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China IPOs are uncoupling from Wall Street too
  + stars: | 2023-06-12 | by ( ) www.reuters.com   time to read: +2 min
Increasingly it is detaching from Wall Street too. Nonetheless, the Shanghai Stock Exchange will hold a hearing for the deal on Friday, per Refinitiv’s IFR. Syngenta is a pillar in Beijing’s strategy to shore up food security and will use the deal to pay down debt. The landmark IPO coincides with signs that Wall Street’s small position in the market is shrinking further. Syngenta’s blockbuster IPO will be an awkward new milestone for Wall Street already facing life in China’s second tier.
Persons: Beijing’s, It’s, Dealogic, Xavier Niel, Pete Sweeney, Thomas Shum Organizations: Reuters, Agricultural Bank of, Shanghai Stock Exchange, HK, BOC, Citic Securities, Twitter, Brookfield, Thomson Locations: MUMBAI, Agricultural Bank of China’s, Hong Kong, China’s, Una
Elon Musk told Tesla staff in an email that he wants to personally sign off on all new hires. Here's a closer look at Musk's unconventional style of management and leadership at Twitter, Tesla, and SpaceX. Musk told Tesla staff in the memo that he wants to personally approve all new hires. But in 2018, current and former Tesla employees told CNBC that Musk's micromanagement cost the company time and money. The same year, Tesla employees told Insider that Musk could be demanding and unpredictable.
Interviews with a U.S. senator, congressional staffers, AI companies and interest groups show there are a number of options under discussion. Some proposals focus on AI that may put people's lives or livelihoods at risk, like in medicine and finance. Other possibilities include rules to ensure AI isn't used to discriminate or violate someone's civil rights. Another debate is whether to regulate the developer of AI or the company that uses it to interact with consumers. GOVERNMENT MICROMANAGEMENTThe risk-based approach means AI used to diagnose cancer, for example, would be scrutinized by the Food and Drug Administration, while AI for entertainment would not be regulated.
Benioff vs. Benioff
  + stars: | 2023-04-28 | by ( Ashley Stewart | Ellen Thomas | ) www.businessinsider.com   time to read: +29 min
Within Salesforce, Benioff riffs are at times met with backlash from an angry workforce. "You're not going to fire your family during times of need," a former Salesforce executive told Insider. "I don't think they understand Ohana," Benioff told Insider. "Look, we have to be the example of stakeholder capitalism," Benioff told Insider. A 'New Day' at Salesforce"I use the Japanese principle of shoshin, beginner's mind," Benioff told Insider in a phone interview in March.
The insidious creep of job burnout was inescapable when I spoke with more than a dozen ambitious midcareer women for an article last winter. While work friendships can stifle loneliness, the centrality of a job in American social life does not bode particularly well for Americans' work-life balance. For those who've put all their eggs in the proverbial basket of their job, Koretz said, these times of transition can trigger a kind of identity crisis. The idea is that you just work and work and work and work and work. Workers can also take small steps toward improving their work-life balance by setting aside time each day and each week for nonwork priorities.
She quit her job at a bank to work as a domestic cleaner before training in the specialty. So in March 2019 I left my job, and in April I started working as a domestic cleaner, cleaning an office. When the pandemic hit, I also started working alongside the council doing COVID cleans. When the council offered me a cleaning job involving needles, I was terrified and turned it downI was always scared of injections. If a job is small and urgent, like cleaning a house after someone's been stabbed, I work on it alone.
Workplace passive aggression can appear as sarcasm, the silent treatment, or spreading gossip. However, the sudden shift from in-person interactions to online communication has led to numerous issues, including an increase in passive aggression. "Quiet Quitting" has been gaining popularity and can be linked to the rise of passive aggression in the workplace. Identify the causeWorkplace passive aggression can manifest itself through a number of different behaviors, such as sarcasm, giving someone the silent treatment, or spreading gossip. Educating your workplace on how to improve their communication, time management, and problem-solving skills is the key to preventing passive-aggressive behaviors before they happen.
"Their calendar looked like a massive game of Tetris, where they didn't have breathing space," Rogerson, now the company's global head of people, recalls. Sixty-seven percent of workers say excessive meetings prevent them from doing their best work, a 2019 survey from consulting firm Korn Ferry reported. "If you've been in back-to-back meetings, even having an hour break is just bliss," Rogerson says. But making these no-meeting days work is a bit more complex than simply banning meetings from your Wednesday calendars, Rogerson says. You might not end up with fewer meetings on your weekly calendar, either — and, turns out, that's perfectly fine.
Musk is currently the CEO of three different companies: SpaceX, Tesla, and, of course, Twitter. But like many CEOs, he's accumulated a huge fortune by juggling several companies and directorships at once. While Musk may be an extreme case, he's also the perfect example of the modern CEO: a chaotic blend of unproductive micromanagement and highly-paid absenteeism. In the extreme, some CEOs like Musk have taken on the management of multiple large companies. And Musk isn't the only executive who would be better served focusing on one task.
It's time for Mark Zuckerberg to step down
  + stars: | 2022-10-13 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +8 min
Mark Zuckerberg should quit. He should step down from his position as CEO of Meta and let someone else manage Facebook, WhatsApp, and Instagram. Zuckerberg was so excited about legs that he jumped for joy as he talked about them. Zuckerberg already has two very profitable platforms — Facebook and Instagram — but their popularity is declining. Internally, employees told the Times, Meta workers refer to metaverse projects as MMH, or "Make Mark Happy,'' projects.
Three entrepreneurs identified steps for finding and building a sustainable team as a solopreneur. This article is part of Talent Insider, a series containing expert advice to help small business owners tackle a range of hiring challenges. Mirho, Pendyala, and David Finkel, an author and entrepreneur, shared three key steps to finding, building, and managing a sustainable team as a solopreneur. "Control doesn't mean of the company — it can mean control of a process, an area of the business," Finkel said. Finkel and Pendyala argued that until a founder starts trusting others, they will be limited in their ability to grow and evolve.
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.
Twitter has accepted Elon Musk's $44 billion offer to buy the company, it announced on Monday. The takeover will spell big changes for Twitter users, but also for employees of the company. What can Twitter employees expect to see when Musk takes charge? But in 2018, current and former Tesla employees told CNBC that Musk's micromanagement cost the company time and money. The same year, Tesla employees told Insider that Musk could be demanding and unpredictable.
On July 5, Andy Jassy officially became Amazon CEO, succeeding Jeff Bezos, who steps into the position of executive chairman. When Amazon Web Services CEO Andy Jassy has a big decision to make, it usually comes at the Chop. "If you go to a Chop meeting with Andy, you better be ready," one former senior-level employee told Insider. Though he's one of the longest-serving executives at Amazon and a close confidant of CEO Jeff Bezos, Jassy still remains relatively little-known outside tech circles. Early on in the pandemic, Jassy told AWS employees that "the world is relying on Amazon," according to an email seen by Insider.
Persons: Andy Jassy, Jeff Bezos, Jassy, Andy, , Dan Ives, Bezos, It's, Jassy's, Steve Ballmer, Satya Nadella, Travis Kalanick, he's, Dave Matthews, Rothschild, Scott Chancellor, who's, let's, Jeff, Taimur Rashid, AWS's, Rashid, it's, Tim Bray, Bray, Marc Benioff, Salesforce, Chancellor, MARK RALSTON, He's, Trump, Donald Trump's, Jeff Wilke, it'll, didn't, Ashley Stewart, Eugene Kim Organizations: Amazon, Amazon Web, Seattle, Charterhouse, Wedbush Securities, Services, AWS, they're, Harvard, New York Times, Redis Labs, Amazon ., Getty, Lawmakers, Defense Department, Microsoft, Black, Google, Netflix, Black Employee Network, African, Lambda, Web Services Locations: Parma, Jassy, manila, Bezos, AFP, DynamoDB
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