I talk a great deal about visions. About how they should drive organizations, about what they should contain, and about the importance they have on the effectiveness of teams. I see many cases of strong, clear, focussed visions leading to great success. And I see the opposite. I see organizations […]

Like many police departments these days, Seattle’s is under fire for the handling of a number of incidents, and the possibility that the officers overreacted. I’m not going to dive into the depths of the argument over individual cases. It is so hard to be sure of the facts, and […]

Mike Hargrove, the manager of the Seattle Mariners walked into work this morning as said “today is my last day as manager of the Seattle Mariners”. To say this was a shock would be a vast understatement. The thing that was most curios about the announcement was his reasoning. He […]

Here’s a quiz for you: who has more retail outlets — Starbucks or General Motors (GM)? If you listen to all the late night comics with their shtick on Starbucks and how there’s one on every corner, you think you know the answer. Well, you’d be wrong. Starbucks has about […]

If you’ve followed along with this blog, you know a couple of things: It’s past time for some sort of recognition for the one year anniversary, and I’ve been quite remiss in posting over the last month or so. As to the former, I say: “bah humbug!” I have grown […]

Once in a while, as a manager, you will be fortunate enough to have a team member who is a superstar. These people are not just above average, they are vastly better. They are smarter, more driven, highly focused, and they get far more work done than the rest. It […]

Recently, a good friend of mine told me the story of a sick performance review and reward system. I mean “sick” as ill, broken, maybe even sickening — not “sick” as the youth today refer to something really cool. The system bases rewards on the performance feedback from those around […]

A good friend of mine is part of the senior management team for the Boeing 787 “Dreamliner” project. As a student of project management, I love to catch up with him every now and then to discuss this unbelievably complex endeavor. While I’ve been up-close-and-personal to tremendously large and complex […]

New Yorker – April 30, 2007 The current issue of the New Yorker has an interesting article this week entitled “It’s the Workforce, Stupid!”. The article highlights the short-sidedness of companies that layoff huge portions of their workforce in an effort to appease Wall Street and other critics. Using the […]

As I noted in this post, it’s annual report season again. I just opened my Berkshire Hathaway annual report and once again was not the least bit disappointed. The Berkshire report confirms, as it does every year, why I am a card-carrying, stock-owning, unabashed member of the Cult of Warren […]

It’s annual report season again, and with it comes the flood of plastic wrapped envelopes to our mailbox that carry the once-a-year bounty of glossy, over-polished, and saccharin manifestos from publicly traded firms. This is “the art of the annual report”. I look forward to this flood, it offers insights […]

Today’s Wall Street Journal observes “Limits on Executive Pay: Easy to Set, Hard to Keep”. It is just one more sign that as long as executives are rewarded for the wrong things, their pay will continue to spiral out of control. It’s the “A-Rod’ing” of executive compensation. In case you […]