Have you noticed the efforts to diminish the compensation or banking honchos and Wall Street hotshots?
Or at least make it look that way.
Our friends at Goldman Sachs are in the forefront, which should give you lots of confidence that the effort is for real.
The bonuses are in restricted stock that has to be held at least five years, so if the stock value went down 20% the banker would receive only $8 million instead of the $10 expected—poor baby, a lousy $8 million dollars, that’s terrible! Of course, the stock goes up 20% they’ll pick up an extra two mil.
Goldman …read more

Three great interviews sharing what to do and one commentary on the opposite.
Do you long for simplicity, especially in software? Jason Fried built his company 37Signals because he hates complexity. Read more about his attitudes in Inc’s excellent article, you may be surprised.
Next is the story of and an interview with Steve Chang, co-founder and chairman of Trend Micro. Learn why two failed startups didn’t dampen his entrepreneurial fire and what drives him to innovate.
I love this interview with William D. Green, chairman and C.E.O. of Accenture. He tells his first training seminar as a manager where he was told …read more

Raising kids is about teaching values, among other things, but kids learn by watching more than by listening. “Do as I say, not as I do” just doesn’t fly these days.
Cheating is not only a good example, it’s a global one.
Everyone knows that cheating is wrong, yet in US surveys 64% of high school students say they have cheated, while 84% of undergraduate business students and a whopping 56% of MBA students also admit to cheating. Not only is cheating prevalent, parental action often condones it.
Since many of these same parents are leaders in the workplace, the results of a …read more

(Click here to lean more about Ms. Davis, who, by the way, is still alive.)
Now check out my other WW how not to think
Your comments—priceless
Don’t miss a post, subscribe via RSS or EMAIL
Image credit: dbking on flickr

What do you do and where do you go when you leave a high-stress career that nearly kills you?
If your name is Tom Dunn and you spent 20 years, first as a defense counsel in the Army Trial Defense Service, then stints in Florida, New York State and most recently as head of the nonprofit Georgia Resource Center, you find a less stressful environment in which to indulge your passion.
You teach in a tough middle school in Atlanta, Georgia where “ninety-three percent of students are black and 5 percent Hispanic; some 97 percent qualify for free or reduced …read more

Click to see what interferes with practically everything
Your comments—priceless
Don’t miss a post, subscribe via RSS or EMAIL
Image credit: mattwi1s0n on flickr

On September 25, 1957, 300 United States Army troops escorted nine black children to Central High School in Little Rock after unruly white crowds had forced them to withdraw.
In 1976, the shooting of a 13-year-old sparked a children’s uprising against apartheid that spread across the country to Cape Town, where students from a mixed-race high school, Salt River, marched in solidarity with black schoolchildren.
September 15, 2009, Seattle schools plan to lower the passing grade from C to D, partly match the rest of the state’s districts and partly to keep their funding by keeping kids in school.
On September 24, 2009, …read more

Cheating isn’t new, nor is my writing about it.
It probably dates back to the cavemen, but it’s become more acceptable with the passage of time. Or maybe it’s just that the level of cheating needed to upset people and the stakes involved have increased so much.
An article in the Sun Journal gives an excellent overview of the pervasiveness of cheating.
Of course, the best thing to do if you’re going to cheat is don’t get caught, but if you do and lie about it the penalties increase exponentially.
For some reason people are tolerant of the cheating, in some cases they even …read more

In a comment on my September 11 post Kate Lavender said, “I have always believed that quote “we are not made, or unmade, by the things that happen to us but by our reactions to them” – I had lost sight of that of late and your story brings the importance of personal choices being who we are back full force.”
I’m grateful to Kate; it’s good to know my point was made with at least one person.
This is as true for companies as it is for individuals and especially true in the current economic environment.
We can use this economic debacle …read more

Hypocrisy has had a high profile on my blog this summer, especially as it relates to the emerging attitudes of young people.
One of the current hypocrisy poster boys is Senator John Ensign, who really drove home what is acceptable and not acceptable in the prevailing attitudes of those who claim the moral high ground.
The Senator, who roundly condemned then-President Clinton’s sexual peccadillo and subsequent lying to a grand jury, said, “I haven’t done anything legally wrong.” (My emphasis.)
Which mean that if Clinton had admitted screwing around with Monica Lewinsky it would have made it a “distraction” (Ensign’s term for what …read more