Business, Management, Marketing, Money, Tax, Law, People

Author Talks: Can thinking like an artist improve your decisions?

In this edition of Author Talks, McKinsey Global Publishing’s Mike Borruso chats with Elspeth Kirkman, chief program officer at Nesta, about her new book, Decisionscape: How Thinking Like an Artist Can Improve Our Decision Making (MIT Press, March 2024). Kirkman draws parallels between how artists create and how we make choices in our everyday lives. The book challenges us to understand why we make certain decisions and calls for us…

Continue ReadingAuthor Talks: Can thinking like an artist improve your decisions?

Ask Sanyin: What’s the Right Way to Carry Out Layoffs?

Coaching for the Future-Forward Leader Sanyin Siang June 06, 2024 Reading Time: 2 min  Topics Coaching for the Future-Forward Leader Leadership roles come with new personal and professional challenges — and Sanyin Siang, board and CEO coach, adviser, and author, is here to help with an advice column for top managers. More in this series We are going through an organizational transformation, which will involve a workforce reduction. How can…

Continue ReadingAsk Sanyin: What’s the Right Way to Carry Out Layoffs?

New York State Assembly Passes Retail Worker Safety Act, Pushing Workplace Violence Prevention Bill Closer to Finish Line

Quick Hits The New York State Assembly has passed and delivered the Retail Worker Safety Act to the state Senate. Under the legislation, retail employers would be required to have written workplace violence prevention programs and workplace violence training. Retail employers with 500 or more employees nationwide would also be required to install access to panic buttons to immediately dispatch local law enforcement when pressed. Assembly Bill A8947, titled the…

  • Post category:Ogletree Deakins
  • Reading time:3 mins read
Continue ReadingNew York State Assembly Passes Retail Worker Safety Act, Pushing Workplace Violence Prevention Bill Closer to Finish Line

The 4 stages of creating a trust fabric with identity and network security

How implementing a trust fabric strengthens identity and network Read the blog At Microsoft, we’re continually evolving our solutions for protecting identities and access to meet the ever-changing security demands our customers face. In a recent post, we introduced the concept of the trust fabric. It’s a real-time approach to securing access that is adaptive and comprehensive. In this blog post, we’ll explore how any organization—large or small—can chart its…

  • Post category:Microsoft
  • Reading time:9 mins read
Continue ReadingThe 4 stages of creating a trust fabric with identity and network security

How Younger Immigrants Gain an Edge in American Business

For refugees fleeing troubled regions as disparate as Afghanistan and Ukraine, finding meaningful work in the United States is not only key to their own success, but also crucial for businesses navigating labor shortages.New research offers lessons for policymakers and employers learned from the final wave of migration after the Vietnam War in the late 1980s and early 1990s. Under the Amerasian Homecoming Act (AHA), some 25,000 children of Vietnamese…

Continue ReadingHow Younger Immigrants Gain an Edge in American Business

From AI to Impact: Capabilities powering Lighthouses’ 4IR adoption

This article is one of McKinsey’s contributions to the Global Lighthouse Network’s latest white paper, published on December 14, 2023. The first article in this series explored the evolution of AI and how leading manufacturers have harnessed it to propel leading-edge manufacturing from the learning phase to the doing phase of the Fourth Industrial Revolution (4IR). The second article examined what artificial intelligence looks like among today’s leading manufacturers. This final installment…

Continue ReadingFrom AI to Impact: Capabilities powering Lighthouses’ 4IR adoption

Earliest detection of metal challenges what we know about the first galaxies

Using the James Webb Space Telescope (JWST), an international team of astronomers led by the University of Cambridge observed a very young galaxy in the early universe and found that it contained surprising amounts of carbon, one of the seeds of life as we know it.In astronomy, elements heavier than hydrogen or helium are classed as metals. The very early universe was almost entirely made up of hydrogen, the simplest…

Continue ReadingEarliest detection of metal challenges what we know about the first galaxies

Mitesh Rao: Democratizing Healthcare Data

Mitesh Rao, co-founder and CEO of OMNY Health, joins Howie and Harlan to discuss his entrepreneurial journey and how his company is creating a common layer of data connecting healthcare providers and researchers. Harlan reports on a study showing how many lives could be saved by improving quality of care; Howie reflects on the health consequences that have accompanied the legalization of cannabis. Links: Quality and Lives Saved “The business…

Continue ReadingMitesh Rao: Democratizing Healthcare Data

Podcast: Charles Lamanna on AI’s next big role

MOLLY WOOD: In just one year, Microsoft Copilot has changed the way we work forever. By now, business leaders understand how it can boost their individual productivity and the efficiency of their teams. But as generative AI evolves, a bigger and more consequential opportunity presents itself: total business reinvention. Yeah, buckle up. In today’s episode, Charles Lamanna, Corporate Vice President of Business Apps and Platforms at Microsoft, goes beyond what’s…

  • Post category:Microsoft
  • Reading time:21 mins read
Continue ReadingPodcast: Charles Lamanna on AI’s next big role

Implicit Bias Training That Works

A significant barrier to achieving a diverse and inclusive workforce is implicit bias. Implicit bias occurs when, for instance, you hear the word “engineer” and immediately assume it is a man, or hear “teacher” and assume it is a woman. Have you ever been guilty of this? Many of us have, and it’s not because we’re bad people. Our brains are hardwired to make unconscious decisions, creating a direct link…

  • Post category:Civility Partners
  • Reading time:3 mins read
Continue ReadingImplicit Bias Training That Works

Navigating the generative AI disruption in software

For all the impressive revelations and technical feats unleashed by the sudden emergence of generative AI (gen AI), one of the most astounding aspects has been the accelerated pace of its adoption, particularly by businesses. Consider that large global enterprises spent around $15 billion on gen AI solutions in 2023, representing about 2 percent of the global enterprise software market. To put that level of growth in perspective, it took…

Continue ReadingNavigating the generative AI disruption in software

Multipolarity, Sovereign Equality & the Rejection of Universalism

Last autumn, President Putin outlined Russia’s six tenets of international relations. These can be summarised as developing an interconnected world that accommodates civilizational diversity, equal representation, and a balance of interest. The tenets represent a repudiation of the post-Cold War liberal hegemonic order based on alliances and universalism, in which the dominant state sets the framework and conditions for development. Hegemonic systems proclaim to represent universal values to justify a…

Continue ReadingMultipolarity, Sovereign Equality & the Rejection of Universalism

The AI opportunity: How payers can capture it now

Payers currently face economic pressures that are likely to last a few years. Utilization of medical services has been higher than expected, providers are passing along higher costs through rate negotiations, and Medicare Advantage reimbursement rates are facing the most substantial downward pressure that payers have seen in years. In the face of these issues, artificial intelligence and automation present untapped opportunity for payers. The opportunity is sizable and available…

Continue ReadingThe AI opportunity: How payers can capture it now

Engineer Your Own Luck

Companies that modularize and externalize their best capabilities are in a strong position to seize unexpected opportunities. Mark J. Greeven, Howard Yu, and Jialu Shan June 05, 2024 Reading Time: 13 min  Neil Webb/theispot.com Prediction is hard. The longer the time range — six months, three years, a decade — the less reliable any forecasting becomes. And yet, some companies prosper through extreme uncertainties. Consider cosmetics giant L’Oréal. When COVID-19…

Continue ReadingEngineer Your Own Luck

Seyfarth Continues Strategic Growth in Real Estate with Addition of Partner John Domby in Charlotte

NEW YORK – (June 3, 2024) –  Seyfarth Shaw LLP announced today the arrival of partner John Domby to the firm’s Real Estate department in Charlotte, NC. Domby joins Seyfarth from Katten Muchin Rosenman LLP where he was a partner in its real estate finance and lending practice. “John is another key step in our strategic plans to grow our national real estate practice and Charlotte office,” said Paul Mattingly, national…

  • Post category:Seyfarth Shaw LLP
  • Reading time:2 mins read
Continue ReadingSeyfarth Continues Strategic Growth in Real Estate with Addition of Partner John Domby in Charlotte

Workers worldwide are embracing AI, especially in small and medium-size businesses

In May 2024, we published the 2024 Work Trend Index Annual Report, a joint report from Microsoft and LinkedIn that looked at how AI will reshape work and the labor market broadly. As we reviewed the data, a surprising theme emerged: when it comes to using AI to get work done, employees are outpacing the companies that employ them for AI adoption—bringing their own AI to work and without the…

  • Post category:Microsoft
  • Reading time:5 mins read
Continue ReadingWorkers worldwide are embracing AI, especially in small and medium-size businesses

The New Code of Law: How AI Will Revolutionize the Legal Sector

At Battery, we’re laser-focused on identifying verticals where AI adoption isn’t just a boardroom talking point, but a seamless solution to real pain points. In our view, healthcare is clearly one of those verticals; government contracting is another. We’re equally enthusiastic about AI’s potential to transform the legal industry. When we recently attended Legalweek in New York, we saw firsthand how excited the legal community is becoming about AI, too.…

  • Post category:Battery Ventures
  • Reading time:6 mins read
Continue ReadingThe New Code of Law: How AI Will Revolutionize the Legal Sector

Charting a new course: The untapped potential of American shipyards

American shipbuilding has reached a critical inflection point—can supply keep up with demand? The US Navy, the industry’s principal customer, increased its shipbuilding budget by 12.5 percent per year from fiscal year 2020 to fiscal year 2024, and its most recent 30-year plan calls for the construction of 290 to 340 new ships by 2053. Beyond this domestic demand, there is additional demand to meet the anticipated needs of the…

Continue ReadingCharting a new course: The untapped potential of American shipyards

Electrified charcoal ‘sponge’ can soak up CO2 directly from the air

Researchers from the University of Cambridge used a method similar to charging a battery to instead charge activated charcoal, which is often used in household water filters.By charging the charcoal ‘sponge’ with ions that form reversible bonds with CO2, the researchers found the charged material could successfully capture CO2 directly from the air. The charged charcoal sponge is also potentially more energy efficient than current carbon capture approaches, since it…

Continue ReadingElectrified charcoal ‘sponge’ can soak up CO2 directly from the air

Is the EU Falling Apart Over Foreign Policy?

A fault line in the EU member states’ foreign policy is becoming increasingly clear, not only with respect to the Ukraine issue but also in the Gaza conflict. It is about the supremacy of the United States and NATO as well as the role of international organisations. In view of the ongoing division of a multipolar world with new “cold” and “hot” wars, it is essential to realign the overall…

Continue ReadingIs the EU Falling Apart Over Foreign Policy?

WEBINAR – Jun 6, 2024 – Strategic Approaches for Conducting DEIB Reviews

About the Program: Join Us for the second installment of our Diversity, Equity, Inclusion, and Belonging (“DEIB”) Webinar Series: “Strategic Approaches for Conducting DEIB Reviews” This micro-webinar series is designed to support employers as they navigate, refine, and enhance their DEIB programs within the current legal, societal, and cultural landscape. During the second session of our webinar series, Seyfarth attorneys will delve into the best practices and strategic approaches for…

  • Post category:Seyfarth Shaw LLP
  • Reading time:3 mins read
Continue ReadingWEBINAR – Jun 6, 2024 – Strategic Approaches for Conducting DEIB Reviews

California Civil Rights Department Unveils New Proposed Regulations on Employers’ Use of AI and Automated Systems

Quick Hits The California Civil Rights Department released new proposed regulations for employers’ use of AI and automated decision-making systems. The proposed regulations would affirm that employers’ use of such hiring technologies may violate the state’s antidiscrimination laws and clarify limits on the use of such technology in criminal background checks and medical/psychological inquiries. The proposed regulations would also clarify the scope of third-party liability arising from the use of…

  • Post category:Ogletree Deakins
  • Reading time:7 mins read
Continue ReadingCalifornia Civil Rights Department Unveils New Proposed Regulations on Employers’ Use of AI and Automated Systems

The thread of memory: Preserving stories from D-Day’s last heroes for future generations

Preserving stories from D-Day’s last heroes for future generations The Thread of Memory on social media" tabindex="0"> Link copied June 6, 1944: The beginning of the end When Allied troops landed on the shores of Normandy 80 years ago, they made history with their courage and sacrifice, which contributed to the liberation of France from Nazi Germany. This day is known as D-Day, and was the largest air, naval, and…

  • Post category:Microsoft
  • Reading time:4 mins read
Continue ReadingThe thread of memory: Preserving stories from D-Day’s last heroes for future generations

How One Insurtech Firm Formulated a Strategy for Climate Change

Brian Kenny: On September 2, 1666 in a bake shop on Pudding Lane in London, Thomas Farriner, baker for King Charles II, failed to properly extinguish his oven, sparking a fire that burned for five days, destroying 80 percent of the city, including 13,000 homes, 87 parish churches, the Royal Exchange, Guildhall, and St. Paul's Cathedral. Within months, “Insurance Office” for houses, the first homeowners insurance company, began offering fire…

Continue ReadingHow One Insurtech Firm Formulated a Strategy for Climate Change

Genetics study points to potential treatments for restless leg syndrome

Restless leg syndrome can cause an unpleasant crawling sensation in the legs and an overwhelming urge to move them. Some people experience the symptoms only occasionally, while others get symptoms every day. Symptoms are usually worse in the evening or at night-time and can severely impair sleep.Despite the condition being relatively common – up to one in 10 older adults experience symptoms, while 2-3% are severely affected and seek medical…

Continue ReadingGenetics study points to potential treatments for restless leg syndrome

Leading With Compassion When a Teammate Has a Terminal Illness

When an employee is experiencing a health crisis, it impacts their colleagues as well. Leaders must support everyone affected, with sensitivity and professionalism. Benjamin Laker, Vijay Pereira, Jack Tillotson, and Sammy Toyoki June 04, 2024 Reading Time: 11 min  Carolyn Geason-Beissel/MIT SMR | Getty Images When an employee is diagnosed with a terminal illness, the complexities of workplace management deepen significantly. It’s not merely about handling the practicalities of business…

Continue ReadingLeading With Compassion When a Teammate Has a Terminal Illness

New joint capabilities from Microsoft and SAP unlock AI innovation

Microsoft and SAP have been partners and customers of each other for over 30 years, collaborating on innovative business solutions and helping thousands of joint customers accelerate their business transformation. Microsoft Cloud is the market leader for running SAP workloads in the cloud, including RISE with SAP, and today at SAP Sapphire 2024, we are very excited to bring more amazing innovation to the market for our joint customers.  In…

  • Post category:Microsoft
  • Reading time:12 mins read
Continue ReadingNew joint capabilities from Microsoft and SAP unlock AI innovation

Navigating Consumer Data Privacy in an AI World

Harnessing customer data well is central to any modern business, as is earning consumers’ trust that their information will stay private. With data breaches growing more common, regulations are tightening across the globe to bolster security, creating a new web of norms firms must understand. As generative artificial intelligence (AI) explodes, companies face balancing individual privacy, coveted data insights, and the law—all while pursuing competitive advantage. Eva Ascarza, the Jakurski…

Continue ReadingNavigating Consumer Data Privacy in an AI World

Exercising during pregnancy normalises eating behaviors in offspring from obese mice

Previous studies in both humans and animal models have shown that the offspring of mothers living with obesity have a higher risk of developing obesity and type 2 diabetes themselves when they grow up. While this relationship is likely to be the result of a complex relationship between genetics and environment, emerging evidence has implicated that maternal obesity in pregnancy can disrupt the baby’s hypothalamus—the region of the brain responsible…

Continue ReadingExercising during pregnancy normalises eating behaviors in offspring from obese mice

World leaders still need to wake up to AI risks, say leading experts ahead of AI Safety Summit

Currently, the AI world is focussed on pushing AI capabilities further and further, with safety and ethics as an afterthought. For AI to be a boon, we need to reorient; pushing capabilities is not enough. Study co-author Dr Jan Brauner, Department of Computer Science, University of Oxford Then, the world’s leaders pledged to govern AI responsibly. However, as the second AI Safety Summit in Seoul (21-22 May) approaches, twenty-five of…

Continue ReadingWorld leaders still need to wake up to AI risks, say leading experts ahead of AI Safety Summit

Religious Radicalism in Central Asia and Russia: Ideological and Political Factors

While adhering to secular principles, it is still important to support the development of traditional religious schools and promote the education of the clergy themselves. Indeed, often, representatives of the traditional clergy are unable to answer the pressing questions of young people, Marat Abdyldaev writes. Russia and Central Asia face similar security and development challenges. This is understandable, because we are united by a common past and maintain and develop…

Continue ReadingReligious Radicalism in Central Asia and Russia: Ideological and Political Factors

Collaboration Requires Proximity – But It Doesn’t Have to Be Physical

The future of work is undoubtedly hybrid. Major corporations from Apple to Zoom now require employees to be in the office two or three days a week, citing the benefits of face-to-face collaboration and culture building. Indeed, traditional thinking suggests that being physically close leads to better communication and collaboration.Our recent research reinforces this idea, but also shows that social closeness (strong direct and indirect connections) can offset a lack of physical proximity.…

  • Post category:INSEAD Knowledge
  • Reading time:4 mins read
Continue ReadingCollaboration Requires Proximity – But It Doesn’t Have to Be Physical

Find a Circular Strategy to Fit Your Business Model

Topics Social Responsibility Sustainability Dan Page/theispot.com The Research This research was based on qualitative case analyses of organizations that have implemented circular economy models. Data collection involved a mix of structured interviews with company managers, review of company documents, and review of in-depth case studies. The analysis identified key patterns in successful adoption of circular models and the strategic decisions, challenges, and outcomes associated with circular economy practices. Companies seeking…

Continue ReadingFind a Circular Strategy to Fit Your Business Model

New online State Pension top-up service goes live – should you buy extra years?

On 1 January 1909, around half a million elderly people queued up at post offices around the UK, waiting to receive the very first State Pension payments. Only those older than 70 with an income of less than 12 shillings a week were eligible. Those who qualified received a payment of five shillings, yet the payments could be stopped if you had too much furniture in your home or were…

Continue ReadingNew online State Pension top-up service goes live – should you buy extra years?

Say Hello to My New AI Marketer: How Gen AI-Based Software Is Advancing Marketing and Sales

Over the past year, generative AI’s capacity for content creation has drawn most of the noisiest headlines: how AI models can instantaneously create Pixar-like shorts starring your pet chihuahua, or drum up the Drake-Kendrick Lamar diss track you never knew you wanted. What gets less attention, but is equally (if not more) valuable, is the business-use side of GenAI content creation: marketing.  Marketing is particularly well suited for adopting generative…

Continue ReadingSay Hello to My New AI Marketer: How Gen AI-Based Software Is Advancing Marketing and Sales

On a New Mechanism for the Confiscation of Russian Sovereign Assets: Consensus Between the US Administration and Congress

, then by the end of the twentieth century  and in the 21st century , the reasons for its strengthening were explained, including the sanctions policy. Congress has the power to influence budgetary appropriations, determine the content of legislation and procedures for its implementation, and request reports from executive authorities. Although the administration sometimes interprets legislative norms very broadly, “winding up” their implementation or taking a formal approach to reporting,…

Continue ReadingOn a New Mechanism for the Confiscation of Russian Sovereign Assets: Consensus Between the US Administration and Congress

Will the Next Founders of Family Firms Please Stand Up?

In a family business context, this can be achieved in at least three ways: starting new businesses, transforming existing ones, or becoming active investors in the next generation of startups. Each will be discussed at the INSEAD summit.Starting new businessesIn many cases, the next generation of family members may be reluctant to take over the reins of the business. What was new and exciting decades ago is likely to feel…

  • Post category:INSEAD Knowledge
  • Reading time:5 mins read
Continue ReadingWill the Next Founders of Family Firms Please Stand Up?

Working-off your organizational debt

Funds need to squeeze more free cash flow from companies in order to generate an adequate return from vintage 2019-2022 investments. More sales growth and/or higher profitability is needed to make-up for the valuation headwind from higher interest rates. One of the best ways to achieve lower cost, greater market responsiveness and top-line growth is to work-off “organizational debt” accumulated during the ’19-’22 land-grab days when companies were acquired and…

  • Post category:Humatica
  • Reading time:3 mins read
Continue ReadingWorking-off your organizational debt

Will the data lake prevail?

Nowadays, reflecting the quantity of data they house, organisations have moved on to lakes from warehouses. Powerful entities, data lakes are seamlessly integrated with the cloud and different services and have proved themselves to be an indispensable asset in storing and processing data. Plus, they are valuable tools for historicising data. Structured and unstructured data The term ‘data lake’ first came about in 2011 and their original purpose was to…

  • Post category:Valcon
  • Reading time:3 mins read
Continue ReadingWill the data lake prevail?