As this month’s unemployment figures were breaking (8.5%), Mark Cuban weighed in on fixing executive compensation. The ideas are related. As the discussion on executive pay continues, my message is simple. Give credit to those executives who bust their asses to avoid layoffs except in cases where its an absolute necessity. Pay ‘em a premium vs [...]
Posts Tagged ‘Ostrich’
Can Smiles Overcome Jerks?
The jerk in Felps’ research primarily teased those around him. Everyone laughed. No one wanted to repeat the experience. Many feel teasing is part of the bonding process. I’m guilty I admit. Turns out the ‘innocent’ teasing costs your company hard cold productivity cash. In his research negative emotions traveled perfectly well, not only ruining [...]
The Ostrich Strategy
Sometimes an industry faces a long term threat that appears so overwhelming that the long term strategy appears to involve sticking management’s collective heads’ in the sand, hoping the problem goes away. Now, it turns out that an ostrich does not stick its head in the sand. An ostrich is smarter than that. An ostrich [...]
You Can’t Hide from a Marketing Problem
There has been an ongoing discussion during the past few years about the integrity of business. (Think Enron, Haliburton, etc.) I think this conversation has been somewhat overstated given that the majority of business owners in the U.S. are honest and trustworthy people trying to succeed in a very chaotic marketplace. For the past several [...]