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. Can everyone give me a golf clap, a level one clap, a quiet, polite amount of applause?". Of course, everyone can do this. This is risk-free, enthusiasm-free and easier to do than not.

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. John did not know what the " street rate " was yesterday, but he informed me the " interbank rate " was 31.50 to 32.50. The interbank rate is higher still today.

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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

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. And drivers whose time is worth hundreds of dollars an hour will drive miles out of their way or wait in line for what amounts to a dollar or two off their total bill.

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.

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.

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.

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

Choices

Alan Weiss

The prospect will focus on price comparisons and decide whether your particular alternative is needed and appropriate under current conditions. If you approach a prospect as a sales person, or vender, with a program or service to sell, you will be seen as a commodity.

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

The Upside of the Burnout Crisis

Brimstone Consulting

In comparison, only 24% of leaders who reported not feeling used up said they had to leave to advance, and only 6% expected to leave their current company within the next year. There is a silver lining to the burnout crisis.

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.

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. There are other ways to bill for your talent and expertise but those will be covered in another article. Benchmark so you know your rate is reasonable. There are lots of ways to do this.

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). Whatever your views on Brexit, it’s proving frustratingly impossible to ignore. Since the referendum in June 2016, the process has acted as a vortex, sucking in energy from across sectors.

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.

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

For 2016 Summer Olympics, TV Ratings Sag; Digital Consumption Soars

Think Customers

As a comparison, the 2012 Summer Olympic Games in London primed the cour Content is being consumed across a wider range of channels, devices, and even through virtual reality. Consequently, viewers watching this year's games from second-screen devices are expected to top out at 85 percent, according to Global Web Index, which also estimates users will spend an average of 41 minutes watching online video. Additionally, fans on Rio 2016's Facebook page are expected to exceed 1.4

Mindfulness in the midst of a busy day: becoming aware of first responses

Brimstone Consulting

Practice not doing anything about the sensory input; watch for judgments or comparisons, or the urge to fix or do anything. How can a busy leader incorporate mindfulness into their day? Attention is one critical aspect of mindfulness.

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.

Are you a Loser, Struggler, Con Artist, or Winner?

The More Clients Blog

Comparison. When it comes to persuading a prospective client to buy your services, it ultimately comes down to two big things. Honesty – That is, does your service actually deliver the results you say it does?

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. Our motivation is simple: pay as little tax as possible, ideally without triggering an audit. We all should be asking ourselves (and our accountants) this question: As a business owner, what can I do to lower my tax bill?

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. We don't have to look very far to find someone who is better paid, more respected and getting more than his fair share of credit.

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…).

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. There’s more… To read the rest of this blog posting click here or visit www.1to1Media.com/weblog. customerexperience customerloyalty customerservice customerstrategy sales showrooming

Pain is real

Seth Godin Blog

The only way we have to understand someone else’s pain is to consider it in comparison to our own experiences. And it is unevenly distributed.

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.

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. then you need to accept the impact of those choices. It's entirely possible to be happy and engaged and productive without creating this dynamic.

The Four Social Media Horsemen Of The Scarcity Apocalypse

Forbes Leadership Strategy

Are you falling into the social media comparison trap? In her research, marketing professor Kelly Goldsmith examines people’s responses to uncertainty and scarcity, uncovering and explaining seemingly paradoxical effects

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. If it was a good idea to do X, then it's a good idea to do Y. When this statement is true, it's almost irresistible.

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.

Consultant Marketing Trust Barometer

Jerry Fletcher

What makes it more important is the ongoing comparison of results it affords the viewer and the efforts of the company to find and report on those points where the findings begin to diverge from previous norms. I’ll be keynoting on Trust in April.

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

4 Critical Tips for Aspiring Professionals

Tom Spencer

If some of your goals are currently way out of reach, start on the path that is robust in comparison to the objective. Finding a job as a young professional is a challenging task in any climate, however, by following these four tips you can increase your chances of kickstarting your career.

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. It’s simply the smartest way of finding and connecting with your ideal client, establishing your credibility, increasing your number of discovery meetings and close rates as well as giving you the platform to increasing your fees. Content marketing is essential for consultants because we are in the knowledge business.

Criteria for Selecting a Training Vendor

Gina Abudi

When selecting a vendor to provide training curriculum within the organization, consider the following criteria to enable comparisons between various training vendors: Content: How robust and complete is the content? How practical and usable is the content for participants once they complete the workshop? Can content be customized to be relevant to the organization? What [.]. The post Criteria for Selecting a Training Vendor appeared first on Gina Abudi.

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. For the third month in a row, the Case-Shiller 20-city seasonally adjusted home price index declined. Last month was revised lower. Economists were surprised.