Sunday, October 31, 2010

Misinformation

Of all resumes with misinformation, the worse offense was the number of years execs held a job, according to Christian & Timbers. Seven of 10 misrepresented the length of time that they performed a specific duty. More than six of 10 resumes with misinformation had an exaggerated description of accomplishments and the size of the organization that was managed.
More Management Wisdom

Saturday, October 30, 2010

The Seven Habits

Successful managers must find ways to empower people, which in turn leads to self-realization for workers and a better top line for the company, said Stephen R. Covey during a 2005 interview. Covey, author of The Seven Habits of Highly Effective People (Simon & Schuster) contends that people have four essential needs: "To live, to love, to learn and to leave a legacy."

More Management Wisdom

Friday, October 29, 2010

Work and the Creation of the Modern Individual

Al Gini, a Loyola professor, suggests in his book My Job, My Self: Work and the Creation of the Modern Individual (Routledge), that people may whine about work but they need it: "Adults need work in the same way children need play."
More Management Wisdom

Thursday, October 28, 2010

The Great Tween Buying Machine

The best marketing has always been word-of-mouth, contend Dave L. Siegel, Tim Coffey and Greg Livingston in The Great Tween Buying Machine: Marketing to Today's Tweens (Paramount Market Publishing). It is particularly effective among teenagers. Find the network hubs: "Individuals who are likely to be popular, self-confident leaders who enjoy the fact the others will follow their actions."
More Management Wisdom

Wednesday, October 27, 2010

The Seven Habits

If Stephen R. Covey, author of The Seven Habits of Highly Effective People (Simon & Schuster) ever feels high and mighty, he only needs to look to his living room for a dose of reality. “My wife has a little pillow in one of the rooms and on it is a saying," he said in a 2005 interview. "My goal is to be the kind of person that my dog thinks I am.”
More Management Wisdom

Tuesday, October 26, 2010

Your resume

Think of your job hunt this way. The executive reading your resume probably has an attention
span that doesn't match up with a 5-year-old engrossed in a cartoon show. The 5-year-old will stare, mesmerized, at the TV screen for hours. The executive with the resume will take, maybe, five minutes… and that's if he likes what he sees.

More Management Wisdom

Monday, October 25, 2010

Dr. Seuss

Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind.
Dr. Seuss
More Management Wisdom

Sunday, October 24, 2010

The Seven Habits

The best managers realize that empowered workers will eventually realize that abundance has no limit, suggested Stephen R. Covey in a 2005 interview. The author of The Seven Habits of Highly Effective People (Simon & Schuster) said first people need to see from a new perspective: "When you see things differently, then new behavior naturally follows.”
More Management Wisdom

Saturday, October 23, 2010

Anonymous

Find the hardest job, give it to your laziest worker and watch him figure out the easiest way to get it done. Anonymous
More Management Wisdom

Friday, October 22, 2010

Resumes

Accountemps, the world's largest temporary staffing service for accounting, finance and bookkeeping professionals, surveyed executives at the nation's 1,000 largest companies about how long they look at resumes. Consider this: in 1-of-4 cases, executives spent less than two minutes looking at a resume for an advertised position.

More Management Wisdom

Thursday, October 21, 2010

Direct sales executives

Because eight of 10 direct sales executives are women, the approach offers households another income and lucrative home-office income tax write-offs, which in turn lowers tax bills and offsets income from other sources.
More Management Wisdom

Wednesday, October 20, 2010

Price

Richard Nonelle, president of Window Genie, figured he should call around to make sure retailers had the right price for his window cleaner Window Genie. He thought $3.95 was about right and was shocked to find some stores had mismarked cans to $9.95 and feared they sold none. In fact, the opposite occurred: sold out! Price has to hurt a little - or a lot - and buyers will believe they are getting value.
More Management Wisdom

Tuesday, October 19, 2010

Successories

When Mac Anderson founded the inspirational product line at Successories, Inc., he kept this target market in mind: "There are 9 million businesses in America. That's 9 million presidents of companies, and half have fewer than 10 employees." Their offices had walls - four of them - and those walls always could use fresh art.
More Management Wisdom

Monday, October 18, 2010

Sales success

Sales success means understanding a customer’s needs, say Larry Bossidy and Ram Charan in Confronting Reality (Crown). Create a customer chain, a detailed assessment at multiple levels. “(Many) industrial companies selling through distributors now conduct their own consumer research so they are not just refilling shelves but analyzing selling patterns. Information can help retailers understand what will sell best.”
More Management Wisdom

Sunday, October 17, 2010

Formal authority

Formal authority at work is a high-wire act without a net. Employees tend to resist that approach, said Stephen R. Covey in a 2005 interview: “Gradually you see this dispirited employee with his fire gone out of him,” Covey said. “Gallup shows that only about one in five people know what the important goals are and only about one in four people care.”

More Management Wisdom

Friday, October 15, 2010

The Energy of Money

In The Energy of Money: A Spiritual Guide to Financial and Personal Fulfillment (Wellspring/Ballantine) by Maria Nemeth, Ph.D., readers are cautioned about a preoccupation with failure. It will age you and make you bitter. “Failure-phobia can gobble up all the breathing room for creativity, spontaneity and learning in your life. The energy cost is tremendous.”
More Management Wisdom

Thursday, October 14, 2010

200 contacts

Everybody has 200 contacts - friends, neighbors and associates. And since those contacts also have 200 contacts, it's not too hard to see how personal reach can grow. It's all only about three phone calls away, says networking specialist Karen Salmon. But before you pick up the phone or dash off the email, remember one of her rules: Contacts exchange handshakes. Connections exchange commitment.
More Management Wisdom

Wednesday, October 13, 2010

Homer Simpson

If something is too hard to do, then it's not worth doing.

Homer Simpson

More Management Wisdom

Tuesday, October 12, 2010

Bank fees

It’s not uncommon for banks to realize at least half of their income from fees. In the mid-1990s, most banks and financial institutions realized about 1/3 of their income from fees.
More Management Wisdom

Monday, October 11, 2010

Avoid ATMs

One strategy to save cash is to avoid automated teller machines. Greg McBride, senior financial analyst at Bankrate.com, a personal finance Web site based in North Palm Beach, Fla., estimates that in 2005 American consumers paid $4 billion in automated teller machine fees. That is up $1.5 billion from the $2.5 billion paid in 1998.
More Management Wisdom

Sunday, October 10, 2010

Fast Food

Gen Y already spends 50 percent to 55 percent of its total food dollars on meals away from home, and that is expected to increase in the years to come, according to Foodservice 2010: America's Appetite Matures by McKinsey & Co., New York City

More Management Wisdom

Saturday, October 9, 2010

Direct sales careers

A direct sales career offers flexibility as more than eight of 10 people spend less than 30 hours a week on their company, according to the Direct Selling Association, a trade group of direct sales specialists.
More Management Wisdom

Friday, October 8, 2010

Management Stripped Bare

In Management Stripped Bare: Understanding Business As it Really Is (AMACOM Books) by Jo Owen, an antidote for giving a boring presentation is offered. Remember the three E’s, the author says: “Energy, excitement and enthusiasm. If you display these, you are probably enjoying the presentation, and you have a chance of getting the audience to enjoy it.”
More Management Wisdom

Thursday, October 7, 2010

Family-friendly benefits

Companies that offer vital family-friendly benefits such as flex-time, telecommuting and job sharing are on the decline, according to a 2006 study from the Society for Human Resource Management.
More Management Wisdom

Wednesday, October 6, 2010

Tuesday, October 5, 2010

Wild Berry Incense

Wild Berry Incense Inc. grew from one fistful of incense sticks dunked into a Mason jar one day in Oxford, Ohio, in 1971. Within two decades the incense company founded by Marc Biales would produce 3 million sticks monthly and employ 18. Biales’s mantra: customers generally will pay a premium price, as long as they think they are buying a premium product.
More Management Wisdom

Monday, October 4, 2010

59 million American women

Of the 59 million American women currently earning a salary, only 47% have a pension plan, reports the American Association of Retired People.
More Management Wisdom

Sunday, October 3, 2010

Direct sales

Do you have a consumer product to sell? Consider direct sales. The Direct Sales Association estimates that revenue from direct sales parties have topped $29 billion. In the decade between 1993 and 2003, the number of people involved grew from 6.3 million sales people to 13.3 million.
More Management Wisdom

Saturday, October 2, 2010

Spiritual intelligence

Viewing people as an expense and machines and equipment as an investment can never bring quality, low costs or innovation. Workers feel no empowerment. “There is an absence of trust and authentic communication between partners,” said Stephen R. Covey in a 2005 interview. The author of The Seven Habits of Highly Effective People (Simon & Schuster) said companies need to foster "spiritual intelligence" to thrive.
More Management Wisdom

Friday, October 1, 2010

Part-time work

Sixty percent of today's working moms say part-time work would be ideal; however, only 24% hold part-time jobs, the U.S. Bureau of Labor Statistics reports.
More Management Wisdom