New CEOs take note – You can now keep your job by raising your social game

A new study shows that two key factors can make freshly appointed CEOs more vulnerable and raise the odds they’ll get fired. The job security of a new CEO tends to suffer when the stock market reacts badly or when the previous CEO stays on as board chair, according to the study by Rice University and Peking University management experts. But the study found that the new CEO can overcome these challenges with what researchers call “social influence behaviors.” The study’s authors used computer programs to analyze transcripts of new CEOs’ conference calls with securities analysts. They found that CEOs … Continue reading New CEOs take note – You can now keep your job by raising your social game

The language-ready brain and its complexities

  The capacity for language is distinctly human. It allows us to communicate, learn things, create culture, and think better. Because of its complexity, scientists have long struggled to understand the neurobiology of language. In the classical view, there are two major language areas in the left half of our brain. Broca’s area (in the frontal lobe) is responsible for the production of language (speaking and writing), while Wernicke’s area (in the temporal lobe) supports the comprehension of language (listening and reading). A large fibre tract (the arcuate fasciculus) connects these two ‘perisylvian’ areas (around the Sylvian fissure, the split … Continue reading The language-ready brain and its complexities

Executive career: Failing early in your career is key to your future professional success

Scientists at Northwestern University’s Kellogg School of Management have established a causal relationship between failure and future success, proving German philosopher Friedrich Nietzsche’s adage that: “what does not kill me makes me stronger” The researchers utilized advanced analytics to assess the relationship between professional failure and success for young scientists. They found, in contrast to their initial expectations, that failure early in one’s career leads to greater success in the long term for those who try again. “The attrition rate does increase for those who fail early in their careers,” lead author Yang Wang said. “But those who stick it … Continue reading Executive career: Failing early in your career is key to your future professional success

Stephen Schwarzman’s Rules for Life and Work (11 to 20)

  Believe in something greater than yourself and your personal needs. It can be your company, your country or a duty for service. Any challenge you tackle that is inspired by your beliefs and core values will be worth it, regardless of whether you succeed or fail. Never deviate from sense of right and wrong. Your integrity must be unquestionable. It is easy to do what’s right when you don’t have to write a check or suffer any consequences. It’s harder when you have to give something up. Always do what you say you will and never mislead anyone for … Continue reading Stephen Schwarzman’s Rules for Life and Work (11 to 20)

Stephen Schwarzman’s Rules for Work and Life (10 out of 25)

It’s as easy to do something big as it is to do something small, so reach for a fantasy worthy of your pursuit, with rewards commensurate to your effort. The best executives are made, not born. They never stop learning. Study the people and organizations in your life that have had enormous success. They offer a free course from the real world to help you improve. Write to call the people you admire, and ask for advice or a meeting. You will never know who will be willing to meet with you. You may end up learning something important or … Continue reading Stephen Schwarzman’s Rules for Work and Life (10 out of 25)

Executive Human Capital: Workplace diversity contradiction

A lot of matters pertaining to diversity in the workplace are highly lacking in practice. A new study shows that people tend to favor diversity for others, but prefer to work with people who are as similar to themselves as possible. A team of researchers from the universities of Basel and Koblenz-Landau published their report in the Journal of Experimental Social Psychology. Today, many large corporations tout the importance of diversity on their websites, but current statistics show that the typical manager still tends to be white and male. Obviously, there is a dissonance between the desire to bring about … Continue reading Executive Human Capital: Workplace diversity contradiction