Companies want a board with sustainability experience | Didn't get credit for an idea? Be curious before accusing | Headed for the exit? Cover all these bases first
Created for newsletter@newslettercollector.com | Web Version
Companies want a board with sustainability experience Fortune 500 companies are increasingly focused on sustainability expertise, according to Heidrick & Struggles International, which reports that 25% of board appointees last year had experience on sustainability committees. That was up from just 14% in 2021. Full Story: The Wall Street Journal (3/10)
Didn't get credit for an idea? Be curious before accusing If a colleague or manager takes credit for your idea, or fails to give you the credit you deserve, approach them with curiosity first and ask why they didn't include you and what they can do to make sure everyone involved can be recognized, write Karin Hurt and David Dye. "If it's an oversight or accident, people usually move quickly to make it right," they write. Full Story: Let's Grow Leaders (3/13)
Leaders considering exiting their current job should coordinate first with their family on how the move will affect them, then consult with their direct boss about how their departure will be announced and make sure their direct reports are told beforehand, then try to maintain the status quo until they leave, writes John Quelch, a Harvard Business School professor emeritus. "Avoid taking on new initiatives but clean up as many housekeeping items as possible (including title changes and salary adjustments) before your final day, particularly any thorny ones," Quelch recommends. Full Story: Harvard Business School Working Knowledge (3/13)
The Landscape
Data shows job cuts highly likely in banking sector Despite a swath of recent layoffs among banks and other financial institutions, an analysis of S&P 500 firms shows more cuts seem likely. The S&P 500 analysis highlights 105 companies with declining revenue per employee since 2019, and 45 of those firms are underperforming the broader market. Twelve of the 45 -- the most of any industry -- are in the financial sector. Full Story: Bloomberg (3/10)
What moderating wage growth means for workers Economic indicators, including the February jobs report, suggest that wage growth is beginning to cool. However, the job market remains robust, and some workers still have bargaining power with employers. Full Story: CNBC (3/10)
Free eBooks and Resources
Free eBooks and resources brought to you by our sponsors
How to change your financial habits Everybody has a personal mindset when it comes to money that was shaped by their past and will in turn influence their financial future, and it's important to identify unhealthy money habits and discard them rather than repeat them, according to certified financial planner Brent Weiss. Weiss recommends watching out for "autopilot moments" involving money and instead working to be more intentional when making financial decisions. Full Story: Kiplinger (3/13)
If turbulence in the skies makes you hesitant to board an airplane these days, experts say more extreme weather means turbulence is only going to get worse. Of course, one compounding element to this problem is the fact that when a plane is experiencing turbulence, the flight attendants are instructed to remain in their seats ... which means no drink service! Full Story: ScienceAlert (Australia)/Business Insider (3/12)
SmartBreak: Question of the Day
POLL QUESTION: Rajveer Meena has the Guinness record for reciting how many digits of pi? Check your answer here.
