My daughter Kelli works as in intern for the Kitsap Blue Jackets professional baseball team. She just learned a lesson about where to park at a ball game. The only car parked beyond the outfield fence - the home run went after her car like a magnet! I figure this is good advice for everyone:)
I believe this is a positive step for the company and the industry. The insurance industry has come under fire for a number of different reasons, most brought on by themselves. The perception is an “old boys network” that is only out to make money for themselves. Even though Mr. Ayer’s salary was down 31%, he still took home a cool $7M while his stock was down 78% over the last 12 months. Investments and bad annuities killed The Hartford.
A new face and bold ideas would refresh the company. Insurance companies need to become more innovative and lean if they are going to survive in this market. If Hartford makes the right choices, the resignation of one of the “old guard” will result in better results and more importantly better products for consumers. When Mr. Ayer said it was the right time for him to make “retirement plans,” he was right. It’s time for a fresh start.
If you follow my insurance consulting articles, you’d know I’ve been touting employment practices liability insurance for years. This is front page of today’s Wall Street Journal. Pretty staggering numbers over the past decade.
I often try to bring business value to my clients and community that fall outside of insurance. Here is an excellent example. This provocative and exceptional article is perfect for any business owner looking to survive this challenging time. It’s about a 10-minute read, but a must-read if you run a business.
We’ve often heard the deeds of those who risk their lives to save others. I never cease to be amazed when I see it come from animals who aren’t as “smart” as we are. Check out this great video. Ironically, last November I saw the same thing occur as I was driving home one evening, except it was raccoons instead of dogs. It touched me then as heroic, as does this…
I’m getting my 2009 started in style. I’m heading to the chilly Northeast - Rhode Island to be exact - for some good old educating. I’m excited to be attending a workshop being presented by the “Rock Star of Consulting” Alan Weiss. It will improve my game and career.
What about you?
Are there ways you can improve your game? What kind of education will give you the ROI that your business needs? Start 2009 off the right way - educate yourself on ways to improve your business and you will be preparing for a banner year.