By 1985, the business community had accepted the PC IBM announced 4 years earlier. Movement toward globalization and free trade was gaining momentum. What was going on was enough to warrant revisiting my assumptions and rethinking how my 8-year-old daughter and 5-year-old son might be earning their living when they graduated from university by the end of the millennium. Seven years later, I documented an Internet-based approach to acquainting students with the country they were living in, how it was changing, where the jobs would be, and what kind of education it would take to qualify for them. In 1992, I was told that I was 25 years ahead of my time.
Both of my children graduated from university and both are gainfully employed.
Many of the university graduates who have now moved back home to live with their parents for lack of a steady income were feeling the impact of using 20th century thinking about the needs of 21st century employers and the absence of a system to teach them about the economy in ways they’d never considered before. There was nothing in place that would have explained the implications of free trade: increased competition, not cheaper U.S.-made cars; the export jobs to low cost geographies and the emergence of precarious employment as the new normal. Computers, artificial intelligence and robotics had already started replacing not only blue-collar workers but white-collar workers as well.
The thinking behind what I proposed in 1992 spawned Personal Due Diligence, or PDD, in 2012. It’s the one-on-one version of the larger, Internet-based system.
In an article in its June 1992 issue, FORTUNE magazine said, in part:
“Between 1980 and 1990, FORTUNE 500 companies shed 3.4 million jobs, but companies with fewer than 500 employees created more than 13 million.”
In a 1991 document entitled The Prosperity Initiative, the Government of Canada said:
“Canadians are asking what the future holds for themselves and their families. In a profoundly changing world, they know that traditional strategies are no longer enough to provide economic security and prosperity, and protect our environment. New approaches are needed to meet the challenges that confront us — challenges that threaten our ability to generate new jobs, our standard of living, and our social programs.”
PDD is a new approach. You can learn about it by exploring this website. It applies as much to adults who find themselves between situations as it does to our children. I’ve met face-to-face with 2134 of those adults. People who have lived through what they experienced might easily be people you know and care about.
This is a matter that cannot wait. We’re here to discuss with you how to apply 21st century thinking to the needs of a 21st century world so that we can leave 20th century thinking where it belongs: in the 20th century.
F. Neil Morris
President & Founder
Personal Due Diligence