Archive for August 3rd, 2010

Politics as Usual

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Expert Perspective by Grahall’s OmniMedia Editorial Board

With a sad shake of our heads and an audible sigh we read the article By Jim Puzzanghera and Nathaniel Popper  Pay czar slams bonuses but doesn’t seek refund and agreed that “it’s just politics”.  Clearly our Special Pay Master, Pay Czar, or whatever you care to call him really didn’t have much influence over anything payments made by TARP companies.  The nose thumbing that makes Wall Street universally disliked by Main Street  was this time, clearly directed at Feinberg with them saying, in effect “we don’t damn about how you think we should run our companies.”  And Feinberg blinked.
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Filed under: Expert Perspective - Rewards



“Innovation distinguishes between a leader and a follower.” Steven Jobs

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Expert Perspective by Grahall’s OmniMedia Editorial Board

Just like the recession of the early 1990’s (think back to the battle between “41” and Bill Clinton for the White House), it became clear when the economy, “stupid”, did turn around that many of the jobs lost in that recession were simply not coming back.  Instead they were obsolete, outsourced, off-shored or automated to save businesses money and improve their bottom line.  When it is a fight for survival, even the stodgiest of companies will innovate to save money and their futures.  In part the problem then, as it is now, is that there is a serious lag between business innovation (for example outsourcing, off-shoring and automation) and educational innovation to put today’s graduates in a position to handle today’s jobs. 


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Filed under: Expert Perspective - Organization Development