The biggest tech companies strengthened their hold on the global economy during the pandemic. Now, the industry is leveraging a moment of market euphoria to gear up for what comes next. READ MORE
Return on Purpose: Study Confirms That Corporate Purpose Matters
For anyone who thinks that corporate purpose and stakeholder perspectives are at odds with the interests of shareholders, think again, says Greg Milano, CEO of Fortuna Advisors LLC, and author of Curing Corporate Short-Termism. READ MORE
Nasdaq seeks mandatory board diversity for listed companies
Nasdaq is pushing for the more than 3,000 companies listed on its U.S. stock exchange to make their boardrooms less overwhelmingly male and white by hiring directors that better reflect the country’s diverse population. READ MORE
A new setback for big cities as return to the office fades
U.S. employees started heading back to the office in greater numbers after Labor Day but that pace is stalling now, delivering another blow to economic-recovery hopes in many cities. READ MORE
‘Good riddance’: Tech’s flight from San Francisco is a relief to some advocates
When Chirag Bhakta saw a headline recently that said tech workers were fleeing San Francisco, he had a quick reaction: “Good riddance.”
Bhakta, a San Francisco native and tenant organizer for affordable housing nonprofit Mission Housing, is well-versed in the seismic impact that the growth of the tech industry has had on the city. As software companies expanded over the past decade, they drew thousands of well-off newcomers who bid up rents and remade the city’s economy and culture. READ MORE
Whole Foods CEO slams socialism as 'trickle-up poverty': 'It doesn't work’
Whole Foods CEO John Mackey slammed socialism as “the path to poverty” and defended capitalism as the “greatest thing humanity’s ever done” during a recent interview.
Mackey, who is worth an estimated $75 million, made the remarks last week to the American Enterprise Institute while discussing the culture of business leadership and how he believes it needs to change to help better elevate humanity through business. READ MORE
Jeff Bezos Says There Are 2 Kinds of Failure and You Should Only Tolerate 1
If there's one thing just about every super successful entrepreneur out there can agree on (besides a love of books), it's that failure is a necessary part of creating anything new and worthwhile. From Richard Branson to Elon Musk to Sara Blakely, just about every billionaire you admire has offered advice on how to get more comfortable with failure so you can achieve more. READ MORE
America’s unique brand of entrepreneurism is, and always has been, a source of hope for the future
Many of us started the new decade with high hopes and renewed aspirations, and instead, this year delivered a devastating blow. For all the setbacks and losses we’ve experienced, a brighter future remains. We can still look forward to a thriving entrepreneurial environment and fruitful innovations that can continue to improve lives and open new opportunities and horizons. READ MORE
A Guide to the performance management revolution
Forward-thinking companies understand the true potential of performance management, which cannot be achieved by a once-a-year appraisal and a rating created from the top down. By shifting traditional performance management to continuous performance management—built on a foundation of regular check-ins, ongoing feedback, and frequent recognition moments—companies can optimize performance by enabling employees to achieve more with the support of their peers and manager. READ MORE
How to best manage ESG disclosures
The countless environmental, social and governance (ESG) reporting systems can make the disclosure process time-consuming, duplicative and confusing. Companies should centralize ESG oversight into a single function, Evan Williams, capital markets competitiveness director for the U.S. Chamber of Commerce, said. READ MORE
Elon Musk Says This Fun Activity Is What Started Him Toward Success
How did Elon Musk first get interested in programming? By playing video games. The Tesla and SpaceX founder talked about his love of video games and how they started him on his career path at a video game convention last year. READ MORE
Anyone Can Learn to Be a Better Leader
When you’re an individual contributor, your ability to use your technical expertise to deliver results is paramount. Once you’ve advanced into a leadership role, however, the toolkit that you relied on to deliver individual results rarely equips you to succeed through others. Beware of falling into the logical trap of “if I can do this work well, I should be able to lead a team of people who do this work.” This would be true if leading others were akin to operating a more powerful version of the same machinery you operated previously. But it’s not; machinery doesn’t perform better or worse based on what it thinks about you and how you make it feel, while humans do. READ MORE
Stop Asking for Feedback
Many years ago, I applied for a role I had considered my dream job. I made it to the last round of the interview process where I had to give a presentation at the company. When I was done, I asked them for feedback. “How did it go?” I said and received some damning and utterly unactionable comments. I left the room with a deflated sense of self. Needless to say, I didn’t get the job. READ MORE
These Simple Changes to Your Performance Reviews Will Make More Effective Employees
Performance reviews are an essential tool for monitoring and improving employee progress and giving them support and guidance. But, the traditional performance review has become clunky and outdated. These reviews are often a source of stress and anxiety for employees and they usually don’t provide the real-time feedback that many team members need to be highly successful. READ MORE
Tesla zooms past Buffett's Berkshire to become 6th-largest US company
TikTok owner gets another week to sell its US business
TikTok's deadline to finalize a US buyer has been extended for the second time in less than a month.
The Trump administration on Wednesday gave the short-form video app's Chinese owner, ByteDance, until December 4 to conclude a proposed takeover deal by Oracle and Walmart, according to a spokesperson for the Treasury department. READ MORE
What We Like About Pandemic Shopping
America’s upended shopping habits are a glimpse at how we’ve been altered by this pandemic-scarred year.
More of us are getting goods delivered, and we’re buying more cars, exercise equipment and ham and spending less on plane tickets and restaurant meals. READ MORE
9 ways to manage remote teams and the virtual office in 2021
Now that the debate about remote work is over, it's time for managers to set new goals for managing the workforce of 2021. Many teams have never met in person and may never work side by side. Some employees joined the company via Zoom and connect with colleagues exclusively via a laptop screen. READ MORE
E-Commerce Startups Spy Opportunity As Retailers Brace For ‘Peak On Top Of a Peak’ Online Black Friday This Year
Black Friday 2020 is a golden opportunity for startups that offer e-commerce technology. That’s because U.S. retailers are gearing up for a shopping extravaganza this year that’s expected to take place amid unprecedented demand for online options. READ MORE
AI Can Run Your Work Meetings Now
Julian Green was explaining the big problem with meetings when our meeting started to glitch. The pixels of his face rearranged themselves. A sentence came out as hiccups. Then he sputtered, froze, and ghosted. READ MORE
