Welcome to Workplace Hidden Opportunities (WHO), the network community for workplace and corporate real estate professionals, students, and observers. Membership is required to access posts and most other content. A few public pages reflected on the top menu bar describe the WHO community and its purpose. Also, The Psychology of Subscriptions provides even more context for our reasons for membership.
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David Mills, Founder Catalyst Co-creator
Warning Signs That a Bubble Is About to Burst
You don’t need a Nobel to see the similarities between 1999 and 2019
By Scott Galloway
In 1999, I and a gaggle of other San Francisco internet founders and CEOs went to an airfield, where we browsed private jets. It made sense that, at 34, I should have a one-bedroom apartment to transport me across the surface of the atmosphere at mach .8, because I was a fucking genius who could afford, on paper, to spend the equivalent of a thousand years of my mother’s salary on a Gulfstream.
Jamie Dimon, CEO of JPMorgan Chase, defines a financial crisis as “something that happens every five to seven years.” It’s been 11 since the last recession. As you get old enough to observe cycles as actual cycles, you begin to recognize that the economic time you’re in is a point on a curved line, and, sooner than you think, the direction of the line will change. Better or worse.
An asset bubble is a wave of optimism that lifts prices beyond levels warranted by fundamentals, ending in a crash. In 1999, I promised myself that I’d be smarter next time. “Next time” meaning on the cusp of a pop or recession.
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Workplace Hidden Opportunities (WHO) provides you with an application for building and expanding your global networks to support you and your projects; and those of your colleagues and clients.
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May Day, or Labor Day, is a public holiday in many countries worldwide. It usually occurs around May 1, but the date varies across countries. It is associated with the start of spring as well as the celebration of workers.
May 1st, International Worker’s Day, commemorates the historic struggle of working people throughout the world, and is recognized in every country except the United States and Canada. This is despite the fact that the holiday began in the 1880’s in the U.S., with the fight for an eight-hour work day led by immigrant workers.
In Mexico, May 1st is a Federal holiday known as Día del Trabajo (Labor Day) or Primero de Mayo. Banks, schools, government offices and many businesses are closed, but most shopping centers and many restaurants will remain open for business.
Having the day off means people can either relax at home or spend time with family or friends. In the main streets of major cities, Labor Day parades, rallies or demonstrations often feature large crowds holding banners to promote workers’ rights.
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His research was slow to gain widespread traction during his lifetime, but it later served as a key influence on the English mathematician Sir Isaac Newton (1643-1727) and his law of gravitational force. Additionally, Kepler did important work in the fields of optics, including demonstrating how the human eye works, and math. He died on November 15, 1630, in Regensberg, Germany.
As for Kepler’s calculation about the universe’s birthday, scientists in the 20th century developed the Big Bang theory, which showed that his calculations were off by about 13.7 billion years.
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Science and discovery are more about evolving understanding than proving anything. Nevertheless, a hypothesis sets the investigations in process. That is one of the things we are about here at WHO, our world and workplace.
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If the world has been driven to its current state by belief, supposition, understanding, insight, knowledge, or superstition: then perhaps it is time to recognize those machinations of the mind for what they are and re-frame each of those as simply a hypothesis.
Hypothesis is a proposed explanation made on the basis of limited evidence as a starting point for further investigation. If this, then that.
This shift can be applied to anything big or small (life transforming or seemingly urgent). Many have described this as a scientific method.
Concepts of good and bad start with personal judgement about perspectives. Their very nature limits the observation to time and place. The alternative to these judgments is discernment; simply asking, with childlike curiosity, ‘what is this and why is it this way?’
This shift changes the dynamic of all communication, internal and external.
If we could individually and collectively make this shift, then the world would be a better place.
Workplace Ecosystems seems like an ideal place to invite a collective intelligence energy and discussion about this on particular topics.
How exactly do we do that? I don’t know, do you?
Our objective here is to provide a showcase for ideas, opportunities, and conversation; with the hypothesis that the conversation will spawn ideas and opportunities.
Looking forward to your observations which you can post as a comment or share more privately in Contact Us