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Don’t Always Keep Your Options Open

Michigans career-services director offers some contrarian advice on career management while discussing the recruiting process

Al Cotrone has been the director of career services at the University of Michigans Ross School of Business for nine years. For the class of 2006, Cotrone and his staff of 15 helped Ross 430 full-time MBAs achieve mean starting salaries of $94,000 with median signing bonuses of $19,500. While a third of Ross class remains in the Midwest for work, half of the class ventured to either financial capital New York or tech-oriented Silicon Valley or Seattle. Roughly 15% of the graduates accept jobs overseas. With the healthy MBA recruiting climate, Cotrone has seen a resurgence in real estate and a big jump in new media.

Cotrone spoke to BusinessWeek.com reporter Janie Ho and explained why you should not keep your options open. Here are edited excerpts of their conversation:

More : businessweek.com

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Dont Put off Till Tomorrow

If you are careless about time and neglect it, it may result in great loss. Suppose you keep on putting off your visit or writing to your clients to pay their outstanding bills, a day may come when they start simply denying your money and create problems for you. Here the rule should be : dont put off till tomorrow what you can collect today. Things change at a very faster pace these days. The more you delay in realising your money the more bad debts you will create for yourself.

Dont follow the money

Dont follow the money George Armoyan has no MBA, no CA, no CFA or any other designation that would qualify him as the best investor in Canada youve never heard of. I have a WD—Wheeler Dealer, he says with a laugh. The fast-talking, Syrian-born Armenian wheels and deals more cleverly than just about anyone on Bay Street. But he doesnt work on the Street, and he invests in businesses that dont show up on his rivals radar screens. Source : theglobeandmail.com

Eight Reasons why Many Change Processes dont Succeed

Control what you can as retirement looms

Control what you can as retirement looms The most striking thing about mail from readers who are thinking about retirement is something I call the personal action gap. Whats that? Simply this. Many devote a lot of effort to things with uncertain results, like investing. Remarkably little attention goes to personal actions that have surefire results. So here are five simple steps toward retirement. They require personal action. They dont require help from others. They require willpower and intention. They dont require an MBA. More : chron.com

Alumni dont recall Butler

Alumni dont recall Butler Two days before the election and more than two weeks since first asked to confirm her academic credentials, District 150 School Board member Alicia Butler still refuses to discuss two disputed degrees. Questions continue to mount, however, as nearly a dozen professors and alumni said this week they have no recollection of Butler attending classes in the MBA program she claims to have completed at Bradley University. No comment, Butler said Thursday, when asked to discuss her college credentials at a candidates forum. Instead, she referred questions to her attorney, Hugh Toner. More : pjstar.com

No short cut to success

Look at what 72-year old Pierre Cardin, the high priest of western attire, a well-known international personality in the world of fashion, said in his reply to a reporter who asked him about his daily schedule, If you do what I do everyday, you will die. I work 18-20 hours a day, even at this age. Dont go by the champagne, the jet-set life and the glitzy party in cocktail circuits. Behind that is very hard work, strict schedule, careful planning and a rigid discipline. So you see it is not very easy. I believe in doing everything in moderation,

How to Win Over Your Employees

If any of your employees commits a mistake, neither generalize nor point out to his/her past blunders. It is rather wise to help the employee overcome the problem. Of course, you have to devise such systems and mechanism that the same mistake is not repeated time and again. Always be direct in what you want. Dont resort to hints and innuendo. More over, some people might have a problem in following orders, so try to be subtle in your approach.

I Don’t Understand Stock Markets: Infosys Chairman.

NEW DELHI, April 18 Asia Pulse - Following Friday's stock market crash after Infosys' (BSE:632238) guidance of a flat growth in first quarter, the company's Chairman and Chief Mentor N R Narayana Murthy today said he did not understand market behaviour.

Broadneck women receive scholarships from club

Three decades separate Arnold residents Jo-Anne Vazquez, 47, and Heather Franceschini, 17. At first glance, they dont seem to have much in common. But, a closer look reveals two strong women, dedicated to pursing their goals - with side jobs serving food. Recently, several dozen women applauded the two as they accepted a gift to help them better achieve their dreams. More : hometownannapolis.com

NIT-C workshop for new entrepreneurs

The Technology Business Incubator (TBI), National Institute of Technology-Calicut (NIT-C), will organise a one-day workshop on `Growth options and financial options for new entrepreneurs' on January 10. Pankaj Khandelwal, consultant in the areas of technology commercialisation, technology diagnostics, entrepreneur development, technology research and expert databases, will be the main speaker. Mr. Khandelwal is also associated with the Indian Institute of Technology, Mumbai. An alumnus of the Indian Institute of Management, Kolkata, Mr. Khandelwal has worked with McKinsey, international consulting firm, for a few years.

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