HRMATT Conference Slides and Audio

The outputs from the HRMATT conference from my speech on “The Trinidadian Executive in Jamaica” can be received by sending email to hrmatt2007@aweber.com.

Both the PowerPoint presentation and the audio from the speech can be accessed through the email.

Instructions:

1. Send email to hrmatt2007@aweber.com and wait a few minutes
2. Follow the instructions and click on the confirmation email
3. The email with the information should be received within a few minutes

Email is Easy to Write (and Mis-Read)

Here’s an interesting article that all Caribbean professionals should read, because there is a lot to learn from professionals in other countries who have spent more time using and abusing email.

Here is an excerpt:

[…]e-mail generally increases the likelihood of conflict and miscommunication.

One reason for this is that we tend to misinterpret positive e-mail messages as more neutral, and neutral ones as more negative, than the sender intended. Even jokes are rated as less funny by recipients than by senders.

We fail to realize this largely because of egocentricity, according to a 2005 article in the Journal of Personality and Social Psychology. Sitting alone in a cubicle or basement writing e-mail, the sender internally “hears” emotional overtones, though none of these cues will be sensed by the recipient.

Read carefully!

Customer Relationship Value vs Customer Lifetime Value

An interesting article in this month’s Harvard Business Review describes the difference between Customer Referral Value (CRV) and Customer Lifetime Value.

CLV is more well known — it is the lifetime value of a customer to a particular company. The value is computed by taking a sum of their purchases from the company over time.
CRV is more tricky — it is defined as the value of the customer’s referrals over time. In other words, it is the degree to which other people do business with the company as a result of being referred by that individual.
What is interesting is that the two are not necessarily related.
Miss Mattie, who rarely frequents the store and hardly buys anything when she does, could turn out to have very high CRV if she happens to be the helper of the richest family in the district, and her sister also happens to be the helper of someone else in the same family.
In an earlier post, I made the point that traditional CRM is too shallow an instrument to measure the value of a customer in Caribbean economies. I argued that the person’s network was just as important, and to ignore the Miss Mattie’s of the district is to do oneself grievous harm.
This new measure is, I think, an important one in understanding retail behaviour in the region, marked as it is by vast disparities in income and education. The societies are small, and CRV is critical to understanding the importance of customers by beginning to understand the quality of their networks, and the likelihood of them giving a positive referral.
When the CRV is known, companies can make intelligent decisions about how to market and advertise to each customer. Such an analysis is sure to produce some surprises.

Almost the Last Day to Vote for My Proposal

In a prior post on Sep 20th, I mentioned that I had entered my proposal to write a new, hopefully revolutionary, manifesto on the skill of time management.

What I have neglected to mention is that since my last update on Sep 23rd, the proposal has garnered 435 votes. So far, it’s the most popular proposal of the 11 being offered up this month.

I have no idea what the threshold is to be asked to take the next step and “write a manifesto” but… if you haven’t voted, please do so.

The final date is Friday Oct 19th.

The title is “On Time Management: Toss Away the Tips, Focus on the Fundamentals”

Click here to be taken to the proposal.

Culture Change Gone Bad

While a culture change is very hard to do well, it is very easy to do badly.

In this article from CNN, entitled “No storybook ending after tycoon dolls up vilage,” a millionaire adopted a US town, and attempted to give it a makeover.

As could be predicted, she ran into resistance, as the towns-people gradually developed a hostile resistance to her ideas and interventions.

I think she misunderstood her challenge — it was not to change the physical environment, but instead to cause a shift in the culture of the people in the town.

This is a mistake that CEOs often make – believing that money can buy just about anything.
Sometimes it can buy hearts and minds, but when it does the kind of people who end up being bought are usually not the strongest characters, and they are not likely to stay bought for long.

This approach just does not work, as this tale amply demonstrates.

Heedless Self-Interest

In an article from the New York Times, I found the following quote:

“We have always known that heedless self-interest was bad morals,” said F.D.R. “We know now that it is bad economics.” These words apply perfectly to climate change. It’s in the interest of most people (and especially their descendants) that somebody do something to reduce emissions of carbon dioxide and other greenhouse gases, but each individual would like that somebody to be somebody else. Leave it up to the free market, and in a few generations Florida will be underwater.


In a prior post, I wrote about the importance of appealing to people’s self-interest as a way to change the culture of a company. With more information, I argued, people naturally do what’s best for them and others, once they can see the apparent interconnection of all that is.

The Course in Miracles says that the fact that we are all connected means that attack is impossible, as it rests on the idea that we are somehow separate.


A TV Appearance

I had the privilege of appearing on Tuesday (Oct 9th) on a Trinidadian television programme as one of the speaker’s at the recently concluded HRMATT conference.

It was a lot of fun, and there was a lot of playful conversation between the two hosts, Jessie Ventour and Fazeer Muhammed.

I, like many West Indians, remember the voice of Fazeer Muhammed from region-wide cricket coverage. His voice is quite recognizable, and so very easy to listen to.

Jessie, for her part, is an ultra-capable radio/TV jockey who controls everything happening in the studio with what looks to me to be the latest equipment. She is the radio show host and the control room at the same time, which is something I was not prepared for — I was thinking of studios from the past (apparently the distant past.)

In a few days, I’ll be finished fixing up the sound on the recording and will load the entire interview up on my website.

Updating The One Page Digest

The One Page Digest is almost a year old, in terms of issues.

It has been a useful addition to the Framework Info products, and a good way to share useful links quickly and efficiently with the over 288 subscribers it currently enjoys.

I am wondering whether or not it should be changed or upgraded in any way. If anyone has any useful ideas, please either share them here or send your feedback to me personally.

Most of the back issues can be viewed at http://urlcut.com/digesthome