7/18/07: a Midweek Look at the Business Blogs
Here's my midweek look at the business blogs. I'm pointing you to posts on getting enough sleep, passion and leadership, reward systems, the boss and the real boss, and what makes Costco work.
From Brain Based Business: Pay Back Your Debt to Sleep - Researchers Warn
"In Harvard Health Publications I was intrigued by the study countering the effects of chronic sleep loss. Surprisingly more than 60% of us don’t sleep the brain’s required seven to nine hours of sleep per night. So what do we do? "
From Disorganizational Behavior: Passion and Leadership
"How many people get promoted to a position of leadership, and yet don't enjoy leading people? An individual works his way up the corporate ladder, lands a management position, and realizes that he absolutely hates managing and leading others. Now, how many people actually leave that position and go back to their old roles, and how many stay in the position just for the money, despite all of the problems they bring on to themselves and others."
From Evil HR Lady: Rewards Systems
"One of the things that HR is responsible for is implementing rewards systems. We want to reward good behavior and extinguish bad behavior. We implement Balanced Scorecards and pay for performance. We encourage managers to set goals for their employees and then rate them accordingly. But, what if, rather inadvertently, our rewards system punishes the wrong employees? "
From Fast Company: Leadership: The Boss and the Real Boss
"What is interesting about my family is that we have all been given the same "bossy" gene. It skipped no one and each one of us is just as confident about his or her "rightness" as the next one. This year, nine of us traveled, and as usual, we stopped in Niagara on the Lake for the first night. My 10-year old son and his 17 and 14-year-old cousins, already fed up with the grown-up's bickering over the best route to the cottage, went into town, "to walk down the street of the last civilization they will see for a week." They are very dramatic! When they returned, they brought us a gift. It was two hats - one said THE BOSS and the other said THE REAL BOSS. They explained that every night at dinner we would designate a Boss and a Real Boss for the next day. The Boss would make the plan and if any disagreement or dissent erupted, then the Real Boss would step in to have the final word. Interesting."
From 37 Signals: Five Business Lessons from Costco
"How Costco Became the Anti-Wal-Mart explores the interesting formula for success that CEO Jim Sinegal has implemented at the nation’s fifth-largest retailer: Sell a limited number of items, keep costs down, rely on high volume, pay workers well, have customers buy memberships and aim for upscale shoppers, especially small-business owners. In addition, don’t advertise – that saves 2 percent a year in costs. 5 lessons revealed in the article:"
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