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Many people in education, from students to elected officials, see a college degree as a way to gain the skills needed … for a successful career. To develop these skills, students must choose suitable courses. This paper first identifies the … essential skills for professional and personal success. Then we advise students to avoid classes and majors that do not foster …
Persistent link: https://www.econbiz.de/10014359165
Persistent link: https://www.econbiz.de/10011811721
It is clear that people do not always behave in a rational manner. Sometimes they are presented with too much information or they may want to make a quick decision. This may cause them to rely on cognitive shortcuts known as heuristics (rules of thumb). These cognitive shortcuts often result in...
Persistent link: https://www.econbiz.de/10012957711
dollars in assets and millions of jobs. We present a set of lessons as teaching opportunities for today’s students and …
Persistent link: https://www.econbiz.de/10008488880
Scholars are noting a change in the way business is being conducted. Many firms -- one scholar estimates the number at 15% -- are concerned about values rather than focusing exclusively on maximizing profits. This new kind of capitalism considers factors such as societal needs, quality, needs of...
Persistent link: https://www.econbiz.de/10014159668
This paper explores some of the problems of offering a unidisciplinary major in a world where disciplines and technology are converging. The rules of the education game are being changed by MOOCs, company-administered classes, and certificate programs. A question being asked is why pay as much...
Persistent link: https://www.econbiz.de/10014159829
The world today is experiencing a leadership crisis. One thing is evident: The leadership style that worked in the industrial economy will not work today where integrity and creativity are crucial if an organization is to thrive. We live in an information/knowledge economy defined by...
Persistent link: https://www.econbiz.de/10014125183
Donald Trump has served as President of the United States for more than two years. His performance in office has provided many valuable lessons about leadership, especially about what not to do. This paper offers a partial list of leadership principles one can deduce from observing his...
Persistent link: https://www.econbiz.de/10014104660
Adam Smith demonstrated how self-interest and the “invisible hand” of the marketplace allocated scarce resources efficiently and promoted social welfare. Unfortunately, the invisible hand argument led to the belief that regulation is unnecessary and that “greed is good.” This paper uses...
Persistent link: https://www.econbiz.de/10014135129
The Internet has had a profound effect on the speed and global reach of competition, which has pushed the need for adaptivity to the forefront of corporate survival. Because of an unprecedented convergence of technologies, threats to companies can come from unexpected places. This necessitates a...
Persistent link: https://www.econbiz.de/10014144382