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Carlos Tavares and the contrast with Fiat Sergio Marchionne, Tesla Elon Musk- the need today for new role models for health and worklife balance, respect for dignity of workern
02/05/2024
Carlos Tavares, CEO of Stellantis that brings together Fiat, Chrysler and Peugeot, as shown in a WSJ report, respects workers right to have a weekend free of email requests to recharge their batteries for the new week starting Mondays. Tavares sees great value in worklife balance, respect for dignity and health of workers. He believes this delivers productive work better than alternatives such as that under Sergio Marchionne the Fiat leader running Chrysler who worked constantly, with excessively long hours, unending travel and smoking incessantly say reports, that took its toll on health- setting a poor role model for managing business and for the younger generation. A similar situation is presented by Mr. Musk compared to Mr. Tavares. Striking is the respect for the dignity of workers that comes with respecting worklife balance. This was a major issue in this years UAW negotiations. Leaders from Scholz in Germany and Biden in US, Modi in India, have called for respect for dignity of work and workers as the kind of society we want to build and we want to live in. The founder of Silicon Valley Andy Grove who founded Intel that powers the chips on every laptop always reminded his readers this is the kind of society he wanted to live in.
Linked Articles
Elon Musk Says Donald Trump Should ‘Sail Into the Sunset’ in Latest Spat
WSJ 07/12/2022
WSJ News Exclusive | The Money and Drugs That Tie Elon Musk to Some Tesla DirectorsWSJ 02/04/2024
America has forgotten it is American workers who built America
09/28/2023
American workers built the middle class and American workers built America with its factories. Biden joins a picket line at at GM plant in Beleville, Michigan, saying this with a bull horn. Shawn Fain directly elected by autoworkers says workers not billionaires run America. This happens as the UAW union rejects tiered wages. Entry level tier wages of younger workers at $17 an hour or $34,000 a year is below the Federal Poverty Level of $35000-$40000 for families with children. It would be seen as outrageous by both Lincoln and TR-FDR in a country where the Constitution starts with the line "We the People. Workers are forgotten in a world that is only waking up to this in 2024.
Linked Articles
Biden Joins Autoworkers on Picket Line in Michigan
NYTimes.com 09/27/2023
Trump’s pitch for autoworker votes in car heartland is short on autoworkersThe Guardian 09/28/2023
How Carlos Tavares is setting the way for remote workers in an hybrid work model to disconnect during the day and on weekends
07/08/2022
Carlos Tavares heads a auto company that has 75,000 employees across the US, Europe, Asia and Latin America and plans 75 new electric car models by 2030. He favors a hybrid work model and works one week a month from his home in Lisbon, Portugal. He works Portuguese time 7am to 4 or 5 pm when he disconnects from the workday by taking a one hour walk. Germans call this practice "feierabend" literally to break away from work to revitalize and get fresh by say taking a bike ride through the woods or in a park. Tavares does not call or email employees on the weekend, and believes to be in game shape on Monday one needs to disconnect on the weekends.
Linked Articles
Right to disconnect is vital for future health of home workers
04/23/2021
This Auto CEO Won’t Put Remote Work in ReverseWSJ 07/08/2022
Germany sayings around running and practices such as "Feierabend" for healthy living during the pandemic
02/01/2021
Deutsche Welle gives pictures and sayings around the theme of running for practicing good mental health during the pandemic. The German practice of "Feierabend" is about breaking the workday and taking up something else such as running, biking or something relaxing. Overworking and irregular hours are two dangers to avoid during the pandemic.
Linked Articles
German expressions to get you 'running' | DW | 27.01.2021
DW.COM 01/27/2021
How 'Feierabend' helps Germans disconnect from the workdayBBC News 07/12/2022
Chancellor Merkel and the events at Budapest Kelesti Station in early Sept 2015 that gave the German government only a few hours to act
09/21/2016
Linked Articles
What happens next | ZEIT ONLINE
ZEIT ONLINE 08/30/2016
Merkel Accepts Responsibility for Party’s Losses in Berlin ElectionThe New York Times 09/19/2016
Faces of workers quitting work or reducing hours as they qualify for subsidies on health insurance under the Obama Healthcare Law
02/05/2014
Faces of the workers taking subsidies available to lower income workers under the Obama Health Care Law. The Congressional Budget Office projections for 2021 show about the equivalent of 2.3 million workers worth of hours reduced as a result of the healthcare law subsidies giving workers more choice. Many use the time to work on startup business or child care for grandchildren. The jobs freed up and the hours could be taken up by other workers looking for jobs. Gains in childcare would be another result.
Linked Articles
Health Law To Cut Into Labor Force
Wall Street Journal 02/05/2014
They quit their jobs, thanks to the health law - The Washington PostWashington Post 02/09/2014
America's finest hour (2)- ambassador Christopher Stevens bringing a voice to the powerless in the Middle East
09/15/2012
Linked Articles
An American Ambassador Who Plunged Into Arab Life
New York Times 09/15/2012
Ambassador, Fluent in Arabic, Built Career in Middle EastWall Street Journal 10/01/2012
A consensus in Germany and France for improving France's competitiveness
05/01/2012
A consensus between Germany and France for slightly higher inflation in Germany, increase in German worker's wages, and wage restraint by unions in France in return for avoiding layoffs. This is a way to restore competitiveness of France after the balance was upset when German workers exercized wage restraint during the last decade, leading to France becoming less competitive with higher wages relative to Germany. Hourly wages in France estimated at 34 euros are 14% higher than in Germany.
Linked Articles
Europe Moving Toward Small Steps to Promote Growth
New York Times 05/10/2012
France Moves to Make Labor More FlexibleWall Street Journal 05/01/2012
Michael Gerson was with Condoleeza Rice in a rare meeting in Cairo, Egypt, in June 2005, to support democratic voices.
02/01/2011
The meeting set up in a conference room in Cairo, Egypt, had 9 opposition figures, including Ayman Nour, a presidential candidate.
Linked Articles
Condoleezza Rice - The future of a democratic Egypt
Washington Post 02/16/2011
Michael Gerson - Arabs' urge for self-government shouldn't be a surpriseWashington Post 02/01/2011
Pressure tests that should raise alarms were ignored by BP before the oil leak.
05/13/2010
BP and Transocean ignored the results of tests that showed something was wrong and a gaseous mixture was entering the well. This was hours before the explosion that destroyed the oil rig and created a massive oil leak in the Gulf of Mexico.
Linked Articles
Red Flags Were Ignored Aboard Doomed Rig
Wall Street Journal 05/13/2010
BP's Hayward Says Company Could Have Done More Disaster PreparationWall Street Journal 05/13/2010
With American households working down debt of 130% of disposable income a consumer led recovery is unlikely.
04/23/2009
The debt load for American households is close to the total output of the American economy in 2008. The disappearance of easy credit, the rising unemployment, and reduced hours of work, and lower or stagnant wage levels, are serious constraints to consumer spending.
Linked Articles
Economist 04/23/2009
On Borrowed Time: Consumer-Led RecoveryWall Street Journal 06/10/2009
Labor costs in China, Ireland, and newly emerging countries.
03/27/2008
How the foreign investment model for countries that attracted Foreign Investment with lower wages is changing and the differentials with the US are closing, Irish hourly pay higher than US hourly pay.
Linked Articles
Ireland: The End of the Miracle
BusinessWeek 03/27/2008
China's Factory BluesBusinessWeek 03/27/2008
A parting of ways with Mr. Trump- Mr. Trump's Attorney General Barr followed by VP Mike Pence and now Joint Chief chairman Gen. Milley
09/30/2023
All three of the senior most members of Trump's administration make a parting of ways with Mr. Trump when it comes to the Constitution of the United States of America, free and fair elections, the separation of powers between Congress the Executive branch and the Judiciary, and the smooth transfer of power every four years to a newly elected government, with all 435 members of Congress elected every 2 years, checks and balances put in place by the framers of the US Constitution including Jefferson and Madison to protect Democratic form of government enshrined in the words "We the People.."
Linked Articles
Gen. Mark Milley Warns of Fealty to Dictators, in Exit Speech Aimed at Trump
WSJ 09/29/2023
Opinion | General Milley and the ‘Wannabe Dictator’WSJ 09/29/2023
Try hard but not too hard-cutting yourself some slack improves health and concentration, the Andy Grove principle for slack in your work routine reinforces this
09/15/2023
People forget that this applies to sports athletes and high achieving people. Andy Grove, founder of Intel and of Silicon Valley, believed in keeping some slack in his work routine and schedule. He left Hungary in 1956 after the Hungarian revolution and Russian invasion as a refugee, and graduated first in his class in the City College of New York in chemical engineering 3 years later. In 3 more years he obtained a PhD from UC Berkeley. In his book Output Management he says productive arrangement is one that keeps slack in the way that highway planners know that having too many cars compared to capacity means everything comes to a halt. In his daily work he always believed in having some slack. Today people pile on work upon work forgetting these basic principles. The other principle is leveraging of activities which is where the output comes from. To leverage effectively concentration of mind is needed and a chance to reflect and think, which requires slack and slack that adds additional time for healthy living that aids mindfulness. This adds to Motivation and Training which Grove says affect Output. To do this requires some slack to think and reflect and healthy lifestyles that power this process. This is also why the competing styles today show contrasts between those of Boeing's top managers and Stellantis managers similar to Grove and Musk's style for Tesla also shown in WSJ in the last few months being just the opposite.
Linked Articles
Burnt-out from work? Try following Hugh Jackman’s 85% rule
The Guardian 09/15/2023
Try Hard, but Not That Hard. 85% Is the Magic Number for Productivity.WSJ 09/11/2023
German policy under four term chancellor Angela Merkel that emboldened Russia to invade Ukraine
04/11/2022
Linked Articles
‘Wrong about Putin’: Did Germany and France turn a blind eye to the threat from Russia?
France 24 04/10/2022
Vladimir Putin’s 20-Year March to War in Ukraine—and How the West Mishandled ItWSJ 04/01/2022
Anti-age your immune system and protect against the coronavirus
11/30/2020
Linked Articles
Anti-age your immune system — here’s how to turn back the clock
The Times 11/04/2020
Super bubbles and exercise tips to keep elderly well this winterThe Times 11/10/2020
A Cuba stuck in the 1950's with little sign of change- NYT reporter Neuman's 17 hour road trip and president Obama's observations of the visit
01/06/2015
Linked Articles
On the Open Road, Signs of a Changing Cuba
New York Times 01/06/2015
Along With President Obama, the 21st Century Visited CubaNew York Times 03/27/2016
America's finest hour bringing a voice to the powerless (1)- ambassador Christopher Stevens in Libya and journalist John Foley in Iraq-Syria
09/15/2012
Linked Articles
In Fear and Violence, Slain U.S. Journalist Found Humanity
Wall Street Journal 08/21/2014
An American Ambassador Who Plunged Into Arab LifeNew York Times 09/15/2012
Four Rules for Tackling the Economic Crisis and how actions by Britain and France differ from Spain
06/01/2012
Linked Articles
France Raises Taxes in Tough Budget
Wall Street Journal 09/28/2012
Bank-Bailout LessonsWall Street Journal 06/01/2012
Wage hikes and excess demand for labor in China in 2012-2013 reduce the need for Stimulus
03/14/2012
The need for stimulus to keep jobs for migrant workers and maintain social stability does not exist in 2012 the way it appeared in 2008, when about 20% of migrant workers lost their jobs and wages for migrant workers fell by 10%, according to estimates by the Chinese Academy of Sciences and Stanford University. In 2012 there is excess demand for labor and reports show the efforts to reduce the 60 hour work week in some factories is running into problems with a shortage of labor. This means less need for stimulus that would aggravate problems in the housing bubble and inflation.
Linked Articles
China's Workers in No Need of Stimulation
Wall Street Journal 06/04/2012
China's Wage Hikes Ripple Across AsiaWall Street Journal 03/14/2012
David Stockman says Republicans have given up their role in doing financially responsible budgeting for decades.
07/11/2010
The budget deficits, Reagan's Budget director says, developed to this point after decades of irresponsivble budget behaviour that has lasted gone on for four decades. He says the Greece style deficit of 120% of GDP for the USA by 2015 calls for austerity.
Linked Articles
Four Deformations of the Apocalypse
New York Times 07/31/2010
Crisis Awaits Worldâs Banks as Trillions Come DueNew York Times 07/11/2010
Hope and reality in Nigeria (2)- President Goodluck Jonathan 2011-2015, and President Muhammadu Buhari 2015-2019
02/20/2010
The hope of so many young Nigerians rest on Buhari getting things right and restoring confidence in government and the management of the economy after four years of the Jonathan adminsitration.
Linked Articles
Muhammadu Buhari Defeats Goodluck Jonathan in Nigeria Election
Wall Street Journal 04/01/2015
An Accidental Leader Stirs Hopes in NigeriaNew York Times 02/20/2010
Are the old faces that got the USA and Europe into this financial crisis, now the new faces trying to fix it?
01/15/2009
Schapiro and Khuzami, the new faces at the SEC as chief and enforcement director, are the old faces at FINRA which took ahands off view of self regulation of the financial industry and the old faces at Deuteche BAnk as inhouse lawyer. Sir James Crosby, the head of HBOS bank in the UK which needed $17 billion f government money in 2008, was made Deputy chairman of the Financial Services Authority in 2006, Britain's main regulator. He reisgned hours before a stormy session in the House of Commons which embarrassed Prime Minister Brown after some revelations about Crosby,s role in the mess.
Linked Articles
Obama's Pick to Head SEC Has Record Of Being a Regulator With a Light Touch
Wall Street Journal 01/15/2009
British Regulator Quits as Accusations Mount in Banking CrisisNew York Times 02/12/2009
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