Showing posts with label value proposition. Show all posts
Showing posts with label value proposition. Show all posts

Tuesday, October 12, 2010

Vegas

Las Vegas happens to be a popular vacation destination for many of my colleagues. I haven't been myself, but from the anecdotal evidence there is an event series common to most of these trips. A certain amount of money is allocated as “fun money,” meaning it will be gambled away. At some point the person wins a big gamble at one of the many tables or machines. At that point, the person starts to feel lucky, and decides to continue gambling with the hope of repeating the big win. Over the course of the vacation, the remaining cash is spent, and the person comes home, having spent all of the “fun money,” and sometimes much more.

Sunday, July 25, 2010

Lunch

It's almost always enjoyable to connect with someone over food or coffee.  I really like sitting down with someone over lunch, learning more about the individual's purpose, work, and what makes him or her tick. There are lots of reasons to connect with others, and each type of interaction has its own benefit:

  • History. The other person's experience reminds me of things I've done before, maybe not as well, or maybe better

  • The Now. We're experiencing the same pains or joys, and compare notes and next moves

  • Virtual Travel. I get to take a vicarious journey to an situation or place I've never been (skydiving, anyone?).

  • Improvement. We philosophize or have a mental jousting of sorts, sharpening one another with competing logic and new information

I have a very strong preference for the other person to select where we'll have lunch. Very.  There are specific reasons for this:

Sunday, July 4, 2010

The Tipping Point, by Malcolm Gladwell (2000)

Malcolm Gladwell, a writer at The New Yorker magazine, has become better known for his books than his articles in recent years.  He has written a string of bestsellers in the new millenium:  The Tipping Point, Blink, Outliers, and What the Dog Saw.  Gladwell fittingly started with The Tipping Point, a view into understanding change.

Thursday, June 24, 2010

The Selfishness of Good Deeds

Interesting article posted yesterday on FoxNews.com from Nancy Colasurdo called "The Selfishness of Good Deeds."  Very quick read - maybe 2 minutes?

Nancy writes, "What in the heck is so wrong with feeling good that you’re helping someone? When did anything that makes the “self” feel better become so frowned upon?"

She's touching on something we explore from time to time in discussing the value proposition - that give vs. get:  what you get is often not monetary.  Keith Ferrazzi touches on this as well in his writings, that there are several currencies with which we are able to exchange.

Tuesday, April 27, 2010

Small Ball

Small Ball

Recently an executive leading a newly integrated business said she was not interested in playing “small ball.”  On several occasions, almost always as a response to a question of why his initiatives were so big / controversial / sweeping, former President George W. Bush said he didn’t like to play “small ball.”

Small ball is a baseball term, a reference to getting several base hits, playing it safe, and marching players towards home plate in a methodical, low-risk fashion.  The idea is that you don’t swing for the fences, because you might miss and never get to base at all.  Better instead to swing to just get on base – not to score.

If you have 100 innings to play, a 100-run lead, and a strong pitching staff, it’s easy to play small ball.  There is time, and the law of averages is on your side.Small ball is playing not to lose.

Monday, April 5, 2010

Instructional Design

Great and enduring leaders are also great and enduring teachers. In organizations, the function is usually called learning, training, development, or some combination of the three. In short, the idea is to equip the team with the knowledge to make both the team and the individual successful.

Delivering quality training is more than simply telling the team to “do what I do and you'll pick it up.” It requires a thoughtful design process that develops the content necessary to make the team successful.

Tuesday, March 23, 2010

Compensation considerations: taxes & discretionary effort

During a very interesting exchange at a recent gathering of business professionals, a conversation around compensation and benefits practices of different firms arose.  We were talking about two specific firms that reward employees in different ways.

The first firm believed in cash compensation based on performance:  if you deliver X, then you receive Y.  Cash compensation is very high for this firm, but minimal additional benefits are paid to employees.

The second firm believed in lower cash compensation, but with a significant benefits package that included insurance, development opportunities, community involvement, and a generous retirement package.

Both firms are successful, and we pondered how the compensation philosophy affected the bottom line....

Friday, January 1, 2010

Resolutions for the new year

It's the first day of the new year, and there are several things still on my to do list from last year:  run a 10-k, finish a marketing case with some colleagues I'd hoped to complete by October, and organize my office.  What's on your list?