Pivot -- n; a person or thing upon which progress, success, etc. depends -- World English Dictionary
A story is told about Charles Francis Adams, a 19th century political figure. He kept a diary and one day his entry read: “Went fishing with my son today -- a day wasted.” His son, Brook Adams, also kept a diary. His entry was far different than that of his father. His read: “Went fishing with my father -- the most wonderful day of my life!” The father thought he was wasting his time while fishing with his son, but the son saw it as an investment of time.
The illustration reminds us how our perceptions shape our reality. What the father perceived to be a waste of time was perceived in a totally different light by his son. It also reminds us of the importance of leadership. Leaders come in many stripes and styles and each possess their own unique approach. In short, leadership development is a work in progress.
As the dust starts to settle on the massive destruction left by Hurricane Sandy, along with the tragic human cost, rational thought process has many of us pondering the macro effect. We really won’t know the exact impact on the United States economy until well into 2013 and, even now, the general consensus by and large is mixed at best with strong opinions on both sides of the spectrum.
With such unique events, the true question is how the full extent of the disruptions can be quantified while reviewing the various types of damage and duration of disruptions to various activities that result in economic impact. For starters, one would have to consider the cost impact to insurance companies as the rebuilding process takes place and this will be costly -- very costly.
A story is told of the Duke of Wellington, the British military leader who defeated Napoleon at Waterloo, and how he was not an easy man to serve under. He was brilliant, demanding, and not one to shower his subordinates with compliments.
Yet even Wellington realized his methods left something to be desired. In his old age, a young lady asked him what, if anything, he would do differently if he had his life to live over again. Wellington thought for a moment, and then replied, “I’d give more praise.”
As you evaluate your leadership style and your daily opportunities to add value to the lives of those around you, are you taking advantage of the openings presented to you to make that difference? Here are five leadership statements that should never be left unsaid.
“Great job” -- A leader comfortable in his own skin has no problem giving credit where it is due, and recognizing the work of team members who make success possible. The withholding of praise or encouragement is detrimental to the morale of the team and creates negative energy.
On vacation, it's easy to let our daily routines go to the wayside. We enjoy eating at nice restaurants, being waited on, and having access to the luxuries we don't normally get in our daily life. All of that is fine. But it’s nice to know that the hotels you are staying at are taking steps to protect our environment. If this is an important matter to you when vacationing, here are some suggestions of hotels that do make the effort and are continually looking for ways to make their hotel eco-friendly.
The World Bank suggests that if the United States fiscal cliff is not averted it would reduce U.S. growth by 2.2 percent and global growth by 1 percent. It does not stop there as the World Bank also mentioned that we could see a 5 percent decline in U.S. import volumes, a 6 percent decline in oil prices, a 2 percent drop in metal prices, and a 1 percent drop in food commodity prices.
The stakes are high and the world would be the victim should the Republicans and Democrats not come to a solution regarding our debt. U.S. citizens, regardless of party affiliation, want to see progress. Anything short of that would cost us dearly -- to avoid solving this problem head-on could cause a ripple effect impacting real GDP of high income and developing countries in 2013. Not to mention this would again paint the U.S. as the 400-pound gorilla who can’t climb a tree to find its supper.