http://smallchou.com/blog/2008/12/wamu-explainable-organizational-behavior/ Tue, 07 Feb 2012 18:21:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://smallchou.com/blog/2008/12/wamu-explainable-organizational-behavior/comment-page-1/#comment-47904 Rocking Horse Plans Fri, 01 Apr 2011 19:48:47 +0000 http://smallchou.com/blog/?p=607#comment-47904 I love the bit about the mariachi singer. It had me in stitches for ages. The trouble is, this isn't so funny. WaMu wasn't the only bank lending at all costs and it has driven the economy into the ground. I love the bit about the mariachi singer. It had me in stitches for ages. The trouble is, this isn’t so funny. WaMu wasn’t the only bank lending at all costs and it has driven the economy into the ground.

]]> http://smallchou.com/blog/2008/12/wamu-explainable-organizational-behavior/comment-page-1/#comment-47337 Wedding Backdrop Fri, 11 Feb 2011 19:08:15 +0000 http://smallchou.com/blog/?p=607#comment-47337 Like many decisions made at executive levels, we are often left scratching our heads as to why they went in the direction they did. More often than not it is due to a very short term view and not long term startegic plan which ultimately would benefit the organisation. Like many decisions made at executive levels, we are often left scratching our heads as to why they went in the direction they did. More often than not it is due to a very short term view and not long term startegic plan which ultimately would benefit the organisation.

]]> http://smallchou.com/blog/2008/12/wamu-explainable-organizational-behavior/comment-page-1/#comment-35848 Brian Sun, 01 Feb 2009 03:44:09 +0000 http://smallchou.com/blog/?p=607#comment-35848 They were a bit of both. It's an issue of attention span and properly understanding the difference between short and long-term success. As a country, we desperately need to re-learn the lesson that short-term pain can bring long-term rewards. Unfortunately, we have somehow developed insanely short business cycles (3 months) and similar political cycles (2 years) that make it difficult to impossible for drawn-out plans to come to fruition. And if they do, then it's probably your successor who gets to take the credit. This current crisis may just make learning this lesson possible. They were a bit of both. It’s an issue of attention span and properly understanding the difference between short and long-term success. As a country, we desperately need to re-learn the lesson that short-term pain can bring long-term rewards. Unfortunately, we have somehow developed insanely short business cycles (3 months) and similar political cycles (2 years) that make it difficult to impossible for drawn-out plans to come to fruition. And if they do, then it’s probably your successor who gets to take the credit. This current crisis may just make learning this lesson possible.

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