Career 02 (Apr 10 - Apr 12)

Re: Career 2 (Apr 10 - Oct 10)

Postby iam802 » Wed Aug 11, 2010 8:22 pm

I think it goes like this...

1. Before recession. $x pay = 100% output

2. During recession. $X-Y = and requires 120% output (because more are retrenched)

3. At some point, after lots of productivity gains on the company front and economic front...workers gets burnt out... and things have not improved on the monetary part....

and so it becomes... $X-Y = 80% output

So, there is no slacking. Just like we adjust those economic reports for inflation etc... the workers adjust their output to match the potential gains.

In other words, don't try to use cost cutting as a way to boost profits or the economy. It stop working after some time. The talented will leave...and soon those who are loyal and experienced will also leave.

It applies to the corporate world..and I am sure it will also apply to the country.
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: Career 2 (Apr 10 - Oct 10)

Postby kennynah » Wed Aug 11, 2010 10:37 pm

almost every human being is motivated to work harder and become more productive, but only for some form of reward... it could be monetary, which is very effective mostly, recognition, status, power, etc...

therefore, to encourage workers to be productive, it must be augmented with the correct HR policies to address the force needed to motivate workers to be more productive....
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Re: Career 2 (Apr 10 - Oct 10)

Postby iam802 » Thu Aug 12, 2010 9:26 pm

By Keith Ferrazzi

“Build it before you need it.”
That was one of the most important operating principles in Never Eat Alone – the idea that building your network and deepening relationships shouldn’t – in fact, CAN’T – be a machine that you fire up when you suddenly need a new job. Putting time and energy into relationship building should be a lifestyle constant.

The question is how to do that, on a typical day when the alarm clock rings and you’re off to a running start in a race that ends when your head hits the pillow?

Here’s my solution: Ritualize relationship building. Create a system of simple activities that you carry out over time as habits – and that become as essential and basic to your being as your morning cup of coffee.

Here are five ideas to inspire your own personal “Relationship Rituals” checklist:?

1. First thing every day after you turn on your computer, ping one friend and one acquaintance.

2. Every weekend, invite someone else into an activity that you normally do alone (walks, gym sessions, gardening, shopping trips).

3. Pick a day for a weekly check-in with a colleague/associate/friend, during which you share a success, a challenge, and make a commitment for the upcoming week.

4. Every Friday, send a broadcast – status update, blog post, Tweet, etc.

5. Host a monthly dinner or happy hour.

Ultimately, everyone’s list of rituals will be unique, customized to your specific network, goals, and lifestyle. The important thing is that every week, hell or highwater, you’re acting on them.

1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: Career 2 (Apr 10 - Oct 10)

Postby kennynah » Thu Aug 12, 2010 10:08 pm

1. First thing every day after you turn on your computer, ping one friend and one acquaintance.
>> if there's a good reason...i'll gladly do it..else, it will seem weird

2. Every weekend, invite someone else into an activity that you normally do alone (walks, gym sessions, gardening, shopping trips).
>>i guess it depends on whether one is introverted...if so, it can be a chore...

3. Pick a day for a weekly check-in with a colleague/associate/friend, during which you share a success, a challenge, and make a commitment for the upcoming week.
>> salah bo.... not everyone will be interested to listen to our grandmother stories of how i manage to succeed in this project and closed that sales deal

4. Every Friday, send a broadcast – status update, blog post, Tweet, etc.
>>i have a close acquaintence who does this, once a year, and already, it feels funny to read about what he did with his kid, which country they went for holiday, how his boss appraised his work, etc.... the toughest part is, i usually reply with some courteous remarks...to ignore it will appear very unfriendly...

5. Host a monthly dinner or happy hour.
>>this one no problem... all pigs dogs friends will all turn up one....


perhaps the above may work for some people...but to me, if my sole intention is to eventually leverage (read: manipulate) on such "friendships"...then, quite frankly, i can do without...
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Re: Career 2 (Apr 10 - Oct 10)

Postby iam802 » Thu Aug 12, 2010 10:23 pm

1. we day-day visit this forum...already ping many pple.

2. day day share about economic data and charts etc, already doing things with others which otherwise we would have do it on our own.

3. sometimes, we share our trading success and losses

4. and of course, W every week share his TOL over the weekend.

5. Monthly happy hour is the only thing missing. But, lots of us are having different kind of happy hours
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Career 2 (Apr 10 - Oct 10)

Postby kennynah » Thu Aug 12, 2010 10:26 pm

oh ya hor... 8-)
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Re: Career 2 (Apr 10 - Oct 10)

Postby winston » Sun Aug 15, 2010 7:25 pm

I recently had lunch with two friends that I have not seen in a while.

At lunch, I found out that both are now not working.

One used to be a Senior Consultant with a Big 4 and the other had an expat assignment in a not so developed country.

If you think that you would be in your job forever, think again ...
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Career 2 (Apr 10 - Oct 10)

Postby millionairemind » Sun Aug 15, 2010 7:38 pm

winston wrote:I recently had lunch with two friends that I have not seen in a while.

At lunch, I found out that both are now not working.
.


By choice?? Or being retrenched??

There is no job security.. the only security is to do your job so well that when you leave, your skill sets are valuable in another different company.
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Re: Career 2 (Apr 10 - Oct 10)

Postby winston » Sun Aug 15, 2010 8:07 pm

millionairemind wrote: There is no job security.. the only security is to do your job so well that when you leave, your skill sets are valuable in another different company.


Agree. I always tell my managers to have transferable skills. These are skills that they can use in another company within the industry or outside the industry or if they want to start a business ...
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Career 2 (Apr 10 - Oct 10)

Postby millionairemind » Sun Aug 15, 2010 8:44 pm

http://www.allbusiness.com/manufacturin ... 406-1.html

Transferable skills are the most important to identify as you develop your career.
These skills can be transferred from one field to another, from one job to another, or from one industry to another. They are your portfolio of skills that you can take with you wherever your go. Identifying and understanding your transferable skills is the first step in self-- awareness and career planning. Transferable skills fall into seven broad categories:

Communication - writing, speaking, listening, teaching, training, counseling, guiding, persuading, managing, leading, performing, promoting, selling, expressing feelings.

Creativity - visualizing, conceptualizing, imagining, creating, improvising, interpreting, using artistic abilities, seeing possibilities.

Research - gathering information, evaluating, classifying, interviewing.

Analytical - using logical analysis, developing frameworks, solving problems, diagnosing, systematizing, perceiving similarities.

Problem-solving - defining a problem, evaluating alternatives, coming up with solutions, improving a situation.

Organizational - following through on plans and instructions, attending to details, filing, retrieving, classifying.

Synthesizing - integrating diverse pieces of information into a coherent whole, reviewing large amounts of information, translating information into clear form.

Knowledge of your transferable skills will help you understand what your particular abilities are and will give you a vocabulary for clarifying your strengths and sources of energy.
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch

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