Metro Jobs Report: Business School Job Security, GE And What Happened In The UK Election
Lets dig into the latest jobs news …
4 Things I Did to Successfully Apply to B-School While Holding Down My Job | The Muse
Over at The Muse, writer Celine Tarrant talks about her own personal struggles with balancing work and applying to business school. But through her own experience, she offers up some valuable advice for the many people who see themselves in a similar situation. In her most recent piece she lays out four prospective steps to help maintain the balance between work, school, the GMAT and more. To start, Tarrant discusses the often valuable but lesser-known necessity of support networks—namely the support one needs from their own work environment:
I have a very supportive boss, and early on in the process, I was upfront with her regarding what would help me most at work (exposure to more senior meetings, more leadership opportunities, and more opportunities to shine). This was important, because I wanted to show potential for growth in my career. And, since my manager was also one of my references, she had recent examples when it came time to sit down and write my letters of recommendation.
Read the rest of Tarrant’s advice here …
Who Is John Flannery, GE’s Next CEO? | USA Today
With active GE CEO Jeff Immelt leaving the company this August, Wharton MBA alum Lahas been somewhat-surprisingly tabbed as his successor. When Immelt took the job originally in 2001, Flannery undertook five different positions within the company, including leading the Asia-Pacific division of the company, which saw huge financial dividends. He plans on revealing his new official strategy for General Electric this September.
Read more on the new GE CEO here …
Too Cool To Rule? Theresa May And The Limits Of Logic | London Business School
June 9 was a blistering wake-up call to the Tories. The snap election, held just a year after the UK officially declared its intent to leave the European Union, was supposed to act a strategic Parliamentary strengthening of the conservative government, fitted against a previously maligned and severe underdog Labour party, led by Jeremy Corbyn. The result was a hard swing to the left, with Labour gaining 32 seats in Parliament while the Tories relented 13 seats, including several that had been conservative strongholds for over a century. The result is a currently hung Parliament with May potentially seeing her way out as Prime Minister by the end of the calendar year.
The shocking results conjured up a litany of reasons: was the May campaign an abject disaster? Was Corbyn and Labour much more liked than the press had estimated? Was the left swing an answer to right-leaning ideology? The answers will be flirted with for years, but for London Business School Professor of Organisational Behaviour and Academic Director of the Leadership Institute, Randall S Peterson, the answer lies solely with the two personalities on the forefront of the election.
“Jeremy Corbyn kept making an emotional point, over and over again: ‘Have you seen that there are people suffering?’ He appealed to people’s hearts and their conscience,” he recently told the business school. Theresa May, by contrast, appealed to the head and the practical realities of the situation we’re in,” Professor Peterson said. “But as human beings we’re 50 percent rationality and 50 percent emotion. Political leaders need to appeal to both.”
Peterson focused on May’s personality. He reasoned that as Home Secretary, her calm, cool “strong and stable” demeanor works well. But as Prime Minister, there needs to be an emotional quality that voters attach to. Deciding to forego debates with Corbyn during the final leg of the election may have cemented that lack of charisma needed to win elections.
Read more on Peterson’s analysis here …
UCLA Anderson Forecast Expects Mild Growth
Edward Leamer, UCLA Anderson Forecast director, took a deep dive in an accompanying essay into the state of the nation’s economy, offering advice about the three critical forecasting questions: (1) Is the risk of recession elevated? (Answer: No.) (2) Can President Donald Trump make America great again in the sense of getting GDP growth back up to 3 percent after seven years of 2 percent? (Answer: Not likely.) (3) Are inflation and interest rates likely to jump up soon? (Answer: That’s hard to say.)
Read the rest of the UCLA Anderson economic forecast here …
About the Author
Matthew Korman
Matthew Korman is a writer on MetroMBA. Since graduating from Rowan University with a degree in journalism and political science, Matthew has worked as a music industry writer and promoter, a data analyst, and with numerous academic institutions. His works have appeared in publications such as NPR and Sports Illustrated.
