Monday, June 13, 2016

The biggest concern....

Wednesday, June 8, 2016

In the dark?

Tuesday, June 7, 2016

Stay Away From Negative People.....

Good Strategy/BadStrategy: The Difference and Why It Matters

Video - http://www.youtube.com/watch?v=UZrTl16hZdk

Speaker(s): Professor Richard Rumelt
Chair: Professor Gordon Barrass


Developing and implementing a strategy is the central task of any leader. Richard Rumelt shows that there has been a growing and unfortunate tendency to equate motherhood and apple-pie values and fluffy packages of buzzwords with "strategy."

Richard Rumelt is the Harry and Elsa Kunin Professor of Business and Society at UCLA Anderson.

Bad Business Decisions and Famous Quotes

Here are a few bad decisions from the world of business that have become famous -- and are downright humorous in hindsight. Some people learned from their mistakes and moved on (Bill Gates.) Some, sadly, faded into history (Decca).
"640K ought to be enough for anybody." -- Bill Gates, 1981

"Drill for oil? You mean drill into the ground to try to find oil? You're crazy." -- Drillers who Edwin L. Drake tried to enlist to his project to drill for oil in 1859

"But what ... is it good for?" -- Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.

"There is no reason anyone would want a computer in their home." --Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977

"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?" --David Sarnoff's associates in response to his urgings for investment in the radio in the 1920s. I hope he fired all of them.

"The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible." -- A Yale University management professor in response to Fred Smith's paper proposing reliable overnight delivery service. (Smith went on to found Federal Express Corp.[FedEx])

"Heavier-than-air flying machines are impossible." -- Lord Kelvin, president, Royal Society, 1895.

"Airplanes are interesting toys but of no military value." -- Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre. Wasn't France bombed in World War Two?

"I'm just glad it will be Clark Gable falling on his face and not Gary Cooper" -- Gary Cooper on his decision not to take the leading role in "Gone With the Wind"



And my three favorites:

"We don't like their sound, and guitar music is on the way out." --Decca Recording Co. rejecting the Beatles, 1962

"This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." -- Western-Union internal memo, 1876.  Alexander Bell offered the patent for the Telephone to Western-Union in 1876 for $100,000. They declined. The telephone patent has been estimated as the most valuable patent of all time. Bell's Company, AT&T, later aquired Western-Union. Special Note -- In 1971 AT&T turned down an offer to own the Internet. Oh well.


"So we went to Atari and said, "Hey we've got this amazing thing, even built with some of your parts, what do you think about funding us? Or we'll give it to you. We just want to do it. Pay our salary, we'll come work for you." And they said, "No". So then we went to Hewlett Packard and they said, "Hey, we don't need you; you haven't even got through college yet." -- Apple Computer Co-Founder Steve Jobs on attempts to get Atari and HP interested in he and Steve Wozniak's personal computer. HP recovered nicely (though not quite as nicely, I suspect as they would have if they'd chanced it) but where is Atari today.

Special Mention -- Couldn't find a quote for these two, but...

In 1933 Coca-Cola declined an opportunity to buy it's then-bankrupt and insignificant rival Pepsi - Cola

In 1999, Excite declined the opportunity to buy Google for $1 million. It's possible that ANY quote on this from Excite would be -- a-hum -- unprintable. ;)

About the author:  http://www.articlesbase.com/authors/mark-hester/30502

Monday, June 6, 2016

5 Keys to Inspiring Leadership, No Matter Your Style

5 Keys to Inspiring Leadership, No Matter Your Style

Forget the stereotypical leadership image of a buttoned-up person in a gray suit hauling around a hefty briefcase. Today, standout leaders come in all shapes and sizes. She could be a blue jeans-clad marketing student, running a major ecommerce company out of her dorm room. He might be the next salt-and-pepper-haired, barefoot Steve Jobs, presenting a groundbreaking new device at a major industry conference.

"Our research indicates that what really matters is that leaders are able to create enthusiasm, empower their people, instill confidence and be inspiring to the people around them," says Peter Handal, chief executive of New York City-based Dale Carnegie Training, a leadership-training company.

That's a tall order. However, as different as leaders are today, there are some things great leaders do every day. Here, Handal shares his five keys for effective leadership: 

1. Face challenges.
Face challenges
Great leaders are brave enough to face up to challenging situations and deal with them honestly. Whether it's steering through a business downturn or getting struggling employees back on track, effective leaders meet these challenges openly. Regular communications with your staff, informing them of both good news and how the company is reacting to challenges will go a long way toward making employees feel like you trust them and that they're unlikely to be hit with unpleasant surprises.

"The gossip at the coffee machine is usually 10 times worse than reality," Handal says. "Employees need to see their leaders out there, confronting that reality head-on." 

2. Win trust.
2. Win trust.
Employees are more loyal and enthusiastic when they work in an environment run by people they trust. Building that trust can be done in many ways. The first is to show employees that you care about them, Handal says. Take an interest in your employees beyond the workplace. Don't pry, he advises, but ask about an employee's child's baseball game or college graduation. Let your employees know that you're interested in their success and discuss their career paths with them regularly.

When employees, vendors or others make mistakes, don't reprimand or correct them in anger. Instead, calmly explain the situation and why their behavior or actions weren't correct, as well as what you expect in the future. When people know that you aren't going to berate them and that you have their best interests at heart, they're going to trust you, Handal says. 

3. Be authentic.
If you're not a suit, don't try to be one. Employees and others dealing with your company will be able to tell if you're just pretending to be someone you're not, Handal says. That could make them question what else about you might be inauthentic. Have a passion for funky shoes? Wear them. Are you an enthusiastic and hilarious presenter? Get them laughing. Use your strengths and personality traits to develop your personal leadership style, Handal says. 

4. Earn respect.
4. Earn respect.
When you conduct yourself in an ethical way and model the traits you want to see in others, you earn the respect of those around you. Leaders who are perceived as not "walking their talk" typically don't get very far, Handal says. This contributes to employees and other stakeholders having pride in the company, which is an essential part of engagement, Handal says. Also, customers are less likely to do business with a company if they don't respect its values or leadership. 

5. Stay curious.
5. Stay curious.
Good leaders remain intellectually curious and committed to learning. They're inquisitive and always looking for new ideas, insights and information. Handal says the best leaders understand that innovation and new approaches can come from many places and are always on the lookout for knowledge or people who might inform them and give them an advantage.

"The most successful leaders I know are truly very curious people. They're interested in the things around them and that contributes to their vision," Handal says.

Gwen Moran is a freelance writer and co-author of The Complete Idiot's Guide to Business Plans (Alpha, 2010).

9 Habits of People Who Build Extraordinary Relationships

The most extraordinary professional relationships are built by ordinary actions like these.


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Professional success is important to everyone, but still, success in business and in life means different things to different people--as well it should.

But one fact is universal: Real success, the kind that exists on multiple levels, is impossible without building great relationships. Real success is impossible unless you treat other people with kindness, regard, and respect.

After all, you can be a rich jerk... but you will also be a lonely jerk.

That's why people who build extraordinary business relationships:


1. Take the hit.
A customer gets mad. A vendor complains about poor service. A mutual friend feels slighted.

Sometimes, whatever the issue and regardless of who is actually at fault, some people step in and take the hit. They're willing to accept the criticism or abuse because they know they can handle it--and they know that maybe, just maybe, the other person can't.

Few acts are more selfless than taking the undeserved hit. And few acts better cement a relationship.

2. Step in without being asked.
It's easy to help when you're asked. Most people will.

Very few people offer help before they have been asked, even though most of the time that is when a little help will make the greatest impact.

People who build extraordinary relationships pay close attention so they can tell when others are struggling. Then they offer to help, but not in a general, "Is there something I can do to help you?" way.

Instead they come up with specific ways they can help. That way they can push past the reflexive, "No, I'm okay..." objections. And they can roll up their sleeves and make a difference in another person's life.


Not because they want to build a better relationship, although that is certainly the result, but simply because they care.

3. Answer the question that is not asked.
Where relationships are concerned, face value is usually without value. Often people will ask a different question than the one they really want answered.

A colleague might ask you whether he should teach a class at a local college; what he really wants to talk about is how to take his life in a different direction.

A partner might ask how you felt about the idea he presented during the last board meeting; what he really wants to talk about is his diminished role in the running of the company.

An employee might ask how you built a successful business; instead of kissing up he might be looking for some advice--and encouragement--to help him follow his own dreams.

Behind many simple questions is often a larger question that goes unasked. People who build great relationships think about what lies underneath so they can answer that question, too.

4. Know when to dial it back.
Outgoing and charismatic people are usually a lot of fun... until they aren't. When a major challenge pops up or a situation gets stressful, still, some people can't stop "expressing their individuality." (Admit it: You know at least one person so in love with his personality he can never dial it back.)

People who build great relationships know when to have fun and when to be serious, when to be over the top and when to be invisible, and when to take charge and when to follow.

Great relationships are multifaceted and therefore require multifaceted people willing to adapt to the situation--and to the people in that situation.

5. Prove they think of others.
People who build great relationships don't just think about other people. They act on those thoughts.

One easy way is to give unexpected praise. Everyone loves unexpected praise--it's like getting flowers not because it's Valentine's Day, but "just because." Praise helps others feel better about themselves and lets them know you're thinking about them (which, if you think about it, is flattering in itself.)

Take a little time every day to do something nice for someone you know, not because you're expected to but simply because you can. When you do, your relationships improve dramatically.

6. Realize when they have acted poorly.
Most people apologize when their actions or words are called into question.

Very few people apologize before they are asked to--or even before anyone notices they should.

Responsibility is a key building block of a great relationship. People who take the blame, who say they are sorry and explain why they are sorry, who don't try to push any of the blame back on the other person--those are people everyone wants in their lives, because they instantly turn a mistake into a bump in the road rather than a permanent roadblock.

7. Give consistently, receive occasionally.
A great relationship is mutually beneficial. In business terms that means connecting with people who can be mentors, who can share information, who can help create other connections; in short, that means going into a relationship wanting something.

The person who builds great relationships doesn't think about what she wants; she starts by thinking about what she can give. She sees giving as the best way to establish a real relationship and a lasting connection. She approaches building relationships as if it's all about the other person and not about her, and in the process builds relationships with people who follow the same approach.

In time they make real connections.

And in time they make real friends.

8. Value the message by always valuing the messenger.
When someone speaks from a position of position of power or authority or fame it's tempting to place greater emphasis on their input, advice, and ideas.

We listen to Tony Hsieh. We listen to Norm Brodsky. We listen to Seth Godin.

The guy who mows our lawn? Maybe we don't listen to him so much.

That's unfortunate. Smart people strip away the framing that comes with the source--whether positive or negative--and consider the information, advice, or idea based solely on its merits.

People who build great relationships never automatically discount the message simply because they discount the messenger. They know good advice is good advice, regardless of where it comes from.

And they know good people are good people, regardless of their perceived "status."

9. Start small... and are happy to stay small.
I sometimes wear a Reading Football Club sweatshirt. The checkout clerk at the grocery store noticed it one day and said, "Oh, you're a Reading supporter? My team is Manchester United."

Normally, since I'm pretty shy, I would have just nodded and said something innocuous, but for some reason I said, "You think Man U can beat Real Madrid next week?"

He gave me a huge smile and said, "Oh yeah. We'll crush them!" (Too bad he was wrong.)

Now whenever I see him he waves, often from across the store. I almost always walk over, say hi, and talk briefly about soccer.

That's as far as our relationship is likely to go and that's okay. For a couple of minutes we transcend the customer/employee relationship and become two people brightening each other's day.

And that's enough, because every relationship, however minor and possibly fleeting, has value.

People who build great relationships treat every one of their relationships that way. (That's a lesson I need to take to heart more often.)