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☆ Being nice may be the reason you're not getting promoted at work
  + stars: | 2024-06-27 | by ( Lindsay Dodgson | ) www.businessinsider.com   time to read: +8 min
Read previewIf you're good at your job and have a nice personality, you'll never get promoted. Mary McConner, the founder and CEO of Inclusive Excellence Consulting, told BI this is when high performers get overloaded with work because they are reliable. Advertisement"Unfortunately, performance punishment often leads to burnout and resentment because their good work isn't rewarded with advancement, but with more work," McConner said. Being nice but ballsy can pay offLuke Blaney, the managing director of the recruitment agency ARx, told BI there is "a lot of truth in the whole 'nice guys finish last' saying." She told BI that she thinks the notion of being a tough leader is "completely outdated."
Persons: —, you'll, Jacqueline Morris, Morris, jacqueline, Paul Bramson, Bramson, Cameron Anderson, Mary McConner, isn't, McConner, Mary Barnes, Barnes, Lawrence J, Peter, Luke Blaney, aren't, Blaney, it's, Carolina Caro, " Caro, Caro Organizations: Service, Business, Paul Bramson Companies, Universities of, University of Notre Dame, Cornell University, University of Western, National Academy of Sciences, University of California, Consulting, Partners Locations: Universities of Bristol , Minnesota, Heidelberg, University of Western Ontario, Berkeley, Canadian
☆ Exclusive: Barclays eyes smaller units for growth in strategic review, risks investor ire
  + stars: | 2023-07-12 | by ( Sinead Cruise Lawrence White Stefania Spezzati | Sinead Cruise | Lawrence White | ) www.reuters.com   time to read: +7 min
Another source inside Barclays' investment bank, talking anonymously because they are not authorised to speak to the media, said lower staff attrition at its technology and back office operations had started to worry cost-conscious managers. The BCG review could lead to layoffs, the source familiar with the review said, although no decisions have been made. Some top Barclays investors, however, told Reuters they would have misgivings about a plan to prioritise investment over capital distributions. But a recent shake-up at its investment bank has raised concern about Barclays' ability to compete amid a worldwide dealmaking slump. They are not valued properly together," said Alan Beaney, chief executive at RC Brown Investment Management, which has held Barclays shares since 2012.
Persons: C.S, shivers, Richard Marwood, Venkat, Edward Bramson, Richard Buxton, Alan Beaney, Elisa Martinuzzi, Mark Potter Organizations: Barclays, Boston Consulting, Reuters, Royal London Asset Management, Lehman Brothers, Jupiter Asset, RC Brown Investment Management, BNP, HSBC, Reuters Graphics Barclays, Jefferies, Thomson Locations: U.S, Africa
☆ Former investor questions Barclays vetting of ex-CEO over Epstein
  + stars: | 2023-04-21 | by ( ) www.reuters.com   time to read: +2 min
LONDON, April 21 (Reuters) - Former Barclays (BARC.L) investor Edward Bramson on Friday questioned how the British bank and its chairman Nigel Higgins vetted its ex-CEO Jes Staley over his earlier business ties to sex trafficker Jeffrey Epstein. Staley has acknowledged having been friendly with Epstein, expressed regret for their relationship and denied knowing about his crimes. Staley, who joined Barclays 2015 and left in November 2021, is contesting the findings of an investigation by UK regulators into how he characterised his relationship with Epstein. Staley, who joined Barclays after more than 30 years at JP Morgan, has been named in two civil lawsuits against the U.S. bank for enabling and concealing Epstein's network. JP Morgan, in turn, has sued Staley over "outrageous" alleged conduct and breaching his duty of loyalty to the bank.
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