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☆ Corporate leaders should be more honest with workers when job cuts are about performance, rather than the economy, a Harvard professor says
▼ + stars: | 2023-03-23 | by ( Josée Rose | Tim Paradis | ) www.businessinsider.com time to read: +5 min

Layoffs shouldn't be used as a way to cut low-performing workers, Harvard's Sandra Sucher said. That's because layoffs are often the result of a slumping economy or missteps by management. But sometimes, leaders who are eager to sweep away lackluster workers can be tempted to clean house under the guise of layoffs. That's a bad idea, according to Sandra Sucher, a professor of management practice at Harvard Business School who's studied layoffs. Even broad job cuts that purport to target only the lowest-ranked workers can harm a company, Sucher said.

☆ Mark Zuckerberg is leaning into Meta's 'year of efficiency' the wrong way, and multiple rounds of layoffs will be damaging
▼ + stars: | 2023-03-19 | by ( Rebecca Knight | Tim Paradis | ) www.businessinsider.com time to read: +5 min

Meta CEO Mark Zuckerberg last week unveiled another round of layoffs hitting 10,000 staffers. The dismissals are part of an efficiency plan boost productivity and turn Meta into a talent magnet. But the job cuts are likely to have the opposite effect, two management experts told Insider. Rather than resorting to layoffs, Sucher said companies should look at other ways to lower headcount, including natural attrition, buyouts, and hiring freezes. "You have to plan for it in order to not have it kill your company," Sucher said.

☆ Florida's climate exodus
▼ + stars: | 2023-02-26 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: Economy reporter Madison Hoff explains why "quiet" is the workplace word for 2023. This week's dispatchWhisper it, but "quiet" might just be the workplace word for this year, Insider's Madison Hoff writes. And although it doesn't use the word "quiet," there are related workplace terms floating around like "Bare Minimum Monday" and "Try Less Tuesday." But Arias Agencies is now at the center of an explosive lawsuit that alleges a pattern of unchecked sexual assault and harassment. What to know about Florida's climate exodus.

☆ 'Quiet' is the workplace word of 2023
▼ + stars: | 2023-02-25 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

Bare Minimum Monday, another workplace buzzword of 2023, also relates to quiet quitting. Experts think those "quiet" trends and more are set to continue throughout 2023 and beyond. "Quiet hiring" is one of the "biggest workplace buzzwords" of 2023 per Insider's reporting. Emily Rose McRae of Gartner's HR Practice said per reporting from GMA that quiet hiring is a workplace trend in 2023 in part because of a shortage in talent. Other buzzwords of the year from Insider's reporting relate to quiet quitting even if they don't use the word quiet.

☆ Ukraine's top climate scientist put solar panels on her apartment roof so she could keep the lights on for her son with autism
▼ + stars: | 2023-02-23 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

In December, Svitlana Krakovska, Ukraine's top climate scientist, managed to place a solar array on the roof of her Kyiv apartment building to provide electricity for her family when the power goes out. "He was really afraid," Krakovska told Insider by phone from her office in Kyiv. The resiliency the solar panels deliver is part of what Krakovska hopes will come out of the brutal war with Russia, now one year on. She noted there are large solar installations in Ukraine where a missile might destroy some panels but the remaining ones will still work. Zasiadko pointed to a project in a village near Kyiv in which a small clinic that had been damaged by shelling was outfitted with solar panels and a groundwater heat pump.

☆ 'Bare Minimum Monday' is nice, but it's got nothing on 'Try-Less Tuesday'
▼ + stars: | 2023-02-20 | by ( Rebecca Knight | Tim Paradis | ) www.businessinsider.com time to read: +4 min

"Bare Minimum Monday" is the latest workplace trend taking over TikTok. First, a bit about Bare Minimum Monday: "It's a practice where employees show up to work to only do the bare minimum on a Monday, often starting the day late after a productive morning of self-care rituals," Fortune wrote. Marisa Jo, a TikToker credited with gifting Bare Minimum Monday to the masses, describes it as a way to both eliminate the "Sunday scaries" and remove the "unnecessary pressure" she was putting on herself to be productive. Bare Minimum Monday is, of course, the TikTokian progeny of "quiet quitting," which itself sprang from a dark time when there were few name-your-pain labels for us plebeians. Work not from a café, work not from thy kitchen table, and, above all, work not from thine office.

☆ PwC isn't panicked about this 'economic pessimism' — in fact, one exec thinks it's an opportunity
▼ + stars: | 2023-02-12 | by ( Tim Paradis | Josée Rose | ) www.businessinsider.com time to read: +5 min

"No management team gets paid to languish," Bricker told Insider. For some top execs, the need to look further ahead is an existential one: Nearly 40% of surveyed CEOs told PwC that they didn't think their organization would be economically viable in a decade without transforming. That's because efforts around diversity could help a company's workforce perform better, and sustainability investments can help companies boost revenue and shave costs. "The strategies that I see business leaders really starting to focus on is not viewing sustainability as a luxury good, but as an essential element of business," Bricker said. The idea of sparing workers where possible aligns with what CEOs told PwC in the survey, which gathered responses from some 4,440 business heads in October and November.

☆ Insider's One Planet destination zeroes in on the innovations and actions taking on the climate crisis
▼ + stars: | 2023-01-18 | by ( ) www.businessinsider.com time to read: +4 min

The section will focus on how people can take action to address the climate crisis in their homes, businesses, and communities. Today, Insider is launching a new destination — One Planet — that draws inspiration from the messages of Climate Action 30. The project will also convene in-person and virtual events adjacent to the world's biggest global climate activations, such as COP28 and Climate Week NYC. Underpinning One Planet will be the spirit of entrepreneurship and the innovations and technologies that will unlock climate progress. Journalists from across Insider's global newsroom will contribute to One PlanetOne Planet will be led by editor Lily Katzman, who also edited the Climate Action 30 project.

☆ Leading through change is one of the hardest challenges for CEOs — and one they must get right, PwC US Chair Tim Ryan says
▼ + stars: | 2022-12-12 | by ( Josée Rose | Tim Paradis | ) www.businessinsider.com time to read: +4 min

PwC's US chair, Tim Ryan, said leading through change was the toughest challenge for CEOs. Ryan said the "war for talent isn't going away" and urged leaders to focus on the future. "What every company is trying to do is to get their people to do things differently," Ryan told Insider. Did all the things work the way they're supposed to?" Several companies have brought back CEOs to lead through turmoil because there's a "desperate need to reframe management," Ryan said.

☆ WATCH NOW: COP27 Reporter's Notebook
▼ + stars: | 2022-11-21 | by ( ) www.businessinsider.com time to read: +1 min

Watch below starting at 2PM ET on Monday, November 21. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Loading Something is loading. Hear observations and breaking news from the United Nations Framework Convention on Climate Change (COP27). Speakers includeTim ParadisFuture of Business Editor, InsiderFuture of Business Editor, Insider Catherine BoudreauSenior Sustainability Reporter, InsiderRead more here

☆ Results: California Proposition 27: Voters say no to legalizing sports gambling with revenue going toward social causes
▼ + stars: | 2022-11-17 | by ( Taiyler Simone Mitchell | Tim Paradis | ) www.businessinsider.com time to read: +3 min

California Proposition 27 would have legalized sports betting and given proceeds to social causes. Proposition 27's revenue would have been allocated to provide resources to address homelessness, mental health issues, and addiction. It was different from Proposition 26, another gambling proposition on the ballot that also failed. Support and oppositionCalifornians for Solutions to Homelessness and Mental Health Support led the campaign in support of Proposition 27. It would provide an ongoing funding source of hundreds of millions of dollars each year to fight homelessness and provide mental health services to those most in need.

Voters in South Dakota rejected Initiated Measure 27, which would have legalized marijuana use for adults over the age of 21. South Dakota rejected the use of recreational marijuana for adults aged 21 and older. Over half of voters said "no" on Initiated Measure 27, which, if passed, would have legalized marijuana use and possession. 2022 General EmbedsBallot measure detailsKnown as the Marijuana Legalization Initiative, Measure 27 would have legalized marijuana use and possession for adults 21 years old and older. What experts are sayingIn 2020, South Dakota voters passed Amendment A, a measure that aimed to legalize marijuana for adults over 21, but a lawsuit filed by Gov.

☆ Register here: COP27 reporter's notebook, an Insider spotlight event
▼ + stars: | 2022-11-11 | by ( ) www.businessinsider.com time to read: +2 min

Insider's senior sustainability reporter, Catherine Boudreau, is at the UN climate summit in Egypt. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Catherine Boudreau, senior sustainability reporter at Insider, is covering the United Nations' COP27 climate conference. She will give an on-the-ground perspective of her experience at this year's global meeting during Insider's "COP27 Reporter's Notebook" editorial spotlight. This 30-minute live conversation is part of Insider's climate and sustainability coverage.

Democrat Craig Greenberg is running against Republican Bill Dieruf in Louisville, Kentucky's mayoral race. On abortion, Greenberg — who clinched Planned Parenthood's endorsement — has said he wouldn't use the Louisville police "to be the enforcement arm of Kentucky's extreme abortion ban." Dieruf, who defeated three opponents in the Republican primary with 78% of the vote, is currently serving as Jeffersontown mayor. If elected, he would be the first Republican mayor Louisville has elected in nearly six decades. On the campaign finance front, Greenberg and Dieruf combined spent nearly $550,000 from mid-September to mid-October, according to the Kentucky Registry of Finance.

☆ Conservationists are using artificial intelligence to map out the best ways for saving threatened wildlife and resources
▼ + stars: | 2022-10-21 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

AI tools can help with efforts like identifying tracks to better understand animal populations. Using AI can help conservationists more wisely deploy scarce resources. So Jewell, a cofounder of the US nonprofit WildTrack, turned to artificial intelligence to help identify animal tracks using photos. Yet the AI system Jewell and her collaborators developed can so far identify dozens of animal species with more than 90% accuracy. "The things that limit AI can be augmented with that human input," Jewell said, "the AI can definitely learn from the skills of the trackers."

☆ Open-source data is the future of the climate movement, this nonprofit leader says: 'We need to have the numbers'
▼ + stars: | 2022-09-28 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +3 min

Tim Paradis, senior editor at Insider, spoke with Amali de Alwis of Subak about the climate crisis. Subak is a tech accelerator for climate not-for-profits and a hub for open-source science data. The event was part of Insider's series Climate Heroes 2022: Working Toward Solutions. The event was part of Insider's series Climate Heroes 2022: Working Toward Solutions. The goal is to encourage businesses, governments, and even entrepreneurs to come up with climate solutions using this information.

☆ How companies can advance global action against the climate crisis
▼ + stars: | 2022-09-28 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +4 min

In a live Insider event, a BASF exec said the company evaluates products' sustainability profiles. Get the latest on the culture & business of sustainability — delivered weekly to your inbox. And in the last few years, major companies like IBM and Citi have started focusing on developing sustainable business practices. The event was part of Insider's series Climate Heroes 2022: Working Toward Solutions, presented by BASF, which featured interviews with leaders across industries who are pioneering innovative climate solutions. Measuring and tracking progress toward sustainability goals is keyTracking progress toward sustainability goals is critical, Sukhdev said.

☆ PwC believes hybrid work is doable: 'One size doesn't fit all'
▼ + stars: | 2022-08-17 | by ( Josée Rose | Tim Paradis | ) www.businessinsider.com time to read: +3 min

Accounting and consulting firm PwC supports employees who request a hybrid-work model. Bricker said "one size doesn't fit all," and PwC is big enough to think differently. "It doesn't work for an apprenticeship program. It doesn't work for spontaneous stuff." AdvertisementAdvertisement"One size doesn't fit all, one size probably doesn't even fit many," he said, and while the company would prefer that staff goes to the office two or three days a week, "that doesn't work for everyone."

Persons: Wes Bricker, Bricker, Jamie Dimon, Dimon, Malcolm Gladwell, Gladwell Organizations: Service, PricewaterhouseCoopers, Yahoo Finance, JPMorgan Locations: Wall, Silicon, Canadian

☆ Execs at Bank of America, Deloitte, and Pfizer say good governance makes meeting environmental and social goals possible
▼ + stars: | 2022-06-16 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

Companies that want to meet their environmental and social goals need strong governance to do it. Good governance can help companies narrow the gap between their ESG goals and their performance. Improving governance measures can help companies close the gaps between their stated goals around environmental, social, and governance performance and what they're accomplishing, said Jennifer Steinmann, global sustainability and climate practice leader at Deloitte. Caroline Roan, chief sustainability officer at Pfizer, said good governance does more than show whether a company is abiding by its commitments. "That would really help organizations."

☆ Execs at Bank of America, Dow, and JUST Capital say being prosperous isn't just about having enough money
▼ + stars: | 2022-05-11 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

The event, in partnership with Bank of America, took place Tuesday, May 10. Martin Whittaker, chief executive officer of the nonprofit JUST Capital, said there is now a greater focus on worker well-being than ever. For Karen Fang, the managing director and global head of sustainable finance at Bank of America, prosperity includes access to basics like financial services and digital inclusion. "The definition of prosperity has gone from economic prosperity to social prosperity," Fang said. She said the bank has hired 10,000 workers from these areas, a goal it achieved two years early.

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