Money matters

September 19, 2004

Survey rates managers on skills

About 40 percent of executives are considered outstanding managers and almost a third deemed subpar because they lack the required skills. In the middle there's a wide group - nearly a third of managers - who could go either way on the excellent/shaky spectrum of leadership skill, according to a survey of human resource leaders at 133 organizations.

Of those skills, good communication abilities were cited by 47 percent as most valued, followed by a "sense of vision" and honesty.

When asked what managers need to improve most, nearly half the HR people (47 percent) said "engaging people in strategy and vision." That was followed by developing subordinates (44 percent) and communications skills (37 percent).

Online résumés are not updated enough

If you're a perennial job hunter with a rsum posted at an online job site, how often should you update it?


Most of us are fairly lax about that chore, according to a survey of users of the Monster search site, part of Monster Worldwide Inc. More than a quarter (27 percent) said they refresh the rsum annually, and a fifth said they do it only twice a year. Another 17 percent said they never update their online rsum.

Seventy percent of employers using Monster said they search only rsums posted in the past three months, seeking the freshest.

Hasbro recalls Monster Rockets

Hasbro Inc. is recalling about 230,000 Super Soaker Monster Rockets.

The cap on the water tank can unexpectedly and forcibly project off when it is quickly unscrewed from the tank, posing a risk of impact injuries to users or bystanders. In addition, the rocket's tail can strike a user or bystander on descent if the rocket is not fully launched, posing a risk of injury.

The Super Soaker Monster Rocket is composed of a 7-foot inflatable mylar rocket with a plastic and foam fin section. The rocket has a blue and orange launch base with a water pressure tank attached to one leg of the base.

Toys 'R' Us, Wal-Mart, Target, KB Toys and other toy retailers nationwide sold the rockets from January through August for about $30.

Consumers may call Hasbro Inc. at 866-487-4737 anytime or log on to the company's Web site at

Company recalls 49,000 baby carriers

Regal Lager Inc. is recalling about 49,000 Baby Bjrn baby carriers.

The back support buckle can detach from the shoulder straps, posing a fall hazard to the baby.

The recalled infant carriers were sold under the brand name "Baby Bjrn," which is printed on the front of the carriers and on the black molded plastic back support buckle. The carriers are made of a cotton polyester blend fabric in black with red piping and blue with white piping.

The carriers were sold at specialty retail stores, catalogs and Internet sites from September 2003 through Aug. 15 for about $120.

Consumers may call Regal Lager Inc. at 877-962-8400 between 9 a.m. and 5 p.m. Monday through Friday or visit the firm's Web site at

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