For most of the 20th century, the compact between employers and employees in the developed world was all about stability. Jobs at big corporations were secure: As long as the company did OK financially and the employee did his or her job, that job wouldn’t go away. And in the white-collar world, careers progressed along an escalator of sorts, offering predictable advancement to employees who followed the rules. Corporations, for their part, enjoyed employee loyalty and low turnover. (Harvard Business Review)
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In the business world, your credibility is everything. It tells people whether they can count on you. It tells your customers, employees, bosses, and coworkers what they can expect from you. Whether they can trust you or not. Over time, that becomes your reputation. (Inc.)
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We all know no one posts the best jobs. The really juicy positions usually get handed around like a treasured prize within social networks. Maybe you'll see a notice on LinkedIn, or a posting on your alumni listserv – but probably not. The most exciting jobs have an infinite number of aspirants, so unless you've been personally recommended by someone close to the action, it's difficult to get noticed. (Harvard Business Review)
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If recent studies are to be believed, most of us get more than eight hours every night. So why do we think otherwise? Major factors include our perceptions of ourselves and time – and how we spend it. (Fast Company)
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I work for someone who keeps bringing up my ideas in meetings with senior management before I get the chance to speak; and he talks about these solutions I've come up with as if they were his own, with no mention of me at all. A friend who has witnessed this tells me I need to "promote my personal brand" so that people in the company and elsewhere know that I've become something of an expert in my area, which is streamlining processes and improving operational efficiency. (Fortune)
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We know that a job interview is a lot like a date – and like that other courting process, initial excitement can wear off quickly. Do this, not that, and the job you've been chasing could finally be yours. (Fast Company)
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A lot happens to people in the 10 years after they earn an MBA – promotions and layoffs, startup successes and failures, marriages and divorces, and so on. The INSEAD Class of 2002 had its share of these expected twists and turns, plus a few surprises. (Bloomberg/Businessweek)
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Firms are catching on to paternity leave. Dads? Not so much. Yahoo Inc. announced in April that new fathers can take eight weeks off at full pay. Bank of America Corp. offers 12 weeks of paid leave, and Ernst & Young a few years ago bumped its leave policy from two weeks to six. Fifteen percent of U.S. firms provide some paid leave for new fathers, according to a survey from the Society for Human Resource Management to be released on Father's Day. (The Wall Street Journal)
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I have a modest proposal that could easily quadruple the inventive capacity of the country. It's simple, yet powerful, and with the right funding, it could be a game changer. The idea: let's completely remove the shopworn expression "think outside the box" from circulation for retooling. (Huffington Post)
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Over the past few years we have grown used to discussions about one or more countries leaving the Euro. The Grexit, the Spexit, and the Quitaly, have become part of the lexicon of the financial markets. (MarketWatch)
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UK Uncut has no offices and no formal leader, and key members often plot strategy over midnight pints of ale in London pubs. Yet, with more than 60,000 Twitter followers and a sprawling network of college-educated volunteers, the Occupy Wall Street-style group has helped galvanize public opposition to corporate tax avoidance. (Bloomberg)
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Who's going to fill all the high-skilled jobs that a manufacturing resurgence requires? That's the question companies and governments are trying to answer. (The Wall Street Journal)
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Niki da Silva sits at the head of a long rectangular table in an ultra-modern glass-walled conference room on the sixth floor of the University of Toronto’s Rotman School of Management. As director of MBA admissions and recruitment, da Silva is the school’s top gatekeeper, the sentry who decides which candidates get in and which get rejected. (Poets & Quants)
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In the wake of a controversy surrounding secret searches of faculty emails, Harvard College Dean Evelynn Hammonds – the first African-American and the first woman to serve in that role – announced that she will resign on July 1 to return to teaching and research. Some believe her transition out of a leadership position at one of the most prestigious spaces of higher learning in America is an indicator of the difficulties blacks face in attaining and retaining these roles. (The Grio)
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Early Bird Discounts End June 30! Register Now for NBMBAA's 35th Annual Conference and Expo
Save big when you register now to join us September 10-14 for our 35th Annual Conference and Expo, "Courageous Leadership: Owning Your Own Success." Register today to take advantage of early bird pricing, get first crack at hotel rooms and set yourself up for an unforgettable networking, career building and professional development experience in Houston.
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In spite of the recent announcements of new technologies from the likes of Apple, Sony and Nintendo, a new study shows that teen selection of social media is frequently becoming a Black or white choice. (DiversityInc.)
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Companies like Google and Facebook are very much caught in the middle of the current debate about . Press reports have said the companies are required to turn over huge amounts of customer data to government agencies like the National Security Agency, but the companies are often barred from saying anything publicly about the requests they receive. (NPR)
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Like most of his colleagues at Evernote Corp., Amitabh Handa no longer partakes in the morning ritual of wading through voicemails when he arrives at work. The reason is simple: He has no desk phone.(Bloomberg)
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During the Great Recession, banks battered by the financial crisis lent less to small businesses. Credit unions picked up some of the slack, using comparatively strong financial health to fill the demand for small business loans. By one measure, that trend has been reversing: Biz2Credit’s Small Business Lending Index shows approval rates at credit unions have been falling steadily, while big banks appear to be loosening standards for small business loans. (Bloomberg/Businessweek)
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"Invention, my dear friends, is 93% perspiration, 6% electricity, 4% evaporation, and 2% butterscotch ripple." So says Gene Wilder's Willy Wonka, in the 1971 film of Roald Dahl's classic children's book, Charlie and the Chocolate factory. Unfortunately, few of us are lucky enough to have a chocolate factory full of non-union Oompa Loompas to help you get your idea to market. But, what you do have that dubious employers like Mr Wonka don't, is the power of the internet. And fewer trips to the dentist. (BBC News)
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The liberal Center for American Progress will release an extensive plan on Thursday aimed at ­recharging the U.S. economy through a barrage of education, trade and other policies meant to boost beleagured middle-class workers. (The Washington Post)
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The Department of Labor released its latest report on job openings yesterday, and while not much changed from last month, it was a reminder that the labor market is still pretty much murder. With more than 11.7 million unemployed Americans still out there, the government estimates that there are 3.8 million jobs to be had – a ratio of 3.1-to-1. (The Atlantic)
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Reckless bets on real estate can cause trouble. They can, for example, help to bring down the global economy. But many financial advisers say including some real estate in an investment or retirement portfolio is a good idea. It adds diversification. (NPR)
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The cashless society – a world where physical money is practically obsolete – has, in just a few years, gone from a utopian dream to something like an inevitability. In Sweden, a national effort is underway to take the country cashless within two decades. Throughout Africa, it's perfectly common for merchants to accept money through mobile phones by having buyers transfer a specific amount of money to a specific number associated with the merchant. (The Atlantic)
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You know how this should go: Start saving for retirement in your twenties and keep it up for three decades or more. Begin transitioning your finances to the withdrawal stage in your late fifties and sixties. And – voilà! – stop working at age 65 and turn your nest egg into a steady series of paychecks. Retirement planning rarely goes that smoothly, especially the "transitioning" part. (CNN/Money)
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Even before revelations of Prism-gate emerged a week ago, chief information officers had been cracking down on employees using apps built by Facebook and Google – two of the tech giants ensnared in the National Security Agency spying scandal – while on the job. Facebook (FB) and a host of Google (GOOG) apps top the corporate blacklist league table, according to a new study compiled by mobile device management specialists Fiberlink. (Bloomberg/Businessweek)
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Twenty years ago, on June 15, 1993, Adobe Systems officially introduced the Acrobat product suite and its underlying file format, the Portable Document Format (PDF). It's difficult now to recall how challenging it was to exchange electronic documents before then. (Knowledge@Wharton)
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States are climbing out of the deep fiscal hole they fell into during the economic downturn, but the pace of the recovery is expected to slow as federal budget cuts kick in and a valuable tax windfall disappears, according to a new report. (The Washington Post)
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Life is full of negotiations, big and small. We negotiate for raises, we negotiate with clients and providers over prices, and we negotiate for more staff, the best projects, and flex time. (Then we go home and negotiate with our kids about how old you have to be to get your own smartphone.) (Harvard Business Review)
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You've just stomped into your office and slammed the door. You're locked in battle with one of your colleagues or employees over how best to solve a business problem. You feel so angry you could spit nails. First, take a deep breath. Second, consider this: A conflict within your company is one of the greatest opportunities for creative thought you'll ever have. (Inc.)
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Three-hour lines at U.S. Customs checkpoints have caused so many travelers to miss connections that Miami International Airport set aside an auditorium filled with cots as an overnight shelter. At Dallas/Fort Worth International Airport, chairs are on standby, ready to be rushed in for extra-long immigration-hall waits. (The Wall Street Journal)
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If you don't decide on how to make decisions, you'll be exhausted by the time you finish that bowl of cereal. Or oatmeal. Or maybe eggs, instead. Pancakes? (Fast Company)
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