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Archive | August, 2008

Another Olympic Lesson: How USA’s Women’s Volleyball Team Got Grabbed

Sunday, August 24, 2008

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Tayyiba Haneef-Park, 6’7” star of the USA Women’s volleyball team was asked to describe the difference between Brasil’s gold-medal play and that of team USA. She said: “When we made mistakes or the referee made a bad call — and they made them in both directions — we let in linger in our minds. That [...]

OLYMPIC LESSONS

Monday, August 18, 2008

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What can we learn from Olympic swimming champion Michael Phelps?  Media coverage of Phelps’ exploits and of his mother’s support has been extensive. But for those of us seeking to become better leaders of our own lives and those of our family, our community and the organizations where we work there is real juice in his [...]

Should Reckless CEOs Profit From Our Pain?

Friday, August 8, 2008

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Last October (2007), Kelsey Hubbard on WSJ’s MarketWatch (see video page on this website), asked me what went wrong at Merrill Lynch and what mistakes were made by Stan O’Neal who had not yet departed with his compensation package of hundreds of millions of dollars.  Reiterating what I had posted months before that, I said [...]

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What Made jack welch JACK WELCH

How Ordinary People Become
Extraordinary Leaders

by Stephen H. Baum (Random House)

Most leaders of American companies started out as ordinary people. What prepared them for the top job?

Countless more ordinary people of equal talent never developed the leadership core required to run the show. Why not?

"Lessons for life about the core leadership traits of character, risk taking decisiveness and the ability to engage and inspire followers."
--Jim Clifton, CEO, The Gallup Organization

Read More >>

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Asides
  • Is our behavior in the face of challenge determined at birth or by our environment? Are leaders born rather than made?

    My obsession with what makes some ordinary people become extraordinary leaders led to my interviews with dozens of CEOs which Random House published in 2007 and to the Master Class series at Pace. The thesis is that there are particular “shaping experiences” which develop leadership traits and capabilities.

    Epi-genetics is the new field of study that is beginning to confirm that nurture determines a lot about us: our behavior, our illnesses and more. Work on animals and on human twins shows that no matter your genome, there is a system of markers that switch genes on and off in a way that controls your reaction to stimuli. These markers are largely from environmental factors from what happened while you were in the womb, to how you were treated in your childhood, to stressful situations to pollution. And the markers you have accumulated can go-awry as you age.

    The good news is that by treatment, including drugs, these markers can be added or removed.

    Together with breakthroughs in neuroscience (how our brain works during different mental and emotional conditions), we are about to glean powerful new understandings relevant to our lives as well as careers.

    For an intro to the field, view the PBS Nova Science Now program on the subject:

    http://www.pbs.org/wgbh/nova/sciencenow/3411/02.html

    That’s my view. What’s yours?

  • For a few years now, Jim Blasingame and I have shared stories, insights and practical suggestions for survival of small business in tough times. He should be your fave for an unlimited supply of helpful ideas for your business. Go to:

    http://blog.smallbusinessadvocate.com/management-fundamentals/small-business-economic-challenges
    and also to the home page of smallbusinessadvocate.com

    Please let me know how helpful you find this great resource. Jim is, himself, a very successful small business owner who knows whereof he speaks.

  • As I said in a prior post, the fruit vendor on a nearby street corner in New York City told me he is working on becoming a bank holding company so he can get in line for a bailout. Is there no end?

    Today’s announcement it was announced that insurance companies will be allowed to reduce the reserve capital they have to make sure they can pay benefits to customers when the time comes. Isn’t this converting insurers to be like AIG? Isn’t insurance with low reserves the same as gambling?

    There was no accompanying clear and detailed plan for oversight. Just like the billions of dollars that have flowed into the investment bank.

    That’s my view. What’s yours?