Bill Gross’ $200m pay ‘not appropriate’, says PIMCO trustee; William Popejoy blasts boss of world’s largest bond fund, saying Bill Gross’ salary could pay for 2,000 teachers

Bill Gross’ $200m pay ‘not appropriate’, says PIMCO trustee

William Popejoy blasts boss of world’s largest bond fund, saying Bill Gross’ salary could pay for 2,000 teachers

By Katherine Rushton

4:50PM GMT 11 Mar 2014

Bill Gross is under pressure on a new front, after one of the trustees of his Pacific Investment Management Company said he is overpaid. Read more of this post

TARTUP CEO: The Secret To Success Is Never Telling A Lie

STARTUP CEO: The Secret To Success Is Never Telling A Lie

JENNA GOUDREAU CAREERS  MAR. 12, 2014, 11:36 PM

Rebekah Campbell, founder and CEO of Posse

How many lies do you tell a day? Perhaps white lies to save an employee’s feelings, exaggerations to make yourself look better in front of your boss, or cherry picking the truth when dealing with clients? How many lies a day do you tell yourself? Read more of this post

The 17 Equations That Changed The Course Of History

The 17 Equations That Changed The Course Of History

ANDY KIERSZ FINANCE  MAR. 12, 2014, 11:38 PM

Mathematics is all around us, and it has shaped our understanding of the world in countless ways.

In 2013, mathematician and science author Ian Stewart published a book on 17 Equations That Changed The World. We recently came across this convenient table on Dr. Paul Coxon’s twitter account by mathematics tutor and blogger Larry Phillips that summarizes the equations. (Our explanation of each is below): Read more of this post

Designing the corporate headquarters can be pricey

March 10, 2014 4:56 pm

Designing the corporate headquarters can be pricey

By Andrew Baxter

©

Making a point: inside the Infosys campus in the Electronic City of Bangalore

Occupying a prime corner location on the Avenue des Champs-Elysées, Louis Vuitton’s Paris flagship store is pink and elegant, its terraced upper floors enhancing an aesthetic effect that says wealth, luxury and opulence to anyone passing by. Read more of this post

Hegarty on Creativity by Sir John Hegarty; “Creativity isn’t an occupation. It’s a preoccupation.”

March 12, 2014 3:45 pm

Hegarty on Creativity by Sir John Hegarty

By Henry Mance

Welcome back, vanity publishing – we have missed you. For a moment it looked like the concept would die in a digital age that gives everyone a platform for self-promotion. But rest assured, it is back with some new tricks. Read more of this post

The secret life of start-ups in Kansas City; Kansas City – often referred to locally as “KC” – has a history of entrepreneurship

LET’S LAUNCH IN…

March 11, 2014 4:04 pm

The secret life of start-ups in Kansas City

By Jonathan Moules

Kansas City – often referred to locally as “KC” – has a history of entrepreneurship. Hallmark Cards launched here in 1910, shortly before the United Telephone Company, which later became the telecoms group Sprint. These foundations are now being built on by some of the US’s most respected start-up enthusiasts. Read more of this post

Economic abstractions conceal the true contours of human life; No mathematical model can describe ‘the world as it really is’

March 11, 2014 6:50 pm

Economic abstractions conceal the true contours of human life

By John Kay

No mathematical model can describe ‘the world as it really is’

In Alan Greenspan’s recently published book, he argues that the economist’s assumption of rationality is inadequate to describe human behaviour, and that banks that are too big to fail are too big. These are not novel opinions; what is – mildly – significant is that it is Mr Greenspan who is expressing them. The former US Federal Reserve chairman also claims that government spending on Social Security and Medicare, the healthcare programme for the elderly, is drawn more or less dollar for dollar from business investment. And he thinks that economic forecasting is difficult. Read more of this post

Book Review: ‘GDP’ by Diane Coyle; Imagine deciding which nation produces what in a global supply chain. Or correcting price for quality improvements. The mind boggles

Book Review: ‘GDP’ by Diane Coyle

Imagine deciding which nation produces what in a global supply chain. Or correcting price for quality improvements. The mind boggles.

James Grant

Updated March 12, 2014 12:40 a.m. ET

Represented as a stack of $100 bills, America’s $17.1 trillion gross domestic product would weigh in at 188,000 tons. Only then would it be tangible. GDP, the most ubiquitous macroeconomic datum, is otherwise as abstract as the thing it purports to measure. You can’t see “the economy.” Neither can you touch or taste it. Reading this little charmer of a book, you begin to apprehend that you can’t really measure it either. Read more of this post

The New SAT Will Widen the Education Gap; Everyone who takes the test is measured against the same yardstick. That’s not true of high school grades

The New SAT Will Widen the Education Gap

Everyone who takes the test is measured against the same yardstick. That’s not true of high school grades.

RANDOLF ARGUELLES

March 11, 2014 7:02 p.m. ET

The College Board’s March 5 announcement that the SAT college-admissions exam will undergo a significant overhaul in 2016 has generated no shortage of commentary, some of it praising the changes as a “democratization” of the test. The College Board says it is expanding its outreach to low-income students and shifting from testing abstract-reasoning skills to evidence-based reading, writing and mathematical skills acquired in high school. Ultimately, the exam will look a lot more like the ACT, which has been taking away the SAT’s market share in recent years. Read more of this post

Email Enigma: When the Boss’s Reply Seems Cryptic; The confusion and frustration of a terse or silent response to a work question

Email Enigma: When the Boss’s Reply Seems Cryptic

The confusion and frustration of a terse or silent response to a work question

SUE SHELLENBARGER

Updated March 11, 2014 9:15 p.m. ET

After this email exchange, Marty Finkle, CEO of Scotwork North America, picked up the phone to call Jill Campen, a consultant. Read more of this post

Pixar’s Ed Catmull On How Disney Found Its Way To A Hit With Frozen

 PIXAR’S ED CATMULL ON HOW DISNEY FOUND ITS WAY TO A HIT WITH FROZEN

IN HIS BOOK, CREATIVITY INC., PIXAR PRESIDENT ED CATMULL DETAILS THE PIXAR BRAINTRUST–ONE OF HIS ESSENTIAL MANAGEMENT TOOLS. HERE, IN A WIDE-RANGING CONVERSATION WITH FAST COMPANY HE DESCRIBES HOW THOSE LESSONS HAVE BEEN EMBRACED BY DISNEY ANIMATION.

BY ED CATMULL Read more of this post