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Phil Stott

Phil Stott is a Vault Editor. Since joining Vault in 2007, he has covered a variety of industries including consulting, consumer products and technology. He is also well-versed in general career issues, having worked in a variety of fields including freelance journalism, consumer banking, English language teaching, soccer coaching and more. Originally from Scotland, he holds an undergraduate degree in English Literature and Modern History and a Masters in Research in Civil Engineering. 

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All Posts by Phil Stott

Should Harvard Law School Change Its Logo?

by Phil Stott  |  March 07, 2016

Harvard Law School is reportedly considering changing its official shield, as a result of a long campaign that ties imagery on the shield to the slave trade. According to NPR, the dean of Harvard Law recently called for the shield to be replaced, "because it contains the crest of Isaac Royall, a slave owner whose endowment of land helped establish the school." New York Magazine provides some more detail on Isaac Royall, noting that he "co-owned a slave ship and helped brutally suppress a... Read More >

Are MBAs Really Flocking to Product Manager Jobs?

by Phil Stott  |  March 04, 2016

An article earlier this week in the Wall Street Journal noted that, for MBAs, there is a new job title to rule them all: Product Manager. It makes sense: that title is most commonly seen at the likes of Facebook and Google, and denotes a level of authority for the holder over, well, everything to do with a product-from research right through to design and implementation. As the Journal puts it, the product manager sits "at the nexus of a company's business and technology functions" and,... Read More >

Switch Off, Sleep More...Succeed?

by Phil Stott  |  March 02, 2016

In a recent post I wrote about long hours, I cited research which suggests that lack of sleep is one of the major contributing factors to poor on-the-job performance. It's a pretty clear link: showing up to work without enough sleep is like showing up drunk. While last week's post focused mostly on long hours, it didn't really address one of the major reasons why the workday never seems to end: many of us bring it home with us, and continue reading and sending out emails long past the... Read More >

Warren Buffett is Upbeat on the Economy. Here's Why.

by Phil Stott  |  February 29, 2016

"For 240 years it's been a terrible mistake to bet against America, and now is no time to start. America's golden goose of commerce and innovation will continue to lay more and larger eggs. America's social security promises will be honored and perhaps made more generous. And, yes, America's kids will live far better than their parents did. " In his most recent letter to Berkshire Hathaway shareholders, billionaire investor and living legend Warren Buffett devoted a significant section to... Read More >

Should You Get Paid More for Working on Leap Day?

by Phil Stott  |  February 29, 2016

It's the rarest date on the Gregorian calendar, which raises an important issue: if you're a salaried employee, should you be getting paid more for dragging yourself to work for this extra day? (Especially when it's a Monday). So what's your take? Should we all be enjoying an extra day off? Banking an extra 366th of our salary (or whatever fraction would be relevant for the number of days we actually work in a normal year)? Or just grinning and bearing it? Let us know in the comments... Read More >

Are Long Hours Good for Your Career?

by Phil Stott  |  February 24, 2016

"I often refer to the series Mad Men, taking place in the '60s, where they're drinking and smoking in the office. And you think, 'What are you doing? You're at work!' But we're doing the exact same thing right now. We're showing up just as bad, in terms of performance. We're not nearly having as much fun, though." That quote, from McKinsey specialist Els van der Helm in a recent McKinsey podcast, suggests that there's an epidemic of poor behavior that is afflicting workers in this day and... Read More >

Interview Skills: The Marco Rubio Edition

by Phil Stott  |  February 08, 2016

The most recent Republican primary featured a by-now infamous exchange between presidential hopefuls Chris Christie and Marco Rubio. Ostensibly about whether or not Rubio had sufficient experience required to do the job of President, the exchange is notable for Rubio's use of a seemingly-canned piece of exposition three times in as many minutes-a piece of theater all the more remarkable for the fact that he was taking flak from Christie for using it, while using it. If you haven't seen the... Read More >

'Netflix for Air Travel': A Consultant's New Best Friend?

by Phil Stott  |  February 01, 2016

By now, we're well-used to the concept of paying a monthly fee for unlimited, on-demand access to something, whether it's episodes of streaming video, DVDs in the mail (remember those?), or, uh, New York Times articles. There's still a question, however, of how the concept scales when it comes to things that we typically don't consume on a daily basis-especially when those things cost a lot of money. Which makes the model offered by OneGo-a new startup that is aiming to give frequent... Read More >

McKinsey Goes to Prison: Unusual Consulting Assignments

by Phil Stott  |  January 27, 2016

I'll admit that my eyebrows went up when I received an email from a colleague this week with the headline "McKinsey Back in Prison." First, a moment of self-doubt: was there a scandal I'd missed? An appeal hearing related to the Galleon Group affair? Nope: everything is on the level. As it turns out, the firm has been contracted to fulfill one of the more esoteric consulting assignments I've heard about recently: fixing the problem with violence among inmates at New York's Riker's Island... Read More >

Raises at Wal-Mart: Why You Should Pay Attention

by Phil Stott  |  January 25, 2016

Wal-Mart is raising pay for the majority of its hourly-wage employees, according to a recent article in the Wall Street Journal. Great news for those people but hardly of much interest to the rest of us, right? But maybe it should be. According to the Journal article, the move will affect close to 1.2 million employees of Wal-Mart and Sam's Club stores. Want some context on that number? Try this: if Wal-Mart built a city just for its hourly employees, it would be the 10th-largest city in... Read More >

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