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☆ Fortune 500 CEO 'always' asks her employees this question—Harvard expert says it's great leadership: 'Well done'
▼ + stars: | 2024-10-21 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

TIAA CEO Thasunda Brown Duckett has four words of advice for anyone looking to be a better boss: Talk less, listen more. Each month Duckett, 51, hosts "jam sessions" with small groups of employees so they can share their ideas, concerns and perspectives with her directly. It can be hard to encourage people to speak candidly in front of the CEO, but Duckett says she has a go-to question she "always" asks employees to get them talking. By asking that one question, you "immediately connect" with your employees, Duckett said. Making "Coffee and T" a recurring meeting on her calendar has helped Duckett create a culture where employees feel "heard without judgment," she wrote on LinkedIn.

Persons: Thasunda Brown Duckett, Duckett, it's Organizations: LinkedIn, Research, Wharton School, University of Pennsylvania Locations: TIAA

☆ Fortune 500 CEO shares the No. 1 piece of career advice that helped her get ahead—it's 'especially' important right now
▼ + stars: | 2024-09-19 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Thasunda Brown Duckett has an urgent piece of career advice for anyone who doesn't love their job: Don't run from the challenge. "Be OK with hard," Duckett, president and CEO of insurance giant TIAA, recently told LinkedIn's "This Is Working" podcast. "Make sure along your career, especially early on, you sit in hard, meaning, 'I may not have a manager that's amazing. Career coach Joyce Guan West agrees: Challenge yourself, but don't endure work environments that cause you emotional harm. If you want to get ahead in your career, West says cultivating professional relationships and skill building can help fast-track you.

Persons: Thasunda Brown Duckett, Duckett, LinkedIn's, TIAA, Joyce Guan West Organizations: CNBC

While most of TIAA’s clients are current or retired workers at nonprofit organizations, TIAA also offers individual retirement accounts to investors online. They didn’t own enough in-house TIAA products, according to the complaint and a recording of Parkin’s presentation. But in two asset classes, the tool’s recommendations are limited to TIAA products, according to the complaint and internal documents. Morningstar selects asset classes and investments for the TIAA tool from those chosen by a retirement plan fiduciary, it said. Paras Griffin / Getty Images fileThe recent push to increase client usage of TIAA’s advice tool appears to be succeeding.

Persons: Ted Fitzpatrick, Fitzpatrick, TIAA, “, ” Fitzpatrick, ’, Chris Tobe, Craig Parkin, Rajotte, ”, Yale, Craig Warga, TIAA hasn’t, Ted Siedle, “ TIAA, ” Siedle, TIAA’s Parkin, Parkin, Thasunda Brown Duckett, “ Thasunda, ” Parkin, ” TIAA, Adriana Macias, Morningstar, Duckett, Rowe Price, TIAA’s, Paras Griffin, it’s, Steers, ‘ Organizations: SEC, New, Cornell University, University of North Carolina System, TIAA, Vanguard, Fidelity, Systems, Yale, Yale University, Bloomberg, Getty, Brown University and Harvard, NBC News, NBC, Morningstar Investment Management, of, Morningstar, “ Morningstar Investment Management, Bank of New York Mellon, Equitable Holdings, Cohen, Steers, & $ Locations: Milwaukee, TIAA, New York, New Haven, Conn, Chicago, Atlanta

☆ Opinion | The Police Killing of Sonya Massey Argues for Alternatives to Reform
▼ + stars: | 2024-07-27 | by ( Tahir Duckett | ) www.nytimes.com time to read: +1 min

On July 6, Sonya Massey called 911 to report an intruder. The situation escalated after Ms. Massey went to turn off her stove. There still a lot we don’t know about the Massey situation, including if she was experiencing mental distress. But the killing of Ms. Massey is a cold reminder of how little has changed in the years since. And yet, more than 1,100 people were shot and killed by police officers last year — the highest one-year number on record.

Persons: Sonya Massey, Sean Grayson, Massey, Grayson, George Floyd, Ms Organizations: George, George Floyd Justice, Senate Locations: Sangamon County, Ill, United States

☆ Some business leaders like Jeff Bezos hate the phrase 'work-life balance.' Here's what they prefer instead.
▼ + stars: | 2023-11-26 | by ( Haley Tenore | ) www.businessinsider.com time to read: +5 min

Over the years, CEOs and business leaders have shared their thoughts on the phrase "work-life balance." AdvertisementYou wouldn't think that the phrase "work-life balance" would be a controversial one. Here are some of the hottest takes on work-life balance, given by some of the top business executives in the US. Jeff Bezos says work and life should make a circle, not a "balance"Jeff Bezos has called the phrase "work-life balance" debilitating. TIAA CEO thinks the entire concept is a "lie"TIAA's CEO says work-life balance is a "lie."

Persons: Jeff Bezos, —, Clive Mason, Axel Springer, Bezos, it's, Elon Musk, Satya Nadella, Nadella, he's, Paras Griffin, Thasunda Brown Duckett, Alan Murray, Brown Duckett, Arianna Huffington, Andrew H, Walker, Huffington, Elon Musk Elon, STEFANI REYNOLDS, Musk, Walter Isaacson's Organizations: Service, Amazon, Business, Bloomberg, Press, Australian Financial, Getty, Oxford University, Elon, Getty Images, CNBC, YMCA, Tesla

☆ Baltimore to pay $48 million after wrongful convictions, imprisonment of Alfred Chestnut, Ransom Watkins, Andrew Stewart
▼ + stars: | 2023-10-21 | by ( Jay Croft | ) edition.cnn.com time to read: +3 min

CNN —Baltimore has agreed to pay $48 million to three men who were wrongfully convicted of murder as teenagers and spent 36 years in prison. Alfred Chestnut, Ransom Watkins and Andrew Stewart were 16 when they were arrested on Thanksgiving Day 1983, according to the federal lawsuit they filed after being freed. Mary Stewart, left, walks with her son, Andrew Stewart and her daughter, Ulonda Stewart, after his release. Matt McClain/The Washington Post via Getty ImagesBut they were declared innocent decades later, after Chestnut filed a public records request. Investigators “ignored eyewitness evidence and physical evidence that contradicted their chosen narrative, including evidence pointing to a different suspect.

Persons: Justin Conroy, Alfred Chestnut, Ransom Watkins, Andrew Stewart, DeWitt Duckett, Mary Stewart, Ulonda Stewart, Matt McClain, Chestnut, John Doe ”, DeWitt, “, Marilyn Mosby, ”, Baltimore Mayor Brandon Scott, ” Scott, Nick Mosby Organizations: CNN, Baltimore, ” Baltimore Police Department, city’s, Washington, State of, Baltimore City, Baltimore Mayor, Baltimore Police Department, City Locations: State of Maryland

☆ This CEO says 'work-life balance is a lie.' Instead, she lives her life 'like a diversified portfolio.'
▼ + stars: | 2023-10-20 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The CEO of Fortune 500 company TIAA explained why she gave up on work-life balance. She once felt like she was "failing as a mother" because she couldn't always be there for her children, Duckett said in a July interview with Essence Magazine. AdvertisementAdvertisementBut, instead of trying to give her all to everyone, Duckett told Murray that she now lives her life "like a diversified portfolio." The Amazon founder said workers should focus on work-life harmony instead of balance if they hope to fulfilled at the office and at home. Instead of carving out time for the important things in life, they've opted for a more chilled approach to working.

Persons: TIAA, Thasunda Brown Duckett, Duckett, —, she's, Alan Murray, couldn't, Murray, I'm, Jeff Bezos, Bezos, they've, She's Organizations: Fortune, Service, Essence, TIAA

☆ Target CEO to meet with Biden as the company — and White House — try to figure out U.S. consumers
▼ + stars: | 2023-10-12 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Target CEO Brian Cornell will meet with President Joe Biden on Thursday afternoon as the retailer — and the White House — try to figure out U.S. consumers. Cornell is one of about a half dozen business leaders across industries who will offer up their point of view on the economy and the labor market at the White House. Through a spokesperson, Target confirmed Cornell's attendance at the meeting, but deferred to the White House for more details about the content of the meeting. Biden's meeting with the business leaders comes as the White House gears up for the next presidential election — a time when his track record on the economy and inflation will be under the microscope. Cornell has met with the White House before.

Persons: Brian Cornell, Joe Biden, Biden, Brendan Bechtel, Calvin Butler, Kenneth Chenault, Thasunda Brown Duckett, Arvind Krishna, Judy Marks, —, Cornell, Doug McMillon, Donald Trump Organizations: White, Cornell, Bechtel Group, Catalyst, IBM, Otis Worldwide, Target, White House, New, Pride Locations: New York City, San Francisco

☆ Rain washes out third England v Ireland one-dayer
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

A no result at the Gloucestershire Cricket Stadium means the three-match series was won 1-0 by England, after the first ODI was abandoned without a ball being bowled due to rain before Rehan Ahmed inspired England to a 48-run victory in the second. Ireland won the toss on Tuesday and elected to bowl, with England's openers Phil Salt and Will Jacks getting them off to a strong start as they combined for 87 runs. This series was part of England's preparations as they look ahead to their title defence at next month's 50-over World Cup in India. England face New Zealand in the opening match of the World Cup on Oct. 5. Reporting by Aadi Nair in Bengaluru, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Matthew Childs, Ben Duckett, Rehan Ahmed, Phil Salt, Will Jacks, Craig Young, Duckett, Zak Crawley, Crawley, Young, Sam Hain, England's Jacks, Aadi Nair, Pritha Sarkar Organizations: Cricket, England, Ireland, Gloucestershire Cricket, New Zealand, Thomson Locations: Bristol, Britain, England, Irish, India, New, Bengaluru

☆ Fired-up Stokes gives England hope of unlikely victory
▼ + stars: | 2023-07-02 | by ( Ed Osmond | ) www.reuters.com time to read: +2 min

Bairstow and Stokes looked bemused but Australia refused to withdraw the appeal and the right-hander trudged off to loud boos around the ground. Stokes, clearly fired up to play another match-winning innings as he did in the 2019 Ashes, went on the attack. Duckett and Stokes had batted cautiously after England resumed on 121-4, milking singles from the predominantly short-pitched bowling they faced. Stokes, on 39, was given out lbw to Mitchell Starc but the batsman reviewed immediately and replays showed the ball had hit the bat before striking his pad. Reporting by Ed Osmond; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Ben Stokes, Australia's Cameron, Peter Cziborra LONDON, Jonny Bairstow, Stokes, Bairstow, Alex Carey, Cameron Green, Ben Duckett, Pat Cummins, Green, Duckett, Mitchell Starc, Nathan Lyon, Cummins, Josh Hazlewood, Carey, Stuart Broad, Ed Osmond, Hugh Lawson Organizations: England, Australia, Green, Headingley, Thomson Locations: Australia, London, Britain, England, Lord's

☆ TIAA CEO on building a strong economic future
▼ + stars: | 2023-04-05 | by ( Sharon Epperson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTIAA CEO on building a strong economic futureCNBC's Sharon Epperson joins CEO and President of TIAA Thasunda Brown Duckett at the Equity & Opportunity Forum to discuss retirement statistics and key steps to building a strong economic future.

☆ Closing the Racial Retirement Gap
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClosing the Racial Retirement GapThere is a huge disparity in retirement savings in America. According to recent studies, on average, white Americans have seven times the retirement savings of Black Americans, and five times the savings of Latino retirees. TIAA CEO Thasunda Duckett has made finding ways to close these gaps and secure the retirement futures for all TIAA's customers a critical part of her company's mission. 17:52 an hour ago

☆ 14 influential essays from Black writers on America's problems with race
▼ + stars: | 2023-01-13 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +1 min

Business leaders are calling for people to reflect on civil rights this Martin Luther King Jr. Day. Black literary experts shared their top nonfiction essay and article picks on race. It's also an important time for people who support racial justice to educate themselves on the experiences of Black people in America. Insider asked Black literary and historical experts to share their favorite works of journalism on race by Black authors. Here are the top pieces they recommended everyone read to better understand the quest for Black liberation in America:This article was originally published in February 2021.

☆ Retirement savings changes may soon take effect. Here's what it would mean for you
▼ + stars: | 2022-12-20 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

The retirement savings provisions – known as Secure 2.0 – were drawn from a House-passed bill and bills that were passed by two Senate committees. Require auto enrollment in 401(k) plansMost employers starting new workplace retirement savings plans could be required to automatically enroll employees in the plan. Secure 2.0 would let employers make a matching contribution to an employee’s retirement plan based on their qualified student loan payments. That way, it would ensure that the employee is building retirement savings no matter what. Under the Secure 2.0 package, it would move up to 73 starting in 2023 and then to 75 a decade later.

☆ England scent victory after bold declaration
▼ + stars: | 2022-12-04 | by ( ) www.reuters.com time to read: +3 min

Having taken a 78-run lead in the runfest, England declared their second innings on 264-7 to set Pakistan an improbable victory target of 343 with four sessions to go. Opener Imam-ul-Haq (43) and debutant Saud Shakeel (24) were resisting England's victory march when bad light stopped play. Agha Salman's breezy 53 frustrated England who had to toil for about 75 minutes to claim the last three Pakistan wickets. England were rattled early in their second innings with Naseem Shah in the thick of things. Naseem dismissed Ben Duckett, one of four century-makers in England's first innings, for a first-ball duck with the second delivery of the innings.

☆ Justice Ketanji Brown Jackson's potential impact on corporate America "cannot be overstated"
▼ + stars: | 2022-10-12 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +7 min

Ketanji Brown Jackson was sworn into the Supreme Court in June and is now hearing cases. But political and social tides could be changing: Ketanji Brown Jackson was sworn in as the first Black female Supreme Court justice in June, following Justice Stephen Breyer's retirement. While Biden makes moves in the political sphere, corporate America, too, is trudging forward. Jackson's work in the Supreme Court could inspire leaders in different sectors to further advance diversity, equity, and inclusion, sources said. Tina Opie, a Fortune 500 strategist and an associate professor of management at Babson College, is hopeful about the future of corporate America.

☆ Millennials and Gen Z counting on a 401(k) to get them through retirement are in for a rude awakening, TIAA head says
▼ + stars: | 2022-10-11 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +5 min

Half of millennials and Gen Z expect employer-based savings plans to be enough for retirement, a TIAA study shows. Millennials and Gen Z could be in for a dire future unless they save differently. Duckett said that she wanted policymakers and employers to increase access to retirement savings plans, as well as educating workers about income options such as annuities. She also encouraged Gen Z and millennials to seek out savings vehicles like IRAs, which aren't dependent on an employer. It's a testament to how much employers have sapped their retirement packages over the past few decades that Gen Z and millennials could be in trouble.

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