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Black MBA NetWire
arrows January 8, 2016
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Sledding down the hill of holiday gluttony straight into a field of ambitious resolutions can be a jarring adjustment at best. We spend the holidays gorging on fatty treats and neglecting our work, then expect to wake up on New Year's Day and turn over a new leaf to a more disciplined self. But revamping our routines and metabolisms isn't as simple as pushing a reset button. (Fast Company)
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Time-wasting meetings are a top complaint of the business world and apparently, not even the country's hottest tech companies are immune. Facebook, like just about every other organization, apparently struggles to pare down bloated meetings and ensure that as little time as possible is wasted in conference rooms. (Inc.)
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I spent years in various roles related to auditing, international real estate, and tax consulting. And while I was climbing the corporate ladder at different companies, I didn’t always know what I wanted my next step to be. I was unsure of my ultimate career goal, but I made it a point to ensure each move offered a new found skill or experience to add to my resume. (Fortune)
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Regeneron Pharmaceuticals Inc.
Career
Finding a new job is a perennial New Year’s resolution, so it’s no surprise the first week in January is a busy one on job-search websites. But as with many resolutions, it often can take a while to pick up steam. In 2014 and 2015, the first Wednesday in January was the top day of the year for searches on Monster.com, the job board owned by Monster Worldwide Inc. (The Wall Street Journal)
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Changing jobs every couple of years used to look bad on a resume. It told recruiters you can’t hold down a job, can’t get along with colleagues, or that you’re simply disloyal and can't commit. That stigma is fast becoming antiquated – especially as millennials rise in the workplace with expectations to continuously learn, develop, and advance in their careers. (Fast Company)
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Cheat Sheet, a regular series, demystifies the hiring process at some of the most competitive jobs. This week, a perfect grade-point average from Harvard doesn't mean much to Southwest Airlines unless you have a sparkling personality to boot. (Bloomberg)
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If you want to land an MBA job in the digital age, you need a polished online presence. Or so says John Reed, senior executive director at Robert Half Technology, the S&P 500 recruitment firm. Big data and people analytics have reshaped recruitment. These days, hiring managers scour online databases like LinkedIn to find talent. (BusinessBecause)
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Lincoln Financial Group
Diversity in the Workplace
University of Missouri President Tim Wolfe’s ouster and similar stories underscore how the ability to discuss race and racism is vital to being a leader today. While such dialogues can provoke anxiety or discomfort and can be difficult to navigate, they are essential — and beneficial — even before an incident occurs. (Harvard Buisness Review)
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International
When President Xi Jinping of China convened a group of top officials to discuss the economy last month, the highly publicized meeting was seen as a moment of triumph. A stock market plunge last summer, and a messy currency devaluation that followed, had faded from global view. In the relative calm, he seemed to usher in a new era of economic management, promising policy coordination at the highest levels to prevent another bout of turmoil. (The New York Times)
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You can only defy financial gravity for so long. At some point, what went up for no reason must come down for a very good one, no matter what the government does to try to keep it aloft. Which is to say that it was another disastrous day for Chinese stocks.(The Washington Post)
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U.S. Department Of State
Education
Eight years after business school, black, Hispanic, and American Indian MBAs reap smaller salaries than their White and Asian classmates. (Bloomberg)
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The number of colleges and universities subject to increased financial oversight by the federal government rose to 540 in December from 499 three months earlier, according to an updated list posted to the U.S. Department of Education’s website last month. (The Wall Street Journal)
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NBMBAA
The National Black MBA Association Annual Conference offers graduate business students from the nation’s leading business schools the opportunity for professional development and job recruitment events. During the conference, students can compete in the National Black Case Competition, in which they present their analysis of real business cases to judges who range from senior-level executives to representatives from top business schools. (The University of St. Thomas)
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Northwestern Mutual
Technology
Is it possible to charge your phone from 0% to 100% in less than a minute? Yes. I just saw it happen. But you'll need to put a special battery in your phone, drill holes through the case directly into the battery, put copper connectors in the holes and get a specialized 200 amp charger. (CNN Money)
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The International CES show debuts hundreds of new products. Our experts have hand-selected the best of show to bring you the CES 2016 Editors’ Choice award winners. (USA Today)
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The Economy
Employers capped last year with impressive job growth in December, the latest sign of a stable U.S. economy despite international headwinds that have worsened since 2016 began. Nonfarm payrolls increased a seasonally adjusted 292,000 in December, the Labor Department said Friday. (The Wall Street Journal)
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The stock market opened 2016 with a giant thud, with the Dow Jones Industrial Average falling 276 points on the very first trading day. Chinese stocks were down nearly 7 percent. European stocks fell, too. It was exactly the kind of day ordinary investors needed to be reminded to sit tight, to not do anything different from what they would have done. (The Atlantic)
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Personal Finance
The impulse when the stock market falls hard for a few days in a row is to do something. Anything. Our life savings are often on the line, after all. But that’s the idea: Stocks are most useful for long-term goals. So unless those goals have changed in the last few days, it probably doesn’t make much sense to overhaul an investment strategy based on a blip of market activity. (The New York Times)
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Managing your money should be pretty straightforward, but that doesn’t make the task all that easy. That’s the biggest takeaway from the handful of simple financial instruction lists making the rounds among the New Year’s resolution set. (The New York Times)
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Corporate America
It’s hard being the in-between boss. The temporary chief executives of Valeant Pharmaceuticals International Inc. and United Continental Holdings Inc. are currently getting a taste of the challenge while the firms’ full-time leaders are undergoing medical treatment. (The Wall Street Journal)
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Many business travelers loathe business travel, and for the most part, the hotels they’re staying in are not helping. A 2012 Carlson Wagonlit Travel survey of 6,000 business travelers reported that hotels were responsible for four of the top 10 stress-producers among corporate road warriors. (Harvard Business Review)
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Government
When Exxon Mobil, GE, Intel, and others pushed for the education standards, they incurred the wrath of Tea Party conservatives and got a painful lesson in modern politics. (Fortune)
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Leadership
Do you have the personal qualities you need to be an effective leader in the coming decades? Even if you've been successful so far, the answer may be no. The aggressive personality and hard-driving skill set that got so many leaders to the top in past years won't keep working in the future. (Inc.)
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Empathy. To many, the word carries a negative connotation. It is too emotional and "touchy-feely" to take a rightful place in business vernacular alongside strong testosterone-laden words like incentivize, actionable, and ROI. But research suggests it’s time to rethink empathy’s critical role in business. (Fortune)
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