
Top News
In a new book out this week chock full of Google-flavored business wisdom, How Google Works, Google executive chairman and former CEO Eric Schmidt and former Senior Vice President of Products Jonathan Rosenberg share nine insightful rules for emailing (or gmailing!) like a professional. (Fortune)
Visit http://fortune.com/2014/09/25/googles-eric-schmidt-has-these-9-rules-for-emailing/ to view the full article online.
Career
Saying "No excuses!" is a popular way to show you won't dodge responsibility. But when something beyond your control goes wrong, you may need to explain. So how do you make a legitimate excuse without sounding lame? Certain types of excuses, used sparingly, can avert career damage, research shows. But hitting the right note requires some nuanced skills. For instance, it helps to give specific, truthful reasons for a mishap and show empathy for anyone who was harmed. Surprisingly, making an excuse in advance – when you think you just might perform poorly – can also lead others to be more forgiving. (The Wall Street Journal)
Visit http://online.wsj.com/articles/making-excuses-that-actually-work-1411513318 to view the full article online.
As an employer, or manager, you already have your hands full trying to keep employees engaged and motivated. Inevitably you will also have the task of firing employees. No matter the reason – they're not right for the job, they're unethical, or you don't have the money to pay their salary – there will come a time when you have to deliver the bad news. It is always an unpleasant experience. (Entrepreneur)
Visit http://www.entrepreneur.com/article/237741 to view the full article online.
Diversity in the Workplace
Studies show that companies with women in top roles earn higher returns, share prices, and organizational-health scores than those with all-male leadership. Yet despite mounting evidence that executive diversity is associated with better performance, the glass ceiling has stayed mostly intact: worldwide, women still hold less than a quarter of senior management positions, and solutions such as boardroom quotas have so far failed to change the overall number of female executives. While business leaders debate measures to address gender inequality, they might consider its relationship to that all-important marketplace metric: economic growth. (The Atlantic)
Visit http://www.theatlantic.com/magazine/archive/2014/10/how-brics-are-breaking-the-glass-ceiling/379344/ to view the full article online.
International
Sure a lot of people speak Mandarin – also known as Putonghua, China’s official language – but it’s still not enough, say education officials. About 30 percent of China’s 1.3 billion population, 400 million people, can’t communicate in Mandarin, according to Li Weihong, director of the State Language Commission, the official Xinhua News Agency reported on Sept. 21. Include only those who speak the official dialect fluently, and the number shrinks further. (Businessweek)
Visit http://www.businessweek.com/articles/2014-09-23/say-that-in-mandarin-please#r=nav-fs to view the full article online.
Education
We've known for a long time that inequality and systemic educational barriers are holding back many young African-Americans. President Obama has led an initiative to help close the opportunity gap for young black men. But what about the girls? For young women of color, progress has been painfully slow, says a new report from the NAACP Legal Defense and Educational Fund and the National Women's Law Center. (NPR)
Visit http://www.npr.org/blogs/ed/2014/09/25/351186785/q-a-the-mis-education-of-african-american-girls to view the full article online.
The University of Pennsylvania’s Wharton School posted a 1.2% increase in applications to its MBA program this year, a bright spot of admissions news after some years of declines. The profile for the class that started this fall and will graduate in 2016, published online, reported that 6,111 people applied for admission to the full-time M.B.A. program, compared with 6,036 for the fall 2013 entering class. (The Wall Street Journal)
Visit http://blogs.wsj.com/atwork/2014/09/19/wharton-m-b-a-applications-rise/?mod=WSJ_Careers_At_Work to view the full article online.
Technology
It’s the ultimate first world problem. You go to the Apple store, drop $400 for an iPhone 6 and then discover it doesn’t fit in your pocket. Gasp! In the past, such problems were limited to hipsters with curly mustaches, whose jeans were so skinny they might actually be cellophane wrap. But now mere mortals with normal pants and purses are in despair. (The New York Times)
Visit http://www.nytimes.com/2014/09/25/fashion/new-iphones-bulge-in-all-the-wrong-places.html?ref=business to view the full article online.
Blackberry has launched a distinctive handset featuring a square screen and a keyboard that offers both physical keys and touch-enabled gesture controls. It said work-focused users in particular should benefit from the Blackberry Passport's innovations. Sales of the company's handsets – which are powered by its own operating system – have been in decline. (BBC News)
Visit http://www.bbc.com/news/technology-29328135 to view the full article online.
Like any good tech startup, Uber is in a dogfight everywhere it turns. Like few tech startups, everywhere it turns it’s ready for confrontation. Yet Uber has at least one initiative in which it’s making love, not war. Ten months ago the startup introduced a modest program to help its drivers finance car purchases. (Fortune)
Visit http://fortune.com/2014/09/18/uber-banks-on-world-domination/ to view the full article online.
Entrepreneurship
One of the outcomes of the 2008 global financial crisis was the "funding gap". Banks were less willing to provide loans and investors moved capital into more stable platforms. In general, the market tolerated less risk. In this new environment, raising capital became the greatest challenge for small and midsize businesses (SMBs). They needed new platforms. Enter crowdfunding. (Entrepreneur)
Visit http://www.entrepreneur.com/article/237789 to view the full article online.
The majority of entrepreneurs set out to create a company with $10,000 or less. That's according to a recent Intuit survey of 500 small businesses across the country. The survey results also revealed that three quarters of those business owners relied on their own savings to get started. Meanwhile, most of them didn't initially feel like they had enough financial know how to use that money smartly. (Inc.)
Visit http://www.inc.com/laura-montini/infographic/how-us-small-businesses-get-started.html to view the full article online.
The Economy
Why do so few workers have a pension plan these days? Blame the shareholders, says a new paper. Adam Cobb, a management professor at the University of Pennsylvania’s Wharton School, suggests that shareholders have gained greater influence in firms while employees’ power has waned. And in their hunt for big returns, shareholders – particularly financial investors that purchase large stakes – play an important role in the shrinking pool of pensions. (The Wall Street Journal)
Visit http://blogs.wsj.com/atwork/2014/09/15/why-pensions-went-away-a-theory/?mod=blog_flyover to view the full article online.
Walmart is introducing a mobile checking account for its customers that will eliminate the overdraft and bounced-check fees traditionally charged by banks. It is Walmart's biggest push into the financial services sector and its target is customers that have limited access to traditional banking. (Daily Finance)
Visit http://www.dailyfinance.com/2014/09/24/walmart-introduces-mobile-checking-accounts/ to view the full article online.
Personal Finance
Unlike about 10 million other people, Paul Roberts isn't upgrading his iPhone. He's sticking to his two-and-a-half year old iPhone 4S as long as possible. It's not just that he's avoiding the fistfights and long lines. Roberts, 53, is the author of a new book, "The Impulse Society: America in the Age of Instant Gratification," that makes the case that buying a new phone is part of a broad and serious American affliction. (Bloomberg)
Visit http://www.bloomberg.com/news/2014-09-24/the-dangers-of-upgrading-your-iphone.html to view the full article online.
Want to get your credit card issuer to waive a late fee or drop your interest rate? All you have to do is ask, a survey released Thursday by CreditCards.com found. Nearly nine in 10 cardholders have successfully had a late payment fee waived after asking their credit card company to do so. (Money)
Visit http://time.com/money/3425668/how-to-get-credit-card-fee-waived-rate-lowered/ to view the full article online.
Professional Development
In a quarter of a century, most business students will never enter a classroom. The faculty lectures, the MBA student discussions and the homework assignments will occur instead over the Internet, where each part of the educational experience can be played as many times as it takes to fully absorb or satisfy, as if it were a Seinfeld rerun. (USA Today)
Visit http://www.usatoday.com/story/money/personalfinance/2014/09/14/cnbc-unbundled-mba-degree/15462785/ to view the full article online.
Corporate America
A new report by Credit Suisse reveals that despite an increase in female business leaders, women executives remain in support roles – keeping the bulk of corporate power in male hands. (Fortune)
Visit http://fortune.com/2014/09/24/women-boards-power/ to view the full article online.
Leadership
The economy’s slow but steady improvement should be good news. But employers may find a cloud lurking behind the sunny forecast: They are at risk of losing some of their most valuable talent – and they may not even realize it. These aren’t the usual suspects. Instead of the 50-something Baby Boomers and the Millennials in their late 20s and early 30s, I’m talking about Generation X, demography’s long-neglected "middle child." (Harvard Business Review)
Visit http://blogs.hbr.org/2014/09/4-ways-to-retain-gen-xers/ to view the full article online.
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