Sunday reading for October 26, 2014:
1. Michael Blanding has a great piece up on Forbes examining why we knowingly act in ways that are contrary to our own self-interests. Blanding introduces readers to the world of behavioral economics, describing how companies can leverage the science to incentivize employees to make better choices. It’s a fantastic read, and I highly recommend checking it out here.
2. It turns out that the focus area of one’s MBA can have a dramatic impact on lifetime earnings. In a well-written article posted on The Atlantic, Bourree Lam shows us where MBA grads can expect the best ROI (Strategy focused MBAs have mid career earnings of $145+k) and the worst (HR MBAs have mid-career earnings of just over 80K). Whether you’re considering getting your MBA or questioning the value of the one you already have, this is a great piece to help you assess your choice.
3. In our last piece of the day, Anita Krohn Traaseth asks us to consider what it means to ‘have it all’. Traaseth points out that – despite policies designed to remove all of the barriers traditionally associated with preventing women from getting ahead – women only make up three percent or Norway’s top business leaders. Traaseth suggests that this might be because of Norwegian women’s unrealistic standards of what defines perfection, causing them to eschew taking risks in favor of less-peril fraught (and potentially rewarding) careers that allow them to find a modicum of success while also raising a family. Traaseth closes by asking women to define what success looks like personally, freeing themselves from societal expectations.
As always, please share your thoughts in the comments below.