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Moms Not Working
For years, career women have heard that it’s fine for them to quit their jobs in order to become stay-at-home moms. They’re told that it’s the best thing for their children and eventually they can make their way back into the workforce when their kids get old enough.
Michigan Attorney Tells Entrepreneurs How Michigan Families Can Pay Major Unknown Costs From a Car Accident
Without warning, Michigan families when involved in an auto accident find themselves on a tight budget are faced with almost overwhelming questions, such as: who will pay for my medical bills, now and in the future? Who will pay for my car that’s damaged or totaled? How can I keep food on the table and the roof over the head of my family when all these sudden major costs have to be met? Entrepreneurs, although likely not on a tight budget, face some of the same issues the next day after a car accident.

Other economic consequences Related Articles

5.1 Determinants of diversification in Africa: Economic Report on Africa 2007
Diversification and policy variables constitute a two-way process in that diversification not only influences policy outcomes, but is itself influenced by policy variables. This proposition naturally leads to the search for those economic and non-economic policy actions that are likely to affect the level and rate of diversification in a country. What evidence is there that links economic and non-economic variables with national capacity to diversify?
HUMAN RESOURCE DEVELOPMENT AND ATTRACTING INWARD FDI
One of the characteristics of rich industrial economies is the availability of a workforce with a high level of human capital. Whether human capital has been the key driver of economic prosperity or vice-versa is still a matter of debate. Nevertheless, long time series trends in educational attainment and economic growth during the last century indicate that HRD and economic prosperity went hand in hand10. Some developing countries followed similar trends in human capital and economic growth. What was distinctive about these developing countries is that they appeared to have realised large economic benefits in attracting MNEs into host economies, and have thus mobilised inward FDI to attain rapid economic growth.
Courageous Conversations
For the purpose of leadership, courage is defined as a reconciliation of the consequences of failure. A courageous conversation is then the interaction between people when the leader has defined the consequences of failure and is alright with those potential risks.
Smaller Crowds Hold Hidden Potential: Exhibiting During Economic Downturns
Economic cycles have very real and immediate consequences on the tradeshow environment. When times are good and there's lots of money floating around, tradeshows can become lavish events, with teeming crowds treated to extravagant displays and over-the-top exhibiting. On the other hand, when the economic indicators aren't so good, the tradeshow starts to look a little bleak. Exhibitors scale back and the crowds get smaller. This trend holds true among all industries; some are hit harder than others, but most see a significant decline in attendance numbers during economic downturns. Surprisingly, that's great news for exhibitors.

SURVIVING THE ECONOMIC DEPRESSION BY CREATING A STRATEGY FOR YOUR BUSINESS DEVELOPMENT
This economic recession times calls for measures not just to make our business survive but make us come out stronger. Sound strategies are what will separate men from boys. Business leaders creating and harmonizing their strategies to fit the economic future will leap more once this economic recession is over. A strategy will help your business fit in the global economy once this economic depression is over. But how do you create a strategy?

Hidden Opportunities in Economic Downturns
Despite the economic conditions, or more appropriately because of the economic downturn, now is the time to seize the advantage. It may sound counter-intuitive, but a downturn opens up rare opportunities to outmaneuver rivals. Many companies simply fail to see the opportunities hidden in economic downturns.
No Time........Really??
I love to pay attention to the language I use and also the words my clients choose. Being aware of our own language provides a window into where we may have blind spots, fears or beliefs standing in our way. I often catch my clients using the phrase, “I just don’t have time.” It’s a sentence that suggests that we have no power over how we spend our time. And the truth is, we do. Certainly there can be negative consequences to choosing to spend our time in one way over another. And avoiding those negative consequences can drive our choices, but, at the end of the day, we are choosing!
My Sales Force Won't Use CRM
I mentioned that the key rule to getting salespeople to change is rule #9, Consequences. There are three primary ingredients to having Consequences.
Big Bird’s Guide to Change Management - Learn your A, B, C, Ds
In the 1950s, psychologist Albert Ellis introduced Rational Therapy in which people were taught the A-B-C-D approach for dealing with uncomfortable situations. The A-B-C-D approach states that when a person is confronted with an adversity A, their beliefs B, will influence the way they respond to that adversity and lead to emotional and behavioral consequences C. If the beliefs B, are rigid, absolute, and unrealistic, the consequences C, will likely be self-defeating and destructive. If the beliefs B, are flexible and constructive, the consequences C, will likely be self-helping and constructive. People can change their lives and their consequences by D, disputing and challenging their beliefs.
Some Things Are Easier For Your Business in a Recession
If your business is feeling the impact of the economic downturn, think differently about how you could take advantage of the current economic circumstances. Some things are definitely more challenging, but others might actually be easier in these tough economic times.
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