
Top News
What’s the first thing you do when you arrive at your desk? For many of us, checking email or listening to voice mail is practically automatic. In many ways, these are among the worst ways to start a day. Both activities hijack our focus and put us in a reactive mode, where other people’s priorities take center stage. They are the equivalent of entering a kitchen and looking for a spill to clean or a pot to scrub. (Harvard Business Review)
Visit http://blogs.hbr.org/2014/06/how-to-spend-the-first-10-minutes-of-your-day/ to view the full article online.
In the winter of 1998 at the University of Rochester, I had an 40-minute interview with consulting and marketing company Sapient, and encountered managing director Tim Smith, a seemingly amiable interviewer. I was less than seven months from graduating with an MBA. At the time, Sapient was working on harnessing the emerging power of the Internet to transform businesses. I was well prepared for the discussion – perhaps too much so – because I desperately wanted to get the job. After a flurry of opening questions I thought I had answered well, Smith pulled back from the conversation and said something that changed my life and my very way of thinking. (Fast Company)
Visit http://www.fastcompany.com/3032998/hit-the-ground-running/how-instant-feedback-during-an-interview-can-change-a-career to view the full article online.
Career
What's better than a raise in July? Another in October. And one more in January. As companies try to retain top employees and hit growth targets, some are ditching the annual salary review and doling out raises and bonuses several times a year. The practice can be risky, compensation experts and executives say, since workers who respond well at first could grow unhappy if the rewards slow down. (The Wall Street Journal)
Visit http://online.wsj.com/articles/when-one-pay-raise-a-year-isnt-enough-1405454289 to view the full article online.
NBMBAA
Four area high school students represented the National Black MBA Association ® (NBMBAA) St. Louis Chapter in the NBMBAA Leaders of Tomorrow ® (LOT) 13th Annual National Business Case Competition on the campus of The Ohio State University Fisher College of Business on June 21, 2014. The NBMBAA-St. Louis Chapter team won first place. (St. Louis Post-Dispatch)
Visit http://interact.stltoday.com/pr/non-profits/PR071014120217771 to view the full article online.
Technology
If you can’t write code, should you get free lunch? The war for tech talent is reshaping employer policies from coast to coast, with free snacks, booze and dry-cleaning becoming standard at many offices. Companies usually offer these perks to sales associates, marketing managers and developers alike; bosses reason that they have to, or risk causing tension among the employee ranks. But do they really want to? (The Wall Street Journal)
Visit http://blogs.wsj.com/atwork/2014/07/15/the-truth-about-tech-company-perks/?mod=WSJ_Careers_At_Work to view the full article online.
Entrepreneurship
If you’re an entrepreneur you have heard the million reasons not to go into business: It’s too risky, you might go into debt, you’ll probably lose sleep, your social life is kaput, and the list goes on. But even with all these uncertainties, people are still attracted to the startup world. There are just as many, if not more reasons to take the leap and go into business for yourself. (Entrepreneur)
Visit http://www.entrepreneur.com/article/234916 to view the full article online.
The Economy
Here’s a quick question for you. What do the following years have in common: 1853, 1906, 1929, 1969, 1999. Pass the question around your office. Call your money manager and ask him or her, too. Post it on your office notice board. Give up? Those were the peaks of the five massive, generational stock-market bubbles in U.S. history. (MarketWatch)
Visit http://www.marketwatch.com/story/were-in-the-third-biggest-stock-bubble-in-us-history-2014-07-15 to view the full article online.
Corporate America
The CEOs of U.S. companies are compensated exceedingly well. A recent analysis by the AFL-CIO found that the heads of S&P 500 companies are paid 331 times as much, on average, as production and nonsupervisory employees. Regardless of whether this is fair – some believe that CEOs aren’t paid nearly enough – it’s worth understanding how we got here. (Harvard Business Review)
Visit http://hbr.org/2014/07/the-whys-and-wherefores-of-executive-pay/ar/1 to view the full article online.
Government
America's modern era of state-run lotteries started 50 years ago in New Hampshire. Today, across 43 states, the District of Columbia and several territories, people wager more than $56 billion a year on lotteries. The take for state governments is about a third of that, and in many states lottery revenues exceed corporate income taxes. (NPR)
Visit http://www.npr.org/2014/07/16/332015825/lotteries-take-in-billions-often-attract-the-poor to view the full article online.
There is a striking generational split in the Democratic electorate. This deepening division is apparent in a June Pew Research Center survey of more than 10,000 people, "Beyond Red vs. Blue." The Pew survey points up the emergence of a cohort of younger voters who are loyal to the Democratic Party, but much less focused on economic redistribution than on issues of personal and sexual autonomy. (The New York Times)
Visit http://www.nytimes.com/2014/07/16/opinion/thomas-edsall-a-shift-in-young-democrats-values.html to view the full article online.
Leadership
We often find ourselves engaged with members of large organizations on questions of how to be more innovative and entrepreneurial. In virtually every case we hear something like this: "I have an idea for a new product (or process, system, program, etc.). I’m not dead certain it can be pulled off, but if it could, it can have a significant impact on the business. It’s not within the day-to-day scope of my job and I certainly don’t want to put myself or the company at significant risk, but it would be a shame if I didn’t try to move the idea forward somehow. How do I do this within a pretty traditional organization?" (Harvard Business Review)
Visit http://blogs.hbr.org/2014/07/act-like-an-entrepreneur-inside-your-organization/ to view the full article online.
In "Looks Good On Paper," clinical psychologist Leslie Pratch explores dealing effectively with setbacks and being a successful leader. We all know that a person who has been handed leadership responsibilities in the past and a person who is a true leader are two completely different job candidates. That’s where Leslie Pratch comes in. (Fortune)
Visit http://fortune.com/2014/07/17/successful-leadership-traits/ to view the full article online.
Lifestyle
Vacations are for unplugging: we all need to escape the daily grind from time to time, after all. But that doesn’t have to mean unplugging from the entire internet. In fact, you may have a more enjoyable and meaningful vacation by staying connected – as long as you’re staying connected to fun, friends, and family, rather than to work. (Harvard Business Review)
Visit http://blogs.hbr.org/2014/07/the-right-way-to-unplug-when-youre-on-vacation/ to view the full article online.
Americans tend to have a lot of stuff – closets full of shoes, garages cluttered with gear, basements stacked with boxes of who knows what. But for about as long as Americans have been stocking up on the latest gadgets and styles, there's also been a vocal band of dissenters, arguing for the merits of a simpler, less materialist life. (The Atlantic)
Visit http://www.theatlantic.com/business/archive/2014/07/living-with-less/374544/ to view the full article online.
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