Word: approaches
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...According to psychologists James Konow and Joseph Earley, income really only provides happiness at the lower levels of the earnings spectrum—when paying for necessities. So MBAs and others who egoistically seek to maximize income as a path to happiness are likely taking the wrong approach. Unethical or immoral behavior as a means to increase income, therefore, is probably not the right way to attain overall happiness either...
...aspirations grow faster than our accomplishments. As we gain wealth at some rate, our aspirations may grow at an even quicker rate, leaving us constantly unsatisfied. People who, out of self-interest or greed, put their own aspirations above the needs of others, may again be taking the wrong approach to happiness...
...period were underway when she took office in 2008, as her staff began investigating the possibilities for J-Term programming along the lines of what the Conley committee had originally envisioned. Faculty of Arts and Sciences Dean Michael D. Smith says that he and Hammonds approached the Board of Overseers and some alumni early last fall with their ideas for January and were encouraged to further investigate the details involved with implementation, especially the financial aspect of J-Term.But by November 2008—when it became evident that the economic crisis would cripple Harvard’s endowment, which...
...Commencement approaches, Harvard likes to think it has helped to produce another class of leaders. But are leaders born or made? Is nature or nurture more important? I address these questions in my recent book, The Powers to Lead. How often have you heard someone say that a political candidate looks (or does not look) like a leader? A tall handsome person enters a room, draws attention, and “looks like a leader.” Various studies have shown that tall men are often favored, and corporate CEOs are taller than average. Moreover, tall men tend...
...projections that suggest untenable growth.“I think we’ve learned a lesson about the limits of [quantitative modeling],” Stein says. “There’s a need to overlay it with softer, more qualitative judgment.”This approach strikes few as particularly novel—some well-performing hedge funds, for instance, have always relied on a global view of economic trends rather than heavily statistical data analysis. And “common sense” also applies to deciding which data points are relevant in any given...