August 2, 2012 |
Why does a typical bus driver in the U.S. earn a monthly disposable income (after taxes) of $1,594, while a typical bus driver in Peru earns $325? Why does an airline pilot here bring home $4,206 a month, while a pilot in Lithuania doing what we hope is pretty much the same job with the same training makes only $1,674? (These figures, from worldsalaries.org , use 2005 dollars, adjusted for the actual purchasing power of various currencies.) Well, the explanation is obvious, isn't it?
October 7, 2010
Two years ago, the National Bureau of Economic Research looked at what makes for successful CEOs, specifically those at companies involved in buyout and venture capital deals. "Success and performance are more strongly correlated with execution-type skills than with interpersonal and team-related skills," the report concluded in part. In other words, being able to get things done trumped being a good team player or a nice guy or gal. OK, so does that translate to maintaining physical fitness?
April 25, 2012 |
It's Apple's world. We just live in it. The tech giant has reported another blowout quarter , with its profit almost doubling. Strong demand for the new and improved iPad, plus gotta-have-it iPhone sales in China and other overseas ports of call, keep putting the cha-ching in Apple's bling. It's no secret how the company does it. Apple makes innovative products, it makes them well, and it constantly improves those products. This allows the company to charge a hefty price for its wares -- a price that consumers everywhere have been willing to pay. So here's the question: Why don't more businesses follow Apple's example?
August 14, 2012 |
Three and a half years ago, Rick Nahmias found a use for the untended citrus trees he saw in his Valley neighborhood. He organized volunteers and began harvesting the food for people in need, giving birth to Food Forward with one 85-pound harvest. His idea blossomed, and Food Forward announced that it had picked a million pounds of fruit. This week, it begins “harvesting” at a new location: farmers markets. The Farmers Market Recovery Program begins Wednesday in Santa Monica.
August 16, 1986
Steve Springer quotes Laker Coach Pat Riley as follows: "You learn nothing from success. You learn from failure." Baloney! When you succeed, you learn what it took to do it and you want to do it again, the same way or even better. You've got to taste success first and then hunger for the taste over and over. And you've got to remember what it took to make the success, to perfect the moves, the skills, to recreate the mood, the feel. Success teaches success, not failure. Sure, when you fail, you learn what not to do. But you have to have something to compare the failure to. Geez, Riley, with an attitude like that, it's no wonder the Lakers are in trouble.
September 27, 2012 |
If, as seems possible, Mitt Romney is not elected U.S. president on Nov. 6, he will not be the first presidential candidate to run on the issue of competence and then lose because he ran an incompetent campaign. He will not even be the first governor of Massachusetts to do so. In 1988, Michael Dukakis, who was ahead in the polls just after the Democratic convention, declared in his acceptance speech: "This election isn't about ideology. It's about competence. " Then he proceeded to blow his large lead and lose to George H.W. Bush, who turned out to be a tougher old bird than anyone suspected.