Read more about the article Leadership | Flying blind? Assume Crash Position!

Leadership | Flying blind? Assume Crash Position!

Do You Need to Start Your Own Bonfire? Barely 500 years ago, Girolamo Savonarola was an outspoken and strident critic of the current order, angrily vilifying the worldly possessions that tempted people to become sinners. He was ultimately excommunicated from the Catholic church, condemned for heresy, stripped of his priestly garments, hanged, and his body burned in the town square in Florence, Italy, a stark and ignominious ending to a life committed to vows of poverty, chastity and obedience.

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Read more about the article Leadership | Can we really trust you to fake authenticity?

Leadership | Can we really trust you to fake authenticity?

If you’re not authentic, who are you?

What a surprise!

Years ago I was traveling regularly to Asia, and wanted to buy my wife a Cartier tank watch, a style that was very popular at the time.

I visited a reputable jeweler where most of my partners had been shopping for over 20 years, and found exactly what I was looking for. My wife was ecstatic, and I saved a lot of money over what I would’ve spent here.

… and a bummer!

[pullquote]“If you seek authenticity for authenticity’s sake you are no longer authentic.”~ Jean-Paul Sartre[/pullquote]

One day, it stopped working. Cartier is a highly reputable brand, so I didn’t hesitate to send it to their New York facility for repair.

Imagine my stunned surprise when several weeks later they returned it with a note that said it was a reproduction.

A fake.

I not only bought the watch from an established retailer, but I had the beautiful Cartier box, a written certificate of authenticity and a warranty card. All of it was fake.

(more…)

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Read more about the article Leadership | How many distractions are YOU creating?

Leadership | How many distractions are YOU creating?

How many distractions do you own?

Does it seem like we’ve talked about distractions a lot in the past?

Maybe it’s just the ones in my head that makes me think so … which of course, is a distraction itself. (In the interest of full disclosure, I did write about distractions last April, “Are Distractions Destroying Your Brain?”

In “Just Plans … or Sleeping around”, I responded to the tempest by offering some ideas about how to defend your castle by building a moat, then some barricades, then some lookout posts. (more…)

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Read more about the article Business Finance | Pick a card … any card ….

Business Finance | Pick a card … any card ….

New metrics to Define Financial Performance?

In the tumult surrounding the 3D maelstrom (Debt Ceiling, Downgrading and Deficit) of several weeks ago, you may have missed another chilling corporate finance update on the relentless pursuit of performance metrics that extol the sunshine while you’re in the heart of darkness. Yes, there may be some economic value for certain of these metrics, but they’re dangerous barometers of realizable value and highly misleading as to future achievements of tangible operating profits and free cash flow.

Another Sign of the Apocalypse?

Most of us recall the “eyeball counting” that preceded the Dot-Com-Bomb and those certain “Signs of the Apocalypse”, as when your cab driver is telling you what stocks you should buy. (more…)

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