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5 Things The Best Managers Do And Don't Do
Why is the finance industry so sexist?
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More powerful than the numbers were the descriptions of attitudes women in finance say must contend with. One survey respondent said that whenever her team failed to win business, she was blamed for not wearing a shorter skirt. Another said that they only way she could be taken seriously was by dressing down -- wearing glasses, a cardigan and tying her hair back. "Certain asset classes are very male dominated, which results in behaviours and cultures that may alienate female colleagues," one woman told the FT. Read more...
Business term of the day - Term for September 11, 2013: «Corporate jargon»
Keywords: corporate jargon
Source: Wikipedia
Corporate jargon, variously known as corporate speak, corporate lingo, business speak, business jargon, management speak, workplace jargon, or commercialese, is the jargon often used in large corporations, bureaucracies, and similar workplaces. It may be characterised by sometimes-unwieldy elaborations of common English phrases, acting to conceal the real meaning of what is being said. It is contrasted with plain English.
The tone is associated with managers of large corporations, business management consultants, and occasionally government. Reference to such jargon is typically derogatory, implying the use of long, complicated, or obscure words, abbreviations, euphemisms, and acronyms. For that reason some of its forms may be considered as an argot. Some of these words may be actually new inventions, designed purely to fit the specialized meaning of a situation or even to "spin" negative situations as positive situations.
Recent investigations have shown that many employees would prefer needless workplace jargon to be removed altogether. Investors in People went so far as to say that this kind of jargon is damaging to UK business.
Marketing speak is a related label for wording styles used to promote a product or service to a wide audience by seeking to create the impression that the vendors of the service possess a high level of sophistication, skill, and technical knowledge. Such language is often used in marketing press releases, advertising copy, and prepared statements read by executives and politicians. Marketing speak is characterized by its heavy use of buzzwords, neologisms, and terms appropriated from specialized technical fields which are eventually rendered almost meaningless through heavy repeated use in inappropriate contexts.
Business term of the day - Term for August 2013: «corporate haven»
A corporate haven is a jurisdiction with laws friendly to corporations thereby encouraging them to choose that jurisdiction as a legal domicile
Scientists studying solar radiation management as a way to cool planet
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Personal Finance: Financial scams, new and old, try to trap consumers
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Some are seasonal, tied to what’s in the news, like Obamacare. Others are perennials that seem to sprout up regularly. Read more...
Weil on Finance: Lehman Brothers and Tulip Mania
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Ben Protess and Susanne Craig of the New York Times have a behind-the-scenes look at the Securities and Exchange Commission’s decision not to file claims against Dick Fuld or other former executives of Lehman Brothers. George Canellos, the SEC lawyer who supervised the agency’s investigation, said there wasn’t enough evidence. Others disagreed. Mary Schapiro, the former SEC chairman, told him “the world won’t understand.” She was right. Read more...
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