All posts tagged business
Twitter is promoting the “#WhyIKiva” hash tag in trending topics today! My buddy Santiago turned me to Kiva.org few weeks back, now I am financing 8 loans and with the goal of 15 loads by the of the 2011, and aiming for 30 in 2012.
Via Business Insider | CHART OF THE DAY: People Only Want iPads
Google is now in the big, crappy hardware manufacturing business. And it just increased its number of employees by 60%! That said, I bought a Motorola Xoom for work and really like it, hope Google can take it to the next level. I guess they are taking on Apple’s model — in order to build the best software, build your own hardware! Read more via Business Insider
There are many attempts to frame or build process around decision making, but teaching the science of of decision making sometimes lead to over thinking, especially in thousands of day-to-day situations. The daily debt of over thinking in micro-decisions typically leads to frustration, anxiety and indecisiveness that will become major mental roadblocks in many promising careers. In the few tips shared by 99%.com, it first starts with identification of Satisficers vs Maximizers:
Satisficers are those who make a decision or take action once their criteria are met. That doesn’t mean they’ll settle for mediocrity; their criteria can be very high; but as soon as they find the car, the hotel, or the pasta sauce that has the qualities they want, they’re satisfied.
Maximizers want to make the optimal decision. So even if they see a bicycle or a photographer that would seem to meet their requirements, they can’t make a decision until after they’ve examined every option, so they know they’re making the best possible choice…
In a fascinating book, The Paradox of Choice, Barry Schwartz argues that satisficers tend to be happier than maximizers. Maximizers must spend a lot more time and energy to reach a decision, and they’re often anxious about whether they are, in fact, making the best choice.
There are many more helpful tips with this post such as using 3 different kinds of intuition, trusting self/other experiences and the value of picking your battles!
Be bold and make decisions!
“The learning that you do in an MBA program is different and opens your eyes up to the management-type issues and challenges,” notes Cheri Butler, president-elect of the National Career Development Association and associate director of career services at the University of Texas at Arlington.
One such graduate is Cameron Colby Thomson, co-founder and CEO of the Lincoln-based financial software firm Allied Strategy.
“All three of our founders stayed on campus to participate in the MBA program while we launched the company,” Thomson says. “Our fellowships covered our costs, the MBA added relevant skill, and [it] served as a backup plan if we failed to get launched. It was really a very good deal.”
Without their MBAs, Thomson and his co-founders would have needed to hire a CEO or CFO, he points out, “and may not have had the business knowledge to fully develop our business plan [and] negotiate investment terms.
“We also may not have known to fire our first four accountants and lawyers. It’s hard to put an exact value on an upgrade in thinking,” he concludes.
Via IEEE Computer Society | How Useful Is an MBA?