Optimism is bad for business…

I know this has little to do with recruitment, HR, or Marketing directly but I just have to comment on the current ‘shock’ at the latest GDP figures and the confirmation that we are in the longest recession since ‘records began’.

How can anyone be shocked? I certainly wasn’t.  It was never going to be good news but the so called experts, along with the witless optimists – and there are plenty of those in recruitment I have to say – kept saying ‘growth next Qtr!’

How the hell anyone can think you could go from -5.5% to a positive number after the unprecedented year we have just had god only knows and only goes to show that those who thought and said that have extremely poor judgement. That will be pretty much every government and shadow commentator then!

If I had a pound for every time I have seen someone ‘talking up’ the economy, on Twitter alone, I’d be one of the UK’s secret millionaires by now. And while we are on the subject, why is it that the recruiters in particular are guilty of this ridiculous spin?  I guess it’s a feature of being such a sales focussed community – they cant resist talking it up.

This kind of misguided optimism is not only stupid, its really bad for business.  Leaders who adopt this approach create false hope, unrealistic expectations and set unrealistic goals, none of which creates a winning organisation. All it does is create a lack of credibility amongst the workforce and a lowering of morale and commitment.

It reminds me of a study carried out by the Economist some years ago who asked different groups groups of people for their five year predictions for the future of the economy.  These groups were made up of people from a wide spectrum of professions, from doctors to dustmen.  Oh, and for good measure they included a group of economists.

And guess who were the most accurate?

Yep, the dustmen!

Time for a real clean out methinks!

Ill leave you with this little pearl of wisdom:

The pessimist complains about the wind; The optimist expects it to change; The realist adjusts the sails. — William Arthur Ward

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