When teaching a class of undergrads this topic I start off with detailed operational definitions of “sick days,” “personal days,” and “vacation days.” I do this because in the courses that follow mine their professors will expect that I provided this level of detail on the subject. Then I tell them this story of a personal learning experience (read: a goof up).
There were a lot more details but these are the important components for the purpose of this discussion. The client was impressed. It seemed that I really did know everything there was to know about this stuff. I conducted a few trainings, collected my final payment and waited for my six month review time to arrive. Six months later I called the client to see how the Einstein-esque plan was working. The response was, well, less than enthusiastic. In fact, my contact said “the thing is, the employees know the details better than we do. The managers have to look up the details as each situation arises so the policy isn’t being used correctly.” He told me they were about to scrap the plan in its entirety. I sought the counsel of my graduate advisor and mentor. He laughed at me and taught me a lesson that I have never forgotten: complex is just complicated but simple is actually usable. Lesson learned and I returned to my client to correct my mistake.
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#9…..Awesome! Another dry eye and ocular allergy CE lecture!
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I love top 10 lists; mostly because all of them fail to capture the essence of the facts, contexts, and temporal realities. In other words, top 10 lists fail to match my opinions on most things. So I proceed here knowing full well that you will disagree with me. That’s OK. Life would be boring if everyone agreed with me all the time. Just ask my wife who finds life very exciting all of the time.
And last but not least….
Le meas,
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I have a long list of resources I have to keep up with on a monthly basis. On that list is Money magazine. In the September 2008 issue Steven Gandel conducted an interview of Loyola Law Professor Lauren Willis. The topic was the effect of teaching the American public basic financial literacy so that they can adequately evaluate common and basic financial products, such as a home mortgage. Ms. Willis suggests that financial education is a waste of time and money. Her stated reason was that “it doesn’t work. Sellers of financial products spend billions drowning out well meaning messages to consumers from nonprofits or government agencies.” Also mentioned was the fact that financial products are always changing making it “hard for educators to keep up.” She additionally states that “studies show that sending people to either high school personal finance classes or adult retirement seminars does not result in better financial behavior.” What solution does the high minded Ms. Willis propose? Before I tell you let’s see if you can guess. One bit of added data might help out. Her legal specialty is “financial products legislation.” Have you a guess yet? You probably got this one: more governmental regulation. Shocked? Me too; I could not see that one coming. What type of regulation does she propose? She prefers regulation that only allows financial products that “will benefit consumers.” Ms. Willis actually suggests that sellers of financial products should be “required to offer you a default product that is safe. Whenever you applied for a mortgage, for example, you would have to be offered a 30-year fixed amortizing loan.” That sounds wonderful Ms. Willis. Will the seller also have to provide donuts and crumb cake for my snacking pleasure during the sale? Now for my opinion on the role of financial education in our society and Ms. Willis’ proposed course of action. Are you kidding me? This may be the most self-serving, arrogant, condescending, short sighted view I have ever seen. Ms. “Ivory Towers” (it is just a coincidence that my moniker sounds like a strippers name, I promise) is apparently exponentially more cognitively gifted than the rest of us. So us mere mortals should allow her and her cohorts to make our financial decisions for us? Not a chance in hell counselor. Reading between the lines (as well as reading some of the actual lines) shows that this lawyer wants the government to create all the possible financial packages we dullard consumers can choose from. She’d also love it if the sales pitch were scripted by her and those of her ilk (aka the chosen few). I’d laugh at you Ms. Willis if you weren’t so dangerous. I can just hear the people out there saying “yeah, I only want to be able to pick financial products that are good for me.” That would be great for the borrower, right? Maybe not. What if what is best for you isn’t what is best for me? Who decides what is “best” for whom? Ms. Willis? I sure as heck hope not. And finally, can you guess what happens when an industry is regulated to the point where differentiation is nearly impossible? It becomes a government agency such as the Division of Motor Vehicles. Next time you need a loan have fun at the DMV waiting in line for the greatest customer service on earth. Or not. Le meas,
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Having done a bit of writing for the professional optometric press I’ve learned a few things about myself. First and foremost, I have learned that writing is not a core strength of mine. Writing takes a lot of time and effort on my part. Conversations, lectures, and presentations are easier for me. For years I have wished there was a medium where the ease of conversation could blend with the permanence of publication. I think I have found such a medium – blogging. Commensurate with the launching of Waugoo Consulting Group’s new website (www. Waugoo.com) I have decided to start an official blog (official blog? I think that is an oxymoron, but I digress). Here is what I hope to accomplish with this blog:
I, ultimately, will be the one responsible for selecting the topics covered in this format. If I don’t find a topic interesting, anything I might have to say about it will likewise be less than interesting. That said, I am always searching for intriguing issues to address in blogs, articles, and presentations. I am hoping that you, the reader, will become an active participant by sharing what topics you’d like to see discussed. I am asking, for the first of what will likely be many times, for your ideas, questions, comments, and consternation's. Finally, I’d like to add a note about the level of decorum and formality of the blog. There will be little of either. I fully expect to commit errors in spelling, grammar, and most definitely in over generalization. The spelling and grammatical errors will be due to the aforementioned weakness in writing. The over generalization error comes from inevitability of medium and purpose. Every management suggestion you’ve heard has one significant caveat: it may not apply to your idiosyncratic situation. The same holds true for anything I might say on this blog. What may apply to most situations may not apply to your situation. I should also add that my naturally sarcastic and irreverent style can’t be changed; it is what it is. Sometimes this style doesn’t come across very well in written form. This is probably another testament to my lack of writing skill. If unsure of my intent or meaning please at least assume the words are intended sarcasm or irreverence or even better ask me. We all appreciate a second chance to explain our thoughts from time to time. Le meas, John McDaniel, OD, MLHR
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Page 6 of 6
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Justin Bazan, OD
Park Slope Eye
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Warren Eye Care
Dickson Chen, OD, FAAO
High Definition Vision
Nathan Bonilla-Warford, OD
Bright Eyes Family Vision Care


