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Waste your Time...Budgeting

A Leader's Biggest Timewasters

Business leaders carry out many time consuming activities that yield little value.

They are, in reverse order of wasted time:

5. Budgeting

The annual budget round has at times descended into farce, in particular:

• Guessing the cost and benefit of projects
• Hiding the cost of training inside other cost codes, as it is the first target for cutback
• Ensuring that as end of year approaches the budget is spent in full, for fear that coming in under budget will lead to it being reduced the following year.

Tip: Be clear on what you want to achieve first, then budget, not the other way around

Send your own leadership how-tos that work for you - openly by comment to this post, or anonymously (guaranteed) by e-mail to davidprivate@nakedleader.com

Powerful Words and Phrases - sent in by you

How to approach a member of the opposite sex and immedietely generate interest in you:

Pay a sincere compliment and/or ask a question about an area of common interest, such as work, hobby or sport.

Great story

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Comments (1)

A client of mine received a cease and desist letter from a large US corporation.It concerned a website where he was registered as the admin contact, with his home address and work phone number. He knew nothing about this site until he got this letter.

He rang me as his IT consultant and asked me to look into it. I looked up the whois and sure enough there he was.
The email address of the admin had been hidden by the hosting company.

What would be the best course of action?

Take control of the situation as I did by requesting that the hosting company handover the control of the admin to my client, on the grounds that if he is not in control he cannot comply with the cease and desist.

Or do nothing? leave the mysterious hacker out there using your clients name?

Please tell me your thoughts on this real problem that happened to me last friday.

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This page contains a single entry from the blog posted on September 24, 2007 9:00 AM.

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