Friday, March 31, 2023

3 tips for preventing Lay Off s

 

NOVEMBER 30, 2012 Friday 
What You Can Do To Prevent Layoffs
Are layoffs just a fact of life? Or are they avoidable? Sure, few managers have a say in whether their company will lay off employees, but there are some things you can do to reduce the likelihood:
  • Watch out for complexity. Organizations have a tendency to grow, adding unnecessary layers, positions, and locations. Whenever possible, advocate for keeping things structurally simple.
  • Phase out products and services. Outdated products and services can eat up costs and require expensive infrastructure. Eliminate the ones that have outlived their value.
  • Concentrate on the future. Focusing on short-term revenues can build up costs (and people) that provide results today but cannot be sustained in the long-term. Don't just invest in current operations.
Today's Management Tip was adapted from "You Can Prevent Layoffs" by Ron Ashkenas.

Women on Company boards foster better financial reporting

 


NOVEMBER 30, 2012 Friday 
Why Firms with Female Directors Make Fewer Financial Mistakes
Companies whose directors include one or more women are 38% less likely to have to restate their financial-performance figures to correct errors than firms with all-male boards, says a team led by Lawrence J. Abbott of the University of Wisconsin-Milwaukee. Gender diversity may make a board more open to viewpoints that oppose the CEO's and may encourage a more deliberative and collaborative decision-making process, according to the research, published in the American Accounting Association journal Accounting Horizons.
Source: Women on corporate boards foster better financial reporting, study finds

Leaders getting feedback from team ! An uphill task

 


SEPTEMBER 25, 2012 Tuesday 
Get Feedback, Even If You're the Boss
The higher up in the organization you get, the less likely you are to receive constructive feedback on your ideas, performance, or strategy. But you need input from others to get better. Here's how to get it:
  • Ask constantly. Don't just ask at review time, or assume your team members will be upfront.
  • Remove liability. If you think people won't open up, start by gathering feedback anonymously — through a 360 process for example — to show them you're receptive.
  • Act on it. If someone is brave enough to give you input, recognize it. Show everyone that you receive criticism well and can change your behavior as a result.

Driverless Cars way back in Sept 2012 !!!

 

SEPTEMBER 27, 2012 Tuesday 
For a Relaxing Commute, Hitch Your Car to a Wireless "Road Train"
Volvo has tested a "road train" concept in which drivers queue behind a designated lead vehicle, such as a truck, driven by a professional driver, and a wireless system from the truck takes over the operation of the cars. Drivers can regain control of their cars and get out of line when they reach their destinations. In a tryout in Spain, three vehicles followed a truck for 124 miles at 53 miles per hour, according to the Wall Street Journal.
Source: No Drivers, Many Roads

3 tips for harvesting good ideas

 


NOVEMBER 16, 2012 Friday 
A Better Way to Brainstorm in Groups
Brainstorming has gotten a bad rap for leading to uncreative and even unhealthy consensus. But getting together to try out ideas and come up with new ones can promote collaboration and creativity, if done right. Here's how:
  • Assemble a diverse team. Bring together people from different disciplines, cultures, and age groups. Be sure that some members have necessary and relevant expertise, but that some are naïve about the issue at hand.
  • Be clear about who decides. If everyone in the room has to agree, you'll gravitate toward the lowest common denominator. Name the person who is ultimately responsible and establish that everyone else is there to offer up ideas and build on others.
  • Let ideas live. At the end of the session, don't kill the ideas that didn't make it. Sometimes these lingering suggestions will make it into final concepts. Allow people to pick one and develop it further.
Today's Management Tip was adapted from "Yes, You Can Brainstorm Without Groupthink" by Vijay Govindarajan and Jay Terwilliger.

Gauge the culture of the organization before u take up job

 

OCTOBER 1, 2012 Monday 
Know the Culture Before You Accept
the Job
When deciding whether to take a job or not, investigate the culture of the organization. Ask questions of the interviewer or others who know the institution. General ones like — "What's the culture like?" or "Are people treated well?" — seldom work. You're likely to get stock answers. Instead, ask questions that get at how the organization does business. For example, you could ask, "Are there special activities to promote teamwork? Are they voluntary?" Also, look around the office while you're there. The space itself may give you some clues about the culture. Is it orderly or disorderly? Is it a quiet atmosphere or a more jovial one? There are no right answers of course. You're just looking for a culture that will fit what you want.
Today's Management Tip was adapted from "To Investigate Culture, Ask the Right Questions" by Bill Barnett.

Alpha Male USA Presidents

 

OCTOBER 1, 2012 Monday 
A Psychopathic Trait Helps Presidents Lead
U.S. presidents who score high on "fearless dominance," an anxiety-free charm that is often associated with psychopathology, tend to perform better in office than other presidents, according to an analysis led by Scott O. Lilienfeld of Emory University. The president who scores highest on this trait, by far, is Theodore Roosevelt; other high scorers include John F. Kennedy, Franklin D. Roosevelt, Ronald Reagan, and Bill Clinton. The lowest scorer is Herbert Hoover. Barack Obama was not included in the analysis.
Source: Fearless Dominance and the U.S. Presidency: Implications of Psychopathic Personality Traits for Successful and Unsuccessful Political Leadership

Business plan. Blue Print . Is it really imporant ?

 

OCTOBER 5, 2012 Friday 
Starting a Business? Skip the Plan
Not all entrepreneurs need a business plan. Most start-ups succeed because the founder had an authentic vision and clarity of purpose, not a well-written document. While not all planning is bad, the content that most business plans focus on has little to do with the reality that will actually emerge. Instead of agonizing over a document, focus on identifying exactly why your business should exist. Clearly articulate the bigger goal at hand, whether you call it vision, purpose, or calling. This will guide you and the business. And remember that the team is more important than any plan. It's worth spending time making sure you are working and partnering with the right people.
Today's Management Tip was adapted from "Great Businesses Don't Start with a Plan" by Anthony K. Tjan.

When Blacks lose their job Vs whites job loss

 

OCTOBER 3, 2012 Wednesday 
Among Blacks, Parental Layoffs Are More Likely to Keep Kids Out of College
The negative effect of parental job loss on children's likelihood of going to college is almost 3 times stronger for blacks than for whites, say Ariel Kalil of the University of Chicago and Patrick Wightman of the University of Michigan.
Further Details : 
When blacks lose their jobs, they're more likely to face long-term unemployment, which may undermine family wealth and lead to parental depression, marital conflict, and behavioral problems among children, the researchers say.
The findings underscore the economic fragility of America's black middle class.
Source: Parental Job Loss and Children's Educational Attainment in Black and White Middle-Class Families

Thursday, March 30, 2023

your first 90 days

 


NOVEMBER 20, 2012 Tuesday 
New Job? Only Make the Sacrifices You Want To
Every job requires giving things up, such as working long hours or spending time away from family. It's important when considering a new job to know which compromises you're willing to make:
  • Learn what's really required. Ask the employer about hours and intensity. You may assume that a certain level of commitment is necessary when it actually isn't.
  • Set specific guidelines. Identify the boundaries that will help you determine when to say yes or no. For example, you might decide you will always attend important events at your kid's school, or work late on business trips to free up weekends.
  • Start a discussion. Based on the guidelines you've set, talk about hours, travel, and availability. Then listen to what your potential employer says. With this information in hand, you can decide whether you are prepared to make the necessary sacrifices.
Today's Management Tip was adapted from "Set Boundaries on the Sacrifices You'll Make for Work" by Bill Barnett.

Kids in big families and their prospects

 

NOVEMBER 20, 2012 Tuesday 
Kids in Big Families Get Less, but Achieve More
Each additional child in a family is associated with higher reading scores, even though additional births reduce parents' investments in their offspring: In a study by Marc Frenette of the Social Research and Demonstration Corporation in Canada, the number of computers per child in homes with six children was 64% lower than in homes with two children, and parents in six-child homes were 54% less likely to have saved for college than parents in two-child homes. Parents of large families may be more likely to be out of the workforce, and their presence in the home may boost children's abilities. Another possibility is that parental investments in children ultimately have no effect, Frenette says.
Source: Why do larger families reduce parental investments in child quality, but not child quality per se?

Optimizing your network interactions

 


NOVEMBER 21, 2012 Wednesday
Energize Your Network
It's not enough to build a network, you also need to maintain it. This means preserving your connections with enthusiasm so the best ideas, resources, and talent come your way. Here are three tips for doing that:
  • Bring yourself fully to every interaction. Turn off your phone. Signal interest by sitting forward and asking questions. People notice if you're present, and they'll respond to your ideas and engagement with their own.
  • Do what you say you will. People will invest more in their relationships with you if you follow through. If you promised to send an article or make an introduction, do it.
  • Seek input. When you've got something exciting cooking, let your friends and colleagues in on it. They'll be more forthcoming with their own ideas and resources if you draw them into stimulating conversations and projects.
Today's Management Tip was adapted from the HBR Guide to Networking.

Low self esteem lowers product valuation

 

NOVEMBER 21, 2012
Sometimes It's a Bad Idea to Let Customers Complain
Giving customers a chance to complain about a product can be a bad idea if they believe its failure was their fault. Research subjects who thought a food processor was to blame for their failure to make a mango smoothie rated the machine higher (4.02 versus 3 on a 9-point scale) after getting a chance to gripe to the company about it, but those who believed the failure was their fault rated the item lower (3.29 versus 4.31) after getting the same opportunity, say doctoral student Lea Dunn and Darren W. Dahl of the University of British Columbia. Because the effect was mitigated when participants were prompted to think about themselves positively, it might be beneficial for companies to frame requests for feedback in an affirmative manner, the researchers say.
Source: Self-Threat and Product Failure: How Internal Attributions of Blame Affect Consumer Complaining Behavior

3 tips for memorable presentations

 


NOVEMBER 23, 2012 Friday 
Use Sound Bites to Make Your Presentation Stick
Clear and well-articulated presentations are a pleasure to listen to, but they won't necessarily be remembered. On the other hand, great quotes get picked up and repeated — whether at the water cooler, in blog posts, or on social media. Embed these types of sound bites when you want to make a speech memorable:
  • Rhythmic repetition. Repeat a key word or phrase at the beginning, middle, or end of sentences. Use this rhetorical device throughout the presentation and people will walk away remembering that word or phrase.
  • Concrete comparison. Use a simile or metaphor to help your audience understand your message and recall it later.
  • Slogan. Deliver a concise statement that's easy to remember. For example, Steve Jobs said "reinvent the phone" several times at the iPhone launch and the phrase ended up in PCWorld's headlines the next day.

Higher the newspaper circulation, more eff will be Govts

 


NOVEMBER 23, 2012 Friday
Newspapers Make Politicians Behave Better
If you've ever wondered about the value of newspapers, a study in Norway by Christian Bruns and Oliver Himmler of the University of Goettingen in Germany shows that a better-informed electorate induces politicians to behave better. Each 1-standard-deviation increase in a newspaper's circulation or coverage of local news leads to governmental efficiency gains between U.S.$368,000 and $460,000 annually for a municipality of average population 10,600.
Source: Newspaper Circulation and Local Government Efficiency

Tuesday, March 28, 2023

4 tips on handling a difficult team mate

 Monday 27 March 2023

Make Peace with a Difficult Colleague

Think about your most annoying colleague—the one who does that thing that just irks you. Now consider the possibility that they might never change. How can you make peace with their flaws and not build resentment?

(1) Clarify your principles. 

Write down what you believe about forgiveness. Are there conditions that can warrant it, and if so, what are they? Do you have limits on how frequently you forgive (e.g., three strikes and you’re out)? What things have you deemed unforgivable?

(2) Separate your emotions from your actions. 

Write down all the emotions you’ve felt toward your colleague—resentment, vindictiveness, fear, etc. Next, consider how these emotions have shaped your behavior. Have you vented about the person to colleagues, or given them the cold shoulder? Be honest about which reactions are counterproductive.

(3) Reflect on the whole story. 

Take a step back and reconsider. Are there factors you’ve ignored? How might you be contributing to the problem? Are you being unfair? Be willing to shape a new mindset about the situation and your colleague.

(4) Forgive—and adjust your posture. 

Consciously choose to let go of your negative feelings toward your colleague. Just as important, forgive yourself for any part you’ve played in the problem, and for expecting someone to be something they’re not. Choose to be more gracious, hospitable, and kind.

This tip is adapted from “Forgiving a Difficult Colleague,” by Ron Carucci 

counter intuitive - go slow in business growth

 

DECEMBER 20, 2012
Don't Grow Your Business Too Fast
Yes, growth is a good thing. But high growth can easily overwhelm a small enterprise, and put it at risk of going under. Before you push your company toward an audacious sales goal, know the following:
  • Understand your true operating costs. Know what they are and how they evolve as your business grows. Rapid growth will increase the cost of doing business and you need to be prepared.
  • Get a solid grasp of your working capital needs. Understand how much cash your firm requires to conduct day-to-day business.
  • Look at more than your income statement. It's not the only index of health. To get a quick pulse of how your business is doing, you need to look at other metrics besides revenue. These include cash available, status of accounts receivable, inventory, and other metrics specific to your business.
Today's Management Tip was adapted from "Are You Growing Too Fast?" by Sandeep Dahiya.

Relationship between Obesity and driving

 

DECEMBER 20, 2012 Thursday 
Will Falling Rates of Driving Lead to Lower Obesity?
A study of car and light-truck use in the U.S. between 1985 and 2007 shows that each increase in daily vehicle travel by one mile per licensed driver was associated with a 2.16% increase in the adult obesity rate six years later, says a team led by Sheldon H. Jacobson of the University of Illinois. The number of miles per driver had been rising until 2004, when it leveled off. In 2007, miles driven began falling, but it's unclear whether that drop will lead to lower obseity rates, the researchers say.
Source: A note on the relationship between obesity and driving

pardon traffic violations and increase accidents

 

DECEMBER 21, 2012
South Korea's Mass Pardons of Traffic Offenders Led to More Accidents
Since 1995, four presidents of South Korea have issued mass pardons to drivers who had lost their licenses because of drunk driving, vehicular homicide, and other violations. About 24.6 million people, more than 10% of the country's population, have benefited from these populist gestures, but the pardons increased traffic accidents by an average of 4.3% in the subsequent years, says a team led by Youngsun Kwon of Korea Advanced Institute of Science and Technology. Arbitrary and irrelevant pardons can be considered an abuse of clemency power, the researchers suggest.
Source: Estimating the costs of political populism: Traffic violation pardons in Korea

3 ways to say ' No ' to your boss

 Friday 24 March 2023

You Can Say “No” to Your Boss

Saying “no” when your boss asks you to take on an extra task is undoubtedly challenging, but sometimes, it’s necessary. Here’s how to decide whether to say no—and how to do it tactfully. 

(1) First, take a day to think about whether the task will help or hurt you. Ask yourself a few questions: (a ) Will I learn something new or gain experience by saying yes? 

(b) Does this task align with my future career goals? What experiences will I miss out on if I say yes to this task? 

(c) Am I already feeling overwhelmed? 

The answers to these questions will inform whether you’re able to take on the extra work.

( 2)  Next, don’t just say no—explain why you’re saying it. If you’ve determined that you just can’t say yes to your boss’s request, be transparent about why. Perhaps you can’t finish the task or project within the required timeframe, you don’t feel you have the resources to do the work successfully, or you’ll have to neglect other key responsibilities to get it done. Whatever your reasoning, explain it. If you have data to make your case, include it. 

(3) If your manager still needs you to complete the work, they should adjust your priorities—and their expectations—accordingly.

This tip is adapted from “3 Ways to Say “No” to Your Boss,” by Paige Cohen

When leader is dissatisfied about team's performance ....

 Thu 23 March 2023

Are You Frustrated with Your Team’s Performance?

As a manager, you won’t always have confidence in your team’s engagement, effort, and performance. How should you respond when doubt or frustration starts to creep in? Start by asking yourself these six questions.

(1) Have I been clear about expectations? 

Without this cue, your team won’t feel a sense of purpose—or be able to strategically organize their time, energy, and resources.

(2) Are those expectations reasonable? 

If the current goals are unrealistic, you may need to seek out more resources, or recalibrate your expectations. You may also need to provide more guidance to help your team achieve its goals.

(3) Could something else be going on?

 If you notice a dip in someone’s performance, have a direct and kind conversation to find out the cause. Be patient: There may be personal events at play, such as an ailing family member, a breakup, or additional caregiving responsibilities.

(4) Am I in the way? 

Grant your team the autonomy to realize your vision. Don’t micromanage.

(5) Am I holding everyone to the same standard? 

Beware unconscious bias. If you’re unsure whether you’re being fair to everyone, talk with a trusted colleague to get their perspective on the situation.

(6) Am I providing good and timely feedback?

 Reach out and set up a candid conversation as soon as a potential misalignment appears. It’s much better to catch it early, and not let issues fester.

This tip is adapted from “6 Questions to Ask Yourself When You’re Frustrated with Your Team,” by Amii Barnard-Bahn and Noémie Le Pertel


Not turning off audiences while presenting

 

DECEMBER 26, 2012 Wednesday 
Don't Hurt Your Own Cause
It's easy to get overexcited when you have a good idea. But in your enthusiasm, you may balk if other people don't immediately support your thinking. Don't let your impatience hurt your cause. Try to avoid these two things when pitching your idea to a skeptical group:
  • Making it biased. Don't try to scare people into listening by painting the worst-case scenario. Be fair and balanced when presenting the various options.
  • Offering your uninvited opinion. People will tune you out if you launch into a tirade about why you're right. Wait until you're asked to weigh in and try to positively engage your audience, not alienate them.
Today's Management Tip was adapted from "Are You Hurting Your Own Cause?" by Dorie Clark.

Proactively seeking feedback as a Leader

Wed 22 March 2023

Seek Out the Leadership Feedback You Need ! 

Being a leader doesn’t make you immune to feedback. In fact, the quality of your leadership depends on your ability to receive and implement feedback—especially when circumstances are challenging or uncertain. To get an accurate pulse on your leadership performance,

(1)  first, actively seek out negative feedback. If what you’re hearing from your colleagues is all feel-good praise and no hard-to-hear criticism, you need to work harder to get them to criticize you. To do this, come up with go-to questions you can ask your manager, your peers, and your direct reports.

 Avoid yes-or-no questions (“Do you have any feedback for me?”) and instead invite specific suggestions (“What’s one thing you need me to do differently?”). No matter how good your go-to question is, the other person is likely to feel uncomfortable; embrace that discomfort. 

(2) Try asking your question and then remaining silent. Count to six, slowly, in your head. Very few people can endure six full seconds of silence—they’ll tell you something. Then, listen carefully. Really try to understand what they’re saying rather than focusing on how you’re going to respond. Look for the criticism. Often people will sandwich the negative thought between two positive ones. 

(3) Finally, the best way to ensure you’ll continue receiving feedback is to follow up and share the actions you’ve taken based on what you heard.

This tip is adapted from “How Leaders Can Get the Feedback They Need to Grow,” by Kim Scott et al.

schedule after Lay Off from job

 Tue 21 March 2023

Prioritize Yourself After a Layoff ! 

Being laid off is a painful experience. But even through the difficult emotions, you have the autonomy to shape a positive experience and outlook. Before you can redirect your career and focus on the future, you need to first prioritize self-care in the present. 

(a) This means creating a predictable routine, which will give your weeks much-needed structure and focus. Make sure that routine isn’t built entirely around finding a new job; you also need to invest in your physical and mental well-being—perhaps by setting aside some daily time for exercise and meditation. 

( b ) If you find yourself feeling down or overwhelmed, take a break and shift your focus to others. See if you can help someone else, even if it’s simply by reaching out to ask how someone is doing. Finally, focus on building community and relationships. It’s easy to forget that you’re not alone. 

( c ) Over the years, you’ve built countless meaningful connections and you’ve been there for people. Lean on those relationships—and make an effort to build new ones that will nourish you. Prioritizing yourself in this challenging time will remind you that your career does not—and never did—define you.

This tip is adapted from “Shifting Your Perception After Being Laid Off,” by Vivek Gulati and Emma Seppälä

Friday, March 24, 2023

3 motivations to top talent

 

OCTOBER 12, 2012 Friday 
Money Isn't the Only Motivator for Top Talent
Many managers worry about how to retain top talent without breaking the bank. The good news is that even with the most sought after A-players, research shows non-monetary rewards can be more appealing than high salaries. Here are three things you can provide that often rank equal to or higher than compensation:
  • Flex time. Offer employees flexible arrangements, such as remote work options, staggered hours, or condensed workweeks.
  • Recognition. The best people want to feel appreciated for their hard work. Whether in a private email or a public venue, acknowledge your peoples' good work.
  • A culture that values results, not face time. Set the example: Take time out during the day to go to the gym or see your child's play, and encourage employees to do the same.
Today's Management Tip was adapted from the Guide to Persuasive Presentations.

3 tips to become a valuable employee

 


OCTOBER 8, 2012 Monday 
Become a More Valuable Employee
Getting ahead isn't about kissing up to the boss. It's about proving that you're valuable. Here are three ways you can boost what you bring to your organization:
  • Think like a shareholder. Ask lots of questions about the strategy and what's keeping the top leaders awake at night. Focus on those things in your day-to-day tasks and decisions.
  • Focus on the highest priorities. With your manager, identify two or three things you can do to drive revenue or profitability. Make sure the majority of your effort goes toward those areas.
  • Concentrate. If your manager asks you to do things outside of those strategic priorities, push back. Sure, you'll need to work on some things that aren't important. But make a deliberate choice to shortchange those if possible.
Today's Management Tip was adapted from the Guide to Getting the Right Work Done.

Can you change your job without quitting ?

 

NOVEMBER 6, 2012 Tuesday 
Make the Most of a Bad Job
If you're unhappy at work, you don't have to live with it. And you don't have to quit. Here's how to make the most of an imperfect job situation.
  • Be clear about what you don't like. You likely can't alter your job description, but you may be able to minimize the time you spend doing unwanted tasks.
  • Make social connections. Stronger emotional ties to your co-workers can have a positive effect on your attitude. Spend time with colleagues you like, and avoid those you don't.
  • Keep your options open. You may be stuck due to a bad economy or limited openings in your industry, but circumstances may change. Be sure your resume and your LinkedIn profile are up to date and that you are continually meeting people in your field.
Today's Management Tip was adapted from "Don't Like Your Job? Change It (Without Quitting)" by Amy Gallo.

objection handling - 3 tips

 

NOVEMBER 7, 2012 Wednesday 
Prepare to Answer Customers' Toughest Questions
No salesperson likes to take a hard question from a skeptical prospective customer. But since providing good answers is often the difference between winning and losing their business, it pays to get it right:
  • Clarify the question before answering it. Repeat it back in your own words or ask the customer to explain further. You don't want to address a question that wasn't even asked.
  • Provide an expert point of view. Your customer is more likely to trust a consultant who has intimate knowledge of the industry than an ordinary salesperson who simply understands how the product works. Show that you can apply your expertise to solve the customer's problems.
  • Stay calm. Demeanor speaks volumes. Regardless of the question, be confident and don't get defensive.
Today's Management Tip was adapted from "Strategies for Answering Your Customers' Toughest Questions" by Steve W. Martin.

Meditation for 5 to 16 minutes and positive emotions

 

NOVEMBER 8, 2012 Thursday 
Just a Little Meditation Causes Brain-Wave Changes
After just 5 weeks of daily 5-to-16-minute training sessions in focused-attention meditation ("Relax with your eyes closed, and focus on the flow of your breath…"), research subjects showed strong brain-wave changes associated with positive emotions, says a team led by Christopher A. Moyer of the University of Wisconsin. The findings suggest that the benefits of meditation may be more accessible than was previously believed, the researchers say.
Source: Frontal Electroencephalographic Asymmetry Associated With Positive Emotion Is Produced by Very Brief Meditation Training

Multi tasking's real victims are colleagues

 


NOVEMBER 12, 2012 Monday 
Help Your Multitasking Colleague Break the Habit
Everyone these days is trying to get several things done at once. But it's frustrating to work with someone who won't stop glancing at his phone or even takes calls mid-meeting. If a co-worker's inability to focus is bringing you down, try these three tactics:
  • Call him out mid-task. Not everyone is self-aware. Pointing out the behavior may bring attention to it and how it's affecting you.
  • Find a new time to meet. Suggest that you reschedule for a time when he can focus. Try a slot at the beginning of the workday, before the day's emails start rolling in.
  • Physically disengage. Get his attention by moving to another part of the room. Then it's up to him to reconnect when he's done with his task.
Today's Management Tip was adapted from "Multitasking's Real Victims" by Daniel Gulati.

Competition & product quality in super market industry

 


NOVEMBER 14, 2012 Wednesday 
When Walmart Arrives, Other Supermarkets Shape Up
Local supermarkets reduce stockouts by an average of 10% and boost product variety after a Walmart supercenter opens nearby, according to a study by David A. Matsa of Northwestern University's Kellogg School. Despite persistent grass-roots opposition to Walmart's spread into U.S. communities, the supercenters spur existing supermarkets to make significant improvements, especially in poor areas, Matsa says. Competition from Walmart has been linked to bankruptcies of at least 25 supermarket chains.
Source: Competition and Product Quality in the Supermarket Industry

job interview tips for recruiter

 Tue 20 Nov 2012 

" Maintain Control When Conducting a Job Interview"
------------------------------------------------
When interviewing a job candidate, your goal is to learn as much as possible so you can make an informed decision.
It's your job to keep the conversation focused and encourage the candidate to talk.
You should ask most of the questions and do most of the listening.
If the candidate gets off track, gently steer the conversation back to the topic. Use phrases such as, "You were saying earlier..." or "tell me more about..."
Regularly summarize what you hear so you can confirm what has been said, make transitions to other topics, and limit the comments of a wordy candidate.

An example of such a summary would be, "Are you saying that there was a six-month period when you were supervising 20 people in two different departments? That must have been difficult. How did you stay organized and on top of what was happening?"

Home property value and charity

 


NOVEMBER 16, 2012 Friday 
Declines in Home Equity Shrink Charitable Donations
Households increase their gifts to charity by nearly 1% for every 10% increase in home equity. That's about 10 times the effect of increases in other types of wealth such as stocks and bonds, say Chau Do and Irina Paley of the U.S. Treasury. The finding may be ominous for charities: A long-lasting 20% decline in U.S. home equity would mean a $52-per-homeowner decrease in donations, or about $3.8 billion less for charities nationwide, the researchers say.
Source: Altruism from the house: The impact of home equity on charitable giving

Persuation before presenation

 

DECEMBER 21, 2012 Friday 
Start Persuading Your Audience Before the Presentation
Your presentation doesn't start when you enter the room; it starts the moment you've committed to speak. If you take advantage of opportunities to reinforce your message before you take the stage, you're much more likely to change people's thinking and behavior. Explain to your audience ahead of time how they will benefit from your talk. If you're presenting to colleagues, you might e-mail them a summary of your message and a rough list of points you plan to cover, for example, or send a meeting request with a detailed agenda.

 If you're going to speak to people from outside your organization — conference attendees, for instance—post your biography and talking points online and provide links to any pre-reading material.
Today's Management Tip was adapted from the HBR Guide to Persuasive Presentations.

Thursday, March 23, 2023

When wanting promotes helping

 

AUGUST 7, 2012 Tuesday 
Invest in Karma to Get a Job?
Why Not?
Job-fair attendees who were prompted to think about their lack of control over their employment prospects offered to donate 67% more money to a charity than other attendees, an indication that people are inclined to do good deeds to try to improve their fortunes, according to a study by Benjamin A. Converse of the University of Virginia and Jane L. Risen and Travis J. Carter of the University of Chicago. People who made these kinds of investments in "karma" were more optimistic about getting what they wanted, the researchers say.
Source: Investing in Karma : When Wanting Promotes Helping