Top News
Being unhappy at work is such a cliché, and unfortunately for companies it also looks like an expensive one. Research on worker happiness has linked it to 12 percent more productivity, and businesses with happy employees beat their peers by 3.8 percent in the stock market. A Gallup report tallies up the cost of unhappy, disengaged employees to the U.S. economy at $350 billion annually due to lost productivity. (The Atlantic)
Visit http://www.theatlantic.com/business/archive/2014/11/why-do-workers-feel-so-unhappy/382288/ to view the full article online.
|
Career
You hear a lot of advice about how to reduce stress at work. But most of it is about what to do over the long term – take up yoga, eat a healthy diet, keep a journal, or get more sleep. But what do you do when you’re overcome with stress in the moment – at your desk, say, or in a meeting? Perhaps you’ve heard bad news from a client or were assigned yet another project. How can you regain control? (Harvard Business Review)
Visit http://blogs.hbr.org/2014/11/how-to-handle-stress-in-the-moment/ to view the full article online.
|
By now you’ve probably heard the cardinal rule of networking a million times: If you want to make a killer impression, you need to know exactly what to say when you meet someone new. And we’ll bet that’s why you’ve spent hours brushing up on answers to common yet surprisingly tough questions like, "Tell me about yourself!" An equally important networking commandment you may not have considered? Letting your perfectly crafted elevator pitch devolve into a 10-minute monologue is a big turnoff. (Fast Company)
Visit http://www.fastcompany.com/3038052/follow-the-80-20-rule-to-not-be-an-annoying-networker to view the full article online.
|
Diversity in the Workplace
International
Hundreds of companies have saved billions of dollars in tax thanks to deals with a small country at the heart of the European Union. A report by the International Consortium of Investigative Journalists, representing a team of 80 from 26 countries, claims that companies such as Pepsi (PEP) and AIG (AIG) obtained assurances from Luxembourg that plans to minimize tax would be viewed favorably by officials. (CNN/Money)
Visit http://money.cnn.com/2014/11/06/news/companies/luxembourg-tax-haven/index.html?iid=Lead to view the full article online.
|
Education
B-school students can’t get enough of big data. Neither can recruiters. Interest in specialized, one-year master’s programs in business analytics, the discipline of using data to explore and solve business problems, has increased lately, prompting at least five business schools to roll out stand-alone programs in the past two years. (The Wall Street Journal)
Visit http://online.wsj.com/articles/big-data-gets-master-treatment-at-b-schools-1415226291 to view the full article online.
|
NBMBAA
KeyBank and The Ohio State University Fisher College of Business have announced the 11th Annual Minority MBA Student Case Competition, February 27-March 1, 2015 in Cleveland, OH. Ream registration is open now through December 19.
Save the Date
Learn More...
|
What is the most courageous thing you will do today? I ask myself this every morning. Sometimes I forget, and sometimes I just can’t muster the guts to really push myself, but many (even most) days I do. And when I do, it makes all the difference.In my practice working with organizational leaders and teams to Put Courage to Work, I find that it is rare that people don’t have the skills, or talent or smarts to get the job done. (Albany Times Union)
Visit http://blog.timesunion.com/momsatwork/what-is-the-most-courageous-thing-you-will-do-today/2771/ to view the full article online.
|
Technology
A trio of leading US MBA programs have graduated students into the technology sector in huge numbers, according to new 2014 employment data which mirrors a wider trend in business education recruitment. At Michigan’s Ross School of Business Amazon hired a record 27 MBA graduates, twice as many as last year. The e-commerce giant surpassed Deloitte, the consultancy, Ross’ typical biggest recruiter. (Business Because)
Visit http://www.businessbecause.com/news/mba-careers/2893/mba-students-career-shift-to-technology-gathers-pace to view the full article online.
|
Entrepreneurship
San Francisco. It’s gotten that you can’t swing a corporate-logo-splashed swag bag in this town without hitting someone working on a startup. Since around the time of Facebook’s IPO in 2012, but most intensely following the social media behemoth’s multi-billion-dollar acquisitions of WhatsApp and Oculus VR earlier this year, San Francisco has thrummed – and occasionally shuddered – with startup fever. Everywhere you go, the conversations you overhear are about runways and burn rates; Uber and Lyft drivers unspool elevator pitches at their passengers. (Fast Company)
Visit http://www.fastcompany.com/3037987/innovation-agents/the-geniuses-behind-all-those-san-francisco-startups-theyre-not-who-you-th to view the full article online.
|
The Economy
It's hard to believe, but there was a time when wealth was growing faster for the bottom 90 percent than for the top percentile in the United States. This remarkable period in American history was called... the twentieth century. Between 1929 and 1986, the bottom 90 percent saw its wealth grow at real annual rate of 3 percent, compared with 0.3 percent for the top percentile, according to new research released last month. (The Atlantic)
Visit http://www.theatlantic.com/business/archive/2014/11/save-more-money-everyone/382306/ to view the full article online.
|
Personal Finance
Saving money is tough. So it’s no surprise that we come up with all sorts of reasons we just can’t save as much as we should. But are these legitimate excuses, or rationalizations? To see, I checked out the section of BlackRock’s 2014 U.S. Investor Pulse Survey that deals with reasons people find it difficult to save scrutiny. (Money)
Visit http://time.com/money/3556364/retirement-saving-excuses-dont-hold-up/ to view the full article online.
|
Professional Development
This month, you’ll find a series of big data-themed MOOCs. To learn the basics, you can enroll in the University of Texas’ "Foundations of Data Analysis," which provides an undergraduate grounding in statistics coupled with modeling basics. From there, the Eindhoven University of Technology takes it a step further with "Process Mining: Data Science in Action," taught by Wil van der Aalst, one of the most cited scholars in information technology. (Poets & Quants)
Visit http://poetsandquants.com/2014/10/30/essential-mooc-courses-in-business/ to view the full article online.
|
Corporate America
It’s been almost one month since the 2014 Fortune Most Powerful Women Summit, and as I think about the questions and topics that really resonated, I keep returning to a panel I moderated on ‘The New Emerging Workforce.’ The three women on the stage – Mellody Hobson, President of Ariel Investments; Gisele Ruiz, EVP and COO at Wal-Mart North America; and Wendy Kopp, founder of Teach for America – are young women themselves, although Generation Xers rather than millennials. (Fortune)
Visit http://fortune.com/2014/11/06/millennial-talent/ to view the full article online.
|
A generation ago, many companies offered a straightforward career ladder. If you performed well, you could count on a steady climb in salary, job title, and responsibilities until receiving a gold watch for 25 years of loyal service. Today, organizations freely reassign and fire employees as needed. Management ranks that were clogged with Baby Boomers before the Great Recession are now even less likely to see turnover, as the organization’s oldest employees seek to rebuild their retirement savings. (Fortune)
Visit http://fortune.com/2014/11/05/career-advancement-advice/ to view the full article online.
|
Government
Few expected the Democrats to be victorious in this year’s midterm elections, but even fewer predicted such a blood bath. Propelled by economic frustration, fledgling voter turnout and outright disdain for President Obama, Republicans successfully seized seven Democratic U.S. Senate seats to gain control of the Senate for the first time since 2006. On top of expected victories in states such as Montana, West Virginia, South Dakota and Arkansas, it was upsets in North Carolina, Virginia, Colorado and Georgia that pushed Republicans to the biggest political landslide since 1994. (DiversityInc)
Visit http://www.diversityinc.com/news/election-roundup-happened-matters/ to view the full article online.
|
While it’s clear that the Republican Party won big on Tuesday night, the election wasn’t a win for either party in terms of convincing the American public that they have the answers for what ails us. What’s worrying Americans most? The economy. In exit polls, 7 in 10 Americans said they were "concerned" about economic conditions in America. (Fortune)
Visit http://fortune.com/2014/11/05/elections-economy-gold/ to view the full article online.
|
Leadership
The odds are pretty low that you’ll like everyone you have to manage. And while you may think that disliking an employee or two isn’t something to be concerned about (after all, making friends isn’t the point of being a manager), it can actually interfere with your job. A caring manager is key to employee engagement. When you have negative feelings toward an employee, chances are that person will feel less motivated. That disengagement can, in turn, affect your entire team and the outcome of important projects – which ultimately reflects badly upon you. (Harvard Business Review)
Visit http://blogs.hbr.org/2014/11/how-to-motivate-someone-you-dont-like/ to view the full article online.
|
Brad Smith, P90X fan and CEO of software company Intuit, said there were two moments when he knew he was a leader. "First, it hit me coming up through karate," said Smith, who has a black belt. "When you hit a brown belt, you become a student-teacher. At that moment, it shifted my mind. It became about teaching others and the capabilities in others. I was as responsible for their progression as I was my own. That really let me know I love management and leadership." (ABC News)
Visit http://abcnews.go.com/Business/suite-insider-intuit-ceo-leadership-home/story?id=26684916 to view the full article online.
|
Do you know what makes a remarkable leader remarkable? In today's highly technical and globally competitive business world, it might seem that remarkable leaders need to have a heightened understanding and appreciation of technology, multi-national cultures, and global business trends. While all of these are important and incredibly useful, separating yourself as a remarkable leader simply comes down to better executing a few traditional leadership characteristics. (Entrepreneur)
Visit http://www.entrepreneur.com/article/239219 to view the full article online.
|
|