You know how important emotional intelligence is to success. Here's how "Personal Intelligence" impacts the dynamics of the modern workplace. (Fast Company)
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Russia warned Ukraine today that it faces "grave" economic consequences, including potential new restrictions on trade, after President Petro Poroshenko signed a free-trade agreement with the European Union. Such retaliation would certainly harm Ukraine, which sends about one-fourth of its exports to Russia. But the construction of new trade barriers only underscores the bunker mentality that underlies President Vladimir Putin’s management of Russia’s economy – and the increasing risk it poses to the country’s economic health.(Businessweek)
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Headlines might give you the impression that entrepreneurs don’t need the degree to be successful. News of startups bought for billions, or at least hundreds of millions, seems to come in as fast as you can tweet it. Sometimes, even faced with sky-high figures, founders wait for a better offer. Given the appetite for startups, it’s fair to ask: Why should any young innovator take two years – and a load of debt – to get an MBA? (Businessweek)
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NBMBAA wishes everyone a Happy July 4th holiday. Our offices will be closed Friday in observance of the holiday. Information and details are available 24/7 at www.nbmbaa.org.

 

Even though we all want to be more productive, it’s hard to make major changes. Small changes are easy – and can be incredibly powerful. That’s why the following 20 tips are simple enough you can immediately incorporate them into your daily routine. Some tips will help you better use your time. Others will help you harness your energy. Others will help you stay more focused. No matter what, they all work. So try a few – or try them all! (Inc.)
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In the early days of the internet, email natives loved to trade tales of executives who asked their assistants to print out emails so they could read and respond to them on paper. Now we all use email, and assistants are a seemingly rare commodity. But they can still play a useful role in managing your messages. (Harvard Business Review)
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It is a source of tension in many workplaces – nonstop conversation from the office oversharer. Oversharers spew gritty details about their romantic exploits, marital woes, financial problems, recent surgeries or the latest moves by their mothers-in-law – whether colleagues show interest or not. (The Wall Street Journal)
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As the chief diversity officer for PwC (formerly PricewaterhouseCoopers) , I spend a lot of time thinking about the kind of 21st-century workforce every great company needs. What keeps me up at night is whether the firm has done everything possible to create a welcoming culture, one in which people of all backgrounds feel at home – at least during the workday. (Fast Company)
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Even if you are a bank as gigantic as BNP Paribas, $9 billion is a lot of money. Shareholders of the French bank know that all too well, as that is what they are paying in penalties to the United States for a conspiracy to allow money transfers to Sudan and other blacklisted nations. (The New York Times)
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Puerto Rico’s electrical utility is running out of money and time to negotiate a deal with its lenders, part of a broad reckoning for an island that relies on Wall Street to finance some of its most basic functions. The Puerto Rico Electric Power Authority must repay $146 million to Citigroup over the next two months for a credit line used to buy oil to generate electricity. (The New York Times)
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Cutting off access to the student aid spigot is probably the most important way the Department of Education can clamp down on poorly performing for-profit colleges, but doing so isn’t easy—as the ongoing saga of Corinthian Colleges (COCO) shows. Today, Corinthian announced that it missed a deadline to reach an agreement with the government to wind down and sell its programs, although both it and the department expressed optimism that a plan is coming soon. (Businessweek)
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Three economics professors road trip across America. The result? Lots of yuks and small business case studies. (Fortune)
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Every so often we find ourselves in all sorts of quandaries. It’s simply a part of life’s course. Join NBMBAA® as we provide practical steps to reset, refocus and recalibrate your reality and navigate the everyday compromises, sacrifices and adjustments across the eco-system of life.

The next NBMBAA Regional Symposium takes place July 17 at the Chicago Cultural Center. Tickets are $35 for students and $50 for members. Non-Members can attend at a special early bird rate of $75 until July 7. Tickets are limited, so register today!

 

Innovation is happening all over Africa in all different sectors, from education to energy, banking to agriculture. "It's the best kind of innovation - the problem-solving innovation born out of necessity," says Toby Shapshak, editor and publisher of the South African version of Stuff magazine says. (BBC News)
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The July Fourth weekend signals summer is in full swing. Will you unplug during the break, or will you stay tethered to your smartphone? (Fast Company)
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Everyone knows Hong Kong as the buzzy island city home to over seven million people perpetually on the move. But it may be a surprise to learn that many of the residents in this bustling city don't spend much time foraging in their pockets for change, especially on public transport. (CNN International)
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Tell me if this sounds familiar: You've got many simultaneous projects with competing deadlines. Your contributions are needed and in each case it will cause a big problem if you fail to fulfill your obligations. So you work long hours. You don't hand off tasks to others, ask for deadline extensions, or drop the ball. You don't have much free time. You definitely don't have time to get sick. Luckily, you're healthy, and sickness isn't something you worry about. (Inc.)
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Each year, Black Enterprise, the pre-eminent publication for black entrepreneurship and wealth building, lists its ranking of the top black-owned businesses in the U.S. via the BE 100s, and this year’s no different. (Black Enterprise)
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Got a business concept you know is a winner? NBMBAA's Innovation Whiteboard Challenge gives you the chance to put your pitch to the test by giving you a whiteboard and five minutes to sell your idea to a panel of experts. But to win big, you have to get in the game and that means uploading a 60-second video and your application by July 15.
Find Out More and Submit Your Video Today!

 

It makes some sense that young people might work less than their older counterparts. They are figuring out their lives, going in and out of school and making more short-term plans. But a whopping 5.8 million young people are neither in school nor working. (NPR)
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Developers across the U.S. are reviving a concept that collapsed with the real estate crash in 2008: combining condominiums and hotels. In cities including Miami, New York and Los Angeles, a rebounding hospitality market is joining with rising demand for luxury homes, spurring developers to construct new full-service hotels and ask premium prices for residential units associated with a high-end brand. (Bloomberg)
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As a financial adviser, I have occasionally found myself feeling envious of certain clients. Not because of their wealth – but because they were disciplined and determined enough to do all the right things that enabled them to accumulate their wealth and, in many cases, retire early. Despite my expertise, I, like a lot of people, sometimes struggle not to do the wrong things that make being rich, let alone retiring at all, a pipe dream. (MarketWatch)
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What do you own and what do you owe? To figure out where you stand financially, you need to know your net worth – and yet that number is surprisingly difficult to calculate. (MarketWatch)
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Deciding how to spend a large inheritance isn't as easy as you might think. Heirs who have received big bequests, along with financial planners, share lessons learned. What would you do if you suddenly got $100,000, no strings attached? (Money Magazine)
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Small businesses from Bible bookstores to Halal food producers are likely to challenge government regulations on religious grounds in coming years, thanks to this week’s U.S. Supreme Court decision in Burwell v. Hobby Lobby Stores. But the ruling probably won’t spark a plethora of Affordable Care Act lawsuits from privately held businesses, experts say. (Businessweek)
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Using its own version of open innovation called Connect + Develop, Procter & Gamble is now accessing externally developed intellectual property to accelerate internal innovation. (MIT/Sloan Management Review)
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It’s been 50 years since President Lyndon B. Johnson signed the Civil Rights Act. Since then, the country’s demographics have shifted, and the conversations about race and culture have continued. In this project, journalists, lawyers and civil rights activists explore the historic legislation – pulling the language out of history and telling us how it’s relevant today. (NPR)
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The climate in today’s Washington is so different from the one that produced what many scholars view as the most important law of the 20th century that celebrating the law’s legacy is awkward for Republicans and Democrats alike. Neither party bears much resemblance to its past counterpart, and the bipartisanship that carried the day then is now all but dead. (Politico)
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There’s a lot of conflicting advice out there on giving corrective feedback. If you really need to criticize someone’s work, how should you do it? I dug into our archives for our best, research- and experience-based advice on what to do, and what to avoid. (Harvard Business Review)
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As entrepreneurs, we spend a lot of time honing our leadership style and working tirelessly to ensure our teams are motivated to work with us. There are countless resources to improve on various attributes you utilize both in and out of the office, but there's less information readily available on pitfalls to avoid. (Inc.)
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Why can’t employees speak honestly about their career goals with their managers? It’s because of the reasonable belief that doing so is risky and career-limiting if the employee’s aspirations do not perfectly match up with the manager’s existing views and time horizons. It seems safer to wait until another job offer is in hand, so that if one’s manager reacts badly to one’s ideas, there’s no danger of being passed over for on-going professional development, or worse, left unemployed. (Harvard Business Review)
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Are we losing a more humanistic understanding of the world when we think about relationships, work, and life in terms of costs and benefits, comparative advantage, and ROI? (The Atlantic)
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TV subscription charges: Cable and satellite TV can run you a pretty penny -- especially if you fall prey to companies' cleverly crafted package deals. You really adore the programming on Channel XYZ, but you can only get it if you upgrade to the higher-tier package, which is an extra $20 a month and has dozens of channels you never look at. (Daily Finance)
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