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Almost two-thirds of employees in the United States claim that the COVID-19 experience has driven deep reflection on their purpose in life. Nearly half said that they were reconsidering the kind of work they do. Millennials were three times more likely than others to say that they were re-evaluating work. By linking the workplace to the idea of...
In this episode of the Big Ideas podcast some of the big players in Australian business talk about the push for net zero emissions by 2050. Representatives from BHP, Coles, Fortescue and the Australian Industry Group explain their plans to...
In this episode of the Future Tense podcast Professor Simon Chesterman argues for a new global agency to regulate the development of artificial intelligence. One that would also ensure an equitable distribution of its benefits and...
Jeff Bezos has made a climate philanthropy pledge to spend US$2 billion on restoring natural habitats and transforming food systems in a speech at the COP26 conference in Glasgow. In his speech, Bezos also re-emphasised his earlier pledge for Amazon to reach carbon neutrality in 2040 and noted that the company...
Pfizer on Tuesday said it expected 2021 sales of the COVID-19 vaccine it developed with German partner BioNTech SE to reach US$36 billion and forecast another US$29 billion from the shot in 2022, topping analyst estimates for both years. The US pharmaceutical company said it is seeking to sign more vaccine deals with countries, which could...
This episode of The McKinsey Podcast explores how those in charge must adopt new ways of leading to keep the employees they have. The panel investigates how managers must actively change their leadership styles, focusing less on controls and more on culture and connections...
Last week, during a keynote presentation at Facebook’s annual virtual reality conference, Mark Zuckerberg appeared in a feature-length video detailing his plans for “the Metaverse”, an immersive digital world powered by his own products. In Zuckerberg’s imagined realm, humans will teleport across the globe in hologram form. Zuckerberg’s...
Adobe’s Content Authenticity Initiative is developing tools and standards that allow people to capture, store, and verify key details about a photo — its digital provenance — with an eye toward creating standards that can be used across the internet. Last week, Adobe announced that anyone with Photoshop can opt-in to creating content...
Some companies are clearing meetings out of calendars to boost worker productivity. Remote working has only exacerbated the problem of excessive meetings, with casual desk-side chats replaced by multiple Zoom calls. Analysis of employees' meeting invitations at 21,500 global companies by Harvard Business School reveals although meetings are on...
Leaders of the world's 20 major economies have approved a global agreement that will see the profits of large businesses taxed at least 15 per cent. It follows concern that multinational companies are re-routing their profits through low tax jurisdictions. The pact was agreed by all the leaders attending the G20 summit in Rome, and...