The Daily Stat from Harvard Business Review

 

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September 30, 2014 Do Academically Marginal Students Benefit from College? The Data Says Yes. A study of Florida high-schoolers whose grades were just good enough for admission to a public university shows that higher education provided significant financial benefits for these students: 8 to 14 years after high school, their earnings were 22% higher than those of peers who hadn't gone to college, with male students showing the largest gains, says Seth D. Zimmerman of Yale. These benefits outstrip the costs of college attendance, he says. SOURCE: The Returns to College Admission for Academically Marginal Students

PREVIOUS STATS Repeated Texting Can Thicken the Tendons in Your Thumbs Women Negotiate Better for Themselves If They're Told It's OK to Do So Back in the Day, You Only Needed to Be Smart; Now You Need a Degree Money Matters More for Well-Being in Rich Countries than in Poor Immigrants' Willingness to Trust Is Affected By Where Their Mothers Were Born Melanoma Incidence Is Much Higher for Flight Crews

BEST SELLERS HBR's 10 Must Reads: The Essentials | HBR's 10 Must Reads Boxed Set | HBR Guide to Persuasive Presentations | HBR Guide to Better Business Writing | HBR Guide to Getting the Right Work Done

FEATURED PRODUCT Playing to Win Strategy Toolkit HBS Press Toolkit Be confident in your strategy success. The best-selling book by A.G. Lafley, CEO of Procter & Gamble, and Roger Martin of the Rotman School of Management revealed a tested approach to strategy based on making smart choices to stay ahead of the competition that has been embraced by business leaders worldwide. Now, the Playing to Win Strategy Toolkit delivers this industry-proven framework with step-by-step support to develop and implement successful strategy in any organization. With expert advice from Roger Martin, customizable support, and guidance throughout the entire process, this comprehensive tool will help you lead your team through a successful strategy initiative. The toolkit consists of five components: 1) A comprehensive facilitator's guide provides advice about how to prepare, who to involve, and what common challenges to avoid 2) Four detailed case studies show how real-world companies are using the "Playing to Win" approach. 3) Three fully customizable meeting decks to help you save time and meeting management headaches. 4) A set of short video clips from Roger Martin offers advice on getting started and solving common strategy obstacles. 5)The bestselling e-book "Playing to Win: How Strategy Really Works." Buy Now

FEATURED PRODUCT The Innovator's Method HBS Press Book Have you ever come up with an idea for a new product but didn’t know how to take the next step? Following the breakout success of The Innovator’s DNA—this book shows how to make those ideas actually happen and commercialize them for success. Based on their research inside corporations and successful start-ups, Furr and Dyer developed the innovator’s method, an end-to-end process for creating, refining, and bringing ideas to market. They show when and how to apply the tools of their method, how to adapt them to your business, and how to answer commonly asked questions about the method itself, including: How do we know if this idea is worth pursuing? Have we found the right solution? Whether you’re launching a start-up, leading an established one, or simply working to get a new product off the ground in an existing company, this book is for you. Buy Now

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HBR.ORG | THE MAGAZINE | BLOGS | BOOKS | CASES | STORE | SUBSCRIBE TO HBR UNSUBSCRIBE | NEWSLETTERS PRIVACY POLICY | CONTACT Copyright © 2014 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing 60 Harvard Way Boston, MA 02163 CUSTOMER SERVICE: 800-545-7685 (US/Canada) 1-617-783-7600 (outside the U.S. and Canada)

 

The Management Tip of the Day from Harvard Business Review

 

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September 30, 2014 Marketers Shouldn’t Leave Recruiting Up to HR Many marketers don't think of recruiting as a marketing challenge – they leave it up to HR. But acquiring and retaining talent is no different than acquiring and retaining customers, which makes marketers uniquely qualified to help bring in new employees. If you want to attract the best candidates in a competitive marketplace, don't forget your marketing basics. These are the questions you need to answer: Value proposition: What is the source of your differentiation? Do you have a good elevator pitch and consistent messaging in your communications? Market research: Where can you find the talent you want? What is important to them in a job, career, team and employer? Pricing: What are the key elements of compensation (salary, bonus, benefits, equity), and how do you compare with competitors? Sales: When you have found the right candidate, do you move quickly to close? Brand: Are you visible in the marketplace with a reputation for innovation and excellence? Adapted from " Strategies to Attract Superpower Marketing Talent" by Cara France and Mark Bonchek.

PREVIOUS TIPS Be a Better Manager by Coaching Your Employees Track How You’re Using Your Time How to Earn – and Keep – Your Team’s Trust Show You’ve Changed Even If Your Role Hasn’t Don’t Let Others’ Emotions Stop You from Negotiating Win Someone Over by Asking for Advice

BEST SELLERS HBR's 10 Must Reads: The Essentials | HBR's 10 Must Reads Boxed Set | HBR Guide to Persuasive Presentations | HBR Guide to Better Business Writing | HBR Guide to Getting the Right Work Done

FEATURED PRODUCT Playing to Win Strategy Toolkit HBS Press Toolkit Be confident in your strategy success. The best-selling book by A.G. Lafley, CEO of Procter & Gamble, and Roger Martin of the Rotman School of Management revealed a tested approach to strategy based on making smart choices to stay ahead of the competition that has been embraced by business leaders worldwide. Now, the Playing to Win Strategy Toolkit delivers this industry-proven framework with step-by-step support to develop and implement successful strategy in any organization. With expert advice from Roger Martin, customizable support, and guidance throughout the entire process, this comprehensive tool will help you lead your team through a successful strategy initiative. The toolkit consists of five components: 1) A comprehensive facilitator's guide provides advice about how to prepare, who to involve, and what common challenges to avoid 2) Four detailed case studies show how real-world companies are using the "Playing to Win" approach. 3) Three fully customizable meeting decks to help you save time and meeting management headaches. 4) A set of short video clips from Roger Martin offers advice on getting started and solving common strategy obstacles. 5)The bestselling e-book "Playing to Win: How Strategy Really Works." Buy Now

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HBR.ORG | THE MAGAZINE | BLOGS | BOOKS | CASES | STORE | SUBSCRIBE TO HBR UNSUBSCRIBE | NEWSLETTERS PRIVACY POLICY | CONTACT Copyright © 2014 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing 60 Harvard Way Boston, MA 02163 CUSTOMER SERVICE: 800-545-7685 (US/Canada) 1-617-783-7600 (outside the U.S. and Canada)

 

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Weekly Hotlist: CEOs Get Paid Too Much, According to Pretty Much Everyone in the World

 

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September 29, 2014 CEOs Get Paid Too Much, According to Pretty Much Everyone in the World By Gretchen Gavett This is regardless of political affiliation.

Managing people Map Out Cultural Conflicts on Your Team by Erin Meyer Move beyond assumptions. Leading teams 5 Tips for New Team Leaders by Jeanne DeWitt Overcommunicate, for a start. Compensation The Salary Gap Between Stingy and Generous Companies Is Growing by Walter Frick And it's a big factor in rising inequality. Talent management 4 Ways to Retain Gen Xers by Sylvia Ann Hewlett Research shows they have one foot out the door. Budgeting How to Prioritize Your Innovation Budget by Brad Power Spend on tomorrow's opportunities, not just today's needs. Transparency Why We Hide Some of Our Best Work by Ethan Bernstein Too much transparency can backfire. Career planning Getting Past a Career Setback: An Example and a Test by Ron Ashkenas Success involves knowing how to turn your losses around. Innovation To Innovate in a Big Company, Don't Think "Us Against Them" by Whitney Johnson Your CEO isn't Goliath.

BEST SELLERS HBR's 10 Must Reads: The Essentials | HBR's 10 Must Reads Boxed Set | HBR Guide to Persuasive Presentations | HBR Guide to Better Business Writing | HBR Guide to Getting the Right Work Done

FEATURED PRODUCT The First 90 Days App for iPhone MAKE YOUR NEXT CAREER TRANSITION A SUCCESS. Download The First 90 Days App today to help you stay ahead of the game. Download on the App Store

FEATURED PRODUCT HBR Guide to Coaching Your Employees HBR Press Book When you're swamped with your own work, how can you make time to coach your employees—and do it well? If you don't help them build their skills, they'll keep coming to you for answers instead of finding their own solutions. Got a star on your team who's eager to advance? An underperformer who's dragging the group down? A steady contributor who feels bored and neglected? You'll need to agree on goals for growth, motivate your people to achieve them, support their efforts, and measure their progress. This guide gives you the tools to do that. You'll get better at (1) Matching people's skills with your organization's needs; (2) Creating realistic but inspiring plans for growth; (3) Customizing your approach; (4) Prompting with questions before you dispense advice; (5) Providing the support your employees need to achieve peak performance; (6) Giving them feedback they'll actually apply; (7) Tapping their learning styles to make greater progress; (8) Giving people room to grapple with problems and discover solutions; (9) Engaging your employees and fostering independence. Buy It Now

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HBR.ORG | THE MAGAZINE | BLOGS | BOOKS | CASES | STORE | SUBSCRIBE TO HBR UNSUBSCRIBE | NEWSLETTERS PRIVACY POLICY | CONTACT Copyright © 2014 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing 60 Harvard Way Boston, MA 02163 CUSTOMER SERVICE: 800-545-7685 (US/Canada) 1-617-783-7600 (outside the U.S. and Canada)

 

The Daily Stat from Harvard Business Review

 

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September 29, 2014 Repeated Texting Can Thicken the Tendons in Your Thumbs The tendon that extends to the tip of the thumb showed significant thickening in research subjects who were frequent texters and who repeatedly flexed the interphalangeal joint, which is closest to the thumbnail, while texting, according to a medical study reported by the Wall Street Journal. The greater the number of texts, the thicker the tendon. Frequent texters (an average of 1,209 messages per month) reported greater thumb pain in the dominant texting hand than infrequent texters (50 per month). SOURCE: Texting Frequently with Thumbs May Cause Tendinitis

PREVIOUS STATS Women Negotiate Better for Themselves If They're Told It's OK to Do So Back in the Day, You Only Needed to Be Smart; Now You Need a Degree Money Matters More for Well-Being in Rich Countries than in Poor Immigrants' Willingness to Trust Is Affected By Where Their Mothers Were Born Melanoma Incidence Is Much Higher for Flight Crews Is UPS Making Big Money on All Those Amazon Packages? Not Quite

BEST SELLERS HBR's 10 Must Reads: The Essentials | HBR's 10 Must Reads Boxed Set | HBR Guide to Persuasive Presentations | HBR Guide to Better Business Writing | HBR Guide to Getting the Right Work Done

FEATURED PRODUCT The Innovator's Method HBS Press Book Have you ever come up with an idea for a new product but didn’t know how to take the next step? Following the breakout success of The Innovator’s DNA—this book shows how to make those ideas actually happen and commercialize them for success. Based on their research inside corporations and successful start-ups, Furr and Dyer developed the innovator’s method, an end-to-end process for creating, refining, and bringing ideas to market. They show when and how to apply the tools of their method, how to adapt them to your business, and how to answer commonly asked questions about the method itself, including: How do we know if this idea is worth pursuing? Have we found the right solution? Whether you’re launching a start-up, leading an established one, or simply working to get a new product off the ground in an existing company, this book is for you. Buy Now

FEATURED PRODUCT Harvard ManageMentor HARVARD MANAGEMENTOR Arm yourself with the expert advice, hands-on tools, and potent practices you need to tackle your toughest managerial challenges. Harvard ManageMentor's Full Access is a comprehensive online resource of 44 modules that allows you to build and refresh the skills you need to succeed, whenever and where you want. Harvard ManageMentor provides you with: Interactive exercises to prepare you for real-world challenges Flexible features to follow your own learning path Downloadable tools and templates you can use right away Engaging audio and video An online forum with answers and advice from managers like you Buy Now

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HBR.ORG | THE MAGAZINE | BLOGS | BOOKS | CASES | STORE | SUBSCRIBE TO HBR UNSUBSCRIBE | NEWSLETTERS PRIVACY POLICY | CONTACT Copyright © 2014 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing 60 Harvard Way Boston, MA 02163 CUSTOMER SERVICE: 800-545-7685 (US/Canada) 1-617-783-7600 (outside the U.S. and Canada)