Whether we like it or not, we learn a lot from our parents-including how we handle money. In fact, 30% of our financial behavior-good and bad-can be attributed to genetics, according to a 2015 study by the University of Washington that examined the financial decisions of identical twins.
A year after pledging to do more on racial injustice, Microsoft releases report on progress | GeekWire
Microsoft has laid out a broad initiative following the murder of George Floyd, setting goals for increasing the racial diversity of its employees, working to support racially diverse company partnerships and suppliers, and bolstering Black communities nationwide. Elizabeth Umphress, professor of management at the UW, is quoted.
‘Quite the conundrum’ as Washington businesses struggle to find workers | MyNorthwest
By May of 2020, more than a million Washington state residents had filed for unemployment benefits and other assistance due to the pandemic and related closures. Now, with the state poised to fully reopen on June 30, many Western Washington employers are sounding a similar refrain: They can’t find enough workers. Jeff Shulman, professor of marketing at the UW, is quoted.
Why are there so many shortages at once? | KUOW
From groceries to lumber, the rise in demand for various goods is pushing prices up and inventories down. Couldn’t we have prepared for so many shortages? And how long will they last for? Debra Glassman, teaching professor of finance and business economics at the UW, is interviewed. [This is the first segment on “The Record”]
How to deal with burnout when returning to an office and public life | CNBC
This newfound autonomy among people working remotely could be key to improving work-life balance, managing mental health and reducing some symptoms of burnout. Yu Tse Heng, a doctoral student in management at the UW, is quoted. Kira Schabram, assistant professor of management at the UW, is mentioned.
What entrepreneurs have learned from the COVID-19 pandemic | The Wall Street Journal
The pandemic has hit small businesses hard, with millions failing and countless others teetering on the edge of collapse. The survivors have learned hard lessons about keeping a company afloat through a crisis. Alicia DeSantola, assistant professor of management and organization at the UW, is quoted.
Funeral planning idea wins $25k top prize at UW student startup competition | GeekWire
The team of UW students behind AfterLife Listings, whose mission is to simplify planning and transactions related to burial plots, has won the $25,000 grand prize in the 2021 Dempsey Startup Competition hosted by the UW Foster School’s Buerk Center for Entrepreneurship. AfterLife Listings is made up of co-founder Aidan Shev, co-founder Clara Kobashigawa and UX designer Brendan Tran.
The benefits of kindness | BBC
Kira Schabram, assistant professor of management at the UW, talks about how compassion and kindness can help prevent burnout at work.
How Melinda French Gates’ fortune has ‘transformational potential’ to boost women’s equity | GeekWire
Observers are eager to see where Melinda French Gates will take Pivotal Venture, an organization she created promoting initiatives that empower women and families. Emily Cox Pahnke, associate professor of management and organization at the UW, is quoted.
Former Secretary of State Sally Jewell joining the UW | KUOW
Former Secretary of State Sally Jewell is joining the UW as the Edward V. Fritzky Endowed Chair in Leadership at the UW Foster School of Business for the 2021-2022 school year.