Carnival of the Capitalists is right here!

by Carmen Van Kerckhove

I’m excited to host the Carnival of the Capitalists this week, a blog carnival on the wide ranging topics of business and economics, hosted weekly at a different blog. For those of you visiting this blog for the first time, Race in the Workplace explores how race and racism influence our working lives. It’s one of three blogs I publish through my anti-racism training company, New Demographic. I also host a weekly podcast called Addicted to Race.

Off the Books: the Underground Economy of the Urban Poor
Blog: The Picket Line
“Instead of finding a free economy operating under the government radar, in Venkatesh’s book we largely find instead an unfree economy under the thumb of a smaller, cruder, less-consistent version of the same extortion racket as what you find on a slightly larger scale in City Hall, and then again if you zoom out to the State Capitol, again if you zoom out to the nation as a whole, and in the imaginations of the World Federalists and Trekkies and Theists you can just keep cranking the zoom from there if you care to, each level symbiotic on the ones surrounding it.”

Lord Browne and the “pink plateau”
Blog: Sox First
“The Guardian calls it the “pink plateau”. “It’s the glass ceiling that makes gay men and lesbians virtually invisible in the boardrooms of global multinationals. Homophobia may be withering in offices and on the shopfloor but among Britain’s business elite the closet remains firmly shut. At the global oil majors, routinely negotiating deals in countries not known for their tolerance of homosexuality, being openly gay is simply not an option.”

Rational Business-Think: Myth or Rumor?
Blog: Trust Matters
“Yet if someone makes a business decision “straight from the gut,” we sneer at it because it’s not “rational.” (Unless Jack Welch writes a book with that title, in which case it becomes a best-seller. Rational?). Decisions are not better for being “rational” in the narrow way we have come to use it. A lot of what passes for “rational” is just “rationalization.” We need a business vocabulary for the coming relationship-driven world that encompasses a whole lot more in the word “rational” than what we have let it dribble down to.”

What Objection?
Blog: The Freestyle Entrepreneur
“That ten-year-old boy taught me a life-lesson about successful selling and not taking the first objection as the final one. As a matter of fact, he acted as if he hadn’t heard it. He didn’t take it personally and, with that one five-word question, asked for the ’sale’ again. How about you Mr. or Ms. Small-Business Owner? Are you too quick to give into the first negative response from your prospect or do you see it as an opportunity to clarify your position?”

Direct Mail Marketing Tips (1 of 2)
Blog: Small Business Buzz
“Letters are the most effective way to personalize your advertising enough that the consumer at least looks at what you have to offer. Postcards get glances before they hit the wastebasket, and catalogs usually just get set aside for a time to thumb through that may never come along. Advertising letters are the happy medium that may mean increased success.”

The Art of the Upsell
Blog: Queercents
“As consumers, I suspect we’re just used to it. Upselling permeates every aspect of consumption. From the now-defunct McDonald’s offer of “Would you like to Supersize that?” to the Best Buy worker pushing the extended warranty as she’s ringing up that Plasma television.”

Top management dis’s the importance of managerial and supervisory skills
Blog: Wally Bock’s Three Star Leadership Blog
“According to the Wall Street Journal, supervisory skills get a tiny fraction of the training budget, even though there are lots of supervisors and even though the transition from individual contributor to supervisor is one of the toughest in business or life.”

Short terminism: how shareholders destroy value
Blog: Aloys Hosman
“The investors nowadays are increasingly (and heavily) leveraged vehicles themselves. And leverage introduces risks. Without reducing the leverage, this risk can only be managed by diversification of the portfolio and by keeping the various investments in the portfolio as liquid as possible. In order to keep their portfolios liquid, their investment horizon is only a few years long. The payback from the ownership consequently needs to be delivered within those few years.”

Pricing Thoughts
Blog: Geek Practitioners Blog
“Pricing is a multidimensional aspect of marketing and the broader customer experience. It may be tougher to attract customers initially at the higher price for quality work, but you’re not the only one for whom that is better.”

Trackbacks & Pings

  1. Carnival of the Capitalists and Blawg Review Are Up » Small Business Trends on 07 May 2007 at 11:49 pm

    […] this week’s Carnival of the Capitalists, written by Carmen Van Kerckhove, appears at Race in the Workplace. Be sure not to miss Geek Practitioners stream-of-consciousness entry on pricing strategy, which […]

  2. Carnival of the Capitalists » Blog Archive » May 7 CotC at Race in the Workplace on 08 May 2007 at 7:17 am

    […] in the Workplace presents the May 7 Carnival of the Capitalists. It’s an especially brief […]

  3. Three Star Leadership Blog on 09 May 2007 at 12:07 pm

    5/9/07: Midweek Look at the Business Blogs…

    Here are some blog posts that caught my attention at mid-week. I’m pointing you to the Carnival of the Capitalists and posts on Wal-Mart and world domination, management myths, better networking, measures of happiness, and surveillance as a group acti…

  4. Watcher of Weasels on 10 May 2007 at 11:37 pm

    Weekly Roundup of Weekly Roundups…

    King of Fools hasn’t put together this week’s Carnival of the Carnivals, and quite possibly never will again, but the show must go on: The Blawg ReviewThe Carnival of the CapitalistsThe Carnival of EducationThe Carnival of the InsanitiesThe Carnival …

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