My daughter Susanna has a new job as Corporate Communications Manager for the Washington Redskins
It was serendipity, a fortuitous series of events that led to her first day of work on Labor Day. She received a call one Thursday evening about a job opening; she interviewed eight days later; she packed her car and drove to Ashburn, Virginia—home to Redskins Park—the following week.
Sometimes you make your own luck. Managing your human capital—the sum total of your competencies, knowledge, social and personality attributes—is far more important over your lifetime than the size of your investment portfolio or your rate of return in any given year.
She had prepared well by obtaining a Masters in Sports Industry Management at Georgetown University. While in Washington, she completed an internship with the Redskins, where she applied the same work ethic and attention to detail she had internalized while working under Pat Summitt at The University of Tennessee. She worked hard to maintain relationships with all those she came in contact with in Washington and at the Redskins organization. Then, luck found her.
This week we examine three subjects exploring dimensions of human capital management—or as I like to call it—Planning for Serendipity.
Invest in Yourself: An Economic Approach to Education Decisions. “One of the most important investment decisions you will ever make is the decision to invest in yourself.” The essay makes three points. First, an investment in human capital might not pay off. Second, people should consider what kind of an investment