I have taken much heart from listening to some interesting speakers of late. I had the pleasure of attending the annual Fast Track dinner at Richard Branson’s house recently and one of the speakers was Dennis Turner the Chief Economist of HSBC. He gave a highly charismatic lecture (for an economist!) and concluded that the credit crunch is now over, the FTSE has enjoyed a 3 month rally, Libor has stabilised and he is predicting that the recession will be over in quarter 4 of this year and the road to recovery will begin in 2010.
Richard Branson was as upbeat and can-do as expected, holding a firm belief that our biggest barrier to success remains our own mindset. At the Yorkshire Business Conference last Friday I saw the ex-Leadership Coach of Yahoo, Tim Sanders who is now an author and motivational speaker. His viewpoint that even in difficult times there is “enough to go around” is hugely valid and he believes that 90% of our thoughts are driven by our inputs; if we constantly feed our minds with negative news we will generally find an excuse to fail.
I believe we interims and providers need to embrace such values in the current climate. Clearly there is a recession, but a recession ensures change and change drives the interim market. There is definitely “enough to go around”.
Andrew McIntee is a Director and Head of Financial Services Practice at Interim Practice.