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Archives for May 2015

Inspirational Quotations #582

May 30, 2015 By Nagesh Belludi Leave a Comment

Successful people are the ones who think up things for the rest of the world to keep busy at.
—Don Marquis (American Humorist)

What holds most people back isn’t the quality of their ideas, but their lack of faith in themselves.
—Russell Simmons (American Entrepreneur)

Jealousy is the most dreadfully involuntary of all sins.
—Iris Murdoch (English Novelist)

There’s no correlation between how good your idea is and how likely your organization will be to embrace it.
—Seth Godin (American Entrepreneur)

If you can speak what you will never hear, if you can write what you will never read, you have done rare things.
—Henry David Thoreau (American Philosopher)

The happy life is thought to be one of excellence; now an excellent life requires exertion, and does not consist in amusement.
—Aristotle (Ancient Greek Philosopher)

By the disposition of a stupendous wisdom, moulding together the great mysterious incorporation of the human race, the whole, at one time, is never old, or middle-aged, or young, but moves on through the varied tenor of perpetual decay, fall, renovation, and progression.
—Edmund Burke (Irish Political leader)

Even a happy life cannot be without a measure of darkness, and the word happy would lose its meaning if it were not balanced by sadness. It is far better take things as they come along with patience and equanimity.
—Carl Jung (Swiss Psychologist)

The weak are more likely to make the strong weak than the strong are likely to make the weak strong.
—Marlene Dietrich (German-born American Actor)

The praise of a fool is incense to the wisest of us.
—Benjamin Franklin (American Political leader)

Filed Under: Inspirational Quotations

Inspirational Quotations #581

May 24, 2015 By Nagesh Belludi Leave a Comment

I venerate old age; and I love not the man who can look without emotion upon the sunset of life, when the dusk of evening begins to gather over the watery eye, and the shadows of twilight grow broader and deeper upon the understanding.
—Henry Wadsworth Longfellow (American Poet)

When you accept yourself completely you do not have to maintain a phony front, drive yourself to “achieve” or feel insecure if people tune-in to you and what you are doing.
—Ken Keyes, Jr. (American Motivational Speaker)

Dreams are real as long as they last. Can we say more of life?
—Havelock Ellis (British Sexologist)

The greatest deception men suffer is from their own opinions.
—Leonardo da Vinci (Italian Polymath)

What I need is someone who will make me do what I can.
—Ralph Waldo Emerson (American Philosopher)

Justice consists in doing no injury to men; decency in giving them no offense.
—Cicero (Roman Philosopher)

The cat, having sat upon a hot stove lid, will not sit upon a hot stove lid again. But he won’t sit upon a cold stove lid, either.
—Mark Twain (American Humorist)

All good books are alike in that they are truer than if they had really happened and after you are finished reading one you will feel that all that happened to you and the afterwards it all belongs to you; the good and the bad, the ecstasy, the remorse, and sorrow, the people and places and how the weather was.
—Ernest Hemingway (American Author)

True art is characterized by an irresistible urge in the creative artist.
—Albert Einstein (German-born Theoretical Physicist)

Attach yourself to those who advise you rather than praise you.
—Nicolas Boileau-Despreaux

Out of suffering have emerged the strongest souls; the most massive characters are seamed with scars; martyrs have put on their coronation robes glittering with fire, and through their tears have the sorrowful first seen the gates of Heaven.
—Edwin Hubbell Chapin (American Universalist Preacher)

The good life is inspired by love and guided by knowledge.
—Bertrand A. Russell (British Philosopher)

Filed Under: Inspirational Quotations

Starbucks’s Comeback // Book Summary of Howard Schultz’s ‘Onward’

May 19, 2015 By Nagesh Belludi Leave a Comment

Starbucks founder, Chairman, and CEO Howard Schultz’s “Onward: How Starbucks Fought for Its Life without Losing Its Soul” is an interesting case study of organizational change as orchestrated by a passionate entrepreneur. The book covers the first two years of the turnaround of Starbucks after Schultz returned as CEO.

'Onward: How Starbucks Fought for Its Life without Losing Its Soul' by Howard Schultz, Joanne Gordon (ISBN 1609613821) In 2007, in the face of falling consumer spending and the upcoming Great Recession, the consumer discretionary sector was hit hard. Like other companies in that realm, Starbucks’ sales and profitability had dropped. The company’s stock price plummeted after Wall Street pared the rich valuations (high price-to-earning) of the company’s once-hot growth stock. Through these trials, Schultz worked at the company’s Seattle headquarters as chairman. Even after retiring as CEO in 2001, he had never left the company entirely and had even interjected often during Starbucks’ presentations to investors.

Starbucks’ financial under-performance was likely as much due to the economic slowdown as it was self-inflicted. In an apparent instance of misplaced cause-and-effect, Schultz blamed the company’s leadership for focusing too much on rapid expansion, opening too many stores, and diluting the in-store Starbucks experience. Behind the CEO’s back, Schultz started working with strategy consultants and other board members to develop a “transformational agenda” centered on the core values of the company he had founded in 1982.

In January 2008, Schultz invited the CEO home on a Sunday evening, fired him, and assumed the CEO position for a second stint. Over the next two years, Schultz rejuvenated the company’s mojo by making operational improvements and focusing on employee engagement, Starbucks’ specialty coffee products and its distinctive in-store customer experience.

Schultz’s vision, focus, and execution of this transformation makes up the bulk of “Onward”. One dominant theme in the book is founder’s syndrome—the intense reluctance of entrepreneurs like Schultz to cede control of their businesses.

Towards the end of 2009 (when “Onward” was authored,) the economy started to improve. A measured recovery in consumer confidence invigorated the fortunes of most consumer discretionary companies that had suffered during the downturn. At Starbucks, customers returned to stores and spent more. Sales and profitability improved. The company’s valuation on Wall Street soared again. Conceivably, Starbucks may have enjoyed a comeback even if Schultz had remained just the chairman, retained and supported the CEO, and worked with the company’s leadership team to initiate course corrections.

That Starbucks continues to be an American success story and has done extraordinarily well to date under Schultz’s leadership is one more instance of a beloved fairy tale in the world of business—that of a company in distress rescued by the return of its visionary founder.

“Onward” is Schultz’s somewhat grandiose narrative of his return as CEO. The 350-page book is brimming with peripheral details, self-congratulatory superlatives, recurring claims, and Pollyanna-isms that are illustrative of a charismatic entrepreneur and a brilliant corporate cheerleader.

Recommendation: Skim. (For Starbucks aficionados: Read.)

Wondering what to read next?

  1. Book Summary of Nicholas Carlson’s ‘Marissa Mayer and the Fight to Save Yahoo!’
  2. Book Summary of Donald Keough’s ‘Ten Commandments for Business Failure’
  3. How Starbucks Brewed Success // Book Summary of Howard Schultz’s ‘Pour Your Heart Into It’
  4. Don’t Be A Founder Who Won’t Let Go
  5. The Spectacular Rise and Fall of Avon’s Andrea Jung // Book Summary of Deborrah Himsel’s ‘Beauty Queen’

Filed Under: Leadership Reading Tagged With: Books, Change Management, Entrepreneurs, Starbucks, Winning on the Job

Inspirational Quotations #580

May 17, 2015 By Nagesh Belludi Leave a Comment

An Italian philosopher said that “time was his estate” an estate indeed which will produce nothing without cultivation, but will always abundantly repay the labors of industry, and generally satisfy the most extensive desires, if no part of it be suffered to lie in waste by negligence, to be overrun with noxious plants, or laid out for show rather than for use.
—Samuel Johnson (British Essayist)

Good leaders make people feel that they’re at the very heart of things, not at the periphery. Everyone feels that he or she makes a difference to the success of the organization. When that happens people feel centered and that gives their work meaning.
—Warren Bennis (American Scholar)

I had rather have a fool to make me merry than experience to make me sad.
—William Shakespeare (British Playwright)

When something does not insist on being noticed, when we aren’t grabbed by the collar or struck on the skull by a presence or an event, we take for granted the very things that most deserve our gratitude.
—Cynthia Ozick

In the hope of reaching the moon men fail to see the flowers that blossom at their feet.
—Albert Schweitzer (French Theologian)

It is not only what we do, but also what we do not do for which we are accountable.
—Moliere (French Playwright)

Faith is a living and unshakable confidence, a belief in the grace of God so assured that a man would die a thousand deaths for its sake.
—Martin Luther (German Protestant Theologian)

If the pain wanders, do not waste your time with doctors.
—Mignon McLaughlin (American Journalist)

Filed Under: Inspirational Quotations

Inspirational Quotations #579

May 10, 2015 By Nagesh Belludi Leave a Comment

Many talk like philosophers yet live like fools.
—Common Proverb

To do the useful thing, to say the courageous thing, to contemplate the beautiful thing: that is enough for one man’s life.
—T. S. Eliot (American-born British Poet)

Embraces are cominglings from the head even to the feet, and not a pompous high priest entering by a secret place.
—William Blake (English Poet)

For knowledge, too, is itself power.
—Francis Bacon (English Philosopher)

Everybody can be great. Because anybody can serve. You don’t have to have a college degree to serve. You don’t have to make your subject and verb agree to serve. You don’t have to know about Plato and Aristotle… (or) Einstein’s Theory of Relativity … (or) the Second Theory of Thermodynamics in physics to serve. You only need a heart full of grace. A soul generated by love.
—Martin Luther King, Jr. (American Civil Rights Leader)

When thinking won’t cure fear, action will.
—W. Clement Stone (American Businessperson)

Positive thinking will let you do everything better than negative thinking will.
—Zig Ziglar (American Author)

When we know how to read our own hearts, we acquire wisdom of the hearts of others.
—Denis Diderot (French Philosopher)

What a man knows should find its expression in what he does; the value of superior knowledge is chiefly in that it leads to a performing manhood.
—Christian Nestell Bovee

Big ideas are little ideas that no-one killed too soon.
—Seth Godin (American Entrepreneur)

An angry man is again angry with himself when he returns to reason.
—Publilius Syrus (Syrian-born Latin Writer)

It is impossible on reasonable grounds to disbelieve miracles.
—Blaise Pascal (French Catholic Mathematician)

Just as courage imperils life; fear protects it.
—Leonardo da Vinci (Italian Polymath)

A great literature is chiefly the product of inquiring minds in revolt against the immovable certainties of the nation.
—H. L. Mencken (American Journalist)

It is ridiculous for any man to criticize the works of another if he has not distinguished himself by his own performances.
—Joseph Addison (English Essayist)

If you want to be important – that’s wonderful. If you want to be great – that’s wonderful. But recognize that he who is greatest among you shall be your servant. That’s your new definition of greatness – it means that everybody can be great because everybody can serve. You don’t have to know about Plato and Aristotle to serve. You don’t have to know the second law of thermodynamics to serve. You only need a heart full of grace, a soul generated by love…
—Martin Luther King, Jr. (American Civil Rights Leader)

Those people who are uncomfortable in themselves are disagreeable to others.
—William Hazlitt (English Essayist)

Filed Under: Inspirational Quotations

Inspirational Quotations #578

May 3, 2015 By Nagesh Belludi Leave a Comment

In contemplation, if a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts, he shall end in certainties. They are ill discoverers that think there is no land, when they can see nothing but sea.
—Francis Bacon (English Philosopher)

It is change, continuing change, inevitable change, that is the dominant factor in society today. No sensible decision can be made any longer without taking into account not only the world as it is, but the world as it will be. This, in turn, means that our statesmen, our businessmen, our every man must take on a science fictional way of thinking.
—Isaac Asimov (Russian-born American Children’s Books Writer)

Truth will ultimately prevail where there are plans taken to bring it to light.
—George Washington (American Head of State)

All men have happiness as their object: there are no exceptions. However different the means they employ, they aim at the same end.
—Blaise Pascal (French Catholic Mathematician)

Admonish your friends privately, but praise them openly.
—Publilius Syrus (Syrian-born Latin Writer)

Achievement is not always success while reputed failure often is. It is honest endeavor, persistent effort to do the best possible under any and all circumstances.
—Orison Swett Marden (American New Thought Writer)

The ultimate reason for setting goals is to entice you to become the person it takes to achieve them.
—Jim Rohn (American Entrepreneur)

The tender friendships one gives up, on parting, leave their bite on the heart, but also a curious feeling of a treasure somewhere buried.
—Antoine de Saint-Exupery (French Novelist, Aviator)

Don’t lower your expectations to meet your performance. Raise your level of performance to meet your expectations. Expect the best of yourself, and then do what is necessary to make it a reality.
—Ralph Marston

Many people would be more truthful were it not for their uncontrollable desire to talk.
—E. W. Howe (American Novelist)

Filed Under: Inspirational Quotations

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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Unless otherwise stated in the individual document, the works above are © Nagesh Belludi under a Creative Commons BY-NC-ND license. You may quote, copy and share them freely, as long as you link back to RightAttitudes.com, don't make money with them, and don't modify the content. Enjoy!