Management Fortuneteller

Management Fortuneteller Management itself is a profession and it's a lifetime learning journey. Here will be a place for people to exchange management ideas.

07/05/2024

Numerous managers attained their promotions by being among the top performers within their teams; however, a portion of these individuals encountered challenges in transitioning to leadership roles. To evolve into good leaders, they needed to develop many competencies, among which humility was identified as a fundamental attribute. Humble leaders owning the following qualities made them the better ones.



Sandwich generation juggled many glass balls of the financial needs for three generations: the aging parents, minor chil...
12/02/2024

Sandwich generation juggled many glass balls of the financial needs for three generations: the aging parents, minor children, and themselves. Financial planning in advance could help them sleep tight at night.

Sandwich Generation, who were responsible for the financial needs of three generations - their aging parents, minor children, and themselves - often found themselves juggling multiple financial priorities. To avoid dropping any of these fragile glass balls, it was important to plan personal finances

16/01/2024

Manage Key Accounts in B2B Sales.
Key account management is critical in business to business (B2B) sales because not all business customers were created equal.



02/01/2024

New Year Cleaning for Personal Finance.
Everyone spent time cleaning their house to start fresh in new year, but how about personal finance? New year was also a great timing to check the finance health.


Never waste time attending unnecessary meetings. Make the most of meeting if it's inevitable.
18/07/2023

Never waste time attending unnecessary meetings. Make the most of meeting if it's inevitable.



Meeting is for the sake of making conclusions in ONE and ONLY meeting without meeting anymore. Managers attending meeting all day long tried to prove their importance but were found not being productive.

Pick the right place to retire and live happily ever after. Many people didn't plan ahead about the location to retire. ...
15/06/2023

Pick the right place to retire and live happily ever after.

Many people didn't plan ahead about the location to retire. The retirees should consider several factors include: the retirement funds reserved for retirement living, the extent of change of life people can tolerate, the housing needs of other family members, the health condition, and the availability of medical care. The retirees not only hope to live long, but also live healthy and happily ever after.

Everyone Expects a Hundred Year Life. So what? Most people's lifetime can be divided into three stages: Studying, Working, and Retirement.

Future-Proofing Your Organization: Prepare your team to stay ahead in the post-pandemic world.The only constant in life ...
14/09/2021

Future-Proofing Your Organization: Prepare your team to stay ahead in the post-pandemic world.

The only constant in life is change. Companies cannot predict the change but can develop the following practices to survive the changes: 1) Think ahead when defining business-critical roles; 2) Redefine what great looks like; 3) Don’t cut back on management development; 4) Tech up the HR function; 5) Get people to engage with tech; 6) Figure out what tomorrow’s stars want from you.

Future is hard to predict but it doesn't mean companies just give up preparing. Instead, more analytics help companies to predict and then prepare for the future. Ahead is the keyword for companies not only survive the impact of change but also squeeze the resources to prepare for the future needs. Talent with new capabilities is scarce resource every companies fight for. HR and management need to adapt to future all the time.



Prepare your team to stay ahead in the post-pandemic world.

FIRE campaign is a choice that "don't eat the marshmallows now and save for later." As people's life expectancy become l...
30/03/2021

FIRE campaign is a choice that "don't eat the marshmallows now and save for later." As people's life expectancy become longer and longer, the FIRE campaign had evolved into Financial Independence Early (FIE). That means when people become financially independent, they then own the rights to choose how to work and what to work. Work is no longer a mean to make a living but a way to actualize themselves. When people can live for one hundred years or longer, retirement become a fake proposition that everyone need to work on something when they still can: some make a living but others make a life.



FIRE campaign is a choice that "don't eat the marshmallows now and save for later." As people's life expectancy become longer and longer, the FIRE campaign...

"Veni, vidi, vici" in machine learningCompanies all wanted to strengthen their customers' user experience by prediction ...
31/08/2020

"Veni, vidi, vici" in machine learning

Companies all wanted to strengthen their customers' user experience by prediction from machine learning. Many failed to do so not because they don't predict but several barrier are up front. Obtaining enough training data for machine to learn is one and consumers may willingly provide personal data if they perceive a benefit from providing. Periodically updating training data for the ever-changing usage environment is the other and creating faster feedback loop with new technology can help. Poor prediction quality is another. Identifying and secure alternate data sources and differentiating the predictions can let the latecomers catch up with the competition.

It's never too late to learn but non-learners will never survive. "Veni, vidi, vici" from Julius Caesar

https://hbr.org/2020/09/how-to-win-with-machine-learning

And how to catch up if you’re lagging behind

19/04/2020

Took out dinner from the restaurant nearby and I found many people also waited with . At the same time many other restaurants were forced out of business. In the same industry some can survive the turbulent time and while others can't.

"After all, you only find out who is swimming naked when the tide goes out." This is the worst of time and the best of time. Use the can see the essence of the needs that the service and goods try to satisfy. The needs of necessary goods increased and many new opportunities emerged during .

Time to review your retirement money before it's too late.Find a better retirement solution when you still have the capa...
02/04/2020

Time to review your retirement money before it's too late.

Find a better retirement solution when you still have the capacity. Those who mainly use stocks to save nest egg for retirement, ask yourself the following questions.

1. Can you survive the up-and-downs in the turbulent market?
2. Can you always have enough money as long as you live?
3. Can you beat the inflation and (almost) zero interest rate?
4. Can you still make the right decision to keep your money?

Retirement planning is like you opened the Pandora's box and found 'Hope' coming with the Zeus's curses: the behavioral, longevity and market risks. You also face the choices on whether to accumulate or to decumulate, retirement income or return on investment, and to survive or to thrive.

Be Your Own CFO Made Easy with WealthTechEveryone face different financial challenges during lifetime and need different...
26/03/2020

Be Your Own CFO Made Easy with WealthTech

Everyone face different financial challenges during lifetime and need different solutions like investment, insurance, retirement, and estate planning. WealthTech empowers everyone to become their own CFO with financial autonomy.

https://medium.com/.e.chen/be-your-own-cfo-made-easy-with-wealthtech-bd8e3aeb0456

Not everyone can be a CFO for enterprises, but everyone can be his or her own CFO to manage person finance. Personal CFO needs manage a finance health: 1) manage monthly spending less than income, 2) accumulate assets for future needs and last but not least 3) protect from the unexpected incidents,

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