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☆ Successful people avoid this terrible advice, says bestselling 'Atomic Habits' author: It's 'a very common pitfall'
▼ + stars: | 2023-06-28 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

That's terrible advice, says bestselling author James Clear: Instead, you need to find 100 role models. In other words, the choices and actions that worked for your favorite business mogul or role model may not work for you. Clear's solution: Find a plethora of role models and assess the similarities between them. As you identify potential role models to add to your list, Murphy — who teaches about organizational behavior, leadership and negotiation — recommends asking questions like:How do they conduct themselves? 1 best piece of advice for regular investors, do's and don'ts, and three key investing principles into a clear and simple guidebook.

Persons: you've, James Clear, Adam Grant's, Wendy Murphy, Murphy —, Lisa Skeete Tatum, Landit, Tatum, she's, Warren Buffett Organizations: Babson College, Harvard, CNBC

☆ Opinion | Can Everyone Take a Sabbatical?
▼ + stars: | 2023-06-25 | by ( Tish Harrison Warren | ) www.nytimes.com time to read: +2 min

I spoke with a group of business people and other leaders of faith who have come to see sabbaticals as a crucial spiritual practice. It’s important to clarify what a sabbatical actually is. What a sabbatical looks like depends on the field. For clergy, sabbaticals provide a break from the intense relational and spiritual pressure of running a church or a nonprofit. For most people in academic fields, a sabbatical offers an opportunity to take a break from teaching in order to focus on research and other projects.

Persons: ” Kira Schabram, Matt Bloom, DJ DiDonna, ”, nix, sabbaticals, Sabbaticals Organizations: “, Harvard Business Locations: “

☆ Counteracting microaggressions with positive interactions at work seems obvious, yet we need to actually do it every day
▼ + stars: | 2023-06-19 | by ( Josée Rose | ) www.businessinsider.com time to read: +7 min

As a woman and a person of color, I've been on the receiving end of many microaggressions. "It's not enough to simply eliminate negative interactions — we also need to encourage positive ones." "Different microvalidations will be affirming for different people and in different circumstances, so it's important to know your audience and context." Trans people can also be on the receiving end of micoaggressions at work . For those on the receiving end, the comments can feel anything but "micro," according to a recent Forbes article.

Persons: I've, microaggressions, —, Robin Lakoff, microvalidations, it's, Slack, I'm, aren't, I Organizations: Harvard, Service, Harvard Business, University of California, Forbes Locations: microvalidations, Berkeley

☆ Don’t think of quitting as failure, says bestselling author: Highly successful people know when to give up
▼ + stars: | 2023-06-11 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Highly successful people often know exactly when to give up, according to bestselling author and former professional poker player Annie Duke. Sometimes, you see something that other people don't see," Duke, a decision-making consultant, recently told the Harvard Business Review's "On Strategy" podcast. "But sometimes, when the world is yelling at you to stop and you ignore them, that's no longer a virtue. People's fear of quitting stems from two different cognitive biases, Duke added: sunk-cost fallacy and "opportunity cost neglect." DON'T MISS: Want to be smarter and more successful with your money, work & life?

Persons: isn't, Annie Duke, Duke, it's, Simply, Jeff Bezos, Bezos, Warren Buffett Organizations: Harvard, Behavior, Organization, Amazon, Studios, Twitter

☆ Cancel That Brainstorm. There’s a Better Way to Spur Good Ideas.
▼ + stars: | 2023-05-18 | by ( Callum Borchers | ) www.wsj.com time to read: +5 min

The value of gathering to swap loosely formed thoughts is highly suspect, despite being a major reason many companies want workers back in offices. “You do not get your best ideas out of these freewheeling brainstorming sessions,” says Sheena Iyengar, a professor at Columbia Business School. He discovered that his 16-person team, now fully remote, thrives when people develop ideas on their own and can share them in writing. An Amazon spokesman adds that the company’s brainstorming sessions are sometimes unstructured but often begin with colleagues sharing well-researched memos, reducing time spent on ill-conceived ideas. Oh, he’s also noticed that the duds tend to come first, so to leave time for the good stuff, he prescribes two-hour meetings.

☆ Office Brainstorms Are a Waste of Time
▼ + stars: | 2023-05-18 | by ( Callum Borchers | ) www.wsj.com time to read: +5 min

Office wardrobe malfunctions? The value of gathering to swap loosely formed thoughts is highly suspect, despite being a major reason many companies want workers back in offices. “You do not get your best ideas out of these freewheeling brainstorming sessions,” says Sheena Iyengar, a professor at Columbia Business School. Mostly, though, grumblers have accepted such meetings as an inescapable office reality, like elevator Muzak and bad coffee. An Amazon spokesman adds that the company’s brainstorming sessions are sometimes unstructured but often begin with colleagues sharing well-researched memos, reducing time spent on ill-conceived ideas.

☆ 6 quick calendar tweaks that will help you get more done and optimize your daily routine
▼ + stars: | 2023-05-11 | by ( Tugba Yanaz | ) www.businessinsider.com time to read: +9 min

In my coaching and consulting practice, I work with leaders to create healthy routines to optimize their performance and well-being. Not urgent & important; schedule — You will want to schedule tasks that are important but less urgent for a later date. Urgent & not important; delegate — Assign urgent but less important tasks to others on your team. All your priorities must be reflected in your calendar, personal and professional. It's all about establishing a healthy relationship between your work and personal life and valuing both aspects.

☆ Tom Hanks used a popular productivity hack to write his first novel—here's how it works
▼ + stars: | 2023-05-04 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

With an Oscar-winning career spanning more than 80 films over four decades, Tom Hanks knows a thing or two about making movies. But when it came time for the 66-year-old to sit down and write his first novel, Hanks needed help. Despite employing the productivity boosting technique while writing his book, Hanks described his desire to write as nothing more than the pursuit of another creative outlet. "I just do writing," Hanks said. Hanks' novel will be released on May 9.

☆ Consultancies are coming off a pandemic boom. Are they still worth hiring?
▼ + stars: | 2023-04-27 | by ( Anna Cooban | ) edition.cnn.com time to read: +9 min

Management consultancies helped design vaccination programs during the pandemic and are currently providing advice on how to rescue one of the world’s biggest banks. The $230 billion management consulting industry is a broad church: it includes companies offering everything from project management expertise to designing new organizational structures. Many big firms — think EY and KPMG — also conduct audits and advise on their clients’ tax issues, though these services are generally seen as distinct from their consulting work. In The Big Con, published in February, prize-winning economist Mariana Mazzucato and her co-author Rosie Collington argue that management consultancies “infantilize” governments by keeping them dependent on their services. Nearly 80% of firms surveyed globally have told the think-tank that consultants’ work is either of high or very high quality, she noted.

☆ Tim Cook uses a 1-sentence mantra to process criticism—without it, he 'wouldn't be able to function'
▼ + stars: | 2023-04-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

When Cook took the helm of the tech giant in August 2011, he faced widespread skepticism that he could effectively fill Steve Jobs' shoes, he recently told GQ. The criticism didn't stop there — Cook has since faced backlash for his pay package, Apple's return to work policy and his idea of innovation. Cook even faced criticism from Jobs himself, according to Walter Isaacson's 2011 biography "Steve Jobs." Cook himself has a net worth of $1.9 billion, according to Forbes — much of that due to Apple's financial success. I think he was a once-in-a-hundred-years kind of individual, an original by any stretch of the imagination," Cook told GQ.

☆ The rise and fall of Allbirds: How Silicon Valley's favorite sneaker lost its edge — and how its plan to save itself includes removing a key part of your shoe
▼ + stars: | 2023-04-19 | by ( Matthew Kish | ) www.businessinsider.com time to read: 1 min

In 2016, Allbirds received B Corp certification, a designation given to companies that work to advance environmental and social causes, as well as shareholder concerns. AllbirdsFor Allbirds, the designation codified, "how we take into account the impact our actions have on all of our stakeholders, including the environment, our flock of employees, communities, consumers, and investors." Sources: Harvard Business Review, Allbirds S-1

☆ 4 reasons small businesses shouldn't skip out on advertising in local media
▼ + stars: | 2023-04-07 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +8 min

Small businesses that invest in local advertising can connect and engage with their communities. Local advertising is a way small businesses can support and partner with other businesses. Companies can help other small businessesAppearing in local media outlets that have been around for generations and are known and trusted in the community can elevate local businesses, Walker-Smith said. He also said that many local media outlets are also small businesses themselves, so advertising is a way of supporting the business community. Even if small businesses think local advertising is too expensive, Walker-Smith urged company owners to contact local media organizations about what options are available.

☆ Gary Vaynerchuk to managers: Forget a 4-day workweek. If you want to make your people happy, fire the jerks.
▼ + stars: | 2023-04-06 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +6 min

Gary Vaynerchuk said companies should fire the "assholes" creating "toxic" work environments. He has also said recently that companies need to appeal to Gen Z better, given their many work options. In TikToks posted this week, Vaynerchuk railed against "toxic work environments," slamming companies for retaining employees and management that compromise the "joy" of their staff members. "Joy doesn't come from four-hour workweeks," Vaynerchuk said in one video, seeming to reference the current movement for a four-day workweek. And Vaynerchuk is betting that people also want to be treated right while on the clock.

☆ Pepsi's new logo takes inspiration from its '90s design, tapping into Gen Z nostalgia for the era
▼ + stars: | 2023-03-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Pepsi unveiled a new logo on Tuesday, which closely resembles its '90s design. The redesign comes alongside rising popularity for the '90s era among Gen Zers. The old Pepsi logo, pictured in 1990. Jean-Erick PASQUIER/Gamma-Rapho via Getty ImagesBut taking inspiration from a previous design also comes as Gen Zers bring back several trends from the '90s. Burberry was among those companies, replacing its knight logo and serif font in 2018, before bringing them back in February this year.

☆ 'CEO whisperer' shares the simple brain trick he uses to make better decisions—it only takes 'a few minutes each day'
▼ + stars: | 2023-03-22 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Colonna, who's often referred to as the "CEO whisperer," has been preaching this theory for 20-plus years now. The process wasn't easy: It required him to confront traumas and "personal demons" that he'd been ignoring for years. Get comfortable with self-questioningColonna's radical self-inquiry process is simple, he says. "Spend a few minutes each day, but not the entire day, asking questions like how am I really feeling? The only catch, says Colonna: Hyper-analyzing yourself can sometimes feel like a "trap," because you can "get stuck" constantly evaluating yourself.

☆ TikTok and its CEO are fighting to save the app in the US
▼ + stars: | 2023-03-22 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +10 min

In his talk, Chew, the CEO of TikTok, said the social network would not provide US user data to the Chinese government and has never been asked to do so. Chew stressed the steps TikTok has taken to protect US user data. The Harvard event is just one of several media appearances Chew has made in recent weeks amid mounting scrutiny of TikTok and of himself. “It’s life or death for TikTok, from their perspective,” said Justin Sherman, the CEO of Global Cyber Strategies, D.C.-based research and advisory firm, who was among the researchers TikTok invited to be briefed on “Project Texas,” the company’s $1.5 billion initiative to address lawmakers’ security concerns. But for some lawmakers with security concerns, the latest push “may be too little too late.”In his TikTok video on Tuesday, Chew appealed directly to users of the app.

☆ 3 ways your business can survive an economic downturn without layoffs or marketing budget cuts
▼ + stars: | 2023-03-18 | by ( Joy Gendusa | ) www.businessinsider.com time to read: +9 min

It can be tempting to go straight to layoffs or cut marketing costs during an economic downturn. Losing new business to less marketing and laying off experienced staff you'll have to rehire are not the best ways to go. The better option is to find smart ways to continue marketing your products and services rather than stop marketing completely. Find ways to reduce expenses and maximize efficiencyYou'll have to get clever to weather an economic storm and come out strong. Review all areas of your business, and find ways to cut expenses, maximize efficiency, and keep marketing consistently.

CNN —Nearly two-and-a-half years after the Trump administration threatened to ban TikTok in the United States if it didn’t divest from its Chinese owners, the Biden administration is now doing the same. The new directive comes from the multiagency Committee on Foreign Investment in the United States (CFIUS), following years of negotiations between TikTok and the government body. “If protecting national security is the objective, divestment doesn’t solve the problem,” TikTok spokesperson Maureen Shanahan said in a statement. TikTok is really only a national security risk insofar as the Chinese government may have leverage over TikTok or its parent company. China has national security laws that require companies under its jurisdiction to cooperate with a broad range of security activities.

☆ Highly successful people use this soft skill, says 'CEO whisperer' Jerry Colonna—avoiding it 'is a prescription' for 'failure'
▼ + stars: | 2023-03-15 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Highly successful people possess a skill that helps them grow personally and professionally, says leadership coach Jerry Colonna: They excel at adapting to change. Colonna was even dubbed the "CEO whisperer" by Gimlet's "StartUp" podcast in 2015. "You have to meet each individual team member where they are, not drag them to where you are," he added. "Take a deep breath, take stock of the situation, and discuss it candidly" with your boss instead, Brassey and De Smet wrote. 1 best piece of advice for regular investors, do's and don'ts, and three key investing principles into a clear and simple guidebook.

☆ Hundreds of Amazon employees join a new Slack channel to support the company's return-to-office policy after 'sensing the danger' of others calling for permanent remote work
▼ + stars: | 2023-02-28 | by ( Eugene Kim | ) www.businessinsider.com time to read: +5 min

Some Amazon staff created a new Slack channel to support the company's new return-to-office mandate. The move came after thousands of employees joined a separate Slack channel opposing the RTO plan. Amazon employees are showing far more support for the Slack channel that opposes the new RTO policy. Hundreds of Amazon employees joined a new Slack channel last week that supports the company's new return-to-office policy, Insider has learned — just days after a much larger group of staff rushed to a separate Slack channel that's fighting against the RTO mandate. Still, remote work seems to have more support from Amazon employees, at least based on the number of people in each of the Slack channels.

☆ The age of most successful startup founders may surprise you. And no, it's not early 20s.
▼ + stars: | 2023-02-28 | by ( Madeline Garfinkle | ) www.businessinsider.com time to read: +3 min

Tales of young founders like Steve Jobs or Bill Gates have given the impression that youth is tied to success in Silicon Valley. But the average age of most successful startup founders is 42, according to Harvard Business Review. Researchers found that founders with work experience were more likely to be successful. Jeff Bezos was 30 when he founded Amazon. The success stories of young startup founders have in some ways given the impression that youth is tied to success in Silicon Valley.

☆ People who ask more questions are more popular, according to Harvard researchers. Here's how to ask the right ones.
▼ + stars: | 2023-02-27 | by ( Margaret Pan | ) www.businessinsider.com time to read: +5 min

Research by Harvard University examined the role of asking questions in interpersonal relationships. They also found the order of the questions you ask has a significant effect on how others respond. But what is it that makes a person likable? The research examined the role of asking questions in interpersonal relationships. In the online chats, the people randomly assigned to ask many questions were better liked by their conversation partners.

☆ I've been 'code-switching' my entire career, but experts say that shouldn't be a workplace norm—here's why
▼ + stars: | 2023-02-16 | by ( Ashton Jackson | ) www.cnbc.com time to read: +7 min

I started working at age 15 and since then, I've had two personas: workplace me and the real me. Here's how code-switching impacts Black professionals, and why experts say it shouldn't be a workplace norm. There's an expectation that you must speak standard English in order to navigate this world, navigate society, get a job, or get into school. "When I think of code-switching, I think of the words 'standard English.' I think of how the English language has basically been oppressed and pushed onto people," Cornell tells CNBC Make It.

☆ Biden's stock buyback tax isn't working. In State of the Union, he's asking Congress for more
▼ + stars: | 2023-02-07 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +14 min

In September 2021, Sen. Sherrod Brown (D-Ohio) and Sen. Ron Wyden (D-Oregon) proposed that stock buybacks should be taxed at 2%. Lazonick, who thought any minor buyback tax would be ineffective, says he has been proven correct. If a higher buyback tax is enacted, he is betting it will not have the outcomes that Democrats envision. While it's hard to see a higher tax getting passed in the current Congress, it does make sense for Biden to state his desire for 4%. Changing a buyback tax, though, might first prove harder.

☆ Israel's president became the first world leader to publicly use ChatGPT when he gave a speech partly written by the AI
▼ + stars: | 2023-02-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Isaac Herzog, the Israeli president, delivered a speech partly-written by ChatGPT on Wednesday. Herzog opened his speech with an intro written by ChatGPT. He then ended the speech with a ChatGPT generated "inspirational quote" about AI. During his speech, Herzog also emphasized that AI will not replace humans, despite using it to write part of it. The president also used ChatGPT to end his speech with an "inspirational quote," Sky News reported.

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