Thursday, July 31, 2008

Rather, the myth of the great man

The Great Man: A Novel The Great Man: A Novel by Kate Christensen


My review


Rating: 4 of 5 stars

This novel is not about a great man at all, but the strong, unique and falliable women who surrounded a celebrated but morally weak artist in his life.



After the artist's death, his sister, his wife, his mistress, his grown daughters and his mistress's best friend are reminded of their time with him through the eyes of two biographers writing about him.



Sometimes comical, often biting, The Great Man gives us female protagonists who are grandmothers, or old enough to be grandmothers. And their voices are anything but tedious.


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Monday, July 7, 2008

Book: Whatever makes you happy should be a line item in your personal budget


Reviewed: “The True Cost of Happiness,” by Stacey Tisdale and Paula Boyer Kennedy, Wiley, 2007, $24.95, 288 pages.


How your parents handled money influences the way you handle your finances, according to “The True Cost of Happiness,” a book co-authored by business journalist Stacey Tisdale and financial planner Paula Boyer Kennedy.


Readers are encouraged to take a look at the role family dynamics play in their financial behavior.“I’m talking about the ways in which the first lessons we learned about money as children affect our decision about making and spending it as adults,” writes Tisdale, who penned the first half of the book, which focuses on self-awareness.


In my family, my father managed the money. My mom took care of the house and three kids. The bills and the bank account were the man’s job. When my father died at age 58, losing a 13-year battle with cancer, my mother was thrust into a position of total financial responsibility — a role no one had prepared her for. When my mom was growing up, her father took care of the household finances. She learned at an early age that money was the man’s job. And that was the norm of the time, and it worked out OK for my mom. Until circumstances in her adult life necessitated a crash-course in paying bills.


Learned financial behaviors are what Tisdale and Boyer Kennedy call “money scripts.” Leaving room for you to write down your thoughts, they ask you to explore your own “money scripts” learned in childhood, and look at how they play a part in your financial attitudes as an adult.“Think about those money scripts that are limiting you. Imagine your life without those messages. How would your actions be different?” the authors write.


If your behavior isn’t leading you to your financial goals, then you need to take a new tack, they say. They walk you through ways to make those changes. One fun exercise, that I’m sure each of us has indulged in some variation, is:

•Imagine that you have all the money you will ever need. Decide what you would do with it, your life and your time.

•Next, change that picture. Now you only have 5 to 10 years to live. How will you change your life? What will you do with the time you have left?

•Lastly, imagine the changes you’ll wish you had made if you only have 24 hours to live.“The question is not what you would do with the time you have left, but what are your regrets?” the authors ask. That last scenario, they say, “cuts deepest of all. It becomes clear which issues in life are superficial and which are central. Sometimes this exercise delivers a … longing or wish that has never before surfaced.” It’s a thought-provoking way of getting to your big picture goals.


For instance, I have a desire to travel, but I feel like with my current monthly bills (mortgage!) I don’t have enough money to go anywhere. Per the authors’ advice, I can afford a trip to, say, Italy, if I make a budget and start setting aside a small sum every month.


Those who dislike the “getting in touch with your financial feelings” part of the book may be more comfortable with the second half of the book, which focuses on numbers. Basically, it tells you how to make a budget — something a lot of people simply don’t do. “We think having to literally face your values and your barriers each time you look at your finances will be an important factor in keeping your financial decisions aligned with your priorities,“ writes Boyer Kennedy, who handles the numbers-focused latter half of the book.


In other words, make a budget and stick to it and you may be able to save some money for a trip abroad … or retirement!


While the authors offer some very sound, practical advice, they also suggest that readers visit a financial planning professional to help you figure it all out.“The True Cost of Happiness” helps readers to determine why they spend/save as they do and what they could do better to meet certain goals.


Michelle Karas is The Mercury’s business editor.

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Tuesday, March 11, 2008

Book’s tips show how a hello and a handshake can further your career




Reviewed: “New Rules @ Work: 79 Etiquette Tips, Tools and Techniques to Get Ahead and Stay Ahead,” by Barbara Pachter with Ellen Schneid Coleman, Prentice Hall Press, 2006, $13.95, paperback, 258 pages.

Author Barbara Pachter says it’s a good strategy, at a business event where alcohol is served, to order a drink you don’t much like and slowly sip it to make sure you don’t overindulge.
I (sort of) put this theory to the test at a recent after-hours networking event, when the bar had run out of the red wine or beer I would have preferred, and I had to drink (gasp!) light beer. But I don’t think that was exactly what Pachter was getting at. When the drinks are free, I’m not all that picky.
Pachter, author of numerous business books including “New Rules @ Work: 79 Etiquette Tips, Tool, and Techniques to Get Ahead and Stay Ahead,” states that when drinking alcohol in social/business situations, “Have a good time but…don’t forget your behavior always matters. Just because you are out of the office doesn’t mean that your behavior doesn’t count.
“Many workplaces don’t have a lot of rules — or may not enforce a lot of rules — when it comes to etiquette, or prescribed conduct, in or out of the office. “New Rules @ Work,” is practical and helpful in filling in the blanks.
Take the case of professional attire:Years ago, I was a contractor at a mutual funds company. Proper professional attire that included suits with conservative skirt lengths and certain types of shoes (no open toes, sneakers or clogs) worn with “proper hosiery” was required.
A lot of companies, however, opt for a “business casual” dress code. And in the heat and humidity of summer, those already casual rules may become even more relaxed, according to Pachter.
However, the author states, warmer weather doesn’t mean you can suddenly wear tiny skirts, skimpy tops or otherwise inappropriate clothing to your job.
“Sexy is not a corporate look,” warns Pachter.
She suggests, “If your company does not have a written policy, look at what other people wear, especially the more senior people, the more successful ones. They are often good role models.”
There’s also a chapter devoted to “e-mail embarrassments.”
“Of course, it is inappropriate to say negative things to coworkers about colleagues — past or present — whatever technology you are using. However, the risks multiply when you use e-mail,” Pachter writes.
Many of us have been on the receiving end of an inappropriate e-mail that was erroneously sent to “reply all” instead of just to the sender. Pachter advises avoiding potentially embarrassing e-mail situations by beginning a fresh e-mail rather than replying in the heat of the moment.
A chapter I found particularly helpful discussed handshakes.“You should be certain to shake hands when you: Greet someone with more than just a hello and when you say goodbye; are introduced to someone; are visited in your office by someone from outside the company — for example, a customer, client or vendor; encounter a business colleague outside the office; or feel it is appropriate.”
There are times when I first meet someone in a professional capacity and that person does not extend their hand for a handshake. It’s sometimes awkward and feels like a rejection. What I learned from Pachter’s book is that I, as a woman, should not hesitate to extend my hand first — something that I realized that I do sometimes hesitate to do.
The proper etiquette is that “a man should wait for a woman to extend her hand.” Also: “The higher-ranking person should extend his or her hand first.”
Another chapter I found interesting discussed saying hello to people at work. It sounds simple enough — greeting those you see every day or even returning a hello — but not everybody does it, according to Pachter.
“You would not believe how many people tell me they are frequently ignored when they say hello to colleagues they encounter in hallways, elevators, cafeterias and elsewhere in the office,” she writes.
Her guideline: “If you make eye contact with someone who is within 10 feet of you, you must acknowledge the person with a nod or a smile. At five feet you must say something: ‘Hello,’ or ‘Good morning’ will suffice.”
Even a simple greeting can make your boss, coworker or client feel a connection. Like Pachter’s other tips, this one might just help you “get ahead and stay ahead.”

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Monday, February 4, 2008

‘12-step program’ pragmatic way to assess your career


Reviewed: “Stepping Up: 12 Ways to Rev Up, Revitalize, or Renew Your Career,” by S. Gary Snodgrass, Greenleaf Book Group Press, 2007, 87 pages, $13.95

When I have a big decision to make, I consult my personal short list of advisers: My mom, my sister and my best friend. The list widens the bigger the decision is, but those are my “Top 3.”
In career matters, however, sometimes what you really need is more objective advice. That’s where sources like “Stepping Up: 12 Ways to Rev Up, Revitalize, or Renew Your Career,” by S. Gary Snodgrass, come in.
This 87-page book, written by a human resources professional with 35 years of experience, offers a pragmatic approach to career moves.
Snodgrass’ resume includes 10 years as chief human resources officer for Chicago-based Exelon Corp., parent company of Exelon Nuclear, operator of the Limerick Generating Station in our own backyard. At Exelon, one of the nation’s largest energy companies with a work force of roughly 17,000, he led the corporation’s human resources, diversity, labor and employee relations and security functions. He is also the author of a previous book, “When Your Career Means Business.”
By its title alone, “Stepping Up: 12 Ways to Rev Up, Revitalize, or Renew Your Career,“ seemed like it might be an interesting and quick little read. And who doesn’t want to “rev up” their career?
I was a little taken aback, however, when I visited the author’s Web site (www.sgarysnodgrass.com), to find that he titles himself “Thought Leader and Consultant.”
Thought leader? I’m going to let that one pass.
The suggestions offered by Snodgrass could apply to those in their first “real job” as well as seasoned professionals.
“If you are searching for a new position or career, you should pursue an environment where the best employees are recognized and valued. It should be an organization that provides career growth, lifelong learning, and development opportunities. You also want meaningful work, an opportunity to contribute, and an environment that prizes new ideas and fresh perspectives,” Snodgrass writes.
He claims these types of organizations “abound.” (Well, perhaps they’re out there, anyhow.)
Snodgrass proposes taking control of your career path rather than simply going with the flow and letting it happen.
For example, in Guideline 5 — Evaluate Your Career Turning Points, Snodgrass states while a turning point can be something dramatic, such as marriage or a promotion, sometimes it will be “less obvious.”
“You may be disenchanted, or know in your gut that you’re not having fun any longer in your current position, place of employment, or even career field,” he writes.
Those are instances we should view “as a valuable opportunity for recharting the course” of our professional and personal lives, Snodgrass says.
And turning points, according to Snodgrass, are events we should embrace.
“If a turning point doesn’t come along, schedule one, and then reevaluate to determine your next step. For example, choose a memorable date such as your birthday or the anniversary of your employment to evaluate your work situation,” he writes.
In one of the book’s illustrative case studies, Snodgrass spotlights how John Mackey, founder and CEO of Whole Foods, knew he would have to compromise his once small vegetarian business and sell animal products in order to grow. Mackey decided to introduce humane animal-treatment standards and also placed a cap on executive compensation. His willingness to change his mindset ultimately helped to make “organic” a household word.
Each chapter has a similar nugget of wisdom for you to apply to your own work situation, with the goal of allowing you to “evolve to your highest level” at work as well as finding the organization that’s going to help take you there.

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Friday, January 25, 2008

Buying this book won't solve your debt issues


Reviewed: “Debt is Slavery: and 9 Other Things I Wish My Dad Had Taught Me About Money,” by Michael Mihalik, October Mist Publishing, 2007, $14.95, 128 pages.

Michael Mihalik was inspired to write this little book because of his own struggles with debt after college.
Mihalik, an aerospace engineer when not penning books, proudly mentions several times throughout “Debt is Slavery” that he has overcome his early credit card debt and is so financially savvy now he was able to take six whole weeks off in order to write his book. Six whole weeks.
This is where I think to myself that I or pretty much anyone who can put pen to paper might be able to come up with 128 pages on any topic if given a month and a half.
When it comes down to it, I don’t think Mihalik’s experience overcoming his debt is anything remarkable. He overextended himself with credit cards while in college and it took a while for him to bail himself out. Well done, Mr. Mihalik, but I also learned that “easy credit” lesson the hard way. So did a few others I know.
While sound, Mihalik’s pointers to overcome your debt are far too general, to the tune of: Don’t buy things you don’t need. Um, OK.
“I came up with 10 basic ideas and rules about money that allowed me to gain control of my finances and pay off my debt,” Mihalik states. “They literally transformed my life.”
Mihalik was 13 when his father died, and the premise of the book is that Mihalik had to come up with his own rules for money because his dad never had the chance to teach him.
“That’s not the easiest way to learn. I wish someone had just taught me the rules, but fate had other plans for me,” he writes. “If you’re drowning in debt, if it seems like you’ll never get ahead financially, or if you’re forced to work at a job you dislike to pay the bills, this book has something for you.”
Something, yes. Something in the way of very general advice.
(Specific financial advice, let it be noted, should come from a financial services professional).
The author says that when he got out of college, armed with his engineering degree and several pre-approved credit cards, he soon found himself in roughly $20,000 of debt and living beyond his means. At the time, Mihalik said he searched for a self-help book but could find none that were short and to the point. There, his idea for this book was born.
“After I eliminated my debt and gained control of my finances, I wanted to help other people do the same, so I decided to write the book I wish had been available to me,” he writes.
It took Mihalik one “hellish year” to get out of debt, he says.
The core lessons of the book are sound: Debt is bad. Try not to get into it. Possessions won’t bring you happiness, so stop buying them. Find work you enjoy, and you’ll be happier. Don’t just save, invest in “income-producing assets.” Spend less than you earn.
Are these suggestions bad advice? Not at all. Did I need to read this book to learn them? Not at all.
The one piece of advice that piqued my interest was the chapter — I mean the three whole pages — on how to save 50 percent of your salary.
“If you save 50 percent of your salary, for every month you work, you will save enough to take a month off — without changing your lifestyle,” Mihalik writes.
Hmmm. Saving half my salary. I don’t think that’s even possible.
But Mihalik anticipates this reaction, and advises trying for a 33 or 25 percent total savings — over and above the maximum 401k plan contributions you can make at work, that is.
To save this quarter of your salary, you have to make a budget, he says.
I agree — making a budget is a great idea for anyone who has any debt at all. It helps you see where your money goes.
Additionally, Mihalik advises, you should budget for savings, trips and special purchases. Yes, all good ideas, but still super-simplified and general.
My advice is to save the money you would spend on this book and add it to your savings.

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'Miserable' doesn't describe this book


Reviewed: “The Three Signs of a Miserable Job: A Fable for Managers (and their employees),” by Patrick Lencioni, Jossey-Bass, an imprint of Wiley, 2007, $24.95

When I received a review copy of “The Three Signs of a Miserable Job” at my office, I was intrigued enough by the title to take it home with me and let it set up shop on my nightstand. That night, as I flipped through and saw that it was written as a fable rather than in a stodgy, “business-y” kind of way, I started reading.
I was quite surprised, a couple of bleary-eyed hours later, to find that I had torn through half of the 272-page book in one night. Yes, that’s right, I tore through a business book.
Because author and business consultant Patrick Lencioni wrote the book as a fable (a story about a regular guy and his career), it’s easy for anyone to read and understand (you don’t need to be an executive or have an MBA). Anyone who’s been a manager or who has been managed, or mismanaged as the case may be, will enjoy the tale of the fictional character Brian Bailey’s career.
Owner of a management consulting business and author of New York Times bestseller “The Five Dysfunctions of a Team,” Lencioni relates the tale of the likable self-made Bailey, who goes from CEO of a fitness company to manager of a pizza shop in a matter of months. He finds that his theory of management, that managers can make a difference in how employees feel about their work, applies at both corporate and the small business levels.
A miserable job, according to Lencioni, differs from a bad job, which is in the “eye of the beholder,” because it’s “one that makes a person cynical and frustrated and demoralized when they go home at night. It drains them of their energy, their enthusiasm and their self-esteem. Miserable jobs can be found in every industry and at every level.”
In fact, studies have shown job dissatisfaction rates as high as 77 percent. Perhaps that’s part of the reason why Lencioni’s book quickly made the New York Times, Wall Street Journal, and BusinessWeek bestseller lists after being released in August 2007.
“Even employees who are well paid, do interesting work and have great autonomy cannot feel fulfilled in a job if their managers are not providing them with what they need on a daily or weekly basis,” he said.
Lencioni’s “three signs” of a miserable job — irrelevance, immeasurement and anonymity — aren’t in themselves compelling, but illustrated with examples over the course of one man’s career, they come alive. Anonymity, he says, is the feeling an employee has when they discover their manager doesn’t relate to them as a human being and has no interest in knowing them on other levels. Irrelevance, according to Lencioni, is avoided by taking the time to help people understand that their jobs matter to someone. Immeasurement, Lencioni said, is when employees don’t know how to gauge their progress in their daily tasks.
“Basically, a job is bound to be miserable if it doesn’t involve measurement,” Lencioni writes. “I’m not talking about feedback from a person, like an attaboy or attagirl. That’s something else. I’m talking about objective evidence that tells you you’re doing something right. Even supposedly exciting jobs get old when you’re doing something right.”
This book is interesting and thought-provoking — it makes you think about your own work situation, be it good or bad. It makes you think about how the way you’re managed affects the way you feel fulfilled — or unfulfilled — by what you do.
If you are a manager, the book might make you think about what you can do to motivate your employees, and to ultimately help your business.
“Most people really do want to be good managers,” Lencioni states. “By helping people find fulfillment in their work, and helping them succeed in whatever they’re doing, a manager can have a profound impact on the emotional, financial, physical and spiritual health of workers and their families.”
If anything, the book encourages you to take a look at your relationships at work. It brings to mind past relationships with bosses or employees that didn’t quite work, and offers a stab at why that was. This quick read is relevant to anyone who works, be that a cashier in a retail store or a corporate bigshot.

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