Archive for the ‘Reference’ Category

1 March

French site

If you are going to visit the site on my post you will not just find the online trading but the site that uses the French language. Giving the latest and the updates when it comes to the online trading that many people find interest these days. With the use of the internet trading was made easy and simple. As you visit the site you can find the comparatif bourse en ligne, apprendre la bourse and the domiciliation. Visit their site and have the online trading.

25 February

The tough girl

My friend at the place that i work thought that I am a tough girl. Knowing that my home was not that safe place if you are going home late at night. They keep on asking me why I have to choose the night shift at work. But even if they do not ask me they are aware that I do study in the morning and work at night. Even if I am afraid to go home late at night I have no choice.
I told them I had something with me that I can be sure to protect me. A small item which I can use if time comes that a burglar or a criminal came across my way as I went home. I got the new design of the pepper spray and I had learnt a self defence’s technique on a karate club when I was in high school. I told them that self defence and the spray would give me courage not to be afraid on going home at night. I even asked my co employee who are also night shift to buy a spray for their protection. To be sure that anything happens they can depend their self. That a girl must tough in time that they are in trouble and the spray can also give you courage to fight.

11 February

Your web hosting

Every wonder why a lot of blogs just keep on popping out these days? Well, that’s because bloggers can also earn a lot from simply blogging. There are many blogger who are already earning thousands of dollars each month, giving them a really decent income. And they get that from just doing what they like, sharing their thoughts, and writing whatever they want.
There are many ways how bloggers could actually earn from their blogs. One of the most popular ways is to sell ad spaces on their site. I’m sure once you start blogging, you’ll have plenty of blank spaces there which you could sell. How much you could earn depends on some factors. If you get a lot of visitors or if your website has gained a good reputation, you can expect a higher pay from advertisers. But you can’t do all this without having a blog in the first place.
Getting yourself your own blog or website is really easy. Find and search for the best web hosting provider that you can have for your website. The provider that can offer you the cheapest and the reliable service when it comes to the web hosting service company.
You can have the list of the provider for the business hosting on the site that follows. The name of the company that can help you with your domain. Provide you the features and the service that you ca use for your blogs. Visit the site that follows where you can see the list of the top hosting provider. You can have the idea if which of them offers the best deal and service for the email hosting.
First find the one which suits your purpose for domain then compare to be sure that you are getting the best among the best. Then sign up for an account with a web host. They are responsible for getting your site live online. Find for the great web host and also provide domain name registration services. You can see those who offer their service on the basic hosting plan. They have a great tech support that you could ask for help whenever you have some problems with your site. With your free hosting account, you can already create blog, forum, web polls, photo album and many more. You can play with the design even if this is just your first time in creating a website.
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11 February

The leader

Another part of that distortion is necessarily a product of our biases about leadership. Our point of view is that some leaders want to be leaders and see themselves as leaders. Others rise to the occasion. In either case they see what has to be done and they do it. They provide stability and support while defining goals and providing reassurance. Sometimes they become leaders when they become angry about something, catch fire, and start to lead. The leader’s mistakes outshine others’ modest successes. Leaders state needs, formulate goals, and institute realistic methods for reaching them. They inspire and help others develop competences they need to serve the organization effectively. Managers become leaders when they learn to take a stand, to take risks, to anticipate, initiate, and innovate.
Leaders have a personal strategy, often vague, but nevertheless a blueprint that guides their careers. Leaders understand that big plans start small. Priorities and timing are of the essence. Step by step they build their integrated structure beneath them, not a single Maginot line but each step a platform for building more. They know what they do best and like best, and how to make those preferences and abilities valuable to others. They have a sense of what they want and a realistic, if not always conscious, understanding of how to get it. The leader is goal-obsessed. The goal may not be altogether clear, but the leader is always thinking about what should be done and how it can be accomplished, both in terms of life goals and organizational attainment. Their mental pictures of themselves as they would like to be in the future have an idealistic and idealized quality; therefore we speak of them as ego ideals. There is an intense striving for personal purpose which is translated into striving for organizational purpose, as differentiated from objectives and definable goals. And they become the leaders of others when they create the conditions for identification with themselves and thereby with the organization. By so doing they become the psychological glue that binds their followers together on behalf of the organization. The personal strategies of leaders, in the service of their ego ideals, breathe new life Into their organizations and attract others to their efforts, to sharing their vision and their sense of purpose.
Leaders work at getting support—from above, below, and way off on the peripheries. Early in their careers, they sense who likes them, trusts them, and appreciates them, and they find ways for these people to support their efforts. Leaders understand that without supporters, they simply won’t have the power to pursue their ideals. But they also understand that no supporter has to be behind all the leader’s goals, or even to fully understand what the leader is after. Generally, leaders are especially alert to people who respond positively to them—and they are astute at assessing how these people can give them leverage to get things done. Leaders get support because they give support. They seek people out, listen to their concerns, and help them understand and resolve the problems they confront. Leaders understand that disappointment and defeat are inevitable in everyone’s experience, and they help people anticipate and cope with them. Leaders also help others become more competent by sharing their skills, expertise, and political sophistication. They put their energy behind other people’s projects and find ways for others to share in their own success.
Leaders also build support by holding themselves up as models whom others want to emulate. They teach others how to persevere in the face of defeat, how to develop their abilities, and how to pursue goals that are worthy. Though leaders may demand more of their subordinates than other bosses do, their followers willingly give their best because they know they are doing more, learning more, and growing more than they thought possible. Leaders ultimately hold on to their followers because they impart great excitement and enthusiasm about their own work and devotion to the organization, and in that way spark their supporters’ creative energies.
Leaders are able to use their power base and implement their strategies because they are thinkers as well as doers. When a program, product, or strategy isn’t working, they don’t throw up their hands—they figure out what has to be done, confident that their efforts can make the future better than the present. Leaders enjoy conceptualizing, projecting, fantasizing. Where others dread afiibiguity, leaders welcome it, seeing opportunities to shape new directions. True leaders are not afraid to take over a failing unit or company, embark on a risky long- term venture, or face a sea of conflicting pressures: they welcome the challenge. And they know full well that safe ventures quickly go stale and never lead to significant success.
Because leaders are always figuring out how they can try new methods, take on more responsibilities, develop their people, and serve their organizations in new ways, they are never bored. They immerse themselves in their work because they love the process, and they seek the gratifications of mastery, usefulness, and creativity. Ultimately leaders are captivated by what their work means. They appreciate the larger social context of their work, and they shape their work to the significant social contribution they hope to make.
It is true that many people demand such perfection of leaders that no one could possibly measure up. Indeed, some demand that of themselves. But leaders cannot be leaders if they are driven by intense internal demand that denies them patience, timing, and flexibility. No leader can lay a major problem to rest in a matter of months, or sometimes, even years. Though necessarily heroic models, leaders cannot expect of themselves the wisdom to right the ills of the world. Wise leaders are those who are willing to propose, attempt, and initiate. They are leaders because they are ready to act when others are still confused, afraid, and indecisive. Leaders test their powers and expand their horizons, generating a life of creative activity that is, in itself, a gratification. Richard Nixon admired de Gaulle’s view of a leader as one who aims high, shows that he has vision, acts on the grand scale, and so establishes his authority over the generality of men who splash in shallower waters.’ 2 We agree.
Despite our experience and our biases, we learned much that surprised us (which we discuss fully in chapter 8). For example, we did not anticipate the degree of self-doubt several of our leaders verbalized, nor the effectiveness with which they mastered it. Although Levinson wrote a book, Executive, ‘‘ urging executives to be teachers, we did not anticipate the huge amount of time leaders at this level spent developing other people and ensuring succession. Nor did we appreciate the significance of the huge amount of money these leaders risked in research and capital expenditures as investments in an ambiguous future. Although the popular literature has it that the best place for innovation is in garages—in “the skunkworks”—the reality is that massive sums are required for systematic research. These sums were risked in three cases by leaders who were not themselves technically trained, and who overruled their own engineers and scientists to commit their companies to distant technical horizons. Despite much of the managerial literature advocating that management hang loose, all of the leaders were directive and demanding. Although they made a point of almost never giving orders, they got what they wanted because they didn’t tolerate for long not getting it. We were surprised by how willingly five of the six men handed over the reins to their successors, though each could have maneuvered to hold on longer. Finally, we were surprised that these leaders themselves were so willing to talk to us, and so easy to talk to. We were also struck by their modesty.
These, then, are our synopses of the experiences of six leaders, all of whom headed major corporations at the time of the interviews, one of whom still does. We think that what we have written accurately describes these men as they practiced their leadership and provides a reasonable basis for understanding their impact on their organizations. The reader can now test that understanding and share our surprises.

11 February

Head of the “Family”

But where to begin? To understand that question in context, one has to know the ethos of GE. Outsiders say that the GE monogram is stamped on the rear ends of its people. And well it might be, given the average of twenty-five years that senior managers have been with the company. They share knowledge, traditions, a history, a value system, and a self-image. From early on it is drummed into GE managers that the company’s image must be protected at the expense of short-term gains that compromise quality or integrity. Though the company was shaken by a price-fixing scandal that sent some GE vice-presidents to, jail, high standards of “ethical entrepreneurship,” moral integrity, hallmark quality, and technical leadership had long been integral to GE’s self-image.
Despite its size, its many divisions, and the enormous range of its products, GE is not a conglomerate. GE’s monogram is affixed to all products. (Hotpoint added “Made by General Electric” on its appliances.) That monogram constitutes a banner and a franchise under which everyone wins or loses—the “toaster rubs off on the turbine” theory—fostering the “one company” image. When Ralph J. Cordiner, Borch’s predecessor, decentralized GE in the early 1950S into no businesses, managers were continuously reminded they were still part of GE. Loyalty is highly valued, first to the company as a whole and then to one’s businesses. Self-aggrandizement is not tolerated. In fact, some believe that when Fortune featured Dr. Thomas A. Vanderslice as a potential successor to Jones, that killed his chances.
Loyalty is exemplified in another way. No one interviewed for this chapter, even those who had left the company, would say much that was negative about Jones or GE. Nor would they speak with financial reporters who sought to interview former GE executives about their GE experiences. That loyalty, together with strong hierarchical control and entrepreneurial-minded managers, makes for extreme responsiveness to corporate signals. When Fred Borch gave the signal that the company had to become international, according to Jones, “You couldn’t go into the airport at Frankfurt any day of the week without seeing two or three GE people moving through Frankfurt at the same time.” GE managers rushed pell mell to buy up companies—too many of which had to be divested in the next five years.
“GE has a unique culture. It’s a family. We enjoy each other. We don’t lose many in the family of GE people. We’re so supportive of each other,” said Jones. “We try desperately to save an individual who has failed, by placing him in a job that better matches his capacities, in order that that individual can make a contribution to the organization. We save many people. There is a renaissance of these people in many instances.” This is not merely pious talk. In one case, Jones demoted a failing group head to a regional vice-presidency where the latter’s customer contact and business expertise won him respect. In another, a senior executive requested demotion to a position in which he subsequently gained accolades.
The easy give-and-take informality that marks and promotes the network of friendships and collegial fellowship at GE is expressed in the emphasis on teamwork. GE executives come from many origins. There are said to be no old school ties or ethnic or regional cliques among them. Plaudits are shared with the group, and competition is muted and gentlemanly. An observer might even say that it is suppressed. This may explain the insiders’ image of the company as having a low incidence of politics. The expression of caring and concern for people is balanced by a reverence for analytical, objective approaches to business. Some attribute this to the large numbers of scientists and engineers in the organization. Conservative comportment in dress and speech (profanity raises eyebrows) is paralleled by marked financial conservatism. “It’s a mature company, balanced, sound, solid, one of the most financially conservative companies,” Jones remarked, adding, “A foreign visitor once said, ‘The company reminds me of a staid old woman who looks both ways before going across the street.’”
Another facet of the company’s character had nearly led to a financial rout. “I knew that GE traditionally never gives up on anything,” Jones told a reportel. as he replayed his role in the venture into computer manufacturing, and in the 1970 retreat. An early booster of entry into computers, Jones, then financial vice-president, sounded the alarm in 1970 to reassess that costly effort. “We never appreciated the size of the opportunity and we never devoted the resources to it that we should have,” Jones told the Wall Street Journal. He was a key member of the task force assigned the job of reexamining the venture. They proposed and won approval for immediate withdrawal, and Jones was asked to execute it. His and others’ analyses showed GE’s strength in international markets and Honeywell’s in the United States, GE’s strength in the largest and smallest computer lines, Honeywell’s in the middle. Combining the two product lines and the marketing organizations would create a strong competitor, an outcome that negotiator Jones impressed upon Honeywell as well as the Justice Department. He spent nine months negotiating the deal. Out of the subsequent sale to Honeywell, GE recouped $240 million of its losses.2 Pundits note that had GE delayed a year or two longer, it would have had to close out that business at a far greater loss. Many believe, as Jack Parker said, it was literally Jones’s crowning achievement.3
There was no organizational revolution when Jones took over. He knew he had to work “with the grain.” It was not a matter of going along to get along; he abhorred the prospect of a GE turned bureaucratic. But Jones grasped that the grain—GE’s traditions, its culture— was the transducer through which he would harness, energize, stabilize, and steer this leviathan through whatever economic seas it might encounter.

11 February

Liquidity

GE’s rapid growth of the 196os had allowed slack in the reins of financial controls. By late 1973 the liquidity problem was compounded by rising interest rates, cash management problems, double-digit inflation, the financial plight of the electric utilities (major customers), the reality of a serious business downturn, and the energy crisis with its high costs and material shortages. Jones insisted on attention to financial fundamentals—balance sheets, cash flow, return on investment, and costs. Getting receivables down was accomplished mostly by teaching the whys and hows to the top layer in the company.
Jones had not been known to be a good public speaker. In his earliest speeches as president, he chain-smoked while he read his notes. In one of his first appearances at GE’s Crotonville, New York, training center, he made a brief courtesy appearance with a ten-minute presentation that disappointed his managers and left them wondering what he had said.
Reg was very much aware of the fact that he was not an outstanding public speaker, and that he needed to improve his podium skills in order to do well as a chief executive. By reading books on speechmaking he learned to respond to the short attention span of his listeners and to recognize the need for pointed examples, humor, and dramatic quality. He listened to recordings of his own speeches. And, essentially, he became a good speaker by polishing his own skills rather than by formal training. Now he took to the stump. In sessions with individuals or staffs of component organizations, his message was consistent. “We’ve got to stop the hemorrhaging. We have to learn how to manage cash
because we’re in desperate straits. You must each find ways to cut inventories, to reverse the course of receivables. We’re cutting back on appropriations.”
Only when this behemoth began to turn around and it was obvious that the crisis was clearly behind them did Jones cease his jawboning. In 1975 Jones went out of his way to tell his people, “My God, if you can turn this General Electric Company around, there’s nothing you guys can’t do. Look what you did with this. You turned this cash situation around in six months.”

17 July

Recognize Money’s Most Important Characteristic

Money has many important characteristics. Probably the most important one to you in your search for home riches is that money will never seek you out. You must seek out money.
Sitting and dreaming about what you’d do if you had a million dollars is a good way to prepare yourself for the home riches you seek. But these riches won’t come to you until you take action— until you action your search for riches. Dreams, plans, schemes, and hopes mean little until you go out and do something about them. But once you begin your search for home wealth using the ideas In this book you’ll find that big money is easier to earn than you ever thought possible.

17 June

Choose Your Home Income Goal Now

Here’s a handy form on which you can record your home-business income goal now. Decide how much you’d like to earn. Be realistic
— you might want to earn one to two million dollars per year at home, but this is almost impossible, unless you turn your home into a factory. You can, however, easily earn $100,000 to $500,000 per year at home without turning your living room into a warehouse. So, during the course of four or more years, you can earn one to two million dollars in the privacy of your own home. But if you want to earn, let’s say, two million per year, you’ll have to rent, buy, or build a factory or office/warehouse and work away from home.
Enter your income goal in the form below before reading further. Just the act of writing down a realistic income goal puts you one step closer to that flood of wonderful money you can earn in your own home.
My Home-Business Income Coals
By I want to earn $ per year.
(date)
By Iwillbeginmy
(date) (type)
business in my own home.

12 February

Trusts

What Is a Revocable Living Trust?
A revocable living trust is a set of documents stating who controls your assets while you are alive and what will happen to them when you are gone.
How Is a Revocable Living Trust Different from a Will?
While a will says where you want your assets to go after your death, with a revocable living trust you take the steps while you are alive to sign the title of your property over to the trust for your own use and benefit while you are alive. You also specify in the trust where you want each piece of property to go when you are gone. The property is held in the name of the trust—for you, while you are alive, and for your beneficiaries, after you’re gone. When you die the trust passes your property directly to the people you want to have it. The trust lives on even after you’re gone, carrying out your wishes. Anytime you want to, you can amend the trust, so you can always change your mind about who gets what. Most important, with a trust, there is no probate. The courts are not involved in the transfer of your estate.
Think of a trust as a suitcase, into which you put the title to your house, your stocks, your other investments. With each item you have specified who will own it after you die. You carry the suitcase while you are alive—you’re perfectly free to put new things into it or take anything out—and then it gets handed directly to your beneficiaries upon your death, at which time they can open it and take Out whatever is in it.