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☆ The biggest career mistakes to avoid from ex-Microsoft VP of HR
▼ + stars: | 2023-10-25 | by ( Jenna Gyimesi | ) www.businessinsider.com time to read: +3 min

Williams advises against asking for a raise, staying after a PIP, and other career-jeopardizing mistakes. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Read more: What actually happens when you threaten to quit over another job offerMistake 2: Asking for a raiseIf you're asking for a raise, you're already starting from a position of weakness. The shadow of a PIP will be a weight on your success if you stay at the same company.

Persons: Chris Williams, Williams, —, he's, you've, Read, It's Organizations: Microsoft, Service

☆ The labor market is starting to show its cracks, economist says
▼ + stars: | 2023-10-24 | 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 EmailThe labor market is starting to show its cracks, economist saysChris Williamson, chief business economist at S&P Global Market Intelligence, says companies are beginning to "look ahead and think their order book situation is not sustainable for this … level of employment."

Persons: Chris Williamson Organizations: P Global Market Intelligence

In the United States, the manufacturing sector pulled out of a five-month contraction on a pickup in new orders, and services activity accelerated modestly amid signs of easing inflationary pressures. HEADACHE FOR THE ECBIn the euro zone, business activity drooped as demand fell in a broad-based downturn across the region, causing the bloc to enter the fourth quarter on the wrong foot and suggesting it may slip into recession. "The flash PMIs mark a poor start to October for the euro zone, especially after showing some early signs of recovery in September," said Rory Fennessy at Oxford Economics. Suggesting a recession is well underway in Germany, Europe's largest economy, business activity contracted there for a fourth straight month as the downturn in manufacturing was matched by a renewed decline in services, its PMI showed. In France, the euro zone's second-largest economy, business activity remained in contraction territory in October, PMI data showed, improving just slightly from September's near three-year low.

Persons: Rebecca Cook, Chris Williamson, Christine Lagarde's, Rory Fennessy, Williamson, Ajay Banga, Dan Burns, Jonathan Cable, Lindsay Dunsmuir, Andrea Ricci Organizations: Ford Rouge Electric Vehicle, REUTERS, P Global, Composite, Federal, Commerce Department, Reuters, P, P Global Market Intelligence, P Global PMI, September's, European Central Bank, Oxford Economics, PMI, European Union, Bank of, Palestinian, Hamas, Thomson Locations: Dearborn , Michigan, U.S, United States, joblessness, Germany, Europe's, France, September's, Britain, Gaza, Ukraine

☆ Fed-up employees might threaten to quit if changes aren't made to their job, but 'thruitting' often does more harm than good
▼ + stars: | 2023-10-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

siraanamwong/Getty ImagesYou're fed up with your job and are finally going to let your manager know it: "Fix this, or I'm leaving." In a bid to keep up with the never-ending stream of workplace trends, let's call this one "thruitting." AdvertisementAdvertisementFor your bookmarksFree tax filing programUS Treasury Secretary Janet Yellen has said tax filing should be simple. SAUL LOEB/AFP via Getty ImagesSee if you're eligible for the IRS' new, free tax filing pilot in 13 states. It's part of the department's attempt to make tax filing simpler and more cost-effective.

Persons: Marc Andreessen, Chris Williams, Williams, simplehappyart, Today's, Siu, It's, SCOTT MORGAN, Charlie Munger, Warren Buffett's, Everyone's, Jeffrey Gundlach, Jensen Huang, Young Liu, Chiang Ying, Marc Andreessen's, Elon Musk, Musk, Arantza Pena Popo, Dolly, Janet Yellen, SAUL LOEB, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Tech, Microsoft, Treasury, Barclays, Baron Partners Fund, Nvidia, University of Pennsylvania, America, Blackstone, Getty, IRS Locations: Israel, Cincinnati , Ohio, New York City, San Diego, London, New York

☆ What really happens when you threaten to leave your job and why it rarely ends in your favor, according to former Microsoft VP of HR
▼ + stars: | 2023-10-18 | by ( Chris Williams | ) www.businessinsider.com time to read: +8 min

AdvertisementAdvertisementIf the threat to leave comes as a surprise, it's not a reflection on the company or your manager. If you threaten to leave with another job in hand, what's a manager to do? If you're seen as already gone and are now resorting to threats, your manager will often recognize the futility of any effort to rescue you. AdvertisementAdvertisementThe threat feels like blackmailIn any of these cases, your threat to leave feels like blackmail — do this "or else." In almost every case, when you make the threat, you've already lost.

Persons: Chris Williams, Williams, —, I've, you've, it's, You've, Bill Murray, what's, they'll Organizations: Microsoft, Service

☆ Huge concern about the demand outlook for Europe’s biggest economies, economist says
▼ + stars: | 2023-09-22 | 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 EmailHuge concern about the demand outlook for Europe’s biggest economies, economist saysChris Williamson, chief business economist at S&P Global Market Intelligence, discusses the economic outlook for the euro zone and reflects on the latest data.

Persons: Chris Williamson Organizations: P Global Market Intelligence

The preliminary reading of the UK S&P Global Purchasing Managers' Index (PMI) for the services sector sank to its lowest since the pandemic lockdown of January 2021 and below all forecasts in a Reuters poll of economists. PMIs for the euro zone picked up a little but still suggested a recession was approaching. Official data showed retail sales rose in August, partially recovering from a rain-induced plunge in July, and a measure of consumer confidence climbed to its highest since January 2022. However, data company S&P Global said its survey was consistent with a drop in quarterly economic output of 0.4%. "The disappointing PMI survey results for September mean a recession is looking increasingly likely in the UK," said Chris Williamson, chief business economist at S&P Global.

Persons: Molly Darlington, BoE, Sterling, Martin Beck, Beck, Chris Williamson, Samuel Tombs, Andy Bruce, Toby Chopra Organizations: REUTERS, P, CBI, Bank of England, P Global, U.S, Confederation of British Industry, PMI, Pantheon, Thomson Locations: Altrincham, Britain

☆ Insider Today: Automating away CEOs
▼ + stars: | 2023-09-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

Today is always a difficult day, particularly here in New York, as we remember the innocent lives lost 22 years ago. But the group that seems immune to those concerns — CEOs — is primed for being usurped by robots, writes Ed Zitron. Ed's argument is straightforward: CEOs get paid a lot despite not providing much value for their companies. For all the talk of CEOs being transformational leaders full of business ingenuity, many are nothing more than figureheads. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Rick Rescorla, Morgan Stanley, Rescorla, — Dan DeFrancesco, Arantza Pena Popo, —, Ed Zitron, Ed, they're, STAN HONDA, Bill Ackman, foresees, Elon Musk's, Sam Altman, Kevin Dietsch, Ryan Petersen, Flexport's, Apple's, Microsoft's, Chris Williams, he's, Joe Biden, Damar Hamlin, Joe's, Wilson, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, TED, LinkedIn, nab, Bank, America, Wynn Resorts, Broadcom, Sun, Pentagon, & Museum, The New York Jets, Buffalo Bills, Bills, Oracle, Bovis Homes Locations: Wall, Silicon, New York, China, Alaska, Savanna, New York City, San Diego, London

☆ I'm the former VP of HR at Microsoft. I've met a few outstanding leaders in my 40-year career — and they almost all had these 4 traits.
▼ + stars: | 2023-09-08 | by ( Chris Williams | ) www.businessinsider.com time to read: +9 min

It's worth noting the difference in phrasing I'm using here: bad managers vs. great leaders. They may have the title, but all the best work gets done when everyone works together — themselves included. The best leaders make everything all about the objective — not about titles and rank, not about you or me, but about the shared goal. Great leaders work hard to make the whole greater than the sum of the parts. Here, too, great leaders recognize the power of their positions.

Persons: Chris Williams, Williams, I've, —, who's, isn't, Patience, they've, Candor, they're Organizations: Microsoft, Service, Navy, Team, asker Locations: Wall, Silicon

☆ Warren Buffett dumps stock, regulators open probes as claims of abuse and fraud mount against a top Globe Life agency
▼ + stars: | 2023-08-31 | by ( Susan Antilla | ) www.businessinsider.com time to read: +22 min

Five other current or former agents confirmed to Insider that some Arias agents wrote up policies in the names of fictional people or people who were dead. Amy Williamson, an attorney who represents dozens of current and former Arias agents in civil claims, said she received an inquiry from a US attorney's office. With regard to Insider's specific questions about Globe, AIL, and Arias, she said, "It is the Company's policy not to comment." Lusty asked questions about Russin's campaign of aggressive social-media posts since Zinsky filed suit, Williamson said, including posts about his gun purchases. Since Zinsky filed suit against him, Russin has made a string of threatening social media posts featuring firearms.

Persons: Simon Arias, Warren Buffett, Berkshire Hathaway, Arias, Trina Orlando, Michelle Billotte, Billotte, she'd, Orlando, Nancy Andrews, William McKee, McKee, Brett Hambright, Amy Williamson, AIL, Renee Zinsky, Michael Russin, Russin, Jennifer Haworth, Benjamin Webb, Chris Williams, Natalie Price, dialers, DocuSign, Scott Dehning, Steven Greer, Joel Scarborough, Dehning, Haworth, Greer, Zinsky, Abeni Mayfield, Mayfield, Columbia , Maryland Rosem Morton, Abeni Mayfield Orlando, texted, Kailey Andrasko, propositioned, Russin texted, he'd, Kailey, Williamson, Anne Hilbert, Hilbert, Debbie Gamble, Zinsky's, Webb, didn't, interrogatories, Jonathan Lusty, Lusty, I'm Organizations: Arias, . Insurance, Wexford, Berkshire, Globe, Life, American, Arias Organization, Arias Agency, Pennsylvania Department of Insurance, Department of Insurance, Department, Pennsylvania, Globe Life, Texas Rangers, Dallas Cowboys, AIL, Organization, Russin, Insider Orlando, Caesars, Employment, Commission, Caesars Palace, Russin's, Consulting, Court, Western District of Pennsylvania Locations: Wexford , Pennsylvania, Wexford, Morgantown , West Virginia, AIL, Michigan, Scarborough, Columbia , Maryland, Las Vegas, Stockholm, Orlando, Morgantown, Mayfield's, Western District, Pittsburgh

☆ I'm the former VP of HR at Microsoft. Here's the 4 traits that indicate a bad manager.
▼ + stars: | 2023-08-29 | by ( Chris Williams | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementI've seen more than a few bad managers in my over 40 years of business, leadership, and consulting — including as the Vice President of HR at Microsoft. Whether it's driven by ego or panic, bad managers are always worried about how they appear to others. Afraid of upsetting the team, the bad manager hides bad news they learn from above or around them. These teams rarely outperform, but you'd never know that from the limited available information — information hoarded jealously by their bad manager. Managers like this are famous — for the wrong reasonsWith this array of common traits, bad managers often become famous within the organization.

Persons: Chris Williams, Williams, you'd Organizations: Microsoft, Smart

☆ I'm the former VP of HR at Microsoft. I've witnessed many bad managers in my career — and they almost all had these 4 traits.
▼ + stars: | 2023-08-29 | by ( Chris Williams | ) www.businessinsider.com time to read: +8 min

AdvertisementAdvertisementI've seen more than a few bad managers in my over 40 years of business, leadership, and consulting — including as the vice president of HR at Microsoft. Self-centeredThe most common trait I've seen in bad managers is a relentless focus on themselves. Whether it's driven by ego or panic, bad managers are always worried about how they appear to others. These teams rarely outperform, but you'd never know that from the limited available information — information hoarded jealously by their bad manager. Managers like this are famous — for the wrong reasonsWith this array of common traits, bad managers often become famous within the organization.

Persons: Chris Williams, Williams, you'd Organizations: Microsoft, Smart

☆ PMIs show euro zone support from services sector has faded, economist says
▼ + stars: | 2023-08-23 | 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 EmailPMIs show euro zone support from services sector has faded, economist saysChris Williamson, chief business economist at S&P Global Market Intelligence, discusses PMI figures for the euro zone and Germany, which sharply missed expectations.

Persons: Chris Williamson Organizations: P Global Market Intelligence Locations: Germany

☆ US economy near stalling point as consumer demand weakens, survey says
▼ + stars: | 2023-08-23 | by ( Safiyah Riddle | ) www.reuters.com time to read: +2 min

REUTERS/Jeenah Moon/File Photo Acquire Licensing RightsAug 23 (Reuters) - U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for new business in the vast service sector contracted. Wednesday's data was worse than expected, with economists polled by Reuters predicting that the services index would be 52.2 and the manufacturing index would be 49.3. "A near-stalling of business activity in August raises doubts over the strength of U.S. economic growth in the third quarter. Consumer demand posed a substantial drag on revenue for firms, as new business and orders contracted for firms across all sectors. New business in the service sector declined for the first time in six months, falling to 49.2 from 51.0 the month prior.

Persons: Chris Williamson, Safiyah Riddle, Chizu Organizations: REUTERS, P Global, Service, Manufacturing, Reuters, P Global Market Intelligence, Consumer, Fed, Thomson Locations: Little Italy, Manhattan, New York City , New York, U.S

☆ Factory slump and cost-of-living squeeze puts UK economy on course to shrink
▼ + stars: | 2023-08-23 | by ( David Milliken | ) www.reuters.com time to read: +4 min

The BoE said earlier this month it only saw inflation falling below 4% from the second quarter of 2024. The PMI survey recorded the slowest growth in output prices since February 2021. Manufacturers - who make up 10% of Britain's economy - reported the biggest fall in output prices since February 2016, echoing wider weakness in the sector. "Companies are reporting reduced orders for goods and services as demand is increasingly hit by the cost-of-living crisis, higher interest rates, export losses and concerns about the economic outlook," Williamson said. Manufacturers said this fall appeared to be an attempt to reduce the need for working capital at a time of rising interest rates.

Persons: Carl Recine, BoE, Queen, Chris Williamson, Sterling, James Smith, P's Williamson, Williamson, David Milliken, William Schomberg, Hugh Lawson Organizations: REUTERS, PMI, P, P Global Market Intelligence, Bank of England, ING, Manufacturers, Thomson Locations: Altrincham, Britain

☆ As Microsoft's former VP of HR, here are 4 things I would never do as an employee
▼ + stars: | 2023-08-07 | by ( Chris Williams | ) www.businessinsider.com time to read: +5 min

He says to never expect loyalty from the company and to never offer loyalty to them, either. Williams also says don't ask for a raise: "The minute you ask, you're starting from a position of weakness." And don't expect your company to be sympathetic to your years-long tenure when the layoffs are looming. So don't expect loyalty from your company, and don't offer your own. Don't ask for it because you need it or have a family to support.

Persons: Chris Williams, Williams, I'm, you'd, you've, who's, You've Organizations: Microsoft

☆ U.S. business activity growth slows as services soften
▼ + stars: | 2023-07-24 | by ( Safiyah Riddle | ) www.reuters.com time to read: +3 min

July's reading showed the sixth straight month of growth but was restrained by softening conditions in the service sector. “The overall rate of output growth, measured across manufacturing and services, is consistent with GDP expanding at an annualized quarterly rate of approximately 1.5% at the start of the third quarter. The slowdown may be viewed positively at the Fed, which is keen to see activity cool to lower inflation. The services activity index fell to 52.4 from 54.4 in June and was weaker than the reading of 54 expected among economists in a Reuters poll. The survey's manufacturing output index, meanwhile, experienced growth for the first time in two months, rising to 50.2 from a contracting rate of 46.9 in June.

Persons: Chris Williamson, Williamson, Safiyah Riddle, Andrea Ricci Organizations: P Global, P Global Market Intelligence, headcount, Thomson Locations: U.S

☆ Microsoft's ex-VP of HR says your boss is your most important ally at work. Here's how to win them over.
▼ + stars: | 2023-07-06 | by ( Chris Williams | ) www.businessinsider.com time to read: +7 min

And the best ally to have is your boss. Which objective measures they can use to make these incredibly hard choices. Your best ally is your bossThey know you, your work, and your value. They think they need to be a sycophant, or a suck up, to win their boss as an ally. If you make your boss your ally, they will represent you well in that room where it happens.

Persons: Chris Williams, Williams, I'm, I've, aren't Organizations: Microsoft

☆ 10 Things in Tech: Shopify's midlife crisis, how to land deals with brands, and Microsoft's former human resources vice president shares advice
▼ + stars: | 2023-06-29 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Also, please let me know what you want to see in Insider Today. Startup studios like Fractal think of startup ideas, then hire founders to execute the vision. But multiple Fractal founders say their businesses are on life support. Many of them think it's because of how startup studios structure terms and conditions for investing — they take a massive chunk of ownership. Investors also prefer when startup founders create the ideas themselves.

Persons: I'm, Siu, Chelsea Jia Feng, Melia Russell, Stephanie Palazzolo, Tyler Le, Shopify's, Chris Williams, Lindsay Noah, Vermillion, Jim Vermillion, Diamond Naga Siu, Alistair Barr, Hallam Bullock Organizations: Startup, Investors, Nike, Abercrombie, Amazon, OpenAI, Syracuse Land Bank, Leasing, Galactic, Space Station, Computing, Intel, Microsoft, MIT Locations: Tech, Syracuse , New York, Syracuse, New York, San Francisco, San Diego, Silicon Valley, London

☆ Microsoft's ex-VP of HR says you should leave a company right away if you get put on a PIP: 'Surviving it is like a sign on your back'
▼ + stars: | 2023-06-28 | by ( Chris Williams | ) www.businessinsider.com time to read: +5 min

If you find yourself on a PIP, a performance improvement plan, you need to be thinking about your next steps. People are put on a Performance Improvement Plan (PIP) because of significant issues meeting the job requirements. Surviving a PIP is much like a sign on your back that warns management that you are a potential poor performer. Regardless of where you travel within the company, there will always be the specter of the PIP in your past. PIP next stepsThat is why I recommend that anyone placed on a PIP immediately begin planning their next step.

Persons: Chris Williams, Williams, you've Organizations: Microsoft, Morning

☆ Higher interest rates are taking their toll on business activity, economist says
▼ + stars: | 2023-06-23 | 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 EmailHigher interest rates are taking their toll on business activity, economist saysChris Williamson, chief business economist at S&P Global Market Intelligence, breaks down the latest PMIs figures out of the euro zone.

Persons: Chris Williamson Organizations: P Global Market Intelligence

☆ UK economy stumbles but price pressures remain high
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 23 (Reuters) - Britain's economy showed signs of a slowdown this month but inflation pressures stayed high, according to a survey published a day after the Bank of England raised interest rates sharply and said it was ready to do more to tame price growth. The preliminary or 'flash' survey showed Britain's services sector grew at its slowest pace in three months while the manufacturing sector contracted by the most in six months. The BoE is expected to continue raising borrowing costs as it tries to tackle inflation which held at 8.7% in May. The PMI survey showed services firms increased their prices sharply once again this month although a bit less steeply than in May. By contrast, manufacturers cut the prices they charged for the first time in more than seven years.

Persons: Chris Williamson, BoE, Williamson, William Schomberg, Susan Fenton Organizations: Bank of England, P Global Market Intelligence, PMI, Companies, Thomson

☆ European business activity slows in June as higher interest rates begin to bite
▼ + stars: | 2023-06-23 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

Business activity growth in Europe slowed in June, pointing to a difficult end to the second quarter, according to preliminary data Friday. Speaking to CNBC's Street Signs Europe, Chris Williamson, chief business economist at S&P Global Market Intelligence, described the numbers as "worrying." "Higher interest rates, the rise in the cost of living, all beginning to take their toll," he said. The European Central Bank has been increasing interest rates consistently for the past 12 months in an effort to bring down inflation. Higher rates can lead to higher costs for companies across the bloc, however, and so often become a drag on output.

Persons: Chris Williamson Organizations: P, P Global, P Global Market Intelligence, European Central Bank Locations: Europe

☆ US business activity growth slows in June but services keep humming along
▼ + stars: | 2023-06-23 | by ( Dan Burns | ) www.reuters.com time to read: +4 min

June 23 (Reuters) - U.S. business activity fell to a three-month low in June as services growth eased for the first time this year and the contraction in the manufacturing sector deepened, closely watched survey data out Friday showed. Nonetheless, it was the fifth straight month that the PMI remained above 50, indicating growth in the private sector. The survey's flash services sector PMI fell to 54.1 from 54.9 in May. Economists polled by Reuters had forecast the services PMI would ease to 54.0. Its flash manufacturing PMI dropped to 46.3 from 48.4 in May and was weaker than economists' median forecast of 48.5.

Persons: Chris Williamson, Williamson, Dan Burns, Chizu Organizations: P Global, PMI, P Global Market Intelligence, Commerce Department, Fed, Investors, Reuters, Thomson Locations: Atlanta

LONDON, June 14 (Reuters) - Deutsche Bank (DBKGn.DE) has added three senior dealmakers to its team of bankers advising other financial institutions, such as insurance companies and lenders, according to a memo seen by Reuters on Wednesday and confirmed by a company spokesperson. It has hired Marie-Soazic Geffroy as global co-head of its Financial Institutions Group (FIG) from Perella Weinberg Partners (PWP.O). Based in Paris, she will lead the industry group alongside Jeff Cady, who is set to join the bank in New York from Citigroup (C.N). The bank has also appointed Chris Williams as FIG chairman for Europe, the Middle East and Africa (EMEA). Citigroup's Aaron Saperstein is also set to join Deutsche Bank in New York as head of diversified financials, covering speciality finance companies and financial technology lenders.

Persons: Marie, Soazic, Perella Weinberg, Jeff Cady, Chris Williams, Citigroup's Aaron Saperstein, Pablo Mayo Cerqueiro, Stefania Spezzati, Mark Potter Organizations: Deutsche Bank, Reuters, Group, Citigroup, Credit Suisse, Deutsche, Thomson Locations: Paris, New York, Europe, East, Africa

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