BATS Global Markets' President William O'Brien has left the company. Insight to his exit, with CNBC's Bob Pisani.» Read More
Changing employers is part of the marketplace and while most of us won’t make media-frenzied transitions like James, we'll still have to do it at some point. Doing it well is just another test of professional acumen, and there are several reasons why the issue deserves our attention.
The answer to that question—and to the importance of the office as a whole—lies in the sense of community. Sure, it might be possible to communicate with whomever you need to within your company by phone and email, but doing so exclusively takes a toll on everyone involved.
The personal benefit is clear, of course, as you get to frolic in a pursuit that may have taken a backseat. But the professional benefit, while indirect, is equally valuable — your personal renewal will contribute to your effectiveness on the job. Energy, ability to focus, creativity, likeability — all of these intangible but critical qualities will improve.
The weakness question is a test: how well do you handle yourself? It presents an elegant, damned-if-you-do, or-don't trap.
If you're reading this blog, chances are you've been involved in developing a succession plan or planning one in the near future. However, this process of training and development at companies can get much more complicated when the departing executive is the company founder.
Investors are braced for a clear-out of BP’s leadership once its leaking oil well in the Gulf of Mexico is capped, the Financial Times reports.
I feel a market uptick. As a former recruiter, I still am involved in recruiter networks, and my colleagues are busy. Most telling of all, companies are looking for recruiters, indicating a commitment to hiring on an ongoing basis.
The U.S. economy has had two crises that were followed by long periods of depressed economic activity, high unemployment, and instability lasting more than a decade...Conditions are emerging that could cause that to happen again, and without a radical change in policy, the nation is at risk of a terrible calamity.
Friday, forecasters expect the Labor Department to report the economy shed about 110 thousand jobs in June and unemployment rose to 9.8 percent. Economists expect the private sector created about 110,000 jobs but government employment dropped twice that amount, as many temporary census jobs disappeared. Twelve months into recovery from such a deep recession, this is a terrible performance.
The U.S. soccer team's run in the World Cup came to an agonizing conclusion against Ghana on Saturday, but unlike many of the major European nations competing, the team can at least head home with their heads held high. And none more so than coach Bob Bradley, who has offered myriad leadership lessons over the course of the two weeks the U.S. team was involved at the world's most-watched sporting event.
Day two of the New York Forum in full swing this morning. Mayor Bloomberg opened the meeting today by discussing the government's role to promote economic activity. Wall Street remains the top industry for the Big Apple. Finance remains the economic engine for the United States.
Learning to embrace opposition and maneuvering it toward resolution is no easy task. Even in the most modern and youth-centric offices, traditional rules and authority often end up becoming reasons for dissent and fraction. But sometimes all it takes is a different take on the process or eventual conclusion of a project. As an executive, then, how do you handle conflicting ideas from team members?
Fed policy is much less relevant to U.S. growth and price stability than in the days of Paul Volcker, because China's yuan policy has substantially limited the importance of Fed interest rate decisions by severing the historic link between short interest rates-like the federal funds rate it targets-and long rates on mortgages, corporate bonds, and the securities banks use to finance lending on cars and credit cards.
Change. It's a word not many people like to hear, either in their personal or their professional lives. Usually it means breaking from the usual, comfortable, established way of doing things and striking out for new territory, be it physical, mental, or emotional.
As worldwide need for aluminum expands, demand for Alcoa products will grow 10 percent this year, with a full 50 percent of that coming from China, Klaus Kleinfeld, CEO and director, told CNBC Friday.
Running derivatives through clearinghouses, part of the proposed financial regulations reforms now in Congress, will make them more secure and eventually may pump up their volume, Vikram Pandit, CEO of Citigroup told CNBC Friday.
PepsiCo and ThinkSocial, a nonprofit initiative at the Paley Center for Media that advances use of social and mobile media for public purposes, hosted a unique event last week aimed at highlighting the growing buzz around corporate sustainability and using social media to leverage it. Marketing heads from global brands like GE, Timberland, Nokia and PepsiCo were on hand to not only discuss their CSR initiatives but also show how they are embracing their social media networks to leverage brand awareness.
You can’t expand your network if you always only focus on people you already know. You have to take a chance, like this person did, and reach out to people. Attend social events, go to conferences, take classes, participate in community activities, and then actually reach out to the people you meet.
What themes do you expect to emerge when you gather a bunch of leading businesspeople and experts on innovation and organizational change, and have them present their thoughts in a two-day conference in New York City?
Sadly, President Obama, by persistently scolding BP and using inflammatory rhetoric, has done little to improve BP’s efforts to cap the well and mitigate the damage, or to foster effective cooperation between federal and state agencies that could improve those efforts.
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