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Leadership News
Leadgrowdevelop
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Uncover the Working Capital Fund Needed for Starting Cannabis Farming
- The global cannabis cultivation market is expected to reach $2,903.64 billion by 2034, indicating the increasing acceptance and legalization of cannabis.
- Starting a cannabis farm requires careful budgeting and consideration of various factors including land and preparation, seeds or clones, labor costs, equipment and supplies, utilities, licensing and permits, and marketing and sales.
- Creating a detailed business plan is crucial to outline financial projections and business operations, including operational procedures, market analysis, sales strategies, and realistic timelines for revenue streams.
- Finding financial assistance through small business loans, grants, investors, or crowdfunding is important in setting up a successful cannabis farm.
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15Five
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The Best Moments from Thrive 2024
- Thrive 2024, one of 15Five's biggest events of the year, gathered over 1,000 HR leaders, people managers, and industry leaders virtually for exploring the future of performance management and strategic HR.
- HR leaders face increasing pressure to drive measurable business impact while building human-centered workplaces. Thrive showcased how leading organizations are achieving both.
- The event’s theme, The Predictive Era of Performance Management, sparked conversations around AI, manager enablement, and creating workplaces where people and businesses thrive together.
- Tools such as 15Five Predictive Impact Model help HR leaders predict potential issues before they impact the bottom line.
- Maya Vasser from Call Rail, highlighted the value of enabling managers with data; allowing them to be more attuned to what matters most to their teams, leading to higher satisfaction and better outcomes.
- Deanna Marsigliese, an Animation Art Director at Pixar, advised HR Leaders to build similar spaces for creative, safe environments by encouraging collaboration, minimizing judgment, and celebrating new ideas.
- CEO Risha Grant delivered a powerful keynote that explored the challenges of advancing diversity, equity, and inclusion. Grant discussed the real barriers companies face, like fear of backlash, tokenism, and failure to follow through on commitments.
- Former CFO Sayle Hutchison provided practical advice for HR Leaders looking to justify investments in people programs: understanding metrics and communicating them effectively to finance teams.
- Thrive 2024 highlighted HR leaders' role as the lifeline that people turn to in times of crises, guiding organizations back to stability and strength and being the strategic partners that leadership teams depend on.
- Stay tuned for Thrive Encore to watch the sessions on demand that you might have missed during the event.
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Medium
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Why you need a Director of Strategy Analytics
- Many organizations face a disconnect between high-level corporate strategy and day-to-day operations.
- In B2B, there is often a lack of formal link between corporate strategy and departmental strategies.
- Departments are provided with KPIs/Goals to align their efforts with the corporate strategy.
- KPIs help balance the tension between autonomy and alignment in decision-making.
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Dev
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A Comprehensive Guide to Starting and Maintaining Customer Support for Small Businesses and Freelancers
- Customer support is a necessity for small businesses and freelancers to foster loyalty and set you apart from your competitors.
- Customer support plays a pivotal role in your business's long-term growth and provides a competitive edge in saturated markets.
- Good customer support is essential for building long-term relationships, increasing customer satisfaction, and attracting new customers.
- Customer support is a legal obligation in some countries, and it’s essential to understand these obligations to remain compliant and build customer trust.
- Building trust, fostering loyalty, and providing exceptional customer support is the backbone of any business.
- This guide focuses on the unique challenges and solutions for providing customer support in the realm of virtual, digital, and online products.
- Understand the types of customer inquiries and handle them effectively, even if you’re a one-person operation.
- Empower your support team with essential skills like active listening, clear communication, empathy, and patience.
- Regular updates, feedback loops and understanding customer inquiries are necessary for maintaining customer support.
- Embrace customer engagement and avoid misinterpretation to ensure customer satisfaction and drive business success.
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Hackernoon
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Unpacking Soft Power Dynamics
- Soft power operates through intangible and indirect means like cultural appeal, governmental policies, or ideological alignment.
- Soft power co-opts instead of coercing, and shaping the preferences of others through appeal and attraction rather than through coercion or payment.
- Soft power is defined as the ability of a country to get other countries to want what it wants.
- Soft power involves building favorable perceptions and relationships, promoting cultural and ideological values, and having capabilities for diplomatic networking among other factors.
- Soft power has limitations such as being less tangible and direct, not guaranteed outcomes, and dependence on target audience receptivity.
- Joseph Nye suggests the most effective approach to foreign policy in the 21st century is a mix of hard and soft power, also known as smart power.
- Smart power is a strategic combination of hard and soft power resources in the new context of power diffusion.
- The balance between hard and soft power mechanisms can be challenging to integrate, as they often clash.
- In Romania, the union of Wallachia and Moldova was achieved not through soft power alone, but strategic blend of legal maneuvering, international support, and military actions.
- Overall, while hard power may assert authority, it lacks the galvanizing effect of soft power, although there is only so much soft power can do on its own.
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Salesfuel
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SMBs Ramp Up Local Marketing Tools for New Year Success
- Small and medium-sized businesses (SMBs) need to focus on local marketing tools to promote their offerings and meet sales goals.
- Keeping advertising efforts consistent drives growth and increases brand exposure.
- Direct mail is an effective way to reach local consumers, with 72% regularly reading direct mail ads.
- Multichannel marketing campaigns are essential for SMBs to diversify their ad messages and reach their target audience.
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Medium
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The Effects of Global Sanctions on Iranian SMEs: A Perspective from the C-Level
- Sanctions often hinder innovation, isolate talent, and create unnecessary barriers for entrepreneurs striving to contribute to the global economy.
- Sanctions have restricted Iranian SME's access to global markets and businesses struggle to secure international payment gateways to facilitate transactions.
- Iranian talent faces barriers that prevent them from contributing to international markets.
- Sanctions limit SMEs' access to essential tools and resources. While this has fostered creativity and resilience, it also slows progress and prevents SMEs from competing on a level playing field.
- The burden of economic instability, reduced opportunities, and inflation caused by sanctions falls disproportionately on ordinary people and SMEs.
- The author argues that sanctions, if used at all, should be precise and targeted, focusing on specific entities or individuals involved in problematic activities.
- Targeted sanctions reduce harm to innocent businesses and individuals, foster mutual understanding and economic interdependence.
- By lifting these restrictions and adopting a more targeted approach, the international community can empower Iranian entrepreneurs to contribute to a more connected, prosperous, and peaceful world.
- Iranian SMEs are not threats—they are assets. By supporting these businesses and enabling them to connect with the global economy, we can create opportunities that benefit everyone.
- The author believes it's time to build bridges, not barriers, and that a targeted approach to sanctions enables positive change, encourages innovation and growth, and minimizes collateral damage.
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Medium
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Revolutionizing Startups in Iran: The Unidooni.com and Kaaremone.com Story
- Unidooni.com is a platform that allows students to apply for global academic institutions regardless of where they come from. It allows students to access top-notch educational institutions worldwide and offers scholarships and end-to-end support to students in their application procedure.
- Kaaremone.com provides job opportunities to users and ensures they migrate legally by providing guidance on visas, work permits, and compliance with international regulations. The platform helps employers tap into diverse talent pools and fosters inclusivity.
- Utilizing AI and automation to scale up and empower students, professionals across the globe has made Iranian startups achieve great things by breaking stereotypical perceptions, fostering connectedness, and offering seamless ecosystem services to Frada Enterprises users.
- Operating under sanctions and economic constraints, Frada Enterprises has been constantly innovating while adhering to international standards. The Frada supply chain of services includes; Frada Language Academy, Frada Business Developers, and Frada Digital Marketing Agency.
- Frada Language Academy equips students and professionals with skills that are indispensable for global success. Frada Business Developers provide strategies that foster growth and scaling for startups and small businesses, and the Frada Digital Marketing Agency provides marketing solutions that amplify the reach and impact of every venture.
- Unidooni's AI Apply Engine and Kaaremone's AI Job-Seeking Engine has empowered thousands of students and job seekers to gain access to the best opportunities worldwide. Furthermore, Frada Business Developers has helped dozens of startups launch successfully in their respective fields.
- As Unidooni and Kaaremone expand, the team aims to integrate more AI capabilities, enhance platforms with advanced analytics and personalization features, partner with more institutions and employers worldwide and extend their reach to regions facing similar challenges.
- Founder Mohammad Hossein Jahanshahi is dedicated to empowering individuals through online education, career development, and innovation, proving that success is achievable despite challenging norms.
- Overall, Unidooni.com and Kaaremone.com are global symbols of what's possible when innovation meets determination. The brands represent a transparent supply chain of services created by Frada Enterprises, offering life-changing opportunities to countless individuals globally.
- Unidooni and Kaaremone showcase the talent, resilience, and innovation of Iranian entrepreneurs and professionals, breaking stereotypes and fostering global connections.
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Hrdive
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Jury delivers $2.17M judgment against SkyWest Airlines for sex discrimination
- SkyWest Airlines has been ordered by a Texas jury to pay $2 million in punitive damages and $170,000 for emotional harm to a female employee who alleged sexual discrimination, retaliation, and a hostile work environment.
- The verdict is the largest jury trial award ever obtained by the U.S. Equal Employment Opportunity Commission (EEOC) in the Northern District of Texas, although it was reduced to $300,000 due to statutory caps on damages.
- The employee filed a complaint stating that she faced various forms of sexual harassment including comments, jokes, and gestures. After reporting the issue to her supervisor, she faced warnings and was placed on administrative leave.
- The jury found SkyWest Airlines guilty of maintaining a hostile work environment but did not agree with the allegations of retaliation made by the EEOC.
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Hrdive
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Waffle House claims NLRB process is unconstitutional
- Waffle House is suing the National Labor Relations Board, arguing that their administrative law process is unconstitutional and denies due process.
- Waffle House claims that the insulation of administrative law judges and board members from removal for reasons other than misconduct renders the board's structure unconstitutional.
- Several other employers have challenged the NLRB's structure in court, while challenges to individual NLRB rules have largely succeeded.
- If Waffle House's lawsuit is successful, it could give the president broader discretion over the operations of the board and cast the NLRB's process for resolving unfair labor practice charges into uncertainty.
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Hrdive
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Musk, Ramaswamy suggest federal RTO to spur ‘voluntary terminations’
- Elon Musk and Vivek Ramaswamy suggest a return-to-office mandate for the federal workforce to cut costs and reduce the size of the federal government.
- Musk and Ramaswamy believe that requiring federal employees to come to the office five days a week would lead to voluntary terminations.
- They argue that federal employees who don't want to show up should not be paid for the privilege of staying home during the Covid-era.
- If implemented, more than 1 million telework-eligible federal workers could be affected.
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Medium
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Entrepreneurship as a Pathway to World Peace: Lessons from the Third World
- Entrepreneurship in the Third World can be a catalyst for peace and progress.
- Economic stability is crucial for peace, and entrepreneurs can create jobs and stimulate local economies to reduce conflict.
- Entrepreneurs who prioritize inclusion and diversity can challenge stereotypes and foster understanding among different cultures and communities.
- Empowering women and marginalized groups through entrepreneurship promotes equity and builds trust and solidarity.
- Leveraging technology connects entrepreneurs from the Third World with global opportunities, fostering global understanding and peace.
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Medium
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Above the Line Leadership: A Transformative Framework for Product Management
- Above the line leadership is described as rooted in openness, curiosity, and a commitment to learning, while below the line leadership stems from fear, defensiveness, and a fixed mindset.
- This framework can transform how we lead and manage products and teams, allowing product managers to embrace above the line leadership to elevate their impact.
- Above the line leadership embodies qualities like curiosity, responsibility, and intentionality, while below the line leadership operates from fear, blame, or autopilot.
- Recognizing where you stand at any given moment is the first step toward change, and leadership isn't about perfection, but progress.
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Hrdive
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What employers should know now that the 2024 overtime rule is vacated
- The 2024 overtime rule, which raised the threshold to $43,888 on July 1 and would have raised it to $58,656 on January 1, has been vacated by U.S. District Court Judge Sean Jordan.
- It's unlikely that the U.S. Department of Labor (DOL) will appeal the decision as the outcome is unlikely to change in the conservative 5th U.S. Circuit Court of Appeals.
- Employers who made classification or wage changes in July to comply with the now-reversed rule may not need to take any immediate action, as lowering salaries back down could have negative employee relations implications.
- Employers can shelve plans to reclassify employees or change salaries in January, as the rule was vacated well ahead of time and organizations were likely prepared for this outcome.
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Medium
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Revolutionize Your Workflow with ALPHA-AI: The Ultimate AI-Powered Visualization Tool
- ALPHA-AI is an AI-powered visualization tool designed to streamline workflow creation and data visualization.
- It integrates effortlessly with popular tools like Excel, Google Sheets, Figma Jam, Trello, and Jira.
- ALPHA-AI evaluates, analyzes, and adapts data, providing insights and saving time.
- Experience the future of productivity and join the ALPHA-AI revolution at ai-alpha.tech.
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