Annual Performance Reviews Are Morale Killers

An interesting perspective is probed in the article below: the concept that annual performance reviews may be detrimental to a company. This annual walk-on-coals may actually do more to kill productivity and morale, than it brings to the company in review benefit. Sure, feedback is necessary. But management, like driving a car, is best done with a light hand: slight continual adjustments, rather...

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Either, either, neither, neither; let’s call the whole thing off.

Just for fun: If you are interested in linguistics and dialects, as in that 1937 Gershwin tune, you may like this article: It’s written by a Harvard professor, Bert Vaux (and former student, now at MIT), who has studied and mapped dialects in various geographic areas — a personal lifelong interest. There are many interesting examples such as the simple #1, pronunciation of...

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Solving the problem right requires a right understanding of the problem.

For those who track the Consulting area of this blog, this is another article addressing good management. I love the quote at the article outset from Einstein: laying out the priorities that understanding a problem correctly is foundational to solving it correctly. Read at least the partial article here:   Are You Solving the Right Problem? Harvard Business Review by Dwayne Spradlin “If I were...

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Republicans and Democrats neurologically process differently.

The attached article is fascinating. It turns out that, with a very high degree of correlation, our brains process very differently as Democrats or Republicans. Very different behavioral brain areas are used. In my own description, Democrats predominantly use an area that is self and community aware; and Republicans, danger aware.I personally see common ground here. Which of us doesn’t...

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QE2, Will it work?

QE2, Will it work?

The recent FED decision to implement Quantitative Easing 2 (QE2) is controversial. The obvious question is, “Will it work?” Issues concerning national and global economies are complex, I make no bones about that. The hardest course I ever took as an Economics major was “Money, Credit & Banking.” But also the most illuminating. But to the point? Will this $600 billion...

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Breaking news: Senate bill passes, loosening money.

Breaking news: Senate bill passes, loosening money.

In what is breaking news for the Finance world, the Senate yesterday passed a bill that will be very advantageous for the lending environment: A raising of the limits on SBA loans, and some other things. This is significant, as it increases the amount with which the government is willing to guarantee certain loans. It is these specific guarantees that will now incent the banks to lend again...

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Breakout coming soon. Direction?

Breakout coming soon. Direction?

For the past month, bonds have been trading in a relatively narrow range: between 3.13 and 3.42%, with the average being 3.26%. In technical trading, this is known as a convergence: In short, when any investment trades in a narrower and narrower range, it will shortly break out significantly to either one side or the other — kind of like a trigger mechanism that gets more and more fragile...

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