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Share to Twitter Share to Linkedin CMO Stacy Simpson recently took on the additional leadership role of defining and guiding the purpose for Genpact (NYSE: G), a global professional services firm focused on digital transformation. We spoke recently about her role and its impact internally and externally. This interview has been edited and condensed for clarity. One of the first things that I learned about you is that you are in charge of purpose at Genpact.  I thought, how excellent to have someone leading the purpose of the company. Would you say a little more about your area of responsibility at Genpact and how purpose came to be part of your responsibilities? I've been with Genpact for almost five years as CMO and, earlier this year, I became the global business leader for corporate responsibility, diversity, equity, and inclusion. All those worlds are converging! You asked specifically about purpose. As CMO, one of the things I … [Read more...] about Purpose-Driven Leadership: Genpact’s Digital Transformation Driven By CMO Stacy Simpson

- A + A (May 18): He was a hedge-fund manager supposedly under the watchful eye of a “master cop” — an Allianz SE unit that policed his every move. Instead, US authorities say, Greg Tournant sold lies to investors that cost customers, and now Allianz, billions of dollars, and resulted in a guilty plea to federal charges of securities fraud by Allianz Global Investors US. News on Tuesday that the US unit of the German insurance giant was admitting guilt over the collapse of its Structured Alpha group of hedge funds leaves many questions unanswered, including a big one: Will Tournant, who had told investors Structured Alpha would do well whether markets went up or down, end up in prison? For Allianz SE, Tuesday’s development brought an end to legal headaches that have engulfed the German insurer since the funds imploded in March 2020, when financial markets reeled during the early days of the pandemic. The demise of the Structured Alpha funds is just the latest … [Read more...] about Allianz fund managers’ paydays could be followed by prison

Those suffering from mental health issues or contemplating suicide can reach out to the Mental Health Psychosocial Support Service (03-2935 9935/ 014-322 3392); Talian Kasih (15999/ 019-261 5999 on WhatsApp); Jakim’s (Department of Islamic Development Malaysia) family, social and community care centre (0111-959 8214 on WhatsApp); and Befrienders Kuala Lumpur (03-7627 2929 or go to befrienders.org.my/centre-in-malaysia for a full list of numbers nationwide and operating hours, or email [email protected]). TVB actress Lesley Chiang has had enough of online bullies who attack her incessantly. Chiang went on her Instagram to vent her frustration recently. “Man, people are really mean sometimes. For anyone who knows me personally, the me on TV and the me in person are pretty much the same. I’m not putting up an act or a front. You don’t even know me. If you don’t like me, just change the channel," the 36-year-old wrote in English. "I’m so confused why you gotta complain every … [Read more...] about TVB actress Lesley Chiang begs for online bullying to stop: ‘I struggle with depression’

Share to Twitter Share to Linkedin As we continue to build back from the pandemic, the Biden-Harris Administration is focused on making sure that the economy grows back in a way that works for American families. Strong job growth continues at the same time that we’ve seen an unprecedented boom in entrepreneurship. Against this backdrop, ensuring that the jobs created allow Americans to pay their bills, retire well, and support their families is central. Thriving Main Streets across America are a critical part of a strong economy. Small businesses are the nation’s largest job-creators. In a more inclusive economy, small employers are not simply creating jobs, but these businesses are the source of high-quality jobs that create wealth and upward mobility for the owner, workers, and their communities. ADVERTISEMENT As Secretary of the U.S. Department of Labor (DOL), Marty Walsh leads efforts to engage with businesses and workers. A former … [Read more...] about A Conversation With Labor Secretary Martin J. Walsh On The Economy, Employers, And Good Jobs

Share to Twitter Share to Linkedin In the past five years, there’s been an emphasis on increasing the percentage of funding for women and BIPOC-owned businesses. Not that it hasn’t come with a struggle. According to Fundera, out of the 12.3 million women-owned businesses in the U.S., women receive just 7% of venture funds for their startups. Although work still has to be done, significant strides have been made toward closing the funding gap. As a result, more companies and venture funds are created to invest in and support underrepresented communities every day. Nicole Jeter West, the newly appointed CEO of underdog venture team, leads a team that makes a positive social impact in the investment sector. As a next-generation agency focusing on increasing diversity within the sports industry, 66% of the businesses underdog invests in are BIPOC or women-owned. Additionally, the company offers branding services to help change the value proposition and … [Read more...] about Nicole Jeter West Is Leading The Team That’s Changing The Landscape On Social Impact Investing

Share to Twitter Share to Linkedin Higher education has been the bedrock of our society for over 300 years, with just under 4,000 degree-granting institutions. Recently, however, skyrocketing tuition costs have created several challenges and have the general public questioning the value and purpose of higher education. With much public outcry on the value proposition of higher education, can the industry be sustained or reinvented? Many articles have been written about higher education “landlords,” as institutions compete for students based on amenities and facilities. This intense competition for colleges and universities to attract students has resulted in expensive amenities and accommodations to convince students to attend. While this is a nice to have for students, it has also driven up the cost of a college degree to the point where many cannot afford a degree. As competition increases and state and federal subsidies decrease, these additional costs are … [Read more...] about Leaders Share Strategies To Reinvent Higher Education

Share to Twitter Share to Linkedin As President and CEO at Genpact, Tiger Tyagarajan leads more than 115,000 people in more than 30 countries. Genpact (NYSE: G) is a global professional services firm delivering digital transformation by putting digital and data to work to create competitive advantage. The corporation, with $4B in sales, has hundreds of clients, many of them Global Fortune 500 companies. Karen Walker: You are known for your vision and your execution skills. Let’s start with vision. Last year I spoke with Genpact’s CMO, Stacy Simpson about the “purpose-led pivot” at Genpact. You prioritized this effort, and you poured tremendous resources into it. Why? Tiger Tyagarajan: I must credit Stacy for bringing up purpose as a topic to define us as a company. This happened a quarter into the pandemic. We had previously started our work on purpose, and we stopped it because we were dealing with shifting 100,000 people to work from … [Read more...] about Genpact’s CEO Tiger Tyagarajan: Leading A Relentless Pursuit Of Purpose

Share to Twitter Share to Linkedin Jo Ilfeld, PhD, CEO of Incite To Leadership , helps CEOs of high-growth, high-impact companies build unstoppable leadership teams. An amazing leader I’ve coached over several years just gave notice. When she gave notice, members of her team cried, her organization tried to delay her departure as long as possible and the board held a goodbye party. Are you the leader no one wants to leave? There’s a common refrain you’ve likely heard before: “People join a company and quit a boss.” In this day and age of the Great Resignation, it’s easy to wonder how many bad bosses there must be for so many people to be quitting. Many thought leaders are writing about why employees are leaving and what companies can do about it. While theories are useful, I want to dive into what you personally can do as a leader to keep your team engaged and morale high. This isn’t to say that people don’t quit on great bosses. For the … [Read more...] about The Three Questions Great Leaders Ask (And Answer) Daily