https://dilbert.com/strip/2009-11-23
Put eight monkeys in a room. In the middle of the room is a ladder, leading to a bunch of bananas hanging from a hook on the ceiling.
Each time a monkey tries to climb the ladder, all the monkeys are sprayed with ice water, which makes them miserable.
Soon enough, whenever a monkey attempts to climb the ladder, all of the other monkeys, not wanting to be sprayed, set upon him and beat him up.
Soon, none of the eight monkeys ever attempts to climb the ladder.
One of the original monkeys is then removed, and a new monkey is put in the room. Seeing the bananas and the ladder, he wonders why none of the other monkeys are doing the obvious. But undaunted, he immediately begins to climb the ladder.
All the other monkeys fall upon him and beat him silly. He has no idea why.
However, he no longer attempts to climb the ladder. A second original monkey is removed and replaced. The newcomer again attempts to climb the ladder, but all the other monkeys hammer the crap out of him. This includes the previous new monkey, who, grateful that he's not on the receiving end this time, participates in
the beating because all the other monkeys are doing it. However, he has no idea why he's attacking the new monkey.
One by one, all the original monkeys are replaced.
Eight new monkeys are now in the room. None of them have ever been sprayed by ice water. None of them attempt to climb the ladder. All of them will enthusiastically beat up any new monkey who tries, without having any idea why.
This is how any company's policies get Established.
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When you don't have compressed air, clear tape, Post-It notes, or even white paper handy, Inc magazine suggests that a standard hair dryer can remove built-up dirt on and under your keys.
FT Alphaville » Blog Archive » How the failure of Lehman Bros is like SARS, and swine flu
How the failure of Lehman Bros is like SARS, and swine flu
Posted by Tracy Alloway on Apr 28 12:18.
It’s not great timing, given the the outbreak of swine flu, but it is, nevertheless, the theme of the latest publication from the Bank of England.
From a transcript of a speech (with charts) by Andrew Haldane, executive director of the BoE’s Financial Stability unit:
On 16 November 2002, the first official case of Severe Acute Respiratory Syndrome (SARS) was recorded in Guangdong Province, China. Panic ensued. Uncertainty about its causes and contagious consequences brought many neighbouring economies across Asia to a standstill. Hotel occupancy rates in Hong Kong fell from over 80% to less than 15%, while among Beijing’s 5-star hotels occupancy rates fell below 2%.
Media and modern communications fed this frenzy and transmitted it across borders. In North America, parents kept their children from school in Toronto, longshoreman refused to unload a ship in Tacoma due to concerns about its crew and there was a boycott of large numbers of Chinese restaurants across the United States. Dr David Baltimore, Nobel prize winner in medicine, commented: “People clearly have reacted to it with a level of fear that is incommensurate with the size of the problem”.