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  1. Everybody is talking about AIG again. The conversation is about how they continue to throw tax-payer money away. Over the weekend new details of AIG’s bonus plans were made public. In a nutshell the company plans to pay about $165 million in bonuses to executives in the same business unit that brought the company to the brink of collapse last year. The most frequent word used in the media to describe the feelings of the average American is outrage. ..

  2. In OOPS! , mergers and acquisitions is one of the 13 management practices that waste time and money. In a Business Week article, Drug Mergers: Killers for Research by Catherine Arnst she quotes Dr. Joseph Schlessinger, Department Head of Yale’s School of medicine who sold his company to Pharmacia in 1999. Arnst quotes him, “Until the merger is completed, everyone in the labs of Wyeth and Pfizer and Merck and Schering-Plough will stop doing anything except talking about ‘what is going to happen to me?’ They are going to stop producing for a long, long time,” he says. ..

  3. Once you have trained managers in R+ and helped them with their feedback system, how often did a non-monetary R+ program fade after a period of time, and what did you learn to do to help sustain it on a global or structural level? ..

  4. Can you believe it, they have me blogging. At age 73, no less. Hey, behavior changes. I have just read Growing Up Digital the latest book by Don Tapscott. He talks a lot about the NetGeneration, ages 11-31. The book is written for people older than 31 because those younger than 31 have grown up digital. They don’t need to be told about it—they are it. ..

  5. The 1st Management Practice That Wastes Time & Money: Employee of the Month (and most other forms of recognition and reward). ..

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