Wednesday, May 16, 2007

The Wall Street Journal, night operations in Italy

16.00h (Mon 14-05-2007) : Italy, Milan station
The "Mandarin Duck", a Eurostar Train, will take me to Rome.

20.30h: Arrival Rome trainstation.
(Every big Italian railwaystation suffers from an explosion of flatscreens. There is no
flatscreen-free-pilar to be found anymore.)

Our new distribution team in Rome, Emilianpress, will take me to the printplant in Carsoli.
Second to the left, owner Daniele. Tonight I will accompany 'Goldy-Singh' (or Massimo for his friends), far left, on his distribution tour.

23.00h: printplant in Carsoli, 78 km from Rome:
waiting for "good copies" of The Wall Street Journal
to come from the press.

00. 20h: mailroom in the printplant:
IESE stickers are glued manually to the newspaper.
'Goldy-Singh' and I will leave printplant around 01.30AM.

01.55h: First stop: printplant Lito Sud.
The loading dock of Lito Sud is a connection point for dozens of drivers and different newspaper titles. Wall Street Journal copies are passed around to drivers from the TAV cooperative, who in the first place come to Lito Sud to collect one of the biggest local Roman newspapers, Il Messaggero.


02.25h: Second stop: HDR.
Certain copies for Fiumicino airport are dropped of.


02.55h: Third stop: Galetti:
Delivery of another batch of copies for Fiumicino airport.

03.00h: Fourth stop: IMC:
Delivery of a third batch of Wall Street journal copies for Fiumicino Airport.


04.30h: Rome Center: I will go to my hotel in the center of Rome,
but 'Goldie-Singh' still has some deliveries to attend to.
He will finish his tour around 10 AM.
(view from balcony of my hotelroom).


14.00h (Tuesday 15-05):
Taxi from Rome center to Fiumicino airport


17.30h: somewhere above the Alps: flying from Rome to Brussels

Monday, May 14, 2007

Following Wall Street Journal copies from Zurich to Milan

Wall Street Journal Europe has a new partner in Italy. My team is following up on the transition in the field. Most of our Italian copies however are printed in Zurich, Switzerland. I have the pleasure of driving from Zurich to Milan overnight with Sadat, a 26 year old driver, who left his job at DHL 1 month ago to come and join our Swiss distributor securing each night the 4 hour drive from Swiss to Italy. To illustrate that globalisation goes hand in hand with immigration, he explains that he originates from Macedonia, lives in Switzerland, speaks Swiss German with his young wife and child, but speaks Albanian with the rest of his family because that is actually his mother tongue. Even more in detail, his sister, Raimi, who got him his new job, working nights in our Swiss printplant as a mailroom responsible, now carries a Serbian name after marrying a Serbian man. And yes, he thinks Kosovo should be a state on his own.

To get to starting point in Zurich I have to fly from Brussels to Zurich, followed by a train from Zurich to Will, followed by a city taxi to the outskirts of Rickenbach.

Wall Street Journal and Barron's arriving at a retail depot in Milan at 4 AM after an exhausting 4 hour drive from Zurich.

Tuesday, May 08, 2007

Boomerang professionals

Nickname used to describe US managers of Indian origin who are asked to go back to India to work as an expat in their home country after having earned their stripes at a Western company.

It seems there is a hugh demand for ambitious global managers in India. Indian recruiters from prestigious search firms are looking for expatriate talent. A word of warning though: to flourish as a foreigner in India, "your really have to be psyched for it; it is a love-hate place," says a Goldman Sachs topmanager stationed in India.

Monday, May 07, 2007

Management Guru Listing: 50 Management Guru's

Below list was created by Accenture in 2003: Accenture used the term 'business intellectuals' for the following 50:

  1. Michael E. Porter
  2. Tom Peters
  3. Robert Reich
  4. Peter Drucker
  5. Peter Senge
  6. Gary S. Becker
  7. Gary Hamel
  8. Alvin Toffler
  9. Hal Varian
  10. Daniel Goleman
  11. Rosabeth Moss Kanter
  12. Ronald Coase
  13. Lester Thurow
  14. Charles Handy
  15. Paul Romer
  16. Henry Mintzberg
  17. Michael Hammer
  18. Stephen Covey
  19. Warren Bennis
  20. Bill Gates
  21. Jeffrey Pfeffer
  22. Philip Kotler
  23. Robert C Merton
  24. C. K. Prahalad
  25. Thomas H. Davenport
  26. Don Tapscott
  27. Malcolm Gladwell
  28. John Seely Brown
  29. George Gilder
  30. Kevin Kelly
  31. Chris Argyris
  32. Robert Kaplan
  33. Esther Dyson
  34. Edward de Bono
  35. Jack Welch
  36. John Kotter
  37. Ken Blanchard
  38. Edward Tufte
  39. Kenichi Ohmae
  40. Alfred Chandler
  41. Janmes MacGregor Burns
  42. Sumantra Ghoshal
  43. Edgar Schein
  44. Myron S. Scholes
  45. James March
  46. Richard Branson
  47. Anthony Robbins
  48. Clayton Christensen
  49. Michael Dell
  50. John Naisbitt

Compared to the list of 2002 Accenture decided to drop David Teece (49) and Don Peppers (50) in favor of Paul Romer (the new number 15) and Malcolm Gladwell (the new number 27).

Sunday, May 06, 2007

Management Guru Listing: 50 Management Guru's

Below list was created by Accenture in 2002: Accenture used the term 'business intellectuals' for the following 50:

  1. Michael E. Porter
  2. Tom Peters
  3. Robert Reich
  4. Peter Drucker
  5. Peter Senge
  6. Gary S. Becker
  7. Gary Hamel
  8. Alvin Toffler
  9. Hal Varian
  10. Daniel Goleman
  11. Rosabeth Moss Kanter
  12. Ronald Coase
  13. Lester Thurow
  14. Charles Handy
  15. Henry Mintzberg
  16. Michael Hammer
  17. Stephen Covey
  18. Warren Bennis
  19. Bill Gates
  20. Jeffrey Pfeffer
  21. Philip Kotler
  22. Robert C Merton
  23. C. K. Prahalad
  24. Thomas H. Davenport
  25. Don Tapscott
  26. John Seely Brown
  27. George Gilder
  28. Kevin Kelly
  29. Chris Argyris
  30. Robert Kaplan
  31. Esther Dyson
  32. Edward de Bono
  33. Jack Welch
  34. John Kotter
  35. Ken Blanchard
  36. Edward Tufte
  37. Kenichi Ohmae
  38. Alfred Chandler
  39. Janmes MacGregor Burns
  40. Sumantra Ghoshal
  41. Edgar Schein
  42. Myron S. Scholes
  43. James March
  44. Richard Branson
  45. Anthony Robbins
  46. Clayton Christensen
  47. Michael Dell
  48. John Naisbitt
  49. David Teece
  50. Don Peppers



Tuesday, May 01, 2007

Selection criteria for a top managing editor

The Wall Street Journal, the second biggest newspaper in the US (after USA Today) has a new managing editor, Marcus Brauchli. Very openly, Gordon Crovitz, executive vice-president Dow Jones, laid out the criteria that were used to find the suitable candidate. Almost all the below criteria could be used in a search for any top manager, whether working in a newsdepartement or somewhere else.

1. Integrity is the first requirement and is non-negotiable. Marcus has complete personal integrity and is absolutely committed to the integrity of the Journal and our news operations.

2. Independence: As you know, there are frequent pressures put on the Journal; you should also know that only Paul Steiger knows about some of the pressures that are exerted and shields you from them. Our managing editor must be able to keep the Journal independent from pressured applied by CEOs, politicians, government officials and others. Likewise, the managing editor must ensure that we never follow accepted wisdom or are guided by the opinions of any "media class." In an era of pack journalism, this is a real challenge-and for the Journal this is a great opportunity even more to stand apart and often alone.

3. A managing editor must be a great journalist. You can catch up on Marcus's clips at your leisure, but let me highlight that being a great journalist now means not just the traditional standards for news excellence, but also how we tell the stories and give the news, analysis and interpretation to our readers however, whenever and wherever they want it. Just as none of you any longer is just a "newspaper" journalist, the next managing editor must lead the Journal in all its forms, print, online and through digital channels yet to be invented.

4. The managing editor must connect intimately with readers and online users. Marcus showed during Journal 3.0 that he truly understands how very different our readers' needs are today than even a few years ago. The print Journal must move to even more differentiated, "what does the news mean" and only-in-the-Journal coverage, while the Online Journal must become even more the place for what's happening right now.

5. The next managing editor must have effective newsroom leadership. Marcus has an excellent record as a change agent, whether Journal 3.0, the repositioning of the overseas Journal as compacts, the global news desk or the speedy system. In an era of change, we must embrace change; Marcus will be a change agent, as Paul was before him.

6. Finally, the next managing editor must interact well with other news departments and with other functions across the company. Marcus has worked at Newswires and at the Journal, in Europe, Asia and the U.S. He's also worked very productively with our advertising, circulation and other business departments, always protecting church and state.

Tuesday, April 17, 2007

Trader Monthly

Dow Jones Jon Housman, the former managing director of The Wall Street Journal Europe took a bite out of the magazine market last year. He started publishing the quarterly Style Journal, a luxurious free insert in the newspaper, and he made a deal with Doubledown Media to co-publish Trader Monthly in the UK. Trader Monthly is a beautiful glossy magazine coming out every 2 months. The most recent issue came out this week in the UK, keeping me and my team busy with the distribution and transportation set up from Belgium where it is being printed to London where it is being distributed.

Most startling article in this issue for mere mortals as myself is the astonishing list of what the best 100 Traders earned last year. The top earner in the UK is even from Belgium !! Pierre Lagrange, 44, works for GLG Partners. His estimated income: 295 -396 Million Euro.

(Pierre Langrange, Noam Gottesman and Jonathan Green joined Lehman Brothers in 1995. They ran multi-strategy hedge funds. A few years later they left Lehman to found their own company GLG (Gottesman, Lagrange, Green)(in which Lehman still holds a 20 % stake).


However this is nothing to what the number 1 Trader earned last year: John Arnold.
Arnold (33!!!!!) works for Centaurus Energy. His estimated income: 1.108 - 1.478 Million Euro.

Arnold created Centaurus in August 2002 with $8 million of his own money. That is 8 million dollar he earned at Enron which he joined in 1995 out of college. He was credited with booking $750 million in profits for Enron in 2001 by trading natural gas contracts (he was 26 at the time). His reward: an $8 million bonus, the largest bonus paid to any Enron employee in 2001.

Arnold started Centaurus with his bonus and three employees trading out of a single large room with a kitchen. Centaurus amassed $1.5 billion in assets since then. Today, the company employs 36 people, including a full-time meteorologist. It has been closed to new investments for two years now.

Friday, April 13, 2007

Russell Crowe Style Journal in The Wall Street Journal Europe

Friday the 13th

Again our quarterly glossy magazine, Style Journal, had to be inserted in The Wall Street Journal Europe newspaper. My team was dispersed over Europe to follow up on the nightly operations. It is a complex set up because the magazine is printed centrally in 1 printplant (in Belgium, Antwerp!). From there the magazines are shipped to our 10 printplants (all over Europe and Middle East) to be inserted. Leaving from the 10 printplants the copies finally will end up in 75 countries.

I was following the ops in the German printplant. A fantastic experience because the energy of hundreds of people comes together in one timeslot from 11PM till 2 AM. On top of that, our German printplant is in hands of an extremely professional Turkish Media Group. Although it is a modern sophisticated German company based in Frankfurt, the operation is 100 % Turkish. With their continuous investments in new machines and technology they almost always find a solution to our increasingly complex requests.

I am glad to say that in none of the 10 printplants a Friday the 13th scenario unraveled.

Thursday, April 12, 2007

Mission Statement - NASA

Short, bold, beautiful, a mission statement and a vision only NASA can carry. First Vision I come across that dares to say the company is an investment in the future of the home country.

NASA Mission Statement

  • To advance and communicate scientific knowledge and understanding of the earth, the solar system, and the universe.
  • To advance human exploration, use, and development of space.
  • To research, develop, verify, and transfer advanced aeronautics and space technologies.

NASA Vision
NASA is an investment in America's future. As explorers, pioneers, and innovators, we boldly expand frontiers in air and space to inspire and serve America and to benefit the quality of life on Earth.

Saturday, April 07, 2007

Cambridge wins!


Cambridge won the 153rd Boat Race against Oxford today, in a time of 17:49. Experts had predicted a bigger margin for the crew with five returning Light Blues and two world champions on board. Oxford, though, started well and held off the Light Blues for the early part of the Race. Cambridge recovered, got into their rhythm and were a length ahead by Barnes Bridge.
Cambridge now lead the overall series by 79-73 (with one dead heat since 1829) and their win today prevented Oxford, winners in 2005 and 2006, from registering a hat-trick.
The 2008 Race will be on Saturday March 29th at 17.15.

Friday, April 06, 2007

Oxford versus Cambridge: Saturday April 7, 2007: 4.30PM

The Universities of Oxford and Cambridge have been battling against each other on the water since March 12, 1829. Two students, 1 studying at Cambridge, Charles Merival, and the other one, Charles Wordsworth (nephew of the poet William Wordsworth) studying at Oxford, challenged each other to row four-and-a-quarter miles on the river Thames. The race became known as the Henley Royal Regatta (although the students abandoned Henley for London for their second encounter).

Some highlights :
- Wins: Oxford : 73 wins - Cambridge : 78 wins - One dead heat in 1877
- Oxford has won four of the last five encounters
- Course record: 16.19 mins (Cambridge in 1998)
- Sinkings: Three (Cambridge in 1859 and 1978, Oxford in 1925)
- 1829: First race
- 1856: First annual race
- 1912: Both crews sank - a few weeks before the Titanic
- 1924-36: Cambridge win a record 13 in a row
- 1954: 100th Boat Race
- 1976-85: Oxford win 10 in a row
- 1984: Cambridge boat sinks after ramming a barge before even under starter's orders
- 1987-92: Oxford make it 16 wins in 17 years
  • Each year, the loser of the previous year's event challenges the winner to a new race.
  • In the early years of the Boat Race, the crews wore no distinguishing colours.
    However, in 1836 Oxford selected dark blue , the colour of their stroke-man's college (Christ Church), and Cambridge adopted the "duck egg blue" of Eton.
  • Seven million people in the UK are expected to watch the race on television, worldwide more than 500 million people will follow the race.
  • In 1981 Sue Brown became the first woman to participate in the Boat Race (cox).
  • Three time Olympic gold medal winner Matthew Pinsent rowed for Oxford in 1990, 1991 and 1993.
  • In the history of the race there has been one dead heat. "Honest John" Phelps, the judge on the finish, was asleep under a bush as the crews arrived. When awakened and asked the result, he said "Dead heat to Oxford by four feet"

Oxford won the 152nd Boat Race in 2006

Wednesday, April 04, 2007

Difference Between Leaders and Managers (12)

Leadership is about a sense of direction. The word 'lead' comes from an Anglo-Saxon word, common to north European languages, which means a road, a way, the path of a ship at sea. It is knowing what the next step is… Managing is a different image. It is from the Latin 'Manus', a hand. It is handling a sword, a ship, a horse. It tends to be closely linked with the idea of machines. Managing had its origins in the 19th century with engineers and accountants coming in to run entrepreneurial outfits. They tended to think of them as systems.
But there are valuable ingredients in the concept of management that are not present in leadership. Managing is very strong on the idea of controlling, particularly financial control, and administration. Leaders are not necessarily good at administration or managing resources.
John Adair (Interview Director Magazine, November 1988)

Thursday, March 29, 2007

100 years of Media Power Play

I met him on February 20, 2004 when he started as a temp at the Wall Street Journal Europe in my department. A young man, still a student, heavy bearded, Davy Drieghe. Quite unexpectedly he became a full time employee and strongholder of the department. He stuck his teeth in the distribution operations of our newspaper with an appetite and lust I had rarely seen. Then, as all good things in life, he left his first job to be able to grow beyond our means. He left us for... our competitor The International Herald Tribune based in Paris. Only free spirits and adventurers are able to part from their comfort zone for an uncertain future abroad. But his gamble is paying off, this week he was allowed to follow a management training in the US and to visit the mother house of The International Herald Tribune, the New York Times. If you're interested in media power play, enjoy below account of his walk through newspaper history.

Walking through newspaper history by Davy Drieghe

... On my way from the hotel to The New York Times I suddenly found myself on Herald Square. The square is named after the New York Herald, established in 1835 and originally headquartered there. The little park in the middle of the square is named Horace Greeley Square, after the New York Tribune publisher, the NY Heralds biggest competitor which was founded in 1841. The New York Herald obtained its rival the New York Tribune in 1924 and changed its name into New York Herald Tribune.

In 1966 the New York Herald Tribune closes down. The Paris branch, founded in 1887 under the name Paris Herald as an international outpost of the NY Herald, continues in joined ownership of New York Times and the Washington Post and is renamed the International Herald Tribune. In 2003 the New York Times takes over the Washington Post shares and becomes the sole owner of IHT. [As a countermove the Washington Post will join the Wall Street Journal in a loose partnership.]
Picture 1 to the right: New York Herald Building anno 1895, demolished in 1921 (photo: Wikipedia). Note the owls on the roof top; one remaining owl still can be found in the lobby of IHT in Paris.

Picture 2: Herald Square (photo: Davy Drieghe) , in the back “Macy’s”.

The New York Times itself used to be located on Times Square, famous for the annual New Years Eve countdown, and gave the square its current name. The NYT offices however moved almost 1 century ago to a less visible location on 43rd , a side street of Times Square. Later this year the NYT will move to a brand new and more visible office tower on the corner of 8th Avenue and Times Square, reclaiming its presence in New York.

Picture 3 to the right : NYT office on 43rd street.


Picture 4: New NYT building on 8th Avenue and Times Square, to be inaugurated in 2007.
The New York Times currently is the 3rd largest US newspaper in circulation, after USA Today and Wall Street Journal and is most renowned for its meaty Sunday editions. The International Herald Tribune remains one of the most influential newspapers available around the globe.


Picture 5 to the right: Sunday edition NYT






(Pictures 2-5: Davy Drieghe)

Tuesday, March 27, 2007

Difference Between Leaders and Managers (11): Answers Self Test

The answers and ideas offered come from experience with assessments involving hundreds of leaders and managers over time by A.J. Schuler, but yesterday's test is not a standardized test. I hope you find the discussion below interesting and educational.
Remember, most managerial jobs require some leadership practice, and executives need both strong management and leadership skills. The idea that real people are either “leaders” or “managers” is false - different jobs require different balances of each.

Self Test Answers and Discussion

1. TRUE or FALSE:
I think more about immediate results than I do about mentoring others.
Managers focus on the process and immediate efficiency more than leaders do. Leaders think about how they invest their time to develop the strongest talent so that those people can grow and do more and more over time. Leaders figure if they do that, those people will do a better job of watching and improving processes than they themselves will. “True” is more of a manager’s response, and “False” is more of a leader’s response.

2. TRUE or FALSE:
People will be motivated if you pay them enough.
Leaders understand that pay is a satisfier, not a true motivator. Once the satisfier is in place at an acceptable level, people are motivated by the nature of the work and challenges, opportunities to learn and grow, and based on whether or not they feel their bosses support or care about them. “True” is more of a manager’s answer, and “False” is more of a leader’s answer.

3. TRUE or FALSE:
It’s nice to know about people’s long-term goals, but not necessary to get the job done.
Someone once said that managers get “work done through people,” but leaders get “people done through work.” Since leaders need to know what makes individual people tick, they want to know long-term goals and aspirations, so they can craft ways to combine personal goals with the work at hand, or even the organization’s goals. For a given project, it may be less important to know people’s long-term goals, but for organizational success and growth, it is necessary. “True” is more of a manager’s answer, and “False” is more of a leader’s answer.

4. TRUE or FALSE:
If you have a consistent recognition system that rewards everyone in the same way, then that is enough.
Leaders’ recognize that everyone is motivated a little differently, and so consistency is not an absolute virtue in recognizing people. Some people may like public praise, and others may emphasize more the opportunity to have flexible family time, for example. Since managers emphasize systems more than they do people or personalities, “True” is more of a manager’s response, and “False” is more of a leader’s response.

5. TRUE or FALSE:
The best way to build a team is to set a group goal that is highly challenging, maybe even “crazy.”
Manager’s tend to think more in terms of what has been done before and try to make more incremental improvements, while leaders like to challenge people to bring out their best in ways they themselves may not have imagined possible. The best way to build team coherence is to take people through a shared, difficult challenge – something any military platoon leader can tell you. “True” is more of a leader’s response, and “False” is more of a manager’s response.

6. TRUE or FALSE:
My greatest pleasure in my job comes from making the work process more effective.
This is a classic manager’s priority, deriving most pleasure from process and efficiency. Leaders enjoy that a lot too, but they tend to enjoy most when they can help people and organizations grow. “True” is more of a manager’s response, and “False” is more of a leader’s response.

7. TRUE or FALSE:
I spend more of my time and attention on my weaker performers than I do on my top performers, who basically take care of themselves.
Leaders use their time as a reward, and seek to invest their attention where it can have the most upside impact. Generally speaking, people have the most opportunity to grow and become truly great where they already demonstrate strong performance, and so leaders tend to avoid remedial projects or the constant oversight of weaker performers. Instead, they spend more of their attention on the people who are the best at what they do, since those are the people who will bring the greatest process and performance improvements in the future. Managers tend to focus more on problems to solve than they do on opportunities to boost people toward previously unachieved levels of excellence. “True” is more of a manager’s response, and “False” is more of a leader’s response.

8. TRUE or FALSE:
It’s better not to know anything about the personal lives and interests of the people who report to me.
Leaders try to learn what makes each person tick, so that means knowing getting to understand them in a more personal way, without being invasive or inappropriate. Managers tend to be more cut-and-dried in their work relations. “True” is more of a manager’s response, while “False” is more of a leader’s response.

9. TRUE or FALSE:
Sometimes, it’s almost as if I’m a “collector of people” because I’m always recruiting and getting to know new people.
Some of the best managers are very good at studying best practices – ways to “build a better mousetrap” to improve performance and efficiency. Leaders tend to look more for the “Einsteins” and star performers of the world who are more likely to invent those better mousetraps in the first place. Leaders think about people and their talents as if they were investment opportunities, and so “True” is more of a leader’s response, and “False” is more of a manager’s response.

10. TRUE or FALSE:
I like to surround myself with people who are better at what they do than I am.
This is a classic leadership statement, since leaders are all about finding and cultivating talent, and are not threatened by it. Managers may tend to want to feel more in control of their surroundings – not least of all because highly talented people can be very independent and difficult to “manage!” Since leaders tend to have stronger social skills than managers do, and so are better prepared to deal with other strong egos, “True” is more of a leader’s response, and “False” is more of a manager’s response.

11. TRUE or FALSE:
I am a lifelong student of what makes other people tick.
“True” is more of a leader’s response, and “False” is more of a manager’s response, for reasons already discussed.

12. TRUE or FALSE:
People talk about “mission” too much – it’s best just to let people do their work and not try to bring values into the conversation.
While it’s true that “mission” and “vision” are concepts that have become watered down by careless misuse, leaders still understand that it is best to connect daily work and projects into a larger framework that gives work a sense of purpose and meaning. People would rather feel that their work has some purpose and meaning in order to do their work well and care about results. “True” is more of a manager’s response, and “False” is more a leader’s response.

13. TRUE or FALSE:
It’s my job to know everything that goes on in my area.
Since leaders focus more on knowing the people who know what is going on, rather than on the details of everything that is going on, “True” is more of a manager’s response, and “False” is more of a leader’s response.

14. TRUE or FALSE:
I pay close attention to how and where I spend my time, because the priorities I put into action are the ones that other people will observe and follow.
Leaders realize that the little things they do ripple out in wider and wider ways, and that their actual priorities will be mimicked throughout an organization. As a result, they make their choices wisely, knowing that people, and other managers or supervisors, do imitate the “boss,” who sets the ultimate tone. “True” is more of a leader’s response, and “false” is more of a manager’s response.

15. TRUE or FALSE:
I’ve worked hard to get along with or understand people who are very different from me.
As headstrong as many leaders can be, they know from experience that being so headstrong can be a liability, and they have learned to work hard at accepting and listening to other points of view. Managers may be more focused on what they believe to be the “right way” to do some job or work process, and may be less open to widely divergent views. Leaders may not always enjoy hearing other views, but they often have learned the critical importance of the saying, “Let the best idea win!” “True” is more of a leader’s response, and “False” is more of a manager’s response.


Copyright (c) 2003 by Dr. A. J. Schuler. Schuler is an expert in leadership and organizational change.
To find out more about his programs and services, visit www.SchulerSolutions.com or call (703) 370-6545.

Monday, March 26, 2007

Difference Between Leaders and Managers (10): Leadership Self Test


1. TRUE or FALSE:
I think more about immediate results than I do about mentoring others.

2. TRUE or FALSE:
People will be motivated if you pay them enough.

3. TRUE or FALSE:
It’s nice to know about people’s long-term goals, but not necessary to get the job done.

4. TRUE or FALSE:
If you have a consistent recognition system that rewards everyone in the same way, then that is enough.

5. TRUE or FALSE:
The best way to build a team is to set a group goal that is highly challenging, maybe even “crazy.”

6. TRUE or FALSE:
My greatest pleasure in my job comes from making the work process more effective.

7. TRUE or FALSE:
I spend more of my time and attention on my weaker performers than I do on my top performers, who basically take care of themselves.

8. TRUE or FALSE:
It’s better not to know anything about the personal lives and interests of the people who report to me.

9. TRUE or FALSE:
Sometimes, it’s almost as if I’m a “collector of people” because I’m always recruiting and getting to know new people.

10. TRUE or FALSE:
I like to surround myself with people who are better at what they do than I am.

11. TRUE or FALSE:
I am a lifelong student of what makes other people tick.

12. TRUE or FALSE:
People talk about “mission” too much – it’s best just to let people do their work and not try to bring values into the conversation.

13. TRUE or FALSE:
It’s my job to know everything that goes on in my area.

14. TRUE or FALSE:
I pay close attention to how and where I spend my time, because the priorities I put into action are the ones that other people will observe and follow.

15. TRUE or FALSE:
I’ve worked hard to get along with or understand people who are very different from me.


Answer key to this questionnaire will be posted tomorrow.


Copyright (c) 2003 by Dr. A. J. Schuler. Schuler is an expert in leadership and organizational change.
To find out more about his programs and services, visit www.SchulerSolutions.com or call (703) 370-6545.

Sunday, March 25, 2007

Difference Between Leaders and Managers (9)

It is often difficult to understand the difference between managers and leaders. Do managers lead? Do leaders manage? To understand how these two concepts are distinct yet different, here are 7 ways to understand them.

1. Course and Steering. The word "leadership" comes from the Old English word "lad" for a "course". The word "management" comes from the Latin word "manus", the hand, from which we also get "maintenance" and "mainstay". Leadership guides by setting a ship's course. Management keeps a hand on the tiller.

2. Growth and Survival. Organisations are no different from any other living organism: they need both to survive and grow. Survival is necessary in order to meet the basic requirements of life: in individuals, food, water and shelter; in organisations, a profit, customers, premises, and work. Growth is also necessary so that, like the individual person, an organisation can make the most of what it is capable of. The maintenance of the organisation is essentially a management function: measuring, looking back, assessing, taking stock, taking careful decisions. Taking the organisation into areas of growth, change and development, to make the most of it, is what leadership is all about.

3. Resources and Potential. Management measures what it can count and see. A person in the enterprise is described by their name and title, measured by their output, listed in the database according to their skills and added in the accounts under the heading "manpower resources". Management deals with the past and how people performed to date. Leadership,on the other hand, sees people as capable of things you cannot measure and doing things they never thought possible. It deals with the future and how people could perform if their potential were realised.

4. Left and Right Brains. The left hemisphere of the brain is the seat of our logical and rational thinking. The right brain is the seat of our imaginative, creative and emotional thinking. While these two sides are distinct, they also work best when whole. The left brain is an analogy for management. It deals with what can be counted; detail; control; domination; worldly interests; action; analysis; measurement; and order. The right brain is an analogy for leadership. It deals with what cannot be counted; seeing things as a whole; synthesis; possibilities; belief; vision; artistry; intuition; and imagination.

5. The Seven S’s. Richard Pascale says that the processes that take place in organisations fall under seven "S" headings: strategy, structure, systems, shared values, staff, skills and style. The functions of strategy, structure, and systems are the hard S’s and the proper concern of managers because they deal with things or technology. The functions of staff, skills, style, and shared values are the soft S’s and the proper concern of leaders because they deal with people.

6. Art and Science. John Adair in his book "Leadership" compares management and leadership to the old dichotomy of Art and Science. Managers are of the mind, accurate, calculated, routine, statistical, methodical. Management is a science. Leaders are of the spirit, compounded of personality and vision. Leadership is an art. Managers are necessary; leaders are essential.

7. Short-Term and Long-Term. When an organisation thinks about now and the nearfuture, it thinks of itself as a production unit. It sees the problems it might face as technical problems needing technical answers. When an organisation thinks about the distant future, it thinks about building, learning and growing. It seeks to identify and develop its opportunities. It defines itself by what it is, not by what it does. The difference between short-term and long-term thinking is the difference between an organisation that holds on tight to what it has and an organisation that stays loose and lets things grow. Organisations that need quick fixes rely on managers. Organisations that want to grow rely on leaders.

Conclusion: The difference between management and leadership is like the difference between male and female, sun and moon, night and day, fat and thin, hot and cold, coming and going, and so on. They are two sides to the same coin. In being the one, we see the other. While different and distinct, they are parts of the whole: essential contrasts, that in contrasting, make clearer the other.
(thx to Shiyata D. and www.ontargetmag.com)

Thursday, March 22, 2007

Why We Want You to be Rich

I admit I enjoyed some of Donald Trump's books when I was younger. I admit to have deliberately looked for and visited Trump tower in NY when I went to Wall Street last time. I even admit watching the nightly re-runs of The Apprentice on an obscure television channel, a program no serious TV channel in the Benelux wants to air.

So when I saw this book on the shelves in the UK a few months ago, with the following words of Steve Forbes on the back cover "In these uncertain economic times, these two titans of business have joined forces on a book that underscores the pressing need for financial literacy." I thought, what the heck, you never know what I could learn.

That is probably what thousands of other people thought a split second before they bought the book (for about 22 Euros, already an indication how the authors are getting rich).

Another element that made me buy the book was the co-author of Donald Trump, Robert T.Kiyosaki. I admit, I had never heard about him before.

The set up of the book is actually interesting. The two authors constantly switch 'views'. Each author uses another font to illustrate his 'view' (Font of Donald big, too big, with a lot of white border space, Kiyosaki small thoughtful page filling). Apparently Kiyosaki made fortune as an entrepreneur and author of the 'Rich Dad' book series, most well known title being "Rich Dad, Poor Dad".

The book has 340 pages, and after reading them I had the feeling having eaten too much air. Apart from an overview of some management techniques that were quoted I didn't learn anything, except for the fact that Trump knows his classical business quotes. It is amazing to see how he lives by quotes of others. I might even jump to the conclusion he uses their thoughts of wisdom to make him look more intellectual. Too much quotes equals a bad professor in my opinion.

Kiyosaki struck me as a successful businessman but he doesn't deliver when it comes to share the stuff we are all looking for. It all stays superficial and except for a few graphs for 3th graders no secrets are revealed that would have helped me become as rich as they claim to be.

Tuesday, March 20, 2007

Hotels for Managers and Why Concierges are Lobby-Kings

To follow up on a certain action of The Wall Street Journal in 10 top hotels in Brussels, I visited the hotels 'incognito' between 05 and 10 AM. In the hotels where the action was not executed properly, I had to cue, with all the guests checking out, to be able to speak to the concierge.

For those not familiar with hotel management: concierges are lobby-kings. Whatever the hotel management decides during day-time, the concierge exercises his right to do whatever he pleases when it pleases him, as long as it is during the mysterious hours between 4 and 8 AM when the world awakens. During break of dawn a concierge reigns over the lobby as if it were his kingdom. That is why concierges have business cards that look smarter than the cards of their hotel managers. If you ever want to organize a high profile event in a 4 or 5 star hotel, first become good friends with the concierge.



(from top left to bottom right: Newspaper selection at Crowne Plaza Brussels-Europa , Hotel Astoria Brussels, Thon Hotel Brussels City Centre, Rocco Forte Amigo Hotel , Brussels Marriott Hotel, Crowne Plaza Brussels-Europa )

Monday, March 19, 2007

Difference Between Leaders and Managers (8)

I find it amusing to see how much authors are trying to make a point in concentrating on the differences between leaders and managers. There is a difference, off course, but there is also a vast grey zone between the two opposite styles where everything becomes blurry, where there seems no difference at all between managers and leaders. I always compare it with a balance. On the one end of the balance, there is the extreme leader who could be considered a despot. On the other end resides the absolute manager, to be considered a bureaucrat, in the worst sense imaginable.

The more management qualities the extreme leader possesses the more he slides towards the middle of the scale. The more leadership qualities a manager demonstrates the more he moves towards the middle. I do not necessarily believe that the best possible leader/manager is to be found in the middle of the balance where the two extremes converge. It is the context that requires a certain kind of leader or manager. In a healthy multinational we probably like our leaders/managers to come from the middle of the scale. We like our leaders to demonstrate excellent management skills, as much as we like our managers to perform as capable leaders. In a war situation however it is more likely you'll need an extreme leader who is able to 'move' his soldiers so they'll engage into battle.

Tuesday, March 13, 2007

Paris - About Event Management

Once a year I meet most of the European Wall Street Journal distributors in Paris. Typically we'll see each other at the 'Journees de la Presse', an organization of NMPP, the most important French press wholesaler-retailer, a mammoth company impregnated with a French chauvinism bigger than the Eiffel tower. It is this chauvinism I guess that caused them to coldly refuse the international publishers the access to their yearly convention this year. Apparently the international publishers were taking too much time from the French publishers and distributors. So this year only the French press distributors could meet with the French publishers in the comfortable super size conference room of the Meridien hotel in Montmartre.


We - an international publisher, ie. DowJones-
were left to organize our meetings in the lobby of the hotel, outside the conference room. I have never ever participated in a more inconvenient conference than the one this year. Imagine 150 managers, directors and supervisors improvising a conference in the lobby of a hotel, ultimately all of them wanting to individually set up or participate in 12 meetings of 30 minutes between two different parties per day. Imagine the dance with chairs, tables and half full cups of coffee every 30 minutes when parties change party and thus table. Reality beats imagination.

On top of that, imagine all sorts of hotel guests looking to sit down at the same tables and chairs while waiting for friends, taxi's, check-in or check-out.
Fellini could have made a film here.


See also post about this event: Speeddating for Managers:
IMPACTROOM for managers, marketeers and mothers*: Speeddating for Managers

Monday, March 12, 2007

Difference Between Leaders and Managers (7)

In addition to the underlying ability to develop and achieve commitment to a clear vision studies identified 2 basic characteristics for leaders who had successfully achieved significant business transformations:

1. Humility: the ability to behave in a way which engages others, due to the leader's compelling modesty
2. Will: An unrelenting will to achieve the transformation, even when faced with significant challenges and obstacles.
Collins (2001)

Friday, March 09, 2007

Difference Between Leaders and Managers (6)

Some belief there are 5 types of behavior to be associated with sustained success in an organization. Most of the time these behaviors are allocated to 'leaders':

  1. Challenging processes - Willing to challenge the way things are done; including the way in which they do things themselves.
  2. Inspiring a shared vision. Not only stating a vision, but also building peoples' understanding of, and commitment to, the vision.
  3. Enabling others. Ensuring that people are not only empowered to act, but creating an environment which releases their potential.
  4. Modelling the way. Acting as a consistent role model, demonstrating the behaviours others are being asked to display.
  5. Encouraging the Heart. Taking every opportunity to recognise and encourage others.

(Kouznes and Posner, 1998)


Saturday, March 03, 2007

Cambridge - Judge Business School MBA

Unexpected encounter at King's College (°1441 by Henry VI) in Cambridge.
A group of young boys moves hastily over the courtyard and crosses my path. It was as if time stood still. (I think Howards End, Remains of the Day.)(I recognise the scarf. I had exactly the same scarf when I was 10. In my case it was the scarf of Beerschot, a Belgian football club). The boys take off their top hats when entering King's College Church. They must be the choir boys attending the 5.30PM 'Choral Evensong'.

One of the more famous alumni of King's College was John Maynard Keynes.


Corpus Christi College (°1352)
The university of Cambridge originated in 1209, when scholars fleeing from hostile
townsmen in Oxford migrated to Cambridge to settle there.


Clare College (°1326)
Clare College is the second oldest of Cambridge’s thirty-one colleges.
A College is the place where students live, eat and socialise. It is also the place where they receive small group teaching sessions, known as supervisions, individualised academic support through Directors of Studies and individualised pastoral support through College Tutors.




View from St John's College (°1511) - Punting on the Cam
A punt is a flat-bottomed boat which does not have a keel. It is propelled by means of a long pole. Punts were introduced as pleasure craft in Edwardian times, since then punting has become one of the most popular ways to see the famous bridges and colleges along the River Cam.

The Judge Business School is the international business school of Cambridge University in England. Formerly known as The Institute of Management Studies the school was renamed after Britisch businessman Paul Judge, who donated 8 million Pounds in 1990. Each year approximately 110 students will follow the 12 month MBA program. Admission standards are known to be very strict. Most of the MBA students, about 90 %, come from abroad. The MBA program was ranked 15th worldwide by the Financial Times Global MBA Rankings 2007.


Friday, March 02, 2007

Operations Management - Follow up of insert of StyleJournal Magazine in The Wall Street Journal newspaper in the UK

People versus Machine

Picture: The luxurious quarterly, StyleJournal magazine, as an 'on-sert', meaning it is being put on the cover of the newspaper, after which the combination is pollywrapped (sealed in plastic). The package as pictered here is designed to be sold in the UK newsstands.

Globally the magazine will be 'in'serted and 'on'serted in all 10 European Wall Street Journal printplants.

From an operational standpoint it is always a question how the project will be carried out: because of the format and weight of the magazine it sometimes makes sense to use a machine to do the inserting job, sometimes it is better to do the inserting by hand.

In the UK we already experimented with both set ups. On two occasions a group of Nigerian women inserted all the UK magazines by hand, fighting time, paper, ink, cold, and unstable bundles. It means work for an extra group of 10 women who can come in during the night. Today we experiment for the second time with an automatic inserting procedure, leaving all the work to an inserting machine. It is clear after todays project that if the machine is prepapered the correct way, and when there is a nice 'heavy' newspaper available to insert the magazine into, the machine has an advantage over the women. Much to the dislike of the women who see the machine as a living competitor. What also doesn't help in such somewhat darker and gloomy mailrooms is that all machines are operated by men. I have the impression that if a woman would be the operator of the machine she could help 'sell' the machine solution to her fellow female colleagues.

Thursday, March 01, 2007


Saw this billboard at UK station. I am in UK to follow up on the insert of the StyleJournal Magazine in all UK printed Wall Street Journal newspapers. The slogan on the billboard
took me by surprise. I am preparing a series of posts about the transfer of coaching techniques from the world of sports to the genuine business world. To be put on this blog in a couple of months.

Monday, February 26, 2007

Difference Between Leaders and Managers (5)

Below an overview of the behaviors typically displaid by managers and leaders. Of course this is a theoretical approach, no one in uppermanagement is 100 % leader and 0 % manager at the same time or vice versa. Most people in uppermanagement move along the behavioral scale as displaid here.


(keywords for this subject: managers versus leaders, managers vs leaders, leaders and management, management and leadership)

Saturday, February 24, 2007

Difference Between Managers and Leaders (4)

The goal of a manager is to maximise the output of the organization via administrative implementation. Managers therefore carry the following functions:
  • organization
  • planning
  • staffing
  • directing
  • controlling
Leadership is actually just a component of the directing function. This leads to the fact that a leader is not always required in (part of) the organization.
A leader is someone who people naturally follow through their own choice, whereas a manager must be obeyed. A manager may only have obtained his position of authority through time and loyalty given to the company, not as a result of his leadership qualities. A leader may have no organisational skills, but his vision unites people behind him.

Management usually consists of people who are experienced in their field, and who have worked their way up the company. A manager knows how each layer of the system works and may also possess a good technical knowledge. A leader can be a new arrival to a company who has bold, fresh, new ideas but might not have experience or wisdom.

Thursday, February 22, 2007

New StyleJournal soon to be released

I had a day off. Children have their semester break this week in Belgium. In Flanders we call it the 'Crocus Holiday' because of the crocus popping up in the gardens. A while ago I asked the printer who is printing the magazines and stickers for The Wall Street Journal if it would be possible to visit his printplant with my boys during day time once. Today was the day. We were lucky because all the machines were in full operation. The printplant became a gigantic theater for Vic and Bob. The boys conjured up a smile on the face of the personnel. I'd like the boys to see how many people are behind a magazine or a newspaper. They shouldn't take a printproduct or any other product for granted.

Unexpectedly the printer started binding the new issue of StyleJournal a day earlier as programmed, so we saw the first magazines come of the binding unit. While speaking to the operator of the machine I suddenly saw the boys intensely looking at a certain page in the magazine. Pure joy.
All the magazines will be send to our 10 printplants around Europe as of tomorrow, to be inserted in The Wall Street Journal newspaper issue Friday 02-03-2007.


StyleJournal is published 4 times a year as a free insert in the European edition of The Wall Street Journal newspaper. The spring issue features Roger Federer on the cover. Other articles involve Roman Abramovich, owner of football club Chelsea; John Tavolta and his 707; Chris Bangle, BMW group's design chief; and a collection of sports watches I can't afford.

Tuesday, February 20, 2007

Difference Between Leaders and Managers (2)

Management works within the paradigm. Leadership creates new paradigms.
Management works within the system. Leadership works on the system.
Management is problem-oriented. Leadership is opportunity oriented.
(Stephen Covey, 1994)


While management establishes specific purpose and mission, makes work productive and effectively manages social impacts (Drucker, 2001), leaders influence others to willingly achieve the group's vision for success.
Antoine de Saint Exupery gave meaning to what leaders should do in 'The Wisdom of the Sands':
"If you want to build a ship, don't drum up the men to gather wood, divide the work and give orders. Instead, teach them to yearn for the vast and endless sea."

Although eloquently put, it shouldn't put managers down compared to leaders. It is clear that ships are not build by leaders alone. It is important to understand that leadership and management are roles within an organization that are both desperately needed. At best management and leadership work in tandem to reach an overall goal.

Friday, February 16, 2007

Difference Between Leaders and Managers (1)

Warren Gameliel Bennis (1925 - ) a scholar who pioneered in the field of leadership studies illustrated the difference between managers and leaders the following way:

Managers administer, leaders innovate
Managers ask how and when, leaders ask what and why
Managers focus on systems, leaders focus on people
Managers do things right, leaders do the right things
Managers maintain, leaders develop
Managers rely on control, leaders inspire trust
Managers have a short-term perspective, leaders have a longer-term perspective
Managers accept the status-quo, leaders challenge the status-quo
Managers have an eye on the bottom line, leaders have an eye on the horizon
Managers imitate, leaders originate
Managers emulate the classic good soldier, leaders are their own person
Managers copy, leaders show originality