Category: management

HARD TIMES

America’s next President needs to forcefully change the economic direction of America in the same way Timothy Egan shows Franklin Roosevelt and the Secretary of Agriculture, Henry Wallace, did during the Dust Bowl and Depression era.

Books of Interest
 Website: chetyarbrough.blog

THE WORST HARD TIME (The Untold
Story of Those Who Survived the Great American Dust Bowl)

Author: Timothy Egan

Narration by: Jacob York

Timothy Egan (Author, American journalist, former op-ed columnist for The New York Times, won the National Book Award in 2006 for “The Worst Hard Time”.)

Timothy Egan wrote an interesting history of America during the dust bowl years that resulted in the Great Depression that lasted from 1929 to the early 40s. “The Worst Hard Time” has concerning parallels to today’s economy. Timothy Egan notes the Dust Bowl is caused by climate change, water scarcity, and energy transition, i.e. all conditions of the year 2025.

Contrary to Trump’s belief that global warming is a cycle of nature, most scientists argue the earth is warming because of the world’s burning of fossil fuels.

Clean potable water is a growing threat to a rising world population.

American Oil Refineries.

Transition from fossil to renewable energy sources is being delayed by the Trump administration.

Agricultural markets dramatically rose and fell in the 1920s and 30s. Wealth and greed created by wheat farming blinded farmers to the harm they were doing to the Nebraska, Oklahoma, and Texas panhandle plains of middle America. With the scarification of soil and seasonal planting and harvesting of wheat, millions of acres of grass land were left barren between crop seasons.

Trump is a sad reminder of the political blindness of Herbert Hoover.

Herbert Hoover (31st President of the United States.)

Tariffs and anti-immigration policies were instituted by the Hoover administration as a response to declining prosperity caused by excessive wheat farming cultivation. This is reminiscent of President Trump’s response today with tariffs, militant immigration policies, and his rejection of science that warns of the impact of global warming.

Trump’s modus vivendi.

Artificial Intelligence in today’s economy has increased investment of billions of dollars in today’s money like that spent to grow and harvest wheat in the 1920s. Investment in farmland skyrocketed in the 1920s with farming as a way to increase wealth with cultivation of land that was nearly free in Nebraska, Oklahoma, and the Texas panhandle. Today, massive investments in A.I. are being made by wealthy tech company owners. Without pragmatic and careful implementation of A.I. to America’s economy, tech company’ investments may have the same consequence to its investors as the farming collapse had to the wheat farmers.

A.I. will become the engine of American economic improvement just as Industrial Revolution changed agricultural production.

Today, A.I., rather than industrialized agriculture, has become the great economic engine of America. Today’s massive investments are in A.I. rather than wheat harvesting. The collapse of wheat prices because of oversupply disrupted the American economy because workers were not needed. A.I. will have a similar impact on all industries which may lead to the next world-wide depression.

1933 Depression bread lines.

Trump’s idea of Making America Great Again is a twentieth century idea that may lead to economic collapse rather than economic prosperity. His tariff policies set a table for damaging the world economy in the same way they did when Hoover became President. America needs to embrace the inevitable decline of human manufacturing and focus on transitioning America to a service economy. America needs more doctors, nurses, social workers, educators, house builders, scientists, and ecologically minded politicians rather than investors and manufacturers of disposable conveniences. At the same time, regressive tax policies that penalize the poor and enrich the wealthy need to be changed. Tax revenue needs to be focused on America’s economic transition from a disposable manufacturing economy to service and ecological preservation industries.

The hope for GDP growth in America’s future depends on a change in economic direction.

America’s next President needs to forcefully change the economic direction of America in the same way Timothy Egan shows Franklin Roosevelt and the Secretary of Agriculture, Henry Wallace, did during the Dust Bowl and Depression era. The reversal of Trump’s mistakes will take more than one four-year-term for correction, but the next election needs to set a different course for the American economy.

VICE PRESIDENTS

Harris’s tough mindedness and potential are well illustrated in “107 Days”. America is ready for a woman to be President, but Ms. Harris may have too much baggage to be a successful candidate for President in 2028.

Books of Interest
 Website: chetyarbrough.blog

107 DAYS

Author: Kamala Harris

Narration by: Kamala Harris

Kamala Harris (Author, former V.P. of the United States and former California attorney general.)

The obvious message of Kamala Harris’s book “107 Days” is that the Democratic Party lost the presidency because of the compressed time for Harris to mount her campaign. There are many reasons noted for Harris’s failure to get elected as President of the United States. She notes Biden’s weak candidacy, party disorganization, misinformation and disinformation, foreign policy controversies and protests, polarization and turnout problems, and cultural/generational messaging gaps. “107 Days” is a well written and narrated story of the difficulties that Harris had in her political race against Donald Trump. Her book is a compelling argument. However, it seems her most likely cause of defeat is time.

Donald Trump (President of the U.S., politician, media personality, born into a wealthy New York City family, has a B.A. in Economics from University of Pennsylvania.)

Retrospectively, Harris’s story makes many think she would have been a better President than Donald Trump. The story of her book reinforces that belief. However, that is misleading in the sense that Harris is faced with two burdens that are difficult, if not impossible, to overcome. One, America has never had a woman President and two, Harris is too closely associated with the administrations cover-up of Biden’s intellectual decline. There are many causes one can give to understand why Harris is defeated but time to know who she is seems the most crucial.

Vice President Harry Truman became President with the death of Franklin Roosevelt.

It seems most Vice Presidents of the United States are viewed as figure heads or pawns to increase votes for the person who is running for President. The duties of a Vice President today seem more like “gopher” jobs that give little visibility to the character of the person chosen to be Vice President. Only when that person becomes President, does the world find out who the Vice President is and what capabilities he (before Harris, they were all men) brings to the office. (For example, Trump’s successor, if it was his V.P., is unknown and unpredictable.) Harry Truman, retrospectively, is one of the great Presidents of the United States but no one thought a part owner and proprietor of a grocery store could be a competent President of the United States.

Five V.P.’s in history became Presidents of the United States.

Though there have been several Vice Presidents (John Adams, Thomas Jefferson, Martin Van Buren, Richard Nixon, and Biden) who have successfully become Presidents of the United States their election was determined by campaigning. Regardless of whether time was the determining factor in Harris’s loss of the Presidency, her book shows she has the intelligence and ability to be America’s President. What that means to her and the future of America is unknown. One presumes Harris will consider running for President, but one suspects the burden of her loss to Trump is likely to diminish her chance of getting enough political support for her candidacy.

Presidents of the United States.

Harris’s tough mindedness and potential are well illustrated in “107 Days”. America is ready for a woman to be President, but Ms. Harris may have too much baggage to be a successful candidate for President in 2028.

MANAGEMENT

“Radical Candor” about a creative idea can discourage employee creativity. Scott’s counsel on building trust is her magic potion, but potions can kill as well as heal.

Books of Interest
 Website: chetyarbrough.blog

Radical Candor (Be a Kick-Ass Boss Without Losing Your Humanity)

Author: Kim Scott

Narrated By:  Kim Scott

Kim Scott (Author, former executive at Apple and Google, coach for tech companies like Dropbox and Twitter)

The agricultural revolution dates back to 10,000 BCE, 1760 marks the beginning of the industrial revolution, the 1950s evolves into an age of expertise and work knowledge with computerization, in the 1990s connectivity and automation begins the information age. Today, Kim Scott addresses the 2020s along with the advent of artificial intelligence. Beginning when the industrial revolution takes hold, organization management evolves into a social science. In the industrial age training changes from demonstrating how to make things to managing people’s work in making things. Jumping to the Information Age managers of people become ringmasters for employee’s creativity.

Despite many changes in purpose for organizations a common thread is managerial skill which entails political and personal skills. Managers pursue understanding, influence, ability, and sincerity of purpose to elicit and manage human creativity.

Scott outlines management skills in “Radical Candor”. Her book is a useful tool for aspiring managers. Even reaching back to the agricultural age, there is relevance in Scott’s belief in “Radical Candor”. She defines radical candor as “Caring personally while challenging (organization employees) directly.” By personally caring, Scott explains good managers must gain the trust of people who report to them. My personal experience as a former manager in different careers shows that no manager knows everything about the company or organization they manage. The one thing a good manager must know is how to develop trust with people who report to her or him. Without trust between managers and workers, organizations are likely to fail.

Trust between managers and employees is even more true today because worker’ creativity drives technological invention and utility.

Being vulnerable by understanding you know nothing about people you manage is the starting point of your role as a manager. Scott explains the first thing a new manager must do is personally meet with each direct report to hear what they do for the organization, what they like and dislike about what they do, and what obstacles get in their way that impede accomplishment. The two-fold purpose of these meetings is first to listen, not judge or criticize what is being reported. The second is to build trust.

(I believe A.I. will always be a technological tool, not a controller, of society, contrary to those who believe human existence will be erased by machines. As a technological tool of humanity, the creativity of human minds is at the frontier of management change.)

Scott explains how important it is to let employees know their manager is interested in an employee’s goals and growth in an organization.

A manager must be both physically and emotionally present when building trust with an employee. There is a need for a manager to explain one’s own vulnerability and responsibility in managing others. Scott’s point is that gaining trust of an employee requires more than knowing their birthday. A good manager will ask for feedback about what an employee is doing and what support a manager can offer to improve their performance. A manager should be curious, not furious when things are not going well. It is important that a sense of respect be given for an employee’s effort to get their job done. With development of respect, it becomes possible to use radical candor to constructively criticize or complement an employees’ performance.

Scott notes there are many reasons for an employee’s failure to perform beyond expectations.

Those reasons include incompetence but also the failure of management to have a clear understanding of an employees’ strengths and weaknesses. Through development of trust between manager and employee, a different job may be in order. With reassignment and a performance plan, a manager may be able to tap a human resource that has been wasted. The performance plan is instituted with “Radical Candor” and offers either opportunity or, if performance improvement fails, dismissal.

Every organization has distinctive operational idiosyncrasies that a manager may not precisely understand.

This has always been true. It is even more true in the tech age because project uniqueness and employee creativity is more difficult to measure and manage. Kim Scott has worked with the most iconic tech companies of modern times, e.g. Apple, Google, Twitter. There are a number of anecdotes about famous tech giants and officers of Facebook, Apple, and Google, like Sandberg, Cook, and Page. Kim has also started her own businesses, some of which failed, and others that prospered. Her experience offers credibility to her arguments.

From personal experience as a manager of others, no manager ever knows all there is to know.

As Scott notes, this is not to say that geniuses like Steve Jobs did not know more than his Apple employees, but the iPhone idea came from a group of employees before approaching Jobs with a clunky mock-up of the idea. Jobs had a reputation for being a tough audience for people with creative ideas. This is the reason Kim Scott explains trust must be created between manager and employee so that candor about needs and expectations can be usefully employed to improve probability of personal and organizational success.

One takes Kim Scott’s counsel on “Radical Candor” with some reservation because misused “Radical Candor” about a creative idea can discourage employee creativity. Scott’s counsel on building trust is her magic potion, but potions can kill as well as heal.