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Fiscal Cliff: 5 Business Lessons to Learn
What businesses should learn from the government's inability to tackle the national debt.

Article


iStockphoto.com
December 04, 2012 By Daniel L. Newman

I recently watched a CEO summit on Bloomberg Television in which CEO’s of leading global organizations discussed the rapidly approaching fiscal cliff and shared their views on how the situation and the many issues surrounding it should be handled.

The panel was comprised of a number of high power CEO’s, including Blackrock’s Laurence Fink; David Cote of Honeywell; Nasdaq’s Robert Greifield; and Scott Davis of UPS.

I watched with a conflicted combination of interest and apathy as I have grown increasingly tired of all of the rhetoric and the complete lack of progress that the government has made on these matters in the past several years. But as a proud citizen who wants the best for our country I was interested in what these gentleman had to say.

While I think it is wonderful that these global business leaders took the time to discuss their ideas to fix our biggest problems, I also felt that their perspective was slightly undermined because many people in this country and around the world have a hard time relating to or trusting such high-powered executives.

So as someone who sees themselves as more of a ‘Main Street’ CEO, as opposed to a ‘Wall Street’ CEO like these gentlemen, I wanted to take a crack at analyzing some of the biggest troubles our government and our economy are facing. I want to shed just a little bit of light on how someone like me sees the world and perhaps I can offer a few business lessons that executives keep in mind as they watch the our leaders in government flail around as this fiscal cliff rapidly approaches.

Click here for Fiscal Cliff: 5 Business Lessons to Learn.

Disclaimer: I am not taking any sides with either of our country’s controlling political parties. I refuse to even dip my toe in the water of partisan drama.

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About the author

Daniel Newman is the founder of BroadSuite Consulting (link digital to www.broadsuite.com), a specialized consulting firm that focuses on helping brands and businesses to be found, seen and heard online. Prior to finding BroadSuite, Newman spent his entire career in various integration industry roles including CEO of United Visual, a 60-plus-year-old commercial integrator. Part-time MBA instructor, he's also a contributing writer for Huffington Post, SAP and IBM.
View all posts by Daniel L. Newman
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