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11.15.09

Confirmation Bias

Weekend Supplement

In the Wall Street Journal, Jason Zweig writes about the specific application of a general issue: confirmation bias. It is a never-ending battle that affects all of us and is worth reading for the reminder. He offers specific ideas to counteract its pull that can be applied to whatever you are doing. Here are a few edited excerpts from Ignoring the Yes-Man in Your Head to introduce the issue:
In short, your own mind acts like a compulsive yes-man who echoes whatever you want to believe. Psychologists call this mental gremlin the "confirmation bias." A recent analysis of psychological studies with nearly 8,000 participants concluded that people are twice as likely to seek information that confirms what they already believe as they are to consider evidence that would challenge those beliefs.

Why is a mind-made-up so hard to penetrate?

"We're all mentally lazy," says psychologist Scott Lilienfeld of Emory University in Atlanta. "It's simply easier to focus our attention on data that supports our hypothesis, rather than to seek out evidence that might disprove it."

The more you learn, the more certain you become that you are right. While gathering more data makes people more confident, it doesn't make their predictions much more accurate. Each new fact makes you more inclined to find another fact that resembles it, reducing the diversity and value of your information.

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Posted by Michael McKinney at 11:57 AM
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03.14.09

ReQuotes: "You're gonna like the way they sound. I guarantee it!"

Weekend Supplement

In the current issue of Direct magazine, you will find Herschell Gordon Lewis in his usual good form. This month he ponders “how successful certain events would have been if the principals had been shrewd and savvy enough to pick up some of our advertising and marketing talk.”

Here are several outtakes:
  • For example, visualize how much more dynamic Lincoln's Gettysburg Address would have been with a single simple insert: “Four score and seven years ago, our fathers brought forth, upon this continent, a new nation, conceived in liberty, and dedicated to the proposition that all men are created equal. Now we are engaged in a great civil war. But wait, there's more!
  • Or Ronald Reagan: “Mr. Gorbachev, tear down that wall. Results 100% guaranteed.
  • Now that we're in gear, let's include Paul Revere: “One if by land. Two if by sea. Three if you call before midnight, June 15.” Or maybe, “The British are coming. Act now.
  • Ah, a classic: “I disagree with what you say, but now, for a limited time only, I shall defend to the death your right to say it.”
  • We can bring poetry into the mix. After all, too many Elizabethan poems were flat and colorless. Let's give John Donne some punch: “Ask not for whom the bell tolls. It tolls for thee. For everything else, there's MasterCard.
  • We can't leave the immortal bard gasping for inclusion. Here's Juliet, staring worriedly from her balcony. “O Romeo, Romeo, frankly, I'm puzzled. Wherefore art thou, Romeo?

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Posted by Michael McKinney at 11:04 AM
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03.01.09

Protect Your Lunch with Anti-Theft Lunch Bags

Weekend Supplement

As more and more people brown bag it, this handy little item might be of interest.

anti_theft_lunch_bag
Tired of having your food stolen by sticky-fingered coworkers or roommates? Bullies taking your kid's lunch? Well, worry no more . . . Anti-Theft Lunch Bags are sandwich bags that have green splotches printed on both sides, making your freshly prepared lunch look spoiled. Don't suffer the injustice of having your sandwich stolen again! Protect your lunch with Anti-Theft Lunch Bags.

These sandwich size (food-safe reusable and recyclable LDPE) bags can actually be purchased from the. (no that's it - "the.") the. is the official marketplace for amusing and eclectic wares designed by the. team. Mihoko Ouchi and Sherwood Forlee make up the. team. They have other interesting products they have designed on their web site. Have a look.


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Posted by Michael McKinney at 08:28 AM
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11.22.08

Lunch with the FT: Tom Peters

Weekend Supplement

In the weekend edition of the Financial Times there is a great interview with Tom Peters by Stefan Stern. It’s candid and worth a read. Here’s a sample:
Few have criticized what he does for a living as ferociously as Peters himself. “I say to people, ‘You got a bad deal, paying money to see me,’” he tells me. “I have utterly nothing new to say. I am simply going to remind you of what you’ve known since the age of 22 and in the heat of battle you forgot. You’d have to be one of those television preachers to believe that you’re going to work with a group of 500 people and change their lives. First of all, most of them agree with you. You’re not going to pay £1,000 [a head] to go and see someone if you think the guy’s a jerk.

“In a room of 500 managers, there are going to be four who are on the verge of doing something really interesting, whether inside or outside the company, and you simply give them the will. In American football terms, they are five yards short and you push them over the line. To claim anything more than that is grotesque egocentrism,” he says.
Later, Stern writes:
Fortified, I give him my best shot. Is management getting harder? “No,” he replies firmly – and in defiance of the conventional wisdom. But what about all that new technology, the end of deference, the increased pace of life, and the heightened expectations of employees? Doesn’t that all make management harder?

On the whole, Peters thinks not. We exaggerate the extent of change, he feels. It is the arrogance of modernity to believe that we face unique and unprecedented challenges. What people say now about the internet they used to say about the railways, the telegraph, the radio ...
You can find the quick, entertaining interview at the Financial Times: Lunch with the FT

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Posted by Michael McKinney at 08:20 AM
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08.31.08

Five Myths about the Oil and Gas Industry

Weekend Supplement

In the final chapters of The First Billion Is the Hardest, T. Boone Pickens dispels five myths about the oil and gas industry:

Myth No. 1: Drilling in the Arctic National Wildlife Refuge will make us energy dependent.
Myth No. 2: Ethanol will save the day.
Myth No. 3: Big Oil is manipulating the price of gas at the pumps.
Myth No. 4: The lack of new refineries in the United States is a main contributor to high gasoline prices.
Myth No. 5: New Technology will enable us to discover enormous untapped reservoirs of oil.

He writes, “We are going to be dependent on oil for at least another fifty years; that means foreign oil, ad that means trouble. Either we need to be prepared to face those consequences or we need to get working on some alternatives.” He adds, “Our biggest problem is leadership.”


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Posted by Michael McKinney at 06:58 PM
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05.25.08

Tom Peters on the Definition of Leadership

Weekend Supplement

Tom Peters’ offers his definition of leadership in the video below. He begins by expressing a truth that is more important than the definition itself. It is not often understood by those seeking to understand the shortcomings of leadership. “Leadership in the 21st century AD is exactly what it was in the 21st century BC. Leadership is about the development, the inducement of people to grow way beyond where they believed they could go. Nothing has changed.” Leadership hasn’t changed. Leadership is influence.

Peters’ definition is summed up in this quote from Robert Altman's lifetime achievement Oscar acceptance speech: "The director allows an actor to become more than they've ever dreamed of being." He says that great leaders are dealers in hope. He cites Churchill and Franklin D. Roosevelt as examples.


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Posted by Michael McKinney at 06:56 PM
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09.22.07

There's Servant Leadership and Then There's...

Weekend Supplement

From The Philippine Star comes this old joke:

galleyOne day as 10 slaves were rowing a boat, the strain of every stroke showing on their faces, the first mate appeared on the deck. “I’ve got good news and bad news,” he said.

“The good news is we see an island so we’re going to stop, drink rum, hunt a couple wild boars and have a feast.”

The slaves whispered in happiness, all but one, who asked “what is the bad news?

“Well,” the first mate replied, “tomorrow the captain wants to go waterskiing!”


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Posted by Michael McKinney at 10:59 PM
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07.20.07

MBA-by-Blog

Weekend Supplement

MBA-by-BlogRob May over at BusinessPundit.com has delivered on a great idea. He has created MBA-by-Blog.

The site will create a directory of some of the best and most educational business blog posts of all time. Primarily, it will be quite useful as a learning tool for specific business topics of interest to you. Additionally, as a repository of links to blog posts, it will become a great research tool.

You can vote on the usefulness of a post and you are encouraged to submit posts that you find have been useful to you. If you need to, you can suggest new categories to create a more refined topic index. So, as you scan the Internet, think about submitting the better posts to MBA-by-Blog. It will help to create a useful resource for everyone.

Rob, is also looking for editors to help with this process. If you would like to be an editor and can login once a week and read a few posts to determine if they are quality, send him an email.


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Posted by Michael McKinney at 12:43 PM
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07.15.07

BookTour.com: Find Out Where Authors are Speaking in Your Area

Weekend Supplement

A welcome and promising new service to be found on the web is BookTour.com. There's nothing like seeing an author live to help you get an idea of what they're all about and to ask some clarifying quesions. Finding out when and where they will be in town is the problem. BookTour.com aims to solve this obstacle.
booktour


It is a resource for both readers and writers. Authors create their own page (biography, books, tour dates and availability) and any group looking for speakers can find them and contact them directly to arrange for an appearance. Relevant information for both authors and venues can be added in minutes through a simple fill-in-the-blanks interface. Connecting authors with potential audiences then becomes as easy as searching (by geography, book titles, subject, dates of availability) and sending an email.

Check it out. Your participation will help make it a more useful tool for everyone.


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Posted by Michael McKinney at 09:21 AM
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04.14.07

Snooze You Lose?

Weekend Supplement

Like me, you probably worked right through National Sleep Awareness Week (March 5-11, 2007) this year. For many, lack of sleep is a source of pride. It seems to imply that what we are doing is too important for mere mortals. Getting the proper amount of sleep isn’t equated with a go-getter. Getting caught napping is downright embarrassing. Yet research shows that sleep is one of the most important activities of the productive person.

Professor Sara Mednick in Good Magazine asks, “Can afternoon naps save your life?” Apparently they can. “Scientists are discovering more and more evidence to suggest that a midday rest can improve your alertness, cognition, mood, cardiac health, and weight.”

Sleep affects your ability to learn and memory. Research would suggest that the more important you are the more sleep you should get. You need the extra time for your mind to process all you learn and do in a day.

Mednick continues:
nap
We are in the midst of a fatigue epidemic that affects health, safety, productivity, and the bottom line. Sleep loss has been shown to increase our inflammatory and stress responses, which naps can bring back to normal levels.

It has been scientifically demonstrated that naps as short as five minutes long can improve alertness and certain memory processes. But the timing of naps is as important as their length. Imagine sleeping for just five minutes in the middle of the night and think about how you would feel upon waking. Probably pretty lousy. This is because all sleep is not equal. We are biologically programmed to sleep not only for a long period in the middle of the night but also for a short period in the middle of the day.
The National Sleep Foundation recommends an average of 7 to 9 hours of sleep per night for adults. Here are some tips for good sleep:
  • Avoid caffeine (coffee, tea, soft drinks, chocolate) and nicotine (cigarettes, tobacco products) close to bedtime.
  • Avoid alcohol as it can lead to disrupted sleep.
  • Exercise regularly, but complete your workout at least 3 hours before bedtime.
  • Establish a regular relaxing, not alerting, bedtime routine (e.g. taking a bath or relaxing in a hot tub).
  • Create a sleep-conducive environment that is dark, quiet and preferably cool and comfortable.

The National Sleep Foundation reports that "a team of American and Greek researchers undertook an epidemiological study of 23,681 Greek adults with no history of heart disease, stroke, or cancer. They asked participants about the frequency and duration of their naps and about other variables that might affect heart health and found that those participants who napped regularly (three or more times a week, for 30 minutes or more) had a 37% lower risk of dying from heart disease. This finding was especially true for working men.

"Oftentimes getting adequate sleep at night is challenging. Napping offers a way to augment nighttime sleep, increase alertness, and possibly lower stress levels."

Take a nap!


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Posted by Michael McKinney at 09:06 PM
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03.25.07

Clifton Youth StrengthsExplorer for Kids Ages 10 to 14

Weekend Supplement

The folks at Gallup have developed a Strengths Finder for kids ages 10-14 called the Clifton Youth StrengthsExplorer. It is an instrument designed to help young people discover and develop the unique talents within them.

They explain: "The Clifton Youth StrengthsExplorer is designed to help make a lifelong impact on youth based on decades of research. As a parent, it can be a challenge to identify your child's innate talents. This tool can enhance your insights into your child's discovery and growth process. It can help you understand your child's unique perspective of the world. And, it can help shed insight on what are his or her greatest talents—natural patterns of thought, feeling, and behavior—and how to build on those tendencies for success."

Strengths FinderIn my own experience, this is a helpful tool to help you to understand and encourage your child. I recommend having them take it once a year at this point in their life. The cost is $25 (online version) or $35 (printed version) and you get the following:

First, youth get access to the Clifton Youth StrengthsExplorer assessment—a Web-based program made up of items the participant rates based on how much each specific statement relates to him or her.

Immediately, an individual can print a Clifton Youth StrengthsExplorer report based on his or her responses. This customized report reveals a person's top three themes—descriptions of his or her areas of natural talent. Also included in the Clifton Youth StrengthsExplorer report are action items for youth and adults. Action items are just that—ways to put talents into action.

Finally, two Clifton Youth StrengthsExplorer guides—full of even more activities and ideas to help youth focus on what's best about them—are available:
  • Youth Workbook
  • Parent Guide

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Posted by Michael McKinney at 10:50 AM
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03.03.07

President Clinton: The Final Days Video

Weekend Supplement

This video was recently sent to us ... 7 years later, but it's good enough to see again. It is from the 2000 White House Correspondents Dinner. This is President Clinton's critically acclaimed lame-duck video, in which a film crew documented how he spent his final days in office. Certainly it can be said that Clinton has a sense of humor.

From that speech:
Now, I know lately I haven't done a very good job at creating controversy, and I'm sorry for that. You all have so much less to report. I guess that's why you're covering and commenting on my mood -- my quiet, contemplative moments; my feelings during these final months in office. (Laughter.) In that case, you might be interested to know that a film crew has been following me around the White House, documenting my remaining time there.

This is a strange time in the life of any administration, but I think this short film will show that I have come to terms with it. [5:56min]


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Posted by Michael McKinney at 09:58 PM
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10.28.06

They Came, They Conquered, They Collected: What Dictators Collect

Weekend Supplement

An article in Psychology Today by Caroline Tiger asks the question, "What drives the need for dictators to collect material possessions that are over the top?"
Tyrants collect money and power, but they also amass bric-a-brac like the rest of us. What, if anything, do their material leanings signify?

Possible motives for collecting abound: compulsion, competition, exhibitionism, desire for immortality and the need for experts' approval.

Stephen Anderson, professor of neurology at the University of Iowa, has come closest to finding a biological basis for the yen to collect. In 2004 he showed that damage to an area of the prefrontal cortex can lead to hoarding—the pathological cousin of collecting. Anderson doubts that's the case with the dictators. "Most people who have injuries to this part of the brain are not going to be successful," he says, "even in a bad-guy way." Still, he wouldn't be surprised if the bad guys' neural wiring were somehow amiss.

Saddam HusseinThe Man: Saddam Hussein

The Stash: Sci-fi fantasy paintings featuring menacing dragons and barely-clad blondes.
Adolf HitlerThe Man: Adolf Hitler

The Stash: Bavarian 18th century furniture. Munich antique dealers were ordered to keep an eye out for him.
Kim Jong IlThe Man: Kim Jong Il

The Stash: 20,000 videos (Daffy Duck cartoons, Star Wars, Liz Taylor and Sean Connery flicks)
Idi AminThe Man: Idi Amin

The Stash: Several racing cars and loads of old film reels of I Love Lucy reruns and Tom and Jerry cartoons
Joseph StalinThe Man: Joseph Stalin

The Stash: Westerns with Spencer Tracy, Clark Gable and John Wayne. Stalin also inherited Joseph Goebbels's films.

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Posted by Michael McKinney at 09:23 AM
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09.29.06

How Good A Boss Are You? Take This Test

Weekend Supplement

Fortune magazine has provided a short online quiz to help you determine if you are a good boss or a bad boss. It's part of an article by senior writer, Anne Fisher.

She spoke to David Sirota, head of Sirota Survey Intelligence, who said, "A large part of what a good boss does is expedite things for employees - that is, help them get their jobs done by removing obstacles. This is not at all the same as 'making sure' they get their jobs done by raising the anxiety level. Most people are anxious enough already." She asked him, What makes a good boss, in employees' eyes? Here is an excerpt:
"All of our research consistently shows that people in general have three goals at work. First is fairness. They want to feel that they're being recognized and rewarded fairly for what they contribute. Second is achievement. People want to be proud of the organization and of their place in it. And third, camaraderie, meaning good working relationships and a sense of belonging to a team. If these three goals are met, you have enthusiastic employees.

The trouble is that, in most companies, morale among new hires is high and then, by about the six-month point, it has dropped sharply. Management has destroyed it. One thing bad bosses do is to deliberately make people feel insecure about their jobs. Another is, treat employees like children or criminals instead of like responsible adults.

A sign of a really bad boss is micromanaging, which I define as devoting punitive amounts of attention to minutiae. We've seen workplaces where people have to raise their hands if they want to go to the restroom. Another sign of a bad boss is when you hear employees say that they get no positive feedback at all. A common complaint is, "If we make a mistake, we hear about it, but for doing our jobs well, there is never a 'thank you'.
How good a boss are you? A good manager understands how employees feel about their jobs. You may think you understand what your workers want, but do you really know what motivates them? Take the Fortune quiz!


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Posted by Michael McKinney at 06:15 PM
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07.21.06

Best Airline Recipes

Weekend Supplement

Four humorous fake not-books – including Chicken or Beef? The World’s Best Loved Airline Recipes and Whoops. I Was Wrong by GW Bush – are the focal point of Abebooks.com’s birthday celebrations.Chicken or Beef?

Abebooks.com—probably the best place to look for used, rare and out-of-print books—is 10 years old and running a high profile multi-faceted marketing campaign across three continents. The non-existent books—which have the tagline If you can’t find it here, it doesn’t exist—are being showcased in newspaper and magazine advertisements in the United States, Canada, UK, Australia and New Zealand.

Making Marriage Work by Henry VIII and Everything You Wanted To Know About North Korea But Were Afraid To Ask by Kim Jong Il complete the line-up of not-books, which were designed by advertising consultancy Rethink and printed by Trafford Publishing, a leading on-demand publisher.

Available from Abebooks.com, the blank not-books can be purchased for $2.17 each.

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Posted by Michael McKinney at 09:55 AM
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05.27.06

What Is Your Personal DNA?

Weekend Supplement

We found out about this tool from Jodee Bock's blog. It is persoanlity test which is as they claim, "free, fun, fast and accurate." personaldna It's called personalDNA. It is actually a very quick, innovative process and was quite accurate for those in our office.

A great feature on this site allows you to ask other people to assess you once you've taken the test yourself. It is enlightening to learn how those close to you see your personality by sharing results from your feedback page. You can also assess someone else's personality, and send that person the results.

Take the test at: personalDNA.com. personaldna At the end of the test, you'll get a thorough personality assessment, along with a personality map and a personalDNA strip.


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Posted by Michael McKinney at 10:05 AM
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04.29.06

Best Brand Development Documentary

Weekend Supplement

We ran across what must be the most creative discussion of developing your brand. It's titled "Your Blossoming Brand."Your Blossoming Brand It's by the people at Big Fat Brain. Their web site has been nominated for a Webby and we think it deserves it. After viewing the introduction (45sec), click on the television in the lower right-hand corner promoting "Public Service Announcements." Then sit back and enjoy a thoroughly unique education in brand development. (1min 45sec)

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Posted by Michael McKinney at 08:38 AM
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