Womenomics

Womenomics, by Claire Shipman and Katty Kay, is a motivational book targeted at women who seek a work/life balance.  While the advice follows that of other work/life balance books, the delivery is uniquely targeted at women.  The book starts with a discussion of market forces that increase the value of women in the workplace. Then identifies the actions that women should take to build true work/life balance.

1. With baby boomers retiring, there will be a lack of X and Y generation workers to fill existing positions.  Professional women with education and experience will find themselves highly sought after.  Indeed, women are more educated than ever before, holding over 55% of undergraduate and graduate degrees.
2. The "female" management style, which is often more collaborative and communication focused, is increasingly important in today's information based work environments.  Studies of Norwegian and British firms have shown that leadership teams with more women generate more revenue and profits than their counterparts.  
3. Women make decisions on over 85% of household spending. Firms that employ women will be more successful at catering to women's tastes and therefore win more of their spending.
4. Guilt is a useless emotion.  
5. The number one demand from working women is flexible hours.  

Outliers

Outliers is a book by Malcolm Gladwell that answers the question: "How did outrageously successful people, these outliers, get to where they are?" Through exploration of athletes, entrepreneurs, and scientists, Gladwell makes the case that these successful outliers is a product of every society through a combination of upbringing, opportunities and timing. The popular notion that personal success is the result of genius and hardwork is faulty. Rather, Genius and hardwork is only the beginnings of a potentially successful life. The person's community and society plays a larger part in determining success.

1. The perfect birth date for a Canadian hockey player is in January. Due to the January 1 cut-off date for the Canadian drafting season, boys born in January will always be larger than their counterparts during selection. This small difference in size in the beginning then triggers a waterfall of advantages for the January boy. This drafting cut-off has since been updated to four different dates throughout the year. But arbitrarily selected cut-off dates in society can have profound impacts on an individual's chances in life.
2. Chinese children test better in math because of their language structure and rice-agriculture past. Chinese numbers are all single syllabic and logically constructed. As a result, Chinese-speaking toddlers can easily count to 100 while English-speaking toddlers can only count to the twenties. Math is also a subject that requires persistence, and persistence is a highly-valued Chinese trait as evidenced by folklore and poems throughout Chinese history. Gladwell postures that the importance of persistence was a construct of rice-agriculture, which requires heavy management and rewards the harder working farmer. These two features of Chinese culture, emphasis on persistence and a simple and logical language for numbers, gives Chinese children a distinct advantage when it comes to mathematics.
3. Disasters are most often caused by a series seven micro events rather than one large event. This was the case for airplane crashes, which are usually caused by some combination of poor weather, tired pilots, decreased visibility, equipment failure on the plane, equipment failure on the airport, and mis-communication.
4. Twenty-one is the perfect age to be when societal opportunities present itself. Consider Rockefeller and Carnegie who were born in the 1830s and in perfect maturity to take advantage of the oil boom. Or Bill Gates, Bill Joy, James Gosling and Steve Jobs, all born in 1954-1955 and in perfect maturity to take advantage of the computer revolution. A twenty-one year old is young enough to accept the risks of a new opportunity while old enough to appreciate new opportunities. Twenty-one year-olds are also old enough to have earned 10,000 hours of practice in some discipline in preparation for said opportunity.
5. You don't need to be the smartest, you just need to practice for 10,000 hours. Those who succeed are all smart enough, but not necessarily geniuses. At some IQ mark, increased genius has a diminishing return. Rather, practice of 10,000 hours is what differentiates the winners. This is true in musical "geniuses," computer "geniuses" or even science "geniuses."

Urbanized

Urbanized is a 2011 Gary Hustwit's film that looks at the issues are strategies behind urban design.  The film explores urban design projects from around the world.

1. Fifty percent of human population live in urban areas. This number is projected to increase to 75% in 20 years.  Countries who manage this migration poorly will end up with many slums.  
2. Slums are areas without infrastructure such as plumbing, sewers and electricity.  The highest risk of slums is health and sanitation.
3. Supplying elegant housing can be affordable too.  In the Chile region of Lo Barnechea, low income housing was enabled at $10,000 per unit in an otherwise extremely expensive area.  By involving families in the design process, the builders provided partially finished units that families were happy with.  The collaboration helped builders properly prioritize housing details such as installing bath tubs instead of water heaters, and allow residents to upgrade to water heaters on their own later.
4. Bus-style subways costs 40 times less than underground subways and has the added benefit of flexibility. As the city grows and shifts, new dedicated bus lanes and terminals can be easily added. An example is the Transmilenio system in Bogota, Colombia. 
5. Human eyes can see 100m by 100m comfortably.  Beyond 100m the ability to discern detail drops off dramatically.  That is why most established plazas and squares in the old world are within the 100m by 100m size.

Hug Your People

Hug Your People is a business book by Jack Mitchell, the CEO of luxury retailer Mitchells. In his book, Mitchell uses human stories of his associates to educate the reader about the importance of "hugs" in a high morale work place.  Hugs include any act of personalized kindness which may take the form of a kind word, a compliment, a gift, a card, a handshake, a bear hug, a letter, or a bonus.

Five Lessons from Hug Your People:

1. Set Expectations instead of Rules.  Expectations are based on Trust, a good foundation for lasting relationships. Rules are based on Distrust, not a good place to start.
2. Hire Nice people, especially relevant for the retail business Mitchell is in. Nice people care about others, and build strong lasting relationships. You can train people how to be nice and give 'hugs.'  But the person has to be willing in the first place.  
3. Get to Know at least 100 associates you work with.  Know them by first and last names, and learn about their family, passions and aspirations.
4. Start and End meetings and emails with a personal touch.  Ask about family, passions and aspirations. Ask associates to share a personal update at the beginning of each meeting to get on the same page and learn more about each other. 
5. Take a Trip to the Moon. See yourself interacting with others from a different perspective. 

Should I get an MBA?

It's been a year since I graduated from Presidio.  People considering MBAs ask me whether doing an MBA is worth it and whether Presidio is worth it.  So I'll share my thoughts lest it helps you decide on this fork in the road.

The real value of an MBA depends on two factors:
1. Personal Growth
2. Network



Personal Growth
Presidio helped me grow as a person.  My MBA experience helped me understand people and the world in a different context from my engineering undergrad.  In pure engineering, issues are black and white.  There is a right and wrong answer that yields a working or non-working product. And while there are trade-offs involved, there is often a formula, or at least a partial formula, that is useful for optimization.  In business, there are many more moving parts with no correct answers.  The answer is always "it depends."  Much of the depending is linked to other people.  So having a context for working with others in a group is important.  My MBA helped me understand how to work with others most optimally.  I learned the difference between managing and leading.  I picked up frameworks for understanding human group psychology using tools such as 5 Dynamics.   I learned the importance of words, stories and cultural context in team work and leadership.  While the one-line conclusions of such lessons may hardly surprise you, hearing the lesson and living the lesson are two very different things.  During my MBA, I had a chance to read about, discuss and actually live these teamwork and leadership lessons.   And because Presidio is a young school, I had a chance to experience change management as a part of the organization.  While you may have a chance to learn these lessons in your career, having a safe place to explore these lessons is valuable. Since MBA is the broadest grad degree available, no matter your undergrad and career background, you will have a chance to learn outside your comfort zone and expertise area.  You will also connect with others who have expertise different from your own.  And that brings me to the next value factor, network.

Network
Every school has its network.  In a world where select MIT and Stanford classes are available online for free, this alumni network is ultimately what you are paying for.  Only one year out of graduation, I do not have enough data yet to gauge the value of my network.  At Presidio, we had a small but very tight-knit network of people who want to make a real difference on the planet.  I found my startup co-founder at Presidio, and connected with a potential customer through the network.  It is still too soon to tell the end of the story.  However, the network is important to examine in the course of an MBA selection.  Generally, a larger, more established school will give you a larger network, and a smaller, more niche school will connect you with a tighter group of passionate people who share your values.  Both are valuable, depending on what you want to achieve.

Feel free to leave me a comment if you have questions. I'm happy to share my experience about Presidio.

Six days til graduation

Two weeks ago, I caught myself reminiscing about my experience at Presidio while driving with fellow students to one of our last few presentations for Presidio.
It was a business plan pitching session for Capstone class. As I watched fellow students gave pitch after pitch of presentation perfection, I realize how far many have gone on their journey. Presentation ability is one of the trained qualities at Presidio. Many who have been shy in front of crowds have truly conquered their fear. I always had little fear in front of crowds. But I fear. As I step out of the comfort of student status and make belief work, the burden that lies before us seems insurmountable. Even with a community as courageous in thought and action as Presidio to work with, the challenge still seems too great. The need to completely re-invent the way we do things, the very culture of production and consumption, is monstrously large. I have hope that, at least in the Bay Area, sustainability is not a foreign word beyond Presidio walls. But the challenge is there all the same. With clarity comes confusion again. With the understanding of sustainability and the vision of an idyllic future, comes the tormeting desire for said future, and the fear that we will not get there in my lifetime.

Well, "Do or Die" as they say.

Presidio video

Check out this video about Presidio Graduate School.  It really conveys the sense of community and care that Presidio provides.


Fall Info Session from Presidio Graduate School on Vimeo.