January 16th, 2010
There is a lot of hype surrounding social media.
I read a statement recently that social media is the new high ground for successful business leaders. I would strongly debate that under the basis that social media falls into the non- contact mode. I would agree with the commentators that say that having a social media position is vitally important, but in saying that, I would strongly disagree with any business leader who believes that social media is the new high ground.
There has always been two forms of high ground in business. The first is recognition and the second is reputation. There is an old saying that “charity begins at home”. The high ground in business is with your own people. I have on most occasions been able to keep the high ground in recognition. I am not saying that this is unchartered territory but I would stand by two disciplines that I believe will serve any business leaders or person in sales better than social media presence will ever serve.
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Posted by Carey Smith
January 14th, 2010
We are now 2 weeks into 2010 and you get the feeling that there is a lot of optimism that surrounds the opportunities for the year ahead. I came to New Zealand in 1996 and during my first years here there was a mini boom, the market and the economy generally was making a lot of progress but in late 1998 through 1999 the market slowed considerably. Then the new millennium came around and like this year, there was a reason to believe that the year 2000 was significant and it would give a little more drive on and confidence than say any other year. Does 2010 provide the same?
The last decade has been a period of extreme confidence. All the markets continued to rise and rise for the majority of the decade. We were told to believe in ourselves, we learnt that investing was a necessary behaviour to grow wealth, we made business decisions based on the high point of our revenue, and the environment was one where more wealth was created than any previous decade. Some of the numbers during the last 10 years were staggering – there were more new cars sold, there were more property transactions, there were more people in employment, the average earning capacity of an individual rose to record levels and more wealth was created in the last 10 years than in the previous 50 years. So when you reach such highs, why did the sudden drop come so unexpectedly?
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Posted by Carey Smith
