Saturday, July 28, 2018

SIR YES SIR Frame of Mind


“A YES SIR” FRAME OF MIND

Truly explaining what a “Yes Sir” frame of mind entails is a complex matter, but simply put, having such a perspective requires you to be a simply put human, who gets done what is asked of them, and does not question authority. If you possess a “Yes Sir” frame of mind, it makes you agreeable and approachable with your co-workers, as well as your superiors.
For people above in authority to you, you should always do what they require of you, just because they are your superiors, and they pay you to work for them. You are required to do what they ask, even though you might subconsciously not find it agreeable, because you are paid by them, and they expect work equivalent to their pay, from you. Having a “Yes Sir” frame of mind will make your superiors want to work with you even more, and this will turn into a bond of trust that will become unbreakable, and in the long run, your superiors will begin allotting you with more confidential and complex tasks, as you have proved to be a person who can rise up to the occasion and handle tasks no matter how huge they are.

With your co-workers or the people below authority to you however, it is a different story.  With them, it is not necessary to have a “yes sir” frame of mind, but it is more than agreeable to be so. The people who work under you look for a superior who listens to them, takes into account their points of view, does not discriminate against them just because of their position, and treats them like a human being with valid points to consider, and not merely a tool for suggestion.

The main point to consider is why you should acquire a “Yes Sir” frame of mind. Simply put, authority is obeyed because people want a reward at the end of it all. Their incentive is acknowledgement or appreciation of any kind, be in verbal, or through monetary and other such benefits. Human beings are motivated by incentives and benefits, and likewise, human behavior is such that people reward those who are obedient to what they say, and follow their orders without talking back, or questioning their orders. It is a biological need to feel superior, to have people obey what you say. Having a junior at work who does exactly that is a subconscious upliftment, which will translate to a lot a benefits and promotions for you.

However, it also isn’t advisable to be a complete “Yes Man”, acknowledging and agreeing with everything your superior says. Most people can automatically see through this, and can understand if you are being genuine to them or not. If people realize you are being fake, you will actually be hated more than appreciated for your work, and over time, you will not be taken seriously for who you are. In order to counteract this, and receive the praise and appraisal that you are due, you should understand the line between being a “Yes Man” and a “Yes Sir”.

Being a “Yes Man” is something that is not well appreciated within social circles. You become a person who starts agreeing the your superiors every single command, no matter what they are, just so that you can get in their good books, and you hope to get appraisals and promotions through that. However, you put on a facade, and everyone can see right through your farce. Your superiors use you as a tactical weapon for when they need to get their way with someone else. 

However, when the time comes, you are overlooked for promotions and appraisals, and the job is always given to someone who may be less deserving according to you, but according to the superior, they have a personality and know when to have a differing opinion. That sort of person has a “Yes Sir” frame of mind. These people are inherently more valued and respected by superiors, because of their tactful ways of handling situations. Having a “Yes Sir” frame of mind means that you have the courage to stand up to your bosses, have an intellectual exchange of thoughts and ideas with your superior, but when the time comes, you can stand up with them, and defend them. With people in a lower post, you are appreciated because you respect them as people, but at the same time, you know when to draw the line and put your foot down, and show them who’s boss.



Sunday, July 22, 2018

Next Recession in 2020? What Will Be the Impact?

Next Recession in 2020? What Will Be the Impact? | MyKCM
Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent report by Zillow Research shed light on a survey conducted by Pulsenomics in which they asked economists, investment strategists and market analysts how they felt about the current housing market. That report revealed the possible timing of the next recession:
Experts largely expect the next recession to begin in 2020.”
That timing concurs with a recent survey of economists by the Wall Street Journal:
“The economic expansion that began in mid-2009 and already ranks as the second-longest in American history most likely will end in 2020 as the Federal Reserve raises interest rates to cool off an overheating economy, according to forecasters surveyed.”
Here is a graph comparing the opinions of those surveyed by both the Wall Street Journal and Pulsenomics:
Next Recession in 2020? What Will Be the Impact? | MyKCM

Recession DOES NOT Equal Housing Crisis

According to the Merriam-Webster Dictionary, a recession is defined as follows:
“A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.”
A recession means the economy has slowed down markedly. It does not mean we are experiencing another housing crisis. Obviously, the housing crash of 2008 caused the last recession. However, during the previous five recessions home values appreciated.
Next Recession in 2020? What Will Be the Impact? | MyKCM
According to the experts surveyed by Pulsenomics, the top three probable triggers for the next recession are:
  • Monetary policy
  • Trade policy
  • A stock market correction
A housing market correction was ranked ninth in probability. Those same experts also projected that home values would continue to appreciate in 2019, 2020, 2021 and 2022.  
Others agree that housing will not be impacted like it was a decade ago.
Mark Fleming, First American’s Chief Economistexplained:
“If a recession is to occur, it is unlikely to be caused by housing-related activity, and therefore the housing sector should be one of the leading sources to come out of the recession.”
And U.S. News and World Report agreed:
“Fortunately – and hopefully – the history of recessions and current issues that could harm the economy don’t lead many to believe the housing market crash will repeat itself in an upcoming decline.”

Bottom Line

A recession is probably less than two years away. A housing crisis is not.