Interesting article from HBR Online, predicting the coming year will be “an economic engine for change.”
Author Jeff Stibel offers some historical examples supporting his point that economic upheavals create the greatest opportunities. I rather like his analogy with forest fires as a necessary part of nature’s life-cycle, this may “clear some underbrush” that isn’t contributing but is using resources.
Economic contraction creates market dislocation, i.e., recession upsets the status quo in a free market system. And ergo, opportunities. As I alluded to in an earlier post, the TRICK of all this is of course figuring out the right thing, the right way, at the right time. Bon chance to us all!