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Work Futures - A Day Late

and a dollar short

Work Futures

October 1 · Issue #1002 · View online
The ecology of work, and the anthropology of the future.

and a dollar short

Beacon NY - 2018-10-01 -— I was seduced by family to get out of the house and wander around Beacon and the Storm King Art Center, so I am only finishing this Daily on Monday, not Saturday as planned.
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The New York Times held its inaugural New Rules Summit 26-27 September in Brooklyn. As they say,
New Rules of Leadership for a New Kind of World
On September 26–27, The New York Times will bring together powerful leaders from across industries for its inaugural New Rules Summit: Women, Leadership and a Playbook for Change at the new 1 Hotel Brooklyn Bridge in Brooklyn, N.Y.
This ambitious conference builds on a year of the Times’s Pulitzer Prize-winning reporting on gender and the workplace – and takes the discussion into the realm of real solutions. The goal is to identify new rules of leadership for a new era — and help decision-makers of all kinds of organizations create inclusive, equitable cultures that empower women to succeed.
Celebrated Times journalists will moderate lively discussions with a breadth of luminaries to explore key issues with fresh perspectives - and uncover provocative new insights from business, culture, policy and other vital areas.
The outcome will be high-impact and concrete: central to the program are special working sessions in which participants collaborate to propose specific actions that decision-makers can take to drive change in both the public and private sectors. These findings will be published in a special section of The New York Times, inspiring a new playbook for change.
The paper has published a special section with highlights. You can also see videos here
A sampling of some of the stories:
At the New Rules Summit in Brooklyn last week, The New York Times gathered 250 of the boldest, most powerful, most successful leaders across business, politics and culture to consider that question. We asked them to explore some of the challenges women face and to come up with practical recommendations for change that businesses, policymakers and even individuals could enact. Although The Times convened the event, we left the hard work of generating the recommendations to our guests. This section is the result: a playbook for change.
Susan Chira, a former New York Times deputy executive editor and Pulitzer Prize-winning reporter on gender issues, and Jessica Bennett, The Times’s gender editor, sat down recently to talk about #MeToo, the recent Christine Blasey Ford, Brett M. Kavanaugh hearings and what has changed for working women.
[…] BENNETT The title of our conference last week was New Rules Summit, and I want to talk a bit about how the rules of the workplace have — or haven’t — changed. I am on the oldest end of the millennial generation and was very much a child of 1980s girl power — taught I could achieve anything I set my mind to. It wasn’t until my first job, at Newsweek in the early 2000s, that I began to realize that that seemingly feminist utopia I’d been raised in (it was Seattle; I had feminist parents) had not trickled down (or up?) to my own place of work. But it was confusing in a lot of ways, because I was so sure that women could do everything that men could.
So when I was passed over for promotions, or interrupted constantly when I spoke, or had my ideas stolen, or realized I was making thousands of dollars less than my male counterpart, I suddenly thought: Am I the problem? Am I not good enough? It took me learning the story of a group of women from another era — the women of Newsweek, who sued the magazine for gender discrimination in the 1970s — for me to realize, oh hey, this is a pattern.
Slack Actively Preparing for Early 2019 IPO | Maureen Farrell reports that Slack is going public:
Slack Technologies Inc. is actively preparing for an initial public offering in the first half of 2019, with an eye toward going public as soon as the first quarter, according to people familiar with the company’s plans.
Slack expects it could achieve a valuation well in excess of roughly $7 billion—the level at which a recent round of financing valued the company, these people said. Still, valuations can change until a company prices its IPO.
I have been predicting the acquisition of Slack, but that doesn’t look like it’s happening, after all.
M.B.A. Applications Keep Falling in U.S., This Year Hitting Even Elite Schools | US MBA admissions are falling, says Kelsey Gee:
The decline in M.B.A. applicants hadn’t affected top business schools until now, even as smaller programs such as those at the University of Iowa and Wake Forest University closed their flagship two-year programs citing weak demand. A handful of large, top-tier M.B.A. programs such as Harvard Business School and the University of Pennsylvania’s Wharton School last year received a little more than half of all business-school applications, according to recent GMAC data.
Harvard Business School received 9,886 applications for this fall’s entering class, down 4.5% from last year—the biggest drop since 2005. Applications to Wharton fell 6.7% to 6,245. At Stanford’s Graduate School of Business, they slid 4.6% to 7,797. Such top schools are still receiving many more applications than they can accept, but the declines mark a reversal after years of growth.
The theory is that people are discouraged in pursuing business degrees because they don’t lead to enough additional pay to warrant the debt load, and shorter, more specialized degrees have chipped away at even the most prestigious MBA programs.
And, as we are seeing a shift to new ways of work, the demand for MBAs in middle management is falling too.
source: WSJ
Quote of the Day
The future is still so much bigger than the past.
| Tim Berners-Lee, One Small Step for the Web…
Berners-Lee announcing the Solid platform and the formation of inrupt, the company building it.
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Stowe Boyd, 17 South Cedar Street, Beacon NY 12508