Chief executives of the world’s biggest firms left Davos on January 20th after a week of jaw-jawing in highish spirits. The mood at the annual gabfest was, if not upbeat, then at least no longer sombre. Behind closed doors, CEOs conceded that, although the war in Ukraine remains a humanitarian tragedy, the risks to the world economy look for now to be contained. Central banks have got serious about inflation. If a recession in America and Europe strikes, it should be manageable. The Chinese delegation sent the clearest signal in years that China is not just reopening after its harsh “zero-covid” regime but also reintegrating with the world. Globalisation may not be in the rudest of health, but news of its demise appeared, to the snow-swept bosses, exaggerated. Back on earth, things look dicier. “Earnings season is going to be the confessional event,” says Jim Tierney of AllianceBernstein, an investment firm, referring to the month or so when most companies report their quarterly results. The profits of America’s banking giants, which kicked things off in the past week or so, had fallen by 20% year on year. Investment bankers received a particularly severe drubbing, as dealmaking collapsed amid economic […]

Click here to view original web page at www.economist.com

The Middlebury Entrepreneurs class went to Burton to meet the snowboard company’s leaders and team members. Photo courtesy of Middlebury Innovation Hub Thirteen Middlebury College students are spending their January term learning about entrepreneurship from the Vermont Center for Emerging Technologies, a Burlington business incubator. To qualify, each student must have a business of their own to promote. About a third of the students in this year’s class are generating revenue already, according to VCET president David Bradbury. Bradbury and vice president Sam Roach-Gerber teach the course, which is in its ninth year. One of the students, James Heath, is building a website called Dormplex that allows students to offer goods and services to others on their campus. Heath, a sophomore, said Tuesday he and his partners planned to launch a beta version of the website this week at the Claremont Colleges in California before launching it at Middlebury in February. (One of his partners attends Pitzer College, one of the seven Claremont Colleges.) Heath said he hopes the class teaches him some of the foundations of building a company. As part of the course, students go on field trips and work on their business plans. They are taught […]

Click here to view original web page at vtdigger.org

HR will be central to success in the future of work. getty This is arguably the most challenging time—ever—to be in HR. It’s also the very best. With so many business issues driven by people, talent and workforce, the time is right for HR to finally have a seat at the table. But despite the obvious requirement for HR’s role to create and sustain a positive and productive future of work, it’s not automatic. Five shifts will pave the way for HR to have brilliant impact and to thrive. The good news is that 89% of CEOs say HR should have a central role in the business, according to new data from Accenture . The bad news is only 45% of CEOs say they are creating the conditions for HR to lead business growth successfully. Clearly there is room for improvement. 5 Shifts for HR Impact The opportunity facing HR is significant. #1 – Not Just At The Table, Embedded Throughout the Organization The mantra of HR for decades has focused on the desire and imperative to be at the table. And this makes perfect sense. After all, the ability to lead, influence, solve and support requires knowledge of […]

Click here to view original web page at www.forbes.com

Conscious leadership aims to bring focus to an ever-chaotic work environment. getty The constant contraction of jobs throughout the tech sector has many inside corporate America anxious over fears that other sectors may befall the untimely conclusion of hiring sprees post-pandemic. LinkedIn’s Workforce Confidence Index , released in late 2022, gathered data from nearly 900 million members to establish a baseline of current employees staring down the barrel of corporate volatility. Over 30% of respondents self-reported anxiety about their job status, fearing impending budget cuts to their respective departments could increase layoffs. Yet, running counter to the decisions of the c-suite are women in the workplace activating choice as a lever for future decisions. Mckinsey’s Women in the Workplace report (2022) found that over the last year, 29% of women have considered taking a less demanding position or leaving their current employer altogether . The convergence of professional, long term and substantive career certainty continues to be influenced by an index of opportunity or lack thereof. The McKinsey report identifies that the “broken rung” has remained unchanged over the last eight years. Compounding pressures between home and work for professional women continue to be negatively impacted by career diversions […]

Click here to view original web page at www.forbes.com

South Charleston Police are investigating a robbery at business.(Matt Lackritz) SOUTH CHARLESTON, W.Va. (WSAZ) -South Charleston Police are investigating a robbery at a business. Dispatchers tell WSAZ.com the robbery was reported just after 6:30 p.m. at a business in the 600 block of Short Street. A spokesperson for the South Charleston Police said a suspect brandished a knife at the employee demanding money. Officers said the suspect appeared to be a male wearing a mask. The incident remains under investigation by the South Charleston Police Department. This is a developing story. Keep checking the WSAZ app. Copyright 2023 WSAZ. All rights reserved.

Click here to view original web page at www.wsaz.com

Century 21 Marathon Real Estate’s new office is located at 77 West Main Street. After a successful seven-year stint running Marathon Real Estate with a virtual office, James Burton has established a more visible presence in town. Burton recently bought a Century 21 franchise and reformed his business as Century 21 Marathon Real Estate. He has opened an office at 77 West Main Street, taking the spot where Dynasty’s dining area had been located. “It was about growth — personally and professionally,” Burton explained. “As a top producer, you sort of top out if you don’t have a brick-and-mortar office, it makes it hard to recruit. So, to transition into more of a managerial role, this is what needed to be done. I needed the back-end corporate support and the brand name and some of the things that Century 21 offers.” The office opened last month, although Burton was still putting the final touches on it as of mid-January and recruiting agents whom he can mentor and develop. Burton said has been working in real estate since 2007, although, “I only started taking it really seriously around 2015 when I became a broker.” Prior to that, after graduating from […]

Click here to view original web page at hopkintonindependent.com

Ask any entrepreneur what their most valuable asset is, and ten out of ten will answer the same: time. You can’t buy more of it and try as you might, you can’t squeeze more of it into a day. But you can save time, which is why we’re introducing Entrepreneur Guide , a one-stop shop for all of your business needs. We’ve pulled together this heavily-researched compendium to help you make the best decisions for your personal and business finances. No more hours wasted shopping around — Entrepreneur Guide has expert-vetted and time-tested resources to build and manage your wealth quickly and efficiently. Entrepreneur Guide resources Best banking products : Low-interest loans, money market, checking and savings accounts, bank bonuses, and more Best side hustle ideas : Proven ways to make passive income or run a business during off hours Best mortgages : Most competitive rates to refinance or buy a new property Best investments : Expert guidance on navigating the markets Best loans : Personal loans for business and personal needs Best insurance products : Low-cost coverage for your home and business Daily updated trends and news Information equals power. Beyond tools and money-saving financial products, you will […]

Click here to view original web page at www.entrepreneur.com

Jan 23 (Reuters) – The likelihood that the United States is already in recession or will fall into one this year has dropped over the past three months to 56% from a nearly two-thirds possibility, according to a survey on business conditions released on Monday. Approximately 53% of those polled by the National Association of Business Economics (NABE) said they had a more than-even expectation the United States would enter a recession over the next 12 months, while 3% indicated they thought the country was already in one. In the NABE’s previous poll released in October, 64% of respondents indicated that the U.S. economy was either already in a recession or had a more-than-even likelihood of entering one in the next 12 months. A total of 60 NABE members who work for private-sector firms or industry trade associations responded to the latest survey, which was conducted from Jan. 4-11. The poll also showed respondents expected inflation to ease within their companies and industries, with a forward-looking gauge for prices charged falling by 10 percentage points since the last survey to the lowest reading since October 2020. Latest Updates The Federal Reserve is expected to raise interest rates by a […]

Click here to view original web page at www.reuters.com

U of Chicago tied for first place in the ‘U.S. News’ rankings of M.B.A. programs this year. (U of Chicago) The decision by some top law schools to exit the U.S. News & World Report rankings hasn’t led to anything similar among business schools (yet), but if it did, many admissions officers would welcome it, according to Manhattan Prep/Kaplan’s 2022 business school admissions officers survey. Among the admissions officers surveyed at 117 full-time M.B.A. programs across the United States, 37 percent believe that “business school rankings have lost some of their prestige over the last couple of years,” and 29 percent disagree with that point of view; the remaining 34 percent didn’t express one view or the other. Additionally, 34 percent of business school admissions officers “think it would be a positive development, for both business schools and applicants, for business school rankings to no longer exist,” while 30 percent disagree; the remaining 36 percent didn’t express one view or the other. These evolving views on the rankings come at a time of significant change in the M.B.A. admissions landscape, with business schools looking for ways to boost their application numbers and many continuing to remain test optional, a […]

Click here to view original web page at www.insidehighered.com

The logo of carmaker Volkswagen Commercial Vehicles is pictured at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer HAMBURG, Jan 23 (Reuters) – Volkswagen’s (VOWG_p.DE) energy and charging division is keeping all options open for the long-term structure of the business, including a possible listing, the division’s chief Elke Temme said in an interview with Reuters. The division, like all the carmaker’s unlisted brands and its battery business PowerCo, is going through the motions of preparing for a listing as a training exercise instituted by Chief Executive Oliver Blume after the carmaker listed sportscar brand Porsche (P911_p.DE) last year. The results of these exercises, which Volkswagen has dubbed ‘virtual equity stories’, will be presented internally on Thursday, an source who declined to be named told Reuters, with a view to sharing them externally at a capital markets day later this year. Temme, a former RWE executive who has led the carmaker’s energy business, said electric cars could help stabilise the large price swings in the electricity market by acting as temporary storage for the overcapacity of green electricity on the grid – known […]

Click here to view original web page at www.reuters.com