NOVEMBER 2012
Effective Ways of Growing People In Organizations
“One of the most significant contributions to business failure is the inability to get the things done through people” ~ David Krajenowski.
Leaders accomplish their visions through personal growth and personnel growth. Focusing on individual development is fine, but doing something truly significant also involves empowering others to grow to their potential. One is too small of a number to achieve greatness.
For a leader, growing people isn’t just a theoretical, pie-in-the-sky notion; it’s a pressing demand with real-world implications. An organization that’s not investing in its people exhibits all sorts of unhealthy symptoms.
1. Trouble on the bottom line.
2. High turnover
3. Backstabbing and infighting for turf.
4. Complaining that has little focus on real issues.
5. Low motivation.
6. Unaccounted for absences from the office.
7. Poor communications among workers.
8. Long work days but low productivity.
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December 2011
Medicare Open Enrollment Period Ending!
Medicare’s Open Enrollment period ends on December 7, 2011. Aside from exceptions made for a few special circumstances, this is the only period when current enrollees can make coverage changes for the coming calendar year.
Medicare provides health care benefits to people age 65 and older and those under 65 with certain disabilities or end-stage renal disease. For most people, the initial enrollment period is the seven-month period that begins three months before the month they turn 65. If you miss that window, you may enroll between January 1 and March 31 each year, although your coverage won’t begin until July 1.
Medicare offers several plans and coverage options, including:
- Medicare Part A, which covers in-patient hospital, skilled nursing facility and hospice services, as well as home health care. People are usually enrolled automatically upon turning 65 or after having received Social Security disability benefits for 24 months. There’s usually no monthly premium.
- Medicare Part B, which covers doctor’s services, outpatient care and some preventive services. It’s optional and has a monthly premium. Most people are automatically enrolled at the same time they begin Part A coverage, but you can opt out by following instructions accompanying your Medicare card (mailed about three months before your 65th birthday).
- Medicare Part C (Medicare Advantage) plans, which are privately run alternatives to traditional Parts A and B. Structured like HMO or PPO plans, they often include additional benefits such as prescription drugs, dental, vision and wellness programs. Monthly premiums may be higher than regular Part B, but they usually have lower deductibles and copayments; also, they require that you use the plan’s provider network.
- Medicare Part D, which covers prescription drugs. It’s optional and carries a monthly premium. These privately run plans vary widely in terms of cost, copayments and deductibles and medications covered.
November 2011
News and Information about Financial Education from the FDIC
- Message from the FDIC
- FDIC Testimony on Credit Availability Reinforces the Need for Financial Education
- FDIC Introduces the Money Smart Instructor-Led Multilingual DVD
- 10 Years of Success Stories from Money Smart
- FDIC Issues Tips on Preparing Financially for a Disaster, Making Payments by Mobile Devices, and Researching Old Bank Accounts
- Advisory Committee to Discuss Mobile Banking and Electronic Payments
- FDIC Research Symposium Examined Consumer Financial Behavior in Difficult Times
- Major Change in the Delivery of Projected Social Security Benefits Information
- IRS Tax Assistance Program Offers Opportunities for Financial Educators
