Management Professor Notes II welcomes the Carnival of the Capitalists

the June 18 edition of the carnival was hosted last week by Blog Business World, and this week, it is my turn to host. There were an impressive number of submissions, which I have clustered into themes. Enjoy clicking through to read this sampling of bloggers' thoughts about new books, organization and HR management, self-management, business startups and entrepreneurship, managing risk, investing, and public management and politics!

New Books:

Businesspundit highlights Ben Casnocha's My Startup Life: The Story of a Teenage Entrepreneur. It was interesting to get a glimpse into what Ben has been up to, since I joined the chorus in the summer of 2005, trying to convince him not to write off college. (Here's my old post on graduation speeches and the value of college.) It's good to know that he's entering his freshman year this fall, even if he couldn't pull himself away from California -- he will be attending Claremont McKenna, in LA.

SophistPundit offers a critique of the notion of the right price in Sunstein's book, Infotopia: How Many Minds Produce Knowledge.

Organization and HR Management:

Leon Getter of SoxFirst identifies five warning signs that you are working in a psychotic organization, so that we can watch for the telltales and get out before too much damage is done to ourselves or our coworkers.

Wally Bock at Three Star Leadership reviews the apprentice process in his post on Are Leaders Born or Made?

Jim Stroup at Managing Leadership discusses knowledge management in his interestingly-titled post on Pushing the string. (I've always liked this metaphor of management as trying to play a piano with spaghetti instead of hammers to strike the piano strings!) Jim offers valuable guidance about how to implement a knowledge management system effectively.

Wayne Hurlburt at Blog Business World on problems that can arise when employees do not receive equitable treatment, in his entry Employee relations: Separate sets of rules. Wayne provides an excellent reminder that while intentional rewards for high performers may make sense, sloppy preferential treatment and discrimination won't pay.

On a related note, at MoneyWalks, how to avoid employee lawsuits offers some practical guidance on staying away from legal trouble.

Steven Silver at Scatterbox writes about the proliferation of C-level titles and offers his theory for who is to blame.

InventureGlobal offers a post on What Big Oil Can Stand to Learn From Google.

Jeffrey Stain of SavingAdvice sends this link with excellent tip for maximizing efficiency: The Stand-Up Meeting, the Best Meeting You'll Ever Attend.

Charles H. Green at Trusted Advisors asks Attract and Retain: People Strategy, or Roach Motel Ad?


FreeMoneyFinance explores consumer ethics in a post asking what do you do when a business makes an error in your favor?

This week, Randy's career advice is to learn to invent and reinvent your future.

The Work-Life Chronicles blog explores work hours of professionals, and asks how people manage their work routines so that there is also time to "play hard" -- click through if you'd like to share your approach to this eternal dilemma.

At the Scratching Post, read musings about the connection between Craig's List and the cost of living.

From QueerCents comes a post on Using Cash in a Cashless World, and a story about financial self-restraint that reminds me of how my grandparents stayed on track with family finances for their 65 years of marriage (hint: it's either in the envelope, or it isn't.)

From College and Finance come 7 surefire ways to save serious cash in college, with some potentially unpopular, but straightforward, strategies for keeping coins in your pocket. (My other tip: The library is free, or at least included in your tuition!)

Business startups and entrepreneurship:

At Grad Money Matters, consider reading this interview with real-life student entrepreneurs. (There is also a collection of frugal living tips in the left sidebar at Grad Money Matters, if you are still looking for suggestions after reading the College and Finance post about saving money in college!)

Matt offers an answer to the question, Is traditional publicity dead? at his Creative Advertising Blog.

Jack Yoest offers an answer to the question, "What is the best way to get a referral?"

From B2B Revenue Generation comes an analysis of the role of revenue in cash flow, in which Jim Logan reminds us that "the time to worry about cash isn’t when you need it" and suggests some ways to think ahead (including always aiming to generate referrals and other new revenue leads!)

On offer from Good Customer Service Blog is a very memorable story about why customer service matters, entitled the president murdered grandma! And from Small Business Buzz comes a post on how to differentiating your business via quality customer service.

Scott Allen at Entrepreneurs.About.Com is preparing for an interview, and wants to know what questions should I ask the founders of OneCoach? We hope that several readers will click through to share their questions with Scott.

Managing risk:

From The Digerati Life comes 8 different ways to diversify and manage risk, which discusses alternative strategies for intentionally varying the types of investments in your portfolio.

From Atlantic Canada's Small Business Blog comes Small business risk management strategy, providing a helpful guide to identifying and analyzing risks in the small business context.


At Trader's Narrative, a useful fuide to investor networking sites is on offer.

At Finance Is Personal, Debunking Mutual Fund Naysayers makes a case that investing in mutual funds is still worth considering. (This was a great relief to me, since all my retirement investments are in mutual funds!)

On a related note, The Skilled Investor offers 18 low-cost S&P 500 index funds.

Econbrowser explores the pros and cons of oil shale as a potential source of gasoline in the post entitled oil shale hits a freeze.

Davis Freeberg criticizes the ad that was run in Investors Business Daily on June 1st in his post, Golden Dragon or Sleeping Snake?

The Time and Money Group blog asks the question, Is it too late for Eric Bollinger's agriculture stock play?

At CapForge, the next Starbucks is a healthy restaurant business -- think Pinkberry's, or McTasty's. If you're looking for a market niche, be sure to read this post!

At Starting a Small Home Business, learn more about licensing as a path to wealth.

Public management and politics:

Public Diplomacy Watch comments on the creation of a new category of Fullbright fellowships in the post MTV diplomacy.

From Divided We Stand, United We Fall comes a thorough report on how investors respond to our current state of US politics, concluding that Investors still love divided government. (Don't miss the animation of the elephant cozying up to the donkey.)

Zenofeller thinks their may be a need for some policy regarding shopping websites, despite the manifest advantages of obsessive compulsive disorder.

Bob Vineyard at Insureblog asks what's in your wallet? with an interesting report on preferences for different forms of healthcare.

Forex Blog explores the question How does terrorism affect your investing?

That's all in the carnival of the capitalists for this week, folks! A host is still needed for next week, so if you are interested, read the hosting instructions over at Bizosphere and consider putting your hat in the ring.


What a robust carnival! Great to see such scholarship

Posted by Ferdie Frederic on June 26, 2007 07:08 PM

The capitalists are going to probably shift their capital soon to China. I think China's stock market has taken a beating but would break the 5000 mark before the Beijing Olympics is 2008.

Posted by Edmund Ng on June 28, 2007 05:17 AM

Interesting comments, especially be students being entrepreneurs. For online business start-ups, the way to make money online is only going to get harder. Many think that just because you open up a website, you are going to make money. However the real $$ only comes to those who provide useful and meaningful content to their visitors.

Posted by Andre on July 18, 2007 09:55 AM

Meaningful content is absolutely key -- I could not agree more, Andre.

Posted by Sandy Piderit on July 22, 2007 12:21 AM

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