You may have heard of EOTs, and how they are an option for business owners to realise the value of their business. An EOT is an Employee Ownership Trust, which is a trust that allows a company to become owned by its employees. Benefits for you If you are thinking…
On March 2, 2023, the European Union’s Court of Justice (CJEU) affirmed the legitimacy of penalties and administrative actions levied by the Financial and Capital Market Commission (FKTK) against PrivatBank to mitigate potential involvement in money laundering and terrorist financing. PrivatBank, based in Latvia, has shareholders A and B, both…
On August 10, 2023, the Department of Consumer Affairs (“DCA”) issued additional guidelines for celebrities, influencers, and virtual influencers who endorse health and wellness products or services (“Guidelines”). The intention of these Guidelines is to curb misleading advertisements and unsubstantiated claims, and to promote transparency in health and wellness endorsements.…
In the past months, we witnessed two major semiconductor events across the globe: The 2023 Global Semiconductor Alliance’s (GSA) European Executive Forum gathered leading global senior executives on June 14-15 in Munich to embrace the most pressing issues affecting an industry caught in the throes of change. SEMICON West 2023 took place in…
Tuck associate professor Lauren Grewal wouldn’t say she was destined to become an academic, yet her odds of following that career path were better than fifty-fifty. Both of her parents have been marketing professors, and Grewal has fond memories of being in their classrooms as a kid and thinking the…
Fifteen months after the tragedy in Uvalde, many school districts in Texas and around the country are working with their local police departments to place more police officers inside schools. These officers—mostly known as school resource officers—will arrive at a fraught time. Just a few years ago, after George Floyd's…
In a little more than a decade, investors have transformed cryptocurrency from a techno-curiosity into a trillion-dollar-plus opportunity that has the potential to one day reshape the global economy. Yet in the past 10 years, little has been revealed about the investors who have signed on for this wild ride.…
The Horatio Alger Myth has resurfaced in headlines this summer in political controversy that shows little insight into the true character behind this myth of American success. Alger was a scandalized failure whose recreated image was later manufactured by publicity seeking publishers in the 1920s several decades after his…
On average, women earn 79 cents on the dollar compared to men—a figure that has been repeated by economists and politicians for years. It has proven a simple way to underscore a persistent and complex problem in the United States. Although factually correct, the finding that women make less than…
The objective is to tax profits based on the tax year instead of the profits for the 12 months to the accounting date in the tax year. The changes will take effect from the 2024/25 tax year, with transitional rules applying in 2023/24. The reform affects individuals who are self-employed,…
Scott explores why gratitude is a form of self-care, why it’s good business to implement a gratitude practice, and the impact of workplace loneliness. He also reveals the reason that 79% of workers leave their jobs, the transformative power of a handwritten note and how 36 questions can build long-lasting…
Leaders like to show that they value employees. They proclaim that everyone on the team is critical to the organization’s success. As uplifting as that sentiment is, it simply isn’t true. Talent can be a source of competitive advantage only if great people are in the most critical roles. Having…
Launching into a new market requires careful consideration of the industry trends, target consumers, competitive landscape, product mix, and operations investment. This is no different for the pet food industry. The pet food industry is growing yearly and is expected to reach an 8% CAGR by 2023, with consumers spending $51…
To improve EV batteries, study them on the road. New research shows adding real-world driving data to battery management software and computer models of battery pack performance can lead to longer-lasting, more reliable batteries. By Mark Shwartz Driving styles, temperature, and charging patterns can affect battery health. (Image credit: Getty…
The last time we talked about returning to the office, you suggested that we take this opportunity to think about the workplace—not just how to organize workers and cubicles, and whether we mask, and what the hybrid policy is, but to assess how our organization works, and how we‘re working…
Divorce is always an emotionally challenging experience for everybody involved. But women often take on more of the financial burden at the end of a marriage. Research from Legal & General shows that there is a significant “gender divorce gap” as women experience a 33% drop in their income, compared…
Industrial automation is top-of-mind for manufacturers and logistics companies, especially given the prevailing labor shortage and escalating material and labor expenses. Key market players, such as Robotics Manufacturers, Distributors, and Systems Integrators (SIs), have been widening their offerings to meet evolving demand, causing a surge in mergers and acquisitions. Consolidation…
The number and size of public investment funds in Canada that hold crypto assets (Public Crypto Asset Funds) has grown rapidly since the first Public Crypto Asset Fund was launched in Canada in 2020. On July 6, 2023, the Canadian Securities Administrators (CSA) published CSA Staff Notice 81-336 Guidance on…
Economic operators play a vital role in ensuring that the sanctions regime is effective. Non-compliance with the sanctions regime by economic operators will dilute the effectiveness of the sanctions being imposed by the EU, the UN or other competent authorities. It is therefore key that the appropriate measures are adopted…
Employee engagement is a crucial factor in driving organizational success. Effective employee listening reveals the obstacles hindering employees from reaching their full potential. Research from Perceptyx has repeatedly identified six common barriers to engagement: Recognition and reward Growth and development Continuous improvement and innovation Communication Collaboration and teamwork…
About that recession…time for a second opinion? vbois August 14, 2023
Bill C-47, An Act to implement certain provisions of the budget tabled in Parliament on March 28, 2023 (Bill C-47), received royal assent on June 22, 2023. Bill C-47 includes a major expansion of the mandatory disclosure rules for “reportable transactions” and the introduction of disclosure requirements for “notifiable transactions”.…
Dear retailer, let’s talk about pricing. Pricing holds immense power when it comes to driving profits. The better you wield this power, the greater your returns. In the fiercely competitive retail landscape, it is crucial for retailers like you to assess their competition. Understanding where you stand in relation to…
Congress approved new investments in clean energy at an unprecedented scale in November 2021’s Infrastructure Investment and Jobs Act (“IIJA”) and August 2022’s Inflation Reduction Act (“IRA”). These laws expanded or created dozens of tax incentives and grant programs to support investment in established renewable energy technologies, like solar and…
One of the most noticeable aspects of the cost of living crisis is how widespread it has become. Nobody seems to be immune, not even the wealthy. Even if you have accumulated a comfortable amount of wealth, you still need to buy groceries, take flights, pay bills and visit restaurants.…
Compared with other critical business functions such as sales or customer operations, software development is perennially undermeasured. The long-held belief by many in tech is that it’s not possible to do it correctly—and that, in any case, only trained engineers are knowledgeable enough to assess the performance of their peers.…
Why did the Chinese central bank cut rates? The modest monetary easing of mid-August—just 10 to 15 basis points off short-term repo rates —is a limited response to a Chinese economy that is under serious downward pressure. Most, including myself, were expecting sustained momentum in the economy in 2023 to…
If world leaders learn only one lesson from the war in Ukraine, it should be that the ability to rapidly innovate—to invent, adopt, and effectively integrate new technologies—can have profound implications for combat outcomes. Outgunned and outnumbered, Ukrainians took a page from the U.S. playbook and turned to technology to…
Imagine a canvas where businesses paint their aspirations of growth and expansion. Market entry strategies provide the brushes, colors, and strokes required to bring those aspirations to life. These strategies are meticulously crafted blueprints that guide businesses in penetrating new markets, unearthing fresh customer bases, and solidifying their global footprint.…
In this episode of the Inside the Strategy Room podcast, two authors of a recent article on the CEO transition discuss how incoming leaders can make the most of their first 12 months in the role. Carolyn Dewar, who co-leads McKinsey’s CEO excellence work, is a co-author of last year’s bestseller…
A team of Stanford Medicine researchers have shown in male mice that a particular neuronal circuit is responsible for sexual arousal and for the actions and pleasure that ensue, opening avenues for treatment in men. The brain’s hardwired housing for male mammalian sex drive, behavior and reward looks to be…
The recent White House announcement that it would send cluster munitions to Ukraine was met with both criticism and applause. The administration defended its decision, noting that Russia has been using these munitions to attack Ukraine and that Kyiv has been asking for these munitions for self-defense purposes. They have…
Alliances matter. Not even superpowers can go it alone. Today alliances around the world are shifting, and not always in America’s favor. To be sure, there has been some good news for the United States and its friends. The Ukraine War has revived NATO as an alliance and (largely) unified…
In early 2020, as restrictions imposed to contain the coronavirus swept across the world, concerns about “lockdown fatigue” followed closely in their wake. As early as spring and early summer in the U.S., media commentators worried that lockdown policies were chafing, and that a critical mass of weary rule-breakers could…
Check out 10 ways Bard can help you get things done, from brainstorming ideas to planning trip itineraries.
In January 2023, the European Union adopted the Corporate Sustainability Reporting Directive (CSRD), which requires EU and non-EU companies with activities in the EU to file annual sustainability reports alongside their financial statements. These reports must be prepared in accordance with European Sustainability Reporting Standards (ESRS). On July 31, 2023,…
Doing an M&A transaction across borders means increased complexity and risk for the parties involved, but careful planning — guided by experienced advice — can help ensure nothing gets lost in translation. Our first set of 10 tips for U.S. professionals doing private M&A deals in Canada covers everything from…
Born between 1997 and 2012, Gen Zers are different from previous generations. Unafraid to speak up or break long-established taboos, a Gen Z team member might leave the office at 17.00 (five o’clock) sharp because they have football practice, even if there is more work to do. They might also…
“RoboAgent is a critical milestone toward general robotic agents that are efficient learners, effective in novel situations and capable of expanding their behaviors over time,” said Vikash Kumar, adjunct faculty in the School of Computer Science(opens in new window)’s Robotics Institute(opens in new window). “Current robots are highly specialized and…
Many current TV shows and movies are reboots of existing franchises. Why has this one been so culturally omnipresent? The marketers at Warner Bros are being touted as geniuses, credited with the blockbuster success of the Barbie movie. The movie has already grossed $1 billion in box office sales, with…