4 types of employee reactions to a digital transformation

4 types of employee reactions to a digital transformation

Although digital transformation can help companies gain a competitive advantage, CIOs must pay attention to the human aspect of the project — or risk failure. Employees play a key role in an organization’s digital transformation. But they may find the required changes intimidating or overwhelming. Digital transformations push people out of their comfort zone. For example, employees may need to work twice as hard to succeed, especially if they must reskill or upskill . That’s why IT leaders must recognize the various employee reactions to a digital transformation initiative. Employees have many ways of responding to the changes digital transformation requires of them, but typically, four broad camps emerge, according to Isaac Sacolick in his book Digital Trailblazer: Essential Lessons to Jumpstart Transformation and Accelerate Your Technology Leadership . These include the following: early adopters who believe in transformational change; opportunists who don’t get involved until leadership explains what’s in it for them; employees who resist the disruptions and look for jobs elsewhere; and detractors who prefer the status quo. Since employee commitment is crucial to the success of a digital transformation, IT leaders need to create a culture that supports digital transformation . Engaging with different groups, understanding […]

The Top Tech in Various Industries

The Top Tech in Various Industries

As time moves forward, technology continues to grow. As a result, technology has become a crucial part of our daily lives and improves our everyday function. For example, whether we realize it or not, we rely on technology to communicate with others, and most tasks have become more efficient because of today’s technological advances. It is not just us that benefit from the growth of technology. Various industries, such as the financial, healthcare, workplace, and cybersecurity industries, are also improving. We may not realize it, but these technological advances in these industries are vital for everyone. Financial Technology Financial Technology, also called the FinTech industry, uses the latest tech developments that increase the services and products we get in the financial industry. For example, using technology such as artificial intelligence (AI), blockchain technology, cloud computing , and big data can improve many online banking services and make them cheaper and more user-friendly. FinTech is known for its services and products, such as lending, payments, crypto trading, risk assessment, and saving. These are services and products that millions of people use around the world. Therefore, if people want to invest in any part of the financial industry, they will most […]

New Research Shows Opportunity for Healthcare Brands to Connect with LGBTQ+ Individuals

New Research Shows Opportunity for Healthcare Brands to Connect with LGBTQ+ Individuals

LGBTQ+ individuals want to hear from healthcare brands year-round – not only during Pride Month – and across a wide range of health concerns, as well as see LGBTQ+ aligned values at a corporate level. These are the major findings from a new study released by healthcare communications specialist CMI Media Group, a WPP company (NYSE: WPP), conducted in partnership with LGBTQ+ research firm Community Marketing & Insights. PHILADELPHIA, Feb. 22, 2023 /PRNewswire-PRWeb/ — LGBTQ+ individuals want to hear from healthcare brands year-round – not only during Pride Month – and across a wide range of health concerns, as well as see LGBTQ+ aligned values at a corporate level. These are the major findings from a new study released by healthcare communications specialist CMI Media Group, a WPP company (NYSE: WPP), conducted in partnership with LGBTQ+ research firm Community Marketing & Insights. There is opportunity for life sciences manufacturers to not only build connections, but also to redefine health among the LGBTQ+ community. Taking a whole-person approach to think about health in terms of physical, mental, and emotional well-being is critical, as members of this community are met with particular adversity and challenges that affect them in ways unfamiliar—and […]

The farm bill is a powerful opportunity for agricultural climate solutions

The farm bill is a powerful opportunity for agricultural climate solutions

U.S. farmers, ranchers and foresters will need additional tools and resources to protect their land, keep growing food on a changing planet and contribute to national efforts to reduce greenhouse gas emissions. That’s where the farm bill comes in. The farm bill is a critical piece of legislation that comes up every five years. It authorizes programs that provide producers with a safety net in tough times and supports them in adopting climate-friendly production practices. As Congress begins writing the next farm bill, new recommendations from the Food and Agriculture Climate Alliance provide some of the most significant alignment on climate and agriculture policy priorities to date. In 2020, EDF joined with the agriculture community to form an alliance with the idea that if we worked together to truly understand each other’s needs, we might end up with commonsense reforms that will be embraced by farmers and ranchers, while also improving environmental performance, especially on climate. The alliance’s recommendations aim to improve the ability of the U.S. agriculture and forestry sectors to mitigate climate and help limit temperature increases. And because warming is already here and making farming riskier, the recommendations also aim to improve resilience to a changing […]

Calibre Presents a Golden Opportunity: Breaking Records With Gold Production and Revenue in 2022; Gaining Momentum in 2023 With 20% Production Growth to 250,000 to 275,000 Ounces

Calibre Presents a Golden Opportunity: Breaking Records With Gold Production and Revenue in 2022; Gaining Momentum in 2023 With 20% Production Growth to 250,000 to 275,000 Ounces

VANCOUVER, British Columbia, Feb. 22, 2023 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months and year ended December 31, 2022. Annual Consolidated Financial Statements and the corresponding Management Discussion & Analysis for the year ended December 31, 2022 can be found at www.sedar.com and the Company’s website, www.calibremining.com . All figures are expressed in U.S. dollars unless otherwise stated. 2022 HIGHLIGHTS Record gold sales of 222,991 ounces grossing $403.1 million in revenue, at an average realized gold price 1 of $1,808/oz; Consolidated Total Cash Costs (“TCC”) 1 of $1,129/oz; Nicaragua $1,065/oz & Nevada $1,405/oz Consolidated All-In Sustaining Costs (“AISC”) 1 of $1,259/oz; Nicaragua $1,154/oz & Nevada $1,421/oz; Generated $96.7 million in cash flow from operations; Adjusted net income 2 of $51.4 million, or $0.12 per share; Pavon Central open pit mining permit was received in Q2, with significant advancement throughout the year resulting in grade driven growth on track for production during Q1, 2023; Eastern Borosi Project (“EBP”) open pit and underground mining permits were received in Q4, with considerable progress made throughout the year setting up for production during Q2, 2023; Significant exploration […]

American Airlines cuts almost 50,000 flights from summer schedule

American Airlines cuts almost 50,000 flights from summer schedule

American Airlines Group Inc. cut almost 50,000 from its summer schedule as the carrier continues to restrain capacity growth amid an ongoing pilot shortage. The Fort Worth-based carrier reduced its schedule by 5% and will now fly 875,133 flights from May to September, according to aviation data company Cirium. American’s schedule includes 875,133 flights from May to September. The bulk of the cuts occur in June and July, when slashed 19,887 flights and 19,920 flights, respectively. American spokeswoman Andrea Koos said the adjustments to the summer schedule are "in line" with the carrier’s approach to network and schedule planning. American publishes a placeholder schedule 331 days in advance and then makes cuts closer in based on the schedule it intends to operate. “We are now publishing our final schedule approximately 100 days in advance, which is in line with how we adjusted our schedule in 2019 prior to the pandemic," Koos said. "American is proud to offer customers the largest network of any U.S. airline through the summer, with, on average, more than 5,500 daily departures." Customers whose flights may have changed as a result of future schedule changes will have alternate travel options that get them to their […]

This major hotel company is leading the pack on business travel recovery

This major hotel company is leading the pack on business travel recovery

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page . The death of business travel demand might have been greatly overestimated during the pandemic. Bill Gates, at one point, surmised as much as half of business travel demand was permanently killed during the early months of the pandemic. Hotel industry chatter in recent months focused on the idea it was likely 20% off pre-pandemic levels . However, the CEOs of each of the major publicly traded hotel groups in recent weeks reported a rosy picture of business travel. Keith Barr, the CEO of Holiday Inn and InterContinental owner IHG Hotels & Resorts, delivered one of the strongest cases for a full business travel demand recovery Tuesday. Average nightly rates for business travelers already exceed 2019 levels (and they have since March of last year). Occupancy rates for this demand sector are at 98% of 2019 levels, Barr said. “Despite some predictions, business travel is alive and well,” he added. For comparison: Marriott last week […]

Revitalization Reimagined: Westchester County Announces Business FIRST “Downtown Improvement Grant Program”

Revitalization Reimagined: Westchester County Announces Business FIRST “Downtown Improvement Grant Program”

From Left to Right: Robert Walsh, JGSC Consultants; Joan McDonald, Westchester County Director of Operations; Bridget Gibbons, Westchester County Office of Economic Development Director; Shari Rosen Ascher, Westchester County Director of Policy & Programs; Emily Saltzman, Deputy Director of Operations; Westchester County Executive George Latimer; Deputy Westchester County Executive, Ken Jenkins. Groundbreaking Public-private Pilot Program to Provide up to $1MM to Strengthen Local Downtown Areas The next phase of Westchester County Office of Economic Development’s Business FIRST Program will focus on downtown improvement and stimulating economic revitalization at the local level. This Pilot Grant Program will help four municipalities reimagine and revitalize their downtown economic engine through a program consisting of professional consulting and up to $250,000 in implementation support. Westchester County Executive George Latimer said: “The Business FIRST Downtown Improvement Grant Program is part of our continued response to listening and responding to the needs of those who do business in Westchester. It will help ensure our businesses and the local communities they help build have the support and resources to remain vibrant and innovative as we look into the future. The key part of this grant is its tailored public-private approach to support each community selected.” Municipalities […]

NJ corporate business tax brings in $664M and should be kept, analysts say

NJ corporate business tax brings in $664M and should be kept, analysts say

More than half a billion dollars could be taken from state coffers if the state’s corporate business tax is allowed to expire at year’s end, fattening the bottom line of already profitable businesses and taking needed money from programs that benefit the average citizen, left-leaning think tank New Jersey Policy Perspective said in a new report. Released Wednesday, the report suggests that allowing the tax to lapse would cost the state “at least $664 million in annual revenue” and only benefits a “select few highly profitable corporations, providing an average tax cut of $5 million to companies with more than $100 million in annual profits.” The report estimates that roughly 70 percent of the corporate tax cut would go to businesses with more than $10 million in annual profits and corporations with more than $100 million in profits would receive the largest tax cut, averaging $4,952,000. While this is something that the group is advocating for, Gov. Phil Murphy has already said that he intends to let the so-called corporate millionaire’s tax expire at the end of the year. That shouldn’t come as a shock though. When Murphy and lawmakers implemented the increase on the corporate business tax in […]

Small Business Spotlight: Urban Roots Builds Business While Building Up Their Community

Small Business Spotlight: Urban Roots Builds Business While Building Up Their Community

Owners of Urban Roots Tiffany (left) and Jimmie Williams (right). (Photo courtesy of Urban Roots.) Jimmie Williams, owner of social enterprise landscaping and snow removal firm Urban Roots , had his most successful year ever last year. He used that success to hire additional employees and to increase the company’s wages from minimum wage to prevailing wages. “It was really, really humbling to be able to offer our employees – mostly people from underserved communities – a livable wage,” he said. It’s not the first time Williams and his wife Tiffany have used their South Side business to give back to the community. The pair, who have participated in the Polsky Center’s Small Business Growth Program , have a mission to mentor youth and returning citizens – those re-entering society after incarceration – in underserved communities and provide them with steady employment. They have organized Earth Day events at local schools and have helped employees with everything from opening a bank account to learning how to read. “Our brand promise is that we’re committed to improving the economic landscape in underserved communities,” Tiffany Williams said. “We employ, educate and empower our employees.” This dedication is personal for the childhood […]