
Top News
Two closely watched disputes now playing out in the courts are shining a spotlight on tensions between franchise owners and management. The growing rift between franchisees and franchisers – businesses that collectively employ roughly eight million people in the U.S. – follows three consecutive years of declines in the number of U.S. franchises, and as economic pressures prompt people to limit discretionary spending. (Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424052970204136404577211391192172770.html to view the full article online.
When I began writing Passion & Purpose in 2009, I met Susan, a young woman on the brink of quitting her investment banking job to pursue her lifelong passion of starting a nonprofit. A year later, when I asked how her new venture was going, I was surprised to hear that she "couldn't bring herself to quit" in the first place. And when we bumped into each other last week, I found her toiling away in exactly the same role, still dreaming of her nonprofit venture, but now more depressed than ever. (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2012/01/why_you_wont_quit_your_job.html to view the full article online.
Career
When you get the call from a hiring manager about setting up an in-person interview, your chances of sealing the deal skyrocket – from one out of 200 resumes to one out of five or six job candidates. Don’t screw up your chances of landing the gig by doing something not-so-smart that could’ve been avoided easily. Here are seven job interviewer pet peeves that can quickly put you out of the running, with tips on how to steer clear of each one. (Kiplinger's)
Visit http://www.kiplinger.com/slideshow/job-interviewer-pet-peeves-how-to-avoid-them-ryan/1.html to view the full article online.
Diversity in the Workplace
Larry, one of the employees you supervise, hasn't been performing his job up to expectations. But you've been reluctant to take him aside and speak with him candidly: Like most senior people in the company, you are white. What if Larry, who is black, takes your criticism the wrong way or, worse, thinks you are racist? (Time)
Visit http://edition.cnn.com/2012/01/31/opinion/apfelbaum-colorblind/index.html to view the full article online.
Technology
Hard to believe, but it’s been less than five years since the launch of the iPhone. Prior to its explosion in popularity, an ‘application’ was a tool for finding a job, but ask anybody what an application is today, and the first things she thinks of are those helpful little programs we store on our phones and tablets. And according to a new study by Dr. Michael Mandel of South Mountain Economics, this new kind of application is creating a whole bunch jobs for Americans – 446,000 to be exact. (Time)
Visit http://business.time.com/2012/02/08/the-app-economy-estimated-to-contribute-nearly-half-a-million-jobs-to-the-u-s/ to view the full article online.
As part of its deals with several major studios, Netflix agreed to delay the release of many new films – much to the frustration of some subscribers. But analysts say the online video streaming deal between Verizon and Redbox announced Monday may change that by introducing fresh competition into the market. (SmartMoney)
Visit http://blogs.smartmoney.com/advice/2012/02/07/will-verizon-redbox-speed-movie-releases/ to view the full article online.
Entrepreneurship
Anyone who has started a business has his or her own rules and guidelines, so I thought I would add to the memo with my own. My "rules" below aren't just for those founding the companies, but for those who are considering going to work for them, as well. (Entrepreneur)
Visit http://www.entrepreneur.com/article/222524 to view the full article online.
Corporate America
What good is private equity, anyway? As its critics see it, these investment pools make money the wrong way – buying "target companies," slashing jobs, piling on debt and selling the prettied-up remnants, which by then are doomed to fail. To make matters worse, private equity firms get a stunning tax break, paying 15% on profits instead of 35%. (Knowledge@Wharton)
Visit http://knowledge.wharton.upenn.edu/article.cfm?articleid=2939 to view the full article online.
Leadership
The other day I sat with three senior leaders from three different industries. One was the CEO of an international PR and communications firm. One was a partner of a professional services firm, and the other the president of a national not-for-profit. As it often does, our discussion about work and life turned to technology. I asked them how they used their smartphones and laptops to stay connected to work after traditional business hours. (Fast Company)
Visit http://www.fastcompany.com/1814467/4-steps-to-clarify-after-hours-work-expectations-for-employees to view the full article online.
Lifestyle
The writers wore T-shirts showing their tattoos. I'd dressed in Brooks Brothers non-iron French cuffs and a Hugo Boss jacket. It was the dawn of our partnership, one in which they would translate my life into television drama. "So, Marty," one of the writers began. "How much sex did you have . . . in your office?" I revealed the horrible truth: none. (Fast Company)
Visit http://www.fastcompany.com/magazine/162/house-of-lies-consultant to view the full article online.
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