Showing posts with label food for thought. Show all posts
Showing posts with label food for thought. Show all posts

Saturday, March 9, 2024

Ted Lassos and Leadership

I have watched the TV series Ted Lasso and was intrigued when I came across a list of 13 Leadership lessons from the series. I thought about it and thought some more and then added to and fine-tuned the list. So, here is my expanded list of leadership qualities inspired by Ted Lasso's TV series:

  1. Be Sincere: Authenticity and sincerity build trust and foster genuine connections with others.
  2. Stay Teachable: A willingness to learn and adapt keeps leaders open-minded, innovative, and continuously improving.
  3. See Good in Others: Recognizing and highlighting the strengths and positive qualities of team members fosters a positive and collaborative work environment.
  4. Happiness is a Choice: Encouraging a positive mindset and promoting a joyful atmosphere can enhance team morale and productivity.
  5. Winning is an Attitude: Cultivating a winning mentality involves instilling confidence, determination, and a focus on achieving goals.
  6. Have Confidence in Yourself: Self-assurance inspires confidence in others, fostering a sense of security and stability within the team.
  7. Optimists Take More Chances: Encouraging optimism promotes risk-taking and innovation, key elements of growth and success.
  8. Everyone Differs from Everyone Else: Embracing diversity and recognizing the unique strengths of individuals contributes to a well-rounded and dynamic team.
  9. Courage is the Willingness to Attempt: Taking bold and calculated risks, even in the face of uncertainty, can lead to significant breakthroughs and accomplishments.
  10. Vulnerability is a Strength, Not a Weakness: Being open about one's vulnerabilities creates a culture of transparency, trust, and emotional intelligence within the team.
  11. Doing the Right Thing is Never the Wrong Thing: Upholding ethical standards and making decisions based on integrity contributes to a culture of trust and accountability.
  12. Be Curious, Not Judgmental: Encouraging curiosity fosters a culture of continuous learning and prevents snap judgments, promoting a more inclusive and understanding environment.
  13. Be a Goldfish: Learn from mistakes, but don't let them define you. Move forward with resilience, adapting quickly and maintaining a positive outlook.
  14. Empathy in Action: Understanding and connecting with others on an emotional level fosters a supportive and compassionate work environment.
  15. Effective Communication: Clear and concise communication ensures that everyone is on the same page and reduces the likelihood of misunderstandings.
  16. Adaptability: Being flexible and adaptable to change allows leaders to navigate challenges and lead their teams through uncertain times.
  17. Empower Others: Delegating responsibilities and empowering team members fosters a sense of ownership and autonomy.
  18. Resilience: Demonstrating resilience in the face of setbacks sets a positive example for the team and encourages perseverance.
  19. Inspire Collaboration: Cultivating a collaborative culture encourages teamwork, creativity, and the sharing of diverse perspectives.
  20. Lead by Example: Modeling the values and behaviours expected from the team sets the standard for excellence and accountability.

Thursday, March 7, 2024

25 life lessons

 1. Don’t lend money to your family. Give it.

2. Never shake a hand while sitting down.

3. Stop telling people more than they need to know.

4. Never eat the last piece of something you didn't buy.

5. Don't throw your friend under the bus to impress someone.

6. Never insult the cooking when you are the guest.

7. Don't use the urinal next to an occupied one.

8. Don't take out your phone during a conversation.

9. Never take credit for work you didn't do.

10. Listen, nod, and most of all make eye contact.

11. Don't make fun of your friend in front of his kids.

12. Never let emotions overpower you.

13. Never beg for a relationship.

14. Dress well no matter what the occasion.

15. Never kick a man when he is already down.

16. Treat others with kindness, even when they don't reciprocate.

17. Don't hold grudges; forgiveness is liberating.

18. Learn to say "no" when necessary, without feeling guilty.

19. Don't judge people by their appearances; everyone has their own story.

20. Be punctual and respect other people's time.

21. Take care of your physical and mental health; they're your most valuable assets.

22. Keep learning and expanding your knowledge throughout life.

23. Be a good listener and practice empathy in your conversations.

24. Choose your battles wisely; not every disagreement is worth the energy.

25. Surround yourself with positive, supportive, and inspiring people.

Thursday, February 15, 2024

Where does your country rank in the global pension index?

Mercer and CFA Institute have released the 15th annual Mercer CFA Institute Global Pension Index (MCGPI). The Netherlands’ retirement income system has regained the top spot on the list, with Iceland and Denmark taking second and third places respectively. How does your country rank? Canada has a B, Australia has a B+ and the United States has a C+

The Netherlands had the highest overall index value (85.0), closely followed by Iceland (83.5) and Denmark (81.3). Argentina had the lowest index value (42.3). Although the Netherlands is currently undertaking significant pension reform, the system is well-positioned to provide excellent benefits amid the move from a collective benefit structure to a more individual-defined contribution approach.

The Index uses the weighted average of the sub-indices of adequacy, sustainability, and integrity. For each sub-index, the systems with the highest values were Portugal for adequacy (86.7), Iceland for sustainability (83.8), and Finland for integrity (90.9). The systems with the lowest values across the sub-indices were South Korea for adequacy (39.0), Austria for sustainability (22.6), and the Philippines for integrity (25.7).

 

Falling birth rates have placed pressure on several economies and pension systems over the longer term, negatively affecting the sustainability scores for countries like Italy and Spain. Several Asian systems, however, including mainland China, Korea, Singapore, and Japan, have undertaken reform to improve their scores in the last five years.

I have included only those countries with a grade of C or better.

2023 Mercer CFA Institute Global Pension Index

MCGPI benchmark table for retirement income systems around the world. This year's table compares 47 retirement income systems across the globe and covers 64 percent of the world’s population. The Netherlands’ retirement income system has regained the top spot on the list, with Iceland and Denmark taking second and third places respectively.

 

System

Overall Grade

Total

Adequacy

Sustainability

Integrity

Netherlands

A

85.0

85.6

82.4

87.7

Iceland

A

83.5

85.5

83.8

80.0

Denmark

A

81.3

82.5

82.5

77.8

Israel

A

80.8

77.0

82.7

84.4

Australia

B+

77.3

70.7

78.4

86.1

Finland

B+

76.6

77.4

65.6

90.9

Singapore

B+

76.3

79.8

71.6

77.0

Norway

B

74.4

79.4

59.1

87.8

Sweden

B

74.0

72.1

75.6

75.0

UK

B

73.0

77.3

62.7

80.6

Switzerland

B

72.0

69.6

70.6

77.9

Canada

B

70.2

71.1

64.5

76.7

Ireland

B

70.2

77.1

54.4

81.1

Chile

B

69.9

60.0

71.3

84.0

Uruguay

B

68.9

84.0

46.2

76.5

Belgium

B

68.6

82.0

39.4

88.2

New Zealand

B

68.3

65.6

64.3

78.3

Portugal

B

67.4

86.7

32.0

85.9

Germany

B

66.8

79.8

45.3

76.3

Kazakhstan

C+

64.9

46.9

74.8

80.0

Hong Kong SAR

C+

64.0

51.9

61.1

87.6

USA

C+

63.0

66.7

61.1

59.5

UAE

C+

62.5

72.2

45.4

70.8

Colombia

C+

61.9

62.9

55.4

69.3

France

C+

61.7

84.5

40.9

54.4

Spain

C+

61.6

79.7

28.5

79.2

Croatia

C+

60.3

57.1

56.0

71.4

Saudi Arabia

C

59.5

61.5

54.9

62.9

Poland

C

57.6

59.8

45.4

71.2

Japan

C

56.3

59.2

46.5

65.6

Italy

C

56.3

72.7

23.7

75.9

Malaysia

C

56.0

44.3

56.1

74.6

Brazil

C

55.7

70.4

28.5

70.1

Peru

C

55.5

55.0

50.4

63.5

China

C

55.3

64.2

39.0

63.7

Mexico

C

55.1

63.5

58.4

37.0

Botswana

C

54.5

39.8

52.8

80.6

South Africa

C

54.0

44.2

49.1

76.6

Taiwan

C

53.6

47.6

52.9

64.1

Austria

C

52.5

66.8

22.6

71.6

Indonesia

C

51.8

41.6

50.6

69.8

Korea

C

51.2

39.0

52.7

68.5