People entering the workforce or transitioning in their career should consider skills they want to use, rather than the profession they want to enter, says career coach Jean-Philippe Michel. Understanding skill sets helps people better target their job search and leads to a career that is more satisfying, Michel says. BBC (4/24)
Has leadership development failed us? The argument: Despite companies' best efforts, most leadership development programs don't work. CTDO magazine's spring debate column digs into both sides. CTDO is published by ATD, the Association for Talent Development. Read the full article. Explore CTDO.
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Recruiting & Retention
Why you should screen for entitlement Applicants who display entitled behavior are unlikely to get a job at glasses company Warby Parker. People with this trait hurt team morale and make learning from mistakes impossible, says co-CEO Neil Blumenthal. Business Insider (4/22)
Leadership & Development
Transforming Fox James and Lachlan Murdoch are exerting power to transform 21st Century Fox, overhauling the company's culture and eyeing its digital future. Changes to the operational style of their father, Rupert Murdoch, include hosting town hall meetings, giving employees more vacation time and expanding reproductive coverage for women. The New York Times (free-article access for SmartBrief readers) (4/22)
Benefits & Compensation
Bill would put lifetime income into monthly perspective The Lifetime Income Disclosure Act, recently introduced in the Senate, would require retirement plans to disclose lifetime income on one statement annually. Supporters say the bill would encourage people to save more for retirement, while opponents say it could discourage saving by making a comfortable retirement seem unattainable. Employee Benefit News (4/23)
Larry Fink, chairman and CEO of BlackRock, says that organizations with "one magical person" in charge struggle to overcome that person's departure. He also discusses how business is about cooperation, why he doesn't regret not serving in government, and the opportunities and challenges facing US society. Bloomberg (4/18),The Wall Street Journal (tiered subscription model) (4/21)
