5 Strategies for BIPOC to Negotiate Equitable Pay ![]() Despite all the research, advice, and efforts doled out to lessen and close the pay gap, the earning differential for people of color persists. Marginalized groups face biases during wage negotiations and receive lowball offers that put them at disadvantage and create a huge racial wealth gap. AAPI women, for example, working full-time, are still typically paid just $0.85 for every dollar paid to white men and they lose about $400,000 over the span of a 40-year career. If you’re a BIPOC currently facing this situation, there are strategies you can use to up your chances of getting the salary you deserve. Continued here |
Lessons on Customer Engagement from Fan Controlled Football ![]() Through blockchain technology that enables direct participation, the Fan Controlled Football league joins the physical sports and digital worlds to create a new, exciting fan experience. In doing so, the decentralized nature of the blockchain ensures that the FCF platform enables tamper-proof tracking of fan tokens used to participate in decision-making and other league-related activities. NFT holders, for example, can transact with each other and design and sell items in the team store. They have a blockchain-powered say in decisions about FCF such as league rules, game mechanics and expansion plans, and get early access to team share sales to purchase real ownership shares. This article explores how other companies can better engage consumers through Web3 technology. Continued here |
3 New U.S. Employment Regulations That Companies Should Prepare for Now ![]() In 2023, company leaders will have to address new regulations and laws in three areas — noncompete clauses, pay transparency, and human capital disclosures — that have far-reaching implications that company leaders may not have fully grasped. How these changes will play out is far from clear, but the time to start thinking about them is now. The author presents several ways to view the coming changes as an opportunity to think deeply about their talent strategy and turn these regulatory developments to their advantage. Continued here |
What You Don't Know About Chicago ![]() Chicago is ditching its reputation for crime, and becoming boss of the business world. Continued here |
Learn How to Speak GPT ![]() Why "speaking GPT" will matter, whether you employ AI technology or not. Continued here |
How Today's Young Professionals Should Grow: An Interview with Ayala Chairman and CEO ![]() Jaime Augusto Zobel de Ayala currently serves as chairman and chief executive officer (CEO) of Ayala Corporation, the oldest major conglomerate in the Philippines. In addition to his position in the Ayala Corporation, Zobel is also the chairman of Globe Telecom and Bank of the Philippine Islands. He has won many accolades, such as the Presidential Medal of Merit in 2009, Best CEO in 2010 by Finance Asia, and the CNBC Asia Business Leader Award in 2010, to name a few. In 2017, Zobel was the first Filipino and Southeast Asian business leader to be named by the United Nations Global Compact as one of the 10 Sustainable Development Goals (SDG) Pioneers. Zobel succeeded his father as the chairman and CEO of Ayala corporation in 2006. In this interview with HBR Ascend, Zobel spoke about his education, how that impacted his career, and working in a family business and gave some sound advice for young people who will be joining their family business. He also shared some great advice for young professionals who are starting out in their careers. Continued here |
Stop Neglecting Low-Wage Workers ![]() Many people blame the shortage of low-wage workers on the enduring impact of the pandemic. But management professor Joseph Fuller and senior researcher Manjari Raman of Harvard Business School say that the real reason has been long in the making. Their studies show that companies view low-wage workers as people who will be in the job only for a short time. Instead, the researchers find that these employees are loyal and want development and a clear path to career advancement. The researchers share practical suggestions for how leaders and managers can do better in hiring, development, and mentoring. Fuller and Raman wrote the HBR article “The High Cost of Neglecting Low-Wage Workers.” Continued here |
A Credit Crunch Comes for Small Businesses--Cue the Alternative Lenders ![]() The collapse of Silicon Valley Bank sent depositors reshuffling their funds. The result: Traditional lenders have dialed back their credit lines, forcing entrepreneurs to get creative. Continued here |
3 Core Principles of Digital Customer Experience
![]() Successful businesses focus on three core principles of their customer experience: They put the digital experience in the business context. They recognize that customers are not created equal. And they make zero-based decisions. Continuous improvement is fine, but it’s important to be willing to think from first principles, and to re-examine and justify what you are doing and what you could do differently. This helps ensure that the digital roadmap is prioritized and focused on the highest impact actions. Continued here
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