Thursday, December 11, 2008
Leverage
Writing a chapter in my new book called leverage in coaching context. What does it mean to most people about "leverage" ? In investment world, it has become a "doggy" word which has caused calamities in the world because of the leverage that most investors went crazy creating the investment bubble that's fueled by none the less the easy money policy of the US Federal Reserve. The boom and bust that goes with investment and economy could have the same effect in coaching world. The leverage we use in the form of borrowed favors from family and friends, if without accountability and introspection when is enough could prove damaging as well. So living and doing within our means is the key to maintain the form of stable relationship that could make things a lot easy. Current situation of deleveraging process in business world is as painful as one could imagine, that unwinding the borrowings and going back to basic need adjustment slowly. In relationship, that's also true
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