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

Gopher State Goes For Broke with Proposed Non-Compete Ban

Minnesota is joining the growing list of state legislatures targeting non-compete agreements, and doing so with one of the most aggressive laws in the nation on the subject. Included as part of the Senate Jobs and Economic Development and Labor Omnibus Budget Bill (S.F. 3035), the newly-enacted Minn. Stat. Section 181.988 (“Section 181.988”) categorically bans non-compete agreements with Minnesota workers subject to a few narrow exceptions. Section 181.988 also takes…

  • Post category:Seyfarth Shaw LLP
  • Reading time:4 mins read
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Is this the end for single wholesale networks?

  Championed by some as a route to universal access to mobile services, single wholesale networks (SWN) have failed to deliver. Lee Sanders, Managing Partner at Aetha Consulting, wonders whether Malaysia abandoning its SWN means the concept has run its course. Governments around the world are increasingly attuned to the importance of infrastructure to economic growth and societal well-being. Hence their interest in telecoms; the services provided, and their reach…

  • Post category:Aetha Consulting
  • Reading time:4 mins read
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Future-proofing your job against the robots

Like in most lines of work, soft skills are critical to your success as an independent consultant, perhaps even more so. This is especially true in a free market, where you compete against other professionals. It’s not just about “what” you have to offer but “how” you sell your services too. Your soft skills and personal approach can make or break a good deal. In the future, soft skills will…

  • Post category:COMATCH
  • Reading time:6 mins read
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Leveraging Digital Marketing Tactics to Increase Diversity in Clinical Trial Recruitment 

Traditional methods of recruiting clinical trial participants include tapping into healthcare providers such as doctors or clinics, patient advocacy groups, online registries, or referrals. However, to seek out a more diverse and representative group of potential patients, trial coordinators and sponsors might consider looking to other sources or methods to recruit new groups. Though clinical trials have unique nuances and target demographics for their particular studies, companies can implement digital marketing…

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Connecting with your Patient Population with Doug Pohl

Episode Introduction Doug explains why hospitals need to prioritize ‘’humanity’’ over the bottom line, how to become a two-way mirror to build patient relationships, and why Business 101 is all about listening. He also shares how his experience as a singer/songwriter helped him to understand the power of storytelling, and why true leadership is about helping people climb the ladder. Show Topics Hospitals need to focus on humanity in marketing…

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Creating strong, engaged teams for a successful and reliable platform migration

The situation Our customer is a large enterprise with a portfolio spanning financial and insurance products and services. At the centre is a key piece of infrastructure, supporting more than 30 internal and customer-facing applications. This platform is a complex array of business logic, policies, and multiple interfaces, creating a fragile environment.  As a consequence, attempts to upgrade the platform generally caused catastrophic failures, with unpredictable and severe business and…

  • Post category:Elabor8
  • Reading time:3 mins read
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Sourcing and Managing World Class Statements of Work

Structural changes in workforce composition and how we work have dominated the headlines since the COVID pandemic and received much research attention. Most of the analysis has focused on remote working, the gig economy, hybrid models, and the astounding growth of the contingent workforce which today is over 50% larger than pre-pandemic and represents about 36% of total US employment. What has received less attention are high-end professionals working in…

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Sixth Circuit Joins the Chorus of Appellate Decisions Requiring Arbitration to Be Assessed Before FLSA Notice Issues

  Seyfarth Synopsis: Businesses with arbitration programs often oppose the issuance of notice in FLSA collective actions on the ground that many potential recipients have binding arbitration agreements precluding them from participating in a case. The majority of federal appellate courts have not yet addressed whether arbitration must be addressed before or after notice issues. The Sixth Circuit recently joined the Fifth and Seventh Circuits in requiring the question to…

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Redefining life insurance: An interview with Nichole Lecher

Buying life insurance can be a long, uncomfortable process for consumers. Northwestern Mutual, a 166-year-old company, decided to change the paradigm by building an automated, efficient, and clear solution. In this episode of the McKinsey on Insurance podcast, Eli Larrea, a senior partner in McKinsey’s Boston office, sat down with Nichole Lecher, Northwestern Mutual’s vice president of client experience, strategy and journeys. They discuss the purpose of this transformation, the…

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The lessons I’ve learned as an entrepreneur 

Over the past few months, I have shared more than 30 personal stories that helped shape my professional journey through my ‘Series of an Entrepreneur’. And as I’ve seen in the responses, these experiences, and accompanying lessons, transcend far beyond the consulting industry. We all experience failures, make missteps, endure bad days, weeks, months, even years. And we also, hopefully, experience success, see the reward of good decisions, and hit…

  • Post category:ElixirrImportant
  • Reading time:8 mins read
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Recognizing 5 DEIB Influencers in Unexpected Places

Picture this: a world where workplace culture is transformed not just by well-known DEIB influencers, but by unexpected heroes who wield the power of diversity, equity, inclusion, and belonging (DEIB) in their own unique ways.  DEIB are increasingly recognized as crucial components of a successful workplace culture, and we recognize these individuals who may not typically be associated with the DEIB space, yet their contributions are critical to the success…

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The Incumbent’s Deep Tech Strategy Playbook

Deep tech — the innovative use of emerging physical technologies enabled by digital technologies to solve large-scale problems — has the potential to create transformative growth opportunities for businesses. By tapping into these advanced technologies, leaders are better positioned to address large-scale problems and reshape entire markets. Consider the impact of synthetic biology; by 2030, this rapidly advancing field could affect industries that account for as much as 30% of…

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Deep Dive with Avinash Srivastava

Our Deep Dive series features our technical experts who give you an inside look at how we are solving complex infrastructure challenges for our clients from across the world. This week, we are highlighting our global director of urban analytics from our Buildings + Places business and how he and his team have used their skills to help develop The Point Utah, a 600-acre innovation district outside of Salt Lake…

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Making government an even better place for women to work

When it comes to women’s representation in the US workplace, the public sector continues to have a clear edge over corporations. However, new McKinsey research finds that governmental organizations may struggle to keep leading the way toward gender parity. The latest edition of our annual Women in the Workplace report reveals that the public sector lags private-sector organizations in critical areas that could help curb burnout and attrition among women…

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Why did I bother coming in?

Why did I bother coming in? – Reimagining the role of the office and our working patterns It’s a no-brainer that the expectations of the workforce have shifted so dramatically that different working patterns are now no longer a ‘nice to have’ but a non-negotiable. Organisations need to quickly adapt to a more distributed world. Going forward, asking your people where and how they work best will be vital to attract…

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Key considerations for fintech providers

In many cases, fintech providers themselves will also need to ensure compliance with certain regulatory regimes as well as helping their customers to do so. In this article, we provide an overview of some key regulations fintech providers should be aware of when offering services to their regulated customers, including new obligations under the Digital Operational Resilience Act (“DORA”), the revised Directive on security of network and information systems (“NIS2”)…

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How Long Does a Lawsuit Take?

When a client has asserted a claim against someone and we are unable to negotiate a voluntary resolution, we have to start thinking about plan B—filing a lawsuit to vindicate the client’s rights. Invariably, the client’s first questions are: how much will it cost, and how long will it take? The answer to the first question can vary enormously, but most clients are not terribly surprised to hear that it…

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Balancing Valued Tradition With Innovation

Sooner or later, most successful companies face the challenge of updating a cherished old product. Make no changes, and you risk becoming irrelevant to new customers. Change too much, and you may alienate your most loyal customers. So how do you leverage a historically strong brand with sensitivity to heterogeneous customer preferences? To explore this question, we studied Italian opera companies, which face this dilemma every season. Many of the…

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Applications for ChatGPT and Retail

Few new technologies have taken the tech, business, and academic world by storm quite like ChatGPT, a generative AI chatbot developed to perform everyday tasks such as answering questions, writing code, or drafting cover letters. A range of plug-ins have allowed for even more applications of this tech, further driving the platform’s hype. With its abilities and popularity growing daily, many leaders in retail may be curious as to how…

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AEM as a Cloud Service – Authentication made simple

Authentication in AEM as a Cloud Service is a critical aspect of securing the platform. It also ensures that only authorized users have access to sensitive data and functionality. In this blog post, we will explore the different authentication options available in AEM as a Cloud Service for author environment, how authentication in AEM as a Cloud service works, how authentication in AEM as a Cloud Service differs from on-premise,…

  • Post category:Perficient
  • Reading time:7 mins read
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Pensions Update: Spring 2023

Master trusts – Applicability of Pension Adjustment Orders (“PAOs”) An ongoing issue in respect of master trusts is the applicability of pension adjustment orders (“PAOs”) made prior to a scheme transferring to the master trust. These orders would have been made by the Court in relation to the original pension scheme and served on the original scheme trustees. A question has arisen as to whether master trust trustees can administer…

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Companies Implementing ‘Super-Voting Preferred Stock’ as Stockholder Meeting Solution

Increasingly, many small-cap and microcap public companies are failing to secure stockholder approval of critical proposals, particularly for reverse stock splits and authorized share increases. With heavy concentration of shares held in street name (i.e., by retail investors in US brokerage accounts), these companies historically have relied on brokerage firms to vote retail shares both to establish a quorum – the minimum threshold in voting power of shares that must…

  • Post category:Cooley Law Firm
  • Reading time:17 mins read
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Advanced chip packaging: How manufacturers can play to win

Semiconductor wafers are the basis of the integrated circuits so crucial to most of today’s technology. The wafers’ packaging—whether metal, plastic, ceramic, or glass—connects them to their environment and protects them from chemical contamination and damage from light, heat, and impacts. Compared with the front-end process of designing and fabricating wafers, the back-end process of packaging has been undervalued for two reasons: First, it’s still possible to package wafers using…

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Green Hydrogen investor pathway

Hydrogen-derived green energy is widely perceived as a potential game-changer in tackling climate change. With the pressure to reduce global emissions and achieve temperature targets, it is the focus of numerous innovators, businesses, and financial institutions. Increasingly, the question of green hydrogen is coming to the fore in both the United Nations annual climate summits, as well as across regional and national clean energy conversations. Where are the large investors?…

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EU Commission publishes the first list of very large platforms to fall under the EU’s Digital Services Act (DSA) stricter regime

EU Commission publishes the first list of very large platforms to fall under the EU’s Digital Services Act (DSA) stricter regime The European Commission has confirmed 19 online platforms and search engines identified as ‘very large online platforms’ (VLOPs) and ‘very large online search engines’ (VLOSEs) for the purposes of the EU’s Digital Services Act (DSA). Such companies must comply with the most stringent rules of the DSA. Online service…

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Invest in the Metaverse for first-mover advantage

The Metaverse and its associated technology have raised concerns from its inception. But the objections often take short-term, attention-grabbing views that discount the potential of the technology, and the need for early adoption for any emerging tech or business looking to innovate in the space. So, whilst this recent critique of the Metaverse from Business Insider is nothing new, it’s an important one to analyse. The challenges presented in the…

  • Post category:ElixirrImportant
  • Reading time:5 mins read
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R and D Tax 101

We speak to companies every day who don’t believe the UK’s R&D incentive schemes apply to them. In reality, the definition of R&D for tax purposes covers a much broader range of activities than you might think, and some of your everyday activity could likely qualify as well. The schemes weren’t only created to incentivise scientists and the more traditional ‘research & development’ heavy industries. They’re designed to apply to…

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UK Local elections 2023 – what have we learned?

Greg Campbell assesses the impact of the May 2023 local elections, held in 230 councils in England, and draws out key lessons and questions. When a party leadership projects a number of election losses, they believe the reality will be appreciably less bad so they can claim a ‘victory’. Greg Hands, Conservative Chair, claimed to expect the loss of 1,000 seats – presumably anticipating perhaps 500-700 losses. The actual loss…

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Data Privacy and Cybersecurity Regulations Introduction

  In today’s interconnected digital world, data privacy and cybersecurity have become crucial concerns for individuals, businesses, and governments alike.   Introduction In today’s digital landscape, data privacy and cybersecurity have become paramount concerns for individuals, businesses, and governments. Safeguarding personal information and ensuring robust cybersecurity measures are essential to foster trust and protect sensitive data. In this comprehensive article, we delve into the intricacies of major data privacy and…

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  • Reading time:6 mins read
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Can customers tell you how to run your business?

The business benefits of moving from customer-centric to customer-driven strategy  Businesses talk a big game about customer needs, specifically the ways their particular products can meet those needs. We call this the ‘customer centric’ approach which puts the customer 'at the heart of everything a business does’. While this seems like a great strategy, it actually delivers a somewhat narrow outlook. Why? Because it reduces the understanding of your customers to…

  • Post category:Yonder Consulting
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Take a Skills-Based Approach to Culture Change

Companies worldwide are launching interventions to create innovative organizational cultures that support effective responses to shifts in their business environments. But many well-intentioned programs aimed at cultural change fail to affect employees in a meaningful way, leaving organizations unfit for transformation despite having invested hundreds or even thousands of employee hours. Unlike most types of culture initiatives, a skills-based approach can more effectively infuse new culture components into scale-ups and…

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What’s Happening With the Metaverse? 

It appears the metaverse is dominating conversations and news headlines more and more, but perhaps for all the wrong reasons. You’ve probably seen some of the latest updates, like Zuckerburg burying the metaverse and Microsoft saying “see ya” to it. While there is truth to these updates and they are, no doubt, important developments, I believe the reality is a little bit more nuanced. Below, I’m providing some of my perspectives…

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Empowering Inclusion: The Power of Assistive Technology and Digital Accessibility

In today’s digital age, technology has transformed the way we live, work, and interact with the world. However, not everyone benefits equally from these advancements. Many individuals with disabilities face barriers to accessing and utilizing digital platforms and technologies. This is where assistive technology and digital accessibility come into play, bridging the gap and empowering inclusivity for all. In this blog, we will explore the significance of assistive technology and…

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Court Provides Guidance Regarding Employer Vaccine Mandates

Seyfarth Synopsis: In a published decision, a California Court of Appeal has ruled that a hospital’s decision to terminate an employee for failing to comply with its flu vaccine mandate did not violate California’s Fair Employment and Housing Act (FEHA) prohibition on disability discrimination. Hodges v. Cedars-Sinai Medical Center. The Facts Deanna Hodges was employed by Cedars-Sinai Medical Center (Cedars) in an administrative role with no patient care responsibilities. As…

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The beauty market in 2023: A special State of Fashion report

In 2022, the beauty market—defined as skincare, fragrance, makeup, and haircare—generated approximately $430 billion in revenue. Today, beauty is on an upward trajectory across all categories. It has proven to be resilient amid global economic crises and in a turbulent macroeconomic environment. Beauty is now an industry that many people, from top-tier financiers to A-list celebrities, want to be a part of—and with good reason. Following a solid recovery since…

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The Pain of Honest Evaluations

People are funny. We reason with ourselves that we want the truth, but we prove time and again that we prefer being lied to. If your gut reaction to that statement is defiance, there is a strong chance that you’re lying to yourself about your own emotions. This article isn’t about the psychology of our rational versus emotional processing, but I mention it because we must be aware of this…

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Global Economics Intelligence executive summary, April 2023

Inflation continues to moderate in multiple regions and countries but remains high, and central banks look set to maintain a path of interest rate interventions. However, interest rates and sentiment are weighing on growth projections and the picture is somewhat patchy, with growth in some emerging economies such as China and India outpacing developed economies. In developed economies, the United States saw the Federal Reserve revise down its latest economic…

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The HR Landscape: Economic challenges starting to bite British workforce

The British workforce is experiencing a noticeable shift. Even before the pandemic, the UK had been grappling with productivity problems. Now, the post-pandemic landscape has brought new challenges such as ‘burnout’, ‘quiet quitting’, and ‘Great Fatigue.’ This has led to questions about a motivation freefall in the workforce. It’s not hard to understand why. People in the UK are grappling with a cost-of-living crisis, diminishing public services, and continued political…

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Why ESG will be at the forefront of 6G

17 March 2023 Consumers and investors are increasingly focused on how seriously companies take their responsibilities to society and sustainability. Amit Nagpal, Partner at Aetha Consulting, says that environmental, social and governance (ESG) reporting will provide the metrics by which investors, companies and their customers judge performance and how sustainability will be the number one priority when designing the next generation of network technologies. Environmental, social and governance brings a…

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The Benefits of Experiential Retail

When was the last time you really had fun shopping? According to a recent Squire Patton Boggs report, entertainment is “the most important aspect of a meaningful retail experience.” Moreover, younger shoppers care even more about their experience while shopping. In response, retailers continue to find new ways to bring “experiential retail” to life. Be it an art or a yoga class  or a digital catwalk, leading retailers are finding…

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