Education

Monday Readings// Doctors Without Borders, Banking culture, Networking, and More…

“What about Monday? That could be our one day we look at things the same way, and wear funny shoes.”
― Kevin Dalton

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Doctors without borders in war zones

We all know that various parts of our world, are in a terrible condition. There are ongoing wars, diseases, natural disasters, famine, severely malnourished children, etc. Doctors without borders have been actively participating to help, at least where help is needed the most. But in Syria, things are getting out of control. Hospitals have been attacked and hospital staff members have been killed, to say the least. On Spiegel Online, there’s an interesting story about Dr. Muhamed, who helped a woman deliver a baby, in a war zone in southern Syria, shortly before his hospital was laid in ruins. Read all about it here.

How to become a master in networking

You’ve probably heard this before; ‘ Everything is about networking.’ Yes, I’ve heard that too. Having a good network may help you land that dream job, great deal, funding, great business partners, etc. But the truth is, many of us have difficulties when it comes to networking. We probably easily panic and shy away, and end up missing out on great opportunities. Learn the ways in which you can become a master networker here

So what’s so bad about the banking culture, which allows financial crimes like insider dealing?

Remember the story about Kweku Adoboli  who faced charges of false accounting and fraud and cost Swiss bank UBS almost £1.5 bn? Allow me to refresh your memory.

On BBC, Mr. Adoboli talked about the importance of changing the culture of the banking industry. In his case, he claims that senior bankers placed a huge amount of pressure on him to generate bigger profits by taking greater risks. He also claims the situation hasn’t changed at all and that other young bankers still face that same pressure. But is that a reason to engage in financial criminal activities?  Well guess what? Even students working as interns are not exempted from these rules-See Matthew Uberoi’s story. It’s that serious.

Do you think  what Mr- Adoboli dis makes him a criminal? Do you think what he did was a crime?

Those are the similar questions he was asked at the interview. And, surprisingly (or not) Mr. Adoboli  doesn’t think he is a criminal. In fact, he says that’s only a ‘label.’

Ahem!  In law school, i remember studying this area of financial market abuse in depth. In fact my LLM dissertation focused on the effectiveness of  the Insider dealing regulations in the UK and EU. And one thing i can recall from my findings was that; the regulation of insider dealing and other market abuse related crimes, is a huge and complex area, with endless debates. Some don’t even think it’s a crime and argue this area should not be regulated at all. (To understand what i mean, you may want to begin here- with what Professor Henry G. Manne had to say . And yes, as you may think, he had both his supporters and opposers)

From Mr. Adoboli’s response, i am not surprised at all that he still doesn’t think what he did was a crime. Like many others, I would guess  that what he believed was that – It’s only a harmless white- collar crime. (The term was coined by Edwin Sutherland in 1939). From my  research findings and observations, especially from an ethical and legal perspective (which i will discuss another day), financial market abuse related activities are serious crimes.

You can see Kweku Adoboli’s interview in full  on BBC here or here 

Time to end the  9-to-5 workday?

Many are looking for a career that offers job flexibility these days. Either work from home or show up at your own convenient time, and still get that big fat pay check! Sounds awesome, right? Well, here’s the  news- Flexibility, scares some employers! However, that shouldn’t be the case. In fact according to studies, flexibility may have a positive effect on employees’ overall well-being, their productivity and quality of work. Read all about it here

Shoppable runway shows – How successful is the ‘see now-buy now’ sales strategy?

I’ve spent time watching runway shows and obsessing over some beautiful pieces, i felt i couldn’t live without. You know the kind of  ‘I want it now’ feeling? The good news is that some brands, including high fashion brands, have thankfully began to make that possible. They now enable customers to shop their collections immediately after they debut on the catwalk.But how successful are they?  Read all about it here on the Business of Fashion.

Follow the Yellow brick road to the House of GUCCI!

Gucci is the real talk right now! And we all know who the genius behind it all is- The one and only Alessandro Michele, the new creative director of Gucci. According to Vogue, he is the most influential man in fashion. I absolutely agree! I will never forget his historic catwalk at Westminster Abbey this year in June. It was magical! (You can watch the fashion show here, just to understand my obsession!).

The magical Gucci girl for ‘next season’ SS17 was well presented at the Milan Fashion week recently, and all i could think of is, how Gucciland is fascinating! You can see for yourself the latest fashion show at the Milan fashion week here and the spectacular photos right here. Besides Gucci,  Vogue also named a few other high fashion brands who made it to the top ‘Collections of Milan Fashion Week.’

 

Weekly Roundup reads: Hello New Zodiac Sign?

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Source- Pixabay

Thank God it’s Friday! Here are some of my favorite end-of-week reads:

  • If you are one of those kinds of people who make their important life decisions based on zodiac signs and the magic of astrology, you might be interested to know that your star sign has probably changed. Say what? Yeah, you read right, and it’s O.K to freak out!  (Cosmopolitan)
  • Is the corporate world really a ‘boys’ club’? And will it always be that way? Companies That Discriminate Fail (Eventually) (Bloomberg view)
  • Sad, but true- Poor vision is one of the biggest curable disease, that people rarely talk about. What’s the remedy? (World Economic Forum)
  • Are leaders born or made? You guessed right! The answer is … both (Jack and Suzy Welch, on LinkedIn)
  • Why is Goldman Sachs encouraging employees to talk about race at work? Edith Cooper, Global Head of Human Capital Management at Goldman Sachs, shared an interesting article on LinkedIn)
  • Would you care to become so good you can’t be ignored? Here is why and how.(Lifehack)
  • Broke entrepreneurs, business fund seekers… If you’ve been down that road before, you’ll  agree that raising money for a startup can be quite stressful! But here’s why entrepreneurs and founders should care where their VCs get their money. (TechCrunch)
  • The 5 elements that hinder your company’s development and are harmful to your organizational culture. (Entrepreneur)
  • “Success is stumbling from failure to failure with no loss of enthusiasm.” –Winston Churchill. Dr. Travis Bradberry  gives excellent tips on the “8 Ways Smart People Use Failure To Their Advantage.” (Forbes)
  • #Futureofwork– The Future of work is here. And it’s here to stay. No need for chills and goosebumps- Josh Bersin explains the three simple parts of the ‘Future of Work.’ (Forbes)
  • Liam Fox, the Secretary of State for International Trade and President of the Board of Trade accused the British business of becoming “too lazy and too fat.” He said that businessmen and women prefer to “golf on a Friday afternoon” instead of working. (The Telegraph)
  • Reality TV star, Kim Kardashian wants to go to Law School. You go girl!  (Daily Caller)

If you like what you read, please share the word

 

The Debate about Gender Equality Is Far From Over!

I was surprised when i read about Saatchi & Saatchi chairman Kevin Roberts thoughts on gender diversity. Roberts told Business Insider that didn’t think the lack of women in leadership roles was a problem in the advertising industry, and that the debate on Gender inequality in his industry was ‘over.’ -Oh Really?!

Well, according to sources, he stepped down after sparking the roar, and later apologized for his comments. (Read more on The Guardian)

Apology accepted! But i must confess that i didn’t expect that from such a high profile man!

I’m also tempted to ask – Why on earth would he say such a thing? And how many more agree with him?

Certainly not  US President, Barack Obama who publicly called himself a feminist. How awesome!

 

Or  Canada’s prime minister Justin Trudeau who understands what it’s like to be living in the 21 century!

 

There’s an excellent report by McKinsey on “How advancing women’s equality can add $12 trillion to global growth” which explains in depth why the public, private, and social sectors will need to work on closing  gender gaps in work and society. (Read all about it here)

On a separate article, “A CEO’s guide to gender equality“-McKinsey highlights why progress towards gender equality is so slow.

Big as the prize may be, gender equality still eludes companies around the globe. Despite modest improvements in the past few years, women are underrepresented at every level in the corporate pipeline—especially the senior level

The guide offers a solution for  executives to think about pressing forward with their own gender initiatives. Read on here