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You know how when you play Tetris for awhile, even after you stop, you can still see those little falling blocks in your mind's eye? The persistence of Tetris isn't simply an annoying effect of a cleverly designed game, according to scientists. Instead it's a reflection of something deeply positive about our brains – their plasticity. (Inc.)
Visit http://www.inc.com/jessica-stillman/4-ways-to-train-your-brain-for-positivity.html to view the full article online.
Career
Business letters aren't a quaint thing of the past. Write them well, and you'll create a lot of goodwill with clients, partners, and vendors. You'll increase your profits, too – by getting key customers to renew large orders, for example, or persuading service providers to charge you less for repeat business. (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2013/02/writing_good_letters_still_get.html to view the full article online.
Diversity in the Workplace
International
The biggest Wall Street banks have spent more than $93 billion dealing with the fallout from the housing bust, settling disputes with the U.S. government and homeowners. Now they must face the Germans. HSH Nordbank AG, DZ Bank AG and Sealink Funding Ltd. are among firms that filed more than 30 lawsuits against Wall Street lenders in New York state court last year claiming they were sold flawed mortgage products. (Bloomberg/Businessweek)
Visit http://www.bloomberg.com/news/2013-02-07/wall-street-success-with-germans-boomerangs-mortgages.html to view the full article online.
NBMBAA
Established in 1970, the National Black MBA Association is dedicated to develop partnerships that result in the creation of intellectual and economic wealth in the black community. In partnership with over 400 of the country’s top business organizations, the association has inroads into a wide range of industries as well as the public and private sector. Yet all of NBMBAA’s partners have one thing in common: they are all committed to the organization’s goals and values.
Visit http://rickeysmileymorningshow.com/871216/rickey-salutes-black-history-month-national-black-mba-association/ to view the full article online.
Technology
In the fall of 2012, Sally Ike, a senior at Columbia High School in Maplewood, N.J., heard from a friend about a hilarious new app you could download on your smartphone. Snapchat was free, her friend explained, and allowed you to share photos. And like a lot of photo apps, it was simple: just shoot and send. The hook was that when your friend opened the message, the photo self-destructed within 10 seconds. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/articles/2013-02-07/snapchat-and-the-erasable-future-of-social-media#r=read to view the full article online.
Entrepreneurship
A trailblazer is a special breed in business. Fortune set out to identify entrepreneurs whose very young companies – they had to have been officially launched in the past five years – are already disrupting industries or changing the way businesses or consumers behave. But this isn't just a group of innovators. They're business leaders: Each of these founders is also the CEO (or equivalent) of his or her company. (Fortune)
Visit http://money.cnn.com/gallery/news/companies/2013/02/07/trailblazers.fortune/index.html?iid=H_F_News to view the full article online.
Certain industries are known for overly bureaucratic procedures. Health care, telecom, and power companies, come to mind. Indeed, every company has some bureaucracy and people who behave like bureaucrats. The challenge for growing companies is to implement just enough processes and procedures to allow them to scale their business while maintaining a culture that encourages entrepreneurial spirit, flexibility, and adaptability. (Inc.)
Visit http://www.inc.com/steve-tobak/the-key-to-entrepreneurial-culture-no-bureaucracy.html to view the full article online.
The Economic Census is the U.S. Government's official five-year measure of American business and the economy. It is conducted by the U.S. Census Bureau, and response is required by law. Forms go out to nearly 4 million businesses, including large, medium and small companies representing all U.S. locations and industries. Respondents are asked to provide a range of operational and performance data for their companies. Help compile the data by returning your form (or requesting an extension) by Feb. 12.
Visit http://www.census.gov/econ/census/ to view the full article online.
The Economy
As the U.S. jobs market continues its slow, not-very-impressive-but-nonetheless-forward march, one area of the economy still lags. Banks have only very recently begun to lend. Both individuals and small businesses have faced tight credit standards enforced by risk-averse banks; mortgages have been hard to obtain, and small business credit has been tighter yet. From 2008 to 2011, loans to small businesses fell 20 percent. The net effect has been to mute an already muted recovery. (The Atlantic)
Visit http://www.theatlantic.com/business/archive/2013/02/the-kickstarter-economy-how-technology-turns-us-all-into-bankers/272841/ to view the full article online.
Corporate America
Every morning David Kirchhoff springs out of bed, grabs the exercise clothes he’s laid out the night before, works out, and has breakfast. Every single morning, the same routine, the same breakfast: oatmeal with blueberries and banana, a non-fat Greek yogurt, some grapes, and coffee. "I’ve learned to make myself a creature of habit," he told Off the Cuff. (CNBC/Yahoo! Finance)
Visit http://finance.yahoo.com/blogs/off-the-cuff/weight-watchers-ceo-forget-willpower-instead-203715631.html to view the full article online.
Government
America managed, more or less, to avoid tumbling over (running into?) the fiscal cliff, but there is still an awful lot of fiscal tightening programmed for 2013. The tax deal struck to start the year extended most of the Bush tax cuts and delayed the sequester, but the stimulative payroll tax cut was allowed to expire, and is now taking a hefty bite out of paychecks. The delayed sequester is now scheduled to hit in March; its impact could cost the economy up to a percentage point of growth in 2013. Should America be worried about the rapid pace of fiscal consolidation? (The Economist)
Visit http://www.economist.com/blogs/freeexchange/2013/02/fiscal-policy to view the full article online.
Leadership
Even if you've never operated a cash register or made a cold call, you probably spend much of your time persuading or influencing others to take an action or make an exchange – what journalist Daniel H. Pink calls "non-sales selling." In his latest book, To Sell Is Human: The Surprising Truth About Moving Others, Pink explains the new art of persuasion, in which buyers have the advantage, solving problems is less important than finding problems, and the aggressive pitch yields to harmony and attunement. (Inc.)
Visit http://www.inc.com/leigh-buchanan/daniel-pink-to-sell-is-human.html to view the full article online.
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