Reputation is today’s employee pension As traditional loyalty-boosting benefits dwindle, most employees aren’t looking to the future to collect a pension, but rather are focused on finding work that provides purpose, pride, and alignment with their values in the present. A strong reputation is a competitive advantage that companies should position as a tangible employee benefit to current and prospective talent; the company’s past actions and future plans—and the extent to which it is able to provide workers a shared sense of mission and purpose—are important levers a company can pull to attract talent or prevent talent exodus. … [Read more...] about 10 lessons from CEOs on how to manage corporate reputation in a new era of activism
The problem is, it is yet unknown if any of the three vaccines—including Moderna’s—will make the transmission of the virus from a vaccinated person to an unvaccinated person impossible. Or, to put it another way, it’s possible that even vaccinated people will be able to still infect unvaccinated people with COVID-19. … [Read more...] about Moderna chief medical officer: Vaccinated adults could still infect the unvaccinated with COVID-19
Standing up against the Four Pushing back against this growth is difficult—there is little that individuals or even companies can do when firms become this powerful. This is the role of government. But big tech has public opinion on their side, hundreds of lobbyists, and they move faster than regulators can keep up. Laws written by the light of coal power don’t work against digitized monopolies. Traditional antitrust principles focus on consumer harm through the prism of prices. Low prices are good, high prices are bad. It’s not a framework well suited to companies that don’t charge consumers, like Google or Facebook, or that relentlessly lower prices, like Amazon (and Apple with Apple TV+), but that nonetheless limit competition and cause consumer harm in other ways besides high prices. Nor does the current mainstream antitrust framework account for the ability of these firms to consolidate markets and outcompete competitors through their unique access to … [Read more...] about Big Tech was already dominant. Has coronavirus made it unstoppable?
Non-banking finance companies (NBFCs) are highly cautious in responding to the recent proposals from an RBI-working group on the conversion of large NBFCs into banks. One of the recommendations of the RBI working group was that well-run large NBFCs, with an asset size of Rs50,000 crore and above, including those which are owned by a corporate house, may be considered for conversion into banks. … [Read more...] about NBFCs cautious on RBI working group proposals on banking entry
A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine. … [Read more...] about Dogs can sniff COVID-19 infection before symptoms set in, research suggests