Thursday, July 26, 2007

Dumb Corporate Email No. 1,256

How many times do I have to tell you senior execs to stay away from emails doing something shady? When will you start to listen?

The latest alleged miscreant to ignore my advice is Greg Reyes, former CEO of Brocade Communications, whose options backdating case goes to a federal jury tomorrow. If he goes down, it will be due to the fact he, like so many others, decided it was less work to use email than dial the phone.

Evidence of my wisdom, and his folly, is this from The Wall Street Journal’s reportage of closing arguments. Note that Reyes is accused of illegally backdating options 2000-2004.

“In summarizing the government's case, Mr. Reeves ran through evidence for 10 reasons why prosecutors allege Mr. Reyes knew full well that backdating was illegal. As the prosecutor spoke, he left a large whiteboard on an easel facing the jury, displaying the government's Reason No. 1: An October 2004 email that Mr. Reyes sent to another company's board member in which the Brocade CEO wrote, in capital letters: "IT IS ILLEGAL TO BACK-DATE OPTIONS GRANTS.''

Wednesday, July 25, 2007

Take This Job And .....

I recently asked LinkedIn members if they had ever walked into a boss' office and declared, "You can take this job and shove it." The best answer came from Bob Fornal of Columbus, Ohio.

" I have. It was pretty depressing how few people actually cared."

Sunday, July 15, 2007

Free Agent Generations

I recently interviewed Bruce Tulgan, a researcher, author and speaker who focuses on how to understand Gen X and Gen Y. Like the insightful Dan Pink, he sees the workplace becoming a collection of free agents -- something he believes fits perfectly with the thinking of tomorrow's leaders. A few exceprts follow.
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For example, the old-fashioned workplace was filled with onsite, long-term, uninterrupted, exclusive employees. The future of the workforce is shorter-term, non-exclusive people who might even leave and come back later.

I think . . . that it is the future of work, whether someone is on a payroll or or under a contract.

In some cases jobs are positioned as old-style – onsite, ongoing and so on. But even people in those roles over the span of their careers are experiencing work they way contingent workers do. That’s clearly the trend.

In addition, the distincition between an old-fashioned employee and a contingent is becoming less significant. Frankly contingent workers are getting more respect, more benefits and doing more significant work and those in traditional employee roles will probably say they have less and less security.

But the biggest mistake a manager can make is looking at someone and say, “we've got them.” It’s like if you got married, said "I've got you," and then started acting like a jerk. That’s not a formula for a long relationship, even among people who stood up before family, friends and God to swear loyalty unto death. So why should your employees tolerate that? After all, it’s just a job.

Wednesday, July 11, 2007

Executive Privilege Not

WASHINGTON (AP) -- Loyal even after leaving the White House, President Bush's former political director Sara M. Taylor obeyed his instructions and declined to answer most of Congress' questions Wednesday about her role in the firings of federal prosecutors.

I don't understand why ex-White House employees think they get a pass on this kind of thing. Under this scenario, a floral arranger could refuse to discuss presidential flower preferences if George told him to keep his mouth shut.

Wednesday, July 04, 2007

Tough Love for Laid Off Newspaper Journos

Having resigned from and been fired from newspaper jobs, having done corporate and tech PR, having run my own consulting business, I offer this advice.

Do not take a break and decompress. Your severance is your lifeline, not a bonus. Start now to look for your next role in the marketplace because it will be more difficult than you think. Kudos if you began working on it before the ax neared your neck.

Park your ego. Every journalist invests a big chunk of ego in what they do. Despite the value of your last job, it's over and you need to be realistic when you knock on potential employers' doors.

Look hard at your skills. A friend once said to me, "Hey, I can write about anything, I'm a newspaper reporter." A year out of the business he said, "Don't tell anyone I said that." Today, the writers most eagerly sought are in marketing and advertising. And they tend to specialize in sub-categories such as direct mail, online and so on. If you don't believe me, check out the job boards.

A bright spot: If your skills apply to the farther end of the editorial process -- copy editing, pagination, production editing -- your job hunt will be shorter than faced by your colleagues who got to leave the building to earn their paycheck. But understand you're more likely to guide a catalog or a brochure onto the press than anything sexy.

The freelance thing. You know it's a tough grind. But if you want to give it a go, understand it's all about niches -- and, sometimes, niches within niches. Your reporting and writing skills will be invaluable. But most publications need people who are knowledgeable about their specialty. Sure, you covered Cisco, but what the bleep do you know about networking technology and products?

Also, think about the vast space between daily journalism and hacking out news releases. Alumni magazines, Web content and trade publications focused on things you know. Big bucks? Probably not. But if you can balance what they pay against the time you need to put in, you could create a regular income stream.

PR? -- Most companies and agencies today want experienced PR people. (Again, look at the job boards.) Your newspaper credentials will be recognized, but only as they apply to what you covered. Business writer? Great. But are you current on the issues and trends affecting my company/client? Think PR is beneath you? Go get a paper route.

Teach? -- ESL, yes. Journalism, no. People are lined up out the door for journalism gigs and they usually pay less than the cost of the gas it takes to drive to work.

Try something completely different --
You know how to interview people, paw through databases, grasp what details are important and recognize what questions must be answered before the final product is released. Those are excellent skills that can be applied to almost any venture in life.

Required reading: Dan Pink's books. I know him and he understands the future of work.

Monday, July 02, 2007

Scooter's Commuted Sentence

He doesn't have to go to prison.

But he remains a convicted felon, which means his law license is toast, his right to vote is gone and he can't go quail hunting with his former boss because he can't be in possession of a firearm.

Sounds like enough for now. For a guy like him.

Thursday, June 14, 2007

Is Nothing Sacred?

NEW YORK -- Colgate-Palmolive Co. said counterfeit toothpaste falsely packaged with a Colgate label is being recalled because it may contain a poisonous chemical.
-- The Wall Street Journal

Monday, June 11, 2007

End of the Sopranos

It wasn't a hit. No way.

First, you only send one guy in a controlled situation like that. Second, a hitter doesn't sit around drinking coffee so a dozen citizens can get a look at him. Third, Tony scoped them all and didn't blink.

It wasn't an FBI bust. No way.

First, they wouldn't have to use undercover because Tony had no bodyguards. Second, there was no hint of media coverage. Third, it would have been more dramatic to bust him at home -- as in the past.

What was it? To quote Tony's most repeated line: "Who the hell knows?"

Wednesday, April 04, 2007

Wars And The Calendar

Since the United States launched itself under a ratified constitution on March 4, 1789 it has never been victorious in a foreign war that it fought for more than four years.

That's why, in the fifth year of the Iraq War, I worry when I hear our government and military leaders argue for more time to "get the job done."

Monday, March 26, 2007

Felons Among Us

I'm beginning to wonder if anyone today can say they have never known a convicted felon.

The number of successful business people, political leaders, moral paragons, neighbors and acquaintances among us who have done time seems to expand so rapidly that, soon, we'll be friendless if we exclude them from our circles.

My personal count is nine, two in the last six years. Their crimes included burglary, drug dealing, armed robbery, fraud and murder. One awaits a surrender date to the federal Bureau of Prisons. Four built decent lives after their release. The fate of the other four, including the murderer, are unknown to me.

A friend wrote me recently about a former colleague police say is a "person of interest" in a murder: "I sure hope he was not involved, but I've have had a bunch of shocking discoveries recently about people I know turning out to be child molesters and such, so who knows."

How many people among the political and media elite can say they've never done business with someone later convicted of a felony? How many degrees of separation are there between dozens of Fortune 500 CEOs and people currently wearing khaki or orange jumpsuits?

Either the moral fabric of our society is fraying badly, or prosecutors and judges are putting far too many people behind bars. Set aside the underlying reason and the fact remains many people are beging forced to re-think their opinions about people who commit crimes.

Monday, March 19, 2007

Who's In Charge Here? George W. Bush

Mike Allen at politico.com reports President Bush is interviewing potential replacements for Alberto Gonzales, the Attorney General of the United States who placed political loyalty above his duties.

The current scandal over the firing of local federal prosecutors who displeased GOP powerhouses is the best evidence that Bush's entire tenure is based on politics and nothing else. That's because politics is the only arena in which he has ever succeeded. It doesn't matter that his advisors provided the thinking; Bush took the credit and came to believe it really was all about him.

Most Democrats and a growing number of Republicans are toting up the gruesome toll of the administration's failures and asking, "who's in charge here?"

The only possible answer is George W. Bush.

Tuesday, March 13, 2007

Take That, Delta Zeta

News arrives that the president of DePauw University has kicked Delta Zeta sorority off campus because of the social group's recent purge of the less-than-pretty-and-popular-and-nonwhite members.

University President Robert G. Bottoms told a news conference, "I came to the conclusion that our approaches to these issues are just incompatible." He did not elaborate.

Delta Zeta national kicked out 23 of its 35 DePauw sisters, including all who were overweight as well as the only black, Korean and Vietnamese members. Six others resigned in disgust.

Delta Zeta HQ issued a statement saying it was "disappointed."

You go, Bob.

Monday, March 12, 2007

The Supreme Court Stops The Iraq War

Congress passes a defense appropriation bill that effectively requires the withdrawl of U.S. troops from Iraq. Bush vetoes it. Congress overrides the veto.

The Supreme Court gets involved because the administration claims congress is usurping Bush's constitutional powers to prosecute a war as he sees fit.

Congress argues the Constitution makes clear it alone holds the federal purse strings, something that has never been contested during any of the nation's wars, declared or not.

The nine justices conclude they don't care to rewrite the Constitution to suit the current president's needs, reaffirm the separation of powers and tell the litigants to deal with the situation amongst themselves.

Utterly defeated politically and constitutionally, Bush lunches with congressional leaders at Nancy Pelosi's home and they work out a reasonable, but prompt, troop withdrawl.

Wednesday, March 07, 2007

Free Scooter: Vote Democratic

The White House says there is no talk on the Bush team of a pardon for convicted perjurer I. Lewis Libby.

Any kind of pardon is out of the question before the 2008 election. And a full pardon at any time by Bush, something that would wipe out the conviction itself, would confirm the White House threw Scooter to the wolves.

But a Democratic president could pardon Libby and come out ahead.

It would be impossible for anyone to claim self-interest or campaign money were involved in the decision, contentions that played heck with Bill Clinton’s image after his pardon of billionaire fugitive Marc Rich., half-brother Roger and pal Susan McDougal.

And by describing Libby as guilty, but also a victim of his evil bosses’ machinations, a Democratic president would appear statesman-like and compassionate.

Sure, the editorial page of The Wall Street Journal would argue the pardon was granted solely to keep the stench of a GOP-bred scandal fresh in the nostrils of voters for as long as possible. But most people would see that factor as nothing more than an unfortunate side of effect of making sure justice prevailed.

Right?

Saturday, February 24, 2007

Dumb Delta Zeta

Omigod, Delta Zeta national swept out the undesirables at the DePauw University chapter. The ostensible reason was a lack of commitment to recruiting. However, as the New York Times reported:

"The 23 members included every woman who was overweight. They also included the only black, Korean and Vietnamese members. The dozen students allowed to stay were slender and popular with fraternity men — conventionally pretty women the sorority hoped could attract new recruits. Six of the 12 were so infuriated they quit."

A spokesman for DZ headquarters said the organization's overarching concern was the “enrichment of student life at DePauw.”

Does anyone have Elle's phone number?

Friday, February 16, 2007

More Corporate Miscreants

Most Americans believe in capitalism because they know it offers the most opportunity and individual freedom. That, not class anger, is why regular folks hate corporate leaders who lie, cheat and steal.

I'm no different. But what really drives me nuts is the arrogance and stupidity of the corpo-thieves, something I noted in an earlier post.

Now, I come across the story of Gary Min who pleaded guilty to stealing an estimated $400 million in DuPont technology. There's no evidence that Min tried to transfer the information to anyone, but he faces up to 10 years in prison and a fine of $250,000. In contrast, pioneer corporate thief Michael Miliken emerged from two years in prison with $500 million in the bank. That's the dumb part.

Then there's the arrogance factor. According to The Wall Street Journal, prosecutors are considering filing criminal charges against former Broadcom CFO William Ruehle (photo above) who emailed a colleague:

"I VERY strongly recommend that these options be priced as of December 24."

As the newspaper noted: "Broadcom's share price rose 23% between the two dates. The pretense that the options had been granted on the earlier date made them extra valuable."

If nothing else, Ruehle should be convicted of being too lazy to pick up the phone.

Saturday, February 10, 2007

Barack Obama and Foreign Policy

The news media should stop using foreign policy experience as a factor when judging Barack Obama's viability as a presidential candidate.

The last president with any pre-election credentials in that arena was George H.W. Bush, who earned them as the director of central intelligence, UN ambassador and chief of the liason office to the Peoples Republic of China. And it was domestic issues, not foreign relations, that saw him out of office after one term.

Prior to Bush's election in 1989, the last president with important international political experience was Dwight D. Eisenhower, first elected in 1952 and the former supreme commander of allied armies in Europe during World War II.

While increasingly important in today's world, expertise in foreign relations has always been a secondary consideration for American voters when choosing a president. None of the other candidates on the political stage today have meaningful international experience so raising it as an issue in Obama's case is unfair.

Friday, February 02, 2007

My Thought Crimes

I am acquainted with more than one Saudi citizen who (to put it mildly) questions the U.S. government’s foreign policy in the Middle East.

I once shared a meal with two members of the Chinese Communist Party.

I have attended social events alongside drug addicts, Iranians, illegal immigrants and people carrying guns.

I believe it is wrong for my Internet service provider to cooperate with the National Security Agency in monitoring calls, emails, and anything else that travels along phone lines.

I believe it is unconstitutional to throw people into prison simply to coerce them into giving up information. That includes news reporters.

Now that I’ve posted this and the tags below, I wonder who might knock on my door.

This could be interesting.

Thursday, February 01, 2007

Truth and Consequences for Joe Biden

Joseph Biden was correct when he said Barack Obama is the first viable African-American presidential candidate. It is equally correct to say that his mush-mouthed way of making that point demonstrates Joseph Biden is not a viable presidential candidate.