
Top News
I just read the interesting story about Edward Snowden in Wired, and I can’t quite figure out what I think of the man. He seems neither the patriot that James Bamford (not surprising, given his background) portrays him to be, nor the traitor that some argue. The story certainly nourishes the increasing concern that the U.S. spies on its own citizens and national allies. And there is little doubt after reading it that a disgruntled employee (or contractor) can walk out an intelligence agency’s door with a "pocket full of thumb drives." (The Wall Street Journal)
Visit http://blogs.wsj.com/cio/2014/09/24/what-business-can-learn-from-intelligence/ to view the full article online.
More new businesses are better for society, right? That’s a common assumption. For instance, take this recent Washington Post piece, headlined, "More businesses are closing than starting. Can Congress help turn that around?" Sounds ominous at first. But wait a minute – is starting more new businesses always a good thing? Isn’t it a basic economic tenet that well-functioning markets will have many entrances and exits, that weak businesses (including thousands of one-person enterprises) will get recycled quickly (fast failure) and that over time, vigorous, well-regulated markets will support strong and growing companies, which in turn provide dignified jobs and prosperity? (Harvard Business Review)
Visit http://blogs.hbr.org/2014/10/dont-judge-the-economy-by-the-number-of-start-ups/ to view the full article online.
LinkedIn enjoys one big advantage against competitors Facebook and Twitter: It's the social network people can use at work. By positioning it as a service for professional development, LinkedIn has embedded itself into offices worldwide. And in the process, found a holy grail of corporate data: The social hierarchy of people inside an organization... even if the people themselves don’t know it. (Fast Company)
Visit http://www.fastcolabs.com/3035235/linkedins-data-science-secrets to view the full article online.
Since March 2014, over 3,000 people have died from the relentless spread of the Ebola virus throughout the West African countries of Guinea, Sierra Leone, Liberia and Nigeria. Despite the heroic efforts of the humanitarian and medical professionals in these countries, crumbling public health systems – which were notoriously weak even before the current outbreak began. (Business Insider)
Visit http://www.businessinsider.com/economic-effects-of-africa-ebola-outbreak-2014-10 to view the full article online.
Career
Some mornings it's just tough to get going. Maybe you have been working too hard. Or maybe even partying a bit too much. It doesn't matter what happened last night. Whatever is dragging you down this morning, you need to find a way to get yourself going at full speed. Sure you could drink coffee or go for a run, but there are many other ways to get you going without drugs or breaking a sweat. (Inc.)
Visit http://www.inc.com/kevin-daum/5-ways-to-jumpstart-a-sluggish-morning.html to view the full article online.
International
Africa, where 70% of the population is under the age of 30, is buzzing with business ideas and innovative spirit -- but who are the continent's brightest young entrepreneurs? The answer was given last week when 12 young entrepreneurs from all across Africa traveled to Johannesburg to compete for the annual Anzisha Prize – currently in its fourth year, Anzisha Prize is a pan-African award celebrating entrepreneurs aged 15-22 who've come up with innovative ways to solve problems in their communities, or have launched successful businesses in their areas. (CNN International)
Visit http://edition.cnn.com/2014/09/29/business/meet-africas-brightest-young-entrepreneurs/index.html?hpt=ibu_bn6 to view the full article online.
The European Central Bank has kept its benchmark interest rate at 0.05% and given details of its asset purchase program announced last month.The bank's head Mario Draghi said it would start buying covered bonds this month and other assets in the final three months of the year. (BBC News)
Visit http://www.bbc.com/news/business-29459157 to view the full article online.
Education
The University of Chicago Booth School of Business has helped launch three billion-dollar companies in the past few years, including GrubHub Inc. Still, despite offering funding competitions and related academic courses, it isn't necessarily known as an entrepreneurship hub on the level of the Stanford Graduate School of Business or the Massachusetts Institute of Technology's Sloan School of Management. (The Wall Street Journal)
Visit http://online.wsj.com/articles/business-education-q-a-booth-school-isnt-just-about-finance-1412207555 to view the full article online.
Technology
For people who care about the tech industry’s gender gap, the wearable tech market is a source for hope and fear. Fear, because the female half of the population often gets overlooked as consumers – as when Apple’s HealthKit was designed for tracking all sorts of things in your body, but not your menstrual cycle – or as potential victims. One in four women experience stalking, and a hacked wearable does a stalker’s work for them. (Fast Company)
Visit http://www.fastcompany.com/3036511/wearables-week/why-wearables-could-be-a-breakthrough-for-women-in-tech to view the full article online.
Entrepreneurship
Danae Ringelmann has seen many sides of the finance world--as a Wall Street analyst, as an MBA student, and as a producer trying to raise money for off-Broadway plays. It was that last experience that led her to co-found Indiegogo, a crowdfunding site whose goal is no less than the democratization of finance. Ringelmann came to our offices recently to talk about diversity within tech companies, Indiegogo's experiment with 'forever funding,' and entrepreneurs' biggest crowdfunding mistakes. Below is an edited version of our conversation. (Inc.)
Visit http://www.inc.com/kimberly-weisul/indiegogo-founder-entrepreneurs-dont-ask-for-money.html to view the full article online.
Whether you make exciting doodads or run a top-notch service company, chances are you are always in the market for more sales. Global exporting is the next frontier for many companies and a solid international expansion plan could potentially have tremendous impact on your bottom line. The fact is most people do not take advantage of this opportunity because of the mythological fears surrounding international export. The following are 3 tips to put you at ease and get you well on your way to becoming a world-wide mogul. (Inc.)
Visit http://www.inc.com/rhett-power/how-to-grow-your-business-internationally-in-3-steps.html to view the full article online.
The Economy
The jobs crisis is over. Now it’s on to the hard part: boosting American income.Tomorrow is the first Friday of October, which means the Labor Department will release its monthly jobs report, an updated look at how many jobs the economy added and where the unemployment rate stands. (Fortune)
Visit http://fortune.com/2014/10/02/us-employment-wages-jobs/ to view the full article online.
Corporate America
When a top boss lives far from headquarters, companies are willing to go the distance – literally – to simplify life for the executive. Mark King needed to move fast after Adidas AG promoted him to run North America with scant notice last spring. He left his newly built home in Vista, Calif., packed half his clothes and rented a furnished apartment in Portland, Ore. In return, the sporting-goods giant gave Mr. King a sweet relocation deal: $100,000 to cover his first year of rent. (The Wall Street Journal)
Visit http://online.wsj.com/articles/firms-try-harder-to-snag-executives-wary-about-distant-jobs-1412119840?cb=logged0.08686866542337923 to view the full article online.
Leadership
Digital technology is the biggest agitator of the business world today. Mobile technology, social media, cloud computing, embedded devices, big data, and analytics have radically changed the nature of work and competition. And digital innovations will continue to do so for the foreseeable future. Technology has tremendous potential to be the engine of increasing human, organizational, and economic prosperity. (Harvard Business Review)
Visit http://blogs.hbr.org/2014/09/we-need-better-managers-not-more-technocrats/ to view the full article online.
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