Word: skilling
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...teamwork at Cambridge's Judge Business School, knows why. He writes about the rowers and their lessons for business in a book, The Subjectivity of Performance, to be published next year. In building the best teams, de Rond argues, it's sometimes necessary to jettison a bit of skill for sociability. "Talent is not just an individual trait but a social one," he says. That's true for high-performance business teams too: affable B players often bring out the best in the superstars. "They are lubricants; they can act as a buffer between the others...
Immigration policy is one of the most divisive issues in American politics. There is, however, one aspect of this issue that ought to be quite clear cut: The United States government should seek to facilitate, rather than impede, the immigration of highly skilled internationals who add tremendously to our country and economy. Currently, however, restrictive limits on H-1B Visas—three-year visas issued to high skill professionals and students—are preventing many valuable workers, including foreign graduates of American universities, from contributing to the American economy. Strangely enough, until last week it seemed that...
Less admirable than this loyalty is the Australian fetish of antielitism. If you want to nuke an enemy, call him an elitist, especially if he is an intellectual. The word is empty, since no society, including Australia's, has ever been able to function without elites of skill, intelligence and ordinary competence. Yet Australians can rarely bring themselves to say they value human superiority. It sounds undemocratic...
...nowhere have they been more prominent than in Ireland. According to Irish officials, more than 150,000 Poles have flocked there in just two years. They now make up the country's largest nonnative population and at least 5% of the workforce. Many go for low-skill jobs in pubs or retail shops, but others arrive with skills in fields like construction and plumbing, which are crucial to feeding the country's appetite for houses and offices...
Prince, a lawyer, became Citigroup CEO in 2003 largely on the strength of his skill in resolving these legal hassles. But he led Citi smack into the next big financial scandal: subprime-mortgage lending. Over the past five years, Citi went from also-ran to leading issuer of the CDOs that take subprime mortgages or other loans and reprocess them into purportedly low-risk securities. Market jitters and ratings-agency downgrades have sent CDOs into a free fall--and now the banks have to account for the losses...