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  • Casual Articles - So What is Ownership?

    Chinese for Nannies
    In the UK the order of the day is to have a Chinese nanny or housekeeper. This so that the young children can learn Chinese for the future. This is not a bad idea, given that China is likely to be a world economic leader for the foreseeable future and it's unlikely that the entire population of China will learn English.In previous days it was considered very smart to have a French nanny, so that the little future citizens could grow up speaking fluent French. So those forward thinking people are giving their little treasures the edge by learning Chinese at an early age. It is probable that this is happening on the East and West coasts of the US as well, where Spanish was the preferred second language. I haven't heard of it being a popular move
    /p>

    Did they feel good about it? Did it make them feel secure? Did it increase their trust in BA? I don’t think so.

    But think back a few years to the time before the redundancies.

    What sort of person used to work for a company like BA?

    Well they were the types that had dreamt about being a pilot since a young age or the stewardess whose flippant answer to the question: “Where are you going for the weekend?” was truthfully and smugly, “Barbados”.

    British Airways staff were people who competed for their jobs and having won, were living their dreams and getting paid for it. They were proud, motivated, and they cared about what they did.

    Three years later and the redundancies had changed the way they felt about their ‘dream’ jobs.

    This is the sort of change that occurs with monotonous regularity in industry.

    A caring and productive workforce is changed by what is done to them by their managers into one that turns up for the pay check and has no other interest in being there.

    British Airways changed the way their staff felt

    Selling Your Business Note For The Most Money You Can Get For It
    Selling your business note for a lump sum is a viable option if you need fast money from your business. For most note holders, the game plan is simple: sell the company and then get paid monthly until it is paid off. It is a stable scheme, but some people cannot wait the entire term to receive their money. If you are one of them, why not cash in your business note instead? Here’s how to go about it.Normally, you sell your note a professional called a note buyer, whose job is to evaluate your note and put a cash value on it. Each business is assessed differently, but some general conditions apply when you’re selling your business note, such as your business experience and FICO credit score. Most buyers also require down payments, and prefer note
    Peter A Hunter, author of Breaking the Mould looks at the concept of ownership and argues his case for why change the British Airways way doesn’t always fly.

    In order to create a performance improvement we have to do something different. If we don't how can we possibly expect to make a change?

    So our problem is finding out what it is that needs changing.

    Many management models have been tried all with varying levels of success, from Kaizen to Six Sigma, TQM and a host of others.

    These models are not wrong, but they all suffer from the same failing.

    Somewhere in each instruction book there is a phrase that equates to the following: “The key to the successful implementation of this model is ownership.”

    Then we turn the page and begin the new chapter without ever coming across the instruction that tells us how to create that ‘ownership’.

    Ownership is a concept that has been used and abused for years but very few people are able to give it any meaningful definition.

    Without understanding what it is, how is it possible to create the conditions to allow it to happen? I prefer to think of ownership as the way that we feel about something.

    If it is mine, I own it, I will take care of it.

    If it is not mine I won’t take care of it, why should I? I don’t own it!

    The problem we have just created is that we have just defined ownership as the ability to care about something. That concept may be very well in a soft, pink, cuddly way but it hardly has a place in a business conversation. We want to talk about percentage points, hard savings, value add and other assorted sexy business type words.

    Businessmen don’t want to talk about caring.

    But wait a minute! How many people ever wash a hire car? Not many. Why should they? If the hire car doesn’t belong to me, why should I care?

    And yet most of us take care of our own cars. They don’t come with washing instructions and nobody tells us to wash them, but we do and lovingly maintain and care for them because they are ours.

    After two years the hire car that we did not wash has a residual value of practically zero because nobody will buy a car that has been driven for two years by people who did not care for it.

    The hire car company has no option, the hire car is scrapped.

    Meanwhile and in the same time period your car has attained its own residual value. It is worth ten or twelve thousand pounds.

    You can realise that value by selling the car or you can continue to use it reliably for another ten years.

    Suddenly the care that we gave the car has paid off. We can now say that the value of that care is the cars residual value of ten or twelve thousand pounds.

    A residual value that the car we did not care for does not have.

    Now we have a solid measurable effect on the bottom line that is directly attributed to our ability to care.

    The suggestion at the beginning of this article is that we have to first understand what we have to change before we can figure out how to change it.

    I suggest that what we have to change is the way that people feel about their work. We have to allow them to start to care about what they do.

    The first reaction to the suggestion that we can change the way people feel about their work is that it is nonsense.

    How on earth can we change the way people feel and where is the profit in it?

    We have already seen where the profit is, and changing the way that people feel about their work is something that happens every day and is as often as not reported on the news, except that we don’t recognise it for what it is.

    Several years ago I watched an interview with Rod Eddington, the then Chairman of British Airways(BA).

    He was understandably complaining about the market share that he had lost to Ryanair, Easyjet and the other budget airlines.

    But he was also being quite bullish about it. He explained that in the previous three years he had reduced British Airways operating costs by five per cent.

    What he didn’t admit to was in those same three years he had also made sixteen thousand of his staff redundant.

    So how did the remaining British Airways staff feel when they found out that 16,000 of their colleagues had been made redundant?

    Did they feel good about it? Did it make them feel secure? Did it increase their trust in BA? I don’t think so.

    But think back a few years to the time before the redundancies.

    What sort of person used to work for a company like BA?

    Well they were the types that had dreamt about being a pilot since a young age or the stewardess whose flippant answer to the question: “Where are you going for the weekend?” was truthfully and smugly, “Barbados”.

    British Airways staff were people who competed for their jobs and having won, were living their dreams and getting paid for it. They were proud, motivated, and they cared about what they did.

    Three years later and the redundancies had changed the way they felt about their ‘dream’ jobs.

    This is the sort of change that occurs with monotonous regularity in industry.

    A caring and productive workforce is changed by what is done to them by their managers into one that turns up for the pay check and has no other interest in being there.

    British Airways changed the way their staff felt

    So You Want to Be Your Own Boss? (Or: the Rewards and Challenges of Self-Employment)
    According to the U.S. Census Bureau, there are more than 10 million self-employed workers in the United States and that number is increasing - for good reason. Being your own boss means not worrying you'll be laid off or fired. It allows you to create your own work schedule. It holds out the promise of great financial reward. It frees you from having to attend mind-numbing staff meetings. In short, self-employment lets you call the shots.Being your own boss is not, however, without significant challenges. Potential concerns include, but are not limited to: Lack of financial security or predictabilityIsolation from peers or co-workersLack of clarity about job demands and expectations.
    e the conditions to allow it to happen? I prefer to think of ownership as the way that we feel about something.

    If it is mine, I own it, I will take care of it.

    If it is not mine I won’t take care of it, why should I? I don’t own it!

    The problem we have just created is that we have just defined ownership as the ability to care about something. That concept may be very well in a soft, pink, cuddly way but it hardly has a place in a business conversation. We want to talk about percentage points, hard savings, value add and other assorted sexy business type words.

    Businessmen don’t want to talk about caring.

    But wait a minute! How many people ever wash a hire car? Not many. Why should they? If the hire car doesn’t belong to me, why should I care?

    And yet most of us take care of our own cars. They don’t come with washing instructions and nobody tells us to wash them, but we do and lovingly maintain and care for them because they are ours.

    After two years the hire car that we did not wash has a residual value of practically zero because nobody will buy a car that has been driven for two years by people who did not care for it.

    The hire car company has no option, the hire car is scrapped.

    Meanwhile and in the same time period your car has attained its own residual value. It is worth ten or twelve thousand pounds.

    You can realise that value by selling the car or you can continue to use it reliably for another ten years.

    Suddenly the care that we gave the car has paid off. We can now say that the value of that care is the cars residual value of ten or twelve thousand pounds.

    A residual value that the car we did not care for does not have.

    Now we have a solid measurable effect on the bottom line that is directly attributed to our ability to care.

    The suggestion at the beginning of this article is that we have to first understand what we have to change before we can figure out how to change it.

    I suggest that what we have to change is the way that people feel about their work. We have to allow them to start to care about what they do.

    The first reaction to the suggestion that we can change the way people feel about their work is that it is nonsense.

    How on earth can we change the way people feel and where is the profit in it?

    We have already seen where the profit is, and changing the way that people feel about their work is something that happens every day and is as often as not reported on the news, except that we don’t recognise it for what it is.

    Several years ago I watched an interview with Rod Eddington, the then Chairman of British Airways(BA).

    He was understandably complaining about the market share that he had lost to Ryanair, Easyjet and the other budget airlines.

    But he was also being quite bullish about it. He explained that in the previous three years he had reduced British Airways operating costs by five per cent.

    What he didn’t admit to was in those same three years he had also made sixteen thousand of his staff redundant.

    So how did the remaining British Airways staff feel when they found out that 16,000 of their colleagues had been made redundant?

    Did they feel good about it? Did it make them feel secure? Did it increase their trust in BA? I don’t think so.

    But think back a few years to the time before the redundancies.

    What sort of person used to work for a company like BA?

    Well they were the types that had dreamt about being a pilot since a young age or the stewardess whose flippant answer to the question: “Where are you going for the weekend?” was truthfully and smugly, “Barbados”.

    British Airways staff were people who competed for their jobs and having won, were living their dreams and getting paid for it. They were proud, motivated, and they cared about what they did.

    Three years later and the redundancies had changed the way they felt about their ‘dream’ jobs.

    This is the sort of change that occurs with monotonous regularity in industry.

    A caring and productive workforce is changed by what is done to them by their managers into one that turns up for the pay check and has no other interest in being there.

    British Airways changed the way their staff felt

    The Entrepreneur's Guide to Taking Control of Your Time
    After all, the most common reason for people to start their own businesses is to allow them to take control of their lives and find a better work-life balance.How much Much is your Your Time Worth?Let's say you want to earn ?30,000 / $50,000 per year from your business. After weekends and holidays, you work 200 days of the year and you do 10-hour days. That means your time is worth ?15 / $25 per hour. Remember that when deciding how you are going to spend it.Definition of Time ManagementTime management is the organisation and execution of work and leisure activities based on always prioritising what needs to get done.Advantages• Achieve control over your life • Balance work, rest and play • Be pro-
    ro because nobody will buy a car that has been driven for two years by people who did not care for it.

    The hire car company has no option, the hire car is scrapped.

    Meanwhile and in the same time period your car has attained its own residual value. It is worth ten or twelve thousand pounds.

    You can realise that value by selling the car or you can continue to use it reliably for another ten years.

    Suddenly the care that we gave the car has paid off. We can now say that the value of that care is the cars residual value of ten or twelve thousand pounds.

    A residual value that the car we did not care for does not have.

    Now we have a solid measurable effect on the bottom line that is directly attributed to our ability to care.

    The suggestion at the beginning of this article is that we have to first understand what we have to change before we can figure out how to change it.

    I suggest that what we have to change is the way that people feel about their work. We have to allow them to start to care about what they do.

    The first reaction to the suggestion that we can change the way people feel about their work is that it is nonsense.

    How on earth can we change the way people feel and where is the profit in it?

    We have already seen where the profit is, and changing the way that people feel about their work is something that happens every day and is as often as not reported on the news, except that we don’t recognise it for what it is.

    Several years ago I watched an interview with Rod Eddington, the then Chairman of British Airways(BA).

    He was understandably complaining about the market share that he had lost to Ryanair, Easyjet and the other budget airlines.

    But he was also being quite bullish about it. He explained that in the previous three years he had reduced British Airways operating costs by five per cent.

    What he didn’t admit to was in those same three years he had also made sixteen thousand of his staff redundant.

    So how did the remaining British Airways staff feel when they found out that 16,000 of their colleagues had been made redundant?

    Did they feel good about it? Did it make them feel secure? Did it increase their trust in BA? I don’t think so.

    But think back a few years to the time before the redundancies.

    What sort of person used to work for a company like BA?

    Well they were the types that had dreamt about being a pilot since a young age or the stewardess whose flippant answer to the question: “Where are you going for the weekend?” was truthfully and smugly, “Barbados”.

    British Airways staff were people who competed for their jobs and having won, were living their dreams and getting paid for it. They were proud, motivated, and they cared about what they did.

    Three years later and the redundancies had changed the way they felt about their ‘dream’ jobs.

    This is the sort of change that occurs with monotonous regularity in industry.

    A caring and productive workforce is changed by what is done to them by their managers into one that turns up for the pay check and has no other interest in being there.

    British Airways changed the way their staff felt

    How To Change the Energy of Career Confusion
    Have you ever felt confused when it comes to your career? Maybe you’ve felt unsatisfied in your work, longed for some challenges, or knew you wanted to enter a certain profession or start a business, but just felt unsure about what to do. Whenever this topic comes up with my clients (as it has also come up for me), I’ve learned to notice that it isn’t really about confusion, it’s more about fear of success.Do any of these fears connect for you? The fear of starting something new, fear that you won’t be able to measure up, fear of disappointing others that count on you, fear of not doing something right, fear that you’re a fraud, and the biggie, fear that you DON’T DESERVE IT?I don’t think I know anyone who hasn’t experie
    irst reaction to the suggestion that we can change the way people feel about their work is that it is nonsense.

    How on earth can we change the way people feel and where is the profit in it?

    We have already seen where the profit is, and changing the way that people feel about their work is something that happens every day and is as often as not reported on the news, except that we don’t recognise it for what it is.

    Several years ago I watched an interview with Rod Eddington, the then Chairman of British Airways(BA).

    He was understandably complaining about the market share that he had lost to Ryanair, Easyjet and the other budget airlines.

    But he was also being quite bullish about it. He explained that in the previous three years he had reduced British Airways operating costs by five per cent.

    What he didn’t admit to was in those same three years he had also made sixteen thousand of his staff redundant.

    So how did the remaining British Airways staff feel when they found out that 16,000 of their colleagues had been made redundant?

    Did they feel good about it? Did it make them feel secure? Did it increase their trust in BA? I don’t think so.

    But think back a few years to the time before the redundancies.

    What sort of person used to work for a company like BA?

    Well they were the types that had dreamt about being a pilot since a young age or the stewardess whose flippant answer to the question: “Where are you going for the weekend?” was truthfully and smugly, “Barbados”.

    British Airways staff were people who competed for their jobs and having won, were living their dreams and getting paid for it. They were proud, motivated, and they cared about what they did.

    Three years later and the redundancies had changed the way they felt about their ‘dream’ jobs.

    This is the sort of change that occurs with monotonous regularity in industry.

    A caring and productive workforce is changed by what is done to them by their managers into one that turns up for the pay check and has no other interest in being there.

    British Airways changed the way their staff felt

    Business Culture in China
    Chinese business culture and etiquette The Chinese business practice is vastly different from the Western method that most of us may be used to. Of course, with the Chinese economy opening up, China's joining of WTO and the Olympics in 2008, many Chinese business practice are now beginning to align with more conventional methods.However, China will always have their own unique business culture and etiquette, given their unique history and background."I was recently involved in a business meeting that went sour and threatened to scuttle a good deal. What happened was that the Chinese party recieving the American purchaser was late in reaching his hotel. The American was furious as he had a tight schedule and that they were late
    /p>

    Did they feel good about it? Did it make them feel secure? Did it increase their trust in BA? I don’t think so.

    But think back a few years to the time before the redundancies.

    What sort of person used to work for a company like BA?

    Well they were the types that had dreamt about being a pilot since a young age or the stewardess whose flippant answer to the question: “Where are you going for the weekend?” was truthfully and smugly, “Barbados”.

    British Airways staff were people who competed for their jobs and having won, were living their dreams and getting paid for it. They were proud, motivated, and they cared about what they did.

    Three years later and the redundancies had changed the way they felt about their ‘dream’ jobs.

    This is the sort of change that occurs with monotonous regularity in industry.

    A caring and productive workforce is changed by what is done to them by their managers into one that turns up for the pay check and has no other interest in being there.

    British Airways changed the way their staff felt about their jobs.

    But they changed in the wrong direction.

    They are not the only organisation to have done so.

    To create a sustained performance improvement we need to change the way people feel, but we have to do it in the right direction.

    We have to allow staff to start to care about what they do.

    If this sounds difficult, consider, most people want to do a good job, they want to care about what they do.

    The only thing that stops them from caring is what is done to them in the work place.

    To make the change all we have to do is to find out what is stopping the workforce from caring, then stop doing it to them.

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