Explore alternative customers If you want to grow beyond your initial customers, Butterfield says you need to be adaptive, responsive, and willing to change the orientation of the company. He also suggests identifying new markets by thinking about who will naturally benefit from your success—a tactic that Pigeonly used as well. Pigeonly originally marketed its platform, which helps people search, find, and connect with incarcerated loved ones, directly to consumers. The company made a successful business out of helping people send mail into prisons, so Hutson realized his team was well-suited to help these same prisons manage their incoming mail. … [Read more...] about The most important startup rule: Play the long game
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Until April 2020, one month into the COVID-19 pandemic, the index saw deviation in certain groups and some indication of increased work stress. In April 2020, however, the index showed a sharp drop compared to the benchmark, highlighting a serious decline in the quality of Americans’ mental health. May brought only a modest improvement, in spite of about half of all the states beginning the reopening process. As a result of the added COVID-19 stress, the mental health of the average worker is now similar to those most seriously distressed before the pandemic. … [Read more...] about Employers need to address their workers’ mental health. Here are 3 ways to start
But brands have made many declarations of support in the wake of the pandemic and recent anti-racism protests, and statements are not the same as action. When asked about holding corporations accountable for their dedication to these promises, Mayekar admits there needs to be a sustained cultural change within those corporations, and he envisions an increase in shareholder activism to bring that about. Still, he realizes that the majority of the leadership and accountability burden rests on the city, which will be holding quarterly progress meetings with the task force to discuss updates and strategize on the implementation of the goals. … [Read more...] about Chicago’s COVID-19 recovery plan aims to go beyond the crisis to correct historical inequities
When looking at diversity practices, location is often left out of the equation, yet it can be a huge factor in reaching diverse talent and building a diverse workforce. As adults, many of us choose where we live based on the job we get. We don’t get the luxury of comparing diverse pie charts or choosing locations that add value to our lives. Many of the most desirable companies are in expensive, unaffordable markets and within areas with minimal diversity. … [Read more...] about Can remote work really improve workplace diversity?
Tapan Patel, Senior Analyst (Commodities) at HDFC Securities said, crude oil prices traded under pressure on demand growth concerns and supply pressure due to surge in weekly inventories. The fear of restoring lockdown measures due to record virus cases has pressured oil prices with worries over fuel demand growth. The lack of clarity over an extension of output cut deal from OPEC plus nations has also kept investors in dilemma over future trends. … [Read more...] about Crude oil futures decline 2.28%, WTI trades below $39 a barrel