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☆ A viral conspiracy theory on TikTok says nice people don’t get promoted. But experts disagree
▼ + stars: | 2024-04-30 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +5 min

One viral TikTok has young workers up in arms about the perils of being pleasant in the workplace. A TikToker who goes by the name Jacqueline recently posted a TikTok video where she claimed that people who are "a pleasure to work with" will "never get promoted." She added: "You will never be promoted out of a hardworking more junior position where a lot of the hard work exists ... There's a lot of benefits to being other-oriented like we like nice people and we do nice things for those people," he added. 'Pleasant people don't bend over backwards'In Jacqueline's TikTok video, she conflates having a pleasant personality with being a pushover, according to Vogel.

Persons: Jacqueline, Cameron Anderson, Andrew Brodsky, Brodsky, Ryan Vogel, Vogel Organizations: Haas School of Business, University of California, University of Texas, McCombs School of Business, CNBC, Chinese University of Hong, University of Iowa, Purdue University, Fox School of Business, Management, Temple University Locations: Berkeley, Chinese University of Hong Kong, agreeableness

☆ Why does gas cost more in California?
▼ + stars: | 2024-01-27 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

It adds about 10 cents of additional cost per gallon of gas, said Borenstein. Yet, in the fall of 2022, California gas prices shot up to a record high of nearly $6.50 per gallon after multiple refineries suffered outages. The shrinking number of oil refineries in California is another reason there’s a growing gap between California and the rest of the country’s gas prices. Those 11 refineries produce 90% of California’s gas and diesel fuel, according to California’s energy department. But Borenstein has another theory for why the price of gas is so much higher in California.

Persons: That’s, Severin Borenstein, Borenstein, Ronald Reagan, ” Reagan, David Paul Morris, ”, “, Patrick De Haan, ” Borenstein Organizations: Los Angeles CNN —, AAA, University of California Berkeley’s Haas School of Business, California Air Resources Board, Gov, Carrell, Act, Bloomberg, Getty, American Lung Association, US Energy Information Administration, Drivers, Shell, Mobil Locations: United States, California, Golden, Angeles, Los Angeles, San Francisco , California, Hawaii, Texas, Oklahoma, Louisiana, “ California, Chevron

☆ Sam Altman says successful people ‘believe in themselves almost to the point of delusion’—that's frightening, says expert
▼ + stars: | 2023-11-20 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Sam Altman, CEO of OpenAI, speaks to the media as he arrives at the Sun Valley Lodge for the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho. Some, like ex-OpenAI CEO Sam Altman, believe in taking it to an extreme — and that's when they turn from inspiring to frightening, says a leadership expert. "The most successful people I know believe in themselves almost to the point of delusion." Altman is "far from the first entrepreneur to have endorsed the idea that you have to believe in yourself, above all else" to succeed, says Moore. In his blog post, titled "How To Be Successful," Altman cited billionaire Elon Musk's "absolute certainty" that SpaceX could soon send a rocket to Mars as the "benchmark for what conviction looks like."

Persons: Sam Altman, Don Moore, Berkeley's, Altman, Moore, Elon Musk's, Musk Organizations: OpenAI, Allen & Company Sun Valley Conference, University of California, Berkeley's Haas School of Business, CNBC, Microsoft, SpaceX Locations: Sun Valley , Idaho, OpenAI, Mars

☆ How to be happier at work, says Ivy League-trained expert who's led workshops at Google, Microsoft
▼ + stars: | 2023-09-20 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Srikumar Rao has spent his decades-long career teaching Fortune 500 executives and students at the world's top business schools how to be happier at work. "People ask me all the time, what's the number one tip you can give me to be happier at work, or happier in my life? Just be present,'" Rao, 72, tells CNBC Make It. Rao, who has a Ph.D. in business from Columbia Business School, has taught at London Business School, the Haas School of Business at the University of California, Berkeley, Columbia Business School and elsewhere. He's also done pioneering research into workplace motivation and led employee workshops at Google, Microsoft and Merill Lynch, among other companies.

Persons: Srikumar Rao, He's, Rao, Merill Lynch Organizations: Fortune, CNBC, Columbia Business School, London Business School, Haas School of Business, University of California, Google, Microsoft Locations: Berkeley

☆ Beware Tech Billionaires Building Brand New Cities - The New York Times
▼ + stars: | 2023-09-17 | by ( Molly Turner | ) www.nytimes.com time to read: +3 min

But with so many tech investors at the helm who are eager to pilot new technologies like flying cars, I’m not optimistic. It’s challenging to transform our existing cities and to pilot new tech solutions on our streets. Wouldn’t it be easier to test new technologies, business models and government structures in cities free of pesky people? Market them to people who choose to join and see what the world learns.”But, these new cities are never really built from scratch. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram.

Persons: Technotopians, they’ve, they’re, That’s, Lonsdale, Solano, They’ve, ” John Garamendi, we’ll, Molly Turner Organizations: Democrat, Haas School of Business, University of California, New York, Facebook, Twitter Locations: Toronto, Polynesia, Solano County, University of California Berkeley, ”

☆ At Taser maker Axon, ex-staff say loyalty meant being tased, tattooed
▼ + stars: | 2023-08-30 | by ( Scottsdale | ) www.reuters.com time to read: +34 min

Reuters also interviewed 63 current and former Axon employees, including nine former executives. No one with whom Reuters spoke was aware of deaths or lawsuits stemming from tasings of Axon staff. Axon has faced fewer lawsuits since 2009, the year it introduced a new Taser model with a lower charge. Screenshots from an Axon promotional video show CEO Rick Smith taking a Taser hit in 1993, the year he co-founded the business. And that’s off-putting.”Gorman, the former Axon lawyer, said he “vividly” remembers an executive asking him if he was going to be tased.

Persons: Ross Blank, Blank, Steve Tuttle, Shawn Gorman, ”, Jennifer Chatman, Rick Smith, Andrea James, ” James, Axon’s, tasings, ” Blank, Tuttle, Staff tasings, “, Valencia Gibson, Gibson, Reuters –, Axon’s “, Bro, Josh Isner, Isner, James, –, Ann Rosenthal, Rosenthal, ” Rosenthal, Sigma Chi, Smith, ” Smith, ” Michael Church, Hans Marrero, Marrero, ” Marrero, “ I’m, ’ ” Smith, “ It’s, ” Gibson, ” ‘, impressionable, squinting, Keara, Rylan, Mihir Shah, ” Shah, Mario Barth, “ Willing, It’s, Isaiah Fields, Wayne Guay, Lamar Cousins, Cousins, Kevin De Rosa Jr, De Rosa, ” Isner, Smith’s, De Rosa bellowed, They’re, ” Gorman, You’re, Jeffrey Dastin, Paresh Dave Art, John Emerson, Julie Marquis Organizations: Enterprise Inc, Reuters, Haas School of Business, University of California, Staff, Scottsdale, Yorker, U.S . Securities, Exchange Commission, . Occupational Safety, Health Administration, federal, Safety, Health, Labor, Sigma, Harvard, Sigma Chi, Boston Magazine, Harvard’s Sigma Chi, U.S . Marine Corps, YouTube, Employment, Los, Keara Berlin, ” Employees, Los Angeles Police Department, Wharton School, University of Pennsylvania, strapping, Culture Locations: Berkeley, Rome, United States, Arizona, U.S, Las Vegas, Los Angeles, “, Berlin, Sacramento, San Jose , California, tasings, Mandalay, Scottsdale, wasn’t

☆ It’s Official: Stores Can No Longer Sell Most Incandescent Lights
▼ + stars: | 2023-08-01 | by ( Hiroko Tabuchi | More About Hiroko Tabuchi | ) www.nytimes.com time to read: +1 min

And a few specialized kinds of incandescent bulbs — like those that go inside ovens, and bug lights — are exempt. But most if not all other incandescents will struggle to meet the new efficiency standards, and the same goes for a more recent generation of halogen lights. “Going from an incandescent to an LED is like replacing a car that gets 25 miles per gallon with another one that gets 130 m.p.g.,” he said. With the new rules in place, the Department of Energy expects Americans to collectively save nearly $3 billion a year on their utility bills. In the past, a knock on LEDs was that they were more expensive to buy, but prices for LED bulbs have fallen rapidly to near parity with incandescents.

Persons: ”, Lucas Davis, “ Organizations: “ Energy, Haas School of Business, University of California, Department of Energy, Research, Energy Department Locations: Berkeley

☆ 3 California universities are in the top 10 for churning out startup founders who have gotten funding since 2022
▼ + stars: | 2023-06-06 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +3 min

Stanford, UCLA and USC are in the top 10 schools with grads who have gotten private startup funding. Stanford University, the University of California, Berkeley, and the University of Southern California rank among some of the top schools to produce startup founders that recently got private funding, according to Crunchbase. Other California-based colleges to make the list of schools include the University of California, Los Angeles, University of California, San Diego, and the California Institute of Technology. The data also details the business schools that some of the startup founders attended. The fact that hundreds of new startup founders have been able to secure funding is a bit surprising considering the current state of the venture capital industry.

Persons: grads, Crunchbase, Larry Page, Sergey Brin, Apple, Steve Wozniak, Gordon Moore, Marc Benioff, That's Organizations: Stanford, UCLA, USC, Morning, Stanford University, University of California, University of Southern, Berkeley, Los Angeles , University of California, California Institute of Technology, Stanford Business School, UCLA Anderson School of Management, Haas School of Business, Google, Intel, Salesforce, Tech, Venture Locations: Six California, Berkeley, University of Southern California, California, Los Angeles, San Diego, North America

☆ Russia is facing stagnating innovation, more dependence on China, and will become a state-led economy as war in Ukraine drags on, economists say
▼ + stars: | 2023-04-08 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +5 min

Experts weighed in on how Russia's war effort is impacting its economy a year after the invasion of Ukraine. The longer the conflict persists the more likely Russia is to depend on China for resources, experts said. Economists says the country will be facing a myriad of obstacles, including a slowdown of productivity and diminished innovation. A more state-led economyAs sanctions weigh on its economy, Russia has been undergoing a structural transformation to become self-sufficient. Nichols added: "I firmly believe that someday Russia will be a productive member of the global community and global economy.

☆ Retail CEO crisis: With recent shakeups at Kohl's, Adidas, Dollar General, and more, the industry's top job is suddenly the hardest to fill
▼ + stars: | 2023-02-11 | by ( Matthew Kish | Avery Hartmans | ) www.businessinsider.com time to read: +8 min

It's the surest sign yet of a crisis facing the retail industry. Supply chains got snarled, shoppers stopped visiting stores, and stimulus payments spiked demand, each making it difficult to measure how business was doing. Then stimulus payments sent demand for everything from sneakers to home goods spiking while supply chains snarled. And just when supply chains started to sort themselves out, inflation hit, and shoppers started to scale back spending. Retail CEOs need 'peripheral vision'Workers at Starbucks stores and Amazon warehouses across the country have pushed to unionize, with many calling out the pay disparity between front-line workers and top executives.

☆ Retail CEO crisis: why the industry's top job is suddenly the hardest to fill
▼ + stars: | 2023-01-23 | by ( Matthew Kish | Avery Hartmans | ) www.businessinsider.com time to read: +8 min

☆ Delivering bad news to your coworkers is never easy. College classes and executive coaches are trying to teach how to do it.
▼ + stars: | 2022-12-01 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

He hoped to learn how to better manage business success, business failure, and his mental health. He added: "Because a lot of those are what contributes to the difficulty in mental health for founders." "As a founder, balancing mental health and the success of the company almost seem opposite," Yan said. "Small triggers may affect your mental health," like when cofounders are angry at one another or when the staff is underperforming, he said. "When you don't deal directly with problematic employees, you're sending the clear message to others that their work doesn't matter," she said.

☆ Business school salaries revealed: Here's how much MBA graduates make post-graduation
▼ + stars: | 2022-11-08 | by ( Rachel Durose | Rebecca Knight | ) www.businessinsider.com time to read: +2 min

The best business programs in the country come with high price tags, even when offered virtually. Here are the latest salaries — including signing bonuses — of eight top business schools. Business school is an exciting prospect for ambitious professionals or aspiring entrepreneurs looking to level up their careers — and salaries. Those willing to pay the high cost of business school, are likely to earn equally high salaries post-graduation; making six-figures a year in industries such as financial services, consulting, investment banking, and technology. Insider used US News & World Report's list of best business schools for 2023 to rank the MBA programs.

☆ When he's not starring on Love is Blind, Berkeley Haas' Sikiru 'SK' Alagbada likes to invest in startups. Here's what he looks for.
▼ + stars: | 2022-11-07 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +6 min

"Love Is Blind" contestant Sikiru "SK" Alagbada got into UC Berkeley's MBA program in 2021. Alagbada worked as a data engineer and is now the co-chair of LAUNCH, the UC startup accelerator. "It's almost like a mini-YC," he said, referring to the famous Silicon Valley startup accelerator, Y Combinator. He looks for startups that have a clear "founder-market fit," whether it's in terms of technical expertise or a strong network, Alagbada told Insider. When it comes to his personal investing, Alagbada prioritizes startups based in Africa.

☆ Middle-aged women are seen as less 'nice' than men and it's probably costing them high-paying jobs, a new paper found
▼ + stars: | 2022-11-01 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +6 min

Middle-aged women are seen as less "nice" than men at work, a new research paper found. Although middle-aged women are considered more competent, they rank lower on traits like "warmth." Middle-aged women are seen as less "nice" at work than middle-aged men, a new research paper has found. Middle-aged women were seen as less warm. These perceptions hold middle-aged women back at workAnother study in the paper showed that middle-aged women being seen as less "nice" or "warm" resulted in more negative performance evaluations.

☆ It's actually subordinate men who are more likely to flirt to get ahead at work, according to a new paper
▼ + stars: | 2022-09-26 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

Subordinate men were more likely than women to flirt to get ahead at work, researchers found. Men are more likely to leverage sexual behavior on female bosses for their own gains, they said. Men in subordinate positions at work are more likely to flirt with female bosses to feel powerful, according to a new research paper. Men who were paired with female bosses were much more likely to choose social sexual questions than female subordinates, male bosses, and female bosses. In fact, it's the opposite and this gender difference in social sexual behavior can be explained in part by men's stronger identification as flirts."

☆ The pros and cons of going to graduate school right now, according to academic and business experts
▼ + stars: | 2020-07-09 | by ( Robin Madell | ) www.businessinsider.com time to read: +13 min

Due to the current job market, many recent college graduates are considering going back to school. Could now be a smart time to put your job search on ice and shift gears to graduate school? The prosYou avoid entering a limited job market and possibly stunting your compensationPatrick Mullane, executive director of Harvard Business School Online, explained one benefit of going to graduate school while the economy isn't robust. J. Celeste Walley-Jean, dean at Clayton State University's School of Graduate Studies & Inclusive Engagement, noted that another indicator that the timing may be right to attend graduate school is cost. "If you just graduated and can't find a job, grad school might seem like a great way to ride out the recession.

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