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Daily Archives: March 12, 2011

NYT: Google's Quest to Build a Better Boss

NYT: “In early 2009, statisticians inside the Googleplex here embarked on a plan code-named Project Oxygen. Their mission was to devise something far more important to the future of Google Inc. than its next search algorithm or app. They wanted to build better bosses…Project Oxygen is also unusual…because it is based on Google’s own data, which means that it will feel more valid to those Google employees who like to scoff at conventional wisdom. Many companies…adopt generic management models that tell people the roughly 20 things they should do as managers, without ranking those traits by importance. Those models often suffer “a lot of organ rejection” in companies, he added, because they are not presented with any evidence that they will make a difference, nor do they prioritize what matters…In Project Oxygen, the statisticians gathered more than 10,000 observations about managers — across more than 100 variables, from various performance reviews, feedback surveys and other reports. Then they spent time coding the comments in order to look for patterns.”

BLS – Employment Situation Summary, March 2011

News release: “Nonfarm payroll employment increased by 192,000 in February, and the unemployment rate was little changed at 8.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in manufacturing, construction, professional and business services, health care, and transportation and warehousing. Household Survey Data: The number of unemployed persons (13.7 million) and… Continue Reading