Inflated or fake project´s ROIs (Return on Investment) can finally lead to inflated corporation´s ROCEs (Return on Capital Emloyed) and to the red ink bottom lines. Too many inflated corporation´s ROCEs finally can succesfully pin down to the touch pad the Adam Smith´s unvisibe hand by well known Quantitative Easing visible hand. Such devil race can usually bring well known market and monetary bubbles which historicaly represents a full manifestation of global financial crisis. Above mentioned two wisdoms or rather approaches, are famous quotes of two wise men. The “Festina Lente - Make haste slowly“ quoted by Octavianus Augustus, Roman Emperor and the „Time is Money“ quoted by Benjamin Franklin, US President. Two wisdoms seems to stay in oposition one to another. But are they really? And even more important question, what are their implications to the global financial crisis?
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After graduating Politics and Diplomacy I was fortunate to start working as a PA for the former Prime Minister Ehud Olmert. On my first day of work, I went to his room to sing some papers. I said "Mr. Olmert…" but soon he stopped me, looked into my eyes and said "You can call me Ehud". From that day I always watched carefully how he communicate with every person that came to our office, or even when we walked on the street. No matter if it was a Prime Minister from another country, a CEO of a big company, an executive leader or just someone that came to ask for help. Every time his approach was to treat that person respectfully and genuinely, without making him feel that he is above nor inferior.
About 15 years ago I was a young soldier, serving in the Israeli navy. After spending a weekend at my grandparent’s house in the city of Nazareth, I was waiting at the bus station to travel back home to Tel Aviv. An old lady from a different community was sitting next to me and just like that, we started talking. Although we were neighbors, I knew very little about her culture and language. We talked for a few moments until the bus arrived. And right before I got on the bus, the old lady asked me to stay. “Let's talk a little longer,” she said, and I decided to stay and wait for the next bus, Later on that evening when I arrived home I watched the news and saw that the bus that I was supposed to go on had been bombed during a terrorist attack. That day I realized that the voices of peace are not being heard in our news, but they can be heard if we simply listen. You see, a small conversation between two women had the power to save our lives. While the world heard the news, they heard a story about those who died, I heard a story about those who are living. This experience paved my desire to seek out and share the untold stories. In my work, I am a communication skills trainer and storytelling coach. For the last 15 years, I have made it my mission to guide and inspire agents of change; managers and organizational leaders and help them to make better results.
Perhaps all PMs know already that: a call or a long mail received, informing the PM that one of the project team members caused a critical issue on Production system that has very high impact.
Culture of Health for Business (CoH4B) places health and wellbeing centre stage in projects, enabling healthier choices. CoH4B is both the ‘way we do things around here’ and a way forward. It means creating a context of complete physical, mental and social wellbeing, integrating ethical, financial and, naturally, environmental aspects. It concerns quality of life and optimising potential.
To the owners or executive managers of SMEs looking for serenity and time control, even if they rarely think of it spontaneously, I like to advise to start with the implementation of a 5S system.
Is respect in our lives important? Where does his absence make life difficult? There are many situations where we should show each other respect in society.
Unlike physical ailments, detecting and identifying the mental ones is much more challenging. Mental health must not be a taboo, especially in the workplace.
What is the difference between values appreciation and the project management competence area culture and values?
According to Ovidius, Pygmallion was a Cypriot sculptor, who fell in love with an ivory woman statue he carved. The goddess Aphrodite appreciated his love and offerings and changed the statue to a real woman. Pygmallion then married her and they had a daughter. So much for the history or mythology, now let's go back to management. The phenomenon called Pygmalion effect says that others' expectations from a person are affecting that person's performance.