gathered to learn from one another and discuss how they can best work together to serve their clients. Clients
There is plenty being written about the current financial crisis and, like the political elections this past fall, it is easy to become overloaded with information. Obviously, there are a lot of opinions about what has happened, who is at fault, and what should be done. Some of the comments are driven by philosophical beliefs (for example, about macroeconomics), some
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