Tue.Jun 18, 2024

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Netherlands advanced: Building a future labor market that works

McKensey

The Netherlands has high ambitions for living standards, housing, healthcare, education, and the environment, requiring higher productivity growth through technology and a “train of job transitions.

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US Justice Department Sues Adobe for Deceiving Consumers by Hiding Early Termination Fee

Spiceworks

The US Justice Department has sued Adobe for deceiving users by hiding the early termination fee and making it difficult to cancel subscriptions. The lawsuit claims that the company pushed its users toward the “annual paid monthly” without notifying them that canceling the plan within the first year would cost them huge amounts of money. Learn more.

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Advanced semiconductors for the era of centralized E/E architectures

McKensey

Next-gen automotive E/E architectures require sophisticated centralized compute units to cope with increasing feature needs. Fusion chips and chiplet-based designs are potential enablers.

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Generative AI could rewrite history, including that of the Holocaust

Workplace Insight

A UNESCO report published today warns that unless decisive action is taken to integrate ethical principles, AI could distort the historical record of the Holocaust and fuel antisemitism. The report cautions that not only can Generative AI enable malicious actors to seed disinformation and hate-fueled narratives, but it can also inadvertently invent false or misleading content about the Holocaust.

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A radical approach to cost reduction at climate tech companies

McKensey

The single most effective way for companies to scale climate technology is to aim for cost parity with carbon-intensive alternatives.

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Social Media-Contributed Mental Health Crisis Among Youngsters Is an Emergency: Surgeon General

Spiceworks

Social media platforms have been criticized for contributing to mental health issues in children and teenagers. Now, Vivek H. Murthy, surgeon general of the United States, has called it an emergency and called for immediate action. The post Social Media-Contributed Mental Health Crisis Among Youngsters Is an Emergency: Surgeon General appeared first on Spiceworks Inc.

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Prescription Drugs: The Hidden Costs to Health and the Planet

Mad in America

A ccording to the IQVIA Institute report, “The Use of Medicines in the U.S. 2024,” healthcare visits, procedures, tests, and vaccinations decreased but the number of new prescriptions saw a 3% increase. Pharmaceutical spending in the U.S. is expected to increase by 127 billion dollars by 2028. This is thought to be due in part to advancements in medicines for cancer and diabetes treatments, among others.

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Two in five people say they aren’t paid enough to make ends meet

Workplace Insight

A new report from Indeed , released two weeks ahead of the UK General Election, suggests that more than 2 in 5 (42 percent) Brits are struggling to make ends meet. According to the survey of over 2,000 British people, those in the North East of England feel most comfortable, with less than a third (32 percent) struggling, while almost half (48 percent) of those in Scotland say their pay isn’t keeping pace.

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4 reasons that reading for pleasure can make you a better person

Work Life

Summer is here. At some point, you may find yourself on vacation, sitting by a pool on a weekend afternoon, in a chair on the porch, or lying on a towel on a sandy beach. In those moments, put down your phone and pick up a book (or perhaps an ebook, but preferably on a device that isn’t your phone). Read something you’re going to enjoy. Don’t select your reading based on what you believe you should be reading.

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RSM Offices – Austin

Office Snapshots

The City of Austin, Texas, is known for its vibrant music scene, its quirky aesthetics, and its patio culture, with much of residents’ time lived outdoors. A simply scripted “I love you so much” painted on a building was made famous by Instagram, with residents and visitors alike stopping to take photos of it. Even through the heat of summer, you’ll find people outdoors, walking their dogs through downtown or gathering outside at local eateries.

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Why work should make you less lonely

Work Life

The companies that excel in the next ten years will be those that support their team members’ social health. On average, Americans spend more than 90,000 hours working over their lifetimes. If you have a team or go into an office, that’s a lot of time with coworkers—probably more than you spend with most of your friends and family. If you work solo or remotely, that’s a lot of time alone.

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LinkedIn Offices – Toronto

Office Snapshots

LinkedIn’s new Toronto headquarters proved a remarkable opportunity to design a workplace at a pivotal moment (in the heart of a global pandemic) in one of the most important multicultural global cities. The result is a stunning space that pays homage to its home city while establishing a bold vision for the future of work. An ecosystem of connections, the workspace is designed to be exceptionally adaptable and nimble to empower different teams, technologies and work styles long into the future.

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Securing competitiveness in India’s chemical industry

McKensey

Boosting competitiveness could help chemical companies in India navigate global headwinds and shape a trillion-dollar chemicals market by 2040.

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3 ways to cope with outdoor work during a heat wave

Work Life

It’s hot and getting hotter for workers and everyone else outdoors as the first significant heat wave of the year makes its way eastward across the United States. More than 70 million people were under extreme heat alerts Monday. What’s more, the heat will move in and sit. Excessive humidity will make it feel even more oppressive. “The duration of this heat wave is notable and potentially the longest experienced in decades for some locations,” the National Weather Service

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Accelerating permitting to help achieve US clean-energy goals

McKensey

Permitting can be a major barrier to achieving ambitious clean-energy goals. Some states are acting as laboratories, experimenting with strategies that could be examples for other states.

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Workplace conflict leads to poor mental and physical health

Workplace Insight

People who experience conflict in the workplace have lower job satisfaction and are more likely to experience poorer mental and physical health, according to the CIPD Good Work Index 2024. The CIPD’s latest report showed a quarter (25 percent) of UK employees – an estimated eight million people – have experienced workplace conflict in the past year.

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The McKinsey Crossword: Eponymous Sports Terms | No. 185

McKensey

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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UK continues to trail behind in business investment. Incoming government won’t solve that

Workplace Insight

A new report from the Institute for Public Policy Research (IPPR) says that the UK holds the lowest investment rates among G7 nations. The data indicates that for the third consecutive year, business investment in the UK has lagged behind its G7 counterparts. The nation also ranks 28th out of 31 OECD countries, trailing behind economies such as Slovenia, Latvia, and Hungary.

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Forecasting Financial Results for a Start-up Business

Thrive Workplace

Atlas Navigators, LLC Guest Contributor There’s a bright side to today’s unprecedented market conditions: Agile people may discover opportunities to start new business ventures. Start-ups need a comprehensive business plan, including detailed financial forecasts, to drum up capital from investors and lenders. Entrepreneurs may also use forecasts as yardsticks for evaluating and improving performance over time.

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Getting the Scoop on Survey Questions

Sonic Boom Wellness

Crafting killer survey questions is a bit like brewing the perfect coffee — both need the right blend of elements. Want to tap into what people really think? You’ve gotta ask the right way. Here’s how to whip up some snappy, unbiased questions that’ll get you the answers you actually need. Survey Magic: Quick Tips for Crafting Questions That Work Keep it snappy.

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Thrive Tribe Tales | Start Talking

Thrive Workplace

Mark Nolte, Founder & CEO Start Talking Thrive Ball Park www.starttalking.io THRIVE: What is Start Talking? MARK: Start Talking offers behavioral health therapy services to Employee Assistance Programs (EAP) clients for their employees using teletherapy. We make it easier and more accessible for our patients to get the behavioral health therapy they need by using our HIPAA compliant and encrypted video platform for teletherapy.

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Leaders are forgetting about this $30 billion problem

Work Life

Throughout my career, I’ve seen how the institutional knowledge someone holds can be regarded as key to their job security. It’s often considered an insurance policy of sorts, a reason to be kept around. This perception means that when it comes to documenting and reporting knowledge, people only share the bare minimum. And most of what they know leaves the organization when they do.

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No Longer Optional: Digital Communication in the Workplace

Yarooms

Digital communication has completely transformed the modern workplace. Think back to the early days of office technology with the humble typewriter and the mechanical calculator. These tools paved the way for the innovations we see today – and there are plenty of them!

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Unlimited PTO: Is It Too Much of a Good Thing?

Success

As a kid on Halloween night, if you approached an unattended candy bowl on someone’s porch stoop, how much would you take? Would you first look around to see how much others were taking—and would that impact your choice? If you could take all of it, would you? Would that cause a stomachache or other ramifications? Or would it just be amazing? The same dilemma, with much less sugar, applies to the trending concept of giving employees unlimited paid time off (PTO) as the future of work and workpla

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Pregnant workers who need time off finally have strong protections

Work Life

After over a decade of advocacy , the Pregnant Workers Fairness Act (PWFA) was finally enacted into law in late 2022, with the intent of securing workplace protections for pregnant workers and shielding them against discrimination. While the law took effect last year , the Equal Employment Opportunity Commission (EEOC) had yet to issue its final guidance on how the agency would interpret and enforce the PWFA.

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AI is revolutionizing the market research industry. Here’s how—and why

Work Life

In a groundbreaking shift for the marketing world, artificial intelligence (AI) is granting professionals a power previously out of reach—the ability to deeply understand the elusive “WHY” behind consumer behavior and feedback. This significant advancement in AI technology means marketers can now review and digest vast amounts of qualitative data, processing thousands of responses with precision to not only expose comprehensive insights but also strategically arrange them.