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THE EMBC NETWORK featuring: ihealthradio and worldwide podcasts
From Wall Street to Financial Freedom with Kelly Gushue Unlock Your Financial Future with Kelly Gushue! From Wall Street to Financial Freedom with Kelly Gushue Are you tired of feeling lost when it comes to your finances, constantly worrying about money and not knowing how to secure your future? Are you tired of living paycheck to paycheck and feeling like you're not in control of your financial situation? In this video, Kelly Gushue shares her expert insights on how to take control of your financial future and achieve long-term financial stability. From budgeting and saving to investing and building wealth, Kelly provides actionable tips and strategies to help you make informed financial decisions and secure your financial future. Whether you're just starting out or looking to improve your current financial situation, this video is packed with valuable information to help you achieve financial freedom. So, what are you waiting for? Take the first step towards taking control of your financial future today! Kelly Gushue is a Financial Coach who empowers female leaders to take control of their financial future. As the founder of Personal Finance Warrior (www.PersonalFinanceWarrior.com), she provides coaching programs for women to learn how to invest with confidence, understand their choices, and build wealth in addition to their business or career. Drawing on her experience as a former Portfolio Strategist and Financial Advisor, Kelly guides women through all aspects of investing—including financial markets, real estate, digital assets, and alternative investments—so they can achieve financial freedom on their terms. Inspired by her mother's resilience in rebuilding a life after financial hardship, Kelly is dedicated to ensuring no woman ever feels powerless over her finances again. She holds an undergraduate degree from Harvard University and an MBA from the Booth School of Business at the University of Chicago. As a true global citizen, she has lived in 11 cities and traveled to 50+ countries, enriching her perspective and enabling her to connect with women from all around the world. My name is Rebecca Whitman, awarded Life Coach of the Year by International Association of Top Professionals. USA Today rated me Top 5 Entrepreneurs to Watch in 2024. Follow me: https://www.instagram.com/rebeccaewhitman/ https://www.youtube.com/channel/UC3PaOeXvkhIHue2hreB22Vw https://www.facebook.com/rebecca.whitman https://twitter.com/RebeccaEWhitman https://www.linkedin.com/in/rebeccaewhitman/ My website is: https://www.rebeccaelizabethwhitman.com/ Click here to book a Breakthrough Call and product Promo Codes: http://pillar.io/rebeccaewhitman I believe there are SEVEN pillars of abundance; spirituality, fitness, emotions, romance, mental, social, and finally your financial life. When you get all seven areas in alignment, you are Balanced, Beautiful and Abundant! This show is rated top 1% globally in self-help and won the Positive Change Award by Speak Up Talk Radio. financial coaching, investing confidence, career coaching, personal finance, money management, coaching programs, financial literacy, wealth building, financial independence, portfolio strategy, financial future, financial advisor, business finance, women's financial education, women leaders, female empowerment, investment strategies
THE EMBC NETWORK featuring: ihealthradio and worldwide podcasts
From Wall Street to Financial Freedom with Kelly Gushue Unlock Your Financial Future with Kelly Gushue! From Wall Street to Financial Freedom with Kelly Gushue Are you tired of feeling lost when it comes to your finances, constantly worrying about money and not knowing how to secure your future? Are you tired of living paycheck to paycheck and feeling like you're not in control of your financial situation? In this video, Kelly Gushue shares her expert insights on how to take control of your financial future and achieve long-term financial stability. From budgeting and saving to investing and building wealth, Kelly provides actionable tips and strategies to help you make informed financial decisions and secure your financial future. Whether you're just starting out or looking to improve your current financial situation, this video is packed with valuable information to help you achieve financial freedom. So, what are you waiting for? Take the first step towards taking control of your financial future today! Kelly Gushue is a Financial Coach who empowers female leaders to take control of their financial future. As the founder of Personal Finance Warrior (www.PersonalFinanceWarrior.com), she provides coaching programs for women to learn how to invest with confidence, understand their choices, and build wealth in addition to their business or career. Drawing on her experience as a former Portfolio Strategist and Financial Advisor, Kelly guides women through all aspects of investing—including financial markets, real estate, digital assets, and alternative investments—so they can achieve financial freedom on their terms. Inspired by her mother's resilience in rebuilding a life after financial hardship, Kelly is dedicated to ensuring no woman ever feels powerless over her finances again. She holds an undergraduate degree from Harvard University and an MBA from the Booth School of Business at the University of Chicago. As a true global citizen, she has lived in 11 cities and traveled to 50+ countries, enriching her perspective and enabling her to connect with women from all around the world. My name is Rebecca Whitman, awarded Life Coach of the Year by International Association of Top Professionals. USA Today rated me Top 5 Entrepreneurs to Watch in 2024. Follow me: https://www.instagram.com/rebeccaewhitman/ https://www.youtube.com/channel/UC3PaOeXvkhIHue2hreB22Vw https://www.facebook.com/rebecca.whitman https://twitter.com/RebeccaEWhitman https://www.linkedin.com/in/rebeccaewhitman/ My website is: https://www.rebeccaelizabethwhitman.com/ Click here to book a Breakthrough Call and product Promo Codes: http://pillar.io/rebeccaewhitman I believe there are SEVEN pillars of abundance; spirituality, fitness, emotions, romance, mental, social, and finally your financial life. When you get all seven areas in alignment, you are Balanced, Beautiful and Abundant! This show is rated top 1% globally in self-help and won the Positive Change Award by Speak Up Talk Radio. financial coaching, investing confidence, career coaching, personal finance, money management, coaching programs, financial literacy, wealth building, financial independence, portfolio strategy, financial future, financial advisor, business finance, women's financial education, women leaders, female empowerment, investment strategies
The Capitalism and Freedom in the Twenty-First Century Podcast
Jon Hartley and Eugene Fama discuss Gene's career at the University of Chicago Booth School of Business since the 1960s and helping to start Dimensional Fund Advisers (DFA) in the 1980s, fat tails, the rise of modern portfolio theory, efficient markets versus behavioral finance, factor-based investing, the role of intermediaries, and whether asset prices are elastic versus inelastic with respect to demand. Recorded on March 14, 2025. ABOUT THE SPEAKERS: Eugene F. Fama, 2013 Nobel laureate in economic sciences, is widely recognized as the "father of modern finance." His research is well-known in both the academic and investment communities. He is strongly identified with research on markets, particularly the efficient markets hypothesis. He focuses much of his research on the relation between risk and expected return and its implications for portfolio management. His work has transformed the way finance is viewed and conducted. Fama is a prolific author, having written two books and published more than 100 articles in academic journals. He is among the most cited researchers in economics. In addition to the Nobel Prize in Economic Sciences, Fama was the first elected fellow of the American Finance Association in 2001. He is also a fellow of the Econometric Society and the American Academy of Arts and Sciences. He was the first recipient of three major prizes in finance: the Deutsche Bank Prize in Financial Economics (2005), the Morgan Stanley American Finance Association Award for Excellence in Finance (2007), and the Onassis Prize in Finance (2009). Other awards include the 1982 Chaire Francqui (Belgian National Science Prize), the 2006 Nicholas Molodovsky Award from the CFA Institute recognizing his work in portfolio theory and asset pricing, and the 2007 Fred Arditti Innovation Award given by the Chicago Mercantile Exchange Center for Innovation. He was awarded doctor of law degrees by the University of Rochester and DePaul University, a doctor honoris causa by the Catholic University of Leuven, Belgium, and a doctor of science honoris causa by Tufts University. Fama earned a bachelor's degree from Tufts University in 1960, followed by an MBA and PhD from the University of Chicago Graduate School of Business (now the Booth School) in 1964. He joined the GSB faculty in 1963. Fama is a father of four and a grandfather of ten. He is an avid golfer, an opera buff, and a former windsurfer and tennis player. He is a member of Malden Catholic High School's athletic hall of fame. Jon Hartley is currently a Policy Fellow at the Hoover Institution, an economics PhD Candidate at Stanford University, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), a Senior Fellow at the Macdonald-Laurier Institute, and an Affiliated Scholar at the Mercatus Center. Jon also is the host of the Capitalism and Freedom in the 21st Century Podcast, an official podcast of the Hoover Institution, a member of the Canadian Group of Economists, and the chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as a Fixed Income Portfolio Construction and Risk Management Associate and as a Quantitative Investment Strategies Client Portfolio Management Senior Analyst and in various policy/governmental roles at the World Bank, IMF, Committee on Capital Markets Regulation, U.S. Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada. Jon has also been a regular economics contributor for National Review Online, Forbes and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/
In President Donald Trump's recent joint address to Congress, he said, "To unshackle our economy, I have directed that for every one new regulation, ten old regulations must be eliminated." Elon Musk, whom Trump has assigned to execute this vision, has argued that it is time to get rid of all regulations, or as Musk said, “regulations, basically, should be default gone.”Joining Bethany and Luigi to discuss this intensified commitment to deregulation and laissez-faire capitalism is Sam Peltzman, perhaps the leading living expert on the economics of regulation. Peltzman is the Ralph and Dorothy Keller Distinguished Service Professor Emeritus of Economics at the University of Chicago's Booth School of Business and director emeritus of the Stigler Center, which sponsors this podcast and is named after his mentor, Nobel-Prize laureate George Stigler. Together, the three of them chart a historical perspective on regulation, from Stigler's ideas of regulatory capture to the unintended consequences of deregulatory efforts over time to today's “chainsaw” approach to gutting federal agencies. To understand the costs and benefits of regulation, they discuss how federal agencies have recently intervened in markets, if the private sector could not have accomplished these interventions more efficiently, and if these interventions did more harm than good. Their case studies include the funding, testing, and rollout of the COVID-19 vaccine, the regulation of cryptocurrencies, the management of the collapse of Silicon Valley Bank, and the role of the government in addressing climate change. In the process, they answer the trillion-dollar question: Are Trump's deregulation efforts actually efficient?Episode Notes:Revisit our recent episode with Federico Sturzenegger, the Argentinian Minister for State Transformation and DeregulationRead the op-ed Bethany mentions writing in the wake of the financial crisis: Who Wants a 30-Year Mortgage?At the end of the conversation with Peltzman, Luigi asks him about his recent academic papers tracing marriage and happiness. Read these papers on the Stigler Center's Working Paper archives: The Socio-Political Demography of Happiness (2023) and The Anatomy of Marital Happiness (2025)
This week, the Federal Reserve's Open Market Committee meets to decide whether to adjust interest rates or keep them steady. What should we expect amid today's economic and political uncertainty? On this episode of The Pie, Randy Kroszner, former Federal Reserve Governor and Norman R. Bobins Professor of Economics at the Booth School of Business, discusses the factors influencing the Fed's decision.
Kelly Gushue is a former investment industry insider turned Financial Coach as the founder of Personal Finance Warrior (www.PersonalFinanceWarrior.com). She helps women take control of their finances, invest with confidence, and build lasting wealth alongside their careers or businesses. Drawing on her experience as a Portfolio Strategist and Financial Advisor, Kelly knows how overwhelming investing can feel—and she's passionate about making it approachable, practical, and empowering. Whether it's financial markets, real estate, digital assets, or alternative investments, Kelly guides women step-by-step to achieve financial freedom on their terms. Kelly's inspiration comes from her mother, who rebuilt her life after financial hardship. Her story fuels Kelly's mission to ensure no woman ever feels powerless over her money. As a graduate of Harvard University and the Booth School of Business at the University of Chicago, Kelly combines world-class expertise with a deep understanding of the challenges women face in managing wealth. As a global citizen who has lived in 11 cities and traveled to over 50 countries, Kelly brings a unique perspective to her work, connecting deeply with women from all backgrounds. Her goal is simple: to give every woman the tools she needs to create a life of financial independence and confidence. https://bit.ly/wealthlist #PersonalFinance #InvestingForWomen #FinancialFreedom #WealthBuilding #MoneyManagement Body Transformation System!https://modere.io/NbOyU2 https://calendly.com/rebeccaelizabethwhitman/breakthrough To learn more about Rebecca…https://www.rebeccaelizabethwhitman.com/#home
Innovation as a Catalyst for Growth Bruce and I had a deep dive into the role of innovation in driving organizational success, particularly for small and medium-sized businesses that have reached maturity. Bruce underscored the necessity of renewal—companies can't afford to stay stagnant. Not every innovation initiative will hit the mark, but every attempt offers valuable lessons. I couldn't agree more. Innovation isn't just about flashy new ideas; it's about fostering a mindset of curiosity and resilience. People are at the core of innovation, and the right team can make or break an organization's ability to evolve. We both recognized that hiring the right people is one of the toughest challenges leaders face, but beyond that, organizations need to cultivate a culture that encourages innovation. It's not just about having the right tools or processes—it's about creating an environment where ideas can thrive. Innovation and Workplace Engagement The reality is, workplace engagement is at an all-time low. I shared my concerns about the lack of innovation in many workplaces, referencing a Gartner study that found only 2 out of 10 employees are fully engaged. That's a crisis. When organizations fail to innovate, they don't just lose competitive advantage—they lose their people. Innovation isn't a luxury; it's essential for progress. Leaders must be intentional about encouraging, investing in, and even demanding innovation. A practical step? Ask job candidates about their experience with innovation in their current workplace. Are they encouraged to think creatively? Do they have the freedom to test new ideas? Bruce echoed these sentiments, reinforcing the idea that engagement and innovation go hand in hand. Rethinking Creativity in the Accounting Industry Most people wouldn't associate accounting with creativity, but Bruce and I explored why it's critical for the industry. I emphasized the importance of curiosity and thinking beyond the traditional numbers game, while Bruce pointed out the role of pattern recognition and strategic inquisitiveness. It's not enough to be curious—you have to direct that curiosity toward solving real-world problems. The firms that embrace this mindset will be the ones that thrive in an evolving market. Intentionality, Motivation, and Avoiding Burnout Another major topic we tackled was workplace motivation. Burnout is a productivity killer, and leaders need to recognize that being overwhelmed stifles both creativity and innovation. Organizations must create environments where employees feel supported, empowered, and able to navigate challenges effectively. Self-motivation plays a crucial role here. The most innovative and successful people are those who take ownership of their growth and learning. Bruce and I agreed that renewal and change within an organization can be tough, but they're necessary for long-term success. It's about shifting the mindset from resistance to reinvention. Bruce's Work and Thought Leadership We also discussed Bruce's extensive work in innovation consulting. His book No Excuses, Innovation and his co-authored work Serial Innovators (both published by Stanford University Press) offer incredible insights for leaders looking to drive change. For those wanting to connect with Bruce and dive deeper into his work, his website and LinkedIn are great resources. At the end of the day, innovation is about mindset, culture, and people. If organizations want to stay relevant, they need to embrace continuous learning, encourage experimentation, and create workplaces where people feel engaged and inspired to contribute their best ideas. Spanning a career at the intersection of business and technology, Bruce Vojak has experienced and explored innovation purposefully and variously, first established as a successful technology practitioner and executive in industry and later, in academia, conducting groundbreaking research on the practice of breakthrough innovation across a broad cross-section of large, mature companies and industries. He is co-author of "No-Excuses Innovation: Strategies for Small- and Medium-Sized Mature Enterprises" (Stanford, CA: Stanford University Press, 2022), "Serial Innovators: How Individuals Create and Deliver Breakthrough Innovations in Mature Firms" (Stanford, CA: Stanford University Press, 2012). A Senior Fellow with The Conference Board, he has served on the boards of JVA Partners, Micron Industries Corporation, and Midtronics, Inc. Before founding Breakthrough Innovation Advisors, LLC (https://www.breakthrough-innovation-advisors.com/), Bruce served as Associate Dean and Adjunct Professor in the top-ranked Grainger College of Engineering at the University of Illinois at Urbana‐Champaign. Earlier, he was Director of Advanced Technology at Motorola, held research and business development positions at Amoco Corporation and was on the research staff at MIT Lincoln Laboratory. He holds BS, MS, and PhD degrees in engineering from the University of Illinois at Urbana-Champaign and an MBA from the University of Chicago's Booth School of Business. SOCIAL MEDIA LINK linkedin.com/in/bvojak
In his 2012 book, 'A Capitalism for the People,' Luigi Zingales notes the deep economic problems that arise when people are rewarded for who you know, or even, who you pay off, rather than what you know, or your ability to produce and sell better goods and services. What are the broader consequences of this type of corruption that distorts outcomes like who gets a job, what is purchased, and what attributes determine economic success? What impact does corruption have on public trust in institutions? What can one do when norms that had protected market-based outcomes break down or prove insufficient? And what do the answers to these questions tell us about present circumstances? Luigi joins EconoFact Chats to discuss these issues. Luigi is the Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance at the Booth School of Business at the University of Chicago. He is also the Director at U. Chicago's Stigler Center.
In this episode of The TRU Leader Podcast, Tracy and Michelle are joined by Ruchira Chaudhary. Ruchira shares her transformative journey from unfulfilling careers to a purposeful life as a leadership coach. Drawing from her role as an executive coach at the University of Chicago's Booth School of Business and her groundbreaking book “Coaching: The Secret Code to Uncommon Leadership,” Ruchira highlights the power of coaching in helping leaders thrive while empowering others. The conversation explores frameworks like the “4C + Model,” which uses the "4 C's"—Capability, Clarity, Consciousness, and Confidence—to unlock personal growth and self-belief, especially for women navigating self-doubt. Together, they stress that coaching isn't about offering answers but fostering self-discovery and potential through thoughtful guidance.Ruchira advocates for building coaching into the fabric of organizational culture, replacing rigid performance reviews with continuous, supportive feedback. From insights on creating psychological safety in culturally diverse environments to practical tips for developing self-awareness and a growth mindset, this episode is packed with actionable advice for leaders looking to elevate their impact. Tune in to gain valuable strategies for coaching and leadership that can transform not just your professional life but also those you lead.For full show notes and links, visit https://www.missinglogic.com/truleaderIf you found value in this episode, please subscribe and leave us a review on Apple Podcasts!SOCIAL MEDIA LINK:https://www.linkedin.com/company/missinglogic-llcSummary:This episode of The TRU Leader Podcast features Ruchira Chaudhary's journey from an unfulfilling career to becoming a leadership coach and author. Ruchira and co-hosts Tracy and Michelle discuss the transformative power of coaching in leadership, highlighting frameworks like the “4C+ Model” with its “4 C's”—Capability, Clarity, Consciousness, and Confidence—that foster self-awareness, growth, and confidence, particularly for women overcoming self-doubt. They emphasize integrating coaching into organizational cultures through continuous feedback, creating psychological safety, and aligning personal and organizational goals, offering valuable insights into developing leaders who empower others while achieving their own potential.In this podcast, business leaders navigate the challenges of high-pressure jobs, tackling burnout, micromanagement, and decision fatigue while honing emotional intelligence, communication skills, and problem-solving abilities to strengthen their leadership identity. Through discussions on leadership development, stress management, conflict resolution, and time management, listeners gain insights into achieving work-life balance, overcoming the struggles of being overworked, and fostering personal growth in the ever-evolving workplace.
As more and more universities move away from full-time MBA programs, what does the future of business education look like? How should it look?In this episode, hear perspectives from three of the top business schools in the U.S.: Stanford Graduate School of Business, The Wharton School at the University of Pennsylvania, and the Booth School of Business at the University of Chicago. Hosts and finance professors Jonathan Berk and Jules van Binsbergen sit down with Chicago Booth's Madhav Rajan to discuss the state of the MBA programs at their universities and why there seems to be ac. The conversation also touches on the need for rigorous education, the value of technical skills versus managerial training, and potential innovations like modular MBA degrees. Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.
The Capitalism and Freedom in the Twenty-First Century Podcast
Jon Hartley and Douglas Irwin discuss Doug's career, the history of US trade policy, tariffs, globalization, the consumer and labor market effects of trade, the World Trade Organization, and industrial policy. Recorded on January 9, 2025. ABOUT THE SPEAKERS: Douglas Irwin is John French Professor of Economics at Dartmouth College. He is the author of Clashing over Commerce: A History of U.S. Trade Policy (University of Chicago Press, 2017), which The Economist and Foreign Affairs selected as one of their Best Books of the Year. He is president-elect of the Economic History Association (2022-23). He is the author of Free Trade Under Fire (Princeton University Press, fifth edition 2020), Trade Policy Disaster: Lessons from the 1930s (MIT Press, 2012), Peddling Protectionism: Smoot-Hawley and the Great Depression (Princeton University Press, 2011), The Genesis of the GATT (Cambridge University Press, 2008, co-authored with Petros Mavroidis and Alan Sykes), Against the Tide: An Intellectual History of Free Trade (Princeton University Press, 1996), and many articles on trade policy and economic history in books and professional journals. He is a Research Associate of the National Bureau of Economic Research and a non-resident Senior Fellow at the Peterson Institute for International Economics. He worked on trade policy issues while on the staff of President Ronald Reagan's Council of Economic Advisers and later worked in the International Finance Division at the Board of Governors of the Federal Reserve System in Washington, D.C. Before joining Dartmouth, Irwin taught at the University of Chicago's Booth School of Business. Follow Douglas Irwin on X: @D_A_Irwin Jon Hartley is the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada. Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/
The Surprising Truth about Motivation with Dr. Ayelet Fishbach In this episode of The WorkWell Podcast™, Jen Fisher and special co-host Keren Wasserman from Lyra Health speak with Dr. Ayelet Fishbach, professor of behavioral science and marketing at the University of Chicago's Booth School of Business and author of "Get It Done: Surprising Lessons from the Science of Motivation."Episode Highlights:Common motivation strategies that can backfire, including rigid goal-setting and misaligned incentivesHow to overcome the "middle problem" in long-term goals by breaking them into shorter segmentsThe connection between emotions and motivation as a feedback systemWhen to focus on progress made vs. progress needed based on where you are in your journeyWhy experts tend to look ahead while novices benefit from looking back at progressThe importance of social support and working with others to maintain motivationHow failure can provide valuable information and novel insights for learningLeadership strategies for maintaining team trust and motivation during challenging timesQuotable Moment:"Motivation is about knowledge, it's about being wise... I don't believe in relying on some inner strength that you might feel you have or not. I believe in learning and being wise and doing the things that keep you motivated." - Dr. Ayelet FishbachResources:This episode of The WorkWell Podcast™ is made possible by Lyra Health, a premier global workforce mental health solution. Learn more at Lyrahealth.com/workwell.
The Surprising Truth about Motivation with Dr. Ayelet Fishbach In this episode of The WorkWell Podcast™, Jen Fisher and special co-host Keren Wasserman from Lyra Health speak with Dr. Ayelet Fishbach, professor of behavioral science and marketing at the University of Chicago's Booth School of Business and author of "Get It Done: Surprising Lessons from the Science of Motivation."Episode Highlights:Common motivation strategies that can backfire, including rigid goal-setting and misaligned incentivesHow to overcome the "middle problem" in long-term goals by breaking them into shorter segmentsThe connection between emotions and motivation as a feedback systemWhen to focus on progress made vs. progress needed based on where you are in your journeyWhy experts tend to look ahead while novices benefit from looking back at progressThe importance of social support and working with others to maintain motivationHow failure can provide valuable information and novel insights for learningLeadership strategies for maintaining team trust and motivation during challenging timesQuotable Moment:"Motivation is about knowledge, it's about being wise... I don't believe in relying on some inner strength that you might feel you have or not. I believe in learning and being wise and doing the things that keep you motivated." - Dr. Ayelet FishbachResources:This episode of The WorkWell Podcast™ is made possible by Lyra Health, a premier global workforce mental health solution. Learn more at Lyrahealth.com/workwell.
Are you prepared to embrace a future defined by proximity? Rob Wolcott and Kaihan Krippendorff say we are in the digital age which is fundamentally different from the industrial age. They join Kevin to discuss the concept of proximity equals zero (P=0) – the compression of value closer to moments of demand - and how this is changing the way we work and live. They share how proximity connects with work and how we eat and provide real-world examples from Domino's Pizza's tech-driven customer experience to controlled environment agriculture revolutionizing food production. Further, they provide advice to leaders on leveraging proximity to break down barriers, prioritize opportunities, and align technology with unmet needs. Listen For 00:00 Introduction 00:30 Remarkable Leadership Podcast Overview 01:06 Flexible Leadership Book Promo 01:43 Guest Introduction: Rob Wolcott and Kaihan Krippendorff 03:01 Origins of the Book "Proximity" 08:08 What is Proximity? 12:07 Proximity and How We Work 15:57 Future of Work and Proximity 19:16 Proximity and How We Eat 24:31 Controlled Environment Agriculture and Vertical Farming 26:00 Proximity and Leadership: Next Steps for Leaders 28:50 Investment Opportunities in Proximity 31:10 What Rob and Kaihan Do for Fun 32:51 Book Recommendations from Rob and Kaihan 34:03 Closing Remarks Their Story: Robert C. Wolcott and Kaihan Krippendorff are the authors of Proximity: How Creating Breakthroughs in Just-in-Time Transform Business, Society, and Daily Life. Rob is the co-founder and chair of The World Innovation Network (TWIN Global). He is an adjunct professor of innovation at the Booth School of Business, University of Chicago, and an adjunct professor of executive education at the Kellogg School of Management, Northwestern University. His books include Grow from Within: Mastering Corporate Entrepreneurship and Innovation (with Michael J. Lippitz, 2009). Wolcott is an active venture investor in nearly thirty companies, many of which are leading the Proximity revolution. Kaihan Krippendorff founded Outthinker Networks, a global think tank, and a professional speaker. His books include Driving Innovation from Within: A Guide for Internal Entrepreneurs (Columbia, 2019). A former McKinsey consultant, he is a strategic adviser to numerous leading corporations. Book Recommendations Proximity: How Coming Breakthroughs in Just-in-Time Transform Business, Society, and Daily Life by Robert C. Wolcott, Kaihan Krippendorff The Founding of New England by James Truslow Adams Data Rules: Reinventing the Market Economy (Acting with Technology) by Cristina Alaimo, Jannis Kallinikos For the Culture: The Power Behind What We Buy, What We Do, and Who We Want to Be by Marcus Collins Like this? How to Navigate the Future with Margaret Heffernan How the Future Works with Brian Elliott The Forces Reshaping the Workplace with Phil Simon Join Our Community If you want to view our live podcast episodes, hear about new releases, or chat with others who enjoy this podcast join one of our communities below. Join the Facebook Group Join the LinkedIn Group Leave a Review If you liked this conversation, we'd be thrilled if you'd let others know by leaving a review on Apple Podcasts. Here's a quick guide for posting a review. Review on Apple: https://remarkablepodcast.com/itunes Podcast Better! Sign up with Libsyn and get up to 2 months free! Use promo code: RLP
The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics
In this episode of The Brainy Business podcast, host Melina Palmer welcomes Dr. Rob Wolcott and Kaihan Krippendorff, co-authors of the book Proximity. Rob, an adjunct professor of Innovation at both the Booth School of Business and Kellogg School of Management, and Kaihan, the CEO of Outthinker Networks, delve into the concept of proximity and its transformative potential across industries. The discussion begins with the origins of the book, inspired by a tech conference and further catalyzed during a 24-hour summit amid the COVID-19 pandemic. They explore how digital advancements enable value creation closer to the moment of demand, impacting various sectors from healthcare to energy. Rob and Kaihan share insights on the future trajectory of industries as they move toward a more proximate model, highlighting examples such as generative AI, 3D printing, and innovative pharmaceutical production. In this episode: Understand how proximity is reshaping industries by enabling value creation closer to the moment of demand. Explore practical examples including video streaming, on-demand pharmaceuticals, and 3D-printed drones. Learn about the implications of proximity for legacy brands and how they can leverage existing assets while innovating. Discover the potential of proximity in future technologies, including virtual reality and space exploration. Gain insights into the strategic opportunities proximity presents for businesses to become more responsive and efficient. Show Notes: 00:00:00 - Introduction Melina Palmer introduces the topic of proximity and today's guests, Dr. Rob Wolcott and Kaihan Krippendorff. 00:03:45 - Background on Rob Wolcott Rob shares his extensive experience in innovation and entrepreneurship, highlighting his roles at various institutions. 00:06:30 - Background on Kaihan Krippendorff Kaihan discusses his work with Outthinker Networks and his approach to innovation in large enterprises. 00:10:50 - The Concept of Proximity Rob and Kaihan explain the genesis of their book and the significance of proximity in the digital age. 00:18:15 - Examples of Proximity in Action Discussion on how proximity is changing industries such as pharmaceuticals and energy. 00:30:00 - Implications for Legacy Brands Strategies for established companies to adapt and thrive in a proximate world. 00:40:10 - The Future of Proximity The role of proximity in virtual reality and space exploration. 00:42:15 - Conclusion What stuck with you while listening to the episode? What are you going to try? Come share it with Melina on social media -- you'll find her as @thebrainybiz everywhere and as Melina Palmer on LinkedIn. Thanks for listening. Don't forget to subscribe on Apple Podcasts or Android. If you like what you heard, please leave a review on iTunes and share what you liked about the show. I hope you love everything recommended via The Brainy Business! Everything was independently reviewed and selected by me, Melina Palmer. So you know, as an Amazon Associate I earn from qualifying purchases. That means if you decide to shop from the links on this page (via Amazon or others), The Brainy Business may collect a share of sales or other compensation. Let's connect: Melina@TheBrainyBusiness.com The Brainy Business® on Facebook The Brainy Business on Twitter The Brainy Business on Instagram The Brainy Business on LinkedIn Melina on LinkedIn The Brainy Business on Youtube Connect with Rob and Kaihan: Rob's LinkedIn Kaihan's LinkedIn Learn and Support The Brainy Business: Check out and get your copies of Melina's Books. Get the Books Mentioned on (or related to) this Episode: Proximity, by Rob Wolcott and Kaihan Krippendorff What Your Employees Need and Can't Tell You, by Melina Palmer A More Beautiful Question, by Warren Berger Designing for Behavior Change, by Stephen Wendel Engaged, by Amy Bucher Top Recommended Next Episode: The Most Important Step In Applying Behavioral Economics: Understanding the Problem (ep 126) Already Heard That One? Try These: Questions or Answers? (ep 4) Beatrix Daros Interview (ep 424) Framing (ep 296) Warren Berger Interview (ep 200) CloudArmy Interview (ep 183) Other Important Links: Brainy Bites - Melina's LinkedIn Newsletter
Guest: Bill Canady Guest Bio: Bill Canady has over 30 years of experience as a global business executive in a variety of industries and markets focused on industrial and consumer products and services. As a leader, he concentrates on aligning with key stakeholders to set a clear and compelling vision that will rally an organization to drive growth, control cost, and increase profitability. One of the keys to his success is he develops strong leaders and management teams and establishes deep relationships. His experience encompasses global public, private, and sponsor owned companies. Bill is the CEO of both OTC Industrial Technologies and Arrowhead Engineered Products (AEP). OTC is an industrial distribution company located in Columbus, OH, that has $1 billion in sales with 1,900+employees and over 60 sales/distribution offices in 40 states. During his tenure, OTC has grown revenues by more than 43% and earnings over 78%. AEP is a leading supplier of non-discretionary, mission-critical, aftermarket replacement parts for a wide variety of motorized vehicles and equipment headquartered in Blaine, MN, and has $1.5 billion in sales with 3600+ employees and sell in over 50 countries. During his career, Bill has been responsible for leading several organizations through their most important challenges and opportunities, often in complicated regulatory, investor, and media environments. He discovered a passion and knack for the art and science of business. Taking the tools and techniques that he developed for growing multibillion dollar companies, he created the Profitable Growth Operating System (PGOS) and set out to help owners and operators around the world profitably grow their companies. PGOS is a time-tested set of simple tools and process that fosters a common culture creating value for all stakeholders: customers, employees, suppliers, and shareholders. PGOS shows how to increase the productivity of assets, increase profits, and make better decisions at every level of a business. Bill graduated summa cum laude from Elmhurst University with a Bachelor of Science in Business Administration and received his MBA from the University of Chicago, Booth School of Business. He is a veteran of the United States Navy. Guest Links: https://https//billcanady.com Key Points: Importance of Taking Risks: Bill stresses the importance of stepping out of one's comfort zone. He believes that growth requires taking calculated risks and putting yourself out there. Developing Strong Leaders: As a CEO, Bill believes that leaders should set clear goals and let their teams figure out how to achieve them. His approach focuses on empowering leaders to take ownership of their responsibilities, rather than micromanaging them. This builds confidence and leadership skills in team members. A critical aspect of Bill's leadership style is the balance between providing direction (goal-setting) and giving teams autonomy to develop strategies. He compares leadership to being a parent—guiding without doing the work for the team, allowing them to take charge and develop their skills. Profitable Growth Operating System (PGOS): Bill's PGOS focuses on 5 key areas to drive profitable growth: Strategy (how to grow), Segmentation (80/20 analysis to focus on the most profitable opportunities), Talent (recruiting, retaining, and developing the right people), M&A (acquisitions to accelerate growth), and Lean (efficiency). His system is about using the right tools at the right time to grow a business profitably. A frequent mistake for business owners is failing to pivot when their company outgrows the early startup phase. Initially, they may take any job or customer, but as the business grows, they must focus on more strategic growth opportunities to ensure profitability. Recognizing when to transition and evolve the business model is crucial. Continued Business Growth: Business owners may take on more responsibilities that fall outside their expertise and eventually become overwhelmed. Business owners must recognize that they can't do everything themselves. They need to let go of tasks they're not good at and focus on their core competencies. Say no to tasks that aren't profitable or aligned with their core strengths. This allows for a more focused and scalable business model. As the business grows, it reaches a point where the owner must hire people, delegate control, and trust others with responsibilities. This is often a difficult transition, especially for entrepreneurs who are used to doing everything themselves. Focus on Core Competencies: Just as in business development, it's important to focus on what the business does best. Trying to serve everyone or do everything can dilute efforts. Defining an "ideal prospect" is a crucial first step. Case Study: One business owner, John, focused on doing great work with a small team and maintained steady growth. The other owner, while successful, failed to replicate his success at a larger scale. The second owner didn't focus on his core strengths or delegate effectively, which limited his ability to scale beyond his initial success. The successful business owner grew his business by focusing on what he did best—closing deals in a niche market. He scaled by hiring people to handle the rest, allowing him to focus on what he was most skilled at. One business grew substantially by replicating its success, while the other remained stagnant because the owner couldn't figure out how to scale or replicate himself. The key to scaling a business is taking calculated risks—trusting others, delegating, and focusing on what the business does best. Until an entrepreneur is willing to take that risk, they may remain stuck in a cycle of limited growth. About Salesology®: Conversations with Sales Leaders Download your free gift, The Salesology® Vault. The vault is packed full of free gifts from sales leaders, sales experts, marketing gurus and revenue generation experts. Download your free gift, 81 Tools to Grow Your Sales & Your Business Faster, More Easily & More Profitably. Save hours of work tracking down the right prospecting and sales resources and/or digital tools that every business owner and salesperson needs. If you are a business owner or sales manager with an underperforming sales team, let's talk. Click here to schedule a time. Please, subscribe to Salesology®: Conversations with Sales Leaders so that you don't miss a single episode, and while you're at it, won't you take a moment to write a short review and rate our show? It would be greatly appreciated! To learn more about our previous guests, listen to past episodes, and get to know your host, go to https://podcast.gosalesology.com/ and connect on LinkedIn and follow us on Facebook and Twitter and check out our website at http://www.gosalesology. KEY WORDS: Sales, sales management, selling, prospecting, cold calling, business development, Sales Leadership
Friday, December 6, 2024 Hoover Institution | Stanford University The Hoover Institution held a conversation with President and CEO of the Federal Reserve Bank of San Francisco, Mary C. Daly and Hoover Institution Senior Fellow, John H. Cochrane on Emerging Technology and the Economy on Friday, December 6th at 10:00 a.m. in the Shultz Auditorium, George P. Shultz Building. About the Speakers Mary C. Daly is President and CEO of the Federal Reserve Bank of San Francisco, where she contributes to shaping U.S. monetary policy as part of the Federal Open Market Committee (FOMC). A labor and public policy economist, Daly is devoted to research and to ensuring that it is translated into practices that improve the lives of everyone. In addition to her work with the Federal Reserve, Daly has served as a visiting professor at Cornell University and UC Davis, and has been an advisor to the Congressional Budget Office, the Library of Congress, and the Social Security Administration. Daly is known for her ability to communicate and is a frequent speaker in the U.S. and internationally. She also hosts an award-winning podcast, Zip Code Economies. Daly holds a bachelor's degree from the University of Missouri-Kansas City, a master's degree from the University of Illinois Urbana-Champaign, a Ph.D. in economics from Syracuse University, and completed a post-doctoral fellowship at Northwestern University. John H. Cochrane is the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution. He is also a research associate of the National Bureau of Economic Research and an adjunct scholar of the CATO Institute. Before joining Hoover, Cochrane was a Professor of Finance at the University of Chicago's Booth School of Business, and earlier at its Economics Department. He was a junior staff economist on the Council of Economic Advisers (1982–83). His most recent book is The Fiscal Theory of the Price Level. Cochrane frequently contributes editorial opinion essays to the Wall Street Journal. He maintains the Grumpy Economist blog. Cochrane earned a bachelor's degree in physics at MIT and his PhD in economics at the University of California at Berkeley.
Professor Amar Bhidé of Columbia University discusses his new book “Uncertainty and Enterprise”, published by Oxford University Press. It emphasizes the limitations of standard economic models that rely on probability distributions. He argues that entrepreneurship involves dealing with unique, non-quantifiable uncertainties, which require imagination and narrative skills. Bhide critiques the over-reliance on incentives and statistical analysis, advocating for a more imaginative and contextual approach. He highlights the importance of routines and the need for accountability in expert decision-making, particularly in areas like public health and monetary policy. Bhide also discusses the role of narratives in business success and the challenges posed by tech monopolies.If you have any questions, comments, or suggestions for Gene, please email him at contact@economicsexplored.com.About this episode's guest Professor Amar BhidéProfessor of Health Policy and Management at Columbia University Irving Medical CenterBhidé has researched and taught about innovation, entrepreneurship, and finance for over three decades. He now focuses on teaching, developing, and disseminating case histories of transformational technological advances.A member of the Council on Foreign Relations, a founding member of the Center on Capitalism and Society at Columbia – and a founding editor of Capitalism and Society, Bhide is the author of the forthcoming book Uncertainty, Judgment, and Enterprise (Oxford). His earlier books include A Call for Judgment: Sensible Finance for a Dynamic Economy (Oxford, 2010), The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World (Princeton, 2008), The Origin and Evolution of New Businesses (Oxford, 2000) and Of Politics and Economic Reality (Basic Books, 1984). Starting in the early 1980s, he has written numerous articles for the Harvard Business Review, the Wall Street Journal, the New York Times, and The Financial Times. He has periodically appeared on Bloomberg TV and CNBC.Bhidé was previously the Lawrence Glaubinger Professor of Business at Columbia University and the Thomas Schmidheiny Professor of Business at Tufts University. He has also taught at Harvard Business School (as an Assistant, Associate, and Visiting Professor)and at the University of Chicago's Booth School of Business.His professional experience includes directorship of a FTSE 100 company. In the 1980s, Bhidé was a Senior Engagement Manager at McKinsey & Company, a Proprietary Trader at E.F. Hutton, and served on the Brady Commission staff, investigating the 1987 stock market crash.Bhidé earned a DBA and MBA from Harvard Business School with High Distinction and a B. Tech from the Indian Institute of Technology (Bombay).LinkedIn: https://www.linkedin.com/in/amar-bhide-8202ba10/Timestamps for EP264Uncertainty in Economic Theory and Practice (0:00)The Role of Imagination in Economic Decision-Making (6:44)Narrative and Storytelling in Entrepreneurship (15:01)The Impact of Narratives on Markets and Investment (25:29)Challenges of Regulating Tech Monopolies (32:34)Accountability and Expertise in Governance (41:04)Building Narrative Skills for Entrepreneurs (48:31)Final Thoughts (52:14)TakeawaysThe Distinction Between Risk and Uncertainty: Frank Knight's distinction highlights that risk is quantifiable, but uncertainty involves unknowns, requiring judgment and imagination.The Importance of Narrative in Business: Entrepreneurs use storytelling to make ventures plausible to investors and stakeholders, even when data is incomplete or speculative.Imagination is Key to Profit: Success in entrepreneurship often depends on the ability to imagine scenarios, adapt to setbacks, and create compelling business models.Challenges of Accountability in Modern Institutions: Bhide critiques the lack of accountability among experts in fields like public health and monetary policy, advocating for more robust governance structures.The Role of Plausibility in Decision-Making: Investors and entrepreneurs alike rely on plausible, if not always precise, projections to guide business choices.Links relevant to the conversationAmar's new book Uncertainty and Enterprise:https://www.amazon.com.au/Uncertainty-Enterprise-Venturing-Beyond-Known/dp/0197688357/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr=Corralling the Info-Monopolists (Project Syndicate Op-ed):https://sites.tufts.edu/amarbhide/2018/05/14/corralling-the-info-monopolists-project-syndicate-op-ed/Lumo Coffee promotion10% of Lumo Coffee's Seriously Healthy Organic Coffee.Website: https://www.lumocoffee.com/10EXPLOREDPromo code: 10EXPLORED Full transcripts are available a few days after the episode is first published at www.economicsexplored.com.
Today, I'm joined by Elena Grotto and Felicia Joy. We're discussing How to Build an Unstoppable Workplace Culture. Elena is an adjunct professor of strategy at the University of Chicago's Booth School of Business, where she co-teaches culture as a competitive business advantage. Additionally, she is the executive vice president and group head of Edelman's business transformation team, working in lockstep with senior decision-makers to stabilize the workforce during periods of significant change. Felicia also co-teaches culture as a competitive business advantage at the Booth School of Business. Additionally, she is the executive vice president of business transformation in Edelman's corporate advisory practice and the Head of Behavioral Science. She has more than 15 years of experience in qualitative and quantitative research, behavior change strategy, transformation communications, crisis and reputation management, and brand development. Elena and Felicia are co-authors of the new book I Don't Just Work Here: The New Purpose of Workplace Culture, where they help business leaders face the new realities of business culture. I'm excited to have them on the show to learn How to Build an Unstoppable Workplace Culture. Show resources: I Don't Just Work Here book joygrotto.com edelman.com Sponsors: Farrow Skin Care Salty Sailor Coffee Company Leader Connect The Qualified Leadership Series ____ Get all of Jon Rennie's bestselling leadership books for 15% off the regular price today! HERE Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, Jessica talks with Stephen Kohler, leadership coach & singer-songwriter. Stephen is the Founder & CEO of Audira, where he brings a passion for people along with 25 years of extensive business experience within organizations ranging from startups to Fortune 100 companies. At age 15, Stephen discovered the electric guitar, piano, and vocals, which ignited a lifelong passion for rock and pop music. In 2022, he released his debut album, Daydream. He earned an MBA from University of Chicago's Booth School of Business, a BA in Philosophy from Northwestern, and is a certified Professional Coach. His passions include spending time with his wife, two children and two dogs. Find out more about Audira at audiralabs.com, and hear more of Stephen's music at stephenkohlermusic.com. ~ Are you a high achiever, a leader, or an Ampersand who's recently taken on more responsibility at work? From steering relationships at the C-level to piloting conversations with teams and peers, increasing visibility and opportunities in your field, integrating your creative endeavors, or connecting the dots in your personal life — as a parent, child, and partner — Jessica can help you traverse the unknown challenges and situations that arise as a leader. BOOK AN INTRO CALL: https://calendly.com/jessicawancoaching/intro-call-coaching Follow Jessica on LinkedIn Credits Produced and Hosted by Jessica Wan Co-produced, edited, and sound design by Carlos Schmitt Theme music by Denys Kyshchuk and Stockaudios from Pixabay
As the United States elections draw near, everyone is wondering who will take control of Washington next. In this week's Capitalisn't episode, Pulitzer Prize-winning reporter Brody Mullins reveals how the real winner will be neither Democrats nor Republicans. Rather, it will be the lobbyists.Mullins is the co-author (along with his brother Luke, also an investigative reporter) of The Wolves of K Street: The Secret History of How Big Money Took Over Big Government. Brody joins Bethany and Luigi to discuss how corporations ranging from Genentech to Google participate in the invisible but massively influential lobbying industry to bend government policy toward their favor. Together, the three trace the roots and evolution of political lobbying from the 1970s to now and explore how it penetrates and leverages other spheres of society to abet its operations. How are academia and the media complicit in this ecosystem of influence operations? How has lobbying adapted to the changing attitudes of Americans towards Big Business? How might it change under either a Harris or Trump administration and beyond?Episode Notes: Luigi mentions the transformational work of one figure in American politics who fought back against lobbyists' substantial influence: consumer advocate Ralph Nader. Revisit our prior conversation and episode with Mr. Nader.
When the Soo Line threatened to expand into the Great Northern Railway's territory in 1905, the two companies entered a fierce competition for marketshare in which the they rapidly constructed nearly 500 miles of rail tracks and over 50 new towns. In this episode of The Pie, Chad Syverson, the George C. Tiao Distinguished Service Professor of Economics at the Booth School of Business, explores this unique historical episode, shedding light on how acts of strategic competition, past and present, can affect our social welfare.
IN EPISODE 198: To find and keep our motivation, we need wisdom, not just willpower. In Episode 198, Ayelet Fishbach explores the mind game of motivation. We talk all things motivation: Whether it's better to set easy or ambitious targets, why it makes sense to "count down" to a goal, how rewards affect learning and performance, how to stay motivated after getting negative feedback, and how to control our temptations. ABOUT AYELET FISHBACH: Ayelet Fishbach is a Professor of Behavioral Science and Marketing at the University of Chicago, Booth School of Business. Her work examines social psychology, management, and consumer behavior and has been regularly featured in the media in outlets like the New York Times, Financial Times, WSJ, CNN, and NPR. Ayelet's latest book is Get It Done: Surprising Lessons from the Science of Motivation.
The Tax Cuts and Jobs Act of 2017, a landmark piece of tax legislation from the first year of the Trump administration, overhauled the tax code for both individuals and businesses. In this episode of The Pie, Eric Zwick, Professor of Economics and Finance at the UChicago's Booth School of Business, discusses how the overhaul affected the economy, including investment, tax revenue, and wages.
Second City Works presents "Getting to Yes, And" on WGN Plus
Kelly sits down with Robert Wolcott, adjunct professor of innovation at the Booth School of Business and adjunct professor of executive education at the Kellogg School of Management and Kaihan Krippendorff CEO of Outthinker Networks to talk about their new book: “Proximity: How Coming Breakthroughs in Just-in-Time Transform Business, Society and Daily Life.” “People want […]
Natalie A. Brown is Chief Executive Officer of Mesirow and a member of the firm's Board of Directors. As CEO, Natalie oversees firm-wide growth and profitability, the execution of strategic initiatives, and shareholder value creation, partnering with the firm's Executive Chairman and Board of Directors to establish and implement all facets of corporate strategy. Natalie joined Mesirow in 2018 as Chief Financial Officer. In this role, she led the Accounting and Finance team, overseeing accounting operations, business accounting, audit and tax, as well as financial planning and analysis. In 2020, Natalie assumed the role of Chief Administrative Officer and, in 2021, she was named President. Prior to Mesirow, Natalie spent nearly two decades with Nuveen, most recently as Managing Director, Head of Nuveen Advisory Services Finance. During her time at Nuveen, she was instrumental in several financial and accounting capacities, including Head of Financial Planning and Analysis and Head of Investor Relations and Managing Director, Finance and Accounting. Prior to Nuveen, she worked at Kraft Foods and KPMG in accounting and finance roles. Natalie is a member of the Economic Club of Chicago and sits on the Board of After School Matters, Big Shoulders Fund and the Executives' Club of Chicago. Natalie is a LINK Unlimited Scholars Mentor and was appointed to the Dean's Council of the Indiana University's Kelley School of Business. She earned a Bachelor of Science in accounting from Indiana University's Kelley School of Business and a Master of Business Administration from University of Chicago's Booth School of Business. Thank you for listening to "Can You Hear Me?". If you enjoyed our show, please consider subscribing and leaving a review on your favorite podcast platform.Stay connected with us:Follow us on LinkedIn!Follow our co-host Eileen Rochford on Linkedin!Follow our co-host Rob Johnson on Linkedin!
The United States is in the midst of a student loan crisis, with over 45 million borrowers owing more than $1.6 trillion in federal dollars. On this episode of The Pie, Constantine Yannelis, Associate Professor of Finance at the Booth School of Business, argues that federal policy is to blame: Decades of regulation and de-regulation have given way to skyrocketing rates of risky borrowing.
The Capitalism and Freedom in the Twenty-First Century Podcast
Jon Hartley and John Cochrane introduce the Capitalism and Freedom in the 21st Century podcast to the Hoover audience. They speak on a number of topics including the usefulness of existing macroeconomic models, the use of economic models at central banks, the state of macroeconomics, the fiscal theory of the price level, and how technology, institutions, and policy play a role in fostering economic growth. ABOUT THE SPEAKERS: John H. Cochrane is the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution. He is also a research associate of the National Bureau of Economic Research and an adjunct scholar of the CATO Institute. Before joining Hoover, Cochrane was a Professor of Finance at the University of Chicago's Booth School of Business, and earlier at its Economics Department. Cochrane earned a bachelor's degree in physics at MIT and his PhD in economics at the University of California at Berkeley. He was a junior staff economist on the Council of Economic Advisers (1982–83). Cochrane's recent publications include the book The Fiscal Theory of the Price Level (Princeton University Press, 2023). He also refularly writes articles on inflation, dynamics in stock and bond markets, the volatility of exchange rates, the term structure of interest rates, the returns to venture capital, liquidity premiums in stock prices, the relation between stock prices and business cycles, and option pricing when investors can't perfectly hedge. His monetary economics publications include articles on the relationship between deficits and inflation, the effects of monetary policy, and the fiscal theory of the price level. He has also written articles on macroeconomics, health insurance, time-series econometrics, financial regulation, and other topics. He was a coauthor of The Squam Lake Report. His Asset Pricing PhD class is available online via Coursera. Cochrane frequently contributes editorial opinion essays to the Wall Street Journal, Bloomberg.com, and other publications. He maintains the Grumpy Economist blog and is a regular host of Hoover's flagship broadcast, GoodFellows. Jon Hartley is a Research Associate at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently a Research Fellow at the Foundation for Research on Equal Opportunity (FREOPP) and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada. Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. RELATED RESOURCES: The Fiscal Theory of the Price Level Reforming the Euro: Lessons From Four Crises ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.
In this episode, Jeremy talks with enrollment leader, Dr. Jay Jacobs. Their chat focuses on multiple aspects of professional development and management. Timestamps:04:29 - How Jay figured out that he wanted to be a Higher Ed leader 08:43 - What does professional development mean and whose responsibility is it13:12 - A big reason why a lot of leaders don't invest enough in their team17:46 - Handling feelings of isolation 20:35 - Why and how he created the Emerging Leaders Academy 27:58 - Three ways to create stronger relationships with campus partners Guest Name: Dr. Jay Jacobs, Vice Provost for Enrollment Management, University of Vermont Guest LinkedIn URL: https://www.linkedin.com/in/jaymjacobs/Guest Bio: Dr. Jay Jacobs assumed the role of Vice Provost for Enrollment Management at the University of Vermont in January 2021. Jay is a strategic, data-driven, collaborative leader with a passion for access initiatives and student success. Before joining UVM, Jay most recently served as the Director of Enrollment Management and Admission Operations for the University of Miami in Coral Gables, Florida. He has also worked in enrollment management at The College of New Jersey, Colgate University, and the University of Chicago's Booth School of Business. - - - -Connect With Our Host:Jeremy Tiershttps://www.linkedin.com/in/jeremytiers/https://twitter.com/CoachTiersAbout The Enrollify Podcast Network:Mission Admissions is a part of the Enrollify Podcast Network. If you like this podcast, chances are you'll like other Enrollify shows too! Some of our favorites include Generation AI and The Application with Allison Turcio.Enrollify is made possible by Element451 — the next-generation AI student engagement platform helping institutions create meaningful and personalized interactions with students. Learn more at element451.com.
How can we incentivize the private and public sectors to develop and deploy solutions to climate change, while accounting for uncertainties? This episode of The Pie covers a panel discussion among professors David Keith of the Department of the Geophysical Sciences at UChicago, Franklin Allen of Imperial College in London, and José Scheinkman of Columbia. Lars Peter Hansen, The David Rockefeller Distinguished Service Professor in Economics, Statistics in the Kenneth C. Griffin Department of Economics and the Booth School of Business and winner of the 2013 Nobel Prize in Economics, moderates.
Elatia Abate is an entrepreneur with a mission to revolutionize leadership to empower humanity in the Age of AI. Named a Forbes leading female futurist, she is a globally recognized expert on the futures of work and strategy and currently serves as Futurist in Residence for Paylocity. Her Future-Led Leadership™️ learning and development content has been utilized in organizations including Verizon, UniGroup RMI – Rocky Mountain Institute, Grupo Globo, CME Group, Arcus Power, GMAC (Graduate Management Admissions Council), and The College of William and Mary Raymond A. Mason School of Business. Elatia is a sought-after keynote speaker on the topics of the future of work, leadership and resilience, sharing her message for audiences of tens and auditoriums of thousands for including, Citi, NY Life, VRBO, Deloitte, Honeywell, Belcorp, and SHRM, among many others. She has a TEDx talk titled, “Pioneering the Future of Work.” In a former life she served as Global Director, Talent Acquisition with Anheuser-Busch InBev and Vice President of Human Resources at Dow Jones & Company. Abate is the author of the career design book, Build a Career You Love. She has been featured in Fast Company, Esquire, Chief, Forbes, Exame, and La Voz, as well as in work with Trevor Noah and Tony Robbins. She was the only woman to contribute to the Tony Robbins 2020 Business Resiliency Expert series. She is an instructor for LinkedIn Learning, in the Continuing Studies Department of Stanford University, and the Executive Education Department of The University of Chicago's Booth School of Business. She received her BA and MBA from the University of Chicago. Summary In this episode, Elatia Abate, a globally recognized expert on the futures of work and strategy, discusses the role of a futurist and the future of work. She emphasizes the importance of understanding and embracing AI as a general purpose technology that will transform jobs, the business landscape, and societal structures. Abate also highlights the need for a shift in leadership to pilot the emergence of this new world, moving beyond the traditional assembly line logic and embracing a more heart-centered and purpose-driven approach. She shares tips on building a career you love, emphasizing the importance of a future-led strategy and aligning with your values. Abate's legacy is to inspire and empower others to evolve and be better versions of themselves. Contact info: linkedin.com/in/elatiaabate elatiaabate.com bit.ly/BuildACareerYouLove Keywords futurist, future of work, AI, leadership, career, purpose, alignment, heart-centered, values Takeaways A futurist helps people think strategically about the future and create solutions to build a better future. AI is a general purpose technology that will radically transform jobs, the business landscape, and societal structures. Leadership needs to evolve to pilot the emergence of the new world, moving beyond the traditional assembly line logic and embracing a heart-centered and purpose-driven approach. Building a career you love requires a shift from a past anchored strategy to a future-led strategy, aligning with your values and creating a fulfilling and purpose-driven path. __________________________________________________ Lyndsay Dowd is a Speaker, Founder, Author, Coach, Podcast Host, and Disruptor. She was recognized as a Top 10 Business Coach by Apple News and was the recipient of the 2023 Award for Innovation and Excellence, also named Business Coach of the Year. Lyndsay was also a Featured Guest Lecturer at Harvard University. She is an accomplished leader, decorated seller and has successfully managed large, diverse, high-performing sales teams over the last 25 years. 23 of those years were spent climbing the ranks at IBM. In creating her company, Heartbeat for Hire, she has devoted her career to transforming leadership through building irresistible culture and modern leadership practices to get the best results from their teams. She is a thriving coach focused on sales, leadership, career, and culture. She has been featured in Fortune Magazine, HR.Com, Authority Magazine, Business Management Daily, Valiant CEO and many other publications. Lyndsay is the author of "Top Down Culture- Revolutionizing Leadership to Drive Results." She also hosts the top 5% globally ranked podcast, Heartbeat for Hire, and is a frequent guest speaker on live and recorded shows. Connect with me on LinkedIn! https://www.linkedin.com/in/lyndsaydowdh4h/ Follow me on Instagram! https://www.instagram.com/lyndsaydowdh4h/ Follow my Facebook page! https://www.facebook.com/LyndsayDowdH4H --- Support this podcast: https://podcasters.spotify.com/pod/show/lyndsay-dowd/support
On this episode of The Founder's Sandbox, Brenda McCabe speaks with Sue Tinnish- an executive coach working with CEO's and Presidents of middle-market companies. They discuss "unleashing creativity for business excellence" , ranging from Sue's experience while in hospitality to make events interactive and engaging, to using playfulness with very complex issues in analogies and stories to lead good alignment of the organization. Sue is a seasoned professional who has worked in a variety of settings. She has a diverse background in business with specific skills in leadership, formulating strategy, managing change, building teams, and delivering on strategic and tactical projects. She is currently an executive coach working with CEOs and Presidents of middle-market companies. She supports executives as they deal with their own leadership issues (delegation, time management, prioritization, decision making & mindset) as well as supporting their organization's growth addressing issues like talent optimization, sales, finance and risk. Sue earned her PhD from Benedictine University in Lisle, Illinois. She holds an M.B.A. with a concentration in finance and marketing from University of Chicago's Booth School and a B.S. in communication studies from Northwestern University. And she likes to have fun! You can find out more about Sue Tinnish at: Linked IN https://www.linkedin.com/in/suetinnish/ or Contact her at: Sue.tinnish@vistagechair.com Resources: Why playfulness matters in Startup to Scale up. https://www.humorseriously.com/ Transcript 00:04 Welcome back to the Founder's Sandbox. I am Brenda McCabe, your host. This monthly podcast is now in its second season and it reaches entrepreneurs and business owners who learn about building resilient, scalable, and sustainable. 00:32 and sustainable businesses, all with great corporate governance. I wanna assist entrepreneurs and business owners in building these scalable, well-governed and resilient businesses. And I bring guests to the podcast that are themselves, founders, business owners, corporate board directors, investors and professional service providers, like Sue Tinnish, who's with us today. We all share a common... 01:01 interest in this using the power of the private enterprise, be that small, medium, and large, to create change for a better world. Through storytelling with each of my guests on topics that are gonna include their own experience with resilience, purpose-driven enterprises, and sustainable growth, my goal with the Founder Sandbox is to provide a fun sandbox environment where we can equip one startup founder at a time to build a better world through great corporate governance. 01:30 So today my guest again is Sue Tinnish. Thank you so much for joining me here, Sue. So happy to join you, Brenda, in this context. Excellent. Sue's joined in the podcast today in her capacity as a Vistage leader. For those who are actually seeing the video, I love your back screen, leading a life of a climb with Vistage. 01:57 She also has, as a member of Vistage, shares oftentimes in LinkedIn a newsletter called Making a Difference. I encourage everyone to follow Sue in LinkedIn because the messages that come across in this newsletter do resonate with business owners on making a difference. Today, we chose a topic, again, I'm all about resilience, sustainability, and purpose-driven 02:26 businesses. And when speaking with Sue on and off, we both share University of Chicago Graduate School of Business, Abu School is our background, right? That's we didn't meet there. But we did meet the alumni network is really quite active. And we discovered that we both use innovation and creativity with the work we do with our with our clients and 02:54 As I learned more of Sue's background, which I'll get to in a minute, I was just fascinated on specific tools, techniques, writing that she's used over the last 20 years at least. I'm gonna give you a brief introduction to Sue. She has a diverse background in business with specific skills in leadership, formulating strategy. 03:22 managing change, building teams and delivering a strategic and tactical projects. She is currently executive coach, working with CEOs and presidents of middle market companies. Prior to this activity, she's had experiences in academia, corporate banking, consulting and being an entrepreneur herself. So you check a lot of boxes, Sue. I thank you. I thank you again. 03:51 Also, the other aspect that we want to explore today is kind of you're a co-chair of the Chicago based Vistage Chief Executive Group and it's co-led by a male and a female. And I believe it's one of the unique or only chapters that is co-led and you're bringing in the diversity to the actual classroom itself. So I'd love to learn a little bit more later. All right. 04:19 So Sue and I have been in contact through our affiliation to the Chicago Women's Alliance. And I'm absolutely delighted that Sue's gonna tell us a little bit about some of the tools and techniques she explores as leader of Vistage. So can you share what has been a common denominator through your professional journey that has released or discovered, which you've discovered creativity? 04:49 Such an interesting question. So I guess I would say that as a leader, I've always had a real strong focus on people and teams. And so I really have encompassed playfulness, humor, and really creativity to help foster organizational growth. But it's really through people that that has happened. So that's been a very common denominator. And 05:18 I grew up in an era where what I was taught and learned about management was a little more like straight-laced and forward. And just my own personal growth, I really discovered, you know, through the process of learning and growing, I've discovered that that's not necessarily the way that you have to be. And I also think that, you know, interestingly, being a female, we bring different skill sets to the environment. 05:47 being more authentic has been meant that I've relied both on my own sense of humor, curiosity and playfulness to be effective. And you bring that into those monthly meetings with CEOs, I'm certain. Yes. You know, you, one of the articles that will later be in the show notes, is you brought in or explored kind of the entertainment. 06:16 element as a platform that unleashes creativity when you were working in the hospitality sector. Can you walk us through that specific kind of experience? It was, again, when you helped me prepare this, I was reading with awe. I was like, wow, I hadn't ever, you know, it goes back quite a while to 06:39 Yes. So when I worked in hospitality, I specifically worked in sort of the meetings and events and conference space. Okay. And my focus was really on how to create more innovative learning environments in that space. So it wasn't really focused on the logistics or the hotel arrangements or even the food and beverage. And really, earlier in my career, I spent a lot of time focusing on training and 07:09 And so I really thought a lot about how can you make these events, meetings, really more interactive and engaging in a way that's also going to create more knowledge, that's going to make what's happening in those meetings really stick. And so entertainment was one of those fields that I explored to talk about why entertainment can both be entertaining, but also. 07:38 or valuable in helping messaging stick. So like one example would be, think about like the topic of sexual harassment in Illinois, in many places most organizations. It's a requirement. It's a requirement, exactly. So no one's gonna raise their hand and say, oh yes, in a public environment, I've been sexually harassed or I'm a harasser. But when you use actors or entertainment or some kind of role playing, 08:08 a delicate subject out there in a way that people can maybe see themselves or see themselves in that situation and allow themselves to really go internally, aha, I understand now what has happened because of what I've seen on the stage. So I think entertainment can be used in a more strategic way beyond just being entertaining. 08:33 That is fascinating. And thank you for specifically providing an example. I'm just actually visually imagining a setup whereby a hairy topic is addressed in kind of an entertaining way with actors. Amazing. And I liked what you said about it allows maybe some of the learning that is happening within the meeting to stick. 09:01 because one is more relaxed, laughing, right? I actually had written a blog about two years ago on why playfulness matters in startup to scale up. And I discovered kind of five fundamental elements that I have seen or I've observed, I've introduced to my clients, there's no rules, right? 09:27 to generate more ideas, have a problem statement, allow people from all different levels of the organization compete in generating those ideas. But more importantly, when you were talking about the sexual harassment or using entertainment with professional actors, one founder I worked with actually brought in a surprise question at the end of the all hands on deck meeting. 09:56 And then there was a prize. So it really got people to pay attention to what the monthly message was about as the corporation grew. So I'm very happy to know that I'm doing something right and you're basing it on many years of experience in Vistage as well as the entertainment, the hospitality industry. So thank you. I'd like you to, I pride myself on lots of 10:26 really practical nuts and bolts in this podcast that listeners can take away and bring into their own companies. And so you provided some insight on Harry Gardner's similar work on people's concept of multiple intelligences. And there's seven ways people are intelligent. And then you bring that in actually to some of the tools and techniques you use in your session. So can you provide that background on? 10:54 Yeah, sure. What about intelligence? So, you know, Rhonda, you and I, we think we're fairly intelligent. We went to a fabulous business school. And yet, if we were in, you know, the outback of Australia trying to survive, we would not be as smart or as intelligent as an Aboriginal woman. And so there are different ways that we think. And obviously there's been a huge interest in EQ, you know, emotional intelligence, 11:24 IQ, but really, when you start to think about the skills that a surgeon might have, or an architect, they have kinesthetic skills that maybe other people don't. And so kinesthetic is another form of intelligence. Naturalism. There are people that have natural affinity to mathematics. And so you can think about your group, and some groups are more 11:53 homogenous, like an industry group, like an association. So you can think about what kind of natural intelligence that group might have, and then you can target some of the learning and the sessions in a way that's gonna harness the way that those people think. And it may not be humor or playfulness, but you're really leaning into their strengths. And I think that's so important in this topic of adult learning. That is fascinating. Again, I am... 12:24 the seven, you know, one was musical. Again, back to some of the writing I did, and I just saw it reinforced when listening to you is, you know, Mozart was a learner, but he would, he would have to write the music, but then he would never, but to keep it in his memory, and then he would never use it again. But it's really fascinating how I imagine in your Vistage meetings, you have a 12:54 cohort of, I don't know, 10 or 12. You create a safe space where CEOs are sharing current business challenges. Ultimately, they leave the monthly meetings though, and are gonna communicate decisions made to the companies that they lead, right? Yes. How do you share with them how to bring in humor if it's required, right? For the leaders communication, what have you seen to be more effective? 13:24 in some cases. Well, first of all, I'd say that, humor does not mean that you're a standup comedian. Really, when I think about humor, I think about it as more as like levity. And so my first tip always is not to be caustic or sarcastic, cause that's not gonna fly. But leaders can bring in this levity to their communication. I say in several ways. One would be just being able to laugh at yourself. Okay. 13:53 much more approachable, it helps build rapport and trust, and it makes you more authentic and human. So that's the first way, just being able to laugh at yourself. The second way is I think you can use a joke, a little levity to just capture people's attention. You know, we've all been in meetings, blah, blah, blah. Yes. Non-drona. So humor's an opportunity to catch people's attention and really get them to sit up. 14:21 Kind of like the example you were saying before about the leader that had something at the price. I also think maybe it's not exactly humor, but certainly playfulness. It allows you to take complex ideas and make them more simple. Not saying that you're trying to dumb down the conversation, but the kind of strategic issues that leaders are facing these days can be difficult to communicate. And so a little bit of humor or playfulness 14:51 really allows people to make things understandable. Like specifically, I would think about metaphors or analogies, those are great ways, or good stories can help communicate these more complex ideas to people so that people can remember them, and then you have good alignment in the organization. So those are just three tips. Right, and what about storytelling? You just... 15:19 touched it at the end of your comments there, but I've observed primarily because of the working from home and having distributed teams. And there are more and more CEOs that are stepping up and actually using storytelling to become, or appear more authentic. Are you observing that? And can you talk about storytelling and authenticity, please? 15:49 Yes, happy to do so. So storytelling can be personal. I think those are great stories to tell. And so in doing that, you bring your whole self, that whole authentic self to the table. Okay. I just made a post yesterday on LinkedIn where I was talking about my goal around losing weight. And I was like, walking around thinking I had been more successful than I had because I didn't really, I didn't really 16:19 I didn't write my goal down. I didn't write my stating weight down. And then all of a sudden I had the realization, I'm like, oh my gosh, I really actually went up by two pounds, not down by more. And so people commented on how refreshing it was. So those kinds of stories can, and then really to drive the point home, the post was really about goal setting and also how you can do a reset. 16:47 change your mindset to make sure that you do achieve your goals. Because we still have half of the year left. So I could do this. The importance of, of, you know, self belief. And so it was a story that poked a little bit of fun at myself, but really add a message. And so many people responded to that post just by talking about, oh, my gosh, it was refreshing, so honest, so authentic, they use those kinds of words. And so I think those 17:15 That's an example of how you can use a story to resonate with the population. Because again, almost like we were talking about entertainment, people grab onto stories. That's why we go to films. That's why we read books is because for that storyline, that plot. And so finding the hero and how you can get to employees that you could be the hero or you are my hero or you are part of the hero team. 17:44 in the story can, I think can be quite effective. Wow. What about the, the leading from creativity and the use of humor to actually promote creativity? Have you seen that? Do you use those techniques in your Vistage groups or elsewhere? 18:13 So, you know, one thing is humor, right? To enhance maybe leaders communication and the other is actually creativity to generate new business ideas or to think about a problem statement. What have you seen in your work? So. Yeah, I think there's great opportunity to be playful and to unleash creativity. And I know that this is something that you and I both believe strongly in. So I think there's, you know, there's a lot of things you can do. 18:42 Metaphors, I kind of alluded to this before. When you say one thing is like another, and so you can say, you know, I feel like our organization is like a twisted pretzel right now, and why is that true? Like, how is our organization like a twisted pretzel? And so that just encourages people to think more broadly about the concept. So I think metaphors are a good way. Even choosing a random word, 19:12 picking up a book, pointing at a word like, what does bananas have to do with the strategic issue that we're facing right now? And it just causes people to be like, oh, I gotta think about this differently. And it kind of breaks the ice. Yeah, exactly. Yes, and so it just gets people to say, I don't have to think about this in the same exact way. I'm also a big fan of field trips. And so one of my efforts when I was 19:40 uh, leading a training and development effort for an association was that we, um, took field trips around Chicago. Actually related in the hospitality industry. We went to various places unrelated to hospitality and we just said, what can you learn by just going on site to a chocolate place, Garrett's popcorn, a museum, what can you learn about the way that the. 20:09 those organizations greet people, the entering experience, the engaging experience, the exiting experience. What can you learn from that that would cause you to rethink how you do it in your own organization? So I think by taking field trips like when we were kids, I think that's another other way to foster creativity. I like mind mapping. I think that's a real 20:33 good way causing people to start to write things down visually or even using props or toys to try and encompass a concept. I think those can be very effective. I love, you know, I love the improv technique of yes and, which of course is useful in brainstorming, but also useful in saying we have a product design, and it's good. 21:01 And yes, and what can we add on or what else do we need to do? So I think those are some techniques that I think promote playfulness, but also cause us to open our minds to being more creative. These are very actionable. Have they been, is it necessary to, in your experience, have these in person? Can you do this virtually? And how do you get CEOs to allocate time on their busy schedule? 21:32 Well, it's, who doesn't, I mean, what CEO doesn't want innovation and creativity in their organism? So having said that, the question is, how do you really foster it? And you don't just say, okay, let's sit down and we're going to be creative, because that's not gonna work. We all have our own cognitive biases. We have our frameworks, our assumptions, our biases for how we think. 21:58 What you wanna do is break through some of those. And in order to do that, I think you really need to think intentionally about how to do it. And to me, some of the techniques I described are not wasting time at all, but rather an intentional way to allow people to be more creative. Excellent. And so. 22:24 Can you speak to it's actually not in the script, but what is a typical Vistage meeting and cohort look like in your world in Chicago? You co-lead with a male. You have two groups that you're leading now. So what is the typical format, duration, size of group? What are the things that you're finding? Are they Illinois based companies? Do you have any? 22:51 people participate virtually. This is your opportunity to share your craft as a leader of Vistage. Okay. Well, I guess I'll first talk about the group and then I can talk a little bit about what happens in the group. So the peer group is part of the Vistage experience. There's other things, research, virtual events, the one-on-one time with me as an executive coach. But in the group, typically 10 to 18, 15, 16 members 23:21 and everyone represents a different industry. They all own their own lanes. So no competitors, no vendors, customers in the room so that you can really have an open kimono and be vulnerable and being willing to say something out loud. So the kind of people I look for are clearly, you know, very successful already in their own right, but really humble enough to say, hey, what got me here may not be what... 23:50 I need the skills and the mindset and the way I need to lead in the future. We've been through a life-changing event in terms of the pandemic, and it's had a lot of repercussions. And so how do leaders function in a new environment? And so the way you may have done it in the past may not necessarily be the way that you need to do it in the future. So you wanna be, I want people who are already successful, they... 24:17 but they're still hungry. They're hungry for personal growth. They wanna grow their teams and they also wanna see revenue growth in their organizations. And then sort of putting on my University of Chicago hat. So that's sort of the psychographic. But I also think about my group as a portfolio. What I mean is I want certain voices in the room. So like right now I would love to have a person in the staffing or executive search. 24:47 industry because talent's such an issue. So I want to have that voice in the room. So my people, I look as almost like a portfolio. I also look to make sure that I have industry sectors that are either leading or lagging indicators in the economy because those leaders are going to see things first and they can bring that to the group and say, hey, here's what's already happening in 25:16 And so what's happening in my industry is gonna happen to you probably later. And so this portfolio approach, I think, enriches the group and allows everyone to really benefit from the diversity that is inherent in every Vistage group. Fantastic. What about, do you have mixed gender groups? I'm just wondering. Oh, absolutely. 25:46 Not it's people come and go in groups. It serves them well and then they need to move on. Right now I would definitely, I'm definitely looking to add some more female voices to the group. All right, well you heard it here on the founders. Exam clocks. Yes. Thank you. I'm you. 26:10 For this podcast, you provided a lot of articles that you've written over the years. That's a gift. You're a prolific and a polished writer. How do you find the time, Sue? And two, do you believe the ability to write is a skill that leaders must master? Such an interesting question. 26:40 leading does require strong communication skills. And obviously, I think there's many kinds of writing. Yeah, there's academic writing, which I've done published in journals, not necessarily very persuasive, not always persuasive writing. And then there's, you know, writing to to communicate. And so I think that 27:05 I guess I would say, you know, you can be a skilled writer, like a speechwriter, but that doesn't necessarily mean that you're going to be a skillful communicator. And I think leaders need a little bit of both. I mean, it's the kind of businesses and leaders that we work with are typically not hiring speechwriters. And so I do think it's an important skill to have if you're a small or medium sized business owner. 27:36 CEO of a huge, you know, fortune 500 company, of course, you can have speech writers write your thing, right, right stuff. And that's a that's a specific skill. So I would say, for our audience, what good or bad, you have to be skilled at writing, but also communicating those words to people. And writing in a way that is going to be persuasive and communicative. And perhaps playful. 28:04 right using humor, which is the topic of today's podcast. You know, when we I was preparing this, you know, I've been pursuing you for quite a while now. Thank you for joining. I did come across in other forums, a book that is accompanied by an assessment test called it's called humor series business. And to 28:31 professors at Stanford's Graduate School of Business have developed a course online to actually discover your type, right? And humorseriously.com. Have you had any experience with this? I thought it took off actually right in the pandemic. And just curious, because we are on the topic of humor and creativity. So, 28:58 what do I love? I love growing and learning and being a life-long learner. And so honestly, Brenda, I had never seen their work or heard about it. So I did watch their YouTube, which I found fascinating. I'm sure you'll include it in the show notes. And it's interesting, not, I think Stanford has done a really interesting job as a business and as a B-school or as a school, I guess I would say, as a university continuing to evolve. 29:24 So actually when I saw that they had this course in their business school, I wasn't surprised. And I actually have followed Stanford for a while because of their D school, their design school. Interesting. And so design thinking is not necessarily only related to the creative arts, but you know, you think about firms like, you know, who started with this concept like IDEO, but you know, this design thinking definitely has some 29:53 some good roots in creativity, innovation, breaking through borders, not thinking about constraints as true constraints and boundaries. And so to me, I wasn't surprised to see that these two were from Stanford. And it was a great listen. Thank you. I too, I was surprised to hear about it and two great schools, University of Chicago and Stanford with great alumni. So... 30:20 I do like to give my guest opportunity to share how you may be contacted. What's the easiest way and this will be in the show notes. Okay, well, I respond to my emails. I also respond to phone calls and voicemails. I love the younger generation that never listen to their voicemails. I actually do. So you can find me via phone at 847-404-7325. 30:47 Email always works and my email is su.tinish, my last at, and then here's the nice long after the at, VistageChair, like a piece of furniture, VistageChair.com. Then I am often on LinkedIn, and so people can DM me on LinkedIn and follow me. They can sign up and subscribe to my newsletter, make a difference. Yeah. Happy to respond any way that people want to. 31:15 Reach out to me, text, phone, email, or DM. Fantastic. So I'd like to bring us back to the founder sandbox and kind of the three cornerstones that I work with founders on and that's around resilience, purpose-driven enterprise and sustainable growth. And by bringing each of my guests back to, hey, what's the meaning of each of these terms? I'm absolutely fascinated that each one of my guests has a different. 31:42 you know, concept and it's so rich to listen. So what does resilience mean to you and your many years as practitioner with CEOs and small to medium sized companies? I'd say the first thing is really having a good balance between positivity and realizing that I have to grow and change and accept feedback. That maybe everything is not. 32:11 So I think especially for entrepreneurs and startups, I mean, you have such great belief in your concept. And so you do have to stick with it and stay positive, but there is that fine balance between accepting feedback and realism. And so I think resilience is balancing those two things appropriately. The second thing, the second characteristic I'd like to call out today is just really... 32:40 facing up to uncertainty. In other words, not being an ostrich and putting my head in the sand. Being resilient to me says, I'm willing to squarely look uncertainty in the face and I may not have all the data that I need. I may not be fully clear on what's the right direction, but resiliency is making that decision, taking responsibility, moving forward. 33:06 and accepting the consequences and then dealing with it all over again. Those are the two things that I think are most important to me personally about resiliency. Thank you. What about purpose-driven enterprise? Harkening back to my PhD where I did something on sustainability. Did you? Yes. So to me, purpose-driven enterprises really mean that you're gonna... 33:34 you will focus on value creation beyond simply profit. And the second quality is that there's really a strong integration in your ecosystem of all your stakeholders, not just shareholders, but that everyone is aligned and integrated and that your strategy is focused on an integrated purpose that serve all stakeholders, customers. 34:02 employees, your vendors, everyone in that ecosystem. And that's it. So you actually were a profit in your own land. Because your PhD, if you wrote on sustainability, I don't know how many years ago, it's just come back full circle, right? Yeah. It's got to be on every CEO's agenda. A triple bottom line. That's right. 34:27 And you heard it here, sustainable growth. So I kind of interchange sustainable with scalable. Again, we work with companies that are growing pretty rapidly. What is the meaning to you for sustainability? So first off, I think there's a difference between running an organization, leading an organization that's growing and leading an organization that's scalable. And so you desire both things, 34:56 you have to build in scale to make sure that you could manage your growth. So that's an element of sustainable growth. And as I alluded to earlier, I do think that this focus on the triple bottom line is really important. And even if you as a leader are not bought into it, think about the kinds of employees that you're hiring and the customers that you're serving as you get younger and younger. 35:24 this triple bottom line is so much more important to them. And so sustainable growth, in my opinion, can only be really fed by that focus on a triple bottom line. Wow. You heard it here. Thank you. Well, I have one last question. Did you have fun in the sandbox today, Sue? Oh, I did. It was fun to dig. It was fun to dig back into the past and think about the future. Yes. So delightful. So thank you so much for inviting me. 35:53 Thank you. The tools and techniques that you provided and just our conversation as well as what will be found in the show notes are invaluable. So thank you for offering these resources to my listeners. To my listeners, if you like this episode with Sue Tenesh, sign up for the monthly release of The Founder's Sandbox. It's available on all major podcast platforms. 36:20 where you're going to learn how to build with strong governance, a resilient, scalable, and purpose-driven company to make profits for good. Signing off. Thank you for being part of the Founders Sandbox.
Chuck Randolph examines the world of risk management and security consulting with Tristan Flannery, the visionary founder of Orbital Risk. Tristan's remarkable career trajectory has taken him from the rigorous discipline of an Army Ranger to the forefront of global security, which led to the establishment of Orbital Risk in 2020. Drawing on his extensive experience across military, government, nonprofit, and corporate sectors, Tristan shares invaluable insights into the evolution of risk management strategies in the face of emerging global threats. Throughout their conversation, Tristan explains the foundational principles guiding Orbital Risk—analyzing vulnerabilities, threats, and consequences to develop tailored security strategies for diverse clients, from family offices to multinational corporations. He highlights the pivotal role of his MBA from the University of Chicago's Booth School of Business in refining his perspective on corporate leadership and decision-making. This episode is not just a narrative of Tristan's personal and professional growth but also serves as a masterclass on adopting a risk-informed, intelligence-driven approach to security and operations.Tune into Tristan's conversation with Chuck Randolph as they: Discuss the importance of adopting a risk-informed, intelligence-driven approach to security and operations.Offer invaluable advice for professionals navigating the complex landscape of risk management and security today.Look into how emerging global threats have shaped modern risk management strategies, with a focus on creating bespoke solutions for a diverse range of clients.Additional Resources:OrbitalRisk.comThe Evolving Risk Landscape for Family Offices: A Dentons Survey ReportFor more information on risk management, take a look at Ontic Resources. Want to be on the podcast? Email us at podcast@ontic.co.
What do location data from roughly 2.1 million cellphones say about religiosity in the United States? In this episode of The Pie, Devin Pope, Professor of Economics and Behavioral Science at the Booth School of Business, paints a new picture of who goes to church, how often, and the other types of activities they do (or don't) partake in.
Ayelet Fishbach is a Professor of Behavioral Science and Marketing at the University of Chicago, Booth School of Business, and the author of GET IT DONE: Surprising Lessons from the Science of Motivation. She is the past president of the Society for the Science of Motivation and the International Social Cognition Network. Her groundbreaking research on human motivation has won numerous awards and is regularly featured in the media, including the New York Times, Financial Times, Wall Street Journal, CNN, and NPR. Ayelet earned a bachelor's degree with distinction in psychology, a master's degree summa cum laude in psychology, and a PhD magna cum laude in psychology, all from Tel Aviv University. In this episode we discuss the following: To increase motivation, find pleasure along the way. And setting a goal to do something is generally more motivating than setting a goal to stop doing something. To increase motivation, we can monitor progress by looking back and looking ahead. When we start out, we can look back and take encouragement from the small progress we've made. When we've almost completed our goal, we can look forward, and take encouragement from how little we have left. When our goals are in harmony with each other we're more motivated than when we have conflicting goals. For example, rather than thinking about work-life goals as conflicting, we can think more abstractly about how the goals complement each other. Including other people in our goals can be more motivating, whether that's explicitly involving them in our goals, or just acknowledging that others have an interest in us achieving our goals whether they realize it or not. Follow Ayelet: X: https://x.com/ayeletfishbach LinkedIn: https://www.linkedin.com/in/ayelet-fishbach-b32a8b4/ Website: https://www.ayeletfishbach.com/ Follow Me: X: https://twitter.com/nate_meikle LinkedIn: https://www.linkedin.com/in/natemeikle/ Instagram: https://www.instagram.com/nate_meikle/
On yesterday's show, Keith Teare mourned the scarcity of utopian thinking in Silicon Valley. But maybe Keith was looking on the wrong coast. Robert Wolcott, who teaches at the University of Chicago and is the chair of the World Innovation Network, recognizes the value of utopian idealism in his co-authored new book, Proximity: How Coming Breakthroughs in Just-in-Time Transform Business, Society and Life. As he told me, the just-in-time tech revolution of generative AI, 3D printing, lab-grown meats, renewable energy, and virtual reality is going to change everything. But what Wolcott can't predict, he confesses, is whether all this radically disruptive new tech will lead us to utopia or to dystopia. Robert C. Wolcott is Adjunct Professor of Innovation at the Booth School of Business, University of Chicago, and Adjunct Professor of Executive Education at the Kellogg School of Management, Northwestern University. From 2010 – 2019, he served as Clinical Professor of Innovation and Entrepreneurship at Kellogg. Wolcott won Teacher of the Year from Kellogg's EMBA program in 2013, 2014, 2015 and 2017. He's co-founder and chair of The World Innovation Network (TWIN), a global community of nearly 4,000 innovation and growth leaders from over 30 countries and across sectors (business, government, the arts, academia, defense). TWIN gathers 400 delegates for TWIN Global each year in Chicago to explore the future, in addition to smaller gatherings and online sessions. The objective is to build trusted relationships across sectors. Wolcott is an angel investor in over 20 companies including crowd funding leader Indiegogo, tech-enabled coaching and culture development platform Abroad.io, student loan innovator Lumni, digital education leader Kiddom, transaction security technology firm Magic Cube, digital mental health platform Silver Cloud Health and ClearCare Online (acquired by Battery Ventures), international art show, EXPO Chicago and MommyDaddyMe.com, a Hong Kong-based online capability development platform for children and their families across Asia. Wolcott holds a BA, European and Chinese History; and an MS and Ph.D., Industrial Engineering & Management Science, Northwestern University. Wolcott is a board member of Clareo, a foresight and growth strategy consultancy serving global corporations, and Abroad.io, a tech-enabled human transformation platform. Wolcott serves on advisory boards for H-Farm, the leading technology ecosystem in Italy, and the Open Innovation Lab of Norway. He serves on the board of Cure Blindness (Himalayan Cataract Project), a global non-profit that has restored sight to nearly one million people in Asia, Africa and Latin America. He is a regular contributor for Forbes on the impact of technology on business, society and humanity. His book, Grow From Within: Mastering Corporate Entrepreneurship and Innovation (McGraw-Hill, 2010) has been published in Chinese and Japanese. Wolcott's work appears in MIT Sloan Management Review, strategy+business, The Harvard Business Review (online), The Wall Street Journal, Advertising Age, Business Week, The Financial Times (European Edition), The New York Times and numerous overseas publications.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
Bill Canady has over 30 years of experience as a global business executive in a variety of industries and markets focused on industrial and consumer products and services. As a leader, he concentrates on aligning with key stakeholders to set a clear and compelling vision that will rally an organization to drive growth, control costs, and increase profitability. One of the keys to his success is he develops strong leaders and management teams and establishes deep relationships. His experience encompasses global public, private, and sponsor-owned companies. Bill is the CEO of both OTC Industrial Technologies and Arrowhead Engineered Products (AEP). OTC is an industrial distribution company located in Columbus, OH, that has $1 billion in sales with 1,900+ employees and over 60 sales/distribution offices in 40 states. During his tenure, OTC has grown revenues by more than 43% and earnings over 78%. AEP is a leading supplier of non-discretionary, mission-critical, aftermarket replacement parts for a wide variety of motorized vehicles and equipment headquartered in Blaine, MN, and has $1.5 billion in sales with 3600+ employees and sells in over 50 countries. During his career, Bill has been responsible for leading several organizations through their most important challenges and opportunities, often in complicated regulatory, investor, and media environments. He discovered a passion and knack for the art and science of business. Taking the tools and techniques that he developed growing multibillion-dollar companies, he created the Profitable Growth Operating System (PGOS) and set out to help owners and operators around the world profitably grow their companies. PGOS is a time-tested set of simple tools and processes that fosters a common culture creating value for all stakeholders: customers, employees, suppliers, and shareholders. PGOS shows how to increase the productivity of assets, increase profits, and make better decisions at every level of a business. Bill graduated summa cum laude from Elmhurst University with a Bachelor of Science in Business Administration and received his MBA from the University of Chicago, Booth School of Business. He is a veteran of the United States Navy Book: https://amzn.to/44ca12N Social Links www.linkedin.com/in/bill-canady www.facebook.com/Billcanady2 www.instagram.com/billcanady2
On today's episode, we speak with Brian Rosen, the Founder at Growth Beverage and BevStrat LLC. Rosen's BevStrat advocates for smaller brands, helping them grow and thrive, and as such, he has a deep understanding as to why brands become successful when they do; the top mistakes brands make, and how much it costs to hire a boots-on-the-ground sales-force vs. what a brand will spend slogging it out on their own. Rosen divulges brands he thinks will work and those that won't, also unpacking “flex” purchases, and the psychology around luxury brand sales and obscure passion projects. Show concept: This season, we're following a canned cocktail line called Hamlet Hound, from launch to growth. We've found that people (and brands) don't like to talk about how they become profitable, so we're pulling the band-aid off and delving into actual dollars and cents. You'll get an inside look at what works, and what doesn't. Want to know how to build a successful alcohol brand? Tune in as we investigate! About Brian Rosen, guest: Brian Rosen is the Founder of Growth Beverage and BevStrat LLC. He has an Executive Leadership degree from the University of Chicago, Booth School of Business' MBA program and a degree in marketing and finance from DePaul University. Globally regarded as a leading authority in the three-tier system, retail, off premise, marketing, and go to market strategy in the alcohol beverage space, Rosen was CEO of his own 100M-retail liquor enterprise, a partner at PricewaterhouseCoopers in alcohol beverages, and lead consultant in Trade Marketing at Anheuser-Busch. Today BevStrat is America's leading brand sales and marketing arm for brands under 100,000 cases in the market, operating in 7+ states. Rosen is also General Partner at InvestBev with nearly $250M under management for alcohol beverage investing, he is general Partner of Algoma Capital, lending $100M into distilleries and for barrel aging, and he is Founder of Sprout Beverage, the largest Alc Bev brand incubation eco system in the US. Learn more about Brian Rosen: linkedin.com/in/briandavidrosen bevstrat.com investbev.com About Erica Duecy, host: Erica Duecy is co-founder of Business of Drinks, a podcast and content consultancy, and one of the drinks industry's most accomplished digital and content strategists. She has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. She also has led digital editorial teams at Architectural Digest and Saveur magazines. Her content, podcast, and video programs have won more than 40 digital and editorial awards. She is a WSET Advanced-certified wine and spirits communicator, and author of the cocktail book Storied Sips (Random House), about the real-life stories behind the world's most famous cocktails. To learn more about Erica Duecy: https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ https://twitter.com/ericaduecy About Felicity Carter, host: Felicity Carter is a well-known journalist and editor based in Europe. She is co-founder of Business of Drinks, the Editorial Director of ARENI Global in London, International Editor of Star Wine List in Sweden, and a contributing editor to The New Wine Review. Formerly, she was founding Executive Editor for The Drop, and Editor-in-Chief of Meininger's Wine Business International, a trade magazine she built into a global must-read, with subscribers in 38 countries. She has consulted to the Dutch government and to Liv-ex, and been the keynote speaker at the wine industry's biggest conferences and events, from New York and Sydney to Hong Kong. To learn more about Felicity Carter: https://twitter.com/felicitycarter https://www.linkedin.com/in/felicity-carter-a5754380/ https://www.instagram.com/carter.felicity/ https://www.facebook.com/felicity.carter.104/
In this episode of THE MENTORS RADIO, Host Tom Loarie talks with Brenda Wolf, beloved retired President and CEO of Chicago's La Rabida Children's Hospital and recipient of the University of Chicago's Booth School "2023 Alumnus of the Year" award. Wolf dedicated her life to helping children with complex medical needs to have the greatest life possible and she gives us a powerful, insider view of the challenges, rewards and lessons learned from a career in non-profit pediatric health care. You'll also hear how the principles and practices she learned from going back and earning an MBA became invaluable tools in her nonprofit leadership roles. In her 12 years as CEO and President, and her 35 total years serving at La Rabida Children's Hospital, Brenda pioneered the patient-centered family home, in which one physician is responsible for coordinating all care for the patient. She also expanded the hospital's outreach to youth experiencing trauma in under-served communities by establishing clinics in the surrounding area. She talks about leadership during the pandemic shutdown, key partnerships, the importance of providing long-term care for children with chronic conditions, navigating the complexities of Medicaid reimbursement and managing critical resources effectively in a nonprofit healthcare setting. She has been named one of Crain Chicago's Most Notable Women in Health Care. Listen to this episode below, or on ANY PODCAST PLATFORM here. BE SURE TO LEAVE US A GREAT REVIEW on Apple Podcasts or Spotify, and share with friends and colleagues! SHOW NOTES: BRENDA WOLF: BIO: https://www.thechicagonetwork.org/member/brenda-j-wolf/ ARTICLES: La Rabida Children's Hospital CEO to retire — Crain's Chicago Business La Rabida CEO Stepping Down — Hyde Park Herald 'The Last 12 Years Consumed Me': Chicago hospital CEO retires — Becker's Hospital Review How Brenda J. Wolf seamlessly transitioned to leadership at La Rabida Children's Hospital — Smart Business
Katie Krall is a Senior Product Manager of Baseball Strategy at Hawk-Eye Innovations, a division of Sony Sports Business. She spearheads development of new products that leverage biomechanics, player tracking, bat, and ball flight data. Katie spent 2022 as a Development Coach with the Boston Red Sox where she oversaw pitch design, advance scouting and integrating data into player plans. This was her first season in uniform and coaching 1st base. Prior to her role with the Red Sox Katie was part of the Global Strategy team at Google focusing on Google Workspace after two seasons with the Cincinnati Reds as a Baseball Operations Analyst, a position that combined the worlds of roster construction, analytics, and scouting. After graduating from Northwestern University, Katie worked for a year and a half at Major League Baseball in the Commissioner's Office in New York City as a League Economics & Operations Coordinator. At MLB, Krall advised Clubs on 40-man roster management, MLB rules and compliance, major league administration, and salary arbitration. Katie holds an MBA from the University of Chicago's Booth School of Business and is a faculty member in Northwestern's Master's of Sports Administration Program teaching Sports Business: Finance, Accounting, and Economics.
Sendhil Mullainathan does a lot of things, and he does them well. He's a professor of Computation and Behavioral Science at the University of Chicago's Booth School of Business. I originally talked to Sendhil for our podcast series, They Thought We Were Ridiculous. He was well-positioned to give his perspective on a contentious, interdisciplinary field of social science called “behavioral economics.” But nowadays, behavioral economics is mainstream, but Sendhil has continued to study big questions that cut across the typical academic boundaries between disciplines. We talk about AI, economics, and racial bias.You can listen to our full series on behavioral economics here (Sendhil's voice pops up in episodes 3 and 4).Also, the study we discuss testing racial discrimination in hiring practices was first reported in this 2003 paper in American Economic Review.For a transcript of this episode, visit this episode's page at: http://opinionsciencepodcast.com/episodes/Learn more about Opinion Science at http://opinionsciencepodcast.com/ and follow @OpinionSciPod on Twitter.
In this episode of Talk Nerdy, Cara is joined by the Jeffrey Breakenridge Keller Professor of Behavioral Science and Marketing at the University of Chicago, Booth School of Business, Dr. Ayelet Fishbach. She is the author of, "GET IT DONE: Surprising Lessons from the Science of Motivation." Follow Ayelet: @ayeletfishbach
Sherman Williams & Emily McMahan - Academy Investor Network, Helping Service Academy Graduates Invest in Venture-backed Startups Sherman Williams is a Naval Academy graduate. After serving as a Naval Intelligence Officer, he headed to Chicago's Booth School to study finance and landed himself in investment banking. While in banking he started investing and advising startups. This was a perfect segue to co-founding Academy Investor Network. Emily McMahan is a WestPoint Academy graduate. After her time in the Army as a Military Police Officer, she has always been focused around community and working with entrepreneurs. She has a passion to work with startup companies and founded Capitol Post, which taught military veterans how to start and grow businesses, a great foundation for beginning the Academy Investor Network. She is also the Deputy Director at the Common Mission Project, an international platform supporting mission-driven entrepreneurs. Academy Investor Network Academy Investor Network was founded in 2020. From Sherman's and Emily's own academy experience they personally saw the unique population that made up the graduates. They wanted to offer an investment syndicate for U.S. Service Academy graduates to invest in venture-backed startups. “We enable every Service Academy graduate to connect, learn and invest in the venture asset class.” Learn More Sherman Williams Linked In: https://www.linkedin.com/in/sherman-williams/ Emily McMahan Linked In: https://www.linkedin.com/in/emilymcmahan/ Academy Investor Network LinkedIn: https://www.linkedin.com/company/academy-investor-network/ Website: https://academyinvestor.com/ Twitter: https://twitter.com/AIN_members VeteranCrowd Network Our "forever promise" is to build the veteran and military spouse community a place to connect and engage. VeteranCrowd is simply a national network of veterans, veteran led businesses and the resources they need to prosper. Subscribe to stay in touch, or consider if Individual or Corporate Membership in the Network is a fit for you. by VeteranCrowd Network Why do thousands of merchants put us through a bootcamp to join their loyalty program? Why do they make checkout an obstacle course? It's embarrassing. Time consuming. Intrusive. Cumbersome. Broken. Why? Because no one ever built a simple & secure way to validate our veteran status at checkout. Until now. Want to be recognized at select merchants simply by swiping your existing Visa card? Join our waitlist and be one of the first veterans to have this power in your wallet. About Your Host Bob Louthan is a VMI Graduate, Army veteran, and executive with over 25 years of experience in mergers, acquisitions and private capital formation. He founded the VeteranCrowd Network to bring veterans and veteran-led businesses together with each other and the resources they need to prosper.
On this episode, I was joined by Sayed Badrawi, Pharma/MedTech Investor and Board Member. Sayed walks through starting at Amgen as a bench scientist and transitioning to the commercial side of the Pharma industry. Sayed provides advice for people considering their career paths and emphasizes the importance of gaining expertise in a particular area before making significant career changes. He also highlights some of the challenges and opportunities in the Pharma industry, including the impacts of silos, the complexities of commercialization, and the importance of having a deep understanding of the industry for successful product development and market launch. 00:00 Introduction and Guest Presentation 00:53 Guest's Journey in Medical Device and Pharma Industry 03:10 Transition from Bench Scientist to Business Side 08:31 Commercialization Challenges in Pharmaceutical Industry 13:37 Successes and Failures in the Industry 26:41 Career Advice for Aspiring Professionals: Large vs. Small Companies 32:44 Conclusion Sayed Badrawi has several decades of business, marketing, and scientific experience in pharmaceutical and biotech companies. He was most recently the CEO of PDS Life Sciences, a global provider of software and services used in preclinical research at top-ten pharma companies. He currently serves on the Board of ISI Life Sciences, a startup focused on diagnostics and therapeutics for use in oncology. He is also providing strategy consulting for several early stage start-ups. Previously, he was the Director and Head of new product commercialization at Mitsubishi Tanabe Pharma America, one of the largest pharma companies headquartered in Japan. Other experiences include senior pharma marketing positions at Abbott Laboratories and Eli Lilly. Sayed started his career at Amgen as a research associate and was part of the team to first clone and express erythropoietin, one of the first biotech blockbusters. Sayed has an AB degree in microbiology and immunology from the University of California, Berkeley, and an MBA from the University of Chicago's Booth School of Business.
Cliff is an avid outdoorsman, pilot and certified wilderness first responder. He has personally guided dozens of big game hunts, while his previous businesses have operated more than a thousand wilderness expeditions. Before pissing them away to become a hunting guide, Cliff earned degrees from Stanford University and University of Chicago's Booth School of Business. In this episode of The Altitude Show, Dave Brinker and Cliff Grey cover a wide range of captivating topics. They discuss Starlink, spearfishing, the energy field in hunting, the fascination with fish and the ocean, and the mindset and skills of successful hunters. They also address the challenges of spearfishing, competing with oneself in hunting, the levels of dedication in hunting, and the illusion of success in hunting. The conversation explores the slippery slope of comparison in hunting, the value of experiences in hunting, and the collector mentality in hunting. Additionally, they delve into the value of time, the pursuit of money and happiness, and the challenges of balancing multiple responsibilities. They also touch on hunting iguanas in Puerto Rico, gun laws in Puerto Rico, and other hunting opportunities in the Caribbean. The benefits of traveling, homeschooling, and exposing children to different environments are discussed, along with the importance of building friendships. Overall, this episode provides valuable insights and thought-provoking discussions on various aspects of hunting and life. Enter the GIVEAWAY HERE: https://youtu.be/EXO-vAYpkSY Use Code "dave20" at www.mtntough.com/dave for 20% off your membership Use code “altitude” at http://www.gohunt.com for a discount on becoming a member Use code “ALTITUDE” at http://www.peaxequipment.com for 10% off Use code “ALTITUDE” at https://sthealthyhunter.com/ for free Shipping & 10% off all CBD & Gear, and 5% off Non-CBD Products
It's the start of a new year and with it comes an opportunity to re-evaluate your trajectory and set your goals for the months to come, whether they be financial, personal, or all of the above. Kicking things off for today's episode is our conversation with Steve Balaban, a private equity insider with a refreshingly realistic and practical perspective on private equity. We talk with Steve about investing in private equity, the benefits and drawbacks every investor should know about, why due diligence is essential, how private equity interacts with investor psychology, and much more. Tuning in you'll also learn about the Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning and how listeners can gain special access to these training tools. Next, we take a look back at our conversation with Ayelet Fishbach from the Booth School of Business on the science of motivation and goal setting and the contents of her new TEDxChicago Talk The Science of Getting Motivated. We wrap things up with a review of Justin Breen's book titled, Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First, followed by our conversation with the author on the transformational power of naming your year, the power of networking, and other key lessons from his book. For all this and much more, be sure to tune in and start 2024 armed with insights from some of the best thinkers around! Key Points From This Episode: (0:01:26) Use discount code RATIONAL to watch the award-winning documentary Tune Out The Noise, free of charge (valid until the end of January 2024, so make sure you don't miss out!) (0:03:44) An introduction to Steve Balaban and Mink Learning, a private equity education company he founded in 2019. (0:07:29) Steve's insights on aggregate public market equivalent (PME) benchmarking and key issues that arise when using Internal Rate of Return (IRR) to benchmark private equity. (0:17:58) The best arguments in favour of private equity, the downsides you need to know about, and a rundown of the fees involved. (0:23:38) Top reasons Steve has come across for why people want to invest in private equity, and what he considers to be the right reasons. (0:29:38) How private equity interacts with investor psychology and the importance of having different vintages in your portfolio. (0:35:15) Why private equity is typically illiquid, how liquid private equity works, and the tradeoffs for investors with liquid private equity as opposed to more direct illiquid approaches. (0:42:59) The differences between private and public equity; advice on how investors should interpret private equity marketing materials and the importance of doing due diligence. (0:51:59) Trends in the industry towards permanent equity, rather than rolling over every few years. (0:59:55) Details on the Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning and how to use the discount code RationalReminderPEC. (01:02:21) A look back at our conversation with Professor Ayelet Fishbach and her newly released TEDxChicago Talk The Science of Getting Motivated. (01:03:58) Our book review of Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First, and our conversation with the author, Justin Breen. (01:07:12) The transformational impact of naming your year, finding your purpose, and the power of networking. (01:25:47) An update on our new podcast Money Scope, the content you can expect from it, and its success on the Canadian Apple Podcast charts. (01:28:43) What we've been experiencing on LinkedIn, book recommendations for the start of 2024, and exciting upcoming guests! Links From Today's Episode: Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/ Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://twitter.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.ca Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/ Benjamin on X — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Tune Out The Noise — https://film.dimensional.com/podcast/login?redirect=%2Fpodcast Discount Code for Tune Out The Noise — RATIONAL Steve Balaban — https://www.stevebalaban.com/ Steve Balaban on LinkedIn — https://training.minklearning.com/ Mink Learning — https://training.minklearning.com/ Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning — https://web.cvent.com/event/10af7f03-e05c-465a-803e-3e8ac3864120/summary Discount Code for Private Equity Certificate — RationalReminderPEC Justin Breen on LinkedIn — https://www.linkedin.com/in/justinbreen1/ BrEpic Communications LLC — https://www.brepicllc.com/ BrEpic Network — https://brepicnetwork.org/ Episode 188: Prof. Ayelet Fishbach — https://rationalreminder.ca/podcast/188 Professor Ayelet Fishbach's TEDxChicago Talk, The Science of Getting Motivated — https://www.youtube.com/watch?v=T8CegN1xssY Episode 286: Errol Morris — https://rationalreminder.ca/podcast/286 Episode 210: Prof. Ludovic Phalippou — https://rationalreminder.ca/podcast/210 Episode 237: Who are you, and who do you want to be? — https://rationalreminder.ca/podcast/237 Episode 224: Prof. Scott Cederburg — https://rationalreminder.ca/podcast/224 Episode 284: Prof. Scott Cederburg — https://rationalreminder.ca/podcast/284 Money Scope Podcast — https://moneyscope.ca/ Books From Today's Episode: Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First — https://www.amazon.com/Epic-Life-Collaborative-Companies-Putting/dp/1544532555 Same as Ever: A Guide to What Never Changes — https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709 The Geek Way — https://www.amazon.com/Geek-Way-Radical-Transforming-Business/dp/0316436704 Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships — https://www.amazon.com/Tightwads-Spendthrifts-Navigating-Minefield-Relationships/dp/1250280079 Flow: The Psychology of Optimal Experience — https://www.amazon.com/Flow-Psychology-Experience-Perennial-Classics/dp/0061339202 Get It Done: Surprising Lessons from the Science of Motivation — https://www.amazon.com/Get-Done-Surprising-Lessons-Motivation/dp/0316538345
The start of the New Year always rings in new possibilities. However, setting and achieving goals for yourself and by yourself is harder than it seems. There are a multitude of obstacles including questions like knowing which tasks and ambitions to prioritize, where exactly to start, and how best to carry on when facing roadblocks and distractions. One truth remains though, we are likely to follow through with goals and pursuits that we are highly motivated about.On this episode, behavioral scientist, Chicago Booth professor, and leading expert on motivation, Dr. Ayelet Fishbach, Ph.D., discusses ways to think about and apply motivation to our lives and what people need to know about leveraging social support to stay motivated in our goal pursuit. Motivation is defined as a psychological force that enables action and a key to mastering Executive Function is to close the gap between one's intentions and one's actions.About Ayelet FishbachAyelet Fishbach, PhD, is the Jeffrey Breakenridge Keller Professor of Behavioral Science and Marketing at the University of Chicago, Booth School of Business and the author of GET IT DONE: Surprising Lessons from the Science of Motivation. She is the past president of the Society for the Science of Motivation and the International Social Cognition Network. She is an expert on motivation and decision making. Dr. Fishbach's groundbreaking research on human motivation has won the Society of Experimental Social Psychology's Best Dissertation Award and Career Trajectory Award, and the Fulbright Educational Foundation Award.Websites:https://www.ayeletfishbach.com/https://tinyurl.com/MotSciBooks:Get It Done: Surprising Lessons from the Science of MotivationAbout Host, Sucheta KamathSucheta Kamath, is an award-winning speech-language pathologist, a TEDx speaker, a celebrated community leader, and the founder and CEO of ExQ®. As an EdTech entrepreneur, Sucheta has designed ExQ's personalized digital learning curriculum/tool that empowers middle and high school students to develop self-awareness and strategic thinking skills through the mastery of Executive Function and social-emotional competence.Support the show
It is a mistake to frame motivation as a muscle, according to today's guest, Dr. Ayalet Fischbach. If you set your goals well, they will pull you like a magnet. In this conversation, we cover why numerical goals can backfire, the best practices for choosing a goal, how to monitor progress and cope with setbacks, and why social support is critical. More About Ayelet: Ayelet Fishbach, PhD, is the Jeffrey Breakenridge Keller Professor of Behavioral Science and Marketing at the University of Chicago, Booth School of Business, and the author of GET IT DONE: Surprising Lessons from the Science of Motivation. She is the past president of the Society for the Science of Motivation and the International Social Cognition Network. She is an expert on motivation and decision making.
Filling out an overly complicated form or waiting on hold for hours to speak with a customer service rep is a frustrating experience. And sometimes it seems like the process itself is designed to be difficult.In this episode of Choiceology with Katy Milkman, we look at how friction––time, distance, complexity, or anything that gets in the way of your goals—can contribute to what Nobel Prize–winning economist Richard Thaler calls "sludge." A young couple walks into a theme park and they are offered a gift card. The only catch is that they have to watch a 90-minute presentation about timeshares. By the end of the presentation, they are the owners of a timeshare in the timeshare capital of the world, Orlando, Florida. Getting into a timeshare contract was easy, but getting out of it turned out to be much more of a grind.Susan Budowski tells the story of how her clients got out of a sticky situation, and she explains how many companies make it simple and quick to buy a timeshare but difficult and time-consuming to sell or get out of those contracts.Susan Budowski is an attorney in Florida and Maryland who specializes in resolving timeshare matters.Next, Katy speaks with Wendy Wood about her research on how people can leverage friction to help build positive habits and diminish negative ones.You can read more in her book Good Habits, Bad Habits: The Science of Making Positive Changes That Stick.Wendy Wood is the Emerita Provost Professor of Psychology and Business at Dornsife College at the University of Southern California.Then, Katy speaks with Richard Thaler about how sludge makes it difficult for people to achieve their goals and discusses several ways we can fight sludge in public policy and in our everyday lives.Richard Thaler is a Nobel Prize–winning economist and Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago's Booth School of Business. He is also the co-author of Nudge.If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThe comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Data contained herein from third party providers is obtained from what are considered reliable source. However, its accuracy, completeness or reliability cannot be guaranteed and Charles Schwab & Co. expressly disclaims any liability, including incidental or consequential damages, arising from errors or omissions in this publication.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request. Investing involves risk including loss of principal.The book How to Change: The Science of Getting from Where You Are to Where You Want to Be is not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Charles Schwab & Co., Inc. (CS&Co.) has not reviewed the book and makes no representations about its content.Apple, the Apple logo, iPad, iPhone, and Apple Podcasts are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.Spotify and the Spotify logo are registered trademarks of Spotify AB.(1023-39VT)
This week on Sinica, a live recording from October 10 in Chicago, Kaiser asks Chang-Tai Hsieh of the Booth School of Business at the University of Chicago, Damien Ma of the Paulson Institute's think tank MacroPolo, and our own Lizzi Lee, host of The Signal with Lizzi Lee, to right-size the peril that the Chinese economy now faces from slow consumer demand, high youth unemployment, a troubled real estate sector, and high levels of local government debt. This event was co-sponsored by the University of Chicago's Becker-Friedman Institute, the Paulson Institute, and The China Project. 06:32 – What is the current state of the Chinese economy?11:14 – The origins of China's crisis in comparison to crises from 1990 in Japan and 2008 in the U.S.14:25 – Real estate sector's role in the crisis and possible solutions22:51 – The significance of able management during times of crisis. Is this a crisis of confidence or expectations?29:34 – The question of the general direction of the Chinese economy 43:33 – What does an actual debt crisis look like in China?48:00 – The right U.S. policy towards China in light of current affairsThe complete transcript of the show is now in the main podcast page for the episode!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.