Comparison, escalation and the golf clap

Seth Godin Blog

Comparison and escalation are at the heart of what makes our culture work We've all encountered a tepid group, an audience that won't make noise, a bunch of disaffected students, or perhaps the distracted masses. Cat taught me this trick, which gives great insight into human nature.

Ukrainian Currency Comparison: Budget Rate vs. Official Rate vs. Interbank Rate vs. Street Rate

MishTalk

Last Friday, reader John told me the " street rate " for currency in Ukraine was not the reported 28 Hryvnias per US$ but rather on the order of 32 per US$. I asked John where he got his information. He replied, " from my sister who lives in Lviv ". Lviv is a beautiful city in Western Ukraine.

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“Up All Night” Protests Spread to French Prime Minister’s House, Teargas Used; Comparisons to US

MishTalk

The “Nuit Debout” (Up All Night) movement in France spread from the Place de la République (Republic Square) to prime … Continue reading → Economics

Existing Home Sales Solid, Not Spectacular; Be Careful With Year-Over-Year Comparisons

MishTalk

Existing home sales bounced in April as expected. Compared to pre-recession totals, sales look weak, but compared to the last … Continue reading → Economics

48.6% of Spaniards Aged 18-24 Would Take Any Job, Anywhere, for Low Wages; Ikea Spain Gets 100,000 Applicants for 400 Jobs; Walmart, McDonalds Comparison

MishTalk

Walmart, McDonalds Comparison To be fair, there is a major difference between McDonalds'' employees and Spaniards seeking jobs. In contrast to McDonalds'' workers in the US demanding $15 an hour wages, Almost half of young Spaniards accept any job, anywhere, despite low salary 48.6% of Spaniards aged 18 to 24 said they would accept any job, anywhere and even with a low income. felt very or fairly likely to have to work on what is available, 61.7%

How to Keep Envy from Poisoning Your Team’s Culture

Harvard Business

Create a culture of compassion, not comparison. Managing yourself Leading teams Motivating people Digital Article

The Benchmark That Builds Consulting Businesses

David A Fields

I only know if I have some sort of standard for comparison. Many readers know that I’m 6’1″ tall… if my posture is perfect, I think tall thoughts and I stand on two tins of homemade, coconut dream bars. Is that tall? Short?

Can a Public Company Ever Be Lean?

Markovitz Consulting

But comparisons with Toyota are pointless. Can public US companies really embrace lean? Well sure, they can deploy lean tools here and there, but the whole socio-technical system that comprises lean? I don’t think so. Wall Street pressure for quarterly profits competes fiercely with lean principles, both inside and outside the company.

Look, Doc, Before You Cut, How About A Ten Percent Discount?

Alan Weiss

What’s really going on, of course, is that the consultants allow themselves to become commodities by insufficiently differentiating their value, consequently price comparisons are inevitable.

Five (and a half) Pricing Strategies that Will Win You More Projects at Higher Fees

David A Fields

Look no further than the gas pumps to see the extraordinary, often nonsensical, choices made by shoppers reacting to comparisons. Prominent signs proclaim each brand’s current price per gallon, making it easy to compare among alternatives.

Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

An accounting firm has published a good comparison chart of the two loan programs here. We’re in an unprecedented situation because of the COVID-19 coronavirus, and the economic fallout has been drastic for many business sectors, such as travel and restaurants.

Showing vs. telling

Seth Godin Blog

All the promises, explanations and asides in the world pale in comparison with what you do. Too often, we forget that jargon and narrative exist to help shape our actions, not to replace them. Words keep getting cheaper, which makes action more valuable than ever

Disruption and distraction: Y2K, GDPR and Brexit

The Source

While Brexit is an unpredictable bump in the road somewhere on the horizon (possibly coming rapidly into view), comparisons are being made with two other considerable regulatory, and technological changes—the Y2K millennium bug and the EU’s 2018 General Data Protection Regulation (GDPR).

Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

Remember, even your higher rate will be cheaper in comparison.) ID 46944176 © Dundja | Dreamstime. It takes practice to quote your consulting billing rate with confidence. The tactics in this article will help if you bill by the hour or by the day.

Using the Right Performance Metrics: Watch out for P&Ls

Kates Kesler

For a simple comparison, consider this sports team analogy. We regularly work with CEO’s that are frustrated with leader behaviors that undermine enterprise strategy.

5 Ways Playing Small is Sabotaging Your Consulting Success

Consulting Matters

These feelings are particularly acute for both new and seasoned consulting and coaching business owners which in comparison to other business owners, growing to the next level is personal because your business is based on you.

Five Reasons Fed Won’t Hike Even Twice in 2017

MishTalk

Following that comparison, I present my reasons why all the expected hikes are not coming. On December 14, right before the FOMC decision I took a snapshot of rate hike odds and posted them in Fed Hikes Today, Then What? Today, we compare the before vs. the after, the latter is from Friday, December 16. more…). Economics

Compared to.

Seth Godin Blog

What is the comparison for? And then ignore all comparisons that don't relate. The most important comparison, in fact, is comparing your work to what you're capable of. Without a doubt, there's someone taller than you, faster than you, cuter than you.

Self-Employed? Prep for Tax Season to Save Big

Successful Independent Consulting

Each has pros and cons ( see attached comparison sheet ) but both work essentially the same. Tax season is probably the most important time for independent consultants to think like business owners. This especially means being smart about how we handle our money.

I Can't Do That

CaseInterview.com

This phrase comparison is a perfect example. Let's take a look at the following two sentences: I can’t do that. I can’t do that. Only one word separates these two sentences. But, they have profoundly different meanings. . The first sentence, “I can’t do that,” implies a permanent state that can’t be altered. By adding the word “yet,” as in “I can’t do that. yet,” it implies that the current status of your skill level can be altered with time. We can debate which statement is true.

Showrooming: Two Companies, Two Opposite Experiences

1 to 1

Since customers rarely leave their homes without their mobile phones, it''s easy to research an item and make comparisons while still in the store. The concept of showrooming has become ingrained in customers'' shopping habits.

PPI Services Shows No Price Pressures

MishTalk

but that is based on easy comparisons and it also includes a big jump in oil prices which barely filtered through. Wholesale prices show continued weakness, especially services. The BLS reports PPI for Final Demand Declines 0.1% in March. Services and goods both decreased by 0.1%. Year-over-year prices are up by 2.3% more…). Economics

Customer Loyalty Isn't What It Used to Be

Strategy+Business

The Internet and digital tools such as advanced search engines, review sites, price comparison apps, and social media platforms have changed how consumers make purchasing decisions. And the traditional means through which companies built up loyalty -- points and perks programs and advertising -- are no longer as effective as they once were.

Outsiders

Seth Godin Blog

All it means is that when people begin to measure themselves only in comparison to others ("How did I rank?") You can't have insiders unless you have outsiders. And you can't have winners unless you have losers. That doesn't mean that you're required to create insiders and winners.

Gap Between Nowcast and GDPNow Narrows to 1.9 Percentage Points: Or Does It? What Happened?

MishTalk

However, that straight-up comparison is invalid for reasons discussed below. On Friday, the FRBNY Nowcast estimate for first quarter GDP dipped from 3.2% to 2.8%. That makes the spread between Nowcast and GDPNow 1.9 percentage points. First, let’s investigate Nowcast changes. more…). Economics

5 Effective Content Marketing Tips for Consultants

Consulting Matters

Purchase : Your items for purchase are lower-price offerings, in comparison to a full-on consulting engagement. Content marketing is not some marketing fad.

Pattern matching

Seth Godin Blog

Not the obvious similarities on the surface, but the deep comparisons, the resonant influences, the patterns that a trained insider sees. The problem is that marketers often force the comparison, because we're so eager to get people to do Y, our Y, the Y we have in hand.

I’m the boss now! Top tips for new managers to make a successful transition into management

The Management Centre

We’ve probably all heard managers making unflattering comparisons with their predecessors between past, present and future. Moving into your first role as a new manager is a big deal. In fact, it’s probably the biggest step you can take in your career.

Over €1 Trillion Nonperforming EU Loans: EU vs US Percentages

MishTalk

For comparison purposed, a World Bank Report has the US at 1.3%, Japan at 1.5%, and Canada at 0.6%. An EU report out this month shows nonperforming loans were a staggering €1.092 trillion as of the end of 2016. The average non-performing rate in the EU is 5.1%, down from 5.7% in 2015. In contrast, Greece and Cyprus have NPL ratios of 46% and 45% respectively. Bulgaria, Croatia, Hungary, Ireland, Italy, Portugal, Slovenia, and Romania all have NPL ratios between 10% and 20%. more…).

People Don’t Want to Be Compared with Others in Performance Reviews. They Want to Be Compared with Themselves

Harvard Business

We call those temporal comparison evaluations. We call those social comparison evaluations. Our findings demonstrate that employees consider temporal comparison evaluations to be fairer than social comparison evaluations. After they finished their task, in one condition their manager provided evaluations that compared their performance from round two to their performance from round one; temporal comparison evaluations. HBR STAFF/Schreiber Sons/nypl.

Striking Weakness in Home Prices

MishTalk

Case Shiller 20-City Index Year-over-year comparisons have held stable at 5% in spite of month-over-month declining prices because of easy comparisons. Year-over-year comparisons will be increasingly difficult in the upcoming months.

Consulting Website Design 010: Setting Your Anchor [VIDEO]

Tsavo Neal

If he leads with his Mobile Onboarding Teardown at $1,200, and the offers were ascending in price, you would start to measure the following services compared to that smallest price — and they would look much bigger in comparison.

Video 78

Durable Goods Orders Surprise to Upside, Led by Autos

MishTalk

percent which reflects an aircraft comparison with the Farnborough airshow in July last year. Monthly vs. Yearly The skew in aircraft orders made the year-over-year comparisons this month (yellow highlight) especially tough.

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Management Consulted

Dueling Forecasts: GDPNow 4.2% vs Nowcast 1.8%

MishTalk

For comparison purposes, Nowcast was at 2.9% For the first quarter, the initial GDPNow forecast was 2.3% on January 30, 2017. The GDPNow forecast spiked quickly to 3.4% then crashed to a final estimate of 0.2% on April 27. on February 3, the closest date to the initial GDPNow forecast. The final Nowcast estimate was 2.7%. The advance GDP estimate from the BEA was 0.7%. Thus the Nowcast was two full percentage points too high. In contrast, GDPNow was in the ballpark but 0.5