Updated: 5/1/09; 12:27:47 AM.
Gary Mintchell's Feed Forward
Manufacturing and Leadership.
        

Monday, April 6, 2009

First Monday of April, major league baseball opening day, it's snowing. We can do soccer in the snow, but baseball is meant for lazy summer days (remember when there were lazy summer days?).

I'm reading often about the Federal government stepping in and demanding changes to companies who thought they'd get free taxpayer money to keep on doing the same money-losing strategies they have been doing. My question--where in the heck were the boards of directors. Business theorists have been writing for many years about the need for corporate board responsibility. They still don't get it. CEOs know that their primary job is 1) negotiate the best deal for themselves including exit pay and 2) keep the board in their pocket. Running the company follows way behind those for way too many of these people. If you are going to Washington looking to get bailed out, that means you've failed your responsibilities to your company, shareholders, employees, suppliers and customers. You should be on the unemployment line with all those you put there. Not walking away with $20 million. We seem to be in an era of too few real leaders in business.

But you, all of my readers, I know that you've decided to continue to develop competence and hone leadership to help get us out of this mess. Here's a thought from Michael Arrington, founder of TechCrunch, about business books--quit reading them (or at least don't spend so much time on them). Read science fiction instead--something that will stoke your imagination and get you thinking about alternatives.

Or, maybe you sat down at the end of last year and made some decisions about what you'd do differently this year. Some call these New Year's Resolutions. But, you have not lived up to those expectations. The ZenHabits blog offers a few ideas for getting back on track.

10:25:21 AM    comment []

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