Thursday, May 28, 2020

Sanity in a Job Loss

Sanity in a Job Loss I recently wrote the post Job Loss Grief Stages. While doing so I was looking for old posts I had written about this topic and found this post from 2012: Dumb Little Man: How to Keep Your Sanity After Losing Your Job Dumb Little Man, btw, is a blog with tips for life. Anyway, in this post the author (Lesley Knowles) shares six IMPORTANT points to keep your sanity while you are also going through the mourning/loss stages. Depression in the job search is real. In fact, a post by me (a guy) on depression in the job search is my most popular post, with over 500 comments. My issue was that I was used to being very logical and linear, and depression was clouding my thinking. Check it out here: Depression Clouds Everything. Sanity in a Job Loss I recently wrote the post Job Loss Grief Stages. While doing so I was looking for old posts I had written about this topic and found this post from 2012: Dumb Little Man: How to Keep Your Sanity After Losing Your Job Dumb Little Man, btw, is a blog with tips for life. Anyway, in this post the author (Lesley Knowles) shares six IMPORTANT points to keep your sanity while you are also going through the mourning/loss stages. Depression in the job search is real. In fact, a post by me (a guy) on depression in the job search is my most popular post, with over 500 comments. My issue was that I was used to being very logical and linear, and depression was clouding my thinking. Check it out here: Depression Clouds Everything.

Monday, May 25, 2020

New Business or Side Hustle Heres How To Have a Network and Mentors in Your Pocket

New Business or Side Hustle Heres How To Have a Network and Mentors in Your Pocket Let’s face it: when you take the plunge and become an entrepreneur, there’s rarely a welcome committee. Most of us never receive an email from city hall explaining local laws, rules, and regulations. We might get an invitation to our local chamber or entrepreneurship club, but the membership prices and requirements usually scare us away. The pertinent information needed to start a new business is locked up behind so much bureaucracy that it takes personal connections, association dues, or some other pre-existing and/or costly action to answer the simplest of questions. But that’s where networking comes in, right? Networking Works Most entrepreneurs understand the power of networking. Few need to work as hard at it as women in entrepreneurship. From the very early stages of ideation, women must tackle the industry head-on. Because there are fewer women than men perusing entrepreneurship, women often encounter much smaller opportunities for support. When you’re busy building a business, you don’t have free time to search for local mentors, hivemind groups, or even other likeminded entrepreneurs. It becomes increasingly difficult to find answers to questions when there’s no logical place to look. Community is the backbone of entrepreneurship. Women who choose entrepreneurship need diverse, strong, and motivated partners who push and inspire them to fulfill their dreams. We’ve had enough tropes depicting women in business as jealous, bossy, or unprepared. We’re not here to tear one another down, but instead build each other up through mentorship, feedback, and peer support. How Do You Connect With Other Business Women? Women need a place to connect; somewhere to share and grow their businesses in a way that celebrates the unique journey of entrepreneurship; somewhere that reassures women that they are not alone, and that there are others who are able to guide them through the entrepreneurial journey. That’s how Startup Space was born. Startup Space is a mobile app available in the App Store and Google Play that brings all the benefits of community-building to your smart phone. We prioritize genuine networking to bring you the best possible support system during every stage of building your business. Startup Space offers several in-app features, including a local resource directory, knowledge center, public QA forum, live-streamed events, personalized event calendar, and more. These features have been carefully curated by startups and entrepreneurs to help others like them find the solutions and support they need. The Startup Space app is unique because it combines the powers of 21st century technology with the simple act of virtual community-building. Certain features, such as the resource directory and public QA forum, are driven by Google’s geolocation API, which means the users you meet are entrepreneurs, startups, mentors, and service providers from your own local community. No one knows the entrepreneurial journey quite like someone who has done it before. Startup Space believes in empowering startups and entrepreneurs by providing them with access to free 24/7 virtual support. Our network of mentors are passionate about helping entrepreneurs reach their true potential by helping each user problem-solve through personal experience and industry expertise. Real Help and Support As Close As Your Phone Startup Space is proud to helping women across the globe. Just recently, Rachel Vicknair, founder and CEO of Leopara, joined the app to find support for her business and search for potential cofounders and partners for the Leopara brand. Women like Rachel struggle every single day to find the connections needed to succeed as business owners. We’re shifting that paradigm by democratizing information and providing an equal opportunity for all entrepreneurs to come together and support one another. At Startup Space, we believe you shouldn’t have to build your business alone. Download the app that’s making startups successful. This guest post was authored by McKenzie Dial-Fritscher McKenzie Dial-Fritscher serves as Startup Space’s media and communications specialist. She shares the company’s vision for uniting and empowering startups and small businesses by democratizing access to the information and resources needed for a business’s success.

Thursday, May 21, 2020

HR Strategies to Manage Stress in the Workplace

HR Strategies to Manage Stress in the Workplace The word stress generated from Hans Selye. He defined it as an unexpected and unpredicted response of the brain and body to change. Stress is a self-produced pain occurring in thoughts. It varies in different situations and environments. In an employee at work, stress generates from when the workplace expects more results compared to what an employee is capable of achieving. In the case of a company expecting a worker to deliver much, irrespective of their capability, stress usually jets in. Often, unclear objectives and roles, harassment or bullying at work primarily contribute to stress. Lack of stress management in the workplace contributes to illnesses, absenteeism and employee turnover. Another primary indicator of stress is underperformance at work. To deal with stress in workers, it is vital to take effective actions and procedures. These measures not will not only benefit the stressed employee but also, improves the scope for organizational development. The most important point in stress management in the workplace is the diagnosis, treatment, and rehabilitation by the human resource management. The company is responsible for the initiation of these three programs through the human resource department especially helping the newbies to fit in to their roles without stress. In the event of stress in the workplace, a human resource manager must come into foster sanity. Here are the tips for managing stress through the human resource at work: Implementing wellness programs Stress management calls for the initiation of wellness programs by the human resource manager. These programs assist in managing employees lives by eliminating stress at work and home. Such programs include EAPs, also known as employee assistance programs, workshops specially made for effective stress management, fitness subsidies, gyms and massage days at work. Additionally, effective stress management programs are tailored to save employees time. This package includes corporate cafeterias, amenities like dry cleaners, pharmacies, workers concierge services and pharmacies. Flexible work arrangement Other tips for managing stress include flexible work arrangements and schedules. With these tips, there is ease in reaching work. Examples of these mechanisms include telecommuting, flexible working hours, part-time schedules and job sharing. These programs can help employees in maintaining a work-life balance. Some employees are more productive at home than at work. With flexible schedules offering such permission, there will be a less stressful environment at work. This is another way of reducing stress at work. Providing the health and safety measures Human resource works with other departments like health and safety to formulate and pass policies based on the solutions that the employees have identified. Through the health and safety department, employees are provided with a framework comprising six standards to assist in generating more tips for managing stress. Although these standards are not compulsory, there are high chances that they provide the best-proven approach to effective stress management at work. These rules include strategies based on how you can manage stress effectively. Identification of primary causative agents Stress management in workplace calls for a joint report on the primary causative agents. Usually, human resource focuses on finding out why an employee is distressed. Just like in a hospital, it is vital for the human resource to decipher this point before exploring the options for treatment. When the factor is identified, depending on how related to work it is, treatment is administered. These causative agents must offer insight on how to manage stress effectively. Management of standards Human resource management is ideally placed as the bridging gap between the management and stressed employees. This department acts as the daily project managers responsible for handling stress management in workplace. Through their analysis of stressors, the department colludes with the line managers to offer strategies on how to manage stress effectively. This is done through organizing, planning, and outsourcing relevant feedback to the management. Review irrelevant policies Organizations can have irrelevant policies in relation to healthy and safety at work. These policies might have a negative effect on employees. As a result, the workers could be stressed. It is the duty of human resource to review these policies and dictate the terms of implementing useful policies towards stress management in workplace. Usually, the new policies must be relevant to the initiation of strategies on how to manage stress effectively. Showing empathy Cases of injuries at work have been known to induce work related stress compensation. After the injury, it can be difficult for an employee to claim compensation. The human resource department is in charge of initiating a meeting with personal injury lawyers. The aim of this meeting is to handle the work related stress compensation. With a specialist in charge of the proceedings, it is always easy to handle the magnitude of stress. If an employee has an accident at work, it is crucial for them to understand that they have the right to demand compensation through personal injury lawyers. These lawyers are in charge of ensuring that the insurance company in charge of compensation through the employer adequately compensates the injured employee. Even for the human resource department, handling work-related stress compensation becomes easy with the personal injury lawyers in place. About the author: Wassana Lampech is a medical technology graduate and a freelance writer.

Sunday, May 17, 2020

Advice From a Current MBA Student

Advice From a Current MBA Student Julie  is a member of the Darden School of Business class of 2011.   I love reading about her  business school  and travel experiences on her blog, Life of Julie, and I am so excited to have her guest post today.   Thanks Julie and best of luck finishing your MBA! Three years ago, I was scrambling to study as much as I could for the GMAT. At that point in time, I knew very little about what programs were out there and was more focused on memorizing the multiples of 12 and trying to remember all my trigonometry formulas from high school. Now that I sit with less than three months to having my degree in hand, it’s remarkable how much I’ve learned and grown and changed. So what am I learning? Darden has a strong focus on general management (in fact, I think we were recently ranked #1 by someone), so rather than coming out with knowing exactly how to value a CDO, I’ve had a broad exposure across marketing, accounting, finance, operations and quantitative analysis. On top of that base, I’ve been able to focus on learning other things that interest me: social entrepreneurship, health care, design thinking and systems thinking being only a small sample of the courses Darden offers. You may wonder what the value of a broad MBA would be. Before I really get into that, I feel like I need to clarify that we definitely cover the technical skills. When you get an MBA, you’ll learn how to run regressions, value a company, perform a conjoint analysis and calculate accounting ratios. More importantly, I’ve learned how to evaluate the information I have, make a recommendation and defend it. The world of business was a lot more black and white before I came to Darden and I’ve learned how to evaluate situations using the tools and the knowledge that I have, understand the appropriate stakeholders and recommend a course of action even in the midst of grey. Many of you may be considering an MBA, so I’ll offer up my two cents on the process. First, the GMAT is important, but it’s not the end of the world. So study for it, and if you’ve gotten a score within the range of the schools you are applying to, then stop worrying. Second, the MBA application process requires a lot of self examination and I highly recommend taking the time to figure out where you’ve been, where you’re going and what you’re looking for in an MBA. Not all MBA programs are created equal. Some require a lot of technical rigor while others force you out of your comfort zone through class participation. Some have a tight-knit community (usually as a result of being in a small community) and others feel more like commuter schools. Many people simply look to the rankings, but I promise you that you are doing yourself a disservice if you base your decision solely on choosing a #10 school over a #15 school. The differences between programs really does matter and I urge you to learn as much as you can from current students, alumni and school visits before you decide where to apply and attend.   Good luck!

Thursday, May 14, 2020

Entrepreneurial Education - Debut

Entrepreneurial Education - Debut One of the most important things that people consider when they’re weighing up their choices for university or college is what it could do for their future career prospects, but if you want the best chance of success, where should you be looking to study? We’ve analysed the educational careers of every self-made billionaire in the world, to find out where and what they studied on their way to the top. Where Did the World’s Richest People Study? Harvard University has created more billionaires than any other institution. 40 of the world’s richest entrepreneurs did so without attending university.   RankUniversityBillionaire Graduates 1Harvard University51 2Stanford University34 3Harvard Business School20 4Columbia University16 5University of Southern California14 6Fudan University13 6Moscow State University13 6New York University13 9University of California, Los Angeles12 10Cornell University11 10Peking University11 10University of Pennsylvania11 10Yale University11 In total, the 851 billionaires that we looked at studied at 487 different schools around the world, but the university that has produced the most self-made billionaires was Harvard, with 51 graduates going on to accumulate a combined net worth of $377bn, with a further 20 studying at Harvard Business School. In second place was Stanford University, with 34 billionaire graduates, including Google founders Larry Page and Sergey Brin, who met at the university. Just three of the top ten universities were based outside the US: Fudan and Peking, both in China, as well as Moscow State University in Russia. However, it turns out that you don’t necessarily need to go to university at all to be successful.   40 of the world’s richest entrepreneurs decided not to attend university, starting their business straight out of high school, including Ralph Lauren and Richard Branson. RankCountryBillionaire Graduates 1United States615 2China150 3Russia92 4India36 5United Kingdom30 6Canada25 7South Korea21 8Taiwan20 9Australia12 10Ukraine9 10Germany9 The majority of the world’s self-made billionaires have studied in the US, with 615 degrees gained in the country, followed by China on 150 and Russia on 92. What Did the World’s Richest People Study? Over half of self-made billionaires have studied a Bachelor of Arts/Science degree. 62 of the world’s richest people dropped out of university (including Bill Gates and Mark Zuckerberg). RankDegreeBillionaire Graduates 1Bachelor of Arts/Science526 2Master of Business Administration148 3Master of Science94 4Doctorate38 5Bachelor of Science in Engineering33 6Doctor of Jurisprudence32 7Diploma31 8EMBA23 9Medical Doctor17 10Ph.D16 You might expect the world’s richest business people to have economics or business degrees, but the vast majority hold a Bachelor of Arts and Science degree. The second most popular choice was a Master of Business Administration (MBA), studied by 148 billionaires, followed by Master of Science (94) and Doctorate (38). Also interesting to note is that 62 self-made billionaires actually dropped out before completing their degrees, including the heads of two of the biggest companies in the world, Mark Zuckerberg and Bill Gates. This number is even higher if we look just at the top 50 richest people, with 8 (16%) having dropped out of university. How Many Degrees do the World’s Richest People Hold? Almost a third (31%) of the world’s richest self-made entrepreneurs hold multiple degrees. 1 548 2 227 3 35 4 3 The majority of self-made billionaires just hold one academic degree, although some have pursued even further education, with 227 holding two, such as perhaps both a Bachelor’s and a Master’s. A small number have three degrees to their name, while just 3 out of over 800 have managed to find the time to pursue four degrees, such as hedge fund manager Cliff Asness, who graduated from the University of Pennsylvania with dual degrees, before completing an MBA and a Doctorate from the University of Chicago! Methodology All education information was sourced from Forbes. Note that we only looked at billionaires listed on the site’s 2019 World’s Billionaire’s list, who were listed as ‘self-made’ and for which education information was available.

Sunday, May 10, 2020

4 power tips for your LinkedIn profile - Sterling Career Concepts

4 power tips for your LinkedIn profile 4 power tips for your LinkedIn profile So now that you’ve set up your profile, have added connections and recommendations, and are using the site to network effectively, consider the following four power tips to get the most out of your LinkedIn profile: POWER TIP #1: Your LinkedIn profile should complement â€" not duplicate â€" your résumé. Be especially careful to ensure the two are in sync, as prospective employers are likely to Google you and will compare the two. Be sure to complete your profile! Your profile is the “front door” to your LinkedIn account. First impressions matter â€" so make sure you’ve made your profile as complete as possible. As an added benefit, your LinkedIn profile generally ranks high in Google search results for your name, so make sure your profile is up-to-date, accurate, and complete. POWER TIP #2: The power of networking lies in “friends of friends,” so the larger your network, the easier it will be to connect with someone you don’t know (yet). Remember the principal of “six degrees of separation.” Focus on growing your connections! There are two schools of thought when it comes to LinkedIn connections. You can choose to connect selectively, accepting invitations only from those you know and trust, or you can use LinkedIn to grow the network of people you know. You can connect with people you meet through groups and get introduced to people you don’t yet know offline. POWER TIP #3: Make sure your Recommendations are specific and detailed. When reading the Recommendation, you should be able to tell exactly who it was written about. Quantify accomplishments (with percentages, numbers, and dollar amounts) as much as possible. Remember to give in order to get! Authentic, genuine Recommendations can make or break a LinkedIn profile (just like references can for a job candidate). Instead of sending out those presumptuous LinkedIn “Can You Endorse Me?” emails, select a handful of people in your network and write Recommendations for them, without asking for one in return. You will be surprised at how many people will reciprocate. POWER TIP #4: One way to establish yourself as an expert on LinkedIn is to start your own Group. For example, you might consider starting an online job club centered around your industry or geographic proximity. Push yourself to get more involved and reap the benefits! Join some LinkedIn Groups. Groups are the “water cooler” of the social site. You can find Groups for school and university alumni, your former and current employers, trade groups, industry associations, and more. Consider me your expert resource for LinkedIn strategies and concepts to strengthen online presence. Call or email me today for more information!

Friday, May 8, 2020

Writing About Yourself in a Resume

Writing About Yourself in a ResumeWriting about yourself in a resume is not that difficult. As a matter of fact, it is quite simple to write a resume. But, it is much better if you can write something that does not appear as a resume, but rather as a conversation with yourself. In other words, you should not copy and paste your resume, but rather, you should use what you have on your resume, and how it flows out of you.Your resume can be considered as your 'Thesaurus' as well. When a person encounters your resume, the first thing he or she will notice is your resume. This is why when you write about yourself in a resume, it is not enough to describe how you did a job, or what you did. It is important that you describe what you are to the reader. This is how you can create a whole new persona for yourself.In my opinion, the best way to write about yourself in a resume is to put yourself into the shoes of someone else. What are some things that your resume can bring up? How do you pict ure yourself in this position? When you visualize yourself in this position, what does this do to your personality? What would you think of your qualities? Write about the qualities you believe you possess in this position.Imagine that you are the only one who has a dream and you are completely capable of achieving it. At first, this might seem like a difficult task, but with perseverance, you will be able to see it in your own reality. Now imagine that someone is coming to you and trying to sell you on the idea of a different job, or an entirely different profession. Instead of reacting with a negative attitude, ask yourself how you would react if they did not talk to you. You will start to see how it would look like ifthey talked to you.Your resume can bring up everything that is good and bad about yourself everyday situations. With this, you will be able to come up with your own personality and have a good understanding of yourself. After all, you cannot change your personality e very time you meet someone. If you make a mistake in one particular situation, you will not think that you are a bad person for making such a mistake.You should always believe that you can make mistakes and learn from them. Once you accept this, you will find that people will start to regard you as someone who is capable of making mistakes. I think, the thing that makes people feel good about themselves is admitting their mistakes.Writing about yourself in a resume is not that difficult. All you need to do is picture yourself in this particular job. Make sure that you are not copying another person's resume. Create your own personality, and then write about your own skills. This will result in a very nice set of skills that you can show to the readers of your resume.