Life is like a camera
Focus on what’s important
Capture the good times
Develop from the negatives
If things don’t work out,
Take another shot.
(Seen outside Victoria’s Cafe in Lake Taupo)
Photo source credits: Himself taken at Lake Taupo
Borrowing the line from Steven Covey’s 7 Habits of Successful People,
What do you consider as 7 Habits that Business Managers should have in today’s globalised world?
Is the World becoming flat as Thomas Friedman announced in his book more than 10 years ago? Or are we witnessing the rise of Protectionism?
Appreciate your views.
We are people of tribes albeit moving in different costumes. The size of our tribes differ. It can be huge, such as national level, right down to the family level. In the space of work, we behave as tribes in an organisational culture.
Every organisation has an internal environment, known as the personality of the organisation. A system of beliefs, norms, values and attitudes shared by members of an organisation – communicating to new members the correct ways to think and act; “the way we do things around here”. Usually the unspoken is more powerful than the spoken. Much has been written about Enron’s cowboy and toxic culture, yet on its website its Vision and Values brazenly state that the company is about Respect, Integrity, Communication and Excellence.
For young careerist, its important to understand the organisation culture of the firm you’re entering. Factors such as management style, size, type of business, ownership, strategy, structure and technology influence a team’s culture.
Johnson uses a cultural web framework to observe a company’s culture. The cultural web is made up of:
Routine – the ways that members of the organisation behave towards each other and towards those outside the organisation and which make up how things are done or how things should happen.
Rituals – the special events through which the organisation emphasises what is particularly important and can include formal organisational processes and informal processes.
Stories/Heroes and Superstars – told by members of the organisation which embed the present and flag up important events and personalities, and typically have to do with successes, failures, heroes, villains and mavericks. Now older and wiser, I see that heroes in a particular culture somehow seem to possess certain characteristics and what is celebrated as success.
Symbols and language – such as logos, offices, cars, titles, type of language commonly used which become a shorthand representation of the nature of the organisation.
Power structures – the most powerful individuals or groups in the organisation which may be based on management position and seniority but in some organisations power can be lodged with other levels or functions. Microsoft employees for instance are known to be competitive, self-assured. Yet possess an ability to switch sides. This is very unlike IBM’s cohesive, mutually supportive team structure.
Control systems – performance measurement and reward systems on what is important – for example, stewardship of funds or quality of service.
Organisation structure – power structures and decision-making
Paradigm – of the organisation which encapsulates and reinforces the behaviours observed in other elements of the cultural web.
Organisation cultures affect how decisions are made, rewards are dished out, resources shared and relationships are forged.
There are several useful frameworks to examine the cultures of organisation such as Handy’s 4 types of Culture, Deal and Handy, as well as Peters and Waterman Framework among others.
Enron: Smartest guys in the room
Barbarians at the Gate (Fall of RJR Nabisco)
I’ve heard them say that Chang’an seems like in a game of chess,
A hundred years of world events have caused unbearable pain.
The palaces of the noblemen all have their new masters,
Civil and military dress and caps are not like those before.
Du Fu, Tang Dynasty poet
Recently I found myself very interested in the lists on LifeHack especially lists such as 10 things successful people do before breakfast. Soon I found various versions of such lists put together randomly by people. Although I appreciate the lists, I wondered on what basis each person created those lists. At around that time, I chanced upon this book by Amy Morin. Her 13 items are listed here: http://m.huffpost.com/us/entry/6341412
After finishing Ch1 and Ch2, I felt I needed to write a blog entry because this is a book that several years from now I want to read again but may have forgotten the title. Unlike the LifeHack lists, Amy is a professional therapist. Her writing comes from real experience of having to pick up pieces of her life having lost mom and husband within two weeks of the other. She also shared stories of patients/ clients whose experiences, I could somehow relate to in my life.
In Chapter 9, “They (Mentally strong) don’t resent other people’s success”, Morin cites a 2013 Study entitled “Envy on Facebook : A Hidden Threat to Users Life Satisfaction ” explains why some people experience negative emotions while browsing Facebook. Researchers discovered that people felt the most anger and resentment when their “friends” received a lot of Happy Birthday wishes on their birthdays. Frighteningly the study concluded that those who experience a lot of negative emotions while browsing Facebook experience an overall decline in general life satisfaction. (Talk about a double whammy).
Morin advises “Focus on cooperation rather than competition”. Another story she told was how Milton Hershey’s employee HB Reese began another candy company in the same town. While still working in the chocolate factory, Reese used the knowledge he’d gained from Hershey’s to invent his own candy, the peanut butter cups. Although Hershey could have easily viewed Reese as a competitor stealing away customers, he instead supported Reese’s business ventures. The two remained on good terms. After their deaths the two companies merged which could have ended quire differently had they not cooperated.
She provides another story of how a coach in the US Olympics hockey team looks for players who could work well together and not one player attempting to steal the spotlight.
Isn’t this true of today’s corporations where team work is necessary as we need the diversity of talents.
I think that every parent, leader, teacher, coach should read this book. Our young people today are subject to so much stress from everywhere that we need to be mentally strong for them. Even those very familiar with self help books. Her research and practical advice will help anyone keep the faith!
If we are happy to see film stars, rock stars and sports stars receive astronomical incomes, shouldn’t we also be willing to see ‘celebrity’ CEOs rewarded in a similar way?
This was the question posed in class for debate.
Should everyone be paid a minimum wage? Intuitively, it sounds appealing for me who feels strongly when I see old folks picking up used cans and cardboard boxes for recycling to make a few cents.
But here we are talking about people who are paid millions. And a reminder of a wikipedia post of a certain CEO of an American bank who paid $1,000 for a wastepaper basket. (Not with his own money.)
Arguments in favour of high salary for CEOs:
Companies that pay for high-priced executive talent usually get better results—and the money they pay these executives is a good investment.
The quality of a company’s CEO is the single biggest driver of its financial results. Since Bob Iger took over Disney in 2000, he almost doubled the company’s value, creating $50 billion in shareholder wealth. Steve Jobs did not persuade Tim Cook to take on a $1 salary, and many credit Tim Cook for successfully getting the iPads to the stores on time.
CEO salaries are rising because more companies realize the value of good CEOs, and their pay—much like contracts for top-tier professional athletes—is getting bid up.
Arguments against astoronomical salary of CEO
Star athletes generally have exceptionally rare skills that are honed over a lifetime of practice.
The rarity of that skill that drives the demand and value of their services. What is often lost in analyzing athlete compensation is the value creation that is tied to those rare skills.
People are happy to pay up to experience the best; and this is true in sports, music, literature and most other fields. Athletes command high wages because they are the centerpiece of both production and demand in multi-billion-dollar businesses.
Question is if the CEO has a rare skill like an athlete or if he is a coach in talent management, bringing the best out of his team. What about CEOs who bankrupt their companies?
Should we attribute those to external circumstances such as the economy or to the “pursuit of high risk, high returns” ventures?
The question is really about whether the skills of a CEO equally rare? In terms of leaders who are true visionaries, those skills probably are rare. Likewise, the ability to juggle the multiple demands on a CEO’s time, mediate between rivals and ultimately accept responsibility for the direction of a company.
CEOs are a synthesis of athlete and coach. Certainly there is a visionary aspect to almost every successful CEO, and not everyone is born with that ability. Likewise, some people are simply unable to cope with conflict or to make a high-stakes decision from multiple options. Those would all seem to be innate traits akin to a star athlete.
Like the performance of a star athlete, would a CEO be interested to invest in long-term capabilities building of the organisation rather than on-site personal brand-building behavior?
For this, perhaps a balanced score-card model on measuring performance would be a consideration.
Would you watch a performance if your favourite star is in it? Even if it bombs in the box office? Many would. Then some argue that the snapping of star CEO would guarantee box office in the eyes of stock analysts. Paying good money would seem worth it. What do you think?
Everything can be taken from a man but one thing: the last of the human freedom—-to choose one’s attitude in any given set of circumstances
Love is what makes two people sit in the middle of a bench when there is plenty of room at both ends.
Spend the afternoon. You can’t take it with you.”
– Annie Dillard
“Watermelons and Zen students
grow pretty much the same way.
Long periods of sitting
till they ripen and grow
all juicy inside, but
when you knock them on the head
to see if they’re ready –
sound’s like nothing’s going on.”
– Peter Levitt,
View From The Park Bench
by Andrew Blakemore
Upon this old familiar bench
From which I’ve spent a time or two,
Just gazing at the sky above
And watching chestnut trees,
Which change throughout the seasons
Now their copper leaves do fall,
Which gather on this stony path
And tossed upon the breeze.
For scattered far across the field
And through the air with random flee,
From every bough it seems to pluck
Until each one is bare,
Now soon the winter shall be here
With icy chills the frosts and snow,
When I’ll not stop but carry on
And find no comfort there.
Upon this bench so old and worn
That’s scrawled and etched on every slat,
And smeared with food from yesterday
Yet still to me so kind,
For here within my solitude
Away from all the toil and spite,
I’ll take my time to look around
While others seem so blind.
Within this park the children play
Upon the swings the slide and frame,
And run around upon the grass
Just like I used to do,
But now so many years have passed
And older but no wiser I,
And wish I had my youth again
Reliving days I knew.
Upon this bench I sit and wait
And as the people pass me by,
Some of them do speak to me
Some look the other way,
Yet here the grass shall always grow
Beneath my tired and aching feet,
A friendly place I call my own
Where often I do stay.
I long for daffodils of spring
To watch them all come into flower,
When blossom blooms upon the bough
Such beauty there to see,
Then listen to the birds that sing
As if for me their sweet refrains,
And I alone shall hear them all
Each golden melody.
Upon this bench on which I rest
I think how many things have changed,
Yet here it almost seems the same
As times of long ago,
St. Mary’s there still proudly stands
And in the morning sun does shine,
As ages passed it’s witnessed all
And seen the village grow.
Now as I make my way back home
And walk along this stony path,
Adorned by scattered copper leaves
That through the autumn fell,
I know I shall return again
To lose myself within the view,
And watch the seasons changing
From the bench where I shall dwell.