Business Explained by Stever

Archive for the 'Leadership' Category

25 Nov

Richard St. John’s TED Talk on Success. Is it nothing but delusion?

I was just watching a TED talk by Richard St. John on the 8 Rules of Success. Richard interviewed 500 TED attendees to distill down eight principles. His recommendations are depressingly trite: have passion, work hard, yada, yada, yada. You can see the talk here: http://bit.ly/6VxMaC
It’s not his fault his results are trite, however. As [...]

07 Nov

Can a corporation be “entrepreneurial?”

A friend of mine posted a Facebook entry saying his 30,000+ person company is encouraging people to be entrepreneurial. I replied with a remark that I couldn’t imagine a less likely place to find entrepreneurial behavior.
Much to my surprise, he was surprised that I was surprised. But that’s not surprising. It turns out that at [...]

03 Dec

A modest proposal for rescuing the auto industry

You know, I just can’t help feeling outrage, depression, and cynicism at the Big Three auto companies asking for a taxpayer bailout. Twenty years ago, we read cases in business school about how American auto manufacturers had already fallen behind foreign imports in production capability, cost structure, and market responsiveness. At the time, this was [...]

27 Aug

How we explain success may be different from what really causes it.

I was reading Steve Salerno’s “anti-SHAM” blog as he was commenting on Hillary’s speech at the DNC last night. He didn’t think much of her story. She told a story of her success, he said, that may have been a tad… biased.
That got me thinking about how much our own stories do and don’t have [...]

01 Jul

The key to ethical, sane behavior: the *little* voice.

Have you ever wondered how certain corrupt businesspeople can keep spouting great, moral words while doing the exact opposite in their behavior? You wonder how they can wax eloquent about the need to give customers high-quality products while they happily substitute inferior quality raw materials to save costs. You wonder: are they insane? Probably not. [...]

17 Apr

The solution to CEO pay? Charge people to be CEO.

I just ran across an article by Mark Cuban about CEO pay and how stock and options have distorted it beyond all recognition. I go a step further and suggest … well, read for yourself.

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28 Dec

The world is what you make it; what are you making it?

Chris Matthews was just commenting that Benazir Bhutto’s assassination was “a reminder of the dangerous world we all live in.”
In that moment, it struck me: we all live in a world of our own making. Oh, I don’t mean literally, though fans of The Secret may disagree. But our experience of the world is so [...]

24 Jun

U.S. Auto Manufacturers outraged at 12-year target to reach below-average performance

I’m not quite sure what to say. The Senate has voted to raise mileage standards to 35 mpg by the year 2020. U.S. auto folks claim it will never happen, as AutoBlog reports.
Is it just me, or are these folks crazy? Gas gas gone up 100% in the last 10 years, and 30% in [...]

25 Nov

The answer to CEO pay: yes, make them pay…

In a recent New York Times article on CEO pay, the reporter closely examines pay practices where companies use peer groups to justify CEO pay. But they don’t disclose who those peers are, allowing CEOs to inflate their pay by carefully choosing the peer group.
That all sounds fine and dandy, but I must ask: what [...]

21 Jul

Why do people always sabotage you?

Being betrayed by those around you is just no fun.
I was watching the finale of Bravo’s reality-based TV show, “Top Chef” the other night. The finalists were Tiffany and Harold. Tiffany lost. Her food was good. She took some risks, and some of her dishes paid off. But the other Chefs unanimously said she ran [...]

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