Leadership is a big topic and buzzword these days. What defines great leadership?
There are thousands of materials and books on the subject, yet the world is still ridden with the same problems.
The disparity amongst humans, corruption, environmental destruction, and countries at war are nowhere closer to being resolved.
(One problem appears to be that leadership is hierarchical and separates the decision-making powers between regular people, and the few at the top. This discourages people from taking responsibility and making impactful choices because they feel stifled from the decision-making system).
To combat this, the focus must be pivoted towards seeing how we can improve access to the economy, and accelerate cultural impact as a collective. This may be our only sustainable solution of giving hope to the future of leadership.
Leadership is a journey. One where you must lead yourself before you lead others. To Kiri-Maree Moore, Founder of The ONE Percent Movement and Decision Velocity Global known as a Global Advisor, Strategist & Investor – International Speaker, “becoming obsessed with patterns” was her way of connecting awareness in leadership culture and helping leaders across the globe take ownership of their decisions.
An old approach to leadership was to emphasize having one person at the top. The new approach is where humanity recognizes “if every one of us does their one percent, then together we can shift the dial forward from problem to solution, ” Kiri-Maree states. The kind of cultural impact where we add value, not take away
This article discusses how when we disrupt old patterns, take a new approach, and view leadership through a “humanity as stakeholders” lens, it can create space to serve a new generation of global leaders.
Humanity as Stakeholders
Humanity means you and I, where the stakeholder is a measure of value. Looking at leadership using “ humanity as stakeholders” as a lens means when you make a decision, you either add value to the human race or subtract from it. Kiri-Maree believes if we were all to do this then it would help to shift the dial in the right direction.
Things like conditioning, restrictive social norms, and distrust through biases must be eliminated. Permission at the table needs to become a non-negotiable where every human has a seat. All distinctions are welcome where you add value and are able to give voice to the change needed across the global leadership landscape.
This is exactly what Kiri-Maree means when she holds a vision of hope for the future of leadership. “The old approach has got us this far but the new approach will narrow the gap between where we are and where we need to be,” Kiri-Maree affirms.
Humans need to be proactive about rewiring old patterns in their brains, to make better decisions and to form effective behaviors that help shift humanity forward. This needs to begin in a leadership culture where leaders know the power of a leader who evolves.
Instead of defaulting back to the old approach based on the archaic principles of leadership, where leaders are stuck in a hierarchy, we use the new approach which creates space for new conversations, different questions, and where we learn to be comfortable with the uncomfortable. “Patterns help us be more effective, to disrupt old systems and processes that are not working anymore”, Kiri-Maree says.
It’s a science and an art to rewire our brains. To achieve effective and sustainable solutions, we have to master the muscle of Human Intelligence (HI)and disrupt the patterns that are no longer serving us.
Exercising the Muscle of Human Intelligence (HI)
Technology continues to advance and time is moving at a fast pace. Leaders need more than ever to know how to make the right decisions, fast. Learning the secret advantage of exercising the muscle of HI is no longer just an option, but is essential for any leader. Human Intelligence is as simple as the data you gather from the environment and what you choose to do with the data.
Like any muscle, when the brain is underutilized— it atrophies, becoming less effective over time. Unfortunately, if leadership continues down the same pathway, it prevents from building a culture where it is encouraged to think for yourself, do things differently, and lead. It all begins with awareness, recognizing patterns, understanding the opportunities, and the willingness to make shifts to adopt better solutions.
Away with the Old Approach, onto the New Approach
Instead of shielding everyday people from making what has been known as top-level, executive decisions—why constrain these abilities to a few around the table. Rather, a new approach gives the opportunity for different leaders to come to the table, navigate decisions through a different lens and add their value to help give impact to the final decision. If we stick to having the same people around the table with the same patterns of thinking, we will always end up with the same outcome. This shift is crucial for evolution.
Moving away from a competitive, zero-sum mindset requires us as individuals to see the problem beyond our own limiting lens. Learning from others, either within our own industry or outside of it, gives us the perspective and skills needed to make better decisions and take action to move humanity forward in a better direction.
Kiri-Maree has always done everything with her vision in mind. Her vision involves helping people across the globe to know there is always a solution to any problem if you are willing to find it. To her, to equip people with access to resources and strategies allows every human the opportunity to have a voice at the table.
All in all, leadership that shifts humanity in a forward movement requires the need for a new approach. Assessing our decisions through the lens of humanity as stakeholders creates the space for a new culture of innovation, where leadership can pioneer a new pathway to bring sustainable solutions.
This environment should empower leaders being able to make smart decisions, be able to exercise the muscle of HI, and to add value to humanity going forward.
Find what requires us to build out an ecosystem that offers value on a universal scale. The more value we can add to humanity, and others; the closer we will become to narrowing the gap between problems and solutions as a society.
Multiple Respected Wall Street Banks are Forecasting a Stock Crash in 2023
Wall Street stock analysts are expecting a significant decline in 2023, as three top banks have predicted that the US stock market could fall by more than 20 percent next year. The S&P 500 stock index has declined 13% since October, but it has recently recovered and is back to 4000.
Large banks are under the impression that the recent stock market rise was only temporary and will not last long. For an extended time, stocks on Wall Street have been slumping because many investors are anxious about the potential for a recession in the near future.
As 2023 goes on, there will be a lot of ups and downs with stocks as earnings take a hit from the recession. According to Morgan Stanley, based in New York, the S&P 500 index could drop 24% within the first four months of 2023. This would put the stock index between 3,000 and 3,300. According to Mike Wilson, chief US equity strategist at Morgan Stanley, the bear market is not over, and 2023 will be a volatile year with lots of ups and downs.
Similarly, according to Bank of America, if the current trend continues, stocks in the S&P 500 could drop by 24% and fall to 3000. The main reason for the crash would be lower business and consumer spending impacting corporate earnings adversely. Additionally, the bank is predicting that the US economy will have a 0.4% drop in growth during the first quarter of next year. The Federal Reserve’s quantitative tightening policies might also dry up market liquidity by cutting back $95 billion in Treasury bonds and mortgage-backed securities from its $9 trillion balance sheet each month.
Deutsche Bank predicts that US stocks will fall by over 25% in the third quarter of the next financial year, contrary to the predictions made by Morgan Stanley and Bank of America. The team also predicts that stock prices will rebound by 2023, provided the recession doesn’t continue for more than a few quarters. Deutsche Bank’s 2023 outlook claims that the global capital market will experience a significant decrease in value due to increasing interest rates from the Federal Reserve, which will, as a result, slow down the US economy.
The American Federal Reserve was obliged to lift interest rates when high inflation surfaced as a consequence of spiking oil prices. Increasing rates, this action works to quell inflation overall.
Rising interest rates decrease cash flow in the economy, which then lowers commodity demand and, finally, inflation. However, a primary drawback of increasing interest rates is that it might lead to an economic recession in which people don’t spend money on necessities. When people spend less money, companies make less profit. This usually causes the stock market to react negatively.
DoorDash is Abruptly Firing 1,250 Corporate Employees
One more tech company’s name has been attached to the string of tech companies that have announced mass layoffs.
DoorDash is cutting approximately 1,250 jobs and has joined the list of well-known tech companies’ most recent examples of cost-cutting. Tony Xu, CEO of DoorDash, wrote in a note to employees that the company had accelerated its hiring during the COVID-19 pandemic to keep up with its growth. He said that as of early 2020, DoorDash was undersized for its needs. Though DoorDash has succeeded in many areas, “we were too lax in our management of team growth,” according to Xu. He takes responsibility for this lack of foresight, which caused operating expenses to rise quickly.
Xu noted that DoorDash has held up better than other e-commerce businesses. DoorDash has seen a significant increase in its market share for food delivery, according to third-party data. As of September, DoorDash accounted for 56 percent of sales in the industry. However, rising interest rates and recessionary fears pose a risk to DoorDash’s business model.
The company’s growth has decreased, and if DoorDash doesn’t cut costs, its operating expenses will exceed its revenue, according to company CEO Xu. The layoffs announced today affect around six percent of the company’s workforce.
DoorDash is giving laid-off employees 17 weeks of severance pay and a stock vest that will come in February 2023. In addition to that, health benefits will cease at the end of March, but COBRA coverage will be accessible for up to 18 months. Xu noted that DoorDash would set 1st March as the employment termination date. So, immigrant workers in the US on visas will get more time to find another job. Not only this, but DoorDash says it will offer recruiting support.
Last month, Lyft stated that it would be firing about 700 employees, representing a 13 percent workforce reduction. Other large tech companies that have conducted similar mass layoffs in recent months include Twitter, Meta, Roku, Peloton, Amazon, and Snap.
Now, You Can Buy a VanLife-Ready Transit Directly From the Ford Factory
The 2023 Ford Transit Trail is perfect for anyone who loves to explore and have new experiences.
The most significant challenge to using a van for long-distance excursions is the preparation. Most vehicles aren’t designed to accommodate extensive interior changes, like refrigerators, beds, and lighting fixtures–requiring many hours of custom work. However, Ford’s new Transit vans come prepped from the factory to accept popular VanLife modifications.
If you’re someone who loves adventure, then you’ll need a vehicle that can keep up with your lifestyle– enter the 2023 Transit Trail. This van is available in medium- and high-roof cargo configurations, providing ample space for all of your gear. The most spacious configuration offers 487 cubic feet of space, meaning there’s plenty of room to customize it to fit your needs. Plus, it has enough standing room for people six feet five inches tall and 14 feet of floor space in the cavernous cargo area.
This vehicle has been designed with convenience in mind- there are areas specifically for things like shelves, cabinets, and a bed. Buyers also have the option of an Upfitter package, which adds an exterior light bar, a larger center console, dual AGM batteries, and heavy-duty switches and electronics to make it easier to power accessories.
Not only has the inside been fixed up, but this Transit has also been built to handle tough adventures. It has a 3.5-liter turbocharged EcoBoost V-6 engine that makes 310 hp and 400 lb-ft of torque. This means it can go fast and carry a lot. The power goes to all four wheels through a 10-speed automatic transmission. The Transit has also increased its ride height by 3.5 inches for more ground clearance while keeping the 30-inch Goodyear Wranglers that guarantee you won’t get stuck anywhere. The 6500-pound towing capacity will come in handy when needing to tow a car or use it as your home away from home on race weekends.