It’s well into the year and I’m still getting bombarded with negative content around the dire economic forecast for 2019. It’s hard to avoid!
Off the back of record-breaking optimism the previous year, the most recent Annual Global CEO Survey tells a very different story with a record jump in pessimism. Nearly one third of CEOs are now projecting a decline in global GDP growth. Last year it was just 5%. That’s a dramatic and sudden change of heart.
It’s easy to pinpoint some of the factors behind this doubt. As China’s economy continues on a downward slope, our own government remains on unstable ground. Taxation reform and the fallout from the banking royal commission add uncertainty to a fiery political landscape.
Whilst these fears may all be true, they’re also issues you have no control over, so I refuse to be distracted by the noise.
Looking ahead, we mostly see lots of good.
We’re seeing tech perform amazing feats that are revolutionising our industry and others. Conversely, human connection and optimal service levels are being sought more than ever before. We’re aiming to maximise our engagement of both, and enjoying the art of doing so.
The transactional landscape has been strong and early on it’s showing no signs of slowing down – strong deals on strong valuation. We’re connecting with, presenting to and working for a stream of innovating businesses – both young and old – and there are juicy deals of all shapes and sizes coming across our desks. The wheels are turning and momentum is good. A negative outlook is self-fulfilling.
We’re welcoming new faces to the team, seeing longstanding employees grow their families, and supporting some exciting professional development among our ranks.
Picture your journey as if riding one of the Lime scooters all over town. Head down, not looking and a narrow focus spells disaster. But keep our sights up and our wits about us, good things will happen.