Does anyone else see an irony in New York Governor Eliot Spitzer's new commission to help New York remain a vibrant financial capital? This is the same man who went after Wall Street with such relish during his days as Attorney General ... A number of critics argued that he did as much damage as good during his tenure.
Managers should cheer a $2.10 increase in the federal minimum raise ... I would brush off the fear-mongering of the National Restaurant Association, which predicts fewer jobs for entry workers because of the move. Smart employers will figure out a way to spread responsibilities and trim elsewhere to make sure that the most important assets they have--human beings--improve in value, rather the understandable instinct of underpaid workers to head for the door.
It had an inauspicious start, but the video resume trend is gaining steam.
Heading a company like AIG, GE and Exxon Mobil forces you (by virtue of size) to also have a strong voice on issues affecting your industry. Which heads of public companies right now embrace the notion of courageous leadership? Some of the most outspoken leaders I've met are now working in private equity.
A new study by management consultants Booz Allen Hamilton found that involuntary executive turnover up 318% since 1995.
Jossey Bass is about to revive Robert Townsend's cheeky 1970 bestseller Up the Organization. Good thing. What I like about the book is its humor--a feature that's decidedley missing from many of the earnest tomes published on management these days. Sure, he makes prescient points ("Two or three more generations of Fords ... will suffice to kill Ford"). But he also evokes a sense that business could be fun.
For anyone who finds the perks offered to Googlers both incredible (great food!) and a little bizarre (onsite laundry means washing your underwear with co-workers) will find this pretty funny.
All these people talking about ecomagination and Six Sigma; all the ambitious execs shooting for a chance to get to a high-level pow wow at Crotonville. In many respects, employees feel they enter a social pact when joining a company like GE. What now?
While much of the coverage on CEO turnover has been at the macro-level--why high turnover is happening and what the effects will be--Kevin Coyne speaks to the individual, telling you how to make the cut after the new guy arrives.
Author Seth Godin stopped by this week to talk abut 'the dip'.
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