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Showing posts with the label Safe Strategy

No Safety in Safe Strategies due to 3 Reasons

Whether you are in business, employment, student or just a home-maker, you'll probably realize that there is no safety in safe strategies .  In the part, people could just specialize in one skill, work for a good employer for life, save some money, and see their retirement nest egg grows into a level that they can live comfortably for many years.   Today one skill is not sufficient, and your savings may not be enough after paying for your house mortgage, and our Prime Minister said that we have to work till 67.     In business, even if your product is good and well accepted, your company can lose out to competitors very quickly.  Who would have predicted that Nokia, whose market share was 40% in 2009, can only managed 4% market share today?  In employment, many so-called experienced people are now being replaced by younger people whose drive and wide skills base are much sought after.  Those in leadership positions in 'established' organizations too saw their positions