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For most of the 20th century, the compact between employers and employees in the developed world was all about stability. Jobs at big corporations were secure: As long as the company did OK financially and the employee did his or her job, that job wouldn’t go away. And in the white-collar world, careers progressed along an escalator of sorts, offering predictable advancement to employees who followed the rules. Corporations, for their part, enjoyed employee loyalty and low turnover. (Harvard Business Review)
Visit http://hbr.org/2013/06/tours-of-duty-the-new-employer-employee-compact/ar/1 to view the full article online.
In the business world, your credibility is everything. It tells people whether they can count on you. It tells your customers, employees, bosses, and coworkers what they can expect from you. Whether they can trust you or not. Over time, that becomes your reputation. (Inc.)
Visit http://www.inc.com/steve-tobak/10-ways-youre-killing-your-credibility.html to view the full article online.
We all know no one posts the best jobs. The really juicy positions usually get handed around like a treasured prize within social networks. Maybe you'll see a notice on LinkedIn, or a posting on your alumni listserv – but probably not. The most exciting jobs have an infinite number of aspirants, so unless you've been personally recommended by someone close to the action, it's difficult to get noticed. (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2013/06/the_smartest_leaders_make_thei.html to view the full article online.
Career
I work for someone who keeps bringing up my ideas in meetings with senior management before I get the chance to speak; and he talks about these solutions I've come up with as if they were his own, with no mention of me at all. A friend who has witnessed this tells me I need to "promote my personal brand" so that people in the company and elsewhere know that I've become something of an expert in my area, which is streamlining processes and improving operational efficiency. (Fortune)
Visit http://management.fortune.cnn.com/2013/06/13/personal-brand/?iid=SF_F_River to view the full article online.
Diversity in the Workplace
Firms are catching on to paternity leave. Dads? Not so much. Yahoo Inc. announced in April that new fathers can take eight weeks off at full pay. Bank of America Corp. offers 12 weeks of paid leave, and Ernst & Young a few years ago bumped its leave policy from two weeks to six. Fifteen percent of U.S. firms provide some paid leave for new fathers, according to a survey from the Society for Human Resource Management to be released on Father's Day. (The Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424127887324049504578541633708283670.html?mod=WSJ_mgmt_LeadStoryCollection to view the full article online.
I have a modest proposal that could easily quadruple the inventive capacity of the country. It's simple, yet powerful, and with the right funding, it could be a game changer. The idea: let's completely remove the shopworn expression "think outside the box" from circulation for retooling. (Huffington Post)
Visit http://www.huffingtonpost.com/hank-williams/a-modest-proposal-thinkin_b_3417950.html to view the full article online.
NBMBAA
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Technology
Companies like Google and Facebook are very much caught in the middle of the current debate about . Press reports have said the companies are required to turn over huge amounts of customer data to government agencies like the National Security Agency, but the companies are often barred from saying anything publicly about the requests they receive. (NPR)
Visit http://www.npr.org/blogs/alltechconsidered/2013/06/12/191044196/Google-NSA-Data-Requests to view the full article online.
Entrepreneurship
During the Great Recession, banks battered by the financial crisis lent less to small businesses. Credit unions picked up some of the slack, using comparatively strong financial health to fill the demand for small business loans. By one measure, that trend has been reversing: Biz2Credit’s Small Business Lending Index shows approval rates at credit unions have been falling steadily, while big banks appear to be loosening standards for small business loans. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/articles/2013-06-13/are-credit-unions-saying-no-to-more-small-businesses#r=hpt-ls to view the full article online.
"Invention, my dear friends, is 93% perspiration, 6% electricity, 4% evaporation, and 2% butterscotch ripple." So says Gene Wilder's Willy Wonka, in the 1971 film of Roald Dahl's classic children's book, Charlie and the Chocolate factory. Unfortunately, few of us are lucky enough to have a chocolate factory full of non-union Oompa Loompas to help you get your idea to market. But, what you do have that dubious employers like Mr Wonka don't, is the power of the internet. And fewer trips to the dentist. (BBC News)
Visit http://www.bbc.co.uk/news/business-22847802 to view the full article online.
Personal Finance
The cashless society – a world where physical money is practically obsolete – has, in just a few years, gone from a utopian dream to something like an inevitability. In Sweden, a national effort is underway to take the country cashless within two decades. Throughout Africa, it's perfectly common for merchants to accept money through mobile phones by having buyers transfer a specific amount of money to a specific number associated with the merchant. (The Atlantic)
Visit http://www.theatlantic.com/business/archive/2013/06/yes-credit-cards-are-making-you-a-bad-person/276777/ to view the full article online.
You know how this should go: Start saving for retirement in your twenties and keep it up for three decades or more. Begin transitioning your finances to the withdrawal stage in your late fifties and sixties. And – voilà! – stop working at age 65 and turn your nest egg into a steady series of paychecks. Retirement planning rarely goes that smoothly, especially the "transitioning" part. (CNN/Money)
Visit http://money.cnn.com/2013/06/01/retirement/retirement-planning.moneymag/index.html?iid=HP_River to view the full article online.
Corporate America
Even before revelations of Prism-gate emerged a week ago, chief information officers had been cracking down on employees using apps built by Facebook and Google – two of the tech giants ensnared in the National Security Agency spying scandal – while on the job. Facebook (FB) and a host of Google (GOOG) apps top the corporate blacklist league table, according to a new study compiled by mobile device management specialists Fiberlink. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/articles/2013-06-12/banned-at-work-employers-blacklist-apps-from-facebook-google#r=read to view the full article online.
Twenty years ago, on June 15, 1993, Adobe Systems officially introduced the Acrobat product suite and its underlying file format, the Portable Document Format (PDF). It's difficult now to recall how challenging it was to exchange electronic documents before then. (Knowledge@Wharton)
Visit http://knowledge.wharton.upenn.edu/article.cfm?articleid=3267 to view the full article online.
Leadership
Life is full of negotiations, big and small. We negotiate for raises, we negotiate with clients and providers over prices, and we negotiate for more staff, the best projects, and flex time. (Then we go home and negotiate with our kids about how old you have to be to get your own smartphone.) (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2013/06/the_1-minute_trick_to_negotiat.html to view the full article online.
You've just stomped into your office and slammed the door. You're locked in battle with one of your colleagues or employees over how best to solve a business problem. You feel so angry you could spit nails. First, take a deep breath. Second, consider this: A conflict within your company is one of the greatest opportunities for creative thought you'll ever have. (Inc.)
Visit http://www.inc.com/minda-zetlin/turn-conflict-into-creativity-5-tips.html to view the full article online.
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