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Archive | October, 2008

Auto(matic) Bailouts For Big Boys

Friday, October 31, 2008

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There has been a mindset in Washington D.C. that government should be completely hands off of business and markets except when, through poor management exacerbated by the economy, the biggest of the big companies should be bailed out with cash and guarantees and tax breaks. Those on “Main Street” with real and sweat equity in [...]

Neuroscience: Obama Infomercial and Your Brain

Thursday, October 30, 2008

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Barack Obama’s informercial last evening resonated with many people. There is science underlying its effectiveness. Neuroscience. There is a part of your brain, your amygdala, that makes you uneasy, upset, afraid when you sense that things are out of control. As it gets more active, it sends signals to other parts of your brain, [...]

Neuroleadership Summit

Wednesday, October 29, 2008

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Am away today at Neuroleadership Summit in NYC,learning what has been learned about connections: experience, the brain, the mind and leadership. And coaching. Important to continually “sharpen the saw.” More later.

Extraordinary Leaders: Book Translations

Tuesday, October 28, 2008

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My book (see icon to the right, below) has now been translated into two more languages: Chinese (Mandarin, I believe) and Portugese (For Brasil). I would love to know from readers for whom these are first languages anything about the translation. And anything about distribution. Thank you in advance for any feedback.

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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 >>

Buy Now
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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?