Depending on whether one looks at global statistics or American statistics, there is a significant difference in men and women’s typical earnings. The focus here will be solely on data collected for the United States. I became extremely interested in this after a conversation I had with someone on campus so I figured I would share what I learned. The numbers tell a story but, where the numbers come from is a much more interesting one. The gender wage gap…
“There is no such thing as a free lunch.” This has been a staple of economic education for years. Nothing is free and the thought that something can be given for free, with no relative cost, crosses over beyond the realm of naivety into ignorance and unrealistic expectations. Price controls, the establishment and maintenance of maximum price levels for basic goods and services by the government, are sold as a possible reality when in truth, they come with dangerous…
“Only those who dare to fail greatly can ever achieve greatly.” – Robert F. Kennedy Greatness is not primarily a function of circumstance; but largely a matter of conscious choice and discipline that can not be achieved without an enormous amount of hard work. There is simply no evidence of successful high-level performance without experience or practice. High expectations are exceedingly important and you must always expect more from yourself than anyone expects from you. You must dream more, learn…
Leadership is not solely having the power to tell someone what to do… quite the contrary. True leadership says, “Here, watch me and how I do this… OK… Now you try. I will help you understand and help you improve your skill set. How can I help you further?” A True leader focuses on developing followers into leaders. Transformational leadership, in my opinion, is the only way to lead. However, one must fully understand one’s self before any attempt to…
Education in America’s public school system has shockingly disappointed the nation’s future. Arguments attacking the private school system have been founded as well, claiming the private system is experiencing just as much controversy; however the documentary entitled “Waiting for Superman” focused solely on the Public School system with its strengths and downfalls. The statistics of students and correlating proficiency-testing scores in America are depressingly below global standards. The design of the public system and its educators is the heart of…
Knowledge is defined as justified true belief. The essence of an organization’s activities resides in communication; communication among its members and communication with people outside the organization. Instilling a Knowledge Vision: Communicate the organization’s vision until the organization’s members begin to move to execute that vision. By instilling an effective knowledge vision, the organization’s members will have a better understanding of the core values or justification criteria for knowledge management. Knowledge vision indicates the justification criteria for knowledge creation. The…