Quick Hits Generally, under the FLSA, employers must pay exempt employees their guaranteed salary during business closures caused by inclement weather, as deductions for employer-caused absences are not permitted. Employers are typically required to pay nonexempt employees for all hours worked, but if they cannot work remotely due to the…
A topic that matters more than ever, and yet is debated more than ever Sustainability matters now more than ever—the increasing need for an urgent step-up in action to meet key climate goals was a common refrain around COP29. Three illustrative facts were often cited: This is the first year…
Q: You are co-authors of “Is Your Use of AI Violating the Law?” published in the Journal of Legislation and Public Policy. What is the aim of the paper? Chertoff: The idea was to survey various ways in which artificial intelligence is impacting the legal landscape. What are the responsibilities…
Topics Column Our expert columnists offer opinion and analysis on important issues facing modern businesses and managers. More in this series subscribe-icon Subscribe Share It takes a truly confident leader to admit what they don’t know — and a brave one to ask their subordinates what they really think. A…
Seyfarth Synopsis: Employees who sign an arbitration agreement with one company cannot avoid arbitration with related defendant-companies by arguing they were not parties to the agreement. The California Court of Appeal held that claims against related defendant-companies that are closely tied to the arbitration agreement cannot not be separated for…
Former General Electric CEO Jack Welch once said: “If the rate of change on the outside exceeds the rate of change on the inside, the end is near.” To remain competitive, companies must adapt quickly to an ever-evolving business landscape. In times of growth, they may expand rapidly and hire aggressively.…
In the midst of negotiations over the budget bill, part of which had already been rejected by the centre-left opposition, which holds a parliamentary majority, President Yoon Suk Yeol decreed martial law, prohibiting all political activity and rallies and putting the press under the control of the army. This extremely…
The emergence of new technologies and geopolitical changes are disrupting industries around the world. Corporations are rethinking how to create value for their customers—whether they are serving other businesses (B2B), consumers (B2C), or both (B2B2C)—and how to rewire their business operations to focus on customer needs. Legacy automotive companies are…
subscribe-icon Subscribe Share Design Work to Prevent Burnout Sharon K. Parker and Caroline Knight Key Insight: Managers can apply a new model for work design to enhance their teams’ well-being and engagement by improving key job characteristics. Top Takeaways: Maintaining employee morale and keeping productivity high are just two of…
Quick Hits Ohio has enacted into law SB 104, legislation restricting transgender access to certain school facilities: On November 27, 2024, Governor Mike DeWine signed into law the “Protect All Students Act,” which mandates that Ohio schools designate multi-occupancy restrooms, locker rooms, changing rooms, and shower rooms for exclusive use…
The world’s largest companies increasingly recognize the risks and opportunities presented by nature and natural capital. This awareness is driving more businesses to set specific targets to address their impact on water, biodiversity, forests, and other dimensions of nature. The unprecedented decline of nature and biodiversity underscores the urgency of…
Charterhouse Warren is one of those rare archaeological sites that challenges the way we think about the past. It is a stark reminder that people in prehistory could match more recent atrocities and shines a light on a dark side of human behaviour. That it is unlikely to have been…
The Medical Research Council (MRC), part of UKRI, is launching its first two Centres of Research Excellence (CoRE), which will develop transformative new advanced therapeutics for currently untreatable diseases. Oxford is leading one of these Centres and co-leading the other. Together, these international collaborations will receive up to £50 million…
We can't avoid all impacts of human activity on nature, so we need to be able to compensate for the damage that we cause to nature. Our review demonstrates how challenging it is to do this via a tradeable ‘unit of nature’ and provides guidance on how to ensure biodiversity…
On Thursday, Dec. 5, the Portola Valley Town Council voted unanimously to approve Stanford’s Portola Terrace residential project. Portola Terrace will provide 27 single-family homes for faculty and 12 affordable housing units for members of the Portola Valley community on a portion of “the Wedge” property along Alpine Road, near Westridge…
Topics Radar Brief insights on emerging trends in management from the opening pages of MIT Sloan Management Review’s quarterly print magazine. More in this series subscribe-icon Subscribe Share Courtesy of Bob Stiller Bob Stiller founded Green Mountain Coffee Roasters in Waterbury, Vermont, in 1981, serving as CEO and president until…
Photonic chips transmit and manipulate light instead of electricity, and offer significantly faster performance with lower power consumption than traditional electronic chips. The Cambridge Graphene Centre and Cornerstone Photonics Innovation Centre at the University of Southampton will partner with members from across Europe to host a pilot line, coordinated by the…
Temperatures in cities are rising across the globe and urban heat stress is already a major problem causing illness, death, a surge in energy use to cool buildings down, heat-related social inequality issues and problems with urban infrastructure.Some cities have already started implementing mitigation strategies, with tree planting prominent among…
In today’s business landscape, organizations face unprecedented levels of change and complexity. Markets shift overnight, new technologies emerge daily, and customer expectations evolve rapidly. This volatile environment demands that organizations adapt quickly, innovate continuously, and respond decisively to new challenges and opportunities. Companies aiming for significant performance improvements may have tried…
Africa’s fintech landscape has undergone a remarkable transformation in recent years, characterized by rapid growth and innovation. Despite significant headwinds, the market remains one of the most dynamic and promising in the world, with notable optimism among fintech leaders and investors. Key fintech players we interviewed indicated they were excited…
Radar These research-based tips can help boards better align chief executives’ contract terms with corporate objectives. Kaushik Viswanath December 09, 2024 Reading Time: 1 min Topics Radar Brief insights on emerging trends in management from the opening pages of MIT Sloan Management Review’s quarterly print magazine. More in this series…
Unlocking workforce potential through culture, motivation, and innovative talent strategies Explore how to unlock your workforce’s full potential by building a culture of engagement, motivation, and development. In this article, we unpack strategies for fostering ownership, spotting talent, and implementing innovative, cost-effective rewards in today’s evolving workplace. Listen to the…
Quick Hits Daniel’s Law in New Jersey allows judges, prosecutors, police officers, correctional officers, and their immediate family members to request in writing that any company or entity not disclose their home addresses or unpublished telephone numbers. On November 26, 2024, the U.S. District Court for the District of New…
In the aftermath of UnitedHealthcare CEO Brian Thompson’s murder in Midtown Manhattan, the most popular posts on social media are ones which express support if not ecstasy over the brazen assassination. In fact, UnitedHealthcare’s own bereavement message online was cruelly mocked by 77,000 laughing response posts, SNL ran into massive…
As the suite of technology tools at companies’ fingertips continues its exponential growth, so does the demand for technology’s role in business. Tech transformations are not singular events but rather a constant reality of corporate life. According to our latest McKinsey Global Survey of technology and business leaders, most companies are investing…
The best part of my job is that I get to meet so many wonderful people, but I don’t always remember the exact moment we met. But I definitely remember meeting Bob van Luijt, CEO of Weaviate.* When I introduced myself to Bob, he reacted with contagious enthusiasm. He was…
Another global problem has been the growth of waste associated with the digital transformation. In the second decade of the 21st century, the volume of screen and monitors waste, as well as discarded telecommunications equipment, increased worldwide by 30% - from 8.1 million to 10.5 million tons. Moreover, digitalisation affects…
Dr Paula Sheppard. The UK has a fertility gap of around 0.3 children meaning that for every three children wanted only two are born. This phenomenon is largely driven by people starting families later in life. For instance, in 2016, approximately 22% of births were to mothers over age 35 compared…
It’s the conversation that’s dominating board rooms and strategy meetings. How are firms preparing for, or already harnessing, the potential of AI for their organisation? A KPMG survey found that 65 percent of executives anticipate a significant impact from generative AI (GenAI) within the next few years, even as many firms…
Throughout his 40-year career, Nathan Bostock has seen the financial services industry change in big ways—and has used these changes to his advantage to usher in the next era of banking. He has led multiple full-scale transformations across several companies, including during his tenure as CFO and CEO of Santander…
Elvis Presley may have been the king of rock ’n’ roll, but he didn’t invent it. His influences included country music and pop crooners as well as Black artists like Arthur Crudup, B.B. King, Fats Domino, and Little Richard, and the gospel music he loved as a kid in rural…
The Federal Court of Appeal (FCA) recently issued its decision in the appeal of Galderma’s second judicial review of the decision of the Patented Medicines Price Review Board (the PMPRB) that it had jurisdiction over Galderma’s Differin® product. In a strongly worded decision, the FCA granted Galderma’s appeal and set…
The United Kingdom and Switzerland announced, in December 2023, the signing of a ground-breaking mutual recognition agreement in the financial services sector. The Berne Financial Services Agreement, its proponents promise, opens doors hitherto closed, vistas so far unexplored, and markets yet unexploited. This kind of an agreement — or something…
Like many industries, the upstream sector of the oil and gas industry is facing challenges on several fronts: volatile commodity markets driving higher cost inflation, geopolitical instability causing supply chain disruptions, competition for construction talent and labor in certain geographies such as North America, and increasing pressure to accelerate bringing…
A longstanding poetics workshop credited with fostering the academic success of many of its past and current members has given rise to a new center dedicated to poetry scholarship.The Stanford Center for Poetics was launched this quarter under the leadership of faculty director Marisa Galvez, professor of French and Italian.…
On Nov. 27, 2024, just one month after many provisions of Ontario’s Working for Workers Five Act, 2024 (Bill 190) received Royal Assent, Ontario has proposed Bill 229, the Working for Workers Six Act, 2024. The new legislation, which builds upon its five predecessors, proposes changes that will affect employers,…
The healthcare industry has been buffeted by a growing number of challenges over the past few years. This turbulence struck provider organizations in 2022, while payers were initially sheltered from the storm (Exhibit 1). But conditions became more difficult for payers in 2023, which has continued into this year, and…
Unexpected crises, volatility, and a generally accelerated pace of change have increasingly become the norm. But it doesn’t feel normal. For many, it feels stressful and exhausting. Think of all the very large disruptions on leaders’ agendas these days—widespread use of automation, artificial intelligence, and other technologies at work; geopolitical…
What You Need to Know: As we previously reported, earlier this year a new paid prenatal personal leave entitlement was added to Section 196-b of the New York Labor Law, i.e., the New York State Paid Sick Leave Law. Beginning January 1, 2025, employers must provide at least 20 hours…
Professor Richards joins Cambridge from the University of Oxford, where he has been since 2019. His particular research interest is the demonstration of clinical proof of concept of novel therapeutics through the application of experimental medicine techniques, especially human challenge studies.As Climax Professor of Clinical Therapeutics, director of the Oxford…