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World Bytes
Stretch
Your Work Profile
by Terrance Malkinson
A Thought to Chew On
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World Bytes Archives |
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Certain skills are ubiquitous for career success
regardless of profession or employer. It is always important to
be noticed and stand out from the crowd. You can do this by:
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Creating efficiency by developing
shortcuts, simplifying or automating;
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Solving people issues with customers,
clients and workplace colleagues;
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Saving money by reducing costs and/or
increasing revenue;
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Saving time by speeding up
development and production to offer products or services
faster than others do; and
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Being innovative by creating new
concepts that keep you and your employer in the forefront of
your field.
Other Bytes
Here are some of the things going on in and
around the engineering community:
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In today’s business environment, it is
increasingly important for management and employees to
understand the diversity of national, corporate and
vocational cultures. Success requires perceptiveness and
adaptability. In “Cultural Intelligence” (Harvard
Business Review, 82(10): 139-146, 2004
www.hbr.com), Christopher
Earley and Elaine Mosakowski provide tools to help you
identify your strengths and offer training techniques to
help you overcome your weaknesses. Their research is based
on a survey of 2,000 managers in 60 countries. As the
authors define it, cultural intelligence is “an outsider’s
seemingly natural ability to interpret someone’s unfamiliar
and unambiguous gestures the way that a person’s compatriots
would.” The authors discuss the cognitive, physical and
emotional/motivational components and go one step further,
equipping readers with the ability to distinguish between
behaviors produced by the culture in question and behaviors
found in all people.
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Traditionally, company acquisitions and
mergers have taken place to gain access to new markets,
products and services or a customer base, or to acquire
intellectual property. In “How Talent Stacks Up as a Deal
Driver” (Mergers and Acquisitions; 39(8): 11-14,
2004), Joan Harrison adds another dimension. The author
suggests that in some cases, an acquisition may be made to
acquire skilled human resources that cannot be found
elsewhere. Human capital is a vital component of any
organization. The author discusses many of the important
factors related to acquiring a company, one of which is
retaining productive employees.
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Many believe the strength of the American
economy is the result of the United States to attract the
brightest minds from around the world. Creativity and
competitive success go hand in hand. In “America’s Looming
Creativity Crisis” (Harvard Business Review; 82(10):
122-136, 2004; www.hbr.com).
Richard Florida discusses his belief that the United States
may be on the verge of losing its competitive edge by
throwing that strength away. Other countries are
aggressively luring creative people away as they increase
their spending on research and development. The author
concludes that in order for the United States economy to
remain strong, the business community must take the lead to
ensure that global talent can move efficiently across
borders and education and research get funded at higher
levels. Wherever creativity goes, economic growth will
surely follow.
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The winners of this year’s Asian Innovation
Awards were selected based on creativity and innovation;
quality of execution; and the potential impact on the
quality of life. The Gold Award went to a group in Singapore
who developed a biodegradable plastic mesh to patch head
wounds. The Silver Award went to a New Zealand team who
devised a computer program that reduces the time it takes to
conduct a complicated eye test for diabetic blindness and
glaucoma. The Bronze Award went to the Grand Hyatt Singapore
Hotel for developing an efficient air handling system. The
Global Entrepolis@Singapore Award went to a Mumbai
(India)-based company that developed software that monitors
banking transactions in real time and helps banks cut costs
and improve efficiency. Read more about these awards in
Far Eastern Economic Review (167(42): 35-43, 2004
www.feer.com).
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BusinessWeek’s annual ranking of the
top U.S. and International MBA Programs was published on 18
October (BusinessWeek; #3904: 61-81, 2004;
www.businessweek.com).
Northwestern University’s Kellogg School of Management
topped the ranking, followed by the University of Chicago’s
Graduate School of Business. Students and recruiters viewed
educational institutions known for stringent academic
standards as the best. This issue is particularly valuable
to those interested in seeking an MBA, as a number of other
articles provide useful related information.
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Self-managing teams are found in 79 percent
of companies listed in the FORTUNE 1,000. In “How to
Lead a Self-Managing Team” (MIT Sloan Management Review;
45(4): 65-71, 2004;
http://web.mit.edu/smr/), Vanessa Urch Druskat and Jane
Wheeler discuss leadership factors necessary for success
based on their study of 300 self-managing teams. Among other
things, they found that one of the most important factors
for success is the quality of the team’s link to the
organization. The external leaders who had contributed most
to the team’s success excelled at managing the boundary
between the team and the larger organization. This process
required behaviors that can be grouped into the four basic
functions: relating, scouting, persuading and empowering.
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Getting more value from knowledge is one of
many challenges that organizations face. One way to increase
efficiency and productivity is to ensure that employees can
find what they need, when they need it. There is a
tremendous cost tied to times when employees cannot find
knowledge that they need; they waste time searching for
non-existent knowledge or recreating knowledge that is
available but cannot be located. In “Learning from the
Internet Giants” (MIT Sloan Management Review; 45(4):
79-84, 2004;
http://web.mit.edu/smr/), Leigh Weiss, Marla Capozzi and
Laurence Prusak discuss lessons learned from three
innovative Internet giants — Google, eBay and Amazon.com, on
how to get more value from your organization’s knowledge.
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Are self-employed workers more satisfied
with their jobs compared to wage and salaried workers? Don
Bradley and James Roberts discuss this question in
“Self-Employment and Job Satisfaction: Investigating the
Role of Self-Efficacy, Depression and Seniority” (Journal
of Small Business Management; 42(1): 37-58, 2004;
www.be.wvu.edu/serve/bureau/jsbm). Their research was
based on the “National Survey of Families and Households
1987-1998/1992-1994.” They found that the association
between job satisfaction and self-employment depends on both
the quantity and quality of time invested in the business.
The self-employed report higher levels of job satisfaction
than others. The article provides the implications of the
authors’ findings as well as directions for further
research.

Terrance Malkinson is
a proposal manager/documentation specialist; an elected Senator of
the University of Calgary; an elected Governor of the Engineering
Management Society; international correspondent for IEEE-USA
Today's Engineer; editor-in-chief of IEEE-USA News and
Views; and editor of the IEEE Engineering Management
Society Newsletter. He can be reached at
todaysengineer@ieee.org.
Views expressed in this article are the author's and do not
necessarily reflect those of IEEE-USA.
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