Reorienting towards humor is a fundamentally profitable enterprise that today’s leaders can’t afford to miss. One study found that adding a lighthearted line at the end of a sales pitch—like “my final offer is X, and I’ll throw in my pet frog”—increases customers’ willingness to pay by 18%. Another set of studies found that employees who rate their leaders as having a sense of humor— any sense of humor—are 15% more satisfied with their jobs and rate their leaders at 27% more motivating. A set of studies run by Brad Bitterly, Allison Wood Brooks, and Maurice Schweitzer demonstrate that when people use humor at work, they’re attributed 37% higher status, and seen as more competent and more confident . … [Read more...] about Humor is such an important leadership trait we teach it at Stanford’s business school
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H&M is one of fashion’s biggest polluters. Now its foundation is on a $100 million quest to save the planet
SLAMMING THE BRAKES While the Green Machine is a big step toward turning garment recycling into a reality, it’s not a silver bullet. Even if the technology proves effective, it will take years for recyclers to build the infrastructure to collect clothes from households. Even then, it’s unclear whether consumers would actually go through the effort of recycling them: Plastic recycling has existed for decades, and still only 9% of all plastic is recycled. “Are any of these efforts to the scale they need to be to avert planetary disaster?” asks Maxine Bédat, founder of the New Standards Institute, a nonprofit which researches sustainability in the fashion industry. “When you actually look at the numbers, the answer is a resounding ‘no.'” … [Read more...] about H&M is one of fashion’s biggest polluters. Now its foundation is on a $100 million quest to save the planet
9 CEOs share their best tips for successful remote work
5. Phaedra Ellis-Lamkins, CEO of Promise “Promote flow. Schedule time as a team to meet without an agenda; it allows a space to connect around our lives and work.” “Show off your family. Remember that your team loves seeing your kids. Do not panic or stress out about a cameo.” “Customize your office. Make your space as enjoyable as possible; for me that means being surrounded by my favorite books and having scents that make me happy.” “Show compassion. Be kind to yourself; everyone is struggling.” 6. James Park, CEO of Fitbit “I think we all know that being on Zoom calls all day can be challenging, so I try to build in breaks throughout the day—even just 30 minutes—where I can step away from my computer. I’ve been able to squeeze in a quick workout during those breaks, too, which helps break up the day and improve both my physical and mental health.” … [Read more...] about 9 CEOs share their best tips for successful remote work