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You've probably got that part nailed. Butt in seat, smile on your face. We often run into people who understand their job to be showing up on time to do the work that's assigned.
We've moved way beyond that now. Showing up and taking notes isn't your job. Your job is to surprise and delight and to change the agenda. Your job is to escalate, reset expectations and make us delighted that you are part of the team.
Showing up is overrated. Necessary but not nearly sufficient.
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Mish's Global Economic Trend Analysis |
Posted: 27 Jan 2013 09:09 PM PST It's time once again to take a look at happenings down under. Restaurants are closing en masse rather than pay double time and a half to stay open on holidays. Please consider Penalties blamed for taking high-end dining off menu. The annual survey of the 7500- member Restaurant and Catering Australia reveals a 33 per cent jump since 2011 in the numbers of restaurateurs saying they cannot afford to open on public holidays.Double-Time and a Half Insanity You have to love the mentality "the sky is not falling yet" mantra, especially when it clearly is. Who pays for this absurdity? Consumers in general of course. Business owners and employees of businesses who cannot afford to pay double-time and a half, also get hit hard. House and Land Incentives Property Observer notes House-and-land incentive and discounts from $5,000 to $126,000 New housing finance and building approval figures suggest there will be no swift rebound in demand for new housing.Massive Housing Incentive, Still No Buyers Macrobusiness reports Developers Go Completely Mad. Today, Property Observer has provided a comprehensive list of incentives being offered by developers in a bid to lift sales, which are in addition to generous incentives on offer in New South Wales, Queensland, Tasmania and South Australia.How Fast the Collapse? The housing bubble in Australia has clearly burst. All that remains to be seen is how fast things collapse. Meanwhile, Australia's unions still cling to an already dead model, oblivious to the fact the boom is over. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
"Libertarian Turned Keynesian" Responds Posted: 27 Jan 2013 12:49 PM PST In response to How to Debate Paul Krugman: "Ask Questions Like a Child", a self-proclaimed "Libertarian Turned Keynesian", a graduate of Columbia University, writes ... Hello MishSo Ridiculous I Hardly Know Where to Start I did not post the first name of "Libertarian Turned Keynesian" on purpose. His name was unusual enough that he could be found. The above response is clearly absurd. I reply only because it is precisely the kind of "something for nothing" silliness that is frequently taught in higher education.
Ignoring the typos, clearly the writer has absolutely zero sense of the difference between nominal GDP and wealth. In nominal terms (using the number of Zimbabwe dollars in circulation as "wealth"), Zimbabwe was economically the strongest country in the world. Unfortunately, they cannot teach common sense in schools. Instead they teach Keynesian claptrap. Then economically illiterate graduates write me things similar to the above. This kind of thing happens all the time, frequently with emails ending in ".EDU". Addendum: Spare the Monetarists? Reader Ayal asks "You target your attacks at Keynes and Keynesians, but why do you spare the Monetarists?" The simple answer is I don't. Bernanke is primarily a monetarist with some Keynesian tendencies as well. QE is 100% monetarism and I attack that all the time. Countless times I have pointed out that Japan tried both monetary and fiscal stimulus and failed. One can also search my blog for Greg Mankiw, the high priest of monetarism to see what I have to say. If I had to pick one of article in that search reference to read, it would undoubtedly be Modern Day Fairy Tale of 3 Economic Wizards (Except It's True) Comment It's quite shocking what comes out of our education system. Of course, what comes out is hugely influenced by economically illiterate teachers at the highest levels in education. Addendum 2: Not a Hoax Several people suggested the email was a hoax. It's not. I have additional correspondence with this person thanking me for not using his name. And a Google check of his name with numerous references ties back to Columbia. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
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Five Must Have Apps For The Proactive Freelancer Posted: 27 Jan 2013 11:38 AM PST The days where one could simply pick up a job, write, pick up a paycheque, and then pick up another job are long gone. Now it's up to the freelancer to find their jobs, organise their electronic data, market themselves, and do this all whilst working on any existing... |
Interpersonal skills | Most required to create a good social network Posted: 26 Jan 2013 10:31 PM PST To interact with the people socially we need some skills which are known as Interpersonal skills. These are the set of rules applied to interact effectively with persons. Interpersonal skills play a very important role in one's life if he wants to be succeeding in an organization. These are essential... |
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[Of course, this post isn't actually about airports].
I realized that I don't dislike flying--I dislike airports. There are so many things we can learn from what they do wrong:
As we see at many organizations that end up like this, the airport mistakes its market domination for a you-have-no-choice monopoly (we do have a choice, we stay home). And in pursuit of reliable, predictable outcomes, these organizations dehumanize everything, pretending it will increase profits, when it actually does exactly the opposite.
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