Monday, April 30, 2012
Friday, April 27, 2012
Quoted: Churchill on Strategy
“However beautiful your strategy, you
should occasionally look at the results.” – Winston Churchill
Strategy is a
means to an end. However, a
strategy without a clear vision for what the end game is can lead you to an
endless path of doing things that give you no satisfaction. That would be like
running in a race without ever knowing where the finish line is. It would be
impossible to know if you were running at the correct pace. In your mind, you
may think you are winning because you are running at a great pace for the
100-meter dash, except the race is 1 mile. Most likely, your strategy will not
take you the distance.
Monday, April 23, 2012
Is Wal-Mart Becoming Its Own Worst Enemy?
(Via FrumForum) |
There are
allegations that the Mexican division of Wal-Mart gave bribes to Mexican government
officials and other people connected with Wal-Mart de Mexico’s incredible
ability to secure permits quickly. The whole story is so convoluted that is
sounds like a mystery soap opera.
In September 2005, a
senior lawyer at Wal-Mart received an email from a former executive of Wal-Mart
de Mexico. The former executive accused Wal-Mart de Mexico executives of paying
bribes to a number of officials to speed up the process of securing permits to
open new stores. He stated that he was an attorney for Wal-Mart de Mexico in
charge of securing construction permits.
Wal-Mart corporate
sent in investigators. They found a paper trail of bribes totaling $24 million.
Furthermore, it was found that Wal-Mart de Mexico executives knew about the
bribes and made a concerted effort to keep them hidden from corporate. The
findings were so unbelievable that Wal-Mart hired a former FBI special agent to
validate the findings. After his preliminary findings, he suggested the
investigation be expanded. Much to his dismay the investigation was shut down
and some of the executives in question were promoted.
One of the biggest
concerns was that Wal-Mart did not call the appropriate authorities to
investigate wrongdoing. Some assert this was done because Wal-Mart de Mexico is
such a success story.
Approximately 20% of all Wal-Mart stores are in Mexico. Of Wal-Mart’s
2.1 million employees, 209,000 are in Mexico. In fact, Wal-Mart de Mexico is
one of the most profitable and the largest foreign subsidiary.
The CEO of Wal-Mart
de Mexico, Eduardo Castro-Wright, during the time of the allegations is said to
be brilliant. He was seen as the possible successor to CEO corporate.
However, this story
hit the New York Times. The Times
interviewed the former lawyer who originally reported the allegations, Sergio
Cicero Zapata.
Mr. Cicero said that
before the case was shut down, several parties were brought in to investigate
the allegations. Mr. Cicero stated to those investigators that his job was to
make payments to lawyers that are called “gestures”. In turn, those lawyers took the money to the appropriate
government officials, environmental inspectors or building code officials as
bribes.
After further
investigations, it was found that Mr. Cicero’s wife was a lawyer for one of the
gestures. He denied it.
As investigators
attempted to dig deeper, they were blocked by the executives being implicated.
For some reason, the executives defended themselves adamantly and were allowed
to be part of the investigation. As a result, investigators started to resign
or were told they were no longer needed.
To this day, it is
unclear as to the validity of Mr. Cicero’s allegations. The executives of
Wal-Mart de Mexico were finally given the right to take charge of the
investigation. They claimed there was no evidence of wrongdoing. They stated
that gestures are a legitimate part of doing business in Mexico, especially in
real estate. They defended their position and completely discredited Mr.
Cicero.
With so much being
hidden at such a large monster like Wal-Mart, you have to wonder if their only
enemy is themselves. Their success is what can undo them from the inside.
Thursday, April 19, 2012
Quoted: Einstein's Fantasy
“When I examine myself and my methods of thought, I come close to the conclusion that the gift of fantasy has meant more to me than my talent for absorbing absolute knowledge.” – Albert Einstein
While most people may imagine that Einstein was very scholarly and focused on studying concrete numbers and science, his quote sends a very different message.
Monday, April 16, 2012
What's Important To You?
In the mid ‘90s, one
of my clients had a jar filled with candy. Inside of each candy wrapper, there
was a saying. I chose one that asked, “If you lost everything you had, what
would you have?” My response was “I would have everything. As long as I have
myself, I have all that I need and I can rebuild my life with who I am”.
In 1996, I gave away
everything I owned, my car, house and even a decent amount of money. I unloaded
everything to fulfill a childhood promise I made to myself. I was leaving the
US to live abroad.
Monday, April 9, 2012
What Language Do You Speak?
When I say language,
my reference has nothing to do with English, Spanish or Chinese. I am asking
you if you know if you speak the language of success or excuses. I am also
asking you to consider the language you use when you are thinking, or speaking
to yourself.
I am asking, “What
do you language?” Your language is in your words, your tone, your appearance,
the way you get things done and the movement of your body. Those are ways to
language in the world. Do you really hear what you say when you encounter
problems? How do you move? Do you language negatively when you encounter
something that is considered great?
Thursday, April 5, 2012
Quoted: George Bernard Shaw on Blaming the Circumstances
It’s amazing how each of us creates an identity. The identity we create has a body of knowledge and experiences that we depend on. As a result, the identity functions on automatic and helps us survive in this world. If you observe, you have a particular response to situations given the stimulus.
In other words, who we are has gotten us to where we are. When we encounter circumstances we like, we are happy. When we are faced with what we don’t like, we fight, take flight or freeze. The identity we have predetermines our actions. And it is difficult to see it is our identity that is driving our thoughts and actions.
This same identity that guides us may also trap us. We believe the identity we have is the right one and it protects us. Without question, it has gotten us to where we are. Yet, our response to stimulus is so predictable that we can’t see the possibility of completely new ways of thinking and doing things.
However, those who clearly see what they want in life understand they must become someone else to get there. More importantly, they will modify the environment, and in some cases, they will creatively destroy the environment, to create the circumstances that will support their goals.
Creative destruction is not as painful as it sounds. It requires you let go of limiting beliefs that were given to you by the environment you were born into. That may mean letting go of relationships and objects that represent the past.
Go ahead! Lighten your load and move into the circumstances you desire.
Tuesday, April 3, 2012
What's Your Combination?
The Wall Street Journal recently published an article called Employees, Measure Yourselves (April 2nd, 2012 section R1). The article talked about devices that companies could make available to employees. These devices allow workers to monitor their performance, from their heart rate after a stressful meeting to how long they spend chatting on Facebook.
The article mentioned that this is not an opportunity for employers to play big brother. Already, many organizations monitor employee productivity by keeping track of what sites they visit and how much time is spent on each one.
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