Contract Management Quotes

An author who gives a manager or publisher any rights in his work except those immediately and specifically required for its publication or performance is for business purposes an imbecile.

Spectacles, on that strong-featured face…and his hair mussed as if he had been tugging absently on the front locks. All that combined with a plenitude of muscles and masculine virility was astonishingly…erotic. “When did you start wearing those?” Daisy managed to ask. “About a year ago.” He smiled ruefully and removed the spectacles with one hand. “I need them to read. Too many late nights poring over contracts and reports.” “They…they are very becoming.” “Are they?” Continuing to smile, Swift shook his head, as if it had not occurred to him to wonder about his appearance.

In Venezuela Chavez has made the co-ops a top political priority, giving them first refusal on government contracts and offering them economic incentives to trade with one another. By 2006, there were roughly 100,000 co-operatives in the country, employing more than 700,000 workers. Many are pieces of state infrastructure – toll booths, highway maintenance, health clinics – handed over to the communities to run. It’s a reverse of the logic of government outsourcing – rather than auctioning off pieces of the state to large corporations and losing democratic control, the people who use the resources are given the power to manage them, creating, at least in theory, both jobs and more responsive public services. Chavez’s many critics have derided these initiatives as handouts and unfair subsidies, of course. Yet in an era when Halliburton treats the U.S. government as its personal ATM for six years, withdraws upward of $20 billion in Iraq contracts alone, refuses to hire local workers either on the Gulf coast or in Iraq, then expresses its gratitude to U.S. taxpayers by moving its corporate headquarters to Dubai (with all the attendant tax and legal benefits), Chavez’s direct subsidies to regular people look significantly less radical.

He's a pathetic fool, indeed. He was just some contracted worker for a no-name game developer, and his hobby was reading novels. His specialty is to run his cocky mouth off, and he has this habit of throwing his life away so that we can overcome any and all impossible situations hindering us. Someone like that managed to lead his companions this far. Regardless of what the incoming conclusion is, this world wouldn't have come this far without him around.

When I’d checked into the bathroom with Seymour’s diary under my arm, and had carefully secured the door behind me, I spotted a message almost immediately. It was not, however, in Seymour’s handwriting but, unmistakably, in my sister Boo Boo’s. With or without soap, her handwriting was always almost indecipherably minute, and she had easily managed to post the following message up on the mirror; 'Raise high the roof beam, carpenters. Like Ares comes the bridegroom, taller far than a tall man. Love, Irving Sappho, formerly under contract to Elysium Studios Ltd. Please be happy happy happy with your beautiful Muriel. This is an order. I outrank everybody on this block.

Y'know — Babylon once had two million people in it, and all we know about 'em is the names of the kings and some copies of wheat contracts . . . and contracts for the sale of slaves. Yet every night all those families sat down to supper, and the father came home from his work, and the smoke went up the chimney,— same as here. And even in Greece and Rome, all we know about the real life of the people is what we can piece together out of the joking poems and the comedies they wrote for the theatre back then. So I'm going to have a copy of this play put in the cornerstone and the people a thousand years from now'll know a few simple facts about us — more than the Treaty of Versailles and the Lind-bergh flight. See what I mean? So — people a thousand years from now — this is the way we were in the provinces north of New York at the beginning of the twentieth century. — This is the way we were: in our growing up and in our marrying and in our living and in our dying. Said by the Stage Manager

We’re creatures of habit when it comes to mobile contracts and the wires piping high-speed data into our homes. It’s a pain to deal with transfers, installations, and customer service interactions, so we shrug and keep paying a premium.

And under the contract, management couldn’t fire a Teamster unless they had certain grounds. They had none. Stealing was grounds only if they could prove it. Besides, I worked hard for them when I wasn’t stealing from them. But

I told him I had, perhaps, different notions of matrimony from what the received custom had given us of it; that I thought a woman was a free agent as well as a man, and was born free, and, could she manage herself suitably, might enjoy that liberty to as much purpose as the men do; that the laws of matrimony were indeed otherwise, and mankind at this time acted quite upon other principles, and those such that a woman gave herself entirely away from herself, in marriage, and capitulated, only to be, at best, but an upper servant, and from the time she took the man she was no better or worse than the servant among the Israelites, who had his ears bored—that is, nailed to the door-post—who by that act gave himself up to be a servant during life; that the very nature of the marriage contract was, in short, nothing but giving up liberty, estate, authority, and everything to the man, and the woman was indeed a mere woman ever after—that is to say, a slave. Roxana: The Fortunate Mistress (1724)

When we dedicate ourselves to a plan and it isn’t going as we hoped, our first instinct isn’t usually to rethink it. Instead, we tend to double down and sink more resources in the plan. This pattern is called escalation of commitment. Evidence shows that entrepreneurs persist with failing strategies when they should pivot, NBA general managers and coaches keep investing in new contracts and more playing time for draft busts, and politicians continue sending soldiers to wars that didn’t need to be fought in the first place.

lawyers. An error at the hour of signing a big contract, or negotiating an acquisition, could easily cost you millions, or be the deciding factor between summers in Ibiza with your model girlfriend or taking a consolation-prize job as product manager at Oracle instead (look,

He should have played baseball instead of being a quarterback since he’d managed to make it to third base

Japanese contracts were vague; they wouldn’t stand up in Canadian courts, for in Japan they didn’t have to. If an agreement wasn’t working out for both parties, company managers would just talk it over and settle any differences.

Over lunch he mentioned he’s been turning down modeling contracts, for sod’s sake. “It’s so embarrassing,” he said modestly. “I mean, what would Steinbeck have made of this?” I managed to smile, thinking how Modesty is Vanity’s craftier stepbrother.

How hard is it to adjust to Earth life? Many incarnated adults only seem to be “grown up.” Inwardly they’re protesting humanity still; angels in human form who never manage to accept those harsh and dumbed-down vibrational frequencies, no matter how many years they breathe air and how strongly their human hearts beat. Understandably so. Every “normal” adjustment to human life could be considered a triumph, especially in the waning years of the Age of Faith. Even if nothing else were strange about human lifetimes in this era, growing into adulthood requires decades to learn how to run the body, gain a sense of self, manage money; then, depending upon the particulars of a Life Contract, additional challenges add to every lifetime intense potential for “education.

My main working skill was Trade. The development tree for this skill featured at least thirteen different branches, including things like: Contracts, Clan Contracts, Direct Sales, Knowledge of Market, Management, Wholesale, Commission Contracts, and so on and so forth…

The federation isn’t callous. It recognizes the gravity of wiping out entire civilizations, entire species. It does so only when it has a high degree of certainty that the species in question is apt to reject any social contract that involves managed resource consumption.

Jobs’s successes came at a cost, since velvety diplomacy was still not part of his repertoire. When he decided that a division of Airborne Express wasn’t delivering spare parts quickly enough, he ordered an Apple manager to break the contract. When the manager protested that doing so could lead to a lawsuit, Jobs replied,

Perhaps managers still saw themselves in workers, people they considered their fellow Americans. I often picture it literally—three white men seated in a room, signing a contract: Walter Reuther of the United Automobile Workers; Charles Wilson, the General Motors chief executive; and President Dwight Eisenhower. Their handshakes seal the deal for a broad, white middle class. Then, in the mid-sixties, there’s a commotion at the door. Women and people of color are demanding a seat at the table, ready to join the contract for shared prosperity. But no longer able to see themselves reflected in the other signatories, the leaders of government and big business walk out, leaving workers on their own—and the Inequality Era was born.

Growing religious fundamentalism is directly linked to globalization and to privatization. The Indian government is talking about selling its entire power sector to foreign multinationals, but when the consequences of that become hard to manage, the government immediately starts saying, "Should we build the Ram temple in Ayodhya?" Everyone goes baying off in that direction. Meanwhile, contracts are signed. It's like a game. That's something we have to understand. It's like a pincer action. With one hand they're selling the country out to multinationals. With the other they're orchestrating this howling cultural nationalism. On the one hand you're saying that the world is a global village. On the other hand governments spend millions and millions patrolling their borders with nuclear weapons.

The only gold stars the CIA gives out are for death in the field, and then only to actual employees, not contracted assets. You get my appreciation.” She smiled. “You’ll get a gold star in a forgotten file when you die. It will have to wait for now, but I doubt it will wait for too long.” “With friends like you.” “All your friends fucked you over, Court. Face it, you are better off with a straight shooter like me managing you.

Some equestrians were involved in the potentially lucrative business of provincial taxation, thanks to another law of Gaius Gracchus. For it was he who first arranged that tax collecting in the new province of Asia should, like many other state responsibilities, be contracted out to private companies, often owned by equestrians. These contractors were known as publicani – ‘public service providers’ or ‘publicans’, as tax collectors are called in old translations of the New Testament, confusingly to modern readers. The system was simple, demanded little manpower on the part of the Roman state and provided a model for the tax arrangements in other provinces over the following decades (and was common in other early tax raising regimes). Periodic auctions of specific taxation rights in individual provinces took place at Rome. The company that bid the highest then collected the taxes, and anything it managed to rake in beyond the bid was its profit. To put it another way, the more the publicani could screw out of the provincials, the bigger their own take – and they were not liable to prosecution under Gaius’ compensation law. Romans had always made money out of their conquests and their empire, but increasingly there were explicitly, and even organised, commercial interests at stake.

The producer’s responsibilities include hiring and building teams; writing contracts; contributing to the game’s design; managing the team’s work schedule; balancing the game’s budget; resolving disputes between creative and programming leads; acting as the team representative to upper management and publishers; coordinating the creation of outside resources such as art, music, and cutscenes; and arranging testing and localization.

Once the managers consoldiate their position within an institution, their objective interests no longer fully correspond to the interests of the other groups involved – voters, owners, members, teachers, students or consumers. A decision on dividends, mergers, labor contracts, prices, curriculum, class size, scope of government operations, armament, strikes, etc. may serve the best interests of the manager without necessarily contributing to the well-being of the other groups.

I waited for years for my infatuation to blow over, managing it like a chronic illness. But suppression only sustains and intensifies passion instead of letting it peter out into domesticity, the way the narrow glass canyons of Manhattan Venturi the winds to a pitch that rips umbrellas inside out. Kati Jo used to say she wished Lauren and I could just fuck so I'd get it out of my system, but I never wanted anything as feasible as an affair. I never imagined that Lauren might leave her husband, or entertained shameful little daydreams about his death. The only scenario I could plausibly picture that would bring us together was not Lars's death but my own. I would contract some painless terminal illness that would entitle me to ask Lauren to sit at my bedside in my last months and read to me or bring me little sandwiches. I couldn't envision any realistic way of changing this world; what I wanted was to live in a different one. I was never really a reformer, but a utopian.

the market economy is based on cyclical consumption and it really doesn’t matter what is being produced, how it is being produced, or why. If demand or production slows, so too does the movement of money, and when this happens, the economy contracts, systemically reducing the standard of living for many. Ecologically, this means capitalism is structurally oblivious to humanity’s existence on a finite planet. The system wants to produce, not conserve. In fact, if you think about it, you will discover an interesting paradox to market logic: the fact that capitalism is a scarcity-based economic system that actually seeks infinite consumption. In other words, it favors a threshold of goods scarcity to secure competitive profits, theorized as a model to properly manage scarcity, optimizing resource use and distribution. Yet, at the same time, the system demands more and more human dissatisfaction and “want” in order to function and grow. It rewards consumption, with no inherent incentive to conserve anything.

The upper management team had informed me that an employee that worked for me was a poor performer and would be terminated soon. This employee was clearly displaying mental health issues that were causing problems in the workplace. When I followed the company procedures and reported this to human resources, their response was to inform me that my contract would not be renewed and I would be immediately fired if anyone complained about me. This was my introduction to how mental health issues are handled in the USA.

Originally, the word power meant able to be. In time, it was contracted to mean to be able. We suffer the difference. Iwas waiting for a plane when I overheard two businessmen. One was sharing the good news that he had been promoted, and the other, in congratulation, said, “More power to you.” I've heard this expression before, but for some reason, I heard it differently this time and thought, what a curious sentiment. As a good wish, the assumption is that power is the goal. Of course, it makes a huge difference if we are wishing others worldly power or inner power. By worldly power, I mean power over things, people, and situations—controlling power. By inner power, I mean power that comes from being a part of something larger—connective power. I can't be certain, but I'm fairly sure the wish here was for worldly power, for more control. This is commonplace and disturbing, as the wish for more always issues from a sense of lack. So the wish for more power really issues from a sense of powerlessness. It is painfully ironic that in the land of the free, we so often walk about with an unspoken and enervating lack of personal freedom. Yet the wish for more controlling power will not set us free, anymore than another drink will quench the emptiness of an alcoholic in the grip of his disease. It makes me think of a game we played when I was nine called King of the Hill, in which seven or eight of us found a mound of dirt, the higher the better, and the goal was to stand alone on top of the hill. Once there, everyone else tried to throw you off, installing themselves as King of the Hill. It strikes me now as a training ground for worldly power. Clearly, the worst position of all is being King of the Hill. You are completely alone and paranoid, never able to trust anyone, constantly forced to spin and guard every direction. The hills may change from a job to a woman to a prized piece of real estate, but those on top can be so enslaved by guarding their position that they rarely enjoy the view. I always hated King of the Hill—always felt tense in my gut when king, sad when not, and ostracized if I didn't want to play. That pattern has followed me through life. But now, as a tired adult, when I feel alone and powerless atop whatever small hill I've managed to climb, I secretly long for anyone to join me. Now, I'm ready to believe there's more power here together.

I was wondering how Ms. Hetley, who seemed to occupy just about every slot on the New York Times hardback, paperback, and e-book bestseller lists, had managed to wring eight five-hundred-page installments out of the concept of wars between rival gangs of vampires and wizards when it seemed obvious to me that all a wizard would have to do to kick a vampire's ass was pounce on it during the day while it was sleeping. How could anyone take this stuff seriously, I wondered. Hetley's graphic depictions of wizard-on-vampire sex, which was creating a bloodthirsty, mutant race of evil, soulless 'vampards', seemed absurd.

Fitz sat in a green leather armchair. To Ethel’s surprise, Albert Solman was there, too, in a black suit and a stiff-collared shirt. A lawyer by training, Solman was what Edwardian gentlemen called a man of business. He managed Fitz’s money, checking his income from coal royalties and rents, paying the bills, and issuing cash for staff wages. He also dealt with leases and other contracts, and occasionally brought lawsuits against people who tried to cheat Fitz. Ethel had met him before and did not like him. She thought he was a know-all. Perhaps all lawyers were; she did not know: he was the only one she had ever met.

The explosion was deafening; a huge cloud of fire rolled out the window after us, its immense heat brushing my face as we tumbled into the snow. We hit the ground and rolled. Flaming debris from the house came down around us; Griffin shoved me flat on my back, covering us both with his heavy coat. The echoes of the explosion reflected back across the river, then slowly dwindled away, like dying thunder. The leaping flames threw warm light onto the falling snow, turning it into a storm of sparks pouring down from the heavens. Griffin started to push himself off of me, then stoped. His hands were braced on either side of my shoulders, his legs twined with mine. Mt heart pounded, my palms sweated, and I was suddenly, acutely aware of how close his face was to mine. "You're a madman," he whispered. "An utter madman." "Perhaps," I allowed. "But it worked." The leaping light from the burning house painted his features in gold, highlighting his patrician nose and finding threads of brown and blue in his green eyes. His pupils widened, the irises contracting to silver. "Whatever am I going to do with you?" he murmured. The warmth of his breath feathered over my skin. Heat collected in my groin, my lips. My mouth was dry, my voice hoarse, and perhaps he was right and it was madness when I whispered, "Whatever you want." A shiver went through his body, perhaps because we were lying on the cold ground. But instead of getting up, he leaned closer, his overlong hair tumbling over his forehead. He paused, his mouth almost touching mine, his eyes seeming to ask a question. It was madness; it was folly; it was sheer selfishness. I was delusional, misguided, wrong, out of control. I needed to pull back, to say something sane, to re-establish mastery over myself. I could not do this. I could not take the risk. Later tonight, I'd relive this moment in my lonely bed and wonder if I'd done the right thing. But at least that would be familiar, would be something I knew how to cope with. And yet the very thought felt like dying. I surged forward, crossing the final, tiny gap and pressing my lips to his. It was awkward and desperate and frantic, but the feel of his mouth against mine sent a bolt of electricity straight down my spine. Just a moment, just this one kiss, surely that would be enough... Then he kissed me back, and it would never be enough, a thousand years of this would not be enough. His mouth was hungry and insistent, his tongue probing my lips, asking for greater intimacy. I granted it, tongues swirling together, mine followed his when it retreated and tasting him in return. There came the clanging of bells in the distance, the fire company alerted to the explosion. Griffin drew back a fraction. His breath was as raged as mine, which left me dazed with wonder. "My dear," he whispered against my lips. Then he swallowed convulsively. "We should leave, before the fire companies come." "Y-Yes." It was amazing I managed that much coherence. He closed his eyes and leaned his forehead against mine, our breaths mingling. "Will you come home with me?" Was he asking...? "Yes." Oh, God, yes. His lips curved into a smile.

Hey Blake, how’s it hanging?” She questioned, looking through me at Blake, obviously ignoring my presence. She looked smug at the double meaning in her sentence. Blake furrowed his eyebrows. Brianna only talked to him on rare occasions when she bumped into us at my house. He must have been confused as to why she approached us in public, considering how she and I weren’t friends even in the slightest sense. Ignoring the fact that she was talking to Blake and not me, I spoke. “Longer than anything you’ve ever sucked.” Blake’s eyes widened for a second before he bit his lip to keep from laughing. Brianna turned toward me with cold eyes, her smile gone. “Not like you would know, Virgin Violet.” Her cohorts laughed and smiled like that was the funniest thing they had heard in their entire lives. “You know I really do admire you, Bri Bri.” I smiled sweetly, leaning forward as I placed my hand on her shoulder. “The fact that you’ve had so many fuck buddies this summer and still have not managed to contract some kind of STI or gotten pregnant really does inspire me.” I smirked wickedly. “At least from my knowledge you haven’t.” The look that came to her face made me want to buckle over with laughter. She looked flustered, angry, and embarrassed all at the same time. Maybe I hit a soft spot.

Complex operations, in which agencies assume complementary roles and operate in close proximity-often with similar missions but conflicting mandates-accentuate these tensions. The tensions are evident in the processes of analyzing complex environments, planning for complex interventions, and implementing complex operations. Many reports and analyses forecast that these complex operations are precisely those that will demand our attention most in the indefinite future. As essayist Barton and O'Connell note, our intelligence and understanding of the root cause of conflict, multiplicity of motivations and grievances, and disposition of actors is often inadequate. Moreover, the problems that complex operations are intended and implemented to address are convoluted, and often inscrutable. They exhibit many if not all the characteristics of "wicked problems," as enumerated by Rittel and Webber in 1973: they defy definitive formulations; any proposed solution or intervention causes the problem to mutate, so there is no second chance at a solution; every situation is unique; each wicked problem can be considered a symptom of another problem. As a result, policy objectives are often compound and ambiguous. The requirements of stability, for example, in Afghanistan today, may conflict with the requirements for democratic governance. Efforts to establish an equitable social contract may well exacerbate inter-communal tensions that can lead to violence. The rule of law, as we understand it, may displace indigenous conflict management and stabilization systems. The law of unintended consequences may indeed be the only law of the land. The complexity of the challenges we face in the current global environment would suggest the obvious benefit of joint analysis - bringing to bear on any given problem the analytic tools of military, diplomatic and development analysts. Instead, efforts to analyze jointly are most often an afterthought, initiated long after a problem has escalated to a level of urgency that negates much of the utility of deliberate planning.

Bob Cavallo remembers early on in the process, ‘We were at odds with each other. Our contract was up; five years had gone by since Purple Rain. We met at the Four Seasons with his lawyer and his accountant, me and Steve Fargnoli to discuss some kind of rapprochement because he had fired us. Basically he said, “I’ll work with you again but you’ve got to help me make this movie.” I read the treatment and said, “This could be an interesting thing,” and I said, “I’ll try to put you together with some young hip writers and maybe we can come up with a script quickly, ’cause this is pretty detailed.” And he went, “What are you talking about? That is the script.” It was thirty pages. And he said, “I’m going to shoot it, I know exactly how to do it.” So I said, “Maybe we could get this on Broadway for you. Would you be interested in that?” And he said, “No.” Now he was pissed that I didn’t think this was a good enough script, so we shook hands and that was the end of it. Then, about a year later, we were suing each other. But even when we sued each other, it was kinda funny. I said, “How could you not pay me?” He said, “How could you sue me?” He said, “You can’t have my children, those songs. You’re gonna give your involvement in those songs to your grandchildren?” And I said, “Yeah, I put ten years of my life into you, and you sucked all the air out of the room. I couldn’t really manage anybody else except for your friends.

With unsteady hands, Phillip yanked on the mare’s bridle straps while trying to loosen one of the stubborn buckles. She snorted at his rough handling. Totka appeared beside him. “Let me.” Phillip gratefully released the task, an unexpected sense of brotherhood filling him. If anyone knew the heartache of separation, it was the man whose deft brown hands readied Phillip’s mount for the long road ahead. Totka’s own road had been lengthy. And yet, after two years, he somehow managed to continue to place one foot in front of the other. His breath still entered and left his body in the same monotonous pattern. How? When already several times over the half-day since Grayson had ridden out with Milly, Phillip had wondered if his chest might explode with the effort of expanding and contracting without her.

GET BEYOND THE ONE-MAN SHOW Great organizations are never one-man operations. There are 22 million licensed small businesses in America that have no employees. Forbes suggests 75 percent of all businesses operate with one person. And the average income of those companies is a sad $44,000. That’s not a business—that’s torture. That is a prison where you are both the warden and the prisoner. What makes a person start a business and then be the only person who works there? Are they committed to staying small? Or maybe an entrepreneur decides that because the talent pool is so poor, they can’t hire anyone who can do it as well as them, and they give up. My guess is the latter: Most people have just given up and said, “It’s easier if I just do it myself.” I know, because that’s what I did—and it was suicidal. Because my business was totally dependent on me and only me, I was barely able to survive, much less grow, for the first ten years. Instead I contracted another company to promote my seminars. When I hired just one person to assist me out of my home office, I thought I was so smart: Keep it small. Keep expenses low. Run a tight ship. Bigger isn’t always better. These were the things I told myself to justify not growing my business. I did this for years and even bragged about how well I was doing on my own. Then I started a second company with a partner, a consulting business that ran parallel to my seminar business. This consulting business quickly grew bigger than my first business because my partner hired people to work for us. But even then I resisted bringing other people into the company because I had this idea that I didn’t want the headaches and costs that come with managing people. My margins were monster when I had no employees, but I could never grow my revenue line without killing myself, and I have since learned that is where all my attention and effort should have gone. But with the efforts of one person and one contracted marketing company, I could expand only so much. I know that a lot of speakers and business gurus run their companies as one-man shows. Which means that while they are giving advice to others about how to grow a business, they may have never grown one themselves! Their one-man show is simply a guy or gal going out, collecting a fee, selling time and a few books. And when they are out speaking, the business terminates all activity. I started studying other people and companies that had made it big and discovered they all had lots of employees. The reality is you cannot have a great business if it’s just you. You need to add other people. If you don’t believe me, try to name one truly great business that is successful, ongoing, viable, and growing that doesn’t have many people making it happen. Good luck. Businesses are made of people, not just machines, automations, and technology. You need people around you to implement programs, to add passion to the technology, to serve customers, and ultimately to get you where you want to go. Consider the behemoth online company Amazon: It has more than 220,000 employees. Apple has more than 100,000; Microsoft has around the same number. Ernst & Young has more than 200,000 people. Apple calls the employees working in its stores “Geniuses.” Don’t you want to hire employees deserving of that title too? Think of how powerful they could make your business.

The sexual segregation of the labour force, and the preservation of workplaces as arenas for fraternal solidarity, have remained remarkably stable during the twentieth century.59 Most women can find paid employment only in a narrow range of low-status, low-paid occupations, where they work alongside other women and are managed by men, and, despite equal-pay legislation, they earn less than men. Marriage thus remains economically advantageous for most women. Moreover, the social pressures for women to become wives are as compelling as the economic. Single women lack a defined and accepted social place; becoming a man’s wife is still the major means through which most women can find a recognized social identity. More fundamentally, if women exercised their freedom to remain single on a large scale, men could not become husbands – and the sexual contract would be shaken.

This is related to the phenomenon of the Professional Smile, a national pandemic in the service industry; and noplace in my experience have I been on the receiving end of as many Professional Smiles as I am on the Nadir, maître d’s, Chief Stewards, Hotel Managers’ minions, Cruise Director—their P.S.’s all come on like switches at my approach. But also back on land at banks, restaurants, airline ticket counters, on and on. You know this smile—the strenuous contraction of circumoral fascia w/ incomplete zygomatic involvement—the smile that doesn’t quite reach the smiler’s eyes and that signifies nothing more than a calculated attempt to advance the smiler’s own interests by pretending to like the smilee. Why do employers and supervisors force professional service people to broadcast the Professional Smile? Am I the only consumer in whom high doses of such a smile produce despair? Am I the only person who’s sure that the growing number of cases in which totally average-looking people suddenly open up with automatic weapons in shopping malls and insurance offices and medical complexes and McDonald’ses is somehow causally related to the fact that these venues are well-known dissemination-loci of the Professional Smile? Who do they think is fooled by the Professional Smile? And yet the Professional Smile’s absence now also causes despair. Anybody who’s ever bought a pack of gum in a Manhattan cigar store or asked for something to be stamped FRAGILE at a Chicago post office or tried to obtain a glass of water from a South Boston waitress knows well the soul-crushing effect of a service worker’s scowl, i.e. the humiliation and resentment of being denied the Professional Smile. And the Professional Smile has by now skewed even my resentment at the dreaded Professional Scowl: I walk away from the Manhattan tobacconist resenting not the counterman’s character or absence of goodwill but his lack of professionalism in denying me the Smile. What a fucking mess.

The flowering of the consumerist ethic is manifested most clearly in the food market. Traditional agricultural societies lived in the awful shade of starvation. In the affluent world of today one of the leading health problems is obesity, which strikes the poor who stuff themselves with hamburgers and pizzas even more severely than the rich who eat organic salads and fruit smoothies. Each year the US population spends more money on diets than the amount needed to feed all the hungry people in the rest of the world. Obesity is a double victory for consumerism. Instead of eating little, which will lead to economic contraction, people eat too much and then buy diet products – contributing to economic growth twice over. In medieval Europe, aristocrats spent their money carelessly on extravagant luxuries, whereas peasants lived frugally, minding every penny. Today, the tables have turned. The rich take great care managing their assets and investments, while the less well heeled go into debt buying cars and televisions they don’t really need.

once been a benefit to those now complaining. Back in the days when there was too much capacity, importers exploited the flexibility of contracts. Their deals obligated carriers to move a minimum number of boxes at a set price. But if the customer opted to move fewer, they did not have to pay a penalty. Now, the dynamic had reversed. Supply was tight, prices were astronomical, and the carriers were behaving like miners unleashed on a gold rush. The niceties of their previous dealings were ditched in the pursuit of a frenzied reach for lucre. “This is arguably the largest driver of the increased cost of consumer goods in our country,” Delves said. “This surpasses any tariff that’s put on anything.” There were certainly other factors behind soaring prices. Governments in major economies had dispensed cash to their citizens to help them manage the economic strains of the pandemic, which had boosted spending power. Decades of consolidation in many industries—from meatpacking to telecommunications—had placed companies in position to exploit disruptions as an opportunity to lift prices.

Seeing that I would never manage to fall asleep, I arose, lit a candle, and after dressing went outside. Beneath the dull glow of the winter moon the snow glowed like pale blue china. The sidewalks sparkled weakly beneath the rays of the flickering street lamps; the benumbed streets slumbered forlornly. I walked, passing one corner after the other, and suddenly found myself on the edge of town. Further, beyond the square, an endless expanse began to glisten with a somber silverness. I stopped just before the gates. My intent gaze could distinguish nothing in the distant white expanse. Before me rose the imposing bank of the Volga like a gigantic snowdrift. So barren and uninviting was this deserted view resembling eternity that my heart contracted. I turned to the right and approached quite close to the monastery enclosure. From behind the bronze gates, glimmered a dense net of crosses and gravestones. The ancient eyes of the church gazed forbiddingly down on me, and with an eerie feeling I thought of the monks sleeping at this moment in tomb-like cells together with corpses. Were any of them thinking of the hour of death on this night? ("Lamia")

Managerial abilities, bureaucratic skills, technical expertise, and political talent are all necessary, but they can be applied only to goals that have already been defined by military policies, broad and narrow. And those policies can be only as good as strategy, operational art of war, tactical thought, and plain military craft that have gone into their making. At present, the defects of structure submerge or distort strategy and operational art, they out rightly suppress tactical ingenuity, and they displace the traditional insights and rules of military craft in favor of bureaucratic preferences, administrative convenience, and abstract notions of efficiency derived from the world of business management. First there is the defective structure for making of military decisions under the futile supervision of the civilian Defense Department; then come the deeply flawed defense policies and military choices, replete with unnecessary costs and hidden risks; finally there come the undoubted managerial abilities, bureaucratic skills, technical expertise, and political talents, all applied to achieve those flawed policies and to implement those flawed choices. By this same sequence was the fatally incomplete Maginot Line built, as were all the Maginot Lines of history, each made no better by good government, technical talent, careful accounting, or sheer hard work. Hence the futility of all the managerial innovations tried in the Pentagon over the years. In the purchasing of weapons, for example, “total package” procurement, cost plus incentive contracting, “firm fixed price” purchasing have all been introduced with much fanfare, only to be abandoned, retried, and repudiated once again. And each time a new Secretary of Defense arrives, with him come the latest batch of managerial innovations, many of them aimed at reducing fraud, waste, and mismanagement-the classic trio endlessly denounced in Congress, even though they account for mere percentage points in the total budget, and have no relevance at all to the failures of combat. The persistence of the Administrator’s Delusion has long kept the Pentagon on a treadmill of futile procedural “reforms” that have no impact at all on the military substance of our defense. It is through strategy, operational art, tactical ingenuity, and military craft that the large savings can be made, and the nation’s military strength greatly increased, but achieving long-overdue structural innovations, from the central headquarters to the combat forces, from the overhead of bases and installations to the current purchase of new weapons. Then, and only then, will it be useful to pursue fraud, waste, and mismanagement, if only to save a few dollars more after the billions have already been saved. At present, by contrast, the Defense Department administers ineffectively, while the public, Congress, and the media apply their energies to such petty matters as overpriced spare parts for a given device in a given weapon of a given ship, overlooking at the same time the multibillion dollar question of money spent for the Navy as a whole instead of the Army – whose weakness diminishes our diplomatic weight in peacetime, and which could one day cause us to resort to nuclear weapons in the face of imminent debacle. If we had a central military authority and a Defense Department capable of strategy, we should cheerfully tolerate much fraud, waste, and mismanagement; but so long as there are competing military bureaucracies organically incapable of strategic combat, neither safety nor economy will be ensured, even if we could totally eliminate every last cent of fraud, waste, and mismanagement.

The damned alarm went off in the middle of the hottest fuck Nick had ever had. He came up out of the dream roaring like an angry bear and practically slapped the clock off the nightstand in his efforts to shut it off. There was no going back to sleep, not with his heart hammering and his dick stretching out between his legs like it owned the place. Cursing between his teeth, he stumbled to the bathroom with only one eye half open. Not bothering with the stop at the commode for the piss he knew he couldn’t manage as hard as he was, he shoved his way into the shower and cranked the hot water. No cold showers this morning. He had every intention of giving this dream a good send-off. For a minute he leant against the wall, letting the jets from the shower massage work their magic. Then, when he was nice and wet, he soaped up, still not bothering to open his eyes, still doing his best to capture the vivid images from his dream. Once his chest and armpits, lower back and arse were well lathered, he went to work where he needed it most. And when his pubes felt like they were mounded in thick whipped cream, he closed his fist around his sudsy hard-on and began to stroke, letting the dream flood full-on back into his head.

It takes the better part of those months for Herr Thiessen to complete the clock. He works on little else, though the sum of money involved makes the arrangement more than manageable. Weeks are spent on the design and the mechanics. He hires an assistant to complete some of the basic woodwork, but he takes care of all the details himself. Herr Thiessen loves details and he loves a challenge. He balances the entire design on that one specific word Mr. Barris used. Dreamlike. The finished clock is resplendent. At first glance it is simply a clock, a rather large black clock with a white face and a silver pendulum. Well crafted, obviously, with intricately carved woodwork edges and a perfectly painted face, but just a clock. But that is before it is wound. Before it begins to tick, the pendulum swinging steadily and evenly. Then, then it becomes something else. The changes are slow. First, the color changes in the face, shifts from white to grey, and then there are clouds that float across it, disappearing when they reach the opposite side. Meanwhile, bits of the body of the clock expand and contract, like pieces of a puzzle. As thought clock is falling apart, slowly and gracefully. All of this takes hours. The face of the clock becomes a darker grey, and then black, with twinkling stars where the numbers had been previously. The body of the clock, which has been methodically turning itself inside out and expanding, is now entirely subtle shades of white and grey. And it is not just pieces, it is figures and objects, perfectly carved flowers and planets and tiny books with actually paper pages that turn. There is a silver dragon curls around part of the now visible clockwork, a tiny princess in a carved tower who paces in distress awaiting an absent prince. Teapots that our into teacups and minuscule curls of steam that rise from them as the seconds tick. Wrapped presents open. Small cats chase small dogs. An entire game of chess is played. At the center, where a cuckoo bird would live in a more traditional timepiece, is the juggler. Dressed in harlequin style with a grey mask, he juggles shiny silver balls that correspond to each hour. As the hour chimes, another ball joins the rest until at midnight he juggles twelve balls in a complex pattern. After midnight the clock begins once more to fold in upon itself. The face lightens and the colds return. The number of juggled balls decreases until the juggler himself vanishes. By noon it is a clock again, and no longer a dream.

Hamilton argued that the security of liberty and property were inseparable and that governments should honor their debts because contracts formed the basis of public and private morality: “States, like individuals, who observe their engagements are respected and trusted, while the reverse is the fate of those who pursue an opposite conduct.”The proper handling of government debt would permit America to borrow at affordable interest rates and would also act as a tonic to the economy. Used as loan collateral, government bonds could function as money—and it was the scarcity of money, Hamilton observed, that had crippled the economy and resulted in severe deflation in the value of land. America was a young country rich in opportunity. It lacked only liquid capital, and government debt could supply that gaping deficiency. The secret of managing government debt was to fund it properly by setting aside revenues at regular intervals to service interest and pay off principal. Hamilton refuted charges that his funding scheme would feed speculation. Quite the contrary: if investors knew for sure that government bonds would be paid off, the prices would not fluctuate wildly, depriving speculators of opportunities to exploit. What mattered was that people trusted the government to make good on repayment: “In nothing are appearances of greater moment than in whatever regards credit. Opinion is the soul of it and this is affected by appearances as well as realities.” Hamilton intuited that public relations and confidence building were to be the special burdens of every future treasury secretary.

There’s no efficient way to kill yourself with a dressmaker’s pin (I wouldn’t call contracting gangrene an efficient way to kill yourself) – I puzzled over it for a long time, seeing as they’d left the pins there, but it’s just not possible. Useful for picking locks though. I so loved the burglary lessons we got when we were training. Didn’t so much enjoy the bleak aftermath of my unsuccessful attempt to put them to use – very good at picking locks but not so good at getting out of the building. Our prison cells are only hotel bedrooms, but we are guarded like royalty. And also, there are dogs. After that episode with the pins, they had a good go at making sure I wouldn’t be able to walk if I did manage to get out – don’t know where you pick up the skills for disabling a person without actually breaking her legs, Nazi School of Assault and Battery? Like everything else it wasn’t permanent damage, nothing left this week but the bruises, and they check me carefully now for stray bits of metal. I got caught yesterday trying to hide a pen nib in my hair (I didn’t have a plan for it, but you never know). Oh – often I forget I am not writing this for myself, and then it’s too late to scratch it out. The evil Engel always snatches everything away from me and raises an alarm if she sees me trying to retract anything. Yesterday I tried ripping off the bottom of the page and eating it, but she got to it first. (It was when I realised I had thoughtlessly mentioned the factory at Swinley. It is refreshing sometimes to fight with her. She has the advantage of freedom, but I am a lot more imaginative. Also I am willing to use my teeth which she is squeamish about.) Where was I? Hauptsturmführer von Linden has taken away everything I wrote yesterday. It is your own fault, you cold and soulless Jerry bastard, if I repeat myself.

Then, as if he’d figured out what produced the maximum reaction in her, he switched back to Chopin. Just like that night in her childhood, the music slipped past her defenses and produced a deep contraction inside her, equal parts pain and pleasure. It went deeper still, until the tears began to rise, and she could only sit there, crying, trying to display only her expressionless left side so he wouldn’t notice. She’d been numb and it had felt good. Okay, not good. But safe. Manageable. He kept playing, soulful, stirring pieces that seemed chosen for their ability to pierce her heart deeper, deeper. She was crying audibly now, and he stopped and regarded her impassively. It couldn’t have been more awkward. She worked to compose herself and only then did she look up and meet his eyes. “Well,” he said, “I think it’s safe to say that dance is not done with you yet.” She stared at him in disbelief. “You did this on purpose. Tried to provoke a reaction.” “I suppose I did.” What a horrible, disreputable person he was. No wonder Misha had seemed anxious about having him around this weekend. “That was a pretty shitty thing to do.” “Not at all,” he replied. “I was just helping you see where you stand with your art. You need it. It nourishes you. That’s not going to go away just because you’re sidelined for a year or two.” “Two years?” She wasn’t sure which appalled her more, his words or his casual attitude. “Whatever. Point being, you’re still a dancer. It couldn’t be more obvious. That gorgeous body of yours, the way it moves. The way you’re sitting there now, all swept away by the music. You’re a dancer. You can’t not be one. Ever.” The truth of this, the twin emotions of fragile hope and crushing despair, crashed into her. He was right. And right then, the truth hurt. Now that the numbness was gone, it all hurt. The tears rose up again and spilled out. She heard Misha come in through the front door. David looked anxious. “Look, Dena. I just want to make sure you’re looking at the issue clearly.” Misha

In the very midst of this panic came the news that the steamer Central America, formerly the George Law, with six hundred passengers and about sixteen hundred thousand dollars of treasure, coming from Aspinwall, had foundered at sea, off the coast of Georgia, and that about sixty of the passengers had been providentially picked up by a Swedish bark, and brought into Savannah. The absolute loss of this treasure went to swell the confusion and panic of the day. A few days after, I was standing in the vestibule of the Metropolitan Hotel, and heard the captain of the Swedish bark tell his singular story of the rescue of these passengers. He was a short, sailor-like-looking man, with a strong German or Swedish accent. He said that he was sailing from some port in Honduras for Sweden, running down the Gulf Stream off Savannah. The weather had been heavy for some days, and, about nightfall, as he paced his deck, he observed a man-of-war hawk circle about his vessel, gradually lowering, until the bird was as it were aiming at him. He jerked out a belaying pin, struck at the bird, missed it, when the hawk again rose high in the air, and a second time began to descend, contract his circle, and make at him again. The second time he hit the bird, and struck it to the deck. . . . This strange fact made him uneasy, and he thought it betokened danger; he went to the binnacle, saw the course he was steering, and without any particular reason he ordered the steersman to alter the course one point to the east. After this it became quite dark, and he continued to promenade the deck, and had settled into a drowsy state, when as in a dream he thought he heard voices all round his ship. Waking up, he ran to the side of the ship, saw something struggling in the water, and heard clearly cries for help. Instantly heaving his ship to, and lowering all his boats, he managed to pick up sixty or more persons who were floating about on skylights, doors, spare, and whatever fragments remained of the Central America. Had he not changed the course of his vessel by reason of the mysterious conduct of that man-of-war hawk, not a soul would probably have survived the night.

Dammit, Holly, I'd never have believed you'd do something so harebrained. Do you understand that the building could have collapsed around you and those henwits? I know what condition those places are in, and I wouldn't let a dog of mine venture past the threshold, much less my wife. And the men—good God, when I think of the low-living bastards who were in your vicinity, it makes my blood curdle! Sailors and drunkards on every corner—do you know what would happen if one of them took it into his head to snap up a little treat like you?” As the thought seemed to temporarily render him incapable of speech, Holly took the opportunity to defend herself. “I was with companions, and—” “Ladies,” he said savagely. “Armed with umbrellas, no doubt. Just what do you think they would have been able to do, had you met with bad company?” “The few men we encountered in the neighborhood were harmless,” Holly argued. “In fact, it was the very same place you lived in during your childhood, and those men were no different from you—” “In those days, I'd have played merry hell with you, if I'd managed to get my hands on you,” he said harshly. “Have no illusions, milady… you'd have ended face-to-the wall in Maidenhead Lane with your skirts around your waist. The only wonder is that you didn't meet that fate with some randy sailor yesterday.” “You're exaggerating,” Holly said defensively, but that only roused his temper to a higher pitch. He continued to blister her ears with a lecture that was furious and insulting by turns, naming the various diseases she could have contracted and the vermin she had likely encountered, until Holly couldn't bear another word. “I've heard enough,” she cried hotly. “It's clear to me that I'm not to make a single decision without asking your permission first—I'm to be treated as a child, and you will act as a dictator.” The accusation was unfair, and she knew it, but she was too incensed to care. Suddenly his fury seemed to evaporate, and he stared at her with an inscrutable gaze. A long moment passed before he spoke again. “You wouldn't have taken Rose to such a place, would you?” “Of course not! But she is a little girl, and I'm—” “My life,” he interrupted quietly. “You're my entire life. If anything ever happens to you, Holly, there is nothing left for me.

How did you convince her to remarry you?” Tomas asked curiously, drawing Radcliffe from his thoughts. Making a face, he admitted, “I had to draw up a contract stating that I would never again condescend to her. That I would discuss business with her on a daily basis were she interested, and…” “And?” He sighed unhappily. “And that I would take her to my club dressed as a man.” Tomas gave a start. “What?” “Shh,” Radcliffe cautioned, glancing nervously around to be sure that they had not been overheard. No one seemed to be paying attention to them. Most of the guests were casting expectant glances toward the back of the church, hoping to spot the brides who should have been there by now. Glancing back to Tomas, he nodded. “She was quite adamant about seeing the club. It seems she was jealous of Beth’s getting with those ‘hallowed halls’-her words, not mine-and she was determined to see inside for herself.” “Have you taken her there yet?” “Nay, nay. I managed to put her off for quite some time, and then by the time she lost her patience with my stalling, she was with child and did not think the smoky atmosphere would be good for the baby. I am hoping by the time it is born and she is up and about again, she will have forgotten-“ A faint shriek from outside the church made him pause and stiffen in alarm. “That sounded like Charlie.” Turning, he hurried toward the back of the church with Tomas on his heel. Crashing through the church doors, they both froze at the top of the steps and gaped at the spectacle taking place on the street below. Charlie and Beth, in all their wedding finery, were in the midst of attacking what appeared to be a street vendor. Flowers were flying through the air as they both pummeled the man with their bouquets and shouted at him furiously. “Have I mentioned, Radcliffe, how little I appreciate the effect your wife has had on mine?” Tomas murmured suddenly, and Radcliffe glanced at him with amazement. “My wife? Good Lord, Tomas, you cannot blame Beth’s sudden change on Charlie. They grew up together, for God’s sake. After twenty years of influence, she was not like this.” Tomas frowned. “I had not thought of that. What do you suppose did it, then?” Radcliffe grinned slightly. “The only new thing in her life is you.” Tomas was gaping over that truth when Stokes slipped out of the church to join them. “Oh, dear. Lady Charlie and Lady Beth are hardly in the condition for that sort of behavior.

Less is more. “A few extremely well-chosen objectives,” Grove wrote, “impart a clear message about what we say ‘yes’ to and what we say ‘no’ to.” A limit of three to five OKRs per cycle leads companies, teams, and individuals to choose what matters most. In general, each objective should be tied to five or fewer key results. (See chapter 4, “Superpower #1: Focus and Commit to Priorities.”) Set goals from the bottom up. To promote engagement, teams and individuals should be encouraged to create roughly half of their own OKRs, in consultation with managers. When all goals are set top-down, motivation is corroded. (See chapter 7, “Superpower #2: Align and Connect for Teamwork.”) No dictating. OKRs are a cooperative social contract to establish priorities and define how progress will be measured. Even after company objectives are closed to debate, their key results continue to be negotiated. Collective agreement is essential to maximum goal achievement. (See chapter 7, “Superpower #2: Align and Connect for Teamwork.”) Stay flexible. If the climate has changed and an objective no longer seems practical or relevant as written, key results can be modified or even discarded mid-cycle. (See chapter 10, “Superpower #3: Track for Accountability.”) Dare to fail. “Output will tend to be greater,” Grove wrote, “when everybody strives for a level of achievement beyond [their] immediate grasp. . . . Such goal-setting is extremely important if what you want is peak performance from yourself and your subordinates.” While certain operational objectives must be met in full, aspirational OKRs should be uncomfortable and possibly unattainable. “Stretched goals,” as Grove called them, push organizations to new heights. (See chapter 12, “Superpower #4: Stretch for Amazing.”) A tool, not a weapon. The OKR system, Grove wrote, “is meant to pace a person—to put a stopwatch in his own hand so he can gauge his own performance. It is not a legal document upon which to base a performance review.” To encourage risk taking and prevent sandbagging, OKRs and bonuses are best kept separate. (See chapter 15, “Continuous Performance Management: OKRs and CFRs.”) Be patient; be resolute. Every process requires trial and error. As Grove told his iOPEC students, Intel “stumbled a lot of times” after adopting OKRs: “We didn’t fully understand the principal purpose of it. And we are kind of doing better with it as time goes on.” An organization may need up to four or five quarterly cycles to fully embrace the system, and even more than that to build mature goal muscle.

Was this luck, or was it more than that? Proving skill is difficult in venture investing because, as we have seen, it hinges on subjective judgment calls rather than objective or quantifiable metrics. If a distressed-debt hedge fund hires analysts and lawyers to scrutinize a bankrupt firm, it can learn precisely which bond is backed by which piece of collateral, and it can foresee how the bankruptcy judge is likely to rule; its profits are not lucky. Likewise, if an algorithmic hedge fund hires astrophysicists to look for patterns in markets, it may discover statistical signals that are reliably profitable. But when Perkins backed Tandem and Genentech, or when Valentine backed Atari, they could not muster the same certainty. They were investing in human founders with human combinations of brilliance and weakness. They were dealing with products and manufacturing processes that were untested and complex; they faced competitors whose behaviors could not be forecast; they were investing over long horizons. In consequence, quantifiable risks were multiplied by unquantifiable uncertainties; there were known unknowns and unknown unknowns; the bracing unpredictability of life could not be masked by neat financial models. Of course, in this environment, luck played its part. Kleiner Perkins lost money on six of the fourteen investments in its first fund. Its methods were not as fail-safe as Tandem’s computers. But Perkins and Valentine were not merely lucky. Just as Arthur Rock embraced methods and attitudes that put him ahead of ARD and the Small Business Investment Companies in the 1960s, so the leading figures of the 1970s had an edge over their competitors. Perkins and Valentine had been managers at leading Valley companies; they knew how to be hands-on; and their contributions to the success of their portfolio companies were obvious. It was Perkins who brought in the early consultants to eliminate the white-hot risks at Tandem, and Perkins who pressed Swanson to contract Genentech’s research out to existing laboratories. Similarly, it was Valentine who drove Atari to focus on Home Pong and to ally itself with Sears, and Valentine who arranged for Warner Communications to buy the company. Early risk elimination plus stage-by-stage financing worked wonders for all three companies. Skeptical observers have sometimes asked whether venture capitalists create innovation or whether they merely show up for it. In the case of Don Valentine and Tom Perkins, there was not much passive showing up. By force of character and intellect, they stamped their will on their portfolio companies.

Another dangerous neoliberal word circulating everywhere that is worth zooming in on is the word ‘resilience’. On the surface, I think many people won’t object to the idea that it is good and beneficial for us to be resilient to withstand the difficulties and challenges of life. As a person who lived through the atrocities of wars and sanctions in Iraq, I’ve learnt that life is not about being happy or sad, not about laughing or crying, leaving or staying. Life is about endurance. Since most feelings, moods, and states of being are fleeting, endurance, for me, is the common denominator that helps me go through the darkest and most beautiful moments of life knowing that they are fleeing. In that sense, I believe it is good for us to master the art of resilience and endurance. Yet, how should we think about the meaning of ‘resilience’ when used by ruling classes that push for wars and occupations, and that contribute to producing millions of deaths and refugees to profit from plundering the planet? What does it mean when these same warmongers fund humanitarian organizations asking them to go to war-torn countries to teach people the value of ‘resilience’? What happens to the meaning of ‘resilience’ when they create frighteningly precarious economic structures, uncertain employment, and lay off people without accountability? All this while also asking us to be ‘resilient’… As such, we must not let the word ‘resilience’ circulate or get planted in the heads of our youth uncritically. Instead, we should raise questions about what it really means. Does it mean the same thing for a poor young man or woman from Ghana, Ecuador, Afghanistan vs a privileged member from the upper management of a U.S. corporation? Resilience towards what? What is the root of the challenges for which we are expected to be resilient? Does our resilience solve the cause or the root of the problem or does it maintain the status quo while we wait for the next disaster? Are individuals always to blame if their resilience doesn’t yield any results, or should we equally examine the social contract and the entire structure in which individuals live that might be designed in such a way that one’s resilience may not prevail no matter how much perseverance and sacrifice one demonstrates? There is no doubt that resilience, according to its neoliberal corporate meaning, is used in a way that places the sole responsibility of failure on the shoulders of individuals rather than equally holding accountable the structure in which these individuals exist, and the precarious circumstances that require work and commitment way beyond individual capabilities and resources. I find it more effective not to simply aspire to be resilient, but to distinguish between situations in which individual resilience can do, and those for which the depth, awareness, and work of an entire community or society is needed for any real and sustainable change to occur. But none of this can happen if we don’t first agree upon what each of us mean when we say ‘resilience,’ and if we have different definitions of what it means, then we should ask: how shall we merge and reconcile our definitions of the word so that we complement not undermine what we do individually and collectively as people. Resilience should not become a synonym for surrender. It is great to be resilient when facing a flood or an earthquake, but that is not the same when having to endure wars and economic crises caused by the ruling class and warmongers. [From “On the Great Resignation” published on CounterPunch on February 24, 2023]

Acronyms Seriously Suck: There is a creeping tendency to use made up acronyms at SpaceX. Excessive use of made up acronyms is a significant impediment to communication and keeping communication good as we grow is incredibly important. Individually, a few acronyms here and there may not seem so bad, but if a thousand people are making these up, over time the result will be a huge glossary that we have to issue to new employees. No one can actually remember all these acronyms and people don’t want to seem dumb in a meeting, so they just sit there in ignorance. This is particularly tough on new employees. That needs to stop immediately or I will take drastic action—I have given enough warnings over the years. Unless an acronym is approved by me, it should not enter the SpaceX glossary. If there is an existing acronym that cannot reasonably be justified, it should be eliminated, as I have requested in the past. For example, there should be no “HTS” [horizontal test stand] or “VTS” [vertical test stand] designations for test stands. Those are particularly dumb, as they contain unnecessary words. A “stand” at our test site is obviously a *test* stand. VTS-3 is four syllables compared with “Tripod,” which is two, so the bloody acronym version actually takes longer to say than the name! The key test for an acronym is to ask whether it helps or hurts communication. An acronym that most engineers outside of SpaceX already know, such as GUI, is fine to use. It is also ok to make up a few acronyms/contractions every now and again, assuming I have approved them, eg MVac and M9 instead of Merlin 1C-Vacuum or Merlin 1C-Sea Level, but those need to be kept to a minimum. This was classic Musk. The e-mail is rough in its tone and yet not really unwarranted for a guy who just wants things done as efficiently as possible. It obsesses over something that other people might find trivial and yet he has a definite point. It’s comical in that Musk wants all acronym approvals to run directly through him, but that’s entirely in keeping with the hands-on management style that has, mainly, worked well at both SpaceX and Tesla. Employees have since dubbed the acronym policy the ASS Rule.

Corporate investors, who have poured billions into the business of mass incarceration, expect long-term returns. And they will get them. It is their lobbyists who write the draconian laws that demand absurdly long sentences, deny paroles, determine immigrant detention laws, and impose minimum-sentence and Three-Strikes laws, which mandate life sentences after three felony convictions. Corrections Corporation of America (CCA), the largest owner of for-profit prisons and immigration detention facilities in the country, earned $1.7 billion in revenues and collected $300 million in profits in 2013.50 CCA holds an average of 81,384 inmates in its facilities on any one day.51 Aramark Holdings Corp., a Philadelphia-based company that contracts through Aramark Correctional Services, provides food for six hundred correctional institutions across the United States.52 Goldman Sachs and other investors acquired it in 2007 for $8.3 billion.53 The three top for-profit prison corporations spent an estimated $45 million over a recent ten-year period for lobbying to keep the prison business flush.54 The resource center In the Public Interest documented in its report “Criminal: How Lockup Quotas and ‘Low-Crime Taxes’ Guarantee Profits for Private Prison Corporations” that private prison companies often sign state contracts that guarantee prison occupancy rates of 90 percent.55 If states fail to meet the quota they have to pay the corporations for the empty beds. CCA in 2011 gave $710,300 in political contributions to candidates for federal or state office, political parties, and so-called 527 groups (PACs and super PACs), the American Civil Liberties Union reported.56 The corporation also spent $1.07 million lobbying federal officials plus undisclosed sums to lobby state officials.57 The GEO Group, one of the nation’s largest for-profit prison management companies, donated $250,000 to Donald Trump in 2017.58 The United States, from 1970 to 2005, increased its prison population by about 700 percent, the ACLU reported.59 Private prisons account for nearly all newly built prisons.60 And nearly half of all immigrants detained by the federal government are shipped to for-profit prisons, according to Detention Watch Network.61

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It’s also possible to revise the rules of globalization to reduce the amount of damage done by speculative private finance and to expand the role of transparent social investment. We could provide a lot more debt relief, as well as imposing a Tobin tax (see Chapter 3) on short-term financial transactions. Though the West has less economic influence than it once did, the markets of Europe and North America are still the world’s largest, which gives the West immense power to influence the rules for the global economy as a whole. Those rules were once used to promote balanced domestic social contracts. Lately, they have been used to enrich the already rich, often in concert with the repression of labor in the third world, and at the expense of decent labor standards in the West as well. The point is not that Japan, South Korea, China, and other emergent economies are doing something fundamentally wrong or inefficient by having industrial policies, subsidies, and managed trade strategies to promote their own economic growth. This is precisely what the West did at earlier stages of its own development. The point, rather, is that the system needs more realistic rules and norms, so that there is a fairer balance of benefits. That means balance between developing and developed countries, balance between capital and labor, and balance between market norms and social standards. Today, both the global trading system and US trade policy are promoting imbalance.

That realization helped Moesta and his team begin to understand the struggle these potential home buyers faced. “I went in thinking we were in the business of new home construction,” recalls Moesta. “But I realized we were instead in the business of moving lives.” With this understanding of the Job to Be Done, dozens of small, but important, changes were made to the offering. For example, the architect managed to create space in the units for a classic dining room table by reducing the size of the second bedroom by 20 percent. The company also focused on helping buyers with the anxiety of the move itself, which included providing moving services, two years of storage, and a sorting room space on the premises where new owners could take their time making decisions about what to keep and what to discard without the pressure of a looming move. Instead of thirty pages of customized choices, which actually overwhelmed buyers, the company offered three variations of finished units—a move that quickly reduced the “cold feet” contract cancellations from five or six a month to one. And so on. Everything was designed to signal to buyers: we get you. We understand the progress you’re trying to make and the struggle to get there. Understanding the job enabled the company to get to the causal mechanism of why its customers might pull this solution into their lives. It was complex, but not complicated. That, in turn, allowed the housing company to differentiate its offering in ways competitors weren’t likely to copy—or even understand. A jobs perspective changed everything. The company actually raised $ 3,500 (profitably), which included covering the cost of moving and storage. By 2007, when sales in the industry were off by 49 percent and the market all around them was plummeting, the developers had actually grown the business 25 percent.

Mobile Virtual Network Operators (MVNOs) have been around in the telecom world since the dawn of the 21st century. However, since their inception, their role has kept on changing. From broadly voice-based service providers to 3G purveyors, MVNOs have evolved in their services with time. Nowadays, in this world of intense competition, the success of MVNO completely depends on their ability to think out of the box. It is their ingenuity in creating customer-driven plans that decides their fate in today’s heavily saturated telecom market. The present-day MVNO subscribers are finicky, moody and disloyal. It is an MVNO’s task to inspire confidence in them, attract them towards their services and ensure that they stay loyal. The Challenge Faced by Different MVNOs Evoking customer trust and then ensuring that it is maintained is probably the toughest challenge faced by an MVNO in telecom. Especially in the competitive world of today that demands a differentiation in service along with an attractive pricing model. Based on their infrastructural capabilities, MVNOs can be divided into: 1. Skinny MVNOs: Equipped with their own voice mail, content applications, SMSC, prepaid and VAS. 2. Thin MVNOs: Apart from the infrastructure above, they also have AUC, EIR, HLR, and IN. 3. Thick MVNOs: Along with infrastructure of a thin MVNO, thick MVNOs also have a VLR and MSC. Regardless of the kind of MVNO that you are running, there are some major challenges that you need to overcome. While a skinny MVNO does not have to worry too much about the infrastructure, he cannot scale his operations as well as a thin or thick MVNO. On the other hand, a thick MVNO may be able to scale his operations well, but he might get too involved in managing the infrastructure with very little time for branding and marketing. The Importance of MVNE/MVNA Partnership for Overcoming Challenges As MVNOs are considerably smaller than a full-fledged MNO (Mobile Network Operator), they need support from MVNEs (Mobile Virtual Network Enablers) to get their job done. A capable MVNE with a comprehensive MVNO software solution like Telgoo5 can provide the following benefits to an MVNO: 1. Better billing – Billing is probably the toughest task for an MVNO to undertake all by itself. Any mistake or inefficiency in billing tasks can have a major bearing on MVNO subscribers. But when you partner with an MVNE like Vcare, you get access to a cutting-edge MVNO billing software solution. With a convergent billing solution by your side, you can create itemized bills with details of all types of services used by your subscribers. 2. Profitable deals with MNOs – Partnership with a competent MVNE/MVNA can help you get better-priced deals with an MNO. This will allow you to deliver the services at a lower rate to your MVNO subscribers while still making a profit. 3. Avoid red tape – Running a successful MVNO operation requires you to get into contracts with different carriers and vendors. By partnering with a competent MVNE like Vcare (who already has fully-licensed platforms and contracts with vendors), you are able to bypass the process of signing new deals, thereby saving considerable time and effort.

contract. To get around this problem, the manager of the Orioles, Jack Dunn, adopted George and became his legal guardian. Young George’s relationship with Dunn led to him being given his famous name. One day Dunn brought George to the ballpark to show him the ropes. When the other players saw the new player, one remarked, “Well, here’s Jack’s newest babe.” Soon, all his teammates were calling him Babe.

When an employer lets go of someone, it is sometimes because they breached the formal written contract of employment. When someone quits, it is almost always because their manager or the company breached the unwritten contract.

Americans were encouraged to understand their circumstances and their obligations in terms of their citizenship in a great nation managed by large, powerful institutions that would help them through the risks and instabilities of

If your client has a problem with ethics, a signed contract may not be enough to protect you from expensive litigation.

Taking her hands in his, he sank down to kneel before her. “I know we already are engaged, but I never went about it properly. Lydia Price, would you do me the great honor of becoming my wife?” Gasps permeated the room as Vincent reached into his pocket with his other hand and pulled out a small jewel case. He flicked the box open to reveal a golden ring filigreed with Celtic knots and adorned with a large diamond surrounded by a rainbow of other jewels. Lydia’s heart lodged in her throat even as unmitigated happiness warmed her body. “When?” The word escaped aloud before she was aware. “Now.” From another pocket in his waistcoat, Vincent withdrew a small sheaf of papers. “I have with me a marriage contract and a special license. I’ve also managed to procure a parson at this late hour.” Everyone’s gazes flew to the stranger, whose identity was now revealed. The parson yawned as if in emphasis of the inconvenience. All eyes shifted to Lydia, awaiting her reply. Her knees quaked beneath her gown, threatening to give out and topple her. “Please, Lydia,” he said achingly. “I cannot bear another night of you not being mine.” “Yes.” The word escaped her lips past the joy swelling within. As if afraid she’d change her mind, Vincent quickly slipped the elaborate ring on her third finger and rose to his feet, retaining his grip on her hand. “You’ve made me the happiest of men,” he replied.

that is subject to accelerated revenue recognition as a result of aggressive management estimates is one that has “multiple deliverables.” In this type of arrangement, the seller provides several distinct, but intermingled deliverables over an extended period of time. For example, wireless telecom companies often package mobile phone service and a cell phone handset together in the same contract. Sometimes the handset is sold to the customer at a greatly discounted price (or even given away for free), as long as the customer also agrees to a two-year service contract. Accounting rules require the seller to allocate a portion of the total contract value to the handset (to be recognized as revenue up front) and a portion to the service contract (to be recognized over the life of the contract). The seller uses assumptions in estimating how to split the revenue between the two deliverables. By changing these assumptions or

managers did that as a warning but also for amusement. They enjoyed it. Making people suffer, competing in cruelties, was a vice they had contracted from engaging so frequently in flagellations, beatings, and tortures. Often, when they were drunk, they looked for pretexts for their blood games.

Insurance is expected to be revolutionized thanks to blockchain technology. The technology can streamline the user experience by using smart contracts that can automate policies depending on the customer’s circumstances. It means that insurance claims could be made through the blockchain without the need for talking with an intermediary. One app known as Dyanmis uses the blockchain to manage supplementary unemployment insurance. Based on peer-to-peer technology, it uses the social media network, LinkedIn, to help confirm the identity and employment status of its customers. Another such app is Inchain, which is a decentralized insurance platform that reduces the associated risks of losses of crypto-assets in the event of cyber-attacks or online hacking.

a measure of “declining sales” certainly points to a problem, but “revenue churn”—specifically, how many customers canceled contracts—tells management where to intervene.

She felt a pang of excitement as she realized it was not Mr. Hunt but Matthew Swift. He rose from his chair, and Daisy said bashfully, "No, please, I'm sorry to have interrupted..." Her voice trailed away as she noticed there was something different about him. He was wearing a pair of thin, steel-framed spectacles. Spectacles, on that strong-featured face... and his hair mussed as if he had been tugging absently on the front locks. All that combined with a plentitude of muscles and masculine virility was astonishingly... erotic. "When did you start wearing those?" Daisy managed to ask. "About a year ago." He smiled ruefully and removed the spectacles with one hand. "I need them to read. Too many late nights poring over contracts and reports." "They... they are very becoming." "Are they?" Continuing to smile, Swift shook his head, as if it had not occurred to him to wonder about his appearance.

You led Shenzhen Football / You saved Shenzhen Football. " Chinese pro football soccer league (second division) Shenzhen FC recently announced a number of poems like this one. It seems like a tribute to Sven Jerran Eriksson (69, photo), a world-renowned manager who has been assigned to the club this season. But looking back, the story was different. The club said, 'We call the legend again. Let's go on a new trip together. " 믿고 주문해주세요~저희는 제품판매를 고객님들과 신용과신뢰의 거래로 하고있습니다. 24시간 문의상담과 서울 경기지방은 퀵으로도 가능합니다 믿고 주문하시면좋은인연으로 vip고객님으로 모시겠습니다. 원하시는제품있으시면 추천상으로 구입문의 도와드릴수있습니다 깔끔한거래,안전거래,총알배송,고객님정보보호,100%정품,편한상담,신용신뢰의 거래,후불거래등 고객님들의 편의를 기본으로 운영하고있는 온라인 판매업체입니다 The poem was a clearing for Eriksson. He was tortured in the club with one side on the 14th. The poem 'You' was not his, but the former director of Wang Baoshan. The Shenzhen team first announced the city verses through its homepage, and then the local media asked whether it was a change of director. ◀경영항목▶텔레【KC98K】카톡【ACD5】라인【SPR331】 엑스터시,신의눈물,lsd,아이스,캔디,대마초,마리화나,프로포폴,에토미데이트,해피벌륜 등많은제품판매하고있습니다 Sweden coach Eriksson is one of the best players in the World Cup finals. In 2001, he became the first foreign coach in England's history. He led Beckham, Owen and others to advance to the quarter-finals in the 2002 Korea-Japan World Cup and the 2006 Germany World Cup. At the 2010 South African tournament he was promoted to coach Ivory Coast. Benfica, AS Roma and Manchester City also led the pros. It was in June 2013 that Eriksson, who became a world class soccer player, started his career in Chinese football. He was appointed to the first division of Guangzhou Puri in China with an annual salary of about 3.5 billion won. It was a bad condition for him to spend the last years of his life as a leader. After failing to sign a new contract, he became a manager of the Shanghai Sanggang, subject to an annual salary of 6 billion won by the end of 2014. After two years of hardship, he moved to China 2nd Division League Shenzhen FC. But here, the duration of the bust was shorter. Eriksson's lead has been in fourth place in the league since he lost five consecutive wins in the league in eight consecutive wins (five and three losses). The club, aiming at promoting the first division, has been pushing out Eriksson in six months because of the atmosphere. Early exits such as Eriksson can be found easily in Chinese football world that pours a lot of money into directing shopping. Only Lee Jang Soo (Changchun), Choi Yong Soo (Jangsu) and Hong Myung Bo (Hangzhou) have left the team during the season due to poor performance.

In June, ICOs raised around $620 million—and July 1 was the start of one of the buzziest ICOs, Tezos. The project, which had also received investment from Tim Draper, was seen as a potential competitor to Ethereum, with two features that improved upon it: formal verification, a way to mathematically prove that smart contracts would behave as the developers intended, to prevent DAO attack–like situations, and built-in governance, right on the blockchain, to manage questions like whether to fork after the DAO. It would go on to raise a record $232 million.

I like to dance, too,” I said. “In fact, I love it. Why do you think the expectation is to dance with someone else? I danced by myself for six hours straight and it was just so nice not to have to interact with anyone.” “I dunno,” she said. “It’s a weird social contract, like flailing around and expressing yourself is okay if you’re both doing it but if you’re doing it alone, you’re a saddo who no one wants to dance with.

Aim for Full Replacement Cost While policies and terms vary, get the closest you can to 100% replacement value for your dwelling. This way your insurance will cover any full loss of the property. Often, state court rulings will outline how insurance contracts are interpreted in each state. Talk to your broker, attorney, or another expert in the area. If you are not able to get guaranteed replacement cost, look at extended dwelling coverage options.

What saved the land, this study found, was what Hugh Bennett had started: getting farmers to enter contracts with a soil conservation district and manage the land as a single ecological unit.

Building on the Pentagon’s anthrax simulation (1999) and the intelligence agency’s “Dark Winter” (2001), Atlantic Storm (2003, 2005), Global Mercury (2003), Schwartz’s “Lockstep” Scenario Document (2010), and MARS (2017), the Gates-funded SPARS scenario war-gamed a bioterrorist attack that precipitated a global coronavirus epidemic lasting from 2025 to 2028, culminating in coercive mass vaccination of the global population. And, as Gates had promised, the preparations were analogous to “preparing for war.”191 Under the code name “SPARS Pandemic,” Gates presided over a sinister summer school for globalists, spooks, and technocrats in Baltimore. The panelists role-played strategies for co-opting the world’s most influential political institutions, subverting democratic governance, and positioning themselves as unelected rulers of the emerging authoritarian regime. They practiced techniques for ruthlessly controlling dissent, expression, and movement, and degrading civil rights, autonomy, and sovereignty. The Gates simulation focused on deploying the usual psyops retinue of propaganda, surveillance, censorship, isolation, and political and social control to manage the pandemic. The official eighty-nine-page summary is a miracle of fortune-telling—an uncannily precise month-by-month prediction of the 2020 COVID-19 pandemic as it actually unfolded.192 Looked at another way, when it erupted five years later, the 2020 COVID-19 contagion faithfully followed the SPARS blueprint. Practically the only thing Gates and his planners got wrong was the year. Gates’s simulation instructs public health officials and other collaborators in the global vaccine cartel exactly what to expect and how to behave during the upcoming plague. Reading through the eighty-nine pages, it’s difficult not to interpret this stunningly prescient document as a planning, signaling, and training exercise for replacing democracy with a new regimen of militarized global medical tyranny. The scenario directs participants to deploy fear-driven propaganda narratives to induce mass psychosis and to direct the public toward unquestioning obedience to the emerging social and economic order. According to the scenario narrative, a so-called “SPARS” coronavirus ignites in the United States in January 2025 (the COVID-19 pandemic began in January 2020). As the WHO declares a global emergency, the federal government contracts a fictional firm that resembles Moderna. Consistent with Gates’s seeming preference for diabolical cognomens, the firm is dubbed “CynBio” (Sin-Bio) to develop an innovative vaccine using new “plug-and-play” technology. In the scenario, and now in real life, Federal health officials invoke the PREP Act to provide vaccine makers liability protection.

Neither Duncan nor I could see how to solve that problem by pure mathematics, so we used a computer to simulate the morph on networks of large but manageable size, starting from pristine rings with 1,000 nodes and 10 links per node. To chart the structural changes in the middle ground, we graphed both the average path length and the clustering as functions of the proportion of links that were randomly rewired. What we found amazed us. The slightest bit of randomness contracted the network tremendously. The average path length plummeted at first—with only 1 percent rewiring (meaning that only 1 out of every 100 links was randomized), the graph dropped by 85 percent from its original level. Further rewiring had only a minimal effect; the curve leveled off onto a low-lying plateau, indicating that the network had already gotten about as small as it could possibly get, as if it were completely random. Meanwhile, the clustering barely budged. With 1 percent rewiring, the clustering dropped by only 3 percent. Connections were being yanked out of well-ordered neighborhoods, yet the clustering hardly noticed. Only much later in the morph, long after the crash in path length, did clustering begin to drop significantly.

Refusing to acknowledge the contracts of women in pornography places them in the same legal category as children or mental incompetents. In Indianapolis, the anti-pornography ordinance argued that women, like children, needed special protection under the law: "Children are incapable of consenting to engage in pornographic conduct.... By the same token, the physical and psychological well-being of women ought to be afforded comparable protection, for the coercive environment ... vitiates any notion that they consent or `choose' to perform in pornography." [2] This attitude of "I'm a helpless victim" could easily backfire on women who may be required to prove they are able to manage their own finances, or to handle custody of their own children. Moreover, the idea of men "emotionally or verbally coercing" women re-enforces the concept of men as intellectually and psychologically stronger than women. It is the old "Man of Steel/ Woman of Kleenex" myth.

This pattern is called escalation of commitment. Evidence shows that entrepreneurs persist with failing strategies when they should pivot, NBA general managers and coaches keep investing in new contracts and more playing time for draft busts, and politicians continue sending soldiers to wars that didn’t need to be fought in the first place. Sunk

Jazz had stayed with her for three hours. Three, long luxurious hours where he'd pleasured her---to use an old-fashioned word---time after time. And what she'd paid for was good old-fashioned romancing. That had taken her by surprise. All of Jazz's attention had been entirely focused on her body, her desires. He'd managed to push buttons that she didn't even know she had. How many women could say that they got the same service from their husbands? He'd been the ultimate professional, the perfect gentleman. It was hard to see this arrangement as a fairly sleazy business contract. Jazz had seemed to enjoy himself too; either that or the man was a damn fine actor. She closed her eyes and a stream of sexy images washed over her. His attaché case had contained a range of potions, lotions and toys to set the scene for a very naughty evening. He'd drizzled chilled champagne all over her body and had lapped it up with his hot tongue. The thought of it made her shiver with delight.

Satan had established the professions of law and management consulting. Both were wonderful examples of pure evil, but a contract for a human soul was tedious and boring.

Imagine the future of work when brain monitoring becomes more ubiquitous if these laws and norms are not in place. After a banner year at the company, division manager Sue calls employee Pat to offer her a contract renewal with a 2 percent pay raise. Sue knows the company could easily afford and would be willing to pay up to 10 percent to retain her but hopes Pat will take less. Pat takes Sue’s call using her company-issued in-ear EEG earbuds. Pat keeps her voice even throughout the call so as not to give away her emotions and promises to follow up with Sue the next day. All the while, Sue has been watching Pat’s brain activity and decoding her emotional reaction to the news. Pat’s brain activity revealed joyfulness upon learning of the 2 percent pay raise and remained joyful throughout the day.97 The next day, Pat calls Sue and says that she was hoping for a bigger raise. But Sue can’t be bluffed; she knows that Pat was happy with the 2 percent raise; moreover, she now sees that Pat is fearful as she makes her request for a bigger one. Sue responds that 2 percent is the best the company can do, and Pat accepts the offer. Pat’s attempt to negotiate a better salary was over before it began. Even the staunchest freedom-of-contract libertarian would question the fairness of this negotiation.

the Korean idol industry was growing at a rapid pace, the issue of contract renewal in the seventh year became a drama that got everyone—the company, the group, as well as the fans—worked up. At the turn of the new millennium, large management companies like SM, YG, and JYP had all achieved a level of success that made failure of any of their debuted artists the exception. They therefore wanted to recontract their artists, even if that meant changing the conditions of the contract to a certain extent in order to benefit the artist. However, the artist may ask for even better conditions, and satisfaction with the financial terms is only the beginning. Even within a single group, each member may want different things depending on their personality, preferences, and style of working.

2009, the Korea Fair Trade Commission established a “standard exclusive contract for performers” so that popular culture artists, including idols, could protect their rights and interests when signing to a management company.

One day our General Counsel went to Leslie and said: “You didn’t sign this huge contract with Disney! Why is Camille’s name on it?” Leslie responded: The person who is living and breathing the contract needs to be the person who owns and signs the contract, not a head of a function or a VP. That takes responsibility of the project away from the person who should be responsible. Obviously, I look at those contracts too. But Camille is proud of what she accomplished. This is her thing, not mine. She is psychologically invested, and I want to keep her that way. I’m not going to take ownership away from her by putting my name on the deal. Leslie was right, and we follow her example across Netflix today. At Netflix you don’t need management to sign off for anything. If you’re the informed captain, take ownership—sign the document yourself.

There was one major problem with this provision. International Match did not have 17 million dollars. Indeed, International Match did not have any money. Remember that Ivar previously had moved all of the cash International Match had raised from the gold debentures to Continental, the Liechtenstein subsidiary. Then, he had used the cash from the participating preferred shares to repay the gold debentures. That meant all the money was gone. In order to comply with the secret Poland contract, International Match would need to raise another 17 million dollars right away. In other words, Ivar had signed a promise to give Poland 17 million dollars he didn’t have. The second Poland agreement also contained some extraordinary protections for International Match, terms that would have impressed Lee Higginson’s bankers, if they had seen them. For example, Ivar obtained an agreement that if “for one reason or another” Garanta did not earn enough profit to pay the 24 percent interest payments due to Poland, those payments would be covered by “the income of the Polish Alcohol Monopoly or … the Polish Tobacco Monopoly.”34 In other words, Ivar obtained a promise of payment supported not only by the match monopoly, but by unaffiliated monopolies on alcohol and tobacco. Ivar also included a binary foreign exchange option, a kind of derivative contract, to protect International Match from any declines in the value of the dollar: “International Match Corporation shall have the right to obtain payment of interest in Dutch guilders or US dollars according to its choice and for all such payments one dollar shall be counted as 2½ guilders.”35 Given that Garanta’s shareholders would be nominated by Dr Glowacki, how would Ivar retain control of Garanta? Here, as well, Ivar created another innovative financial provision: During the first four years until October 1, 1929, International Match Corporation shall have the right to appoint the managing director of Garanta who is alone entitled to sign for the company. On or after October 1, 1929, International Match Corporation has the right to acquire 60 percent of the shares at par.36 This option term secured both initial control over Garanta and the right to own a majority of Garanta’s shares in the future. Either way, Ivar, not Dr Glowacki, would have control.

And so Andy Malloy became the first of many managers I was to have throughout my career. Up to the time I teamed up with Jack Kearns, the managers I had were mostly my friends or well-meaning acquaintances who tried to help me get fights, arranging the small details so that I could dedicate myself to my training. I never signed a contract with any of them, not even Kearns. It just didn’t seem necessary in those days; a handshake was stronger and more meaningful than any inked signature. The only ingredients necessary were respect and trust. There is no doubt in my mind that a fighter needs a manager. Ideally, a manager gets up good likely bouts, arranges suitable dates and times and living accommodations, hires and sometimes fires sparring partners, “sells” his fighter’s ability and skill to others by taking scouting trips and being a good press agent, and honestly handles all accounts as well. This gives the fighter more time to keep himself in shape, running miles, punching bags, jumping rope, sleeping. Together the fighter and the manager are a team, pulling and pushing toward the same goal. If either takes advantage of the other, underestimates or oversteps the given role, then that’s it; a loss of respect sets in and the whole relationship is shot to hell. If such a split does take place, it is usually the fighter who winds up with the short end of the stick. I learned many things from my manager Andy Malloy. I learned to make my body a complete unit, the muscles of my feet, legs, waist, back and shoulders all contributing to the power of my arm. He taught me, in short, that my entire body was at stake in the ring, not just my fists. He was a good teacher.

Warren Buffett, whose net worth is approximately $65 billion, lives in the same house he bought in 1958 for $31,500. John Urschel, a lineman for the Baltimore Ravens, makes millions but manages to live on $25,000 a year. San Antonio Spurs star Kawhi Leonard gets around in the 1997 Chevy Tahoe he’s had since he was a teenager, even with a contract worth some $94 million. Why? It’s not because these men are cheap. It’s because the things that matter to them are cheap. Neither Buffett nor Urschel nor Leonard ended up this way by accident. Their lifestyle is the result of prioritizing. They cultivate interests that are decidedly below their financial means, and as a result, any income would allow them freedom to pursue the things they most care about. It just happens that they became wealthy beyond any expectation. This kind of clarity—about what they love most in the world—means they can enjoy their lives. It means they’d still be happy even if the markets were to turn or their careers were cut short by injury. The more things we desire and the more we have to do to earn or attain those achievements, the less we actually enjoy our lives—and the less free we a

The problems of European auto-and steelmakers relate primarily to a fall in demand as opposed to any recent overbuilding of domestic capacity in more favourable macroeconomic conditions. Other industries have suffered from disruptive new technologies or business models which have left legacy companies struggling to cope. Flag-carrier airlines, saddled with outdated employment contracts and national champion status, have suffered greatly from the growth of unencumbered low cost carriers. The CEO of struggling SAS in Scandinavia recently bemoaned the lack of a Chapter 11 process in Europe. Perhaps he is jealous of a system which in the US has led to the anti-Darwinian outcome of the survival of the least fit!

Organizations need systematic approaches to creating alignment and managing achievement. Leaders within organizations own these responsibilities. Alan Branche, the author of a book called Implementation, said, "Strategy execution is the responsibility that makes or breaks executives" We look to our leaders to lead us to a better station in life first and foremost. There is an unwritten contract to followership. We trust our leaders to call their shot and make it.

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And you slowly learn that there is no contract with the universe.

Who are you? Go back with the others until you are judged.” He met Hest’s stare eye to eye. Hest responded with wide-eyed shock. “But… but I’m Hest Finbok! I’ve come all this way to find my wife, Alise! I hired passage on the newest and swiftest ships I could find to come in search of her. When treachery by the captain let it fall to Chalcedean pirates, I thought all was lost. But here I am! Sweet Sa, your miracles never cease! I am here, and alive, and so is my darling wife! Alise, don’t you know me? Has your mind been turned by this harsh place? I am here now, and you need no other protector than your loving husband.” His words, she thought, danced all through the truth, never touching it. Reyn, startled, stayed as he was as Hest stepped around him. “No.” It was the only word she could manage. Her throat was dry, her heart pounding. She could not find breath to say more than that, but she clung to Leftrin’s arm as if it were her only lifeline in a wild sea storm. And he did not let go of her. He stood firm at her side. Leftrin spoke in a low growl. “The lady says no.” “Take your hands off my wife!” Hest ignored Reyn’s challenge of him as he stepped around the Elderling to glare menacingly at Leftrin. “She is obviously not right in her mind! Look how she stares! She does not recognize me, poor thing! And you, you scoundrel, have taken advantage of her! Oh, my Alise, my darling, what has he done to you? How can you not recognize your own loving husband?” She felt a low rumbling from Leftrin as if he snarled like a beast. His arm in her clutch had become hard as iron. He would protect her, he would save her. All she had to do was let him. “No,” she said again, this time to Leftrin. She squeezed his arm reassuringly and then stepped out of his shelter. She stood free of him, and the wind off the river blew past her. Her unbound hair lifted in wild red snakes, and she knew a moment of dismay as she wondered how ridiculous she looked, her skin weathered, her woman’s body garbed in the bright colors of an Elderling as if she did not know her age or place in the world. Her place in the world. She squared her shoulders. As she walked forward, Reyn stepped toward her as if to offer his arm and support. She waved him off without meeting his eyes. She advanced on Hest, hoping to see some flicker of doubt in his eyes. Instead his smile only widened as if he were truly welcoming her. He actually believed that she would resume that role, would pretend to be his loving, dutiful wife. That thought touched fire in her soul. She halted before him and looked up at him. “Oh, my dear! How harshly the world has treated you!” he exclaimed. He tried to put his arms around her. She set both hands to his chest and pushed him firmly away. As he staggered backward, it pleased her that he had not expected her to be so strong. “You are not my husband,” she said in a low voice. He teetered a moment, then caught his balance. He tried to recover his aplomb. But she had seen the sparks of anger flare in his dark eyes. He tipped his head, solicitous, his voice striken. “My dear, you are so confused!” he began. She lifted her voice, pitched it for all to hear. “I am NOT confused. You are NOT my husband. You broke the terms of our marriage contract, rendering it void. From the earliest days of our marriage, you were unfaithful to me. You entered into the contract with no intent of keeping yourself to me. You have deceived me and made me an object of mockery. You are not my husband, and by the terms of our marriage contract, all that is mine comes back to me. You are not my husband, and I am not your wife. You are nothing to me.

The acquisition of McDonnell Douglas a year earlier had brought hordes of cutthroat managers, trained in the win-at-all-costs ways of defense contracting, into Boeing’s more professorial ranks in the misty Puget Sound. A federal mediator who refereed a strike by Boeing engineers two years later described the merger privately as “hunter killer assassins” meeting Boy Scouts.

Elm looked away. “Your son,” he managed, bile in the back of this throat. “It’s worse than I thought. The damage to his body.” “My son.” The King’s green, bleary gaze found Elm’s face. “Even on his deathbed, you will not call him a brother?” “He never played the part well enough.” The King shook his head. Pressed the heel of his palm into his eye. “Your rancor is a mark upon you, Renelm. Wash it off.” “If there are marks upon me, it is because your son put them there.” He turned to leave, but the King’s voice held him back. “Have you chosen a wife?” Elm went still. “There is a contract.” “With whom?” “You’ll learn soon enough.

P&R acquired Union Underwear for $15 million. The deal was a big swing for P&R, with the purchase price equal to 35% of its beginning-of-the-year assets. But beneath the big headline number, there were several factors that reduced risk. The deal was done at a salivating valuation: Union was earning $3 million in pre-tax profits—one-fifth of the purchase price—that would be partially sheltered by P&R’s tax loss. Moreover, P&R structured the compensation of Union’s management in an attractive manner: The company provided Goldfarb with a five-year management contract as well as a bonus of 10% of the subsidiary’s operating profits (subject to both a minimum and a cap), ensuring he stayed on and incentivizing him to grow the business.160 Finally, the deal’s consideration was also interesting, which Buffett later reminisced about in the 2001 Berkshire Hathaway chairman’s letter: The [Union Underwear] company possessed $5 million in cash—$2.5 million of which P&R used for the purchase—and was earning about $3 million pre-tax, earnings that could be sheltered by the tax position of P&R. And, oh yes: Fully $9 million of the remaining $12.5 million due was satisfied by non-interest-bearing notes, payable from 50% of any earnings Union had in excess of $1 million. (Those were the days; I get goosebumps just thinking about such deals.)161 Although the P&R board had approved the Union acquisition, Ben Graham was angered by its conservatism and pushed to add more directors. The other members obliged, ceding five additional seats to Graham allies. Jack Goldfarb and Louis Green of Stryker & Brown—the same Louis Green from the Marshall-Wells chapter—were among those added.

February 29: Marilyn’s management contract with John Carroll and Lucille Ryman expires.

No, no, keep your shoes on. It’s just a habit of mine. I have a lot of habits I can’t manage to break, which is sort of a pain in the ass, but what can you do?” He closed the door and turned all the locks. At a glance, Lucie noted that it wasn’t really the apartment of a single man. Several feminine touches—thick plants all around, a pair of rather retro high heels in a corner. But there was only one place setting on the table in the dining area, already set for a meal, facing the wall. She thought of Luc Besson’s film The Professional. In some ways, Sharko gave off the same sadness as Léon, the contract killer, but also an incomprehensible sympathy that made you want to learn more about him.

As an algorithm the protocol is unbiased and capable of auditing, authenticating, validating, approving, and transferring integer values along a ledger that is distributed to tens of thousands of computers (called mining machines) that are located around the world. 

For my last 15 years at United I had a rolling one-year contract and an agreement that if I was sacked I would be entitled to two years’ salary, even if I turned up and started managing Manchester City the day after I was fired. That was more than enough for me.

You will rapidly discover that a mutually agreed understanding—a contract of sorts—is a wonderful device for fostering a sense of responsibility among the people at your company. Because they have to consider, think, and agree, rather than acquiesce, you will sense increased morale and improved dedication. All of this, of course, reinforces mutual trust and implicit communication, which, as we have seen, are critical elements in increasing your OODA loop speed. Perhaps the greatest value of viewing responsibility as a contract is that it provides an alternative to over-control. Micromanaging is simply not allowed: Once he or she accepts the contract, the subordinate has total freedom within the constraints of the contract as to how to proceed. There is no place for the stack of reports that allow managers or headquarters staffers to second guess every decision.