Q: What are the core values that led you to the work you do? Passion and compassion drive me professionally and personally. I have a fervency for service to others that comes out of my roots in Judaism: You don’t have an obligation to perfect the world, but you do have a responsibility to keep trying to make things better. I come from a community that has been marginalized in…
Americans are all in for labor these days. According to an August 2022 Gallup poll, 71 percent of Americans approve of labor unions, up from 64 percent prior to the pandemic and the highest Gallup has recorded since 1965. SLS Professor Emeritus William B. Gould With Hollywood writers and actors on their first coordinated strike in 63 years, thousands of Los Angeles hospitality workers walking their own picket lines, and…
Last year, electricity was in short supply, and prices in the electricity market skyrocketed. Rising prices signal a shortage ‒ for example, during hours of high demand and low production from renewables, and during crises such as the gas shortage resulting from the Ukraine war. However, most consumers in Switzerland have little incentive to respond to these price signals, as they are supplied by their electricity utility (EVU) at a…
Social value has been ‘a thing’ in the business world since the 70s. But it has gradually increased in prominence, particularly in the last decade as awareness of the importance of operating sustainably has grown. Of course, it’s not just about sustainability. Social value incorporates what organisations do in terms of community (their relationships with the communities in which they operate and employ people), wellbeing (ensuring employees are well looked…
Employers have a duty to provide a safe working environment to their employees, to ensure they are not discriminated against, and do not suffer harassment or victimisation, due to any of the protected characteristics under the Equality Act 2010. However, when it comes to bullying at work, employers will have become aware that the ‘bar’ when behaviours cross the threshold to be classed as bullying seems to have lowered, which…
The digitisation of businesses and the increasing reliance on technology for core business operations has heightened the risk of a cyber attack. In fact, in this day and age, it's a matter of when – and not if – a cyber attack will take place. A cyber attack can cause significant financial loss, intellectual property theft, disruption to business services and can also damage investor and consumer confidence in a…
In 2021, as so many communities continued to grapple with the financial effects of the pandemic, Fernando Cortes struggled to find work and pay his bills. A friend told him that Destination: Home, a nonprofit focused on the unhoused and supported in part by Apple, could help defray the cost of his rental payments as part of its Homelessness Prevention System. “I wouldn’t have been able to continue living in…
The idea that a leaner body makes for a faster stride is common among distance runners. But it's inaccurate and sets a dangerous ideal, according to Megan Roche, MD, PhD, an ultrarunner and researcher at Stanford Medicine. Runners who are excessively lean are prone to injuries, infectious diseases, mental health problems and loss in bone density, said Michael Fredericson, MD, a professor of orthopaedic surgery who has served for decades…
You’re not doing anyone a favor by avoiding conflict.
Servant leadership was a crucial stepping-stone to a more humane world of work, but “noble-purpose leadership” is better suited for today’s chaotic environment.
For more than a decade, the World Happiness Report—a collaboration among several top universities in the United States, the United Kingdom, and Canada—has published annual data on the happiest countries in the world; Finland has held the top spot for six years in a row. Part of a vast body of literature that examines people’s subjective well-being and the factors that contribute to its improvement or decline, the report calculates…
Private capital loved software —or it did for about a decade, during which capital deployment skyrocketed. In more recent quarters, software markets have reflected global macroeconomic uncertainty. Publicly listed companies’ multiples swooned; access to debt markets tightened; and private markets continued to hold large amounts of dry powder. Developments in banking that have affected major tech-financing entities may also affect capital raises for software. Developments in banking that have affected…
On June 12, 2023, UBS formally took over Credit Suisse. This step was announced three months ago, at the historic press conference on March 19. Since then, there has rightfully been fierce discussion about the events surrounding the two major banks. Not only was emergency law applied, but state guarantees amounting to billions were granted. The chosen approach was a result of the power of circumstances and a regulatory failure.…
Part-time workers who want more hours are a hugely untapped resource. Strange, since employers continue to encounter skills shortages. Why are qualified, eager workers underemployed? Harvard Business School Professor Joseph Fuller’s latest paper, “Hidden Workers, Part-Time Potential,” reveals that many such workers are caregivers, excluded from full-time jobs because short-sighted employers don’t offer them the flexibility they need. Filtered out by hiring algorithms due to employment gaps or other hiring…
Interestingly we see a transformative shift of institutional investors towards ESG investing in private markets, highlighting its rise, the demand for enhanced reporting, and the potential for a sustainable future. According to a report published by PwC Luxembourg, titled ‘GPs’ Global ESG Strategies: Disclosure Standards, Data Requirements & Strategic Options‘, institutional investors are transforming their investment philosophy as they increasingly prioritise environmental, social and governance (ESG) considerations. As the momentum behind…
Conversation is an integral part of everyday life, anchoring all sorts of interactions, from mundane daily planning with one’s partner to collaborative work meetings to jury deliberations. Research has shown that even brief conversations can play an influential role in society, such as by creating support for anti-discrimination laws, or influencing voting behavior, and these effects can spread throughout social networks. by Kirk Kardashian But does conversation actually change…
The public’s growing concerns about environmental issues, along with the U.S. Federal Trade Commission’s efforts to impose fines on businesses for greenwashing, point to the potential fallout when companies engage in environmentally damaging actions. Companies such as Burger King, KFC, and McDonald’s have all been recent targets of government and investor pressure to cut plastic waste. Last year, both Kohl’s and Walmart reached settlements of $2.5 million and $3 million,…
As the cannabis industry matures, there will be winners and losers. Losers lack access to the U.S. Bankruptcy Code. Marijuana related assets cannot be sold free and clear of liens and encumbrances via the tried and true bankruptcy section 363 sale, which leaves the loser’s creditors without the best tool to maximize the value of the loser’s assets, and deprives acquirers of a federal court order conveying assets. What’s the…
Last year, the SEC released very ambitious proposals for disclosures on climate-related issues with these soothing words: “Our core bargain from the 1930s is that investors get to decide which risks to take, as long as public companies provide full and fair disclosure and are truthful in those disclosures.” In the abstract, this message contains a good deal of sense. But in the concrete, the proposition contains some major ambiguities…
For businesses to secure a sustainable future, they must enhance their ability to adapt and innovate in an ever-evolving marketplace. Here, we’ll explore why change capability is a vital determinant of transformational success and provide two pieces of advice that leaders can leverage to build this key competency. We’ve heard it all before, but the evidence says your next transformation is likely to fail! Repeated studies have shown that most…
Whether you love or hate the term, it represents an important quality for leaders – the ability to show up in a way that engages others, aligns and motivates them, and that ultimately can rally them to get things done. When working with leaders who are self-identified introverts, they often prickle at the assumption that they need to consciously “extrovert” themselves to demonstrate executive presence. Or be gregarious. Or just…
Take a look at how we’re reducing emissions and helping people make more sustainable choices.
As organizations progress their listening journey, many are placing increasing focus on measuring the employee experience more holistically, taking stock of key moments across the employee lifecycle. This can be accomplished through the use of "always-on" surveys. Always-on surveys differ from traditional, point-in-time listening events. They are continuous in nature — meaning that they don’t have a pre-defined start and stop date. Always-on employee listening measures the evolution of an…
“We want to build a solid and sustainable business that is ready for the future” It all started with a university project of Jesse Mostert: setting up a mini business. He decided to sell plant cuttings through Instagram. Not a bad idea, keeping the nursery in mind that had been in the family for three generations. When orders from all over Europe started pouring in, he realised: we need to…
The article discusses the rise of virtual influencers alongside traditional influencers on social media platforms. It highlights the benefits of virtual influencers, such as stability, creative control, and 24/7 availability, for brands. The increasing popularity of virtual avatars, their unique advantages, and their potential as a long-term investment are explored. The coexistence of both virtual and human influencers is expected to shape the future of influencer marketing, offering exciting opportunities…
With the rise of artificial intelligence (AI), smart technologies have entered many aspects of our lives, particularly in the form of home appliances that streamline our daily routines. Although robot vacuums already adopted AI among cleaning appliances, traditional stick-type vacuum cleaners have still room for intelligent innovation, considering being the cleaning solution that most people are familiar with. Recognizing this white space, Samsung recently introduced Bespoke Jet AI, the world’s…
Before the start of Galaxy Unpacked 2023 on July 26, taking place in Seoul, Korea for the first time, Samsung Electronics is releasing its “Join the flip side” digital out-of-home (OOH) advertisements one by one at landmarks across the world. Samsung Newsroom is previewing two teaser videos ahead of the event: “Join the flip side” and “The Journey of Galaxy Unpacked.” “Join the flip side” Takes Over the World The…
The article discusses India’s record-breaking foodgrains production in 2021-22 and the emerging challenges posed by climate change, resulting in extreme weather events. It highlights the impact of such events on the different stages of crop lifecycles – sowing, irrigation, and harvesting. The article also presents possible mitigation measures, including using resilient crop varieties, incorporating millets in the crop mix, adopting precision agriculture techniques, and evaluating future crop distribution. India witnessed…
The COVID-19 pandemic saw a marked surge of e-commerce and online grocery delivery services that persisted past lockdown conditions. The latest work(opens in new window) by Carnegie Mellon University College of Engineering researchers examined the impacts of grocery delivery on energy use, emissions and traffic congestion, and whether there might be a better way to manage and optimize deliveries. The study found that grocery delivery was less energy efficient than…
From left to right: SoFi CEO Anthony Noto, Wise CEO Kristo Käärmann, Adyen co-CEO Pieter van der Does, and a16z Partner Alex Immerman. During a recent Connect/Fintech event hosted by a16z, Pieter van der Does, co-founder and co-CEO of leading financial technology platform Adyen, Anthony Noto, CEO of the leading digital personal finance company SoFi, and Kristo Käärmann, co-founder and CEO of leading money movement platform service Wise, sat down…
Harlan Krumholz: Welcome to Health & Veritas. I’m Harlan Krumholz. Howard Forman: I’m Howie Forman. We’re physicians and professors at Yale University. We’re trying to get closer to the truth about health and healthcare. This week, we’ll be speaking with Dr. Melissa Davis. But first, we’d like to check in on hot topics in health and healthcare. And Harlan, I know there’s a topic that got you really interested, and…
On 13 July 2023, China’s Cyberspace Administration of China (CAC) and six other regulators have jointly passed the Interim Measures for the Management of Generative Artificial Intelligence Services (GenAI Measures) which come into force on 15 August 2023. The new law, which is the first of its kind in Asia, follows from previous draft measures released earlier this year. The new rules contain several notable changes which provide more clarity…
We are in the middle of a robot revolution. The past decade has seen dramatic growth in robot adoption across an increasing number of industries, and it shows no signs of slowing. In a recent McKinsey survey of companies worldwide, 88% of respondents said they plan to invest in robotics for their business. Our research has found an equally and perhaps more important transformation taking place: The adoption of robots…
In February this year, McDonalds entered into a legally binding agreement with the Equality and Human Rights Commission through which it pledged to protect its staff from sexual harassment. Following the agreement, the BBC began an investigation into working conditions within McDonalds, which has now revealed over 100 allegations from current and former McDonalds workers across the past five months relating to sexual assault, harassment, racism and homophobia. From pledging…
Recently, it’s been impossible to open LinkedIn or browse the articles from your favourite thought leader without being confronted with headlines such as ‘AI WILL CHANGE THE WORLD AS WE KNOW IT’ and ‘ROBOTS ARE BETTER THAN YOU’. I haven’t had such trepidation about technology since watching films like The Terminator as a youngster, albeit I was pretty excited about the world that Back to the Future painted. We’ll get…
Bruce explains that motivational interviewing is still the most effective intervention for substance abuse, why adherence hasn’t improved in 40 years, and why discharge counseling should be provided the day before patients leave hospital. He also shares how MI interventions reduced the patient dropout rate from 13% to 1.2%, saving $93 million for one biotech company in four months, and urges healthcare leaders to stop objectifying patients. Show Topics Motivational…
While many companies talk the talk of sustainability, claiming to be integrating environmental and societal concerns into their business models, far fewer walk the walk: Managers typically treat sustainability as someone else’s problem and relegate it to a department or even a single individual.1 On the other hand, companies that have been successful in transforming their business models to be more sustainable have embedded sustainability into their corporate DNA. This…
Elabor8 customer, one of Australia’s largest banks with almost 40,000 employees, underwent a major enterprise-wise transformation. The aim was to introduce a fresh operational approach that would improve its response to customer needs, empower staff and enable productivity. While this drove positive change across much of the business, the new model didn’t seem to translate on the ground to the home lending business unit, which needed to work effectively with…
After more than a decade of low interest rates, many people will be pleased to see the amount their savings are earning is starting to rise. Yet, it could mean you need to pay a tax charge. Interest from saving accounts may be liable for Income Tax. When the average interest rate was below 1%, you usually had to have a substantial amount held in cash accounts to face a…
We’re excited to share that Antstream Arcade, a cross-platform streaming platform focusing on retro games, is now available on Xbox Series X|S and Xbox One, bringing its current library of over 1,300 retro games to Xbox consoles. Jump in today and play classics like Mortal Kombat, Pac-Man, Asteroids, and Earthworm Jim from your couch. Experience classic PS1 and Nintendo games such as Loaded, Indiana Jones Greatest Adventures, and Super Star…