Bamboo Innovator

Keep four separate rooms, and your ‘crocodile brain’ in check: how to thrive while leading a family business

Keep four separate rooms, and your ‘crocodile brain’ in check: how to thrive while leading a family business

Published 27 February 2014 12:20, Updated 28 February 2014 11:56

Josh Baron and Rob Lachenauer

We’ve seen both ends of the spectrum. At one end are family executives who hate their jobs, their businesses and their families, who feel exhausted and underappreciated, and who want nothing more than to sell their businesses and get out. At the other are family executives who thrive with rewards that are richer and more profound than a leader of a publicly traded company could possibly derive. Their companies flourish, their kids prosper and their families have a collective purpose that unites them. Read more of this post

The Economic Case for a Nontraditional Career Path; the economic potential of individuals and America alike instead relies on risk takers who choose a different path

THE ECONOMIC CASE FOR A NONTRADITIONAL CAREER PATH

FOR MANY YOUNG PEOPLE, LAW SCHOOL OR A JOB IN FINANCE SEEMS LIKE A SAFE BET. IN HIS NEW BOOK, SMART PEOPLE SHOULD BUILD THINGS, VENTURE FOR AMERICA FOUNDER ANDREW YANG ARGUES THAT THE ECONOMIC POTENTIAL OF INDIVIDUALS AND AMERICA ALIKE INSTEAD RELIES ON RISK TAKERS WHO CHOOSE A DIFFERENT PATH.

BY ANDREW YANG

Who was the eighth employee at Google back in 1999?

I don’t know either; I tried to Google it and couldn’t find out. But I’m pretty confident that the eighth employee joined before the company was cool, built some amazing things, and had an incredible experience–and is now loaded. Read more of this post

What is the “Notre Dame model” of managing money? 25 Years Later, Scott Malpass Is Still Notre Dame MVP

25 Years Later, Scott Malpass Is Still Notre Dame MVP

18 FEB 2014 – FRANCES DENMARK

It was an unusual sight. On a Thursday morning, August 22, 2013, the investment officers of the University of Notre Dame endowment filed into a tiny log chapel on campus for a special prayer service. This was not the annual back-to-school Mass that occurs after the students return. Instead, Notre Dame’s chief investment officer, Scott Malpass, had chosen the oldest, most intimate chapel on campus — 57 are scattered across Notre Dame’s bucolic 1,200 acres — to celebrate a more personal milestone. “It was my 25th anniversary, and I wanted to do it there,” says Malpass, 51, who became CIO in August 1988, just after his 26th birthday. Read more of this post

18-Year-Old Cancer Survivor Helped Research Her Own Rare Disease, Is Now Heading To Harvard

18-Year-Old Cancer Survivor Helped Research Her Own Rare Disease, Is Now Heading To Harvard

DINA SPECTOR SCIENCE  MAR. 1, 2014, 4:02 AM

Rockefeller University

Elana Simon in the Rockefeller University lab where she conducted research on fibrolamellar cancer, the same type she was diagnosed with at age 12. Read more of this post

How Jordan Belfort’s Prison Bunkmate – Tommy Chong – Inspired Him To Write ‘Wolf Of Wall Street’

How Jordan Belfort’s Prison Bunkmate — Tommy Chong — Inspired Him To Write ‘Wolf Of Wall Street’

ALY WEISMAN ENTERTAINMENT  MAR. 1, 2014, 3:55 AM

Jordan Belfort wrote the first draft of “Wolf Of Wall Street” in prison as bunkmate Tommy Chong was also writing a book.

As most now know, Jordan Belfort is the real-life swindler on which Martin Scorsese’s “The Wolf Of Wall Street” is based. Read more of this post

Here Are All Of The People Warren Buffett Works With At Berkshire Hathaway’s HQ

Here Are All Of The People Warren Buffett Works With At Berkshire Hathaway’s HQ

SAM RO FINANCE  MAR. 1, 2014, 9:42 PM

Not much is said about the folks who work at Berkshire Hathaway’s corporate offices.

But Warren Buffett is changing that.

At the closing of his annual letter to shareholders, he includes this message and photo:

For good reason, I regularly extol the accomplishments of our operating managers. They are truly All- Stars, who run their businesses as if they were the only asset owned by their families. I believe the mindset of our managers to be as shareholder-oriented as can be found in the universe of large publicly-owned companies. Most have no financial need to work; the joy of hitting business “home runs” means as much to them as their paycheck. Read more of this post

The Dark Side of Retirement

The Dark Side of Retirement

by Manfred F. R. Kets de Vries  |   1:00 PM February 26, 2014

A retired CEO, Jerry was a sad, aging man who reflected constantly on the emptiness of his life. Listening to him, it became clear to me that he had never had any interests outside work. And the prospect of spending time at home with a partner who seemed to have turned into a stranger made him all the more depressed. Read more of this post

To Get Honest Feedback, Leaders Need to Ask

To Get Honest Feedback, Leaders Need to Ask

by Jim Kouzes and Barry Posner  |   8:00 AM February 27, 2014

“The only way to discover your strengths,” wrote Peter Drucker, “is through feedback analysis.” No senior leader would dispute this as a logical matter. But nor do they act on it. Most leaders don’t really want honest feedback, don’t ask for it, and don’t get much of it unless it’s forced on them. At least that’s what we’ve discovered in our research. Read more of this post

A “Bad Dream” Can Make for Great New Ideas

A “Bad Dream” Can Make for Great New Ideas

by Simone Ahuja, Ranjan Banerjee and Neil Bendle  |   9:00 AM February 28, 2014

The CEO of an autonomous region for a multinational called with a problem. “We’re too successful,” he said. “We’re number one in the country, not only within my company but across the entire industry. Take your pick of the metric — profit, market share and customer satisfaction — we win.” Read more of this post

In an Age of Self-Promotion, Celebrating the Invisibles

In an Age of Self-Promotion, Celebrating the Invisibles

by David Zweig  |   1:21 PM February 28, 2014

Among the films nominated for an Oscar this Sunday, I am rooting for one in particular. Morgan Neville’s“Twenty Feet From Stardom”, a contender in the Best Documentary Feature category, is an examination of pop music’s backup singers, and launches its subjects, at least briefly, into the limelight. These artists have made crucial contributions to the oeuvres of some of the biggest names in music – The Rolling Stones, Michael Jackson, Stevie Wonder, Bruce Springsteen, Luther Vandross – but to most fans are completely anonymous. Read more of this post

“CEOs are a bit like uranium. They have a definite half-life and if they stay around too long they can decay into something quite toxic.” Grandson of Sir Winston Churchill adds £250m to Serco’s market value

Aggreko boss Rupert Soames asked for Serco job

Grandson of Sir Winston Churchill adds £250m to Serco’s market value after calling headhunters to put himself forward for new job

Read more of this post

Banking on lace proves the right move for businesswoman

Updated: Saturday March 1, 2014 MYT 10:04:57 AM

Banking on lace proves the right move for businesswoman

BY ZIEMAN

Lace was once thought of as a status symbol that only the wealthy, nobles and royalty could afford to wear.

However, the popularity of lace ruffs, cuffs, and soft furnishings trimmed with lace grew over the years and the material is a lot more accesible these days. Read more of this post

Former teacher finds her passion in children’s reading material

Updated: Saturday March 1, 2014 MYT 10:00:20 AM

Former teacher finds her passion in children’s reading material

Pursuing a passion: Tan says she could easily earn more money teaching English, but chooses to focus on selling children’s books instead. Read more of this post