Learning to handle pressure well is essential for a leader, writes Steve Tobak. Among his tips for keeping your poise: welcome alternative views, maintain control of the meeting and learn the art of the snappy comeback.
Steve Tobak shares five contrarian tips for improving communication in the workplace. Meetings, hierarchy and casual Fridays are good for business. Wasting time on social media and talking politics isn't, according to Tobak. What organizations really need is more "real-time, back and forth, one-to-one" communicating between team members, he writes.
Steve Tobak offers 10 no-nonsense ways to get a grip on your career in 2011. He advises you quit whining, take risks, stop wasting time, switch off some of your technology and connect with people face-to-face more.
The debt market went into a slide after word got out about a dismal response to the U.S. Treasury Department's auction of five-year notes. Investors' lack of interest forced the yield up, a development that quickly spread across the entire Treasury bond market. The yield on 10-year bonds increased to 3.89%, its highest level since the summer.
Convenience, cost savings and a comprehensive knowledge of the corporation are prompting a number of mid- to large-sized businesses to handle more of their tax function in-house. "The in-house team can act quickly and efficiently to a business' changing strategies -- from acquisitions to asset disposals to major employee issues," said tax consultant Graham Kilbey.
Some recent corporate-debt deals suggest the market is getting over its nervousness about "covenant-lite" loans, which place fewer financial restrictions on borrowers than conventional deals. Bankers arranging financing to allow Lyondell Chemical to emerge from bankruptcy took all covenants out of a $500 million term loan that was part of the package.