Wednesday, December 17, 2008

Unemployment Blogs

As more and more leaders are dealing with issues around unemployment, a number of unemployment blogs are cropping up.

I find Unemploymentality to have interesting perspectives.

Tuesday, December 16, 2008

Looking for a Motivational Leadership Speaker?

Want your organization to learn more about tomorrow's leadership strategies today? Are you looking for a motivational keynote speaker for a leadership event in 2009?

Timothy H. Warneka, author of LEADING PEOPLE THE BLACK BELT WAY: CONQUERING THE FIVE CORE PROBLEMS FACING LEADERS TODAY and THE WAY OF LEADING PEOPLE: UNLOCKING YOUR INTEGERAL LEADERSHIP SKILLS WITH THE TAO TE CHING is an nationally recognized leadership expert and an in-demand speaker. An expert on Emotionally Intelligent leadership as well as the interconnection of spirituality and leadership, Timothy H. Warneka is an experienced inspirational speaker who provides powerful leadership insights to:

* Business leaders;
* Health care leaders;
* Life Coaches;
* Leadership Coaches;
* Tomorrow’s leaders at colleges and universities.
* Retreat Centers

Drawing on the power of Emotional Intelligence, Mr. Warneka will show your audience cutting-edge leadership science in ways that are entertaining and fun. Mr. Warneka speaks at:

* Professional conferences;
* Organizational conventions;
* Staff Development days;
* Team Retreats.

Timothy H. Warneka can customize the presentation your organization needs … anywhere from a 30 minute motivational speech to multiple days of in-depth leadership training.

Contact Mr. Warneka today by calling 440.944.4746

Friday, December 12, 2008

Review from the HINDU Business Line

LEADING PEOPLE THE BLACK BELT WAY: CONQUERING THE FIVE CORE PROBLEMS FACING LEADERS TODAY continue to gain stature around the world.

This book review just came in from The HINDU Business Line:

"Start Listening

Unlike the ineffective leader, when a skilled leader hears something he doesn’t like, he stops talking and starts listening, even more so than he was previously, writes Timothy H. Warneka in Leading People the Black Belt Way: Conquering the five core problems facing leaders today.

You can’t learn anything about what’s going on in your organisation if you’re always talking, and trying to argue someone out of a perspective, Warneka advises. “If you ask a person whether or not he or she feels empowered and the answer is ‘no,’ then quietly ask ‘why’ and listen to what is said. You will inevitably learn something you did not know.” If, on the other hand, you become defensive and begin arguing how empowered the person should be feeling, then you were not ready to ask the question in the first place, the author avers.

Useful guidance."

Monday, December 08, 2008

Swallowing Economics

Economics was one of my least-favorite courses in college, and I've tended to shy away from economic books since then. Given the enormous financial upheavals of the past six months, I've decided I better brush up.

Economist Paul Krugman impressed me during several of the pre-elections debates I watch on the media, so I've decided to start with him. When I start reading an author, I try to start with their early work and come up to date.

Hence, my notes on:

THE AGE OF DIMINISHED EXPECTATIONS
By Paul Krugman (1990).


“The beginning of action must, however, lie in understanding.” (p. xii)

There are only three important factors for the US economy:
1. Productivity.
2. Income Distribution
3. Unemployment

“Indeed, for the median American worker there has been no increase in real take-home pay since the first inauguration of Richard Nixon.” (p. 1)

“When Ronald Reagan was elected, the supply-siders got a chance to try out their ideas. Unfortunately, they failed.” (p. 16)

"[During the '80's] The ranks of the extremely well-off were reinforced by the vast fortunes made by traders and investment bankers on Wall Street and by huge increases in executive compensation. Meanwhile, the amount of sheer misery in America has surely increased much faster than the official poverty rate, as homelessness and drug addiction have spread." (p. 20)

“The 1980’s have been an era in which fabulous fortunes have been made in corporate finance.” (p. 154)

“Americans no longer expect much from their economy or from the politicians who manage it.” (p. 169)

“Looking back from the year 2010, we will surely marvel at our stupidity in 1990.” (p. 170)

Tuesday, November 11, 2008

Circuit City Files Bankruptcy ... Here's Why

Circuit City announces bankruptcy . An article by AP states in part,

"Circuit City, which has had only one profitable quarter in the past year, has faced significant declines in traffic and heightened competition from rival Best Buy Co. and others. The company laid off about 3,400 retail employees last year and replaced them with lower-paid workers, a move analysts said could backfire, hurting morale and driving away customers."

Boy, did that strategy ever backfire.

Why did it backfire?

The executives of Circuit City ignored the importance of emotional intelligence. By laying off their highest-paid floor staff and hiring low-paid workers, they demoralized the sales staff, creating an enormous amount of emotional disengagement (for more on emotional disengagement, see my book LEADING PEOPLE THE BLACK BELT WAY: CONQUERING THE FIVE CORE PROBLEMS FACING LEADERS TODAY).

As a consequent of emotional disengagement on the part of the sales staff, service suffered. I can personally attest to this, as several recent trips to Circuit City left me frustrated by either the unavailability or incompetence of the sales staff.

I'm not alone in these thoughts, either. This article by TIME magazine has the following to say about Circuit City's service:

"For many consumers, however, Circuit City's most obvious failing was its customer service. In March 2007, it announced plans to lay off its highest-paid hourly employees, including salespeople, and replace them with cheaper workers. That same year, then CEO Philip Schoonover received some $7 million in compensation. It may come as no surprise, then, that a quick Web search on "Circuit City complaints" brings up hundreds of thousands of entries."

A word to the wise to CEO's: Rather than focusing on your yearly bonus, focus on building emotional engagement in your staff ... especially those in sales.

Wednesday, October 15, 2008

A Brilliant Election Year Marketing Strategy

7-11 has nailed a fantastic election marketing strategy, one that they've been running for years now.

Check it out.

It's brilliant because it ...

* gives people a choice
* has a tie in with USA Today newspaper
* sells more products
* is repeatable every four years.

... and SO much more!

Hats off to 7-11 for a brilliant marketing strategy.

Wednesday, October 01, 2008

Leadership and Emotional Intelligence

If anyone doubts the importance of Emotional Intelligence for leaders, one only has to look at the emotional responses to the economic crisis of the past week.

Do emotions impact the bottom line?

Without a doubt.