Dive into the archives.
- The Financial Psychology of Everyday Life
All of us responsible for steering families and loved ones through the increasing tangle of income, saving, and investment, should take a look at Mohammed El-Erian’s “Comfy old ways will not see us through” in today’s FT. He reminds us that we operate with incomplete and wrongly-framed valuation models which themselves focus on growth expectations [...]
- Working Knowledge Initiative. Exercise 2 for Reluctant Entrepreneurs.
Eight arguments against trying the Working Knowledge Initiative and one reason for. 1) The premises of WKI are unreliable, untested (by me), and might discount my view of reality. Its something new— I’d prefer the tried and true. There’s nothing really wrong, anyway. Things will get better. I’ll wait to find work. 2) If my [...]
- Learning From Cases: 2. The Adrenaline Rush of Manic Trading
Twitter has begun to serve the social function of anchoring day traders to one another in a virtual community. Checking in on one another’s picks and strategies, supporting one another’s creative trading approaches, the positive takeaway is that a lonely and isolating occupation has developed a communicative outlet. The downside is that as with drinking, [...]
- Learning From Cases: 1. Emotional Learning as Value
Recent consultations with clients have converged in an exciting empirical finding. Focusing upon significant emotional and vocational transitions at midlife, we have often inventoried both material assets and knowledge assets at different life stages. With the financial markets bubbling up 50% above their recent lows, clients seemed curious about looking back over adulthood and quantifying [...]
- On Finding a Language in the Confusion of Tongues: US Healthcare
A rather remarkable debate in my undergraduate industrial-organizational psych class forms the groundwork for these thoughts. We begin with trying to think through the implications of David Brooks’ critique of Obama’s healthcare intiative in the NY Times a week ago. Not surprisingly, the effect of thought across a group of 27 individuals was to generate [...]
- New Research: “The Anguish of Unemployment” and Midlife Professionals
Just released: a new study called , “The Anguish of Unemployment” from the John J. Heldrich Center for Workforce Development at Rutgers University confirms what we’ve been saying all along: Midlife professionals represent about one-third of the unemployed workforce • 32% of the currently unemployed workforce is over 45 years old, evenly divided between men [...]
- Working Knowledge Initiative. Exercise I for Reluctant Entrepreneurs.
“How do I begin to consider even thinking about the Working Knowledge Initiative? How do I begin to wrap my head around an idea like that?” Beginning to consider a life transition to entrepreneurship is a big hurdle. Most of us never consider that we spend much of our lives doing accounting (paying bills, managing [...]
- Curating the Accord Advisory Blog
Taking a page from our own blog, Accord set out this week to review what we’ve written for the last year. The idea was simple: in managing our daily affairs, the projects that are before us, and how these shape our identity over time, something gets lost. It can be likened to baking cookies: you [...]
- Sunny Skies and Hurricanes: Dress For the Weather
Today’s economic weather according to Bloomberg is simultaneous sunny skies and hurricanes. As kids prepare to return to grammar school today, I’m reminded of parents’ concerns that they are dressed appropriately for the weather. But as investors (and yes, tattered holders of 401-k’s, up 50% from their Springtime lows), how do we? The fly in [...]
- Composing a Language
One of the results of studying different disciplines– clinical psychology, psychoanalysis, group relations, business administration, organizational development, and industrial-organizational psychology—is a parochial confusion of tongues. What one discipline holds as the meaning of a word or concept is not its understanding within another, related discipline. For example, “personality” within the i-o world conjures the very [...]