The Dead Sea Effect
In Australia, we’re coming out of what is colloquially called the GFC (or Global Financial Crisis). Due to an uncommonly-persistent bout of common sense by past Australian Governments, Australia has weathered the GFC relatively unscathed, although the signs a year ago were substantially more bleak.
This all means that the private sector (and by inference, each company in it) is moving from survival mode to growth mode. From past experience, this is a tricky time to be a manager, because the pendulum rapidly swings from “My employees are lucky to have a job” to “My employees are all leaving for better offers”.
An interesting opinion piece on this subject is The Dead Sea Effect. Check it out – I’m interested in what everyone thinks about it.