...In Chapter 3 of Malcolm Gladwell’s “The Outliers,” the author states “We know where analytical intelligence comes from. ”It’s something at least in part; that’s in your genes.” (pg 101) Now, in Chapter 8, Gladwell is taking a different approach. According to Gladwell, Asian students are fortunate for their success in math due to working in the rice fields, making them hard workers. Despite this, I am sure that numerous people who labored in the rice fields who are not great in math, proving working in the rice fields for long hours does not form intelligence. Usually, analytical skills are related to the parental involvement of being vested in their child's education. Asian parents, as well as parents of other youth, were brought up...
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...music prodigies and academic geniuses. “They must’ve been born as geniuses. I hope I was born as smart and talented”. Students especially feel extremely discouraged when they have a genius in class. From beginning, students develop an instinct that being a prodigy requires not practice, but superior DNA. However, an author of the “Outliers” has surprising news for the pre-talented people. Until 2008, when the “Outliers” was released, no one was able to prove a way to become a world-class/prodigy at any field, with plausible solutions. Many people were willing to test out this method if it was legitimate. In this report, we will be exploring a controversial and debatable rule called the “10,000 Hour Rule”, initially proposed by a well-known author of the “Outliers”, Malcolm Gladwell (Based on the philosophy of psychologist K. Anders Ericsson). He states “The key to achieving mastery level at any skill only requires only one action. 10,000 hours of practice specifically aimed to achieve that specific goal.” I will be providing a short summary of this book, alongside the mathematics behind this rule and conflicting ideas against this rule. Neutral Summary:...
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...Summarizing Malcolm Gladwell introduces a small Italian village of Roseto in the first chapter of his book Outliers. By the end of the 19th century many the Rosetans have relocated to the USA, where they established a new town of Roseto in Pennsylvania. According to Gladwell, the Rosetans lived in an isolated community, rarely communicated with the neighboring English and German towns, and did not draw much attention. However, everything changed when doctor Stewart Wolf became interested in this small Italian town. He has discovered that heart related diseases are very uncommon among the Rosetans, making them an outlier from an average tendency. Gladwell highlights that Wolf struggled to find a viable explanation to this phenomenon. Nevertheless,...
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...In the book Outliers: A Success Story, chapter one, “The Matthew Effect”, by Malcolm Gladwell, the author argues that competence and persistence are both aspects of success — along with being born on certain date. In the beginning of Gladwell’s excerpt he illustrates a hockey championship between the two finest teams, The Tigers and the Giants. The two teams compete with one another for the victory. After the game reporters rush the locker room to interview the players. The Giant’s coach makes a statement on how all the players worked hard. From even before kindergarten Canadian boys are playing hockey to slowly climb the ranks. As long as you remained dedicated you were guaranteed a spot of success. Gladwell continues that success in hockey...
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...Although the complexity of airplanes is certainly a factor in airplane crashes, it is definitely not the only factor. In Outliers: The Story of Success, Malcom Gladwell, to analyze how airplanes crash, explains mitigated speech and describes its levels 1. Command… The most direct and explicit way of making a point…. It’s zero mitigation. 2. Crew Obligation Statement… The request is much less specific. 3. Crew Suggestion… ‘We’re in this together.’ 4. Query… That’s even softer than a crew suggestion… The speaker is conceding that he’s not in charge. 5. Preference... ‘I think it would be wise’… 6. Hint… This is the most mitigated statement of all. (195) Gladwell also explains that mitigated speech is much more common in cultures that follow a...
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...Outliers summary When it comes to success, we are taught from day one that hard work, perseverance and the will to succeed would overcome any obstacle. Every day, the stories of success can be shared and used to inspire others who hope to one day reach similar happiness. The extremely incredible entrepreneur who rose from rags to riches or the tale of the underdog sports team that surprised all competitors and won the championship are the stories that continuously drive the dreams of individuals and make success seem possible to all. But what if success was not attainable for all, regardless of work ethic and all other factors that may contribute to it. What if, based on predetermined occurrences, success was easier for some to obtain because of those occurrences? The Outliers written by Malcolm Gladwell, is the author’s compiled study of success and how it very much so can be attributed to all of the normal factors (i.e. talent, work ethic, passion) but are also heavily influenced by the cultural and societal forces that give rise to opportunistic individuals. Through several cases of well known individuals who are deemed to be successful, we as a society easily fall into the myth that successful people are self-made. Gladwell writes that most successful people “are invariably the beneficiaries of hidden advantages and extraordinary opportunities and cultural legacies that allow them to learn and work hard and make sense of the world in ways others cannot.” Gladwell’s definition...
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...OUTLIERS SUMMARY "Outlier" is a scientific term to describe things or phenomena that lie outside normal experience. It is basically anything out of the ordinary. Malcolm Gladwell started using that term in his book with same name to describe truly exceptional individuals who, in their field of expertise, are so superior that they define their own category of success. For Gladwell these individuals are outliers. He tries to understand the success of different successful people, such as, Bill Gates, Oppenheimer and even The Beatles. Looking into the lives of successful individuals, he helps us change the way we think about them. He claims that a large part of their success is not only because they had put in so much work and effort, but also because the right opportunities came along once they were at this expert level. Throughout the book, he mentions the “10,000 Hours Rule”, explaining that most people need around 10,000 hours to become an expert in their specific area. So basically, those who get good usually had the opportunity to practice. OPINION I found a video of Malcolm Gladwell talking about his book in an interview, which I believe is totally fascinating and really makes you think about the achievements of these successful people in a different way. It is clear that hard work and determination are often necessary, however, luck can also help you along. This fact can be illustrated with the comparison he makes of two bright individuals with different backgrounds;...
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...Success Summary Success is something we as individuals strive for. There are numerous amounts of interpretations of success depending on who you ask, what they do, where they come from, their family background, their intelligence and much more. Malcolm Gladwell examines several scenarios of individuals whose environment, along with their ambition and motivation affects their ability to succeed in his third book Outliers: The Story of Success. The extraordinary individuals that triumph throughout Outliers range from hockey players born on the “perfect date,” to rock stars putting in 10,000 hours of work. From geniuses with exceptional IQ’s who do not succeed, to a Jewish immigrant in America who went from rags to riches, Gladwell tells their...
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...Global perspectives on governance: lessons from east and west While the core principles of governance are the same throughout the world, the Asian model places particular emphasis on trust and relationships. This paper discusses the key differences between the western and Asian approaches to help business leaders explore the best aspects of both. Conclusions 1. The corporate governance model that’s familiar in Asia, Africa and most developing nations places strong emphasis on trust and relationships. This can be beneficial for stakeholders: the typical pattern of ownership in businesses means that there can be a longer-term view of an organisation’s success compared with that in a western company. But the system is potentially vulnerable to corruption and cronyism. It can also be difficult to implement basic control procedures. 2. The prestige of what can be broadly termed the western governance model has diminished in the aftermath of the financial crisis. This model has driven globalisation and has emphasised a combination of legislation and standards as well as transparency, with a focus on developing appropriate structures, processes and frameworks. This is widely understood and helps to create a level playing field. But major financial failures over the past two years, such as that of Lehman Brothers, have shown that there are limits to what can be done to tighten checks and balances. A new emphasis on the behavioural aspects of governance is overdue. ...
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...The not so profound guide to landing a buy-side job Introduction This guide is a collection of ideas and wisdom sourced from various MBA students at NYU Stern that successfully navigated the buy-side job search process. It is generally geared towards those that are career switchers, not coming from former buy-side roles before the MBA. Though keep in mind that successful candidates typically have a background in some type of financial-related field, albeit not direct equity investing experience. Landing a buy-side job is extremely difficult. This is pretty much common knowledge among MBA candidates, but let’s walk through the reasons why. First, the job is very appealing to those interested in finance – it’s challenging, fulfilling, intellectually stimulating, and potentially very rewarding. You generally don’t have to work quite as many hours as investment bankers or even management consultants, but have the potential to earn more. This results in many, smart and talented candidates looking for buy-side roles, leading to a high supply of labor. On the demand side, investment management is a scalable business, where hiring needs are not directly proportional to assets under management. For example, in order to manage $100 million in stocks, a fund might start out with a PM and two analysts. When the fund hits $300 million, they might add one analyst, and perhaps one more when the fund reaches $500-$700 million. In this example, while AUM went up by five to seven times...
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...ENTREPRENEUR WORKBOOKS Business Planning and Financing Management Series Building Block 2 The Business Plan and Executive Summary MaRS is a member of MaRS Discovery District, © December 2009 See Terms and Conditions MaRS – Business Planning and Financing Management Series THE BUSINESS PLANNING AND FINANCING MANAGEMENT WORKBOOK Introduction: What to expect In his book Outliers, Canadian author Malcolm Gladwell looks at the relationship between statistical probabilities and the chance of success in your chosen field of work or sports. His essential claim is that you need around 10,000 hours of practice to become really good in a particular field. This workbook guide will not take 10,000 hours to complete, so you should not expect that you will become an expert in business planning and financing management by going through the activities outlined within. Rather, the purpose of the workbook guide is to help you understand and focus on the key issues in the field of business planning and financing management, and to introduce you to frameworks within which to think and discuss essential areas of your business. The process offered will provide sufficient grounding in the topic so that you will know what questions to ask advisors and consultants, and, in the case of consultants, how to evaluate their work. Additionally, this workbook guide provides a launch point for a number of vital business decisions you will have to make to develop your start-up. As a best practice, it...
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...NLP: CONNECTOR BETWEEN MANAGER AND SUBORDINATE Palwasha Khan Sana Iqbal Sundus Younis Faculty of Engineering Management Center of Advance Studies in Engineering (CASE) Abstract: Neuro Linguistic Programming is thought to be an advance communication tool which incorporates Human cognition, behavioral contour, and unconscious verbal/nonverbal patterns in order to understand the way information is being perceived, processed and acted upon by the individual and how he interact with his environment including the human factor. It is continuously being probed for its impact over successful human interactions and relationship. Usage of NLP in business world is still unexplored in certain aspects. This research paper is meant to study the impact of appropriate NLP techniques over the relationships that typically exist between managers and subordinates. Using a survey questionnaire, data is being collected from employees of a variety of organizations and found out that though mostly, NLP is unconsciously applied in managerial sector, it does play its role in improving the perceived manager-subordinate relationship, through improving the trustworthiness of the managers and the social bonding that exist between the managers and their subordinates. NLP also impacts to a lesser degree upon the feedback process and participative management style of the manager. Currently managers give more credit to importance of NLP techniques in better relationship building than the subordinates....
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...The Presentation Secrets of Steve Jobs How to Be Insanely Great in Front of Any Audience Carmine Gallo Columnist, Businessweek.com New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2010 by Carmine Gallo. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. ISBN: 978-0-07-163675-9 MHID: 0-07-163675-7 The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-163608-7, MHID: 0-07-163608-0. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. To contact a representative please e-mail us at bulksales@mcgraw-hill.com. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights in and to the work. Use of this work...
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...An introduction to Business Research Methods Dr. Sue Greener; Dr. Joe Martelli Download free books at Dr. Sue Greener & Dr. Joe Martelli An introduction to Business Research Methods Download free eBooks at bookboon.com 2 An introduction to Business Research Methods 2nd edition © 2015 Dr. Sue Greener & Dr. Joe Martelli & bookboon.com ISBN 978-87-403-0820-4 Download free eBooks at bookboon.com 3 An introduction to Business Research Methods Contents Contents 1 Research problems and questions and how they relate to debates in Research Methods. 10 Chapter Overview 10 1.2 Introduction 10 1.3 The nature of business research 11 1.4 What kind of business problems might need a research study? 14 1.5 What are the key issues in research methods we need to understand? 16 1.6 Questions for self review 23 1.7 References for this chapter 23 1.1 2 Putting the problem into context: identifying and critically reviewing relevant literature 25 2.1 Chapter Overview 25 2.2 How does literature relate to research? 25 2.3 what kinds of literature should we search for? 26 2.4 Effective literature searching 29 2.5 Critical analysis of literature 32 www.sylvania.com We do not reinvent the wheel we reinvent light. Fascinating lighting offers an infinite spectrum of possibilities: Innovative technologies and new ...
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...Globalization Note Series Pankaj Ghemawat and Sebastian Reiche National Cultural Differences and Multinational Business The eminent Dutch psychologist, management researcher, and culture expert Geert Hofstede, early in his career, interviewed unsuccessfully for an engineering job with an American company. Later, he wrote of typical cross-cultural misunderstandings that crop up when American managers interview Dutch recruits and vice versa: “American applicants, to Dutch eyes, oversell themselves. Their CVs are worded in superlatives…during the interview they try to behave assertively, promising things they are very unlikely to realize…Dutch applicants in American eyes undersell themselves. They write modest and usually short CVs, counting on the interviewer to find out by asking how good they really are…they are very careful not to be seen as braggarts and not to make promises they are not absolutely sure they can fulfill. American interviewers know how to interpret American CVs and interviews and they tend to discount the information provided. Dutch interviewers, accustomed to Dutch applicants, tend to upgrade the information. To an uninitiated American interviewer an uninitiated Dutch applicant comes across as a sucker. To an uninitiated Dutch interviewer an uninitiated American applicant comes across as a braggart.”1 Cultural differences, while difficult to observe and measure, are obviously very important. Failure to appreciate and account for them can lead to embarrassing...
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