Richard Earle
INDEPENDENCE IN LEADERSHIP
Independence of thought and spirit is a critical model for leaders to set.
Teams work best when all players not only have a clear understanding of their individual missions but are also encouraged to use their eyes and ears to constantly seek widening methods and skills.
Yes... The balance can be tricky, but it is critical to pursue. That balance between independence and chaos requires ongoing feedback with praise (reward?) for valuable innovation and praise (reward?) For accomplishing the task at hand.
Key Steps:
1. A rolling sequence of calendar-based clarification AND inquiry
2. Recognition of positive innovation
3. Ongoing recognition of target completion
This is an Agenda subject to be repeated / enhanced soon.
You are encouraged to send us your thoughts and models for both methods and balance between focus and innovation.
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The Regis Group, Inc.
102 North King Street | Leesburg, VA 20176 |
THE CENTER OF INDEPENDENCE
by Marc Chinoy
I owe my independence to a number of key events and individuals, but of all the distinct personalities to whom I owe life debts, the most significant is Richard Earle.
For decades I have watched and been helped by and learned from this grand mind of advertising (at first) and cause marketing (for the past decade plus). Richard’s wisdom as to how and when to express critical messages benefited all of us on many occasions.
A partial range of his credits have been posted on our TRG website. Over the next months we will be posting his concepts and recommendations on an ongoing basis.
Now, we reach an unfortunate moment when health issues have begun to impede on his natural love of engaging and assisting all of us as we move forward with the conversion of experiences into direct benefits for an ever widening world of clients.
With the active (and enthusiastic) cooperation of his lifetime mate and partner, Pat Earle, founder of First R Foundation, Inc., we will continue to provide you with as complete an overview of Richard’s distinctive methods for reaching into the world of commerce by asking the right questions first, and then offering suggestions to reach desired outcomes. We will continue to engage his thoughts over time, even though his direct contact with clients is now limited.
So... Here is to you Richard. We all are hoping that the next turn of events has you solidly engaged with all of us, with thoughts, and guidance and counseling on how we can reach out our message better to an ever expanding world.
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Focus on the Future
Guest Predictions:
Chris Shipe
Guest Predictions is a regular feature in which we ask leaders in a number of professions a set of questions that affect us all.
Chris Shipe is the President/CEO of Loudoun Mutual Insurance Company located in Waterford Virginia. Founded in 1849 by the Quakers, Loudoun Mutual is one of Virginia’s oldest continually operated businesses. After a stint in the US Army as a tank crewman in Germany he joined the insurance industry. He began his insurance career with the Bechtel Construction Company, where he did risk management and safety. He holds both the CPCU and AIT professional designations. He has been very active in the insurance trade association and served as the Chair of the Property Casualty Conference which plans education events for the insurance industry.
Chris serves as a Director of the Rappahannock Electric Cooperative. He is a trustee of the Duncan Methodist Church, and volunteers with the John H. Enders Fire and Rescue Company in Berryville Virginia where he serves as President. He and his wife helped start the Columbia-Montour chapter of Habitat for Humanity and have continued to volunteer with Habitat including traveling to Mississippi on two occasions to do Hurricane Katrina relief work.
Q: What changes in your professional environment in the past 3-5 years have you found to be the most beneficial?
A: Insurance is the business of assessing, accepting and pricing risk. Technology has given us additional tools to learn more information about a particular risk, as well as to analyze, segment and price risk. Additionally, technology, particularly e-commerce, has allowed us to become so much more efficient and effective in the initial processing and ongoing servicing of insurance transactions.
Q: What changes have been the most troubling to you?
A: The wide-spread availability of information is a two edged sword. On the one hand it has allowed insurance companies to more accurately judge risk, on the other hand there are emerging privacy issues that concern me. The developing technology of “telemetrics” where policyholders allow insurance companies to install a black box in their car to monitor their driving habits certainly will allow companies to more accurately assess risk, but at what cost to the customer’s privacy? It strikes me as getting a bit too close to George Orwell’s vision of Big Brother monitoring everything we do.
Q: How will globalization affect your professional area in the near term?
A: Through reinsurance, which essentially is the process of an insurance company spreading its risk to other insurance companies, insurance is extremely interconnected globally. At Loudoun Mutual we have reinsurance partners in Japan, Australia, Bermuda, England, and Germany. As a result financial impairments or disasters in other parts of the world affects the cost and availability of reinsurance, which in turn can affect the price we have to charge our policyholders. In most years, globalization has greatly benefited Loudoun Mutual’s policyholders by allowing us to spread risk globally. Unfortunately that was not the case in 2011, when there truly was no place on earth that was not impacted by disasters or financial impairments.
Q: What significant challenges might be anticipated in your professional area in the next few years?
A: Keeping pace with technological developments so that we can compete with larger insurance companies and meet our policyholders’ needs and expectations. Also, being able to attract and retain talented and dedicated employees who understand and appreciate our corporate culture.
Q: What are the greatest challenges confronting young professionals in Western culture today?
A: Every generation thinks that the pace of change facing the next generation will be difficult to follow. Maybe it is a sign I am getting older that it seems to me that change is getting exponentially faster and harder to track. I also am troubled by the demise of the social contract between the companies and employees. The pressures for short term results, has many companies unwilling to invest in employees for the long term. As a result, this has led to employees not being as committed or dedicated to those companies. I feel very blessed to work for a mutual insurance company that has cooperative governance. This business model has helped us find the right balance between our people and profits.
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Marc Chinoy
President's Letter
INDEPENDENCE IS OUR THEME
This month’s President’s letter is a flag pointing to a dual message in this month’s Agenda.
To the left is an article that started as a most unusual president’s letter itself and ended as a personal message of tribute.
Independence Day has special meaning to me, individually, as I have begun to swing a great deal of attention to individual enterprise through our team’s Converting Your Career effort, the heart of which is developing a set of tools all leading to personal independence.
The core of our celebration on the Fourth is the concept that in America we
each have the right to take ownership of our future, to which I add the request that we all consider whether we are taking this where we might.
So a Happy Independence Day to all of Our Readers.
Let’s see where we can take this next.
Until the next time,
Marc Paul Chinoy
BizSpeak!
Winner of the Month:
Special one time Bizspeak application:
In the Dog eat Dog World you better Bite the Bullet and Dot Your i's and cross your t's, Jump Through Hoops, Kiss Up, and be a Yes Man to gain Brownie Points as you Climb the Corporate Ladder.
Otherwise, you may have a Bitter Pill to Swallow if you Jump the Gun, Sacrifice the Sacred Cow, and turn the Cash Cow into hamburger.
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