Management & Strategy
Leaders vs. Managers: Which one are you? - 07/04/2022
Many people still believe that "leadership" and "management" are inherent to certain positions. Research tells us that this is not the case. In the context of a modern organization’s structure, which is more than a century old, this means that leadership is handled by a few people at the top of the hierarchy, and the large group in the middle is responsible for management. In many ways, such...
Google offers to employees possibility of relocation to US states that allow abortion - 06/28/2022
Google sent out a message to all employees notifying them that they may relocate to a state where abortions are still legal after a U.S. precedent protecting the right to the procedure was overturned at the federal level. Google informed staff on June 24 that anyone wishing to transfer to a state where the procedure is still permitted might do so after the U.S. Supreme Court overturned Roe v....
Mining companies in Australia accused of failing to combat harassment - 06/24/2022
A report on the conclusions of a significant investigation into sexual assault in the regional mining sector was issued by the State Government of Western Australia. According to the research, which looked at a number of complaints made by female workers at organizations including BHP Group, Rio Tinto, and Fortescue, rampant sexual harassment and instances of sexism were present. Additionally,...
3 strategies to stop procrastinating and get down to business - 06/21/2022
You probably have a project that you keep putting off. Or there's a client you need to call and you've been delaying the call for days. Wait, you were also going to go to the gym more often! How do you get yourself to do what you need to do? Reason 1: You procrastinate because you're afraid it won't work Solution: preventative focus. There are at least two approaches to any task. You can take...
UK starts biggest experiment with four-day work week - 06/08/2022
The largest experiment in implementing a four-day workweek has begun in the United Kingdom. According to The Guardian, the 4 Day Week UK program will involve 3,300 employees from 70 organizations. The 4 Day Week program is being held in the United Kingdom thanks to the efforts of New Zealand entrepreneurs Andrew Barnes and Charlotte Lockhart, as well as scientists from Oxford, Cambridge, and...
Musk demands that Tesla's top managers leave their remote offices or resign - 06/02/2022
Musk wrote to Tesla's top managers about unacceptability of working remotely. The richest businessman in the world demanded that managers spend at least 40 hours a week at their workplace or quit their jobs. Tesla CEO Elon Musk demanded from top managers of the company to come back from remote work to the office or to quit the company. This follows from a copy of a letter on behalf of Musk that...
SoftBank cuts salaries of top executives after record investment fund losses - 05/31/2022
After reporting unprecedented losses at two investment firms, Japan's SoftBank has reduced the wages of its senior executives. The downsizing had little effect on Masaesi Son, the billionaire CEO. After reporting historic losses at its two investment funds, Vision Fund 1 and 2, Japanese company SoftBank has slashed the compensation of its senior executives. It was reported in the Financial Times,...
Twitter founder Jack Dorsey resigns - 05/26/2022
Jack Dorsey, the creator and CEO of Twitter, has resigned. Axios reported on this. In November 2021, Jack Dorsey declared his intention to depart the firm. CTO Parag Agrawal will take his place. Jack Dorsey was one of Twitter’s co-founders. The service was created as an internal service for Odeo employees and was envisioned as an analog of SMS, message networks, and a website. However,...
Richest crypto-billionaires lose nearly $50B on Bitcoin dip - 05/13/2022
According to estimations by Forbes, aggregate fortunes of the 11 richest billionaires who made their capitals from cryptocurrencies decreased by $49.06 billion in the two months following the crypto market crash. Bitcoin has lost 35% of its value since early April, and has now dipped below $27,000 for the first time since December 2020. Binance exchange founder Changpeng Zhao, the world's...
New normal: Navigating your company through changes - 05/02/2022
Change is scary. How do you make plans? How do you manage a company? How do you act quickly and efficiently? Expecting things to settle down in a year or two means ignoring the obvious: change is the new normal. We need to adapt not from time to time, but constantly. Change activates people's survival channel, a signaling system that looks for and reacts to threats. It's useful if it's...