The Four Guardrails That Enable Agility Nick van der Meulen Key Insight: Defining constraints can help large companies foster employee autonomy and agility while maintaining organizational and strategic alignment. Top Takeaways: Organizational agility requires that employees be empowered to make fast decisions, take risks, and consider new ideas, but companies…
Understanding dilution is crucial for founders, particularly as they seek investment and scale their businesses. When high-growth companies attract investor capital, some level of dilution is expected. So here are five essential points every founder should know about dilution. 1. Definition and Impact What is Dilution: Dilution occurs when a…
The statistics for the University of Cambridge are available on the website as part of our ongoing commitment to transparency and openness around the use of animals in research.This coincides with the publication of the Home Office’s report on the statistics of scientific procedures on living animals in Great Britain in 2023. The…
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 Business doesn’t operate in a vacuum. Sometimes external conditions exert a much larger force than usual. That is certainly the case today, with political and environmental…
On September 4, 2024, New York Gov. Kathy Hochul signed into law an amendment to New York’s warranty reimbursement statute, N.Y. Veh. & Traf. Law § 465, requiring manufacturers to compensate dealers for labor using the “reasonable” time allowances contained in third-party labor time guides “reasonably utilized” by dealers for customer-pay…
Quick Hits A recent decision from the NLRB found that consent orders undermine the NLRB general counsel’s prosecutorial authority and fail to facilitate a mutual resolution of labor disputes. For now, the NLRB will no longer accept consent orders, which are settlement terms unilaterally proposed by a respondent (typically an…
Together with Oracle, we’re announcing upgrades to Oracle Database@Azure, giving customers the ability to run or build new cloud applications that combine Oracle Database services with native Microsoft Azure services and benefit from extremely low latency and high performance. This blog is co-authored by Kambiz Aghili, Vice President, Oracle Cloud…
AI can help you become a better writer, coder, and researcher. But can the powerful technology boost business acumen and economic performance?Sort of, says a recent study. An experimental artificial intelligence (AI) mentor designed to answer business questions from Kenyan entrepreneurs helped some become more successful—but led others down the…
A decision driven by pragmatic considerations… The problems afflicting Jakarta include overpopulation, pollution, subsidence and flooding. With 12 million people living there – 30 million if you include the entire metropolitan area – Jakarta is overpopulated. It’s one of the world’s most densely populated cities, with more than 16,000 people…
Joan Tabachnick ’86 has worked in the field of child sexual abuse prevention for more than 30 years and developed widely used educational tools and programs. She serves on the advisory council of Stop It Now, and recently retired as the executive director of MASOC—the Massachusetts Society for a World…
Radar Research finds that companies have been slow to adopt generative AI and that the technology’s labor impacts have not been widely felt. Kaushik Viswanath September 09, 2024 Reading Time: 2 min Topics Data, AI, & Machine Learning AI & Machine Learning Radar Brief insights on emerging trends in management…
Quick Hits The right to switch off would give workers the right to not have to engage with work correspondence (including emails, phone calls, and work-based messaging services) outside their contracted working hours. This right is intended to give “workers and employers the opportunity to have constructive conversations and work…
With stricter domestic violence laws being introduced, a common question being asked is whether financial abuse is a crime. While this has previously been seen in the context of family law proceedings, the introduction of coercive control as a criminal offence has expanded the consequences of financial abuse. This is…
On September 9, the Valdai Discussion Club presented the report “Neither East, Nor West: How Iran’s Economy Copes With Sanctions”. The discussion was moderated by Ivan Timofeev, the Club’s programme director, who noted that Iran remains one of the key cases for those studying the use of sanctions, and that…
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 Mathematica Akira Bell is senior vice president and CIO at Mathematica, a research and data analytics consultancy. Bell was a…
It was a brief dalliance, just a few weeks in length, over text and video only.The end of the affair was nonetheless just the beginning for Stephen Easterbrook, the McDonald’s CEO who went from being hailed as the company’s “savior” by doubling its share price in less than five years…
With climate change increasing seasonal temperatures and causing more frequent heatwaves, understanding these effects has become more crucial than ever. Hormones play a role in nearly all biological functions, yet the influence of environmental factors on hormone release and action is not well characterised. Researchers from the University of Oxford,…
According to McKinsey analysis, between 2023 and 2030, ultra-high-net-worth (UHNW) and high-net-worth (HNW) families in the Asia–Pacific region are set to experience an intergenerational wealth transfer estimated at $5.8 trillion. UHNW families are expected to account for about 60 percent of the total wealth transfer (Exhibit 1), and many are…
In the current business landscape, artificial intelligence offers unprecedented opportunities for innovation and growth. Our experts answer the most common questions when it comes to developing an AI strategy to gain a competitive advantage. This article covers key considerations, potential risks and best practices for integrating AI into your business.…
One thing we’ve learned about AI at work: if you want to see true business transformation, you need to get a critical mass of your organization using the technology every day. And that means encouraging dozens, hundreds, thousands of people to build entirely new habits, which can be a start-and-stop…
Seeing what’s going on inside a body is never easy. While technologies like CT scans, X-rays, MRIs, and microscopy can provide insights, the images are rarely completely clear and can come with side effects like radiation exposure. But what if you could apply a substance on the skin, much like…
We’re starting to roll out AI Studio in the US as a place for people to create, share and discover AIs. Built with Llama 3.1, AI Studio lets anyone create and discover AI characters and allows creators to build an AI as an extension of themselves to reach more fans.…
Quantum computation is a rapidly maturing technology with significant disruptive potential. Over the last 4 years alone, the record number of stable qubits has grown by a factor of nearly 18×, with quantum computers used to demonstrate proof-of-concepts in finance, pharmaceuticals, and manufacturing – among other sectors. If this growth…
Segmentation – identifying which image pixels belong to an object – helps with tasks like analyzing scientific imagery or editing photos. Our original Segment Anything Model released last year inspired new AI-enabled image editing tools in our apps, such as Backdrop and Cutouts on Instagram. SAM has also catalyzed diverse…
The HR function plays an important—if often unrecognized—role in M&A. When it comes to bringing together separate businesses, structures, and cultures, “people make all the difference,” says Lisa Blair Davis, the global head of HR for Johnson & Johnson (J&J) MedTech. Davis has seen and helped drive substantial growth in…
Seyfarth Synopsis: Minnesota joins the growing number of states to adopt statewide legislation requiring employers to disclose starting salary ranges and other forms of compensation and benefits in postings for open positions. The law becomes effective January 1, 2025 and applies to employers with 30 or more employees within the…
This commentary originally appeared in Fortune. Writing in the journal Public Opinion 1951, Yale researchers Carl Hovland and Walter Weiss labeled their postwar studies on the trick of persuasive messaging regardless of the truth as “the sleeper effect.” They found that a message lingers through repetition, even if factually unfounded.…
Lasting performance improvements that establish a competitive advantage: What organization doesn’t want that? For a company undergoing transformation, cultivating employee “will” to change the way it operates is critical for success. Organizations that focus on generating this will, along with building critical skills, executing with rigor, and setting a holistic…
How bad is housing affordability in the U.S.? Is it actually a crisis? There are many ways to define housing affordability, but common indicators point to much higher costs of both owning and renting than what we have seen since pre-COVID times. Average home prices grew more than twice as…
On 14 April 2024, the Stock Exchange of Hong Kong Limited published conclusions to its consultation on the enhancement of climate-related disclosures under its environmental, social, and governance (“ESG”) framework. With effect from 1 January 2025, a new set of rules mandating climate-related disclosures (the “New Requirements”) will be added…
Quick Hits On September 4, 2024, Governor Kathy Hochul signed into law the New York Retail Worker Safety Act, a comprehensive measure intended to increase worker safety and address the hazard of workplace violence in retail settings. The act, which applies to retail employers with at least ten employees and…
The European Union has already militarised Ukraine to the breaking point. It is logical that, out of supposed fear of Russia, the countries of the European Union, which form the first line of contact with Russia from the Baltic to the Black Sea, would embrace additional militarisation. The transformation of…
Innovation and interest in the tech sector remain strong, despite market challenges and dips in investment. On this episode of The McKinsey Podcast, McKinsey technology experts Lareina Yee and Roger Roberts share findings from the McKinsey Technology Trends Outlook 2024 report. They talk with editorial director Roberta Fusaro about where innovation is…
Topics Data, AI, & Machine Learning AI & Machine Learning Column Our expert columnists offer opinion and analysis on important issues facing modern businesses and managers. More in this series subscribe-icon Subscribe Share Carolyn Geason-Beissel/MIT SMR | Getty Images A Waste Connections garbage truck driver was making his rounds in…
Quick Hits California’s SB 399 would limit an employer’s ability to communicate with employees regarding political or religious matters during mandatory meetings. The bill’s definition of “political matters” includes matters relating to union organizing. The act provides employees with a private right of action that includes punitive damages. If signed…
Experiential retail is a growing way for retailers to draw in shoppers, increase omnichannel sales, and build their brands. Real estate owners and operators that can attract experiential retailers can benefit in multiple ways. Here’s what it takes. Katy McLaughlin: What is experiential retail? Colleen Baum: It’s a format designed…
The rules governing the employment relationship are always changing. Laws creating new employer obligations, technology solutions making work more efficient and more complicated, and rules governing the resolution of disputes between employers and their workers are around every corner. Seyfarth’s Wage Hour Litigation Practice Group is excited to announce a…
The biggest sustainability challenge today is not a lack of enthusiasm. We observe many more business leaders every day who are eager to engage in sustainability efforts, driven by factors such as government regulations, societal expectations, stakeholder demands or their own aspirations.The real challenge lies in effectively harnessing this enthusiasm…
AuthorAnalyst+49(69)910-31730Deutsche Bank Research ManagementRobin WinklerVolkswagens’s recent public considerations to possibly shut down plants in Germany and lay off employees for operational reasons came like a bombshell. Nevertheless, we have been pointing out for some time that the balance between production and employment in the automotive industry in Germany is disturbed.…
Of 3,500 proposals reviewed by the ERC, only 14% were selected for funding – Cambridge has the highest number of grants of any UK institution.ERC Starting Grants – totalling nearly €780 million – support cutting-edge research in a wide range of fields, from life sciences and physics to social sciences and…