Safe, as in psychologically as well as physically, has its rewards.
I had a very interesting session recently. I did some coaching work with a client company who managed a small team. The day was split into two – the morning with the client and the afternoon with the whole team.
What struck me about the day was the power of good leadership and the importance of leaders who are aware of how they come across and are capable of forming a relationship with their teams. My client was struggling with her team because she was unaware how she was communicating, not only with her team but with other people in the organisation.
Unfortunately, becoming aware of how we are in a relationship with others brings us face to face with ourselves and requires a willingness to accept ourselves, warts and all, before trying to change anything.
After we all had lunch together and broke the ice a bit we focused on what was working (not what was not working), what was missing, what inspired and what was possible. By examining these areas and so creating a safe environment, everybody was able to reveal more of themselves and what they needed to have a satisfactory, safe working relationship with each other.
Energy contradictions underline some very strange attitudes. I went for a bike ride this afternoon ….. there is a super 6km circuit that goes from our village Unterthingau along a country road, up past a farm with magnificent views over the Allgäu countryside then along to Oberthingau and back home ….. On the way there are horses and cows munching happily in fields and of course the snow-capped Alps in the background …. The exercise and the fresh air were great, but during the ride I was struck by a couple of things. On the skyline in the direction of Kempten was – as usual – a line of a dozen wind turbines. All were – as usual – immobile, save one which was doing its best to turn languidly, and hardly succeeding.
A private house in the village
Now the Germans do things properly, as we know. This area is pristine, hardly a blade of grass or a stone out of place; it is stunning. So when it comes to energy-saving, they do it seriously (up to a point).
For a start, there are solar panels covering many roofs; the farmers get a subsidy for the installations and sell any surplus to the German National Grid. And then there are those windmills …. but the point is, they are usually motionless. There may be plenty of winter snow in this area, but there isn’t much wind.
Solar panels on cowshed ...
This confirmed my view that windmills in most places in Europe are never going to solve the energy shortage. They are contributing almost nothing now, and of course only produce anything at all when there’s wind. Full marks to the Germans for trying, but it’ll never be enough.
leaf-blower ....
Then as I rode through Oberthingau I saw a local resident blowing leaves off his forecourt with one of those “leaf-blower” machines …. This struck me as bizarre.
In truth, I’ve NEVER understood those things. What is the point? You blow the leaves from one place to another and later on when there is a little wind it’ll blow them straight back again. If he had been hoovering UP the leaves, fine, but blowing them from one place to another? Why not use a broom? And what have they got against leaves, anyway?
And I thought, on the one hand we are rushing around like headless chickens trying to think of ways of generating energy and on the other we are totally wasting it on ludicrous non-essentials.
As has been claimed and to my mind proven for Africa, what is needed is not giant, national and international projects (though more nuclear power-stations would help) but micro-projects for the masses, and especially a cosmic change in the mindset. You only have to look around to see examples of humungous waste of energy. Get rid for a start of most traffic lights! Dangerous? Errrmmm, no actually … experiments have shown that when there are no lights people drive more cautiously …. Get rid of those barriers on motorways that go up and down thousands of times every day. How many people actually drive through a toll barrier without paying? And even if they do, the operator can take their number and report them; why on earth do we need an energy-consuming barrier?
It’s individual mindsets that need to change … Do people really have to fire up their car to drive 300 metres to the baker’s on Saturday mornings? What happened to walking? The British “school run” is a classic example; kids are driven to school, don’t get enough exercise and so get fat, the roads are clogged up (and dangerous) and loads of CO2 is produced. Insane …..
Of the six active authors on this Blog, four have been or still are pilots. Of course, only young Bob Derham is a ‘real’ pilot having been an Air Transport pilot for almost as long as Pontious Pilate (sorry, that’s an awful pun!).
Anyway, there has been a growing collection of some incredible photographs from odd sources around the Web and it seemed time to share a few.
Here’s a wonderful picture of an F-15C Eagle Fighter circling over the Kennedy Space Centre in Florida with Shuttle Mission STS 108 on the launch pad.
Some of you may have noticed that at the head of the right-hand column on the Blog we have a new image. This arrived the other day and is from the ‘drawing board’ of Neil Kelly who is one of nature’s more creative fellows. Anyway, here’s the image in a slightly larger format. Thanks Neil!
Sometimes we think that we know nothing and feel that we having nothing to contribute; then, on reflection, we realise that, in fact, we do know something and that maybe it is worth sharing. This is perhaps the opposite of the paradox that the more we know, the more we realise that there is to know. Is a little knowledge a dangerous things? Possibly, if used with a cavalier attitude. In the end you, the reader, will decide.
A couple of months ago, Paul Handover described on this blog some details of his Piper Cub aircraft. Although I knew of his post, having skimmed it at some time, I had missed a coincidence which now triggers me to think about my limited knowledge and experience of the Piper Cub!
Operation Migration has played a leading role in the reintroduction of endangered Whooping cranes into eastern North America since 2001. In the 1940s the species was reduced to just 15 birds.
Operation Migration is a founding partner of the Whooping Crane Eastern Partnership (WCEP), the coalition of non-profit organizations and government agencies behind the project to safeguard the endangered Whooping crane from extinction.
Dimitry Medvedev, President of Russia, hitherto regarded as something of a stooge for “Czar” Vladimir Putin, recently made an extraordinary attack on those trying to rehabilitate Josef Stalin, who has strong claim to be the greatest mass-murderer and originator of human misery in history.
On the face of it, it seems extraordinary that anyone in their right mind could possibly seek to rehabilitate such a monster, but for many Russians he represents “the good old days”, when Russia was “great”, and in particular the dark days of WWII, when he is supposed to have “saved” Russia from the Nazis.
This last of course ignores the small detail that those who saved Russia were mostly young boys in Red Army uniforms who faced down the Wehrmacht in Stalingrad and elsewhere in unimaginably-terrible conditions.
However, despite being an “international communist”, Stalin “saved” Russia by appealing to nationalist sentiments. As this great country is once more going through tough times, the Russian conservatives, headed by Putin (“the loss of the Soviet Union was the greatest tragedy of my life”) have been seeking to play upon nationalistic sentiment by rehabilitating Stalin.
Now, nationalism is the most destructive of forces (apart perhaps from those inspired by “God”), and so we have a lot to fear from the extreme Russian version. But Medvedev has pricked the bubble in an act of considerable courage, for many enemies of the Kremlin have died for less – witness Alexander Litvinenko in London …
So, hats off to Medvedev.
Is he deliberately distancing himself from Putin? We should follow these events closely. We need Russia as a friendly partner on the world stage, and not just because of her resources.
Debt stress in Middle Class America – how may this play out?
On Saturday, October 24th Yves Smith of Naked Capitalism ran a Post on her Blog about an anonymous couple who were over their heads in debt. (Yves has given me written permission to reproduce the Post.) The story of this couple then generated a huge response of comments. Read the comments, each and every one of them.
Then ask yourself where this is all heading? These comments may, almost certainly are, just be the tip of the iceberg. Seems a long way from Lincoln’s Gettysburg address in which he was reputed to have used the words: “… government of the people, by the people, for the people, shall not perish from the earth.”
Some days I worry; worry a lot!
The extract from Yves Post about this couple is reproduced below but far better is to go and read the whole Post and all the comments.
UPDATE: Since writing this Post Yves has published a further Post on the topic again generating a huge volume of comments. That was Sunday, November 1st. Then bright and early on November 2nd James Kwak of Baseline Scenario weighs in with his version, Do smart, hard-working people deserve to make more money? 150 comments (at the time of writing) for that one. Interestingly, as the days have gone on the mood of the commentators has become more reflective and thoughtful thus partly negating the theme behind this Post.
A couple of Saturdays ago (October 24), we had a great time out at Wash Farm, the home of Riverford Organics.
Our five year old son enjoys eating sweetcorn. Recently, having carried the weekly veg box from our doorstep to the kitchen calling “Riverford coming through!”, he was then delighted to report: “there are three sweetcorns”, there having been two in previous weeks!
On Saturday, he marched into a field of sweetcorn and, as if he had done it for years, went straight to a plant and, explaining what he was doing, tested the crop for size and ripeness and picked it by breaking it off like an expert. He then handed it to me and proceeded to pick many more of them. When I asked him how he knew what to do, all was revealed: “I saw it on the telly!”.
As luck would have it, I encountered Guy Watson at the event and it was great to shake his hand and offer a few words of congratulation on what he has done. Of course, he has no idea who I am!
Their customer service is great; and now they are embarking on more market research to understand better how their customers use their products! [See the relevant edition of their newsletter here!] [The subject of a Post on Market Research coming out soon. Ed.]
Although I am not an expert, I know enough to know that this is remarkable. To think about how customers are using the product, to measure it, to go into customers homes and find out what they are really doing with your products: this is at the pinnacle of good customer research!
No doubt there are others, but I have only ever heard of one other company who paid so much attention to customers in their homes. It was Intuit, the highly regarded US software vendor which, for decades, has consistently beaten Microsoft at providing accounting software. Their representatives would wait in a shop for a customer to buy their product and then request permission to travel with them to their home to record exactly what experience they had with installing and using it!
Final report from the day at Riverford: the event on Saturday was “Pumpkin Day”, its primary purpose being to buy (and have carved) your pumpkin for Hallowe’en. There was a competition to guess the weight of a (largish) pumpkin; I guessed by comparative lifting of the pumpkin and of said five-year-old son, and based my estimate on information from his mother about his most recent weight! Guess what? I have just heard that I won! So a case of (organic, of course) red wine is now expected to materialise alongside this weeks box of vegetables!
A Post published today by John Lewis raises the question of why not consumer protection for financial ‘products.
Sherry’s reply.
A great question, John: why do we not have a threshold level of safety for financial products, as we do with cars and toys?
Well, for one, if a financial product “fails,” the consequence is purely financial – it is not injury or death. A financial product simply represents a financial investment today in exchange for financial payoffs tomorrow.
The less certain those payoffs, the higher the minimum required return on that investment. If the returns were certified or regulated in some way, risk would be reduced, and the required return would also fall. Limiting risk exposure throws out the baby with the bath water: less risk means lower returns on the investment. Look at the real returns to U.S. Treasury Bills – they are almost zero!
There is a role for regulation in financial products and that is for disclosure of relevant information. When we invest in a financial product, we are putting our money at risk in exchange for future expected cash flows. We forecast those cash flows on the basis of material information about the firm, its products or services, and its management and strategy.
Even here there is a fine line between the right to know and proprietary information that enables a firm to invest its own funds in the hope of generating a large return in exchange for taking risks.
The Securities and Exchange Commission’s requirement for a 20-day window between the time a bidder makes a tender offer for a target and the time the target shareholders must decide whether to accept the offer or not is an example of a regulation that crosses the line, in my view.
In a misguided attempt to protect shareholders from fly-by-night tender offers, the SEC has created an environment where multiple competing bids can arise, driving down the return to the original bidder and limiting the incentives for firms to productively redeploy assets through tender offers.