‘Mac M. Martirossian, CPA’

 

Reinventing the Coffee Bar

Wednesday, June 30th, 2010

By Mac M. Martirossian, CPA

How many times have you stayed at a hotel and walked up to a boring and character-less coffee station?  You yawn as you grab a cup of coffee and get frustrated with where to drop your used stirrer and empty sugar packets.  Who could possibly improve this scene and make it a “point of differentiation” and a source of conversation and promotion?

On a recent visit to the Epic Hotel in Miami, the creative folks at Kimpton Hotels have completely re-invented the way to present something as dull, mundane and ordinary as free morning coffee.

Even the sign for identifying the milk containers was replaced with a snorkel mask with “whole” and “skim” written on each goggle.  The morning coffee bar had become the “water cooler” for hotel guests to gather, meet and take photos.

Innovating is difficult to do, because it takes enormous energy and thought.  When done right, it is priceless. 

As consumers of services or products, we LOVE creativity and as producers, more often than not, we stand back and wait for someone else to take action….and then we say “Why couldn’t I have thought of that?”

Here are some points to consider: (more…)

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Friday, June 4th, 2010

Standing Alone: Making a Difference

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What does it mean to Make A Difference?  Many of us have the perception that getting our daily job done means that we made a difference.  Unfortunately, the bar is set much higher than that.

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Plus, you will also receive FREE Mac Martirossian’s “Standing Alone Tips”. This 2 page program includes Six Common Blind Spots to Avoid in Making a Difference as well as Five Tips on Building a Personal Brand!

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Dark Side of the Moon

Monday, May 31st, 2010

By Mac M. Martirossian, CPA

It is tough being a great manager. In some respects tougher than being at the head of the organization. And at times, it feels like being on the dark side of the moon. Being a successful manager is even more difficult when you take into account having the skill to withstand the pressure from the top and the angst of the people below. Great managers shield their teams from the heat resonated at the top, while not flinching at the push back they get from their direct reports. They serve selflessly and multi-task to bridge the gaps in skill sets among their teams.

The number one attribute of a great manager is described by a single word—consistency.

While listening to cable radio recently, I was reminded of the countless names of recording artists who never made it past a single hit. The music scene is littered with sprinters instead of marathoners. Very few have a lasting and consistent following. British rock band, Pink Floyd has the record for the most number of weeks on the Billboard top 100 list for Dark Side of the Moon……741 weeks (http://tinyurl.com). That calculates to over 14 years.

Here are some tips on how to be a consistent manager: (more…)

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Only the Paranoid Survive

Friday, April 30th, 2010

By Mac M. Martirossian, CPA

It is unfortunate and painful to watch the demise of a company that re-shaped the automotive world, with great cars which you could buy, often after being on a waiting list. The company that delivered on the promise of “Delighting the Customer” seemed unstoppable in gaining market share everywhere on earth.  In 2009, Toyota accounted for 1.3% of Japan’s GDP, making it the single largest company in that country. The dynasty that was built by Kiichiro Toyoda is now in spin control.

So what happened? The press has done a good job of telling the story, thus we will not do it justice here.  Instead, we should reflect on what we an learn from this crushing blow to a corporate icon. 

How often do we have to be reminded that quality can not be sacrificed?  We have seen this fatal mistake occur on numerous occasions, including the errors in judgment and the lack of oversight that brought Arthur Andersen to its knees.  Quality programs sometimes get mistaken for “insurance”….you don’t need it until there is a catastrophe. 

Here are some ways to ensure that your brand, personal or corporate, is protected: (more…)

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The Octopus

Wednesday, March 31st, 2010

By Mac M. Martirossian

At a young age we all learned never to judge a book by its cover.  This would hold true for a creature of the ocean often mistaken for a monster in mythology.  Through no fault of its own, the octopus is one of the ugliest and scariest creatures in open water.  So much for the cover.                                                                            

The Octopus is highly intelligent in the order of invertebrates.  For example, Octopus have been known to break out of their tanks and into others in search of food.  They have boarded boats, opened holds to eat crabs.  They even know how to open a jar to reach the food inside http://www.youtube.com/watch?v=ocWF6d0nelY.  Research has shown them to be strategic, with an ability to learn. 

Perhaps we are motivated to be creative when we have a need to satisfy basic needs like eating.  Whatever the motivation, we need to be more innovative in everything we do, in order to add value to our respective stations in life..  Here some ways to do that:  (more…)

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Are you Promoting or Poisoning?

Sunday, February 28th, 2010

By Mac M. Martirossian

Electronic communication tools have replaced the water cooler as the place for most of to “present” our point of view.  Of course, each time we do so, we have an opportunity to take two distinct courses of action—support or destruction. 

It is easier to tear down than to build…ask any construction engineer.  Building requires planning, having support beams in place, putting the right accent pieces to highlight the features of the structure.  Destroying an idea, a person or an organization requires nothing but a few words. 

Management is about making decisions and in this context, at each interface with peers and direct reports, making a choice.  Here are some points to ponder in those interactions: (more…)

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The Age of Sacrifice

Wednesday, February 3rd, 2010

By Mac M. Martirossian, CPA

Imagine you and your spouse having one car, no access to public transportation and both holding down three hour shifts with same employer…..except your shift starts three hours after your spouse’s shift ends.  You spend the first three hours in a hot, oven baked car in the deep south, with no cell phone, no iPod, no Blackberry….just you, the naturally-heated car seat and the sun.  You are delighted to do it, since it is a paying job and you look forward to starting work….where it is air conditioned.

Many called 2009 a recessionary period; I called it the age of sacrifice.  Depending on your age, you have sacrificed on more than one occasion, over an extended period of time.  Some have never done it, and others have the unique opportunity to do so between now and when this age of sacrifice ends.
(more…)

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Six Dots

Thursday, December 31st, 2009

By Mac M. Martirossian, CPA

Times are tough.  Visions are blurred.  Innovation is needed.  Where can we turn to for inspiration?

In 1813, at the age of 4, a young boy in a small town near Paris working in his father’s leather shop had an accident that blinded him for life, yet brought light to the world of darkness.  Over time, this inquisitive young man developed an entire communication system for writing AND math—with just six dots.  Louis Braille died at age 43 suffering from tuberculosis.
(more…)

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Salmon or Red Snapper

Tuesday, November 24th, 2009

By Mac M. Martirossian, CPA

Making a Difference sometimes means taking a risk.  Routine, mundane tasks can typically get done by ordinary people.  Extraordinary contributors are those who take risks, a trait revered by CEOs and Entrepreneurs.

So what does this have to do with fish?  Simple.  When inviting those special guests for dinner, we have a choice—cook the same old salmon filets or impress the guests by taking a chance with a whole red snapper oven roasted to perfection.  Similarly, at work, opportunities present themselves for us to take a risk.
(more…)

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Making a Difference with Brand Identity

Saturday, October 31st, 2009

By Mac M. Martirossian, CPA

At a recent networking event at a posh hotel, a man introduced himself rather hurriedly, transitioned the conversation multiple times and handed me a business card with a name, an e-mail address and a phone number.

The next day I attempted to follow up with the individual, because I could not remember a thing this person had said (and no, it was not due to my alcohol consumption at the event, because they served no alcohol).  When I pulled out the business card out, the paper stock was and the printing were of such poor quality that the numbers had been smudged together.  Needless to say, I never made the call.
(more…)

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