Siam Thai

Think you are the actual reason why your staff member isn’t the solid performer that you believed that you hired?

Don’t misunderstand me. Your staff is ultimately responsible for their own performance. But there are moments where an employee may perhaps well be floundering due to your management approach. So, how do you know whether it’s your approach to management versus your employees skill set or attitude towards work is contributing to employee issues?

Ask yourself these questions:

1. Did you take the time to orient your employee to the workplace when you hired him or her?

2. Does your employee know your business goals and how his or her role fits into helping you achieve those goals?

3. Does your employee know what resources are available within the company to help them successfully complete the tasks that they are responsible for? Do they know where to go to get additional support or resources when needed?

4. Is there a current job description on file for your worker and does the employee have a copy of it? Did your employee have the opportunity to ask questions?

5. Do you pile on additional work to the point where your employee is always stressed and close to being burnt out?

6. Does your employee know what your personal business goals are?

7. Do you make your work expectations clear or have you left it up to your employee to second guess what direction you’d like for them to take with a task or project?

8. Are you sending your employees inconsistent messages that leave your staff unsure of your expectations?

If your answer is yes to even one of these questions, you may be helping to create a problem employee.

Since June 2010, the dollar has been weakening with respect to the euro. The euro is the currency of countries in the European Union and because of that it, carries a good deal of weight in global economics. In June 2010 alone, one euro started out costing $1.26 and has more or less risen to $1.46 as of April 2011. What does this mean to retirees and travelers – and how can they benefit?

*Travelers

Retirees do a lot of traveling. Traveling to Europe means paying for european hotels, rentals, dinners, entertainment, and of course gifts to bring home – each with its own price in euros. With the dollar weakening relative to the euro, you need to use more of your vacation dollars to buy the same amount of euros. And you need to buy euros to pay for all those European travel-related costs. That makes it more expensive for Americans to go to Europe. So, fewer Americans will choose to visit Europe.

On the other hand, Europeans have the reverse situation if they travel to America. Their allotted vacation money in euros will buy even more dollars so they can do more or enjoy a less expensive visit to America. So, more Europeans will visit America.

*Foreign Investment in the America

Likewise, the weakening dollar makes it more likely that Europeans (both individuals and corporations) will expand their investment in the United States. They’re better suited to make acquisitions of American-based businesses and real estate because a favorable exchange rate for foreigners can make U.S. investments a bargain. When the Japanese yen traded at record highs against the dollar back in the 1980s, Japanese firms made significant purchases of real estate – including the world-renowned Rockefeller Center.

*How can Americans benefit?

Technical analysis has been around for many hundreds of years, dating back to the 18th century when a Japanese rice trader developed candlestick charting.

Just after the turn of the 20th Century, Charles H. Dow’s (as in Dow Jones) contributions greatly increased the discipline’s prominence and his works were then expanded upon most notably by Hamilton (1922) and Rhea (1932), and a host of others thereafter.

Despite the continued development of the theoretical side of the discipline, until quite recently technical analysis remained confined to the realm of large institutions that possessed the necessary money and resources required to utilise it effectively.

Initially the money and resources were used employing research analysts who would construct and maintain hand-drawn charts but this eventually gave way to computers. In the early days, however, computers filled entire rooms and, once again, could only be afforded by large institutions.

It has only been in the last 10-15 years that personal computing power has allowed retail traders/investors the opportunity to utilise technical analysis as a tool for analysing financial instruments which, in all honesty, has proven to be both a good thing and a bad thing.

For an example of how far along we’ve come in this area, one need look no further than the I-phone which already allows traders/investors to access trading platforms and charts in order to place trades at any time, wherever they may be around the world.

Interestingly, technical analysis has also become a significant source of revenue and profit for major financial institutions due to technological advancements, i.e. the Goldman Sachs of this world.

Algorithmic and high frequency trading have developed because computers can read information, interpret it, and execute orders much, much faster than human beings. The clear majority of these systems are based on price action and technical rules, not fundamental ones.

It is always said “If you Fail to Plan, you Plan to Fail”

Success in business comes as a result of planning. You have to have a detailed, written plan that shows what the ultimate goal is, the reason for the goal, and each milestone that must be passed in order to reach your goal.

A business plan is written definition of, and operational plan for achieving your goal. You need a complete but success tool in order to define your basic product, income objectives and specific operating procedures. YOU HAVE TO HAVE A BUSINESS PLAN to attract investors, obtain financing and hold onto the confidence of your creditors, particularly in times of cash flow shortages–in this instance, the amount of money you have on hand compared with the expenses that must be met.

Aside from an overall directional policy for the production, sales effort and profit goals of your product–your basic “travel guide” to business success–the most important purpose your business plan will serve, will be the basis or foundation of any financial proposals you submit. Many entrepreneurs are under the mistaken impression that a business plan is the same as a financial proposal, or that a financial proposal constitutes a business plan. This is just a misunderstanding of the uses of these two separate and different business success aids.

The business plan is a long range “map” to guide your business to the goal you’ve set for it. The plan details the what, why, where, how and when, of your business–the success planning of your company.

Your financial proposal is a request for money based upon your business plan–your business history and objectives.

Understand the differences. They are closely related, but they are not interchangeable.

Following various sports such as basketball, can be a fun experience because of the sport and the players in general. People become fans because they like a particular sport, they either like to watch or like to play. Professional sports allows people to see who they want to be, how the best compete at something they love and much more. However, watching sports and playing it does not make you a true sports fan. It takes a while to be a real sports fan. Some people are die fan hard fans while others follow from time to time.

Here are several things that a real sports fan must do:

1) Follow on a consistent basis: When you follow your favorite sport, team or player on a consistent basis, you learn more about the game and you show that you care about what happens day in and day out. If you do not, it isn’t a matter of time because this can be done in a few minutes.

2) Talk and think: When you are a real sports fan, you have to talk about the sport occasionally to others who share the same interest or who do not at all. Talking about sports shows that you really care about what happens. When you think about what happens as a result of certain events, it also proves that you are a real fan. Real fans are talkative about their sport when they have to be and take time to think about the sport.

3) Play the sport: Believe it or not, if you are able and you do not play the sport, it shows that you have not really incorporated the sport into your life. By playing the sport, you can compare yourself to the best players in the world, which shows how much you want to be there as well. Following the sport is not good enough because it shows that you cannot do the same.