Bad to the Bone: Dealing With a Bad Boss

By Susan M. Heathfield,

Dealing with a less than effective manager, or just plain bad managers and bad bosses, is a challenge too many employees face. No matter the character of your bad boss, these ideas will help you deal with your bad boss.

Start your campaign by understanding that your boss may not know he is bad. Just as in situational leadership, the definition of "bad" depends on the employee's needs, the manager's skills and the circumstances.

Recommended Approach to the Unwitting Bad Boss

- Talk to this boss. Tell him what you need from him in term of direction, feedback and support. - Be polite and focus on your needs. Telling the boss he’s a bad boss is counterproductive and won’t help you meet your goals.
- Ask the manager how you can help him reach his goals. Make sure you listen well and provide the needed assistance.
- Seek a mentor from among other managers or more skilled peers, with the full knowledge of your current manager, to enlarge your opportunity for experience.
- If you’ve taken these actions, and they haven’t worked, go to your boss’s manager and ask for assistance. Or, you can go to your Human Resources staff first, to rehearse and gain advice. Understand that your current boss may never forgive you, so ensure you have done what you can do with him, before taking your issues up the line.
- You may never hear what the boss’s boss or the HR staff did to help solve your bad manager’s behavior. It’s confidential. But, do allow some time to pass for the actions to have their desired impact.
- If nothing changes, despite your best efforts, and you think the problem is that they don’t believe you, draw together coworkers who also experience the behavior. Visit the boss’s manager to help him see the size and impact of the behavior.
- If you think the problem is that your boss can’t – or won’t – change, ask for a transfer to another department. This recommendation presumes you like your employer and your work.
- If a transfer or promotion is unavailable, begin your search for a new job. Fleeing is always an option. You may want to conduct your job search secretly, but under the circumstances, it may be time for you to go.

Click on the title link to read more. See what to do When the Bad Boss Knows.

Hun Sen's Diplomatic Juggling Act

While the US interests for Cambodia come mainly from terrorism, China involvement is driven by economic interests.

More than any other Southeast Asian country, Cambodia finds itself caught in the middle of competing United States and Chinese diplomatic overtures. With Washington offering bilateral strategic initiatives and Beijing rich financial assistance, Prime Minister Hun Sen has deftly balanced the country's diplomacy between the two superpowers to his government's political advantage.

Cambodia's economy is expanding at double digit growth rates and China's economic interest in the country has intensified since 2005, when US oil company Chevron discovered what some have projected are large stores of oil and gas off the country's southern coast. Those growing commercial ties were witnessed in the establishment in February of a special economic zone at the coastal town of Sihanoukville, from which goods will be produced for export duty free to China.

While China's economic influence grows, that of the US is on the wane. In recent years the US has given around $150 million in annual economic aid, a small fraction of China's commercial patronage. At the same time US-Cambodian trade ties have fallen off, seen in the 30% year-on-year decline in garment exports to the US in 2007. The US has long been the primary importer of Cambodian textiles, which is still the country's largest export item.

By offering more aid through strategic initiatives, the US policy towards Cambodia has apparently shifted after emphasizing throughout the 1990s the promotion of democracy and the rule of law. That frequently put the two sides at diplomatic loggerheads, notably over an FBI investigation into a March 1997 bomb attack.

While the US tries to deflect China's commercial diplomacy, Beijing has simultaneously landed on ways to unite economically and culturally with Cambodia, including through outreach to politically influential ethnic-Chinese entrepreneurs. It's also apparent, some say, in the fading popularity of the English language over Mandarin Chinese, also known as Putonghua, in local schools. Cambodia is now home to the largest Chinese school in Southeast Asia, Duan Hua, which currently enrolls over 8,000 students. The most popular Chinese courses are specifically geared towards business, with students reasoning that English language capability may help to land jobs with international aid organizations, while Mandarin, which is taught across mainland China as the official language, will catapult them into more lucrative positions in business.

Cambodia's Construction Boom

Golden Towers 42 (under constuction), Pharos Mekong Towers (in planning)

By roatha007

Cambodia has seen unprecedented construction boom in recent years, driven largely by S. Korean investment. Mega construction projects include Camko City, Golden Tower 42, De Castle Royal, Koa Pich, Boeng Kok, PP Pearl, PPSES and River Palace. The boom is driven by economic factors and speculation:

• Macroeconomic and political stability: This is the first and foremost driver. Improved macroeconmic management and CPP's dominance play a vital part in boosting confidence in construction investment.
• Rapid economic and population growth: The stability has contributed to double digit growth . Combining with high population growth, it is expected that there will be more affluent people demanding better living and shopping places, entertainment centers...
• Tourism boom (Angkor factor): Tourism is shooting up and is expected to boom in the near future. As a result, there is a high demand for hotels, resorts and entertainment centers. The trend is obvious in Siem Reap, and PP and Kampong Som are joining the rank. The upswing also helps prop up other sectors.
• Influx of foreign investment and equity funds (spill-over effect): Cambodia's investment-friendly policy has attracted investors hoping to reap windfall profits. Some investors and private equity funds find Cambodia a safe heaven in hedging against international financial turmoils and avoiding strict regulation in neigbouring countries. Investing in real estate is a wise decision in this sense. Some Korean construction companies have shifted to Cambodia due to the high cost and restriction in VN.
• Cambodia's lost decades: Decades of turmoils and destruction means Cambodia is in immense need of all types of infrastructure, both private and public.
• Underground money: The laundering of money obtained from corruption and other illegal activities contributes to construction boom. Cambodia's present situation and lax law enforcement provide a rare opportunity for money laundering; investing in real estate in a fast growing economy is a best option in yielding quick and high return. Some development projects by foreign investors, esp those from eastern Europe, are in fact international money laundering.
• Last but not least is speculation and somehow opportunism: The indirect-but-indispensable element is optimism. There are a lot of speculation about Cambodia's hidden wealth and positive prospect. These include agricultural potentials, unexploited natural resources (esp oil), tourism promise and political stability. The boom is much more about speculation than reality, as most mega projects are still in planning stage. Big investments in Cambodia are still very risky, and investors are adopting wait-and-see attitude.

Real estate boom in Cambodia's capital: http://www.businessweek.com/globalbiz/content/jun2008/gb2008062_768642.htm

Special supplement on real estate in Cambodia: http://www.phnompenhpost.com/index.php?option=com_news_portal&Itemid=54&id=44&lang=en&sectionid=18&task=category

Cambodia's mega projects on Youtube: http://uk.youtube.com/watch?v=dEQCNQ1GKxQ&feature=related

The World's Happiest Countries

A British researcher merged dozens of statistical metrics to rank nations on the elusive notion of contentment.

By Marina Kamenev

Feeling blue? Perhaps you live in the wrong country. A recent study from Britain's University of Leicester examined a range of statistical data to devise a ranking of the world's happiest nations. Heading up the list: Denmark, which rose to the top thanks to its wealth, natural beauty, small size, quality education, and good health care. At the bottom were Zimbabwe and Burundi. There were a few surprises along the way, too. Asian countries scored worse than researcher Adrian White expected. Capitalism — sometimes criticized for its heartlessness — was far from a source of discontent, though the top-scoring capitalist countries also tended to have strong social services. And the U.S. ranked only 23rd, due to nagging poverty and spotty health care.

Not surprisingly, the countries that are happiest are those that are healthy, wealthy, and wise. "The most significant factors were health, the level of poverty, and access to basic education," White says. Population size also plays a role. Smaller countries with greater social cohesion and a stronger sense of national identity tended to score better, while those with the largest populations fared worse. China came in No. 82, India ranked 125, and Russia was 167. The U.S. came in at 23. View the world's happiest nations: http://images.businessweek.com/ss/06/10/happiest_countries/index_01.htm?chan=rss_topSlideShows_ssi_5

Rating coutries for happinest factors: http://www.businessweek.com/globalbiz/content/oct2006/gb20061011_072596.htm

CEOs' Words of Wisdom for the Class of 2008

With graduation behind them, newly minted MBAs are getting ready to put their hard-earned knowledge to work. Perhaps some of the most valuable wisdom they received didn't come from professors or coursework, but from the inspirational words of a CEO on the commencement podium. A prevailing theme from this season's commencement speakers was how new challenges—including globalization, social responsibility, and environmental sustainability—will change the role of the leader in the 21st century.

• Muhammad Yunus (the pic), Founder and managing director of Grameen Bank: The 2006 Nobel Peace Prize winner addressed the entire body of MIT graduates, but his message that businesses should exist first to serve social good was perhaps heard loudest by Sloan's MBA grads.
• William Weldon, Chairman and CEO of Johnson & Johnson: Weldon pointed to two adages that have inspired him most: the words written on Jackie Robinson's tombstone—"The value of a life is measured by its impact on other lives"—and his own company's credo, which says strong leaders are those who build a sense of purpose for themselves, their employees, and their organization.
• Jeffrey Immelt, Chairman and CEO of GE: Immelt urged graduates to continue the process of learning throughout their careers—both from successes and failures. "One thing I wish you more than anything else is failure. I don't mean that in a bad way, but I can't tell you how much I've learned from failure. It's how you generate confidence."
• John Denniston, Kleiner Perkins Caufield & Byers: John Denniston told graduates they should be ready to adapt in order to lead during periods of "unprecedented economic transformations."
• Robert Rodriguez, CEO of First Pacific Advisors: "As your career unfolds, you will face many choices. Beware of gravitating to the expected, expedient, accepted, and the safe. They all entail hidden risk. All too often the easier pathway appears to be the safest and surest, but it is not necessarily so."
• Ann Moore, Chairman and CEO of Time Inc: "Inactions may be regretted more in the long term. As you age, you feel worse for not trying."

Click on the link for more wisdoms.