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Grow! by Paul Martin

Posts Tagged 'Economics'

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Perfect Timing and the Value Triangle

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Another deadline passed and the manager called to ask, “What do I do with this employee?”  No, it wasn’t the employee’s fault. I know the manager well.  He is a perfectionist.  His staff knows it.  He doesn’t. When he assigns work to a person, he expects perfection and will critique it until it is ‘right’.  HIs staff will make it as perfect as possible, recognizing that deadlines matter less to their manager than perfection.  His staff is proud of their work product, but disappointed that they cannot satisfy their boss’ requirement of perfection. Public Enemy Contrast these two maxims: Whatever you do, work at it with all your heart, as working for the Lord, not for human masters. The perfect is the enemy of the good. Colossians 3:23 (NIV) Volt ...

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Making Decisions In A Funhouse

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As I walked through a tourist area, something caught my eye: It kind of looked like a reflection of me, but the image was warped and distorted.  It was a funhouse mirror!   Wow!  What if I used that mirror to shave in the morning?  What a disaster it would be! If you can’t measure it, you can’t manage it. You and I make a lot of decisions that impact other people every day.  If the information that we use to make those decisions is inaccurate or misleading, we could make a mess of things.  Whether spending money on a capital improvement or deciding on the kind of development campaign, getting clean data is the first step. We’ve discovered management data can take three forms: Clean. Clear information that speaks to the core of the issue.  The data is trustworthy, speaks to the issue and is simple to understand.  Incomplete. Information that is obviously missing key components.  As managers, we see that the data is not to be trusted ...

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Pogo Stick Stability and New Media Innovation

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My brother had a pogo stick when we were kids.  He got to be pretty good with the pogo stick, but I never could get the hang of it.  With a goal of bouncing across of our driveway, I would only hop twice then sprawl all over the concrete. In our neighborhood, there weren't many who were as good with the pogo stick as my brother.  While my brother could skillfully bounce to the end of the block, I could only go that kind of distance on two feet. Two Feet Better than One Stick Technology companies caught onto this concept decades ago.  When a well-known company knew they had a ground-breaking technology, they also knew that consumers might find unintended uses (and problems) for the product.  So rather than having one Research and Development team, they put two smaller R & D teams in competition to build the new product. One team would launch the first version of the product while the second team would take prototypes of the yet unreleased product into the field and observe cust ...

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Wind shifts, Income shifts, Radio is ready

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If you're piloting a radio station (or any organization for that matter), the winds are shifting again.  Like a sailboat captain, you see--no make that feel--when shifts could pull you off the course you prefer to go.  But the sailboat captain knows that you need several ways to get to your destination when (not if) the winds change. Growing up, I sailed quite a bit on small boats so when my father, brother and I recently visited San Diego, I discovered a sailing experience that we will long remember. The America's Cup is the world's premier sailboat racing event.  The sailing vessel, Stars and Stripes 11 (pictured on both pictures on this page), competed successfully in the America's Cup in 1992 and now is available for public sailing.  The Stars and Stripes requires a crew of 6 plus 6 more passengers to work the sails, lines and grinders.  The sail-craft can accommodate up to 30 people on board. The best part is that the captain permits each passenger to pilot ...

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The Bible Belt takes it up a notch

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One aspect of Gallup's State of the States study is the importance of religion. Over 65% of all Americans say religion is an important part of their daily lives. As far as nations go, that's a pretty big number. "At least half of the residents of all but four states (Vermont, New Hampshire, Maine and Massachusetts) say religion is important in their daily lives." Forty-six states--including some notably liberal states--show that more than half of their residents affirm the importance of religion in their life. Granted, the study says "religion"--not a relationship with Jesus--so this doesn't necessarily connote Christian followership, but it is a reasonable assumption that Christianity comprises far and away the largest component. In a study several years ago, researchers at Notre Dame discovered that there are actually two Bible Belts. As best as I can recall, one of the belts runs from Lubbock, Texas to Atlanta, Georgia (along I-20), continuing north on I-95 to about Richmond, Virginia. The second be ...

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Making sense of cents in other countries

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Analogies really help learning. Jesus used parables. My pastor is a craftsman of illustrations. I'm a big fan of anything that can help folks (including me!) get a handle on complex ideas.

For instance, how do you help those of us in the U.S. understand the size of other countries? I saw this map that compares the Gross Domestic Product of other countries with individual states in the U.S.

For instance, New Jersey's state economy is about the size of Switzerland. Texas' state economy is about the same as India or Mexico. The California economy is about the same size as Canada.

Now, I don't think anyone will confuse Colorado for Thailand...or New York state for South Korea, but this analogy sure helps make world economics a lot easier to grasp for me.

Comments
  1. Re: America’s Most and Least Bible-Minded Cities

    Great Pics and the insane section ray ban sunglasses sale is always that people appear hence innocent...

    -- alaso

  2. Re: Helping Leaders Make Good Decisions In An Indecisive Time

    I think #4 is the key. In today's world it is more important than ever to be sensitive to when a strategy...

    -- Ben Armitage

  3. Re: America’s Most and Least Bible-Minded Cities

    Bible-Mindedness how is that defined?

    -- PastorKenT