The Securities and Exchange Commission (SEC) is reportedly investigating the circumstances around Eastman Kodak’s announcement of a $765 million government loan to manufacture drugs at factories in the U.S. READ MORE
How Kodak went from photography pioneer to pharmaceutical producer
Kodak is back in the news again after some time flying under the radar, and for a somewhat surprising reason: The Trump administration has tapped the legacy film and photography pioneer to produce pharmaceutical ingredients. READ MORE
More than 100 executives warn Congress of 'catastrophic' consequences without relief for small business
More than 100 current and former top executives at major U.S. companies are calling on Congress to pass long-term relief to ensure that small businesses survive the coronavirus pandemic. READ MORE
My company banned non-compete agreements. Here's why others should, too
This year has been a wakeup call. With historic numbers of Americans out of work since the pandemic struck the United States and a renewed conversation about systemic racism highlighting structural power imbalances, it's more important than ever that we create a more equitable and fair system for workers. One way to do this: Ban non-compete employment agreements. READ MORE
Love him or hate him, Elon Musk is enjoying a spectacular run
Whether you find him admirable or obnoxious, Elon Musk is having a fantastic year. READ MORE
Performance Management During a Pandemic: Setting Goals Amid Constant Change
Performance management is the process of setting expectations, giving feedback, and addressing performance outcomes. But how can companies set expectations with employees when business objectives are uncertain and the skills, competencies, and behaviors needed to meet those goals are constantly changing? READ MORE
Performance Management Post-COVID-19: Things to Consider
The COVID-19 pandemic has disrupted how organizations are operating, with many experiencing reduced hours, adjusted goals, furloughs, or even layoffs. READ MORE
The legal fight against big tech is like the fight against organized crime
On Wednesday, the House's top antitrust subcommittee grilled big-tech CEOs Mark Zuckerberg, Sundar Pichai, Tim Cook and Jeff Bezos, who appeared via videoconferencing software. Some people called it tech's "Big Tobacco moment" while others compared it with past antitrust investigations of Microsoft and AT&T. To me, the hearing - and the ongoing investigations - conjured another set of hearings from 70 years ago: the probe into mob activity led by Sen. Estes Kefauver, D-Tenn. READ MORE
Remote Work Isn't Working? Maybe Your Company Is Doing It Wrong.
As the pandemic stretches on, some companies are souring on remote work. Maybe that’s because they’re not doing it right. READ MORE
Trump's TikTok ban could make Big Tech even more dominant
On Wednesday, Facebook CEO Mark Zuckerberg pushed back against claims that his company is too dominant by name dropping a list of his competitors. Almost all of the ones he cited were other Big Tech companies whose CEOs were appearing virtually beside him at that very moment in a high-profile antitrust hearing. READ MORE
With stimulus in flux and infections on the rise, focus is on Powell to outline the fate of the economy
When the Federal Reserve meets this week, investors and policymakers alike will pay close attention to how Fed Chair Jerome H. Powell characterizes the state of the economy — and the extent to which he flags the worsening pandemic and chaos over the next round of stimulus as risks to the recovery. READ MORE
Google Identifies Its Very Best Leaders Using These 13 Questions
Google has long been known as a hotbed for attracting, growing, identifying, and even measuring the best leaders (and teams).
This last bit, identifying and measuring the best leaders, is especially tricky, but smart people at Google have found a spot-on way to separate the wheat from the chaff (as the saying goes). READ MORE
Goldman revamps employee reviews, opening door to greater job cuts
U.S. investment bank Goldman Sachs Group Inc is adopting a performance review system that will grade up to 10% of its 39,000 employees as under-performers this year, according to an internal memo sent on Monday, potentially leading to more job cuts in 2021 than the bank has made in recent years. READ MORE
Higher Taxes Are Coming – Here’s How To Prepare
We are all dealing with greater uncertainty than usual driven by questions like: How long will we be battling Covid-19? What will the economic impact be? How will the stock market perform? And will my kids ever go back to school? READ MORE
Considerations for your next virtual board meeting
Through the COVID-19 pandemic, organizations have had to improvise aspects of their businesses practically overnight to ensure that operations continue to run smoothly despite stay-at-home orders and social distancing requirements. This includes how boards operate, and because of these transition efforts, virtual board meetings are no longer a futuristic idea. READ MORE
Can shoppers save the US economy? We're about to find out
A lot is riding on Americans' willingness to grab their wallets again.
The world's biggest economy is powered by consumer spending — and in recent months there have been signs of a recovery. Retail sales increased 7.5% in June from the prior month, almost back to where they were before the pandemic. That followed an 18% jump in May. READ MORE
The economy could fall off a fiscal cliff
The economy is once again teetering on the edge of a so-called fiscal cliff. Investors don't seem to care. READ MORE
Supporting our businesses and getting back to work
COVID-19 has impacted every single one of us in one way or another.
For those who are parents, we have needed to transition into teachers and tutors while continuing to meet the obligations of our jobs. For those who have fallen ill or have a family member who has fallen ill, you may have needed to take time from work to care for them. And for those whose workplaces have taken a huge financial hit due to COVID, you may have been laid off due to financial shortfalls. READ MORE
Companies Start to Think Remote Work Isn’t So Great After All
Four months ago, employees at many U.S. companies went home and did something incredible: They got their work done, seemingly without missing a beat. Executives were amazed at how well their workers performed remotely, even while juggling child care and the distractions of home. Twitter Inc. TWTR -2.34% and Facebook Inc., among others, quickly said they would embrace remote work long term. Some companies even vowed to give up their physical office spaces entirely. READ MORE
How the pandemic is changing employee recognition
Employee recognition historically has involved formal acknowledgment of long-term contributions or periodic rewards for special efforts: recognizing how long workers have stayed with their company or choosing one or two employees for “superstar” recognition by selecting them as employee of the year, quarter or month. READ MORE