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Denounce the acts of sedition at the Capitol While this seems like an obvious step, many organizations struggle with the idea of having to issue a statement denouncing violent and supremacist actions each time events occur. It feels redundant and can be daunting to draw more negative attention from customers and clients who oppose the stance or who believe commerce and governmental/political affairs should be kept separate. But that shouldn’t stop companies from communicating their views clearly. “What many organizations don’t realize is that while they’re playing safe, neutrality communicates a position that your employees hear loudly,” says Charlie Pleasant, founder and CEO of Pleasant Coaching and Consulting, and who serves as a crisis counselor to organizations after traumatic events. … [Read more...] about 4 steps companies should take in the aftermath of January 6

As soon as the crisis hit, Ikea Social Entrepreneurship began working with social enterprises in its network and in parent company Inter Ikea group’s supply chain to help them survive. Despite facing an impact on sales itself, the company recognized that for social enterprises with smaller margins, decreased sales could force them to shut down. So along with providing emergency relief through Ikea Social Entrepreneurship, Ikea also committed to maintaining its purchases from the social enterprises in its supply chain throughout the crisis. … [Read more...] about Corporate donations shouldn’t be Band-Aids. Big bets on social enterprises will make more change

That is why the biggest economic boost that the Biden-Harris administration can deliver won’t be stimulus or bailouts, it will be committing funding and political support for serious antitrust enforcement. I’ve been calling for the antitrust breakup of Big Tech for years, but the last few months of 2020 give me hope that this is going to happen. In that period, we witnessed a surge of legislative and legal actions that respond to the problems of concentrated capital generally and the dangers of Big Tech specifically. If we maintain this momentum, we stand a chance of not only restoring competition and innovation to our markets, but also of beginning the more fundamental repair process our nation needs. … [Read more...] about Scott Galloway: Why 2021 will be a year of reckoning for Big Tech

In a project called 2020 Infodemic, he gathered a single headline from each day of the year. January 1: “Seafood market in China’s Wuhan shut down over pneumonia scare.” January 10: “China reports first death from new virus.” January 12: “China pneumonia outbreak not spreading at present: WHO.” January 13: “Thailand finds Wuhan novel coronavirus in traveler from China.” January 24: “China is building a 1,000-bed hospital in 6 days to deal with the coronavirus outbreak.” January 31: “Worldwide cases overtake 2003 SARS outbreak.” … [Read more...] about The story of the pandemic in a single poster

The safety protocols of the pandemic will likely also lead to bigger changes inside stores, according to Price. For example, the days of the salad bar are over. Food and health safety concerns are leading to the elimination of the kind of self-serve and hot-food bars that were once a customer-centric feature of many grocery stores. Price says this may lead more stores to shift these types of food services to the back of the house and use the former self-serve space for prepackaged meals and snacks. And with the rise of grocery delivery services, some stores are even designating specific staging areas where their grocery pickers can prepare customer orders. … [Read more...] about Grocery stores were already in flux. The pandemic could change them forever