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Train Wreck

July 25, 2008 6:05 AM PDT

(Credit: Steve Tobak)

If you could push a button to lose weight, would you do it? Sure you would. That's why diet and nutrition crazes are so popular.

If you could take a pill and improve some part of your physique or become smarter, would you take it? Of course. That's why we see so many ads on TV and the Internet for that kind of crap.

What? Too smart to believe a pill can really do those things? That's cool. How about signing up at the local health or fitness club. Or buying self-help books. We're joining clubs and buying books in record numbers. But we're still not getting any thinner or happier.

Our society is obsessed with quick fixes. But that doesn't change the sad fact that quick fixes don't work. And nowhere is that more evident than in the workplace.

According to a publication from the Centers for Disease Control's National Institute for Occupational Safety and Health called "Stress...at Work": "The nature of work is changing at whirlwind speed. Perhaps now more than ever before, job stress poses a threat to the health of workers..."

The report goes on to quote a number of studies:

According to Northwestern National Life, 40 percent of workers report their job is "very or extremely stressful" and one-fourth of employees view their jobs as the No. 1 stress in their lives.

According to the Families and Work Institute, 26 percent of workers report they are "often or very often burned out or stressed by their work."

According to a survey by Yale University, 29 percent of workers report they feel "quite a bit or extremely stressed at work."

The data is sobering, if not downright depressing.

(Credit: Steve Tobak)

The Bureau of Labor Statistics reports that there are currently about 146 million workers in America. That means at least 40 million of you are really stressed at work. Is it comforting to know you're not alone? No? Then you're probably not going to like this either. There's no quick fix. If there were, you'd all be doing it and the numbers would be going down instead of up. I mean, that's what a quick fix is, right? Quick.

Still, there is hope. The technology industry employs a technique called the scientific method. We postulate ideas--based on observation--then test them to see if they're true. A painstaking, iterative process, to be sure. But it works. When you troubleshoot problems with your computer and other gadgets, you're employing the same method, although you might not realize it.

You can employee the same logical methods in resolving the workplace issues that are stressing you out. But first you have to give up the quick fixes and make a real commitment to deal with and resolve your issues. You can't just go through the motions.

You can start by checking out these posts to see if any of the subjects resonate with you. No, they're not quick fixes, but as I said, there really aren't any. These posts offer insight and methodical steps that will set you on the right path.

1. Are you creating your own workplace stress?
2. Recognizing and preventing burnout
3. How are you doing?
4. Dealing with workplace conflict
5. How to manage a crisis, any crisis
6. The back-to-work blues
7. Conquering your fear of public speaking
8. Why you need to take risks
9. The secret to finding a great job
10.Do you have a dysfunctional workplace?

Bottom line
When you're trying to deal with workplace issues, the three most important things to realize are:
1. Nobody has all the answers.
2. There are no quick fixes.
3. By employing an intelligent, methodical approach, you can get to the bottom of whatever it is that's stressing you out and can initiate changes that will help.

Trust yourself; you can do this.

July 21, 2008 6:05 AM PDT

A colleague recently asked if I knew why semiconductor stocks significantly underperformed the market over the past five years, even though chip sales have seen double-digit growth during the same period. Being a veteran of the industry, I surprised both of us by not knowing the answer. So I decided to find out.

First, the facts. The PHLX semiconductor sector index (SOX) declined at a rate of 2.9 percent per year over the past five years, while Merrill Lynch's semiconductor index exchange-traded fund (SMH) declined 1.0 percent per year.

The Nasdaq, on the other hand, experienced a 4.8 percent compound annual growth rate (CAGR) during the same period. Likewise, the Dow and S&P 500 respectively grew 3.7 percent and 3.9 percent annually.

Indeed, the semiconductor sector has significantly underperformed the broad market.

... Read more
July 14, 2008 10:08 AM PDT
(Credit: Artwork by Arthur Rackham 1909, executive's heads courtesy of their respective companies, collage by Tobak)

Every kid knows the fairy tale of Hansel and Gretel, but I bet you've never heard the story of Jerry and Sue, right? Well, read on.

Not so long ago, in merry old Silicon Valley, lived a family named Yahoo. When hard times and famine hit, the father - an old advertising executive named Bostock - led two of his children - Jerry and Sue - into the forest.

Why did Bostock do that to his kids? Some say he did it so he'd have fewer mouths to feed, but nobody knows his motives for sure.

Lost in the forest, Jerry and Sue finally came upon a huge house made of gingerbread. The house was called Microsoft, and inside lived a witch named Ballmer. Some say the witch was evil, but he was more likely just desperate to reinvigorate his ancient, slumbering home with some youth. ... Read more

July 2, 2008 8:28 AM PDT

It's amazing how, in the modern computing world, an average workday can go to hell with no apparent warning. Check this out.

I woke up this morning with the usual list of 30 things I needed to get done, knowing full well that I wouldn't get to most of them. Just another day in the working world, right? Not exactly. ... Read more

June 30, 2008 6:05 AM PDT

Corporate fraud didn't start with Enron, Tyco, and WorldCom and it didn't end with them, either. Fraud is rampant in the technology industry. What most employees, investors, and consumers don't realize is how much it costs them.

Excuse me for stating the obvious, but you'd be surprised how many people think there's some magic pile of dough somewhere that pays for companies to comply with investigations, contest charges, and remedy issues. In fact, the costs are born primarily by the corporation. That means it comes right out of shareholders' and employees' pockets. Consumers also pay, albeit indirectly.

And yes, we're talking about costs that materially impact earnings, balance sheets, and cash flow. We're talking about internal and outside lawyers, accountants, consultants, crisis PR, D&O (directors and officers) insurance, Sarbanes-Oxley compliance, exit packages, and even recruiting costs to replace executives.

Of course, the biggest cost is in terms of loss of market capitalization. ... Read more

June 24, 2008 8:06 AM PDT

If you've ever been involved in any sort of home construction, you know it always takes longer than the contractors say it will. For the past 10 weeks, the Tobaks have been doing a swimming pool project. So far, so good.

Last night, as the Bay Area cooled down from a three-day heat wave, my wife said, "It would sure be nice to get water in the pool in the next two weeks."

"What do you mean?" I exclaimed, "You know the pool company is scheduled to come out tomorrow and fill it up on Tuesday. Two weeks? We'll be swimming in two days!"

"Uh huh," she said.

The next morning, my wife pulled the pillow off my snoring head and announced, "We have no water."

I replied with a blank, bleary-eyed stare.

"The pool guys are all here and we have no water."

"Okay," I replied, "I'm getting up."

Apparently, a stuck check valve in our irrigation system had been dumping precious water faster than our well pump could pump it. Our holding tanks were dry.

No water meant the pool guys couldn't do their thing. An hour later, the whole gang packed up and left.

When you live in a rural mountainous area, this sort of thing happens from time to time. That means every few years.

So I'm sitting here trying to figure out how my wife knew something was going to happen. She couldn't possibly have known. Wait, I know. She sabotaged the irrigation system just to appear prescient. Nah, that's just crazy.

When I asked her about it, she said she'd just had a feeling.

That got me thinking: Is there such a thing as intuition? And if so, what is it and how does it matter to you and me? ... Read more

June 18, 2008 6:05 AM PDT

One of the benefits of being a consultant is that you sometimes get to see really cool stuff before it hits the market.

I recently visited Kerner Optical--the stealthy special-effects unit that split off from Industrial Light & Magic a couple of years ago.

Retro 3D glasses

Among other things, Kerner is now focused on developing disruptive technology for a broad range of 3D applications. Without getting into specifics (because I can't) or technical gobbledygook--which you can get by checking out the company's research website--this stuff goes way beyond the current state of 3D movies, video games, virtual reality, and TV. ... Read more

June 16, 2008 8:47 AM PDT

Nestled in the redwood trees of Northern California's Santa Cruz Mountains is one of the most beautiful office facilities you'll ever see. The impeccably landscaped grounds include ponds, tennis courts, a swimming pool, an auditorium, a fitness center, a large outdoor eating area, and loads of light throughout the open-style architecture.

The facility even has its own exit-entrance ramp off the northbound side of highway 17.

Enterprise Technology Centre (former Borland headquarters)

(Credit: loopnet.com)

Philippe Kahn, the French-born CEO of Borland International, spent nearly $120 million of capital to build the Scotts Valley campus for Borland's 1,200 employees. When the new corporate headquarters opened in 1993, it was full to capacity. It was all downhill from there, but I don't think Kahn knew it at the time.

You see, in September of 1991, Kahn acquired Ashton-Tate for $440 million. To say the merger would prove to be the biggest mistake of his career would be a gross understatement. It was disastrous, as both company's product lines stalled and Ashton-Tate's dBASE database management program completely missed the transition to Windows.

... Read more
June 10, 2008 10:01 AM PDT
Updated at 2:50 p.m. PDT to clarify sources.

In case you've been in a sensory deprivation tank for the past few days and missed the news, Henry T. Nicholas III, founder and former chief executive officer of chipmaker Broadcom, was indicted on securities fraud, conspiracy, and federal narcotics charges on Thursday.

Henry T. Nicholas III

One of the indictments was related to options backdating, the cause of a $2.2 billion charge Broadcom took last year. But it was the sex and drug-related indictment that captured the media's attention.

If you read the indictment (PDF), you'll understand why one report said, "You can't make this kind of stuff up," .

Rarely does a billionaire and technology industry legend self-destruct in such dramatic and flamboyant style. But there's more to this human tragedy than meets the eye, and it almost surely extends beyond Nicholas. ... Read more

June 2, 2008 6:05 AM PDT

Last week, my wife's Dell Inspiron decided to stop printing to our wireless HP all-in-one. It was apparently a problem with the spooler, whatever that is. At that point, I had two choices: leave it alone and hope for a miracle, or fix it and perform some upgrades I'd been putting off.

Let me back up and explain something. I hate working on my wife's computer. Whatever I do inevitably screws something up, it takes way longer than I would like, and well, let's just say, my wife is impatient when it comes to technology.

It's OK for a doctor or dentist to poke and prod her, but when I poke or prod her computer, she acts as if I do it for the pure sadistic enjoyment of screwing up her peaceful existence. ... Read more

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About Train Wreck

Steve Tobak is a marketing consultant and former chip industry executive. Train Wreck provides insight into dysfunctional corporate behavior, among other things. When he's not airing the industry's dirty laundry, Steve likes to hang around the house, make believe he's working, and drive his wife crazy. Find out more at www.invisor.net or email Steve at trainwreck@invisor.net. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.

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