Category: leadership

The Conservative Approach to Defunding the Police

This post was published in Rochester’s daily newspaper, The Democrat & Chronicle, on June 21, 2020

Will Hurd is the only black Republican in the House of Representatives.  In a Wall Street

1800x-1
Camden police march with #BLM protestors

Journal op-ed, he laid out his proposal for reforming the police.  Included was the implementation of best practices for police departments to be eligible to receive their portion of the $2 billion the federal government provides to police departments annually.  Implicitly, Rep. Hurd is saying Congress will defund police departments that don’t meet federal standards.

The clarion call to defund the police sounds like one end of a binary choice: either eliminate police department budgets or leave things as they are.  Of course, neither of those options are acceptable.

At a local level, defunding the police will take a different form in every community.  In 2013, the city of Camden NJ dissolved its unionized police department and signed a Continue reading “The Conservative Approach to Defunding the Police” →

It All Started with a Tweet

chase

A poor attempt at humor by someone in the JPMorgan Chase marketing department led to my faceoff with the co-founders of the Rochester Chapter of the Democratic Socialists of America (DSA) on live radio.  Chase’s tweet made fun of those who can’t figure out how to keep their bank accounts out of the red.  In our debate, I maintained that people should take responsibility for the consequences of their own actions while the DSA crowd advocated that people are victims of marketing and should get some relief from those who impose unreasonable costs on them.

You shouldn’t be surprised that we didn’t reach agreement.  But it was something that I said to the younger of the two that stopped him in his tracks (although we didn’t explore it).  I am on record as predicting that Millennials will save capitalism (see The Fourth Turning: How Millennials Will Save Capitalism) and cited the Conscious Capitalism Continue reading “It All Started with a Tweet” →

Mission vs. purpose: the what and why of doing what we do

mission1Have you ever repeated a phrase so often that you find you’ve forgotten what it means?  In a group meeting this week, I referred to a company’s “mission” using a phrase that I’ve repeated for years.  A new member of the group challenged me and threw me off balance.  What I was really referring to was the company’s purpose.

Simon Sinek, author of “Start with Why” and a speaker whose TED talk is among the most watched in history (over 41 million views), Continue reading “Mission vs. purpose: the what and why of doing what we do” →

HR and AI: how technology is taking over Talent Management

talent-management-systemRegular readers know that I am “old school.” As a hiring manager, I focused on finding talent not hiring for skills. “Skills can be learned,” I would say. “But, you can’t fix stupid.” That approach to hiring has faded away. We now focus on functional skills.

The Internet has cemented the skills approach to hiring. In the early days of Monster.com and its ilk, job candidates had to figure out what keywords should be Continue reading “HR and AI: how technology is taking over Talent Management” →

Touchstones: Connection, Reflection and Failure

amethystpalmstone-amethysttouchstonesAbout every three months, I join a group of colleagues for dinner followed by an all day meeting. Our goal is to share best practices, bond with one another and have some fun. Nothing unusual about that, right? What makes it different is that there is no corporate sponsor. It’s an Ad Hoc group of people who share a profession and a common interest in getting better at what we do. Most of us hop into our car and head to a central location within an area bounded in the north by Toronto, the south by Pittsburgh, the east by Rochester and the west by Indianapolis.

At our last meeting, one of our cohort suggested we try an exercise she thought of as a best practice: tell the story of your life in 5 or 10 minutes. I am a new member of this Continue reading “Touchstones: Connection, Reflection and Failure” →

Any Jackass Can Kick Down a Barn

MuleLeadLargeWe’re flush with new college grads this month. This crop has graduated into a rare economy – one in which employers are challenged by the dearth of candidates to fill the jobs they’re offering. Contrast that to ten years ago when even those with advanced degrees from top schools were kicked to the curb.

If faced with a plethora of opportunities, it would pay for grads to check with their friends who majored in physics before making a decision Continue reading “Any Jackass Can Kick Down a Barn” →

The management guru that time forgot

TQM - White Word on Red Puzzles.

The effort to help Japan rebuild after World War II included sending leading American management guru, W. Edwards Deming, to embed his Total Quality Management (TQM) ethic into that country’s manufacturing industries. Perhaps if Detroit’s Big 3 had simultaneously embraced Deming, we would see more Chevys and fewer Toyotas on our highways today.

TQM is based upon the idea that the performance of workers is dependent upon the system within which they work. Deming believed that managers apply all the wrong Continue reading “The management guru that time forgot” →

Three things to get your team to trust you

985b53493e57403d52a7e1e987bf39e5

Among the biggest challenges for corporate leaders is to establish trust. It’s not difficult to understand why. Most management positions are filled by the person most successful in a non-managerial role, not the person who exhibits the most leadership potential. Unsure of what to do or how to behave, they emulate their superiors, most of whom got their role the same way.

The default mode of the worst bosses turns people off. Many are unwilling to admit what they don’t know and often act on impulse. They lack empathy, often expressing the attitude that “if you can’t do it, I’ll find someone who can.” In short, they make excuses for their own Continue reading “Three things to get your team to trust you” →

So, What’s Your Story?

zoom_double_751659The mission of my first assignment in the corner office was to turn the business around. Bleeding cash, lacking sustainable IT and other infrastructure, and having suffered through a bad leadership episode, the company was teetering on the brink of failure. My first impression as CEO of the company (Lifewatch, then called Cardiolife) was that there were some quality people on the management team who lacked a sense of direction. Most odd was that the hallways were plastered with motivational quotes – framed posters of great photographs adorned with lofty phrases about teamwork or exhorting people to “Make It Happen.”

When I asked people about them, they all shrugged and said my predecessor had hung them to motivate the staff. It was clear that their presence was widely viewed as a joke. So, I removed them. A big part of my job was to change the culture. Lofty phrases not Continue reading “So, What’s Your Story?” →

Succeeding Without Losing Your Soul (Part 4)

The following are the author’s remarks at the Financial Leader of the Year (FLY) awards dinner on October 4, 2017, sponsored by the McCracken Institute and Rollins College.  This is Part 4 of 4. 

To read Part 1, click here.

To read Part 2, click here.

To Read Part 3, click here.

But suppose you’re not a Millennial with the inclination to travel to Outer Mongolia to do business directly with goat herders. (I can tell you that’s not on my bucket list.) Suppose you work for a big company. Let’s say a global corporation… like Nestlé.

Nestlé is an $89 Billion food and beverage company. The company’s mission statement is “Good Food, Good Life.” If you’re an espresso drinker, you may be familiar with one of their products: Nespresso. Perhaps you’ve seen a TV ad that features these guys:

ClooneyDevito

Nespresso follows the old Gillette razor blade business model. Nestle doesn’t exactly give away Nespresso machines like Gillette gave away razors. However, selling coffee in little pods is a very profitable business for them. And, it enjoyed 30% annual growth in its first decade on the market. It’s fair to say that Nespresso expanded the market for premium coffee and, simultaneously created a huge problem for Nestle:

Where would they obtain a reliable source of coffee to feed the demand they had created?

The traditional playbook for procurement managers is to commoditize the supply and Continue reading “Succeeding Without Losing Your Soul (Part 4)” →