9/16/07: While you were off

Some of the most interesting business articles seem to come across my screen during the weekend. Here are a few to start off your workweek. I'm pointing you to articles about a new attitude toward regulation, who you should be recruiting, the best places to launch a career, Alan Greenspan, and business by the algorithms.

Last week's newsletter was "The Yoda Principles." As usual there were pointers to Web and Reading Resources, too.

From the New York Times: In Turnaround, Industries Seek U.S. Regulation
"Trying to fend off lawsuits, foreign competition and state rules, some big industries are pushing for new federal regulations."

From Workforce Management: Does Your Company Need More Ditch Diggers or Stars?
"The ditch digger is the steady, unspectacular performer who gets the job done, but isn’t necessarily asking for more responsibility or looking for the fast track up the org chart."

Wally's Comment: The author of this piece is Kris Dunn, vice president of human resources for SourceMedical in Birmingham, AL. If you like his article, you'll love his blog which is called the HR Capitalist. It's one of my daily reads.

From Business Week: The Best Places to Launch a Career
"The surprise in Business Week's second annual ranking: Accounting firms have raced to the head of the pack."

Wally's Comment: A fascinating article with good online support. It's worth a read even though it has a couple of major issues. First, there's no way Business Week can cover all the great places to work. Second, the unspoken assumption is that the firm with the best salary, benefits, and "courting strategy" is the place for a new graduate to work. Best places to start out are very individual. The top three companies in the ranking are all accounting firms. What if you're not an accountant? What if you like working outdoors?

From Newsweek: The Greenspan Gospel
"Alan Greenspan steered the economy through turbulence to unprecedented growth. At a time of new uncertainty, a look at his legacy."

From the Economist: Business by numbers
"ALGORITHMS sound scary, of interest only to dome-headed mathematicians. In fact they have become the instruction manuals for a host of routine consumer transactions. Browse for a book on Amazon.com and algorithms generate recommendations for other titles to buy. Buy a copy and they help a logistics firm to decide on the best delivery route. Ring to check your order's progress and more algorithms spring into action to determine the quickest connection to and through a call-centre. From analyzing credit-card transactions to deciding how to stack supermarket shelves, algorithms now underpin a large amount of everyday life. "

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