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Casual Articles - The Few & the Many: Free Trade, Outsourcing, & Communication
I am writing this article because I have heard too many horror stories from clients about prior consultants they hired. From the maniac consultant that would hurl curses and insults at employees to the invisible consultant that only appeared to present his invoices. Reliable veterans of the consulting industry all agree that businesses commonly fall into one of these five costly traps when hiring a con
Which do you hear more about? You hear far more about the losers, of course. Why? Well, as a former news writer and announcer I can tell you that losers holler louder and longer. They actively seek me
Many complain that CEO make too much money, as the average is some 300% more than the rank and file. If the companies were doing well that is no problem, yet if the company is rolling in the profits it would make sense and the shareholders might agree that this is a good policy, as it is a reward for success. Unfortunately many poorly performing companies are still paying the CEO too much. The CEOs say
No doubt you could name others, but looking at these two initiatives helps us understand a communication challenge for many companies and not-for-profit organizations.
Free trade and outsourcing both produce a few (well, relatively few) big losers, and many (very many) small winners.
More specifically, free trade leads to big losses for a relatively small number of companies and their employees. Companies can go out of business or be forced to drastically restructure; employees can lose their jobs. The adjustment pains they suffer are very real and very significant.
On the other hand, all consumers in a country that adopts free trade are winners. In other words, just about everybody. The gains for each person are small, yet, taken together those gains far outweigh the losses suffered by the losers. And the gains keep paying dividends year after year.
The story is much the same for outsourcing. A few employees take a very big hit, losing their jobs. At the same time, though, a lot of other employees get to keep their jobs because their companies become stronger. A few suffer for the many.
Which do you hear more about? You hear far more about the losers, of course. Why? Well, as a former news writer and announcer I can tell you that losers holler louder and longer. They actively seek med
Sex And The City actress Kim Cattrall stars in a New Zealand television commercial for the Nissan Tiida. In the commercial, she seems to be enjoying herself as she handles the stick shift and drives along a road. Actually, I'm quite sure that she enjoys herself as she emits pleasurable moans while she heads toward the climax of the commercial. The climax is when the sees a sign that reads "hump"
More specifically, free trade leads to big losses for a relatively small number of companies and their employees. Companies can go out of business or be forced to drastically restructure; employees can lose their jobs. The adjustment pains they suffer are very real and very significant.
On the other hand, all consumers in a country that adopts free trade are winners. In other words, just about everybody. The gains for each person are small, yet, taken together those gains far outweigh the losses suffered by the losers. And the gains keep paying dividends year after year.
The story is much the same for outsourcing. A few employees take a very big hit, losing their jobs. At the same time, though, a lot of other employees get to keep their jobs because their companies become stronger. A few suffer for the many.
Which do you hear more about? You hear far more about the losers, of course. Why? Well, as a former news writer and announcer I can tell you that losers holler louder and longer. They actively seek me
Ahhhh... finally something worthwhile in my physical mailbox today.If you are in business for yourself, you must constantly be on the lookout for hot marketing and great examples of well written sales copy.Today, it happened.In Calgary where I live there is a shameful shortage of well written marketing material. Business owners scared of actually doing something that gets results -
On the other hand, all consumers in a country that adopts free trade are winners. In other words, just about everybody. The gains for each person are small, yet, taken together those gains far outweigh the losses suffered by the losers. And the gains keep paying dividends year after year.
The story is much the same for outsourcing. A few employees take a very big hit, losing their jobs. At the same time, though, a lot of other employees get to keep their jobs because their companies become stronger. A few suffer for the many.
Which do you hear more about? You hear far more about the losers, of course. Why? Well, as a former news writer and announcer I can tell you that losers holler louder and longer. They actively seek me
“Silent Career Killers” are the things that nobody comes right out and tells you about in professional circles. If you know about them, you can keep from making serious mistakes in your career. But if you don’t address them, they will absolutely prevent you from advancing.If you use these insider tips to your advantage every single day, you will join the top 10% of professionals in America. T
The story is much the same for outsourcing. A few employees take a very big hit, losing their jobs. At the same time, though, a lot of other employees get to keep their jobs because their companies become stronger. A few suffer for the many.
Which do you hear more about? You hear far more about the losers, of course. Why? Well, as a former news writer and announcer I can tell you that losers holler louder and longer. They actively seek me
It is possible that a stock car can produce the sonic boom of traveling faster than the sound barrier? It happened yesterday in Mexico City in a NASCAR race. Don't believe me? Check the facts:• NASCAR's newest big addition to its driver stable is Juan Pablo Montoya.• ESPN broadcast the race entirely in Spanish with their ESPN Deportes crew. The English version was available on ESPN2!<
Which do you hear more about? You hear far more about the losers, of course. Why? Well, as a former news writer and announcer I can tell you that losers holler louder and longer. They actively seek media coverage. And that's not all: stories about layoffs have an inherent drama that stories about the preservation of jobs just can't match.
In addition, small-scale winners often don't know they've won, how they've won, or what they've won, so they don't march in protest or call news conferences. Add to that the general principle that good news isn't big news.
What do you do if you face a decision leading to many small winners and a few big losers? First, hammer away at the context, at the circumstances that drive the decision. For example, don't announce to employees that a new piece of equipment that does the work of three people will make you more efficient. Rather, explain the competitive pressures that force greater efficiency, and the consequences of failing to meet those pressures.
Don't assume everyone shares your knowledge. Few stakeholders understand the broader picture, and even if they could, the pressure of day-to-day events may keep them focused on just one piece of it. It's essential to start with as few assumptions as possible.
Communicate frequently: in advance, during, and afterward. Explain the
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