Newsletter: Historical Compass
Updated: Jul 24, 2020
(Volume 1, Issue 9)
Topic of the week: Emotional Competence
Daniel Goleman, science journalist formerly for The New York Times, has published extensively about emotional competence. In his emotional competence framework, leaders reach a tipping point of star performance when they show strength in at least six competencies with at least one competency in each of the four emotional competence domains:
Self-awareness (or Recognition of Self): Self assessment, self confidence
Social-awareness (or Recognition of Others): Empathy, service to others
Self-management (or Regulation of Self): Self control, trustworthiness, concientiousness, adaptability, drive for achievement
Relationship-management (or Regulation of Others): Influence, conflict management, communication, vision setting, collaboration, catalyzing change
More articles forthcoming about emotional intelligence, neuroplasticity, neurobiology and practical steps to strengthen emotional competence.
Quote of the week
"An investment in knowledge pays dividends." - Benjamin Franklin
Three recent articles
1. Jamie Catherwood of O'Shaughnessy Asset Management, writes how history is not a road-map but a compass. Past crises surfaced as second- or third-order effects of a prior catalyst. The San Francisco earthquake of 1906 could be seen as a catalyst of the third-order Panic of 1907, the most severe recession preceding the Great Depression. What are possible second- or third-order effects of COVID-19? (See June 26 issue article #1.)
2. An article about the possible scenarios that may unfold as China implements Article 23 in Hong Kong and Macau. China favors patriotic loyalty over all else. Watch Hong Kong.
3. Jason Collins reminds us to be wary of academic hubris and not to believe everything researchers publish about behavioral science. Research itself may be biased. Same goes for investor luminaries as Aswath Damodaran says in this Q&A.