Share to Twitter Share to Linkedin Virtually every leader has been in this situation. One of your team members gives a presentation or presents a deliverable that is somewhere between lackluster and utterly disappointing. Afterwards, you know that you need to follow up with them to provide much needed constructive criticism to not just avoid a repeat of the dismal performance but also to help support their overall professional development. Unfortunately, too many leaders will make the classic mistake of focusing the conversation almost exclusively on their opinion and coaching but miss the opportunity to lead with inquiring about the team member’s opinion. Indeed, one of the most powerful and effective ways a leader can start that constructive feedback conversation is by simply asking, “How do you think it went? or “How did you feel about today’s presentation?” Starting with this simple question is so effective because it gives you a sense of their level of … [Read more...] about Leaders, Don’t Make This Classic Mistake When Giving Constructive Feedback
Don mueang
Don’t simply join WhatsApp groups, phone numbers can be misused, public advised
PUTRAJAYA: Telephone numbers are personal data that are most valuable now and are at risk of being used by irresponsible parties either to make a profit or use it to harm someone, says Personal Data Protection Commissioner Mazmalek Mohamad. In a briefing to the media here, he advised the public to avoid joining WhatsApp groups that are not beneficial to avoid unknowingly sharing phone numbers. "Sometimes we don't know all the members of the 'group'. Unknown to us, some members of the 'group' secretly shared our phone numbers with others. "And when all the numbers of people in the group have been shared with a scammer or a telemarketing agency, they will leave the WhatsApp group and join another group,” he said, adding that the tactic would make it easier for fraudulent or telemarketing syndicates to acquire the phone numbers easily. According to the 2020 Internet Users Survey conducted by the Malaysian Communications and Multimedia Commission (MCMC), he said 98.7% of the … [Read more...] about Don’t simply join WhatsApp groups, phone numbers can be misused, public advised
What the Business Cycle is Telling us About a Recession
If you're looking for capitulation in 2022, it's in the bond market. And that tells you that investors' confidence in the global economy is very low. Inside the stock market, it's all about defense. Defensive stocks, which include big healthcare companies and dividend-paying value stocks, have been driving the gains. An index of global defensive stocks put together by Goldman Sachs, which is heavy in healthcare giants, has climbed to more than an 18-month high relative to the MSCI AC World Index. Inside the U.S., the defensive ETF ticker DEF has been outperforming the Spider ETF SPY all last week and all year. For market watchers, this feels a whole lot like a recession trade. While investors in the capital markets are battening the hatches for a recession, money in the private markets is also drying up. The value of venture capital deals in the U.S. dropped more than 25% in the second quarter to just $1 trillion, according to Dealogic . M&A activity in the United States … [Read more...] about What the Business Cycle is Telling us About a Recession
Russia’s last default sparked a crisis. This time is different
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here . You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business) This week, Russia defaulted on its foreign debt for the first time since the Bolshevik revolution after it failed to pay interest on two bonds during a 30-day grace period that expired Sunday. But to put the event in context, we don't need to go as far back as 1918. Instead, we can look to 1998 . That's the year Russia defaulted on ruble-denominated bonds, triggering a "Moscow meltdown" that infected markets around the globe. Quick rewind: In August 1998 , following years of upheaval after the fall of the Soviet Union, the Russian government defaulted on its local debt and devalued the ruble. The move sparked chaos in Russia, driving up inflation, causing an economic contraction and triggering bank … [Read more...] about Russia’s last default sparked a crisis. This time is different
Here are some of the creative new business models and strategies that have come out of the coronavirus pandemic
New York (CNN Business) The coronavirus pandemic has forced everyone to get creative. Whether through Zoom meetings , online fitness classes or take-out cocktails , companies in nearly every industry are pivoting to get through the crisis. Some work-arounds have been especially creative, such as individual exercise "pods" to get people back into gyms. But beyond short-term fixes, many innovative new strategies and business models have emerged that are likely to stick, even as many jurisdictions begin to reopen in some capacity. In many cases, these transformations are thanks to the increased adoption of technology and the digitization of businesses. Many of these changes were underway pre-coronavirus; the pandemic has just accelerated them. "What's important to customers has changed," John Roese, Dell ( DELL ) Technologies chief technology officer , told CNN Business. "We've broken through a bunch of psychological or … [Read more...] about Here are some of the creative new business models and strategies that have come out of the coronavirus pandemic
Chatbots need to evolve to stay relevant in the age of virtual assistants
Our exposure to chatbots is at an all-time high. From customer service to commerce to healthcare, chatbots are the fastest growing brand communication channel , thanks to their ability to handle issue resolution, remove friction in surfacing common information, and enable self-service to relieve human bottlenecks. advertisement advertisement But the growing chatbot landscape shows signs of fracture. In a recent study, over half of consumers who use chatbots cite dissatisfaction due to the frustration caused by “inconsistent answers” across chat and human assistance, while ranking preference of digital service channels like social media, human chat, and even email over chatbots. A finer point still, 60% of consumers would still rather interact with a human than a brand’s chatbot because of the ability to solve more complex and personal problems. The irony is that a chatbot’s premise to exist is to offload human-to-human interactions while … [Read more...] about Chatbots need to evolve to stay relevant in the age of virtual assistants
When the push for ‘cultural fit’ creates a DEI blindspot
When you’re hiring new candidates, how much do you prioritize cultural fit? Your answer to this question may depend on whether you’d consider your company’s culture a broth or a gumbo. advertisement advertisement A broth has exactly one consistency and flavor, while a gumbo features distinct ingredients, each one retaining its unique flavor while contributing perfectly to the overall taste. In my years within the DEI space, I’ve observed quite a few companies adopt a “broth” recruiting approach, vetting candidates based on how seamlessly they believe they’ll fit into their existing corporate culture. Ideally, this practice should revolve around assessing how well candidates align with a company’s values and vision. In reality, it may mean something more arbitrary—using the same jargon and lingo, laughing at the same jokes, adopting the “right” business casual look, etc. Some diverse candidates do check these boxes but many others do not—and their … [Read more...] about When the push for ‘cultural fit’ creates a DEI blindspot
Kylie Verzosa stuns in bridal gown: ‘Groom na lang po kulang’
Image: Instagram/@kylieverzosa Kylie Verzosa joked about being in search of a “groom” as she showed herself in the wedding dress she wore at a recently held bridal show. The actress-beauty queen treated fans to a glimpse of her backstage preparations as well as a closer look at her dress, through her Instagram page yesterday, June 27. Verzosa graced the runway donning an embellished mermaid gown by designer Julianne Syjuco. “What a dream. Closed the show for [Julianne Syjuco] for [Marry Me at Marriot],” Verzosa said. “Hot girl summer is getting married. Groom na lang po kulang po, opo (Only the groom is missing, yes).” View this post on Instagram A post shared by Kylie Verzosa (@kylieverzosa) View this post on Instagram A post shared by Kylie Verzosa (@kylieverzosa) Verzosa also showed more snaps from the event while seemingly appreciating the experience of … [Read more...] about Kylie Verzosa stuns in bridal gown: ‘Groom na lang po kulang’
Stars of ‘Boyfriend No. 13’ check zodiac signs for matters of the heart
Sue Ramirez (left) as Kim and JC Santos as Bob in “Boyfriend No. 13” Just like her, I think I was put in this world to love.” Thus said Sue Ramirez about her character Kimverly Santillan in the WeTV Original romantic comedy series “Boyfriend No. 13.” “I can’t blame her because—I won’t deny it—I love the feeling of being in love, too. Ako’y marupok at mapagmahal,” she said, laughing, during the recent virtual media conference organized by the streaming app WeTV. In “Boyfriend No. 13,” Ramirez plays Kimverly (Kim, for short), a romance novelist who lives her life “according to the cards, the stars and her superstitions.” Her every move is calculated to avoid misfortune. She would read her horoscope daily, wear her lucky charms to ward off bad luck and consult her fortune teller regularly. When she meets the tall and charming doctor, Don Lee (JC De Vera), all signs indicate that he is her destiny. On the other hand, there’s the roguish and rugged officemate Bob (JC … [Read more...] about Stars of ‘Boyfriend No. 13’ check zodiac signs for matters of the heart
Apple Just Updated a Product No One Even Knew It Still Sold
It's official. It's finally here. The brand new, updated, turbo-charged, better than ever... iPod Touch? Wait, the iPod might be one of the most significant innovations Apple has ever created, but did anyone know it still actually sold them? I'm pretty sure I still have a 5th generation iPod Video in a drawer somewhere. I even swapped out the original hard drive for a compact flash card a few years ago, but I haven't used it since I bought an iPhone . It turns out not only does Apple sell them, but the company just announced it has updated them with the A10 Fusion processor from the iPhone 7, with support for augmented reality (AR) and Group FaceTime. Apple's announcement includes an especially interesting quote from Greg Joswiak, who is Apple's vice president of product marketing. In it, Joswiak says that Apple's "making the most affordable iOS device even better with performance that is twice as fast as before." Here's why that's interesting. He … [Read more...] about Apple Just Updated a Product No One Even Knew It Still Sold