By Michael O'Brien, Larry Shook
Are you dangerously general? many of the world's catastrophes do not come from blunders. Wars, NASA house tragedies, worldwide financial meltdowns all have something in universal they're attributable to basic considering. Quicksilver exhibits that humanity now suffers from a studying affliction that threatens our destiny. for this reason, leaders needs to enhance a shape-shifting skill to continually modify themselves and their corporations to quicksilver stipulations. The publication seems to be on the failed management at the back of the 2008 monetary predicament from the point of view of the fast-changing electronic international, which has outpaced conduct of brain. It specializes in cognitive psychology and proposes a collection of practices geared toward dealing with difficulties of the electronic age. we're all leaders. Quicksilver will train you ways to inoculate your self opposed to self-defeating, general pondering, and systematically neutralize worry, which is available in many guises. Be a pacesetter with the non-public braveness and integrity that individuals may want to stick with.
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Additional info for Quicksilver: A Revolutionary Way to Lead the Many and the Few -- Beginning with YOU
Sample text
In other words, the crisis that ultimately did occur, that continues to unfold, Greenspan simply proclaimed to be too unlikely to worry about. The self-correcting forces of the free market, he believed, made the modern economy unsinkable. In a way, Greenspan turned out to be right: the economy proved to be as unsinkable as the Titanic. In 1997, as the Times reported, a powerful federal authority challenged Greenspan’s reassurances. This was attorney Brooksley E. Born, chairwoman of the Commodities Futures Trading Commission (CFTC).
In his testimony at the time,” reported the Times, “Mr. Greenspan was reassuring. ‘Risks in financial markets, including derivatives markets, are being regulated by private parties,’ he said. ” Still, not even Greenspan was completely asleep to derivatives’ significance. “Mr. Greenspan warned that derivatives could amplify crises because they tied together the fortunes of many seemingly independent institutions,” reported the Times. ” But Greenspan managed to disregard his own warning. ’ ” In other words, the crisis that ultimately did occur, that continues to unfold, Greenspan simply proclaimed to be too unlikely to worry about.
The result was no less catastrophic for that, however. Stop the film again. This is a critical moment in the evolution of Wall Street’s Monster. It clearly reveals the dynamic of unconsciousness now threatening not just the economy, but civilization itself. It also reveals an irony in the title of Lowenstein’s book, When Genius Failed. What we have been calling genius can no longer be seen as genius. In today’s world, genius without consciousness is not genius at all. We deal with discrete technological advance almost automatically.