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Forbes.com (Melanie Lindner - 09 March 2010)
Cash is tight, but you still need goods and services. One alternative solution is bartering--trading what you have for something you need. In 2008, the International Reciprocal Trade Association estimated that 400,000 companies around the world did $12 billion worth of those transactions, up 10% from 2007. (American companies account for the bulk.) How to be a savvy barterer? Here are nine tips.
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Forbes.com (Martin Zwilling - 09 March 2010)
The papers are filled with scary statistics. Here are a few more for entrepreneurs on the hunt for capital from angel investors--those loosely banded groups of deep-pocketed individuals looking for the handsome returns that only risky, early stage investing can (sometimes) bring.
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ReadWriteWeb (Dana Oshiro - 09 March 2010)
In the ancient times before the internet, a business plan was what you wrote to appease the Gods of private equity and venture capital. It was a thick document, full of scientific analysis, market data and of course, a J-curve shaped projection of sales. The problem was that few investors would make it through your epic masterpiece. Instead, they'd skip to the juicy parts. Former CEO of Elance and current founder of Roach Capital Partners, Eric Roach, shares what he's kept in the business plan to raise $55 million dollars in venture capital in two months.
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The Economist (Unknown - 09 March 2010)
FOR six decades now, Taiwan has been where the simmering distrust between China and America most risks boiling over. In 1986 Deng Xiaoping called it the “one obstacle in Sino-US relations”. So there was something almost ritualistic about the Chinese government’s protestations this week that it was shocked, shocked and angered by America’s decision to sell Taiwan $6 billion-worth of weaponry. Under the Taiwan Relations Act, passed in 1979, all American administrations must help arm Taiwan so that it can defend itself. And China, which has never renounced what it says is its right to “reunify” Taiwan by force, feels just as bound to protest when arms deals go through. After a squall briefly roils the waters, relations revert to their usual choppy but unthreatening passage.
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The St. Petersburg Times (Olga Kalashnikova - 09 March 2010)
In Russia, where the tradition of the patriarchal family model and the role of the woman as homemaker remain stronger than in Western Europe, the stereotype of business as a male domain persists.
Although women perform the same jobs as men and number among the students of business schools, statistics show gender-differentiated trends.
According to research conducted by the Begin Group several years ago, of the students enrolled on MBA courses in Russia, 65 percent were men and 35 percent women. The ratio is currently about the same.
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Forbes.com (Maureen Farrell - 09 March 2010)
Big companies can put small fry on the map--by giving them a big order, funding their research and development, providing marketing muscle or just giving them cache in the marketplace. The big guys can also take aspiring entrepreneurs for a ride. Here are 10 pitfalls and how to avoid them.
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MoreBusiness.com (Raj Khera - 09 March 2010)
Negotiate the highest price for your services. Overcome price resistance by your prospects and customers.
Here is a proven strategy to negotiate pricing in your favor when a customer asks for a lower price. This video includes sample dialogs you can use to show your customer why your prices are worth it.
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Forbes.com (Maureen Farrell - 09 March 2010)
Innovation is one of those sexy-squishy words that big companies throw around in splashy ad campaigns and white papers. Innovation implies new stuff; new stuff implies growth; and growth implies higher stock prices and beach houses in the Hamptons.
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Reuters.com (Ros Krasny - 09 March 2010)
MBA students from Massachusetts Institute of Technology's Sloan School recently took their annual "tech trek," testing out the demand for summer internships for the class of 2011 and full-time jobs for this year's graduates.
Students fanned out across Boston, Silicon Valley and Seattle, meeting with energy and high-tech enterprises. In December others visited six Boston-area biotechnology companies.
And what they found gave them reason to hope; tech outfits are finally seeing demand pick up, energy companies are pushing hard to develop renewable fuels and together the two sectors could lead the way out of a job market morass.
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St. Louis Business Journal (Kelsey Volkmann - 09 March 2010)
Education is always trumpeted as the great equalizer.
But even women with MBAs make less money and are promoted less than their male colleagues, a new study finds.
Women lag behind men in both job level and salary starting from their first job after business school, and they never catch up, according to a report called “Pipeline’s Broken Promise” released Thursday from the New York-based nonprofit Catalyst.
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Personal Branding Network (Dan Schawbel - 09 March 2010)
Today, I spoke to Lynn Taylor, who is the author of Tame Your Terrible Office Tyrant™ , a workplace expert, speaker and consultant. In this interview, Lynn talks about how to get a promotion right now, how to get ahead despite the economy, the important of staying relevant, connecting with coworkers on social networks and more.
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The Statesman (Thom Singer - 09 March 2010)
The South by Southwest festivals and conferences begin a little less than a month from now. Besides the bands, the films and the cool gadgets, SXSW also means a lot of talking during the daytime sessions. Some of those presenters are old pros who could give a speech in their sleep. But many are experts in something other than public speaking. If you're speaking at SXSW, another conference or even at a meeting at work, Thom Singer has ideas that can make the whole experience easier. His new book, "The ABCs of Public Speaking," is geared toward people who aren't public speakers but who find themselves on the podium. If you'd like to hear more from Singer, he's speaking at SXSW Interactive himself (See box, D7). Read on to find out his public-speaking strategy, including why he's not starting his session with a joke.
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Leader.co.za (Unknown - 09 March 2010)
More than any other auto manufacturer, Japan's Toyota has built its name on quality. Now, the identity of the world's largest car maker is in question as it recalls millions of vehicles because they may suddenly accelerate, putting the lives of drivers and their passengers at risk.
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Examiner.com (Debi Teter - 09 March 2010)
Today Tiger Woods is attempting to start the repair of his brand image. No one knows the state of his personal life and that is not relevant to this discussion. Tiger Woods is a man and athlete, but he is also a brand. His brand has been worth hundreds of millions of dollars for himself and his sponsors, so he should take a cue from other companies who have had to deal with negative press to learn how to revitalize his image.
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Forbes.com (Martin Zwilling - 09 March 2010)
I'm not going to tell you how bad it is out there for entrepreneurs looking to raise money. If you don’t know this by now, you probably ought to look for other work.
There is money out there, of course--there always is--but you have to know where to find it. You also need a sense of the strings that come with each flavor of capital.
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Personal Branding Blog (Jacob Share - 09 March 2010)
Two true stories of people getting noticed for doing their best at what they do best.
Always give your best effort
A few years ago when I was still living in Paris, France, and only had two kids, we would take the bus every morning and ride the 4 stops to their nursery, and then I’d come pick them up again early in the afternoon. Like clockwork, morning and afternoon, every day for over a year. Aside from the fun of spending time with two happy toddlers, it was rarely an eventful journey.
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BusinessWeek (Herminia Ibarra, Morten T. Hansen, and Urs Peyer - 09 March 2010)
MBA programs have taken a lot of criticism over the last year or two. According to naysayers, they are guilty of many crimes: teaching the wrong financial models, riding roughshod over risk management, sidestepping business ethics, overheating the managerial job market, hiding from the real world, and cloistering students in academe.As a result, so the script goes, we have a generation of business leaders tainted by greed and short-term thinking.Hence, the recent global economic crisis. Oh, and remember Jeff Skilling of Enron? He had an MBA, while Bill Gates and Steve Jobs didn't even finish college.
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The Wall Street Journal (Diana Middleton - 09 March 2010)
Despite having similar educational backgrounds and experience, female M.B.A.-holders are still not getting the same pay, positions, or promotions as their male colleagues, according to a study released Thursday by Catalyst, a New York City-based nonprofit focused on women in the workplace.
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Personal Branding Blog (Maria Duron - 09 March 2010)
For three years, I’ve had a spot on our local CBS station as the local “go to” person for questions about branding, marketing and business. In addition to that Thursday morning spot, any time they need a snippet of information, a quote or a comment, the local media comes to me first. This has translated into statewide and even national recognition as well as articles in national publications such as Entrepreneur Magazine. This didn’t happen by accident. Here’s what you can do to make it with the media. Start in your local market, no matter the industry you are in and become that big fish in the small pond. You can expand after wards. For right now, start solid in your current locale.
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NA (Patricia de Lille - 03 March 2010)
Patricia de Lille spoke at the UFS School of Management on 3-March-2010 about the leadership challenges of South African business leaders. Many thanks to Prof Helena van Zyl of UFS School of Management for sharing this talk with MBAconnect.net members.
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McKinsey Quarterly (Unknown - 24 February 2010)
Blair Sheppard, dean of Duke University’s Fuqua School of Business, discusses how the expectations of MBA students are changing—and why the traditional MBA education needs to change as well.
Thanks to Prof Helenavan Zyl of UFS School of Management for forwarding this to
MBAconnect.net in order to share with the MBAcommunity.
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GulfNews.com (Rania Moussly - 24 February 2010)
The last reason to do an MBA is just for the degree, said Joseph Frank Brown, dean of INSEAD Worldwide, at the INSEAD Leadership Summit held in Abu Dhabi recently.
Instead, do it for networking and the learning experience, he said. Brown listed the top three reasons why students should pursue executive education, and gaining a credential came last.
"If the degree is the only reason you are doing an MBA (Master of Business Administration) then don't do it. The value of a credential is the last thing you should look at," he said.
Brown put a rewarding and enriched learning experience above all, followed by a potential network of contacts to be made.
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EarthTimes.org (Unknown - 24 February 2010)
MCLEAN, VA -- 02/04/10 -- Even as job-seekers at all levels continue to struggle with a tight labor market, the majority of people who earned an MBA or other graduate management degree in 2009 were employed within a few months of finishing school, according to a new report from the Graduate Management Admission Council (GMAC).
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The Wall Street Journal (Angela Dorsey - 24 February 2010)
When the chief executive of my former company emailed an announcement to the entire staff a day before the quarterly earnings call, something told me to read it with the accuracy of a medical examiner. And there it was, buried at the end of the announcement was the dreaded paragraph about an 8% company-wide employee layoff. I mentally braced myself for the unfortunate possibility that my job could be eliminated the next day.
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Harvard Business Review (Dan Pallotta - 24 February 2010)
$560 million and counting in 17 days — that's how much donors have given to 40 U.S. charities surveyed by the Chronicle of Philanthropy.
Why the outpouring of cash? It's not just because people are dying. Innocent people are dying by the hundreds of thousands every day under the most horrific circumstances, but we don't see $560 million pouring into any of their causes in two and a half weeks. It's not because people are buried alive. People are buried alive every day by the scourge of AIDS and malaria, and literally in diamond and precious metals mines, but we don't see half a billion dollars materializing overnight for these causes.
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Entrepreneur Magazine Online (Jim Casparie - 24 February 2010)
Every entrepreneur believes in their heart of hearts that their business is truly worthy of getting funded. Thus, they can't understand why this one aspect of building a business is so hard. Surely everyone should be able to see what an outstanding opportunity is being offered by your business! What is it that investors see that keeps them from investing? Why do so many entrepreneurs seem to make the same basic mistakes over and over again?
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OnStartups.com (Dharmesh Shah - 24 February 2010)
As the market improves, my guess is that many of you will likely be thinking about raising funding for your company. With my latest startup, I’m now a venture-backed startup founder (I’ve raised $33 million in three rounds of capital for my marketing software company). So, I’ve got some direct experience with the process. Several of the companies I’m an angel investor in or otherwise involved with have also been in the fund-raising process. So, along the way, I’ve learned a few things, and I’d like to share them with you.
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DumbLittleMan.com (Mark Harrison - 24 February 2010)
We've been conditioned to think small, simplify, not to be greedy, and to overall expect less and demand less from life. We’ve been taught that we should be happy and thankful with what we have and that there are many others less fortunate than ourselves.
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Inc.com (Courtney Rubin - 24 February 2010)
An analysis of some 900 CEOs' results shows they like magenta -- and are less dominant and confident than the rest of the population.
To paraphrase F. Scott Fitzgerald, the CEOs are different from you and me.
A panel of 900 CEOs organized by USA Today participated in an online 60-second color personality test, and the results were striking: The bosses don't like yellow or red, but they're big fans of magenta – at least compared to the rest of the population.
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USAToday.com (Robert Kiyosaki - 24 February 2010)
Education in America could use a big dose of innovation. How about one public school system for employees, and another for entrepreneurs?
In the summer of 1932, presidential candidate Franklin Delano Roosevelt promised, "I pledge you, I pledge myself, to a new deal for the American people."
Today, it is time not for a "New Deal," but a "New Mission."
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BusinessWeek.com (Mandy Oaklander - 24 February 2010)
For MBAs, the business world was, not so long ago, a manicured and paradisal Eden. Success was achieved through a series of necessarily ordered steps: acceptance into business school, an internship, a full-time job, a wealthy retirement. But in a span of just two years, the MBA playing field has morphed into a chaotic jungle. Jobs seem near extinction. The old system of progression is broken. The new king of the jungle is determined by whoever wins the job hunt—and MBAs are stopping at nothing to get to the prize.
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Treasury.gov.za (Minister of Finance Pravin Gordhan - 24 February 2010)
South Africa's finance minister Pravin Gordhan presents the first budget of the Zuma administration.
Thanks to Prof Helena van Zyl of UFS School of Management for forwarding this to MBAconnect.net in order to share with the MBA community.
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Sanlam (Jac Laubscher, Group Economist - 17 February 2010)
Jac Laubscher, Sanlam group economist, provides commentary on SA's 2010 national budget speech given by Minister of Finance Pravin Gordhan.
Thanks to Prof Helena van Zyl of UFS School ofManagement for forwarding this to MBAconnect.net in order to share with the MBAcommunity.
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Harvard Business Review (Bronwyn Fryer - 16 February 2010)
Is listening important? "Yes, of course," you say. But then why would anyone pay thousands of dollars to hear someone speak, and then not listen?
I recently attended the PopTech conference in Camden, Maine, a mind-bending affair attended by several hundred idea junkies, each of whom paid several thousand dollars to (ostensibly) hear what really smart people like Daniel Goleman, Dan Ariely, and Michael Pollan had to say.
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BNet (Stacy Blackman - 16 February 2010)
If you paid $100,000 for a two-year service contract, you would expect to get exactly what you wanted and to shape your service experience to some extent, wouldn’t you?
However, many MBA professors and faculty cringe over the idea of treating their students like customers. Others see a collaborative customer-focused approach as inevitable when the student population is made up of accomplished individuals with clearly-defined goals they hope to achieve through the program.
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The Wall Street Journal (Eric Nisbeth - 16 February 2010)
Eric Nisbeth worked as a financial analyst for Broadlane, Inc., a large group purchasing organization that supports hospitals, until his job was eliminated in December 2009. Previously, Mr. Nisbeth, 35, was a marketing manager for a saltwater fishing boat manufacturer. He earned an M.B.A. from the University of Dallas Graduate School of Management in December 2009. He lives with his wife and son in McKinney, Texas, a suburb of Dallas.
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Entrepreneur.com (Ivan Misner - 16 February 2010)
My latest book, Networking Like A Pro: Turning Contacts Into Connections, which I co-authored with David Alexander, has officially been released–and it hit No. 1 on the Amazon.com Bestsellers list last week!
Here is a brief peek at the kind of information we offer in Networking Like A Pro:
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Livemint.com & Wall Street Journal (Aparna Kalra - 15 February 2010)
Ajit Rangnekar has been confirmed as dean of Hyderabad-based Indian School of Business (ISB) a year after M. Rammohan Rao quit the post over his association with fraud-hit Satyam Computer Services Ltd. In an interview, Rangnekar spoke about Satyam, ethics and placements. Edited excerpts:
Why did it take so long to get promoted to dean? Wasn’t the move automatic once your predecessor resigned?
Beyond numbers: Indian School of Business dean Ajit Rangnekar says the institute’s biggest priority is research. Bharath Sai / Mint
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CNNMoney.com (Hardy Green - 15 February 2010)
NEW YORK (Fortune) -- Money is overrated: In fact, pay has little, if anything at all, to do with motivation in the workplace. That's the controversial argument put forth by best-selling author Daniel Pink in his new book, Drive: The Surprising Truth About What Motivates Us (Riverhead Books). "Pay for performance has to be exposed as folklore," he says.
Pink contends that, provided employees receive a baseline level of compensation, three other factors matter more than moola: a sense of autonomy, of mastery over one's labor, and of serving a purpose larger than oneself.
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CNNMoney.com (Marc Ashton - 15 February 2010)
Johannesburg - Forget green energy and socially responsible businesses, the biggest driving force of entrepreneurial activity and global leadership is likely to come from one source - women in business.
Highly-rated South African trend strategist Dion Chang identifies this as the "the start of the female century" in his latest Flux Trend Review release.
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The Wall Street Journal (Sue Shellenbarger - 15 February 2010)
Like many workers, Ivelisse Rivera, a physician at Community Health Center, Middletown, Conn., feels stressed-out by mounting workloads. And she didn't expect to get much help during her employer's annual staff meeting last November—just the usual speeches on medical issues.
Instead, she got a big dose of something new: Happiness coaching. Keynote speaker Shawn Achor—a former Harvard University researcher and former co-teacher of one of the university's most popular courses, Positive Psychology—extolled 90 listening employees to shake off dark moods at work by practicing such happiness-inducing techniques as meditation or expressing gratitude.
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Independent.co.uk (Peter Brown - 15 February 2010)
When Rodrigo Ormaechea graduated with an MBA from London Business School in July, he knew the jobs market was dire, so he set about showing the kind of enterprise he had been taught. Starting with only one contact, Ormaechea, 33, from Uruguay, organised a personal road tour of South America. In three weeks, he travelled through Venezuela, Peru, Argentina, Uruguay and Chile, networking as he went. He set up about 25 interviews. The result was two job offers, one of them from a consulting firm in Chile, which he took.
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HR Future (Brett Minchington MBA - 13 February 2010)
Brett Minchington, Chairman Employer Brand International and Chair of the Upcoming 2010 South African Employer Branding Summit to be held at Deloitte, Johannesburg on 23 March 2010 shares with Alan Hosking, Editor HR Future, key outcomes from a year-long employer branding global research project.
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Employer Branding Online (Brett Minchington MBA - 13 February 2010)
In a new article by Employer Brand International Chairman/CEO Brett Minchington he says, "Companies who are judged as the leading employer brands over the next 10 years will be those who identify, react and adapt to 10 key workforce trends.”
Brett says, “Global companies such as Google, Sodexo, Apple, McKinsey & Co, Southwest and Philips have been frequently spoken about as leading employer brands over the past decade. Whilst there are many lesser known or visible employer brands, they are in fact in all industry categories and in companies of all shapes and sizes. These companies consistently articulate a clearly defined employment proposition to their target audience and align systems, policies and processes to ensure an authentic employment experience for employees across the employment lifecycle. In short they care about the welfare of their employees and have leadership conversations to better understand what drives superior performance in their teams.”
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Employer Branding Online (Peter Schmitt - 13 February 2010)
In a new article by Peter Schmitt, Managing Director of Employer Brand Agency, tribalfish he says, "What do Chinese proverbs, Spanish geese, Employee Engagement and Your Employer Brand have in common you may ask? Not a lot directly. But indirectly, some surprising commonalities emerge to provide some significant pointers as you consider the impact of the global recession on employee engagement and your employer brand....In this thought provoking article, Peter discusses how company’s actions during the economic downturn can have a major impact on employee engagement as they start to prepare for the economic recovery in 2010.
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Seth Godin.com (Seth Godin - 13 February 2010)
Sure, there are playoffs in football, but competition is everywhere, we just forget to notice it.
There are three hundred photographers looking for work in a particular specialty. One puts a creative commons license on his shots in Flickr and they start showing up in many places, from presentations to brochures. Which of the 300 photographers has won the competition for attention? Which one of the three hundred has shared his ideas enough to be noticed?
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Harvard Business Review (Herminia Ibarra and Morten T. Hansen - 13 February 2010)
Are CEOs with MBAs actually stronger leaders? The answer might depend on the age of the CEO.
Inspired by the raging debate last year over the role of MBAs in the financial crisis, we tried to analyze whether having an MBA influences overall CEO performance. In a large-scale study of CEO performance since they took office, we found that other things equal, MBA CEOs had a slight performance edge over their non-MBA peers. In our analysis and ranking of the performance of 2,000 CEOs around the globe, CEOs who had an MBA on average ranked 40 places higher than CEOs who didn't have an MBA (a statistically significant effect).
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Harvard Business Review (Gina Trapani - 13 February 2010)
In an early episode of the excellent TV series Mad Men, agency partner Roger Sterling walks into creative director Don Draper's office to find Don gazing off into space.
"I'll never get used to the fact that most of the time it looks like you're doing nothing," Sterling quips.
Sterling should take comfort in the fact that our best creative work is done in times of reflection and idleness. Studies have shown that the wandering mind is more likely to have a "Eureka!" moment of clarity and creativity. Taking breaks and zoning out from everyday tasks gives our brains time to do a kind of long-term, big-picture thinking that immediate engagement with bosses and clients and email and meetings does not.
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Harvard Business Review (Jodi Glickman Brown - 13 February 2010)
Last week, more evidence emerged in the Securities and Exchange Commission's debacle over the mishandling of the Bernie Madoff über-fraud. While the SEC failed repeatedly to uncover the greatest Ponzi scheme in our country's history ($50 billion and counting), the New York Times revealed a tale of "unseasoned people uncertain about what to do and unwilling to ask for help."
But learning how to ask for help — and how to do it right — is critical to doing your job well and setting yourself up for success.
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BNet (Sean Silverthorne - 13 February 2010)
When I walk into an Apple retail store, I get the feeling that I am on my own to explore, touch, lift, try and compare. Sure, I can get help if I want it. But what the store is designed to do is get people engaged with the product directly.
MIT’s Michael Schrage calls this a “selling themselves” strategy, opposed to the “sell to” approach we get when we listen to a sales pitch.
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MyMBACareer (Unknown - 13 February 2010)
Students graduating from an MBA program may be seeing some good news for job searching on the horizon.
A new poll conducted by the Graduate Management Council (GMAC) revealed 70 percent of MBA employers believe that 2010 will be a better year in terms of the economy and job hunting. Because of these findings, the concern about a lack of jobs is slowly dissolving for potential employees.
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The New York Times (Jennifer Saranow Schultz - 13 February 2010)
Last week, we described how a ruling in United States Tax Court clarified the rules for deducting tuition for a graduate degree in business and explained broadly when you can deduct the cost of your M.B.A.
The gist was that you could deduct it if you could establish that you were in a certain trade or business before getting an M.B.A. and could connect the dots between your classes and skills to show that the degree would help you maintain or improve your skills in that specific trade or business.
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Tomorrow Today (Dean van Leeuwen (MBAconnect.net member) - 07 February 2010)
Over the past decade consultants have been convincing companies that there is a “war for talent”. In this
war, we have been told that talent needs to be given what it wants and that companies need to go to
extraordinary lengths to provide talent with all the flexibility and freedom it desires. This article argues that
talent is crucial for business success, but that the current focus and direction being taken is detrimental to
businesses and society. A paradigm shifts is required. We argue that the new talent focus needs to be built
around creating talented companies, not creating talented individuals.
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UFS School of Management (Johann Coetzee - 04 February 2010)
This thought-provoking article discusses life after the MBA and presents a strong case for work life integration. This was a guest lecture at the UFS School of Management for final year MBA students, on 4 February 2010.
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Womens eNews (Heidi Brown - 03 February 2010)
Business schools are trying to boost stubbornly low rates of female enrollment. New York University's program, which has the highest proportion of women among co-ed programs, is only 40 percent female.
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Fort Worth Business Press (O.K. Carter - 02 February 2010)
The recent architecture graduate sitting in the office of University of Texas at Arlington career services Assistant Director Cheri Butler had a lament that has become all-too-familiar in an economy with 10 percent national unemployment – 8 percent in Texas: He hadn’t found a job yet.
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Guardian.co.uk (Catrin Carter - 02 February 2010)
Catrin Carter, 31, has three children aged four, three and 18 months. She is in her second year studying part-time for the graduate diploma in law at BPP Law School in London.
"I'd wanted to do this course before my first child was born, but I was desperate to start a family and knew I wanted to be at home while my children were young. As it turned out, I started the course when I had three children under three years old – the youngest was just four months.
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Trading Markets (Jay Jessup - 02 February 2010)
Vancouver, Washington (Vocus) January 19, 2010 - Want to spot a high-trajectory company? Look for a high-visibility powerfully-branded leader. Branding & publicity experts report that most notable business leaders are as adept at publicity and personal branding as any Hollywood hero or rock star politician.
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Inc.com (Unknown - 02 February 2010)
So you've got a ton of friends on Facebook and a loyal Twitter following. Why not profit off them? Jason Sadler has found a way to capitalize on all the hype surrounding social media marketing. Three-hundred sixty-five days a year, Sadler serves as a live billboard for companies and charities on all the major social media sites. Sadler, who launched IWearYourShirt.com at the end of 2008, wears a shirt a day, and sells each calendar day according to its numerical value. On January 10, for example, a company would pay Sadler $10 to wear its shirt. He works from his home in Jacksonville, Florida, and leverages his social media following by blogging, tweeting, filming a live video show, and updating his Facebook photo, all while wearing the designated T-shirt of the day. And, yes, he will still wear your shirt to a wedding, or even if he's sick in bed. Now that the idea has taken off, Sadler has hired a West Coast counterpart -- with a whole new following -- to expand the company's marketing reach.
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Leadership Talks (Kathleen Patterson - 02 February 2010)
Originally airing in April 2006, this Leadership Talks presentation on Servant Leadership provides a solid foundation on which to build as we explore the growing field of servant leadership in upcoming issues. In this issue's presentation, Dr. Patterson will define servant leadership as virtuous leadership and will explain each vital component, which includes: love, humility, altruism, trust, vision, empowerment and service, and how they play a vital role in being a successful leader.
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Business Week (Matt Symonds - 02 February 2010)
In a few years, Generation Y will storm the gates of MBA programs that are ill-equipped to teach them on their technology-focused terms. It's time for B-schools to embrace the future.
They say every army trains to fight the last war, not the next one. Could it be that business schools are in danger of falling into the same trap, gearing up to train the current generation of corporate leaders rather than the upcoming one?
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Nasaq.com (John Jagerson - 02 February 2010)
Investing like Warren Buffett couldn't be easier. There are a lot of scammers, gurus and talking heads trying to tell you it is a big mystery and you need to pay them to find out how to do it but in this article I can show you how to do it in 5 minutes - for free!
Like many legends, the rumors about Buffett's style are exaggerated, twisted and sometimes just fabricated. For example, Buffett is often quoted as saying that "diversification is a protection against ignorance." But did he really mean it?
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Moneyweb (Tracey Swanepoel - 02 February 2010)
JOHANNESBURG - The coffee we buy. The cars we drive. Our laptops. Cell phones. Wristwatches. Shoes. Bags. We are driving, talkin' sleepin' walkin' living brands.
Brands (consciously or unconsciously) are powerful decision-guiders, choice-makers and even self image-crafters. And yet as savvy as we are as brand consumers, we all too often shed our brand "nous" or intuition when it comes to ourselves as individuals. Ironically, we stand in our own brand "blind spot".
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Harvard Business Review (Dan Pallotta - 02 February 2010)
The typical humanitarian organization sets executive (and staff) compensation by sampling other organizations of similar size (as measured by annual budget) and then matching what they find. It wouldn't occur to most of them to do it any other way. This is a terrific practice if you have no significant growth aspirations for the organization. It's also is a terrific paradigm for keeping social conditions the same for a very long time. If we want social change to occur at the pace of molasses, we needn't change a thing. We have a system that runs at that precise speed. It reinforces stasis.
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New Jersey Business News (Leslie Kwoh - 29 January 2010)
John Campbell survives on just five hours of sleep — and that’s on a good night.
But it’s apparently enough to fuel the 20-year-old college junior, who divides his time between running a successful sneaker shop in Boston and attending classes at nearby Babson College, where he heads the student government and maintains good grades.
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Business Week (Scott Shane - 29 January 2010)
If you want to find America's entrepreneurs, should you be searching places frequented by senior citizens? The answer, from several data sources, appears to be yes.
Contrary to the popular perception that entrepreneurship is a young person's game, seniors are more likely than young people to operate their own businesses.
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Leader.co.za (Tom Peters - 29 January 2010)
Tom Peters tells a story about a man who was unafraid to fail, and why that makes him an Excellent role model.
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Leader.co.za (Dan Pink - 29 January 2010)
Career analyst Dan Pink examines the puzzle of motivation, starting with a fact that social scientists know but most managers don't: Traditional rewards aren't always as effective as we think. Listen for illuminating stories - and maybe, a way forward.
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Leader.co.za (Prof Michael Osbaldeston - 29 January 2010)
Prof Michael Osbaldeston, former dean at Cranfield School of Management, discusses the need for developing leaders in a global business environment.
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My MBA Career (Unknown - 29 January 2010)
While there are still some jobs in the United States, many MBAs are noticing that they may have to go abroad for career opportunities. On the other side of the spectrum, many companies are globalizing, creating a need for people with knowledge of international policies and business practices.
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BNET (Jessica Stillman - 29 January 2010)
Tooting your own horn doesn’t come easily to everyone, but in business the ability to let the world know about your skills and successes is key to getting ahead. So what holds some back from broadcasting their accomplishments? Among other reasons, many fear coming off like a big-headed jerk and generally annoying all and sundry. Thankfully, science has come to the rescue as two new psychological studies reveal how to brag without annoying people.
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BNET (Jessica Stillman - 29 January 2010)
If you recently graduated into the world of work, most likely your picture of the corporate world is skewed away from the warm and fuzzy. With many businesses spending the last year or so desperately trying to survive the downturn, recent entrants to company life have probably seen more than their fair share of draconian cost cutting, lay offs and hiring freezes — all of which might give you the sense that it’s really a jungle out there and getting ahead is simply a matter of dirty politics and soul-less self-promotion. In a fabulously titled article in Ad Age, Joe Hodas argues against this war of all against all school of career advice, and instructs the office newbie in “How to Advance Your Career Without Selling Your Soul.”
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Rough Type (Nicholas Carr - 29 January 2010)
Google is being widely hailed for its announcement yesterday that it will stop censoring its search results in China, even if it means having to abandon that vast market. After years of compromising its own ideals on the free flow of information, the company is at last, it seems, putting its principles ahead of its business interests.
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The Atlantic (Nicholas Carr - 29 January 2010)
Dave, stop. Stop, will you? Stop, Dave. Will you stop, Dave?” So the supercomputer HAL pleads with the implacable astronaut Dave Bowman in a famous and weirdly poignant scene toward the end of Stanley Kubrick’s 2001: A Space Odyssey. Bowman, having nearly been sent to a deep-space death by the malfunctioning machine, is calmly, coldly disconnecting the memory circuits that control its artificial “ brain. “Dave, my mind is going,” HAL says, forlornly. “I can feel it. I can feel it.”
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Linked 2 Leadership (George Brymer - 21 January 2010)
Devoted leaders are willing to play second fiddle—to let others takethe lead, experience opportunities to grow, and enjoy the spotlight.
They realize that, in the final measurement, greatness is determined less by the size of the ocean than by the strength of the shore.
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Harvard Business Review (Monica Tate-Maile - 21 January 2010)
Any manager who has struggled through a turnaround knows how crucial employee buy-in is; they also know how time-consuming and difficult it can be to secure. Three ways to gain buy-in from your people during a turnaround are to commiserate, to collect and share data, and finally to keep lines of communication open.
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Live Mint (Aparna Kalra - 21 January 2010)
International consulting firm McKinsey and Co. is the No.1 dream employer for business school students polled in an online survey by Indian MBA community portal MBAUniverse.com and market research firm Synovate.
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Dumb Little Man (Ali Hale - 21 January 2010)
How many different goals are you chasing at the moment? Are you trying to get fit, cut your caffeine intake, write a novel, start a business, learn to draw, become an early riser, volunteer, get a promotion ... all at the same time?
Okay, that’s a bit of an over-exaggeration, but it’s not too far from the reality for many of us. If you’ve got an interest in personal development, self-improvement, or simply getting a bit more from your life, then you probably have a number of goals that you’d like to achieve in the next year or two.
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Stanford Daily (Ellen Huet - 21 January 2010)
Two years after entering MBA programs, business school graduates are now finding that the job market they left holds little similarity to the one they’re returning to.
A declining economy and changing employment opportunities have more and more graduates of even the most prestigious business schools waiting longer for job offers after graduation. Stanford’s Graduate School of Business (GSB) is consistently ranked in the top five business schools in the nation, but employment statistics for its graduates have shown a sharp downturn in the past year for the Class of 2009.
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Wall Street Journal (Laura Saunders - 21 January 2010)
A Maryland nurse accomplished two rare feats in her battle with the Internal Revenue Service: She defended herself against the agency's lawyers and won, and she got a ruling that could help tens of thousands of students deduct the cost of an M.B.A. degree on their taxes.
The U.S. Tax Court handed Lori Singleton-Clarke her victory last month, saying the 47-year-old Bryantown, Md., woman had properly deducted nearly $15,000 in business school tuition. The Tax Court ruling should make it easier for many other professionals to deduct the expense of a Master in Business Administration degree.
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The Wall Street Journal (James Dyson - 21 January 2010)
Let technological strength rather than marketing plans determine which products to build, says British inventor James Dyson.
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Hospitality Net (Alan J Keith - 21 January 2010)
Today’s employees need to manage their own careers and proactively seek resources such as coaching to achieve desirable outcomes. Personal branding is a strong component of this process, and one that promotes employability and self-confidence.
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Business Week (Jeremy Dommu - 21 January 2010)
One hundred twenty nervous GW MBAs (GW Full-Time MBA Profile) entered an academic classroom for the first time in 4.6 years (on average) on Aug. 17, 2009. "Hi, welcome to the GW MBA program," said the dean. "If you haven't already, you probably should find yourself a summer internship. They are a little harder to find these days than they used to be."
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My MBA Career (Unknown - 21 January 2010)
Many people who enroll in MBA programs find themselves changing their career paths to suit their new qualifications. Students also may find themselves open to an array of networking possibilities that could help them in their career transition.
Because an MBA can provide insight that students may have not previously thought of before, it's not uncommon for individuals to rethink their career choices using their newfound knowledge.
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Gotta Quirk (Lyndi Lawson - 15 January 2010)
A decade on from the turn of the millennium and there’s no doubt that the world is a changed place. Aside from obvious advancements in technology, information is freely available, there are 100s of different ways to communicate and ultimately there is far more that you are expected to do and achieve in the same amount of time. This is particularly true in an industry like ours where things change faster than you can say Google Nexus One. Not only do you have to do your job – a strange and often undefined beast when you’re an eMarketer – but you also have to stay up to speed with the latest developments, come up with creative ideas for your clients, focus on building your own brand and advancing your career.
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Gotta Quirk (Lyndi Lawson - 15 January 2010)
It’s a common theme in many a cheesy film – struggling musician trying to make it big with nothing except his raw talent to commend him. Usually in the movies, said musician already has a cult following and a rich well connected benefactor waiting in the wings to ensure that in no time, he is playing to packed audiences at international music festivals. Sadly, in real life, such happy endings are less easy to come by. While the Internet has made it easier, promoting yourself on a zero budget is still challenging. This is not strictly limited to artists trying to make their way in the music world either – any group or individual trying to make a name for themselves without the benefit of a trust fund face many of the same challenges. Here are some tips to help bring that happy ending to fruition a little sooner.
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Hannah Morgan (Hannah Morgan - 15 January 2010)
I had a job seeker ask yesterday if he should send a thank you letter for his first interview, even though he has a second interview lined up. Anyone want to guess what my answer was?
ALWAYS send a thank you. Even if you get a rejection. Thank you goes a long way. Remember, managing your career is about managing relationships. Do you think you would want to know this person who makes hiring decisions to remember you?
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Stanford University (Ruth Schechter - 15 January 2010)
When it comes to negotiation, it’s not so much that women don’t ask as much as how they position themselves during the discussion. To take part in a successful negotiation, a woman needs to tie in what she needs—whether it be salary, maternity leave, flex time, or recognition—to how it can benefit the organization.
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Fin 24 (Marc Ashton - 15 January 2010)
Johannesburg - The expansion of the JSE's Africa Board is being held up as regulatory authorities in Africa are wary of the intentions of the South African bourse.
That's according to the JSE's new business development manager of the Africa Board, Geoff Musekiwa. On Tuesday, he said many African-based companies were keen to pursue a listing on the JSE, but get bogged down by negotiations with their local authorities and the need to follow "due protocol".
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Harvard Business Review (Rosabeth Moss Kanter - 15 January 2010)
Positive energy is an often underrated leadership trait. Great leaders know that they need to both inspire their people for the future and energize them on a daily basis. Three ways to bring on the energy: focus on the bright side, redefine negative as positive and don’t dawdle.
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Harvard Business Review (Kevin Daley - 15 January 2010)
Disappointing news is never easy to deliver. Whether you are announcing that you haven't made your numbers or that there will be no bonuses this year, three tips for delivering bad news in a way that minimizes stress and negative impact on productivity are as follows: do it ASAP, give context and prepare for questions.
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BizAssist.co.za (Brian Tracy - 15 January 2010)
Perhaps your greatest asset is simply your ability to stay at a task longer than anyone else.
B.C. Forbes, who founded Forbes magazine and built it into a major publication during the darkest days of the Depression, wrote, “History has demonstrated that the most notable winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeat.”
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Harvard Business Review (Peter Bregman - 15 January 2010)
Whether you replied to all when you should have forwarded, or you sent an email with a silly typo, most people have wished for an Undo Send button on at least one occasion. Google installed a five-second hold time on emails to allow users to reconsider and undo send. But what about when you say or do something in person that you immediately regret? Instead of regretting, take five seconds before you speak or act, especially in high-stress or emotional situations. Brain research has shown that by pausing, regulating your breathing, and taking just a few seconds, you are more likely to act rationally instead of foolishly.
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My MBA Career (Unknown - 15 January 2010)
The recession has changed the job-hunting framework for many adults. Many individuals are enrolling in grad schools and MBA programs to further their credentials so when the job market does open, they're better prepared for interviews because of training and knowledge.
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The Economist (Unknown - 08 January 2010)
LAST autumn, during the height of the crisis, I heard a grim prophecy. Bruce Greenwald claimed that the Great Depression was long and severe because America was experiencing a radical change; the final stage in the transition from an agrarian to an industrial economy. He reckoned the current recession would be especially bad because the American economy is in a similar situation. Now we're in the midst of the final push from manufacturing into services. As we move into a period of stabilisation, featuring weak job growth, I wonder if he may have a point.
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Dumb Little Man (Stuart M. - 08 January 2010)
Persuasiveness is one of the most important skills anyone can learn because it is useful in countless situations. At work, at home, and in your social life, the ability to be persuasive and influence others can be instrumental for achieving goals and being happy.
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Knowledge@Wharton (Unknown - 08 January 2010)
U.S. stocks boomed in the last nine months of 2009, but remained well below earlier highs. Indeed, many people referred to the first 10 years of the 21st century as "the lost decade," because stocks returned virtually nothing while investors had been conditioned to expect 10% a year. Meanwhile, bonds and commodities experienced a stunning run. Have the rules of investing changed? What's ahead for 2010? Knowledge@Wharton talked with Wharton finance professor Jeremy Siegel, who sees some hazards, especially for bonds, but expects a good year for stocks.
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Knowledge@Wharton (Unknown - 08 January 2010)
Despite renewed GDP growth and other positive signs, the U.S. isn't out of the woods, says Wharton finance professor Franklin Allen. In fact, the country could be heading into a "double dip" scenario that tips it back into a recession. That depends on how a number of factors play out in the coming months -- or even years -- not only in the U.S., but also around the world. Global interest rate policies, property markets and public deficits will all demand attention, Allen notes in a recent interview with Knowledge@Wharton.
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Knowledge@Wharton (Unknown - 08 January 2010)
When the 818-meter Burj Dubai tower, the world's tallest building, opened for occupancy with lots of fanfare on January 4, it was proclaimed to be a crowning achievement of the emirate of Dubai, with its bold plans to establish itself as a regional trade and services hub. The $4 billion tower included an Armani hotel, an observation deck, homes, offices and more, and was nothing less than "a symbol of Dubai's can-do spirit," according to the building's owner, state-owned Emaar Properties.
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Knowledge@Wharton (Unknown - 08 January 2010)
After a tough grind through the Year of the Ox, it's easy to see why China is looking forward to the beginning of the Year of the Tiger in February. Thanks in large part to the Chinese government's ability to keep the world's third-largest economy moving over the past 12 months with a massive, two-year, RMB 4 trillion ($585 billion) stimulus program, most analysts expect robust growth in the year ahead.
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Capita Lens (Unknown - 08 January 2010)
CEOs see increased capital spending and sales, cite health care as top cost pressure Washington – The CEOs of America’s leading companies anticipate increased capital expenditures and sales in the next six months, but do not expect employment to significantly improve, according to the results of Business Roundtable’s fourth quarter 2009 CEO Economic Outlook Survey. Business Roundtable CEOs also cited health care as their top cost concern going into 2010.
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Capita Lens (Derek Watson - 08 January 2010)
Timing is everything, and bargain-hunting investors are indicating that now could be a good time to acquire troubled assets. Certainly, the mergers and acquisitions market is uncrowded right now. U.S. deal volume in the third quarter was the slowest period by dollar value since the third quarter of 2004, according to The Wall Street Journal. Meanwhile, there is no shortage of potential acquisition targets. With large declines in the global markets, stock prices are at below-average levels, based on a 10-year price-to-earnings average. And the number of troubled assets available for sale continues to rise. Opportunistic companies with healthy balance sheets and access to cheap sources of financing may be in a good position to execute on long-term growth strategies.
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Knowledge@Wharton (Unknown - 08 January 2010)
In June 1991, the government of India pawned 67 tons of gold to the Bank of England and the Union Bank of Switzerland to shore up its dwindling foreign exchange reserves. The U.S. dollar was in great demand. By November 2009, after nearly two decades of reforms and globalization, the shoe had moved to the other foot: India bought 200 tons of gold from the International Monetary Fund (IMF). The country's reserves stood at $285 billion -- compared with $2 billion in 1991 -- and the demand for greenbacks had dimmed.
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New York Times (Ashlee Vance - 08 January 2010)
For years, the process remained relatively static: PC makers like Hewlett-Packard and Apple, with well-staffed research labs and design departments, would dream up their next product and then hire a Chinese or Taiwanese fabricator to manufacture the largest number of units at the lowest possible cost.
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Seth Godin’s blog (Seth Godin - 02 January 2010)
For most products and services, most of the time, people sign up for the Cheapest Reliable Alternative Plan.
If everything appears to be the same, then of course they're going to pick the cheapest one that's good enough.
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Dumb Little Man (Ali Hale - 02 January 2010)
Over the past six years, I’ve picked up a lot of time management tips. Some of them have been helpful and, frankly, some have been useless. Here, I’ve compiled the ten that have served me best. And yes, I’m sure you’ll have heard some of them before ... but are you actually doing them?
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Reuters.com (Nick Carey - 02 January 2010)
After graduating from high school more than 40 years ago, Hagan worked briefly at one of the local steel mills that dominated the local economy. In 1971, he became a locomotive engineer at railroad company CSX Corp, switching rail cars in every mill and yard in the area over the years.
The job afforded him a ground-level view of the slow-moving disaster that would tear out Youngstown's heart over the next decade and a half -- as it did many other towns in America's Rust Belt.
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ZDNet.com (Jennifer Leggio - 02 January 2010)
Brand loyalists don’t just buy your product and pledge allegiance to your brand, they’ll also help you market it to others and grow your influence even when you’re not aware of it. Having an army of brand loyalists will also help you refine your product or service through customer feedback, and in turn, enhance customer satisfaction and boost brand loyalty.
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Harvard Business Review (Teresa M. Amabile and Steven J. Kramer - 02 January 2010)
Understanding the power of progress.
The Problem.
Ask leaders what they think makes employees enthusiastic about work, and they’ll tell you in no uncertain terms. In a recent survey we invited more than 600 managers from dozens of companies to rank the impact on employee motivation and emotions of five workplace factors commonly considered significant: recognition, incentives, interpersonal support, support for making progress, and clear goals. “Recognition for good work (either public or private)” came out number one.
Unfortunately, those managers are wrong.
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Harvard Business Review (Herminia Ibarra and Morten T. Hansen - 02 January 2010)
Nancy McKinstry, CEO of Wolters Kluwer, a Dutch publishing and information company, recalled holding a strategy meeting in which the press in Holland wrote that she wore a suit that was the same color as the KLM flight attendants'. As she told the New York Times recently, "Here we were talking about the plans for the business and that's what they focused on."
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Harvard Business Review (Unknown - 02 January 2010)
Some names you’ll recognize, many others will surprise you. But these 100 leaders all have one thing in common: They’ve delivered excellent results over the long term, as measured in groundbreaking new research. View the slideshow to see the 100 best-performing CEOs worldwide.
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Harvard Business Review (Unknown - 02 January 2010)
Harvard Business interviews Andrew McAfee, principal research scientist at MIT's Center for Digital Business, in order to help us understand how enterprise 2.0 will reshape today’s businesses. Here enterprise 2.0 is defined as the use of emergent social software platforms by organisations in pursuit of their goals.
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Forbes.com (Maureen Farrell - 02 January 2010)
Invisible speakers. Detergent-strength tap water. Landmine-sniffing rats. Instant whiteboards.
Last January, Forbes launched its BreakOut! video series to profile the entrepreneurs, inventors and thinkers behind the very kinds of disruptive technologies that could change the world--or at least make you think: "Now that's pretty cool!"
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Wall Street Journal (Toddi Gutner - 24 December 2009)
Faced with an unemployment rate of 16% for 20- to
24-year-olds, a growing number of recent college and grad-school graduates are
launching their own companies, according to anecdotal evidence from colleges,
universities and entrepreneurship programs around the U.S.
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Financial Chronicle (Unknown - 24 December 2009)
One need not necessarily be a management
graduate to become a successful CEO, going by a study profiles of best
performing CEOs selected by Harvard Business Review.
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Dumb Little Man (Unknown - 24 December 2009)
Success is not a set
of achievements or a combination of external factors; it is a mindset. Success
is an attitude that comes from a framework of powerful beliefs and empowering
thoughts. In this article's list of beliefs and empowering thoughts, a broader view of success is painted. One that the author hopes will give others a wider angle towards the meaning of success ranging from the material to
the spiritual.
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MyMBAcareer.com (Unknown - 24 December 2009)
As the economy continues to get back on itsfeet, many MBAs are notseeing the job opportunities they expected. However, analysts believe that therecent surge of temporary hiring could not only lead to a full-time position,but it also offers a light at the end of the tunnel.
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Feld.com (Brad Feld - 24 December 2009)
What are the downsides to syndicating a round of financing
for the entrepreneur/startup (assuming the relationship with all investors is a
good fit of course)? By syndicating a deal, the entrepreneur gains access to a
larger network. This seems to be a big positive. However, there are plenty of downsides. This article explores
five common ones.
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Inc.com (Unknown - 24 December 2009)
Aaron Patzer launched Mint.com as a user-friendly alternative to Quicken and other personal-finance software out there. Little did he know that just two years later, Intuit, which makes Quicken, would fork over $170 million for his website. So how did he do it? This slide show describes exactly how.
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HarvardBusinessReview.org (Norm Smallwood - 24 December 2009)
60-70% of leadership is common for any effective
leaders - from a bootstrapping entrepreneur to a leader at a large
organization. By synthesizing their work the author and 2 of his colleagues identified five rules to decode
leadership, all of which are unpacked in this article.
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Harvardbusiness.org (Peter Bregman - 24 December 2009)
This article describes when is the right time to confront someone. In the words of the author "The first time someone does something that makes me feel
uncomfortable, I notice it. The second time, I acknowledge that the first time
was not an isolated event or an accident but a potential pattern and I begin to
observe more closely and plan my response. The third time? The third time I
always speak to the person about it. I call it my rule of three."
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HarvardBusinessReview.org (Peter Bregman - 24 December 2009)
Your mind is often your
greatest tool, but as anyone who has been taken over by fear, frustration, or
worry knows, it can also be your greatest enemy. Whether you're concerned about
not having the respect of your peers or that a customer isn't calling you back
because she's gone to a competitor, over-thinking the issue only serves to
compound the worry. Instead, pretend you have what you want. Act as if your peers respect you or the
customer is loyal. These may be fantasies, but what you're worrying about may
be as well. It's better to stop the worry and act confidently; chances are
better you'll get what you want.
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HarvardBusinessReview.org (John Baldoni - 24 December 2009)
It would be nice if great ideas truly sold themselves, but even great ideas require artful pitching. This article gives three steps for influencing upward and convincing your boss that it makes good sense for the organization to pursue your idea.
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HarvardBusinessReview.org (Ron Ashkenas - 24 December 2009)
Complexity is one of the largest problems plaguing organizations, and most leaders yearn for more simplicity. But don't confuse simple with easy. Ridding your organization, department, or process of unnecessary complexity requires careful attention. Remember the three Cs of this article when trying to restore simplicity.
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SDNN.com (Justin Gittelman - 24 December 2009)
You are your own personal brand. Build it.Here's how.
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Seth Godin.com (Seth Godin - 17 December 2009)
If you're in a low trust industry (like car sales), a social media presence dramatically increases the opportunity people have to call you out, beat you up, tattle on you and flame you in public. If you have a Facebook page and people can YELL at you there, for all to see, it makes you vulnerable. Do you really think that a Chris or a Guy or Gary is going to risk ripping you off for consulting or wine? No way. Too easy for someone to post a comeback for all to see.
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The Economic Times.com (Paramita Chatterjee & Mahima Puri, ET Bureau - 17 December 2009)
Emboldened by their success in snaring management graduates from top business schools, such as the Indian Institutes of Management, in the last placement season, public sector banks (PSBs) plan to hit the campuses aggressively this time too.
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Dumb Little Man.com (Mary Jaksch - 17 December 2009)
Imagine that you're driving a car and want to make a right-hand turn. You turn the steering wheel - but nothing happens. The car keeps on traveling straight ahead for another 100 yards or so before it slowly begins to veer off to the right. That doesn't sound like a safe car, does it? And it would be a stressful experience, because we are used getting to an instant response to a change of direction. It's the same whenever we start something new.
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Personal Branding.com (Maria Elena Duron - 17 December 2009)
There are several programs that large brands use to “monitor” the conversation and to know what’s being said. What if you’re a small brand? Or, even smaller – what if the brand is YOU? Listening as a brand
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Bnet.com (Stacy Blackman - 17 December 2009)
We recently looked at how VC firms can be a lot like high school cliques. Now the knowledge@Wharton web site is continuing this business-as-high school analogy in the opening paragraph of the recent article “Popularity Contests: Why a Company Embraces One Innovative Idea but Shuns Another“:
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Bnet.com (Stacy Blackman - 17 December 2009)
You probably already know that Apple’s Steve Jobs, Amazon founder Jeff Bezos and Dell founder Michael Dell are considered great innovators. But do you know the shared skills that make them that way?
This is what researchers from Harvard Business School, Insead and Brigham Young University set out to find when they undertook a six-year study of over 500 entrepreneurs and 3,000 executives. Their results have been published in “The Innovator’s DNA,” an article in this month’s Harvard Business Review.
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Wall Street Journal.com (Alina Dizik - 17 December 2009)
Revisiting your network for more help on landing a job can be uncomfortable, especially if they’ve already tried to help. But with the search taking longer, it’s important to continue to reconnect with contacts — even if they didn’t succeed in helping you the first time. To get past the unease of asking for help, John Crant, career expert and founder of SelfRecruiter.com suggests showing the person how you can still be valuable as a job seeker. Make sure to ease into a pleasant conversation, because “there is always an ego component to networking as everyone secretly, if not overtly, wishes to be the center of attention,” says Mr. Crant.
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Freakonomics.com (Freakonomics - 17 December 2009)
After jump-starting the economies of Somali fishing towns, local pirates are taking their local business further by setting up “stock exchanges” that host 72 pirate gangs or “maritime companies,” a Reuters article reports.
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Reuters.com (Unknown - 17 December 2009)
The Aspen Institute releases its ranking of MBA programs that integrate sustainability and social responsibility.By Tracey de Morsella
The Aspen Institute recently released the 2009-2010 edition of Beyond Grey Pinstripes, a biennial survey and popular alternative ranking of full-time MBA programs that integrate sustainability and social responsibility into the curriculum. This year, 149 business schools from 24 countries participated in the survey, up from 111 schools in 18 countries. Beyond Grey Pinstripes is one of the few MBA rankings that look beyond reputation and test scores to measure how well schools are preparing their students for the environmental, social and ethical complexities of modern-day business.
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Forbes.com (Matt Symonds - 17 December 2009)
In our increasingly complex world, becoming an effective business leader gets ever more difficult. Of course, it has never been simple, and commerce has always been affected by politics and diplomacy, the natural sciences, demographics and other fields that require specialized expertise. But change used to happen more slowly, giving corporate leaders more time to learn and evaluate and react to circumstances. Now, in our 24/7 world of instant global communication and interconnection, take your eye off the big picture for a moment and the results can quickly be disastrous.
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www.Inc.com (Unknown - 12 December 2009)
Hear the stories of the most influential and world-changing entrepreneurs of the decade: Steve Jobs of Apple, Jeff Bezos of Amazon, Martha Stewart, Mark Zuckerberg of Facebook, Larry Page and Sergey Brin of Google and more...
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Universityworldnews.com (Geoff Maslen - 12 December 2009)
Students from mainland China who go abroad to study far outnumber those from any other country and they will continue to increase their domination of the international student market for decades to come.
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Universityworldnews.com (Karen MacGregor - 12 December 2009)
A shocking 40% of South African students drop-out of university in their first year, a major study has found. Financial difficulties among the country’s large pool of poor black students are, unsurprisingly, largely to blame – ‘first generation’ students from low-income, less educated families are the most likely to drop out.
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Fins.com ( Kyle Stock - 12 December 2009)
Despite thousands of career casualties, the crisis has not made MBA students any less eager to charge into the front lines of finance. Driving the interest in a post-MBA finance career is simple economics. Stocks and houses may be on sale, but business schools are not any cheaper than they were 18 months ago. Students, in turn, are not any less enthralled with the prospect of a lucrative Wall Street career, even if they may be harder to come by these days.
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Inc.com (Unknown - 12 December 2009)
This article explores the most fascinating innovations of 2009: Silicon Ink, a robot that climbs, recycled coal, a tiny wireless heart monitor (CardioMEMS), and more....
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MBA.co.za (Christine Leonardi - 12 December 2009)
Most people start a new job ready to tackle new challenges, prove their worth and build relationships with their new bosses and co-workers. Reality often kicks in after the so-called “100-day honeymoon” period: the boss they thought was so wonderful turns out to be a tyrannical egomaniac, an uninspiring, indecisive wimp, or a good communicator with little substance. When this happens, consider a fundamental Peter Drucker teaching: Your success depends not just on how well you do your job. It also depends, a great deal, on how well the person to whom you report does his or hers. This means you must become adept not only at managing yourself and those who work for you, but also at managing your boss.
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Leader.co.za (Mia de Kuijper - 12 December 2009)
A power node can be anything that a company depends on to influence financial outcomes and help or hinder cash flows, risks, and investments for itself or other players over an extended period of time. Twelve power nodes will be the most important sources of profit in thedecades to come. Ten of the older nodes are already well-established
sources of leverage. This article discusses the different types of power nodes.
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Leadership-and-motivation-training.com (Unknown - 12 December 2009)
Research shows that there is a consistent set of traits, characteristics and qualities of good leadership that people look for in their leaders.
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UniversityWorldNews.com (Leah Germain - 09 December 2009)
International MBA organisations have released two surveys predicting a future for MBA graduates that is surprisingly optimistic, despite last year's global economic collapse. The UK-based Association of MBAs and QS TopMBA.com have produced individual reports highlighting the stability an MBA degree offers employees during times of market instability. The report noted that the average salary of MBAs in the UK had increased since 2008 from £70,250 (US$117,083) to £75,092 (US$125,153) in 2009. The second survey, International MBA Recruiter Survey 2009 released by QS TopMBA.com indicated a greater demand for MBA graduates with business experience as opposed to recent MBA graduates.
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www.Fastcompany.com (Ariel Schwartz - 09 December 2009)
AltaRock Energy
Sausalito, California-based AltaRock Energy has capitalized on the alternative energy craze with a bid to make Enhanced Geothermal Systems (EGS) a viable alternative to fossil fuel-based power. Eventually, AltaRock claims that it could supply 20% of all U.S. energy. But Altarock, which began a demonstration project in 2008 at The Geysers, an area located 70 miles north of San Francisco, has had its share of setbacks. The project was temporarily halted in September due to safety concerns. Once the demonstration project is back on track, expect AltaRock to expand quickly, as the company has over $26 million in backing from Google.org, Vulcan Capital, Kleiner Perkins Caufield & Byers, and Advanced Technology Ventures. Last month, AltaRock also received $25 million from the U.S. Department of Energy--the single largest grant to a geothermal company from the government.
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www.Fastcompany.com ( Sheryl Sulistiawan - 09 December 2009)
Have you ever felt like you are stuck in a rut in your life? John Hunt, worldwide creative director of TBWA, believes you can change that by simply harvesting the ideas already swimming in your head.
The Art of the Idea: And How It Can Change Your Life is a collection of Hunt's insights, along with illustrations by South African painter Sam Nhelengethwa, meant to encourage original thinking that will break you out of the daily grind. Here are some excerpts.
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BNet.com (Amanda Becker - 08 December 2009)
You'd like to
think that even under pressure, your moral compass would keep you from doing
anything unethical at work. But is it really that reliable? Here are three
case studies from a new business school curriculum that are based on real-life dilemmas. In each
case, the real subject successfully managed both the ethical issue and the
internal politics. Vote for how you would handle each one and then click below
for the real-life answer.
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INC. (Keith Ferrazzi - 03 December 2009)
Last month at TED2006 I had dinner with a leader of a major technology company, and we discussed the Big Task Summit my firm is hosting in April. On behalf of our clients Kaiser Permanente, Safeway, and Dupont, we’re inviting leaders from 30 other companies to share in some significant research focused on reducing corporate healthcare costs and increasing employee wellness funded by these companies. This executive suggested I invite one of her co-founders, saying,"He really does care about these issues."
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Dumb little man (Tips for life) ( Srinivas Rao - 03 December 2009)
The average person starts the personal development journey in order to gain more control over his or her ability to make changes in their lives. But, somewhere along the journey they forget that there are certain things we really don't control.
In fact, there are some things that were never meant to be controlled. By focusing on the things we do control, and letting go of the things we don't the ride through journey of life and personal development tends to be a lot less bumpy.
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My MBA Career (My MBA Career Content Team - 03 December 2009)
By the My MBA Career Content Team – Find Top MBA Degree Programs The recession has much of the country wondering when an economic rebound will lead to employment opportunities for MBAs and other professionals.
Certain economists are beginning to show signs of optimism in regard to the U.S. job market, according to the Jacksonville Business Journal. Although the unemployment rate was 10.2 percent in October, some experts predict companies might begin hiring again during the first quarter.
"While the recovery has been jobless so far, that should soon change," Lynn Reaser, president of the National Association for Business Economics (NABE), told the news provider. "Within the next few months, companies should be adding instead of cutting jobs."
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