Author: EconLearner

getty To stand out from other candidates, job seekers are increasingly required to acquire certifications, learn new skills, and develop their personal brands. However, these rapidly changing expectations have led to common misconceptions among job seekers about what it takes to get hired. Here, 11 Council of Young Entrepreneurs Members share their thoughts on these common beliefs and the advice they would give to job seekers. Review their insights to gain clarity on how prospective candidates can develop the right strategies to land their dream jobs. 1. “Qualifications alone will get me the job” A major misconception is to think…

Ready for some big tax savings from tax loss harvesting?getty As we approach the end of the year, now might be the time to see if tax loss harvesting could help you lower your taxes for 2023. If you’ve turned on the TV or watched the news, you’re probably aware that almost all departments of the stock market were down in 2022. For its part, 2023 has also been quite volatile, even though many people have seen some decent returns in their investment accounts. Even if your portfolio has grown over the years, you may have some losers, or perhaps…

Mark Schwartz is the Senior Vice President of Construction Enterprise Solutions at Triple. getty By 2050, the Earth’s population is projected to increase by approx 9.7 billiondemanding an increase in food production by 60% to 70% while the use of even less land and water as resources continues to be affected by climate change. Precision farming, which is the science of improving performance through sensors and analytics tools, is already being used to help address this challenge. However, it requires farmers to have the right specialized equipment, software and connectivity to work because real-time data must be collected in the…

What can we make of the new online marketing landscape and how might consumer interactions be transformed?Jacob Tinyassistant professor of marketing at the Kellogg School, spoke to me Kellogg Insight on advances in ad personalization, the ways tech companies are rethinking their privacy policies, and the rise of authenticity.This interview has been edited for length and clarity.Kellogg Insight: What current trends are you following most in the digital marketing space? How do you see these trends affecting the broader marketing landscape?Jake Tinney: These days, I’ve become interested in people’s privacy concerns. Privacy is a bit of a paradox, because while…

With entire populations isolated and quarantined, companies see demand for some items spike and plummet for others, while their access to parts and labor from around the world is severely disrupted.”Weather-related supply disruptions have been much more common over the past 20-25 years,” says Sunil Chopra, “but this is the first time I’ve really seen a risk of supply disruptions because people can’t go at work .”On a societal level, this has led to shortages of products such as hand sanitizer and masks. Fortunately, hand sanitizer is simple to produce, allowing other producers such as perfume manufacturers and distilleries, to…

“Boards are sometimes portrayed as just storefronts, with the management team fully driving the strategic change,” he says Edward J. Zajacthe James F. Beré Professor of Management and Organizations at Kellogg.Zajac wondered if effectiveness might differ among individual managers. Having served on several boards, “I’ve always been curious about why certain directors’ comments tend to stick around and resonate more with the rest of the group,” he says.Zajac had a hunch about the kind of managers who could be most influential: namely, those who bring to the boardroom a combination of deep and broad expertise, spanning multiple industries, companies and…

Since the launch of Google Career Certificates, over 200,000 people have graduated from the program in … [+] in the US, and over 70% of them report a positive career impact, such as a new job, higher salary or promotion, within six months of completion.getty For people, both with and without a college degree, it’s a tough time to find a new job. Not having that piece of paper to show that you graduated from college can serve as a barrier to entry for many opportunities. Even with a degree, the job market is still highly competitive. However, there is…

Zhang Ruimin, Chairman Emeritus and former CEO of Haier Group, poses for photos outside the … [+] the company’s headquarters in Qingdao, Shandong Province, (Photo by In Pictures Ltd./Corbis via Getty Images)Corbis via Getty Images Earlier this past week, Thinkers50, a London-based international organization whose mission has been to identify, highlight and rank contributions to management thought for over a quarter of a century, has presented a rare lifetime achievement award to Mr. Zhang Ruimin, President Emeritus of Haier, for four decades of efforts to resist bureaucracy and promote the maximization of human value within large, complex, modern organizations. This…

But experts disagree on one important question: Which financial tools and services will have the biggest impact?Sean Higgins, assistant professor of economics at the Kellogg School, explores the reach of a potentially powerful tool: debit cards. In two recent research projects, he examines the impact of the Mexican government’s decision to distribute debit cards to poor families so they can receive their cash payments from the government. In an initial study, he and his colleagues looked at how households that received the debit cards changed their saving behavior compared to when they received the same cash transfers but had to…

Encouraging competition enables growthgetty The current drug pricing market is dysfunctional, an obvious conclusion to anyone paying attention. But why? Like much of the health care sector, the current government-driven third-party payer system does not align the interests of patients and the companies that manage patients’ drug benefits (called pharmacy benefit managers, or PBMs). These misguided interests inflate patient costs and often encourage the use of expensive drugs when more affordable alternatives exist. Solving these problems is an essential precursor to creating a patient-centered health care system. Several current congressional proposals, including Disconnection of Revenue from Tortuous Destruction Act and…