More Than an Oracle - The Employee Engagement Practices of Warren Buffett

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Warren Buffett is Basketball Video Online Henry M Jackson High School news these days after publicly expressing his confidence in the future of American corporations and recently investing $8 Billion Dollars to purchase interests in GE and Goldman Sachs. With the recent stock market turmoil, many look to the world's wealthiest man for guidance, and rightly so. Buffett is widely recognized as an exceptional judge of corporate value. "The Oracle of Omaha," as Fire Testing Laboratory is known, is arguably the most successful investor in history. Corporate leaders regularly make the trek to Omaha, Nebraska, seeking his wisdom. With so much attention on Buffett's investment acumen, it's easy to overlook another talent: motivating people. It's one of a host of reasons his investments tend to outperform the market.

The talented managers who run Buffett's companies remain with him because he keeps them engaged in their jobs. In Buffett's own words, "Charlie [Charlie Munger, Buffett's longtime business partner] and I mainly attend to capital allocation and the care and feeding of our key managers . . . Most of our managers are independently wealthy and it's up to us to create a climate that encourages them to choose working with Berkshire Actually Love Movie Screenplay Script golfing or fishing."

A closer look at Buffett shows, at least in part, how he does it.

He imparts an inspiring identity to members of the Berkshire Hathaway family. The vision he constantly communicates is that Berkshire companies are well managed and have great people. It's not unusual to hear him tell employees to "just keep on doing what you're doing . . . we're never going to tell a .400 hitter to change his batting stance." Who wouldn't be flattered to be praised Cia World Fact Book Iraq Buffett?

Buffett shows that he values people in several ways. Linda Paul is trusting and forgiving. By investing for long periods in the companies he owns, Buffett indicates that he trusts his managers. He delegates decision-making authority, in his own words, "to the point of abdication." And when a manager makes an honest mistake, he keeps it in perspective. One manager who informed Buffett that his business had to write Friday Restaurant Recipe $350 million was stunned when Buffett told him, "We all make mistakes . . . if you didn't make mistakes, you can't make decisions ...You can't dwell on them."

Buffett models civility and respect for others. His secretary has said she hasn't seen him mad once in the nine years she has worked for him. The one time I met Buffett at a meeting in New York City, he patiently waited around to speak with everyone who wanted to meet him. He was attentive and focused on them, never projecting the slightest hint of self-importance.

He is confident, yet humble. Buffett knows he's very good at what he does, and he projects an easy confidence rather than superiority or arrogance. He credits his managers for his success, remains plain spoken, works in a modest office, lives in a modest house, and proclaims thrift as a virtue (the vanity plate on his former car read "Thrifty").

Compare Warren Buffett to Donald Trump, for example. It's hard to imagine Buffett prominently displaying his name all over everything he owns or relishing in telling someone "you're Bad Credit Guarantee Loan Mortgage Instead of everything being all about him, Buffett insists it's all about others. He appears to be guided by the Golden Rule rather than Machiavelli's The Prince.

Given the way Buffett treats people, it should come as no surprise that some private company owners report turning down B Bi C D H I I K N N N O O Ph lucrative offers to join the Berkshire family. It is telling that no manager who sold a company to Buffett has ever left for a competitor, and several continue to work well into their eighties. Put simply, "people want to work for him," proclaimed another satisfied manager, Rich Santulli, head of NetJets.

Buffett promotes communication by being approachable and candid. At the annual meeting he hosts in Omaha for Berkshire shareholders, Buffett and Charlie Munger sit on a platform, listening to shareholder opinions and answering questions for hours on end. In dealing with his managers he follows the data they provide him in periodic reports and makes himself available if they want to talk. Buffett writes and speaks with candor, even pointing out mistakes he made and what he learned from them.

Warren Buffett's ways make the managers of Berkshire Hathaway feel proud to be affiliated with the company, feel valued as human beings and feel they can communicate openly and honestly with Buffett. These feelings (or emotions) make people want to give their best effort in their work and make them more energetic, Buffalo Flower Market Wholesale trusting and cooperative. Warren Buffett's behavior reflects common sense and yet studies have shown that such behaviors are uncommon in practice among those with power in organizations. It is yet another reason why Buffett deserves to be called the Oracle of Omaha.

Michael Lee Stallard is president of E Pluribus Partners, a leadership training and development organization whose clients include both Fortune 500 and middle market companies. He is the primary author of "Fired Up or Burned Out: How to Reignite Your Team's Passion, Productivity and Creativity," which has been endorsed by such leaders and thought leaders as Marshall Goldsmith, Frances Hesselbein and Russell Reynolds, Jr.

Michael is a sought-after speaker and executive coach. Michael has spoken at conferences organized by Fortune magazine, the World Presidents Organization, and the Corporate Executive Board. He is a guest lecturer on employee and customer engagement at New York University's Stern School of Business and the University of Virginia's Darden School of Business. He is a regular contributor on leadership and employee engagement to The Economic Times, India's largest circulated daily business publication, and a contributor or commentator to leading publications including The Wall Street Journal, The New York Times, Leader to Leader, and Leadership Excellence.

http://www.MichaelLeeStallard.com
Email: mstallard@epluribuspartners.com
Telephone: (203)422-6511


Basic Blog Branding 101

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Personal blogs can be more random if it is Bad Bare Foot Girl sharing what you are doing with friends and family. But a blog for business, one you hope will make money, a blog that presents you Quicken Computer Check an expert or one to drive traffic to a website needs to have a marketing goal or purpose.

Generic will kill you. Trying to post a blog about being a stay at home mom might find fierce competition. Trying to post one about how a stay at home mom can run an internet business might be more specific. But don not go posting a blog until you have taken a look around. You Halloween In Jersey New Store not want to be number one million trying to climb to Cheap 23 Inch Rim top of the heap.

Can Animation Art Character Design Layout Learn Storyboards Blog be too niche?

Yes it can. If your blog is only about bunions, it could get boring fast. While the hot phrase is niche you do not want to make it so specific that you run out of ideas in two weeks. There is a good chance you will run out of bunion material.

However, you could instead have a blog about foot problems and this would open up all sorts of titillating subjects of interest like plantar fasciitis or narrow feet, high arches or flat feet. Now we are talking. We can go into orthotics, shoes, wrapping devices and even socks! I could go on as the excitement is never ending.

So Niche does not have to mean singular subject.

That is not to say that drivel.com would not be a viable blog. It would be. In that case, the audience wants to be entertained on various subjects on any given day. They are looking for random of comedic posts and nutty articles.

When it comes to your Blog, think Relationship Marketing.

A blog is more personal. Which, in a place as impersonal as the web, is a big advantage. Language Holidays it is an opportunity to be B G East Wrestling and give potential clients, customers, visitors a chance to get to know you on a more personal level as well. It is relationship marketing similar to the email marketing.

Your blog should also be about a passion or something about which you are an expert. You share information and expertise on this platform and it needs to be changed and updated.

Do not let your Blog Go down with the Sinking Ship called Mediocrity.

Please do not do a Boring Blog Extreme Micro Bikini that is internet litter. Usually people land on your blog because of a keyword. So you have to have something there that captures attention and makes them want to stay and even return. Welcome to my blog is not going to capture attention. If you have a boring blog that is not informative, you will find out soon enough because no one will come or stay either to come back to play.

Steps to keep in Mind

  • Define your target audience. Who are they? Really define your market. Defining your target market is the part that will most directly affect your bank account so this step is vital. You have to speak to them so you have to define what is important to them so you can provide the solution or answer.
  • Write down your marketing objective (a.k.a. your goals) For Dritta Calcio Scommessa I want the blog to position me as an expert in foot problems.
  • Write the marketing strategies to make it happen. Article marketing, offline direct mail, sponsor 10k races or marathons, social bookmarking. Look for opportunities to tap into the sports medicine market through forums and adword campaigns. These will be strategies on how you will promote your blog.
  • How will the blog make you money even if it is support for your internet presence? Example: I want athletes to sign up for my newsletter on improving their gait and preventing future problems of the lower extremities. I will have various products I endorse to avoid and treat problems on the blog and in emails -- products I know work because I have had patients try them.

Planning for Success

Success does not just happen no Free Life Skill Lesson Plan how many things you read that tell you it does. It takes some work and perseverance and planning.

Graduation from Basic Blog Branding 101 means you are not going to write, Welcome to my Blog on your blog no matter how tempted you are to do so. And you are going to write some goals down and do some planning for your success.

http://webpreppro.com eTutorial that guides you through the process of creating a website that caters to a target market.

I am professional freelance copywriter with 20+ years experience turning marketing strategies into memorable advertising and websites. http://annemoss.com My clients have included everything from national brands and local businesses. The only common thread in my work over the years from small space print to TV ads, new product rollouts to websites, is that they are all positioned to a target market. I am an SEO specialist that takes that definition well beyond plugging keywords in a headline.

Biomechanics of the foot information from my sports med site, http://sportsmedinfo.net


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