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☆ Companies are too quick to lay off employees in a recession, one entrepreneur says. Instead, they should focus on retaining valuable 'human capital.'
▼ + stars: | 2022-12-13 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Instead, he said, business owners should look at other ways to cut costs. This article is part of Talent Insider, a series containing expert advice to help small business owners tackle a range of hiring challenges. He attributed that outcome to the closer relationships business owners have with their employees. But Niddel said it's not enough to ask employees to take a pay cut if the founder isn't doing so as well. For example, Luzio and her chief operating officer took larger pay cuts than the rest of the staff.

☆ Carlyle just promoted 71 people to leadership positions, including 32 to partner status. See who made the list.
▼ + stars: | 2022-11-22 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +2 min

Private equity giant Carlyle just promoted 32 people to partner and 39 to managing director. The list includes 8 real estate execs, 8 US buyout execs, and one focused on DEI. The Washington, DC-based buyout firm, which boasts $369 billions in assets, promoted 32 of its 2,100-person workforce to partner, the highest status one can achieve at the firm. All three of its main business segments were represented, including global private equity, global credit and global investment solutions, according to a spokesperson. The list includes three European buyout executives and eight US buyout executives, including Tanaka Maswoswe, who leads buyouts in the industrial and transportation sectors, and was included in a 2021 Insider list highlighting some of the firm's top investors.

☆ Here are Monday's biggest analyst calls: Amazon, Nio, Disney, Carvana, Coinbase, Costco & more
▼ + stars: | 2022-11-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan reiterates Amazon as top idea JPMorgan said the e-commerce giant is well positioned heading into the holiday season. " Morgan Stanley initiates Las Vegas Sands as overweight and names DraftKings as a top pick Morgan Stanley said in its initiation of Las Vegas Sands that it sees an attractive risk/reward. Morgan Stanley downgrades MongoDB to equal weight from overweight Morgan Stanley said in its downgrade of the database platform company that it's concerned about slowing growth for MongoDB. JPMorgan reiterates Charles Schwab as overweight JPMorgan said Charles Schwab is well positioned as one of the biggest "distributors of third-party mutual funds." Morgan Stanley upgrades Restaurant Brands to equal weight from underweight Morgan Stanley said it likes that the owner of brands such as Burger King appointed the former Domino's CEO as executive chairman.

☆ 'No longer science fiction'? Metaverse could pump $1.4 trillion a year into Asia's GDP, report says
▼ + stars: | 2022-11-14 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

The impact of the metaverse to GDP in Asia could be between $0.8 and 1.4 trillion per year by 2035, said a new Deloitte report. The impact of the metaverse to GDP in Asia could be between $0.8 and 1.4 trillion per year by 2035, said a new Deloitte report. watch nowDeloitte's new report, titled "The Metaverse in Asia: Strategies for Accelerating Economic Impact," examined the potential influence of the metaverse on 12 Asian economies. Developing the technology stacks, human capital and regulatory frameworks to realize Asia's trillion-dollar metaverse potential will benefit a wide range of industries and economic activities," said Kulasooriya. ObstaclesThough Deloitte's report suggests China could the biggest beneficiary in terms of GDP, the country still faces heavy regulatory challenges in developing the metaverse.

☆ Japan lives at the bleeding edge of good enough
▼ + stars: | 2022-11-11 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com time to read: +6 min

Prime Minister Fumio Kishida says he will put innovation and scientific research at the “centre” of his policy push. That has meant pushing the $1.3 trillion Government Pension Investment Fund to get involved funding startups while removing policy bottlenecks. In the United States nearly a third of venture capital came from pensions whereas in Japan it is only 3%, according to a Nikkei report. However, the blunting of Japan is due more to its failure to deploy existing tools and best practices than invent new ones. Investing in the future makes for riveting speeches, but Japan Inc will get more from reinventing itself than inventing new things.

☆ On-the-job training is a useful perk that helps retain employees. Here's how to build an education program that benefits your business and workers.
▼ + stars: | 2022-11-11 | by ( Rachel Durose | ) www.businessinsider.com time to read: +5 min

On-the-job training and education programs can help businesses retain valuable workers. Here's how business leaders can create training programs at their companies. This article is part of Talent Insider, a series containing expert advice to help small business owners tackle a range of hiring challenges. "On-the-job training and education programs can play a pivotal role in sourcing and retaining employees." Oftentimes, on-the-job training isn't just a useful perk, but a necessary tool for retaining employees, three managers and company leaders told Insider.

☆ Tech investor says Elon Musk's decision to 'cut deep' in Twitter layoffs could set a new standard for Silicon Valley
▼ + stars: | 2022-11-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Tech investor David Friedberg said Twitter's layoffs could encourage other companies to follow suit. Elon Musk laid off about 50% of Twitter's staff, while other tech companies have had more conservative cuts. Tech investor David Friedberg said Musk's cost-cutting measures at Twitter could quickly become a new Silicon Valley standard as companies struggle to address the economic downturn in the months to come. Twitter staff were told to listen to the podcast episode to learn why layoffs were necessary, according to tech newsletter Platformer. However, some experts have pointed to Musk's layoffs — which were conducted via blunt emails signed by "Twitter" — as an example of what not to do.

☆ Op-ed: The U.S. and China should not miss a historic opportunity to save the world
▼ + stars: | 2022-11-03 | by ( Siddharth Chatterjee | The United Nations Resident Coordinator To China | ) www.cnbc.com time to read: +4 min

Climate Change Conference (COP 27) in Egypt approaches, the countries of the world face a stark choice between two paths. Such exploitation leads to more climate change, more floods, more fires, more hunger, more diseases, more forced migration and more war. Anyone who accepts the scientific facts of climate change understands that this must be our choice. The U.S. and China can each take dramatic climate action on their own, but they must also rise above current tensions to collaborate. Over a decade ago, cooperation between the U.S. and China laid the foundation for global action on climate change and paved the way for the 2015 Paris Agreement.

☆ Two potential opportunities for value creation emerge as Starboard takes a stake in Salesforce
▼ + stars: | 2022-10-22 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

Starboard views Salesforce as a high quality and sticky business at an attractive valuation with the potential for significant value creation through a better balance of growth and profitability. Salesforce peers are operating at a "rule of 50" – average revenue growth plus adjusted operating margins of peers equals 49.4. Salesforce currently has a revenue growth rate of 17.0% and 20.4% operating margins, which brings it to 37.4 combined. Starboard has had extensive experience with growth companies that begin to see slowing growth rates and need to either regain that growth and/or focus on margins. Even if they were to hit that target, this would only bring them to a growth + margin of 42.

"The mobilisation declaration and the strengthening of geopolitical and sanctions risk are launching the second wave of the economic crisis," said Evgeny Suvorov, an economist at CentroCreditBank, expecting Russia's economic contraction to worsen in the final months of the year. But there was no acknowledgement of any link to his sudden partial mobilisation announcement on Sept. 21. The central bank on Tuesday said economic activity in Russia slowed significantly at the end of September. "The main consequence of mobilisation is the loss of human capital," said veteran economist Natalya Zubarevich. "It was possible to count exclusively on human capital to pull the economy through, but now a part of this human capital of productive age is subject to mobilisation and another part is leaving," Polevoy said.

☆ Amazon and Walmart are creating huge demand for electric trucks and vans. 8 execs at up-and-coming EV outfits reveal how their strategies for winning the commercial market.
▼ + stars: | 2022-09-28 | by ( Alexa St. John | ) www.businessinsider.com time to read: +9 min

8 execs revealed how they're making the commercial EV space their priority. Which is why entrepreneurs and startups are focused on solving some of the great roadblocks to electrifying the commercial EV space. It's the first EV charging manufacturer to be run by a Black woman, CEO Natalie King. King sees opportunity in home and public charging applications, but considers development of commercial EV charging a way to further adoption in the space. "The commercial space is so important because the adoption of EV technology really needs help in its expansion," King said.

Lauren Taylor Wolfe co-founded Impactive Capital, an activist investment management firm focused on ESG investing for the long run. We've seen a lot of pushback come from some politicians and I think that's simply too risky. Understanding environmental risks and social risks is simply good fundamental analysis and it's simply good investing. We have too many managers, CEOs and boards focus on hitting their quarterly or annual figures and we believe that there's true opportunity to focus on long term returns, long term IRRs. And I think smart ESG initiatives is simply good business.

☆ Late-night emails, ruined weekends, and crazy workloads: Toxic managers are creating a burnout crisis
▼ + stars: | 2022-09-22 | by ( Ed Zitron | ) www.businessinsider.com time to read: +8 min

Burnout almost always grows out of a poor work-life balance, but understanding that balance — much less recalibrating it — is difficult to do. No amount of free time can fix a work-life balance ruined by a poorly managed company or department. Readjusting work-life balance and ending burnout requires companies and managers to allow employees to mentally disconnect from their work. Beyond vacations, creating a positive work-life balance requires companies to create a culture that prioritizes people recharging. It also means that management must take the responsibility of maintaining a healthy work-life balance away from their employees and put it on themselves.

☆ Citi exceeded its 2022 goals to make leadership more diverse. A top exec explains what the firm is focused on next.
▼ + stars: | 2022-09-20 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +4 min

In June 2021, Citi hired Erika Irish Brown to lead diversity and inclusion at the firm. Since then, Citi exceeded its goals to increase Black and female leadership. "As proud as we are of our representation goals, it's just one tool in the toolkit," Brown told Insider. "We have very specific development and retention programs for mid-level Black employees as well as women," Brown said. For Brown, diversity and inclusion isn't a one-department job; it's a company-wide priority.

☆ Americans agree — companies should invest in workers, including paying employees a livable wage
▼ + stars: | 2022-05-26 | by ( Martin Whittaker | ) www.businessinsider.com time to read: +6 min

But there's a difference between increasing pay and giving workers a living wage. Recent polling shows that 85% of Americans want companies to invest in their workers. And while many companies have been doing so by increasing starting pay and adding new benefits, now it's time to tackle paying a living wage. Paying a living wage is a key part of the equation. This is just one example of workers' financial security needs helping to drive corporate action (PayPal is probably the most well known).

☆ People: Employees' well-being, diversity, and equity are key components of sustainability
▼ + stars: | 2022-03-03 | by ( Sharon Goldman | ) www.businessinsider.com time to read: +5 min

Sustainable goals include improving people's well-being, health, and equity. This article is part of the "Financing a Sustainable Future" series exploring how companies take steps to set and fund sustainable goals. That includes investing in everything from fair wages to reskilling and upskilling; health and safety; diversity, equity, and inclusion; gender equality; and fair hiring practices. For Horizon Therapeutics, a biopharmaceutical company with 1,800 employees worldwide, a key priority around diversity, equity, and inclusion is pay equity. "We have 100% pay equity at Horizon,'' said Irina Konstantinovsky, Horizon's executive vice president, chief human-resources officer, and chief diversity officer.

☆ Companies need to embrace an innovative path to create new employment opportunities
▼ + stars: | 2022-03-03 | by ( Ravi Kumar | ) www.businessinsider.com time to read: +5 min

This article is part of the "Financing a Sustainable Future" series exploring how companies take steps to set and fund sustainable goals. A LinkedIn survey found just one in 67 paid jobs in the US offered remote work in 2020, and that number this year grew to one in six. The labor shortage is compelling companies to boost pay. Low-complexity jobs will inevitably be automated, given the acute labor shortage, and the real opportunity will be in training people to take on higher-order responsibilities, which will allow enterprises to scale business purposefully. Remote work means more people otherwise limited by their circumstances — like caregiving adults, students, and people with disabilities or in rural areas — can now be included in the nontraditional American workforce and gig economy.

☆ Bank of America's CHRO Sheri Bronstein shares how she led a crisis response for the bank's 200,000 employees
▼ + stars: | 2021-04-22 | by ( Aman Kidwai | ) www.businessinsider.com time to read: +4 min

The bank retrained over 20,000 employees for new roles while 85% of the company worked remotely. CHRO Sheri Bronstein shared her approach during this time and what she learned from the experience. "2020 led to more discussions and immediate actions among myself and fellow C-suite executives than ever before," Bronstein told Insider. Bronstein was named one of Insider's 2021 HR Innovators for how her 2,600-person team supported workers over the past year. Its $6 million relief fund provided grants to those with emergency financial hardships and regular coronavirus PCR tests were offered to employees working in offices or retail branch locations.

☆ Request for Proposals ATIC Strategic Plan Development
▼ + stars: | 2021-01-19 | by ( Alte Articole | ) www.civic.md time to read: +51 min

ATIC will actively promote the interests of the members, by helping delivering the benefits of the ICT sector, while meeting the legitimate concerns of the members. ATIC reserves the right to make revisions to the content, order, and numbering of the provisions in the actual subcontract document prior to execution by ATIC and the selected awardee. ATIC will assess the best operations models to reach the above stated results for the sector and for its members. Development of implementation recommendations This stage includes the development of recommendations regarding the implementation phase of the plan. Meeting topics will align with information and data collected and may include:Organizational Overview ‐ Assessment of the strengths, weaknesses, and competencies of the organization.

Persons: Marina Bzovii, ATIC, Tekwill, Offerors, deliverables, ATIC —, —, activitiy Organizations: National Association of ICT, National Association of ICT Companies, OF, Organization, Umbrella Organization, ICT, Moldovan ICT, Association, THE ASSOCIATION Moldovan Association of ICT Companies, Vocational ICT, Austrian Development Cooperation, Moldova ICT Summit, USAID, Robotics, Smart, United States Agency for International Development, Government, International Development Agency, Moldova ICT, ATIC, Technical University of Moldova, Center, Moldovan, Women, Tech, UN, Microsoft, Office National Association of ICT Companies, Bank, Swift, United, United States Government, Intellectual, “, Consultancy, Ministry, Economy, Infrastructure, Ministry of ICT, Moldova ICT Industry Competitiveness, Moldova IT Industry Competitiveness, Innovation, IT Industry, “ National Association of ICT Companies, Eg . Telecom, Software, Business Networking Development, Human Capital, ‐, Telecom, Services Locations: MOLDOVA, Moldova, Republic of Moldova, Moldovan, Sweden, Sida, Chisinau, MDL, ATIC, United States

☆ Call private sector initiative for Women Engagement
▼ + stars: | 2020-12-18 | by ( Alte Articole | ) www.civic.md time to read: +19 min

About Project “ Empowering Women in Tech”:Empowering Women in Tech is a project implemented by ATIC with UN Women and Sweden Support since 2018. 1.1 Private Initiatives for Women Economic Empowerment in TechThe overarching goal of the Call is to support women driven private initiatives to further engage women freelancers and entrepreneurs based on a public call in Partnership with “Empowering Women in Tech” Project, supported by Sweden and UN Women. Measure and make visible the impact of the new or existing initiatives, products, services and solutions, to support private sector engagement for sustainable development and attract more women in IT, support the women entrepreneurship, the women in IT sector growth, the promotion of tech jobs for women, other that may reach the provided goal. The Project plan should contain the detailed elaboration of the concept, analysis of the market, impact analysis of the action versus the objectives of the call, sustainability of the action, if any, envisaged development activities including staff engagement, necessary material means and needed advisory services and trainings. Only expenditures accrued during the project, in accordance with the Project Budget and completed by the end of the project, are eligible for financing.

Persons: ATIC, Gross Organizations: UN Women, TEKWILL, USAID, National Association of ICT Companies, TECH THE MOLDOVAN, OF ICT, Umbrella Organization, Moldovan ICT, ICT, Association, Women, Go, Tech, ATIC, Choose, Tech Women, Tekwill, Government of, Moldovan Government, IBM, Microsoft, Moldovan Association of Private ICT Companies, Ministry, Ministry of Education, Government Center, Women Economic Empowerment, “, UN, Tech Industry, Tech ” Project, Project, Independent, Assurance, an, Technology, – Bank Locations: Sweden, Republic of Moldova, Government, Government of Sweden, Moldova, Chisinau

☆ The 21 most influential cities in the world
▼ + stars: | 2019-06-14 | by ( Will Martin | Libertina Brandt | ) www.businessinsider.com time to read: +2 min

New York City and London are the top two most influential cities in the world, according to management consultancy firm A. T. Kearny's annual Global Cities Index Results. But what are the world's most influential cities? That's a question that management consultancy firm A.T. Kearney tries to answer with its annual Global Cities Report. The report looks at which global cities "are improving in their competitiveness and what factors are driving that success." Check out the world's most influential cities below.

Persons: —, Kearney Organizations: Service, New, London Locations: York City, London, New York, Europe

☆ Only 18 out of 890 major US companies are fully transparent on worker issues — and that openness is helping them grow their bottom line
▼ + stars: | 2019-04-17 | by ( Richard Feloni | ) www.businessinsider.com time to read: +6 min

Only 18 companies disclosed all nine of the practices taken into consideration, including Goldman Sachs, Nike, Nvidia, and PepsiCo. Just's team of researchers gathered all public data on nine criteria related to what it calls "human capital." The team discovered that only 18 of the companies both disclosed and tracked the progress of all the criteria. It was initially acceptable to simply state a policy, but then stakeholders demanded increasingly extensive data and signs of progress. "I don't think that you have much of a choice these days, if you're a larger company," she said.

Persons: Paul Tudor Jones, Russell, Goldman Sachs, It's, Martin Whittaker, you've, it's, Whittaker, Alison, millennials, Eli Lilly, Jones Lang LaSalle, Read, Tonie Hansen, Hansen Organizations: Nike, Nvidia, PepsiCo, Service, ROE, Data Systems, Boston Scientific, Hasbro, Intel, PayPal, Qualcomm, State, Symantec, Texas Instruments Locations: BusinessInsider.com, Wall, Silicon, America, Marriott, Wells

Search resuls for: "Human Capital"

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