It would be interesting to know just how much productivity is lost during events like general elections, World Cups, Olympic games and America’s Cup campaigns. Events that none of us (individually) has any control over seem to dominate our thoughts and our conversations. When the event finishes I feel a boost of productivity – because I can return to talking and thinking about, and doing, the things that actually add value to my clients and the economy (not to mention my family and my relationships). For example, I find time to post on this neglected blog.
So while lawyers often enjoy a change of government – because it can mean a boost in law-making and the need for expert advice – I think that most businesses like the idea of being left alone by politicians for 3 more years. The contingency plans that the power companies were drawing up to deal with Labour’s “NZ Power” policy can be shelved (for the time being). So can the capital gains tax “mitigation” plans that were starting to appear during the past few months.
Even if major legislative change is one thing less to have to plan for, there are still enough general business, economic, geo-political, technological, demographic, climate and other changes and uncertainties to keep all of us on our toes. But at least the end of election season has freed up some of our personal bandwidth to attend to the things we can influence ourselves.