3/22/11
3/21/11
Economic, Social and Geopolitical
The Great Disruption is here for real...
The supply lines of essential goods and services being disrupted calls for building to return vital work to the United States.
The current economic crisis that technically began in 2007 is referred by many as the Great Disruption. The original assumption was underlying the obvious economic problems of real estate, highly leveraged debt coupled with unemployment, that technology and the internet fundamentally changed communications and the channels that business was conducted. It seems that definition of disruption was too limiting, we now have far larger disruptions as examples, although the underlying one facilitated the current disintegrations.
This weekend GM announced that they were suspending all "nonessential" spending and "unnecessary travel" while they assess the impact of the crisis in Japan. In doing that they were telegraphing more than just their company's reaction to what is a world crisis, which is greater than the powerful impact of Japan's earthquakes, tsunami and nuclear problems. It actually signals a very real parts supply problem that this crisis portends. GM is merely the speaker that blasts the sirens for the difficulties other companies face and amplifies the fundamental flaw in the "just in time" supply model lauded by the MBA Business Culture.
It isn't limited to automobile manufacturing, just as importantly it impacts our technology dependent economy in entirety. Much of what we need to keep our internet based technology and telecommunications systems infrastructure going relies on Japanese manufacturing and shipments in one way or another. In a terrible event that is a classic example of the "broken window fallacy," it is very likely it will be a number of years before Japan is fully back up to speed. There is every reason to think the resolute Japanese people will successfully rebuild, but what they have is mostly gone, rebuilding destruction is not a path to building an economy.
We ought to be considering now in the US gearing up our own manufacturing abilities in order to keep what we have going. At least we should be doing that and learning a valuable lesson from outsourcing and offshoring the manufacturing of necessary products. It is an opportunity to build on what we have. At this moment I know of two specific examples of major facilities that have computer server problems they are working around, since the parts they need are not available and can't be shipped from Japan. For the time being they are able to operate with a "jerry-rigged" resolution and manual intervention. That can only last so long and it seems obvious those local examples are not unusual and going to repeat in other situations.
Another weekend event that is just as serious, if not more so since resolution is not imminent, is the bombing of Libya by Britain, France and the US. The Libyan oil fields have been destroyed and the economic disruption, besides the turmoil and human toll, cannot be underestimated. Essentially this action cuts off the main oil supplies to Europe, which in turns put the squeeze on the rest of the world's demand for oil. Not the least of which is Japan, which will need more oil now due to neutered nuclear production of energy.
While that story holds the attention of the front pages, there are still problems in the Arab world that are unsettling and irresolute. The Jasmine Revolution continues. Yemen and Syria are in turmoil and the people of Bahrain and Saudi Arabia are not appeased by the offers of their governments. Additionally Iran has cracked down on "web revolutionaries" and Afghanistan, Pakistan and Iraq are still open questions. India has problems the western media doesn't seem to want to report on but ultimately their ability to provide services is threatened by social class and business-political quandaries. Who knows what China and Russia will do in this mix?
If there is anything I have learned from studying history, I do not believe it is a stretch to state that the destructive bombing of Libya won't stop the contagion of unrest in the Middle East. There is simple truth in Santayana's oft misquoted "Those who cannot learn from history are doomed to repeat it." Alongside that is another simple axiomatic truth, it takes three overlapping generations to relearn the lessons of history. It appears we are not paying much attention to learning the history of long standing troubles throughout time in the Middle East.
Regardless of how the bombing of Libya turns out, by the end of the week it should be clear that vital supply lines of essential goods and commodities have been severely disrupted for a lengthy time. Just as we thought 2010 was a respite and that some underlying fundamentals of the economy were making slow improvements, we now have distinct manifestations of disruption with deep economic impact. That is a call for action; now is the time to build in the US to avert future dependence. Although the elemental foundations of commercial and financial spheres have been rocked further, times of difficulty usually bring out the best ability of Americans to rise above and overcome adversity. Actually, we have a long history of it.
The supply lines of essential goods and services being disrupted calls for building to return vital work to the United States.
The current economic crisis that technically began in 2007 is referred by many as the Great Disruption. The original assumption was underlying the obvious economic problems of real estate, highly leveraged debt coupled with unemployment, that technology and the internet fundamentally changed communications and the channels that business was conducted. It seems that definition of disruption was too limiting, we now have far larger disruptions as examples, although the underlying one facilitated the current disintegrations.
This weekend GM announced that they were suspending all "nonessential" spending and "unnecessary travel" while they assess the impact of the crisis in Japan. In doing that they were telegraphing more than just their company's reaction to what is a world crisis, which is greater than the powerful impact of Japan's earthquakes, tsunami and nuclear problems. It actually signals a very real parts supply problem that this crisis portends. GM is merely the speaker that blasts the sirens for the difficulties other companies face and amplifies the fundamental flaw in the "just in time" supply model lauded by the MBA Business Culture.
It isn't limited to automobile manufacturing, just as importantly it impacts our technology dependent economy in entirety. Much of what we need to keep our internet based technology and telecommunications systems infrastructure going relies on Japanese manufacturing and shipments in one way or another. In a terrible event that is a classic example of the "broken window fallacy," it is very likely it will be a number of years before Japan is fully back up to speed. There is every reason to think the resolute Japanese people will successfully rebuild, but what they have is mostly gone, rebuilding destruction is not a path to building an economy.
We ought to be considering now in the US gearing up our own manufacturing abilities in order to keep what we have going. At least we should be doing that and learning a valuable lesson from outsourcing and offshoring the manufacturing of necessary products. It is an opportunity to build on what we have. At this moment I know of two specific examples of major facilities that have computer server problems they are working around, since the parts they need are not available and can't be shipped from Japan. For the time being they are able to operate with a "jerry-rigged" resolution and manual intervention. That can only last so long and it seems obvious those local examples are not unusual and going to repeat in other situations.
Another weekend event that is just as serious, if not more so since resolution is not imminent, is the bombing of Libya by Britain, France and the US. The Libyan oil fields have been destroyed and the economic disruption, besides the turmoil and human toll, cannot be underestimated. Essentially this action cuts off the main oil supplies to Europe, which in turns put the squeeze on the rest of the world's demand for oil. Not the least of which is Japan, which will need more oil now due to neutered nuclear production of energy.
While that story holds the attention of the front pages, there are still problems in the Arab world that are unsettling and irresolute. The Jasmine Revolution continues. Yemen and Syria are in turmoil and the people of Bahrain and Saudi Arabia are not appeased by the offers of their governments. Additionally Iran has cracked down on "web revolutionaries" and Afghanistan, Pakistan and Iraq are still open questions. India has problems the western media doesn't seem to want to report on but ultimately their ability to provide services is threatened by social class and business-political quandaries. Who knows what China and Russia will do in this mix?
If there is anything I have learned from studying history, I do not believe it is a stretch to state that the destructive bombing of Libya won't stop the contagion of unrest in the Middle East. There is simple truth in Santayana's oft misquoted "Those who cannot learn from history are doomed to repeat it." Alongside that is another simple axiomatic truth, it takes three overlapping generations to relearn the lessons of history. It appears we are not paying much attention to learning the history of long standing troubles throughout time in the Middle East.
Regardless of how the bombing of Libya turns out, by the end of the week it should be clear that vital supply lines of essential goods and commodities have been severely disrupted for a lengthy time. Just as we thought 2010 was a respite and that some underlying fundamentals of the economy were making slow improvements, we now have distinct manifestations of disruption with deep economic impact. That is a call for action; now is the time to build in the US to avert future dependence. Although the elemental foundations of commercial and financial spheres have been rocked further, times of difficulty usually bring out the best ability of Americans to rise above and overcome adversity. Actually, we have a long history of it.
3/19/11
3/18/11
Quality
Give a little extra...
Use building blocks to become a cornerstone at work.
It's called "value added" in the marketing world but in the working world it is being the "valuable additive." What that means is no matter what job you have, do a little extra, more than what is required, grease the wheel to make it stop squeaking without being asked. Even more importantly don't be the squeaky wheel that always needs to be oiled to get you to do the basic job. Do quality work. Be friendly and amiable to everyone, which doesn't mean you have to like them or be overly nice, people see right through that. Sometimes you won't feel like it and have bad days. If you are consistently congenial, then when occasionally grumpy or not having a good day, it is the exception and not the rule. When you make a mistake, own up to it, fix it and learn from it, apologizing goes a long way.
There is nothing wrong with being helpful to your supervisor, if they want it or you see they need someone to lend a hand. Be respectful to them, even if sometimes they don't always return the favor, you might be surprised to find that one day they will in an unexpected way. It's not being a bootlicker but common decency, at the same time don't be an apple-polisher either. It's not hard to be a regular person who offers an element of value without working too hard at it. When you offer something additional to what is required you're becoming a cornerstone of the place where you work. A cornerstone is part of the foundation that makes you vital to the operation of your workplace and difficult to replace in tangible and intangible ways.
The reasons are twofold. The first is it will improve your job satisfaction, no matter how ordinary that job might seem to the larger world, work will be a challenge not a chore. The second is it will also make you more beneficial to your boss and employer in a way they may not quite fully understand until something happens you can resolve. They're likely to realize that you're offering something that others don't and that alone is enough to keep you. If the time should come when choices have to be made regarding who stays and who goes, you will be one of those that stay and the person who does the minimum required, squeaks a lot and when given an inch takes a mile, will be gone.
In this world of high unemployment, companies need people who not only can do the work but also add to that work. There are two skills involved in any type of employment: the skills of doing the actual work itself and more, plus the skills of getting along with other people. In that sense, no matter your line of work, everyone is in customer service.
"No employer ever wants to see an employee with his hands in his pockets." Mike's father.
Mike, who blogs at rock and confusion and video blogs on his YouTube 7anby channel, in this video offers a great perspective on this topic. His thoughts were inspiration for this blog.
Hassle-Free Work
Use building blocks to become a cornerstone at work.
It's called "value added" in the marketing world but in the working world it is being the "valuable additive." What that means is no matter what job you have, do a little extra, more than what is required, grease the wheel to make it stop squeaking without being asked. Even more importantly don't be the squeaky wheel that always needs to be oiled to get you to do the basic job. Do quality work. Be friendly and amiable to everyone, which doesn't mean you have to like them or be overly nice, people see right through that. Sometimes you won't feel like it and have bad days. If you are consistently congenial, then when occasionally grumpy or not having a good day, it is the exception and not the rule. When you make a mistake, own up to it, fix it and learn from it, apologizing goes a long way.
There is nothing wrong with being helpful to your supervisor, if they want it or you see they need someone to lend a hand. Be respectful to them, even if sometimes they don't always return the favor, you might be surprised to find that one day they will in an unexpected way. It's not being a bootlicker but common decency, at the same time don't be an apple-polisher either. It's not hard to be a regular person who offers an element of value without working too hard at it. When you offer something additional to what is required you're becoming a cornerstone of the place where you work. A cornerstone is part of the foundation that makes you vital to the operation of your workplace and difficult to replace in tangible and intangible ways.
The reasons are twofold. The first is it will improve your job satisfaction, no matter how ordinary that job might seem to the larger world, work will be a challenge not a chore. The second is it will also make you more beneficial to your boss and employer in a way they may not quite fully understand until something happens you can resolve. They're likely to realize that you're offering something that others don't and that alone is enough to keep you. If the time should come when choices have to be made regarding who stays and who goes, you will be one of those that stay and the person who does the minimum required, squeaks a lot and when given an inch takes a mile, will be gone.
In this world of high unemployment, companies need people who not only can do the work but also add to that work. There are two skills involved in any type of employment: the skills of doing the actual work itself and more, plus the skills of getting along with other people. In that sense, no matter your line of work, everyone is in customer service.
"No employer ever wants to see an employee with his hands in his pockets." Mike's father.
Mike, who blogs at rock and confusion and video blogs on his YouTube 7anby channel, in this video offers a great perspective on this topic. His thoughts were inspiration for this blog.
Hassle-Free Work
3/17/11
You Can Quote Me On That
Misplaced loyalty...
If you work for any company, no matter the size, don't love the company because it won't love you back, if you do your loyalty is displaced. Your ultimate responsibility is yourself, family and friends. Work is a source of income and even though it can be rewarding it is not a support network. There are few exclusions to this, perhaps a small family owned business is an exception to this rule.
Always keep in mind you work for a business where the main intent is to make a profit. This doesn't mean that there aren't some companies who do really attempt to keep their employees satisfied, pay a decent wage, try to do the right thing by those that produce for them. It's a fact of free enterprise though that when times are tough, difficult choices sometimes have to be made. The owners, operators, stakeholders have to make decisions based on their fiduciary duty to the company and not to the people who work there.
To preserve your integrity and work ethic you should always do a good job but thinking of yourself as a free-agent, allows you to also maintain your dignity and independence as a person. You can respect the company you work for but that doesn't mean they have an obligation to not make a change in your employment.
If you work for any company, no matter the size, don't love the company because it won't love you back, if you do your loyalty is displaced. Your ultimate responsibility is yourself, family and friends. Work is a source of income and even though it can be rewarding it is not a support network. There are few exclusions to this, perhaps a small family owned business is an exception to this rule.
Always keep in mind you work for a business where the main intent is to make a profit. This doesn't mean that there aren't some companies who do really attempt to keep their employees satisfied, pay a decent wage, try to do the right thing by those that produce for them. It's a fact of free enterprise though that when times are tough, difficult choices sometimes have to be made. The owners, operators, stakeholders have to make decisions based on their fiduciary duty to the company and not to the people who work there.
To preserve your integrity and work ethic you should always do a good job but thinking of yourself as a free-agent, allows you to also maintain your dignity and independence as a person. You can respect the company you work for but that doesn't mean they have an obligation to not make a change in your employment.
3/16/11
Thinking Out Loud
Working for yourself...
Even if you have an employer who doesn't appreciate you.
There are careers, jobs, employment and being an entrepreneur with your own business. Not everyone is able to have their own business and run it themselves, some people have careers, but most people have jobs and are employed.
Careers and jobs can be enjoyable and fun and others can simply be employment. With employment your employer only cares that you show up, do what you're told and discourages any independent thinking or initiative. Those jobs are harder when there are also difficult people to deal with daily. I held one once for well over a decade during a previous bad economic era, as soon as I was able, I left it. While doing that job though, I learned as much as I could even though my employer discouraged it, as well as during my time off I earned formal education and did things I enjoyed doing. Most importantly I figured out how to handle being around difficult people.
During this challenging economic period, many people are enduring careers and jobs they would like to get out of but aren't able to due to current conditions. If that is the case, then the best option is challenging yourself to learn as much as you can from that job, which may not necessarily be the skills of the job itself, but other self-development accomplishments such as dealing and coping with problematic people. Additionally also taking the time to learn something else outside of that work to improve your chances for better opportunities in the future. It is difficult, I know. I never thought my work era between 1978 and 1983 would ever end in anything positive. In 1993, ten years after I had left, I had the perspective to look back and appreciate how much the extracurricular work I had done decades prior had paid off. I also recognized that the coping skills and ability to deal with unpleasant people went a long way and were lessons for life.
Coping mechanisms are the key to the door to get what you want.
Right now I have a job that has potential to become a career. I like what I do very much and the people I work with, the one exception is a difficult manager. There's really no other way to state it: she's cranky, irritable, hypercritical and never gives praise; she finds everything that is wrong and nothing that is right. I don't believe she's a mean person, she does have good qualities and for brief periods of time she can be somewhat pleasant. My peers feel the same way as I do about her, therefore I know it's not a personal thing with me.
There are days when it is hard for me to take, especially since I do like the work itself, what I'm learning from it and the potential for growth. It's an exercise in not only learning a new line of work but also something else just as important, recalling how to deal with difficult people. The first lesson I'm still re-learning is not taking it too personally, which is tough. The second is realizing that the other person is probably doing the best they can to cope under the circumstances they're dealing with in life. For the person I'm referring to, the problem is the same as it usually is for other difficult people, their complex, bewildering, problematic behavior is rooted in their own insecurity and doubts about themselves.
The schooling here is coping and overcoming to gain some peace within myself to not let this person bother me and interfere with where I want to go. In order to do that I have to reach back in time and recall skills that I haven't had to use in quite awhile. It's a work in progress but the past has also taught me that in the long term, it is worthwhile and to my advantage. The other person I can do nothing about, they will have to live with themselves, I can only deal with how I control myself within the circumstances.
Even if you have an employer who doesn't appreciate you.
There are careers, jobs, employment and being an entrepreneur with your own business. Not everyone is able to have their own business and run it themselves, some people have careers, but most people have jobs and are employed.
Careers and jobs can be enjoyable and fun and others can simply be employment. With employment your employer only cares that you show up, do what you're told and discourages any independent thinking or initiative. Those jobs are harder when there are also difficult people to deal with daily. I held one once for well over a decade during a previous bad economic era, as soon as I was able, I left it. While doing that job though, I learned as much as I could even though my employer discouraged it, as well as during my time off I earned formal education and did things I enjoyed doing. Most importantly I figured out how to handle being around difficult people.
During this challenging economic period, many people are enduring careers and jobs they would like to get out of but aren't able to due to current conditions. If that is the case, then the best option is challenging yourself to learn as much as you can from that job, which may not necessarily be the skills of the job itself, but other self-development accomplishments such as dealing and coping with problematic people. Additionally also taking the time to learn something else outside of that work to improve your chances for better opportunities in the future. It is difficult, I know. I never thought my work era between 1978 and 1983 would ever end in anything positive. In 1993, ten years after I had left, I had the perspective to look back and appreciate how much the extracurricular work I had done decades prior had paid off. I also recognized that the coping skills and ability to deal with unpleasant people went a long way and were lessons for life.
Coping mechanisms are the key to the door to get what you want.
Right now I have a job that has potential to become a career. I like what I do very much and the people I work with, the one exception is a difficult manager. There's really no other way to state it: she's cranky, irritable, hypercritical and never gives praise; she finds everything that is wrong and nothing that is right. I don't believe she's a mean person, she does have good qualities and for brief periods of time she can be somewhat pleasant. My peers feel the same way as I do about her, therefore I know it's not a personal thing with me.
There are days when it is hard for me to take, especially since I do like the work itself, what I'm learning from it and the potential for growth. It's an exercise in not only learning a new line of work but also something else just as important, recalling how to deal with difficult people. The first lesson I'm still re-learning is not taking it too personally, which is tough. The second is realizing that the other person is probably doing the best they can to cope under the circumstances they're dealing with in life. For the person I'm referring to, the problem is the same as it usually is for other difficult people, their complex, bewildering, problematic behavior is rooted in their own insecurity and doubts about themselves.
The schooling here is coping and overcoming to gain some peace within myself to not let this person bother me and interfere with where I want to go. In order to do that I have to reach back in time and recall skills that I haven't had to use in quite awhile. It's a work in progress but the past has also taught me that in the long term, it is worthwhile and to my advantage. The other person I can do nothing about, they will have to live with themselves, I can only deal with how I control myself within the circumstances.
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