Today the Stock Market tanked almost 3%, a day after the government reported GDP numbers that unofficially indicated that the US is out of the worst recession since the Great Depression. President Obama released new data today, showing how successful the stimulus package was this year, despite a soaring unemployment rate expected to increase to about 9.9% in next week’s unemployment report. In a recent Harris Poll, 78% of Americans think the government is on the wrong track. What gives?
It is really very simple. Credibility. Our government has lost credibility with Americans. How much worse does it have to get before we give it a vote of no confidence. I’m not talking about politics here, I’m talking about our government, the whole enchilada. If this were a privately held company, and Congress was it’s Board of Directors and Executive Team, what would you do? I don’t know about you, but I’d fire them all. Why? Credibility and a poor track record. Now, I know that will never happen. How could we ever replace Congress in it’s entirety? So, what can we expect. More of the same. The message to leaders, credibility matters.
Americans want the truth. We also want some control over what happens to our country. Pork Barrel Politics, Ear Marks, Special Interest Groups, Lobbyists, all need major reform. Now. I was really concerned last year, when the future of our country hung on the balance of what a few men would do. Men that we did not put into office. When Federal Reserve Chairman Ben S. Bernanke and former Treasury Secretary Henry M. Paulson were making radical decisions for our country with almost no controls over their actions, I became worried. There were a lot of decisions made that we still don’t know the impact of. They obviously bought us some time, but at what cost? They have also been accused of misleading Americans while they went about doing what they thought was right for the country. We better hope that these two gentlemen are REALLY smart, or we are in for one heck of a ride over the next five or ten years (hopefully not longer). It doesn’t matter if they mislead us or not, what matters is that they have limited credibility with Americans. It’s all about credibility.
How do you maintain credibility?
- Have clear motives
- Communicate frequently
- Be honest and truthful in deed and words
- Don’t try to protect people from the truth
- Don’t try to please everybody
- Let numbers speak for themselves
- Do what you say you are going to do
- Apologize when you make a mistake
- Treat people with respect – don’t patronize them
- Always put your interests AFTER your organization’s
Lead With Honor!!
All the best,
All the time,