What does Gen Z really want from hybrid work? This brief video shares advice for leaders on how to turn Gen Z’s preferences into overall culture improvements. MIT Sloan Management Review August 06, 2024 Reading Time: 1 min subscribe-icon Subscribe Share [embedded content] Many stereotypes and anecdotes surround Generation Z’s…
This year’s Olympic Games have already been packed with compelling storylines. These storylines include the somewhat controversial opening ceremony to Yusuf “hold my beer” Dikec winning hearts and the silver medal in pistol shooting, and Simone Biles clinching her tenth gold medal (with more possibly on the way). Adding to…
The first article in this series provided a general overview of the OSH Act and OSHA; the second article examined OSHA’s rulemaking process; the third article reviewed an employer’s duty to comply with standards; the fourth article discussed the general duty clause; the fifth article addressed OSHA’s recordkeeping requirements; the…
Brian Kenny Since ChatGPT appeared on the scene back in the fall of 2022, newsfeeds have been flooded with claims that generative AI is going to change the world, so if you're suffering from a bit of GenAI fatigue, I get it, but even if it's not readily apparent to…
These measures come on top of a long list of tariff and non-tariff barriers imposed since the trade war broke out between the two countries in 2018. The Peterson Institute for International Economics, a research organisation, estimates that 66% of Chinese exports to the US were already subject to customs…
Employee recognition programs have long been touted as a key driver of engagement and retention. However, as organizations strive to create cultures of appreciation, it's crucial to understand that not all recognition efforts yield positive results. In fact, some well-intentioned programs can backfire, leading to unintended consequences that may harm…
Writing in Alzheimer's & Dementia: The Journal of the Alzheimer's Association, the team from Cambridge Public Health argue that substantial challenges including the risk-benefit ratio, limited eligibility and high cost of roll-out will limit any benefits of these treatments.Alzheimer’s disease is often quoted as causing 70% of the 55 million…
Topics Frontiers An MIT SMR initiative exploring how technology is reshaping the practice of management. More in this series Andrew Baker/Ikon Images When I was managing director of the German subsidiary of U.S.-headquartered SC Johnson, I witnessed “not invented here” (NIH) syndrome in action. The larger company paid scant attention…
A group of conservationists from Bolivia, Brazil, Peru, Ecuador, the US and the UK say that current conservation and development efforts will never sustain or scale without systemic changes in how economies are designed.Despite extensive destruction of the Amazon in the name of economic development, Amazonian communities have seen little…
As the travel industry began to recover in 2021, we expressed our view that the enduring allure of New York would continue to draw visitors back to the city. That projection is well on track, as more than 62 million people visited New York City in 2023, representing 93 percent of…
There are even two new BRICS members in this situation: Ethiopia and Egypt, the latter of which, as well as being a BRICS member, is also a member of the NDB, which has another member, Bangladesh, in the same situation. Ethiopia declared a default on its debt services in December…
Once generative AI (gen AI) hit the mainstream, in late 2022, it took little time for retail executives to realize the potential in front of them. Mentions of artificial intelligence (AI) in retailers’ earnings calls soared last year—which was no surprise, given that gen AI is poised to unlock between…
What really fuels a boom-and-bust cycle in the modern global economy? It’s not always household debt, says a new paper that parses in-depth data across 115 countries. Instead, rising corporate debt may flash the clearest warning that a fiscal crisis is on the horizon. In recent years, experts focused on…
By Tahir Mahmood and Marco Malagoni | 05 Aug, 2024 The next budget will be held on 30 October 2024 and we are now preparing for anticipated changes. Today, Tahir Mahmood and Marco Malagoni discuss the potential tax changes. Labour has proposed a comprehensive overhaul of the tax system, with…
Electric vehicles (EVs) are no longer a niche business. They now account for 16 percent of new-car sales in Europe, up from under 1 percent in 2019. Despite the removal of purchase subsidies in certain markets, such as Germany at the end of 2023, sales have remained stable. Since the…
The discovery suggests that the intense UV radiation from these flares could significantly impact whether planets around red dwarf stars can be habitable.“Few stars have been thought to generate enough UV radiation through flares to impact planet habitability. Our findings show that many more stars may have this capability,” said…
Politicians in American partner countries are obviously concerned that a new wave of crisis of investor confidence, provoked by the United States, will spread to their jurisdictions. Former British prime minister Rishi Sunak has repeatedly called for countries “to be bolder” in the confiscation of Russian assets; however, the confiscation…
Quick Hits The 2024 VETS-4212 reporting platform will open on August 1, 2024. All 2024 VETS-4212 filings are due by September 30, 2024. Federal contractors and subcontractors with a single covered contact of $150,000 or more are required to file VETS-4212 reports. The same data can be used for both…
Quick Hits Cal/OSHA released a revised discussion draft of a proposed workplace violence prevention standard for general industry (non-healthcare settings). The draft proposal includes definitions of engineering controls and work practice controls, and it would require employers to communicate with “authorized employee representatives” and employees regarding workplace violence matters. Comments…
Accounting firm deals often involve complex tax issues, and it is important to understand their implications. If you have any questions on this article, please do not hesitate to reach out to the author or Russell Shapiro, who leads LP’s Accounting Firm Practice. As part of our ongoing series on tax issues for…
Quick Hits The U.S. District Court for the Northern District of Florida recently upheld an injunction against part of Florida’s Individual Freedom Act, also known as the Stop WOKE Act, which regulated the types of content that employers could include in employee training. The court found that a section of…
Have you ever invested due to a fear of missing out (FOMO)? Fearing that you’ll overlook the next big opportunity to grow your wealth might lead you to take on more risk or increase your exposure to a particular area or sector. Read on to find out how to boost…
Seyfarth Synopsis: The California Supreme Court reaffirmed that arbitration agreements are on equal footing with other types of contracts. Therefore, a court should apply the same principles that apply to other contracts to determine whether the party seeking to enforce an arbitration agreement has waived its right to do so.…
Quick Hits Claudia Sheinbaum—the first woman to be elected president of Mexico—will begin her term of office on October 1, 2024. President-elect Sheinbaum has appointed Marath Baruch Bolaños Lopez to be Secretary of Labor and Social Welfare and a member of her cabinet. President-elect Sheinbaum’s labor and employment agenda includes,…
Homeowners worried they could face a financial shortfall in retirement are already considering using their property wealth to fund their plans. While equity release could provide a capital injection to reach retirement goals, it’s important to weigh up the pros and cons first. According to a survey conducted by the…
There are many reasons why an employer may wish to change the terms of an employment contract. However, where the change is unfavourable to the employee, particularly in relation to pay or benefits, the employee in question might not give their consent to the proposals. If the issue cannot be…
In this episode of Deal Volume, McKinsey’s podcast on private markets, McKinsey partner and host Brian Vickery speaks with senior partner Ben Ellencweig. Ben leads alliances and partnerships for QuantumBlack, AI by McKinsey, and spends much of his time working with private equity (PE) firms and their portfolio companies. In this…
Organizational health is a moving target. Leaders at today’s healthiest organizations don’t run them the same way that the C-suite did in 2003, when McKinsey launched the Organizational Health Index (OHI).We created the index to help organizations gain vital insights into whether they have the right practices in place to…
Please note: while we address certain country-specific updates, this Alert contains information regarding global requirements, policies, and procedures as they stand as of the date of publication. We highly recommend reviewing any global mobility inquiries on a case-by-case basis, including any consulate-specific or immigration authority resources, in “real-time” before traveling…
On a hectic Friday in October 2016, Josh Domingues wondered if he had made a mistake quitting the security of a well-paying job managing contracts for professional hockey players to start a new venture selling nearly expired groceries at discount prices. After all, a trial run of the 27-year-old entrepreneur’s…
If you know anyone who has suffered from dementia, you will understand what a cruel illness it can be. From forgetting simple things to aspects of your loved one’s personality changing, dementia can completely transform a person you thought you knew. However, as you might’ve seen in the news, new…
We are excited to announce the new Outlook for Windows is now generally available for commercial customers and will now receive full support from Microsoft's support channels, including Assisted Support! The new Outlook for Windows combines rich productivity features and the latest innovations: Enjoy a familiar, more productive, and seamless way to…
As McKinsey has written previously, public and private investments to rapidly expand the United States semiconductor industry will total more than $250 billion by 2032. This investment brings with it more than 160,000 new job openings in engineering and technician support alongside additional openings in related construction craft jobs, according…
Trust is a valuable commodity in the business world. When customers trust that their data is safe, they are more likely to remain loyal and even recommend your services to others. Data privacy consultants help businesses create robust privacy policies that reassure customers their information is in safe hands. …
To successfully transform your organization digitally, you must have a clear understanding of both strategy execution and strategy implementation. Often organizations will confuse Strategy Execution – the act of identifying and designing its strategy and the portfolio of projects necessary to realize that strategy – with Strategy Implementation – the act of actually spinning up and running […] The post Strategy Execution vs. Strategy Implementation: What Are the Differences? appeared first on Accelare.
Former President Donald Trump has long regarded the stock market as a barometer for success, constantly touting record highs during his time in office and still bragging incessantly about the “beautiful” stock market on his watch. However, what many commentators miss is not just the 40 record highs the stock…
The Second Russian-African Conference of the Valdai Discussion Club was held at a high academic level and aroused wide media interest both in Russia and Tanzania. The African participants of the conference expressed a strong interest in continuing this work. In late July 2024, the Valdai Discussion Club held its…
Neil Webb/Ikon Images Harvard Business School professor Theodore Leavitt emphasized the customer impact of benefits when he famously argued that people don’t want to buy a quarter-inch drill; they want a quarter-inch hole.1 Although his idea is straightforward, many companies still fail to appreciate how embracing a benefits-driven approach can…
Quick Hits On July 31, 2024, the Michigan Supreme Court, in a 4–3 decision, ruled that the Michigan Legislature violated the Michigan Constitution in 2018 by adopting voter-initiated laws and later amending the previously adopted laws in the same legislative session. The high court’s ruling reinstates the 2018 voter-initiated versions…
Traditional passwords are increasingly vulnerable, leading to potential security breaches. Fortunately, there’s a promising development—Microsoft offers multifactor authentication (MFA) without a smartphone using secure, passwordless device access. As we look ahead to the upcoming school year in many places across the northern hemisphere, educational institutions face a daunting security landscape.…