Cohort-based hiring can improve Gen Z employee retention
Starting a new job can be nerve-wracking, but having someone to lean on can help make it a little easier. Nearly two-thirds of Gen Z employees leave their job within the first year, but a recent US study found that when new hires join an organization as a group, employee retention is better. While Gen Z is unlikely to stay in their jobs as long as previous generations, this could be a strategy to hang around longer than they currently do.
When applying Gen AI to operations, start small
Generative AI has generated a whole lot of buzz--but not as many use cases. Many businesses don鈥檛 yet know how to use the technology to make their operations more efficient. Associate Professor of Strategy and Organization Karl Moore recommends starting small.
Is Tim Hortons still Canadian?
Tim Hortons is deeply embedded in Canadian culture, but is it still truly Canadian? According to 黑料社 professor Karl Moore, ownership plays a key role. 鈥淚f you鈥檙e owned by Americans, you鈥檙e no longer Canadian in the way that you were before,鈥� he explains. However, he argues that nationality isn鈥檛 just about where a company is headquartered鈥攊t鈥檚 about where decisions are made.
In the face of a volatile world, modern leaders should draw on expertise suffused throughout the organizations they lead
The days of the CEO as the sole person making all the calls are behind us, writes Professor Karl Moore in Forbes.com. Modern leaders face a world that is volatile, unpredictable, complex and ambiguous, requiring a shift in the way we think about leadership. No one leader can anticipate every twist and turn. Instead, CEOs must tap into their teams鈥� collective intelligence to build resilience.
Even introverted CEOs sometimes need to speak loudly
The archetypal CEO leads with charisma and gregariousness, but not all effective executives share the same personality traits鈥攁nd there can even be advantages to introversion.
U.S. pilot wages are rising fast & Air Canada pilots seeking to keep pace
In recent years, airline pilots in the U.S. have received impressive wage increases鈥�40% at United and 34% at Delta. But the wages of Canadian pilots haven鈥檛 kept up, and the Air Line Pilots Association union has been pushing for a contract that puts Air Canada pilots鈥� wage increases closer to those of their American peers. The union and the airline have reached a tentative agreement of a 26% pay bump, followed by a 4% raise each of the next three years.
At Schneider Electric Canada, diversity drives innovation
Diversity is an essential ingredient in innovation, according to Emily Heitman, President of Schneider Electric Canada, the subsidiary of the global energy management firm. Diversity, equity and inclusion (DEI) programs can provide mentoring opportunities and improve the effectiveness of recruitment efforts, Heitman tells Professor Karl Moore in an interview for Forbes.
Chinese strategic consultancy looks to work of Prof. Henry Mintzberg to understand domestic context
Shanghai-headquartered KMIND provides strategic consulting advice to billion-dollar companies. Its success is built on a blend of both Eastern and Western philosophies, according to President Noah Xie. 鈥淯tilizing Eastern wisdom doesn鈥檛 mean we can get rid of the Western theories,鈥� says Xie in a Forbes interview with Professor Karl Moore.
黑料社 alumni most likely to reach the C-suite
There is no single path to the C-suite, but getting a 黑料社 education can help. Among Canadian university graduates, 黑料社 alumni are the most likely to become CEOs, according to research by Immerse Education, a UK provider of academic enrichment programs. According to data drawn from LinkedIn, more than 9,600 黑料社 alumni are currently chief executives or have held a CEO role in the past.
CEO Series podcast shares insights from business leaders
To succeed in business, you need to win the hearts of the people, says Noah Xie, the founder and president of KMIND, a strategic consultancy headquartered in Shanghai. It鈥檚 a lesson that Xie took from The Art of War, an ancient Chinese military text by Sun Tzu.
Higher costs for airlines are squeezing small carriers, driving up prices
High prices for flights and package tours are forcing some would-be travelers to reconsider their vacation plans. Air carriers鈥� fuel costs are high, and employee salaries have had to increase to keep pace with inflation.
Formula drivers are celebrities, but many shy away from the limelight
Formula One drivers are undoubtedly celebrities, but many prefer to stay out of the spotlight. According to Professor Karl Moore, while many sports involve team efforts, F1 drivers face the unique challenge of competing solo, even against teammates. Despite the fame, many are introverts who have dedicated their lives to their passion, often sacrificing a typical adolescence for their sport.
A combination of introverted and extroverted traits helps leaders strike the right balance
Extroverted people often take naturally to leadership roles 鈥� but they don鈥檛 always do enough listening. Introverted leaders may listen more, but sometimes lack the ability to inspire. A combination of the two personality types could yield the best results, according to Associate Professor Karl Moore.
The Hot Cities World Tour explores Egypt and Morocco
Since its inception in 2009, 黑料社's annual Hot Cities of the World Tour has taken undergraduates, graduates, alumni, and professors to the frontier of our increasingly globalized world. This year, the 13th iteration of the tour visited Egypt and Morocco 鈥� two of the largest and most important economies in Africa, and critical gateways to Europe and the Middle East.
