Thursday, November 13, 2008

I found this interesting

I read this in a book that Mr. Dave Neeleman who was the CEO of JetBlue airlines used to service as a flight attendant, baggage handler, and maintenance worker while still being the CEO. There are different reasons for why he did this and a lot of advatages as well. How many CEOs would be willing to do such a thing today?


****************************
http://www.nytimes.com/2008/09/24/business/24street.html?_r=1&th=&emc=th&pagewanted=all&oref=slogin

An investment banker said:

"The thing about investment banking is it's so grueling that you are always daydreaming about going off and doing something interesting," Mr. Pugliese said. "Your heart is crying out, but your wallet is telling you there's nothing else out there that is going to have this kind of payoff."

Mr. Neff, a former technology industry analyst, said he often thought about taking a year off to study the Talmud and other Jewish texts. But at the end of good years, he would not want to miss the next good year. And at the end of bad years, he felt too nervous about his finances.

****************************
Mr. Narendra Modi's interview excerpt ... On being questioned about he being next in line to Mr. L.K.Advani, "There are two ways to harm a person. One, you can give that person less work than what he is capable of doing. Second, you can show him big dreams which he is not capable of achieving. You fire his ambition so that he ventures out and gets finished."

****************************
"Wal-Mart accounts for 12% of total US imports from China — if Wal-Mart was a country it would be China’s eighth largest trading partner"



****************************
India has the fourth largest number of vehicles running on natural gas among all countries of the World.



****************************

Reverse psychology: Empirical evidence demonstrates that the presence of signs reading "Do Not Write on These Walls Under Any Circumstances" actually increases the incidence of people's violations of the vandalism norm (as compared to signs that say "Please Do Not Write on These Walls" or the complete absence of signs).

Similarly, people take longer to vacate a parking space when they know someone else is waiting for it. People often have a negative reaction whenever they perceive that someone is controlling their behavior or limiting their freedom.

****************************
65% of second-generation family businesses fail and some 90% of third-generation businesses fail.

No comments: