Michael Bloomberg Shakes Up Newsroom Side of His Company

Emails between staff members are marked with the time the employee entered the office, a measure that has been reinstated since Mr. Bloomberg returned and that some suspect is intended to encourage employees to arrive earlier (or to shame them for arriving late).

.. Though he has not publicly outlined a strategy for Bloomberg’s journalism, he has told friends that people are more likely to buy terminals if the company’s other media offerings are highly influential. Broader coverage will also have a reach beyond the terminals, and can draw in those, like chief executives at businesses outside of finance, who do not subscribe. Also, public figures are more likely to give news-making interviews to a general publication than to a financial wire service.

.. “Working for Mike,” said Ms. DeMarse, who is now chief executive of TheStreet, a financial media company, “is not for everyone. You have to be very smart; you have to have a high tolerance for ambiguity; you have to be flexible, because things change so quickly.


Lyndon Johnson: Success Came with Majority Congress

.. many of Johnson’s signature victories came during a two-year period when Democrats had two-thirds majorities in both the Senate, where they held 68 seats, and the House, where they held 295.

.. What’s surprising to me is that as conditions in Congress change, he is really shut down. I didn’t expect the last part of the book: a president who’s really emasculated and can’t get anything done even though he’s trying the same old tricks. It really became crystal clear to me how Congress determines the fate of the presidency.”

Tom Peters on leading the 21st-century organization

The only thing on earth that never lies to you is your calendar. That’s why I’m a fanatic on the topic of time management. But when you use that term, people think, “Here’s an adult with a brain. And he’s teaching time management. Find something more important, please.” But something more important doesn’t exist.

Did you ever read Leadership the Hard Way, by Dov Frohman? The two things I remember from that book are, one, that 50 percent of your time should be unscheduled. And second—and I love that this is coming from an Israeli intelligence guy—that the secret to success is daydreaming.

..  I hate to ever defend lines and boxes. But I also don’t believe that hierarchy is dead. I flew 40 hours with Emirates Airline last week, and I want to think there were charts and boxes in the Emirates Airline operation, particularly in the Mechanics Department.

..  Somebody once asked me, “What is your number-one goal in life?” I said, “My number-one goal in life, at the age of 71, is to be able to walk past a mirror without barfing.”

.. People say that fame is important, but in the end it really isn’t. People say that wealth is important, but in the end it really isn’t. My ex-wife had a father who was in the tombstone business. I’ve seen a lot of tombstones. None of ’em have net worth on ’em. It’s the people you develop. That’s what you remember when you get to be my age.

I don’t have much patience with CEOs who don’t see it that way.

.. We’re in the big-change business, aren’t we? Isn’t that the whole point? I mean, any idiot with a high IQ can invent a great strategy. What’s really hard is fighting against the unwashed masses and pulling it off—although there’s nothing stupider than saying change is about overcoming resistance. Change is about recruiting allies and working each other up to have the nerve to try the next experiment. You find allies.

.. Change is also about giving reinforcement at precisely the right moment. I like to say that I never help anybody travel 95 yards down a field. I find people who are already on their opponent’s five-yard line, and at exactly the right moment I give ’em a very big, swift kick in the butt. And they fall over the goal line.

.. Now one answer to that, if you believe former US labor secretary Bob Reich, is to put more women in management. They know how to do a work-around. Men don’t know how to do work-arounds, because the only thing we understand is hierarchy. That’s an exaggeration, of course, but then again the neuroscientists tell us it’s not that big an exaggeration. The male response is, “I can’t do anything about it ’cause my boss is really against it.” And the female response, by and large, would be, “Well, I know Jane who knows Bob who knows Dick, and we can get this thing done.” They do it circuitously.


William Deresiewicz: Don’t Send Your Kid to the Ivy League

Learning how to think is only the beginning, though. There’s something in particular you need to think about: building a self. The notion may sound strange. “We’ve taught them,” David Foster Wallace once said, “that a self is something you just have.” But it is only through the act of establishing communication between the mind and the heart, the mind and experience, that you become an individual, a unique beinga soul. The job of college is to assist you to begin to do that. Books, ideas, works of art and thought, the pressure of the minds around you that are looking for their own answers in their own ways.

.. “What Wall Street figured out,” as Ezra Klein has put it, “is that colleges are producing a large number of very smart, completely confused graduates. Kids who have ample mental horsepower, an incredible work ethic and no idea what to do next.”

.. Kids at schools like Stanford think that their environment is diverse if one comes from Missouri and another from Pakistan, or if one plays the cello and the other lacrosse. Never mind that all of their parents are doctors or bankers.

.. The college admissions game is not primarily about the lower and middle classes seeking to rise, or even about the upper-middle class attempting to maintain its position. It is about determining the exact hierarchy of status within the upper-middle class itself.