Posts Tagged ‘wisdom’

Read and Study to Stay Relevant

Do you read and study to stay relevant? You may think that is a silly question, but the cost of not implementing this is huge. Read the rest of this entry »

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Absolutes and Business Wisdom

Both absolutes and business wisdom are relevant to operating a business. Just what does that mean?

Business absolutes are things like the balance sheet must balance. Wisdom involves things that you don’t have to do but that require the ability to discern what is best. An example of wisdom is whether to use Read the rest of this entry »

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Mentoring Time

Have you ever had a job where you felt like you were left to sink or swim entirely on your own? Did your boss fail to allocate sufficient mentoring time to help you develop skills and improve the likelihood you would make meaningful contributions to the success of the company as well as your career?

We All Want to Matter

A mentor can be one of the most valuable people in Read the rest of this entry »

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Indecision is a Bad Decision

How often have you found yourself waiting on a decision or leaving others waiting on your decision? Take too long to make a decision and that becomes the decision, and quite often that means this indecision is a bad decision. Rather than making the best decision based on the facts at hand, there may be a tendency to hold off until certain of the decision. By then it may be too late. As Geoffrey Chaucer said, “Time and tide wait for no man.”

There Is Competition

How many companies have debated making changes to their product offerings, only to be left behind when the competition acted first? Not only does Read the rest of this entry »

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Mutual Failure or Mutual Success?

If you have worked long you have likely seen a case where two individuals or departments within the same company appeared out to destroy one another. It is actually an easy trap to get caught in. Back during the Cold War between the U.S. and its allies with the USSR there was a phrase “Mutually Assured Destruction” (MAD for short). Essentially the idea served as a deterrent to both sides from launching a nuclear attack on the other as it was believed that in the end they both would be destroyed. Sometimes in business this MAD idea seems to be in play, except that it Read the rest of this entry »

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Knowledge or Wisdom?

Is There Value in Knowledge?

Obviously this question is a little bit tongue in cheek. Of course knowledge has value, if for no other reason than it broadens our thinking. But, that is of somewhat limited value. Let me explain. You should be encouraged to Read the rest of this entry »

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You’re Not Alone

You’re not alone in anything you attempt. Okay, that is a little misleading as you can choose to go it alone, but even then are you really alone?

Trying to Go It Alone

There are those people who seem to want to be the Lone Ranger and do it all themselves. It’s as if they cannot trust others to do it right. Or, perhaps they want all the credit and cannot stand the thought of sharing it with others. But, the reality is nobody knows or can do everything. To go it alone is to Read the rest of this entry »

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Be Different

Before acting do you make the effort to seriously consider if you are conforming out of habit or because you have considered the implications? Don’t misunderstand me as there are times when it is to the benefit of you and others to go with the flow. These are times when it contributes to efficiency and really does not need deep thought.

The Danger of the Crowd

“Whenever you find that you are on the side of the majority, it is time to reform.” – Mark Twain.

Now we know he wasn’t meaning this in all situations, but rather said it as a Read the rest of this entry »

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Einstein’s 8th Wonder of the World

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Albert Einstein. Try to picture Einstein as this reality began to hit him.

Albert Einstein - Cartoon Albert Einstein scratching his head thinking about something

Most people never pause long enough to consider the significance of this statement. Those that do usually only look at it from one perspective and that being Read the rest of this entry »

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Just Get Started

Procrastination, it gets the best of us all at some point. How often does someone say to us about something we are planning, “Just get started”? Our typical response is, “I will as soon as I get around to it.” You may have seen this before, but I think this picture shows just how ridiculous this response is.

Round Tuit

There you go. You can now say you have a “round tuit” and can get moving. Sometimes those first steps Read the rest of this entry »

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