Verizon New York,
A wireless phone is really a wired phone with an invisible extension cord. Every time you make a wireless call walking down the street, within a few hundred feet there's a 'cell site' that is attached to a wire. Almost every wireless 'hot spot' is connected to a wire and...
The financial markets have been through some wild and crazy times over the last two weeks, although it appears that they have finally stabilized. The net effect of all the gyrations is that a serious bubble in China's market seems to have been at least partially deflated. After hugely overreacting to this correction, most other markets have largely recovered. Prices are down from recent peaks, but in nearly all cases well above year-ago levels. But the stock market is really a sideshow; after all, back in 1987 the U.S. market fell by almost 25 percent for no obvious reason, with little noticeable effect on the U.S. economy. The more serious question is what is happening with the underlying economy, and there are some real issues here.
China's recent market meltdown has raised significant questions about the country's transition to a consumer led economy. As the Chinese economy slows, the question is not if, but how will the Chinese Government react? So far the focus has been on the Chinese Government's determination to support the Shanghai and...
All right, so you want to do some employee recognition and make sure people who work hard get properly rewarded. Most employees want to know that their efforts on your behalf are noticed, and few things are more depressing than the belief that the company doesn't care about them.
The job of the innovator is rarely easy. But a few of these could have been easily avoided using the simple mantra: "If it's not broken, don't fix it".
The world will continue to change and the business community must continue to respond to those changes in effective ways.
China's weight in the world economy has been rising and was made excruciatingly apparent by the turmoil in U.S. equities markets over the past few weeks. Much of current stock market anxiety was at least "assembled" in China.
To build true confidence, you have to not mind being wrong. You have to take a stand, and then admit it if and when you realize your standpoint is wrong. It's a process of trial and error that helps you discover what is right. And finding out what is right is a lot more important than always being right.
I very publicly share how public speaking has been a massive challenge for me. I've spent many years telling myself that I couldn't do it, and it was only relatively recently that I realized this simply wasn't true.
Alliance For American Manufacturing,
Chinese Stock Market,
US China Relations,
The recent cratering of the Chinese stock market left some scars on our 401(k) plans and dominated recent headlines. Some called it a correction. I tend to think of it as another glimpse into the crazy house-of-cards economy in China.
Managing a business is very different than leading an organization. This distinction may sound subtle or merely seem like semantics. The fact is, however, that this difference is often the determinate between stagnation and growth.
Carbon Fee And Dividend,
Fossil Fuel Divestment,
We're witnessing, I'm fairly certain, market chaos associated with the end of the era of fossil fuels.
Providing top-notch customer service isn't really that hard, but even the best of the best need a reminder or coaching now and then. In golf, keeping one "swing thought" in mind during a shot can have great results. Here are five "customer service thoughts" that can help us and our work teams hit a hole-in-one.
What is fundamental to high-performing organizational culture? Is it the ping pong table and the keg of beer in the break room? Is it the M & M's in every conference room?
In honor of Facebook's amazing achievement of one in seven (predictors of its demise pay heed), I hope and pray that we will remember the other, less fortunate one in sevens.
European Union Migration,
Stock Market Collapse,
The collapse in stock markets and the surge in the migrants flooding into Europe captured August headlines. There are many underlying causes for each phenomenon, all linked. Unprecedented flows of illicit money are damaging most economies. Investors are fleeing this, as are migrants.
Apps like eNeighbr are seductive in their seamlessness, but do they encourage the kind of community that we want to live in?
LONDON -- It is often said that we live in a culture of instant gratification -- and this is especially true of financial markets. The debt crisis was a spectacular example. Upfront profits blinded over-confident investors to long-term risk -- with disastrous consequences. Since the crash, lack of confidence has given rise to a different type of short-termism.
The problem is that just making a mistake isn't enough; it's how you recover and learn from the mistake that makes the difference. And this typically requires behavioral traits and characteristics that don't come naturally to most of us.
Since there will always be things threatening the market, it is important that employees focus on the items they can control, such as how much they are saving and their asset allocation, based on their time horizon and tolerance of risk.