Will your company survive and even thrive in the Post-COVID-19 economy? Think again, the data is not in your favor.

In a 2010 article in Harvard Business Review titled “Roaring Out of Recession” authors Ranjay Gulati, Nitin Nohria, and Franz Wohlgezogen provide insight into how companies faired 3 years post-recession for the past three recessionary periods (1980 crisis, 1990 slowdown, and 2000). After researching 4,700 companies, the data showed that 17% of companies didn’t survive, resulting in bankruptcy, being acquired or forced to go private. In fact, 3 years post-recession, 80% did not regain their prerecession growth rates for sales and profits, while only 9% flourished!

What was the difference between those that flourished and those that didn’t? The companies that flourished were found to effectively balance between cost-cutting and investing to grow after the recession, but it isn’t that simple.

It comes down to the psychology of the...

Achieving Peak Performance Through Effective Goal Setting

Research shows that goals that are written are 80% more likely to be accomplished. Before we can set effective goals that are meaningful and motivating, we need to be in the proper mindset. 

A peak performance mindset begins with changing your limiting beliefs into liberating beliefs. Research shows that 80% of our success comes from our mindset and 20% from our skills. Given that statistic, it is imperative that we understand some of the hurdles that stand in our way of that success.  The National Science Foundation has found that we have 60,000 thoughts each day, with 48,000 of them being negative. So, the negative mindset is paralyzing our ability to reach our goals day in and day out. 

The question is, how do we overcome these negative thoughts to break through and reach our goals?   Author, Shawn Achor, outlines in his book, Before Happiness, that people with a happy mindset are 23% more...