NY Times Business Hardcover Best Sellers – November 2008

 

New York Times – Hardcover Business Best Sellers – November 2008

 

An historical election behind us and a bleak short-term future ahead, we find ourselves at a very interesting time. When will the market hit bottom? How high will unemployment ultimately reach? Will Chrysler and GM survive to see 2010? Can Barack Obama and a Democratic Congress do anything to solve the credit and housing crises?

 

With so many economic questions facing us, it seems natural that the NY Times list would have more than a few economic tomes in the mix. (We count nine.) Below you’ll find the Top 5 on the New York Times Hardcover Business Best Sellers list for November 2008 – to see the complete list (and to see an interesting economic read at number 14 this month) follow this link.

 

At fourteen on the November list (second in October) is a good read by T. Boone Pickens. Part autobiography and part Boone’s plan for America’s energy independence, The First Billion is the Hardest is interesting if for nothing else than it provides a pretty solid plan for reducing our dependency on foreign oil. Obviously his views are less interesting to America now that gas is relatively cheap – though we believe it won’t take much for oil to top $140 a barrel again. (Last we checked Pickens was the only one putting forth a real plan.)

 

Number 1 this month brings a great Warren Buffet biography by Alice Schroeder. In fact, The Snowball is not only number 1 on the NY Times list, it was also named to our list of the 10 Best Warren Buffet Books of All Time last month. At last count, there are forty-seven Warren Buffet bios currently in print, so you need a guide to decide which ones are worth your time. To see our list of the 10 Best Warren Buffet Biographies, follow this link.

 

 




This
Month

 

Last
Month

1

THE SNOWBALL, by Alice Schroeder. (Bantam, $35.) The life of Warren Buffett.

 

2

HOT, FLAT, AND CROWDED, by Thomas L. Friedman. (Farrar, Straus & Giroux, $27.95.) How a green revolution can renew America, by the New York Times columnist.

1

3

WHO, by Geoff Smart and Randy Street. (Ballantine, $24.) How to attract and hire the right people for your business. (†)

 

4

THE TOTAL MONEY MAKEOVER, by Dave Ramsey (Thomas Nelson, $24.99.) Debt reduction and fiscal fitness for families, by the radio talk-show host. (†)

6

5

THE 4-HOUR WORKWEEK, by Timothy Ferriss. (Crown, $19.95.) Because life isn’t all about work. (†)

3

 

The 25 Most Annoying Business Phrases

The 25 Most Annoying Business Phrases Managers Use

From the overused to the clichéd, we are inundated on a daily basis with annoying and ridiculous business phrases from the lips of well-meaning managers.

Why so many of us, present company included, rely on the latest catch phrases or tired business jargon to relay a particular message is unclear. Whether lazy, blocked or we really think it makes us sound important, we too often reach for the prepackaged word grouping instead of constructing an original sentence.

Tired of the constant use and misuse of worthless wordings, we decided to assemble a list of formulaic business phrases still in (over)use today. Of course, simply compiling a list of the worst or most annoying business phrases was too easy – narrowing that list to just twenty-five proved to be the hard part.

To add a little complexity to this project, we decided to author a single speech using all twenty-five of the most annoying business phrases. That speech, which you are encouraged to deliver at your company’s holiday party this year, is located at the bottom of this article.

After countless hours of debate, here is our list of the 25 Most Annoying Business Phrases Managers Use. For those wishing to sound more like true leaders, we included very simple replacement expressions for each.


  1. Think Outside of the Box – We cringe even writing this one. Inarguably the very worst, most annoying business phrase of all time, Think Outside of the Box has become such an overused cliché that Taco Bell coined their own version for a national ad campaign: Think Outside the Bun. Once the likes of Taco Bell, Sears, General Motors or 7-11 latch onto a popular phrase and add it to their lexicon, that phrase has officially become a caricature of its former self. The AskTheManager replacement phrase leaders should use: Think Creatively.
  2. Give 110% – Our problems with this phrase are both the impossibility of giving 110% and the sheer belief that somehow, if you could actually give 110%, that this would be good enough. Why stop at 110%? What are you, a slacker? We know Nigel Tufnel would give 111%, anyway. The AskTheManager replacement phrase leaders should use: Do Your Best.
  3. Hit the Ground Running – Meant to energize a team to start work on a project immediately, this overused idiom generally has the opposite effect. Usually the person telling their team to “hit the ground running” is some do-nothing who only hits the ground running when five o’clock rolls around. The AskTheManager replacement phrase leaders should use: Get Started Immediately.
  4. The 30,000-Foot View – Though not the only use or misuse of this phrase, “the 30,000-foot view” is often uttered by pompous managers who believe they see the big picture that the rest of us are somehow missing. We get it, okay, you want us to believe you’re considering every outcome of a particular decision. The origins of this phrase, which is meant to describe the view from a commercial airplane (flying at 30,000 feet), have become so misunderstood that we often hear our colleagues refer to everything from the 5,000-foot view to the 100,000-foot view – clearly different views. The AskTheManager replacement phrase leaders should use: The Big Picture (we know this is also clichéd, but at least everyone will understand the meaning).
  5. FYI – The overused acronym meaning For Your Information, has become such an annoyance to hear uttered (writing FYI is sometimes useful) that one of our editors believes FYI actually means Fornicate You, Idiot. (Of course, he replaces “fornicate” with a common expletive.) He claims that it becomes a little more palatable to hear someone say “FYI” when you think of it in his context. Like putting the words “in bed” after your read the saying from a fortune cookie, this immature habit of his works well and is quite funny. The AskTheManager replacement phrase leaders should use: nothing (uttering “FYI” adds no value and does not need to be replaced – just stop saying it).
  6. Blocking and Tackling – Whenever someone in your business skips the basics and fails, managers will often say “it’s just blocking and tackling” to signify that the simplest of tasks were not completed. Of all the overused sports analogies applied to business, this is the most annoying because it implies that blocking and tackling are easy tasks. In football blocking and tackling are the most important tasks, and not necessarily the easiest. Without blocking, the offense cannot score. Without tackling, the defense cannot stop the offense. Since we don’t actually block or tackle at work, let’s drop this silly misuse. The AskTheManager replacement phrase leaders should use: Primary Tasks or Basic Tasks.
  7. 800-Pound Gorilla – Used in business to mean some entity so dominating or uncontrollable (because of their power or size) that others must show respect/consideration, the term “800-pound gorilla” is so overused we feel like throwing poop. Given that the average gorilla weighs about 400 pounds (and usually likes to throw poop at zoo visitors), you can imagine the damage that an 800-pound gorilla would cause. Annoying because it is unnecessary, this phrase is so often misused (like 30,000-foot view) that we once heard “200-pound gorilla” and “1,000-pound gorilla” uttered in the same meeting – ugh! The AskTheManager replacement phrase leaders should use: Industry Leader.
  8. Throw Under the Bus – Often correctly used to describe acts of betrayal in the workplace that provide a minor advantage to the one doing the throwing: “he really threw him under the bus,” this relatively new business phrase has quickly become an annoyance by its watered-down overuse. The AskTheManager replacement phrase leaders should use: Sacrifice.
  9. Rightsizing – This politically correct term for “cutting expenses” vaults into our top ten by virtue of a recent explosion in usage. The current economic climate has forced businesses to make tough decisions, and these decisions most often include expense reductions and layoffs. Managers who feel uneasy using real world terminology to describe their actions take the coward’s course and declare they are rightsizing their organizations. If it was truly “rightsizing” we were doing, then we’d be doing it during good times too, wouldn’t we? The AskTheManager replacement phrase leaders should use: Downsizing (that’s if you’re afraid of the word “layoff”).
  10. Reaching Out – This phrase is probably most annoying because it seems no one calls or emails anymore, they just reach out – its usage has certainly exploded. The image of someone reaching out to us is more than a little creepy, and yet more and more of our colleagues tell us they are “reaching out” to us – we’d prefer they just email. The AskTheManager replacement phrase leaders should use: Contact.
  11. Low-Hanging Fruit – The AskTheManager replacement phrase leaders should use: Easy.
  12. Incremental Improvement – The AskTheManager replacement phrase leaders should use: Improvement.
  13. My Two Cents – The AskTheManager replacement phrase leaders should use: My Opinion.
  14. Solutions Provider – The AskTheManager replacement phrase leaders should use: Vendor.
  15. Bring Your “A” Game – The AskTheManager replacement phrase leaders should use: Arrive Prepared.
  16. Tear Down the Silos – The AskTheManager replacement phrase leaders should use: Remove Barriers.
  17. Paradigm Shift – The AskTheManager replacement phrase leaders should use: Fundamental Change.
  18. Take it to the Next Level – The AskTheManager replacement phrase leaders should use: Improve.
  19. Light a Fire Under Him/Her – The AskTheManager replacement phrase leaders should use: Motivate.
  20. Client Engagement – The AskTheManager replacement phrase leaders should use: Meeting.
  21. Take it Offline – The AskTheManager replacement phrase leaders should use: Discuss it Later.
  22. At This Point in Time – The AskTheManager replacement phrase leaders should use: Now, Currently or Today.
  23. Give You a Heads Up – The AskTheManager replacement phrase leaders should use: Provide Notice.
  24. Synergy – The AskTheManager replacement phrase leaders should use: Collaboration.
  25. Action Item – The AskTheManager replacement phrase leaders should use: Task.

As promised, here is a speech you can deliver at your holiday party this year that will surely make you sound like either the most intelligent or most pompous person in the room. Intelligence is in the ear of the receiver.

I’m reaching out to you today to thank you for helping us make 2008 a solid year for our business. Despite the economic turmoil we face at this point in time, your dedication to synergy and out of the box thinking has allowed us to make incremental improvement in our rightsizing efforts. FYI, In order for us to take it to the next level, we need everyone to hit the ground running on their ‘09 action items and give 110%. As I take a 30,000-foot view of our industry, I see competitive solutions providers who must light a fire under their teams, tear down their silos and make significant paradigm shifts if they expect to catch us, the 800-Pound Gorilla. To these companies I say, “let me give you a heads up, you’d better bring your ‘A’ game if you want to beat us.” We are the industry’s best because we are superior in every way. We are better at blocking and tackling, we are better at gathering the low hanging fruit and we are better at exceeding expectations during client engagements. If we have disagreements, we take it offline – we never throw each other under the bus. If you want my two cents, I would rather work with this group than with the finest people on earth.

Now sit back and bask in the applause.

Leadership Development Blogwatch – Post Election Edition – November 5, 2008

 

Best of the Leadership Development Blogs

Partly due to the 2008 Presidential Race and partly due to the NFL season (now in week 10), we’ve had trouble finding too many great posts or articles on the Leadership Development blogs.

What we could find in the last few weeks was often too mediocre to recommend to our readers (we really do care about the tens of you who read this blog). However, given that we haven’t identified a best of the best in a month, we felt we should at least share with you the best of what we did find (it isn’t saying much). So here without further blather are the fattest guys in Ethiopia (also known as the Best of the Leadership Development Blogs):

(Editors’ Note: some of these are actually pretty good.)




Leadership Development – Good Board Governance
Leadership development is an often-overlooked issue of board management. Boards need leaders – experienced and well based in critical areas. It also needs professionally qualified members who both understand and are able to meet their

What Vision and Goals Mean
Mountain range photo. Conducted a workshop this weekend for a company around vision and goals. It was a great group to work with. I was truly honored to leave my imprint on their management team. I got to thinking this morning about why

New Managers – How Do You Keep From Getting Run Over?
New Managers – Avoiding the Inevitable Traps AC from Saskatoon, Saskatchewan (that’s in Canada for the geographically challenged leaders out there) wrote us in August for some advice on how to gain respect as a new manager.

Leadership Development: “This is Squishy Feely” Stuff
It’s not uncommon to run into resistance from the senior members of an organization that has just recognized that it might be good to professionalize and improve talent development and acquisition processes. I can even understand the …

Your Leadership Legacy
An exercise that visits the defining moments that have most influenced your leadership development can help you pass on to future generations how you learned to lead. Defining the important milestones you experienced to make you the …

Taking Responsibility – A Step Toward Progressive Leadership
Carole is President and Executive Coach of Progressive Leadership, offering executive coaching, organizational development consulting and leadership development training. Improve your business relationships, communication, …

Corporate Ethics and Good Governance Leadership
Smith specializes in turnaround management, strategic planning, leadership development and executive coaching. He also works as an executive and/or life coach in the areas of personal growth and spirituality. He is the author of Amazing …

Personality-focused coaching for leadership development.
Meanwhile, coaching has become a well-established method of one-on-one leadership development in many organizations. Given the research investigating the relationship between the FFM and work-related behavior and performance, …

Career Paths to Leadership & Leadership Development
Every one of those opportunities is a part of a lifelong curriculum of leadership development. Leadership is learned by doing, though others (positive and negative role model), sometimes hardships, and by more formal learning (books, …

Lessons of Leadership Development
Timeless advice on leadership from Nelson Mandela. Take a moment to think about how each of these 8 lessons will help you in developing into a strong leader, which is essential for small business success. …

What if Leaders Were Allowed to Design and Deliver Their Own …
So here’s my message to senior leaders: You don’t have to leave leadership development up to the training or HR departments. You can do it, with a lot of commitment and perhaps little bit of help. Instead of bemoaning the lack of …

Leaders at All Levels
We must abandon our traditional leadership development practices, they’re not working. The Apprenticeship Model is a rigorous system for providing experiences and feedback that are tailored to accelerate each leader’s development. …

 

The Best Time Management Tool Ever

 

Time Management’s Greatest Tool Ever

The Internet (especially the blogosphere) is filled with advice extolling every flavor of tip and trick designed to help you manage your time better. New managers are especially vulnerable to the lure of something easy that can help them squeeze more hours out of every day.

The truth is that you cannot effectively, and for the long term, manage your time – you can only manage yourself. Without complete and lasting paradigm shifts, an ineffective individual will always be ineffective.

Given this, you might be surprised to hear that we have discovered the greatest time management tip and trick of all time, and this one really works. Used correctly, this time management tool just might make the transformation into an effective leader unnecessary. Google, it seems, is the greatest time management tool ever.

Google Can Give You Your Life Back

While we mean this with tongues firmly planted in cheeks, the AskTheManager editors do find themselves using Google to complete and manage tasks that, in the past, took much, much longer. And although we’re still not convinced that any tip or trick ever works over the long term for those seeking to become more effective, we are convinced that properly understanding and using all the important tools and jewels available on Google.com can make you (at the very least) feel more productive.

It’s inarguable that search engines in general can save countless hours per query just by the nature of bringing together massive amounts of data and serving relevant results to the user. Prior to Google, however, search was not quite the timesaver we see today. Prior to Google we found ourselves looking to the third, fourth, tenth pages of search results before either giving up or changing the order of our search terms. Search was a mess before Google.

Life in the Year 10 A.G.

Over the past ten years, Google has literally reinvented everything from how we use the Internet to marketing in the new millennium. In addition to these obvious improvements, Google has also created a platform that flat out makes us more efficient. This, we argue, is what made Google “Google.”

Examining months of search engine data, it’s clear to us that less than 1/10 of 1% of the searching public uses any of the great tools or shortcuts Google makes available. Perhaps if you knew that you didn’t have to be a computer geek to utilize these great time management tricks, you’d be more likely to employ them.

As members of the Ultra Busy Professional Leaders Association (pronounced uhb-pluh) we regularly employ the following Google tools and shortcuts to add precious seconds back into our daily schedules:

Search within a Site

Have you ever tried to use the internal search feature when surfing most websites? If so, then you know that the results are often not even close to what you were really seeking. To eliminate the need for unproductive searches within a website, you can use Google to return pages that match your search criteria from any website. In the Google search box, type the term you wish to search and site:sitename.com (or .org; .gov; whatever), and Google will search the specific website for you.

For example, if you wanted to find all of the articles on AskTheManager.com where we mentioned Jennifer Aniston (surprisingly, we’ve included her three times including this post), you would type: Jennifer Aniston site:askthemanager.com and click “search.” Follow this link to see how these results appear in Google.




Search Smarter

When searching for information we know is contained within a government site (like tax information or the hours of our local DMV office) Google occasionally returns results from commercial websites that don’t quite meet our needs and cause us to sort through more choices than required.

By simply including the “site colon” modifier (as we did above) we can limit our searches to just .gov (government) websites.

For example, if we wanted to find the locations of all DMV offices in Arizona we could use the following search in Google: DMV locations Arizona site:.gov. This search will return the official State of Arizona website first and not include any commercial websites. This is important, because leaving off the site:.gov modifier will return a commercial site (dmv.org) that happens to have a better Google Page Rank. Follow this link to see how using the site:.gov modifier improves the search. Follow this link to see the search results without the modifier.

Note: The site colon modifier can be used to limit searches to specific country websites, as well. For example, search term site:.ca would return only Canadian results.

Google Alerts

Google Alerts are the answer to keeping up with what is written on the Internet for topics/people/companies with whom you’re interested. Instead of going to Google periodically to conduct searches for things that interest you (for example, your name), you can set a Google Alert and have the information delivered directly to your inbox as it occurs on the Web. Google Alerts are simple to create and maintain – to set up a Google Alert, follow this link.

Search Your Own Computer

Using the power of Google to search for files on your desktop or laptop is a true timesaver over the alternatives. For whatever reason, Microsoft and Apple just don’t want to make it a quick, painless task to find that Excel spreadsheet from August 2006 where you included the phrase “Housing Meltdown” to predict the current economic turmoil.

Setting up the Google Desktop Search is a snap, and the search functions and results operate precisely as they do with online searches. To set up the Google Desktop Search, follow this link.

Use Gadgets and the Google Sidebar

Like most things Google, the Google Gadgets (and the optional sidebar) were not an original idea from the Google Gods. Google just made them better and easier to manage. Google Gadgets are simply tools/widgets that can be placed on your desktop so you can view important information in real time and at a glance (like weather, stock prices and news).

Some of the news gadgets, as well as the Google Calendar and the Weather gadgets are our favorite timesavers; while the Answer Ball and the HOT or NOT gadgets are our favorite time-wasters. To view the current gadgets lineup, follow this link and use the left navigation to narrow the list of gadgets to those that interest you.

Install the Google Pack

Stop wasting money and (especially) time managing your virus and spyware protection software packages – the Google Pack solves this by providing these tools (along with a few others) for free. The time savings occurs when you aren’t continually bombarded with requests for updates – all updates can happen virtually automatically and are free of charge. To install the Google Pack, follow this link. (Sorry, not for Mac, just Windows XP and Vista users.)

Use These Random Google Timesavers (Shortcuts) We Also Love:

Search Ranges of Data – Simply type search term #…# in the search box to limit your results to specific ranges. For example, if you’re in the market for a CDMA phone between $50 and $100, you would enter CDMA phone $50…$100 and click “search.” To see these results, follow this link.

Do Quick Math Problems – A couple of the editors at AskTheManager.com no longer have calculators on their desks at work or at home. They claim that between Google and Excel they can work more efficiently than with an old fashioned ten-key. For Google, they simply enter the math problem they wish to solve in plain language. For example, if you wanted to multiply 750 by 324 you would enter 750*324 into Google and click “search.” To see these results, follow this link.

Get a Quick Stock Quote – Entering stocks:symbol will return the current stock data for any publicly traded company. For example, you would enter stocks:goog to find the current price for shares of Google. To see the current market price for a share of Google, follow this link.

Get a Quick Weather Forecast – Enter weather:zip code (or city, state) and you’ll instantly get a four-day forecast for that area. Viewing the current forecast for Beverly Hills, CA, for example, is as easy as entering weather:90210 and clicking search (or following this link).

Find Movie Times in your AreaMovie:zip code (or city, state) gets you all of the movie showtimes (plus reviews) for anywhere you wish. To see the current showtimes in Beverly Hills, follow this link.

Find the Definition of a Word – One of our favorite Google shortcuts should get even the most ardent paper dictionary supporter to come to the dark side. Typing define:word (where “word” represents the word you wish to define) will get you the definition for any word you wish. For example, to see the definition of the word “leader,” follow this link. 

Of course, there are scores of Google shortcuts, though these are the ones we find the most helpful in making us more productive. Got a favorite shortcut or a way you use Google to save time that we failed to mention? Just leave us a comment below…

 

It’s the Leadership, Stupid – Why the Economy is in the Toilet…

It’s the Leadership, Stupid

These past few months have seen the greatest turmoil in the worldwide credit and stock markets most of us have ever experienced. With depression-like drops in equities and recession-like layoffs, foreclosures and bankruptcies, nearly everyone has been too busy bailing water to blame the Captain… until now.

While much of the culpability for the current economic crisis will surely be laid at the feet of a lame duck president, government regulators, and greedy real estate speculators, the real origins of today’s woes are the misguided leaders of the once great companies that are at the center of this mess. Though we may lose sight of this during a tumultuous presidential race and our own personal issues, history will show that we are on the brink of an economic disaster driven by personal greed and virtually nothing else.

Of course, Richard Fuld (former CEO of bankrupt Lehman Brothers) and Daniel Mudd and Richard Syron (former CEOs of credit-crisis-causing Fannie Mae and Freddie Mac, respectively) will undoubtedly argue that all of their moves were designed to help others (shareholders and homeowners). They’ll claim, as other White Collar criminals before them have argued, that they were not made aware of the risks associated with their mismanagement. In fact, if these men are able to avoid prison, they’ll surely be back at the helm of something, making millions because of their connections and not their leadership.

It’s Time for Change

If Barack Obama had one thing right in the presidential race, it’s that we need change in this country. Not necessarily political change (hasn’t Obama’s party been in control of Congress throughout this mess?), but Leadership change.

Boards of publicly traded companies too often choose the ineffective or ill-equipped to run their enterprises. When times are good, they allow their management teams to run amuck in their excesses. Perks are one thing – in fact, they’re vital to attracting and maintaining the right talent – but foolishly spending the shareholders’ return is something entirely different. Most boards, it seems, look the other way and do not demand accountability until it is too late.

It’s Time for Accountability in Leadership

The “perp walk” of Dick Fuld and his ilk that is sure to come will not be enough to satisfy the AskTheManager editors that we’re making the right changes for American business. While Fuld will most likely be held accountable in criminal proceedings, he is not alone in the culpability department at Lehman. Lehman Brothers did not fail because of one man’s inability to manage himself out of a paper bag. The Lehman board is every bit as culpable and should be help every bit as accountable as Dick Fuld.

Board seats are coveted, cherished, and often financially rewarding. You cannot simply “apply” to become a board member – you have to be invited. While many board members posses a terrific track record running some of the most successful companies in the world, too often board members are unqualified boobs who happen to have friends in the right places.




Given this, perhaps we can create a new saying in American business: Those who can, do. Those who can’t, serve as CEO. Those who can’t serve as CEO, sit on the board.

The Next Perp Walk

Civil remedies alone are not enough to properly shock board members into acting responsibly (or turning down board posts they’re not qualified to hold). It’s time for change in the way we treat board members in America. It’s time we introduced them to the criminal justice system.

Collecting a six figure paycheck for showing up to four meetings a year and allowing an unqualified CEO to pull the wool over your eyes is more than irresponsible – it’s reckless. In the past, reckless actions like we’ve seen from the Lehman board and others have only led to a short term decrease in share value. Today, they’re helping to fuel the greatest economic fire since the 1930s.

It’s time we put a few of these board members in jail. Only then could clear out some of the most ineffective boards of all time and staff them with shareholder advocates, committed to service and dedicated to driving leadership through their management teams.