Sunday, February 26, 2012

Integrity


Today Ricky Ponting conceded his One Day International career over after 13,704 runs, 375 matches and 3 World Cups.

Throughout this sparkling one-day career, and cricketing career as a whole, Ricky Ponting has always been a polarising character. A marvelously gifted batsman and hugely successful captain, his unwavering commitment to doing things his way has made the Australian public either love him or hate him.

At times his captaincy’s been criticised and his temperament questioned, but like him or not, he’s been an exemplary leader and can be held up as defining three very valuable leadership qualities.

Integrity
What you saw with Ponting is exactly what you got. He didn’t muddle his words and was the same gritty, uncompromising character on the field as he was off it. Throughout his career there were skeptics questioning his honesty and character as captain, but if he appealed for a wicket, it’s because he thought it was out. No ifs or buts.

Integrity means being the same person inside and out. It’s saying what you do and doing what you say. Leaders with great integrity instil trust, and when people trust you they give you their best because they know they’re always going to get yours.

Friday, February 17, 2012

Its so Small



A 'Brookesia micra' chameleon on the matchstick head : Madagascar, March 16, 2007.

Monday, February 13, 2012

Why Must You Buy Life


Lesson 1
Life is short – Humans have much longer life spans than fruit flies, but do any of us really know how long we'll live? The truth is, none of us is promised a tomorrow. So if you have loved ones who would suffer financially if you were to die tomorrow, don't wait another day. Now is the time to purchase life insurance.



Lesson 2
Don't procrastinate – Let's face it. We all procrastinate. It's human nature. But when it comes to something as important life insurance, fruit flies know better than we humans. They're born knowing that life is short, so they act fast to protect the ones they love with life insurance.

Lesson 3
Don't gamble with your family's future – Cost is the most frequently cited reason for not buying life insurance. People say it's too expensive, but that's a common misconception. The fact is, life insurance has never been more affordable. The cost for basic term life insurance has fallen by about 50 percent over the past 10 years. When people say it's too expensive, what they really mean is that they're prioritizing other purchases over life insurance. If you need life insurance and don't own any, each day you're gambling with your family's financial future. Make today the day you stop being a gambler

Sunday, February 12, 2012

Wednesday, February 8, 2012

The Price Of Greed


Wu Ying, a tycoon once listed among the richest women in China, has come to her last hope of survival. The former 31-year-old billionaire, now on death row, is waiting for the top court's final review of her capital sentence, which was upheld by a local court last month, a few days ahead of the Chinese New Year.

Shen Ziming, the presiding judge of the case from the High People's Court of East China's Zhejiang province, told China News Service that the court endorsed the previous judgment after finding the defendant illegally raised up to 770 million yuan (US$122 million) from 11 lenders with the promise of high returns from 2005 to 2007, and hence should be "severely punished" for the apparent Ponzi-like scheme, as she has "brought huge losses to the nation and people with her serious crimes".

Shen said Wu concealed her debt to lenders and pretended to be financially powerful by "showing off jewelry and registering nominal companies".

Friday, January 27, 2012

Attitude Over Skill


Why do so many fail within the first 18 months of taking a job?
When our research tracked 20,000 new hires, 46% of them failed within 18 months. 89% of the time - new hires failed due to attitudinal reasons and only 11% of the time for a lack of skill. The attitudinal deficits that doomed these failed hires included a lack of coachability, low levels of emotional intelligence, motivation and temperament.

Are technical and soft skills less important than attitude?
Soft skills are the capabilities that attitude can enhance or undermine. For example, a newly hired executive may have the intelligence, business experience and financial acumen to fit well in a new role. But if that same executive has an authoritarian, hard-driving style, and they’re being hired into a social culture where happiness and camaraderie are paramount, that combination is unlikely to work. Additionally, many training programs have demonstrated success with increasing and improving skills—especially on the technical side. But these same programs are notoriously weak when it comes to creating attitudinal change. As Herb Kelleher, former Southwest Airlines CEO used to say, “we can change skill levels through training, but we can’t change attitude.”

How will the hiring landscape be different in 2012 and beyond?
We can find the skills we need. The lack of sharp wage increases in most job categories is further evidence of the abundant supply of skills. Technical proficiency, once a guarantee of lifetime employment, is a commodity in today’s job market. Attitude is what today’s companies are hiring for. And not just any attitude; companies want attitudes that perfectly match their unique culture. Google and Apple are both great companies, but their cultures are as different as night and day.

As the focus on hiring has shifted away from technical proficiency and onto attitude, it’s precipitated a lot of tactical changes in how job interviews are conducted. For example, the new kinds of interview questions being asked are providing real information about attitude instead of the vague or canned answers hiring managers used to get. Smarter companies are less likely to rely on the old standby questions like “tell me about yourself” and “what are your weaknesses?” Companies now have answer keys by which to accurately rate candidate’s answers. Interviewers can listen to candidates’ verb tense and other grammar choices and make accurate determinations about someone’s future performance potential.

Where are companies finding candidates with the right attitudes? The majority is using social networks but is that even working?
Companies are not getting high performers from the usual sources. They’re hiring in, what we call, the “Underground Job Market”. According to our latest research (outlined in Hiring for Attitude), companies are finding their best people through employee referrals and networking. They have started to realize that the high performers they already have fit the attitude they want and that these are the people they should be asking to help find more people just like them.
Given that data, it seems like candidates should be networking in every way possible—including social networking. But one thing that people misconstrue is what networking is actually about. Too many people are not networking; but rather are ‘need-working,’ as in: “I need work, or a lead, or an introduction from you”. Usually people on the receiving end of this dodge those inquiries. Job seekers need to ask themselves ‘how can I add value to this person’ and then go from there.

Attitudes change as workforce dynamics change. What happens in this case?
The attitudes for which organizations should hire are not abstract or based on a theoretical ideal, but rather are just the characteristics that separate high and low performers.

Southwest, Google, Apple, and The Four Seasons are all great companies and they all hire for attitude. Their high-performing employees live their attitudes every day and it’s a big part of what makes these organizations so successful. Low performers struggle with those attitudes are typically rejected by the culture. But those companies’ attitudes are very different from each other. They couldn’t successfully emulate each other’s attitudes. Every company has to discover the attitudes that make their organization unique and special. And even if the company’s attitudes change over the years, those attitudes will always be an organic reflection of their most successful people.

Myths About Life Insurance


Death and pushy life insurance agents are two things most people would probably rather not deal with. Here are some common myths to steer clear of:

Everyone needs to have life insurance
Life insurance has two main functions. The most common is to provide for people who are financially dependent on you like children and perhaps a spouse. The second is to pay estate taxes so that your heirs won’t have to sell property or a business to do so.

If you don’t have dependents or a taxable estate (currently over $5.12 million), you may not need life insurance. If you don’t currently need life insurance, you may still want to purchase it now. That’s because if your health deteriorates, it could be a lot more expensive or you may no longer be able to purchase it at all when you need it.

You need life insurance to pay off your debts
This is a common myth. Many people are concerned about their heirs inheriting their credit card or other debt they may have accumulated. While debts can reduce the inheritance that you leave your heirs, excess debt dies with you unless the debt was joint, community property or had a co-signer/guarantor.


Everyone needs life insurance to pay for your funeral and other final expenses
Purchasing a life insurance policy for this purpose can be the most expensive way to fund it. If your heirs will be inheriting any savings or other liquid assets, they can always use them to pay these costs. But if your debts wipe out your estate, a small final expense policy may make sense to avoid leaving your heirs with this burden.

Everyone needs enough life insurance to fully replace their lifetime income
Life insurance agents tend to love using this method of calculating life insurance needs because it’s quick and generates large amounts of insurance needs. But do you really need to replace your entire income for the rest of your working life?

You don’t need to worry about your life insurance policy after you purchase it
People tend to buy life insurance and then forget about it but a change in your financial situation or a birth, death, marriage, or divorce in your family could require you to update your beneficiaries or the amount of insurance you need.

Protecting your family is important but so is making sure you’re not wasting money on insurance that could be used for other financial needs. The key is to find the right balance for you. Don’t let these common myths throw you off.