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The NBMBAA® 34th Annual Conference & Exposition is 19 days away, September 25-29 in Indianapolis! Visit the Conference website for our new Pre-Conference Planning Guide and get all the information on why Conference is for you, what you get for your registration, costs, hotels, programs and more! But time is running out, so don't delay!
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Career
Chris Gentile was managing the design and engineering for advanced nuclear plants when his brothers asked him to help them with a different kind of engineering challenge: how to mass-produce holograms for use in toys. That challenge – which he solved, by the way, to thrill of millions of action-figure fans – reset his career’s course. (Fast Company)
Visit http://www.fastcompany.com/3001044/4-steps-breakthrough-ideas to view the full article online.
In the first two articles in this series, I outlined the physical and mental benefits of meditation, explaining how the practice will help you better navigate the MBA-application process and become a better leader. I’ve saved perhaps the best for last: the "touchy feely" benefits of meditation, which I contend are more important than you may think. While highly educated, hard-driving business professionals often hold "hard" skills – such as financial modeling, statistics, research, and strategy – in greater esteem than emotionally oriented "soft" skills such as listening, empathizing, and working with conflict, the truth is that EQ (emotional intelligence) competency is highly correlated with professional success at the top. (Poets & Quants)
Visit http://poetsandquants.com/2012/09/01/meditation-for-mbas-train-your-mind-improve-your-game-part-iii/ to view the full article online.
Diversity in the Workplace
"Did you see this?" Kumkum Bhatnagar asked incredulously. She held up a printout of an article by Will Sonenberg, the CEO of GlobeBank. It had appeared in a special online supplement of Businessweek on the subject of diversity, and it concerned the company's efforts to increase female and minority representation in management. Charles Begley, GlobeBank's managing director of diversity recruiting, was already reading it onscreen, dumbfounded. (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2012/09/case_study_how_hard_should_you_push_diversity.html to view the full article online.
International
After working six years as a senior executive for a multinational payroll-processing company in Barcelona, Spain, Mr. Vildosola is cutting his professional and financial ties with his troubled homeland. He has moved his family to a village near Cambridge, England, where he will take the reins at a small software company, and he has transferred his savings from Spanish banks to British banks. (The New York Times)
Visit http://www.nytimes.com/2012/09/04/business/global/money-and-people-leave-spain-as-economic-gloom-deepens.html to view the full article online.
European Central Bank president Mario Draghi outlined the details of a plan to buy euro area government bonds, reiterating his pledge to do "whatever it takes" to preserve the euro. Following a meeting of top ECB officials in Frankfurt on Thursday, Draghi said the ECB is prepared to make "outright monetary transactions," or OMTs, in the secondary bond market. (CNN/Money)
Visit http://www.money.cnn.com/2012/09/06/investing/ecb-draghi/index.html?iid=Lead to view the full article online.
Education
The classroom experiment serves as one lesson in the pitfalls of the scientific method: It often seems to distract us from considering the full implications of our calculations. The point isn’t that it’s necessarily immoral to fire an employee – Milton Friedman famously claimed that the sole purpose of a company is indeed to maximize profits – but rather that the students who were encouraged to think of the decision to fire someone as an algebra problem didn’t seem to think about the employees at all. (Slate)
Visit http://www.slate.com/articles/business/the_dismal_science/2012/09/business_school_and_ethics_can_we_train_mbas_to_do_the_right_thing_.html to view the full article online.
NBMBAA
Join the Indy Chapter for an amazing welcome event as they Showcase Indy, Wednesday, September 26, following the Welcome Reception at the 34th Annual Conference. Kick off your event with an night of networking with friends and colleagues at the Indiana History Center. Tickets are required and space is limited, so click the link below to secure yours today!
Visit http://showcaseindy2012.eventbrite.com/ to view the full article online.
Technology
Your cellphone is a tracking device collecting a lot more information about you than you may think, says ProPublica investigative reporter Peter Maass. "They are collecting where we are – not just at one particular moment in the day, but at virtually every moment of the day," Maass tells Fresh Air's Dave Davies. "They are also taking note of what we are buying, how we're purchasing it, how often we're purchasing it." (NPR)
Visit http://www.npr.org/2012/09/06/160627856/why-your-cell-phone-could-be-called-a-tracker to view the full article online.
Entrepreneurship
The days are getting shorter, geese are flying in formation, and the fall seasonal microbrews are on tap. It's back-to-school time, and as children head back to the classroom and young adults set off for university, I would challenge us all to get in the spirit with a fall reading list. (Inc.)
Visit http://www.inc.com/curt-richardson/the-entrepreneurs-fall-reading-list.html to view the full article online.
The Economy
A few years ago, Peter Frew came to New York with an important professional skill. He was one of maybe a few dozen people in the U.S. who could construct a true bespoke suit. Frew, who apprenticed with a Savile Row tailor, can – all by himself, and almost all by hand – create a pattern, cut fabric and expertly construct a suit that, for about $4,000, perfectly molds to its owner’s body. (The New York Times)
Visit http://www.nytimes.com/2012/09/09/magazine/whats-a-4000-suit-worth.html to view the full article online.
Personal Finance
This much we know: College pays. You can lose your house to foreclosure, but never your education. Four-year college graduates’ pay advantage over high school grads has doubled over the past 30 years. If money for tuition is tight, the advice goes, borrow what you need. Students have been listening. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/articles/2012-09-06/student-loans-debt-for-life#r=hpt-ls to view the full article online.
Professional Development
No matter what your line of work, it’s only getting harder to avoid death by PowerPoint. Since Microsoft launched the slide show program 22 years ago, it’s been installed on no fewer than 1 billion computers; an estimated 350 PowerPoint presentations are given each second across the globe; the software’s users continue to prove that no field of human endeavor can defy its facility for reducing complexity and nuance to bullet points and big ideas to tacky clip art. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/articles/2012-08-30/death-to-powerpoint#r=read to view the full article online.
Government
The financial services community swooned for President Obama four years ago and opened its collective wallet to offer him more than $16 million in campaign cash. This cycle its well-heeled members have ponied up far less for the president – contributions to the Obama campaign have barely reached $4 million, according to the Center for Responsive Politics – and many who backed the president last time say they don't plan to again. (The Atlantic)
Visit http://www.theatlantic.com/business/archive/2012/09/this-guy-hates-us-why-wall-street-turned-against-obama/261936/ to view the full article online.
Charlotte, N.C., host of the 2012 Democratic National Convention, is the nation's biggest financial center outside of New York. But Charlotte and surrounding Mecklenburg County have the highest foreclosure rates in the state, and many thousands of homeowners owe more on their homes than the properties are worth. (NPR)
Visit http://www.npr.org/2012/09/05/160607586/democratic-convention-draws-troubled-homeowners to view the full article online.
Leadership
Let's get this out of the way. By "leaders," I'm not referring to the guy who doubles the stock price in six months or the gal who coerces local officials into approving incredibly generous tax breaks and incentives. Those are examples of leadership – but those are examples of leadership that tends to be situational and often short-lived. (Inc.)
Visit http://www.inc.com/jeff-haden/how-great-leaders-inspire-employees.html to view the full article online.
Lifestyle
This is a question I spend a lot of time turning over. To be clear, the other magazine was The New Yorker, which, I think, has two black writers on staff. I can't think of a black woman who's regularly publishing long-form magazine articles. I can think of a few other African Americans who freelance regularly (Howard French over here, or Gwen Ifill's Obama profiles at Essence, for instance) but the depressing fact is that there just aren't that many of us. (The Atlantic)
Visit http://www.theatlantic.com/national/archive/2012/09/the-economics-of-magazines-and-diversity/261597/ to view the full article online.
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