It costs $144,000 US to get a Master of Business Administration degree at the Harvard Business School (HBS). Anyone paying that amount of money isn’t just buying an education – they’re also buying into a reputation, and gaining entry into a self-perpetuating elite circle of control. That’s why business journalist Duff McDonald’s new book, The Golden Passport: Harvard Business School, The Limits of Capitalism, and the Moral Failure of the MBA Elite, is a much-needed critique. It takes an uncompromising look at how HBS operates, and how (more…)
Canada’s federal government released its 2017 budget last week – and the word of the day was “innovation”. By one estimate, “innovation” is mentioned more than 200 times in the 278-page budget document. And there’s lots of money available for innovation too: more than $8.2 billion directed toward various programs around skill and product development.
But despite the numerous mentions of “innovation” in the budget document, it’s difficult to find a clear explanation of how the federal government defines that term. The government is right that workplaces are changing, and that workers and employers need to adapt to changes that affect their industries. But from looking at what the government is actually funding, it appears that the government is defining “innovation” mostly in relation to developing new technology, particularly around inventions that can be patented or commercialized. And much of the funding around “innovation” is devoted to creating conditions in which technology-based development can happen: for example, supporting “superclusters” of researchers and entrepreneurs to encourage business development in technology-related industries, or funding programs that teach kids how to code.
But let’s step back and look at this for a minute. (more…)
If you are involved in hiring, or if you do research about hiring, one of the terms that you consistently encounter is “person-organization fit”. That term describes the idea that in a successful hiring, the values of the employee match the values of the organization. However, in turbulent labour markets, job seekers may be less concerned with finding a “fit” and more concerned with just finding a job. On the other side of the equation, employers may be less worried about “fit” and more worried about finding someone who’s capable of adequately performing the job. Those priorities can result in more and more workplace “misfits” – employees who don’t feel like they belong in the organization, or who don’t want to be there, but who don’t feel they have the option to leave.
A research article published late last year takes a very interesting perspective on the “misfit” experience. It seems reasonable to assume that because misfits are unhappy at work, their job performance would be poor, and they would tend to be disengaged from the organization. However, this study proposes that, (more…)
When Mary Tyler Moore passed away this week at the age of 80, the world lost a very talented performer. But the world also lost a woman that made a difference for other women. In the 1970s, through her TV show The Mary Tyler Moore Show – which she co-created and co-produced, as well as starred in – Moore helped to change attitudes about workplace equality.
Dan McGarry, who teaches human resource management at Seneca College in Ontario, sent me this post, which he also put on his course website. He wanted to tell his students how important Moore’s television show was in depicting the barriers that women faced at work.
Mary Tyler Moore’s name may mean very little or nothing to most of you, except that you heard that she passed away yesterday. However her television show, which used just her name, was a groundbreaker when it was first aired starting in 1970. Her character of Mary Richards was the first ‘career woman’ portrayed as the primary character in a TV show. 30-something, unmarried and unattached, she demonstrated something new in the mass media: a woman who could ‘make it on her own’. (more…)
At the start of a new year, a lot of people make resolutions for what they want to achieve in the next twelve months – and often those resolutions have something to do with work. The resolution could be to choose a new career, to get more education, or to look for a new job. So now is a particularly appropriate time to look at two recent studies about bias in employers’ hiring processes. The results of these studies demonstrate that job applicants can often be rejected for reasons that have absolutely nothing to do with their ability to do the job. And the studies also suggest that biased hiring has effects that go way beyond individual careers or workplaces.
These two studies used essentially the same methodology, which is (more…)
I wrote an opinion article for the Report on Business section of the Globe and Mail newspaper, responding to recent comments by Canadian politicians that workers should “get used to” job churn and precarious work. You can read the article here.
Diversity in the workforce is a challenging issue for many organizations, but it’s particularly critical for universities. This is partly because many universities are publicly funded, which might imply that they have a larger responsibility to represent the population that financially supports them. And universities that teach about inclusivity and equality should surely be expected to live those values in their own operations.
But another reason is that universities are large and very visible organizations. Unlike workers at companies whose operations are largely unseen, workers at universities interact with large numbers of people – students, communities, governments – every day. So if there is a lack of diversity in the workforce at universities, it will be far more noticeable than it might be in other types of organizations.
Statistics Canada collects data on gender diversity among post-secondary instructors, but it doesn’t collect data on racial, ethnic or international diversity in that occupation. So I was very interested in (more…)
An incredibly inspirational post from venture capitalist Mark Suster, about a program giving entrepreneurial opportunities to prisoners.
I know the title “I promise you one of the most meaningful days of your life” sounds grandiose but I mean it and I hope you’ll read through to the end and choose to take one small, totally free action, that will change your life and likely those of others.On September 10th of this year I…
The 2016 Summer Olympics happened while the blog was on vacation. I have to admit that I had mixed feelings about the event, for many of the same reasons that were so eloquently expressed by fellow blogger Caitlin Constantine. And after the event ended, I read a very thoughtful and critical article which got me thinking about how the Olympics affect the structure and funding of amateur sports in Canada.
So I’m going to write two posts related to the Olympics. This, the first post, is about a wonderful speech by an Olympic athlete that I heard earlier this year. The second, which I’ll post later on, is about how, while the Olympics are supposed to inspire people to get active, their effects on amateur sport may be making it more difficult for non-elite athletes to do that.
In June, I had the privilege of hearing a talk by world and Olympic champion curler Marc Kennedy.
This wasn’t the first time that I’ve been at a presentation by a high-achieving athlete. My cynical self was expecting a recycling of the usual themes in these speeches: “work hard”, ”have a dream”, ”fight through setbacks”, ”never give up”. But instead, Kennedy’s speech was a very insightful and honest look at the realities of performance at an elite level – and a lot of what he said has relevance to work and to life, as well as to sports. These are the points from what Kennedy said that really stuck with me. (more…)
Underemployment is a phenomenon in the labour market that doesn’t get a lot of attention. That’s partly because the term “underemployment” can mean a couple of different things. One definition of “underemployment” is part-time workers who would prefer to be working full-time, or who are actively seeking full-time work while working part-time. Those situations aren’t always captured by measures that simply count the numbers of part-time workers, because those data don’t look at workers’ reasons why they are working part-time.
Another definition of “underemployment” is workers that have higher qualifications than the requirements of the job they’re employed in. This is also referred to as “overqualification”. And there’s a new study with some fascinating data about underemployment or overqualification among people with graduate degrees. (more…)