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Casual Articles - The Crisis in Senior Management
If you want to make big money, you have to play not to work."What do you mean by that?" You ask.I attended a workshop last weekend and the speaker said if you are serious in making big money, you've got to play, not work.He further explained that if you work, you can only make small money. That's what most people end up with. Making small money by working.This point is best illustrated by studying the Chinese character for play. The character has two parts: one consists of the character "King" and the other is "Money".By combining these two parts, it becomes "King of Money." And in turn, "King of Money" forms
Evidence for the
Buying and selling wholesale goods is frequently viewed as a sort of ‘get rich quick’ scheme, where sellers can make enormous profits from very little investment or work. Three months after they started, people just don’t understand why things haven’t gone according to plan! There are four myths in particular that seem to lead would-be sellers astray time and time again:Myth #1: Ebay is the best place to sell your wholesale goods. Now this is a particularly popular one. As the world’s biggest marketplace, eBay has made its fair share of millionaires. What you don’t hear about so commonly, is all the people who struggle to make a
In the environment that this poor style of management and communication creates, enterprising employees will create their own goals and assume their own level of responsibility. The diffusion of effort created to achieve a broad range of contradictory goals results in an underperforming organisation characterised by low morale, blame shifting and poor utilisation of human and financial assets.
Evidence for the
Nobody notices normal.Not anymore, at least.Fifty years ago? Maybe.But this is 2007. Our culture is crowded. It is cluttered. It is LOUD!Creating products, ideas, philosophies and brands that are normal is like asking customers to find a needle in a stack of needles.Here’s why this is happening:1. The Time-Choice Paradox. There’s entirely too much stuff out there. Too many products. Too many blogs. Too many service providers. Too many options. Too many choices. And this trend creates the ultimate irony: with every new choice comes less time in which customers have to make it.Se
In the environment that this poor style of management and communication creates, enterprising employees will create their own goals and assume their own level of responsibility. The diffusion of effort created to achieve a broad range of contradictory goals results in an underperforming organisation characterised by low morale, blame shifting and poor utilisation of human and financial assets.
Evidence for the
Who Holds the Reign of Control?That question is a double-edged sword because without the right software you don't have "Hands On" to anything, much less control. As a matter of fact, if you are not running the right time and expense tracking software, not only do you not have control, but chances are you won't foresee a critical problem arising until it is already too late!In order to maintain control of all the critical aspects of your company, you need to have real time access to the time, project and cost management numbers. If production depends on a critical decision of how you realign resources and employees, you don't have
Evidence for the
Step 10 – Acknowledge that no matter what you decide, you will get what you are committed to getting.This is probably one of the most difficult concepts for people to accept but it is absolutely true and you will prove it to yourself over and over again (if you haven’t already). Change is hard and contemplating and then working toward a career change can turn anyone’s world upside down. It is often replete with uncertainties, doubts, and what ifs and sometimes it may feel easier to throw in the towel or go with the safe route. But, in the long run, you will be right back where you started.Whenever you feel stuck or feel li
Evidence for the
Going in for an interview is never easy. For most people this is a nerve wracking experience whose anticipation is the cause of many sleepless nights. This is why job applicants need to prepare ahead of time. This way, once interview day arrives, the applicant can walk into the room and greet their interviewer with a beaming smile that exudes confidence.Anticipate those tough questionsThere are questions that applicants need to anticipate. These are the tough interview questions that are always present during job interviews. One example of this type of question is "Tell me about yourself". Now, this dosen'
Evidence for the global nature of the level of underperformance arrives every day in the morning newspaper. We are confronted with stories ranging from the recent reported "lack of leadership" at Abu Grhaib to the apparent deliberate misreporting of profits at Tyco, WorldCom and Enron and rogue trading at the National Bank of Australia. These high profile cases, like the tip of an iceberg, are part of a much broader failure of management.
A recent survey of 133 organisations by Right Management Consultants reported that only four out of ten
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