From Inc Magazine – ” Research says the best way to bring change into your life is by creating new routines and sticking to them until they become habits. The way to make sure we cultivate the new behavior is to reward ourselves. With motivation, we repeat the action again and again until it becomes ingrained.”
From Knowledge@Wharton – “Concerns over China’s slowing economy that sent global stock and commodity markets on a recent free fall are heightened by the opacity and conflicting signals from the country’s political leadership and its central bank. While the markets recovered somewhat in subsequent days and the panic ebbed, the obstacles China faces remain along with their implications on the global economy. Those issues have cast a cloud over the prospects of a widely expected interest rate hike by the U.S. Federal Reserve in September.”
From Knowledge@Wharton – “A lot of people think that China is really only growing at 3% or 4% right now instead of the official 7% that came out in the last quarter. Something else that’s a little disturbing about China is that in the earlier years, China would grow because of … tremendous growth in productivity. Now they seem to have to build bridges and dams and all the rest. They want to stimulate consumer [spending], but the only way you’re going to stimulate the consumer is with productivity [gains]. They’re trying to get the consumer to buy more, and he and she is not doing that, so they’re sort of doing a last-resort type of stimulus. All these things are adding to this idea that China — which is either the biggest economy in the world or the second to the United States, we’re just about co-equal — is faltering, and that obviously is going to effect world outlook.”
From Knowledge@Wharton – “a tight job market tends to promote the growth of toxic environments, but that in any event, it takes two to tango in a toxic relationship. ‘To be abusive, someone has to have power over you or attempt to have power over you, and then you have to in some way authorize them to behave in that way,’ Shea points out. ‘So why would you do that? You might need the job; maybe you’re in tough financial straits at that time. That’s on the receiving end. On the giving end of that abuse are people who are simply unaware, or don’t care, or who are under remarkable pressure themselves, as in kicked-dog syndrome [displaced aggression].’
From Bloomberg.com – “After America dominated the 20th century, a view formed that Asia would be the next to lead the world in economic and cultural influence. Africa may have something to say about that before the century is out. The continent will claim three of the world’s 10 most populous countries in 2050, according to projections released Tuesday by the Population Reference Bureau in Washington. The largest of those, Nigeria, will be just 1 million people shy of the U.S.’s size, with Democratic Republic of the Congo and Ethiopia entering the list. They replace Russia and Mexico, with the former’s exit leaving Europe with no country on the top 10 list.”
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From Business Rhythm with Frank & Jamie – “management consultants provide advice and assistance to companies on strategy, marketing, operations, and other aspects of the business and organization. In this field, success is defined by the consultant’s ability to get the client to accept and implement recommendations, although the consultant’s value can often be provided in many other ways. For example, the client may want to have an outside perspective that will bring about better understanding of the company situation to improve decision making.”
From FT.com – “As the global economy heals, a brave new world is emerging for workers in which more temporary jobs are being created — especially for the young. FT experts discuss this employment shift and what the ‘gig’ economy means for workers and productivity.”
From Knowledge@Wharton – “Is climate change speeding up? A new study by James Hansen, perhaps the world’s foremost climate scientist, and 16 co-authors suggests that ice shelves and glaciers in Greenland and Antarctica may be melting 10 times faster than previous consensus estimates suggested. That would lead to a rise in sea levels of 10 feet in as little as 50 years. “
