Tue.May 28, 2024

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Model makeover: Turning a telco into a customer-centric techco

McKensey

Telcos can unlock significant value by becoming truly customer-centric enterprises, but it will take a new operating model enabled by a mindset shift and expanded capabilities.

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Electric arc furnaces could turn old concrete into zero-carbon cement

Workplace Insight

Concrete and steel production are major contributors to global CO2 emissions, but a new technology from Cambridge University offers a promising solution: recycling both materials simultaneously. This innovative process involves using old concrete in steel-processing furnaces to not only purify iron but also generate “reactivated cement” as a by-product.

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Talking innovation in video games with Electronic Arts

McKensey

EA’s chief strategy officer, Mihir Vaidya, discusses the challenges of innovating at the intersection of art, entertainment, and technology.

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Rigid return to office mandates and fixed places of work are backfiring

Workplace Insight

A new study by Great Place To Work claims that obliging employees back to the office with so-called return-to-office mandates and restricting their choice of work location can have negative consequences for the business. The report based on a survey of 4,400 US workers, claims to reveal a strong correlation between work location flexibility and positive employee experiences.

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Need a Mental Health Day? Look for These Signs

Success

We live in a “hustle” culture where productivity is the goal. Yet it’s estimated that more than 1 in 5 U.S. adults experience mental health issues—struggles that can show up in a variety of different forms. Anything from negative self-talk, an eating disorder, not wanting to get out of bed in the morning, depression or everyday anxiety can impact daily life.

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Gen AI’s second wave

McKensey

Generative AI is here to stay. As the novelty wears off, companies must figure out how to implement the technology to create real value. Here’s how they can start.

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How Coworking Supports a Healthy Work-Life Balance

Launch Work Places

Updated: May 28, 2024 Work that challenges you without all the stress, mental energy for hobbies and pastimes, and a flexible schedule that offers enough time with your loved ones. That’s the dream work-life balance we all want—right? Many professionals are searching for that elusive “balance” to find happiness and fulfillment in their day-to-day lives.

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12 Lessons From 'Atomic Habits' to Boost Employee Well-Being

Total Wellness

If you’re looking to make your workplace a healthier, happier place, you've got to check out Atomic Habits by James Clear. This book isn’t just a guide; it's a game-changer for anyone interested in personal and professional growth. Atomic Habits is not your ordinary self-help book that you read once and forget. It's a book that's not just read but lived.

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It’s time to admit that Gen Z is right about sleep

Work Life

Sacrificing sleep has become a dangerous way of life. Yet, in workplaces and on TikTok, Gen Z is pushing back. For years, “I’ll sleep when I’m dead,” has been a cultural mantra shaping our way of life. In fact, it’s so prevalent that it’s the title of countless articles, songs, and even a movie. The scary truth is that, for many, it’s not just a pithy phrase.

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Euler Hermes Offices – London

Office Snapshots

We created a bold and brave scheme for Euler’s new head office in Canary Wharf to represent Euler’s values; “Be Bold” and “Confidence in tomor-row”, Our concept “A journey to the future” was born to represent Euler’s brand and culture. The shapes meet with bold colours to create a memorable experience. The reception rep- resents a “gateway to the future” an experience brought to life through the use of bold shapes, colours and the well thought-through use of lighting to create a first impression

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AIA’s Lee Yuan Siong on building success for the long term

McKensey

AIA group chief executive and president Lee Yuan Siong lays out why he’s optimistic about the Asian insurance market, what makes AIA unique, and his view of what makes a good leader.

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Tech firm settles after worker posts ‘whites-only’ job listing

Work Life

A northern Virginia tech company is paying $38,500 to settle claims that it discriminated by posting a job listing seeking white, U.S.-born candidates for an opening as a business analyst. The Justice Department announced Thursday that it had reached a settlement agreement with Arthur Grand Technologies, an information technology firm in Ashburn, Virginia.

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The McKinsey Crossword: Getting Metal-Physical | No. 182

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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Anne Mahlum Turned $175K Into More than $88 Million. Here Are Her Tips to Scale Your Business

Success

If you learn one thing from Anne Mahlum’s eight-figure success with Solidcore, make it this: Your relationship with money could be holding back your business. If you have a scarcity mindset rather than trusting yourself to go out and make more funds when you need them, it’s going to be hard for you to scale up as an entrepreneur. Also, if you’re micromanaging your talent instead of trusting them, you’re wasting your time.

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Hart Inc. Offices – Toledo

Office Snapshots

Looking to move downtown from the suburbs, Hart Inc chose to renovate 20,000sf over two floors of the existing Hylant Building tower. To create a more connected employee experience, The Collaborative designed a new internal stair for a more open communication environment. The open stair is both a physical connection as well as an opportunity for employees to see and talk between floors.

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Personalizing Wellness: How to Tailor Corporate Wellness Strategies to Meet Employee Needs

CoreHealth Workplace Wellness

As more and more businesses begin to prioritize employees’ health, they’re realizing that workforce wellness directly impacts productivity, job satisfaction, engagement, and retention rates. However, employers are also recognizing that to meet the diverse needs and preferences of their employees, a traditional one-size-fits-all approach will not suffice.

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Getting it right: MLOps in energy and materials

McKensey

Machine learning models in energy and materials have potential, but they can also create risk. An integrated approach can avoid negative downstream impact while increasing efficiency.

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Since the pandemic, people now work six fewer months over the course of their lives

Workplace Insight

As the UK government warns that the state pension age might need to rise, a new report from the the International Longevity Centre UK (ILC) claims that, between 2019 and 2022, people’s work span in the UK fell by 6 months. The report argues that, to enable more people to stay healthy and be in work for longer, the next government should invest more in preventing ill health, supporting people to stay in work and building healthier behaviours.

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Türkiye’s sustainability transformation: The net-zero opportunity

McKensey

Türkiye’s journey to net zero could bring significant change to the country’s economy, presenting challenges yet revealing new opportunities, such as reducing trade deficit and reliance on energy imports through the use of Türkiye’s full renewables potential.

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Losing You by Alshaad Kara

Mad in America

If destiny had a choice, Sufferings would not be chosen Yet the pain is a consistent Dream that refuses to elope With the night. Strength comes from weakness Blossoming as a laceration Which never heals Despite being wounded. The central nature of life Embodies silence In its concealing voice. Thoughts are burnt With a forgetful tone Unable to challenge The intrinsic love Brought forward.

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How Coworking Supports a Healthy Work-Life Balance

Launch Work Places

Updated: May 28, 2024 Work that challenges you without all the stress, mental energy for hobbies and pastimes, and a flexible schedule that offers enough time with your loved ones. That’s the dream work-life balance we all want—right? Many professionals are searching for that elusive “balance” to find happiness and fulfillment in their day-to-day lives.

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Two-thirds of menopausal women say they face workplace discrimination

Workplace Insight

A new survey claims that over two-thirds (69 percent) of people in the UK believe women face discrimination at work when going through menopause. According to the Faculty of Occupational Medicine, almost 8 out of 10 menopausal people are in work. Forth , which provides hormone tests for women surveyed over 2,000 people to reveal attitudes towards discrimination against women with menopause in the workplace.

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Why “Culture Fit” Matters When Hiring Employees

Fellow

When searching for the right candidate to hire, you often keep their technical and interpersonal skills in mind. But a good culture fit is equally important—for both parties. Culture fit is what makes new hires feel connected to their workplace since values and expectations align. And if everyone hired “fits,” you create a cohesive group of people who live by your company’s core pillars (such as transparency, teamwork, and respect).

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Decision-Making in the Dark? Why Leaders Should Not Overlook Data in Return-to-Office Planning

Yarooms

Imagine a workplace where employees are happier, more productive, and passionately loyal to their employers. This isn't a futuristic fantasy—it's the present reality for companies embracing hybrid work models. Yet, despite a mountain of data showcasing these benefits, many leaders are “dragging” their employees back to the office. Why are they making decisions in the dark?

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Privacy in AI Meetings: 7 Best Practices To Stay Safe

Fellow

Before AI-powered notetakers, manual notetaking meant participants scribbled down or frantically typed out details, diverting their attention and decreasing comprehension. Now, AI automates tasks like transcribing, recording, and scheduling, allowing everyone to focus on the conversation. Despite these advantages, privacy in AI meetings remains a concern, bolstered by cases where enterprises like Zoom and OpenAI lose credibility over unclear data use.

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Two-fifths of people have their time at work strictly monitored

Workplace Insight

A controlling and inflexible leadership style is making UK employees feel powerless and devalued, according to a poll. The findings suggest that 41 per cent of U.K. employees have their working time strictly monitored with 39 per cent admitting that leaders are always watching whether they’re on task during work hours. Around 53 per cent say they are given freedom in how they accomplish their work, and when workplace flexibility is provided, it’s all too often given to a limited number of job ro

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New Hire Orientation: 12 Fun Ideas To Get Staff Started

Fellow

After weeks of evaluating and interviewing job candidates, you’ve found the best fit. Now it’s time to acclimate them to the company culture and processes. To do this, you need an exceptional new hire orientation plan. Orientation typically includes tasks like addressing HR paperwork, clarifying company policies and job expectations, and introducing new coworkers.

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‘The Big Stay’ – it’s time to invest in employees, not to cut costs 

Workplace Insight

The Great Resignation is over. That’s according to the latest Labour Market Outlook report from the CIPD, as reported by Workplace Insight. But we could have told you this was simply a post-Covid correction in any case. Data from the report shows 55 percent of employers are looking to maintain their current headcount, while analysis of turnover from the ONS Labour Force Survey points to lower staff attrition in 2024.

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Hybrid Versus Remote Work: Which Is Better For Your Company?

Fellow

Not long ago, water cooler chatter and shuffling papers characterized a typical workday in most offices. But today, you might be reading this on the couch instead of sitting through the morning commute—remember those? Even if your team comes to the office a few times a month, they’re likely handling Zoom, Google Meet, or MS Teams calls and Slack messages from the comfort of their home a few days a week.

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What Effects Do Stereotype Threat and Lift Have Today?

I/O at Work

New research finds that stereotype threat and lift may not play a pivotal role in real-world, high-stakes contexts.

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17 Essential Soft Skills for Effective Leadership

Fellow

As important as technical skills are, they’re not the only qualities that make someone an excellent leader. Soft skills like conflict resolution and empathy empower executives to navigate challenges, inspire teams, and drive organizational success. Read on to discover the soft skills every leader should develop to effectively guide their team. Why are soft skills important for leadership?

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The Truth About Autonomous Buildings

fm:systems

Discover how ML and AI-driven technology create efficient, cost-effective and adaptive smart buildings.

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Is the MOCHA Project Management Model Right for Your Team?

Fellow

Unclear role designations often lead to misunderstandings and task overlap during a project’s execution. The MOCHA model is a role clarification framework that ensures everyone knows what to work on and who to contact for questions and approval. Read on to discover why MOCHA project management might be the change your team needs to improve project outcomes, collaboration efforts, and cross-functional communication.

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Mental and physical health equity: A ‘medical civil right’

McKensey

The Honorable Patrick J. Kennedy strives to ensure resources for the prevention, treatment, and recovery support of mental health conditions are on par with those for other chronic illnesses.

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Why your ‘open-door’ policy isn’t enough

Work Life

At the end of a workshop about cultural preferences in the workplace, a team leader in a global pharmaceutical company told me: “I operate with an open-door policy,” and confessed that he sought to keep an open, democratic approach for everyone on his team. However, he was disappointed that some team members rarely took the initiative to speak with him about an idea or provide an innovative point of view.

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Stakeholder Management Strategies for Better Relationships

Fellow

Meeting every stakeholder’s needs is challenging. Luckily, it’s not a requirement of effective stakeholder management. Instead, the goal is to align everyone involved with what’s feasible, offering assurance that any compromises made positively contribute to project success. Read on to discover stakeholder management strategies that encourage support from teammates and external parties for the goals you can achieve.