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France’s Lectra launches AI-powered platform Valia Fashion

Lectra has launched Valia Fashion, an AI-powered digital platform that streamlines apparel production, from order processing to fabric cutting. Designed for Industry 4.0, it improves collaboration, automates workflows, and optimises material use. Valia Fashion helps brands, manufacturers, and subcontractors enhance agility, control costs, and meet sustainability goals.




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US’ Ralph Lauren’s Q2 earnings exceed projections; raises FY25 outlook

Ralph Lauren Corporation reported Q2 FY25 earnings per diluted share of $2.31, up 5 per cent YoY on a reported basis, and $2.54 adjusted, a 21 per cent increase. Net revenue rose 6 per cent to $1.7 billion, while gross profit reached $1.2 billion with a margin of 67.0 per cent. Regional revenues grew, driven by strong results in Asia, Europe, and North America.




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UK’s Burberry welcomes back Paul Price in expanded leadership role

Paul Price, former Burberry chief merchandising officer, returns to lead merchandising, planning, licensing, architecture, and showroom teams, starting December 9, 2024. Reporting to CEO Joshua Schulman, he joins Burberry’s executive committee. Price, praised for his past contributions, expressed excitement to drive Burberry’s next phase of growth.




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Mixed trends in north Indian cotton yarn market, prices drop in Delhi

Cotton yarn prices in north India showed mixed trends due to sluggish demand. Prices in Delhi fell by ₹2 per kg, while Ludhiana remained stable amid slow trading. Panipat saw stable recycled yarn prices but a slight increase in recycled polyester fibre costs due to higher PET bottle prices. Cotton arrivals were slow as farmers prioritised paddy sales, limiting price surges.




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Interested in Learning How to Code?

Continue reading to learn about some beginner-friendly courses to kickstart your coding career.




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3 Potent Signs Your Skin is Dehydrated

Skin dehydration is one of the major reasons why your skin looks dull and lacks that fresh and glowing look. This is a common mistake to not understand what your skin actually needs. For any instant pick up, make sure you slather on a good hydrating serum. Moving on, there a few signs that show your skin is dehydrated. Some are pretty obvious and some are not so obvious or you might fail to notice in the rush of your work. So, let me list them for you.




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1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst




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Buffett’s Berkshire Is Being Packaged Into a Leveraged ETF




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Rivian Jumps On Expanded Volkswagen Joint Venture; VW EVs As Early As 2027




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Super Micro Needs a New Auditor by This Weekend. Its Options Are Limited.




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Are You On Track To Retire Rich? Here's The Nest Egg You Need To Be Considered a Wealthy Retiree




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Trump Reportedly Urges Russian President To Deescalate War With Ukraine: Here's How Crude Oil WTI Futures Are Reacting




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Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?




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Stocks Edge Lower as Inflation Concern Mounts: Markets Wrap




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Futures slip as markets await inflation data for clues on Fed's rate path




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Shopping Addictions Satisfied Here!!! International Drive Resort Area Offers Orlando Visitors Endless Shopping for Hot Bargains!

As one of the top five most popular shopping destinations in the U.S., Orlando is a shoppers paradise. And the I-Drive area is well-known for its designer outlets and great bargains.




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Weddings - Say I do and Celebrate the Wedding of Your Dreams in the International Drive Resort Area

Orlando is one of the worlds most popular wedding and honeymoon destinations. Situated in the center of all of the magic, it is no wonder that the International Drive Resort Area provides destination wedding locations that range from tropical to romantic to themed for an unforgettable day for the couple as well as the guests.




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Mobile Light Tower Market Expected to Surpass $3.1 Billion by 2031

Mobile Light Tower Market Expected to Surpass $3.1 Billion by 2031 hsauer Thu, 11/17/2022 - 09:23

Mobile Light Tower Market Expected to Surpass $3.1 Billion by 2031

The global mobile light tower market, valued at $1.9 billion in 2021, is expected to reach a $3.1 billion valuation by 2031. A September 2022 report published by Allied Market Research details the causes and trends leading to the expected 5.2% compound annual growth rate from 2022 to 2031.

An increase in infrastructure projects is the leading growth factor. Construction applications led the market growth, specifically the highway, railway and bridge construction segments. Mobile light towers are essential on construction sites that lack adequate lighting and for nighttime operations. In addition, using light towers on railway, highway, roadway, sewer, power and other infrastructure projects increases worker safety and productivity.

A mobile light tower uses an array of electric lamps affixed to the top of a mast. The tower is positioned on top of a trailer, allowing easy transportation from site to site. A generator at the back of the trailer illuminates the lights using diesel, solar, battery power or hybrid methods.

The global light tower market forecast was segmented based on power source, lighting type, technology, application and region. North America accounts for the largest mobile light tower market share, followed by Europe and Asia-Pacific.

Key findings of the study based on 2021 mobile light tower data include:

  • Diesel accounted for the largest share of power sources.
  • Metal halide was the leading lighting type used.
  • The leading technology used was manual.
  • Construction was the leading application for use of mobile light towers.

The surge in demand for mobile tower lights has prompted new product development. In 2021, for example, Generac Power Systems Inc., developed an all-in-one mobile lighting tower capable of operating with diesel, battery, hybrid, external power and solar energy as a single machine.

While the effects of the COVID-19 global pandemic temporarily impacted mobile light tower market growth, the effect has subsided. Vaccine and distancing initiatives, supplemented by increased government infrastructure funding, have allowed once-halted construction operations to move forward.

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Connected Smart Buildings Form Communities of Clean Power

Connected Smart Buildings Form Communities of Clean Power cbeaty Fri, 11/18/2022 - 15:18

Connected Smart Buildings Form Communities of Clean Power

The role of buildings in advancing clean and efficient energy technology has been well established.

Now buildings are getting smarter and are connecting to form their own communities that achieve even greater levels of energy innovation.

On Nov. 2, 2022, the U.S. Department of Energy (DOE) kicked off what it is referring to as a “new era for grid-efficient buildings.” The event marked the launch of the DOE’s Connected Communities cohort. This is a collaboration of nine projects, each of which were awarded funding by the DOE for their own innovation in connected energy-efficient buildings. The Lawrence Berkeley National Laboratory is acting as the national coordinator for this cohort.

The DOE’s Connected Communities is intended to drive innovation in building energy consumption by emphasizing how groups of buildings can work together to maximize the use of distributed energy resources (DERs) such as solar power, energy efficiency, electric vehicles, battery storage and other state-of-the-art technology.

The DOE defines a connected community as a group of grid-interactive efficient buildings with diverse, flexible end-use equipment and other DERs that work collectively to maximize building, community and grid efficiency while still meeting occupants’ needs and comforts.

Last year, the department issued a large funding opportunity announcement and selected projects that demonstrate how connected communities can serve as assets to the electrical grid. The cohort that was kicked off earlier this month represents a collaboration of the nine projects that were awarded funding. They will share information, challenges and best practices to achieve greater building energy efficiency through connectivity.

One example of an awarded project is The Ohio State University’s cybersecure orchestrated control of DERs across an array of diverse campus buildings.

Another cohort is the utility Portland General Electric that is working to achieve 1.4 megawatts (MW) of flexible loads by retrofitting nearly 600 commercial and residential buildings.

Similarly, in Spokane, Wash., Edo Energy is striving to achieve between 1 and 2.3 MW of flexible loads by retrofitting heat pumps, water heaters, control systems and other resources in an all-electric virtual power plant that will help defer capital investment for a 55-MW peak substation.

In Raleigh, N.C., IBACOS Inc. will connect hundreds of new and existing homes to solar power, battery storage and smart thermostats.

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Increased Use of Robots for Warehouse Automation and More

Increased Use of Robots for Warehouse Automation and More cbeaty Tue, 11/29/2022 - 09:06

Increased Use of Robots for Warehouse Automation and More

Research and development in the use of robotics in warehouse and industrial settings is gaining momentum, fueling impressive growth in the market sector.

“Warehouse Robotics Market,” a June 2022 report from Future Market Insights (FMI), reveals that the global warehouse robotics market is projected to reach a value of more than $9.5 billion by 2032. In 2022, the market was on pace to exceed $5 billion, rising at a notable 13% compound annual growth rate throughout the forecast period. Robotics leverage digital technologies and computerization with artificial intelligence (A.I.) and machine learning to automate a host of operations.

“The market is likely to be driven by the growing trend of industrialization and the implementation of Industry 4.0,” according to the report.

Robotics services

Warehouse robotics are used in a variety of automated systems to bring greater efficiencies to processes in fulfillment, inventory and distribution. Different types of robotics, according to 6 River Systems, include automated guided vehicles for material and supply transport; automated storage and retrieval systems for inventory management; cobots, or collaborative robotics used to assist human personnel in performing tasks in the warehouse; articulated robotic arms that move products within warehouses; and goods-to-person systems that transport items to stationary pick stations.

Warehouse robots are applicable to many markets, including food and beverage, automotive, pharmaceuticals, electronics, construction, defense and oil and gas. Companies are investing huge dollars in research and development activities in the warehouse robotics market, especially in developed countries, for product innovation, more advanced automation and pursuit of quality production and manufacturing.

According to FMI, Amazon installed almost 15,000 robots in its U.S. warehouses to cut operations costs by one-fifth and meet increasing consumer demand. It used technology developed by Kiva Systems, a robotics company it would later purchase and rename Amazon Robotics. In October 2021, Amazon announced the opening of a new first-of-its-kind robotics manufacturing facility in Westborough, Mass. Amazon also unveiled plans to purchase iRobot in August 2022.

Market drivers and restraints

Important market drivers for the warehouse robotics market, according to FMI, include increasing demand of automation for time savings and cost reductions, increasing number of stock-keeping units, increasing demand and awareness toward quality and safety production, advancement in technology and increased use in various applications and industries such as food and beverage and electronics.

Some of the barriers cited in the report as potentially hampering the growth of the warehouse robotics market are the initial high adoption cost related to training and deployment, lack of awareness and difficulty in interacting with robots for some end-users.

The digital transformation and Industry 4.0 continue to revolutionize the way companies manufacture, improve and distribute products. Manufacturers are integrating new technologies, including internet of things, cloud computing, analytics, A.I. and machine learning into their production facilities and throughout their operations. That value proposition now includes robotics, for specific tasks and lessening the overall cost burden on the end-user.

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How-To – RISMedia




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Why Companies and Skilled Workers Are Turning to On-Demand Work

Joseph Fuller, professor at Harvard Business School, and Allison Bailey, senior partner at Boston Consulting Group, say that the Covid-19 pandemic is only accelerating a recent trend of companies turning to digital talent platforms for highly skilled workers. The need for agility and specialized skills has more firms seeking help with projects. Meanwhile, more workers are joining these online marketplaces for the promise of greater flexibility and agency. Fuller and Bailey explain how organizations can strategically employ this on-demand workforce to unlock value. With HBS researcher Manjari Raman and BCG partner Nithya Vaduganathan, they wrote the HBR article "Rethinking the On-Demand Workforce."




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Stop Micromanaging and Give People the Help They Really Need

Colin Fisher, associate professor at University College London's School of Management, conducted in-depth studies at several companies to determine how managers can effectively help employees who need assistance without demoralizing them. He found that the most effective helpers were the ones who clearly communicated their intentions, timed their interventions at points when people were most receptive, and figured out a rhythm of involvement that best suited their needs. He shares examples from different firms to illustrate what works and what doesn't, in person and online. Fisher is the coauthor of the HBR article "How to Help (Without Micromanaging)."




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What Business Leaders Need to Know About China Now

Elsbeth Johnson, senior lecturer at MIT’s Sloan School of Management, and Rana Mitter, professor of history at Oxford, argue that there's a lot about the Chinese political system and economy that business leaders from elsewhere in the world still misunderstand. They argue that democracy and a free market system aren't always as tightly linked as we think, and that many people in China also live, work, and invest differently than Westerners do. Better understanding these dynamics will be the key to business success in the world's most populous country. Johnson and Mitter are the authors of the HBR article "What the West Gets Wrong About China."




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Former Washington Post Top Editor on Leading Through Change

Martin Baron, former executive editor of the Washington Post, managed the newsroom during a decade of incredible change and shifting views about the media and truth. Baron led his team through a tumultuous time, as they covered everything from the Trump presidency, to the covid pandemic, to the Black Lives Matter movement. Along the way, he learned some important lessons about managing a public-facing company while remaining true to its purpose and mission. He speaks with HBR editor-in-chief Adi Ignatius.




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Moving the Needle on DEI

Shelly McNamara, head of equality and inclusion at Procter & Gamble, knows just how valuable it is to work at an inclusive company. Back in 2012, as a VP at P&G, she came out publicly as LGBTQ, and she's since worked tirelessly to ensure that the organization is not only diverse but also a place where all employees feel like they can be their authentic selves. After more than a year of pandemic and political and racial tensions in the U.S. and other parts of the world, these issues have become even more critical for businesses to address, and McNamara points to specific DEI strategies that have proven effective in a variety of corporate environments. McNamara is the author of the book "No Blanks, No Pauses: A Path to Loving Self and Others."




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What We Still Need to Learn about AI in Marketing — and Beyond

Eva Ascarza, professor at Harvard Business School, studies customer analytics and finds that many companies investing in artificial intelligence fail to improve their marketing decisions. Why is AI falling flat when it comes to this key lever for profit? She says the main reasons are that organizations neglect to ask the right questions, weigh the value of being right with the cost of being wrong, and leverage the improving abilities of AI to change how companies make decisions overall. With London Business School’s Bruce G.S. Hardie and Michael Ross, Ascarza wrote the HBR article "Why You Aren’t Getting More from Your Marketing AI."




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How the Pandemic Changed Talent Management (Back to Work, Better)

Johnny C. Taylor Jr., CEO and President of the Society for Human Resource Management, says that this is a reset moment for organizations that want to finally get human resources right. The crisis has taught leaders just how important it is to find and mobilize talent and evaluate and adjust to employee needs. He shares research on several trends set to accelerate, including hybrid and contract work and diversity, equity, and inclusion efforts, and offers guidance to leaders around the world trying to identify what the "new normal" should look like in their organizations.Taylor is the author of the book "Reset: A Leader's Guide to Work in an Age of Upheaval."




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Why Companies Need Returnship Programs (Back to Work, Better)

Carol Fishman Cohen, human resource consultant and CEO of iRelaunch, says that extended career breaks have always been common. Now the pandemic has made them even more widespread. So, companies are increasingly considering formal back-to-work programs and “returnships.” That’s where employers set up special training and support mechanisms to ease people back into work. Cohen speaks about the best practices for organizations and returning workers alike. She's the author of the HBR article "Return-to-Work Programs Come of Age."




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First He Saved Unilever. Now He Wants to Save Capitalism.

Paul Polman, former CEO of Unilever, led a dazzling career in consumer goods, from Procter & Gamble to Nestlé to the British multinational. His experience fending off a hostile takeover bid taught him that the doctrine of shareholder capitalism is wrong. He believes there’s a better way of doing business, one that embraces all stakeholders — not just stockholders — and improves the environment. He cofounded the consultancy IMAGINE to further sustainable goals, and he shares his advice for the next generation of leaders. With Andrew Winston, Polman wrote the new book “Net Positive: How Courageous Companies Thrive by Giving More than They Take”.




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Tech’s Exponential Growth – and How to Solve the Problems It’s Created

Technological development is happening faster than ever and changing our lives in fundamental ways. The companies behind all these new gadgets and services are no doubt the greatest corporate success stories of our age. But entrepreneur and investor Azeem Azhar worries that our public institutions haven't kept pace with the industry, which has created an exponential gap between digital haves and have nots. He offers recommendations on how bridge the divide and achieve growth with broader societal benefits. You can hear more from Azeem Azhar on his HBR Presents podcast, Exponential View.




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To Get Ahead, You Need Both Ambition and Humility

We know that great leadership takes not just intelligence and drive but also the ability to get along well with and learn from others. The key, says Amer Kaissi, is to be both ambitious and humble throughout your career. He's studied how people succeed across diverse industries and offers advice of how to find a better balance between our desire to achieve and the qualities that earn more respect from colleagues. Kaissi is a professor of healthcare administration at Trinity University and the author of Humbitious: The Power of Low Ego, High Drive Leadership.




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Need a Reset? Try This One Quick Meditation Session (Bonus)

You've probably heard about the benefits of mindfulness and how meditation can help you achieve it. But you still can't find the inclination to start or the time to practice regularly. In this short bonus episode, Rasmus Hougaard, the CEO of Potential Project and a meditation expert who has studied with the Dalai Lama, takes us through a short exercise and explains why mindfulness is a game-changer for our careers and well-being. Skeptics welcome!




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Why Some Companies Thrived During the Pandemic

Keith Ferrazzi, founder of the consulting firm Ferrazzi Greenlight, led a survey of more than 2,000 executives to study how they reengineered operations during the pandemic. The research identified a kind of extreme adaptability at the team and organizational levels that helped some companies come out on top. Ferrazzi argues that after months of ruthlessly adapting, leaders should continue on a path of resilience and agility to stay competitive in the post-Covid-19 world. And he offers concrete steps to take. Ferrazzi is a coauthor of the new book "Competing in the New World of Work: How Radical Adaptability Separates the Best from the Rest."




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DEI Isn’t Enough; Companies Need Anti-Racist Leadership

Over the past few years in the United States, we’ve seen some horrific examples of racism seize the public consciousness. Amid all these tragedies – and the protests that followed – U.S. business leaders promised they would do their part to fight the problem, making workplaces more diverse, equitable and inclusive. But now it's time to go a step further, say James White and Krista White, father-and-daughter authors of the new book, “Anti-Racist Leadership: How to Transform Corporate Culture in a Race-Conscious World”. They share their own experiences as Black Americans in the workplace and lessons from James' time as CEO of Jamba Juice. And they offer advice on how corporate leaders can promote lasting change in their own organizations and society at large.




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Let’s Redefine the Role of Manager

Most managers today are overwhelmed. Thanks to rapid technological change, flattening hierarchies, agile work, and new attitudes about talent, they have to do more than ever. Lynda Gratton, professor at London Business School and the founder of HSM, points to a few ways we can solve the problem: by training bosses to be people leaders, outsourcing some of their mundane management tasks, and even splitting the role so some oversee work and others focus on talent development. Gratton is the author of the book Redesigning Work and coauthor along with Diane Gherson of the HBR article “Managers Can’t Do It All.”




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Comedian Sarah Cooper On Bringing Humor to Any Career

It's a cliche, but they say it's best to write what you know. That was the case for comedian Sarah Cooper, who rose to viral social media fame in the Trump era through her lip sync TikTok videos. She formerly worked at Yahoo and Google, and she found her way into comedy, in part, by looking at and pointing out the absurdities of corporate culture. She speaks about how humor helped her manage a team, why she took the big risk to quit her job, and how she's navigating the new work world of Hollywood. Cooper is the author of the forthcoming audio book "Let's Catch Up Soon: How I Won Friends and Influenced People Against My Will."




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Red Flags You Won’t See on a CEO’s Resume

For a long time, we have believed that strong corporate governance is enough to prevent CEO malfeasance. However, new research shows that the lifestyle behaviors of executives can spell trouble for companies, regardless of the guardrails in place. Aiyesha Dey, an associate professor at Harvard Business School, has investigated executives’ past criminal records and the cost of their homes and automobiles. Her research has linked an individual’s materialism and propensity for rule breaking to fraud, insider trading, and risky business activities. She says that boards and other hiring bodies should pay more attention to personal behavior when picking organizational leaders. Dey wrote the HBR article "When Hiring CEOs, Focus on Character."




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Introducing 4 Business Ideas That Changed the World

Influential business and management ideas have tremendous influence over us. Like it or not, they shape how organizations are run and how people around the world spend their days. And Harvard Business Review has introduced and spread many of these consequential ideas since its founding in 1922. HBR IdeaCast is taking this 100th anniversary to ask: how have these ideas changed our lives? And where are they taking us in the future? Each Thursday in October, the podcast feed will feature a bonus series: 4 Business Ideas That Changed the World. Each week, a different HBR editor talks to world-class scholars and experts on influential business and management ideas of HBR’s first 100 years: disruptive innovation, scientific management, shareholder value, and emotional intelligence. Listen to the conversations to better understand our work life, how far it’s come, and how far it still has to go.




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4 Business Ideas That Changed the World: Scientific Management

In 1878, a machinist at a Pennsylvania steelworks noticed that his crew was producing much less than he thought they could. With stopwatches and time-motion studies, Frederick Winslow Taylor ran experiments to find the optimal way to make the most steel with lower labor costs. It was the birth of a management theory, called scientific management or Taylorism. Critics said Taylor’s drive for industrial efficiency depleted workers physically and emotionally. Resentful laborers walked off the job. The U.S. Congress held hearings on it. Still, scientific management was the dominant management theory 100 years ago in October of 1922, when Harvard Business Review was founded. It spread around the world, fueled the rise of big business, and helped decide World War II. And today it is baked into workplaces, from call centers to restaurant kitchens, gig worker algorithms, and offices. Although few modern workers would recognize Taylorism, and few employers would admit to it. 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR’s first 100 years, such as disruptive innovation, shareholder value, and emotional intelligence. Discussing scientific management with HBR senior editor Curt Nickisch are: Nancy Koehn, historian at Harvard Business School Michela Giorcelli, economic historian at UCLA Louis Hyman, work and labor historian at Cornell University Further reading: Book: The One Best Way: Frederick Winslow Taylor and the Enigma of Efficiency, by Robert Kanigel Case Study: Mass Production and the Beginnings of Scientific Management, by Thomas K. McCraw Oxford Review: The origin and development of firm management, by Michela Giorcelli




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What Kara Swisher Has Learned From Decades Covering Tech

No industry has had more impact than technology over the past few decades. Tech companies have changed the way we live, work, and interact with each other. They’ve helped us in a lot of ways, but they’ve also created some big problems. Kara Swisher is a journalist, entrepreneur, and host of the podcast On with Kara Swisher. She’s had a front row seat to the tech industry’s evolution and interviewed all of its biggest players. She speaks with us about key trends — past, present, and future — and the lessons she’s learned as not just an observer but also a media entrepreneur herself along the way.




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4 Business Ideas That Changed the World: Disruptive Innovation

In the 1980s, Clayton Christensen cofounded a startup that took over a market niche from DuPont and Alcoa. That experience left Christensen puzzled. How could a small company with few resources beat rich incumbents? It led to his theory of disruptive innovation, introduced in the pages of Harvard Business Review in 1995 and popularized two years later in The Innovators Dilemma. The idea has inspired a generation of entrepreneurs. It has reshaped R&D strategies at countless established firms. And it has changed how investors place billions of dollars and how governments spend billions more, aiming to kickstart new industries and spark economic growth. But disruption has taken on a popular meaning well beyond what Christensen’s research describes. Some critics argue that the theory lacks evidence. Others say it glosses over the social costs of lost jobs of bankrupted companies. And debate continues over the best way to apply the idea in practice. 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR’s first 100 years, such as shareholder value, scientific management, and emotional intelligence. Discussing disruptive innovation with HBR editor Amy Bernstein are: Rita McGrath, professor at Columbia Business School Felix Oberholzer-Gee, professor at Harvard Business School Derek van Bever, senior lecturer at Harvard Business School Further reading: HBR: What Is Disruptive Innovation?, by Clayton M. Christensen, Michael E. Raynor, and Rory McDonald New Yorker: The Disruption Machine: What the Gospel of Innovation Gets Wrong, by Jill Lepore Business History Review: How History Shaped the Innovator’s Dilemma, by Tom Nicholas HBR: Disruptive Technologies: Catching the Wave, by Joseph L. Bower and Clayton M. Christensen




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4 Business Ideas That Changed the World: Shareholder Value

The idea that maximizing shareholder value takes legal and practical precedence above all else first came to prominence in the 1970s. The person who arguably did the most to advance the idea was the business school professor Michael Jensen, who wrote in Harvard Business Review and elsewhere that CEOs pursue their own interests at the expense of shareholders' interests. Among other things, he argued for stock-based incentives that would neatly align CEO and shareholder interests. Shareholder primacy rapidly became business orthodoxy. It dramatically changed how and how much executives are compensated. And it arguably distorted capitalism for a generation or more. Critics have long charged that maximizing shareholder value ultimately just encourages CEOs and shareholders to feather their own nests at the expense of everything else: jobs, wages and benefits, communities, and the environment. The past few years have seen a backlash against shareholder capitalism and the rise of so-called stakeholder capitalism. After reigning supreme for half a century, is shareholder value maximization on its way out? 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR’s first 100 years, such as disruptive innovation, scientific management, and emotional intelligence. Discussing shareholder value with HBR editor in chief Adi Ignatius are: Lynn Paine, professor at Harvard Business School Mihir Desai, professor at Harvard Business School Carola Frydman, professor at Kellogg School of Management Further reading: HBR: CEO Incentives—It’s Not How Much You Pay, But How, by Michael C. Jensen and Kevin J. Murphy New York Times: A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits, by Milton Friedman HBR: The Error at the Heart of Corporate Leadership, by Joseph L. Bower and Lynn S. Paine U.S. Business Roundtable: Statement on the Purpose of a Corporation, 2019




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What Leaders Need to Know About a Looming Recession – and Other Global Threats

Nouriel Roubini, professor emeritus at NYU’s Stern School of Business, says that a confluence of trends – from skyrocketing public and private debt and bad monetary policies to demographic shifts and the rise of AI – are pushing the world toward catastrophe. He warns of those interconnected threats, but also has suggestions for how political and business leaders can prepare for and navigate through these challenges. He draws on decades of economic research as well as his experience accurately predicting, advising on, and observing responses to the 2008 global financial crisis, and he's the author of "Megathreats: Ten Dangerous Trends that Imperil our Future, and How to Survive Them.”




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4 Business Ideas That Changed the World: Emotional Intelligence

In the early 1990s, publishers told science journalist Daniel Goleman not to use the word “emotion” in a business book. The popular conception was that emotions had little role in the workplace. When HBR was founded in October 1922, the practice of management focused on workers’ physical productivity, not their feelings. And while over the decades psychologists studied “social intelligence” and “emotional strength,” businesses cultivated the so-called hard skills that drove the bottom line. Until 1990, when psychologists Peter Salovey and John Mayer published their landmark journal article. It proposed “emotional intelligence” as the ability to identify and manage one's own emotions as well as those of others. Daniel Goleman popularized the idea in his 1995 book, and companies came to hire for “EI” and teach it. It’s now widely seen as a key ingredient in engaged teams, empathetic leadership, and inclusive organizations. However, critics question whether emotional intelligence operates can be meaningfully measured and contend that it acts as a catchall term for personality traits and values. 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR’s first 100 years, such as disruptive innovation, shareholder value, and scientific management. Discussing emotional intelligence with HBR executive editor Alison Beard are: Daniel Goleman, psychologist and author of Emotional Intelligence Susan David, psychologist at Harvard Medical School and author of Emotional Agility Andy Parks, management professor at Central Washington University Further reading: HBR: Leading by Feel, with Daniel Goleman New Yorker: The Repressive Politics of Emotional Intelligence, by Merve Emre HBR: Emotional Agility, by Susan David and Christina Congleton Book: Emotional Intelligence, by Daniel Goleman




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LinkedIn’s CEO on Hiring Strategies and the Skills That Matter Most (from The New World of Work)

In The New World of Work video series, host and HBR Editor in Chief Adi Ignatius explores how top-tier executives see the future and how their companies are trying to set themselves up for success. Each week, he interviews a top leader live on LinkedIn, and in this special IdeaCast episode, he speaks with LinkedIn CEO Ryan Roslansky on how his company adapted during the pandemic (and after) and how he approaches growth, talent management, and more. You can browse previous episodes of The New World of Work on the HBR YouTube channel and follow HBR on LinkedIn to stay up-to-date on future live interviews. Ignatius also shares an inside look at these conversations —and solicits questions for future discussions — in a newsletter just for HBR subscribers. If you’re a subscriber, you can sign up here.




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Why You (and Your Company) Need to Experiment with ChatGPT Now

The online application ChatGPT and its integration into Microsoft search engines have put generative artificial intelligence technology in the hands of millions of people. Early adopters are using them in their daily jobs, and preliminary academic studies show big boosts in productivity. Managers can’t sit on the sidelines, says Ethan Mollick, an associate professor of management at The Wharton School of the University of Pennsylvania. He argues that companies urgently need to experiment with ChatGPT and eventually develop policies for it. He explains the breakthrough, some promising uses, open questions, and what the technology could mean for workers, companies, and the broader economy. Mollick wrote the HBR article "ChatGPT Is a Tipping Point for AI."




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Brain Tech Is Getting Really Good. Here’s What Managers Need to Know

What seemed like science fiction for decades is now a reality: companies are selling wearable tech and monitoring devices that can sense people’s brain activity. Neurotechnology opens incredible opportunities for new products and safer workplaces. It also raises huge red flags for privacy and ethics. And managers and organizational leaders are on the front lines of these dilemmas, says Duke University School of Law professor Nita Farahany. She explains the commercial products based on neurotechnology, the impact on workers and organizations, and the need for regulations and corporate policies. Farahany wrote the book The Battle for Your Brain: Defending the Right to Think Freely in the Age of Neurotechnology.




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Why Entrepreneurs Don’t Need Venture Capital to Scale

With all the hype in the startup world around unicorns and hypergrowth, entrepreneurs feel enormous pressure to raise massive amounts of cash from venture capitalists. But now, as interest rates have risen, a lot of that funding has dried up. And a growing number of founders are seeking ways to scale without burning through cash to acquire users. Mike Salguero is the CEO and founder of the meat subscription service ButcherBox. After a negative experience with venture capital at his prior company, Salguero pledged to grow his new startup without it. That meant a "Box One Profitable" strategy built on the creative leverage of influencers, laser focus on costs, and making tough decisions during the pandemic. Salguero shares how he grew a $600 million company in seven years without outside money.




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How One Ukrainian Company Cultivated Resiliency Amid War

Companies plan for crises and aim to be resilient and adaptive in the face of all kinds of risks, but it’s always easier said than done. And perhaps none of these threats is as serious as war. That’s what Roman Rodomansky had to prepare his company for. He’s the cofounder and COO at Ralabs, a Ukrainian software development company. As Russia prepared to invade his home country, Rodomansky and his leadership team crafted a plan to survive and keep serving clients. He shares how his firm put people first, communicated with customers, and managed to become resilient. Rodomansky wrote the HBR article “A Cofounder of Ralabs on Leading a Ukrainian Start-Up Through a Year of War.”