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NetWire arrowsNovember 15, 2012
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Anonymous, throwaway Google accounts aren't so anonymous, it turns out. Neither is a James Bond-like "digital dropbox." Here's a look into the forensics the FBI used to discover David Petraeus's affair and how it could be used to investigate any email account, anywhere. (Fast Company)
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Job-seekers know the paradox of today's economy: Although unemployment is high, corporate executives often complain they can't find the right person to fill their open jobs. That is why Manpower Group, the Milwaukee-based staffing agency, is pushing companies to advertise jobs not only by the experience required, but also by the qualities a candidate would need to succeed in the role – a so-called success profile. (The Wall Street Journal)
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Facebook announced its long-awaited job board this morning, ushering in a new era of online recruiting and, eventually, what’s likely to be an important new source of revenue for the company. (Forbes)
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We'll be off next week for Thanksgiving, so look for the next edition of Netwire to hit your in inbox on Thursday, Nov. 29. Have a great holiday.
 
Novo Nordisk, Inc.
Career
There comes a point in every successful job interview when it's time to talk money. The standard advice to job applicants has long been to play it coy. John Challenger, CEO of outplacement firm Challenger, Gray, and Christmas, urges applicants to "let the employer name a salary first – it may be higher than you expect." (Fortune)
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It seems to me that most organizations spend an inordinate amount of energy on talent acquisition. Finding, attracting and capturing the best talent is central on every organization’s radar. But the value derived from new talent is only realized if the talent can be retained long enough to tap its treasures. (Forbes)
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As the executive coaching industry has grown, so have concerns that some don't have the credentials or experience needed to truly help their clients. Here are a few things to consider before hiring one. (Fortune)
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Take Advantage of Value and Experience: Supercharge Your Career with Year-Round Ntential Coaching from NBMBAA
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Dell Computer Corp.
Diversity in the Workplace
Over the course of their careers, women stand to lose as much as half a million dollars just by failing to negotiate their first job's starting salary. Here's how to make up lost ground. (Fast Company)
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When it comes to the hot, high-profile jobs that lead to big promotions, managers overwhelmingly pick men for such plum roles, according to a new study, released Wednesday. Even when they are equally qualified, women are generally given smaller budgets, fewer direct reports and less exposure to the C-suite than their male counterparts. (Wall Street Journal)
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International
Those looking for good omens about Greece's future in the euro zone will have been heartened by the news last week that the European Central Bank would soon print euro banknotes bearing a new design with the portrait of Europa, the figure of Greek mythology who was abducted by Zeus disguised as a white bull. Would the ECB be issuing new five-euro notes inspired by a Greek foundation-myth if Greece were about to be kicked out of the euro? (The Economist)
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Think the United States is the hub of startup activity? Consider this. A Ghana company won best of 400-some worldwide startups in the 2012 Startup Open, part of the fifth annual Global Entrepreneurship Week sponsored by the Ewing Marion Kauffman Foundation. (Upstart Business Journals)
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Education
The last decade has been a one of soul-searching for business schools worldwide. Since the collapse of Enron, through the financial crisis, to the insider trading and LIBOR scandals, the question just keeps recurring: How did those institutions of higher learning, whose claim is to develop business leaders, influence the conduct of leaders who let so many people down? (Harvard Business Review)
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When District of Columbia Mayor Vincent Gray enlisted a consortium of the city’s business schools to create a five-year economic development strategy for the nation’s capital, the idea seemed more novel than tactical. After all, it was an unusual assignment, especially because 16 first-year MBA students would do much of the fieldwork. (Forbes)
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Coca Cola
NBMBAA
On November 1, 2012, Empowered Ideas was invited to speak to the membership of the RDU Chapter of the National Black MBA Association – recently recognized as the NBMBAA Chapter of the Year. (Empowered Ideas)
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Join the Atlanta Chapter on Monday, Nov. 26, for the November Member Forum at Georgia Power. This event is free and members and non-members are welcome.
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Join the NBMBAA WGC Chapter on Thursday, November 29, for the 4th Annual Leadership Development Summit. This free event is designed for managers seeking to advance within their organization; executives looking to acquire or sharpen their leadership skill; businesses looking to obtain and retain top-performing talent; and individuals trying to re-enter the workforce.
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Northwestern Mutual
Technology
The PC era is ending. More evidence of the monumental shift away from personal computers will come when Dell Inc. reports results later today, and Hewlett-Packard Co. announces its earnings next week. As more consumers and businesses flock to smartphones and tablets, companies led by Hewlett-Packard, Dell and Microsoft Corp. that long benefited from demand for PCs are feeling the pain. (Bloomberg)
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David Petraeus ran the largest, best-funded, most capable intelligence service in the history of the world, but even he failed to learn the lesson learned long ago by small-time mobsters and corner drug dealers: If you want something to remain a secret, stay off the phones and – more important – stay off e-mail. (Bloomberg/Businessweek)
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On Nov. 7, The New York Times ran a story called "How to Devise Passwords That Drive Hackers Away." Written by Silicon Valley correspondent Nicole Perlroth, the piece reigned over the paper’s Most Emailed List for a full week, and for a good reason: It’s properly freaked out about just how vulnerable we all are to hackers. (Wired)
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Consortium For Graduate Study in Management
Entrepreneurship
Carlene O’Garro’s cake business was barely a month old when she arrived at the Samuel Adams brewery in South Boston recently to meet with business counselors, but she brought with her an agenda that hinted at outsize ambitions. (The New York Times)
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Clearly, lots of people are looking for jobs. The unemployment rate is 7.9 percent, which does not take into consideration people with jobs who want a new one. But many companies are strapped for cash, particularly startups just getting off the ground. So we asked some of America's top young entrepreneurs: What's your top tip for recruiting rock-star talent to your brand-new business when salary money is tight? (Upstart Business Journals)
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The Economy
In 1914, Henry Ford introduced the concept of three eight-hour shifts to achieve round-the-clock assembly in an automobile factory. Today we are witnessing the advent of 24-hour knowledge factories. Spreading out across the globe with clusters of three or four facilities, each six to eight hours apart, was an idea first limited to 24-hour call centers and support staff for global communications networks. Now, thanks to more robust information technology and a growing acceptance of offshoring, the concept is feasible for a much broader range of work. (Wall Street Journal)
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The euro zone fell into a recession in July-September, the second since the global financial crisis in 2009, as French resilience could not make up for a slump across Europe and the three-year debt crisis slowed Germany to a crawl. (CNBC)
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Prices change; that's fundamental to how economies work. And yet: In 1886, a bottle of Coke cost a nickel. It was also a nickel in 1900, 1915 and 1930. In fact, 70 years after the first Coke was sold, you could still buy a bottle for a nickel. Three wars, the Great Depression, hundreds of competitors – none of it made any difference for the price of Coke. Why not? (NPR)
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Personal Finance
But you can prepare yourself for the possibility, however remote, that something like what happened to the people of Joplin – or New Orleans, or Northridge, Calif., or New York City and the surrounding areas last month – will happen to you. And one of the easiest steps you can take is to disaster-proof your finances. (The New York Times)
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Thanksgiving is fast approaching, and affordable holiday travel options are fading just as quickly. Last-minute flights can cost up to $200 more than ones booked earlier. And pretty much everyone is paying more than they did last year. Round-trip domestic flights between Nov. 17 and 27 are averaging $386, a 9% increase from last year, according to Travelocity's senior editor Courtney Scott. (CNN/Money)
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Verizon
Corporate America
Pulled from store shelves after a month, the first high-profile wearable activity tracker was a humiliation for Jawbone. Now, the Up is back, and anyone vying for a stake in wearable tech should pay close attention to the product’s resurrection. (Fast Company)
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Is this the end for Twinkies? Hostess Brands said Wednesday that it will go into liquidation unless bakers striking in protest against a new contract imposed in bankruptcy court return to work by the end of the day Thursday. (CNN/Money)
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Building on the early success of Uber, which sought to make hailing a private car service in cities such as New York and Washington as easy as downloading an app, there’s now a similar type of experience, and this one is for private jets. (Washington Post)
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Highmark, Inc
Government
Americans may need to get used to the idea that government will make up a bigger part of our economy in the future, former treasury secretary and Obama economic advisor Larry Summers said Wednesday at the Washington Ideas Forum. At least, they do if they want to keep living in the sort of country they've gotten used to. (The Atlantic)
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The most important element of the "fiscal cliff" is the one politicians seem least interested in doing anything about: the expiration of a payroll tax holiday that’s given a nice lift to the economy at no cost to anyone. (Slate)
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Leadership
Ask 5 people for their opinions on optimizing "span of control" and you’ll likely receive 5 different opinions. These well meaning opinions will often cite a few different rules of thumb on size and composition, and will undoubtedly refer you to someone’s version of best practices. Here’s the problem – they’ll all lead you astray. (Forbes)
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If you work in a global company, you know that leading across cultures requires operating amid ambiguity and complexity, which often calls for a different set of behaviors and competencies. As companies look to promote leaders who have been successful in domestic roles into international assignments, those same competencies that made them successful may no longer apply. So how do companies assess their talent prior to placing someone in a global role? (Right Management)
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Lifestyle
Whoever dubbed the holidays the most wonderful time of year must not have needed to fly home. Still, there are things you can do to protect yourself in case of a major travel disruption, whether caused by an overbooked plane or the next Superstorm Sandy. Here's a look at some commonplace travel setbacks, and how to cope with them. (Money)
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