Unless Congress acquires testicular fortitude in the next few days, the taxpayer will become garbage collector and pay the “tipping fees” for our neighbors. The current wording of the bailout has the government buying ALL distressed assets (not just securitized mortgage bundles), from ALL financial institutions (hedge funds and other wild west entities) with little or [...]
Monday, September 22, 2008
Twenty-five years of coaching reveal certain truths and patterns of behavior. But once in awhile one of my clients expresses thoughts about these in a memorable way. That happened in a coaching session this past week. “Spencer” is an accomplished investment manager and deal-maker who yearns for a position in his firm that recognizes him for [...]
Thursday, September 18, 2008
Now that I am posting almost every day, it would be very helpful if you who visit this site would say something. We are about to overhaul this site, make it a lot easier to view and to explore, enrich its content and more. So, here are some topics on which your comments would be [...]
Tuesday, September 16, 2008
So many news items of cheating in so many different walks of life. Even fisherman are cheating (“yo-yo” tactics where the bait is filled with lead weights, the fish eat it and weigh more when the champion is decided). Are there more people cheating or is more of the cheating reported? The Ethics Resource Center publishes a [...]
Countless more ordinary people of equal talent never developed the leadership core required to run the show. Why not?
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?
Wednesday, September 24, 2008
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