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Leadership is about making others better as a result of your presence and making sure that impact lasts in your absence."
(Harvard Business School definition of leadership)
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Sheryl Sandberg (Lean In: Women, Work, and the Will to Lead)
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Harvard Business School professor Howard Stevenson famously defined “entrepreneurship” as “the pursuit of opportunity without regard to resources currently controlled.” I give a “hell yes” to that definition—you should take that spirit with you to whatever job you’re doing or whatever project you’re undertaking.
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Sophia Amoruso (#GIRLBOSS)
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You might just learn something when you're in a mood to learn something. The only thing I ever learned was that some people are lucky and other people aren't and not even a graduate of the Harvard Business School can say why.
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Kurt Vonnegut Jr. (The Sirens of Titan)
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[She] knew there were women who worked successfully out of the home. They ran businesses, created empires and managed to raise happy, healthy, well-adjusted children who went on to graduate magna cum laude from Harvard or became world-renowned concert pianists. Possibly both.
These women accomplished all this while cooking gourmet meals, furnishing their homes with Italian antiques, giving clever, intelligent interviews with Money magazine and People, and maintaining a brilliant marriage with an active enviable sex life and never tipping the scale at an ounce over their ideal weight...
She knew those women were out there. If she'd had a gun, she'd have hunted every last one of them down and shot them like rabid dogs for the good of womankind.
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Nora Roberts (Birthright)
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When you walk in silence your excellence will always speak for you.
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Onyi Anyado
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You need to choose your association according to your vision.
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Onyi Anyado
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What the average call excellent, the excellent call average.
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Onyi Anyado
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Ah. Well... I attended Juilliard... I'm a graduate of the Harvard business school. I travel quite extensively. I lived through the Black Plague and had a pretty good time during that. I've seen the EXORCIST ABOUT A HUNDRED AND SIXTY-SEVEN TIMES, AND IT KEEPS GETTING FUNNIER EVERY SINGLE TIME I SEE IT... NOT TO MENTION THE FACT THAT YOU'RE TALKING TO A DEAD GUY... NOW WHAT DO YOU THINK? You think I'm qualified?
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Betelgeuse
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Harvard Business School teams expert Amy Edmondson explains, “Great teams consist of individuals who have learned to trust each other. Over time, they have discovered each other’s strengths and weaknesses, enabling them to play as a coordinated whole.
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General S McChrystal (Team of Teams: New Rules of Engagement for a Complex World)
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It’s tough when markets change and your people within the company don’t.
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Harvard Business Review
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Data is the new oil
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Harvard Business Review
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When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great performance.
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Harvard Business Publishing (HBR's 10 Must Reads on Leadership (with featured article "What Makes an Effective Executive," by Peter F. Drucker))
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Managers who aspire to be ethical must challenge the assumption that they’re always unbiased and acknowledge that vigilance, even more than good intention, is a defining characteristic of an ethical manager.
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Harvard Business Publishing (HBR's 10 Must Reads Boxed Set (6 Books) (HBR's 10 Must Reads))
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Great leaders rise out of adversity.
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Harvard Business Publishing
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A recent survey of 2,000 male graduates of Harvard Business School
found that penis length & IQ were equally good predictors of annual
income. -- from "Eugene
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Greg Egan
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A popular Harvard business professor urged his students to read the obituaries in the New York Times before they read anything else, in order to learn from the lives of great men.
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Georges F. Doriot
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Contrary to the Harvard Business School model of vocal leadership, the ranks of effective CEOs turn out to be filled with introverts, including Charles Schwab; Bill Gates; Brenda Barnes, CEO of Sara Lee; and James Copeland, former CEO of Deloitte Touche Tohmatsu.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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surgeon general Vivek Murthy in the Harvard Business Review. “Loneliness and weak social connections are associated with a reduction in life span similar to that caused by smoking 15 cigarettes a day.
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Aminatou Sow (Big Friendship: How We Keep Each Other Close)
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A person who values their goals actually values their achievements.
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Onyi Anyado
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In contrast, investing time and energy in your relationship with your spouse and children typically doesn’t offer that same immediate sense of achievement. Kids misbehave every day. It’s really not until 20 years down the road that you can put your hands on your hips and say, “I raised a good son or a good daughter.” You can neglect your relationship with your spouse, and on a day-to-day basis, it doesn’t seem as if things are deteriorating. People who are driven to excel have this unconscious propensity to underinvest in their families and overinvest in their careers—even though intimate and loving relationships with their families are the most powerful and enduring source of happiness.
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Clayton M. Christensen (The Innovator's Dilemma with Award-Winning Harvard Business Review Article ?How Will You Measure Your Life?? (2 Items))
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Paradoxically, then, network effects businesses must start with especially small markets. Facebook started with just Harvard students—Mark Zuckerberg’s first product was designed to get all his classmates signed up, not to attract all people of Earth. This is why successful network businesses rarely get started by MBA types: the initial markets are so small that they often don’t even appear to be business opportunities at
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Peter Thiel (Zero to One: Notes on Start Ups, or How to Build the Future)
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Stewart, Jr. who was called Stewie Two, graduated from Steering before Garp was even of age to enter the school; Jenny treated Stewie Two twice for a sprained ankle and once for gonorrhea. He later went through Harvard Business School, a staph infection, and a divorce.
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John Irving (The World According to Garp)
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Like employees, children build self-esteem by doing things that are hard and learning what works.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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The purpose of a business is to get and keep a customer. Without customers, no amount of engineering wizardry, clever financing, or operations expertise can keep a company going.
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Theodore Levitt
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Remember who you are. - Kim Clark Dean of Harvard Business School.
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Jeff Benedict (The Mormon Way of Doing Business: Leadership and Success Through Faith and Family)
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In a survey we conducted for Harvard Business Review, 63 percent of respondents listed the reluctance of leaders to surrender power as a significant barrier to reducing bureaucracy.
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Gary Hamel (Humanocracy: Creating Organizations as Amazing as the People Inside Them)
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They studied the phenomenon at Harvard.” “They studied soul-stealing at Harvard?” “What else do you think they do in business school? In any case, it’s called the Ikea effect.” “As in furniture?
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Eliza Crewe (Crushed (Soul Eaters, #2))
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The company’s profits, after all, were contingent on the public’s cluelessness. As Harvard Business School professor Shoshana Zuboff put it, Facebook’s success “depends upon one-way-mirror operations engineered for our ignorance and wrapped in a fog of misdirection, euphemism and mendacity.”27
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Sheera Frenkel (An Ugly Truth: Inside Facebook's Battle for Domination)
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sent him to the Harvard Business School to study the minds of the movers and shakers who were screwing up our economy for their own immediate benefit, taking money earmarked for research and development and new machinery and so on, and putting it into monumental retirement plans and year-end bonuses for themselves.
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Kurt Vonnegut Jr. (Hocus Pocus)
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A leader has to have the emotional capacity to tolerate uncertainty, frustration, and pain. He has to be able to raise tough questions without getting too anxious himself.
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Harvard Business Publishing (HBR's 10 Must Reads on Leadership (with featured article "What Makes an Effective Executive," by Peter F. Drucker))
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there is one quality that sets truly great managers apart from the rest: They discover what is unique about each person and then capitalize on it.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing People (with featured article "Leadership That Gets Results," by Daniel Goleman))
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Organizations can’t change their culture unless individual employees change their behavior—and changing behavior is hard.
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Keith Ferrazzi
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Watching how customers actually use a product provides much more reliable information than can be gleaned from a verbal interview or a focus group.
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Clayton M. Christensen (The Innovator's Dilemma with Award-Winning Harvard Business Review Article ?How Will You Measure Your Life?? (2 Items))
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Your decisions about allocating your personal time, energy, and talent ultimately shape your life’s strategy. I have a bunch
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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Put yourself where your strengths can produce results.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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A furious and sustained backlash by a betrayed and angry populace, one unprepared intellectually and psychologically for collapse, will sweep aside the Democrats and most of the Republicans. A cabal of proto-fascist misfits, from Christian demagogues to simpletons like Sarah Palin to loudmouth talk-show hosts, whom we naïvely dismiss as buffoons, will find a following with promises of revenge and moral renewal. The elites, the ones with their Harvard Business School degrees and expensive vocabularies, will retreat into their sheltered enclaves of privilege and comfort.
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Chris Hedges (Empire of Illusion: The End of Literacy and the Triumph of Spectacle)
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When we see people acting in an abusive, arrogant, or demeaning manner toward others, their behavior almost always is a symptom of their lack of self-esteem. They need to put someone else down to feel good about themselves.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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organizations need to shift their emphasis from getting more out of people to investing more in them, so they are motivated—and able—to bring more of themselves to work every day.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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You have to grab the goal, visualise your vision, excel in excellence and then become distinct in distinction.
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Onyi Anyado
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Don’t worry about the level of individual prominence you have achieved; worry about the individuals you have helped become better people. This is my final recommendation:
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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Don’t find fault, find a remedy. —Henry Ford
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Harvard Business Publishing (Improving Business Processes (Pocket Mentor))
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By contrast, those with leadership potential are motivated by a deeply embedded desire to achieve for the sake of achievement.
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Harvard Business Publishing (HBR's 10 Must Reads on Leadership (with featured article "What Makes an Effective Executive," by Peter F. Drucker))
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If I am to speak for ten minutes, I need a week for preparation; if fifteen minutes, three days; if half an hour, two days; if an hour, I am ready now. —Woodrow T. Wilson
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Harvard Business Review (HBR Guide to Persuasive Presentations (HBR Guide Series))
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emotional intelligence is carried through an organization like electricity through wires. To
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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Resilient people and companies face reality with staunchness, make meaning of hardship instead of crying out in despair, and improvise solutions from thin air.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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The lesson I learned from this is that it’s easier to hold to your principles 100% of the time than it is to hold to them 98% of the time.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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Wherever there is success, there has to be failure.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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silencing doesn’t resolve anything; rather than erase differences,
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Harvard Business Publishing (HBR's 10 Must Reads on Communication (with featured article "The Necessary Art of Persuasion," by Jay A. Conger))
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All too often, people make the mistake of focusing too much on the content of their
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Harvard Business Publishing (HBR's 10 Must Reads on Communication (with featured article "The Necessary Art of Persuasion," by Jay A. Conger))
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Saddleback also has one more thing in common with Harvard Business School: its debt to—and propagation of—the Culture of Personality.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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Here’s one answer: social media has made new forms of leadership possible for scores of people who don’t fit the Harvard Business School mold.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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Ich war nie an der Harvard Business School … aber ich glaub, dass ich einen Kerl so gut zwischen die Beine treten kann wie jeder andere.
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Stephen King (The Dark Tower (The Dark Tower, #7))
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Seeing the way leadership works in the real world is a tad more enlightening than reading case studies as an MBA student at Harvard Business School.
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Jeetendr Sehdev (The Kim Kardashian Principle: Why Shameless Sells (and How to Do It Right))
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Hi there, cutie."
Ash turned his head to find an extremely attractive college student by his side. With black curly hair, she was dressed in jeans and a tight green top that displayed her curves to perfection. "Hi."
"You want to go inside for a drink? It's on me."
Ash paused as he saw her past, present, and future simultaneously in his mind. Her name was Tracy Phillips. A political science major, she was going to end up at Harvard Med School and then be one of the leading researchers to help isolate a mutated genome that the human race didn't even know existed yet.
The discovery of that genome would save the life of her youngest daughter and cause her daughter to go on to medical school herself. That daughter, with the help and guidance of her mother, would one day lobby for medical reforms that would change the way the medical world and governments treated health care. The two of them would shape generations of doctors and save thousands of lives by allowing people to have groundbreaking medical treatments that they wouldn't have otherwise been able to afford.
And right now, all Tracy could think about was how cute his ass was in leather pants, and how much she'd like to peel them off him.
In a few seconds, she'd head into the coffee shop and meet a waitress named Gina Torres. Gina's dream was to go to college herself to be a doctor and save the lives of the working poor who couldn't afford health care, but because of family problems she wasn't able to take classes this year. Still Gina would tell Tracy how she planned to go next year on a scholarship.
Late tonight, after most of the college students were headed off, the two of them would be chatting about Gina's plans and dreams.
And a month from now, Gina would be dead from a freak car accident that Tracy would see on the news. That one tragic event combined with the happenstance meeting tonight would lead Tracy to her destiny. In one instant, she'd realize how shallow her life had been, and she'd seek to change that and be more aware of the people around her and of their needs. Her youngest daughter would be named Gina Tory in honor of the Gina who was currently busy wiping down tables while she imagined a better life for everyone.
So in effect, Gina would achieve her dream. By dying she'd save thousands of lives and she'd bring health care to those who couldn't afford it...
The human race was an amazing thing. So few people ever realized just how many lives they inadvertently touched. How the right or wrong word spoken casually could empower or destroy another's life.
If Ash were to accept Tracy's invitation for coffee, her destiny would be changed and she would end up working as a well-paid bank officer. She'd decide that marriage wasn't for her and go on to live her life with a partner and never have children.
Everything would change. All the lives that would have been saved would be lost.
And knowing the nuance of every word spoken and every gesture made was the heaviest of all the burdens Ash carried.
Smiling gently, he shook his head. "Thanks for asking, but I have to head off. You have a good night."
She gave him a hot once-over. "Okay, but if you change your mind, I'll be in here studying for the next few hours."
Ash watched as she left him and entered the shop. She set her backpack down at a table and started unpacking her books. Sighing from exhaustion, Gina grabbed a glass of water and made her way over to her...
And as he observed them through the painted glass, the two women struck up a conversation and set their destined futures into motion.
His heart heavy, he glanced in the direction Cael had vanished and hated the future that awaited his friend. But it was Cael's destiny.
His fate...
"Imora thea mi savur," Ash whispered under his breath in Atlantean. God save me from love.
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Sherrilyn Kenyon (Dark Side of the Moon (Dark-Hunter, #9; Were-Hunter, #3))
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Shotton had an insatiable appetite for feedback—a quality I have seen in all the top business performers I have worked with. They have a particularly strong need for instant, in the moment feedback.
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Harvard Business Review (On Mental Toughness (HBR's 10 Must Reads))
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Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person—hardworking and competent but otherwise mediocre—into an outstanding performer.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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There was one sure way, and only one sure way, to get ahead, and everyone with eyes in 1982 saw it: Major in economics; use your economics degree to get an analyst job on Wall Street; use your analyst job to get into the Harvard or Stanford Business School; and worry about the rest of your life later. So,
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Michael Lewis (Liar's Poker)
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If you’re not guided by a clear sense of purpose, you’re likely to fritter away your time and energy on obtaining the most tangible, short-term signs of achievement, not what’s really important to you. And
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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Depressed, ruthless bosses create toxic organizations filled with negative underachievers. But if you’re an upbeat, inspirational leader, you cultivate positive employees who embrace and surmount even the toughest challenges.
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Harvard Business Publishing (HBR's 10 Must Reads on Managing Yourself (with bonus article "How Will You Measure Your Life?" by Clayton M. Christensen))
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You have quite a way with animals.”
“They’re my business,” she said, as if she needed to explain her delight.
“You’re good at it. That’s obvious.”
“I like helping animals. It makes me feel . . . useful, I guess.”
“Maybe you could show me what you do sometime.”
Tess cocked her head at him. “Do you have a pet?”
Dante should have said no, but he was still picturing her with those two ridiculous furballs and wishing that he could bring her some of that same joy. “I keep a dog. Like those.”
“You do? What’s its name?”
Dante cleared his throat, mentally casting about for what he might call a useless creature that depended on him for survival. “Harvard,” he drawled, his lips curving with private humor. “I call it Harvard.”
“Well, I’d love to meet him sometime, Dante.” A chilly breeze kicked up, and Tess shivered, rubbing her arms. “It’s getting kind of late. I should probably think about heading home.”
“Yeah, sure.” Dante nodded, kicking himself for making up a pet, for God’s sake, just because it might win him some favor with Tess.
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Lara Adrian (Kiss of Crimson (Midnight Breed, #2))
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Harvard Business Review that he said reminded him of me. The article—“Parables of Leadership” by W. Chan Kim and Renée A. Mauborgne—was composed of a series of ancient parables that focused on what the authors called “the unseen space of leadership.
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Phil Jackson (Eleven Rings: The Soul of Success)
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Like Stockdale, resilient people have very sober and down-to-earth views of those parts of reality that matter for survival. That’s not to say that optimism doesn’t have its place: In turning around a demoralized sales force, for instance, conjuring a sense of possibility can be a very powerful tool. But for bigger challenges, a cool, almost pessimistic, sense of reality is far more important.
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Harvard Business Review (HBR's 10 Must Reads On Emotional Intelligence)
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we tend to think that innovation comes from bureaucratic funding, through planning, or by putting people through a Harvard Business School class by one Highly Decorated Professor of Innovation and Entrepreneurship (who never innovated anything) or hiring a consultant (who never innovated anything). This is a fallacy—note for now the disproportionate contribution of uneducated technicians and entrepreneurs to various technological leaps, from the Industrial Revolution to the emergence of Silicon Valley, and you will see what I mean.
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Nassim Nicholas Taleb (Antifragile: Things That Gain From Disorder)
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Like many things at Facebook, it didn't matter what the policy team debated or decided; it mattered what Sheryl thought. In this case she had run into one of her Harvard friends, a surgical director of liver transplantation, at a Harvard reunion and offered to help him source donors.
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Sarah Wynn-Williams (Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism)
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It is useful for companies to look at AI through the lens of business capabilities rather than technologies. Broadly speaking, AI can support three important business needs: automating business processes, gaining insight through data analysis, and engaging with customers and employees.
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Harvard Business Review (HBR's 10 Must Reads on AI, Analytics, and the New Machine Age (with bonus article "Why Every Company Needs an Augmented Reality Strategy" by Michael E. Porter and James E. Heppelmann))
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You cannot pursue all your goals simultaneously or satisfy all your desires at once. And it's an emotional drain to think you can. Instead, you must focus on long-term fulfillment rather than short-term success and, at various points in your life, think carefully about your priorities.
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Eric C. Sinoway
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At the lowest level of the investment banking hierarchy are the analysts. To find this young talent, the I-banks send their manicured young bankers out to the Whartons, Harvards and Princetons of the world to roll out the red carpet for the top undergraduates and begin the process of destroying whatever noble ideals the youngsters have left.
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John Rolfe (Monkey Business: Swinging Through the Wall Street Jungle)
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But when things go awry, business and sports superstars dust themselves off and move on.
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Harvard Business Review (On Mental Toughness (HBR's 10 Must Reads))
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Speed of change is the driving force. Leading change competently is the only answer.
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Harvard Business Review (Leading Change)
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But problem solving, however necessary, does not produce results. It prevents damage. Exploiting opportunities produces results.
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Harvard Business Publishing (HBR's 10 Must Reads on Leadership (with featured article "What Makes an Effective Executive," by Peter F. Drucker))
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In fact, extensive informal networks are so important that if they do not exist, creating them has to be the focus of activity early in a major leadership initiative.
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Harvard Business Publishing (HBR's 10 Must Reads on Leadership (with featured article "What Makes an Effective Executive," by Peter F. Drucker))
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Once you become a victim, you cease to become a leader,
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Harvard Business Review (HBR Guide to Managing Up and Across (HBR Guide Series))
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All models are wrong, but some are useful.” In other words, models intentionally simplify our complex world.
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Harvard Business Review (HBR Guide to Data Analytics Basics for Managers (HBR Guide Series))
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They did not grow up like the children of the eighties and nineties, stripped of any semblance of family other than the constant presence of drugs and violence. Their “I was raised with nuthin’ and went to Harvard anyway” experience was the criterion that white editors used to hire them. But then again, that was partly how I got through too. The whole business made me want to scream.
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James McBride (The Color of Water)
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Research by Harvard Business School professor Amy Edmondson shows that in the type of psychologically safe environment that Meyer helped create, people learn and innovate more.* And it’s givers who often create such an environment: in one study, engineers who shared ideas without expecting anything in return were more likely to play a major role in innovation, as they made it safe to exchange information
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Adam M. Grant (Give and Take: From the author of million-copy bestseller THINK AGAIN)
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The desire to do something because you find it deeply satisfying and personally challenging inspires the highest levels of creativity, whether it’s in the arts, sciences, or business.” TERESA AMABILE
Professor, Harvard
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Daniel H. Pink (Drive: The Surprising Truth About What Motivates Us)
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Communication isn’t as simple as saying what you mean. How you say what you mean is crucial, and differs from one person to the next, because using language is learned social behavior: How we talk and listen are deeply influenced by cultural experience. Although we might think that our ways of saying what we mean are natural, we can run into trouble if we interpret and evaluate others as if they necessarily felt the same way we’d feel if we spoke the way they did.
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Harvard Business Publishing (HBR's 10 Must Reads on Communication (with featured article "The Necessary Art of Persuasion," by Jay A. Conger))
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Grant had a theory about which kinds of circumstances would call for introverted leadership. His hypothesis was that extroverted leaders enhance group performance when employees are passive, but that introverted leaders are more effective with proactive employees. To test his idea, he and two colleagues, professors Francesca Gino of Harvard Business School and David Hofman of the Kenan-Flagler Business School at the University of North Carolina, carried out a pair of studies of their own. In the first study, Grant and his colleagues analyzed data from one of the five biggest pizza chains in the United States. They discovered that the weekly profits of the stores managed by extroverts were 16 percent higher than the profits of those led by introverts—but only when the employees were passive types who tended to do their job without exercising initiative. Introverted leaders had the exact opposite results. When they worked with employees who actively tried to improve work procedures, their stores outperformed those led by extroverts by more than 14 percent. In
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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Management must think of itself not as producing products but as providing customer-creating value satisfactions. It must push this idea (and everything it means and requires) into every nook and cranny of the organization. It has to do this continuously and with the kind of flair that excites and stimulates the people in it.
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Harvard Business Publishing (HBR's 10 Must Reads on Strategic Marketing (with featured article "Marketing Myopia," by Theodore Levitt))
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In one study, a trio of professors from Harvard Business School tracked more than one thousand acclaimed equity analysts over a decade and monitored how their performance changed as they switched firms. Their dour conclusion, “When a company hires a star, the star’s performance plunges, there is a sharp decline in the functioning of the group or team the person works with, and the company’s market value falls.”20 The hiring organization is let down because it failed to consider systems-based advantages that the prior employer supplied, including firm reputation and resources. Employers also underestimate the relationships that supported previous success, the quality of the other employees, and a familiarity with past processes.
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Michael J. Mauboussin (Think Twice: Harnessing the Power of Counterintuition)
“
Michael Ward knows. Ward loves railroads. His loves his own railroad company, CSX, which traces its origins to 1827 when the Baltimore & Ohio Railroad was formed as the nation’s first common carrier. He traces his own origins at CSX back thirty-seven years, when he took an analyst job as a newly minted Harvard Business School M.B.A., rising to become chairman, president, and CEO in 2003. And he loves the whole American freight rail industry. “Railroaders are like farmers,” Ward declares. “You heard about the farmer that won the lottery? They said to him, ‘Oh my gosh, you won the lottery; what are you going to do with all that money?’ He said, ‘I’m a farmer and I love farming, and I’m going to farm until every penny of it is gone.’ And I say railroaders are like that. When we make more money, we’re going to invest more back into the infrastructure, so we can strengthen the railroad and grow the business.” Ward may sound like a press release, but that’s exactly how he talks, and why he’s a major industry spokesman. He lavishes praise on industry performance: “While we’ve improved the profitability of the industry, we’ve also cut rates in half of what they were in 1980 for our customers, on an inflation-adjusted basis. We’re providing a more economical product to them, and it’s safer and more reliable. Over the years, as an industry, our train accident rate is down 80 percent; our personal injury rate is down 85 percent; and we’re doing this with about one-third of the workforce we had in 1980.” He calls the industry “the envy of the world.
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Rosabeth Moss Kanter (Move: How to Rebuild and Reinvent America's Infrastructure)
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As Harvard developmental psychologist Howard Gardner reminds us, The young child is totally egocentric—meaning not that he thinks selfishly only about himself, but to the contrary, that he is incapable of thinking about himself. The egocentric child is unable to differentiate himself from the rest of the world; he has not separated himself out from others or from objects. Thus he feels that others share his pain or his pleasure, that his mumblings will inevitably be understood, that his perspective is shared by all persons, that even animals and plants partake of his consciousness. In playing hide-and-seek he will “hide” in broad view of other persons, because his egocentrism prevents him from recognizing that others are aware of his location. The whole course of human development can be viewed as a continuing decline in egocentrism.2
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Ken Wilber (A Theory of Everything: An Integral Vision for Business, Politics, Science and Spirituality)
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As it was in Mao’s China with the Red Guard, it is a political crime in today’s Republican Party to appear well educated. So we find Senator Josh Hawley of Missouri tweeting a rant about “unelected progressive elites in our govt.”16 The senator went to Stanford, taught at St. Paul’s School in London (founded in 1509), and graduated from Yale Law School. Senator Ted Cruz denounces “coastal elites who attack the NRA.”17 Cruz was born in Calgary, Canada, graduated from Princeton and Harvard Law School, was a Supreme Court clerk, worked in the Bush administration, and is a former assistant attorney general. His wife was born in the coastal town of San Luis Obispo, California, and holds a BA from Claremont McKenna College, an MA from Université Libre de Bruxelles, and an MBA from Harvard Business School. She works as a managing director at Goldman Sachs.
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Stuart Stevens (It Was All a Lie: How the Republican Party Became Donald Trump)
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The critical task for management in each revolutionary period is to find a new set of organizational practices that will become the basis for managing the next period of evolutionary growth. Interestingly enough, those new practices eventually sow the seeds of their own decay and lead to another period of revolution. Managers, therefore, experience the irony of seeing a major solution in one period become a major problem in a later period.
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Larry Greiner
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The opposite of spare time is, I guess, occupied time. In my case I still don’t know what spare time is because all my time is occupied. It always has been and it is now. It’s occupied by living.
An increasing part of living, at my age, is mere bodily maintenance, which is tiresome. But I cannot find anywhere in my life a time, or a kind of time, that is unoccupied. I am free, but my time is not. My time is fully and vitally occupied with sleep, with daydreaming, with doing business and writing friends and family on email, with reading, with writing poetry, with writing prose, with thinking, with forgetting, with embroidering, with cooking and eating a meal and cleaning up the kitchen, with construing Virgil, with meeting friends, with talking with my husband, with going out to shop for groceries, with walking if I can walk and traveling if we are traveling, with sitting Vipassana sometimes, with watching a movie sometimes, with doing the Eight Precious Chinese exercises when I can, with lying down for an afternoon rest with a volume of Krazy Kat to read and my own slightly crazy cat occupying the region between my upper thighs and mid-calves, where he arranges himself and goes instantly and deeply to sleep. None of this is spare time. I can’t spare it. What is Harvard thinking of? I am going to be eighty-one next week. I have no time to spare.
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Ursula K. Le Guin (No Time To Spare: Thinking About What Matters)
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This is the thinking behind Amazon’s anticipatory shopping patent.43 Instead of customers making their own decisions, Amazon decides for them, sending what they want before they know they want it. It is, as one commentator noticed, one more step towards cutting out human agency altogether.44 Pervasive monitoring devices – smartphones, wearables, voice-enabled speakers and smart meters – allow companies to track and manage consumer behaviour. The Harvard business scholar Shoshana Zuboff quotes an unnamed chief data scientist who explains: ‘The goal of everything we do is to change people’s actual behavior at scale . . . we can capture their behaviours and identify good and bad [ones]. Then we develop “treatments” or “data pellets” that select good behaviours.’45 MIT’s Alex Pentland seems more interested in enhancing machines than human understanding. He celebrates the opportunity to deploy sensors and data in order to increase efficiency
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Margaret Heffernan (Uncharted: How to Map the Future)
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Moses, for example, was not, according to some interpretations of his story, the brash, talkative type who would organize road trips and hold forth in a classroom at Harvard Business School. On the contrary, by today’s standards he was dreadfully timid. He spoke with a stutter and considered himself inarticulate. The book of Numbers describes him as “very meek, above all the men which were upon the face of the earth.” When God first appeared to him in the form of a burning bush, Moses was employed as a shepherd by his father-in-law; he wasn’t even ambitious enough to own his own sheep. And when God revealed to Moses his role as liberator of the Jews, did Moses leap at the opportunity? Send someone else to do it, he said. “Who am I, that I should go to Pharaoh?” he pleaded. “I have never been eloquent. I am slow of speech and tongue.” It was only when God paired him up with his extroverted brother Aaron that Moses agreed to take on the assignment. Moses would be the speechwriter, the behind-the-scenes guy, the Cyrano de Bergerac; Aaron would be the public face of the operation. “It will be as if he were your mouth,” said God, “and as if you were God to him.” Complemented by Aaron, Moses led the Jews from Egypt, provided for them in the desert for the next forty years, and brought the Ten Commandments down from Mount Sinai. And he did all this using strengths that are classically associated with introversion: climbing a mountain in search of wisdom and writing down carefully, on two stone tablets, everything he learned there. We tend to write Moses’ true personality out of the Exodus story. (Cecil B. DeMille’s classic, The Ten Commandments, portrays him as a swashbuckling figure who does all the talking, with no help from Aaron.) We don’t ask why God chose as his prophet a stutterer with a public speaking phobia. But we should. The book of Exodus is short on explication, but its stories suggest that introversion plays yin to the yang of extroversion; that the medium is not always the message; and that people followed Moses because his words were thoughtful, not because he spoke them well.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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Groups like SEAL teams and flight crews operate in truly complex environments, where adaptive precision is key. Such situations outpace a single leader’s ability to predict, monitor, and control. As a result, team members cannot simply depend on orders; teamwork is a process of reevaluation, negotiation, and adjustment; players are constantly sending messages to, and taking cues from, their teammates, and those players must be able to read one another’s every move and intent. When a SEAL in a target house decides to enter a storeroom that was not on the floor plan they had studied, he has to know exactly how his teammates will respond if his action triggers a firefight, just as a soccer forward must be able to move to where his teammate will pass the ball. Harvard Business School teams expert Amy Edmondson explains, “Great teams consist of individuals who have learned to trust each other. Over time, they have discovered each other’s strengths and weaknesses, enabling them to play as a coordinated whole.” Without this trust, SEAL teams would just be a collection of fit soldiers
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Stanley McChrystal (Team of Teams: New Rules of Engagement for a Complex World)
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People who prefer to give or match often feel pressured to lean in the taker direction when they perceive a workplace as zero-sum. Whether it’s a company with forced ranking systems, a group of firms vying to win the same clients, or a school with required grading curves and more demand than supply for desirable jobs, it’s only natural to assume that peers will lean more toward taking than giving. “When they anticipate self-interested behavior from others,” explains the Stanford psychologist Dale Miller, people fear that they’ll be exploited if they operate like givers, so they conclude that “pursuing a competitive orientation is the rational and appropriate thing to do.” There’s even evidence that just putting on a business suit and analyzing a Harvard Business School case is enough to significantly reduce the attention that people pay to relationships and the interests of others. The fear of exploitation by takers is so pervasive, writes the Cornell economist Robert Frank, that “by encouraging us to expect the worst in others it brings out the worst in us: dreading the role of the chump, we are often loath to heed our nobler instincts.
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Adam M. Grant (Give and Take: Why Helping Others Drives Our Success)
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This disease being in a house, and my business calling me to go near it, incites me to consider whether this is a real indispensable duty; whether it is not in conformity to some custom which would be better laid aside, or, whether it does not proceed from too eager a pursuit after some outward treasure. If the business before me springs not from a clear understanding and a regard to that use of things which perfect wisdom approves, to be brought to a sense of it and stopped in my pursuit is a kindness, for when I proceed to business without some evidence of duty, I have found by experience that it tends to weakness.
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Benjamin Franklin (The Complete Harvard Classics - ALL 71 Volumes: The Five Foot Shelf & The Shelf of Fiction: The Famous Anthology of the Greatest Works of World Literature)
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But was the Newton a failure? The timing of Newton’s entry into the handheld market was akin to the timing of the Apple II into the desktop market. It was a market-creating, disruptive product targeted at an undefinable set of users whose needs were unknown to either themselves or Apple. On that basis, Newton’s sales should have been a pleasant surprise to Apple’s executives: It outsold the Apple II in its first two years by a factor of more than three to one. But while selling 43,000 units was viewed as an IPO-qualifying triumph in the smaller Apple of 1979, selling 140,000 Newtons was viewed as a failure in the giant Apple of 1994.
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Clayton M. Christensen (Disruptive Innovation: The Christensen Collection (The Innovator's Dilemma, The Innovator's Solution, The Innovator's DNA, and Harvard Business Review ... Will You Measure Your Life?") (4 Items))
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Indeed, equal amounts of research support both assertions: that mentorship works and that it doesn’t. Mentoring programs break down in the workplace so often that scholarly research contradicts itself about the value of mentoring at all, and prompts Harvard Business Review articles with titles such as “Why Mentoring Doesn’t Work.” The mentorship slip is illustrated well by family businesses: 70 percent of them fail when passed to the second generation. A business-owner parent is in a perfect spot to mentor his or her child to run a company. And yet, sometime between mentorship and the business handoff, something critical doesn’t stick. One of the most tantalizing ideas about training with a master is that the master can help her protégé skip several steps up the ladder. Sometimes this ends up producing Aristotle. But sometimes it produces Icarus, to whom his father and master craftsman Daedalus of Greek mythology gave wings; Icarus then flew too high too fast and died. Jimmy Fallon’s mentor, one of the best-connected managers Jimmy could have for his SNL dream, served him up on a platter to SNL auditions in a fraction of the expected time it should take a new comedian to get there. But Jimmy didn’t cut it—yet. There was still one more ingredient, the one that makes the difference between rapid-rising protégés who soar and those who melt their wings and crash. III.
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Shane Snow (Smartcuts: The Breakthrough Power of Lateral Thinking)
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Under the direction of General Westmoreland, significantly himself a graduate of the Harvard Business School in which McNamara had at one time taught, the computers zestfully went to work. Fed on forms that had to be filled in by the troops, they digested data on everything from the amount of rice brought to local markets to the number of incidents that had taken place in a given region in a given period of time. They then spewed forth a mighty stream of tables and graphs which purported to measure “progress” week by week and day by day. So long as the tables looked neat, few people bothered to question the accuracy, let alone the relevance, of the data on which they were based. So long as they looked neat, too, the illusion of having a grip on the war helped prevent people from attempting to gain a real understanding of its nature.
This is not to say that the Vietnam War was lost simply because the American defense establishment’s management of the conflict depended heavily on computers. Rather, it proves that there is, in war and presumably in peace as well, no field so esoteric or so intangible as to be completely beyond the reach of technology. The technology in use helps condition tactics, strategy, organization, logistics, intelligence, command, control, and communication. Now, however, we are faced with an additional reality. Not only the conduct of war, but the very framework our brains employ in order to think about it, are partly conditioned by the technical instruments at our disposal.
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Martin van Creveld (Technology and War: From 2000 B.C. to the Present)
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Play Fair You’re sure to elicit a threat response if you provide feedback the other person views as unfair or inaccurate. But how do you avoid that, given how subjective perceptions of fairness and accuracy are? David Bradford of the Stanford Graduate School of Business suggests “staying on our side of the net”—that is, focusing our feedback on our feelings about the behavior and avoiding references to the other person’s motives. We’re in safe territory on our side of the net; others may not like what we say when we describe how we feel, but they can’t dispute its accuracy. However, when we make guesses about their motives, we cross over to their side of the net, and even minor inaccuracies can provoke a defensive reaction. For example, when giving critical feedback to someone who’s habitually late, it’s tempting to say something like, “You don’t value my time, and it’s very disrespectful of you.” But these are guesses about the other person’s state of mind, not statements of fact. If we’re even slightly off base, the employee will feel misunderstood and be less receptive to the feedback. A more effective way to make the same point is to say, “When you’re late, I feel devalued and disrespected.” It’s a subtle distinction, but by focusing on the specific behavior and our internal response—by staying on our side of the net—we avoid making an inaccurate, disputable guess. Because motives are often unclear, we constantly cross the net in an effort to make sense of others’ behavior. While this is inevitable, it’s good practice to notice when we’re guessing someone’s motives and get back on our side of the net before offering feedback.
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Harvard Business Review (HBR Guide to Coaching Employees (HBR Guide Series))
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The wages of laboring men in several counties toward London at tenpence per day in common business, the employer finds small beer and the laborer finds his own food; but in harvest and hay time wages are about one shilling per day, and the laborer hath all his diet. In some parts of the north of England poor laboring men have their food where they work, and appear in common to do rather better than nearer London. Industrious women who spin in the factories get some fourpence, some fivepence, and so on to six, seven, eight, nine, or ten pence per day, and find their own house-room and diet. Great numbers of poor people live chiefly on bread and water in the southern parts of England, as well as in the northern parts; and there are many poor children not even taught to read. May those who have abundance lay these things to heart!
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Benjamin Franklin (The Complete Harvard Classics - ALL 71 Volumes: The Five Foot Shelf & The Shelf of Fiction: The Famous Anthology of the Greatest Works of World Literature)
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In the words of Andy Grove: “To understand a company’s strategy, look at what they actually do rather than what they say they will do.”….
Here is a way to frame the investments that we make in the strategy that becomes our lives: we have resources – which include personal time, energy, talent and wealth – and we are using them to try to grow several “businesses” in our personal lives… How should we devote our resources to these pursuits?
Unless you manage it mindfully, your personal resource allocation process will decide investments for you according to the “default” criteria that essentially are wired into your brain and your heart. As is true in companies, your resources are not decided and deployed in a single meeting or when you review your calendar for the week ahead. It is a continuous process –and you have, in your brain, a filter for making choices about what to prioritize.
But it’s a messy process. People ask for your time and energy every day, and even if you are focused on what’s important to you, it’s still difficult to know which are the right choices. If you have an extra ounce of energy or a spare 30 minutes, there are a lot of people pushing you to spend them here rather than there. With so many people and projects wanting your time and attention, you can feel like you are not in charge of your own destiny. Sometimes that’s good: opportunities that you never anticipated emerge. But other times, those opportunities can take you far off course…
The danger for high-achieving people is that they’ll unconsciously allocate their resources to activities that yield the most immediate, tangible accomplishments…
How you allocate your own resources can make your life turn out to be exactly as you hope or very different from what you intend.
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Clayton M. Christensen (Aprendizagem organizacional os melhores artigos da Harvard Business Review)
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In a Harvard Business Review article titled “Do Women Lack Ambition?” Anna Fels, a psychiatrist at Cornell University, observes that when the dozens of successful women she interviewed told their own stories, “they refused to claim a central, purposeful place.” Were Dr. Fels to interview you, how would you tell your story? Are you using language that suggests you’re the supporting actress in your own life? For instance, when someone offers words of appreciation about a dinner you’ve prepared, a class you’ve taught, or an event you organized and brilliantly executed, do you gracefully reply “Thank you” or do you say, “It was nothing”? As Fels tried to understand why women refuse to be the heroes of their own stories, she encountered the Bem Sex-Role Inventory, which confirms that society considers a woman to be feminine only within the context of a relationship and when she is giving something to someone. It’s no wonder that a “feminine” woman finds it difficult to get in the game and demand support to pursue her goals. It also explains why she feels selfish when she doesn’t subordinate her needs to others. A successful female CEO recently needed my help. It was mostly business-related but also partly for her. As she started to ask for my assistance, I sensed how difficult it was for her. Advocate on her organization’s behalf? Piece of cake. That’s one of the reasons her business has been successful. But advocate on her own behalf? I’ll confess that even among my closest friends I find it painful to say, “Look what I did,” and so I don’t do it very often. If you want to see just how masterful most women have become at deflecting, the next time you’re with a group of girlfriends, ask them about something they (not their husband or children) have done well in the past year. Chances are good that each woman will quickly and deftly redirect the conversation far, far away from herself. “A key type of discrimination that women face is the expectation that feminine women will forfeit opportunities for recognition,” says Fels. “When women do speak as much as men in a work situation or compete for high-visibility positions, their femininity is assailed.” My point here isn’t to say that relatedness and nurturing and picking up our pom-poms to cheer others on is unimportant. Those qualities are often innate to women. If we set these “feminine” qualities aside or neglect them, we will have lost an irreplaceable piece of ourselves. But to truly grow up, we must learn to throw down our pom-poms, believing we can act and that what we have to offer is a valuable part of who we are. When we recognize this, we give ourselves permission to dream and to encourage the girls and women
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Whitney Johnson (Dare, Dream, Do: Remarkable Things Happen When You Dare to Dream)
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Özgün (otantik) liderler, içi dışı bir olan ve üstlendiği misyonu gerçekleştirirken ilkelerinden ve ahlak anlayışından taviz vermeyen liderlerdir. Otantik liderler, statü ayrıcalıklarına ihtiyaç duymazlar; kendilerini oldukları gibi ifade ederler. Otantik liderlik, samimiyet, sahicilik ve doğallık üzerine kuruludur. Bu liderler etraflarında tek tip, kendilerini onaylayan insanlar bulundurmak yerine yaratıcı fikirleri olan insanları barındırmayı ve çeşitlilik içeren bir ortamda ahenge ulaşmayı hedeflerler. Otantik liderler ilişkilerini güven, sevgi ve hoşgörü üzerine inşa ederler. Otantik liderler, egolarını sergilemeye meraklı değildirler. Aksine hayata ve kendilerine daha sakin bir gözle bakan, bireysel dönüşümlerini gerçekleştirmiş insanlardır. Samimi ve içten olmaları, kendileriyle barışık olmalarındandır. Bu nedenle otantik liderler en çok kendilerine benzerler. Otantik liderler, çevrelerindeki insanların kendi yollarını bulmalarına destek olurlar. Herkesi “tek tip” bir kalıba sokmak yerine, insanların içindeki hapsolmuş enerjiyi ateşleyerek onların “kendileri olmalarına” imkan verirler. Fred Walumbwa, William Gardner ve Bruce Avalio otantik liderliği 4 farklı ama birbiriyle bağlantılı bileşen etrafında tarif ediyorlar: 1- Farkındalık: Otantik liderler kendileriyle barışıktırlar. Kendilerini iyi tanırlar. Duygularının, motivasyonlarının farkındadırlar. Zaaflarını, zafiyetlerini de en az güçlü yanları kadar iyi bilirler. Kendileriyle samimi ve dürüst bir ilişkileri vardır. Bundan dolayı da sahicilik, samimiyet ve güvenilirlik onların karakterlerinin en belirgin özellikleridir. Bu içselleştirilmiş kendine güven duygusu, onların çevresindeki insanlarla da olumlu ilişkiler kurmalarında son derece önemli bir rol oynar. Kendilerini tanıma, anlama ve geliştirme yolunda verdikleri emek sayesinde başkalarının da gelişimine saygı duymayı ve gerektiğinde hoşgörülü olmayı da bilirler. 2- Tarafsız düşünebilme: Otantik liderler karar alırken herkesi dinler ve bütün bilgileri analiz ederler. Adam kayırmazlar, herkese eşit mesafede dururlar. Kimi zaman kendi aleyhlerine bile olacak olsa tarafsızlıktan, evrensel ilkelere dayanarak karar almaktan taviz vermezler. Tarafsızlık onların güvenilirliğini pekiştirir, etkilerini artırır. Tarafsız oldukları için, aldıkları kararları onaylamayan insanlar bile onlara saygı ve güven duyarlar. 3- İçselleştirilmiş ahlak anlayışı: Otantik liderlerin üst düzey ahlaki standartları vardır. Karar alırken evrensel insani değerlerden hareket ederler. Olayları ve insanları ilkeli ve ahlaki bir süzgeçle değerlendirir, vicdanlarını dinleyerek karar alırlar. Kriterleri, başkalarının ne düşüneceği değil, sahip oldukları değerlerdir. Otantik liderlerin ahlak standartları kendi vicdanlarında saklıdır. 4-İlişkilerde şeffaflık: Otantik liderler kendi düşüncelerini ve duygularını ifade ederken şeffaf davranırlar. Bir şeyleri saklamak, gizli ajandalarla davranmak, insanları maniple etmek, kapalı kapılar arkasında iş çevirmek gibi huyları yoktur. Otantik liderler kurdukları ilişkilerde şeffaf davrandıkları için güven telkin ederler ve kendileri de başkalarına güvenerek ilişki kurarlar. Bu sebeple de hatalarını kabul etmekte, özür dilemekte ve telafi etmekte hiç zorlanmazlar. Harvard Business School profesörlerinden Bill George, bugüne kadar liderlerin çoğunun otantik liderlik ilkelerine odaklanmamasının, dünyayı krize sokan temel faktörlerin başında geldiğini söyler. Hatta Lehman Brothers, Goldman Sachs gibi devlerin çöküşünün sadece ekonomik nedenlere dayanmadığını, “karizmatik” diye adlandırılan lider tipinin bu şirketlerin batmasında önemli rol oynadığını savunur. Bugün hepimiz biliyoruz ki bu liderler, bilgi ve beceri konusunda eksiği olan liderler d
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Anonymous
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Over the next year, he practiced every day. In his diary, he wrote as if his control over himself and his choices was never in question. He got married. He started teaching at Harvard. He began spending time with Oliver Wendell Holmes, Jr., who would go on to become a Supreme Court justice, and Charles Sanders Peirce, a pioneer in the study of semiotics, in a discussion group they called the Metaphysical Club.9.30 Two years after writing his diary entry, James sent a letter to the philosopher Charles Renouvier, who had expounded at length on free will. “I must not lose this opportunity of telling you of the admiration and gratitude which have been excited in me by the reading of your Essais,” James wrote. “Thanks to you I possess for the first time an intelligible and reasonable conception of freedom.… I can say that through that philosophy I am beginning to experience a rebirth of the moral life; and I can assure you, sir, that this is no small thing.” Later, he would famously write that the will to believe is the most important ingredient in creating belief in change. And that one of the most important methods for creating that belief was habits. Habits, he noted, are what allow us to “do a thing with difficulty the first time, but soon do it more and more easily, and finally, with sufficient practice, do it semi-mechanically, or with hardly any consciousness at all.” Once we choose who we want to be, people grow “to the way in which they have been exercised, just as a sheet of paper or a coat, once creased or folded, tends to fall forever afterward into the same identical folds.” If you believe you can change—if you make it a habit—the change becomes real. This is the real power of habit: the insight that your habits are what you choose them to be. Once that choice occurs—and becomes automatic—it’s not only real, it starts to seem inevitable, the thing, as James wrote, that bears “us irresistibly toward our destiny, whatever the latter may be.
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Charles Duhigg (The Power Of Habit: Why We Do What We Do In Life And Business)
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Although thrilled that the era of the personal computer had arrived, he was afraid that he was going to miss the party. Slapping down seventy-five cents, he grabbed the issue and trotted through the slushy snow to the Harvard dorm room of Bill Gates, his high school buddy and fellow computer fanatic from Seattle, who had convinced him to drop out of college and move to Cambridge. “Hey, this thing is happening without us,” Allen declared. Gates began to rock back and forth, as he often did during moments of intensity. When he finished the article, he realized that Allen was right. For the next eight weeks, the two of them embarked on a frenzy of code writing that would change the nature of the computer business.1 Unlike the computer pioneers before him, Gates, who was born in 1955, had not grown up caring much about the hardware. He had never gotten his thrills by building Heathkit radios or soldering circuit boards. A high school physics teacher, annoyed by the arrogance Gates sometimes displayed while jockeying at the school’s timesharing terminal, had once assigned him the project of assembling a Radio Shack electronics kit. When Gates finally turned it in, the teacher recalled, “solder was dripping all over the back” and it didn’t work.2 For Gates, the magic of computers was not in their hardware circuits but in their software code. “We’re not hardware gurus, Paul,” he repeatedly pronounced whenever Allen proposed building a machine. “What we know is software.” Even his slightly older friend Allen, who had built shortwave radios, knew that the future belonged to the coders. “Hardware,” he admitted, “was not our area of expertise.”3 What Gates and Allen set out to do on that December day in 1974 when they first saw the Popular Electronics cover was to create the software for personal computers. More than that, they wanted to shift the balance in the emerging industry so that the hardware would become an interchangeable commodity, while those who created the operating system and application software would capture most of the profits.
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Walter Isaacson (The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution)