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Add You - Accomplish 20 Times as Much by Avoiding Bad Assumptions That Misdirect Your Efforts
South Korean Business - An Introduction To Business In Seoul g that anything the CEO said was treated as gospel. Underlings, for instance, scramble to make changes even when the CEO was only asking an innocent question. The CEOs assume that the response would come at little or no cost from someone who already had the answer. Some executive assistants estimated that 25 percent of executive and managerial time in their companies was taken up with answering such casual inquiries and making changes that hadn't, in fact, been requested. The assistants wished someone would advise their CEOs to stop asking casual questions and making off-hand comments because the rest of the organization operates on the misconception that these words are major priorities on which careers will rise and fall.Seoul, as the capital city of South Korea, is a growing and strong economic area, and now one of the main trading posts in Asia. Korean people have a very traditional business culture and practices and understanding the Korean culture is thus very important if you wish to succeed in business in Korea. Understanding the Korean way of doing things is essential. This article aims to throw light on the Korean business market, Korean business strategies, Korean business trends and Korean business culture.Korean business is well known for its vertical social structure based on age and social status. Korean companies' organizational arrangement is highly centralized with authority concentrated in senior levels. Individuals having high rank likely to have more authority than their subordinates. Superior's approval is necessary for finalizing a decision.In Korean business settings, superiors assign responsibility of business to trusted and reliable subordinates. Age is an imperative constituent within a relationship in Korean business. An older person ho STALLBUSTERS Encourage Unmasking False Assumptions A company had assumed for decades that advertising would work only when demand was highest for its seasonally consumed food, yet others promoted similarly seasonable foods all year around. Eventually, an advertising test was run during the lean part of the year, and sales promptly took off. Here are questions to help you avoid making such false assumptions: What are the things that your organization assumes will almost always work? What are the things that your organization assumes will seldom or never work? What are the things that your organization assumes will probably happen? W Digital Signage Can Save Lives The misconception stall is particularly harmful because some of your best people already realize that you are operating on faulty assumptions. Since actions based on those assumptions are folly, these key employees are losing faith in the future of the organization and the quality of its leadership. Soon, you may find recovery from your mistakes is made more difficult as your most talented people seek other opportunities.There can hardly be a driver in America who hasn't been cruising down the highway when the regular programming on the radio is interrupted for a test of the Emergency Broadcast System. A brief warning that a test is about to occur is followed by a burst of tones that sounds like it's coming from a dial-up computer modem followed by a reminder that what was just aired was a test.Or, perhaps you live a tornado-prone section of the country like I do. If so, we probably share this similar experience. Absorbed in the work at hand, you hear a whine in the distance that at first startles you and then makes you look at a clock and a calendar to confirm it's 11 a.m. on the first Tuesday of the month --the time local government authorities test the city's emergency warning sirens. If it isn't, you know your next step is to grab a portable radio and flashlight and head for the basement.I'm not sure exactly when this loose network of government officials, broadcasters and local sirens coalesced into an organized system for alerting the public of an impendin MISCONCEPTION: The Danger of False Assumptions Abounds How is a misconception stall different from a disbelief stall? A disbelief stall is based on something that was once true, but no longer is. A misconception stall is based on a belief that was never true. Here are some examples of harmful misconceptions: The future can be accurately forecast. Competitors will stand still while we make rapid progress. Agreement among colleagues means that issues are understood. Customers will make the decisions in the same ways they always have. All long-held assumptions and beliefs should be questioned. Ask yourself: Is it really true? If it isn't true, why do people believe it to be true? What's needed to persuade people to change their beliefs? Round Out Your View When only an experiment will do, cross-check your idea in other ways to get a better sense of what you are about to try. Consider Columbus. While some feared sailing west across the Atlantic believing they would fall off the edge of the Earth, Columbus knew better. He had made a point of studying the early Viking explorations of North America. In fact, in 1477, 15 years before heading toward the Caribbean, Columbus visited Iceland to learn more about the northern "islands" across the Atlantic. Apply Sophisticated Thinking In his wonderful book, The Unschooled Mind (Basic Books, 1991), cognitive psychologist Professor Howard Gardner argues that people usually think at three different levels. Gardner defines the five-year-old's mind as the first level. Five-year-olds usually live in a world where others take care of them and keep them safe from harm. That belief persists when most people become adults and prevents many from becoming independent, fully functioning adults. Overprotection after age five makes matters worse. Another common example of the five-year-old mind is that confident people falsely believe that they are superior in every way to others. Ask any roomful of five-year-olds if they are terrific at something and almost all will agree. The second level of thinking develops when training, usually in high school and college, gives teens and young adults a grasp of sophisticated concepts that are counterintuitive to the five-year-old's thought process. Here's the problem: The student memorizes the concepts long enough to pass the examination. But Gardner argues that relatively few adults reach the third level of thinking where they can apply the sophisticated concepts to real-life problems. In the absence of that faculty, almost everyone reverts to the five-year-old's misconceptions for making decisions. The person who can apply the principles learned in school to a real-life situation becomes a disciplinary expert. But those effectively working minds are few and far between in most organizations. Imagine what could be accomplished if you consciously shed your five-year-old's misconceptions, applied sophisticated adult reasoning to expert knowledge, and questioned common assumptions of the prevailing five-year-old mind. I'LL GET RIGHT ON IT Even if people attempt to apply sophisticated thinking, they will still jump to conclusions too often. If service was slow the last two times you went to a given store, you may decide this store will always offer poor service and don't go back. Two experiences do not constitute a trend. It's possible that the manager was away on vacation on both occasions and the rest of the employees took it easy. The executives of one award-winning multibillion-dollar manufacturer were clearly intelligent, well educated, and widely admired for their decisions. Ever curious, these managers wanted to measure the quality of their decisions. They knew good decision making has to reflect solid statistically based data, and they wondered what statisticians would say about their decisions. Statisticians were assigned to follow the executives around for six months to watch them in action. Almost without exception the executives treated random events as representing what was typically occurring in the business. Executives were constantly trying to eliminate these few random variations in performance. All this scurrying around kept the executives from having time to work on more promising opportunities for gain. Despite learning this profound insight, the organization faltered by continuing to mistake the actual trends. The lesson: Be sure you are focusing on the areas where action will do the most good. This example also shows how wide the gap can be between perceptions of management quality and actual effectiveness, another example of misconceptions. You have probably noticed the frequency by which "widely admired" companies rapidly fall from grace as performance plummets. When the CEO Speaks, People Take Action Management authority Peter Drucker told us that one of the most dangerous beliefs in organizations is that an increase in brains comes with being promoted. Here's verification of that observation: Executive assistants at selected companies were asked by us what was the single, most important thing their CEOs could do better. The aides spoke almost as one in reporting that anything the CEO said was treated as gospel. Underlings, for instance, scramble to make changes even when the CEO was only asking an innocent question. The CEOs assume that the response would come at little or no cost from someone who already had the answer. Some executive assistants estimated that 25 percent of executive and managerial time in their companies was taken up with answering such casual inquiries and making changes that hadn't, in fact, been requested. The assistants wished someone would advise their CEOs to stop asking casual questions and making off-hand comments because the rest of the organization operates on the misconception that these words are major priorities on which careers will rise and fall. STALLBUSTERS Encourage Unmasking False Assumptions A company had assumed for decades that advertising would work only when demand was highest for its seasonally consumed food, yet others promoted similarly seasonable foods all year around. Eventually, an advertising test was run during the lean part of the year, and sales promptly took off. Here are questions to help you avoid making such false assumptions: What are the things that your organization assumes will almost always work? What are the things that your organization assumes will seldom or never work? What are the things that your organization assumes will probably happen? Wh How B.J. Dohrmann's Ceo Space By Ibi Global Is Helping Entrepreneurs ared sailing west across the Atlantic believing they would fall off the edge of the Earth, Columbus knew better. He had made a point of studying the early Viking explorations of North America. In fact, in 1477, 15 years before heading toward the Caribbean, Columbus visited Iceland to learn more about the northern "islands" across the Atlantic.There are income strategies, multiple streams of income strategies and wealth strategies. Getting to know about, learn, understand and then apply them all successfully could be a daunting task for most. One very valuable suggestion that most of the great achievers have stated is to find a mentor who has achieved success and follow what they have done.That is very good advice. Again, the next question anyone would ask is How?.You could attend the seminars of the mentor you want, read their books or even try to contact them directly.Over the last couple of years what I have observed is a much faster and much more effective method is to get involved with CEO Space by IBI Global. In my experience, I have met many entrepreneurs, inventors and business people who have advanced their projects, companies and themselves to greater heights in less time than I think would have been possible even with one great mentor.You see, being a part of a network like CEO Space gives you access to not one but many successful people who you can have m Apply Sophisticated Thinking In his wonderful book, The Unschooled Mind (Basic Books, 1991), cognitive psychologist Professor Howard Gardner argues that people usually think at three different levels. Gardner defines the five-year-old's mind as the first level. Five-year-olds usually live in a world where others take care of them and keep them safe from harm. That belief persists when most people become adults and prevents many from becoming independent, fully functioning adults. Overprotection after age five makes matters worse. Another common example of the five-year-old mind is that confident people falsely believe that they are superior in every way to others. Ask any roomful of five-year-olds if they are terrific at something and almost all will agree. The second level of thinking develops when training, usually in high school and college, gives teens and young adults a grasp of sophisticated concepts that are counterintuitive to the five-year-old's thought process. Here's the problem: The student memorizes the concepts long enough to pass the examination. But Gardner argues that relatively few adults reach the third level of thinking where they can apply the sophisticated concepts to real-life problems. In the absence of that faculty, almost everyone reverts to the five-year-old's misconceptions for making decisions. The person who can apply the principles learned in school to a real-life situation becomes a disciplinary expert. But those effectively working minds are few and far between in most organizations. Imagine what could be accomplished if you consciously shed your five-year-old's misconceptions, applied sophisticated adult reasoning to expert knowledge, and questioned common assumptions of the prevailing five-year-old mind. I'LL GET RIGHT ON IT Even if people attempt to apply sophisticated thinking, they will still jump to conclusions too often. If service was slow the last two times you went to a given store, you may decide this store will always offer poor service and don't go back. Two experiences do not constitute a trend. It's possible that the manager was away on vacation on both occasions and the rest of the employees took it easy. The executives of one award-winning multibillion-dollar manufacturer were clearly intelligent, well educated, and widely admired for their decisions. Ever curious, these managers wanted to measure the quality of their decisions. They knew good decision making has to reflect solid statistically based data, and they wondered what statisticians would say about their decisions. Statisticians were assigned to follow the executives around for six months to watch them in action. Almost without exception the executives treated random events as representing what was typically occurring in the business. Executives were constantly trying to eliminate these few random variations in performance. All this scurrying around kept the executives from having time to work on more promising opportunities for gain. Despite learning this profound insight, the organization faltered by continuing to mistake the actual trends. The lesson: Be sure you are focusing on the areas where action will do the most good. This example also shows how wide the gap can be between perceptions of management quality and actual effectiveness, another example of misconceptions. You have probably noticed the frequency by which "widely admired" companies rapidly fall from grace as performance plummets. When the CEO Speaks, People Take Action Management authority Peter Drucker told us that one of the most dangerous beliefs in organizations is that an increase in brains comes with being promoted. Here's verification of that observation: Executive assistants at selected companies were asked by us what was the single, most important thing their CEOs could do better. The aides spoke almost as one in reporting that anything the CEO said was treated as gospel. Underlings, for instance, scramble to make changes even when the CEO was only asking an innocent question. The CEOs assume that the response would come at little or no cost from someone who already had the answer. Some executive assistants estimated that 25 percent of executive and managerial time in their companies was taken up with answering such casual inquiries and making changes that hadn't, in fact, been requested. The assistants wished someone would advise their CEOs to stop asking casual questions and making off-hand comments because the rest of the organization operates on the misconception that these words are major priorities on which careers will rise and fall. STALLBUSTERS Encourage Unmasking False Assumptions A company had assumed for decades that advertising would work only when demand was highest for its seasonally consumed food, yet others promoted similarly seasonable foods all year around. Eventually, an advertising test was run during the lean part of the year, and sales promptly took off. Here are questions to help you avoid making such false assumptions: What are the things that your organization assumes will almost always work? What are the things that your organization assumes will seldom or never work? What are the things that your organization assumes will probably happen? W Government Business Grants Are Within Your Reach! xamination. But Gardner argues that relatively few adults reach the third level of thinking where they can apply the sophisticated concepts to real-life problems. In the absence of that faculty, almost everyone reverts to the five-year-old's misconceptions for making decisions.Do government business grants really mean free money? The simple answer is yes. However, there are many qualifying factors that you should be aware of.In any event, if you are an entrepreneur or an individual in search of the most advantageous sources of financing in order to start a business, then you might be interested in hearing and learning more about government business grants.In a world where everything evolves around money and financial improvements or financial stability, finding that affordable and guaranteed money source is vital. And this money source might have one name: government business grants.What Do The Numbers Say? How Many Entrepreneurs Benefit From Government Business Grants?Today, the government business grants the ones which are strictly designed for small businesses add up an amazing 30 billion dollars a year. And furthermore, many of these thousands of grants are free. Around 12 million dollars are awarded to women entrepreneurs and minorities alone. Considering all these encouraging facts, w The person who can apply the principles learned in school to a real-life situation becomes a disciplinary expert. But those effectively working minds are few and far between in most organizations. Imagine what could be accomplished if you consciously shed your five-year-old's misconceptions, applied sophisticated adult reasoning to expert knowledge, and questioned common assumptions of the prevailing five-year-old mind. I'LL GET RIGHT ON IT Even if people attempt to apply sophisticated thinking, they will still jump to conclusions too often. If service was slow the last two times you went to a given store, you may decide this store will always offer poor service and don't go back. Two experiences do not constitute a trend. It's possible that the manager was away on vacation on both occasions and the rest of the employees took it easy. The executives of one award-winning multibillion-dollar manufacturer were clearly intelligent, well educated, and widely admired for their decisions. Ever curious, these managers wanted to measure the quality of their decisions. They knew good decision making has to reflect solid statistically based data, and they wondered what statisticians would say about their decisions. Statisticians were assigned to follow the executives around for six months to watch them in action. Almost without exception the executives treated random events as representing what was typically occurring in the business. Executives were constantly trying to eliminate these few random variations in performance. All this scurrying around kept the executives from having time to work on more promising opportunities for gain. Despite learning this profound insight, the organization faltered by continuing to mistake the actual trends. The lesson: Be sure you are focusing on the areas where action will do the most good. This example also shows how wide the gap can be between perceptions of management quality and actual effectiveness, another example of misconceptions. You have probably noticed the frequency by which "widely admired" companies rapidly fall from grace as performance plummets. When the CEO Speaks, People Take Action Management authority Peter Drucker told us that one of the most dangerous beliefs in organizations is that an increase in brains comes with being promoted. Here's verification of that observation: Executive assistants at selected companies were asked by us what was the single, most important thing their CEOs could do better. The aides spoke almost as one in reporting that anything the CEO said was treated as gospel. Underlings, for instance, scramble to make changes even when the CEO was only asking an innocent question. The CEOs assume that the response would come at little or no cost from someone who already had the answer. Some executive assistants estimated that 25 percent of executive and managerial time in their companies was taken up with answering such casual inquiries and making changes that hadn't, in fact, been requested. The assistants wished someone would advise their CEOs to stop asking casual questions and making off-hand comments because the rest of the organization operates on the misconception that these words are major priorities on which careers will rise and fall. STALLBUSTERS Encourage Unmasking False Assumptions A company had assumed for decades that advertising would work only when demand was highest for its seasonally consumed food, yet others promoted similarly seasonable foods all year around. Eventually, an advertising test was run during the lean part of the year, and sales promptly took off. Here are questions to help you avoid making such false assumptions: What are the things that your organization assumes will almost always work? What are the things that your organization assumes will seldom or never work? What are the things that your organization assumes will probably happen? W You Too Can Work From Home d statistically based data, and they wondered what statisticians would say about their decisions. Statisticians were assigned to follow the executives around for six months to watch them in action. Almost without exception the executives treated random events as representing what was typically occurring in the business.Most of us dream of waking up at noon, to our delicious brunch that the maid prepared, only to jump on the computer for an hour and spend the rest of the day relaxing on the beach or by the pool with our mate and kids playing by our side. The only stress we imagine having is whether to have the butler drive us in the Rolls Royce or should we jump in the Ferrari up the coast. Yes you can have this lifestyle with a home based business, but it does take a little work to get there well maybe a lot of work.Many of us see the commercials late at night of people just like you and I who have made it in life when they left their minimum wage job to start their very own home based business and are now mega-wealthy. What sets these people apart from me you ask yourself as you finish off your last Budweiser and eat the last piece of stale pizza before you call it another night. The answer is determination. We all can say that we want to live the lifestyle, but it is these people who have proven to be determined to live it because they are as you are reading Executives were constantly trying to eliminate these few random variations in performance. All this scurrying around kept the executives from having time to work on more promising opportunities for gain. Despite learning this profound insight, the organization faltered by continuing to mistake the actual trends. The lesson: Be sure you are focusing on the areas where action will do the most good. This example also shows how wide the gap can be between perceptions of management quality and actual effectiveness, another example of misconceptions. You have probably noticed the frequency by which "widely admired" companies rapidly fall from grace as performance plummets. When the CEO Speaks, People Take Action Management authority Peter Drucker told us that one of the most dangerous beliefs in organizations is that an increase in brains comes with being promoted. Here's verification of that observation: Executive assistants at selected companies were asked by us what was the single, most important thing their CEOs could do better. The aides spoke almost as one in reporting that anything the CEO said was treated as gospel. Underlings, for instance, scramble to make changes even when the CEO was only asking an innocent question. The CEOs assume that the response would come at little or no cost from someone who already had the answer. Some executive assistants estimated that 25 percent of executive and managerial time in their companies was taken up with answering such casual inquiries and making changes that hadn't, in fact, been requested. The assistants wished someone would advise their CEOs to stop asking casual questions and making off-hand comments because the rest of the organization operates on the misconception that these words are major priorities on which careers will rise and fall. STALLBUSTERS Encourage Unmasking False Assumptions A company had assumed for decades that advertising would work only when demand was highest for its seasonally consumed food, yet others promoted similarly seasonable foods all year around. Eventually, an advertising test was run during the lean part of the year, and sales promptly took off. Here are questions to help you avoid making such false assumptions: What are the things that your organization assumes will almost always work? What are the things that your organization assumes will seldom or never work? What are the things that your organization assumes will probably happen? W The Art of Looking Busy on the Job for Office Workers g that anything the CEO said was treated as gospel. Underlings, for instance, scramble to make changes even when the CEO was only asking an innocent question. The CEOs assume that the response would come at little or no cost from someone who already had the answer. Some executive assistants estimated that 25 percent of executive and managerial time in their companies was taken up with answering such casual inquiries and making changes that hadn't, in fact, been requested. The assistants wished someone would advise their CEOs to stop asking casual questions and making off-hand comments because the rest of the organization operates on the misconception that these words are major priorities on which careers will rise and fall.Good for you, for finishing all your work for the day. The boss is running around, just looking for someone to delegate more work to, but he's so distracted by things that if you look busy he may just pass you by. Here are some tips that worked for my friends and I back when I was a corporate cubicle resident.Act cool and keep your eyes focused on whatever you're doing. If you look around the room too much, and aren't concentrating, the boss will figure you've got extra time to do something for him. Keep your eyes focused on something, and look like you're concentrating on it. Don't draw attention to yourself, and whatever you do, don't make eye contact with the boss. You wouldn't stare down a rabid dog, the same goes for management.Have somewhere to go (out to your car, need something from the supply cabinet, etc) and walk there with purpose. Don't hesitate or be too leisurely about it. If the boss is milling about, abruptly go to the restroom, to buy yourself time. He may be occupied by the time you get back with something else, rather than w STALLBUSTERS Encourage Unmasking False Assumptions A company had assumed for decades that advertising would work only when demand was highest for its seasonally consumed food, yet others promoted similarly seasonable foods all year around. Eventually, an advertising test was run during the lean part of the year, and sales promptly took off. Here are questions to help you avoid making such false assumptions: What are the things that your organization assumes will almost always work? What are the things that your organization assumes will seldom or never work? What are the things that your organization assumes will probably happen? What are the things that your organization assumes will be unlikely to happen or will never happen? On what beliefs are these assumptions based? Have those beliefs been checked recently? Are those beliefs still true? Identify the False Assumptions That Need to Be Immediately Challenged Some misconceptions require more immediate correction than others. Here are questions to help you set priorities for where to turn your attention first: Which false assumptions have large potential consequences? Where can your organization's actions make the largest difference in offsetting false assumptions? When would you need to act to get the most benefit or avoid the most harm? What is the minimum evidence to indicate that you should act immediately? Use Assumptions That Reflect Actual and Critically Sensitive Conditions Open your mind to new ways of thinking about a volatile, unpredictable future with these questions: What assumptions have worked best in the past for organizations that operated in circumstances somewhat like yours? Which of these assumptions fit your organization's values and style? Which of these assumptions would be received enthusiastically by users of your offering, customers, employees, partners, suppliers, shareholders, lenders, and the communities you serve? Copyright 2007 Donald W. Mitchell, All Rights Reserved
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