Action Planning Podcast Series | What’s Going On in the World?
What are we going to be covering in this 5th podcast in our Action Planning Course? We've all been here, haven't we? We've got a great idea to expand our…
What are we going to be covering in this 5th podcast in our Action Planning Course? We've all been here, haven't we? We've got a great idea to expand our…
What are we going to be covering in this 1st podcast in our Action Planning Course? These days, we're all busier today than a woodchuck chucking wood ... so it's…
Do you think you could distill a lifetime of experiences into a handful of sentences … so that when your grown children read them, they would hold them as dearly as they once held their teddy bears?
I’ve recently published several lists of “life lessons”, for lack of a better term, that keep coming my way from a variety of sources. These lists, scratched on the back of an envelope found in a plane crash, or tucked in a wallet for 50 years, are treasures because they’re personal … and each person believed he or she had captured the unique nature of their humanity.
[pullquote]Can you capture your life lessons on a 3×5 card?[/pullquote]
So, now come the Guideposts of business philosophy taken from the book, Marriott — The J. Willard Marriott Story by Robert O’Brien. It’s longer than most … not a note card but still a single sheet of paper … maybe Willard did more than most? Some may seem old-fashioned, others a little harsh for the more indulgent company cultures of the 21st century … but most of them are rooted in sound business practices. Work your way past some of the pedestrian entries to uncover a few nuggets and valid reminders that you can add to your own list.
I'm starting to hate multitasking. I've known for some time that it's not healthy ... And not particularly productive. I caught myself in the spring with The Misleading Meandering of…
“Speed, for lack of a better term, is good”.
That’s not quite what Gordon Gekko said in the original Wall Street movie, but it’s close enough for our purposes.
So, who’s complaining about the super-fastest fiber-cable ever? Nobody that I know of, but here’s what caught my attention. It isn’t just the extraordinary speed extolled in Forbes’s recent article, Wall Street’s Speed War. Sure, it cost about $300 million to bury a one-inch underground cable over the 825 mile distance between New York and Chicago. Yes, it’s been done in stealth mode so no one would find out and build one even faster, and yes, it’s about to go live.
Big deal? Apparently so … but here’s the thing. The only reason this cable got built was … grab your abacus … to save 3 MILLISECONDS off the previous route for such cable traffic. That’s equal to THREE 1/1000 OF A SECOND!
What for? Here’s a few of the effusive remarks that Forbes quoted: ‘That’s close to an eternity in automated trading” … or “Anybody pinging both markets has to be on this line, or they’re dead.” (more…)