Hello.

Some of you checked in with me just to see how I was doing because I stopped posting. To be honest…I just didn’t know what to say.  To be upbeat seemed glib, to be honest was depressing.  I wrote a couple of posts but just couldn’t bring myself to post them.  But today is different.

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Replacing Presenting

This was an interesting article in the WSJ: “Nine Easy Steps to A Better Day at Work”….the one I really liked was the last one: “Replace presenting with reading.” Apparently, at Amazon, there are no dog and pony shows via Powerpoint. You get a discussion document which is read by the group in silence. Then it’s open for discussion.

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How To Reduce Expenses

Expense reduction is a hot topic right now….I find that the pendulum swings back and forth: focus on investment (revenue growth) vs focus on expenses (margin protection). As an ex-COO in Operations, I’ve only known the expense focus side. Growing up in retail financial services where margin was measured in basis points, it was a never-ending focus on expense management. So what lessons did I learn in reducing expenses?

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Where Have I Been?

I know, it’s been ages. But I promise you I’ve been working on how to continue the dialogue on Lessons Learned.

One pet project of mine is what I call Personal Profitability….it’s a framework, a mindset, a set of tools (excel spreadsheets) which helped me get to a place where I could get a handle on my financial health. None of it is particularly earthshattering, but I just found a huge gap between saving money and what to do next. And I just sort of stumbled through it: opening an IRA, contributing to a 401k, buying an apartment, working for 25+ years.

Looking back, there were some things I did right. There were also some things I did very wrong (Gordon Gekko was right “first lesson in business is: Don’t get emotional about stock”).  So, I’m starting a new chapter about Personal Profitability.

One note…I still think my lessons learned is relevant. Because a big contributor of financial security is the ability to perform at work. The better you perform, the more you’re valued,  the more you’re paid, and the more likely you’ll be a valued member of the team.

So stay posted….. GP