Using the right currency for your culture

When you travel to another country you expect to make your purchases using the native currency.  For example in Japan you use  Yen and Sweden the Kroner.

If you don’t have the countries currency you can exchange your own at a specified rate and usually a conversion commission is applied.  Or you can use a credit card and when the transaction is processed the friendly card company will convert your purchase cost to your native currency at the rate most beneficial to them.

What about cultural currency

The baseline of a culture for your city, workplace or other organization  (i.e., geographic, corporate, or other grouping) includes distinctive unique behavior standards.  You can think of these behaviors as the foundation for transaction driven currency you will need to spend to operate effectively within the culture.

This concept of “cultural currency”  is very analogous to  monetary currency.  It differs by location and generally to be successful you need to use the right currency.  Basically, the way you behave when using your “cultural currency” needs to map to the local currency, otherwise problems can ensue.

If you move from one culture (for example a work location in the south of your city) to another culture (a different organization in the north of the city) you need to adopt the new cultural currency.

If you try to transact using the currency from your previous culture misunderstandings and other negative consequences can result.

How do I determine the organizations currency?

Cultural currency is based on the standards, values, vision and objective associated with the culture.  You need to be aware of these and understand them in order to spend your currency without incident.

When moving from one culture to another the first weeks need to be spent acclimatizing, studying the behavior standards and associated expectations.  Once this is done, you can start spending the currency without fear of embarrassment or censure.

 

Which road to travel?

Yesterday my post focused on vision and execution.  This prompted an interesting discussion with some colleagues  about executing against the vision.  What is the best path to your vision?

Assessing the options

Once you know the direction you are heading, i.e., the vision, consider how this tranlates into objectives.  Additionally , if desired, the objective can be further defined defined by specific goals .

Now comes the interesting part, that is planning the trip.  Most often there are several options.  Ultimately you want to select the approach that is most likely to succeed, but consistent with your personal values.

 Consider this analogy

Your vision is a lush green meadow with food aplenty, ameniable weather year round and isolated location ensuring the environmental peace is maintained.

Between your cuurent location and the vision is a large mountain on one side and a river with a bridge on the other.

Your objective is to journey to the meadow.  There are two options:

  • Hike over the mountain trails first up, then down.  A strenuous journey to be sure, time consuming and possibly hazardous
  • Cross the bridge, a short easy trip over the river, and you are there.

Your selection of the path to the object of your vision needs to take the sub-goals into account.  Do you desire to achieve maximum physical exercise?  Is the potential relaxation of the journey itself important and you want it to be prolonged?

Or is quick and easy the best approach, just achieve the objective as fast as possible.

Plan Wisely

Although the analogy is clearly exaggerated, the point is around the value of fully thinking through your  execution strategy as there will always be options and success most often lies with the approach that maps closest to your own goals.

Whats Your Destination?

” Execution without vision is a nightmare”  – Japanese proverb.

Basically if execution refers to actions directed toward a result , if you cannot clearly visualize the result ( preferably before you begin the action) how will you know when to stop?

Arguably,  you can keep acting continuously always hoping to achieve the goal.  That is to say, without having a vision to guide the focus of the actions they are essential wasted.

And the reverse

” Vision without execution is just Hallucination “.  popularly attributed to Thomas Edison but more likely a slightly modernized version of Jefferson’s actual quote.

In this case you can visualize the objective but it will never be achieved.  Goals are not magically achieved and without action your dream is just that, a dream.

Keeping it Simple

Vision and execution are typical business jargon.  In very simple terms this concept can be analogous to taking a trip.

  • The first step is to determine where you are going.
  • Next you craft a plan on how to get there
  • And finally you act on the plan

You could take a trip with no destination ( probably end up as the vacation nightmare) or you could dream about the exotic destination you are going to visit.  Without a plan and then obviously not acting on the plan (because you don’t have one), it will never happen.

(Maybe like Dorothy you could click your read shoes together and mysteriously transport yourself to Kansas – only works well if Kansas was your dream destination)

The simple summary of this post is, the most sucessful way to get your goal is to know what it is and have a clear plan that you are acting on to get there.

Living with no consequence

As we move through are lives our behaviours can often result in a consequence. That is a result or effect deriving directly as a result of our action.

These can be positive or negative.

Breaking rules – potentially negative consequnce

When driving, if you proceed directly through an intersection with a stop sign (without stopping) there could be consequences.  These could range from a fine to a criminal charge for manslaughter .

The extent of the consequences are directly related to the effects of the behaviour leading to the consequence.  Running a stop sign without hitting anyone and not being seen by anyone could result in no consequnce.  If you hit someone so badly they died the consequences could be severe.

Seeking a positive consequence

Purchasing a lottery ticket is an example of an action which could lead to a positive consequence.  That is winning some money or otherwise being reward for your purchase (e.g. a prize).

Motivating Effect

A clear benefit of consequences is how they can drive our behaviour.  The results can make us happy (a lottery win) or keep us safe (preventing a car accident). Most importantly though is the motivating power.

Consequences both result from and drive behaviour.  Arguably without consequence there might be little reason for you to just sit around and vegitate (boring).

Life without Consequence

Consequences are important factors in helping us enjoy and get the most out of life.  The results of actions are both a guide on how to behave responsibly as well as being the outcomes we seek.

A life with no purpose, no outcomes, no resulting consequences from our actions would be boring indeed.  Going out on a limb, I would even say, consequences are something to live for.

When are you a winner?

One of my favorite sayings is “winners rule; losers check the rules” .  That is being declared the winner is enough, no further examination necessary.

Sports Contest

In the context of a sporting event the conditions that define the winner are clearly defined.  For example, in a soccer game the winner is the team with the highest score.

The loser might challenge the decision by questioning whether the rules were adhered to.  It is doubtful the winner would do this.

The contest of life

If you have set personal goals to live your life by, the achievement of these should be considered a winning condition.  You may have divided the goals into a series of discrete objective, in which case obtaining an objective is also a win.

To avoid the losers conundrum the goals need to be objective and clearly measurable.  (Did I really lose or is it just the definition of winning – that is question the rules?)  Remember, subjective measures beg for a dispute.

Who is competing.

Unlike a sporting event , in the contest of life you are competing with yourself.  My friends, colleagues and readers of these posts are aware I believe “it’s all about me”.  This fits well with my definition of winning at life.

Winning Feels Good

Hopefully one of your life goals is to feel good.  When you achieve it (i.e., win by my definition) it makes you feel good.  It’s like an exponential curve, winning leads to feeling good, feeling good is a win and ultimately it just spins upward.

 

 

E-mail Communication

Before the dawn of electronic communication, written exchanges were mostly done by letter.  These letters were delivered through a post office.

With the dawn of e-mail letters delivered via postal service were given the descriptive nickname of snail mail.  From the time a letter was sent until the reciept of a reply could be weeks, even months.

Today of course, your reply times can be measured in minutes some times even seconds if you use email or instant messaging.

Changing Etiquette

At the high school I attended letter writing was a mandatory course. Here we learned the standard rules for layout, design, syntax, content types, greetings , salutations and so on.

While there may be keyboarding courses at most high schools these days when to use e-mail, how to construct the messages and associated protocols are mainly just skills you are supposed to just pick up.

Misuse of the Medium

Given the ease and speed of the medium e-mail is often misused to have a conversation.  Real caution needs to be exercised around this as conversations without visual queues have a high risk of fostering misunderstanding, even offending.

I had a recent interesting example of this when crafting an e-mail to my sister.  The topic was in response to a question/ suggestion she had made to me  and I was answering on behalf  of all the parties, which included my adult children.

Before sending the reply to my sister I sent an e-mail to my children for feedback.  Without exception they all said I was too harsh.  Great and helpful feedback which resulted in a revised response.

For me this highlighted the risks of e-mail communication.  Without the perspective from my children I could have sent my sister a very wrong message.

Skirting Existentialism

I will start this post with a  well known  philosophical thought experiment “If a tree falls in a forest and no one is around to hear it, does it make a sound?”

Like so many things, this is a hard question to answer definitively and pondering it can lead to stimulating discussion (or make your head hurt).

What is real?

Personally I believe in both reality (definitive, constant and absolute) and perception (subjective, inferred, self determined).  The challenge of course is determining what is what?

A circular variation on the opening puzzle would ask if sound is real if it is not heard or only if it is percieved to be heard whether actually heard or not.

Facts

When you arrive at a stop sign in a motor vehicle you must stop.  Is this a true and real fact or a perception that applies only if you percieve it to be so.  I would propose the latter thinking presents some risk of a creating  bad result (i.e. crash).

Facts, reality, truth must exist  and be accepted for society to operate.  Ergo, within the boxes of our cultures the tree does make a sound, if we say it does.

Of course for the existentialists thinking begins with the individual.  This focus on individual freedom and authenticity leads to a sense of disorientation and confusion within our ordered world.

While I enjoy these philosophical diversions on occassion, my own feet are firmly anchored on the ground (the real ground not the percieved one).

Exploring a “sense of humor”

If you have the ability to percieve humor or appreciate a joke it is said you have a sense of humor.  And if you cannot appreciate humor such behaviour is just inexplicable, or even irrational.

Humor provokes laughter or at a minimum amusement.  Attempts at humor that do not elicit these responses are often termed “failed humor”.

An interesting quality of humor is its lack of consistency.  One person might percieve the hilarity in a situation while another could be remain stone faced.

Value of a sense of Humor

Being funny and making people laugh is what a comedian does.  The ability to experience mirth and all the good feelings associated with it require a sense of humor.  Life can be very desolate without it.

In this sense recognizing the benefits of a sense of humor, encoraging it, even adopting as a personal or corporate value  is a positive move.

Be Happy!

A key personal objective of mine is to seek pleasure (I have mentioned this in other posts) as long as it is not at the expense of others.  This makes me happy.

Laughing makes me happy.  Everyone might not laugh at the same things but to laugh at all requires a sense of humor and I would be lost without mine.

Freedom of the Press/Reporting Bias

Around the world members of the media should be allowed to tell their story.  This is freedom of the press; However, this should not be interpreted as telling a story without bias.

Bias comes in many forms.  These can include:

  • telling the whole truth/facts ( as you percieve them)
  • telling complete untruths, doing this knowingly to meet your objective or agenda
  • colouring the truth/facts to support your position.

Personally, I believe every story, every news item has some bias.  It is just part of being human.  It is impossible for us to  relate information without including our own bias to some degree.

Externally Forced Bias

Unfortunately regional, political and religous bias is sometimes controlled external to the reporter and the way the information is shared can be manipulated through consequences.

In these cases where information is misshaped (i.e., propaganda), manufactured or with witheld; then freedom of the press does not exist.

Free Press can still be Biased

News that is not restricted, manipulated or otherwise controlled by third parties can still be presented with regional, political or individual perspectives (reporting bias) and still be considered “free”.

That is, while the story may be free from malicious or nefariuos manipulation by dictorial control freaks; it is still molded by the author.

Like it or not the authors baggage is included, even when it is purportedly “just the facts”.  After all, what is a fact?

(Good news, I will have more thoughts on the definition of a fact in a future post.)

Supporting the greater good

Tax avoidance discussions have been highlighted by the global press over the last month or so.  This was triggered by the so called Panamanian papers data theft.

I have already stood on my soap box about data theft in previous posts.  This post focuses on my analysis of tax avoidance.

My emotional stance differs a bit from my Spock like opinion . (Spock was the logic focused half Vulcan character from the original Star Trek series)

This post trys to be very rational about the topic.

Warren Buffet

A couple of years ago Mr. Buffet is said to have noted that he probably has a lower effective tax rate than his personal assistant.  Through use of legal tax avoidance he limted the amount of tax he paid.

To be clear, Warren did not enable this behaviour, (tax avoidance) in fact  the U.S. government set it up so he could reduce his tax payments.

Given he is a bit of sharpie when it comes to money management, I would be more surprized if he avoided the opportunity to maximize his returns, than if he did not.

My simple conclusion based on these facts would be “way to go Mr. Buffett”.  So why all the fuss about tax avoiders.  (Remember tax avoidance is legal, tax evasion is not).

Morale Standard

Is it logical to hold Mr. Buffet and other tax avoiders to a higher standard and if so why?

Personally I use every tax avoidance opportunity that I am reasonably able to capitalize on.  Believe me, no guilt feelings here on my part.

Of course, if I am a excessively wealthy capitalist or Corporation (I am not) I guess  I should freely contibute to the tax system as much as I possibly can.  After all there is the greater good to consider.  (Ooops the emotional perspective is leaking out).