Category Archives: Leadership

Security Ideas for Strategic Planning

Was just reading interesting article on protective security measures by Scott Stewart in Stratfor. Turns out there are many similarities to Strategic Planning.

Author was in business of providing protective services to government officials, religious figures, royalty, business executives and ultra luxury individuals.

Professional protective security people certainly understand weapons and self defense. They realize that if they have to rely on these they actually have failed to do their job. True protective service entails anticipating situations and being prepared for them in advance to avoid confrontations. When confrontation is probable, goal is to structure confrontation on terms the protective service experts dictate.

Action is always faster than reaction. Just watch a football game. Proactive approaches involve “excellent situational awareness, thorough logistics planning, good security assessments, careful trip and individual site security advances, liaisons with counterparts and strict operational security. Protection teams can also employ powerful tools such as protective intelligence investigations, threat and psychological assessments of people with an unusual interest in the protectee, and countersurveillance detection teams.”

Leaders use the same approach when doing their strategic planning, whether it’s to address an emergency or a surprise in business, or to do the annual strategic plan, or long term plan based on business outlooks years out.

It’s already June, are you hitting your strategic plan for first half of year? What adjustments are necessary for second half of 2016? What are your plans for 2017 if economy holds strong? Starts to soften? Either nationally or just in your market or,selective market segments?

Millennials Now 1 of 3 American Employees

Pew Research Center reports that one in three American workers are millennials.

46% of millennials embrace business travel.

Millennials are looking for unique experiences. Many reject cookie-cutter chain offerings. They are looking for hotels that are trendy or at least well maintained. Millennials are looking for something unique.

So how can your hotel meet their expectations?

We all are hearing about massive data. What can you do if your hotel lacks technology to collect that data?

Collect your own data. That’s easy. After collecting data you have to act on it.

-Collecting month and day of guest birthdays allows you to send email birthday cards. Many services offer them. Better yet. Anniversary dates so you can offer them an anniversary package.

-Ask if there is any specific information their spouse loves to know about. Then provide it 3-4 times a year.

-Why are they in town? Knowing “why” enables you to better service them and know about return visits.

Ending Federal Deficit-Buffet’s Solution

Warren Buffet recently had excellent quote about the debt ceiling during an interview on CNBC:

“I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.”

U.S. Dollar Is Gaining Like It’s the 1980s. Is That Good or Bad?

Read interesting article on Bloomberg over the weekend, written by Chikako Mogi and Shigeki Nozawa.

We know the dollar is strong, but the global financial markets are lacking a cohesive direction.

1985 US Treasury Secretary Jim Baker introduced the Plaza Accord. By persuading Japan, Germany, France and UK to join in a coordinated plan to weaken the dollar. The dollar was to strong, which adversely affected US exports.

Then and Now

In 1980’s US had the leadership and strength of purpose to develop the Plaza Accord which benefited the US and the rest of the world. Today, while the Fed is in a position to raise rates, it is hesitant to do so. Makoto Utsumi was minister at Japanese embassy at time of Plaza Accord (and now chairman of global advisory board for Tokai Tokyo Financial Holdings Inc.) Today, “The common understanding for the need for policy cooperation shared at the Plaza Accord is lost and it’s not clear where the true leadership is in each country or in the world.”

International Monetary Fund reports that global imbalances were hindering global growth. There is a Group of 20 foreign countries which meets to address slowing Chinese economy. Their meeting ended without any concrete policy on how to proceed. There is serious lack of coordination or agreement on how to proceed to avoid an economic disruption.

Why? The Plaza Accord came about because of long established relationships between treasury officials of various countries. Those relationships take years to develop and don’t exist in the world today.

It’s understandable that the G-20 meetings lack agreed upon decisions. Getting 20 countries headed in the same economic direction is like herding cats. There are just to many countries involved to expect agreement.

That leaves it up to the G-7 countries. This group of countries  has worked together in the past to return currency markets to an orderly balance. But it is expecting a lot that the G-7 countries can accomplish what they did in the past. 30 years ago they controlled 50% of world’s GDP. Today they only control 34%.

So What Should We Expect?

-The Fed to keep interest rates low longer than expected. That does not mean the Fed won’t raise rates within next few months…but it is unlikely Fed will raise rates much. Fed goal is to protect US economy.

-Unfortunately, there does not appear to be the leadership necessary to coordinate a world wide economic policy that can benefit majority.

-That means, in the US, we can expect the stock market to continue the current trend of ups and downs.

-Fed in the past had plan and policy telegraphed well in advance. That enable companies and countries to plan 2-3 years ahead…instead of current 2-3 months.

Most important take away for all of us?

Two points

-In all things people, companies, and countries, need to be looking ahead 2-3 years.  We all need to be evaluating short-term in relation to longer term plans, except in dire emergencies.  Is it hard to do? Not really. Only question is if we are disciplined enough.

-The importance of establishing  long term relationships. Personally and in business.

 

Here is link to entire article on Bloomberg. .

Theodore Roosevelt’s Ideas on Immigration

Theodore Roosevelt’s ideas on Immigrants and being an AMERICAN in 1907.

‘In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else, for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American, and nothing but an American…There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag… We have room for but one language here, and that is the English language.. And we have room for but one sole loyalty and that is a loyalty to the American people.’
Theodore Roosevelt 1907

Recent article on immigration on LinkedIn got me thinking about  immigration issues around the world. Immigrants trying to force their way into Europe, but not anywhere in Europe, to the countries with the best jobs. Syrians and other immigrants from Africa just trying to get out. Closer to home,  illegal immigrants coming across from Mexico, many with criminal past or criminal intents. Many from  other countries that are just using Mexico as a conduit into US.

Countries are trying a “one size fits all” approach to immigration. It’s not working.
Appears there are 3 immigrant issues:

-Those desperate to save their own lives and lives of their children from despots. These people, for most part, would take any jobs, and probably do anything to assimilate into the country they go to. These groups are from all walks of life, uneducated and unskilled to highly educated and highly skilled.

-Very selfish immigrants looking to improve their lives who demand that country they immigrate to meet their demands and adapt to their cultures. They don’t expect or want to learn language of their host country, may not want to adapt their religious practices to the customs of their host country, and some want to bring their own legal system with them instead of adapting to their host country.

-Immigrants looking for hand outs from country they move to. Without any real interest in the country they are immigrating to and without any intent of adapting to assimilate.

Foreign governments also are taking three approaches

-There are despotic governments that are just trying to eliminate certain ethnic types to “purify” their country. For political and/or religious grounds.

-Countries where the government simply can’t function well enough to take care of all the population. Some are well meaning. Most of these countries, are just struggling to stay in power and are spending lot of their economic resources trying to “keep the lid on” internal uprisings.

-Still other governments are interested in exporting the criminal element in their societies. Or exporting terrorism.

Countries facing a large influx of immigrants need 3 approaches as well. One immigration policy doesn’t fit all situations.

-Immigrants fleeing for their lives need to be assimilated. Those immigrants also need to be carefully screened to assure they are not criminals in their own countries or terrorists or religious extremists unwilling to adapt to host country. These immigrants must be willing to learn the language of their host country, agree to follow the host countries laws, and agree to take the jobs that are suitable for them. They need to be disbursed within a country, that means they can’t form mini cultures within their host country. That also means the host countries have to work hard to enable the people to assimilate as painlessly as possible.

-Immigrants looking for free ride, or to impose their culture in their host country need to be deported back to their country of origin. That means countries need to adopt standards that let them deport people for up to several years. Most immigrants are smart enough to tell host country anything the host country wants to hear, to get in. Agenda of these immigrants may not surface for months or years. When those agendas come out the immigrants must be dealt with.

-Immigrants that foment unrest in their host countries need to be dealt with very harshly. At very least they need to be deported and not allowed to visit the host country…ever again. If, after deportation, they sneak back in, they need to be dealt with using strong corporal punishment. They have already demonstrated their country of origin can’t keep them in. They have already demonstrated they don’t care about their host country.

No country is rich enough to accept all immigrants who want to come.

Each country needs to come to grips with this. As rich as world thinks US is, we can’t assimilate millions of immigrants who don’t speak English, when majority lack education or skills to perform jobs we need done. Majority of immigrants need at least a few years to adapt to their host country. Countries of the world, including US, don’t have the financial reserves to accommodate all the people who want to immigrate. Most countries are already facing financial difficulties taking care of their own citizens who need help. Each country has an obligation to take care of their own citizens before helping others.That’s harsh, but it is an economic fact of life.

Politicians of the world, wake up. The world is way to complex. Countries can no longer afford “one size fits all” policies.

 

 

Quote of the Day-Sept. 6, 2015

“Nothing is particularly hard if you divide it into small jobs.”
Henry Ford

Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist the founder of the of Ford Motor Company, and sponsor of the development of the assembly line technique for mass production.

8 Traits Leaders Must Have

Traits to interview for when looking for true leaders.

Leaders need and must be able to articulate:

-Have ability to manage complexity.

-People who act strategically.

-People who cultivate learning agility. Leaders learn from every situation they are in. Are your candidates?

-Develop personal adaptability.

-Create an environment that fosters innovation.

-Inspire engagement.

-Leverage existing and new networks.

-Have experience and know how to manage global businesses.

Traits come from excellent article by Loise Axon, Elisa Friedman, and Kathy Jordan on ERE Sept. 2, 2015. Article title: Finding Leaders Who Can Take On Today’s Complexities: 8 Capabilities recruiters Should Put on List.

True leaders evaluate prospective employers based on questions that identify leadership abilities and skills from managerial abilities.

How About Hospitality Executive Committee Positions?

Executive committee members on hospitality management teams all need the first 7. Do your interview questions identify if your Executive Committee candidates have the traits? Equally important, has your team identified depth needed on each trait for different Executive Committee positions? How you are or will, measure performance against the traits?

 

Quote of the Day-Sept. 3, 2015

“Success isn’t permanent, and failure isn’t fatal.”
Mike Ditka

Michael Keller Ditka is a former American football player, coach, and television commentator. A member of both the College Football and Pro Football Hall of Fames, he was the 1961 UPI NFL Rookie of Year, a five-time Pro Bowl selection and five-time All-Pro tight end with the Chicago Bears, Philadelphia Eagles, and Dallas Cowboys. His career included 3 Super Bowl championships as a player, and later coach of Chicago Bears. During his 11 years as Coach of Chicago Bears he was twice both the AP and UP NFL Coach of the Year. After Chicago he coached the New Orleans Saints for 3 years. Source: Wikipedia

Quote of the Day-Sept. 2, 2015

” Great ideas need landing gear as well as wings.”
C D Jackson

General Charles Douglas (C. D.) Jackson (March 16, 1902 – September 18, 1964) was Managing Director of Time-Life International from 1945-49. He then became publisher of Fortune Magazine. Jackson served as adviser to the President Eisenhower on psychological warfare. He later served in a position at the United Nations.

Quote of the Day-Aug. 28, 2015

“Leadership is action, not position.”
Donald H McGannon Broadcasting Executive

Donald H. McGannon (September 9, 1920 – 1984) was a broadcasting industry executive during the formative years of the television industry in the United States. As chairman of the Westinghouse Broadcasting Company, McGannon was a devoted advocate of broadcasting’s potential for good and worked to improve the standards of radio and television broadcasting.