A century of success: Lincoln Electric’s long vision

Christopher L. Mapes, chairman, president and CEO of Lincoln Electric Holdings, Inc., accepted the W. P. Carey School’s Dean’s Council Executive of the Year Award on April 8, 2015. The firm is famed for its organizational culture, which is based on lifelong employment relationships and excellent performance.

Celebrate, it’s good for you

There is nothing like hearing positive, sincere words about your work. The performance enhancing value of praise and personal attention from the boss were uncovered in a McKinsey survey of 1,000 executives. Results showed that these non-cash motivators were no less or even more effective than financial incentives such as a pay raise or bonus.

Be alert to gender biases that can poison a workplace

In “Why girls do better at school than boys,” The Economist shared a study this month that suggests female students are performing better in school than male counterparts; it also demonstrated presumably unconscious biases of teachers toward female students. We may not be able to change certain thoughts or tendencies, but we can work to be more aware of them and find ways to ensure they do not influence the decision-making process.

Laptop

A college degree can deliver business benefits

Should you get a degree if I want to start a business? If you are exploring starting your own company, and you think that getting another degree will catapult you to success, think about these things.