Monday Mornings with Madison

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Personal-Professional Well-Being

Relocating for Work

With advances in technology, telecommunications, and transportation, the business world has gotten a whole lot smaller. Companies, once compelled to expand in geographic proximity to their corporate headquarters (because greater distance would strain management and communications), can now do business on a global scale. The global marketplace has become more reachable. For example, in 1936, DELAG Airline — the world’s first airline to use an aircraft in revenue service — offered passenger flights from Friedrichshafen, Germany to Lakehurst, NJ (4,000 miles) that took 53 to 78 hours westbound, and 43 to 61 hours eastbound. That made managing a far-away business challenging, especially without Internet, fluid phone service, or computers. Today, 80 years later, a direct flight from New York to Hong Kong (8,047 miles) takes only about 16 hours. Aviation, cell phones, Skype, computers, and the Cloud have all but erased many of the hindrances of doing business internationally… making the world a whole lot smaller. But, it could also be said that the business world has also gotten bigger. Global markets have multiplied business opportunities exponentially, and not just for mega multinational corporations. Opportunities to grow abound for even the smallest startups. In that sense, the business world has gotten exponentially bigger.
These changes have spurred companies to pursue opportunities wherever they may be. But, to expand globally, companies often must relocate at least some of its staff to their new locations to establish operations. For example, a mid-sized real estate developer based in New York might relocate two key managers to thriving Austin, Texas to start a team developing apartment complexes. Or a small nursing home operator in Chicago might relocate several of its staff to open facilities in Arizona, retirement capital of the U.S. Or a multinational restaurant chain based in Atlanta might relocate an entire team of managers to the Caribbean to expand its fast food dynasty to new markets. Whether across the country or across the world, relocation for work is not without its challenges. What are the main considerations for employer and employee alike? Continue reading

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Living “In the Moment”

Michael drives to work. He passes hundreds of other drivers, obeys all the signs and heeds traffic lights, avoids pedestrians, merges lanes, adjusts the speed of his vehicle and ultimately parks. He does all this and later has practically no recollection of it at all. He got from point A to point B on “mental auto-pilot”, where his brain drew on habits to navigate, while his thinking mind was elsewhere. He might have been planning the day ahead. Or he might have agonizing about a cacophony of demands in his life. Or worrying about a problem. But for the 45 minutes it took him to drive to work, his mind was elsewhere. The real question is: how many tasks are performed in a day with little or no thought at all? Brushing teeth. Getting dressed for work. Drinking a cup of coffee. Eating lunch. Working out at the gym. Carpooling. Cooking dinner. Each day blends in with the next, and suddenly the year is half over.
While everyone does some tasks “mindlessly” at least once in a while, there are folks who are on “auto-pilot” a lot. Absent smiles. Perfunctory greetings. Blank stares. For them, life is zooming by while they are disengaged. The problem is that time – the scarcest commodity – is passing and it will never come again. Time spent on auto-pilot is basically time missed. After all, when Michael drove to work but can’t recall the drive, was he really present? Given how precious time is, can anyone afford to be “absentee” from even a single minute of life? How much more productive and happy would a person be if he were fully engaged and savoring every moment of every day? And, at the end of his life, how much might he give to be able to get back all those “auto-pilot” moments? Now there’s something to dwell on! So is there a way to stop zoning out and live more “in the moment”? Continue reading

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To Sleep Perchance to Succeed

The U.S. Centers for Disease Control indicates that sleeping less than seven hours per night is associated with increased risk for diabetes, stroke, frequent mental distress, and all-cause mortality. It also can contribute to heart disease, and increases a person’s likelihood to catch a cold and/or develop an infection. Obviously, all of these health issues affect punctuality, absenteeism, and decreased morale. Excessive absences result in decreased productivity and can have a major effect on company finances.
These are some of the obvious ways sleep deprivation affects career success. But there are other ways in which sleep deprivation has a dramatic direct effect on success. Insufficient sleep is a major cause of workplace accidents resulting in injuries and lawsuits. Lack of sleep also impairs judgment. And sleep deprivation is tied to cognitive impairment and memory problems. In other words, the brain just does not work well –as effectively or efficiently – when deprived of sleep. Continue reading

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To Sleep Perchance to Thrive and Succeed

For many professionals, travel is a regular part of life. Networking conferences. Meetings with clients. Training sessions. Visits to regional offices, stores or plants. And when work stops, vacations typically mean even more travel. While many people consider business and personal travel a luxury and privilege, those who travel often know that travel has its drawbacks. Besides the inevitable transportation hassles that come with getting there and back, there are other factors that make travel challenging. Lack of sleep is one of the biggest challenges.
According to a study conducted by Yuka Sasaki, Research Associate Professor of Cognitive Linguistic and Psychological Sciences at Brown University in Rhode Island, people don’t sleep very well when in a new place. The findings help explain why many people sleep poorly on their first night in a hotel, a sleep laboratory or other new location. Apparently, when a person sleeps in a new place, a part of the brain remains alert for potential threats. And there are all kinds of variables that affect sleep for most people besides travel. If sleep deprivation doesn’t seem like a big deal, think again. While lack of sleep may not seem all that pivotal to professional success, sleep is actually one of the most essential elements of life. It is vital for good health. It also plays a huge part in professional success. That’s because sleep is vital for sharp cognitive thought and keen memory. Continue reading

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Enthusiasm: The Best Workplace Contagion

In the book entitled Be Yourself – Discover the Life You Were Meant to Live, author John Mason writes that “Every great and commanding movement in the history of the world incorporated enthusiasm. Nothing great was or will be achieved without it.” The poet and writer Ralph Waldo Emerson agreed, saying “Nothing great was ever achieved without enthusiasm.” Mason added that, “In a survey, two hundred national leaders were asked what makes a person successful. Eighty percent (of the respondents) listed enthusiasm as the most important quality. Some pursue happiness – others create it. A person who is enthusiastic soon has enthusiastic followers.”

Indeed, enthusiasm is the rocket fuel propelling achievement. Thus, it is an especially important quality in the workplace and critically important to leadership. Although many employers value and are impressed by confidence in their employees, enthusiasm is probably more valuable. Unlike confidence which is inwardly focused, enthusiasm is outwardly focused. While confidence speaks to certainty – perhaps even false certainty – enthusiasm speaks to creativity and joy. While confidence can come across to others as arrogance, enthusiasm is usually seen as enjoyment. What’s more, unlike confidence, enthusiasm is highly infectious. Confidence fuels an individual but enthusiasm fuels a team. So why isn’t enthusiasm valued more highly? Why doesn’t every job description start with “Looking for an enthusiastic candidate to….” And how can a company reward and encourage enthusiasm in the workplace? Continue reading

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Pride In One’s Work

Pride is often thought of as a flaw or sin. “Being prideful” is considered synonymous with being conceited, haughty or egotistical. It is the opposite of humility. There are few personality traits more distasteful than a person who is prideful or boastful. “Pridefulness” is seen as a shortcoming or failing of character. However, there is another kind of pride. “Taking pride” in one’s work is actually a virtue or quality. It is one that employers should seek in new hires, and it is a trait that every employee should embrace and emulate.

What does it actually mean to take pride in one’s work? Abraham Lincoln once said that “whatever you are, be a good one.” At the core of his message was the concept of taking pride in one’s work. And that is no small thing. A job well done is a meaningful accomplishment. In theory, this is a valuable quality in any person. In reality, it may be hard to distinguish between someone who takes genuine pride in what they do and someone who does the bare minimum except when the boss is watching. What does “pride in one’s work” look like in practice? Continue reading

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Honesty and Integrity in Business

If there is one single quality that every business should seek in its employees, colleagues, vendors and even customers, it is honesty. But not only should businesses want to see that quality in its people, honesty should also be the bedrock principle upon which all organizations function. Indeed, Harvey S. Firestone, inventor and founder of the Firestone Tire and Rubber Company, one of the first global makers of automobile tires, said “I believe fundamental honesty is the keystone of business.” Likewise, Ed MacMahon, the late singer, comedian, program host and announcer, once said “Honesty is the single most important factor having a direct bearing on the final success of an individual, corporation, or product.” General wisdom dictates that honesty is one of the most important qualities that a person or company can demonstrate.

Yet, it may seem that honesty is becoming something of a scarce commodity in today’s business world. At ostensibly every turn, there are examples of “the end justifies the means” behavior in corporate America. Job applicants exaggerate on resumes with the goal of landing a job. Quarterly reports overstate projected earnings to elevate stock values. Business owners overstate their pro formas to get the highest valuation possible from investors. Real estate owners overstate a property’s value in order to negotiate the highest price in a deal. Customer service representatives cover up mistakes for fear of losing clients. Is dishonesty on the rise? Has honesty and integrity all but disappeared in business? Continue reading

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The Inconsistency of Being Consistent

A 2014 survey by specialist journal IRS Employment Review found that while the attitudes of employees can make or break a company, bad management was a far bigger drag on a company’s productivity and performance. Bosses must provide sound leadership in order for their direct reports to perform and achieve peak productivity. Of course, no one is perfect and – like all employees — bosses have weaknesses as well as strengths. What is interesting is that managers tend to share the same flaws. The most commonly reported characteristics that employees dislike about superiors include favoritism, lack of communication, micromanagement, incompetence and ruthlessness.

Notwithstanding the myriad of frustrating and off-putting traits workers dislike in their supervisors, there is one characteristic that is consistently disliked most. That is inconsistency. Apparently, even the most odious managers and overbearing bosses are preferred over a supervisor who is inconsistent. Why is inconsistency so reviled? And why is consistency such a valuable element of management? Continue reading

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The Evolution of Business Role Models – Part 2

Certain people rise above regular folks to become so successful, well-known and admired in their field of expertise that they become a household name. They become icons. This is true in every area from aeronautics to haute cuisine. There are few who don’t now the names of the great aviators Charles Lindbergh and Amelia Earheart. And most everyone knows the names of chefs Julia Child, Wolfgang Puck, Gordon Ramsey and Emeril Lagassi. These individuals possess certain qualities, talents and skills that catapulted them into a stardom of sorts. They are the doers, movers and shakers and innovators of the times. We draw inspiration from these icons.

However, even icons change. Today’s leaders have evolved from the strong, authoritarian traditionalists and business tycoons of the 20th century – think Henry Ford, John P. Morgan, John D. Rockefeller, and Walt Disney — into the innovative mavericks and mavens of the 21st century. We are mesmerized by edgy leaders such as Elon Musk, Founder of Tesla Motors and SpaceX, Tony Hseih, Founder of Zappos, Fred Smith, Founder of Federal Express, and Sir Richard Branson, Founder of Virgin Atlantic Airways. So what sets these icons apart from past business role models and what can we learn from them? Continue reading

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The Evolution of Business Role Models – Part 1

Practically every industry these days has icons. It is no longer just about actors and musicians. From inventors to scientists and from business leaders to politicians, every field has its share of celebrities, living and gone. In the world of science, they include Albert Einstein, Niels Bohr, Jane Goodall, Alfred Nobel, Edwin Hubble and Stephen Hawking. Technology has heroes of its own including Tim Berners-Lee (inventor of the World Wide Web), Sergei Brinn, Larry Page, Dave Packard, Bill Hewett, and Jeffrey Katzenberg. Even the world of real estate has icons including Donald Bren, Stephen Ross, Jerry Speyer, Sam Zell, Steve Schwartzman, and, of course, Presidential candidate Donald Trump. And in the category of “captains of industry” are some of the most respected names in business including Bill Gates, Jeff Bezos, Warren Buffet, Rupert Murdoch, Jack Welch, Michael Eisner, Lloyd Blankfein, and Mark Zuckerberg, to name just a few.

To some extent, these idols share many traits and talents that propelled them into prominence. But, in recent years, there has been a fundamental shift in the makeup of these renowned individuals, particularly in the world of business. Qualities and skills once considered exemplary have become passé. Corporate tycoons like Rupert Murdoch and Lloyd Blankfein are giving way to new titans of industry such as Brad Smith, Chairman of the Board of Intuit.  Why?
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