“‘I do think that there’s this whole vibe with Apple fanboys, which I find kind of a little funny, where it’s like a lot of people just get upset if you dare to question if Apple is going to lead in a new space.’” That was Meta META, -2.21% CEO Mark Zuckerberg talking about his … Read more
The CBIZ Small Business Employment Index (SBEI), which tracks hiring trends among thousands of companies with 300 or fewer employees across the U.S., indicated a seasonally adjusted decrease of 0.12% in January. This is a month where businesses shed holiday-related staff, so January’s report is within expectations. In January, 14% of companies in the index … Read more
Gary Cohn, famed philanthropist, and business leader, says, “If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business.” Avoiding risk entirely is almost impossible, but choosing not to prioritize and plan for potential risk areas will allow those risk areas to grow and accidents to happen. Your … Read more
Medical Properties Trust, the country’s largest hospital landlord, said it would record about $350 million of write-downs related to its largest tenant, which had fallen behind on its rent, and hired a well-known restructuring adviser. MPT, which had long supported Dallas-based Steward Health Care System, said more write-downs are possible. The news, released Thursday after … Read more
Citigroup is shutting down its municipal business, a move that will affect around 100 employees, as the bank continues to overhaul its business under an reorg by chief executive, Jane Fraser. The bank has decided that the unit is “no longer viable given our commitment to increase the firm’s overall returns”, according to a memo … Read more
Forum 2023 was held Wikipedia; .Stadler/Bwag On December 1, 2023, at the close of the 15th Annual Global Drucker Forum 2023 in the Hofberg Palace in Vienna, Austria, the Founder and President of the Forum, Richard Straub, made an unusual announcement. Instead of the traditional Drucker Forum announcement of the following year’s topic, he announced … Read more
When Thai media mogul Jakkaphong Jakrajutatip fulfilled her lifelong dream of buying Miss Universe, it signaled a new chapter for the beleaguered pageant. Miss Universe, which bows tonight in El Salvador, had been limping along with dwindling relevance in recent years. Until 2022, when colorful businesswoman and trans reality star Jakrajutatip, 44, bought it with … Read more
Image from the Charlie Chaplin movie, Modern Times Wikipedia Everyone knows that management must get better. Steadily declining productivity, low levels of staff engagement, workplace disillusion among GenZ, growing inequality, repeated financial crashes, and an inability to get to grips with global challenges like climate change are just some of the issues. A contest in … Read more
There is no “i” in team. But there is one in “autopilot”. Despite the growing importance of teamwork in organisations, the processes used to manage employees have carried on much as before. Bosses may wax lyrical about collaboration, but the way they reward, review and recruit has not caught up. There is no “i” in … Read more
