Archive for October, 2010

Thought of the Day – October 29, 2010

Friday, October 29th, 2010

Thought of the Day – October 27, 2010

Wednesday, October 27th, 2010

Thought of the Day, October 25, 2010

Monday, October 25th, 2010

Thought of the Day, October 21, 2010

Thursday, October 21st, 2010

Wednesday, October 20th, 2010

We’re not just talking Peanuts here …

Tuesday, October 19th, 2010

We’re not just talking peanuts here … we’re talking BIG business!

  • 850 = the number of peanuts in an 18-ounce jar of peanut butter
  • 20 Feet = the world’s largest peanut monument is 20 feet tall and is located in Ashburn, Ga.
  • 1904 = The year peanut butter was introduced to the general public at the World’s Fair
  • 2,861 = the average number of pounds of peanuts harvested from one acre
  • 1,500 = The number of peanut butter and jelly sandwiches the average American child will eat by the time he graduates from high school
  • 7 lbs. = The average amount of peanuts and related products each American consumes each year
  • $632 Million = Annual retail sales for jams, jellies, fruit spreads and preserves
  • 50% = Percentage of peanuts grown that are eaten in the form of peanut butter

Sources: J.M. Smucker, International Jelly and Preserve Association, Peanut-Butter.org

Petey Comment – No big point to be made – simply thought this information would be fun for you peanut butter lovers!

The Missing Element In This Recovery:

Tuesday, October 19th, 2010

The missing element in this recovery, says the Kiplinger Letter, is CONFIDENCE.  Lacking a clear picture of what’s ahead, business managers are reluctant to commit to new hires, more space and inventory.  Average consumers are loath to open their wallets for much more than necessities.  And investors startle and sell at every negative bit of news.
Consider the missing elements in recovery …

  • Economic woes
    • Layoffs in June/July of short-term Census workers
    • Tax credits for home buyers expired
    • A widening trade deficit
  • Most other components needed for growth
    • Big banks have oodles of funds to lend
    • Big firms are rolling in cash they can spend
    • Consumers are getting their budgets in order

With time…probably in a matter of months…the fear and uncertainty will fade, and stronger growth will reemerge.
Petey’s Comment – So much depends on where you live and how much confidence you allow yourself to have and take risk.
“I am not afraid of storms for I am learning how to sail my ship” Louisa May Alcott

Gen Y

Tuesday, October 19th, 2010

Three truths about Gen Y

  1. They’re used to a fast pace.  Gen Y grew up in a world of instant communication and 500 cable TV channels.  Keep them busy, so they don’t have a chance to get bored.
  2. They’re unimpressed by titles.  A Gen Y worker may feel perfectly comfortable calling your CEO with a question.  You want to encourage their open approach, but remind them to keep you in the loop about what they’re doing.
  3. They’re collaborative.  Your Generation Y employees are used to interacting with their friends in real time.  You can use this to build teamwork, but don’t be afraid to draw boundaries when necessary.

(Adapted from the Money Control website)

I’m often asked during my seminar based on “Bridging the Gen Gaps” to speak up for the Y Generation.  So here it is … The Y’s will create an incredible and new world of effective and efficiency leading the following generation into their world of thinking.  Together they will be the change artists with the capability to re-establish world balance.
If you are a Gen Y you may be asking yourself if you are getting a bad rap by being labeled as self serving.  Please respond with your thoughts and set the record straight!  If you are not a Gen Y – what do you think?
Quote … “Never become so much of an expert that you stop gaining expertise.  View life as a continuous learning experience.” – Denis “Waitley

New managers: Don’t fall prey to these mistakes

Tuesday, October 19th, 2010

“There’s an intrinsic value in doing something without being the best at it.”- Susie Gephard
Whether you’re a brand new manager, or you’ve just been promoted to a level of higher responsibility, you’ve got to watch yourself.  Early mistakes can create an avalanche of resentment that will bury your potential and good intentions.  Don’t commit these unforced errors:

  • Change for the sake of change.  Certainly some things are going to be different, but some things got the way they are for good reason.  Immediately sweeping away all the old rules and procedures is a mistake.
  • Careless promises.  Never promise anything you aren’t absolutely certain you can deliver.  Remember that you cannot buy loyalty.
  • Playing favorites.  Yes, some employees are more dependable than others.  But your job is to manage all of them (or do something about those with significant performance issues).
  • Hoarding the work.  Training and delegating are among your most important responsibilities as a manager.
  • Temper Tantrums.  Develop your patience and self-control.  The trick is to be frustrated or angry at the things that are going wrong, not at the people.
  • Special privileges.  Remember that everyone is watching you.  You can’t expect employees to give 110 percent if you’re not doing the same.

(Adapted from The First Book of Common-Sense Management, by Diane Tracy) by William Morrow
Petey’s Comment – Not bad reminders for those of you who’ve been around for awhile!

Book Review – CLICK – The Magic of Instant Connections

Tuesday, October 19th, 2010

It’s all about how much leverage we can get on such an ephemeral phenomenon as quick-set intimacy!  The brothers Ori (a business consultant) and Rom (a psychologist) don’t dissipate all the magic for who would want to read their analysis if they did? They dig up considerable research and talk about a variety of clickmasters such as a hostage negotiator, a casting director, and a flight attendant to identify factors that catalyze such alchemy.  And they make a convincing case that clicking does more than put you on a fast track to love or success; when you click you become yourself, only better. – Per Matthew Hutsons’ overview of their book.

There are 5 catalysts for connection;

  1. Vulnerability – Opening up to others by sharing personal information, admitting to an embarrassment, or even just expressing an opinion or emotional reaction immediately deepens the interaction.  Eye contact and casual touching also help.
  2. Proximity – People tend to befriend and collaborate with others they sit next to, live near, or work alongside.  Mere facial familiarity enhances judgments of a stranger’s personality.  So go out there and mix it up face-to-face.
  3. Resonance – Get out of your head and into the “zone.”  You can reach a state of flow with another person where boundaries fade away by being present and offering undivided attention, listening actively and responding to unspoken needs.
  4. Similarity We tend to like people who are like us, so find common ground early.  Similarities can be as trivial as a shared name or birthday or interest in a sports team.  Whatever your background, you immediately become an in-group of two.
  5. Shared Community – Creating a well-defined frame through, say, a corporate retreat, can amplify the other click accelerants by offering a safe space.  Shared adversity also strengthens bonds and can forge permanent partnerships.

Petey’s Comment – It’s a quick read & useful information!