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Wednesday, March 16, 2016

40 YEARS OF CHANGE

BRYCE ON MANAGEMENT

- Observations of my walk through the corporate world.

(Click for AUDIO VERSION)
To use this segment in a Radio broadcast or Podcast, send TIM a request.

This year I celebrate 40 continuous years in business, not counting menial jobs I took in high school and college. Whenever I mention this, people start to look at me as some type of dinosaur, but it seems like it was only yesterday when I entered the work force. As a management consultant, I have had the good fortune to see a lot during this period; I've traveled considerably and worked with just about every type of business imaginable, and, because my profession is closely tied to the computer industry, I have had a front row seat in watching the evolution of computing.

Because of my background, I am often asked what is different today than back in 1976? Three interconnected areas come to mind: technology, business, and society.

TECHNOLOGY drives change and I have witnessed more than my share in the areas of transportation, communications, health care, and computing. I have watched us go from an analog to digital generation. Instead of carburetors, we now talk about electronic ignition; instead of vinyl records, we now download music off of the Internet and play it on a variety of devices; instead of spending weeks or months recovering in a hospital, we now expect to be released either the same day of our visit or shortly thereafter, and; computers have shrunk from mainframes, to minis, to micros, to hand held devices.

During this time, we have become closely dependent on our technology, most likely to the point of addiction. We simply cannot comprehend being without our devices regardless of where we are or who we are with. This has caused us to become impatient and short-tempered as we want everything NOW. We want instant photos, instant communications, instant access to information, instant entertainment, and much more. If we do not get it, we become frustrated and irritated. All of this has had an adverse affect on our social skills and temperament. Not surprising, we are witnessing changes in our personalities and the rise of a variety of neurosis, such as depression, high anxiety, and obsessive behavior. None of this was as prevalent in 1976 as it is today. This manifests itself into narcissistic behavior, and diminishing common courtesy. And let us not forget an escalating drug culture.

It is unsettling we now possess more trust in technology than people.

BUSINESS - Back in the 1970's, business was more oriented towards a Theory Y form of management whereby workers were "managed from the bottom-up," meaning employees were properly trained, assigned tasks and delegated authority to conquer projects on their own. If a problem surfaced, the manager would get involved, otherwise he/she maintained a "hand's off" policy towards project development. The manager, of course would routinely monitor progress reports, but spent little time supervising workers.

Today we are imbued with "micromanagement," a Theory X form of management where the actions and decisions of the workers are tightly controlled by the manager. To me, this is dehumanizing, but interestingly, there are people who prefer to have others do the thinking for them, thereby deflecting responsibility for any problems that may ensue. This results in a corporate culture where employees are more inclined to watch the clock as opposed to the product or service they are responsible for.

As an aside, we see signs of micromanagement as early as high school and college where "helicopter parents" try to coordinate their offspring's activities at school. As a class ends, students are expected to report on classroom activities and tests via smart phone. If anything is amiss, the parent calls the instructor. To take it further, parents are now accompanying their children on interviews at major companies, something unheard of not long ago. By the time young adults enter the work force, they are already conditioned for micromanagement.

Back in the 1970's, offices were tidy, employees came to work properly groomed and dressed, and there was much more discipline in our work habits. Unlike today, there was more emphasis on craftsmanship, customer service, and quality, which are casualties caused by micromanagement.

Just as we rely on technology to assume many functions of the intellect, such as math and spell-checking, some people are perfectly content to let managers control their activities. For most workers though, micromanagement causes workers not to trust management.

When I entered the work force, business was exciting. We looked forward to going to work, solving problems, and creating new products. Lunches were often used to debate ideas and formulate strategies. Beyond this, we talked about our families and personal lives, thereby forming friendships and bonds with co-workers. You do not see this too much anymore, unless it can be found in Silicon Valley, but I fear this is changing as well.

The concept of business is much different forty years ago. Those entering the work force today seem to believe it is nothing more than creating an app and building an Internet presence. Everything else is meaningless, and there is a tendency to look down their nose at anyone who has to work with their hands for a living. In other words, there is no longer a recognition of the dignity of work.

SOCIETY - Perhaps the most noteworthy change in this area has been the steady decline of morality. Organized religion has spiraled downwards, as have institutions such as scouting, youth sports, and many other nonprofit activities. This leads me to believe that instead of group activities featuring teamwork, we value individuality and have become narcissistic in the process. We even see this on the highway, where people drive to suit their individual whims as opposed to practicing courtesy. Again, I believe technology has affected our attitude in this regard and has made us more angry. Today we hear not only of road rage, but sports rage, school rage, work rage, etc.

Parents have also dropped the ball on raising children. Forty years ago there were many households where the mothers stayed home to tend to their family. However, due to changing socioeconomic conditions, both parents are now more likely to be working as opposed to just one. Consequently, children learn their values from Hollywood and the Internet, not their parents. In many cases, the perspective of children are shaped by teachers, coaches, and classmates, whatever they may be.

There has also been changes in the institution of marriage, where it is now more common to seek divorce instead of trying to work things out and stay together. Even our sense of sexuality is under scrutiny by the PC police. Not surprising, whereas we used to respect laws, be it legal or company policies, now we are too willing to break them.

Today, political correctness rules decorum. What was funny forty years ago is now considered vulgar. We now have to watch our language carefully so we dare not offend anyone, particularly the media. One of the primary reasons Donald J. Trump is so popular with voters today is because people are sick of political correctness.

I also tend to believe we have become socially dysfunctional, again, thanks in large part to technology. We used to have a sense of community where people watched out for their neighbors. If someone was in trouble, you helped out. We would often stop to greet and talk with our neighbors, to perhaps share a joke or tidbit of gossip. Not so anymore; jokes are taboo, and you are now more conscious of what you share with your neighbor. Today, we are less likely to volunteer our time to help anyone or any institution. Now we withdraw into our abodes.

So, What have I learned in the last 40 years? Several things:

* If anything is constant, it is change. And the speed of change is measured by our technology.

* Although technology has changed the world, it has also dramatically changed our personalities.

* We now think smaller, and are afraid of larger challenges.

* Common sense is certainly not common anymore.

* There is little trust between management and workers.

The fact I have remained with the same company for 40 years makes me an anomaly. Years ago, when you joined a baseball team, it was usually for your entire professional career. Free agency changed all that, and changed the economics of the game. Today, it is unlikely anyone will stay with a company for more than ten years, let alone forty.

As to the sweeping changes in technology we have witnessed, I always like to ask, "Has it really improved our quality of life?" There has never been any data to suggest so. It is true we can communicate and compute faster, it has accelerated our healing time in hospitals, etc., but now we demand instant gratification, and we're not happy when we do not get it.

By the way, over the last forty years, I have seen seven presidents; Ford, Carter, Reagan, Bush, Clinton, Bush, and Obama.

So, have I seen any changes in my 40 years of business? Perhaps too many. I'll be curious what the next ten years bring.

Also published with News Talk Florida.

Note: All trademarks both marked and unmarked belong to their respective companies.

Tim Bryce is a writer and the Managing Director of M&JB Investment Company (M&JB) of Palm Harbor, Florida and has over 30 years of experience in the management consulting field. He can be reached at timb001@phmainstreet.com

For Tim's columns, see:   timbryce.com

Like the article? TELL A FRIEND.

Copyright © 2016 by Tim Bryce. All rights reserved.

NEXT UP:  THE HASSLE OF METAL KEYS - A low tech solution for solving our security problems.

LAST TIME:  CULTURAL ASSIMILATION - Adapting to change; WHO is joining WHO?

Listen to Tim on WJTN-AM (News Talk 1240) "The Town Square" with host John Siggins (Mon, Wed, Fri, 12:30-3:00pm Eastern); WZIG-FM (104.1) in Palm Harbor,FL; KIT-AM (1280) in Yakima, Washington "The Morning News" with hosts Dave Ettl & Lance Tormey (weekdays. 6:00-9:00am Pacific); and WWBA-AM (News Talk Florida 820). Or tune-in to Tim's channel on YouTube.

Monday, March 14, 2016

CULTURAL ASSIMILATION

BRYCE ON MANAGEMENT

- Adapting to change; WHO is joining WHO?

(Click for AUDIO VERSION)
To use this segment in a Radio broadcast or Podcast, send TIM a request.

When new people join companies and nonprofit groups there is a natural tendency for them to try and change the culture to suit their work habits, attitudes, and customs. Such changes are sometimes welcomed by the culture, but more often than not, it is steadfastly resisted and the person is rebuffed. Those people who believe the culture should adapt to them, as opposed to the other way around, are in for a rude awakening.

Any time you join an organization, you have to remember YOU are joining THEM, they are not joining you. You would be wise, therefore, to tread lightly until you truly understand the culture and can work within it. In order for any employee or member to be successful, they must believe in and possess the ability to adapt to the corporate culture.

Over the years I have been involved with a plethora of nonprofit groups and have observed the initial reaction of new members to the group. Some can adapt and become a member of the group, others tend to butt heads, become frustrated and quit. As a new member, there is a natural inclination to question policies and procedures in order to better understand the dynamics of the group. I consider this healthy. As an aside, I'm mystified when people join a group blindly and don't ask any questions whatsoever. However, before offering suggestions to change the group, be sure to understand how the group is organized, its history, the duties and responsibilities of the officers, and the politics involved. With rare exception, nonprofit groups can be every bit as political as commercial enterprises, perhaps more so.

People who offer changes without first studying the corporate culture are usually surprised when the officers, elders or the entire membership reject their ideas. As a result, they feel rejected and move along to the next group where they will inevitably run into the same scenario again. Remember this, no matter how logical your arguments are in favor of a change, it is an emotional decision as people perceive it as an alteration to the status quo. If you are a dictator, people will reluctantly accept your changes, but most nonprofits involve a group of officers and people who only understand the status quo and, as such, staunchly defend it. Their mantra is typically, "That's the way we have always done it."

So, what is the best way to implement changes in such groups? First, assimilate the culture and take note of what is right and wrong with it. Second, get into a position of authority, such as an officer where you can establish your visibility and credibility. Third, introduce your changes in smaller increments. If they are successful, the group will begin to trust your judgment thereby paving the way to implement bolder changes later on. Just remember, "You eat elephants one spoonful at a time." (Bryce's Law) If you come on too strong, too bold, too fast, you will undoubtedly become too disappointed and too disillusioned.

Do not despair if things do not go your way. You will inevitably meet with setbacks. It is only natural. You can either decide to withdraw from the group or lick your wounds and move forward. Either way, do not take it personally; you are fighting a culture, not an individual.

"It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than the creation of a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who would gain by the new ones."
- Machiavelli, "The Prince" (1513)

First published: January 3, 2011

Also published with News Talk Florida.

Note: All trademarks both marked and unmarked belong to their respective companies.

Tim Bryce is a writer and the Managing Director of M&JB Investment Company (M&JB) of Palm Harbor, Florida and has over 30 years of experience in the management consulting field. He can be reached at timb001@phmainstreet.com

For Tim's columns, see:   timbryce.com

Like the article? TELL A FRIEND.

Copyright © 2016 by Tim Bryce. All rights reserved.

NEXT UP:  40 YEARS OF CHANGE - Observations of my walk through the corporate world.

LAST TIME:  RECOGNIZING THE PETER PRINCIPLE - "A man has got to know his limitations." - Dirty Harry

Listen to Tim on WJTN-AM (News Talk 1240) "The Town Square" with host John Siggins (Mon, Wed, Fri, 12:30-3:00pm Eastern); WZIG-FM (104.1) in Palm Harbor,FL; KIT-AM (1280) in Yakima, Washington "The Morning News" with hosts Dave Ettl & Lance Tormey (weekdays. 6:00-9:00am Pacific); and WWBA-AM (News Talk Florida 820). Or tune-in to Tim's channel on YouTube.

Friday, March 11, 2016

RECOGNIZING THE PETER PRINCIPLE

BRYCE ON MANAGEMENT

- "A man has got to know his limitations." - Dirty Harry

(Click for AUDIO VERSION)
To use this segment in a Radio broadcast or Podcast, send TIM a request.

The Peter Principle was introduced back in 1969 by Dr. Laurence J. Peter in his book of the same name. In a nutshell, the principle contends that in a hierarchical organization a person will rise to the level of their competency, and trouble arises if the person rises above it. Along with Parkinson's Law, it is one of the most well known principles in the world of management. Unfortunately, young people are unfamiliar with the concept which is perhaps why we are seeing more people lately rising above their level of competency.

So what are the earmarks of the Peter Principle? Actually, three indicators come to mind:

1. Project estimates and schedules are routinely missed. The person doesn't just miss assignments every now and then, but consistently misses them. This is indicative of the person's ability to see projects through to successful completion or manage by objectives. If he cannot, he either lacks the proper skills and training to perform the work, or simply doesn't care about being late or over budget.

2. The duties and responsibilities as defined in a job description are not being met. Again, this may be indicative of the lack of proper knowledge, skills and experience, or an attitude problem.

3. The person lacks the respect and confidence of the people working around him, not only his subordinates, but his superior and lateral relationships as well. Although this is difficult to quantify, it basically tells us, "Where there is smoke, there is fire." In other words, the person either has bad social skills, or his peers already know what he is capable and incapable of doing.

Aside from dealing with someone who is in over his head, the real challenge is to hire the right person for the right job, which is not quite as easy as it may sound. Human resource departments may have a battery of tests to verify a person's skills and general knowledge, but successful experience and attitudes are much harder to substantiate. Again, there are three areas to consider:

1. Ability to meet project estimates and schedules. This is difficult to demonstrate and management inevitably has to rely on the person's word for their performance. Then again, if the person had been using a Project Management system at his last job, he may have access to documentation which reflects his performance.

2. Understands the job he is applying for. This is where a lot of people get into trouble as they do not really grasp the significance of the job they are applying for, but like the title. Regretfully, people too often chase titles as opposed to jobs. To test his knowledge, ask the person to articulate the job description and how he would satisfy the requirements for it. Further, has he performed a comparable job like this before?

3. Respect of the people he worked with. Again, this is difficult to substantiate as people are more reluctant to give references these days in fear of possible litigation for giving a bad reference. Nonetheless, references should be scrutinized as closely as possible.

The one question that is commonly overlooked is, "Why do you want this job?" The answers might surprise you, e.g.; "I need a job", "I'm looking to advance myself and need a challenge," "I'm the right person for the job", etc. The one I particularly like is, "I want to make a difference," which indicates to me the person's confidence and ambition.

Hiring people without doing a thorough examination of the person's background is courting the Peter Principle.

Allowing people to stay in a position where they are in over their head is just plain irresponsible on management's part. It is a disservice not only to the company, but to the employee as well. When a person has risen above their level of competency, it will become obvious to others and may affect morale. Standard and routine performance appraisals should help overcome this problem, but if they are infrequently performed or done in an inconsistent manner, the Peter Principle will inevitably kick in. Management should either work with the person to get him back on track, or terminate his employment.

I guess what troubles me here is that people apply for jobs they knowingly are not qualified for, and remarkably, every now and then they slip through the cracks and get the job. In this event, management gets what they pay for.

Originally produced: July 21, 2008

Also published with News Talk Florida.

Note: All trademarks both marked and unmarked belong to their respective companies.

Tim Bryce is a writer and the Managing Director of M&JB Investment Company (M&JB) of Palm Harbor, Florida and has over 30 years of experience in the management consulting field. He can be reached at timb001@phmainstreet.com

For Tim's columns, see:   timbryce.com

Like the article? TELL A FRIEND.

Copyright © 2016 by Tim Bryce. All rights reserved.

NEXT UP:  CULTURAL ASSIMILATION - Adapting to change; WHO is joining WHO?

LAST TIME:  THE NEXT PATTON - Donald Trump possesses many of the same attributes as our famous WW2 field commander.

Listen to Tim on WJTN-AM (News Talk 1240) "The Town Square" with host John Siggins (Mon, Wed, Fri, 12:30-3:00pm Eastern); WZIG-FM (104.1) in Palm Harbor,FL; KIT-AM (1280) in Yakima, Washington "The Morning News" with hosts Dave Ettl & Lance Tormey (weekdays. 6:00-9:00am Pacific); and WWBA-AM (News Talk Florida 820). Or tune-in to Tim's channel on YouTube.

Wednesday, March 9, 2016

THE NEXT PATTON

BRYCE ON POLITICS

- Donald Trump possesses many of the same attributes as our famous WW2 field commander.

(Click for AUDIO VERSION)
To use this segment in a Radio broadcast or Podcast, send TIM a request.

Back in 1970, actor George C. Scott portrayed General George S. Patton of World War II fame. The opening monologue in "Patton" was memorable and set the tone for the General’s character in the movie. At the time, the speech was considered rough and crude. So much so, it wasn’t unusual for some viewers to walk out of the theater after only the opening sequence. It was most definitely not politically correct for the times. Actually, the speech was a compilation of several speeches Patton had delivered, not just one. Nonetheless, he said and meant every word. His "Blood and Guts" no-nonsense style captivated viewers which was rather unusual during the age of the hippie revolution and the Viet Nam War.

For our younger readers, General Patton was a senior officer specializing in tank warfare serving under General Dwight D. Eisenhower ("Ike") in World War II. He commanded forces in Northern Africa, Sicily, and Europe. Patton's battle philosophy was to constantly attack and never hold a defensive position. It was this no-nonsense offensive philosophy which carried his armies from victory to victory. He was well organized, competitive, innovative, insisted on discipline, results oriented, and possessed a huge ego.

Patton's politically incorrect ways embarrassed General Eisenhower on more than one occasion, causing Ike to reprimand him. Nonetheless, Ike knew George was his best battle field commander causing him to recall Patton back to the front and turning him loose on the Nazis. Patton liked to characterize his relationship with Ike, as what General William Tecumseh Sherman was to Gen. U.S. Grant during the Civil War. Sherman was a ruthless warrior who split the South. He may have lacked polish, but he got results.

"Patton" was a movie sensation at the box office, and won the Academy Award for Best Picture, Best Actor (Scott), Best Director, and four other awards. It touched a nerve with the American people who appreciated Patton's straight-forward approach as opposed to what they were witnessing in Viet Nam at the time.

The parallel between Patton and Donald J. Trump is uncanny. Trump is politically incorrect and doesn't sugar-coat his position on anything. Like Patton, he relies on offense when conducting business or campaigning for president. And as should be obvious by now, this election is not politics as usual, this is war.

With each state primary Trump wins, the media becomes more intimidated and attacks him more viciously. It has become so bad, should he win the Presidential election, he might be inclined to put the press corps outside on wooden benches during his administration. Nobody would blame him.

Today we are hearing more and more about holding a brokered Republican convention, meaning the nominee would essentially be selected from a "smoke filled room." Trump's GOP opponents think this is a great idea as they know they cannot defeat him. No, the Republicans should play it straight. If he wins, he wins; if he loses, he loses. Simple. If they mess with him, Trump should take the RNC to the wood shed following his election.

So, why do people hate Donald Trump so much? Several reasons come to mind:

* He is beholden to nobody. Because he is self-financed, he cannot be controlled by a Super PAC or the media. They resent this, and are not used to losing control over a candidate, presidential or otherwise.

* People do not understand a Business Type-A personality, particularly bureaucratic "Type D" personalities who are not adventurous and prefer security (entitlements).

* There is petty jealousy over his success, particularly his detractors in the press. They despise his brashness.

* They are scared of his agenda if elected. As a capitalist, he is the antithesis of Democratic Socialists. Career politicians are also frightened he might upset the system in Washington.

* They prefer the current status quo of gridlock, entitlements, and debt, thinking it is natural.

Some people claim to find him acerbic and uncouth. Like Patton, Trump is a straight-forward personality appealing to a certain type of people, namely the "Silent Majority" who wants results as opposed to gridlock and facade. People cringe when he discusses certain sensitive subjects, yet he has been right about such things as illegal immigration, American companies fleeing the country, our policies in the Middle East, our unbalanced trade deficits with other countries, the divisiveness of the country, the control of the government by special interest groups, etc. Whereas other politicians try to tactfully discuss such subjects, Trump tells it as he sees it, warts and all. People either appreciate his unbridled enthusiasm, or they do not. Either way, they respect his ability to get things done.

Trump is a populist because he says what the silent majority thinks, all of which resonates with mainstream America. He may seem pompous, but he speaks from the heart and appears to believe what he says. Further, Trump hasn't been caught in a lie; and tries to tell the truth, as ugly as it might seem. For example, when he contends, "The World Trade center came down during Bush's administration," it may be unpopular to say this, but it was true.

Like Patton, Trump doesn't seem to care about political correctness. As a businessman, he cares about addressing the true problems and talks about them openly.

He is getting better with the press, but he is still not afraid to body slam a reporter who treats him unfairly. And since the media is predominantly liberal and opposes his every move, can you blame him?

Let's face it, nobody wants Donald Trump to win except the voters. Point him in the right direction, like Ike did with Patton, and he will be unafraid to form ranks and conquer his objectives.

"Alright now you sons-of-bitches, you know how I feel.
Oh, I will be proud to lead you wonderful guys into battle anytime, anywhere. That's all."

- ("Patton")

Also published with News Talk Florida.

Keep the Faith!

Note: All trademarks both marked and unmarked belong to their respective companies.

Tim Bryce is a writer and the Managing Director of M&JB Investment Company (M&JB) of Palm Harbor, Florida and has over 30 years of experience in the management consulting field. He can be reached at timb001@phmainstreet.com

For Tim's columns, see:   timbryce.com

Like the article? TELL A FRIEND.

Copyright © 2016 by Tim Bryce. All rights reserved.

NEXT UP:  RECOGNIZING THE PETER PRINCIPLE - "A man has got to know his limitations." - Dirty Harry

LAST TIME:  TECHNOLOGY PENETRATION - Noting a shift in the devices we use.

Listen to Tim on WJTN-AM (News Talk 1240) "The Town Square" with host John Siggins (Mon, Wed, Fri, 12:30-3:00pm Eastern); WZIG-FM (104.1) in Palm Harbor,FL; KIT-AM (1280) in Yakima, Washington "The Morning News" with hosts Dave Ettl & Lance Tormey (weekdays. 6:00-9:00am Pacific); and WWBA-AM (News Talk Florida 820). Or tune-in to Tim's channel on YouTube.

Monday, March 7, 2016

TECHNOLOGY PENETRATION

BRYCE ON TECHNOLOGY

- Noting a shift in the devices we use.

(Click for AUDIO VERSION)
To use this segment in a Radio broadcast or Podcast, send TIM a request.

A couple of years ago I wrote about a study claiming 25% of two-year-olds possessed a smart phone. I received several comments afterwards from readers aghast at the statistic. I do not know what the stats are today for two-year-olds, but another study has surfaced describing our technology addiction. Last October, the Pew Research Center reported on "Technology Device Ownership: 2015." In the report, the authors described the penetration of our favorite computer technology. Interestingly, there were both ups and downs.

In terms of smart phone use, the Pew study claims 68% of American adults have a smart phone (up from 35% in 2011). This is eclipsed by 86% of younger people, aged 18-29, and 83% of those ages 30-49. Cell phones have gone even farther, from 65% in 2004 to 92% in 2015. This means we are near the saturation point for communication devices. Back in the day of the landline, a telephone in your room was a prized luxury when you became a teenager. Anyone remember the "Princess" phone? Now, nearly 100% of all family members have their own personal phone of one kind or another. Yet, we still cannot seem to answer any of them.

The study also noted the decline of certain devices. For example, portable gaming devices have plateaued and are starting to subside, going from 41% penetration in 2009 to 40% in 2015. Likewise, MP3 devices peaked in 2010 and are now declining to 40% penetration. The one device that surprised me though was the e-Book reader which started in 2009, peaked in 2014 at 28%, but experienced a sharp decline in 2015 to 18%. In all likelihood, these devices are being quickly replaced by smart phones and tablets which are showing steady growth. Either that or people are losing their interest in reading.

Desktop computers and laptops are also starting to decline, presumably because of smart phone and tablet technology. As Pew reports, "Today, 78% of adults under 30 own a laptop or desktop computer, compared with 88% who did so in 2010."

Frankly, I cannot live without a keyboard. The touch screen technology of the tablets is simply not for serious typing.

So, what can we learn from these statistics? Simple; our technology addiction grows unabated even in spite of a major shift in devices, away from desktops, laptops, and traditional devices, and moving towards smart phones and tablets. Understand this, the technology we've imbued our two-year-olds with will likely be obsolete in five years, replaced by something else. Experts have already predicted the demise of the smart phone. I'll be curious to see what it is replaced by.

Related articles:

Also published with News Talk Florida.

Keep the Faith!

Note: All trademarks both marked and unmarked belong to their respective companies.

Tim Bryce is a writer and the Managing Director of M&JB Investment Company (M&JB) of Palm Harbor, Florida and has over 30 years of experience in the management consulting field. He can be reached at timb001@phmainstreet.com

For Tim's columns, see:   timbryce.com

Like the article? TELL A FRIEND.

Copyright © 2016 by Tim Bryce. All rights reserved.

NEXT UP:  THE NEXT PATTON - Donald Trump possesses many of the same attributes as our famous WW2 field commander.

LAST TIME:  WHY WE EAT - Please, do not tell us it's "good for you."

Listen to Tim on WJTN-AM (News Talk 1240) "The Town Square" with host John Siggins (Mon, Wed, Fri, 12:30-3:00pm Eastern); WZIG-FM (104.1) in Palm Harbor,FL; KIT-AM (1280) in Yakima, Washington "The Morning News" with hosts Dave Ettl & Lance Tormey (weekdays. 6:00-9:00am Pacific); and WWBA-AM (News Talk Florida 820). Or tune-in to Tim's channel on YouTube.

Friday, March 4, 2016

WHY WE EAT

BRYCE ON LIFE

- Please, do not tell us it's "good for you."

(Click for AUDIO VERSION)
To use this segment in a Radio broadcast or Podcast, send TIM a request.

When they have commercials on television for food, you often hear about its nutritional value. In a way, it is like when you were a youngster and your mother admonished you to eat your lima beans because it was "good for you." I realize our taste buds change over the years, but I never acquired a hankering for lima beans, even to this day.

To my way of thinking, this "good for you" argument is nothing but a clever subterfuge to get you to eat some rather nasty tasting food. In all likelihood, it was invented by unscrupulous farmers, advertisers, nutritionists, and mothers to induce us to eat through this form of brainwashing. It's a dirty trick and they should just stop it. I would much rather eat something based on its appearance, smell and taste.

Let me illustrate, over the years I have consumed thousands of gallons of citrus drinks, be it juice, the fruit itself, or in some other form, such as a soda. Since I was a kid, I was told it was loaded with Vitamin C, which is good for our immune system and fighting a cold. In the many years I have ingested Vitamin C I have never had a problem contracting the common cold. The point is, if I didn't enjoy the taste of such products, I certainly wouldn't be drinking it just to prevent colds. It's an old wives' tale.

Then we have spinach which, among other things, is said to contain enough iron to make you as strong as Popeye. Sorry, I have seen nothing to this effect. Liver is also supposed to have a lot of iron, but I cannot bring myself to eat it simply due to the horrid smell, which they try to mask using onions and bacon. This does nothing more than ruin some perfectly good bacon.

Then you hear mothers pushing a variety of products containing "antioxidants," which is a fancy name designed to frighten children. There are also vegetables like broccoli and kale which are sources of Vitamin A, C, calcium and manganese, etc. Try selling that to an eight year old.

As to lima beans, they are supposed to be a fat-free source of protein. What they don't tell you is, many beans, including lima, are toxic if they are not boiled for 10-15 minutes. If prepared improperly beans can easily result in food poisoning. It's like the pharmaceutical warnings you hear on television, "May cause nausea, vomiting, strokes, or death;" otherwise it's great for you. So, as a kid, you've got to wonder if your mother was really trying to feed you something nutritious or if she had ulterior motives.

They should forget the nutritional sales job and simply concentrate on preparing something delicious and smells heavenly. Look, if we like it, we will eat it. Why not just give us the nutritional mumbo jumbo in pill form and let us enjoy our meal.

It's all about filling the hole, nothing more, nothing less. Somehow I feel duped after all these years.

And when you still do not want to touch your meal, mothers try to lay the guilt-trip on you of, "Do you realize there are thousands of children dying from hunger in Africa." They are not amused when you answer, "Well then, why don't we send them my plate?"

Also published with News Talk Florida.

Keep the Faith!

Note: All trademarks both marked and unmarked belong to their respective companies.

Tim Bryce is a writer and the Managing Director of M&JB Investment Company (M&JB) of Palm Harbor, Florida and has over 30 years of experience in the management consulting field. He can be reached at timb001@phmainstreet.com

For Tim's columns, see:   timbryce.com

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Copyright © 2016 by Tim Bryce. All rights reserved.

NEXT UP:  TECHNOLOGY PENETRATION - Noting a shift in the devices we use.

LAST TIME:  AT HOME WITH THE MILLENNIALS - Why are so many staying home?

Listen to Tim on WJTN-AM (News Talk 1240) "The Town Square" with host John Siggins (Mon, Wed, Fri, 12:30-3:00pm Eastern); WZIG-FM (104.1) in Palm Harbor,FL; KIT-AM (1280) in Yakima, Washington "The Morning News" with hosts Dave Ettl & Lance Tormey (weekdays. 6:00-9:00am Pacific); and WWBA-AM (News Talk Florida 820). Or tune-in to Tim's channel on YouTube.

Wednesday, March 2, 2016

AT HOME WITH THE MILLENNIALS

BRYCE ON LIFE

- Why are so many staying home?

(Click for AUDIO VERSION)
To use this segment in a Radio broadcast or Podcast, send TIM a request.

This past November, the Pew Research Center published an interesting report noting how younger people, the Millennial generation, are staying home as opposed to moving out. According to the study, the share of today's 18 to 32 year-olds living with parents or relatives include:

2014 -
Men - 42.8%
Women - 36.4%

What makes the study interesting is that Pew tracks the data back to 1940 where the numbers were fairly close to those of today:

1940 -
Men - 47.5%
Women - 36.2%

Following 1940, the numbers dropped downwards hitting a low in the early 1960's:

1960 -
Men - 27%
Women - 20%

The numbers then begin to slowly rise with a sharp uptick in 2000 ending with the numbers as of 2014.

Why the U-turn in numbers? Two things come to mind, the state of our economy and our view of the institution of marriage. In 1940 the country was still embroiled with the Great Depression and about to enter WWII. Because of the economic hardships back then, it was expected you stay at home until you could support yourself. An individual's earning power back then was much less than what we are familiar with today. Further, there were far fewer people attending college back then due to the exorbitant costs.

Today, we have a weak economy which helps to explain why so many Millennials are staying home. As in 1940, many are finding it difficult to find employment, particularly as Baby Boomers stay in the workforce and cannot afford to retire. Further, the Millennials are often saddled with considerable debt, thanks to expensive college loans. In other words, economics is having the same impact today as it did back in 1940.

In terms of marriage, women were expected to stay home in 1940 until they found a husband. This all changed over the next few decades as morality changed, resulting in a permissive society where premarital sex and cohabitation were considered acceptable. Today, our view of marriage is substantially different than 74 years ago, where we now fear commitment and the anxiety of divorce. As Pew points out, "In 2013, young women were half as likely to be married (30%) as young women in 1940 (62%). Census figures show that in 2014, the typical woman began her first marriage at age 27. In 1940, it was 21.5."

When I entered the workforce in the mid 1970's, the figures were at:
Men - 28%
Women - 23%

The economy was much stronger back then as the Greatest Generation was now in control of business. Frankly, it was an exciting time. Unlike the Millennials though, the Boomers wanted independence. It was not unusual for a person in their mid-to-late twenties to be living independently, whether in an apartment, condo or house, to be married, and have at least one child.

Today, there are questions about the Millennials staying at home; for example, will they become a burden; what should their responsibilities be; and should they be paying for staying at home? All are touchy subjects and ultimately based on the family unit and economics. In all instances, the Millennials should be expected to pull their weight in terms of duties and responsibilities around the house. As to economics, there are two schools of thought: that the Millennial should pay rent or should be allowed to save his/her money to pay off bills or finance their independence (move out)? In some cases, parents take the rent and put it in a separate bank account to assure the sibling cannot spend it. Others will use the rent to help pay for household bills, such as utilities and food. It ultimately depends on the relationship of the family members and economic needs. However, many experts claim allowing the offspring to stay home too long is detrimental to the siblings, who should be pushed out of the nest for their own good.

What I find most interesting about the Pew survey is how the numbers of today mirrored those of 1940. It proves "what goes around, comes around."

Also published with News Talk Florida.

Keep the Faith!

Note: All trademarks both marked and unmarked belong to their respective companies.

Tim Bryce is a writer and the Managing Director of M&JB Investment Company (M&JB) of Palm Harbor, Florida and has over 30 years of experience in the management consulting field. He can be reached at timb001@phmainstreet.com

For Tim's columns, see:   timbryce.com

Like the article? TELL A FRIEND.

Copyright © 2016 by Tim Bryce. All rights reserved.

NEXT UP:  WHY WE EAT - Please, do not tell us it's "good for you."

LAST TIME:  ACQUISITIONS: A BAD SIGN? - Another indicator of the fragile state of our economy.

Listen to Tim on WJTN-AM (News Talk 1240) "The Town Square" with host John Siggins (Mon, Wed, Fri, 12:30-3:00pm Eastern); WZIG-FM (104.1) in Palm Harbor,FL; KIT-AM (1280) in Yakima, Washington "The Morning News" with hosts Dave Ettl & Lance Tormey (weekdays. 6:00-9:00am Pacific); and WWBA-AM (News Talk Florida 820). Or tune-in to Tim's channel on YouTube.