Day: December 8, 2019

CEOs sacked for conduct don\’t deserve severance pay

This blogger has been fascinated with lululemon for some time. The Vancouver based company has been peddling fashion wear for yoga and been successful at it. Firstly this blogger is amazed that you have fashion wear for yoga. Secondly, can a company really be named lululemon ? And spelt without a capital L ? There was also the business of yoga pants that, er, revealed too much, a few years ago. With that sort of pedigree, it is a \”must follow\” company !
(Wunder Under Hi-Rise 7/8 Tight Full-On Luxtreme 25\” for $98.00 USD – Note the price !)

They are in the news again. They fired their CEO yesterday. The gobbledygook announcement they put out said \”lululemon expects all employees to exemplify the highest levels of integrity and respect for one another, and Mr. Potdevin fell short of these standards of conduct.\” In plain English, the Board fired him. He did something wrong, relating to employees, and they fired him. Plain and simple. Nothing earth shattering about that – CEOs are fired for a variety of reasons and this happens all the time. But clearly he was fired, not for poor performance, but for something he should not have done with employee(s), but did. We should not speculate further.

So far nothing spectacular. But what got my goat was also the statement in the announcement that \”Potdevin will receive a cash payment of $5 million, including $3.35 million upfront and an additional $1.65m over the next 18 months, according to a separation agreement filed with the Securities and Exchange Commission.\” This is outrageous. He\’s guilty of misconduct and you pay him $5 million ? I\’m gobsmacked. Yes, there must have been a separation payment in his employment contract. That\’s standard in almost all CEO contracts. Why CEOs – any employee\’s contract. You have to be paid a severance pay (however measly it may be) if you are fired.

But this guy is being fired for wrong conduct. Would any low level employee guilty of the same conduct as Mr Potdevin ever be paid a severance pay ? No chance ? Then why should he be paid simply because he was the CEO. If there was an iron clad clause in his contract that said he would be paid no matter what the reasons for firing are, then the guys who drafted such a contract must be fired and made to pay a fine equal to this severance pay.

This sort of action is why companies are hated by the general public. Any corporate action must not only be fair, but be seen to be fair. The Board of lululemon deserves to be fried , roasted and hauled over coals. It is a listed company. What are the shareholders doing ?

CEOs are exactly the same as any other employee of a company. I have no problem with them being paid handsomely for the work they do. But they should not be paid for conduct that necessitates a firing.
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

CEOs sacked for conduct don\’t deserve severance pay

This blogger has been fascinated with lululemon for some time. The Vancouver based company has been peddling fashion wear for yoga and been successful at it. Firstly this blogger is amazed that you have fashion wear for yoga. Secondly, can a company really be named lululemon ? And spelt without a capital L ? There was also the business of yoga pants that, er, revealed too much, a few years ago. With that sort of pedigree, it is a \”must follow\” company !
(Wunder Under Hi-Rise 7/8 Tight Full-On Luxtreme 25\” for $98.00 USD – Note the price !)

They are in the news again. They fired their CEO yesterday. The gobbledygook announcement they put out said \”lululemon expects all employees to exemplify the highest levels of integrity and respect for one another, and Mr. Potdevin fell short of these standards of conduct.\” In plain English, the Board fired him. He did something wrong, relating to employees, and they fired him. Plain and simple. Nothing earth shattering about that – CEOs are fired for a variety of reasons and this happens all the time. But clearly he was fired, not for poor performance, but for something he should not have done with employee(s), but did. We should not speculate further.

So far nothing spectacular. But what got my goat was also the statement in the announcement that \”Potdevin will receive a cash payment of $5 million, including $3.35 million upfront and an additional $1.65m over the next 18 months, according to a separation agreement filed with the Securities and Exchange Commission.\” This is outrageous. He\’s guilty of misconduct and you pay him $5 million ? I\’m gobsmacked. Yes, there must have been a separation payment in his employment contract. That\’s standard in almost all CEO contracts. Why CEOs – any employee\’s contract. You have to be paid a severance pay (however measly it may be) if you are fired.

But this guy is being fired for wrong conduct. Would any low level employee guilty of the same conduct as Mr Potdevin ever be paid a severance pay ? No chance ? Then why should he be paid simply because he was the CEO. If there was an iron clad clause in his contract that said he would be paid no matter what the reasons for firing are, then the guys who drafted such a contract must be fired and made to pay a fine equal to this severance pay.

This sort of action is why companies are hated by the general public. Any corporate action must not only be fair, but be seen to be fair. The Board of lululemon deserves to be fried , roasted and hauled over coals. It is a listed company. What are the shareholders doing ?

CEOs are exactly the same as any other employee of a company. I have no problem with them being paid handsomely for the work they do. But they should not be paid for conduct that necessitates a firing.
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

CEOs sacked for conduct don\’t deserve severance pay

This blogger has been fascinated with lululemon for some time. The Vancouver based company has been peddling fashion wear for yoga and been successful at it. Firstly this blogger is amazed that you have fashion wear for yoga. Secondly, can a company really be named lululemon ? And spelt without a capital L ? There was also the business of yoga pants that, er, revealed too much, a few years ago. With that sort of pedigree, it is a \”must follow\” company !
(Wunder Under Hi-Rise 7/8 Tight Full-On Luxtreme 25\” for $98.00 USD – Note the price !)

They are in the news again. They fired their CEO yesterday. The gobbledygook announcement they put out said \”lululemon expects all employees to exemplify the highest levels of integrity and respect for one another, and Mr. Potdevin fell short of these standards of conduct.\” In plain English, the Board fired him. He did something wrong, relating to employees, and they fired him. Plain and simple. Nothing earth shattering about that – CEOs are fired for a variety of reasons and this happens all the time. But clearly he was fired, not for poor performance, but for something he should not have done with employee(s), but did. We should not speculate further.

So far nothing spectacular. But what got my goat was also the statement in the announcement that \”Potdevin will receive a cash payment of $5 million, including $3.35 million upfront and an additional $1.65m over the next 18 months, according to a separation agreement filed with the Securities and Exchange Commission.\” This is outrageous. He\’s guilty of misconduct and you pay him $5 million ? I\’m gobsmacked. Yes, there must have been a separation payment in his employment contract. That\’s standard in almost all CEO contracts. Why CEOs – any employee\’s contract. You have to be paid a severance pay (however measly it may be) if you are fired.

But this guy is being fired for wrong conduct. Would any low level employee guilty of the same conduct as Mr Potdevin ever be paid a severance pay ? No chance ? Then why should he be paid simply because he was the CEO. If there was an iron clad clause in his contract that said he would be paid no matter what the reasons for firing are, then the guys who drafted such a contract must be fired and made to pay a fine equal to this severance pay.

This sort of action is why companies are hated by the general public. Any corporate action must not only be fair, but be seen to be fair. The Board of lululemon deserves to be fried , roasted and hauled over coals. It is a listed company. What are the shareholders doing ?

CEOs are exactly the same as any other employee of a company. I have no problem with them being paid handsomely for the work they do. But they should not be paid for conduct that necessitates a firing.
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

CEOs sacked for conduct don\’t deserve severance pay

This blogger has been fascinated with lululemon for some time. The Vancouver based company has been peddling fashion wear for yoga and been successful at it. Firstly this blogger is amazed that you have fashion wear for yoga. Secondly, can a company really be named lululemon ? And spelt without a capital L ? There was also the business of yoga pants that, er, revealed too much, a few years ago. With that sort of pedigree, it is a \”must follow\” company !
(Wunder Under Hi-Rise 7/8 Tight Full-On Luxtreme 25\” for $98.00 USD – Note the price !)

They are in the news again. They fired their CEO yesterday. The gobbledygook announcement they put out said \”lululemon expects all employees to exemplify the highest levels of integrity and respect for one another, and Mr. Potdevin fell short of these standards of conduct.\” In plain English, the Board fired him. He did something wrong, relating to employees, and they fired him. Plain and simple. Nothing earth shattering about that – CEOs are fired for a variety of reasons and this happens all the time. But clearly he was fired, not for poor performance, but for something he should not have done with employee(s), but did. We should not speculate further.

So far nothing spectacular. But what got my goat was also the statement in the announcement that \”Potdevin will receive a cash payment of $5 million, including $3.35 million upfront and an additional $1.65m over the next 18 months, according to a separation agreement filed with the Securities and Exchange Commission.\” This is outrageous. He\’s guilty of misconduct and you pay him $5 million ? I\’m gobsmacked. Yes, there must have been a separation payment in his employment contract. That\’s standard in almost all CEO contracts. Why CEOs – any employee\’s contract. You have to be paid a severance pay (however measly it may be) if you are fired.

But this guy is being fired for wrong conduct. Would any low level employee guilty of the same conduct as Mr Potdevin ever be paid a severance pay ? No chance ? Then why should he be paid simply because he was the CEO. If there was an iron clad clause in his contract that said he would be paid no matter what the reasons for firing are, then the guys who drafted such a contract must be fired and made to pay a fine equal to this severance pay.

This sort of action is why companies are hated by the general public. Any corporate action must not only be fair, but be seen to be fair. The Board of lululemon deserves to be fried , roasted and hauled over coals. It is a listed company. What are the shareholders doing ?

CEOs are exactly the same as any other employee of a company. I have no problem with them being paid handsomely for the work they do. But they should not be paid for conduct that necessitates a firing.
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

The Three Simplest, Least Expensive Ways To Improve Learning In Children

What\’s the simplest, least expensive way to improve learning in children? Here are three such. They cost you no money, and are entirely in your control. They do involve technique, but not technology. However, they don’t involve working extra hard (just changing what you do, slightly). 

1. Smile more!
This has to be the least expensive and most effective. Smile. Look at children and smile a happy smile. You’re lucky to be with them. And smile the one that glows in your eyes – all children have an inbuilt ability to know when you’re only pretending.
And what should you do after smiling? Well, nothing special, just keep on doing whatever you were doing – teaching or taking children out or organizing the morning assembly or the mid-day meal or asking them to come back into the class. Smile.
And let me know after three months about the improved learning in your classroom. As they say, you need neither money nor orders to do this.
2. Talk with children. And listen more
We have so much to tell children – instructions, information, questions, answers. But all this is not equal to talking with children. Real conversation requires taking an interest in the lives of your students, interacting with them about things that matter to them, and above all – listening to them. If you are the kind of teacher that children can relate with and say what is in their minds, you’re well on your way to improving learning in the classroom.
3. Ask yourself what you would like if you were the child in front of you
We were all born as babies and spent a fair amount of time as children. Unfortunately, we grew up and became adults. We forgot that delight which gripped us when something new or challenging or interesting was put before us. We lost track of that person in us who would not give up something engaging, no matter what. And of course we fail to recall how much we enjoyed learning something, especially when we did it on our own, whether it was cycling or reading a book to figure something out or in the sports field.
Now that you’re a teacher, it will really help if for a moment you put yourself in your students’ place. What would you really enjoy being engaged in most? What way of presenting or unfolding the learning objective under consideration be most involving? How could you get children themselves to do and think more?
This is neither as difficult or crazy as it sounds. In fact, it’s much simpler than taking the usual role of doing all the work yourself – explaining, showing a picture, using the blackboard, thinking of examples to give – while children are simply sitting around watching you! In fact, this is also what you are supposed to do – i.e. use activity, exploration, projects and other similar means.
How difficult is that? Not so difficult that it can’t be done. There are many, many sources for you to draw upon, as there are many in-service training and materials available for you. And just in case there aren’t, do let me know.
In the meantime, I hope you’ll make vigorous use of these three simplest, least expensive methods – and really boost learning among your children.
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1