BYJU’S WAS piling on users even before covid-19 closed classrooms around the world. India’s most valuable private startup was co-founded in 2011 by Byju Raveendran, a celebrity maths tutor whose classes have drawn crowds big enough to fill stadiums. By 2019 tens of millions of Indian children had signed up to use the firm’s flagship…
H&M and Inditex had a good year but face familiar challengesAMERICAN CONSUMERS are feeling flush. On February 15th the Commerce Department reported that the country’s shoppers spent 3.8% more in January than they had in December, unfazed by spiking inflation and covid-related uncertainty. That was the fastest monthly rise in nearly a year. Some of…
Do you want to grow your business this year? Then it is time to start thinking about how you will market it…
Most managers try to create an environment in which their employees feel comfortable sharing their ideas and opinions. Unfortunately, new research suggests that actively soliciting input can have unintended negative consequences: The more managers solicit input from their employees, the less likely they are to reward employees for speaking up. This can be very demoralizing…
One of the big questions many leaders are facing now is: how can we meaningfully communicate, collaborate, and connect in a hybrid (or remote) environment? As companies compete for talent and adapt to new ways of working, the technology they use has become the dominant feature of the employee experience — a place where many…
With the looming threat of increased conflict in Ukraine, businesses around the world should be preparing now. Corporate security and intelligence teams have said they’re seeing an increase in cyber probes, and the U.S. Cybersecurity and Infrastructure Security Agency and the European Central Bank have both issued warnings about potential Russian cyberattacks. At this point,…
CEOs and boards of directors are under increasing pressure to address environmental, social, and governance (ESG) issues. To support them, companies like C.H. Robinson, Royal Caribbean, and Verizon have recently appointed chief ESG officers. To discover whether your company would benefit from having one, the authors suggest considering three questions: Do your stakeholders care about…
An analysis of six years of data from more than 80 hospitals and more than 192,000 employees in Victoria, Australia, adds to the evidence that employee engagement in their jobs matters. It found that happier workers improved hospital performance in terms of hospital costs, treatment effectiveness, and hospital-acquired infections and conditions. In particular, the research identifies…
The number of people with autism entering the workforce in the next 10 years and beyond is on the rise, with the growth cutting across racial, ethnic, and geographic lines. Currently, the unemployment rate among people with autism remains high, with some estimates coming in at over 80%. The heightened profile of disability, equity, and inclusion functions in…
February 15, 2022 Purpose has become a corporate buzzword over the past decade. Leaders are embracing the idea that companies can’t just do well financially; they also have to do good for society. But how many organizations are really walking the talk? Ranjay Gulati, professor at Harvard Business School, has studied how dozens of purpose-driven…