Wednesday, December 16, 2015

Small Matters

My street cred awareness has been one of my biggest aha moments of this year.  I realized a few months ago, how I was fighting for credibility in areas where I had none (mindfulness, yoga) and this was not only with cold call prospects but among my closest friends and family.  I was constantly running into a lot of positive affirmation but not much follow through, although I would hear of follow through by them in other paradigms under the same intention.  Then it dawned on me, I had no credibility. 
For months I wrestled with this, trying to understand my reaction to it.  And then i realized thats what much of my life was about...chasing, or following paths in search for credibility. Everything needed a name.  Was at a dinner party and someone asked me what I do, and I realized how important it was for me to have an answer for that question.  Finally I said  - why do I need to be a specific thing.  Why should I spend much of time being busy doing this stuff that gives me credibility, when there is so much opportunity to partner with people around me on a day to day basis, helping them get from 0-10 as much as helping them get from -10-0.  Life always seem to be measured in what I might get paid for, or what i thought others saw as my label.  It was right around then when my Mom needed to goto NJ, and she was scheduled to take an Amtrak. And i thought to myself what am I thinking!!?? I put my plans for that day to the side and drove her up, and then came back.  Yes, I will need to do something to pay the bills, but my mantra has changed to partnering with people I know or meet along the way, doing whatever I can do. My choice these days is as Goethe said "Not the maker of plans and promises, but rather the one who offers faithful service in small matters.  This is the person who is most likely to achieve what is good and lasting"


Wednesday, November 25, 2015

CEO's can only do so much

In early October, NRG Energy capitulated to investor craving for short term gain.  NRG has successfully been leading the charge amongst traditional fossil fuel companies in implementing green energy portfolios'.  They have lead by example.  As CEO David Crane said to New York Times columnist Joe Nocera almost a year ago “It’s like Wayne Gretzky said,” he told me before hanging up the phone. “We are skating where the puck is going, rather than where it is now.”" Which is in fact the last time NRG was written about in the Times.
Investors being dissatisfied with NRGs stock price has put pressure on the company to divest its focus on the alternative energy and go back to what works now.  Coal powered plants.
In a time when polls and meta-analysis of news and opinion show that the majority of Americans are concerned about climate change, if not for the impact on our lives then definitely for our children's.  With the exception of some of the most conservative of republicans.  I doubt the latter constitute the majority of investors in NRG stock.  Which begs the question, why are we punishing a company for working so hard for the health of our future(thats us and the planet), even with promise of sustainable long term profit?  Based on the business trajectory of NRGs wind, solar and home solar business's it seems like a sure bet for a long term investment, as sure as any other business, including fossil fuels.
Alternative energy works now, just like Fords first assembly line car did when it drove out of the factory.
We need start putting our money where our principles are.  We need to start investing in our future not just talking about it.  Companies like NRG should be rewarded, not punished for working for our well being.
Let's pay attention to where the puck is going, and head in that direction!!!!

CEO's can only do so much

In early October, NRG Energy capitulated to investor craving for short term gain.  NRG has successfully been leading the charge amongst traditional fossil fuel companies in implementing green energy portfolios'.  They have lead by example.  As CEO David Crane said to New York Times columnist Joe Nocera almost a year ago “It’s like Wayne Gretzky said,” he told me before hanging up the phone. “We are skating where the puck is going, rather than where it is now.”" Which is in fact the last time NRG was written about in the Times.
Investors being dissatisfied with NRGs stock price has put pressure on the company to divest its focus on the alternative energy and go back to what works now.  Coal powered plants.
In a time when polls and meta-analysis of news and opinion show that the majority of Americans are concerned about climate change, if not for the impact on our lives then definitely for our children's.  With the exception of some of the most conservative of republicans.  I doubt the latter constitute the majority of investors in NRG stock.  Which begs the question, why are we punishing a company for working so hard for the health of our future(thats us and the planet), even with promise of sustainable long term profit?  Based on the business trajectory of NRGs wind, solar and home solar business's it seems like a sure bet for a long term investment, as sure as any other business, including fossil fuels.
Alternative energy works now, just like Fords first assembly line car did when it drove out of the factory.
We need start putting our money where our principles are.  We need to start investing in our future not just talking about it.  Companies like NRG should be rewarded, not punished for working for our well being.
Let's pay attention to where the puck is going, and head in that direction!!!!

Tuesday, November 24, 2015

It pays to care!

"The most conscious companies give more, and they get more in return. The inescapable conclusion: it pays to care, widely and deeply"

https://hbr.org/2013/04/companies-that-practice-conscious-capitalism-perform.html

It pays to care!

"The most conscious companies give more, and they get more in return. The inescapable conclusion: it pays to care, widely and deeply"

https://hbr.org/2013/04/companies-that-practice-conscious-capitalism-perform.html

Friday, November 20, 2015

"There are certain things we should not do, certain people we should not work for, lines we should not cross, conversations to which we should not descend, money we should not earn however easily it may come, and things we should not allow ourselves to be called in public" - David Whyte

Wednesday, November 18, 2015

It's not difficult, gentlemen, making the consumer enjoy their products



"Investing in product, investing in comfortable seats - it's not difficult, gentlemen, making the consumer enjoy their products."

Said by Emirates Airlines President Tim Clark to the major american airlines in response to their pressure on government to stifle Persian Gulf airlines.

This comment exemplifies the link between opportunity and compassion.  "Make the consumer enjoy their products".  "Comfortable seats"!!  

What do companies do with all their profit?
  
They recognize the profit only 4 times a year...when they release earnings.  The rest of the time out of  fear of not being able to meet those profit expectations, they say to themselves money is tight, and investments like employee benefits, and upgrading the subtleties of their consumers experience, don't seem necessary.

And in this case, they find ways to stifle their competition...a shortcut...an unsustainable strategy.  

Common gentlepeople - its not difficult! Just use the golden rule, when you goto sit in the proverbial seat wouldn't you be much happier if it was comfortable.  

Built it and they will come!




It's not difficult, gentlemen, making the consumer enjoy their products



"Investing in product, investing in comfortable seats - it's not difficult, gentlemen, making the consumer enjoy their products."

Said by Emirates Airlines President Tim Clark to the major american airlines in response to their pressure on government to stifle Persian Gulf airlines.

This comment exemplifies the link between opportunity and compassion.  "Make the consumer enjoy their products".  "Comfortable seats"!!  

What do companies do with all their profit?
  
They recognize the profit only 4 times a year...when they release earnings.  The rest of the time out of  fear of not being able to meet those profit expectations, they say to themselves money is tight, and investments like employee benefits, and upgrading the subtleties of their consumers experience, don't seem necessary.

And in this case, they find ways to stifle their competition...a shortcut...an unsustainable strategy.  

Common gentlepeople - its not difficult! Just use the golden rule, when you goto sit in the proverbial seat wouldn't you be much happier if it was comfortable.  

Built it and they will come!




Monday, November 16, 2015

Lets widen our net of Empathy

"It is not tolerable, it is not possible, that from so much death, so much sacrifice and ruin, so much heroism, a greater and better humanity shall not emerge." - Charles de Gaulle

I start with that quote because it's the first time since Friday that I've heard something that has made sense to me. I am left confused and with a lot of questions.

October 2 – 18 dead – suicide bomb – Nigeria
October 5 – 57 dead – car bomb - Bagdad, Iraq
October 10 – 102 dead – suicide bombs – Turkey
October 10 – 38 dead –suicide bombs –Chad
October 14 – 42 dead – suicide bomb – Nigeria
October 23 – 27 dead – bomb – Nigeria
October 23 – 22 dead – suicide bomb – Pakistan
October 31 – 224 dead – suspected airplane bomb – Egypt
November 12 – 43 dead – suicide bomb – Lebanon
November 13 – 19 dead – bomb – Bagdad, Iraq
November 13 – 137 dead – bomb/shooting – Paris

These are the attacks I could find in the last month and half where more then 15 civilians died – I left out the 100s that were injured.  It includes an attack the same day as Paris.

What's been niggling my mind is why Paris has taken center stage. Why haven’t we shown as much empathy, concern and solidarity with all the other civilians as they went about their daily life?

As I set up for a yoga class on Sunday, I heard someone behind me tell someone he had two friends killed at the concert. So is it that there are less degrees of separation between us and people in Paris?  Or is it that Paris is systematically closer to us? Or geographically closer (but not much)? 

Or is it that Parisians represent a similar ratio of race, religion and culture to us? Is our empathy racist?

Or maybe our empathy just has limitations. Maybe we only have a certain amount of empathy and save if for certain circumstances?

Granted that ubiquitous coverage of the Paris attacks leaves us little option but to pay attention, but I do think the scale of coverage represents something we ask for, not a pro-active decision by the media.

Perhaps our net of empathy is growing and in time it will find its way to the further corners and cultures of this planet. I mean not long ago, it would have taken days for the Paris news to get to us, and without the detail we might have cared less. There was also a time not long ago when this would have been a blip on the radar of death by humans. In fact in some of those far away places, violence is still taken for granted.  Do we take it for granted in those places just like the people who live there?

Im with De Gaulle! And I'll add, over half a century later that better humanity has emerged. As our net of empathy grows, the violence will continue to subside. 

And then one day as Carlos Santana sings “One day there will be no borders, no boundaries, no flags and no countries and the only passport will be the heart.”


Lets widen our net of Empathy

"It is not tolerable, it is not possible, that from so much death, so much sacrifice and ruin, so much heroism, a greater and better humanity shall not emerge." - Charles de Gaulle

I start with that quote because it's the first time since Friday that I've heard something that has made sense to me. I am left confused and with a lot of questions.

October 2 – 18 dead – suicide bomb – Nigeria
October 5 – 57 dead – car bomb - Bagdad, Iraq
October 10 – 102 dead – suicide bombs – Turkey
October 10 – 38 dead –suicide bombs –Chad
October 14 – 42 dead – suicide bomb – Nigeria
October 23 – 27 dead – bomb – Nigeria
October 23 – 22 dead – suicide bomb – Pakistan
October 31 – 224 dead – suspected airplane bomb – Egypt
November 12 – 43 dead – suicide bomb – Lebanon
November 13 – 19 dead – bomb – Bagdad, Iraq
November 13 – 137 dead – bomb/shooting – Paris

These are the attacks I could find in the last month and half where more then 15 civilians died – I left out the 100s that were injured.  It includes an attack the same day as Paris.

What's been niggling my mind is why Paris has taken center stage. Why haven’t we shown as much empathy, concern and solidarity with all the other civilians as they went about their daily life?

As I set up for a yoga class on Sunday, I heard someone behind me tell someone he had two friends killed at the concert. So is it that there are less degrees of separation between us and people in Paris?  Or is it that Paris is systematically closer to us? Or geographically closer (but not much)? 

Or is it that Parisians represent a similar ratio of race, religion and culture to us? Is our empathy racist?

Or maybe our empathy just has limitations. Maybe we only have a certain amount of empathy and save if for certain circumstances?

Granted that ubiquitous coverage of the Paris attacks leaves us little option but to pay attention, but I do think the scale of coverage represents something we ask for, not a pro-active decision by the media.

Perhaps our net of empathy is growing and in time it will find its way to the further corners and cultures of this planet. I mean not long ago, it would have taken days for the Paris news to get to us, and without the detail we might have cared less. There was also a time not long ago when this would have been a blip on the radar of death by humans. In fact in some of those far away places, violence is still taken for granted.  Do we take it for granted in those places just like the people who live there?

Im with De Gaulle! And I'll add, over half a century later that better humanity has emerged. As our net of empathy grows, the violence will continue to subside. 

And then one day as Carlos Santana sings “One day there will be no borders, no boundaries, no flags and no countries and the only passport will be the heart.”


Thursday, November 12, 2015

Aggregating Consciousness

This morning NPR had a piece centered around carbon offsets – http://www.npr.org/2015/11/12/455717415/npr-amazon-reporting-team-tries-to-offset-its-carbon-footprint– with the rhetorical question – Isn’t paying $50 to plant 18 trees to offset the carbon footprint of the flight you just took, like putting a bandaid on a bullet wound.
I listened as I drove north on the 101 toward Santa Barbara, with a clear view of 7-10 offshore oil rigs. My thoughts drifted to distaste as I thought of all the animals that are effected by the leakage, and then to the bigger picture of the eventual burning into the atmosphere of all that oil. Who do these people think they are? Don’t they know about climate change? Don’t they have compassion? Don’t they care about our future?
I always seem to have those same thoughts about the rigs while Im driving. I don’t know what I would do if I couldn’t drive places each day. I take it for granted, I depend on it, its convenient, its kind of great. This is why those rigs are in the channel. I can’t imagine the conversation about climate change changing, until I/we are willing to “Be the change”
We are not going to stop driving cars anytime soon, probably not until, cars have been replaced by something that hovers and is fueled by a flux capacitor.  But until that time we can at least be more attentive to SOURCE! Who makes the car?  Who drills for our fuel?  Do these companies have our best interests in mind, are they the ones trying to invent the flux capacitor?  Are they willing to forgo some revenue for the mission improving our well being and considering our future.
This morning I filled up at Sunoco, rather the Exxon across the road. It seemed like the lesser of two evils.  I need a new car, and not surprisingly there are some great deals on VW.  Im going to consider a Ford or a Toyota hybrid.  
Its this constant attention to source that will change the climate change conversation into climate change action.  
The power lies in the aggregation of regular marginal conscious decisions by billions of people!!!

Aggregating Consciousness

This morning NPR had a piece centered around carbon offsets – http://www.npr.org/2015/11/12/455717415/npr-amazon-reporting-team-tries-to-offset-its-carbon-footprint– with the rhetorical question – Isn’t paying $50 to plant 18 trees to offset the carbon footprint of the flight you just took, like putting a bandaid on a bullet wound.
I listened as I drove north on the 101 toward Santa Barbara, with a clear view of 7-10 offshore oil rigs. My thoughts drifted to distaste as I thought of all the animals that are effected by the leakage, and then to the bigger picture of the eventual burning into the atmosphere of all that oil. Who do these people think they are? Don’t they know about climate change? Don’t they have compassion? Don’t they care about our future?
I always seem to have those same thoughts about the rigs while Im driving. I don’t know what I would do if I couldn’t drive places each day. I take it for granted, I depend on it, its convenient, its kind of great. This is why those rigs are in the channel. I can’t imagine the conversation about climate change changing, until I/we are willing to “Be the change”
We are not going to stop driving cars anytime soon, probably not until, cars have been replaced by something that hovers and is fueled by a flux capacitor.  But until that time we can at least be more attentive to SOURCE! Who makes the car?  Who drills for our fuel?  Do these companies have our best interests in mind, are they the ones trying to invent the flux capacitor?  Are they willing to forgo some revenue for the mission improving our well being and considering our future.
This morning I filled up at Sunoco, rather the Exxon across the road. It seemed like the lesser of two evils.  I need a new car, and not surprisingly there are some great deals on VW.  Im going to consider a Ford or a Toyota hybrid.  
Its this constant attention to source that will change the climate change conversation into climate change action.  
The power lies in the aggregation of regular marginal conscious decisions by billions of people!!!

Tuesday, November 10, 2015

By gifts one makes slaves and by whips one makes dogs

Said by an Intuit hunter in response to being thanked for giving meat to a friend.
I am reminded of a blog post by a friend which talks about the different levels of giving.  Imagine ordering a coffee at your favorite coffee shop.  And when the barista turns away and no-one is looking you stuff $10 in the tip jar and walk away.  Thats the ultimate giving, anonymous, and you don't need to tell your friends how big of a tip you left.  At the other end of the spectrum is giving out of obligation like taxes and doing the dishes as Ronen writes.
How do we do business?  How do we conduct our personal relationships? How do we earn our money?  How do we give?
If it feels like a string of IOU's, think for a minute about all these questions from the perspective of an Inuit hunter or a level 4 giver....might we feel more human? might we be more prosperous?
Does the feeling of IOU or UOM hold us back from a more fluid business mission and life experience?

By gifts one makes slaves and by whips one makes dogs

Said by an Intuit hunter in response to being thanked for giving meat to a friend.
I am reminded of a blog post by a friend which talks about the different levels of giving.  Imagine ordering a coffee at your favorite coffee shop.  And when the barista turns away and no-one is looking you stuff $10 in the tip jar and walk away.  Thats the ultimate giving, anonymous, and you don't need to tell your friends how big of a tip you left.  At the other end of the spectrum is giving out of obligation like taxes and doing the dishes as Ronen writes.
How do we do business?  How do we conduct our personal relationships? How do we earn our money?  How do we give?
If it feels like a string of IOU's, think for a minute about all these questions from the perspective of an Inuit hunter or a level 4 giver....might we feel more human? might we be more prosperous?
Does the feeling of IOU or UOM hold us back from a more fluid business mission and life experience?

Thursday, October 22, 2015

A lesson from VW

“By 2018, we want to take our group to the very top of the global car industry,” said the Volkswagen CEO four years ago.
 For social and environmental investors or for that matter for all investors that should have been a red flag. A month ago it was discovered that VW knowingly rigged their emissions control system. So they lied and they were environmentally irresponsible. Their intention of being the number one car -maker prevailed, and so then did short cuts and cover-ups. Hundreds of thousands if not millions of investors, customers and employees have been negatively impacted. The fall-out is still uncertain, there is talk that the German economy may suffer as well
 The intended goal of “building the best possible product for our customers, and working toward the most efficient fuel efficient technology” an admirable goal in itself, became just glossy presentation on the road to number one. Sustainable profit requires sustainable practices and fostering sustainable resources.
 “It takes 20 years to build a reputation and five minutes to ruin it.” – says Warren Buffet.
 The lesson we learn is that setting goals that are not directly correlated to the greater good is not productive. The greater good will always prevail; it’s in our nature.
 P.S. The science of this can be found all over the internet. Firms of Endearment (click on the “performance tab”) is one example.

A lesson from VW

“By 2018, we want to take our group to the very top of the global car industry,” said the Volkswagen CEO four years ago.
 For social and environmental investors or for that matter for all investors that should have been a red flag. A month ago it was discovered that VW knowingly rigged their emissions control system. So they lied and they were environmentally irresponsible. Their intention of being the number one car -maker prevailed, and so then did short cuts and cover-ups. Hundreds of thousands if not millions of investors, customers and employees have been negatively impacted. The fall-out is still uncertain, there is talk that the German economy may suffer as well
 The intended goal of “building the best possible product for our customers, and working toward the most efficient fuel efficient technology” an admirable goal in itself, became just glossy presentation on the road to number one. Sustainable profit requires sustainable practices and fostering sustainable resources.
 “It takes 20 years to build a reputation and five minutes to ruin it.” – says Warren Buffet.
 The lesson we learn is that setting goals that are not directly correlated to the greater good is not productive. The greater good will always prevail; it’s in our nature.
 P.S. The science of this can be found all over the internet. Firms of Endearment (click on the “performance tab”) is one example.

Monday, October 12, 2015

Its all about the Team!



“Coming together is beginning; keeping together is progress; working together is success.” —Henry Ford
This week I heard someone saying that they are struggling with employee satisfaction/engagement, and then they changed the subject and talked about how they are trying to decide whether or not to buy another company for $100million. The two situations seemed to be unrelated in their mind.
I can't say that I can relate to the pressures and nuances of the c-suite although at one point in my life I was responsible for 60 employees, and a $2 million budget, which pales in comparison to what most of the influential corporate decision makers have on their hands. But, if I remember correctly the emphasis on spending money outside of salary is marketing and product development. Mostly,  salaries are seen as a financial burden, while money for developing new products and selling them is a bottomless well.
Isn't a company not very different from a sports team. Aren't the players the most important component? Without productive, fulfilled players, spectators don't show up.  
Companies that have figured this out are thriving. The old school style of management, which treats employees like a commodity, is going the way of the Dodo, and so will leaders who don’t shift their priority to building and fostering a strong team.
Does it really make sense to consider a multi million acquisition, when your team is not fulfilled and thriving? Why not spend that money to built an elite team. Not necessarily an increase in salary, but specialized training, career path enhancement, services and reduced work load.  Think improving employee well-being. It's not until the employees are fully engaged and on board with the mission, will the mission succeed. Only then should client interests and shareholder demands be considered. It should be a corporate leader's job to make the clients and shareholders realize that it's in their best interest to have engaged employees. Is that not an executive’s fiduciary responsibility?
“A good objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better” – Jim Rohn

Its all about the Team!



“Coming together is beginning; keeping together is progress; working together is success.” —Henry Ford
This week I heard someone saying that they are struggling with employee satisfaction/engagement, and then they changed the subject and talked about how they are trying to decide whether or not to buy another company for $100million. The two situations seemed to be unrelated in their mind.
I can't say that I can relate to the pressures and nuances of the c-suite although at one point in my life I was responsible for 60 employees, and a $2 million budget, which pales in comparison to what most of the influential corporate decision makers have on their hands. But, if I remember correctly the emphasis on spending money outside of salary is marketing and product development. Mostly,  salaries are seen as a financial burden, while money for developing new products and selling them is a bottomless well.
Isn't a company not very different from a sports team. Aren't the players the most important component? Without productive, fulfilled players, spectators don't show up.  
Companies that have figured this out are thriving. The old school style of management, which treats employees like a commodity, is going the way of the Dodo, and so will leaders who don’t shift their priority to building and fostering a strong team.
Does it really make sense to consider a multi million acquisition, when your team is not fulfilled and thriving? Why not spend that money to built an elite team. Not necessarily an increase in salary, but specialized training, career path enhancement, services and reduced work load.  Think improving employee well-being. It's not until the employees are fully engaged and on board with the mission, will the mission succeed. Only then should client interests and shareholder demands be considered. It should be a corporate leader's job to make the clients and shareholders realize that it's in their best interest to have engaged employees. Is that not an executive’s fiduciary responsibility?
“A good objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better” – Jim Rohn