Monday, June 18, 2007

To Accomplish 20 Times as Much, Start by Understanding the Value of Measuring Performance - by Donald Mitchell

To Accomplish 20 Times as Much, Start by Understanding the Value of Measuring Performance - by Donald Mitchell: "Measurements Help Erase Complacency

Most people view the measuring process too narrowly. Here's an example: A corporate planner went to a seminar given by corporate strategist Peter Drucker. The planner asked Drucker to pick the best single measure of corporate performance. Drucker replied, 'My dear sir, you obviously know nothing. There is no single measure of corporate performance that is any good. Use them all and try to develop new ones, and each will teach you something you need to know.' Drucker's point was that measurements are highly subjective and imperfect. Would-be stallbusters are going to need many more measures.

I'd Rather Not Know That!

One CEO tells another Peter Drucker story about measurements that may fit you. Drucker had presented a seminar on personal improvement to the CEO's U.S. Air Force group years earlier. Each man was instructed to measure in great detail how he spent his time for a week. The CEO found this task to be a life-changing experience. The measurements revealed all of his bad habits and put the CEO on guard to avoid those bad habits in the future. Unfortunately, this CEO's example is rarely followed. Few want to know how they spend their time or what their output is."

The Wonderful World of Probate (and Why to Avoid it) - by John Fraker

The Wonderful World of Probate (and Why to Avoid it) - by John Fraker: "When a decedent dies with a valid will, but without a Living Trust, their estate is subject to Probate. Probate translated literally means 'to prove the will.' The probate process, in it's origin, was designed to prove that the decedent actually had died, and that the will in question was the actual will belonging to the deceased.

Today, probate is best described as a court-supervised process by which a decedent's assets are gathered, valued, and distributed according to the decedent's last wishes, as stated in his or her will.

In addition, the probate process also requires a formal process by which all creditors (or potential creditors) of the deceased, known and unknown, are notified of the death, and given the opportunity to make a claim on the decedent's estate.

Due to the formal, court-supervised nature of the Probate process, the average length of a probate case can be anywhere from 6 months to a year and a half, depending on the complexity of the case and a variety of issues.

Some important issues when considering whether or not to avoid probate include:"

How to Be Ridiculously Rich and Spiritual, Too: A Nod to Today’s ePreneur - by Susan L Reid

How to Be Ridiculously Rich and Spiritual, Too: A Nod to Today’s ePreneur - by Susan L Reid: "The ePreneur is an up-and-coming concept in the world of entrepreneurs. The 'e' in ePreneur stands for 'enlightened.' Well, I'm not so sure about the enlightened part! Perhaps it's better to say that the e encompass all entrepreneurs who desire to build their businesses upon the foundational mix of solid business acumen and inner spiritual wisdom.

Today's ePreneur apologizes neither for being financially prosperous nor for including the spiritual dimension in their business. The accumulation of wealth and success goes hand-in-hand with being spiritual, to the ePreneur.

If You've Seen One Prosperity, You've Seen Them All

Many people mistakenly believe that there are many definitions of prosperity. I disagree. There is but one definition of prosperity with limitless ways to manifest it in your life.
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