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Hi everybody happy career accelerator Tuesday were taking -- a five minute break from.
They Zimmerman trial if you want more information head to Fox News.
Dot com slash Zimmerman covering everything by the minute for -- -- the opening statements for yesterday.
And now some continuation.
Of that trial there are right first up today for -- accelerator doctor woody.
Nice for everybody utmost important trying managers out there right on -- ferret out that problem before it becomes a problems need to write AD.
-- -- the disaster might have to deal yeah.
What things I spent a lot of time moment clients is this whole notion of knowing what you don't know and and it -- little odd but.
The reality is we spend a lot of time focus on putting out fires.
And figured how to deal with disasters when we really should be focused on how to prevent them.
And -- way to do that is how do you really think of yourself more as a problem finder as opposed to a problem solver.
And I had a great conversation problem solvers some more.
Just carry it but -- sexier color I am.
Good to say here here's that you do when it comes in makes everything better at the end of the big thing and yet the unsung heroes of the ones actually find the little cracks.
It can save you before you cripples whole you -- and and you got to bail out and so.
Had a great conversation with a colleague of mine from the international.
Ours for the institute for management studies again in my -- and is also a professor at -- president right university former Harvard professor Ian.
He wrote a book called that we don't know him so we added if a conversation.
Around one of my articles and -- doing.
Where he talked about a few concepts and -- a very helpful when it comes to how do you transition from.
That problem -- focus as a manager or executive in the war into that focus of being a problem finder.
And that one of the first things he said -- you gotta be careful of people's filters.
So you've got those gatekeepers out there all around you whether it's an assistant.
It can be -- director work or.
A consultant or somebody you hired it's going up finding information for you and finally get back remembered their job and they mean well usually -- to boil it down giving the sound bites.
And how to deliver a simple little package.
And what happens you can follow these routines -- these regular briefings.
Conversations reports and.
What happens is they start to kind of filter out some of that stuff you really should know.
Where that need -- you might have a different perspective on so one thing he recommends is that kind of toss it up.
Get them to bring in May be junior person to facilitate one of the briefings or take a look at some of the reports that your people are receiving.
Before it gets filtered out to -- you get.
No words dig into the raw data and it every once in awhile because you know most managers executives don't have time to do that but every once -- while digging in.
And try to understand because you might see some of those cracks that those folks might not even perceive or understand they need to bring it makes -- -- Me work a little problem -- In the short term but right -- you -- headache.
Yes and and and so what are the other things.
And I'm a big believer in engaging people when he says be an anthropologist.
And I know it sounds kinda funny.
And it it almost the extreme version of this would be the CBS show undercover boss right where you -- we are costing you go and and you find people in and you beat them up after -- -- something bad or you embrace some did you figure out.
While they're doing is wonderful things that I love and I didn't know about it and so maybe you wouldn't go to that extreme.
What you should do is don't always rely on focus groups are these engagement surveys that.
And I was telling -- or -- kind of boiled down in the language that may be very generic and doesn't fit your culture so the eight uses.
Get out there have conversations with those people who may be like five reports away from him and don't have their boss there.
Try to -- get the raw information from them an -- work.
That you don't use it against them just use it as a learning experience because especially younger -- folks in the organization they may be very willing to tell you what's what.
Because I don't know we batter or outward about losing their jobs and so that's -- really critical thing you can do and you -- -- just -- is meaningful.
An emotional connections.
Down the front line to know it's actually going.
Well because they're newer and know what's going on and are the ones who -- actually doing it but they're coming in with French -- And again they don't have that fear of I've got a family -- Politically now connected me.
And I think I know this can get really bad if we don't keep -- -- on this path path -- China.
Verlander all the small problems that we just glossed over for their little more unfettered yet you know -- and they say -- -- -- useful failures yes.
Failures couldn't get you know we don't like to admit and acknowledge embrace failure but the fact is we all do make mistakes and it's better to catch mistakes at an early stage and to be dealing with them when they blow -- into a disaster.
A lot of big executives a lot of big companies.
Their downfall have been because they failed to acknowledge or deal with or -- culture where it's okay to bring forward failure.
They wait -- becomes a disaster -- they -- you know either -- ship like rats fallen out of the water so the the thing you want to do is.
Allow people a pilot or experiment stuff.
And talent it's okay if you screw up.
Come on let me know let's learn from it but I'd rather they screw up early on and make little mistakes but the challenges -- times.
We like to beat people over the head or blame them -- go in and solve the problem they created as opposed to helping them learn from.
We have picked -- 323 chatting as though it.
Get -- -- stand but don't use it against the question mark question quest -- -- -- slowly if you critic culture where somebody does something wrong especially if it's innocent and then you beat him over the -- guess what.
They're never gonna come tell you about it again.
They're gonna work on covering up.
We're avoiding it in just a lot of good stuff to come up you don't want to be the emperor with no clothes on -- and -- now.
I'd be scared it -- some things.
And that comes back to cultural thing is how do you create environment because great innovative companies.
Love and embrace failure.
Thomas Edison I think filled nearly a thousand times that -- it -- before he got it right he imagined some like it will punching in the punishing and every time he's.
Screwed up -- horrible special woody thank you so much Michael Woodbury.
For coming on -- let's say doctor -- dot com.
And that we appreciate.
Some tips on how to do the problem -- rather than only being the problem -- going to break now that -- Welcome back everybody should know that for the past.
Aren't auto -- has big thing.
That car the Toyota Camry that is the most Americans go figure -- now it doesn't make sense -- -- -- things have changed and tell us why we have.
Cars dot com editor in chief Patrick -- -- joining us from Missouri.
CN -- -- sitting and have Patrick.
Well I am in the winner of this year's -- main index the Ford F 150.
Finally an American car -- the index.
While so we used three different factors to determine -- winner so we've got our percentage of domestic parts of the car.
We have the final assembly point and -- we -- sales because.
We know that the more units -- -- car truck sells the more likely that -- employ more suppliers are more our workers and -- he isn't just those three data points at that would muffle their list.
Patrick was its sales that.
-- the F 150 at the top this year because we keep talking about this the economy is on the mend the housing industry picking up.
Full steam ahead at this point that -- -- housing reports today both -- multiyear highs on.
New home sales as well as home prices -- also -- -- oil and gas industry it's booming here in the US used these pick ups -- transport all of these materials.
From the business to the site.
From the lumber yard to the site is that reason why the F 150 finally got top knots.
That is a big part of the reason -- I think that's really the biggest thing that we can correlate to.
-- being a number one is yet pickup truck sales are soaring for all the domestic and the F series has been the best selling truck for years for decades really.
But I think you're right as housing -- move up construction there's a very old fleet of trucks out -- the contractors have been using.
And I think they're now I'm feeling a little more -- and there are getting new trucks to help them out.
Yet what's cool about that one that I think.
Well like a lot of trucks is is there they've all got a lot cooler they ride but -- than they used to.
-- gas mileage is inching up and you know for every mile or two miles per gallon that they get -- -- -- a five to 10% gain so.
They're much more efficient than they used to be -- much more comfortable in the used to -- And they're still -- powerful they are not losing any power as they get more fuel efficient so it's really working out for consumers.
I was in Texas this past weekend and I've never seen so many the -- -- pick up trucks.
I called him when -- call them.
In doubt pick ups everywhere I would you know I was just amazed by it they're really kind -- looking some of them.
What -- the other automakers and cars on the on the list that came in behind the Ford F -- Sure number two or -- -- that Toyota Camry which had been a moralist for the last.
For years but while trying to sales last year were a boom they deathly seemed a plateau this year although they camera remains the best -- -- country.
Number three is the Dodge Avenger which is the highest place for -- ever on this list and again children into resurgence of the Detroit three.
-- they're making cars that weren't that appeal -- to Americans and Americans are responding.
Yes I -- -- four on the list of Honda's minivan the Odyssey.
Number five as far as minivan the -- So out of the top five Detroit takes home.
Spots one in -- Absolutely said they're not joking when they say the American auto industry has certainly made a comeback.
I -- General Motors doesn't have a car at the top of this list.
What -- do have three cars are on this list that is have to be in the second half they have a series of crossovers the traverse the Acadia in the conclave that are very popular with consumers and are built and -- -- Michigan.
And you at that clay come -- plant in Missouri that's where they assembled month Ford F 150s.
You -- -- Dearborn both yes OK -- so.
Okay can you talk a little bit about consolidation.
Of some of the -- of makers just -- need to streamline things better and you know I I they're staying open offer for most of the summer they're not doing those traditional one and two week shut down its.
You're absolutely right -- in fact of this plant here in Missouri.
Ford is gonna -- 900 jobs by the end of the Syrian and another 200 jobs by the end of -- fourteen in Lansing and though they've added shifts.
In Ohio at the -- plant in the Toledo they're adding shifts.
So I think the the -- domestics.
For years were cutting back and I think they got to a point.
Where they were even keel and now they're being able to add production as -- sales -- -- instead of over bruising which they did in the first half of by the 2000.
-- it seems like every industry but particularly the auto industries really -- reality changing.
American consumer really wants and it looks like in my -- had been.
Yep and you know for governor spent 30000 dollars on a new vehicle -- average cost consumers one another gonna get quality and I think all the domestics have responded there are now building better products that -- to -- snapping them up.
All right so it's great to hear that.
Yes data companies are creating jobs right here in the USA.
-- -- -- and editor in chief cars dot com thank you so much.
They Hugh Laurie parrot I hope he gets take that thing for a nice -- country have already.
I will -- and that you know I was talking about this Patrick just a couple of minutes ago.
We had so much data coming in today on the US economy that's -- -- -- right now.
-- certainly out was up over a hundred myself earlier.
On the -- got new home sales last month.
And the highest pace since July of 2008.
Couple that with the report on home prices this for the month of April.
Rising by the most on an annual basis and -- years so because of those reasons.
We are seeing stock market doing better housing industries tied to the history of the back after this.
Welcome back we'll today -- the day that president Barack Obama will speak about.
Energy and climate change here in the US we sent Jeff Flock.
21 of about a thousand or so coal fired plants here in US.
Here in Joliet.
They can't just -- for being there this is an incredible story because the owner of that plan.
Behind you know -- isn't doing so well these days financially speaking.
Midwest generation is the name of the company war and they do operate five -- -- operate five.
Coal fired plants here normally it's actually a part of a company called Edison international space -- California but this one back here.
This one is still operating but the company is in bankruptcy.
The question ration is because they say they already cannot -- The stringent requirements.
Pollution requirements that they have to upgrade the plants they've done some upgrades but they cities can't afford.
To do what even is in place now so the president were to implement even more.
Stringent requirements it may mean it plants like this from which shut down they've already shot two other plants down to Chicago.
You know it's no secret that the president has not.
-- been a big fan Cole we take a look at the coal stocks.
Our senior editor Charlie -- took.
A look at the numbers.
Not only year to date but since.
-- President Obama took office you look at companies like for example Arch Coal.
Since President Obama took office that company has lost 70% of its value 50% year to date.
Alpha natural resources and other one.
Also has lost 70% of its value since the president took office and half of its value in the last year Walter energy.
Down since a -- Obama took office.
You know people are not big fans of -- obviously it does generate pollution where other.
A form support for your generation like wind power.
At the same time there is tremendous impact in the communities have these plants as you point out there's about 11100 plants like this one around the country.
You take a look at that what the footprint of this plan is take a look at the numbers.
On just this Joliet generating station.
It generates power for one point six million homes daily.
250 employees payroll.
Million dollars a year and annual property taxes they pay -- of a billion dollars a year that's why the local government here.
Tried to get.
Illinois pollution control board to -- -- relax the standards a little -- -- give them longer to be able to meet the standards because they would like to keep this plant.
In operation because it's such an economic driver here and I also supplies a lot of electricity here but you know natural gas right now very inexpensive.
Auto plants have switched -- gas and of course wind and solar is so slow but -- on.
So the days of big -- no doubt are over but whether the coal industry is totally dead in the water we'll see -- we'll know more later today after the president gives -- -- -- and most definitely and if you look at this in the global context.
-- -- many of the plants that produce goods here in the US.
If they have meet these requirements may be some of the owners or companies using plants -- move overseas to Vietnam and China.
Where they don't have -- stringent.
Well it's true that in terms of power at all and you know Nat gas might be part of this too we don't know exactly what the presence gonna say but.
Even Nat gas plants potentially in lacrosse players in terms of increased pollution requirements although I'm John fighting in terms of -- can move people -- moving.
But jobs and businesses overseas you know the China labor.
A situation isn't quite as a cheap as it used to be and also a lot of people -- problems with intellectual property theft.
The long distance between the two places so.
I don't know we're not dead in the water here yet manufacturing in the US.
I guess we'll see.
Jeff Flock thank you so much there authorities here reporting and the president's comments.
I think everybody for joining us today we're gonna freeze and Ryan Zimmerman and just a second we'll see here.
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