How Will You Spend Your 1/2 Million Minutes?

WikiCommons:S. Sepp As of today, I’ve spent more than 486,720 minutes engaged in doing something this year. Put into seconds, that’s more 29,203,200 seconds, the equivalent of 338 days. It seems like it’s a lot. 29,000,000 is a big number. One would think it would feel like a long time. Funny thing is, instead, all that time seemed to go by rather quickly. I know I can account for the…

Why you can’t stop checking your phone

Why you can’t stop checking your phone We’d like to think it’s mind over matter when it comes to preventing texting and driving.  But researchers tend to think it’s more complex than that.  How often do you reach for your smart phone?  And do you truly know why?  Find out more here.

Not Your Father’s War for Talent

In the late 90’s, the War for Talent meant companies’ demand for capable employees outstripped the available supply, in part because the growth in the economy was accelerating demand.  Now, we still have a war for talent, but it’s due more to supply side issues, specifically a lack of supply, which is chilling, given our meager economic growth.  ACT, the college test company, recently reported “Only 39 percent of ACT-tested…

Billy Beane became famous for his use of data-based decisions (or sabermetrics) in baseball.  It led to the 2003 book Moneyball by Michael Lewis, as well as the 2011 Oscar-nominated film starring Brad Pit by the same name.  You may not be  a manager of major league team or one of Hollywood’s leading actors, but you can at least make use of some fascinating statistics regarding leadership development.  Click here to learn…

Does pay for performance stifle innovation?

Researchers at UC Berkeley and UCLA business schools suggest that pay for performance hinders innovation.  Instead, compensation models that have a “tolerance for early failure and reward for long-term success” are more effective in fostering innovation.  Link to overview of study.  Link to full report of study.

Do You Intimidate Your Co-Pilot?

Do You Intimidate Your Co-Pilot? The 2013 tragedy of Asiana Airlines Flight 214 crash at San Francisco Airport highlighted the significance of not only the role of the leader, but also those of their colleagues.  Moreover, it underscored the criticality of the relationship of those working in the cockpit. Following the crash, Deborah Hersman, chairwoman of the National Transportation Safety Board, noted that investigators were reviewing cockpit recordings to better…

Beyond profits: A more comprehensive model of leadership

“If you have to choose between two models of the company, one only about profit and the other about profit but also about other stakeholders, which would you choose?” asks Tom Donaldson, a professor of ethics and law at the University of Pennsylvania’s Wharton School of Business who has monitored how executives worldwide answer.  Thirty to 40 percent of those in the U.S. choose profit only.  By contrast, only about 10 percent in Japan do. Can…
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