Business Trends

Thought For The Day – 090909

/ SupremeCmdr / Leave a comment

We partner with others to barter tasks and resources as well as to synergistically enlarge our vision.  We let them do what they enjoy and are good at so that we can do what we enjoy and are good at.  The only trick is to find people who love to do things that we do not enjoy and partner with them to do it.

Dr. B. Curtis Hamm received his Ph.D. from the University of Texas and is Professor Emeritus of the Spears School of Business and Consultant to the Oklahoma State University Foundation.

Dr. B. Curtis Hamm

Another Reason For Outsourced Underwriting – MOJO

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When you mention the word “outsourcing” most people get very emotional.  The emotion is fear. Usually, it is a fear of losing one’s job.  Well, during this nasty recession a lot of jobs have been lost.  I have been asking the question,

“Who’s left to do the work?”

I’ve noticed I am not the only person asking this question.  Nearly two thirds of respondents in a recent survey asked the very same question (see survey results reproduced below or click through to read the entire article).

If you’re in NB/UW management your cost cutting phase is over.  Stick a fork in it, it’s done.  Now you have to figure out how to get the work done with a decimated, demoralized staff.  Screaming won’t help (unless that makes you feel better).  Mandatory 60 hour work weeks?  I don’t think so.  Yup, looks like a man-made management problem that requires creative management solutions.  Unabashed self-promotion follows:

The underwriting talent is out here and we have the technology to connect companies with with experienced, professional underwriters to get the work done.

Call us. I have a mortgage, two kids in college, and a small fleet of cars to support.

One more thing…we got the MOJO.

Workforce Blogs – The Business of Management

A new survey just released by the Workforce Institute at Kronos Inc. and conducted by Harris Interactive suggests that a lot of employees may not be feeling particularly optimistic and workplace productivity has been a casualty of the Big, Bad Recession.

Here are some of the survey highlights:

• Some 38 percent of respondents employed full or part time said there had been layoffs in the past year at their primary place of employment.

• Of those respondents who said that productivity had been negatively affected by layoffs:

—66 percent said that morale has suffered and that workers are less motivated;

—64 percent said that there is just too much work and not enough people left to do it;

—37 percent said the wrong people or departments were laid off, leaving inefficient systems and workflows; and

—36 percent said they are concerned that as the economy picks up, they won’t have the right resources to meet demand.