A $70K Minimum Salary?

Dan Price, the CEO of Gravity Payments, took a $930,000 pay cut to raise the minimum salary of his employees to $70,000. There have been some unintended, yet predictable consequences.

Source: Mises Daily | Mises Institute

HTWFAIP: Don’t Criticize, Condemn, or Complain

In a previous post I listed Dale Carnegie’s 3 fundamental techniques for handling people from his 1936 bestseller How to Win Friends & Influence People.

Lets take a closer look at number one.

1. Don’t criticize, condemn or complain

Criticism is ineffective because it puts people on the defensive and leads them to try to justify themselves instead of making the change that you desire. Criticism injures a person’s pride, damages their sense of importance, breeds resentment, and reduces morale. This is not an environment conducive to positive change. One of the many famous anecdotes sprinkled throughout the book appears in this chapter, and sums it up nicely: “If you want to gather honey, don’t kick over the beehive”.

Top 5 E-mail Annoyances

The top 5 things that drive me crazy in business e-mails.

1. Sending an e-mail asking me to take some urgent, immediate action. Just call me instead.

2. Sending an email to thank me for my earlier reply. Please thank me by sending less e-mails.

3. Forwarding me something as an FYI when I clearly need to take action. FYI means “you may want to know about this, but you do not need to do anything”.

4. Replying to an email on one topic to discuss a completely different topic. This makes it nearly impossible to find later.

5. Forwarding me several versions of the same e-mail thread to get me up to speed on a subject. I do not need all 15 emails, just the last one or two with the whole thread.

Work Breakdown Structure (WBS)

A Work Breakdown Structure, or WBS, is defined in the Project Management Body of Knowledge (PMBOK) as a deliverable oriented hierarchical decomposition of the work to be executed by the project team. In other words, the WBS is organized around objects (not actions), starts with the project at the top level, and then breaks the project down into smaller manageable pieces. The further down the structure you go, the deeper into the weeds you are. Each branch of the WBS goes down to the work package level, or the level below which there are no further objects, only actions.