The four-day workweek is new standard for 40% of companies, EY survey finds

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Description: A cooling economy, rising mortgage rates and mass layoffs have done little to dampen executive demand for expanded office presence and increased flexibility for office workers, a new report from Ernst and Young found.  The consulting firm on Wednesday released its second annual EY Future Workplace Index, which showed a growing appetite for hybrid… Read more »

Why Have Employees Historically Quit Their Jobs? The Entire Reason Can Be Summed Up in 1 Sentence

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Description: It also answers the age-old question: Why do so many managers fail at their jobs? ​Source: INC.com Date: Nov 16, 2022 Link: https://www.inc.com/marcel-schwantes/why-have-employees-historically-quit-their-jobs-entire-reason-can-be-summed-up-in-1-sentence.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2016,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGIJIyXt0vCmwDXAJ3qmOsAbbdIGeXO1ebIZbUFXs4yo6hNqP2U-b4ZrTcj_gaqS7_vWZWOoM5qCD_8OvsSHzXmPFn-f_lQ2xYKM7by5w Questions for discussion: Do you think the reason provided by the research is valid? What might be behind the statement? Why would managers not follow this research insight and become better… Read more »

Lightspeed is ‘spending a fortune on hiring’ as tech sector cuts thousands

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Description: CEO aims to pick up talent that Amazon, Facebook, Shopify and Twitter have let go Source: FinancialPost.com Date: Nov 17, 2022 Link: https://financialpost.com/news/retail-marketing/lightspeed-commerce-hiring-amid-tech-layoffs Questions for discussion: What are the arguments supporting this managerial move? What are the risks? Do you think management is doing the right thing? Do you think this might give the… Read more »

Is This the End Game for Crypto?

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Description: Recent events have made clear the need to regulate crypto, an industry that grew from nothing to a $3 trillion market capitalization a year ago, although most of that has now evaporated. But it also seems likely that the industry couldn’t survive regulation. Source: NYT.com Date: Nov 17, 2022 Link: https://www.nytimes.com/2022/11/17/opinion/crypto-banks-regulation-ftx.html? Questions for discussion: What does… Read more »

Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting

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Description: Kohl’s said Tuesday that CEO Michelle Gass is leaving the company for a new opportunity as its sales continue to fall.  In a separate release, Levi Strauss & Co. said Gass will join the company in early January as president and step into the role of CEO within the next 18 months. She will succeed the company’s… Read more »

My Employee Gets Stressed Out and Snaps at Me

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Description: He’s smart and capable but this behavior is disruptive Source: INC.com Date: Nov 07, 2022 Link: https://www.inc.com/alison-green/my-employee-gets-stressed-out-snaps-at-me.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2007,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGH9jODEqPBEk5jpl39RWE1uGLJ-rvIGNfBltKaiJKPBEUWK4KfRijoxF3IsudMoqDvHRTYpIWTor7FFHEOBs6nIwUDIu44myeLDT4nFg Questions for discussion: Summarize your interpretation of the dysfunctional issues related to this employee. What was the basic message to the manager for how best to handle the problem? Do you agree with this analysis and advice?

Apple Built Its Empire With China. Now Its Foundation Is Showing Cracks.

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Description: Every September, Apple unveils its latest phones at its futuristic Silicon Valley campus. A few weeks later, tens of millions of its newest handsets, assembled by legions of seasonal workers hired by its suppliers, are shipped from Chinese factories to customers around the world. ​Source: NYTimes.com Date: Nov 07, 2022 Link: https://www.nytimes.com/2022/11/07/business/apple-china-ymtc.html Questions for… Read more »

The Parents Are Not All Right. And That’s a Problem for Your Talent Pipeline

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Description: Child care has never been more expensive or difficult to obtain. Bobbie co-founder Sarah Hardy explains how her company tries to shoulder some of that burden for employees. Source: INC.com Date: Nov, 2022 Link: https://www.inc.com/magazine/202211/diana-ransom/bobbie-affordable-child-care.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2002,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGH3D4kHFTaxc9Ca-KdxAMh5w3flsvz–GS0wQPSjcON12rfLza6cJN_F2HtTKmJtOcgcR3Aq7bKetYEaipwEuwuoOeleTBp_QwtWSNwA Questions for discussion: What are some of the issues facing organizations and parents that Sarah Hardy is addressing? What… Read more »

Yeezy Roller Coaster Ended With Two-Minute Phone Call at Adidas

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Description: Their lucrative Yeezy collaboration accounted for more than an estimated 40% of the shoe giant’s profits. But the partners had been bickering for years. Source: Bloomberg.com Date: Nov 01, 2022 Link: https://www.bloomberg.com/news/articles/2022-11-01/kanye-west-adidas-split-was-brewing-for-years?leadSource=uverify%20wall Questions for discussion: What are the lessons to be learned from this partnership between Ye and Adidas? Can Adidas ever afford to… Read more »

Twitter is now owned by Elon Musk — here’s a brief history from the app’s founding in 2006 to the present

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Description: A decade ago, Twitter’s future was looking bright. The company was benefiting from a flood of funding into the social-networking space, eventually leading to an IPO in 2013 that raised $1.8 billion. Source: CNBC.com Date: Oct 29, 2022 Link: https://www.cnbc.com/2022/10/29/a-brief-history-of-twitter-from-its-founding-in-2006-to-musk-takeover.html Questions for discussion: Why do you think Musk bought Twitter? Do you think there are revenue models that… Read more »