Clap, clap, clap for Me
OK. Brief post.
Earlier this year I made a bet with another blogger on the outcome of the election races and to C-Nut’s credit, he paid up nicely! Thanks C-Nut!
Click here for more details and to view my singular post
a mish-mash of thoughts about whatever amuses me at any given time
OK. Brief post.
Earlier this year I made a bet with another blogger on the outcome of the election races and to C-Nut’s credit, he paid up nicely! Thanks C-Nut!
Click here for more details and to view my singular post
at 4:01 PM 1 comments Labels: Random
I absolutely love a great action flick and all but 3 of these are part of my DVD collection. I recently happened upon an interesting top 10 action movie list drummed-up by Entertainment Weekly and it listed Die Hard as the best action movie ever made, and Raiders of the Lost Ark came in third. *Insert twisted face; do a ‘lil head shake*
After reading through the rest of the toppers which even included Spider-Man2 and Desperado (puh-lease), I was suddenly motivated to come up with my own list.
First, the qualifiers:
1) obviously had to be a great action movie with shoot ‘em up, blow shit up, cut ‘em down kind of action.
2) plot moves quickly, the action keeps on coming
3) good storyline told from a unique perspective meaning, no action movies draped in bad clichés made it onto this list. The best action flicks are the result of great action embedded in a great movie.
4) stands the test of time and replays meaning, it’s just as good the tenth time you watch it as it was the first time you watched it three years ago, i.e..
Now,
THE LIST
Top 5 very, very close Runners-up [in order]:
Bourne Identity
Braveheart
Bourne Supremacy
LOTR: The
Star Wars III Revenge of the Sith [Some might argue here but c’mon, the whole fight scene between Anakin and Obewon?
at 11:34 PM 8 comments Labels: Random
Ok, this would be going off my usual marketing/politics/random brainiac blog posts but recently some friends and I got into a most lively discussion trying to agree on the top 10 most romantic movies in “our” lifetime. We each came up with 10 and slowly and painfully voted out movies by rational discussion followed by heated argument followed by majority vote. I’ll have you know that half of my movies made it on the final list (pat pat on the back).
So, after several bottles of wine, a gaggle of oohs and aahhhs, and reminiscing over some very great love scenes, here goes the list with the number one spot of the most romantic movie in the last 30 years going to a tie between the top two movies we split on. OK, so technically it's the top 11 movies....
THE LIST
Dirty Dancing
Crouching Tiger Hidden Dragon
When
Ghost
Thoughts? Share ‘em if you got ‘em.
at 10:03 PM 17 comments Labels: Random
I only came up with a handful of these and pulled the rest from here and there and around the internet. ;-)
Share 'em if you got 'em!
at 11:31 AM 15 comments Labels: News and Politics
Overall, the best debate thus far, hands down.
Bravo to Bob Shieffer – great job moderating the debate. He asked good questions (could have done without the VP question again) but he essentially stayed out of the discussion but to ask the questions, allow follow-ups and redirects and he kept the conversation flowing.
OVERALL: Some sharp exchanges tonight but, will the results sway independent votes to the right? In majority, I think not. People needed to see McCain CRUSH Obama on the issues; all Obama really needed to do was stay afloat and respond to the issues. He’s eloquent, he can do that. A lot of effort from McCain that came a little too late in my opinion. By no means was this McCain’s last chance to close the gap but a stronger performance was needed – particularly in the last 20 minutes which is what most tend to remember. Ronald Reagan was behind in the polls during his first term up until the week before the election so, I wouldn’t close the books on McCain just yet. Side note: what a blunder in speaking to Palin and autism when her child suffers from down syndrome. Wowzahs….
AYERS AND ACORN: I strongly disagreed with other Republicans who felt McCain needed to confront Obama with allegations regarding Ayers and ACORN. Not a good strategy. Why? Because the intent of the debate isn’t to solidify Republican votes (already outraged by the allegations) but to sway independent votes and leaning undecideds from the left… and a) Ayers and ACORN aren’t the key issues for these segments and b) confronting Obama on non-key issues during a televised debate gave Obama an opportunity to eloquently and calmly talk his way out of it, which he did. Allegations are just that and now, that card has been played.
SUPREME COURT JUSTICES: I would have liked to hear more on this topic because it bears huge impact on the next four years since the next President will likely be electing more than one Justice to the bench. In fact I don’t believe that enough emphasis has been placed on this issue from either campaign. On elections, McCain said he’s against litmus tests and would elect a Justice based on his/her record of adhering to strict interpretations of the constitution and would not elect based on political ideology. First, I don’t like the use of the verbiage “litmus test.” It’s overused and overplayed; and second, McCain should have HAMMERED Obama when Obama “suggested” that he would elect a Justice who shared the same core values. That is a dangerous relationship and puts the value of our highest legal system at risk.
THE ECONOMY: For the first time, McCain finally said “I am not Bush.” I’ve been wanting him to shout this out to the heavens and the people for quite some time now. It goes without saying: he needed to do this much earlier on in the campaign. I think McCain did a much better job than previously of calling out specifics – specific programs he supported, plans for reform, and specific programs he would cut (I would have been in heaven if he had addressed welfare specifically - screw the hatchet, bring on the blow torch!).
I am a huge proponent of free trade and would have liked to have heard McCain push Obama more on his position with NAFTA and other FTA’s and I also think he should have pushed Obama more on previous statements regarding energy independence and specifically, his shifting support of Nuclear energy.
EDUCATION: On outlying specifics of his education plan – I think this was a slam dunk for McCain. State taxes need to be applied more appropriately and reform is necessary BEFORE federal funding is injected into a broken system. Personally, I’m against having more federal government involved in our education system that state government.
HEALTHCARE: I said this after the first (or second) debate, McCain needed to address DIRECTLY the allegation that 20million will be dropped from their employer based healthcare plans under his proposed healthcare plan. This is a critical point, and again, like a fart in the wind, it just soaked up the air and blew right by him. He missed the opportunity. He needed to say ‘Your 20milliion estimation is completely wrong Senator Obama. You keep wanting to throw that number out there to sway middle class voters but this is why it’s wrong and this is why it’s misleading [dot, dot, dot].” And, he also should have detailed his plan clearly and spoke directly to the large part of his healthcare plan which includes system REFORMS and oversight - two key things that would stem discrimination drops, pre-existing condition drops and help address the inflated 20million number (which btw: INCLUDES a proportion of the people who are CURRENTLY UNINSURED). And also for the record, there is no evidence to suggest that even without reform and oversight, any forced drops (for discrimination or other) would occur under McCain's healthcare plan. Having said that, he needs to remember to talk to his plan outside of refundable credits and a free market. Similar to the housing debacle, free market movement with reform and strict oversight would have steered us away from the economic mess we find ourselves in.
There you have it. A good debate but I felt myself reaching for more and the "more" never quite came.
So, who won?
Well clearly....Joe the Plummer!
at 10:06 PM 3 comments Labels: News and Politics
Interesting article in BW about GMs current financial crisis and the fate of its future. Particularly within the last 6 months, the books have gone from really bad to frighteningly scary. Some see a potential merger with Chrysler – a monopoly in my view (of financial and managerial failure) – others wonder of a GM bailout, some just see GM as we know it, going the way of the do-do.
The GM 5-point [failed] Plan:
Goals:
- Increase GM US Market to share to 33%
- Improve customer satisfaction as evidenced by points of market share, not fractions
Strategy:
- Implement innovate and proven marketing techniques
- Raise market share 1 percentage point in each of 5 key areas [customers, dealers, employees, salespeople, retirees]
- Remake corporate image as a leader by acting rather than re-acting
- Change focus of advertising from distress to aspirational
Note: GM adds that loss of market share experiences is the result of diminished image of GM in the marketplace. [no kidding]
Let's briefly talk about the success of it's 5-point plan...Almost every one of GM's vehicle lines has lost market share since 2000 if not earlier (except Cadillac which actually had a lift between 2000 and 2008). While most vehicle warranties have been improved, GM vehicles simply aren’t built as well as Honda, today’s Toyota, or even Ford (while they also have their problems).
GMs non-SUV/Sport utility market share in the US went from 42% back in 1970 to just 22% in 2005, while Honda and Toyota each went up 14 and 11% respectively. By 2007, GM shares sank another 2.5%.
Some would agree that GMs globalization strategies in the last few years, trying to combat the movement of DaimlerChrysler and Ford in Europe and China, have been ‘questionable’ as well and, for many parts, undermining due to poor product lineup.
Looking at the goals and strategies laid out in the 5-point plan, it's fair to say they've fallen short on just about every bullet point (though Hummer and Cadillac divisions did come out with some nice ads thanks to Mondernista and other agencies..). But, 33% market share? How realistic was that given the steady sales decline, changes in environmental concerns, changes in gas and oil prices, not to mention resource allocations (manufacturing warehouse locations, suppliers and parts), management and union-issues bloating the company? Not very. That's quite a list of things prohibiting a flailing company of GMs size from regaining their once 33% foothold in the market. Even the most brilliant marketing tactics won't overcome management ignorance, poor quality parts at higher prices, or the $60 it costs to fill up your tank twice a week.
So how does GM stay afloat?
Can a private equity investor or billionaire financier buy-out the fallen company and turn it around (like Kirk Kerkorian who has knocked on GM’s door more than once already)?
Should GM focus solely on it’s legacy lines and sell-off everything else?
Since the popular thought movement to hybrid-thinking and “green technology”, and growing aversion to concepts like “gas-guzzling” and “air-polluting” vehicles, will demand for SUV’s and sport utilities – the bulk of GMs former cash flow – ever come back?
Finally, who’s to blame? UAW – Rick Wagoner and the GM Board - management at all levels – or, the shareholders?
at 1:42 PM 2 comments Labels: News and Politics
Obama’s plan is to increase taxes on those who make more than 250k per year, or rather, tax the rich folks who get richer under a Republican tax policy, while the poor get poorer. This is what the democrats sing anyway in order to tug at the emotional strings of
Obama wants to raise dividend and all capital gains taxes on those who make 250k or more. First, I don’t know if this is per person or per household but 250k per year certainly does not make one wealthy particularly since most people have to work their way up to that point after many years of hard work and paying off debts (i.e., school loans, business loans, children through college, etc.).
Liberals say that these tax increases do not and will not affect lower income families. Really? I beg to differ. In simplistic terms - every company needs capital. Capital equals investment. Because Obama’s plan to tax dividends penalizes equity investment like stocks and mutual funds and rewards debt investment such as bonds,
The bottom line: I simply can’t believe that devaluing stock prices (and thereby US stock values) for any American business and its stock holders – is a good thing, either for economic growth and prosperity or for the middle income, working class.
at 12:56 PM 20 comments Labels: News and Politics
I pulled this from RCP....the reality
*********************************************************
During his Fox News interview with Bill O'Reilly, Sen. Barack Obama responded to one question where the statistics contradicted his position by saying that "there are lies, damned lies, and statistics." He then went on to say that 95 percent of Americans would get a tax break under his economic plan. That's ironic, because his comment on "damned lies and statistics" is the perfect commentary on his own plan. Taken with Sen. Joe Biden's novel definition of patriotism, Team Obama is making an argument that Americans have never bought.
The statistics speak for themselves. Only 62 percent of Americans pay federal income tax, meaning that 38 percent get a 100 percent refund of any taxes withheld. So Mr. Obama's 95 percent that will receive money from the government includes roughly 33 percent of Americans who pay no income tax. One-third of Americans pay no income taxes yet would receive a government check of perhaps $1,000 or more.
That is pure income redistribution. Some pundits argue that this is Keynesian demand-side economics. It is not. Having the government take money from business entities or affluent individuals and giving it to those who pay no federal income taxes is not Keynesian. It's Marxist.
American voters don't buy Team Obama's arguments. A recent Gallup poll shows that 53 percent of Americans believe that Mr. Obama would raise their taxes. A recent Zogby poll shows a majority of Americans understand that raising taxes will hurt the economy.
Energy prices have pounded the U.S. economy. The recent woes on Wall Street have further shaken our weakened economy. Certain pillars of our economy, such as productivity gains and American ingenuity, continue to be powerful economic assets. But the current debt situation, spending trends, the cost of combating global terrorism, along with the energy crisis, leaves our economy in a truly precarious position.
Most credible economists warn that raising taxes during an economic downturn only makes the situation worse. Given our current economic situation, Mr. Obama's tax plan is the equivalent of pouring gasoline on a fire.
Then we come to the Team Obama fantasy that the Obama plan would cut taxes for most Americans. Yes, Mr. Obama says he will cut rates for lower-income Americans, but will more than offset that by raising taxes on dividends, capital gains, higher incomes, corporations, estates, and payrolls. But most Americans own stock, either directly or through their IRA, 401k or union pensions. Those Americans on Main Street who own mutual funds, own a house or have other investments will be punished by a capital gains tax increase.
Businesses and corporations do not pay taxes; we do. Businesses don't have huge piles of money sitting in the closet that they simply turn over to government when taxes increase. For every dollar that you increase taxes on a business, they simply increase their prices by a dollar. Who then pays the tax? We do. We do, when the product that we bought last week for $20 suddenly costs $21.
Mr. Obama's plan for universal health care and increased spending on just about everything costs hundreds of billions of dollars. To keep his promises to provide those things while eliminating the deficit and giving checks to lower-income families, he will have to raise taxes by hundreds of billions of dollars. But if lower-income Americans receive a check for $1,000 under the Obama plan yet have to pay $2,000 more when buying food and clothes, they are worse off.
Affluent Americans have not had a tax holiday during the Bush administration. Most analysts agree that the affluent pay more under Mr. Bush. In 2000, the top 1 percent of earners paid less than one-third of all income tax; now they pay 40 percent. The affluent already carry more of the burden.
at 2:00 PM 6 comments Labels: News and Politics
On a separate, more fun note: my friend Dan sent me a ‘drinking game’ on Tuesday in prep for the debate and sadly while I had class, had I been able to play I would have ended out the night stone sober…
The Rules:
Take a drink when McCain says...
at 11:32 PM 3 comments Labels: News and Politics
I just finished watching MSNBC’s online video stream of Tuesdays debate and I have to say: not all inspiring, much of the same (but with more detail), too much party jabbing from both sides, few questions that were new, and Brokaw’s constant reminding of the “time contract” was very annoying.
New revelations: McCain is obviously much more comfortable speaking in a town hall format and the McCain ‘my friends’ colloquialism has got to go.
Some believe that McCain needed to engage Obama in a "character debate" of sorts. Subtly done, I think it could have worked but Tuesday night’s forum just wasn’t very forgiving there - too personal, too close to the audience,...and so McCain was smart to leave that off the table.
On Obama's performance
Strong lead, but he seemed to come apart a bit in the second half particularly during the discussion on
Surprises of the night
I was surprised to hear Obama mention 9-11 and before the Republican candidate; usually 9-11 is a key talking point for Republicans since it is a tie-back to our foreign policy platform and National defense.. I was not happy to hear Obama talk about how Bush could have rallied the people better; frankly, that just pissed me off.
I was surprised at Obama’s show of clear support for investing in Nuclear power plants – I specifically remember Obama stating that he was not a supporter during the party races. I suspect that he truly is not but recognizes it is a necessary component of a solid alternative energy plan and that it sits well with the majority of alternative energy supporters.
I was annoyed by Obama’s insistence that oil drilling is somehow the entirety of McCain’s plan for energy independence despite the list of alternative fuel sources McCain had already espoused.
And finally...
I am sick of hearing Obama and co blame the Republicans for the state of the economy. First, I believe
And I'll also note that Republicans lost majority seats in both the House and Senate two years ago when supposedly Obama touted the dangers of deregulation. A) De-regulation was in progress long before then and b) obviously Obama did not have the leverage or the political weight to pull his own party as a Senator.
On McCain’s performance
He seemed much more relaxed than he was two weeks ago: his talking points were more succinct, he introduced one or two new things, he answered the questions that were asked, he was direct, he defended his positions more clearly and had some decent rebuttals for position on policy. Overall, he did a better job of connecting with the audience.
But he still falters on one key area – his facts. And no, Obama-ites - I don’t mean misstatements or lying – I mean utilizing more facts in his talking points. Forget about the finger pointing, use numbers and specific examples – and lots of them! McCain needed to be more engaging with regard to specifics – heathcare policy (he did OK here), tax policy – the specifics (he started out well but Obama got the last word and essentially wiped out his efforts), economics (the crisis, the bailout, the result). The people need to hear specifics – numbers and specific examples citing economic cause and effect.
With regard to voting record: on almost every issue where Obama pointed to McCain’s record of voting against a position (insurance for children, stricter institutional regulations, alternative energy, etc) – McCain needs to be very explicit as to why he voted the way he voted. He’s running on a platform of pork spending and earmarks and he needs to speak to those “specifics” when it comes to his voting record - i.e., funding for a new bicycle path(?) and others like it that Democrats slipped into the bailout bill. In this case, obviously McCain couldn’t vote down the bailout bill but he needs to point out those specifics and not just talk to it. A good strategy would be to have 2 or 3 for one debate and 2 or 3 more for the next debate.
And finally...
I’m also tired of hearing McCain and co blame the democrats fo...wait, nevermind. I actually can sit and play the blame game against the Democrats ALL DAY LONG. ;-) I know - how one-sided of me...
at 10:48 PM 3 comments Labels: News and Politics
Less than one month to go until election day and it's time to make our predictions. Time sure does fly doesn't it?!?!
Here's where the EVs currently stand:
Republicans:
have 163 Electoral Votes
need 107 Electoral Votes
There are:
9 undecided States
115 Electoral Votes up for grabs
Here are my predictions.....
Best Case:
Elephants [274]: winning swing states CO (narrow, narrow margin), FL, IN, MO, NC, NV, OH, VA,
Asses!! [264]: NH
Worst Case:
Elephants [213]: winning swing states IN, MO, NC, VA
Asses!! [325]: CO, FL, NH, NV, OH
And of course, my fingers are crossed for the Best Case scenario. In fact, this will likely be my final prediction pending results of the next round of debates.
Share your thoughts and post your predictions.
at 2:15 PM 12 comments Labels: News and Politics
First of all, I think Palin did well tonight…but she could have done better, particularly in the first 20 minutes. She spent much too much time responding to some of Biden’s more minor points and not enough time answering the question at hand. A key strength of Palin’s nomination and allure is her ability to straight talk and she needs to stay on that path. A key point there is being direct in answering questions – whether or not she fully knows the answer. With Biden following Palin and answering the moderator’s questions first, he looked stronger and more focused.
Note to McCain and Co…Always, always, always,..answer the question first then move on to rebuttal points.
Having said that, I have to say I was extremely disappointed with the moderator’s performance tonight. Ifil asked good questions but I felt she was clearly leaning in a direction that gave Biden an edge in the debate. On key issues such as healthcare, deregulation, and taxes - Biden had an opportunity to rebut Palin’s initial response but in his rebuttals he continuously threw in misstatements of facts and contrived numbers with no inkling of legitamacy behind them - like the 20 million people who will get dropped from their insurance plan as a result of McCain’s healthcare plan – but then Ifil didn’t allow Palin a rebuttal. When a VP-select makes as many erroneous statements as Biden did in tonight’s debate, how can she not allow for a rebuttal? Ridiculous.
Throughout the debate she gave Biden second rebuttals and final word (and in many cases the only rebuttal) before moving on to the next question. And the problem with that is that once something damaging is said and there is no one to correct the gross misstatement of facts, it’s “out there.” And the people don’t forget.
Major thumbs down to Ifil but I’ll add that Palin also failed in this regard because she should have stepped-up to the mic and insisted on responding to some of Biden’s “facts of fiction”.
On troop funding, Palin should have resoundingly stated McCain’s history in supporting our military. She should have directly responded to Biden's multiple references of McCain voting against one troop funding bill that Obama supported – Reality: he didn't vote against it, he abstained from the vote but noted his clear disapproval of the bill and urged Bush to veto the bill not simply because it included a timetable but because it included a very short, unrealistic, and dangerous withdrawal timetable. And btw: many were against that piece of it as well and McCain felt that abstaining was the right thing to do because of that piece of it. I’ll also note that Obama actually did vote against a troop funding bill because there was no timetable which goes directly to the same point that Biden was trying to make against McCain. Palin needed to throw the facts back to Biden and the people watching rather than let these misperceptions from the Biden-camp linger. She should have made it very clear that McCain’s record has unequivocally supported troop funding and our active duty military and military veterans in general (except when pork, absurdities or nonsensical demands were tied to the passing of those bills). Palin needed to hit that message home and she didn’t.
So, who won tonight’s VP debate? I hate to say it but I think Biden did – due in no small part to the moderator who, to me, appeared to show clear bias towards Biden in her management of response times and rebuttals to key issues. But... I do believe Palin came out ahead from where she started prior to the debate. Her approval numbers of late have been dropping like bombs and I think she helped herself and the McCain camp tonight with a strong performance. Kudos to Palin. A big boo for Ifil; and all my silent curses to Biden.
at 10:45 PM 6 comments Labels: News and Politics
I watched the debate and I’ve read through the transcripts. The result: McCain came out ahead. It may not have been out of the ballpark, but he landed enough distance hits to potentially get a lift in the numbers (or good momentum in prep for the VP 10/2 debate).
Here’s the breakdown: McCain kicked Obama’s ass on every issue but the bailout package. On this he broke even – maybe a little under even but generally speaking, McCain responded to Obama’s criticisms pretty well and even put Obama on the defensive during the first 30 minutes on an issue that is supposed to be Obama’s trump card in this race.
at 7:19 PM 14 comments Labels: News and Politics
Kudos to the McCain camp for keeping the true VP nominee under such tight wraps; another kudos for going against the grain of predictability and thinking outside the box. McCain's decision to select Palin is an interesting one, but I think a smart one. While things can always backfire, the sheer shock factor, coupled with the momentum of curiosity for an unknown governor (and a woman no less), will force the Obama camp to relinquish the spotlight over the coming weeks. If done smartly, this could be a real opportunity for McCain and Co. to capitalize on the publicity and connect with voters with a relevant message.
Now, don't get me wrong - I get some of the anti-Palin sentiment. Some may be inclined to wave a finger and tsk-tsk Palin's nomination, but here's why they should pull back the trigger finger just yet and give a thumbs up:
Briefly side-stepping the fact that she is a woman...
- Palin has solid conservative credentials - something we Repubs knew McCain would need in a running-mate given some of his more 'left-of-center' conservative politics.
- While relatively inexperienced in the core political arena (a quality well-served for baby 'Bama and former President Clinton), Palin is young and still brings more relevant experience (of the executive nature) to the table. Granted, the state of Alaska only has 10 residents but....Palin has also served two terms as mayor and two more as city-councilman. Bottom line: she's not a newbie to the process nor the 'business' of politics. During her political tenure, unlike the democratic President-elect, Palin has actually done things.
On this note, i found it rather amusing, and a downright contradiction, that the Obama camp issued this response upon hearing of Palin's pseduo-nomination:
"Today, John McCain put the former mayor of a town of 9,000 with zero foreign policy experience a heartbeat away from the presidency"
"She is a throwback to the cowboy individualism of Barry Goldwater, a nod to the fiscal policies of Ronald Reagan, and a flag-bearer for the common-sense pragmatism of ordinary working parents everywhere."
at 2:12 PM 17 comments Labels: News and Politics
Lots of conversations surrounding web2.0 lately; lots of conference invitations for web2.0 marketing events (none of which I can or will attend - poo-poo). I read a comment recently that the greatest benefit of web2.0 is that the world is your oyster. Groan. Meaning? Dumb cliché aside – thanks to web2.0 the world is the new audience. Eh? Wrong.
If you start targeting everyone, in reality you’re targeting no one. Web2.0 creates outreach (i.e., targeting] and engagement [i.e., the conversation] but understanding who your audience is crucial for defining your marketing message. Particularly for small businesses, marketers need to be cognizant about knowing who they want to reach but more importantly they need to be realistic about who they can reach. One downside of web2.0 for many is that it can create the perception of static “channels” be it social network sites, blogosphers what have you; but as many already know, these channels are constantly changing - new channels open up, some disappear, and the outreach environment for many in terms of advertising is becoming more and more stringent as web users gain more control. As marketer’s, our hollistic marketing strategy has to be based on audience - not on "channel.” That said,
Stop thinking “broad-base” and start thinking “niche.”
Think Blackberry: a niche product that garnered mass-market attention but it grew from the path of niche-mindedness. For many businesses, small and large - there are probably a hundred and one other seemingly similar products on the market that are either skimming the profit margin or blundering horribly. The unique proposition of a partciular product or service is how you get to niche. And within niche-mindedness lies a more compelling, relevant marketing message for your audience. With time and effort and the right people on your team - at the end of the day you will get better results and it will [should] cost you a lot less.
at 1:15 PM 21 comments Labels: Marketing
So there are managers, and there are “managers.” Fortunately, I’ve never had any “horrific” managers – some were weaker than others certainly…..but I’ve known plenty of people that were bad managers and I’ve known plenty more that have had bad managers. My team recently grew and after having a series of one-on-one’s last week, I started thinking about the importance of being a manager and the responsibilities that we as managers have to our employees.
It’s not an easy job and I believe that the performance review process for managers – in so far as how they’re doing as a manager - is grossly insufficient. There are far too many that continue to take on reports when in reality they should be booted from their managerial seats and stripped of their manager titles.
So, with that said…what are the essential qualities of a good manager? Here’s my vote on the top 6 ….
Good Managers Assume Responsibility and Protect Their Employees
Good Managers Empower Their Employees
Good Managers Develop Employee Skills
Good Managers Take Time and Make Time
Good Managers Understand Productivity and Efficiency
And finally,…GREAT Managers aren’t just a title, they are a living force.
at 7:54 PM 10 comments Labels: Random
“I hope that the president will find time from his busy schedule to be out on
the campaign trail with me, and I will be very privileged to have the
opportunity of being again on the campaign trail with him,”
at 7:59 AM 0 comments Labels: News and Politics
Warning: long, long post today... ;-)
I remember a few years ago when I moved to Hoboken, NJ and took a job with JPMorganChase, situated right across from the NYSE. **ahhh** What a great deal that was. Every morning, I’d get on board the ferry in Hoboken, sit back and read the newspaper for the mile-long ride across the Hudson River, and get off at the Wall Street pier. I’d make my way up Wall Street, past all those financial conglomerates: Schwab, UBS, Trump Tower, Merrill Lynch, and others.... and just get immersed in the sounds and smells of downtown New York: the coffee, the doughnuts, the street vendors, the people lined up at the corner newspaper stands, the taxis, the passersby, and the trench-coat busy-bodies hurrying to their windowless offices with rolled up newspaper in arm (or briefcase).
What can I say, it was all very intoxicating and I completely bought into it.
I also remember shortly after my new move, I started taking up a subscription for the WSJ. At the time, it was more for status than readership; I thought the WSJ was for the intellectual right and the fashionably “cool” in society, and I was determined to be part of the “in”” crowd. Eventually though, I became an avid reader - for the quality of the writing, the editorial content, the "intellectual grade" and the range of print issues.
What can I say, the WSJ was and still is, a great newspaper...
Reading the WSJ was a daily routine, and a relaxing one at that. When I finally flipped that last page, I felt like I had accomplished something, learned something, retained something. I felt pretty good about myself.
Eventually though, those daily routines were supplanted by online news reading from sources like AP, Reuters, the WSJ Online and others. And now that I’m working for a newspaper – I feel the decline of readership more personally and I find myself wondering what the future has in store for newspapers and the WSJ. And let’s face it, newspapers don’t have too much to be happy about these days: advertising revenue is down, circulation is slumping, and newsroom cuts have become "daily news."
While the old news forums are indeed being usurped by the advent of the internet and new digital technology, unlike many (if not most), I don’t believe that the newspaper will wither away into nonexistence – unless we let it.
Even it becomes a niche market, rich in content...there is a way to save the newspaper.
Times have changed. The newspaper business has to be forward thinking if it wants to retain readership and grow it’s revenue base – be it through new and renewed subscriptions, information portals geared towards niche subscribers, or advertising dollars. ** A point of clarification - the newspaper is not the product. The "product" is the readership (the audience); the market is the advertiser. **
That said, the future of the Newspaper is about three things: Rich content, content "growth" and data management. The online version will be about rich media content across a wide array of verticals (a perfect marriage between online and print media). Okay, so that's technically, 1-2-3..4 things.
Content, Content, Content
Not for nothing but the editorial content of most newspapers today is sorely, soreley lacking. 95% of newspapers I just throw down in disgust. I can't handle the ultra liberal point of view or worse, the "uneducated yet well-written" point of view. And with continuous budget cuts and declining readership, the content is only going to get worse. Here's what I say, the business objective shouldn't be about making significant (or even slight) content cutbacks. That's the crux of the paper people! The goal should be to enrich the content and make it more valuable to all your readers and non-readers.
The future of newspapers is the 20-something generation. Today, they're fresh out of college – tomorrow, they’re readers. The trick is building loyalty and awareness now.
Add a rebuttal section: the same complaint that myself and so many others have - is the biased perspective of the media - particular newspapers. Add a fun, intellectual rebuttal section for key issues; readers submit the questions. You present the 'conservative' and 'liberal' points of view, or in the non-political sphere, the 'for' and 'against' point of view. You have two or three bullet points in a summary section highlighting the issue, each rebuttal is 1 column long, half-page. That leaves plenty of room for two debate topics. This section could be bi-weekly...every Wednesday and every Sunday to give it more value.
More "Jon Stewart" journalism: Not throughout the paper of course but every good paper should have a good, hearty "wise-cracking" page for the satirical and the cynical - make it fun, make it hip, make it interesting. We all share so much of the same thoughts, fears and hopes - make it relevant. Oh, and please...none of this 2000 words on a page for just one article. Have several brief columns for the page.
Add readership inserts that stir the palate of the 20-something crowd: technology, business for the ages, social events for 20-something readers in the local area, career and job hunting tidbits, etc. Or hey, have one weekly insert segmented by age group for everyone to enjoy! The question editors really need to ask (and answer) is 'where is the audience going?' - what information do they value and how can we incorporate these concepts into our paper thoughtfully and with added value...
Better stories, more stories:
...more content, more facts, more satire, more fun, more funnies, more inserts, more, more, more! As one LA Times editor said, “"wise investment – not retraction – is the long-term answer to the industry's troubles.” OR, "A dollar's worth of smart investment is worth far more than a barrel of budget cuts."
Of course, going this route may be more costly, and the newspaper may eventually be tailored towards a niche market with fewer papers being printed for a higher price, but if the quality is in tact and the content is at a level higher than it's ever been, newspapers will be around for a long time. And besides, I'm all for higher content quality. The biggest problem with news in general is that all the articles covering a particular topic, all say the same thing – so little varied perspective.
**ack. cough. tears.**
New Digital Content
As for the online version of newspapers... I have a few thoughts on that as well: In addition to the usual news/events, weather, etc….paid subscribers should be able to choose the level of editorial content, and level of censorship in their news, comics, and entertainment. Preferences can be modified for different household members – i.e., children and teenagers can have the G or PG-rated editorial content. It should be a "mix-it-up" subscription service.
Now, keep your pants on fellas...I'm not talking about intellectual "porn" here. No, I'm talking about mature, intelligent or maturely funny editorial content.
Audio-reading:
An option for the elderly or just those who want the news but don’t want to sit in front of the computer for hours on end. This could be in partnership with Adobe (Adobe has a downloadable audio-reader as part of their, I believe, 8.0 suite. If articles can be downloaded as PDFs you can listen to them using the audio reader.)
Newsbloggers:
Locals write the news and self-syndicate to all of the newspapers from their homes.
And finally,…
the information portal:
a comprehensive database of all articles, and key words within those articles with links to sources, names, events, references, etc. All stories with even the most obscure references would be tied together and stored in the database; a benefit for readers and editors who wish to have detailed information, background information on any particular subject previously covered, at their fingertips.
Think, a Wiki of the news per se. Today’s article search is a mindboggling expedition, and next to useless in so far as time goes but the technology is there; it is possible. Information is still the most valued commodity and it can come with a price – so long as the technology is relevant and no one else does it better (or first).
Internal Management
Ahem, so I'm relatively new to the newspaper industry but I've learned quickly that this industry - ahead of the data-mining curve it is not. Apparently the popular way to go from a circulation marketing perspective is to outsource marketing campaigns to local call center type organizations. Everything goes...from concept, execution, all the way to tracking.
..And here's what I have to say to that. EH. WRONG ANSWER! If you have the budget to outsource it to a group of people who hold no real personal value for your business, then you have the budget to "insource it" with one or two good people on your team. You can outsource the execution, but circulation teams need to be managing the campaigns that go out the door from concept, to execution strategy, to campaign tracking. If you value your business and the future of your business, you need to own that business.
Database Management
Another area with room for improvement. In order to effectively target and segment your audience to track campaign spend and revenue, to track usage across all campaigns, to track response rates for new campaigns, etc... you need to have an oustanding marketing database. No newspaper, with significant market share and declining readership, should be without one. Note to the industry, Invest in technology - it WILL help you.
Why? It's important to be able to drill down your data to really understand who you're reaching, why, and how much your "reach" is costing the company. It's important to know which marketing campaigns are effective? Which offers generate the largest response rates and within which segments? And the end-all-be-all of questions - what's the long term value of every customer, meaning how much is each customer worth in cost and revenue? Ultiamtely, you want to know what kind of penetration you're getting and what that return is in terms of costs vs advertising revenue.
You should be able to effectively drill-down data across demographic, location, risk, penetration, response-rate, number of households, homes on the DNC list, high customer service areas, hard delivery-areas, etc. You should be able to track customers by complaints, calls through the VRU, refunds, cancellations, write-offs, customer contact points, and so much more. And at the end of the day you should be able to tie all that information together to give you "the big picture".
Information is power, and information is the crux of the newspaper business. That rings even more true from an internal management perspective, when running the business.
So what do you think...are newspapers out and the internet in? Is the internet the future of news?
at 3:00 PM 6 comments Labels: Marketing
So in the last month or so, there’s been a massive pileup going-on of my weekly Businessweek subscription, and this weekend I finally took some time and starting going through them. I came across an article about some of the latest on McCain’s campaign and was surprised to read that former HP CEO Carly Fiorina, whom I knew had recently supported McCain on the campaign trail, was just appointed to serve as McCain’s public spokeswoman and as a people’s advocate for the RNC. Old news for some, new news for me. Either way, interesting choice though I’m not quite sure yet what to make of it.
The PRO’s:
- She is a marketer and a saleswoman; and very good in both roles
- Fiorina knows how to sell a vision and her skills in this area could really help elucidate McCain’s vision for the future, a point of communication that he's struggled with throughout the primaries. Moreso if O'bama takes the democratic nomination - McCain's campaign message will need to be very clear
- She has a 6-year run on her resume as the former CEO of HP which could strike a chord with like-minded business-folk who respond to innovation and thought leadership
- Some believe that while her leadership with HP ended in embarrassment, the growth strategies that she advocated for and pushed through, were largely responsible for the rising margins and profits that came under her successor (Hurd). Even just one year after her "resignation" HP gained a 4% PC market share lead over Dell and brought in higher reveneues than both Dell and IBM that same year
- Her rise to the top of the corporate ladder, going from secretary to CEO, is both extraordinary and inspiring – particularly for young[er]women working. McCain struggles to win-over the twenty-to-thirty something crowd and particularly young, professional women. Fiorina’s story could give his campaign some leverage with that voter segment
The CON’s:
- She was forced out of her 6-year run as CEO of HP, and her exit was not shall we say an “amiable” one. She was at the center of a merger so contentious, the son of HP's founder came out against it in a public boardroom fight.
- Fiorina is a "straight-talk" kind of gal. Combined with McCain's "let's be real" approach- it's reality overload. People want the real deal from their leaders but people also want to be inspired.
- Her offshore outsourcing policies will be sure to draw heavy fire from states in the northeast all the way down to the bible-belt south where skilled labor industries and programming jobs have been hit hardest thanks to offshore outsourcing. Her management practices along with McCain's "real talk" economics won't go over too well in these states. **I was surprised that McCain put Fiorina on the campaign trail with him in Michigan; a move that will surely bite him in the ass later**
- Though she inherited a monster that was on it's way down when she took over in 1999, Businessmen and investors will remember the troubled 6 year span under her leadership and the relief-day when HP stocks jumped 11% on the announcement of her departure.
- She’s been described in numerous public forums not as a leader who leads, but as a leader who looks to burnish her own image. Her position in McCain’s campaign could be seen as a means to get the ball rolling for her own career in politics – taking away from McCain’s spotlight
- The perceived image of Fiorina’s self-serving nature could perpetuate the notion that the RNC is a party of the rich and of the…well, self-serving
I'm leaning towards this being a not-so-smart move in the broad scheme of things but as yet, I'm still undecided. So, is Carly a wise choice for the McMan (or the RNC for that matter)? Can her business acumen win over Romney supporters? Will business-minded voters turn and run the other way?
Questions, questions..
at 9:57 AM 5 comments Labels: News and Politics
Now before anyone starts thinking I’m a hater of “causes”, I’ll just quickly note that I do believe in giving back and I’ve been a long time supporter and volunteer for a number of organizations like ACS, Gilda’s Club, NAC, and others. I’ll preface my point: I understand that the position of CSR is supposed to be a win-win situation for businesses and customers – businesses profit; the brand gains exposure and increases loyalty by building a relationship premised on conscience and cause; customers feel good, and society feels good for buying-in to it. * Hooray for business and the cause * Where I draw the line at corporate social responsibility is when it flies in the face of “transparency of motive” and I walk away feeling “duped”.
It goes back to that question of, why are you really supporting the cause? Some people think, who cares(!) – at least something good is being done. But I care. I care about disingenuous motivations and false pretenses.
What got me started on this whole raging path is something that happened yesterday. I’m walking down the street through town and have a need to buy some basic home supplies and I see two stores – one has a breast cancer ribbon in the front window and the other doesn’t. I opt for the breast-cancer supporter. * clap, clap, clap for the business * I pick out my things, and when it’s my turn to step up to the counter, I ask about a contribution jar or percentage of profit per item that goes to the breast cancer foundation. They tell me, and I quote, “We don’t contribute financially but we do believe in the cause.”
…Heh?
Maybe you think I’m overreacting but I tell you I’ve run into these scenarios many, many times and I am infuriated no less each time. Had I known the ribbon display was merely that - I would have gone to the second store whose prices are slightly cheaper. Clearly, the ribbon in the window was meant to draw me in as a customer - if they really believed in the cause - they'd do what many do and make a contribution to the cause. But what really gets my blood boiling is the "enviornmental cause". Here’s an example..
Charles Schwab had flown me out for an interview last year and I remember they put me up in the Orchard Garden Hotel – a green hotel near Chinatown, in downtown San Francisco. When I asked the recruiter about it, she gave me a very thoughtful, well-prepared schpiel that Schwab cares about the environment, and they’re doing what they can for their part.
Ok, I’ll bite.
Soy instead of ink, energy-regulated rooms, and recyclable bins (one for paper and one for aluminum)…I have no problem with that. The hotel was small, patterned with brown on brown colors but still trendy-looking in a chic “earthy” way, and my room was fairly comfortable. The major downside – it was also an additional 16 blocks from Schwab headquarters. After what felt like a dizzying 7 hours of interviewing, my mind came back to that “green” hotel and I did a quick review.
- They put me on the cheapest flight available (ok, understandable) but it also had me arriving at midnight, the night before my interview, and they had me flying out less than two hours after my interviews were done. That’s pretty harsh timing to save on a little reimbursement money. I was dead, during and after my interviews
- The airline they chose was so cheap they didn’t even have food on board; not even snack boxes just pretzels. And this was a cross-country flight mind you from Philadelphia to San Francisco
- They didn’t take me out to lunch and introduced me to the quick café in the main lobby
- Most of the standard hotel rooms in downtown San Francisco, for places like the Hyatt or the Marriott, average about $285/ night; the price for going with the Orchard was about $100 cheaper
So I’m thinking about this interview process and it suddenly dawned on me; promoting green wasn’t about social responsibility or supporting a cause – it was about cost-reduction. Like the rest of my trip – it was about minimizing expenses to the nth degree (and I mean going to the bare minimums without sacrificing company image). “Let’s go cheap and since it’s green, let’s play it up.” Admittedly, I was a little ticked.
Everyone wants to jump on the band-wagon of supporting "a cause". But from my review, climate change is a crock and for many businesses, so is asserting “earth-friendly” programs for the sake of the environment.
GE made their big splash with the “ecomagination” project, committing $2 billion to reducing greenhouse gas emissions and improving energy efficiency by 30 percent by the end of 2008 and 2012, respectively.
Seems to me that it makes perfect senses to invest in innovation and new technology for the future, particularly when you're the profit-hounding GE and one of the largest providers of energy-resource for homes and businesses. Investing in alternative technology that is, in the long term, cheaper to produce is called "smart business".
Toyota is promoting their new “green make-over” project intended to increase sustainability of production operations by emphasizing the role of nature in creating production sites.
All I can say is, weak; very weak.
Dell is beefing up their efforts to become “the greenest” technology company around by building-up it’s recycling program and “building earth-friendly PC’s”.
Why don’t companies just say what this is all really about – cost reduction for profitability and growth, or, in many cases - pretending they give a darn to drive loyalty and spend for customers who do give a darn. Was that so hard? Let’s talk about Dell’s “green” efforts – first of all, traditional computer parts are power-sucking nightmares and people are looking for power sustainability in their PC products. To achieve this – you have to look for alternatives; it’s a no-brainer. But to promote this as an earth-friendly project is ludicrous – the packaging box is a recycling nightmare (meaning it can’t even be recycled), not one component of their PC’s is made of re-cycleable material and the mercury contained in laptops can damage the CNS. What’s so “earth-friendly” about it??
Now there’s even the CRRA - Corporate Responsibility Reporting Awards; an international event with a prestigious gala evening, ceremonies, parties, and awards with titles like “Best Corporate Responsibility Fiscal Report” and “Best Carbon Disclosure”.
And guess what SF-based company was on the list of attendees. Yea, really.
at 8:45 AM 9 comments Labels: News and Politics