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Ideas for Impact

Nagesh Belludi

Inspirational Quotations #153

January 22, 2007 By Nagesh Belludi Leave a Comment

Boredom is the feeling that everything is a waste of time; serenity, that nothing is.
—Thomas Szasz (Hungarian Psychiatrist)

No bird soars too high if he soars with his own wings.
—William Blake (English Poet)

It is impossible to win the great prizes of life without running risks, and the greatest of all prizes are those connected with the home.
—Theodore Roosevelt (American Head of State)

Be neither a conformist or a rebel, for they are really the same thing. Find your own path, and stay on it.
—Paul Vixie (American Scientist)

In actual life every great enterprise begins with and takes its first step forward in faith.
—August Wilhelm Schlegel

Just because something is tradition doesn’t make it right.
—Anthony J. D’Angelo

To be on a quest is nothing more or less than to become an asker of questions.
—Sam Keen

Never forget that only dead fish swim with the stream.
—Malcolm Muggeridge (English Journalist)

There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.
—Peter Drucker (Austrian-born Management Consultant)

Happiness grows at our own firesides, and is not to be picked in stranger’s gardens.
—Douglas William Jerrold (English Dramatist)

Filed Under: Inspirational Quotations

Inspirational Quotations #152

January 15, 2007 By Nagesh Belludi Leave a Comment

Most human beings have an almost infinite capacity for taking things for granted.
—Aldous Huxley (English Humanist)

Confidence is a habit that can be developed by acting as if you already had the confidence you desire to have.
—Brian Tracy (American Author)

Expect nothing, live frugally on surprise.
—Alice Walker

Expect nothing. Live frugally on surprise.
—Alice Walker

Examine the contents, not the bottle.
—The Talmud (Sacred Text of the Jewish Faith)

The moment avoiding failure becomes your motivation, you’re down the path of inactivity. You stumble only if you’re moving.
—Roberto Goizueta (Cuban Businessperson)

Don’t brood. Get on with living and loving. You don’t have forever.
—Leo Buscaglia (American Motivational Speaker)

To get to heaven we must take it with us.
—Henry Drummond

If everyone is thinking alike, then somebody isn’t thinking.
—George S. Patton (American Military Leader)

Throw a lucky man into the sea, and he will come up with a fish in his mouth.
—Arabic Proverb

Filed Under: Inspirational Quotations

Two Essential PowerPoint Slideshow Tips

January 14, 2007 By Nagesh Belludi 1 Comment

‘B’ for Blank Screen, ‘W’ for White Screen

Powerpoint slideshow: Presenter should be the focusDuring a presentation, when you are running a slideshow in PowerPoint, you may want to divert the attention of your audience away from the contents of your PowerPoint slide. When you are answering a question on a topic unrelated to a current slide, you may not want the audience to focus on the illustrations or graphs on your slide. Instead, you may want to be the focus of their attention.

  • If you press the ‘B’ key or the ‘.’ key during your PowerPoint slideshow, the screen will go blank. This will enable you to redirect your audience’s attention to yourself and your talk. When you are ready to continue, press the ‘B’ key or the ‘.’ key to resume the slideshow.
  • Alternately, press the ‘W’ key or the ‘,’ key to display a white screen. Press the ‘W’ key or the ‘,’ key a second time to resume the slideshow.

In general, it is always a good idea to have a blank screen to help get your audience to focus on you when beginning or concluding your presentation, introducing yourself or answering questions. The later versions of Microsoft PowerPoint end with a blank “End of slideshow, click to exit” screen by default.

[Number] + Enter to Transit to a Particular Slide

As with all communication processes, your PowerPoint slides and verbal presentation should consist of a logical flow of ideas and supporting material. Unfortunately, presenters often overlook this necessity.

Presenters habitually transit to a prior slide to show a graph or some data— “As I said in slide four…let me go to slide number four…here it is… .” Alternately, they sometimes transit to a further slide or to a slide in the appendix— “Edward, I am glad you brought that up…in fact, I included a chart in the last slide…let me show it to you now… .”

Moving to a prior slide or a further slide (by using the ‘Page Up’ or ‘Page Down’ keys) can distract the audience. If you must transit to a particular slide, hit the slide number and press ‘Enter.’ Note down the current slide number to use when you want to resume the slideshow. Refer to your handouts or a printout of your slideshow for slide numbers.

Additional

  • In the PowerPoint slideshow mode, hit the ‘F1’ key to access a list of keyboard shortcuts you can use during slideshows.
  • My article from November, ‘You, not Your Slides, are Your Presentation,’ offers tips on engaging your audience during public speaking.

Wondering what to read next?

  1. Pre-Wiring Presentations to Key Audience for Buy-In
  2. How to … Streamline Your Speech
  3. Empower Your Problem-Solving with the Initial Hypothesis Method
  4. Facts Alone Can’t Sell: Lessons from the Intel Pentium Integer Bug Disaster
  5. A Little-Known Public-Speaking Tip

Filed Under: Effective Communication Tagged With: Presentations

How Hard You Should Work

January 12, 2007 By Nagesh Belludi Leave a Comment

People are surprised when I tell them I put in 70 to 75 hours of work every week and get about five hours of sleep every day. The typical responses are “Your Company makes you do that much work?” Or, “Doesn’t your boss realize that is a lot of work?”

The New World of Work

We live in a world characterized by intense competition, globalization, greater volatility than before, and demands for higher personal effectiveness. To be successful in the new world of work, we cannot stipulate the specific number of hours we should put in every day. Our accomplishment in these hours, not the number of hours, is the yardstick of our performance assessment. In fact, a 65 to 70 hour workweek has become the norm for getting ahead in leadership roles.

What Works for You

My guideline for how long you should work is, “Work as many hours as you think you need to achieve your goals, realize your aspirations and be happy.”

Note the emphasis on individuality in the above statement. Not everybody faces the same kind of demands; not everybody is equally productive. Nor does everybody have the same kind of aspirations. The number of hours you should work should depend on the opportunities you face and what you intend to do with them. It is a choice you have to make—a choice between components of your personal and professional lives.

If you are an entrepreneur, you may need to work 80-90 hours a week developing your idea; this involves sacrificing out-of-work activities. If you have an eight-to-five job, wish to spend lots of time with family and attend all of your son’s football games, you may work as little as forty hours a week, the minimum expected at your workplace. However, this may involve slower job growth. If you are a stay-at-home mom, and would like to put your engineering skills to good use, you may find a job that will allow you to work out of home. Make the appropriate choices and chart your life course on what works best for you.

Links

  • A year-2002 study conducted by the National Sleep Foundation concluded that the average American employee works 46 hours per week; see reference.
  • General Electric’s Chairman and CEO, Jeffrey Immelt is regarded as one of the hardest working executives in corporate America. An article written by Geoffrey Colvin of the Fortune magazine in September 2005 quotes Jeff Immelt saying he works 100 hours a week. See this article for insights to Jeff’s disciplined work style.

Wondering what to read next?

  1. Don’t Let Interruptions Hijack Your Day
  2. Don’t Ruminate Endlessly
  3. Why You Should Celebrate Small Wins
  4. This Question Can Change Your Life
  5. How to Prevent Employee Exhaustion

Filed Under: Sharpening Your Skills Tagged With: Time Management

Inspirational Quotations #151

January 8, 2007 By Nagesh Belludi Leave a Comment

Climb high, climb far.|Your goal is the sky, your aim the star.
—Unknown

The only person who is educated is the one who has learned how to learn … and change.
—Carl Rogers (American Psychologist)

By depending on the great,|The small may rise high.|See: the little plant ascending the tall tree|Has climbed to the top.
—Sakya Pandita

Learn to be silent. Let your quiet mind listen and absorb.
—Pythagoras (Greek Philosopher)

Ignorance, the root and the stem of every evil.
—Plato (Ancient Greek Philosopher)

When you get into a tight place, and everything goes against you till it seems as if you could n’t hold on a minute longer, never give up then, for that ‘s just the place and time that the tide ‘ll turn. Never trust to prayer without using every means in your power, and never use the means without trusting in prayer.
—Harriet Beecher Stowe (American Abolitionist)

The basic test of freedom is perhaps less in what we are free to do than in what we are free not to do.
—Eric Hoffer (American Philosopher)

There is no gathering the rose without being pricked by the thorns.
—Panchatantra

There is one art of which every man should be a master—the art of reflection.—If you are not a thinking man, to what purpose are you a man at all?
—Samuel Taylor Coleridge (English Poet)

Filed Under: Inspirational Quotations

Expressing regret or apologizing: A critical component of leadership

January 7, 2007 By Nagesh Belludi 2 Comments

Marshall Goldsmith, one of the world’s leading executive coaches, will release a new book on leadership skills next week. In ‘What Got You Here Won’t Get You There,’ Marshall focuses on interpersonal skills essential to lead people to get ahead in our careers.

In the current issue of the Business Week magazine, Marshall offers previews of two of the twenty critical interpersonal skills he covers in his book: (1) clinging to the past, and, (2) refusing to express regret.

On Refusing To Express Regret

Here are highlights of Marshall’s write-up on apologizing. Read the full article on Business Week magazine’s website.

  • Many of us have difficulty with expressing regret, or apologizing; we think apologizing means we have lost a contest. Refusing to apologize causes as much ill will in the workplace, and at home, as any other interpersonal flaw. [My note: I paraphrased the first sentence.]
  • Apologizing is one of the most powerful and resonant gestures in the human arsenal–almost as powerful as a declaration of love. If love means, “I care about you, and I’m happy about it,” then an apology means, “I hurt you, and I’m sorry about it.” It compels people to move forward into something new and, perhaps, wonderful together.
  • The best thing about apologizing is that it forces everyone to let go of the past. In effect, you are saying: “I can’t change the past. All I can say is I’m sorry for what I did wrong. I’m sorry it hurt you. There’s no excuse and I will try to do better in the future.” That’s tough for even the most cold-hearted to resist.

Making Mistakes is Human Nature

We all err from time to time. Our reaction and follow-up to our errors and missteps reflects greatly on our character. Recognize your slip-ups, express regret and say ‘Sorry.’

Humbly admitting mistakes and apologizing is a critical component of leadership, both in our personal and professional lives. Admission of mistakes and careful distillation of lessons learned, in fact, can strengthen the bond between you and the people around you.

Filed Under: Sharpening Your Skills

Home Depot Stock Underperformance: Who’s to Blame?

January 5, 2007 By Nagesh Belludi Leave a Comment

Home Depot Chairman and CEO Robert Nardelli resigned on Wednesday. Since early 2006, Nardelli had been under a fair amount of criticism from investors primarily for disproportionate compensation and poor performance of Home Depot’s stock [HD].

In May of last year, the New York Times estimated that Nardelli had received compensation worth $245 million during the first five years of heading the company. During this time, Home Depot’s stock had slid some. The stock performance was especially poor when compared to that of Home Depot’s archrival, Lowe’s [LOW].

Is the company management completely at fault for the fact that the share price has gone nowhere in the last six years? After all, during Nardelli’s tenure, Dec-2000 to Jan-2007, Home Depot’s has grown significantly and profit margins have improved. Here are key numbers (2007 data are Wall Street consensus estimates for the financial year ending 31-Jan-2007.)

  • Revenues increased from 45.7 billion to 91.0 billion, an increase of 100%
  • Net income increased from 2.6 billion to 6.2 billion, an increase of 140%
  • Earning per share (EPS) increased from $1.10 to $2.95, an increase of 170%
  • Dividends (per share) increased from $0.16 to $0.90, an increase of 460%

Lesson for Investors: Perspective in Valuation

During the late eighties and nineties, Home Depot grew exponentially under the leadership of its founders. Naturally, its stock was very popular on Wall Street and attracted rich valuations. The Price to Earning ratio (P/E) of the stock was high; so was the PEG ratio (the ratio of P/E to growth rate). Investors ‘bought high’ and ‘sold high’ during this period: they purchased at rich valuations and sold at rich valuations, as with any other growth stock.

Home Depot Stock Underperformance: Who is to Blame?

After Nardelli assumed leadership of the company in December 2000, investors continued to expect richer valuations. In the post-bubble period, Home Depot’s stock lost its sheen; it lost the rich valuations it once attracted. Its P/E ratio was now comparable to that of mature companies. Further, stocks of large, blue chip companies (GE, Intel, Microsoft, Wal-Mart, Citigroup, Pfizer, etc.) went out of favor on Wall Street from year 2001. Despite impressive earnings growths, these companies have suffered from decreased interest in their stocks (see story and chart on Business Week’s cover story and accompanying chart from April 2006.)

Investors often have undue expectations of stock prices of rapid-growth companies and lack perspective on stock valuations as such companies mature.

Filed Under: Business Stories, News Analysis

How to Help People Pursue Conversations after Introducing Them

January 3, 2007 By Nagesh Belludi 1 Comment

Many people have difficulty with starting conversations and engaging in small talk in unfamiliar social situations. They do not have much to say when introduced to new people at parties, meetings or formal gatherings. As a host or fellow-attendee, you can help.

Say you are presenting people to one another. In addition to stating each person’s name, add a snippet of information about a topic of common interest. Do not elaborate. This will help them connect and pursue a conversation.

Here is an example: “Hey Charlie. This is Sarah, my colleague from work. [Pause for pleasantries.] Sarah’s daughter just returned from Spain after a semester of the ‘Study Abroad’ program. Charlie, wasn’t your daughter thinking of enrolling in the program?”

In a future blog article, I will write about the protocol for introducing people to one another in gatherings.

Wondering what to read next?

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  2. Witty Comebacks and Smart Responses for Nosy People
  3. Signs Your Helpful Hand Might Stray to Sass
  4. Avoid Trigger Words: Own Your Words with Grace and Care
  5. Stop Getting Caught in Other People’s Drama

Filed Under: Effective Communication, Managing People Tagged With: Conversations, Social Life

Leadership and the Tao; Greetings for the New Year

January 1, 2007 By Nagesh Belludi Leave a Comment

About 2400 years ago, Chinese philosopher Lao Tzu wrote in his classic Tao Te Ching,

The highest type of ruler is one of whose existence
the people are barely aware.
Next comes one whom they love and praise.
Next comes one whom they fear.
Next comes one whom they despise and defy.

When you are lacking in faith,
Others will be unfaithful to you.

The Sage is self-effacing and scanty of words.
When his task is accomplished and things have been completed,
All the people say, “We ourselves have achieved it!”

Are your people the core of your own leadership model? In the New Year, how will use this ancient wisdom to inspire people around you to grow and contribute? How will you empower them?

Wish you all a bright, prosperous, inspired New Year!

Wondering what to read next?

  1. Confucius on Dealing with People
  2. To Know Is to Contradict: The Power of Nuanced Thinking
  3. There’s Real Danger in Religious Illiteracy
  4. Marie Kondo is No Cure for Our Wasteful and Over-consuming Culture
  5. Book Summary of Erich Fromm’s ‘The Art of Loving’

Filed Under: Managing People, Sharpening Your Skills Tagged With: China, Philosophy

Inspirational Quotations #150

December 31, 2006 By Nagesh Belludi Leave a Comment

Ideas won’t keep; something must be done about them.
—Alfred North Whitehead (English Mathematician)

There’s only one corner of the universe you can be certain of improving, and that’s your own self. So you have to begin there, not outside, not on other people. That comes afterward, when you’ve worked on your own corner.
—Aldous Huxley (English Humanist)

I am fundamentally an optimist. Whether that comes from nature or nurture, I cannot say. Part of being an optimist is keeping one’s head pointed toward the sun, one’s feet moving forward.
—Nelson Mandela (South African Political leader)

The moment one gives a close attention to anything, even a blade of grass, it becomes a mysterious, awesome, indescribably magnificent world unto itself.
—Henry Miller (American Novelist)

The mere apprehension of a coming evil has put many into a situation of the utmost danger.
—Lucian

One can acquire everything in solitude but character.
—Stendhal (Marie-Henri Beyle) (French Writer)

He who strikes terror in others is himself continually in fear.
—Claudian (Roman Poet)

A goal properly set is halfway reached.
—Zig Ziglar (American Author)

Sure I love Goldie. How could you not love Goldie? Everyone loves Goldie. I love her, and I hope our love will continue, but I don’t want to give an I-love-Goldie-Hawn interview.
—Kurt Russell

Clear thinking requires courage rather than intelligence.
—Thomas Szasz (Hungarian Psychiatrist)

You do not really know your friends from your enemies until the ice breaks.
—Icelandic Proverb

There is no power on earth that can neutralize the influence of a high, simple and useful life.
—Booker T. Washington (American Educator)

I can tell you, honest friend, what to believe: believe life; it teaches better that book or orator.
—Johann Wolfgang von Goethe (German Poet)

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!