Pessimism is the secret to German success. The secret of German companies’ success—always see disaster around the corner

Pessimism is the secret to German success.

“German executives are almost always less confident in the future than they are in the present. Since 2004, the index for future conditions has been lower than the one for current conditions nearly three-quarters of the time. In recent history, only during the darkest days of the global financial crisis did German managers think that conditions tomorrow would be better than today. Pessimism about the future looks like an ingrained personality trait.”

http://qz.com/202610/the-secret-of-german-companies-success-always-see-disaster-around-the-corner/#/

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