• Skip to content
  • Skip to primary sidebar

Right Attitudes

Ideas for Impact

Business Stories

No Amount of Shared Triumph Makes a Relationship Immune to Collapse

June 16, 2025 By Nagesh Belludi Leave a Comment

The Bill Gates-Steve Ballmer Saga: Anicca and the Fragility of Bonds It’s heartening to see Steve Ballmer and Bill Gates sitting together with Satya Nadella to mark Microsoft’s 50-year milestone.

If ever a partnership embodied the sheer force of technological ambition, it was theirs. Few in history have generated as much wealth or propelled society forward with such far-reaching innovations. College friends from Harvard, they forged a unique alliance that drove Microsoft from its nascent stages. Their shared passion for technology fueled a brotherly dynamic, marked by intense camaraderie and frequent, spirited disagreements. These clashes, often born from their deep commitment to Microsoft’s vision, were a hallmark of their collaboration. Yet time inevitably deepened fractures, widening them into a chasm of competing visions and executive tensions.

In the rarefied atmosphere of corporate dominance, friendships are tested not by petty grievances but by grand ideological disputes over an industry’s future. Microsoft’s shift toward hardware under Ballmer’s late tenure—a move Gates was reportedly less than enthused about—became the wedge that drove them apart. And really, there’s something tragic in that. When two people have navigated an entire technological revolution together—made decisions that reshaped economies and personal computing itself—it seems unfair that something as pedestrian as strategic discord should undo decades of partnership. But leadership has a peculiar way of turning once-aligned minds into adversaries. The very qualities that made them an unstoppable duo—the confidence, the intensity, the refusal to back down—ensured that when they finally clashed, it was not over trivial disputes but the weight of conviction.

If Gates and Ballmer’s story reveals anything, it’s that relationships, no matter how formidable they appear, are fragile. They operate on a delicate equilibrium of trust, shared vision, and, crucially, a mutual commitment to the third entity—not just “me” or “you,” but the us that emerges in any meaningful bond. A relationship isn’t simply two people exchanging words and nodding along to each other’s ambitions; it’s a distinct, evolving structure that must be nurtured like any living thing. Ignore it too long—let personal priorities overshadow the collective effort—and the foundation weakens. In Microsoft’s case, the us that Gates and Ballmer cultivated for decades became untenable when their ambitions diverged irreconcilably. The sense of joint purpose faded, replaced by frustration, strategic disagreements, and the realization that neither would bend toward the other’s future.

That inherent fragility isn’t confined to boardrooms. It plays out in friendships, marriages, creative collaborations, and even casual acquaintances. The expectation of permanence—that comforting yet wholly misguided belief that great bonds are immune to external forces—is often what makes their erosion so jarring. When a once-unbreakable connection weakens, it can feel not just like loss but like a betrayal of everything built before. The past, once a steady foundation, becomes a burden. Resentment festers, assumptions go unchecked, and eventually, the inevitable rupture occurs. And yet, relationships have an odd way of being neither permanent nor entirely transient. As Gates and Ballmer’s more recent reunion suggests, some bonds don’t fully dissolve—they simply change shape. The early intensity of their partnership may have faded, but the shared history and mutual respect remain.

The impermanence of human relationships is not their failure but their nature. There’s a distinctly Buddhist quality to this cycle of attachment, separation, and reconnection. The concept of anicca reminds us that everything—from empires to personal friendships—is in constant flux. Clinging to the idea of unchanging relationships only leads to disappointment. Accepting their evolution allows for a different kind of appreciation—one rooted not in illusion, but in understanding.

Idea for Impact: The Gates-Ballmer saga reveals a bitter truth about the nature of life: great partnerships don’t fail—they collide, undone by ambition and the refusal to yield. To mourn their fracture is to misread history. The transience of relationships isn’t weakness but inevitability, and even the grandest alliances may eventually bow to time and competing will.

Wondering what to read next?

  1. Could Limiting Social Media Reduce Your Anxiety About Work?
  2. How Not to Handle a Bad Boss
  3. Managerial Lessons from the Show Business: Summary of Leadership from the Director’s Chair
  4. What to Do When Your Boss Steals Your Best Ideas
  5. The High Cost of Winning a Small Argument

Filed Under: Business Stories, Managing People, Mental Models Tagged With: Assertiveness, Bill Gates, Buddhism, Conflict, Getting Along, Microsoft, Negotiation, Relationships, Social Dynamics, Social Life

Airline Safety Videos: From Dull Briefings to Dynamic Ad Platforms

May 1, 2025 By Nagesh Belludi Leave a Comment

Air India's 'Safety Mudras' Video: Blend Of Safety And Cultural Heritage

On every flight, as the safety video or briefing commences, most passengers treat it as mere background noise, having seen it countless times. Yet, flight attendants deliver these life-saving instructions with the consistency and enthusiasm of Broadway performers. What began decades ago as a simple aviation mandate has lately transformed into a creative explosion.

For most people, time feels elastic—stretching painfully in moments of boredom and discomfort, yet slipping away too fast in joy or deep focus. We crave engagement. A well-known Harvard experiment demonstrated just how powerful this need is: when faced with an empty room and nothing to occupy them, most participants chose to administer painful electric shocks to themselves rather than endure the silence. This seemingly irrational response underscores a deep truth—humans will go to great lengths to avoid boredom, even if it means experiencing discomfort. When our attention isn’t engaged, even irritation feels preferable. This insight carries significant implications for how brands captivate audiences and sustain their focus.

Airline safety videos serve as a compelling illustration of this phenomenon. Initially, these videos were little more than regulatory formalities—a necessary briefing mandated by aviation authorities. In the 1980s, airlines presented these messages in a standard, unremarkable manner. Although the absence of strict presentation guidelines allowed for some creativity, airlines largely adhered to the conventional script, resulting in minimal innovation for many years.

Then, in 2007, Richard Branson’s Virgin America took a bold step by transforming the routine safety video into an unexpected and entertaining experience through the use of cartoons and humor. This creative risk not only reinforced the airline’s unconventional brand identity but also captivated a captive audience. Soon after, other airlines began to adopt similar approaches, initiating what could be described as a “novelty arms race.” By 2009, Air New Zealand further pushed the boundaries with its “Bare Essentials of Safety” video, featuring flight attendants adorned with body paint that cleverly integrated safety instructions with the brand’s identity. Delta’s “Deltalina” video, famous for a finger-wagging anti-smoking gesture, ironically let humor overshadow the actual safety spiel.

Delta's Iconic Flight Attendant Deltalina, Famous For Finger Wagging In Viral Safety Video In the subsequent years, confronted with a surplus of repetitive safety instructions, airlines sought increasingly innovative methods to engage passengers. This evolution extended beyond mere creative makeovers. By 2020, airlines began to view their safety videos as valuable advertising platforms for cross-promotional opportunities. For instance, United Airlines introduced a Spider-Man-themed safety video that incorporated iconic superhero imagery into its life-saving instructions. Air India’s latest, “Safety Mudrās,” beautifully blends essential safety instructions with India’s rich cultural heritage, using classical and folk dance forms to create a mesmerizing visual experience.

As airlines increasingly personalize these presentations—sometimes even tailoring content based on seating class or passenger data—they are tapping into a lucrative market that merges engagement with data-driven advertising. One example of this shift is United Airlines’s launch of Kinective Media last year, a platform that utilizes travel behavior insights and personal data from its MileagePlus loyalty program to tailor personalized ads and content. Spearheading this initiative is MileagePlus CEO Richard Nunn, who was appointed in 2023—an especially notable choice given his expertise in advertising technology and digital media, rather than the airline or loyalty industries. Ultimately, the transformation of airline safety videos from tedious regulatory exercises to dynamic, branded content demonstrates how the human desire to escape boredom can drive innovation.

Idea for Impact: As brands continue to refine their engagement strategies, the distinction between the essential and the creative increasingly blurs.

Wondering what to read next?

  1. Flying Cramped Coach: The Economics of Self-Inflicted Misery
  2. The Loss Aversion Mental Model: A Case Study on Why People Think Spirit is a Horrible Airline
  3. What Taco Bell Can Teach You About Staying Relevant
  4. The Mere Exposure Effect: Why We Fall for the Most Persistent
  5. Your Product May Be Excellent, But Is There A Market For It?

Filed Under: Business Stories, MBA in a Nutshell, Mental Models, The Great Innovators Tagged With: Aviation, Competition, Creativity, Customer Service, Innovation, Marketing, Parables, Persuasion, Psychology

What Taco Bell Can Teach You About Staying Relevant

April 24, 2025 By Nagesh Belludi Leave a Comment

What Taco Bell Can Teach You About Staying Relevant Taco Bell sparks fierce debates—critics love to challenge its ingredients and nutrition, yet somehow find themselves back in line, especially during the late-night cravings. The Taco Bell craving is real—a force so powerful it thrives even in the cutthroat fast food industry.

Its menu evolves faster than your metabolism can recover, fueling endless hype over limited-time items like Nacho Fries, Doritos Locos Tacos, or the latest over-the-top flavor concoction you won’t find anywhere else.

Taco Bell has turned reinvention into an art form, mastering unpredictability while keeping its target market hooked. From bold marketing campaigns to unforgettable slogans, it knows how to stay on top—though diners’ stomachs may occasionally question their choices.

Idea for Impact: Taco Bell thrives on constant reinvention—can you channel that same spark to reimagine your own life or business? The edge you seek might just come from embracing the art of staying fresh.

Wondering what to read next?

  1. Make ‘Em Thirsty
  2. Airline Safety Videos: From Dull Briefings to Dynamic Ad Platforms
  3. Creativity & Innovation: The Opportunities in Customer Pain Points
  4. Your Product May Be Excellent, But Is There A Market For It?
  5. The Mere Exposure Effect: Why We Fall for the Most Persistent

Filed Under: Business Stories, Career Development, Mental Models, Sharpening Your Skills, The Great Innovators Tagged With: Creativity, Customer Service, Innovation, Marketing, Parables, Personal Growth, Persuasion, Winning on the Job

Mastery Reveals Through Precision: How a Young Michelangelo Won Lorenzo de’ Medici’s Patronage

February 17, 2025 By Nagesh Belludi Leave a Comment

Exceptional talent often reveals itself through meticulous attention to detail and extraordinary precision, as demonstrated by the following narrative.

Lorenzo de’ Medici (1449–92,) the Florentine ruler and Renaissance patron, enlisted sculptor Bertoldo di Giovanni to establish an academy in the Medici garden, home to a priceless collection of Greek and Roman antiquities accumulated over generations. Michelangelo Buonarroti, then about fourteen, spent hours exploring these treasures. Inspired by an ancient Roman mask of a faun—a mythical creature that is part human and part goat—he decided to try his hand at sculpting.

Mastery Revealed Through Precision: How a Yoing Michelangelo Won Lorenzo de' Medici's Patronage (Studio Galleria Romanelli) With no prior experience, Michelangelo set about chiseling his first sculpture—a marble rendition of the aged faun with its damaged nose and laughing mouth. Despite having never touched chisels or marble before, his attempt was nothing short of miraculous. He not only mimicked the ancient model but enhanced it, giving the faun a beastly grin with pearly teeth and an exposed tongue.

When Lorenzo came across Michelangelo’s work, he was deeply impressed by the young artist’s talent. However, true to his character, Lorenzo teased Michelangelo, saying, “Surely you should have known that old folks never have all their teeth, and that some are always missing.”

After Lorenzo left, Michelangelo deftly removed one of the faun’s teeth and smoothed the gap so skillfully that it looked as though the tooth had naturally fallen out. This impressive display of craftsmanship won Lorenzo over, and he began to patronize Michelangelo, treating him as one of his own children.

Reference: French essayist and historian Marcel Brion’s Michelangelo (2010; tr. James Whitall)

Wondering what to read next?

  1. Van Gogh Didn’t Just Copy—He Reinvented
  2. FedEx’s ZapMail: A Bold Bet on the Future That Changed Too Fast
  3. What Virgin’s Richard Branson Teaches: The Entrepreneur as Savior, Stuntman, Spectacle
  4. Constraints Inspire Creativity: How IKEA Started the “Flatpack Revolution”
  5. Don’t Be Deceived by Others’ Success

Filed Under: Business Stories, The Great Innovators Tagged With: Artists, Creativity, History, Icons, Mentoring, Parables, Perfectionism

When Work Becomes a Metric, Metrics Risk Becoming the Work: A Case Study of the Stakhanovite Movement

February 10, 2025 By Nagesh Belludi Leave a Comment

Aleksei Stakhanov: The Soviet Miner Who Redefined Productivity Standards

The Struggles of a Low-Performing Mine & The Birth of a Hero

Alexei Grigoriyevich Stakhanov (1906–77) was a miner from Donbass, a coal-rich region in Soviet Ukraine where all mines were state-run with strict monthly production quotas. Failure to meet these targets often resulted in trouble for managers and local Communist Party officials.

Stakhanov worked in one of the region’s lowest-performing mines. Despite having no education beyond primary school, he was determined to improve his community’s productivity. Driven by a deep sense of responsibility, he relentlessly searched for ways to boost output and eventually devised a novel solution.

In the 1930s, miners used picks to extract coal, which was then hauled out by pit ponies. In cramped tunnels, miners would hack away at the coal while propping up the roof with logs. Stakhanov proposed a new system: one miner would focus on continuously picking coal, another would load it onto carts, a third would prop the roof, and a fourth would guide the ponies. He also suggested replacing the traditional pick with a heavy mining drill, requiring specialized training. Despite initial skepticism from the manager, Stakhanov persuaded the team leader and local party official to give it a try.

On the night of August 30, 1935, Stakhanov, along with three colleagues, entered the mine with the party boss and a local reporter. Six hours later, they emerged victorious, having mined 102 tons of coal—more than 14 times the original target.

The feat drew immediate attention. The local newspaper published Stakhanov’s story, and Soviet industry minister Sergo Ordzhonikidze shared it with Joseph Stalin. Soon, Stakhanov’s achievement was celebrated in Pravda, the central party newspaper. After Stalin’s endorsement, the story spread across the Soviet Union, and Stakhanov became a national hero and a symbol of Soviet productivity.

The Obsession with Metrics

Stakhanov’s achievement remains a pivotal moment in Soviet history. It became a shining example of efficiency, elevating him to the status of the ideal worker in the eyes of the Soviet state. His success sparked the Stakhanovite Movement, a state-driven campaign that encouraged workers to exceed their quotas and demonstrate the superiority of socialism.

Stakhanov’s image quickly flooded posters and newspapers, celebrated as a national role model. In December 1935, as America was still grappling with the Great Depression, Time magazine featured Stakhanov on its cover, bringing his story to American shores and solidifying his international fame. After his death, the important industrial city of Kadiivka in the Donbass region was renamed Stakhanov in his honor, a tribute that lasted from 1978 until 2016.

The Stakhanovite Movement: When Metrics Drive Work, Not Outcomes The Stakhanov Movement capitalized on the collective desire for improvement and transformation, leading to increased productivity through better-organized workflows. However, as often happens, when metrics become the sole focus, they overshadow the true purpose of the work. In the Soviet system, the state had to ensure control over production, align workers’ efforts with central economic plans, and maximize output. Quotas played a key role in this strategy, setting mandatory production targets across various industries. Over time, these quotas became the primary measure of success, with workers judged by numbers rather than the quality or long-term impact of their efforts. Those who failed to meet the targets risked being labeled as “wreckers” and accused of sabotaging the system. Stakhanovites were celebrated as heroes, rewarded with media attention, lavish rewards, and even having their names immortalized on factories and streets.

This obsession with metrics led to manipulation, particularly with the “socialist competition” that the Stakhanovite Movement encouraged. Groups and individuals competed to exceed production norms. Workers, fixated on meeting targets, sometimes resorted to shortcuts or ignored safety standards to boost output. As a result, the real goals—sustainable production, worker welfare, and innovation—became secondary pursuits. The metric of raw output became the work itself, distorting its true purpose.

The Obsession with Metrics: A Cautionary Tale

The Stakhanovite Movement highlighted the dangers of an obsession with productivity metrics and how they can distort the true nature of work.

While metrics can serve as useful benchmarks, aligning efforts with goals and driving performance, excessive focus on them can shift the emphasis from the work itself to the measurement process. Each new metric introduces an opportunity cost—resources are drained, and your team’s time is consumed.

When employees become fixated on hitting targets, they often prioritize numbers over innovation and lose sight of the bigger picture. Over-reliance on metrics can distort performance, neglect long-term goals, and stifle creativity.

Complex tasks involve many variables that a single metric cannot capture. Focusing too narrowly on one measure risks oversimplifying the situation, missing critical factors, and turning the work into a mechanical process.

Idea for Impact: Challenge metrics that don’t add value. Discard those that fail to measure real success. Take control of meaningless measurements and strike the right balance between measurable performance and the true purpose of the work.

Wondering what to read next?

  1. Why Incentives Backfire and How to Make Them Work: Summary of Uri Gneezy’s Mixed Signals
  2. Be Careful What You Count: The Perils of Measuring the Wrong Thing
  3. Numbers Games: Summary of The Tyranny of Metrics by Jerry Muller
  4. People Do What You Inspect, Not What You Expect
  5. Master the Middle: Where Success Sets Sail

Filed Under: Business Stories, Leading Teams, Managing People, Mental Models Tagged With: Biases, Critical Thinking, Decision-Making, Ethics, Goals, Motivation, Performance Management, Persuasion, Psychology, Targets

People Do What You Inspect, Not What You Expect

January 24, 2025 By Nagesh Belludi Leave a Comment

People Do What You Inspect, Not What You Expect Expectations alone won’t cut it. Without active monitoring, goals quickly go off the rails. In the restaurant business, setting food quality standards without inspection is like leaving the door wide open for trouble. Left to their own devices, staff will cut corners, skip steps, and serve subpar meals, leading to under-cooked food and neglected health standards.

Without oversight, people do just enough to stay out of hot water. Worse, if they think no one’s watching, unethical shortcuts slip through the cracks.

Inspection shows you’re serious, holding people accountable and keeping them on track. It drives performance, prevents complacency, and shuts down any funny business.

Idea for Impact: What gets inspected, gets done.

Wondering what to read next?

  1. When Work Becomes a Metric, Metrics Risk Becoming the Work: A Case Study of the Stakhanovite Movement
  2. Numbers Games: Summary of The Tyranny of Metrics by Jerry Muller
  3. Be Careful What You Count: The Perils of Measuring the Wrong Thing
  4. Why Incentives Backfire and How to Make Them Work: Summary of Uri Gneezy’s Mixed Signals
  5. Don’t Overemphasize Hitting Financial Targets

Filed Under: Business Stories, Managing People, Mental Models Tagged With: Ethics, Goals, Motivation, Performance Management, Persuasion, Targets

The Business of Popular Causes

January 22, 2025 By Nagesh Belludi Leave a Comment

Starbucks:Championing Progressive Causes, While Undermining Unionization Efforts Starbucks has long been celebrated for its progressive image and support of social justice causes. But when it comes to unionization and better benefits, the company’s actions tell a different story. Internal policies—like cracking down on union activities—raise doubts about how committed it truly is to the values it champions.

Starbucks is a prime example of a wider trend: companies quickly embrace progressive causes, but only when they don’t hurt the bottom line. This is Bandwagon Branding—when businesses latch onto the latest popular cause, whether it’s social justice, climate change, or equality, to align with dominant public values. They roll out hashtags, social media campaigns, and limited-edition products to show support. But once the spotlight fades, they quietly move on to the next issue. Remember when founder-CEO Howard Schultz launched the “Race Together” initiative, letting baristas at 12,000 locations write it on cups to spark conversations about race?

This cycle—big gestures, minimal change, quick pivots—reveals a harsh truth: corporations are profit-driven. Their true loyalty is to shareholders, not social causes. Corporate virtue-signaling often rings hollow.

Wondering what to read next?

  1. The Loss Aversion Mental Model: A Case Study on Why People Think Spirit is a Horrible Airline
  2. When Global Ideas Hit a Wall: BlaBlaCar in America
  3. Consumer Power Is Shifting and Consumer Packaged Goods Companies Are Struggling
  4. Your Product May Be Excellent, But Is There A Market For It?
  5. The Mere Exposure Effect: Why We Fall for the Most Persistent

Filed Under: Business Stories, Leadership, MBA in a Nutshell Tagged With: Biases, Diversity, Entrepreneurs, Group Dynamics, Humility, Marketing, Persuasion, Starbucks

Heartfelt Leadership at United Airlines and a Journey Through Adversity: Summary of Oscar Munoz’s Memoir, ‘Turnaround Time’

December 16, 2024 By Nagesh Belludi Leave a Comment

Leadership is a delicate balancing act where success and failure can hinge on perception. When a company thrives, traits like optimism and active listening are celebrated as visionary, and leaders who engage with their teams are hailed as collaborative, inclusive, and forward-thinking. But when things go wrong, those same qualities come under attack—optimism’s dismissed as naivety, and “listening” gets criticized as indecisiveness or an overreliance on consensus. Ultimately, results shape the narrative, transforming managerial traits into strengths or weaknesses based on the outcome.

'Turnaround Time' by Oscar Munoz (ISBN 0063284286) Oscar Munoz, former CEO of United Airlines, waited more than four years after handing the reins to Scott Kirby before publishing his business memoir, Turnaround Time: Uniting an Airline and Its Employees in the Friendly Skies (2023.) With United now performing well despite the harsh challenges it faced over the past five years—such as the COVID-19 pandemic, operational disruptions, Boeing’s issues, and various supply chain problems—Munoz’s retrospective lens casts his “people-first leadership” in a favorable light.

At United, Munoz was more of a caretaker CEO than an industry visionary. He was elevated from the board to CEO following his predecessor’s scandal-driven resignation, with his main charge being to find a competent successor with deep industry experience. He succeeded spectacularly by recruiting Scott Kirby after Kirby was abruptly dismissed from American Airlines in 2016. When Munoz handed over the CEO role to Kirby just before Christmas 2019, on the eve of the COVID pandemic, analysts believed Munoz’s legacy would largely rest on hiring Kirby and his rocky initial response to the David Dao incident, followed by a dramatic course correction. To his credit, Munoz used the Dao debacle as a turning point, overseeing an acceleration in significant changes to United’s operations and employee culture.

However, Turnaround Time, which emphasizes the “human aspect of leadership,” lacks the tactical depth expected from a CEO memoir. It’s filled with anecdotes about “listening to employees” rather than providing detailed business strategies or a comprehensive portrayal of the complexities of running a major airline during a challenging time for the industry, with countless variables and uncontrollable factors shaping outcomes.

A key moment in the book recounts Munoz’s seemingly insightful interaction with a flight attendant named Amy Sue, who tearfully told him, “I’m just tired of always having to say, ‘I’m sorry.'” Her words underscored the burden frontline employees face—apologizing for service flaws and management decisions beyond their control. This encounter, claims Munoz, crystallized his leadership mission: to empower employees by aligning resources and support with their professional pride. United’s morale had been battered by financial struggles following 9/11, bankruptcy, and a slow-moving “merger” with Continental Airlines. Change was overdue, and Munoz’s employee-first approach aimed to revive a dispirited workforce.

Leadership Lessons from United Airlines' CEO, Oscar Munoz Yet, one can’t help but ask: Why hadn’t Munoz engaged with employees during his decade on the board of United’s parent company (and another five years at the acquiring company, Continental Airlines)? Wise board members often gain an unfiltered understanding of company culture by connecting with employees directly rather than relying on polished C-suite reports, which can skew the board’s perceptions of the organization’s internal climate.

The real strength of Munoz’s memoir lies in his personal story, which brings a human depth to the book. Just 38 days into his CEO role, Munoz was hospitalized with coronary artery disease and underwent emergency heart surgery, followed by a heart transplant two months later. In Munoz’s telling, this harrowing experience reshaped his approach to leadership, infusing it with compassion and an awareness of the personal struggles many employees likely faced. With Kirby and the rest of the leadership team handling the daily operations and improvements of the airline, Munoz focused on creating a supportive company culture. Frontline employees I’ve interacted with often describe Munoz as personable and genuinely interested in their well-being and professional satisfaction.

Munoz’s heart transplant and recovery add emotional resonance to what might’ve been a typical corporate memoir. Turnaround Time highlights the emotional and psychological resilience that underpinned his leadership at United, showing how his personal journey mirrored his professional one. It’s a fast, engaging read worth picking up for the human story behind the corporate challenges.

Wondering what to read next?

  1. Lessons in Leadership and Decline: CEO Debra Crew and the Rot at Diageo
  2. Book Summary of Nicholas Carlson’s ‘Marissa Mayer and the Fight to Save Yahoo!’
  3. Fire Fast—It’s Heartless to Hang on to Bad Employees
  4. Two Leadership Lessons from United Airlines’ CEO, Oscar Munoz
  5. A Guide to Your First Management Role // Book Summary of Julie Zhuo’s ‘The Making of a Manager’

Filed Under: Business Stories, Leadership, Leadership Reading, Leading Teams, Managing People Tagged With: Aviation, Books, Change Management, Conversations, Great Manager, Leadership, Leadership Lessons, Performance Management, Problem Solving, Teams

‘Use it or Lose it’ Budget Syndrome

November 26, 2024 By Nagesh Belludi Leave a Comment

The Problem with 'Use it or Lose it' Budgeting As the fiscal year draws to a close, the annual spectacle of “use it or lose it” budget mayhem unfolds.

Caught in this whirlwind, departmental managers rush to burn through their budgets to avoid potential cuts in the upcoming year. This frenzy results in impulsive purchases, rushed projects, excess inventory, temporary hires, lavish team-building events, and premature contract renewals—all while the essential task of creating value for the company gets sidelined.

This rush-job approach stems from an outdated planning system that values appearances over genuine fiscal responsibility.

Idea for Impact: Consider a move towards more flexible, performance-based budgeting approaches by loosening rigid budget structures.

Wondering what to read next?

  1. Lessons from Peter Drucker: Quit What You Suck At
  2. Why Major Projects Fail: Summary of Bent Flyvbjerg’s Book ‘How Big Things Get Done’
  3. The Best Leaders Make the Complex Simple
  4. How to … Declutter Your Organizational Ship
  5. Looking at Problems from an Outsider’s Perspective

Filed Under: Business Stories, Leading Teams, MBA in a Nutshell Tagged With: Budgeting, Decision-Making, Leadership, Managing the Boss, Targets

How to … Get into a Creative Mindset

October 3, 2024 By Nagesh Belludi Leave a Comment

Rangaswamy Srinivasan: Pioneering Advances in Laser Surgery Techniques In 1981, Rangaswamy Srinivasan, a chemist at IBM Research, and his colleagues embarked on a mission to identify an organic substance suitable for testing an ultraviolet excimer laser—an innovative tool capable of etching intricate designs into polymers for computer chips.

On November 27, in a moment of inspiration, Srinivasan brought some leftover Thanksgiving turkey into his laboratory for laser experimentation. After a series of trials and adjustments, he successfully produced clean, precise incisions in the turkey’s cartilage without causing any thermal damage to the surrounding tissue.

This serendipitous discovery of ablative photodecomposition paved the way for LASIK eye surgery, a procedure that requires precise alterations to the cornea’s shape to correct various vision problems. This groundbreaking technique has since transformed the lives of millions, providing a painless solution for myopia, hyperopia, and astigmatism.

Idea for Impact: The more you plunge into exploration and nurture that curious spark, the more you turn curiosity into a regular habit. To up your odds of those delightful “aha!” moments, don’t shy away from a bit of uncertainty and experimentation every now and then. Embrace the art of intelligent floundering—give new ideas a whirl and toss around a few “what if” questions. Frame your thoughts with a touch of experimentation by musing, “What if I tried it this way?” or “Why wouldn’t that work better?” You never know; your next big breakthrough might just be lurking in the leftovers, waiting for you to discover it!

Wondering what to read next?

  1. Your Product May Be Excellent, But Is There A Market For It?
  2. Constraints Inspire Creativity: How IKEA Started the “Flatpack Revolution”
  3. HP’s “Next Bench” Innovation Mindset: Observe, Learn, Solve
  4. Van Gogh Didn’t Just Copy—He Reinvented
  5. Overcoming Personal Constraints is a Key to Success

Filed Under: Business Stories, Sharpening Your Skills, The Great Innovators Tagged With: Creativity, Entrepreneurs, Innovation, Parables, Problem Solving, Thought Process

« Previous Page
Next Page »

Primary Sidebar

Popular Now

Anxiety Assertiveness Attitudes Balance Biases Coaching Conflict Conversations Creativity Critical Thinking Decision-Making Discipline Emotions Entrepreneurs Etiquette Feedback Getting Along Getting Things Done Goals Great Manager Innovation Leadership Leadership Lessons Likeability Mental Models Mentoring Mindfulness Motivation Networking Parables Performance Management Persuasion Philosophy Problem Solving Procrastination Relationships Simple Living Social Skills Stress Suffering Thinking Tools Thought Process Time Management Winning on the Job Wisdom

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.

Get Updates

Signup for emails

Subscribe via RSS

Contact Nagesh Belludi

RECOMMENDED BOOK:
The Life-Changing Magic of Tidying Up

The Life-Changing Magic of Tidying Up: Marie Kondo

Japanese organizing consultant Marie Kondo's bestseller has elevated the domestic chore of cleaning up into a process of emancipation and self-discovery.

Explore

  • Announcements
  • Belief and Spirituality
  • Business Stories
  • Career Development
  • Effective Communication
  • Great Personalities
  • Health and Well-being
  • Ideas and Insights
  • Inspirational Quotations
  • Leadership
  • Leadership Reading
  • Leading Teams
  • Living the Good Life
  • Managing Business Functions
  • Managing People
  • MBA in a Nutshell
  • Mental Models
  • News Analysis
  • Personal Finance
  • Podcasts
  • Project Management
  • Proverbs & Maxims
  • Sharpening Your Skills
  • The Great Innovators

Recently,

  • A Taxonomy of Troubles: Summary of Tiffany Watt Smith’s ‘The Book of Human Emotions’
  • Negative Emotions Aren’t the Problem—Our Flight from Them Is
  • Inspirational Quotations #1121
  • Japan’s MUJI Became an Iconic Brand by Refusing to Be One
  • Why Major Projects Fail: Summary of Bent Flyvbjerg’s Book ‘How Big Things Get Done’
  • Managing the Overwhelmed: How to Coach Stressed Employees
  • Inspirational Quotations #1120

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!