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NetWire arrowsJune 28, 2012
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A divided Supreme Court largely upheld the constitutionality of the Obama administration's health-care law, in one of the most anticipated high-court rulings in a generation. It upheld the mandate as a tax, in an opinion by Chief Justice John Roberts. (Wall Street Journal)
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The Supreme Court’s decision to uphold the key provisions of President Obama’s Affordable Care Act will benefit two groups the most, experts say: older Americans and the self-employed. The court found the individual mandate, the requirement that all Americans purchase health insurance, is constitutional. (SmartMoney)
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Four months after reaching a bipartisan agreement to extend a payroll tax cut through 2012, U.S. lawmakers and President Barack Obama are showing little fervor for continuing the break, which puts about $1,000 a year in an average worker’s pocket. (Bloomberg)
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At the most recent meeting of the She Owns It business group, the members followed up on issues raised in previous posts. The conversation then turned to the challenges of hiring, including where to find the best candidates: LinkedIn? Craigslist? Dog parks? (The New York Times)
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Dell Computer Corp.
Career
As the final shareholder votes on executive pay round out this year's proxy season, companies are already fighting on another pay-related front. At issue is a rule that could force them to disclose the gap between what they pay their CEO and their median pay for employees, a potentially embarrassing figure that many companies would like to keep private. (Wall Street Journal)
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Though it's likely to be 2014 before the economy picks up enough steam for robust job creation – in the neighborhood of 250,000 a month – it's worth looking now at what kind of jobs employers will be looking to fill. (Kiplinger's)
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MBA students are still anxious to join the finance industry and more willing to consider jobs at boutique advisory firms and middle market investment banks, according to a new survey. (FINS Finance)
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Life Technologies
Diversity in the Workplace
It’s time to stop fooling ourselves, says a woman who left a position of power: the women who have managed to be both mothers and top professionals are superhuman, rich, or self-employed. If we truly believe in equal opportunity for all women, here’s what has to change. (The Atlantic)
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The July/August cover story of the Atlantic, "Why Women Still Can't Have It All" by Anne-Marie Slaughter, has ignited a firestorm. One side accepts the author's argument: that feminism has set women up to fail by pretending they can have a high-powered career and still be an involved mother. The other side accuses Slaughter, who left her job as the first female director of policy planning at the State Department, of setting women back by telling them to "rediscover the pursuit of happiness," starting at home. (CNN)
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International
The longer the euro area’s debt crisis drags on, the more it resembles an instrument of economic torture. Like the medieval rack, every turn of the crisis tears Europe further apart. This week Cyprus announced it would seek a bail-out. Spain formally asked for money to recapitalize its banks. The Greek limb is close to being ripped off. How long can the Italian one hold? (The Economist)
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China’s ways of doing business are becoming more Westernized. But non-Chinese executives still must work hard at building trust in relationships with their Chinese business partners. (MIT/Sloan Management Review)
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Education
Back when Peter Aranda was an undergraduate, he was determined to earn an MBA. He just didn’t know how to swing it financially, said Aranda, now the CEO of the St. Louis-based Consortium for Graduate Study in Management. (St. Louis American)
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The internationalization of business education is nothing new. Case studies featuring foreign companies are taken for granted in MBA programs. Study-abroad opportunities are everywhere, and at some institutions, global consulting projects are practically a requirement. But business schools still don’t go far enough. As more graduates pursue careers abroad, international curricula need to evolve as well. (The Chronicle of Higher Education)
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While parents and high school seniors are pretty savvy about researching the university as a whole and even its majors, they might not have had the chance to study the particulars of the business school, so some of what they experience will be news to them. Here are five aspects of undergraduate business programs that incoming freshmen might not expect. (Bloomberg/Businessweek)
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Naylor, LLC
NBMBAA
Registration and housing is now open for the 34th Annual NBMBAA Conference & Exposition, September 25-29 in Indianapolis. Take advantage of early bird discounts and first choice on sessions and hotels by registering today!
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Visit the 2012 Conference Site
 
Northwestern Mutual
Technology
A cash-strapped state agency gets around budget shortfall by requiring employees to use their own smartphones, laptops and tablets for work without even reimbursing them. (ZDNet)
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The nation’s major mobile carriers have amassed a treasure trove of sensitive data on their customers that they share with police and advertisers – but keep hidden from the consumers themselves. (Wired)
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I have to admit, I didn’t expect this to be a question. The iPad is here, now, and we all know what it is in excruciating detail. On the other hand, the Microsoft Surface tablets are neither here, nor do we know much about them. We don’t know price, availability date, or even how long the battery will last. (ZDNet)
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Entrepreneurship
Congratulations! You've finally landed a one-on-one meeting with a top exec, a powerful player inside your customer's firm. It's a great opportunity, but executives are busy people and you've got to be certain to take advantage of it. (Inc.)
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This new part of the economy – people using collaborative consumption platforms to become entrepreneurs – is growing. What is inspiring these new business people? (Fast Company)
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Northern Arkansas isn't just the home of the world's largest retailer. It's the home of an array of cutting-edge retail and tech companies that got their start in part because Walmart is here. (Fast Company)
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The Economy
For months now, New York officials have been highlighting how the city has regained all the jobs lost during the long recession and then some. But by several measures, the city’s recovery has left black New Yorkers behind. (The New York Times)
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The jobs number, which only the most die-hard econonerds (including me) used to care about, is supposed to tell us how the economy is doing. Now, though, it is doing something much more complicated. The report on past job performance has morphed into a driver of future job performance, essentially mucking up the thing it’s measuring. (The New York Times)
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Personal Finance
Fed up with "gotcha" fees, people are ditching their banks in record numbers. How to tackle the maddening process of moving your money. (SmartMoney)
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When Matt Jabs compared the interest rates on his three credit cards and auto loan with those offered through a popular peer-to-peer lending site, it was a no-brainer to use the service. "All were at a higher interest than the interest rate through Lending Club," he said. "It also simplified my repayments." (Fox Business)
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Corporate America
Note to marketers: Television advertising is not postracial. That’s the message that a newly formed consortium of the country’s largest African-American media outlets wants to send to marketers, who have largely shunned black media in favor of placing ads on general outlets. (The New York Times)
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The rapid growth of data creates new opportunities for smart analytics and improved customer service – but only if IT and business management can work together. (MIT/Sloan Management Review)
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Government
The White House is quietly nosing into the debate over how to manage the epic pile-up of spending cuts and tax-rate hikes set to deliver a gut-punch to the economy at the end of the year. (Fortune)
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The 9 largest super PAC donors have collectively donated over $60 million to various political causes. Who are these guys? (CNN/Money)
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Leadership
The greatest creative work exists on the edge of what was thought to be possible. Sometimes that means coming up with something that, for one reason or another, completely fails. (Fortune)
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Innovation can be stifled – even snuffed out – by normal business processes. For example, once I was appointed to help a company brainstorm better ways to get work done, but had the unfortunate timing of working with them in the thick of their budgeting process. (Harvard Business Review)
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Lifestyle
Or maybe it's a Badoo for jobs. Or a Facebook timeline for the future. In any case, meet Rob Symington, whose site is definitely for people who know they want to do something else with their lives – but aren't sure what. (Fast Company)
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Booking a vacation today isn’t the same as it was 20 years ago. Aside from the obvious differences (hello, Internet!), the rules for planning and paying for a vacation have undergone huge transformations. These days, the cash-strapped couple who wants to go on a cruise can pay for it in bits and pieces, and daring globetrotters can have their next adventure booked without even knowing the destination. (Fox Business)
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