Monday 17 February 2020

Real leaders are not focused on growth

Politicians talk all the time about GDP and economic growth as if they are sacrosanct. I think such thinking is idiotic.

GDP in simple terms is the value of a country's economic activity at any given time. Who cares?

Prioritising well-being is far more important as some countries understand and as I have written about before.

Economic activity is an outcome. Well-being is a process. When we take care of processes outcomes take care of themselves.

I have written about processes many times before too. As a reminder they includes policies, procedures, practices, principles, systems and structures.

I'm celebrating 30 years as a business mentor this year. Personal growth stays important to me. Economic growth is as it has always been, a consequence of following proven processes that work for me. Today I work for fee a lot less than I once used to, by design. Growth is no longer important. Thriving is what's important and discretionary time which I regard as wealth.

How about you? Is economic activity for its own sake important to you? Are you focused on growth or well-being? Are you attached to outcomes or committed to proven processes that work for you?

Who will you become?

What will you do next?

Be remarkable.
Ian

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