Archive for October, 2007
ManagementSpeak: Flex time? Sure — we even let you work a half-day when you want! Translation: What you do with the other 12 hours is up to you. KJR Club member used a bit of the other 12 hours to send in this translation.
If it makes you feel better, compensation has improved. I’m not talking about the amount. I’m talking about how it’s administered. Not that long ago, many companies gave men raises when they got married. Women’s careers stalled under the same circumstances. The logic was impeccable: Married men needed more money to support their households. Married […]
ManagementSpeak: We’re looking for someone who is dynamic, a self-starter, and highly motivated. Translation: We’re looking for someone we don’t have to pay much. I hope KJR Club member John Pfeifer understands we don’t pay much for these. In fact, we don’t pay anything.
Poor Joe Torre. George Steinbrenner’s offer would allow most Americans to retire in comfort after a single year of work. Add the incentive payment for success and their children could retire too. Torre was, he said, “insulted” Steinbrenner wanted to connect his pay to his performance. (He didn’t, of course, phrase it quite that way.) […]
ManagementSpeak: It’s too early to assess this project’s true value. Translation: I’ve already packed my bags. KJR Club member William Adams easily assess the true value of this week’s management quotation.
The free market is a versatile tool for allocating resources. So versatile that many consider it a panacea that solves all problems — not only in the public marketplace but also in business governance. Transfer pricing (the practice formerly known as “charge-backs”) is just one example. Having an “invisible hand” make the complicated decisions required […]
ManagementSpeak: There will be equitable separation packages for employees at all levels. Translation: We get golden parachutes. You get tossed out of the plane with a backpack. This week’s anonymous contributor provided a golden translation.
Thoughts from an Oregon vacation: Experts experience a different world (1): In Sideways, Miles and Maya (Paul Giamatti and Virginia Madsen) have a deep, touching conversation about Pinot Noir. They sipped their wine and envisioned the work of growing the grapes, the weather, the scenery, the vintner’s technique … entire vicarious lives. I experienced flavor. […]
ManagementSpeak: You’re immature. Translation: I’m immature. KJR Club member Gary Rathbun’s knowledge of psychological theory was mature enough to recognize this classic example of projection in action.
One of my regular correspondents — a career military officer and a man I respect, had this to say about one of the executive archetypes I described in last week’s column (“Jung at heart,” Keep the Joint Running, 9/24/2007) — the General: Do you think that actual military generals all think as you describe, or […]