Archive for October, 2003

Oct 31st 2003 James Maxmin

What the economy has today is not service - it’s lip service, the thing that delivers what we call little murders, the daily indignities as customers that suffocate us. That’s why the service economy is giving way to what we call the support economy.
James Maxmin

No Comments » Posted by Administrator / Customer Service

Oct 29th 2003 Paul Hodgson

Often, performance-based plans are a measure not of an executive’s ability to reach a specific goal, but his ability to negotiate favorable, easily attainable goals with his superiors or the board.
Paul Hodgson

No Comments » Posted by Administrator / Compensation and Corporate Governance

Oct 27th 2003 Martha Barletta

Studies have shown that the male sees his relationship to others in terms of higher-lower, faster-slower, first-second. A female sees her relationships in less competitive terms: similar to-different from, know her-don’t know her. Thus advertising that says others will be jealous if you own this product works with men, but is off-putting to women. Women want to be able to say: “Yep, that’s my life. If that product works for her, it’ll probably work for me.” Women also relate better to “warmer” than to “winner.”
Martha Barletta

No Comments » Posted by Administrator / Advertising and Marketing

Oct 25th 2003 Nicholas G. Carr

When a resource becomes essential to competition but inconsequential to strategy, the risks it creates become more important than the advantages it provides.
Nicholas G. Carr

No Comments » Posted by Administrator / Competition and Strategy

Oct 23rd 2003 Richard Brookhiser

Law school worships understanding, business school worships skill. Law-school students scrutinize what has been done. If business-school students don’t quite learn by doing, they learn how things have been done.
Richard Brookhiser

No Comments » Posted by Administrator / Education and MBA Related

Oct 21st 2003 Tom Barnes

Email is still a great way to communicate with customers, but it is now—officially—a horrible way to prospect. So before you launch any email program make sure it’s about customer retention and not about acquisition. And even then, don’t assume it’s working until you can verify that with metrics other than open and opt-out rates.
Tom Barnes

No Comments » Posted by Administrator / Marketing and Sales

Oct 19th 2003 Nathan Myhrvold

Software is a gas. It expands to fill its container…After all, if we hadn’t brought your processor to its knees, why else would you get a new one?
Nathan Myhrvold

No Comments » Posted by Administrator / IT / Internet / E-Business and Technology

Oct 17th 2003 Dan Baker

Balance is not a math problem: It’s not a matter of shifting a few hours each week from one activity to another. If it were that easy, everyone with a PalmPilot would look as serene as the Dalai Lama. Balance is a design problem — a matter of coming to terms with your values and priorities, of reckoning with the trade-offs that they require. Balance is not about willpower. If you depend only on willpower, you’re likely to cave in whenever you feel pressured, tired, or unhappy. Balance is about discipline: It’s about deciding what’s important and then creating a structure that defines how you spend your time.
Dan Baker

No Comments » Posted by Administrator / Time Management and Work

Oct 15th 2003 Robert Monks

History will look back on the last decade of executive compensation in the United States as an atrocity. The levels of pay exceeded any historical precedent, bore little comparison with compensation in other countries, and – most importantly – failed to have any correlation with the creation of value for shareholders.
Robert Monks

No Comments » Posted by Administrator / Compensation and Corporate Governance

Oct 13th 2003 David Gill

What we need is moral leadership. Plato and Aristotle said the four cardinal virtues are justice, wisdom, courage, and self-control. I think they’re still right, 2,500 years later.
— David Gill

No Comments » Posted by Administrator / Ethics and Wisdom