• Do others ever distract you at work?

    28 Jul 2017 | 12:00 am

    Folks tried to distract Nehemiah and he responded, "...I am doing a great work and I cannot come down. Why should work stop while I leave it and come down to you? (Nehemiah 6:3 NASB). Often, we have a key[…]

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Steve Marr Blog

Steve Marr's contributions
Jun 16
2017

Journalism Now Automated

Posted by Steve Marr in Untagged 

I have written in previous blogs about how many tasks are becoming automated and having a profound effect in the workplace and society. Last fall the Washington Post published an article about how many political races were reported using automated technology (http://wapo.st/2pIO47B  ). The article is worth reading. In summary, it reports than an algorithm has been created to generate stories from Internet content and produce it in written form. An editor or writer may easily add analysis. A program like this, while in its infancy, eliminates the need for low-level research assistants and basic writers.  It means that automation is affecting an area where you think it wouldn't have any influence.  A key principle to keep in mind is that in business if something can be automated, it likely will.

Jun 12
2017

Beware of Changing Business Models

Posted by Steve Marr in Untagged 

Business models and the landscape for them change quickly. Several recent examples include Kodak's bankruptcy because they failed to embrace the new digital camera technology.  We all know that Amazon is wreaking havoc on the traditional brick and mortar stores.  Newspapers all over the country are folding because they are unable to compete with new online models.

Jun 08
2017

The Post Office Declines in Relevance

Posted by Steve Marr in Untagged 

The post office is one of the oldest institutions in America founded in 1789 as a government monopoly.  Benjamin Franklin added postmaster to his long list of activities.  Years ago in my corporate work, we received several bags of mail early each morning to be opened and sorted. Employees pulled out checks and deposited them, processed invoices for payment and prepared correspondence. Before I left the corporate position, there was movement to invoice clients electronically and receive payments by wire which reduced paperwork and postal mail.

Jun 05
2017

Seizing Opportunities

Posted by Steve Marr in Untagged 

When I was younger I lived in a Detroit suburb where there was a municipal park on Lake St. Clair. I liked fishing but didn’t have a boat so I frequently fished from the park pier. Most days I caught something and at least had an opportunity to fish. I learned that for two weeks at the end of May there would be a run of what we called silver bass. The current in the lake would brush up against the pier to create the moving water these fish liked. If you dropped a jig or small spinner in the right spot you could consistently catch 15 to 25 fish in a few hours. While these fish were not large, usually ranging between 10 and 14 inches, they were fun and easy to catch. However, when the run ended; the fish were gone. You either caught them during the short window or missed your opportunity. Likewise in business we need to access opportunities when they are available.

May 31
2017

When Someone Asks for Free Financial Advice

Posted by Steve Marr in Untagged 

I have written before about the pitfalls of giving unsolicited or free advice. Recently “Connie” asked me to provide advice to an elderly lady about how to invest $150,000.  When I hear requests like this my first thought is they don’t want to pay an investment advisor because they don’t want to disclose all aspects of their finances.