advertisement advertisement All across the United States, nay all around the world, the message about higher education is uniform: More people should go to university. President Obama has repeatedly stated on record that “by 2020 America will once again have the highest proportion of college graduates in the world.” The Lumina Foundation is working to increase the proportion of Americans with degrees to 60% by 2025. That would be a huge increase because currently less than 30% of adults in the United States have a degree. The demand is not limited to the United States alone: According to UNESCO, India could build a new campus every two weeks until 2025 just to account for the demand. During the short seven months I spent at college, I, like so many other college freshman, took Economics 101. I may not be able to explain a giffen good, but I do recall one thing about the economics of scarcity: As you create more of a commodity it becomes less valuable. Gold is … [Read more...] about Education’s Economics Of Scarcity
If you’re looking for thoughts about the way people work, look to Dave Gray, whose book The Connected Company helps organizations arrange for maximal ass-kickery. In a new post on Medium, he shares a few of those insights about motivation. advertisement advertisement When we think about motivation at work, Gray says, awful phrases like “incentive plans” get bandied about. We talk about extrinsic factors like compensation, bonuses, and goals. These are all obviously great, but they miss out on intrinsic motivation, like Dan Pink talks about in Drive. Gray paraphrases Pink–and I’ll paraphrase him here–saying that in a complex, new-solution-centric world, the intrinsic motivations of mastery, autonomy, and purpose are at the core of motivation. The key, then, for proper alignment is a balance of these motivating factors. “The great innovators in business did not succeed on creativity alone,” Gray writes, “their success was a … [Read more...] about The Motivational Power Of Working In Pods
It’s office-party season, which means, time to get your dranky-drank on!! advertisement But wait! You don’t want to get so sloshed you end up doinking your secretary and accidentally running a lawnmower over someone’s foot. This stuff happens! Okay, maybe just on TV. Still. It’d be a damned shame to get fired for ladling yourself one too many cups of egg nog. So here’s a handy guide that lays out how much you’re allowed to drink depending on where you fall in your office’s pecking order. Note what’s going on here: If you’re relatively low in the org chart, the idea is that you shouldn’t be drinking too much because that’ll draw disapproval from most everyone. (You don’t want give people the first impression that you’re the one drunk with your skirt tucked into your pantyhose.) Likewise, if you’re in the upper ranks of management, you can’t get too drunk because the possibilities for … [Read more...] about Infographic Of The Day: How Drunk Can You Get At Your Office Xmas Party?
Moshi Monsters is already a $100 million multi-platform children’s game, toy and book franchise, and one of the Toys”R”Us hot toys of 2011, but I was skeptical about the company’s “transmedia” ambitions. After all, every animated kiddie creation wants to model itself on Disney and branch out into everything from plush toys to television. Then I learned of the long entrepreneurial road that Mind Candy CEO Michael Acton Smith took to bring his game-turned-kids-toy to life, and realized he’s a classic Innovation Agent. advertisement advertisement Smith’s first enterprise was a nerdtastic shopping site called Firebox that used to get a fair amount of coverage when I was at Gizmodo. Then I crossed paths with Smith when he was preparing to start an alternate reality game called Perplex City, in which players had to work together to solve puzzles across different kinds of media in order to win a $200,000 cash reward. … [Read more...] about How Michael Acton Smith Got Out Of Perplex City And Found Moshi Monster Success
Social cause is not just about writing a check and mailing it to your favorite charity every year. No, not for the newest wave of non-profits. This up-and-coming generation of charities is developing innovative financial structures, embracing the power new social technologies to engage audiences, taking big risks and changing the face of entrepreneurship and social cause in the process. advertisement advertisement “At first, we had all of these naysayers.” says Matt Flannery, founder of Kiva — a microlending non-profit. “Experts said, ‘That’s an interesting idea for advertising, but that can’t scale. How can thousands of people from Uganda, Cambodia and Tanzania–random places where the Internet doesn’t work so well–post their pictures and get people to lend to them?’ The idea did seem crazy,” Flannery noted. “But we weren’t thinking it was going to be a multimillion-dollar business.” … [Read more...] about How Charity Newcomers are Revolutionizing the Non-Profit Sector