In the News
Everyone dreams of the advantages of working from home: the additional flexibility; the time saved by not commuting (or getting dressed!); the ability to slip out to run an errand with the boss none the wiser. Whether the arrangement ultimately benefits the employer depends on the individual worker, of course. But new research shows that, regardless of the reality, the perception of telecommuting leads at-home workers to get smaller raises, fewer promotions, and lower performance reviews.
Though it’s easy to rationalize skipping lunch or eating at your desk, the break can actually be good for your productivity. Kimberly Elsbach, a management professor at UC-Davis who studies the psychology of the workplace, says getting away from your desk can provide a boost in creativity.
It’s 1:30 p.m. on a weekday, and Yen Ha and Michi Yanagishita have left their office to munch hot dogs and French fries at one of the oldest bars in New York. Elsewhere in the city harried professionals are sitting at their desks and shoveling food into their mouths while they write memos or reply to emails. But Yen and Michi do not care. They are out to lunch, and they don’t feel guilty about it.
Many of us lament the dramatic contrast between our vacations and the faster pace of our work lives, but are generally remiss to change because of feelings of career vulnerability or weakness that we fear it could project. However it is increasingly clear that our personal and professional lives stand to benefit from change that eases these mounting pressures and strains. It is time to embrace “slow work.”
When Rachel Smith met with her first financial adviser, he talked to her like she was five years old. “He was an older guy who was very condescending, and saw me as a young, inexperienced woman who didn’t know anything.” Fortunately, that kind of treatment is becoming less common, as financial advisers wake up to the fact that women control a lot of money and make good clients.
This fall, the University of California-Davis is launching one of only two UC master’s degrees in accountancy, and part of the university’s mission is to jettison the old notions about the profession.
“Accounting is way beyond the Dark Ages of the green eyeshade,” said Will Snyder, executive director of UC-Davis’ new program. “You have to be a dynamic person, a global thinker. … Accounting can be very creative and a good way to make a difference.”
On Wednesday, June 27, NewWOW members and guests attended a virtual roundtable featuring Kim Elsbach, Professor in the Graduate School of Management at the University of California, Davis. She spoke about “Passive” Face Time and Territorial Imperatives.”
Wanna be a boring accountant? It’s not the mind-numbing, number-crunching career that many assume, as many recent college graduates can attest. This feature dives into hiring trends and projections to reveal the huge demand for new accounts and identifies our new Master of Professional Accountancy program as an idea path to embark on this career. Citing professor Bob Yetman and Executive Director of the MPAc program, Will Snyder this article is a must read for anyone considering a career in accounting.
The Graduate School of Management was named one of MBAPrograms.org’s top 50 most interesting business school websites, citing highlights of the school’s MBA student experience from campus events to alumni success stories, new program announcements, and stories about the recent student trip to meet Warren Buffett as well as the Ignite Entrepreneurial Conference.
Kimberly Elsbach, a professor at the University of California at Davis Graduate School of Management and Daniel Cable, a professor at London Business School, say their research shows that employees who work remotely may wind up with lower performance reviews, smaller raises and fewer promotions, even if they work just as hard and as long as colleagues who go to the office every day.
This article, about the plans of state pension funds CalPERS and CalSTRS to stick with JPMorgan Chase even after its recent $2 billion loss, cites Professor Brad Barber, who has studied CalPERS shareholder activism in his research.
This article reports on Professor Paul Griffin’s study, “Going Green: Market Reaction to CSR Newswire Releases,” which showed that a company’s voluntary disclosures about their greenhouse gas emissions increased returns for shareholders.
This article reports Assistant Professor Hema Yoganarasimhan’s recent paper, “Impact of Social Network Structure on Content Propagation: A Study Using YouTube Data,” which studied how a YouTube author’s network contributes to the popularity of videos they post.
This article, about how broker fees can hobble a retirement portfolio, cites Professor Brad Barber’s study with UC Berkeley’s Terrence Odean, “Trading Is Hazardous to Your Wealth.”
Coordinating Traditional and Renewable Energy Sources
Mathematicians Address Complex Issues in Electricity Supply
Professor David Woodruff was one of two UC Davis professors recently awarded grant funding from the U.S. Department of Energy to research optimal ways to integrate traditional energy sources with new renewable energy sources. This article describes Woodruff’s contributions to the Green Electricity Network Integration (GENI) project.
This article, based on Facebook COO Sheryl Sandberg’s Class Day speech at Harvard Business School last week, cites Professor Kim Elsbach’s research about crying at work.
Mark Zuckerburg’s management of Facebook’s evolution is a good illustration of one of the dilemmas of being an innovator: when and how do you go to market? This article quotes Professor Nicole Biggart about the difference trial markets can make before a product launch.
The Graduate School of Management was among the top 50 business school campuses in the world, based on location, facilities, professors, and overall campus culture. This list at MBAPrograms.org includes some of the top MBA programs in country and cites the Graduate School of Management’s “give back” culture among students that extends from its academic programs to its extracurricular activities like the popular Big Bang! business plan competition and the Challenge for Charity.
This article cites Professor Brad Barber’s research that analyzed account data for more 35,000 households at a large discount brokerage and showed that on average men were worse stock traders than women.
Economists have a name for the cues companies employ to convey their hidden strength: signaling. This article quotes Professor Hemant Bhargava, who studies marketing and competitive strategy in technology products.