Citibank, the receiver of billions and billions, decides to spend $400 million to put its name on the new New York Mets baseball stadium. Ten times the number of seats in that stadium is equal to the number of people who lost their jobs in two days just last week.
Wells Fargo ran full-page newspaper ads across the United States headlined: “The value of team member recognition.” This follows a controversial decision to reward a number of high performing employees with a trip to Las Vegas.There was a firestorm of criticism, nationwide because Wells Fargo is the recipient of bailout funds from U.S. taxpayers.
If the Employee Free Choice Act (EFCA) passes, which is highly likely, there may well be another spike in union membership in America, probably starting this year.
It seems to make sense that keeping the job you’ve got is a lot easier than trying to find another one, then another one, and then another one. Here are, from management’s perspective, the behaviors of those employees that have the most value, most of the time.
There are people who are intent on getting high up on the list of people we can do without. When we look at who is on the list of people to separate first, there are the kinds of behaviors and attitudes that surface.
Very recently an unsolicited, cool review of my new book, Why Should the Boss Listen to You? The Seven Disciplines of the Trusted Strategic Advisor (Jossey-Bass, 2008), appeared on amazon.com.
Following on the heels of the SEC’s devastating options backdating scandal, which caused as many as 200 CEOs, general counsels, and CFOs to lose their jobs, we enter into another, even more frantic period of CEO departures.
Restoring confidence and trust in business and government to manage our complex economy will only return when the most essential ingredient of ethical behavior is addressed openly and vigorously—the integrity of business leadership. It’s going to be a tough sell.
The news media continues its addiction to gutting candidates for public office.
Over the years, I’ve gotten to look behind many curtains, locked doors, and barricades, most of which you would find boring, banal, and surprisingly dull. However, the benefit of access is understanding, insight, and special knowledge. I intend to provide insight to various topics throughout the life of this blog.