Sunday, 3 February 2013

worst ceo of 2012

The Worst CEOs of 2012: What did we Learn?


The year 2013 has begun, and with it a new year of scrutinizing CEO performance. It’s worth taking one last look at 2012′s poor performers to see what we can learn for this year.

In case you haven’t seen one yet, here’s a compilation of the 2012 lists:

1. The Bloomberg Businessweek Worst CEOs of 2012
Sydney Finkelstein, a professor at Dartmouth College’s Tuck School of Business, has been doing his list for three years now. Brian Dunn, formerly of Best Buy, has the honor of topping his list.

2. Forbes the Worst CEO Screw-ups of 2012
Forbes staff writer Susan Adams borrowed from Finkelstein’s list and also consulted with another business school professor and a consultant. Aubrey McClendon, CEO, Chesapeake Energy, made the top of the list, although it’s not ranked.

3. Herb Greenberg’s Worst CEO of 2012 (CNBC)
The veteran “Worst CEO” writer and market insider Greenberg picked Groupon’s Andrew Mason, who didn’t appear on either of the first two lists.

4. Valuewalk’s Worst CEOs of 2012
Valuewalk says it “used our own proprietary technology to make the final decisions.” Its pick: McClendon.

5. Motley Fool’s Worst CEO of 2012
You gotta love The Fool. The people there used an NCAA basketball-style bracket and had readers vote to come up with their champ: Zynga’s Mark Pincus, who made all of the other lists.

So what can we learn from this rouge’s gallery of CEO failures? How can CEOs avoid ending up on the “Worst CEOs of 2013”?

First and foremost, financial results seem to matter the most, which shouldn't come as any surprise, especially given three of the lists were created by Wall Street analysts and a plunging stock price is sure to call attention to a company’s CEO.

I suspect there are lots of crummy CEOs out there who fly under the radar with decent financial results in spite of their incompetence or boorish behavior. Unfortunately, many of them actual believe there is a correlation between their actions and the company’s results, which encourages them even more.

The decisions that CEOs make are usually so broad and long-term that the financial results often take years to catch up to them. Just give them a little more time, and they’ll end up on a list at some point.
It’s only once the stock price drops that the outside world starts asking questions and looking under the hood. That’s when we learn about things like:
  • Poor decision making.
  • Hubris and arrogance.
  • Financial scandals — interest rate manipulation, money laundering, undisclosed personal loans, bribery, etc.
  • Inappropriate relationships and affairs.
  • Use of the company jet and employees for personal reasons.
  • Poor public, customer and employee communication.
  • Failure to address lingering operational problems.
  • Comparing yourself to Steve Jobs.
  • Poor talent management.
  • And just plain immature, inappropriate, and outright goofy behavior and antics, which again, you can get away with if you’re insanely successful, but at some point, it’s going to affect the bottom line and you’ll be busted.
There’s nothing new about this “10 ways to fail as a CEO” list. I’ll bet if we went back and reviewed the last five years, we’d find the same patterns of nonsense leading to the same disastrous results.

But then again, it’s way too easy to play Monday morning quarterback and point out the faults of someone after they fail. I think what I’d really like to see is a list of “CEOs that are going to fail if they don’t knock off the nonsense and get their act together.”

Wednesday, 26 September 2012

Amazing quotes by chanakya


Amazing Quotes By Chanakya

"A person should not be too honest. Straight trees are cut first and honest people are screwed first."

"Even if a snake is not poisonous, it should pretend to be venomous."

"The biggest guru-mantra is: Never share your secrets with anybody. It will destroy you."

"There is some self-interest behind every friendship. There is no friendship without self-interests. This is a bitter truth."

"! Before you start some work, always ask yourself three questions - Why am I doing it, What the results might be and Will I be successful. Only when you think deeply and find satisfactory answers to these questions, go ahead."

"As soon as the fear approaches near, attack and destroy it."

"The world's biggest power is the youth and beauty of a woman."

"Once you start a working on something, don't be afraid of failure and don't abandon it. People who work sincerely are the happiest."

"The fragrance of flowers spreads only in the direction of the wind. But the goodness of a person spreads in all direction."

"A man is great by deeds, not by birth."

"Never make friends with people who are above or below you in status. Such friendships will never give you any happiness."

"Treat your kid like a darling for the first five years. For the next five years, scold them.! By the time they turn sixteen, treat them like a friend. Your grown up children are your best friends."

"Books are as useful to a stupid person as a mirror is useful to a blind person."

"Education is the best friend. An educated person is respected everywhere. Education beats the beauty and the youth."

-> Chankaya was a Indian politician, strategist and writer who lived between 350 BC-275 BC. He is considered to be the first politician in the world.

Tuesday, 25 September 2012

ways to improve managerial skills


8 WAYS TO IMPROVE YOUR MANAGERIAL SKILLS

            Each year, thousands of people make the switch from staff engineer or scientist to manager.
            And, although many of us look forward to the change, we find it frustrating once we get there.
            When we were engineers, we were rewarded for our technical skills and labors in direct proportion to what we accomplished.
            But now, as a manager, our success is measured not by our own output hut by the output and productivity of the people we supervise. And that sense of not being in direct control can be a frustrating feeling.
            Fortunately, working with others and getting them to give you their best can be just as rewarding as technical accomplishments . . . once you get the hang of it. Here are eight tips that will help you to manage and to guide your people more effectively.

The Human Touch
            The most valuable qualities you can develop within yourself are patience, kindness, and consideration for other people. Although machines and chemicals don't care whether you scream and curse at them, people do.
            Your subordinates are not just engineers, scientists, administrators, clerks, and programmers they're people, first and foremost. People with families and friends, likes and dislikes. People with feelings. Respect them as people and you'll get their respect and loyalty in return. But treat them coldly and impersonally and they will lose motivation to perform for you.
            Corny as it sounds, the Golden Rule "Do unto others as you would have others do unto you'' ‑is a sound, proven management principle. The next time you're about to discipline a worker or voice your displeasure, ask yourself, "Would I like to be spoken to the way I'm thinking of speaking to him or her?'' Give your people the same kindness and consideration that you would want to receive if you were in their place.

Don’t Be Overly Critical
            As a manager, it's part of your job to keep your people on the right track. And that involves pointing out errors and telling them where they've gone wrong.
            But some managers are overly critical. They're not happy unless they are criticizing. They rarely accomplish much or take on anything new themselves, but they are only too happy to tell others where they went wrong, why they're doing it incorrectly, and why they could do the job better.
            Don't be this type of person. Chances are, you have more knowledge and experience in your field than a good many of the people you supervise. But that's why the company made you the boss! Your job is to guide and teach these people not to yell or nit-pick or show them how dumb they are compared to you.
            Mary Kay Ash, founder and director of Mary Kay Cosmetics, says that successful managers encourage their people instead of criticizing them. " Forget their mistakes," she advises, "and zero in on one small thing they do right. Praise them and they'll do more things right and discover talents and abilities they never realized they had."


Let Them Fail
            Of course, to follow through on Mary Kay's advice, you've got to let your people make some mistakes.
            Does this shock you? I'm not surprised. Most workers expect to be punished for every mistake. Most managers think it's a "black eye" on their record when an employee goofs.
            But successful managers know that the best way for their people to learn and grow is through experience and that means taking chances and making errors.
            Give your people the chance to try new skills or tasks without a supervisor looking over their shoulders but only on smaller, less crucial projects. That way, mistakes won't hurt the company and can quickly and easily be corrected. On major projects, where performance is critical, you'll want to give as much supervision as is needed to ensure successful completion of the task.

Be Available
            Have you ever been enthusiastic about a project, only to find yourself stuck, unable to continue, while you waited for someone higher up to check your work before giving the go ahead for the next phase?
            Few things dampen employee motivation more than management inattention. As a manager, you have a million things to worry about besides the report sitting in your mailbox, waiting for your approval. But to the person who wrote that report, each day's delay causes frustration, anger, worry, and insecurity.
            So, although you've got a lot to do, give your first attention to approving, reviewing, and okaying projects in progress. If employees stop by to ask a question or discuss a project, invite them to sit down for a few minutes. If you're pressed for time, set up an appointment for later that day, and keep it. This will let your people know you are genuinely interested in them. And that's something they'll really appreciate.

Improve the Workplace
            People are most productive when they have the right tools and work in pleasant, comfortable surroundings. According to a study by the Buffalo Organization, a comfortable office environment creates an extra $1600 of productivity annually for professionals and managers.
            Having the right equipment is equally important. One of my clients recently hired a full-time technical writer at a salary of $25,000, but was reluctant to invest $2500 in a word processor for him to use.
            I explained that, in my experience, a word processor can easily double the productivity of a writer. Therefore, if the writer was expected to produce $25,000 worth of work with a typewriter, he could produce $50,000 with a word processor an extra $25,000 a year in productivity for a $2500 investment! The client bought the computer. Both the company and the writer were delighted with the results.
            Be aware that you may not be the best judge of what your employees need to do their jobs effectively. Even if you've done the job yourself, someone else may work best with a different set of tools, or in a different setup because each person is different.
            If your people complain about work conditions, listen. These complaints are usually not made for selfgain, but stem from each worker's desire to do the best job possible. And by providing the right equipment or work space, you can achieve enormous increases in output . . . open with a minimal investment.

A Personal Interest in People
            When is the last time you asked your secretary how her son was doing in Little League or how she enjoyed her vacation?
            Good salespeople know that relating to the customer on a person-to-person level is the fastest way to win friends and sales. Yet many technical managers remain aloof and avoid conversation that does not relate directly to business. Why? Perhaps it's because engineers are more comfortable with equations and inanimate objects than with people, and feel uncomfortable in social situations.
            But just as a salesperson wants to get to know his customer, you can benefit by showing a little personal interest in your people their problems, family life, health, and hobbies. This doesn't have to be insincere or overdone just the type of routine conversation that should naturally pass between people who work closely.
            If you've been ignoring your employees, get into the habit of taking a few minutes every week (or every day) to say "hello" and chat for a minute or two If an employee has a personal problem affecting his mood or performance, try to find out what it is and how you might help. Send a card or small gift on important occasions and holidays, such as a 10th anniversary with the firm or a birthday. Often, it is the little things we do for people (such as letting workers with long commutes leave early on a snowy day, or springing for dinner when overtime is required) that determine their loyally to you.

Be Open to Ideas
            You may think the sign of a good manager is to have a department where everybody is busy at work on their assigned tasks. But if your people are merely "doing their jobs," they're only working at about half their potential. A truly productive department is one in which every employee is actively thinking of better, more efficient methods of working ways in which to produce a higher quality product. in less time, at lower cost.
            To get this kind of innovation from your people, you have to be receptive to new ideas; what's more, you have to encourage your people to produce new ideas. Incentives are one way you can offer a cash bonus, time off, a gift. But a more po­tent form of motivation is simply the employee's knowing that management does listen and does put employee suggestions and ideas to work. Quality Circles, used by Westinghouse and other major firms, are one way of putting this into action... The old standby, the suggestion box. is another time tested method.
            And when you listen to new ideas, be open minded. Don't shoot down a suggestion before you've heard it in full. Many of us are too quick, too eager, to show off our own experience and knowledge and say that something won't work because “we've tried it before” or “we don't do it that way.”  Well, maybe you did try it before, but that doesn't mean it won't work now. And having done things a certain way in the past doesn't mean you've necessarily been doing them the best way. A good manager is open-minded and receptive to new ideas.

Give Your People a Place to Go
If a worker doesn't have a place to go a position to aspire to, a promotion to work toward then his job is a dead end. And dead-end workers are usually bored, unhappy, and unproductive. Organize your department so that everyone has opportunity for advancement, so that there is a logical progression up the ladder in terms of title, responsibility, status, and pay. If this isn't possible because your department is too small, perhaps that progression must inevitably lead to jobs outside the department. If so, don't hold people back; instead, encourage them to aim for these goals so that they will put forth their best efforts during all the years they are with you.

About the Author
            Robert W. Bly, an independent copywriter and consultant specializing in industrial and high-tech advertising, can be reached at 174 Holland Ave., New Milford. NJ 07646. (201) 599-2277

Friday, 21 September 2012

Business Masters Quotes


Top 7 Business Success Quotes by Business Masters

One of the best ways to find inspiration in business is to take advice from people that have made it. I've found that successful business people are usually always willing to share their experiences, you just have to ask.
  1. Goals are the first step to business success. Jim Rohn believes that "If you go to work on your goals, your goals will go to work on you. If you go to work on your plan, your plan will go to work on you. Whatever good things we build end up building us."
  2. Action should follow your goals. "Don't be too timid and squeamish about your actions. All life is an experiment." says Ralph Waldo Emerson.
  3. Persistence is also important after your initial burst of action. "You have to put in many, many, many tiny efforts that nobody sees or appreciates before you achieve anything worthwhile." Brian Tracy
  4. Good questions will keep you on the right track say Anthony Robbins.. "Successful people ask better questions, and as a result, they get better answers."
  5. Change with your business or be left behind. "It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." Charles Darwin
  6. Luck and timing will ensure success, so be prepared for luck. "I feel that luck is preparation meeting opportunity." Oprah Winfrey
  7. Success comes when everyone profits. "I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well." Alan Greenspan.

Thursday, 20 September 2012

success quotes


43 Success Quotes From Under 30 CEO Readers

1. “Opportunities don’t happen, you create them.” via Chris Grosser
2. “Don’t complain; just work harder.” via Chris Grosser
3. “Deeds not Words” via Bernord Hor
4. “Before you can work smart you must work hard.” via Chris Pardo
5. “Persevere…because on the road to success there is never a crowd on the extra mile!” via Charity Gibson
6. “I’m not afraid of dying, I’m afraid of not trying.” – Jay Z via Steven Gordon
7. “It’s not the cards you’re dealt it’s how you play the game” via Chris Pardo
8. “If you think you made it, your at the wrong place, never stop” via Chris Pardo
9. “Some people dream of great accomplishments, while others stay awake and do them” via Danielle Luedtke 
10.“The grass is greener where you water it” via Danielle Luedtke
11. “If you are going to fear anything fear success. Think about what you are doing and when you succeed what life you will have” via Brandon Chalmers
12. “God gives every bird his worm but He does not throw it into the nest” via Liam Carey
13. “If it is to be, it’s up to me” via Caleb Anthony Parker
14. “Life doesn’t have to suck…DO something about it!” via Jennie Mustafa-Julock
15. “The elevator to success is out of order. You’ll have to use the stairs…. One step at a time.” via Rande Wilson
16. “The only time success occurs before work is in the dictionary.” via Cameron Cashmore
17. “Far better it is to dare mighty things, to win glorious triumphs even though checkered by failure, than to rank with those poor spirits who neither enjoy nor suffer much because they live in the gray twilight that knows neither victory nor defeat.” – Theodore Roosevelt via Mike Jones
18. “Entrepreneurs average 3.8 failures before final success. What sets the successful ones apart is their amazing persistence.” – Lisa M. Amos via Tanya Hamilton
19. “The present is theirs; the future, for which I really worked, is mine.” via Ashwin Bonde
20. “Anything less than 120 hours a week is part time, if you are okay with average…then work part time” via Chase Slepak
21. “Nothing is as it appears to be” via Trace Cohen
22. “Success is the worst teacher” via Trace Cohen
23. “If you want to manage somebody, manage yourself. Do that well and you’ll be ready to stop managing. And start leading.” via Mark Gonzales
24. “We are all self made but only the successful admit it” via Corey Leja
25. “If you don’t take a chance, you don’t stand a chance.” via Gabriella Mischel
26. “A successful person is one who can lay a solid foundation from the bricks others have thrown at them.” -David Brinkley via Luke Shaw
27. “Luck is where preparation meets opportunity” via Eric Knotts
28. “Things come to those who wait, but only the things left by those who hustle” – Abraham Lincoln via Tina MiModels
29. “If you are willing to do more than you are paid to do, eventually you will be paid to do more than you do” – unknown via Tina MiModels
30. “Fall down seven times, get up eight times” – Japanese proverb via Tina MiModels
31. “Success is a lousy teacher, it seduces smart people into thinking they can’t lose” – Bill Gates via Ryan Seitz
32. “Nothing is impossible, the word itself says I’m possible” via Victor Aguirre
33. “Entrepreneurs don’t waste time/energy worrying about being better than someone else. Focus on being the very best version of YOU.” via Abdulaziz Aljouf
34. “Whoever says ‘Nothing is Impossible’ has obviously never tried stapling Jell-o to a tree” via Charity Gibson
35. “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” Charles Darwin via Ann McCartan
36. “Life isnt about learning how to weather the storm. its about learning how to dance in the rain.” via Monica Fish
37. “There are two rules to success: 1) Never tell everything you know.” via Nick Tart
38. “Create your own destiny. If you don’t, someone else will.” via Chris Leber
39. “Success is not so much what we have, as it is what we are.” – Jim Rohn via Nicole Elizabeth Shields
40. “Success is being able to juggle those Glass Balls called Priorities and keeping them shiny & intact while running the Marathon of Life.” via Jouyin Teoh
41. “Learning from success is important but learning from failure is vital to succeeding” via Jason Platnick
42 “True nobility is not about being better than anyone else its about being better than you used to be.” – Dr. Wayne Dyer via Jason Platnick
43. “Whether you think you can or you can’t, you are right.” – Henry Ford via Brett Kunsch

Friday, 14 September 2012

Nice lines


  • Don't compare yourself with any one in this world. If you compare, you are insulting yourself.
  • Life laughs at you when you are unhappy... Life smiles at you when you are happy... Life salutes you when you make others happy...
  • Every successful person has a painful story. Every painful story has a successful ending. Accept the pain and get ready for success.
  • Easy is to judge the mistakes of others. Difficult is to recognize our own mistakes. It is easier to protect your feet with slippers than to cover the earth with carpet.
  • No one can go back and change a bad beginning; But anyone can start now and create a successful ending.
  • If a problem can be solved, no need to worry about it. If a problem cannot be solved what is the use of worrying?
  • If you miss an opportunity don't fill the eyes with tears. It will hide another better opportunity in front of you.
  • "Changing the Face" can change nothing. But "Facing the Change" can change everything. Don't complain about others; Change yourself if you want peace.
  • Mistakes are painful when they happen. But year's later collection of mistakes is called experience, which leads to success.
  • Be bold when you loose and be calm when you win.
  • Heated gold becomes ornament. Beaten copper becomes wires. Depleted stone becomes statue. So the more pain you get in life you become more valuable.