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Scooped by Deb Nystrom, REVELN
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Markets ARE Highly Dependent on the Fed, The September Experiment

Markets ARE Highly Dependent on the Fed, The September Experiment | Change Leadership Watch | Scoop.it
This week should remove any doubt about whether markets are highly dependent on the Fed. They sure are. Indeed, you could not have constructed better conditions for a controlled experiment.


...there is only one major factor that can consistently explain this week's market moves. And it centers on expectations of Fed policy.

...markets are celebrating; and the Fed has proven that it still enjoys tremendous influence on asset prices regardless of fundamentals. 


Deb Nystrom, REVELN's insight:

An experiment proves how much thr Fed can affect the markets.  Worth a look, especially by investors.  ~  Deb

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Culture Reigns, The 50 Best Places to Work by Glassdoor, Employees Choice

Culture Reigns, The 50 Best Places to Work by Glassdoor, Employees Choice | Change Leadership Watch | Scoop.it

"Glassdoor announces the results of the 50 Best Places to Work in 2013, their fifth annual Employees Choice Awards."

Excerpts:

_______________________
   
"I love coming to work and being around professionals that are willing to help each other and listen to each other."

_______________________


Best work ever


Pros – Ambitous co-workers. Great athmosphere. Interesting problem I've been working on. Newest technologies.


Former Facebook Software Engineer in Menlo Park, CA – Reviewed Jan 16, 2013


Other "Pros" comments from top companies in the top 50:
   

  • "I love coming to work and being around professionals that are willing to help each other and listen to each other."
     
  • "The people are great. Everyone goes out of their way to help. The career opportunities are excellent. Citrix promotes from within the company this means that managers know and understand employees. The benefits are also good and there are 3 health insurance options."

   


And the "Cons" are also there:

  • "Seems like the company has started inserting many levels of management and not sure what they all do." 
         
  • "The processes and internal information is disorganized. I find my self in situations being asked if I have completed a certain task or process that I did not know it existed. Once it is clear I am not aware I learn and move on."

Culture related posts on Deb's blog:
   
Deb Nystrom, REVELN's insight:

It's a different type of communication when employees volunteer their pros and cons on Glassdoor, vs. a typical culture survey.  The top 50 commentaries illustrate of what makes for company that knows how to move with the times AND connect with their people.  ~ Deb

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Yahoo's Stock on Fire: Leadership Changes, Market Laggards & the Long Haul

Yahoo's Stock on Fire:  Leadership Changes, Market Laggards & the Long Haul | Change Leadership Watch | Scoop.it
I have always been amazed by the wrong or right CEO's impact on a company's fortunes and stock price.


Marissa Mayer's appointment to head Yahoo (YHOO) is a perfect example of this. The stock has been a market laggard for years and a succession of CEOs had been unable to turn around the one-time internet juggernaut. Since the one time executive from Google (GOOG) came over to lead Yahoo in July, the stock has been on fire.

The company successfully monetized a 20% stake in Alibaba in September which was already in progress for some time. The new leader has said all the right things to investors about the future direction of the company.

Will Yahoo continue in its momentum?

Deb Nystrom, REVELN's insight:

This continues as an "it depends" regarding leadership (and followership) on this perspective of "at the top" change leadership and the long haul.  The blog writer rates Yahoo's stock as a "hold" for now.  ~  D

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There is no such thing as leadership – Peter Drucker classic, Change Leadership?

There is no such thing as leadership – Peter Drucker classic, Change Leadership? | Change Leadership Watch | Scoop.it

Wes Balda has written a compelling piece on Peter Drucker and our overwrought attention to defining leadership, which is timely, seeing the new Pew report on negative media and presidental election coverage.


Excerpts:


At lunch one day, [Wes] asked Peter to define leadership. He snorted in response, “There is no such thing as leadership.”


WB: He defended this by claiming it couldn’t be defined. He stressed that leaders were only labeled thus because they had followers.


PD: “At best, leadership may be a dimension of management,” he said, “and leaders could be identified because their actions were predictable, or perhaps trustworthy.”

_________________________


Leading could be how we manage, or make knowledge effective through relationships, in powerless environments.
_________________________



WB: ...Max DePree identified an important concept – the absence of power. Leading could be how we manage, or make knowledge effective through relationships, in powerless environments.


Results are achieved around or beyond the use of power. “Leading without power” may be the only way leadership works. By definition, then, using power in leading is not leading at all.


DN:  Perhaps it's just coercion, or intimidation.  From another article excerpted here, from Forbes, note the diagrammed split of leadership and management tools and the placement of "power tools."


WB:  So, when Drucker says leaders are only defined by the presence of followers, I believe he means that these followers first exist – and that they are absolutely free from all constraints in choosing to follow.


A well known video on being the first follower helps illustrate this point.


Power is absent, and the decision to follow creates the ultimate democracy. (Drucker, incidentally, was even more focused on civil society after Sept. 11, 2001.)


Read the full article here.

Photo credit:  by Jeff McNeill, Flickr.com CC



More about resources for leaders via Deb:
Planning & Strategy Retreats
Presentation Videos - Change Results
Deb's mothership: The REVELN website

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Victoria Morgia Jamolod-Umbo's comment, September 6, 2012 9:28 AM
In any organization, there will always be leaders and followers. It is true that many people hate the fact that they are just simple followers, the main reason why they often time make nasty comments about these leaders.But, despite all these negative comments, a true leader should never be onion-skinned, and should stand firm on what he believes is right and advantageous for the majority, regardless of any negative opinions.
Deb Nystrom, REVELN's comment, September 10, 2012 9:54 AM
@Victoria, thanks for your comment. It is true that "leaders" must have thick skins. Drucker's point, I believe, is that followers define the leaders, and that leaders may, in many, even most cases be an artifact of management, rather than the magical status we've given them over the years.

Indeed, where would Gandi, Nelson Mandela, Washington and Lincoln be without their first followers and the followings that emerged to turn the tides of public opinion to make significant changes in our histories.

It's a provocative article and I'm glad that people are rescooping it. ~ Deb
Erika Holthuizen's comment, September 25, 2012 9:58 PM
golden truth
!