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Your personality type determines your paycheck

Your personality type determines your paycheck | Management and Economy | Scoop.it
Your personality type has a dramatic effect on your compensation, according to a new study.
Bryce Wettstein's insight:

This was an interesting article relating your personality type to your earning potential. It uses the Myers-Briggs Personality Test to divide everyone into 16 personality types, and then maps them out in 3 different types of graphs. The first graph shows how the U.S. as a whole breaks down into the different personality types and splits them into 4 main group: guardian, idealist, rationalist, and artisan. In this graph, guardian was the majority at about 46%. The second graph maps out how far each personality type typically gets in their educational career (rationalists were the only group to get as far as a Bachelor's degree), and the third breaks down the personality types into earnings (again rationalists won by a huge margin).

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Five Essentials of Strategic Planning

A culture of strategic planning can provide a framework for aligning priorities, making decisions, allocating resources, and measuring impact.

Via Don Dea
Bryce Wettstein's insight:

This article listed five essentials for strategic planning. It spoke about how the strategic plan needs to start at the top with the executives and CEO's, and then goes into how the whole organization needs to be able to buy in and have a voice. You must then start building around that plan by using empoyees with expertise. Everything must align and follow the plan, but you have to also be flexible with that plan if certain issues begin to arise.

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Don Dea's curator insight, November 23, 2013 10:31 PM

Here are the five essentials of strategic planning that nonprofits large or small can employ to transform their organization.

  1. Begin at the top. For us, it was about preserving a legacy by allowing us to propel forward, thinking bigger but within the context of a unified vision, mission, and values. The commitment to “The Longwood Way” begins with the board, CEO, and senior leadership; the senior-most leaders live, breathe, and demonstrate actionable commitment to the planning process. Strategic planning will never succeed if leaders delegate it. It begins at the top. In year one of our strategic plan, we set on accomplishing more than 150 tasks associated with strategies that fell under five core objectives. With executive and senior team leadership driving the strategy and explaining the “why” behind each task, we accomplished all that we aimed to do 12 months.
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5 Tips on Developing an Effective Mission Statement | Inc.com

5 Tips on Developing an Effective Mission Statement | Inc.com | Management and Economy | Scoop.it
Too many company mission statements don't follow the few simple rules necessary to be truly effective and memorable. Here are five tips on writing a mission statement that is clear to customers—and employees.
Bryce Wettstein's insight:

This article gives 5 tips for developing a strong mission statement. One key fact that is repeated is that a mission statement should only be one or two sentences, and should be simple and to-the-point. It mentions four key elements that are typically found in successful mission statements: value, inspiration, plausibility, and specificity. I says to find one key theme for your company and the 4 key elements revolve around it. It also says to consider a short-term vs. long-term approach, test it before implementing it, and revisit it because it might need updates as time goes on and circumstances change.

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Rescooped by Bryce Wettstein from Public Relations & Social Media Insight
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#Ethics in an Age of Social Media & Public Conversations | Deirdre Breakenridge

#Ethics in an Age of Social Media & Public Conversations | Deirdre Breakenridge | Management and Economy | Scoop.it

In an age of public conversations, ethical decision making and accurate communications are top of mind for the PR professional. With the public accessing social media for their news and information, the topic of ethics is even more prominent.

 

The major professional associations provide a Code of Ethics to educate and guide PR professionals on the subject. However, with the shifting media landscape and technology advancing rapidly, communications ethics are challenged....


Via Jeff Domansky
Bryce Wettstein's insight:

This article involved a interview with Dr. Shannon Bowen, an Associate Professor in the School of Journalism and Mass Communications at the University of South Carolina. She talks about how it is becoming increasingly more important in this age of social media to be conscious about how ethical we as a society need to be regarding posts on social media. It mentions that we need to consider three angles: "responsibility to moral principle, maintaining the dignity and respect of all publics, and proceeding with good intentions."

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Deanna Moore's curator insight, September 12, 2013 1:22 PM

Ethics in the Public Relations field are extremely important and the only way to maintain a good relationship in this field is to ensure that each party has the same values and understandings. When it comes to the social media it is important that these ethics are followed because things travel so fast through the web that one it is sent out, its impossible to take back. Anyone in the industry of Public Relations, marketing, politics and so on has to keep in mind that anything and everything that is posted from their accounts are being viewed and most importantly they are being judged by everyone they are working with.

Ashleigh Dawley's curator insight, September 30, 2013 1:22 PM

Really loves how this article addresses the idea of ethics in our media driven society. Not only has this become an issue  in more recept years because literally EVERYTHING can end up online, but also how we can address. Because conversations have become more and more public, the idea  of how that has changed how we view ethics needs to be revisited.

Shelby Stephens's curator insight, October 1, 2013 3:47 PM

An article that connects two of our future course concepts about ethics and social media.

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Leadership Lessons From a Dysfunctional Congress

The government shutdown shows leaders exactly how they should not behave when faced with doubters.
Bryce Wettstein's insight:

With all of the talk regarding the government shutdown, I figured this article would be appropriate. As rediculous as this shutdown is, their are some lessons that can be learned from these politicians, even if they seem incompetent. This article highlights a few leadership lessons that we can learn from these politicians' mistakes. It highlights ways to appeal to the dissenting side, when to realize whether to negotiate or not, being aware about who you're surrounding yourself with, and keeping your ego out of your decisions.

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NIKE, Inc. - Sustainable Business Report

NIKE, Inc. - Sustainable Business Report | Management and Economy | Scoop.it
Nike shares its sustainable business and innovation work with interactive experiences and updates on strategy, approach and performance, as well as targets that both make today better and design the future.
Bryce Wettstein's insight:

This article talks about Nike's employees and how they try to give them a great working experience to motivate them. It talks about managers and leaders being "levers for accelerating the company's growth," and how they can be a '"talent multiplier" by engaging their emplyees in a way that helps them produce better and more relevant work.' Nike states that it is important for their leaders to be role models who inspire their teams.

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Dealing with Ambiguity: The New Business Imperative

Dealing with Ambiguity: The New Business Imperative | Management and Economy | Scoop.it

Via Daniel Watson
Bryce Wettstein's insight:

This is a great article about how to deal with ambiguity in a business. It gives a few tips on different ways to cope with uncertainty and to aid with decision-making during those stressful times. It also talks about not being afraid to be wrong, and that when you are wrong, first fix the problem and then frame it as a learning opportunity instead of dwelling on the negative. Especially important is #8 which speaks on "gut feelings" and how to listen to them.

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John Michel's curator insight, September 1, 2013 11:55 AM

Every day that passes we need to deal with an increasing amount of ambiguity. Ambiguity creates complexity and means decision making is difficult. Ambiguity creates uncertainty and stress. However, to be successful in business today you need to be good at dealing with ambiguity. How well do you deal with it?

Sigrid de Kaste's curator insight, September 1, 2013 3:55 PM

Yes...definitely essential for business owners to become skilled at dealing with many faceted projects and products...how are you coping?

Jenny Ebermann's curator insight, September 4, 2013 1:09 PM

This is exactly what you will learn when immersing yourself into Personal Leadership (PL). Definitely not easy but worth a try!

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Four Emotional Drivers for Employee Engagement

Four Emotional Drivers for Employee Engagement | Management and Economy | Scoop.it

Via Daniel Watson
Bryce Wettstein's insight:

"Management is the opportunity to help people become better people. Practiced that way, it's a magnificent profession." - Professor Clay Christensen

 

I think this quote is an excellent supplement to the article. The article talks about four different emotional drivers that motivate employees, and how their morale affects their overall performance. If a manager is able to satisfy these emotional drivers, it develops positive employee engagement in the workplace.

 

This is a great example of the behavioral approach to management, which stresses group dynamic and leadership, social needs as primary motivating factors, and focuses more on the human side of an organization.

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Louise Startin's curator insight, September 5, 2013 3:54 AM

interesting article backed by research - does it ring bells with you as an employee / employer...?

Carol Sherriff's curator insight, September 7, 2013 8:36 AM

I like the simplicity of the model suggested - prompts thought - but on reflection it is to simplistic. People are differently motivated within each of the four headings. I tend to use Archetypes or NLP frames of reference when working with a group on motivation/

Terence R. Egan's curator insight, July 5, 6:32 PM


Now, how can the principles of Behavioral Economics be employed in the workplace in order to optimize the attainment of the four emotional drivers?

 

For example, studies have shown that sharing unique, or even risky activities can considerably enhance bonding and teamwork. This has been shown to be true whether between lovers (or prospective lovers), colleagues, or both (although that last one is purely my own speculation!).

 

How can Behavioral Economics inform us on the attainment of the other three emotional drivers?   

Rescooped by Bryce Wettstein from Littlebytesnews Current Events
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Hacking Worries Lift Cyber Security Stocks

Hacking Worries Lift Cyber Security Stocks | Management and Economy | Scoop.it
Shares of Symantec, Checkpoint, and Mellanox rose as worries about hacking continue to persist.

Via littlebytesnews
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littlebytesnews's curator insight, August 28, 2013 10:29 AM

The NYT and Twitter are reportedly still suffering hacker attacks this week, last week it was the NY Stock Exchange and before that it was Amazon....is it the Syrian Electronic Army or is China behind it as well??

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5 Tips For An Awesome B2B Social Media Marketing Strategy - Business 2 Community

5 Tips For An Awesome B2B Social Media Marketing Strategy - Business 2 Community | Management and Economy | Scoop.it
Bryce Wettstein's insight:

This article gives some tips regarding B2B social networking by incorporating traditional marketing plans. It talks about knowing what your goals are, using SWOT analysis to assess your situation, analyze your market, become an influencer to keep your business relevant, implement a plan by knowing what you need to do and where to do it, and then find a way to evaluate your plan with metrics to find out what is working and what is not.

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Your personality type determines your paycheck

Your personality type determines your paycheck | Management and Economy | Scoop.it
Your personality type has a dramatic effect on your compensation, according to a new study.
Bryce Wettstein's insight:

This was an interesting article relating your personality type to your earning potential. It uses the Myers-Briggs Personality Test to divide everyone into 16 personality types, and then maps them out in 3 different types of graphs. The first graph shows how the U.S. as a whole breaks down into the different personality types and splits them into 4 main group: guardian, idealist, rationalist, and artisan. In this graph, guardian was the majority at about 46%. The second graph maps out how far each personality type typically gets in their educational career (rationalists were the only group to get as far as a Bachelor's degree), and the third breaks down the personality types into earnings (again rationalists won by a huge margin).

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Rescooped by Bryce Wettstein from Integrity and Ethics in Business Development and Sales
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Resolving an Ethical Dilemma


Via Joseph Olewitz
Bryce Wettstein's insight:

This is a 3-step method on resolving ethical dilemmas. It closely relates to the criteria discussed in my Ethics class, which basically says to analyze the actions, determine the consequences (good or bad), and then use those tools to make a decision.

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Joseph Olewitz's curator insight, July 23, 2013 2:20 PM

Who knew there could be a methodology? This three-step process to guide us in resolving an ethical dilemma is a good beginning

IPAGprof's curator insight, July 27, 2013 3:11 AM

Though some of the examples are a little dated (some readers may like to replace 'VCR' with 'smartphone' for example!), this is a neat little outline of the steps we can take when confronted with a dilemma.

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A Simple Step to Improve Teamwork at Your Workplace

A Simple Step to Improve Teamwork at Your Workplace | Management and Economy | Scoop.it
Bryce Wettstein's insight:

This is a brief article about one small step that could potentially improve teamwork in the workplace. The idea is to creat a culture in which teamwork is part of everyone's performance expectations, and that their willingness and ableness to contribute to the team is routinely discussed. It says, "if you want teamwork to be a priorit, then you as a leader must make it so." If there is already a problem with teamwork in the workplace, then you must be aware that spontaneously implementing new performance standards and behavior expectations could possibly be met with criticism and lower morale. Instead, it is recommended to discuss with the team what ideal teamwork looks like, compare the current approach with the ideal approach to figure out the gap that is missing, and then have the team figure out new actions and ways of thinking to eventually close the gap. In this way, the team "buys-in" to the new philosophy. 

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The Plague Of The Pessimist Leader: 8 Tips To Make You More Optimistic Today

The Plague Of The Pessimist Leader: 8 Tips To Make You More Optimistic Today | Management and Economy | Scoop.it
Are you a pessimistic leader? There is hope.

Via Susan Bainbridge, Melissa St Hill
Bryce Wettstein's insight:

This article highlights the benefits of being an optimistic leader in terms of overall happiness and motivation within the workplace. Optimistic leaders tend to receive better production and morale from their employees. This article highlights some tips for becoming or improving optimistic leadership. Their is a great graphical representation of overall leadership effectivenss in relation to optimism perceived by others near the bottom of the article.

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John Michel's curator insight, September 5, 2013 7:53 PM

Leaders who feel their pessimism motivates employees to work harder will find it very hard to reach difficult goals. The workplace already has too many cynics and doubters. Leaders need to create a hopeful environment that inspires employees to do the impossible. These eight behaviors will change your workplace environment and help others see you as a more optimistic leader.

Don Cloud's curator insight, September 6, 2013 3:48 AM

Leaders exude eternal optimism, especially when faced with daunting challenges and problems.  But to clarify, it's not enough just to have a positive attitude -- it's more about shaping perspective and guiding people on what they can do to turn around a bad situation.  It's replacing hopelessness after getting knocked down with how to take the hit and then stand back up and fight.  It is in mobilizing positive action and direction that optimistic leadership works.

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12 Most Nifty Networking Tips

12 Most Nifty Networking Tips | Management and Economy | Scoop.it

Via Daniel Watson
Bryce Wettstein's insight:

This is a great article regarding leadership in a networking setting. It gives a great insight in how to emerge as a leader, and highlights different strategies to increase your effectiveness when networking with different individuals.

 

It is a good example of transformational leadership, in which you focus not only on your own well-being and improvement, but the well-being of the people you are networking with as well.

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360Logica's comment, September 6, 2013 9:58 AM
good and nice points!
360Logica's curator insight, September 6, 2013 9:59 AM

handy tips!

Lynne M. Williams BS, MA, ABD★'s curator insight, September 29, 2013 8:11 AM

Great article! Didn't know about #9 - wear your name tag on the right hand side!

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MIT: 10 Breakthrough Technologies 2013 you should know about

MIT: 10 Breakthrough Technologies 2013 you should know about | Management and Economy | Scoop.it

MIT's definition of a breakthrough is simple: an advance that gives people powerful new ways to use technology. It could be an intuitive design that provides a useful interface (e.g., “Smart Watches”) or experimental devices that could allow people who have suffered brain damage to once again form memories (“Memory Implants”). Some could be key to sustainable economic growth (“Additive Manufacturing” and “Supergrids”), while others could change how we communicate (“Temporary Social Media”) or think about the unborn (“Prenatal DNA Sequencing”). Some are brilliant feats of engineering (“Baxter”), whereas others stem from attempts to rethink longstanding problems in their fields (“Deep Learning” and “Ultra-Efficient Solar Power”). As a whole, this annual list not only tells you which technologies you need to know about, but also celebrates the creativity that produced them.

 


Via Dr. Stefan Gruenwald, Marty Koenig
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Jean HAGUET's curator insight, August 30, 2013 6:56 AM

Very eclectic and enlightening!

Sieg Holle's curator insight, August 30, 2013 8:28 AM

technology - the great equalizer 

wallemac's comment, August 30, 2013 2:08 PM
great to see two solar verticles included in the top 10 - PV Solar and Supergrids