by Lance Secretan
Business leaders are crying the blues about the so called, “shortage of talent”.
Tomas Chamorro-Premuzic, a Professor of Psychology at Columbia University, where he teaches MBA students, says that when he began teaching MBA students they all wanted to work for corporate giants like Goldman Sachs, IBM, and Unilever. A decade later, those names were more likely to be Google, Facebook, Apple and Amazon. But today, he says, MBA students no longer want anything to do with the corporate world at all. Continue reading
By Vivek Wadhwa for The Washington Post
Not long ago, schoolchildren chose what they wanted to be when they grew up, and later selected the best college they could gain admission to, spent years gaining proficiency in their fields, and joined a company that had a need for their skills. Careers lasted lifetimes.
Now, by my estimates, the half-life of a career is about 10 years. I expect that it will decrease, within a decade, to five years. Advancing technologies will cause so much disruption to almost every industry that entire professions will disappear. Continue reading
by Deborah Perry Piscione
One of my colleagues in Silicon Valley shared an experience with a programmer who wanted to work on a project. The programmer was quirky in the extreme; he wouldn’t look the project lead in the eye and spent most of his time staring intently at his own shoes. The interview was awkward, with the programmer talking at length about his video game play, while responses on work topics were monosyllabic.
It is remarkable, with so much knowledge of modern management practices, that only a small number of companies manage to generate significant revenue from new businesses. Surveys of senior executives indicate that only 6 percent are satisfied with their company’s innovation performance.