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Invest your time. For example, you might like having free time, so you give yourself a few hours a day to do nothing. But if you were to invest those few hours into getting rich, you could work towards having 20 years of free time (24 hours a day!) with early retirement. What can you give up now in exchange for being rich later? Investment advisor Dave Ramsey likes to tell his radio audience, "Live like no one else today so that you can live like no one else tomorrow."
Protect yourself: In the end, you also need to protect yourself and your wealth, from yourself (doing something stupid with your savings) and others. Insurance, legal corporations, rainy day savings funds, tax shields and so on, there are many ways how you can protect yourself and your wealth. If you're asking from what? From accidents, the government, market melts, sneaky salesmen and even from yourself is the answer.
Getty illustrated the purpose and value of having money. He reviews three different mentalities toward work, toward achieving and investing one's time. Basically, it's how you spend your time. Do you spend it working for other people, going home at the end of the day being like everyone else? Do you rise to the top, investing in what you do, in hopes that if your company succeeds, you do? Do you work for yourself? Create? Invest in yourself, for yourself? The book begged the question, "Who are you in terms of your values with wealth?" Very philosophical. Do you help others with it? Stockpile it and not help a soul? Do you blow it all? Do you save? It only means what it means to you. I like this book. I liked Getty.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
Find a profitable niche: We've talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that'll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
For that reason, the story of an iconic online marketing legend and founder of, Real Estate World Wide (REWW), Kent Clothier, is one of the most inspirational modern-day fables about, not just attaining wealth at the highest levels, but also in reinvention, revitalization and the ability to produce multiple streams of revenue even when you're emotionally and spiritually bankrupt. This is an individual who played an integral role in building up a nearly $2-billion-dollar-per-year grocery-arbitrage business, but then walked away from it at 30-years old with no ownership retention.
Go hunting or foraging for food. You may need to invest in gear and permits, but if you already have these, this is an inexpensive way to get your own food. If you're ethically against the killing of animals, it's pretty easy to forage for food, depending on where you live. Just make sure to forage only for food whose origin and properties you are sure of. Getting sick or poisoned is never any fun.
Keep in mind though, you don't need a website to do sponsored content since you can also get paid if you have a lot of social media followers. My wife has a pretty big Instagram following, and she gets all kinds of sponsorships. Not only does she get paid in cash, but we get a lot of free stuff, too. We've received free rugs, free lights, and free carpet cleaners. She only promotes things she loves though, so this strategy works really well for her.
Set up an account on Rover.com. Enjoy furry company once in a while? These days, many professional pet-sitters set up an account on Rover.com. With Rover.com, you can reach people in your area who are actively looking for someone to watch their dogs, cats, hamsters, or turtles, either in their home or your own. You can set your own rules and schedule and come up with your own pricing through the Rover.com pet-sitting platform.
Content is what drives web traffic. Websites are always pumping out fresh, new content for their readers, and they are always looking for writers! If you aren't quite ready to launch your own blog yet, this might be a good option to see if writing is for you. Since competition is high, we don't recommend starting from scratch as a freelance writer. Want to see success faster? Learn from a veteran, six-figure freelance writer.
Websites like Care.com connect parents with babysitters. The company does all the background checking and other due diligence to put parents' minds at ease. Of course, you can appeal directly to people in your personal network, but if you're looking to generate recurring revenue sign up with a site marketing to parents looking for child care services.
To test these websites, you'll be asked to visit the site in question and record your reactions and thoughts as you go through it. To get started making extra money online by testing websites, sign up for some of the most popular services like UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (for people outside the U.S), or Side Income Jobs.
You probably can't demand a raise from your boss, but there are a few simple ways that you can essentially give yourself a raise. Simple cutting out some of your major expenses, like canceling your cable or going out to eat less can save you hundreds of dollars every year. If you save $200 every month, you'll find yourself with $2,400 at the end of the year.
If you're serious about making money selling things online, it's pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don't need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you're promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I'm probably sounding like a broken record by now, but you need a niche that you're interested in and there's already a demand for. Come up with a list of topics you'd like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what's currently out there and popular.
Sometimes, it takes a little elbow grease to get there. Or, if you are running a business, it might take some late nights. Millionaires are willing to work hard and do things for themselves when they need to. Millionaires are also willing to do what it takes, even if it means taking on an unpleasant job. A millionaire also knows that this includes taking responsibility for his or her financial destiny, refusing to blame others for misfortunes and finding ways to make sure income streams are diverse.
Find your niche partners, collaborators, and champions: As you're creating your course, look for notable people who are also creating content in the space. Look att how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they'll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you're using one of the best CRMs for small business—and start building your own community!)
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As someone who's acutely interested in passive income and online marketing, I speak to a great deal of people who are successful, but rarely do I personally come across someone who's had such an immensely interesting journey that it screams attention. While success is certainly alluring, most people don't have the wherewithal to suffer through such life-altering and suffocating failures, and to not only reemerge on the shores of hope, but to create a life of sheer and utter abundance in the process.
One evening, late at night, during an infomercial, his prayers were answered. He discovered a system for wholesaling real estate and that's where he spent the $1,000 to grab it, at the time, being 25% of his net worth. However, within a matter of 21 days, he was able to use what he learned in that system to make $8,200. And although he had been making over a million dollars a year just several years before, that $8,200 meant the world to him.
If this is the first time you are hearing about this, though, then we actually do not recommend trying it. The average skill level of players on the Internet has improved so much over the past few years that it's virtually guaranteed that a new player will lose money over the medium to long-term. But hey, Ben made upwards of 6 figures playing online in poker in college, so we had to list it. 🙂
Earn money, spend less than you earn, save, invest, repeat the process. Embrace the Millionaire Mindset. After that, it's just a matter of time. Even if it takes years or decades, the process really is that simple. Of course, it may not seem as easy as I laid it out here, but it really is. Remember, this is not an overnight get rich quick scheme. It takes time, planning, and a little luck along the way.
We invite readers to respond with questions or comments. Comments may be held for moderation and will be published according to our comment policy. Comments are the opinions of their authors; they do not represent the views or opinions of Money Under 30. Comments have not been reviewed or approved by any advertiser, nor are they reviewed, approved, or endorsed by our partners. It is not our partner's responsibility to ensure all posts or questions are answered.
And while it will take time to build up a big-enough audience to attract advertisers and other ways to make extra income from your podcast, the opportunity is there. John Lee Dumas interviews entrepreneurs seven days a week for his podcast Entrepreneur on Fire and now makes more than $200,000 a month from it. In fact, John publishes all his income online and showed that he's made almost $13 million since launching in 2012.
The average Uber driver is said to make about $19 to $21 an hour after tolls and some other expenses are factored in — although I've seen other numbers suggesting it's closer to $16, and with Lyft, the average is said to be less (closer to $11). But on the plus side, you can generally get your money instantly, which wasn't always the case with these ride-sharing businesses.
This is an awesome book. It isn't a step by step book to riches but more of a common sense guide. Sometimes a little preachy but I loved how it covers a great deal of in depth details. My husband read the book years ago and kept recommending it to me. I'm an entrepreneur but my business seems to move slowly. This book helps you figure out for yourself where your weaknesses are. Maybe a little tough to read if you feel like you already know everything, but essential read if you expect to be successful.
As for other tips, all I can say is "a penny saved is a penny earned". If you are running out of ideas to make money, start saving. Some quick "low hanging fruit" tips to save some quick cash include – switch to MetroPCS or Boost for cellphone (I only pay $20/month), switch auto insurance to Insurance Panda ($25/month), and start using GasBuddy (saves me like $100/month at least. I drive a lot).
Ginger, you can charge easily up to 80 dollars on an average website construction service. Seperately, many post of being too you to complete some offers try squishycash, I'm fourteen myself and am finding it an excellent source of side income. Also for those 14 and up in my state you can ref for soccer games and get about fifty dollars each games.
Have a spare bedroom — or two? Making it available on vacation rental sites can provide a lucrative side income. For example, Airbnb hosts earn an average of $924 per month, according to data from Earnest, an online lender. If you're a renter, just make sure that everything is kosher with your rental agreement beforehand. Learn how to cash in on short-term rentals.
The path to becoming a millionaire becomes easier once you get the process started. It all starts at the beginning with small lifestyle changes. For example, making small lifestyle changes to reduce your fixed monthly expenses can go a long way toward helping you spend less than you earn. This, in turn, makes it easier to save a little money each month. Once you have a little cash saved, small emergencies are no longer emergencies and you are no longer treading water. This makes it easier to invest.
As an Instacart personal grocery shopper, you will actually be doing the grocery shopping yourself (so don't crush anyone's avocados!). Your compensation depends on several factors, like the average size of your orders and average number of miles driven per trip. You can also get tips in addition to the pay that comes directly from Instacart (most people report an average earnings rate of $15 per hour).
Another important personality trait to being successful and rich is patience. Nothing big is accomplished overnight, and you cannot and will not get rich in a matter of days. All the efforts you put towards accumulating wealth could take months or even years to pay off. It's easy to get frustrated early on, especially when it seems like there's a new wealthy person in the news every other day. However, realizing that your pace of success does not have to compete with theirs is crucial.
While it is possible to make a lot of money while working for someone else, the truth is that you should mind your own business. Start and grow your own business, no matter what it might be. Identify what you're really good at, and develop the skills into a business that you can expand over time. Don't look for instant payouts or overnight riches. The reality is that it's going to take time, so you might as well start now.
Disclaimer: The content on this site is for informational and entertainment purposes only and is not professional financial advice. References to third party products, rates, and offers may change without notice. Please visit the referenced site for current information. We may receive compensation through affiliate or advertising relationships from products mentioned on this site. However, we do not accept compensation for positive reviews; all reviews on this site represent the opinions of the author. Privacy Policy
In realistic scenario you can start saving your money in your early 30s. That gives you 30 years until retirement. The average yearly return rate you can realistically achieve is around 6 %. To have a million at these assumptions, you need to save $1, 000 every month to have a million dollars at your retirement. Interestingly, if you start saving 5 years earlier, you only need to put aside $700 each month.
Holly told me she started writing content in 2011. At the time, she still worked a full-time job but created content online part-time to supplement her income. Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing.


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Democracy at Its Best: Boulder County Extends Fracking Ban
"The time is always right to do the right thing." —Martin Luther King, Jr.
As I sat in the hearing room of the Boulder County Commissioner yesterday I witnessed citizen-led democracy in action.
In a unanimous vote, three Boulder Colorado County Commissioners voted to extend the moratorium on oil and gas drilling in the county for the next three-and-a-half years. The three Democratic party women not only voted against fracking until July 1, 2018, they did so with strong language and gusto as tens-of-thousands of wells loom just across the border in neighboring Weld County waiting to invade the Boulder County landscape.
Commissioner Cindy Domenico started off the discussion with references about the increasing concerns and impacts of fracking on the public's health. Commissioner Deb Gardner followed up by pointing out how fracking is related to climate change, and how Boulder County wants to be at the forefront of protecting the planet for future generations. Commissioner Elise Jones batted cleanup and knocked it out of the park with a discussion about the "industrialization of well pads in suburban housing communities" that she witnessed during her fracking tours in Weld neighboring county.
For their action, the commissioners will likely get sued by the oil and gas industry. Encana, one of the biggest oil and gas driller/frackers in the U.S., has several well permits hanging in limbo in Boulder County, as do other drillers eyeing the "Niobrara Shale" that underlies this suburban landscape.
In nearby Longmont, a city within Boulder County, the oil and gas industry has already sued to try to force fracking down citizens' throats, as they have in nearby Fort Collins, Broomfield and Lafayette. The fight against fracking continues to escalate in Colorado as citizens and their elected officials stand up against this powerful industry and its backers in Governor Hickenlooper's office and beyond (Hickenlooper famously boasted to a U.S Senate Subcommittee that he drank fracking fluid).
It wasn't always this way, even in Boulder County. Eighteen months ago, these same three Commissioner waffled and waxed, seemingly afraid to enact a long-term moratorium to fight this industry. It wasn't until the will of the people—hundreds of people—rose up and created a citizen-led movement that gave the commissioners the backing to stand up and fight this industry. A few days ago, nearly a hundred people spoke at the Commissioners' public hearing on this topic. Several groups formed to address the issue including Frack Free Colorado and East Boulder County United and then other groups like the Sierra Club jumped in to bolster the fences.
We're seeing this citizen-led democracy against the powerful polluters in the fossil fuel industry rise up across the U.S. With people-power backing, these three Boulder County Commissioners even had the moxie to make the vote themselves rather than pushing it off to a vote of the people in the next election. Good for them!
Democracy gets in your blood when you see it happen. It's uplifting, alive and a force of nature that makes the corporate zombies in the fossil fuel industry look like pawns on the battlefield of human history and justice.
We must keep fighting—every town, every county, every state and across the U.S. It's our moment in history to do the right thing, and it feels great.
Gary Wockner, PhD, is an environmental activist in Colorado.
Fracking Support Plummets Among Americans
Why Dr. Evil Is Targeting Anti-Fracking Activists as 'Big Green Radicals'
Groundbreaking Study Finds Cancer-Causing Air Pollution Near Fracking Sites
EcoWatch Daily Newsletter
Last week, the Peruvian Palm Oil Producers' Association (JUNPALMA) promised to enter into an agreement for sustainable and deforestation-free palm oil production. The promise was secured by the U.S. based National Wildlife Federation (NWF) in collaboration with the local government, growers and the independent conservation organization Sociedad Peruana de Ecodesarrollo.
The rallying cry to build it again and to build it better than before is inspiring after a natural disaster, but it may not be the best course of action, according to new research published in the journal Science.
"Faced with global warming, rising sea levels, and the climate-related extremes they intensify, the question is no longer whether some communities will retreat—moving people and assets out of harm's way—but why, where, when, and how they will retreat," the study begins.
The researchers suggest that it is time to rethink retreat, which is often seen as a last resort and a sign of weakness. Instead, it should be seen as the smart option and an opportunity to build new communities.
"We propose a reconceptualization of retreat as a suite of adaptation options that are both strategic and managed," the paper states. "Strategy integrates retreat into long-term development goals and identifies why retreat should occur and, in doing so, influences where and when."
The billions of dollars spent to rebuild the Jersey Shore and to create dunes to protect from future storms after Superstorm Sandy in 2012 may be a waste if sea level rise inundates the entire coastline.
"There's a definite rhetoric of, 'We're going to build it back better. We're going to win. We're going to beat this. Something technological is going to come and it's going to save us,'" said A.R. Siders, an assistant professor with the disaster research center at the University of Delaware and lead author of the paper, to the New York Times. "It's like, let's step back and think for a minute. You're in a fight with the ocean. You're fighting to hold the ocean in place. Maybe that's not the battle we want to pick."
Rethinking retreat could make it a strategic, efficient, and equitable way to adapt to the climate crisis, the study says.
Dr. Siders pointed out that it has happened before. She noted that in the 1970s, the small town of Soldiers Grove, Wisconsin moved itself out of the flood plain after one too many floods. The community found and reoriented the business district to take advantage of highway traffic and powered it entirely with solar energy, as the New York Times reported.
That's an important lesson now that rising sea levels pose a catastrophic risk around the world. Nearly 75 percent of the world's cities are along shorelines. In the U.S. alone coastline communities make up nearly 40 percent of the population— more than 123 million people, which is why Siders and her research team are so forthright about the urgency and the complexities of their findings, according to Harvard Magazine.
Some of those complexities include, coordinating moves across city, state or even international lines; cultural and social considerations like the importance of burial grounds or ancestral lands; reparations for losses or damage to historic practices; long-term social and psychological consequences; financial incentives that often contradict environmental imperatives; and the critical importance of managing retreat in a way that protects vulnerable and poor populations and that doesn't exacerbate past injustices, as Harvard Magazine reported.
If communities could practice strategic retreats, the study says, doing so would not only reduce the need for people to choose among bad options, but also improve their circumstances.
"It's a lot to think about," said Siders to Harvard Magazine. "And there are going to be hard choices. It will hurt—I mean, we have to get from here to some new future state, and that transition is going to be hard.…But the longer we put off making these decisions, the worse it will get, and the harder the decisions will become."
To help the transition, the paper recommends improved access to climate-hazard maps so communities can make informed choices about risk. And, the maps need to be improved and updated regularly, the paper said as the New York Times reported.
"It's not that everywhere should retreat," said Dr. Siders to the New York Times. "It's that retreat should be an option. It should be a real viable option on the table that some places will need to use."
Leaked Documents Show Brazil's Bolsonaro Has Grave Plans for Amazon Rainforest
Leaked documents show that Jair Bolsonaro's government intends to use the Brazilian president's hate speech to isolate minorities living in the Amazon region. The PowerPoint slides, which democraciaAbierta has seen, also reveal plans to implement predatory projects that could have a devastating environmental impact.
This Scientific Breakthrough at the Florida Aquarium Could Save Coral Reefs
Hope may be on the horizon for the world's depleted coral reefs thanks to scientists who successfully reproduced endangered corals in a laboratory setting for the first time, according to Reuters.
Bulldozers to Tear Through Heart of Sonoran Desert for Trump's Border Wall
Last week we received positive news on the border wall's imminent construction in an Arizona wildlife refuge. The Trump administration delayed construction of the wall through about 60 miles of federal wildlife preserves.
Drinking Fluoride-Treated Water During Pregnancy Could Lower Your Child's IQ, Study Finds
Drinking water treated with fluoride during pregnancy may lead to lower IQs in children, a controversial new study has found.
Drug-Resistant Salmonella Linked to Overuse of Antibiotics in Cattle Farming
The Centers for Disease Control and Prevention (CDC) warned Thursday of a drug-resistant strain of salmonella newport linked to the overuse of antibiotics in cattle farming.
The Democratic National Committee (DNC) voted down a resolution calling for an official, party-sanctioned debate on the climate crisis, ABC News reported Thursday.

subset: commoncrawl


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Orgasmically organic! Offering women a healthier choice, Sliquid Organics Natural Lubricant Gel is a glycerine and paraben-free lubricant that has been blended with certified organic botanical extracts that heal and support the body. All Sliquid products are formulated for women's safety, and will never cause UTI's or yeast infections . Vegan. All Sliquid products are Glycerine Free, Paraben Free, Hypoallergenic, and proudly Made in the USA.


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Princeton IA Real Estate & Homes for Sale
The median home value in Princeton, IA is $313,000.
This is
higher than
the county median home value of $147,500.
The national median home value is $185,800.
The average price of homes sold in Princeton, IA is $313,000.
Approximately 87.82% of Princeton homes are owned,
compared to 5.29% rented, while
6.9% are vacant.
Princeton real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you're interested in, contact a Princeton real estate agent to arrange a tour today!
Once in a lifetime opportunity to own a beautiful North Scott acreage. This meticulous ranch style home boasts more than 2000 finished square feet on the main, and an additional 1600 in the finished walk out basement. This home has had extensive remodeling! The main level features a open kitchen with plenty of cabinets, wood floors, and granite countertops. Also on the main, A cozy living room, Serene four seasons room, and AMAZING master suite featuring a sitting room and luxurious bath with an imported claw foot tub. Two additional bedrooms, a full bath, huge rec room and reading nook can be found in the walk-out basement. Over-sized windows throughout this home all with gorgeous views of the timber and countryside. This home sits on 10 acres featuring a fenced pasture, and timber. Enjoy a walk down one of the trails to the pond and enjoy pounds of yummy morel mushrooms in the spring! Plenty of space for horses here too! Better hurry, this one will not last!--
Built in 1853, this 3 story has many original features and construction elements. Prior use was a barber and retail shop on main level and upper floor apartment units with shared bath. Situated on River Drive facing the Mississippi River with great river views and includes additional land right on the Mississippi with a potential dock area. Building is adjacent to the Princeton Community Center. Zoning per the November 2014 Princeton Zoning Map is R1 Single Family Residential District. Sale includes the lot the building is on, the land on the Mississippi, and all items in the building. Think of the redevelopment possibilities on this beautiful riverfront in Princeton, Iowa.
634 5TH Street Princeton, IA 52768
Open House:
Sunday, 8/25 2:00-3:00PM
Move in ready 3-bedroom, 1 bathroom, split foyer in Princeton! This home has been completely redone in the last year. New flooring, counters, cabinets, and paint. The main level has new laminate floors throughout. The kitchen has stainless steel appliances and new cabinets. New carpet in all the bedrooms. The lower level has new laminate flooring throughout. Large backyard with deck wired for hot tub.
Wonderful move-in ready 5 bedroom, 3 bathroom ranch home built in 2015, located on a corner lot in Princeton, IA! Beautiful kitchen with upgraded cabinets, stainless steel appliances, and quartz countertops. 3 bedrooms on the main level, including a large master bedroom with walk-in closet, and master bath with walk-in glass shower. 3rd bedroom currently set up as an office. Also on the main level is a great room with wood flooring, as well as a laundry room. Finished basement offers 2 additional bedrooms, one of which has a huge walk-in closet! Large family room, 3/4 bath, and 2 finished storage rooms in basement as well. Oversized deck in back looks out to large yard with shed, and several different types of trees, including magnolia, austree willow, and crab apple. 4-car attached garage!
Beautiful 1.5 story home built in 2012 in Princeton, IA. North Scott Schools. Desirable Lost Grove Acres across from Virgil Grissom Elementary. Large .5 acre lot is fenced in with white vinyl fence. Soaring cathedral ceilings with open floor plan. Beautiful wood floors. Upgraded kitchen with granite counter and backsplash. Large main floor master with walk-in closet. Basement is partially finished with fireplace and rough in for 3/4 bath. Egress window in basement, 4th bedroom could easily be finished.
Open House:
Sunday, 8/25 12:30-2:00PM
Stunning 4 bedroom 3 bath ranch home and a 4 CAR GARAGE!!! High end kitchen cabinets with granite counter tops, breakfast bar, and pantry. Beautiful wood floors and gas fireplace in the great room. Tray ceiling in the master suite. Beautiful open end staircase with stunning railing to the finished basement with the 4th bedroom and full bath including a 13 x 21 unfinished area for an office, gym or movie room. Enjoy the back deck with wooded views and large yard including underground electric pet fence with components. DID I MENTION THE 4 CAR GARAGE!!!
1–6 of 6 properties displayed
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LONDON (MarketWatch) --European stock markets opened lower Tuesday following heavy selling in Asian markets after Japan raised the severity level of its nuclear crisis to the highest possible rating. Among stocks on the move, shares in Delta Lloyd NV nl:dl dropped 8.1% after Aviva PLC AV, +0.78% said late Monday that it will sell part of its stake in the group. Oil producers were also lower as crude prices pulled back, with shares in BP PLC BP, +2.02% BP, +1.54% dropping 1.6%. The U.K.'s FTSE 100 index UKX, +1.02% fell 0.6% to 6,015.21, the French CAC 40 PX1, +1.34% dropped 0.8% to 4,007.60 and the German DAX 30 index DAX, +1.32% dropped 0.8% to 7,144.41.
European markets slip in early trading
Quote References
+152.63 +1.32%


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The Philosophies of the Common Law and Their Implications: Common Law Divergences, Public Authority Liability, and the Future of a Common Law World
Forthcoming in The Common Law of Obligations: Divergence and Unity (Oxford: Hart Publishing, Andrew Robertson & Michael Tilbury eds., 2015).
31 Pages Posted: 6 Apr 2015 Last revised: 21 Apr 2015
Date Written: April 2, 2015
The common law seems to suffer from a countermajoritarian difficulty: in most of the world, it is law made by unelected judges. What could justify it? In this essay I consider the answer to this question through the lens of the question of convergence among common law countries. Common law convergence is the view that different common law jurisdictions should aim to have a (fairly) similar laws of contract, torts, and so on. I identify three different attitudes towards common law convergence. One view seeks universal convergence (one that extends to all legal systems, regardless of their origin), the second limits convergence to common law jurisdictions (explicitly rejecting convergence with non-common law jurisdictions), and the third is uninterested, even hostile, to common law convergence. I consider the philosophical assumptions behind each of these three approaches and explain how they address the common law's seeming lack of democratic legitimacy. I then go on to show that these different views on the legitimacy of the common law are have implications on matters that appear unrelated to it, such as the scope of tort liability of public authorities. I conclude the essay with a simple model seeking to explain why, in spite of the historical popularity of the idea of common law convergence (especially within the Commonwealth), common law jurisdictions have been drifting apart.
Keywords: common law, comparative law, jurisprudence, legitimacy, tort liability of public authorities
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text: Leader L Effective E eness annd Cultu ure: The T GLO OBE Stud dy N In a Nutshell GLOBE was initiateed to investigaate one fundaamental questtion: How is culture related d to societal, nizational, and d leader effecttiveness? organ The researcch project meeasured culturre in differentt segments (country, industry, and organizatio on) exploring both current practices andd values. Its reesults are based on data from about 17,300 midd dle managers from 951 orgaanizations in tthe food proccessing, financial seervices, and teelecommunications servicees industries in 58 countriees. GLOBE alsso measured culturally diffferent ideas oof the charactteristics of ou utstanding leaders, th hereby providing the largest informatioon base for crross-cultural leadership ever. Its results are a used to co ompare culturres in terms oof their valuess and practices, and in terms of th he leadership styles that are endorsed inn different culltures. GLOBE find dings offer a range r of practtical advice foor cross-culturral business aand leadership, e.g., GLOBE found that so ome aspects oof leadership are culturallyy dependent, while charismatic and teeam-oriented leadership arre universallyy desirable styyles. Backg ground The "G Global Leaderrship and Orgaanizational Beehavior Effecttiveness" (GLO OBE) Research h Program was conceived in 19 991 by Robertt J. House (19332-2011) of th e Wharton Scchool of Busin ness, Univeersity of Pennssylvania. In 20 004, its first comprehensiv c ve volume on "Culture, Lead adership, and Organ nizations: Thee GLOBE Studyy of 62 Societi ties1" was publlished. A seco ond major volume, "Culture re and Leaders rship across thhe World: The GLOBE Book of In-Depth Studiees of 25 Socieeties" became available in early e 2007. It ccomplementss the findings from the first volume v with in n-country lead dership literatture analyses,, interview daata, focus grou up discusssions, and fo ormal analysess of printed media m to provi de in-depth ddescriptions oof leadership theoryy and leader behavior b in th hose 25 cultures. This summary s co ontains: milar or GLOBE's fin nding about dimensions d off cultural values and how cultures are sim dissimilar from f each oth her in terms of their values GLOBE's fin ndings of how w people's ideeas of good le adership varyy across cultures Country scores on GLOB BE's six leaderrship styles 1 GLOB BE speaks of societies rather than t countries, as their data showed that som me countries aare fractio oned into rather different cultural groups. In Canada and Sw witzerland, Globe distinguishees between French h- and English-, or French- and German-speaakers, respectivvely; in South A Africa, it differeentiates White and Black culture, and in Gerrmany, it differeentiates West aand East Germaany (formerly kknown as GDR). 4 Center for Creaative Leadership. All Rights Reserved. © 2014 Leader Effectiveness and Culture: The GLOBE Study Cultural Dimensions and Culture Clusters GLOBE's first major achievement is a comprehensive description of how cultures are different or similar from one another. GLOBE established nine cultural dimensions that make it possible to capture the similarities and/or differences in norms, values, beliefs—and practices—among societies. They build on findings by Hofstede (1980), Schwartz (1994), Smith (1995), Inglehart (1997), and others. They are: Power Distance The degree to which members of a collective expect power to be distributed equally. Uncertainty Avoidance The extent to which a society, organization, or group relies on social norms, rules, and procedures to alleviate unpredictability of future events. The degree to which a collective encourages and rewards individuals for being fair, altruistic, generous, caring, and kind to others. The degree to which organizational and societal institutional practices encourage and reward collective distribution of resources and collective action. The degree to which individuals express pride, loyalty, and cohesiveness in their organizations or families. The degree to which individuals are assertive, confrontational, and aggressive in their relationships with others. The degree to which a collective minimizes gender inequality. The extent to which individuals engage in future-oriented behaviors such as delaying gratification, planning, and investing in the future. The degree to which a collective encourages and rewards group members for performance improvement and excellence. Humane Orientation Collectivism I (Institutional) Collectivism II (In-Group) Assertiveness Gender Egalitarianism Future Orientation Performance Orientation This allowed GLOBE (see Figure 1) to place 60 of the 62 societies into culture clusters, similar to those by other previous studies (Ronen and Shenkar, 1985; Inglehart, 1997; Schwartz, 1999). Cultural similarity is greatest among societies that constitute a cluster; cultural difference increases the farther clusters are apart. For example, the Nordic cluster is most dissimilar from the Eastern European cluster. © 2014 Center for Creative Leadership. All Rights Reserved. Leadeer Effectiveneess and Cultu ure: The GLO OBE Study Adaptted from House et al. (2004 4). Cultu ural Ideas off Outstandin ng Leaders GLOBE's other major finding is how h different cultures concceptualize outstanding lead ders. GLOBE is based on the preemise that leaader effectiven ness is contexxtual, that is, iit is embeddeed in the ms, values, and beliefs of thhe people beinng led. In other words, for societtal and organiizational norm a lead der to be effecctive, the timee-tested adage applies: "Whhen in Rome, do as the Romans do." Leadeership Categorrization Theorry (Lord & Maaher, 1991) staates that everyyone has an implicit idea of what leaders loo ok, act, and beehave like. These ideas are rooted in peoople's early exxperiences pectations with leaders and arre shaped by one's culture and upbringing. They thenn become exp 4 Center for Creaative Leadership. All Rights Reserved. © 2014 Leader Effectiveness and Culture: The GLOBE Study about what good leadership is, and these expectations serve as a personal benchmark for people to determine if a leader is effective, good, and worth following — or not. GLOBE was the first study to investigate the contents of people's expectations of leaders on such a broad scale, and also link them with cultural values and practices. GLOBE examined 112 leader characteristics, such as; modest, decisive, autonomous and trustworthy, based on the following definition of leadership: an outstanding leader is a person in an organization or industry who is "exceptionally skilled at motivating, influencing, or enabling you, others, or groups to contribute to the success of the organization or task." The first round of analysis generated 21 leadership scales, which in turn folded into six superordinate leader styles. Based on a 7-point scale and the "world mean" of each scale (i.e., the average of 61 country means), the 21 leadership scales ranked from the "most universally desirable" to "the least universally desirable" as follows: Integrity (6.07) Inspirational (6.07) Visionary (6.02) Performance-oriented (6.02) Team-integrator (5.88) Decisive (5.80) Administratively competent (5.76) Diplomatic (5.49) Collaborative team orientation (5.46) Self-sacrificial (5.0) Modesty (4.98) Humane (4.78) Status conscious (4.34) Conflict inducer (3.97) Procedural (3.87) Autonomous (3.85) Face saver (2.92) Non-participative (2.66) Autocratic (2.65) Self-centered (2.17) Malevolent (1.80). These 21 leadership scales were statistically and conceptually reduced to six styles. The first two styles, charismatic/value based and team-oriented style, were seen as contributing to outstanding leadership in all cultures. However, for the other four styles, cultural variation was larger: In some cultures, they were seen as good and effective styles, while other cultures saw them as hindering outstanding leadership. Below, the six styles are listed in the order of least cultural variation to most cultural variation. We also indicate the range of ratings each style received in the different countries. 1. The charismatic/value based style (4.5 – 6.5) stresses high standards, decisiveness, and innovation; seeks to inspire people around a vision; creates a passion among them to perform; and does so by firmly holding on to core values. This includes the facets of visionary, inspirational, self-sacrificial, integrity, decisive, and performance-oriented. 2. The team-oriented style (4.7 – 6.2) instills pride, loyalty, and collaboration among organizational members; and highly values team cohesiveness and a common purpose or goals. This style includes the facets of collaborative team orientation, team integrator, diplomatic, (reverse scored) malevolent, and administratively competent. 3. The participative style (4.5 – 6.1) encourages input from others in decision making and implementation; and emphasizes delegation and equality. This style includes the facets of (reverse scored) autocratic and (reverse scored) non-participative. © 2014 Center for Creative Leadership. All Rights Reserved. Leader Effectiveness and Culture: The GLOBE Study 4. The humane style (3.8 – 5.6) stresses compassion and generosity; and it is patient, supportive, and concerned with the well-being of others. This style includes the facets of modesty and humane-oriented. 5. The self-protective (2.5 – 4.6) style emphasizes procedural, status-conscious, and 'facesaving' behaviors; and focuses on the safety and security of the individual and the group. This style includes the facets of self-centered, status-conscious, conflict inducer, face saver, and procedural. 6. The autonomous style (2.3 – 4.7) includes only one facet concerned with autonomy. It is characterized by an independent, individualistic, and self-centric approach to leadership. Table 1 below gives scores for the six leader styles. Note that scores between 1 and 3.5 indicate that a style is seen as inhibiting outstanding leadership, while scores from 4.5 to 7 indicate that a style is seen as contributing to outstanding leadership. Scores between 3.5 and 4.5 indicate that a style doesn't much matter for outstanding leadership. Country Albania Argentina Australia Austria Bolivia Brazil Canada (Englishspeaking) China Colombia Costa Rica Denmark Ecuador Egypt El Salvador England Finland Georgia Germany (West) Charismatic TeamOriented SelfProtective Participative 5.70 5.98 6.09 6.03 6.01 6.01 6.16 5.87 5.99 5.81 5.74 6.10 6.17 5.84 4.55 3.46 3.05 3.07 3.83 3.50 2.96 4.51 5.89 5.71 6.00 5.30 6.06 6.09 5.15 4.70 5.09 4.93 4.56 4.84 5.20 3.81 4.55 3.95 4.47 3.92 2.27 3.65 5.57 6.04 5.95 6.01 6.46 5.57 6.08 6.01 5.94 5.65 5.84 5.57 6.07 5.81 5.70 6.21 5.55 5.95 5.71 5.86 5.86 5.49 3.80 3.37 3.55 2.82 3.63 4.21 3.44 3.04 2.55 3.90 2.97 5.05 5.51 5.54 5.80 5.51 4.69 5.40 5.57 5.91 4.89 5.88 5.18 5.05 4.99 4.23 5.13 5.14 4.69 4.90 4.30 5.61 4.44 4.07 3.34 3.46 3.79 3.53 4.49 3.47 3.92 4.08 4.57 4.30 © 2014 Center for Creative Leadership. All Rights Reserved. Humane- Autonomous Oriented Leader Effectiveness and Culture: The GLOBE Study Country Germany (East) Greece Guatemala Hong Kong Hungary India Indonesia Ireland Israel Italy Japan Kazakhstan Kuwait Malaysia Mexico Morocco Namibia Netherlands New Zealand Nigeria Philippines Poland Portugal Qatar Russia Singapore Slovenia South Africa (Black sample) South Africa (White sample) South Korea TeamOriented SelfProtective Participative 5.87 5.51 3.33 5.70 4.60 4.35 6.02 6.00 5.67 5.91 5.85 6.15 6.08 6.23 5.99 5.49 5.54 5.90 5.89 5.66 4.81 5.99 5.98 5.87 6.12 5.94 5.58 5.91 5.72 5.92 5.82 5.91 5.87 5.56 5.73 5.90 5.80 5.75 5.15 5.81 5.75 5.44 3.49 3.77 3.68 3.24 3.78 4.13 3.01 3.64 3.26 3.61 3.36 4.02 3.50 3.86 3.26 3.36 2.87 3.19 5.81 5.45 4.87 5.23 4.99 4.61 5.64 4.96 5.47 5.08 5.10 5.03 5.12 4.64 5.32 5.48 5.75 5.50 5.16 5.00 4.89 4.73 5.26 5.43 5.06 4.68 4.37 4.68 4.26 5.21 5.24 4.71 4.10 5.10 4.81 4.78 3.98 3.38 4.38 3.23 3.85 4.19 3.95 4.26 3.62 3.67 4.58 3.39 4.03 3.86 3.34 3.77 3.53 3.77 5.77 6.33 5.67 5.75 4.51 5.66 5.95 5.69 5.16 5.65 6.06 5.98 5.92 4.75 5.63 5.77 5.91 5.23 3.90 3.33 3.53 3.11 3.92 3.69 3.32 3.61 3.63 5.19 5.40 5.05 5.48 4.76 4.67 5.30 5.42 5.05 5.48 5.53 4.56 4.62 4.66 4.08 5.24 4.44 4.79 3.62 3.75 4.34 3.19 3.38 4.63 3.87 4.28 3.94 5.99 5.80 3.20 5.62 5.33 3.74 5.53 5.53 3.68 4.93 4.87 4.21 Charismatic © 2014 Center for Creative Leadership. All Rights Reserved. Humane- Autonomous Oriented Leader Effectiveness and Culture: The GLOBE Study Country Spain Sweden Switzerland (German) Taiwan Thailand Turkey USA Venezuela Zambia Zimbabwe Charismatic TeamOriented SelfProtective Participative HumaneOriented Autonomous 5.90 5.84 5.93 5.93 5.75 5.61 3.39 2.82 2.93 5.11 5.54 5.94 4.66 4.73 4.76 3.54 3.97 4.13 5.58 5.78 5.96 6.12 5.72 5.92 6.11 5.69 5.76 6.01 5.80 5.62 5.86 5.97 4.28 3.91 3.58 3.16 3.82 3.67 3.21 4.73 5.30 5.09 5.93 4.89 5.29 5.58 5.35 5.09 4.90 5.21 4.85 5.26 5.18 4.01 4.28 3.83 3.75 3.39 3.43 3.37 Unfortunately, data for the Czech Republic, France, Iran, and Switzerland (French) were not available for compiling this table. Source: Adapted from Den Hartog et al., 1999 The differences in cultural acceptance of the different leader styles also manifest in concrete behaviors. A more detailed analysis identified that leader characteristics such as ambitious, enthusiastic, formal, logical, or risk taker are valued very differently around the world. For example, on GLOBE's 7-point scale to measure a society's view of these leader traits, the culture means for "risk taker" range from 2 to 6. This is in line with the extent to which countries tolerate uncertainty, as measured by GLOBE's uncertainty avoidance dimension, as described above, and it shows how cultural values and people's ideas of good leadership are one integrated system. On the other hand, there are also some leader characteristics that are universally endorsed across all the societies in the GLOBE study: People want their leaders to be trustworthy, just, honest, decisive, and so forth. However, how these traits are expressed and enacted may still be noticeably different from society to society. For example, for a leader to be described as decisive in the U.S., he or she is expected to make quick and approximate decisions. In contrast, in France or Germany, being decisive tends to mean a more deliberate and precise approach to decision making. The same caution applies to the universally undesirable leader traits. © 2014 Center for Creative Leadership. All Rights Reserved. Leader Effectiveness and Culture: The GLOBE Study GLOBE's Significance Harry Triandis, a key thought leader in cross-cultural research, calls the GLOBE research "the Manhattan Project of the study of the relationship of culture to conceptions of leadership" (2004). There are a number of reasons for this assessment. GLOBE is the most comprehensive study to date that empirically researched the relationship between culture and leader behavior in so many societies, with so many different quantitative and qualitative measures and methods, and in so many different organizations. It did so by engaging more than 170 collaborators from around the world who brought to the project an indepth understanding of their own culture and its notion and practice of leadership. Perhaps most importantly, and in the words of its principal investigator, Robert J. House, "[M]y final conclusion is that we are in a position to make a major contribution to the organizational behavior and leadership literature. To date more than 90% of the organizational behavior literature reflects U.S.-based research and theory. Hopefully GLOBE will be able to liberate organizational behavior from the U.S. hegemony" (2004). ~ Michael H. Hoppe & Regina Eckert Bibliography and References about GLOBE: Alas, R. (2006). Ethics in countries with different cultural dimensions. Journal of Business Ethics, 69(3), 237-247. Alas, R., & Tuulik, K. (2004). Leadership style as a determinant of creativity Profiles in Estonian organizations. EBS Review, Summer, No. 18, 66-71. Alas, R., & Tuulik, K. (2005). Ethical values and commitment in Estonian companies. EBS Review, 19, 7383. Alas, R., & Tuulik, K. (2007). Cultural practices and values at the societal level in Estonia in comparison with neighbouring countries. Journal of Business Economics and Management, Vol. VIII, No. 1, 3944. Alas, R., Edwards, V., & Tuulik, K. (2007). Work-related attitudes and cultural practices and values in Finno-Ugrian countries. Journal of Cross-Cultural Competence and Management, Vol. 5, 235-254. Alas, R., Gao, J., & Carneiro, J. (2010.) Connections between ethics and cultural dimensions. Engineering Economics, 21(3), 255-262. Alas, R., Gao, J., Lorents, P., Übius, Ü., Matsak, E., & Carneiro, J. 2011. Associations between ethics and cultural dimensions: Similarities and differences concerning ethics in China, Brazil and Estonia. Megadigma Journal, 4(2), 153-162. Alas, R., Kaarelson, T., & Niglas, K. (2008). Human resource management in cultural context. EBS Review, 24, 49-61. Alas, R., Kraus, A., & Niglas, K. (2009). Manufacturing strategies and choices in cultural contexts. Journal of Business Economics and Management, 10(4), 279-289. Alas, R., Papalexandris, N., Niglas, K., & Galanaki, E. 2011. Employee commitment and managerial values in a cultural context. Transformations in Business and Economics, 10(2), 42-59. Alas, R., Tafel, K., & Tuulik, K. (2007). Leadership style during transition in society: Case of Estonia. Journal of Global Strategic Management, Vol. 1, No 1, 56-65. © 2014 Center for Creative Leadership. All Rights Reserved. Leader Effectiveness and Culture: The GLOBE Study Alt, R., Alas, R., Catana, D., Lang, R., Steyrer, J., & Tuulik, K. (2003). Leadership in transformation: Between local embeddedness and global challenges. EBS Review, Autumn, No. 17, 40-51. Apospori, E., Papalexandris, N., & Galanaki, E. (2005). Entrepreneurial and professional CEOs: Differences in motive and responsibility profile. Leadership and Organization Development Journal, 26(2), 141. Ashkanasy, N. M., Trevor-Roberts, E., & Kennedy, J. C. (2000). Leadership attributes and cultural values in Australia and New Zealand compared: An initial report based on "GLOBE" data. International Journal of Organisational Behaviour, 2(3), 37–44. Bajdo, L.M., & Dickson, M.W. (September 2001). Perceptions of organizational culture and women's advancement in organizations: A cross-cultural examination. Sex Roles, Vol. 45(5/6). Baltes, B. B., & Dickson, M. W. (2001). Using life-span models in Industrial/Organizational Psychology: The theory of Selective Optimization with Compensation. Applied Developmental Science, 5, 51-62. Brodbeck, F. C. (2006). Navigationshilfe für internationales Change Management. Erkenntnisse aus dem GLOBE Projekt [Navigation aids for international change management: Implications from the GLOBE project]. OrganisationsEntwicklung [Organisational Development], 3 (06), 16-31. Brodbeck, F. C., Frese, M., & Javidan, M. (2002). Leadership made in Germany: Low on compassion, high on performance. Academy of Management Executive, 16(1), 16-29. Brodbeck, F.C., Frese, M., Akerblom, S., Audia, G., Bakacsi, G., Bendova, H., Bodega, D., Bodur, M., Booth, S., Brenk, K., Castel, P., Den Hartog, D., Donnelly-Cox, G., Gratchev, M. V., Holmberg, I., Jarmuz, S., Jesuino, J. C., Jorbenadse, R., Kabasakal, H., Keating, M., Kipiani, G., Konrad, E., Koopman, P., Kurc, A., Leeds, C., Lindell, M., Maczynski, J., Martin., G. S., O'Connell, J., Papalexandris, A., Papalexandris, N., Prieto, J. M., Rakitski, B., Reber, G., Sabadin, A., Schramm-Nielsen, J., Schultz, M., Sigfrids, C., Szabo, E., Theirry, H., Vondrysova, M., Weibler, J., Wilderom, C., Witkowski, S., & Wunderer, R. (2000). Cultural variation of leadership prototypes across 22 European countries. Journal of Occupational and Organizational Psychology, 73, 1-29. Catana Gh. A., & Catana, D. (2010). Prospective leaders view on Romanian societal culture, Analele Universitatii din Oradea, Fascicula Stiinte Economice, Tom XIX, nr. 1: 639-644, available at: http://anale.steconomiceuoradea.ro/volume/2010/n1/Volum-2010-anale-nr-1-iulie-2010.pdf (indexed Re Pec, DOAJ, EBSCO) Catana, Doina, & Catana, Gh. A. (2009). Core decisional values and deciders demographic variables in Romanian organizations, China-USA Business Review, vol. 8, issue 8, pp. 1-7, available at: http://www.airiti.com/CEPS/ec_en/ecjnlarticleView.aspx?jnlcattype=0&jnlptype=0&jnltype=0&jnlii d=3423&issueiid=87393&atliid=1763988 Catana, Gh. A., & Catana, D. (2010). Prospective Romanian leaders view on leadership dimensions, Analele Universitatii din Oradea, Fascicula Stiinte Economice, Tom XIX, nr. 1: 645-650, available at: http://anale.steconomiceuoradea.ro/volume/2010/n1/Volum-2010-anale-nr-1-iulie-2010.pdf (indexed Re Pec, DOAJ, EBSCO) Catana, Gh. A., & Catana, D. (2010). Organisational culture dimensions in Romanian finance industry. Journal for East-European Management Studies, Vol. 15 (2): 128-148 (ISSN 0949-6181; ISI Thomson-Reuters), available at: http://findarticles.com/p/articles/mi_qa5451/is_201004/ai_n53932914 Chhokar, J.S. et al (Eds.). 2007 Culture and Leadership across the World: The GLOBE Book of In-Depth Studies of 25 Societies. Mahwah, NJ: Lawrence Erlbaum. De Hoogh, A.H.B., & Den Hartog, D.N. (2008). Ethical and despotic leadership, relationships with leader's social responsibility, top management team effectiveness and subordinates' optimism: A multimethod study. The Leadership Quarterly, 19, 297-311. De Hoogh, A.H.B., Den Hartog, D.N., Koopman, P.L., Thierry, H., Van den Berg, P.T., Van der Weide, J.G., & Wilderom, C.P.M. (2005). Leader motives, charismatic leadership and subordinates' work attitude in the profit and voluntary sector. The Leadership Quarterly, 16, 17-38. © 2014 Center for Creative Leadership. All Rights Reserved. Leader Effectiveness and Culture: The GLOBE Study De Hoogh, A.H.B., Den Hartog, D.N., Koopman, P.L., Thierry, H., Van den Berg, P.T., Van der Weide, J.G., & Wilderom, C.P.M. (2004). Charismatic leadership, environmental dynamism, and performance. European Journal of Work and Organizational Psychology, 13, 447-471. Den Hartog, D. N., House, R. J., Hanges, P. J., Ruiz-Quintanilla, S. A., Dorfman, P. W., & GLOBE co-authors. (1999). Culture specific and cross-culturally generalizable implicit leadership theories: Are attributes of charismatic/transformational leadership universally endorsed? The Leadership Quarterly, 10(2), 219-256. Dickson, M. W., Den Hartog, D. N., & Mitchelson, J. K. (2003). Research on leadership in a cross-cultural context: Making progress, and raising new questions. The Leadership Quarterly, 14, 729-768. [NOTE: Invited Yearly Review article] Dickson, M. W., Resick, C. J., & Hanges, P. J. (2006). Universality and variation in organizationally-shared cognitive prototypes of effective leadership. The Leadership Quarterly, 17, 486-505. Dickson, M. W., Resick, C. J., & Hanges, P. J. (2006). When organizational climate is unambiguous, it is also strong. Journal of Applied Psychology, 91, 351-364. Fu, P. P., Kennedy, J. C., Tata, J., Yukl, G. A., Bond, M. H., Peng, T.-K., et al. (2004). The impact of societal cultural values and individual social beliefs on the perceived effectiveness of managerial influence strategies: A meso approach. Journal of International Business Studies, 35(4), 284–305. Hanges, P.J., & Dickson, M. W. (2006). Agitation over aggregation: Clarifying the development of and the nature of the GLOBE scales. The Leadership Quarterly, 17, 522-536. Hanges, P.J., Lord, R.G., & Dickson, M. W. (2000). An information processing perspective on leadership and culture: A case for connectionist architecture. Applied Psychology: An International Review, 49, 133161. Hofstede, G.H. (1980/2001). Culture's consequences: International differences in work-related values. Thousand Oaks, CA: Sage. House R.J. et al. (Eds). (2004), Culture, leadership, and organizations: The GLOBE study of 62 societies. Thousand Oaks, CA: Sage. House, R. J., Javidan M., &, Dorfman, P. (2001). The GLOBE Project. Applied Psychology: An International Review. Vol., 50(4), 489-505. House, R.J., Javidan M., Dorfman P., &, M. Sully de Luque (2006). A failure of scholarship: Response to George Graen's critique of GLOBE. Academy of Management Perspectives. Inglehart, R. (1997), Modernization and post-modernization: Cultural, economic, and political change in 43 societies. Princeton, NJ: Princeton University Press. Javidan, M. (2007). Forward-thinking cultures. Harvard Business Review, July-August. Forethought Globalization. P. 20. Javidan, M. (2009), January. "Can Jianguo make the transition?" Case commentary, "From Regional Star to Global Leader." By Nitin Nohria. Harvard Business Review, p. 38. Javidan, M., & Dastmalchian, A (2003). Culture and leadership in Iran: The land of individual achievers, strong family ties, and powerful elite. Academy of Management Executive, 17(4), 127-142. Javidan, M., & Dastmalchian, A (2009). Managerial implications of the GLOBE Project: A study of 62 societies. Asia Pacific Journal of Human Resources, 47(1), 41-58. Javidan, M., & House, R.J. (2001). Cultural acumen for the global manager: Lessons from Project GLOBE. 30th Anniversary Special Issue of Organizational Dynamics, 29(4), 289-305. Javidan, M., & Lynton, N. (2005). The changing face of Chinese executive. Harvard Business Review, December. Forethought Globalization, economist.com, selected this article as a noteworthy article from business journals in December 2005. Javidan, M. Teagarden, M., & Bowen, D. (2010, April). Making it overseas. Harvard Business Review, pp. 109-115. © 2014 Center for Creative Leadership. All Rights Reserved. Leader Effectiveness and Culture: The GLOBE Study Javidan, M., Dorfman, P., Sully de Luque, M., & House, R.J. (2006). In the eye of beholder: Cross cultural lessons in leadership from Project GLOBE. Academy of Management Perspectives. , 20(1), 67-91. This paper won the 2007 Best Paper Award. Javidan, M., Stahl , G. K., Brodbeck , F., & Wilderom , C. P. M. (2005). Cross border transfer of knowledge: Cultural lessons from Project GLOBE. Academy of Management Executive. , 19(2), 59-76. Javidan, M., House R.J., Dorfman P., P. Hanges P., & Sully deLuque M. (2006). Conceptualizing and measuring cultures and their consequences: A comparative review of GLOBE's and Hofstede's approaches. Journal of International Business Studies. Javidan, M., Stahl, G., Brodbeck, F. C., & Wilderom, C. (2005). Transferring knowledge across cultures: Lessons learned from project GLOBE. Academy of Management Executive, 19(2), 59-76. Keating, M., Martin, G. S., Resick, C. J., & Dickson, M. W. (2007). A comparative study of the endorsement of ethical leadership in Ireland and the United States. Irish Journal of Management, 28, 5-30. Kennedy, J. C. (2000). Leadership in New Zealand: Findings of the GLOBE study. International Journal of Organisational Behaviour, 2(4), 45–52. Kennedy, J. C. (2002). Leadership in Malaysia: Traditional values, international outlook. Academy of Management Executive, 16(3), 15–26. Kennedy, J. C., & Mansor, N. (2000). Malaysian culture and the leadership of organizations: A GLOBE study. Malaysian Management Review, 35(2), 42–53. Lang, R., Alas, R., Alt, R., Catana, D., & Hartzh, R. (2006). Leadership in transformation – Between local embeddedness and global challenges. Journal of Cross-Cultural Competence and Management, Vol. 4, 215-246. Lang, R., Alas, R., Alt, R., Catana, D., & Hartz, R. (2005). Leadership in Transformation: Between Local Embeddedness and Global Challenges. Journal of Cross-Cultural Competence and Management, 4, 215-246. Martin, G. S., Resick, C. J., Keating, M., & Dickson, M. W. (2009). Ethical leadership across cultures: A comparative analysis of German and U.S. perspectives. Business Ethics: A European Review, 18, 127-144. Mukherjee, K. (2004). An integrative perspective on the stages model of turnaround: the Tribeni Case Study. IBAT Journal of Management, 1(1), 1-23. (with Dr. Vipin Gupta) Mukherjee. K. (2004). Leadership styles and followers' satisfaction and perceived effectiveness. South Asian Journal of Management, Vol. 11.1. Nikandrou, I., Apospori, E., & Papalexandris, N. (2003). Cultural and leadership similarities and variations in the southern part of the European Union. Journal of Leadership and Organizational Studies, 9(3). Nikandrou, I., Apospori E., Panayotopoulou L., Stavrou , E. T. &, Papalexandris, N. (2008). Training and firm performance in Europe: the impact of national and organizational characteristics. International Journal of Human Resource Management, 19(11),2057-2078. 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Steyrer, J., Schiffinger, M., & Lang, R. (2008). Organizational commitment: A missing link between leadership behaviour and organizational performance. Scandinavian Journal of Management, 29(4), 364-374. Szabo, E., Reber, G., Weibler, J., Brodbeck, F. C., & Wunderer, R. (2001). Values and behavior orientation in leadership studies: Reflections based on findings in three German-speaking countries. Leadership Quarterly, 12, 219-244. Tuulik, K., & Alas, R. (2003). The impact of the values of top managers upon their subordinates values. Journal of Business Economics and Management, Vol. IV, No 2, 105-114. Tuulik, K., & Alas, R. (2005). The impact of values and management style upon subordinate commitment, effectiveness and satisfaction. Management of Organizations: Systematic Research, No. 36, 177-191. Tuulik, K., & Alas, R. (2008). Estonian transformational leader, Journal of Human Resource Management. Vol. 1-2, pp. 4-16. Tuulik, K., & Alas, R. (2009). 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All Rights Reserved. © 2014


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A Day in the Life of… a young drover
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Memorial Tournament
LAST UPDATED : Aug 13, 2019, 02:48 PM IST
- Divya Deshmukh takes sole lead, a win away from hat-trick of national titles
Keeping her best moves for the last, two-time defending champion Divya Deshmukh tackled the Trompovsky attack well to grab full point in the penultimate round and take sole lead in the 36th National U-15 Girls' Chess Championship on Tuesday.
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Cardano Price Key Features
- ADA price is moving in a positive zone over the $0.0840 level against the US Dollar.
- There is a noteworthy bullish pattern line set up with support at $0.0870 on the hourly graph of the ADA/USD pair (information feed by means of Bittrex).
- The pair is probably going to move towards $0.1000 as long as it is above $0.0800.
Cardano price is picking up energy against the US Dollar and Bitcoin. ADA/USD may maybe keep on slowly ascend towards the $0.1000 resistance.
Cardano Price Analysis
There was a tolerable support base framed close to the $0.6000 level in cardano price against the US Dollar. The ADA/USD pair moved higher and tried the $0.0750 and $0.0850 levels amid the ascent. It even exchanged near the $0.0950 level and settled over the 100 hourly basic moving normal. A high was framed at $0.0940 before there was a drawback revision. Cardano price tried the half Fibonacci retracement level of the last wave from the $0.0792 low to $0.0940 high.
In any case, misfortunes were secured by the $0.0850 support territory. In addition, there is a noteworthy bullish pattern line set up with support at $0.0870 on the hourly graph of the ADA/USD pair. For whatever length of time that the pair is over the pattern line, it could keep on moving higher towards the $0.1000 and $0.1050. Then again, if there is a drawback break, ADA price could test the $0.0830 support. It speaks to the 100 hourly SMA and the 76.4% Fibonacci retracement level of the last wave from the $0.0792 low to $0.0940 high.
The diagram demonstrates that ADA price is exchanging with a bullish point over the $0.0850 level. On the upside, a break above $0.0940 may require a ride towards the $0.1000 and $0.1050 levels in the close term.
Hourly MACD – The MACD for ADA/USD is somewhat put in the bearish zone.
Hourly RSI – The RSI for ADA/USD is presently simply close to the 50 level.
Significant Support Level – $0.0850
Significant Resistance Level – $0.0940