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Michelle Obama's $35 dress

Michelle Obama wows in a $35 H&M dress
by Ariel Kaiser, The Thread Stylist, on Wed Feb 9, 2011
SOURCE: Shine
First Lady Michelle Obama appeared on the "Today" show yesterday to talk to Matt Lauer about a number of issues, including President Obama's job performance and the fact that he now has quit smoking. She also dispelled rumors that her husband dyes his grey hair and spoke about not letting her daughters on the social network site Facebook.

But, in the fashion world, the big news from Mrs. Obama's interview was her choice of dress. The first lady wore a breezy, feminine, polka-dot piece, not from some fancy big-name designer, but off-the-rack and available for $34.95 from Swedish company H&M.

The navy frock is part of the retail chain's current collection, which is in stores across the country now. Mrs. Obama's office said her stylist customized the look by adding three-quarter-length sleeves and pairing the dress with a bold orange belt (in lieu of its original red cloth sash) and bright yellow heels.

Though lately she's been making a splash in higher-end designs, like the Alexander McQueen gown she wore to a recent state dinner, Mrs. Obama is no stranger to bargain fashion. In the past, she's donned $10 t-shirts from the Gap, sundresses from Target and is known to favor mid-range chain stores like J.Crew.

It's also...Read more on Shine

Chinese Technician Denies Knowledge of Hacking

By JAMES T. AREDDY
Source: Wall Street Journal
SHANGHAI—A Chinese technician identified by U.S. Internet security company McAfee Inc. as a conduit to the alleged hacking of the computer files of major energy companies on Friday denied all knowledge of the case.

"What? You sure it's my company?" Song Zhiyue, a technician for website hosting company Science & Technology Internet in northeastern Shandong province, said by telephone. He added that he has "no idea at all about hacking attacks on U.S. oil companies."

In a 19-page report Thursday, McAfee alleged that hackers believed to be in China have conducted "coordinated, covert and targeted" espionage against major Western energy firms starting as early as 2007. McAfee dubbed the campaign "Night Dragon."

McAfee didn't identify Mr. Song by name in the report, but according to The Wall Street Journal, the company said it had used forensic evidence to identify him as the provider of external servers used in a series of attacks on oil companies. The company said it was unclear how aware Mr. Song may have been of the activity.

"While we believe many actors have participated in these attacks, we have been able to identify one individual who has provided the crucial (command and control) infrastructure to the attackers—this individual is based in Heze City, Shandong Province, China," McAfee's report said. "Although we don't believe this individual is the mastermind behind these attacks, it is likely this person is aware or has information that can help identify at least some of the individuals, groups, or organizations responsible for these intrusions."

McAfee didn't name the Western oil companies it said were attacked.

Its allegations are the latest to suggest that hackers in China formulate attacks by assembling lines of code, or "tools," that are widely for sale on Internet forums and are innocuous by themselves. When bundled in the right way, the tools can break into computers to steal information or disrupt activity.

Beijing has announced the closure of several such forums but hackers say they have many places to trade the tools. "The attackers employed hacking tools of Chinese origin and that are prevalent on Chinese underground hacking forums," McAfee said.

In the brief telephone interview Friday, Mr. Song noted that identifying information about him on the Internet, for instance his registration of other websites, is in some cases out of date.

Science & Technology Internet has around 20 employees and was established in 2008, said a saleswoman there who also said she was unaware of the allegations. The company's Chinese-language website, www.kjhl.net, lists a range of services including Internet domain name sales, webpage hosting and storage services.

On Thursday, a spokesman for China's Ministry of Foreign Affairs, Ma Zhaoxu, told Dow Jones Newswires in response to McAfee's allegations that...Read more on Wall Street Journal

Should the media apologize to Toyota ?

Toyota: The Media Owe You an Apology
All the reasons why the public doesn't trust the media crystallized in the Toyota fiasco, writes Ed Wallace
By Ed Wallace
Source: Bloomberg Business Week
Sometimes it's no fun being right. Last February I wrote that the concern about uncontrollable acceleration in Toyota (TM) cars was just so much humbug. As the findings on the government investigation into these allegations proved, I was proven correct. What I would prefer, however, is that the media would take the time to report a story accurately rather than just stir up a public frenzy in pursuit of ratings.

It was 11 months ago when CBS Evening News anchor Katie Couric opened her broadcast with the story of Jim Sikes. Just that afternoon the California real estate agent claimed to have lost control of his Toyota Prius, shooting up to 94 miles an hour during a harrowing ride while telling the 911 operator he was standing on the brake pedal.

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Over all the more important things in the world available to cover that night, an alleged runaway Prius made the top of Couric's list. One would assume she and her producers chose that story because they saw it as only the latest example of what seemed to be a growing threat to millions of American drivers. (Toyota, then as now, is the world's No. 1 automaker.)

In reality, thanks to Katie Couric, it was proof positive that the whole Toyota unintended acceleration story had become a media farce. Within days Mr. Sike's contentions were discovered to be fraudulent. In fact, Jalopnik later reported that Sikes was facing serious financial difficulties and speculation was that he had told his story in order to obtain a large settlement.

A Problem of Floor Mats

CBS News would take almost another year to do the next major story about Toyota's problems. Even then, the network that was once home to Edward R. Murrow still didn't have his grasp of getting it told accurately. On Feb. 8, CBS correspondent Sandra Hughes reported that the 11-month investigation by the National Highway Traffic Safety Administration—working with NASA—ruled out electronic defects as a cause of "Toyota Deaths."

Yes, Toyota's electronic systems were proven not to be the cause of any problem or fatality. The culprit was floor mats incorrectly installed, either by the dealership or by the Toyota and Lexus models' owners, that were catching and holding the gas pedal in place. Also, some vehicles had sticky accelerators. And as Transportation Secretary Ray LaHood suggested, the majority of cases were those of "pedal misapplication."

LaHood refused to call it driver error, but in fact it was. After all, brakes always override the throttle, with or without the new nonsense of "brake override systems coded into the system software."

Keeping the Story Alive

Hughes still wasn't willing to let the Toyota story go totally. She played part of Mark Saylor's frantic 911 call, just before the California Highway patrolman and three members of his family were killed in a loaner Lexus ES 350 going 100 mph. Hughes withheld from the audience the fact that that case was now closed. The loaner was found to have had floor mats for a Lexus RX SUV installed instead.

Moreover, Hughes then suggested that the unintended acceleration story was not over just yet: The National Academy of Sciences, she promised, was doing a far more comprehensive study of unintended acceleration that could "shed more light on potential electronics problems."

Finally, she did not clarify that the broad-based study covers all manufacturers, not just Toyota products. That would have removed much of the suspense.

Here's my prediction: The NAS study will come to the same conclusions as the NHTSA study. Unintended acceleration has been complained about and studied for decades, and the conclusions are always the same. This is why: Some people freeze up mentally instead of physically when they panic; they honestly believe they are slamming on the brakes when in fact it is the gas pedal they're flooring.

Scare Tactics

CBS and The Wall Street Journal both got quotes from "safety crusader" Sean Kane of Safety Research and Strategies. Readers will remember him as one of the first to testify in the congressional hearings last year, having brought Rhonda Smith and her husband from Tennessee to tell her harrowing story of a runaway Lexus. Kane also brought David Gilbert of Southern Illinois University, who testified that he had found a way to recreate the flaw that would allow Toyota's electronics to speed the car up uncontrollably.

For CBS, Kane quipped that government agencies are not very good at these types of investigations. Which immediately raises the question: Is Mr. Kane unaware that NASA put astronauts on the moon, or is he suggesting that the National Safety Board can't find the real causes behind aircraft disasters?

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For the WSJ he said, "Right now, we don't have any explanation for many of the problems, so what good did the investigation do?"

What? Did he miss the part about floor mats, some sticky pedals, and the vast majority of cases being driver error? Here's the problem: Kane was out there promoting the idea of "ghosts in the machinery," which in Toyota's case has now been specifically cleared.

The real question readers should ask is this: Given his terrible track record—transparent scare tactics, really—why would the media ever deliberately quote Mr. Kane on any automotive issue again?

Neglecting Research

The Toyota case is no different from the Ford Firestone media frenzy of 11 years ago. Not once did any of the national journalists covering this story bring even a semblance of balance to the case.

After all, driving around on underinflated tires for five years or longer (as the NHSTA database on those accidents showed was usually the case) destroys the tires' outside tread, which in time will cause tread separation. And the journalists didn't even have to take Firestone's word on that. They could have gone to Goodyear's (GT) website, which featured a warning about running tires underinflated, complete with a photo showing how the center tread would in time separate, causing tire failure.

In fact, the only research necessary would have been to go to any tire dealership and ask the managers about the dangers of driving on older, underinflated tires. They would have gotten Goodyear's (and Firestone's) warning almost word for word.

So why did the media keep using these so-called safety advocates' sound bites and videos of rollovers to drive that story—just as they used them in the late '80s Audi 5000 unintended acceleration case, in the GM side-saddle gas tank circus in the early '90s, and in the recent Toyota mess?

A Problem with "Experts"

Many of these people being used as experts are often guided purely by financial gain. They craft and sell these stories to the media in pursuit of their own private goals, never wasting a thought for whom or what company their intentional misinformation will damage or how many hard-working people's incomes they'll destroy.

Yet once their misrepresentations are discovered and known, how can the media ever trust going back to these same individuals when they were misled so badly on the previous fiasco?

This is not to say there aren't times when cars are built with defects. There are. Nor is this to say the public doesn't need some individuals working as watchdogs in the public interest. It does. What it doesn't need are legal teams building a case in a "trial by media," whereby they plan to enrich themselves with large jury verdicts.

Firestone admitted that a small number of defective tires had been built at its Decatur (Ill.) factory—but not every Wilderness tire on every Explorer was potentially deadly.

Yes, if a side-impact accident is severe enough, side-saddle gas tanks could explode. And in extremely high speed rear-end collisions, Ford Crown Victorias with full gas tanks could also explode. But that's the point: Gas tanks rupturing and exploding after extreme collisions are by definition driver error—the other driver's fault.

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Media Outlets Share the Blame

Every year in America tens of thousands of individuals die in automotive accidents, while hundreds of thousands are injured. In my youth I was in more than my fair share. I'm fortunate that no one was ever hurt or killed, because I see now that I caused most of those accidents. Not that they were my fault, per se; they happened because I didn't anticipate the other drivers' mistakes and I cut the margin for error far too thin.

Not once did the vehicle I was driving do anything but what it was supposed to do, and it was always under my control. In those cases I failed as a driver. That's a lesson the media need to learn: Driver error causes the vast majority of accidents. And you don't have to be drunk to contribute to the accident.

I don't mean to single out CBS for criticism. Plenty of other media outlets share the blame. For 30 years they have treated us to Jeep, Suzuki, and Isuzu Trooper rollovers, Audi unintended acceleration, side-saddle gas tanks exploding, police cars catching on fire, Firestone tires blowing out, and then the Toyota case. And each time the media took the word of those with a vested financial interest in the outcome—and every time they got burned for doing so.

The first job of a journalist is to ask, "Is this information true?" It's obvious that when it comes to automobiles, that's the last question the broadcast media want answered.

Ed Wallace is a recipient of the Gerald R. Loeb Award for business journalism, given by the Anderson School of Business at UCLA, and is a member of the American Historical Assn. He reviews new cars every Friday morning at 7:15 on Fox Four's Good Day, contributes articles to Businessweek.com, and hosts the top-rated daytime talk show, Wheels, 8:00 to 1:00 Saturdays on 570 KLIF AM. E-mail: wheels570@sbcglobal.net, and read all of Ed's work at his news site, www.insideautomotive.com.

Immediate impact of Mubarak's departure on the US dollar

Dollar Strengthens Versus Most Peers as Egypt’s Mubarak Resigns
February 11, 2011
By Catarina Saraiva and Allison Bennett
Source: Bloomberg Business Week
Feb. 11 (Bloomberg) -- The dollar rose against most of its major counterparts as Egyptian President Hosni Mubarak stepped down and handed power to the military, stoking demand for the safety of U.S. assets.

The greenback headed for a third weekly gain versus the euro as Mubarak bowed to the demands of protesters, who are likely to call for immediate elections. The euro remained lower against the dollar as the head of Germany’s central bank resigned. U.S. consumer confidence rose this month, data showed.

“After the Egyptian announcement, the market quickly realized that there is a lot of uncertainty about who is going to take control, how these elections are going to progress and what the next government is going to look like, so you saw risk aversion quickly return,” said Blake Jespersen, director of foreign exchange in Toronto at Bank of Montreal. “The U.S. dollar is gaining modestly from this.”

The dollar appreciated 0.6 percent to $1.3522 per euro at 12:35 p.m. in New York, from $1.3603 yesterday, when it rallied 1 percent. The greenback has gained 0.4 percent this week against the common currency. The dollar advanced 0.4 percent to 83.54 yen. The euro declined 0.2 percent to 112.95 yen.

“Mubarak has decided to waive the office of the presidency,” said Vice President Omar Suleiman in a statement on state television today. “He has instructed the Supreme Council of the armed forces to take over the affairs of the country.”
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Protests in Egypt, inspired by the revolt that ousted Tunisian President Zine El Abidine Ben Ali on Jan. 14, sparked concern that tension would spread in a region that holds more than 50 percent of the world’s known oil reserves.

Canadian Dollar

Canada’s dollar rose against all of its 16 most-traded peers as the nation unexpectedly posted its first trade surplus in 10 months and the U.S. trade deficit widened 5.9 percent to $40.6 billion, in line with forecasts. The Canadian currency climbed 1.2 percent to C$1.3380 per euro.

The euro remained lower versus most major peers after a German government spokesman said Bundesbank President Axel Weber will leave office on April 30. A successor will be named over the next week, the spokesman said. The decision ends three days of speculation and takes Weber out of the race to succeed Jean- Claude Trichet as president of the European Central Bank when Trichet’s term expires on Oct. 31.

Dollar Index Gains

IntercontinentalExchange Inc.’s Dollar Index, which tracks the greenback against the currencies of six major U.S. trading partners, climbed as much as 0.6 percent to 78.697, the highest level since Jan. 21. The gauge has risen 0.7 percent this week in what would be its first five-day rally since Jan. 7.

The dollar was poised for a 1.6 percent weekly gain versus the yen, its biggest since Jan. 7.

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment rose to 75.1, the highest level since June, from 74.2 in January, in line with the median forecast of economists in a Bloomberg News survey.

The dollar strengthened beyond $1.35 per euro for the first time since Jan. 21, gaining 0.8 percent to touch $1.3497.

“The reason we’re seeing a decent-sized move like this is because the outlook in the U.S. is better,” said Jens Nordvig, a managing director of currency research in New York at Nomura Holdings Inc. “We’re really pricing in a Fed exit from zero interest rates in the next year.”

Interest Rate

The Federal Reserve has kept its benchmark interest rate at zero to 0.25 percent since December 2008 to support economic growth. Analysts forecast the central bank will raise rates to 0.5 percent by year-end, according to a Bloomberg News survey.

The U.S. unemployment rate dropped to 9 percent and U.S. manufacturing and service industries grew last month, data from the Labor Department and the Institute for Supply Management showed last week.

Australia’s currency slid below parity with the dollar after Reserve Bank Governor Glenn Stevens said policy makers judged it “sensible” to keep interest rates on hold.
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Stevens said in parliamentary committee testimony that there was no urgency to boost borrowing costs in the first half of the year, leading traders to cut bets on the amount rates would be increased over the next 12 months. A Credit Suisse Group AG index based on swaps showed they expect 35 basis points in rate increases, down from 41 basis points yesterday.

Australia’s currency fell 0.5 percent to 99.98 U.S. cents, from $1.0044. It dropped as much as 0.8 percent to 99.61 U.S. cents, the lowest level since Jan. 31.

Vietnam devalued the dong by about 7 percent, the most since at least 1993, risking faster inflation to curb the nation’s trade deficit and narrow the gap between official and black-market exchange rates.

The currency slumped 6.3 percent to 20,800 per dollar, from 19,490 yesterday. The State Bank of Vietnam fixed the reference rate for the currency at 20,693 versus 18,932 yesterday, or 8.5 percent weaker. The trading band for the currency was narrowed to 1 percent on either side of the rate from 3 percent previously.

--With assistance from Lucy Meakin in London. Editors: Greg Storey, Dave Liedtka

More women have Bachelor's Degrees than men

Women Top Men at Earning Bachelor’s Degrees, U.S. Data Show
February 10, 2011
Source: Bloomberg Business Week
By John Hechinger

Feb. 10 (Bloomberg) -- Women in the U.S. are almost twice as likely as men to earn a bachelor’s degree by age 23, underscoring decades of gains by females in schools and the workforce, according to a government survey.

By that age, almost one in four women earned the college degree compared with one in seven men, the federal Bureau of Labor Statistics said in a report released today in Washington. The research comes from a study that annually follows the lives of the same 9,000 people, born from 1980 to 1984, according to an agency release.

Women’s outperformance coincided with their increasing opportunities in the workforce as jobs shifted from male- dominated factories to offices open to female employees, Jay Meisenheimer, a bureau economist and one of the study’s authors, said in a telephone interview.

“We’ve seen this great transformation in the workforce away from manufacturing toward more of a service economy,” Meisenheimer said. “Now that there are more opportunities for women to work, we’re seeing a growing number completing high school and college and going on to graduate and professional programs.”

This year’s results mark the first time the study had a big enough sample of students old enough to have finished college to make a meaningful comparison between men and women, Meisenheimer said. Participants’ responses have been tracked annually since the survey began in 1997.

--Editors: Chris Staiti, Jeffrey Tannenbaum

The MBA's last gasp

Business schools sell an outdated product. It's time for a reinvention
By Ken Smith
Source: CB Online
After 25 years of recruiting and talent development for strategy consulting, I now see clear signs that the traditional MBA is approaching the last phase of its product life cycle, the phase of decline. As is often the case in the late stages of product life cycles, the proponents of the product are so busy defending it that they are missing the opportunity to reinvent it.

When the master of business administration was introduced in the 1940s, it filled a specific educational and vocational void. Up until then, while there were graduate degrees in fields related to business, such as accounting and economics, business was to be learned by doing business. The school of hard knocks remained a staunch competitor, and the MBA initially grew slowly.

The high–growth phase of the MBA was in the 1970s, '80s and '90s, when many of the top graduates of MBA programs were drawn to management consulting and investment banking. They were recognized as accredited experts in business; companies paid high fees for their advice and often recruited these advisers into senior corporate roles.

This apparent fast track to lucrative professions and powerful positions buoyed demand for the MBA, and drove up tuition fees and program profitability. Most major universities soon launched MBA programs.

Now, with a multitude of programs offered, any qualified candidate who wants an MBA can find a school with a place available. Most corporations now have plenty of MBAs among their ranks. On top of this, the Internet gives everyone access to more and better information about markets and competition, and PowerPoint provides widespread access to the means to express it. As a former McKinsey & Co. colleague puts it: "Managers no longer need to go to experts to get data and write sideways on the page."

This past decade signalled the top of the product "S–curve," as the traditional MBA moved from a period of growth to maturity. In both the 2002 and 2008 market slowdowns, demand for strategy consulting and investment banking dropped, and so did the starting salaries of MBA graduates. Much of the remaining enrolment growth comes from developing markets. Business schools find themselves in a highly competitive market, chasing ratings and spending more and more on marketing.

So the traditional product is mature at best, with the following signs of decline.

1. The market doesn't want more of the same. The financial crisis revealed the fallacy of the single–point objective function of traditional business education. Profit maximization in the absence of global understanding, community responsibility and leadership is dangerous. I interviewed Wall Street "graduates" for SECOR's New York office in 2009. (There were many available.) Each said they knew they were contributing to a bubble; their bosses had told them to rake in as much as they could before it burst. We can't blame the MBA for the crisis, but we can't expect these same people to know how to fix it, either.

2. Students want more from a graduate degree than the traditional MBA offers. Undergraduate business programs have grown and strengthened in the past 25 years and many of my firm's best hires in recent years came from the leading undergraduate programs. These programs attract some of the best students and teach them most of the content they would learn in a traditional MBA. Of those that then choose to go back for a graduate degree, more and more choose other disciplines rather than pursuing a largely redundant MBA.

3. Traditional program delivery will not meet the needs of the students of the next decade. Most MBA programs have benefited to at least some degree from the case approach, where discussion of real–world examples drives learning. A few years ago, I audited one of my daughter's MBA classes at Harvard and was impressed with the expert use of the case method. However, consider the approaching generation's experience with social media. Using the case method in the classroom, students can expect to contribute in about every second class and hear from about half the class on each case. That level of exchange ranks poorly relative to the pace and scope of dialogue to which the coming MBA students have become accustomed with social media.

In the heat of the battle for ratings and students, the traditional programs are making changes. Some have added courses in corporate social responsibility; others offer a fast–track 12–month program; some prescribe readings beyond the textbook, including blogs and other new media.

Such modifications remind me of the four– and five–masted sailing ships that were developed in the late 1800s to stave off the threat of the steamship — a little better, but a distraction from the needed reinvention.

Graduate business education needs to deal not just with business but also with leadership in a more complex world. Tomorrow's market will expect leaders to understand the relationship between industry, economy and community, because the world now expects more responsible leadership and sustainable commerce. Tomorrow's fast–track leaders will be less inclined to set aside their jobs for a traditional MBA. They will expect business schools to offer education that is truly advanced from an undergraduate degree. Tomorrow's students will expect to learn more quickly, given the pedagogy and program delivery possible with technology and to which they are accustomed.

Moreover, the graduate degree in business is ripe for reinvention. For example, master's programs in leadership, not just business, will better advance the experienced graduates of commerce programs for leadership roles. Such programs will also help develop leadership capacity in other sectors, such as government and the professions.
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MBA programs that can be completed in–career are more likely to have a return on investment that makes sense to the student even after the finance class. In addition, corporate sponsors are tired of paying for general MBAs that have simply prepared their employees to leave. Industry–focused programs will better prepare employees to move up, rather than out.

Finally, the broader community post–crisis sees the MBA as an advanced degree in "greed." If that reputation is to change, programs are needed that give something back.

As they teach in business school, true innovation is unlikely to come from the incumbents. So don't just look to the leading business schools for change, but look to the schools that lead.

Ken Smith, PhD, MBA, ICD.D, is associate dean, executive programs, at the College of Management and Economics, University of Guelph

Should you date your co-worker ?

Source: Monster
Danger: Office Romance Ahead
Roberta Chinsky Matuson, Monster Contributing Writer
You spend most of your waking hours at work. You rarely get out for lunch, never mind dinner. You'd like to meet that special someone, but you just don't know where to look. Suddenly, Cupid shoots his arrow, and it hits the person in the next office. Your heart starts beating faster, and blood rushes to your head. Out with all reason -- love is in the air!

Stop. Sure, meetings will be more fun. You already have lots in common. But how often do office romances work? And when it ends, what will your life be like? Will you be peering around corners to make sure your former love isn't in the hall and avoiding the company picnic for fear your ex will flaunt a new love interest? Is this any way to live?
Before you throw your next promotion to the wind, here are five reasons dating your coworker might not be such a good idea.
Romance vs. Reality
Unfortunately, this is not a tale by the Brothers Grimm, so you can't count on a happy ending. You can rail against the unfairness of it all, but think of it this way: If life were fair, you wouldn't be in this dilemma, and the arrow would have pierced the heart of someone nice who works for the company across the street.
If you're smart, you will deal with the real world and anticipate plenty of bloodshed before this tale concludes. One of you may need to leave the job if things don't work out. If things do work out, one of you may have to go, because it's against company policy to date fellow employees.
One Promotion Later...
Let's say you become involved with someone in your department, and you receive a promotion. Now you're in a relationship with your subordinate. This opens up the possibility of blackmail. And what happens when it comes to conducting reviews and disciplining your honey? You get the picture.
Play It Cool
Still thinking of dating a coworker? Better start popping extra vitamins and heighten your sense of discretion. You'll need a lot of energy and concentrated effort to keep your office romance just between the two of you. And when coworkers eventually find out, you may be the subject of ridicule and suspicion:
  • "I can't believe he's going out with her."
  • "Of course he got the raise. Look who he's dating."
If you want people to focus on your professional abilities, don't give them reasons to fuel the rumor mill.
It's Not Just About You
You may think this is a private affair, but is it really? Logic tells you your romantic involvement will impact your coworkers directly. If you sit together in the company cafeteria, will people now feel they should give you privacy? Will they exclude you from certain conversations, because they don't know what you'll relay to your new love?
Consciously or subconsciously, your relationship may influence decisions that go well beyond a lunchroom. Your romance may color everyone's judgment with regard to promotions, projects, team building and responsibilities. The relationship could make it more difficult for your department -- and depending on your position, your company -- to operate effectively.
Harassment Possibilities
And then there's the H word and all it can entail. If your relationship ends badly, will your ex-love tell HR you were making unwanted advances? Think about how a harassment suit will impact your career. Then join a local dating service.
And while you're at it, join some professional associations. They offer many opportunities to socialize while moving your career forward.
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So before you pencil in a date with your office desire, schedule dinner with some nonwork-related friends. You'd be surprised what might happen if you start nurturing your other relationships. If you spend a little more time away from the office and your coworkers, you might give Cupid a chance to improve his aim.
If you still feel your coworker is the one, what do you do? If you work for a big company, transfer to another department or facility. If that's not an option because of your profession or company size, get yourself a new job.