Carolyn Geason-Beissel/MIT SMR | Getty Images Ever sat through a board meeting and wondered whether other directors or trustees are not conscious of the time or are consciously sabotaging the meeting? Do some members seem hell-bent on turning decision-making into a no-win game? You’re not alone. The line between accidental…
Today’s episode of Pioneers and Pathfinders takes a slightly different approach. We are joined by Tony Thai, a returning guest, who is the CEO and Chief Engineer of HyperDraft, a contract automation software platform for various enterprises. We’re also joined by Byong Kim, Senior Director of Technology Innovations at Seyfarth.…
Quick Hits The Working for Workers Five Act, 2024 amended the Occupational Health and Safety Act’s definition of “industrial establishment” to exclude any office in a private residence, and the definitions of “workplace harassment” and “workplace sexual harassment” to include virtual activities. Under the Employment Standards Act, 2000, as amended,…
In its recent decision, Canada (Privacy Commissioner) v. Facebook, Inc., 2024 FCA 140, the Federal Court of Appeal explored, defined, and explained two requirements of the Personal Information Protection and Electronic Documents Act, S.C. 2000, c. 5 (PIPEDA): (1) the requirement that an organization must obtain “meaningful consent” to collect,…
In this episode of McKinsey on Building Products, McKinsey’s podcast on software product management and engineering, McKinsey partner Rikki Singh speaks with Varun Parmar, general manager of Adobe. Throughout his career, Parmar has led product teams at technology companies that are leaders in product-led growth (PLG), such as Box, Miro,…
“Thought has been the father of every advance since time began. ‘I didn’t think’ has cost the worlds millions of dollars.” – Thomas J. Watson Sr. Former chairman and CEO of IBM The original slogan ‘Think’ has been prominent since C-T-R became IBM in 1924 and was the starting point…
A 3D rendering of light bulb covered with green grass and blooming yellow flowers against light gray backgroundAs with many aspects of modern life, technology has a significant role to play in tackling climate change—arguably the greatest challenge our species has ever faced. But to avoid the most devastating effects of…
Accidents involving 737 Max airplanes and Boeing’s ongoing internal struggles serve as a stark reminder that having experts is not enough: Leadership must organize expertise effectively. Pedro Monteiro November 06, 2024 Reading Time: 11 min Carolyn Geason-Beissel/MIT SMR | Getty Images In the race to recruit and deploy talent, organizations…
Quick Hits The Colorado Attorney General’s Office recently proposed draft amendments to the Colorado Privacy Act (CPA) Rules. The draft amendments are largely focused on consumer data and implement recent changes to the CPA that reflect increased regulation of entities that collect and use biometric information and personal information relating…
On Oct. 2, 2024, Environment and Climate Change Canada (ECCC) published three proposals for implementing changes to the Canadian Environmental Protection Act (CEPA), one of Canada’s core environmental laws regulating toxic substances and pollution. All three proposals relate to the CEPA modernizations made in June 20231, which we first wrote…
Generally available today, Windows Server 2025 builds on our mission to deliver a secure and high-performance Windows Server platform tailored to meet customers’ diverse needs. This release will enable you to deploy apps in any environment, whether on-premises, hybrid environments, or in the cloud. Windows Server 2025 Investing in your…
On 30 October 2024, chancellor Rachel Reeves became the first woman in history to deliver a Budget to the UK parliament. In the lead up to the announcement, there was much speculation in the media about which taxes would increase and how this might affect your financial plan. You might…
Has it finally happened? Have fledgling AI “experiments” inside companies finally morphed into real technology deployments, paving the way for big new efficiencies and streamlined workflows across all manner of industries and business processes? The answer, according to our Battery Ventures 2024 “State of the OpenCloud” report, is yes—to a…
Ensure your wishes are known from the grave Halloween, the season of ghosts, ghouls, and things that go bump in the night, reminds us how the past can haunt the present. But there is a far scarier spectre than any creature in a costume – the nightmare of an unplanned…
Technology has reshaped banking. Traditional financial institutions have grown their technology teams and are demanding more from them than ever before. Technology teams build innovative new products such as AI-enabled personalized customer experiences, digital payments, and analytics-driven cross-selling. They integrate acquisitions, automate back-office processes, and securely manage vast amounts of…
As a discussion club widely known for focusing on global politics and world affairs, it is appropriate and timely under the circumstances that we start brainstorming and debating the possible structure of a new world order. This is because, on the one hand, the relatively stable balance of power achieved…
In a world where visual identity can make or break a brand, the Marks and Spencer v Aldi case has brought design right infringement to the forefront of UK intellectual property law. This legal dispute revolves around allegations that Aldi copied Marks and Spencer’s premium gin packaging, specifically its distinctive…
During a time of both rapid transformation and intense scrutiny, today’s energy industry leaders are increasingly turning to advanced solutions in AI and data management to drive sustainability and efficiency as the global community works to combat climate change. This is a time-sensitive effort, as increased energy demand and the…
Editor's note: The following is an excerpt from chapter one of Fintech, Small Business & the American Dream, written by Karen G. Mills, senior fellow at Harvard Business School. The second edition was published in 2024 by Palgrave Macmillan.The cycle of fintech innovation in small business lending is not yet…
Of all the various AI technologies, generative AI (gen AI) has arguably captured the most excitement among organizations in the business world and the public sector. Its ability to automate activities across a range of functions—customer interactions, content generation, and computer coding, for example—promises to reshape how much work gets…
Tips from Seyfarth: Opinion Update - Fifth Circuit Clarifies Scope of its Decision Vacating 80/20 Rule | Wage & Hour Litigation Blog Skip to content
Quick Hits Two German federal ministries have drafted legislation that would provide more legal certainty for employers regarding how to handle employee data. The legislature also wants to allow the use of AI applications, but within certain limits. The draft legislation would provide a detailed regulation on the basics of…
Over the last year, the cybersecurity industry faced a significant surge in QR code phishing campaigns, with some attacks increasing at a growth rate of 270% per month.1 A QR code (short for “Quick Response code”) is a two-dimensional barcode that can be scanned using a smartphone or other mobile…
If a chatbot can Slack convincingly in the boss’s voice, will employees follow orders once they realize the CEO is actually a machine?A novel two-part study finds that an artificial intelligence (AI) chatbot trained to write like a technology company’s CEO responded to questions so believably that many employees thought…
Residential battery energy storage systems (BESS) primarily serve two purposes for homeowners. First, they capture energy generated by solar panels and store it for use when needed, such as in periods of inclement weather or when grid electricity rates increase. Second, they can act as backup generators, providing power during…
The authors also highlight how NbS can create 'win-win' scenarios, such as raising income and creating jobs while enhancing biodiversity and supporting climate adaptation. These attributes make NbS an essential approach for countries as they transition to clean and efficient circular economies. Specific examples covered by the research include the…
The accumulation of discoveries and innovations in history takes time, but their rapid development and widespread implementation - sometimes reaching revolutionary proportions - usually begins during and after crises (and during conflicts). At the moment, the world has emerged from the Covid-19 economic crisis, but it is in a state…
Claudia explains how her passion for advocacy arose following her father’s illness, and how moving away from images of a cancer ‘’battle’’ helps us to see our bodies as allies, rather than adversaries. She also highlights the barrier to healing created by the language of competition, how she found inspiration…
What our model showsAs energy companies continue to install bigger wind turbines further offshore in the name of maximising energy output, our results counter the conventional wisdom that associates larger turbines with higher efficiency and profitability. The findings shed light on the inherent trade-offs in turbine size and wind farm…
To engage customers responsibly, businesses need to find a balance between strong marketing efforts and fair commercial practices. The European Union (EU) has strict regulations to protect consumers from unfair commercial practices, and it’s vital for e-commerce companies to understand and comply with these rules. Failure to do so can…
Mustering adequate human resources for healthcare is a significant challenge for most health systems globally. Everywhere you look, countries are facing shortages in qualified healthcare personnel, uneven distribution of workers, inadequate training, and challenging work environments. These issues are most acute in low- and middle-income countries, particularly in Africa, which…
Australia’s general insurers have been facing more frequent and more severe natural disasters, rapid inflation of claims costs, and increased scrutiny from regulators—all while trying to achieve sustainable financial performance. At the same time, the cost of insurance has become increasingly unaffordable for consumers. Insurers trying to outperform in this…
1. Credit for this example is due to X user Dean Buono (@deanbuono); credit for subsequent examples in this section is due to Colin Fraser (@colin_fraser). 2. L. Berglund, M. Tong, M. Kaufmann, et al., “The Reversal Curse: LLMs Trained on ‘A Is B’ Fail to Learn ‘B Is A,’”…
Q: Blood transfusions are so commonplace they don’t get much attention. Would you give some context on the importance of transfusions and the business of the blood supply? It is just expected that blood will be available for transfusion. Whether it’s cancer treatment, maternal postpartum hemorrhage, sickle cell, transplant surgery,…
In 2021, we asked whether the private-brand trend would last. At the time, consumers were eagerly snapping up retailers’ owned brands, which were lower-priced and more readily available than similar products from many national brands. Fast-forward to today: our research clearly shows that consumers are continuing to opt for private…
The cold war didn’t remain cold of its own accord. In the absence of the rising global peace discourse fostered by postwar peace movements, the cold war would have been even more dangerous and, perhaps, never-ending.The original, and most powerful, postwar peace movement was led by the World Peace Council…
The 7 key success factors in B2B pricing 1. Align pricing with your business objective When it comes to pricing strategies, there is no one-size-fits-all. Every company needs a pricing strategy that fits its unique situation. Your pricing strategy should align with your overall business objectives, whether that is maximising…
“There is nothing permanent except change… from differences results the most beautiful harmony” Heraclitus of Ephesus, 5th century BC If there is a central theme to this year, it is probably the world getting accustomed to the lack of predetermined scenarios. Discussions focusing on international order are fading; the…
Google explores how its technology can help solve global challenges like access to emergency health services.
Generative AI (gen AI) promises to transform business processes. The value added from gen AI could reach $ 4.4 trillion per year, according to McKinsey analysis. Historically, the packaging industry has lagged behind other industries in adopting new digital technologies—including traditional AI and machine learning. However, even in this industry,…