Fewer than 2% of NCAA student-athletes go on to play professionally. But the college sports experience still has strong benefits for those who go on to become business professionals, entrepreneurs, artists and educators. The iconic Vince Lombardi once commented "The price of success is hard work, dedication to the job at hand and the derermination that whether we win or lose, we have applied the best of ourselves to task at hand". Regardless of being a student and/or an athlete,
It’s no secret that in the age of AI and automation, jobs don’t look like they used to—and the careers of yesteryear are disappearing fast. But today’s post-pandemic job seekers face even steeper hurdles ahead: COVID-19 is hurtling us toward a non-human workforce faster than ever, as businesses scramble to replace vulnerable workers with robots, AI, and automation—a workforce that never gets sick. Don’t believe it? Retailers like Gap and Walmart are already rushing forces of robots onto warehouse floors. Tyson Foods “hired” robot butchers. Microsoft replaced MSN newsroom producers with its own AI. Across the board, CFOs are doubling down on employee hiring freezes and furloughs, all while maintaining—or increasing—their robotics, data analytics, and AI spend. “We’re simply not prepared for this rapid-fire implementation of technology or the job losses that lie ahead but by developing four uniquely human skills—ones that technology can’t replicate—we can take control and carve out new, resilient careers sooner than you’d think.” Joining us for our discussion on Career Strategy is Somi Arian who is on the phone from her London England office. SOMI ARIAN is a tech philosopher, international speaker, entrepreneur, award-winning filmmaker, and LinkedIn Top Voice influencer. Her work focuses on the impact of technology on society at large, the business landscape, and the future of work. A sought-after transition architect, Arian has given talks and workshops to industry leaders from organizations such as the BBC, The Economist, Marie Claire, Amazon, HSBC, Morgan Stanley, Virgin Atlantic, and American Express. Her latest book is Career Fear (And How To Beat It): Get The Perspective, Mindset and Skills You Need to FutureProof Your Work Life. Welcome to Mastering Your Money, Somi Arian.
What happens to black health care professionals in the new economy, where work is insecure and organizational resources are scarce? Today we will discuss how hospitals, clinics, and other institutions participate in “racial outsourcing,” relying heavily on black doctors, nurses, technicians, and physician assistants to do “equity work" extra labor that makes organizations and their services more accessible to communities of color. These organizations become more profit driven, they come to depend on black health care professionals to perform equity work to serve increasingly diverse constituencies. Yet black workers often do this labor without recognition, compensation, or support. Operating at the intersection of work, race, gender, and class, We will the challenges that black employees must overcome and reveals the complicated issues of inequality in today’s workplaces and communities. Joining us for our discussion on Race and Money is Adia Harvey Wingfield who is on the phone from her St. Louis Mo office. Adia Harvey Wingfield is a Professor of Sociology and a Faculty Fellow in the Office of the Provost. Adia’s research focuses on the processes that maintain racial and gender inequality in professional workplaces. She has lectured internationally on her research this area, and has published her work in numerous peer reviewed journals including Gender & Society, Social Problems, and American Behavioral Scientist. Adia is also the author of several books. In addition to serving as a Faculty Fellow, she is also President of Sociologists for Women in Society, a professional organization devoted to advancing gender equality in sociology. Her latest book is Flatlining: Race, Work, and Health Care in the New Economy Welcome to Mastering Your Money, Adia Harvey Wingfield .
We all want to perform at our best and be successful, creative, and happy at work. Yet these days, with the COVID-19 pandemic, work is a major source of stress. People are worried not only about getting sick, but also about the impact on their business, career, and future. Many people have lost their job or fear they will. In addition to concerns about job security, people have to adjust to new work environments and working from home. Workers at all levels in wide-ranging fields are seeking advice to help them deal with this unprecedented, stressful situation. What can we do to become more effective and feel more fulfilled at work as a matter of course, but especially as the COVID-19 crisis lingers? Many experts focus on obvious factors, such as motivation and networking. Yet, few recognize or understand the more subtle environmental prompts and everyday habits that have a significant impact on our work. Things we typically overlook—from workspace fixtures, such as lighting, to commonplace gestures—can have a big influence on performance and well-being at work Joining us for our discussion on A Happy Office is Thalma Lobel who is on the phone from her Tel Aviv office. Thalma E. Lobel is an internationally recognized psychologist and expert on human behavior. A former chair at the School of Psychological Sciences at Tel Aviv University and director of the Adler Center for Child Development and Psychotherapy, she has been a visiting professor at Harvard University and a visiting scholar at Tufts University, the University of California at San Diego, and New York University. Her previous book, Sensation: The New Science of Physical Intelligence, was published in 15 countries. Lobel is a sought after speaker who regularly keynotes events in top research institutions and corporations around the world. Her new book is Whatever Works: The Small Cues That Make a Surprising Difference in Our Success at Work—and How to Create a Happier Office Welcome to Mastering Your Money, Thalma Lobel .
Maggie Craddock, Lifeboat, Ed Fulbright, Mastering Your Money Radio, Career Disruption
Before the coronavirus epidemic, Amazon had been consuming some 2% of all U.S. household income, a percentage that has assuredly risen since the outbreak’s onset, particularly among the company’s more than 150+ million Amazon Prime members. While 51% of American households attend church, 62% have Prime memberships. In the best of times, the company’s presence in our daily lives is inescapable. As Amazon gains many invaluable lessons from the Covid-19 outbreak, the company will only become more ubiquitous in the decades ahead. Soberly aware of Amazon’s staying power, the CEO quipped to employees in 2018: “I predict one day, Amazon will fail. If you look at large companies, their lifespans tend to be thirty-plus years.” At the time he made that comment, Amazon was twenty-four-years-old. Bestselling Good to Great author Jim Collins says Amazon needs to build a new mechanism for growth. That mechanism—a virtuous cycle “flywheel” that used data to attract more buyers and sellers whose new data contributions could then be harnessed by the flywheel—was championed by Bezos and today has been made to accelerate even faster using Amazon’s massive AI engines. As the author argues, Amazon is a business where AI is increasingly making the decisions that humans used to make and keeps getting smarter on its own. Rivals have taken notice. This why some companies, such as Walmart and Alibaba, have chosen to steal from Amazon’s playbook while others have tried to identify the few things the Seattle juggernaut can’t do and excel at them. Bezos has built one of the most efficient wealth-creation machines in history, a juggernaut. This convenience, however, will come at a cost. It will lead to massive job disruptions and our lives being affected by technology in ever more invasive ways. Joining us for our discussion on The Amazon Effect is Brian Dumaine who is on the phone from his New York office. Brian Dumaine is an award-winning journalist and a contributing editor at Fortune magazine. His latest book is Bezonomics: How Amazon is Changing our Lives and What The World's Best Companies Are Learning From It. Welcome to Mastering Your Money, Brian Dumaine .
Unless you’ve given up on your career or feel that you have plateaued, the idea of getting promoted remains a driving force behind your day-to-day performance. Conventional wisdom and some empirical data suggest that the first ninety days in a new job are critical in determining if you are going to experience a ‘hard or soft landing’. One arrives at a new place without the benefit of what I call ‘relationship equity’. Relationship equity is the value that comes from knowing and working with others. The problem is that ‘relationship equity’ does not transfer to your next company–you earn it. Again, per research, you have 90 days to start building this type of equity with your new colleagues. In addition to building relationship equity, figuring out how to efficiently transition from the old job to the new one is critical. Regardless of whether the promotion is internal or to another company, the crucial question is “Whose job are you working on?” Unless you’ve given up on your career or feel that you have plateaued, the idea of getting promoted remains a driving force behind your day-to-day performance. Conventional wisdom and some empirical data suggest that the first ninety days in a new job are critical in determining if you are going to experience a ‘hard or soft landing’. One arrives at a new place without the benefit of what I call ‘relationship equity’. Relationship equity is the value that comes from knowing and working with others. The problem is that ‘relationship equity’ does not transfer to your next company–you earn it. Again, per research, you have 90 days to start building this type of equity with your new colleagues. In addition to building relationship equity, figuring out how to efficiently transition from the old job to the new one is critical. Regardless of whether the promotion is internal or to another company, the crucial question is “Whose job are you working on?”