
Top News
Trying to be more productive? An explosion in technology aimed at helping people manage their time and tasks may actually be making it harder. New productivity products "have skyrocketed in the last couple of years. There is way too much out there to make sense of it all," says Whitson Gordon of Los Angeles, editor in chief of Lifehacker, a website on using technology to be more productive. (The Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424127887323375204578272012050234942.html to view the full article online.
Some people have a knack for creativity. They spark ideas all the time. Unfortunately, that’s not me. I keep running lists on my iPhone, on Google Drive, in journals, and on fluorescent Post-it Notes to capture ideas for my business, my family – and even this column. And for some bizarre reason the best ideas pop into my head while I'm drying my hair, applying makeup, driving, or exercising. (Inc.)
Visit http://www.inc.com/rene-siegel/how-to-spark-a-great-idea-five-steps.html to view the full article online.
Career
Office workers have grown accustomed to knowing the intimate details of each other's lives – from a colleague's favorite cat video to a boss's vacation fiasco. Now a small but growing number of private-sector firms are letting employees in on closely held company secrets: revealing details of company financials, staff performance reviews, even individual pay – and in doing so, walking a tightrope between information and TMI, or too much information. (The Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424127887323644904578272034121941000.html to view the full article online.
Business life has always been about connections. Business leaders spend decades building and cultivating those relationships. They cherish their networks because they know it's their most valuable asset. And they're not about to do anything stupid to jeopardize them. Unfortunately, you may be doing just that. If your networking strategy is simply to grow it, then you're likely doing more harm than good. Contrary to popular wisdom, bigger networks are not necessarily better networks. There are pitfalls I see too many of you falling into, these days. (Inc.)
Visit http://www.inc.com/steve-tobak/4-ways-to-make-your-network-work-for-you.html to view the full article online.
Diversity in the Workplace
The rapid growth in emerging markets over the past decade has made them fertile ground for the development of new approaches to attracting and managing talent. Among the biggest beneficiaries: Ambitious, educated women in Brazil, Russia, India, and China (BRIC). Following the trend in developed nations, BRIC women are graduating from university at rates equal to or exceeding men. (CNN International)
Visit http://edition.cnn.com/2013/01/24/business/bric-women-oped/index.html?hpt=ibu_bn3 to view the full article online.
International
The crisis mood is gone, but that doesn't mean you can slip back into your old ways – that weas the message from top international finance officials as they wrapped up the World Economic Forum in Davos, Switzerland. They warned governments last week against letting their relief over an improved economic climate turn into complacency over reforms many want to see in order to sustain a still-uncertain recovery. (Huffington Post)
Visit http://www.huffingtonpost.com/2013/01/26/davos-2013-economists-war_n_2559186.html?utm_hp_ref=business to view the full article online.
Education
Harvard Business School has more in common with capital than labor. It is, after all, the school that launched thousands of executive ships, including those of Jamie Dimon at JPMorgan Chase, Jeffrey Immelt at General Electric, and Meg Whitman at Hewlett-Packard. But when the world’s capitalists-in-waiting convene at the B-school mecca in September, they’ll have a "traitor" in their midst: Domonique Foxworth, the president of the NFL Players Association and former cornerback for the Baltimore Ravens. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/articles/2013-01-30/harvard-bound-nfl-union-chief-domonique-foxworth#r=nav-fs to view the full article online.
NBMBAA
Last week, the new Boston Chapter NBMBAA President Gary Morton convened a Leadership Retreat for more than 40 members with the temperature outside at a brisk 15 degrees. He was ably assisted and supported by newly elected Vice President of Operations George Best. Gary was a high school member of the Boston Leaders of Tomorrow Program in 1992. Now he has two masters degrees, is married with two children, is a real estate developer, and a director at Liberty Mutual. Read his words to the Boston Chapter.
Visit https://www.naylornetwork.com/nbm-netwire/articles/index-v2.asp?aid=205329&issueID=27861 to view the full article online.
The local chapter of the Black MBA Association is raising its profile and efforts to help minority-owned businesses. The National Black MBA Association of Western New York is about 30 years old and focuses on assisting and strengthening African-American businesses. The chapter has about 200 members and covers a broad area, including all of Western New York, plus Rochester, Syracuse, Corning and Ithaca. (Buffalo News)
Visit http://www.buffalonews.com/apps/pbcs.dll/article?AID=/20130127/BUSINESS/130129263/1005 to view the full article online.
During my first semester of the Tulane MBA program I traveled to Indianapolis with several of my classmates to attend the National Black MBA Association Conference. This annual event allows MBA students from all over the country to connect and interview with a variety of companies and organizations that hire MBA graduates every year. (Tulane MBA)
Visit http://tulanemba.org/2013/01/21/national-black-mba-association/ to view the full article online.
Carrington & Carrington, Ltd. (CCL), a retained, diversity-focused, executive search firm, is proud to have been selected to identify the new President and CEO for the National Black MBA Association, one of the most significant professional associations in the nation. The NBMBAA and CCL have been linked for more than 30 years, which makes it more gratifying that we have been selected to search for the President and CEO at such a critical time in its history.
Visit https://www.nbmbaa.org/DOCS/2013NBMBAA_Announcement.pdf to view the full article online.
Technology
Apple Inc. debuted an iPad with twice the memory of existing models, offering users more space to store movies, videos and books amid mounting competition in the tablet market. The new iPad with 128 gigabytes of storage will be available starting Feb. 5, priced at $799 for a Wi-Fi version and $929 for a device that also offers a cellular connection, Cupertino, California-based Apple said Wednesday in a statement. (Bloomberg)
Visit http://www.bloomberg.com/news/2013-01-29/apple-unveils-ipad-model-with-128-gigabytes-and-retina-display.html to view the full article online.
Entrepreneurship
Across cultures, dining together is a common part of the process of reaching negotiated agreements. In Russia and Japan, important business dealings are conducted almost exclusively while dining and drinking and in the U.S., many negotiations begin with "Let's do lunch." But are business deals actually improved when people discuss important matters over a meal? (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2013/01/should_you_eat_while_you_negot.html to view the full article online.
The Economy
In his inaugural address, President Obama talked about a country where even "a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else." But in reality, that's not always the case. A new report finds that one of the biggest obstacles for many Americans is that they don't have the savings or assets they need to help them get ahead. (NPR)
Visit http://www.npr.org/2013/01/30/170561872/study-nearly-half-in-u-s-lack-financial-safety-net to view the full article online.
Mortgage rates today are very low, but U.S. borrowers have a very short memory. They forget that the rate on the 30-year fixed, which sits around 3.6 percent today, was a full percentage point higher a year ago, and above 5 percent in January of 2010. The purchasing power gained through today's low rates have arguably helped fuel the recovery in home sales. Low rates have also sparked a boom in mortgage refinancing, which in turn has put more spending money in consumers' pockets. Still, the slightest move higher has dramatic effects. (CNBC)
Visit http://www.cnbc.com/id/100420382 to view the full article online.
This paper presents new survey evidence on workers’ response to the 2011 payroll tax cuts. While workers intended to spend 10 to 18 percent of their tax-cut income, they reported actually spending 28 to 43 percent of the funds. This is higher than estimates from studies of recent tax cuts, and arguably a consequence of the design of the 2011 tax cuts. (New York Federal Reserve)
Visit http://www.newyorkfed.org/research/staff_reports/sr592.pdf to view the full article online.
Personal Finance
With your airline ticket, would you like to add "Ascend" or "Lift?" Perhaps you prefer "Choice Seats" or "Choice Plus?" Or maybe you're a "Main Cabin Select," "Main Cabin Extra" or even "Main Cabin Express" traveler? Air passengers increasingly are facing such choices when they log in to carriers' websites. (The Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424127887323926104578273933631888950.html to view the full article online.
Defining "rich" is usually a numbers game. Is it $400,000 a year in income, or $5 million in net worth? Is $250,000 rich in New York? In Peoria? But wealth is just a vehicle for greater ends. So when asked about their broader definitions of wealth, a majority of investors surveyed in a recent study by the Spectrem Group said wealth meant "greater security." (CNBC)
Visit http://www.cnbc.com/id/100415923 to view the full article online.
Corporate America
Big data. The term itself, verging on overuse, is leaving some with a bit of skepticism about its benefits. But that doubt isn’t such a bad thing, according to Andrew McAfee, principal research scientist at the Center for Digital Business at the MIT Sloan School of Management. It serves a purpose by furthering the discussion around the validity of fundamental changes being shaped by data and analytics – one that calls into question the age old management art of gut, intuition and experience. (MIT/Sloan Management Review)
Visit http://sloanreview.mit.edu/improvisations/2013/01/11/skepticism-on-the-cusp-of-a-management-revolution/#.UQoQuvKDmSo to view the full article online.
Government
There's gotta be a better way to run a post office. The U.S. Postal Service's deep financial problems obscure a little-known fact: It actually does not draw on taxpayer dollars for its regular operations. But even though it operates more like a private business than a government entity, it still labors under tight restrictions from Congress. (CNN/Money)
Visit http://money.cnn.com/2013/01/30/news/economy/post-office-privatize/index.html?iid=HP_River to view the full article online.
Leadership
Avoiding negative feedback is both wrong-headed and dangerous. Wrong-headed because, when delivered the right way, at the right time, criticism is in fact highly motivating. Dangerous because without awareness of the mistakes he or she is making, no one can possibly improve. Staying "positive" when doling out feedback will only get you so far. (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2013/01/sometimes_negative_feedback_is.html to view the full article online.
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