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Oracle of Dilbert: Trump is leading as a CEO, not a politician
Posted on 12/1/16 at 11:48 am
Posted on 12/1/16 at 11:48 am
LINK
quote:
And there is one trick the good leaders do that bad leaders don’t: They make some IMMEDIATE improvement that everyone can see. It has to be visible, relatively simple, and fast.
Why?
Because humans are not rational. Our first impressions rule our emotions forever. Trump has a second chance to make a first impression because his performance as President is fresh ground. Trump is attacking the job like a seasoned CEO, not like a politician. He knows that his entire four-year term will be judged by what happens before it even starts. What he does today will determine how much support and political capital he has for his entire term.
So what does a Master Persuader do when he needs to create a good first impression to last for years? He looks around for any opportunity that is visible, memorable, newsworthy, true to his brand, and easy to change.
Enter Ford.
Enter Carrier.
Trump and Pence recognized these openings and took them. Political writers will interpret this situation as routine credit-grabbing and exaggerated claims. But business writers will recognize Trump’s strategy as what I will call the “new CEO Move.” Smart CEOs try to create visible victories within days of taking the job, to set the tone. It’s all about the psychology.
If you are looking at Trump’s claims of success with Ford and Carrier in terms of technical accuracy and impact on the economy, you will be underwhelmed. But if you view it through a business filter and understand that psychology is the point of the exercise, you’re seeing one of the best new CEO moves you will ever see.
I’ll say this again because it’s important. We’re all watching closely to see if President Elect Trump has the skill to be president. And while you watch, Trump and Pence are pulling off one of the most skillfully executed new CEO plays you will ever see. Remember what I taught you in the past year: Facts don’t matter. What matters is how you feel. And when you watch Trump and Pence fight and scratch to keep jobs in this country, it changes how you will feel about them for their entire term. This is a big win for Trump/Pence disguised as a small win.
The political press will dismiss Ford and Carrier with fact-checking. But the stock market will be smarter. Experienced business people recognize the “new CEO” move and they know how powerful and important it is.
If you are worried about Trump’s talent for leadership, this should help set your mind at ease. He hasn’t even started the job and he’s already performing better than any past president in the same phase.
4
Posted on 12/1/16 at 11:51 am to joshnorris14
quote:Is this the same stock market that dropped precipitously upon hearing Trump won, then finally realized it's not a big deal and resumed an upward trend?
But the stock market will be smarter.
Posted on 12/1/16 at 11:52 am to buckeye_vol
Is that a rhetorical question?
Is this?
Is this?
Posted on 12/1/16 at 11:53 am to buckeye_vol
quote:
Is this the same stock market that dropped precipitously upon hearing Trump won, then finally realized it's not a big deal and resumed an upward trend?
Yeah, presumably. What's the point of this query exactly?
Posted on 12/1/16 at 11:55 am to joshnorris14
Based dilbert merchant is right in this one. I think alot of it was about keeping his promise. Trump said that it would be so easy to do and that nobody just does it.
He said he loves to make those phone calls.
He said he loves to make those phone calls.
Posted on 12/1/16 at 11:55 am to buckeye_vol
I don't understand this point. The market initially wanted Hillary for "stability" because they knew what she was about. Once the market actually looked at Trump's policies and how they would be, according to many, pro-growth, they rallied behind that.
Posted on 12/1/16 at 12:17 pm to Jyrdis
I feel like the precipitous crash of the futures market happened early on election night while many were still predicting a Hillary win. Once the election started to swing towards trump, I felt like the markets began shooting upwards again. Maybe wall st was more fearful of Hillary than we were lead to believe by msm and actually realized the good trump could do
Just my recollection from election night fwiw
Just my recollection from election night fwiw
Posted on 12/1/16 at 12:44 pm to Y.A. Tittle
quote:That the stock market overreacts, despite no justification for that overreaction; however, it does usually self-correct.
Yeah, presumably. What's the point of this query exactly?
So to argue this:
quote:When the "first impression" of election night by the stock market didn't maintain because reason kicked in.
Our first impressions rule our emotions forever.
That is also counter to this:
quote:since that same tendency toward "reason" wouldn't support this:
If you are looking at Trump’s claims of success with Ford and Carrier in terms of technical accuracy and impact on the economy, you will be underwhelmed.
quote:In other words, the press will resorts to facts, but the market will be "smarter" and have an opposite reaction, presumably counter to the facts.
The political press will dismiss Ford and Carrier with fact-checking. But the stock market will be smarter.
Besides, if he is going to base his hypothesis on the irrational nature of humans, then it's dishonest to presume the irrationality would favor one side of rationality over the other.
This is just another example of Adams making things up, but hiding that by pretending it's based on some expert understanding of psychology.
Posted on 12/1/16 at 12:50 pm to buckeye_vol
quote:
Is this the same stock market that dropped precipitously upon hearing Trump won, then finally realized it's not a big deal and resumed an upward trend?
Well, it's the same market that set records for a 24 hour rebound, caused by the realization that Trump had won. It's the same market that set an all time high for the Dow. Because Trump is going to MAGA and the market is reacting.
Posted on 12/1/16 at 12:51 pm to mofungoo
quote:Exactly. That first impression didn't rule the emotions forever like the article states.
Well, it's the same market that set records for a 24 hour rebound, caused by the realization that Trump had won.
Posted on 12/1/16 at 12:57 pm to buckeye_vol
quote:
In other words, the press will resorts to facts, but the market will be "smarter" and have an opposite reaction, presumably counter to the facts.
You presume to much. He describes the business world as understanding this move as a CEO type move that will inspire confidence in future actions
Posted on 12/1/16 at 1:00 pm to joshnorris14
quote:But then if the business world reads his column, wouldn't that minimize this since they now know the purpose was "psychological?"
He describes the business world as understanding this move as a CEO type move that will inspire confidence in future actions
Posted on 12/1/16 at 1:01 pm to buckeye_vol
You are downplaying this. You are better than that.
Resume an upward trend? It's at an all-time high
Resume an upward trend? It's at an all-time high
Posted on 12/1/16 at 1:04 pm to PaperTiger
quote:Well yeah. Just like the previous all-time highs under Obama; like I said, the stock market has an upward trend.
Resume an upward trend? It's at an all-time high
Posted on 12/1/16 at 1:06 pm to buckeye_vol
quote:
But then if the business world reads his column, wouldn't that minimize this since they now know the purpose was "psychological?"
Do Board of Directors grow weary of their CEOs because they know seemingly successful moves were done for their psychological effect?
Posted on 12/1/16 at 1:08 pm to joshnorris14
Same can be said for cabinet picks.
A good CEO doesn't surround himself with lackeys. That's what the dems did and now they've completely lost touch with the electorate. A good CEO surrounds himself with smart people with diverse skill sets. Dems melting about Trumps cabinet picks should take notes.
A good CEO doesn't surround himself with lackeys. That's what the dems did and now they've completely lost touch with the electorate. A good CEO surrounds himself with smart people with diverse skill sets. Dems melting about Trumps cabinet picks should take notes.
Posted on 12/1/16 at 1:09 pm to joshnorris14
quote:Probably not as long as it doesn't have a detrimental on the actual fundamentals of the company.
Do Board of Directors grow weary of their CEOs because they know seemingly successful moves were done for their psychological effect?
But I doubt they would announce it to the world, and let the market know it's not substantive, like Adams just did.
Posted on 12/1/16 at 1:10 pm to buckeye_vol
Adams is a business leader?
Posted on 12/1/16 at 1:12 pm to joshnorris14
quote:No, but if he's revealing the "secret" then he's doing Trump a disservice.
Adams is a business leader?
Posted on 12/1/16 at 1:14 pm to buckeye_vol
Persuading people that Trump is an effective leader and understands what other successful leaders employ to be successful is a negative.
I need more negative people in my life
I need more negative people in my life
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