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The MBA - Sending Lots of the Wrong Signals

  What a difference half a century makes.  In the late 1970s the MBA was the  ticket. For getting in, for being promoted, for the knowledge assumed to be required to start a business. In order to transition from non-profit to the private sector I took calculus, the GMAT and coaching for my application to be admitted to the MBA program. I was right: One semester in, I landed a plum job in Big Oil at more than double my salary and with an expense account.  Now, as The Wall Street Journal has been telling us for a few years and again today: The marketability of that degree has declined. That's because employers not only value hands-on skills more than education. The MBA sends the wrong signals. Those include: Expectations of higher wages Entitlement for special treatment Stuck in school-learning that has to be unlearned. Too clever by far. There is the stigma of being branded negatively as the smartest kid in the room and, as with Jeff Stilling who was a Harvard MBA, w...

Harvard and Grades: Leveling the Playing Field

  Today, faculty at Harvard vote on the issue of limiting "A" grades.  The perception has been that too many of those have been handed out but not earned.  It's common for Harvard College graduates to go after jobs in finance and consulting and apply to top law schools. Those require high grades. That's the first cut. Without those grades the edge of the investment of a Harvard education could be diminished. Hell, you could have gone to a state school. Obviously students oppose limiting the number of "A" grades. The playing field on which they compete for a future could be made more level. Earning a Good Living in 2026 Involves Mental Combat. The enemy is usually your own thinking. Complimentary consultation. No Pressure. Solid Guidance. Contact Jane Genova janegenova374@gmail.com.

The Security of Your IT Job at GM - That Depends

  There's that old saying: Being at the wrong place at the wrong time. That's how we might size up the job-security situation of IT salaried workers at GM. As CNBC reports, on the one hand, yesterday GM began laying off 500 to 600 It salaried in Warren, Michigan and Austin, Texas. On the other hand, there are 84 open IT positions in AI, motorsports and autonomous vehicles. In my coaching, I guide career-preparers and ambitious workers on how to identify where the demands is and where it's going.  After a year wandering in the underemployment desert when executive communications collapsed post-9/11 I did some intense research on who was getting work and getting ahead. The answer: digital marketing, That kept me going for years. When the glut took over, along with AI, I connected the dots again and have been doing okay for five years. The tough nut to crack in these kinds of transitions is that you might love what you had been doing which is no longer marketable. As Henry Cl...

MinterEllison Blunt about Bots Replacing Junior Lawyers: Door Open for Other Law Firms to Also Cut Hiring

  Hovering over the career prospects of recent law graduates and junior lawyers is this question: How much will AI impact hiring, holding on to the job and upward mobility? In addition, any such shifts could make obsolete the pyramid structure of law firms - a large base of grunt workers billing at high rates. It would be replaced by the diamond structure - few grunts at the bottom, bulge in the middle with experienced lawyers and a small pool of partners at the top. Much of this has been frozen at the level of chatter. For example, US Chief Justice John Roberts, Paul, Weiss partner Brad Karp and former head of Quinn Emanuel John Quinn all put out there dire warnings that AI will downsize demand for inexperienced lawyers. Yet, hiring of recent law school graduates has held up. Now this. Australian law firm MinterEllison had moved ahead with action and has been blunt about that is has been triggered by AI.  LawFuel  reports: "The firm has effectively put the  Australi...

Glam, Money, Contacts By VIPs, Invites to Speak and More: But, Being an Influencer Has Become Another Line of Work Blocked for Gen Zers

Of course, influencer  is an actual career path. You bet, you can leave traditional employment behind. Along with that there could be so much more: glam, easy money, big names contacting you, invitations to speak at special events and the name recognition can open other opportunities. But, as The Telegraph documents, the influencer space has already evolved into a mature industry. That means it's glutted. Brutally competitive. And unforgiving by those paying for your influencing if your numbers, tracked by the likes of Click Analytic and Lefty, go down.  So, the 57% of Gen Zers who want to be influencers have yet another line of work blocked. The majority of those already in are struggling. Right now only 12% are grossing $50,000 or more. Worst of all, AI can wipe out 80% of influencer work. As with a growing number of career paths that are collapsing and leaving Gen Zers out in the cold, it wasn't always that way.  Back in 2005, being an influencer was totally open. W...

End of Charismatic High-Profile Leadership in Large Law Firms? John Quinn Steps Down at Quinn Emanuel

  Large global law firms could be shifting to a managerial model. Out-of-date can be the culture of the charismatic, high-profile head who embraces the role of thought leader. Today, Quin Emanuel - often labeled the " most feared law firm " - announced that its co-founder John Quinn is stepping down from the top job. Bloomberg Law gives these details: "Quinn will remain a partner at the firm and retain a non-executive chair title, allowing him to focus his efforts on promoting Quinn Emanuel and client development ..." None of this is a stunner.  Quinn is in his 70s.  In addition, just as at Paul, Weiss, a new culture seems to be taking hold. It's more traditional business-like. Less personality-driven. That seems to have been the ethos being established by partners William Burck and Mike Carlinsky over recent years at Quinn Emanuel. A similar development also seems to had been the emerging way of the world at Paul, Weiss. That seemed to be happening as current ...

The Parenting Apocalypse: The Kids Aren't Heading to White-Collar Careers

  Now what? How do ambitious parents prepare their offspring for success in an economy which no longer requires so many knowledge workers? This month media targeted at the upper middle class such as The Wall Street Journal  and Town & Country  try to help. They clarify what's going down amid the upheaval in the proven ways in America to get the career edge.  For example, the WSJ notes: "The return on investment for a childhood designed to slot people into white-collar jobs has been shaken by a stagnating labor market and a possible reckoning for the professional class brought about by the seeming inevitability of AI."  One result is the end of the tightly wound rigid "Tiger Mom" model of career-preparation oughts. What's emerging is the permissive "Beta Mom" approach. Let kids find out about the world and the people in it. It's the ability to look reality in the eye. Without surprise. Without blinking.   And T&C is steering parents away...