September 16, 2021 - How Much Was Spent on the Recall Election? Nearly Half a Billion Dollars

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From the Editor's Desk Why Do We Undervalue Competent Management? Neither great leadership nor brilliant strategy matters without operational excellence. Business schools teach MBA students that you can't compete on the basis of management processes because they're easily copied. Operational effectiveness is table stakes in the competitive universe, according to the strategists. But data from a decade-long research project involving 12,000 firms challenges that thinking. The study examined how well companies performed 18 core management practices. It found vast differences in how they execute basic tasks like setting targets, running operations, and grooming talent, and that those differences matter: Firms with strong managerial processes do significantly better on high-level metrics such as profitability, growth, and productivity. What's more, the differences in process quality persist over time, suggesting that competent management is not easy to imitate. In this article the authors review the findings of the research and explore what prevents executives from investing in management capabilities, arguing that such investments are a powerful way to become more competitive. Continued here TradeBriefs: Newsletters for Decision-Makers! Management Learning, Tech, Finance, Health, Science, World News - Everything you need to get ahead at Work and in Life! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Life How Much Was Spent on the Recall Election? Nearly Half a Billion Dollars In adding up the recalls price tag, including state costs and campaign spending, a Sonoma State University professor said the total was at least $450 million. Life Who are the Inspiration4 Crew Members? In addition to Jared Isaacman, the mission's commander, there are three other astronauts aboard the Crew Dragon capsule. � � Life Tiger Global-led $100M investment makes Apna Indias fastest unicorn A 22-month-old startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs has become the youngest firm to join the coveted unicorn status in the worlds second-largest internet market. Apna announced on Thursday that it has raised $100 million in a rou Life Current state of Afghanistan less bad than I would have predicted, says foreign policy expert Brookings Institute senior fellow Michael OHanlon discussed the current state of Afghanistan under Taliban rule. You Might Like � � � Life International Criminal Court Backs Probe Of Duterte's War On Drugs In The Philippines Officially, at least 6,000 Filipinos, mostly poor drug peddlers and addicts, have been killed in the anti-drug police operations. But rights groups say the number of victims could be four times that. Life US hospitals buckling under delta surge: 25% of ICUs are over 95% full The burden on hospital ICUs has more than doubled since June. � Life The Greatest Killer in New Orleans Wasnt the Hurricane. It Was the Heat. A huge power failure after Hurricane Ida left vulnerable residents in sweltering apartments for days. At least 10 deaths in the city have been tied to the heat. Life Efforts To Recall Governors Are Common, But They Rarely Succeed Only four governors in U.S. history have faced a recall election and California's Gov. Gavin Newsom is one of two who managed to survive the vote. You Might Like � � � Life US Covid Booster Shot Policy Is in Flux as Studies Add to Dissent A week before President Bidens plan is to roll out, scientists are at odds about whether extra coronavirus shots are needed and for whom. Life Newsom Beat the Recall, Now Comes the Hard Part: Governing California Gov. Gavin Newsom is facing multiple crises. Ninety percent of California is in extreme drought. The median home price has eclipsed $800,000. Some 100,000 people are sleeping outside or in their cars. � Life Scientists are getting closer to understanding long Covid The symptoms of long Covid might be caused by an antibody that causes an autoimmune reaction. Life Casinos could be the next target in Chinas crackdown on social vice Gambling has allowed the former Portuguese colony to flourish, but Beijing's campaign against social vice looms. � Life The best way to avoid new Covid variants is to delay booster shots Prioritizing global vaccine distribution over booster shots can help prevent the emergence of dangerous new variants. Life Why A.O.C.s Met Gala Dress Made People Mad While some championed the provocation, the congresswomans Tax the Rich gown drew sharp statements from across the political spectrum. � Life Ray Dalio says if bitcoin is really successful, regulators will 'kill it' Ray Dalio said regulators would ultimately take control of bitcoin if the cryptocurrency gains mainstream success. Life World Leaders May Have To Be Vaccinated To Speak At the U.N. Next Week New York officials told the General Assembly last week that the meeting hall is a "convention center" and therefore subject to the city's vaccination requirement. � Life Pope Francis Confused Why People Refuse To Take COVID-19 Vaccines Its a bit strange, because humanity has a history of friendship with vaccines, the Pontiff said. Work Google Cloud CEO Thomas Kurian reorganizes engineering unit to gain market share more quickly Google Cloud CEO Thomas Kurian is shaking up the engineering group, replacing VP Eyal Manor with Brad Calder, according to an internal memo viewed by CNBC. � Work Hong Kong start-up Prenetics to list in the U.S. through $1.7 billion SPAC deal Hong Kong biotech company Prenetics is going public through a merger with Artisan Acquisition a SPAC backed by Adrian Cheng, CEO of New World Development. Work Cisco sees half of its sales soon coming from software and subscriptions Cisco Systems said half of its sales will soon come from software and recurring revenue as it continues shifting into new areas beyond its long-time core networking products. Work Covid lockdown in Vietnam could keep coffee prices 'relatively high' through 2022 Vietnam, the world's second-largest coffee exporter, is battling its worst Covid-19 outbreak since the start of the pandemic. 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Work HBO is no longer available through Amazon Prime Channels The move is part of WarnerMedia's plan to shift subscribers over to HBO Max.. Work Quibi will transfer its video tech to another company to settle lawsuit The Turnstyle feature let users stream short-form videos in either portrait or landscape mode.. Work Microsoft accounts can go passwordless, making password123 a thing of the past Passwordless accounts rely on MS Authenticator or a security key for login. Work Intuit CEO's $20 billion buying spree has put tax software company firmly on tech M A map In less than three years at the helm of Intuit, Sasan Goodarzi has made by far Intuit's two biggest acquisitions through a combination of cash and stock. Work Lawmakers demand answers from Zuckerberg after investigation finds Instagram is toxic for teen girls The questions follow a Wall Street Journal report about internal research at Facebook on the impact of Instagram on teens. Work You'll hear a lot about how boring the iPhone 13 is, but Apple is still poised to continue its sales super cycle There are an estimated 250 million iPhone owners ready to upgrade. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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