February 8, 2010

The Business of Jobs

JACK: It seems that the major topic of conversation and of concern is the jobs problem. As a matter of fact, the pundits are telling us that the next elections will hinge on the success or failure in regaining the millions of jobs that have been lost. If you question 10 recognized economists you will get 11 different opinions. I prefer to think of it as an individual problem that can be solved by individual Americans.

SCOTT: First, thank you Jack for letting me have guest appearance #2. I couldn’t agree more that the jobs issue is on the forefront of all of our minds. I have been fortunate to find and keep work during this difficult time, but as you noted, millions of people have been less fortunate than myself. Just this week, we saw some conflicting and confusing numbers. On the one hand, the overall unemployment rate fell under 10%. At the same time, new jobless claims rose far more than expected. Numbers and statistics mean less to me than this question — how can all of the people who are out of work find something to do?

JACK: Your good fortune, to say nothing of your personal planning, places you in a specialty that is not only in demand, but is greatly needed. The business of compliance law is really a must for all businesses. Witness the dilemma of Toyota, and the questionable actions of major banks in awarding hundreds of millions of dollars in bonuses while they are still in debt to the taxpayers. Addressing the business of finding a job, I was interviewed last week on Internet Radio on this very subject.

Over the course of my 60 years in business, I have hired thousands of people and can give direct advice to people who are looking for a direction. I do believe, just as all politics is local – all problems are local as well. There are a number of ways that people can go. One is to start their own business, and the other is to truly understand how employment is administered. My question, and solution, is in finding a way to make yourself extremely attractive to a prospective employer.

SCOTT: This sounds like great advice. Can you tell me a bit more? For example, for every job opportunity that may be out there, particularly in a tough economic climate like this one, there are many qualified applicants. What are some things that people can do to stand out among the throngs of people who are angling for every open position? On a related note, is there something people can do to try and gain employment with a company who may not even be hiring?

JACK: My first recommendation is that the applicant choose companies for whom he or she would like to work. Learn all that is possible about the company, and particularly, its problems. A great deal of this information is immediately available on the company’s website. Then, present yourself not simply as an applicant for a position, but as a qualified solution seeker that will directly go after both the problems and the ambition of the corporation itself. I think you can best get the idea by my imbedding the interview on careers directly into this posting. This is a 30-minute interview on internet radio — pictures will be furnished upon request! Please find the link below.

Jack Nadel Interview

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posted in Economics
February 4, 2010

President Obama: Perception and Reality

Scott: Hi Jack, it's Scott, Hillary‘s husband. Hillary is feeling a little under the weather this morning, so I thought I would pinch-hit for her today. Also, I have a few ideas of my own, which I would love to discuss with you.

Let‘s start with a question: President Obama gave his state of the Union address this week, and he also had what I consider to be an unprecedented Q & A session with Republican Congress members. While I think he served himself very well in both situations, my question is this: how can policy achievements match his rhetoric?

JACK: Scott, I am delighted to have you participate. You bring another point of view to the party and I am sure you have some insight in your capacity as a Compliance lawyer working for a major mortgage lender. I watched with interest President Obama confronting the Republican Congress people. The revolutionary part was that it was televised, so that we, the public, could get some insight on the direct exchange and form our own conclusions. I think this is a superb idea because we are getting the information directly from all the horses' mouths, rather than an interpretation from pundits on television.

I am much impressed with the President‘s ability to keep an even temper while faced with blatant campaigning masquerading as questions. I was also impressed with the fact that he suggested with some tact that the rhetoric be abandoned, so that a real discussion and possible solutions can emerge. Like many people, I have been watching the confrontations, accusations, and pointed suggestions. It was refreshing to hear it directly and I was pleased that the exchange was starting to heat up as the President pointed out that much of the disastrous economy was inherited and could not be attributed to anything he did. While admitting that he was less than perfect, he did correct the record and gave a very good account of himself and his activities. I was still left wondering whether we can really expect something positive to emerge in the way of bipartisan legislation that would benefit the American population.

SCOTT: Jack, I could not agree more. I was left wondering the same thing myself. The question is – where do we go from here? As the President pointed out himself several times during the Q&A, Republicans have painted themselves into such a corner that if they support Obama, or even work with him on any issue, they would cripple themselves politically, and risk losing their next election. So — is it even possible for the parties to work together in such an environment, or should the Democrats use the majorities that they have, and push through the agenda that they feel would be best for the country?

JACK: While the Republicans have remained solid in their opposition to anything that the Democrats put forth, the Democrats have been dancing timidly around the idea of direct confrontation. Somehow they succumbed to the myth that then cannot accomplish anything unless they have 60 votes (the majority needed to prevent a filibuster) and lost sight of the fact that despite that, they are a huge majority. In fact they have the largest majority in Congress that either party has enjoyed. So I wondered how the Republicans, particularly in the past 8 years, enacted all kinds of legislation (tax cuts, declarations of war, business incentives) in the face of not having as much of a majority as the Democrats enjoy today. What am I missing?

SCOTT: In my view, Obama has spent much of the past year trying to please everybody. But, I feel that when you try to please everybody, you often end up pleasing nobody. Further, I would sum up 2009 as a year of MISSED OPPORTUNITY. For example, Obama walked into office in the face of two extremely costly wars. It seemed to me that he felt we had to stay there because we had been there for years. My question is – why? Why can‘t he change the game? What if we could take all that money to improve the lives of Americans here at home. What could we do then?

JACK: Once more, I believe that perception has overcome reality. Somewhere along the line (probably starting with Vietnam) we have believed that by changing course we were being less than patriotic, and we were short-changing all the wonderful service people who had already sacrificed their health and their lives. As a former combat veteran of World War II, and as a card-carrying capitalist, I am a great believer that you don‘t throw good money after bad, or try to justify past actions by killing more people. Aside from the financial consequences, I get physically ill when I see what tremendous hardship our armed forces have had to endure. My opinion is that the logic for going in was bad, and the logic for getting out should not justify the original action. In this real world, we must face the real facts.

Every so often, it makes sense to stand back, look at where we have gone, and re-adjust our position to being ourselves in step with the reality of the situation. So far, as the economics are concerned, I do believe it‘s the first time in history that we went to war and lowered taxes at the same time. Aside from the terrible casualties in people, someone has to somehow pay for these huge costs that are part of a wartime economy. So, getting back to the recent exchange between the President and the Republican opposition, I welcome an honest debate based on the facts, and not wild accusations.

SCOTT: I agree Jack, and here is a fact. Unemployment is currently at 10%. And, if you add to that the number of people who have given up looking for work, or who are only working part time, the number grows closer to 20%. I would imagine that most people in America would say that the #1 issue on their mind is the economy – how can I get a job? Will I be able to keep my job? How can I afford heath care, education for my children, etc.? So – this ought to be our #1 priority. How can we improve our situation here, while faced with 2 costly wars abroad, combined with a tumultuous political system here at home?

JACK: This is not the first time we have had this problem. During the great depression of the 1930s, the unemployment rate shot over 25% and we also had an enormous loss of jobs some twenty years ago, after appropriate downsizing in the Reagan administration. I recently was interviewed on internet radio about how to get jobs, and other places that the unemployed can turn. It is a half-hour interview that I will link to a future blog. In summary, there are answers that are very American and are once more a tribute to our capitalist Democracy‘s ability to recoup and to go forward. People have to face their own responsibility, and should be made aware of the many opportunities that are open to them, even in a tough economic market in the United States.

SCOTT: I have one more question for you, Jack. I admire President Obama in several ways. He is extremely intelligent, and has had a varied career, full of achievements. One thing he has never done, however, is run a business. You, Jack, have run a very successful business for decades, and among other things, have created thousands of jobs all over America (and abroad). What advice would you give President Obama, as he goes forward with efforts to put people back to work?

JACK: I agree with you on the President‘s intelligence. I would however, qualify success as having two major ingredients. The first is the concept and the second is the execution. I think the President‘s inexperience in business has him falling short on how he executes his ideas. I certainly would advise him to put on his staff an individual with broad experience both in business and in politics, so that he could map a course that will face the second part of the equation. In the business world, particularly in sales, we value THE CLOSER more than the individual who doesn‘t know how to finalize a deal. I feel the same applies in politics and I think that President Obama needs a CLOSER on whom he can rely.

posted in Politics
January 13, 2010

Legacy and Instant Gratification in Balance

JACK
Much of it is common knowledge, but there are several roads that I have traveled that I think make for a very fulfilling and happy life. I have had a heartwarming influence on a number of younger people, and their success makes me feel good. I have a feeling that some of my concepts should be spread to a wider audience. I really do not crave fame or notoriety, but I don’t dislike it either.

HILLARY
So what is it about leaving your mark on a place, or a person, that satisfies you?

JACK
More than ever, I realize that at the end of life there is nothing more that you can say. By writing, advising, and coaching, my ideas will live on. The satisfaction of committing acts of philanthropy is primarily in the results that are achieved. In most cases I have put my own stamp on it, with conception, execution and financing. I have for the past several years shared this with my wife, Julie, who has applied impeccable taste and enormous empathy for people. Why do we attach our name to it? Perhaps, because it makes us proud and gives us a feeling of perpetuation.

HILLARY
You like the idea that once you are gone that your name is still part of the community?

JACK
Absolutely.

HILLARY
You also mentioned pride. Is it vanity?

JACK
I’m sure there is some ego attached to this, but it’s really a secondary thrill. My pride is that I am using part of the money that I’ve earned throughout my life for good causes. Over the past year our major contributions have been to refurbishing the lobby of our local clinic, where our medical needs have been handled with skill and compassion. The old lobby did not reflect properly on the great work that the Sansum Clinic of Santa Barbara does and we are proud to put our name to it.

We also created the Elly Nadel Music Therapy Program at Visiting Nurses and Hospice in Santa Barbara. Music was of great importance to my late wife as it is to most of us. This program now furnishes personalized music for all patients. The memory of losing my wife of 54 years has been tempered by the musical memories that she left. Now as part of the same program, we will be providing patients with the opportunity to do their own musical memoir. This will make them feel good while it passes on a legacy to friends and family.

HILLARY
It’s interesting that one of the comforts you are offering those in hospice is legacy, which is clearly important to you, but not anything I think about. Is this a product of age?

JACK
You are 34 years old. At your age, I felt immortal and had no need to pass on a legacy because I could never think of not being there.

HILLARY
Perhaps because I’ve had a chronic illness since my teens, or because the modern media has kept me readily aware of the random catastrophes that could befall me, I know for certain that I’m going to die. Yet, I still don’t feel the need to carve my name into the world. In fact, I very often take my name off of contributions that I make. So what made, and continues to make you, want to have a legacy?

JACK
I don’t need any of it. I want to create programs that will help people in a way that I can see it happen and witness the results. At the same time, I have no problem taking the credit for the funding, for the concept and for the execution. The difference between you and me is both age and fulfillment. There is no need to justify putting my name to it, just as there is no need to justify your anonymity. We are simply proud of what we do and are happy acknowledge the source.

HILLARY
There is no question that you have a great deal to be proud of, and that your community will remember your involvement.

JACK
Having the community remember my involvement is fine, but it is not the most important element. You have often heard me say, “there is no such thing as a completely unselfish act”. A great part of my reward is actually seeing the results of a program that I helped to create and finance. There is a thrill in bringing a project to its successful completion and actually experiencing the gratification of seeing it work and witnessing the benefits.

posted in Communication
January 6, 2010

Changing Times

HILLARY
In your lifetime you have been witness to many paradigm shifts within our country, and civilization as a whole. Do you feel like we’re in the midst of another?

JACK
We changed dramatically when we went from a Depression into World War II. Previously, all Americans really thought of themselves and their particular problems. With the attack on Pearl Harbor that attitude changed overnight. Suddenly, we were all in the same boat. We had to shift immediately, not only into a wartime economy, but also into a very patriotic attitude. In all parts of the county Americans had the same feeling of togetherness as only happens when everybody faces a common enemy who is dedicated to destroying your way of life. Men enlisted in great numbers, there were changes in industry – for instance all vehicle production was converted to wartime production.

HILLARY
That was a radical shift, which highlights my question – Do you feel like we're moving towards a radical or revolutionary move in my, or even in your lifetime?

JACK
There is no question about changes coming at lightening speed. High technology and digital have replaced analog, and industries that built whole cities, like our automotive business, have passed away. But, there is no one event that has turned everybody into a different direction with the same mindset.

Much of the confidence that Americans have acquired in the past 70 years is disappearing. Entire industries have been plunged into bad times, and there is no united feeling that will convert that into what can be called a positive American attitude. I have never seen the nation, and its politicians, so badly split where consensus has become an almost impossible goal. It is difficult to predict what’s going to happen, but there is no doubt in my mind that our concepts and living conditions are in the process of changing.

What is it that you see happening?

HILLARY
I see a move for a change in our culture, and our instincts. If we are to successfully inhabit the planet in the numbers that we do, and will, then we need to reassess our resources. It seems like a rational discussion to have, but this topic leads to deep emotions regarding rights, privileges and American exceptionalism.

JACK
What exactly do you mean by “exceptionalism”?

HILLARY
Some people believe that America, and therefore Americans, are “exceptional” within the context of the world; that we are more deserving of resources and power simply because we were born in the U.S.

Our Constitution may well be the best-written document on governance ever, but this exceptional document does not grant its citizens ownership of the planet’s resources above all others.

JACK
Would you not agree that the American system and its people have produced the highest standard of living ever achieved?

HILLARY
I suppose that depends on your definition of “high standards”.

JACK
In comparison with the rest of the world, we have more of everything – food, resources, productive capacity, private automobiles, homes, and all the comforts. We are the inventors of the latest technology and lead the world in entertainment.

It’s true that with all this wealth, Americans have acquired and attitude of entitlement. It is very common for even those who have never traveled outside our own boundaries to say we are the “Greatest Country in the World.” I am not justifying the attitude, but I’m trying to understand it, and I certainly feel that it needs to be adjusted. It’s very difficult when much of our propaganda is dedicated to these principles. The fact that we are changing is true, but at the same time it is difficult when so much of our population is convinced that we don’t have a problem and even discount worldwide physical change such as global warming.

HILLARY
I agree, and I would go further and suggest that the “high standards” by which you chose to judge progress here are all measures of material consumption. I think it’s sad that you didn’t (as many wouldn’t) speak of education, or of social justice, or of harmony within a population when defining “high standards”. This is where the shift is needed. We need to acknowledge that never-ending consumption, sometimes shockingly procured by the butt of a gun, is unsustainable and doesn’t promote the principles of our democracy. Americans would be better served by a consumption pace a little more closely related the way that most people live around the world.

JACK
We have achieved little if anything with the butt of a gun. The high standard that I’ve referred to has been achieved by our ability to produce more goods that the world needs in an economically sound fashion. However, this statement may not be true as we go forward. We have certainly been guilty in the past of forcing our interests on other people. I am not a futurist and cannot predict what will happen, but I certainly agree with you insofar as I do not as I do not feel comfortable with the direction we are going. I think we are way off base enforcing regime change or empire building. There are many changes that we have to make and I certainly hope that yours and succeeding generations will have the capacity to realistically change our attitude.

But really, can any other country or economy boast our results?

HILLARY
I don’t believe that Americans have anything boast about when it comes to material consumption and its impact on the rest of the world.

December 30, 2009

Positive Thinking for 2010

The post below is from 2008, but the concept is timeless and a good message with which to enter the New Year. Whatever lies ahead, the power of positive thinking can inspire us to a better life!

HILLARY
Over the past several months I have spent some time with two friends who are in trouble. One thing that they have in common is that they both use language that holds them back. On several occasions I have heard them say that they "can't" take it, or that it's the "worst" possible scenario. They talk about how they "won't" be able to handle anything else, or that it's "never" been so bad. And, without exception, something new comes up and they are devastated.

So often when you keep repeating to yourself, and others, that your "world is falling apart", then you will do something, or miss something, or invite someone in that creates a self-fulfilling prophecy, and your emotional world indeed falls apart… again. One friend had a small legal matter that turned into a larger one from a single, simple failure in judgment. One opened their home to a friend-in-need only to be treated with disrespect, and therefore further deepen her current emotional downward spiral.

I will not diminish the struggles that they are both facing, but they both have a great positive abundance; and positive language, especially through tough times, lifts you up. Both have homes that are lovely, and that they love. Both have people, flawed people, but people in their lives that love them. One has a new job that she loves, where the people adore her. These are two people with so much going for them, yet a challenging time to get through.

When they reach out to me for help it usually comes in the form of panic, and words that suggest that they are on the edge of something cataclysmic. I ask them to change their language; if they say that "I can't", or "I won't", I tell them "you haven't yet, " or "your struggling with it". They are having a difficult moment, which can be managed. Usually this is a bit off-putting, and they take a pause to reset. Then I ask them what triggered this feeling, and their current course of action. It's amazing the number of times that their course of action is totally removed from their emotional trigger, and how they are subconsciously sabotaging themselves. And it's amazing that when you change your language, you change your perspective and you make different decisions.

JACK
The contrast between negative and positive thinking is enormous. From this personal experience of yours you have just touched on what I believe is a major problem. It seems to me that each succeeding generation is looking at life more and more in a negative way. Many years ago, I think about 50, there was a runaway best selling book that addressed this problem. It is called "The Power of Positive Thinking" by Norman Vincent Peale. This book had a dramatic effect at the time it was published, and there were many converts to a positive outlook. In some of the relationships I've had with children, grandchildren, both my own and my friends, I noticed this tendency towards stating the negative. I find that I often say to them "I really do not want to know what you cannot do, I want to know what you can do." There is a great difference. For example, in the case of your friends, if you say to them "I really can't help you" you're looking at it the wrong way. Then that is the message that they get. If you say to them, as you seem to be doing "here are the things that I can do, but the rest is up to you, and your perspective has to become positive.” Even my five-year-old granddaughter says she is not looking forward to going to a new school because she doesn't know any of the kids in her class. At this age, she should be instilled with the anticipation and excitement of meeting new people and having new experiences. I say this just to note that this feeling of negativity enters at a very early age. It really is easy reasoning with a young mind by drawing a mental picture of all the good things that can happen, instead of the bad.

HILLARY
That works not just on a young mind. Visualizing positive outcomes from a challenging scenario frees you from the debilitating and destructive pattern of negativity. If you choose to be positive then you will make positive choices, and come across positive people who will want to be around you and support you. By repeating negative language, and assuming negative postures you only bring in people with the same negative mindset and you are far more likely to make bad choices. Freeing yourself from this stagnation is the first step towards a healthy life.

JACK
I deliberately use the example of a five year old because one is never too young to form healthy habits and ways of thinking. As you grow older, you keep building on the patterns that you yourself set. Recently, I have given some lectures in college on the pursuit of careers. I'm always surprised that most of the students did not understand that the first consideration of career choice goes to each individual's passion and capabilities. I was taken by surprise by how many young people in their early 20s do not have a clue as to how they are going to spend their working lives. I explain that in order to pursue a path you must start with a goal. If you do not know what that goal is how will you know in what direction you should go? If young people have been fortunate enough to have a positive perspective, life is much easier and success is much closer.

HILLARY
Even those of us who were not so fortunate as to be raised with a positive perspective, it is still up to us to gain that positive perspective.

JACK
As I've always told you, there have always been hard times, but life is a lot better if you view it from a positive perspective.

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