Stunning Moody's Report - How Should Business Leaders Evolve Their Organization?

Leadership in the U.S. consistently ignores clear bubblescould yet make their credit more vulnerable," says
with a kind of arrogance which is a disservice toArnaud Mares, senior vice president in Moody's
citizens. The list is growing, .dot com., housing, U.S debtsovereign risk group and the main author of the report.
and what next? Who would have guessed the U.S. isEmbarrassed and profoundly frustrated with the serial
viewed like "a bad loan"...like a poor credit score onarrogance of Government Leaders to senseless and
your credit cards.irresponsible debts.
Arrogance and dishonesty has created a systemic,Here are 3 tips to anticipate next cause and effect
long ignored pattern of behavior which is unsustainable.results.
Consider recent news that the United States and1. Excessive debt kills and removes choices. The
Britain are more likely than Germany and France toscenario is the same for a family, an organization or a
witness an embarrassing downgrade of their top debtbusiness. What reasons are to believe the U.S citizens
rating, agency Moody's Investors Service said.won't lose choices?
In a quarterly report assessing the prospects of the2. Get your own financial house in order. Anticipate
triple A-rated countries, including Spain and the "lesscredit availability will feel like a someone walking across
fiscally challenged" Denmark, Finland, Norway andthe desert with no water.
Sweden, Moody's warned Monday that the economicUpdate your business succession plan. Not in the
recovery remained fragile in many advancedtraditional sense. Update your business evolution plan.
economies.Be honest with what is happening, sort out your
"This exposes governments to substantial executionchoices, decide what you wish to protect and act.
risk in the implementation of their exit strategies, which