Skip to main content

No Such Thing as Auto-Pilot and Other Myths

Many people in business like to work on things even when they are well known to be not working. Today let me share with you the 5 most common practices that don't work. Avoid them and you won't be having any chance of disappointments:
  1. Auto-Pilot.  The myth people have is that pilots, once they put the plane on auto-pilot, have basically nothing to do during their flight hours. Nothing is further than the truth: even with the plane on auto-pilot, pilots have to go through their flight navigation plans, make notes on where they have passed and plan for landing and watch out for tubulences.  In short, they have to be on the alert and work all the time even when the plane is on auto-pilot.  Same for business.  Even if your business is as big as Apple, Facebook or Alibaba, you the CEO still have to clock in many hours of work everyday for there is simply no auto-pilot in life
  2. Threat of Termination works.  This threat only works with those that find it difficult to look for jobs, and they are usually the non-performers.  The high performers can find jobs easily, so this threat will never work. But since they are high performers, why do you want to sack them?  
  3. 50% Discount Will Win You Business. In fact if you lower your price by half, people will be scared and dare not do anything.  See our previous article on this
  4. Productivity will be boosted when the output is higher.  Truth is productivity is defined as the ratio of output over input, so merely increasing output will not boost productivity unless you are using proportionately lesser input.  Like if we have 5 salespeople now producing $20 million sales annually, increasing sales to $25 million is not productive if that results in lower profit margin (resulting from higher selling cost or lower gross margin)
  5. Promise of Destination Works.  We know it is the journey that gives us the happiness, not the destination.  So if you promise your people that they will get 3 months bonus when they work hard, your people will only be motivated if your journey is enjoyable and not suffering. 
By Andy Ng, International Business Coach and Trainer, who have trained over 81,131 people in 14 countries including Singapore, Malaysia, Thailand, Indonesia, Philippines, Brunei, Maldives, China, Sri Lanka, Japan, Australia, Taiwan, USA and Mexico.  List of courses are at www.asiatrainers.com/SeminarsList.php Related articles:
  1. Be a Great Boss, not Feared Boss
  2. The meaning of your dreams
  3. How to waste money on training
  4. Making money from training
  5. How to be a better manager and leader 

Comments

Popular posts from this blog

The Secret Under the Mattress: Why would a 79-year Man Bet So Big on 4D?

It was 2007 when we discovered his secret. While moving my father’s mattress, we found them: heaps and heaps of Singapore Pools 4D tickets. They were stacked in layers, a paper trail of lost hopes. What shocked us most wasn’t just the volume, but the stakes. He wasn’t betting a few dollars for fun. He was punting hundreds of dollars per draw—nearly ten times a month. At the time, my siblings and I were furious. Our father was a 79-year-old retiree. We wondered, with a mix of anger and confusion, why a man at his stage of life would need to win such "big money." What was he going to do with the money? We saw it as a reckless habit, a sign of poor judgment in his final years.  Some of us would say, "If I were to give him money to buy 4D, why don't I use the money and buy 4D myself?  At least I have better discipline".  It has taken me two decades, and the experience of raising my own three grown-up children, to finally see the truth that was hidden under that matt...

Have You Found Your Sun Yi and Teresa Teng?

I n the long, unfolding history of the Chinese-language music scene, "The Moon Represents My Heart" 月亮代表我的心 stands as an unsurpassable milestone. Yet, the journey of this globally renowned masterpiece, a song that would eventually captivate the world, was fraught with setbacks: it was once dismissed as "trash" by its own creator and tossed into a wastebasket, later suppressed by official policy as a "banned song ," and initially failed to gain any traction when performed by two different singers. The dramatic turnaround in this song’s fate is not merely a musical legend; it offers a profound life lesson: the greatest stroke of luck in life is not about how perfect you are, but about encountering the "right people", those who truly understand you, support you, and help you realize your potential, at exactly the right moment. I. The First "Right Person": A "Talent Scout" Who Recognizes Your Worth In the early 1970s, composer T...

How to Use Zoom Cloud Meetings Effectively

(Read also How to Secure Your Zoom meeting ) Other than Zoom Cloud Meeting, you can use other video conferencing platforms like Google Hangouts, Skype and WeChat Video Conference.  Zoom is the most popular because it is free and is easy to use, especially on the phone .  Here's how you can use Zoom effectively: Use a laptop, not your phone or tablet, especially when you are hosting a meeting.  On a laptop, you can see everything: the PowerPoint screen that you are sharing, video of all participants and the group chats.  You can easily type on a laptop and this is useful when you are translating or doing detailed explanations.   The host of the zoom meeting should mute everyone at the settings and only unmute them when they speak.  Participants can indicate that they want to speak by raising their hands before speaking Use earpiece or headsets or wireless earbuds so that you have a better concentration of the voices in the meeting and not be d...