Interim Managers not fooled by received wisdom

One of the greatest assets Interim Managers bring to organisations is their ability to use deductive thinking ie they use logic and reasoning to work out what needs to be done.

Permanent employees tend to rely more on inductive thinking ie. 'this is how we did things in the past here, with these results' and then they extrapolate from these past experiences to work out what will need to be done now and in the future.

Unfortunately this inductive thinking pattern tends to repeat old mistakes, albeit in a modified form and does not lead to fresh (deductive) thinking which is the only form of thinking which will bring outperformance for the organisation.

We see this inductive thinking being used with the financial and economic catastrophe we are all experiencing. Massive debt- both private and public- kept the party going for most in the west from '97-'06.- it almost got out of hand.

Then the central banks raised interest rates - debt dried up - and the party pooped.

So using good old inductive thinking, the central banks and their political masters figured, hey all we need to do is generate lots of debt again and the party will soon be back on it's feet. The good old received wisdom borne of inductive thinking was sure to do the trick.

So, they printed money, gave it away (using low interest rates again) and hoped the dancers would soon take to the floor again. The music started playing again, the canopes were wheeled in, but the dancers were too damaged after that bad fall they had last time they got drunk- so decided to sit this one out and nurse their hangover.

Which is why this so called fragile growth is a lie - soon to be exposed when the market, house prices and the western economies crash again.

The dancers - like Interim Managers- are not fooled by the received wisdom.

So there it is - however there is an alternative view ie., Sir Alan Greenspan has recently declared a recovery is underway in the United States.

Delusions don't distract Interim Managers

Well the delusion that things are improving on the economic front is setting in, only to be shattered again shortly.

This is a depression ie a sustantial reforming and restructuring of the economy is under way which will take years to complete. Those who believe this is a traditional post war recession are deluding themselves.

Major restructuring is always good for Interim Managers who bring fresh notions unencumbered by received thinking, so they should thrive over the next few years as organisations struggled to adapt.

It's taken over 60 years of post war consumerism to bring the consumer to his knees.

Time's up, no more borrowing, no more spending money he hasn't earned, the gravy train has hit the buffers.

America - where it all started in the early fifties is in decline as are all the 'borrower nations' whilst the 'saver' nations in the east are in the ascendancy.


The shock waves are rippling out across the globe.

Assets like shares and houses will have their good days - but their long term trend is down.

They will not enter a true rising market again for many, many years.

Still Interims will do well......always a silver lining!