One more book...

Robert Coram wrote the acclaimed biography of Colonel John Boyd, Fighter Pilot, well worth a read if you have ever heard of OODA loops. Boyd died of Prostate Cancer in1997 and now Coram is fighting against the same foe.

Coram writes a compelling account of his fight on his web site. It concludes;

“In the meantime I am keeping my eyes upon the barricade.
And I am writing as fast as I can.”

Faced with a very uncertain future he wants to make sure that he writes at least one more book.

I am not sure, but I think Boyd would have approved.

The GFC is a myth, or it seems so to some.

I have been asking friends about what impact has the Global Financial Crisis, GFC, had on budgeting within their companies for the next financial year. Amazingly the responses I have been getting are that their companies are continuing to build growth into their plans as if there is no GFC. To them it appears to be a myth.

Now I will admit that my sample size is no where near a global representation but there does seem to be this head in the sand attitude. Or there is at least at the top line revenue level. I suspect that there is double budgeting going on. On one hand we all can't get off this growth kick we have been on so we are forecasting revenue growth. On the other hand it is batten down the hatches on cost control. The disconnect between revenue and cost will create some interesting dynamics going forward.

Is this happening at your company?

Is anyone out there planning how to ride out the GFC and come out stronger into whatever the new world brings?

Just some idol curiosity,

Cheers,

Rob