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Starbucks' New CEO Shares His Go-To Career Advice
- Brian Niccol, Starbucks' new CEO, known for reviving Chipotle and Taco Bell, offers classic career advice: believe in yourself and stay persistent.
- Despite facing challenges at Starbucks, including sluggish sales and increased competition, Niccol remains optimistic. He emphasizes the importance of trusting one's instincts, citing his own experience of shifting from Taco Bell to Chipotle as an example.
- Niccol, who will earn a $1.6 million base salary and commute from California to Seattle, is viewed as a potential game-changer for Starbucks. Analysts are hopeful that his leadership will steer the company back to success.
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Medium
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7 Game-Changing Habits of Wealthy Entrepreneurs You Need to Copy Now
- Efficient time management is a key habit of wealthy entrepreneurs.
- Wealthy entrepreneurs prioritize high-impact activities and outsource or remove low-value tasks.
- They have a long-term perspective and focus on building and preserving wealth.
- Strategy, discipline, and a commitment to long-term goals are important traits of wealthy entrepreneurs.
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Medium
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How to Get ChatGPT to Summarize an Article Fast
- AI chatbots like ChatGPT can help you summarize articles and long text for quick and digestible nuggets.
- ChatGPT uses a Generative Pre-trained Transformer model, boasting 1 trillion parameters and advanced language processing tech to generate accurate summaries.
- To get ChatGPT to summarize your article, visit the Open AI website and start by typing in a simple request.
- For longer articles, you'll want to highlight the key points or sections you're most interested in summarizing.
- ChatGPT might have questions or need clarifications to provide a better summary.
- Getting ChatGPT to nail the perfect summary is like guiding a detective through a complex case; it's all about giving the right clues.
- To help ChatGPT focus better, sprinkle key phrases throughout bullet points, so it knows which signposts to follow through.
- By engaging in successive rounds of conversation with GPT-4, you're refining your ideas through an interactive process.
- The 4,096-token limit requires refining the prompt and careful selection of key points to avoid hitting the wall at full speed.
- Crafting clear and precise prompts is essential for homing in on what matters most in your articles.
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3 Ways to spot a ghost job listing
- Vague Job Descriptions: Ghost listings often feature ambiguous job details and lack specific requirements, making it difficult to understand the actual role.
- Stagnant Listings: Roles that stay online for an extended period or never progress past the application stage might indicate a ghost job.
- Frequent Turnover: Positions with frequent updates or that appear to be always "coming soon" may be used to create an illusion of growth or meet legal quotas.
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‘Karma’: Indian Student Who Mocked Woman on LinkedIn Faces Her in Job Interview
- An IITian shared the story of an Indian student who mocked a woman on LinkedIn, calling her a "diversity hire," only to face her as his interviewer weeks later.
- The student had belittled her after requesting a referral, but karma struck when he realized she was conducting his interview. Despite the past, the woman didn’t let the previous interaction affect her decision, though the student was terrified.
- The story, shared by Pranav Mehta on X (formerly Twitter), highlights the importance of professionalism, as the incident gained widespread attention online.
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Medium
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How to Drastically Improve Your Programming Skills: 10 Essential Tips and Tricks
- Break down complex problems into small tasks for better manageability.
- Focus on one concept or tool at a time for better retention and understanding.
- Practice regularly and consistently to improve programming skills.
- Seek feedback from others to identify areas for improvement.
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Medium
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Is AI a Bubble or the Future? A Deep Dive into Its Economic Impact
- AI has the ability to assist and augment human labor in various industries such as marketing teams leveraging AI to analyze consumer data to call centers using chatbots, but can it replace a human touch across industries?
- The benefits of AI aren't distributed evenly as it saves an employee 2 hours a day by automating small, repetitive tasks, but companies have not seen large gains in their profit margins from AI’s current deployment as AI works best when applied with a focused, domain-based approach.
- True AI adoption requires a top-down transformation, not only investing in the AI tools but also the people, the operational models, and the data infrastructure.
- AI is not an easy, plug-and-play solution but requires careful planning and a long-term commitment to becoming more AI-empowered, going beyond short-term productivity gains and focus on true transformation.
- AI’s economic value is real and has already transformed entire industries, created new business models, and provided organizations with unprecedented insights.
- AI is set to become the backbone of how businesses operate, interact with consumers, and make decisions, likened to the internet in the 1990s.
- However, AI still requires significant efforts and a strategic mindset for building a foundation that includes skilled teams, clear processes, and aligned goals for real value.
- For meaningful change, organizations need to target specific areas where AI can have a tangible impact on workflows, processes, and ultimately, the bottom line, instead of treating AI as a generalized productivity tool.
- AI’s economic value is real, but it's an entire ecosystem that requires careful planning and sustained effort to deliver real value.
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These are the top tech skills employers want the most, according to a new examination of 24,000 job listings
- A recent study by Finoit examined 24,000 U.S. job listings to identify the most in-demand tech skills. Python and SQL, both essential for data science, topped the list with 24,000 listings each.
- Cloud computing skills, including AWS and Azure, also ranked highly, with average salaries over $140,000. Traditional programming languages like Java and C++ were in demand, while emerging areas like quantum computing and blockchain didn’t make the list
- Finoit’s co-founder emphasized the importance of mastering core skills like Python and staying aware of emerging trends to remain competitive in the evolving tech landscape.
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Minis
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Want Better Pay? Develop This Key Trait Bosses Look For When Hiring
- To impress your boss and earn better pay, developing leadership skills is key. Leaders inspire and motivate others, take initiative, and communicate effectively.
- Kartik Ahuja, founder of GrowthScribe, highlights Steve Jobs and Elon Musk as examples of visionary leaders who transformed their industries through their bold ideas and leadership.
- Ahuja emphasizes that leadership involves listening to feedback and continually improving. Even if you’re not a natural leader, volunteering to lead cross-functional projects can help you learn how to delegate, motivate others, and grow your leadership abilities.
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5 reasons why cloud computing skills are in high demand
- Digital Transformation: Companies are rapidly embracing cloud technologies to innovate and stay competitive.
- Job Growth: Cloud roles, such as architects and engineers, are expanding by 30% annually.
- Support for Small Businesses: The pay-as-you-go model helps startups scale without large initial costs.
- High Salaries: Cloud professionals earn significantly more than the average IT worker.
- Industry Versatility: Cloud computing is vital across sectors like healthcare and finance, offering diverse career opportunities.
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IPO Boom Turns Malaysia Convenience Chain Owner Into Billionaire
- Lee Thiam Wah, the founder of 99 Speed Mart, has become a billionaire following the company’s $531 million IPO in Kuala Lumpur, the largest in Malaysia in seven years.
- Lee’s journey began with selling snacks from a roadside stall, and he has since grown his business into a retail empire with over 2,600 convenience stores across Malaysia.
- At the IPO price of 1.65 ringgit per share, Lee's net worth is now approximately $3.3 billion, according to the Bloomberg Billionaires Index. The company’s stock has seen a significant rise post-IPO.
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Minis
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A 17-Year-Old Challenges the Entire LinkedIn Community
- Subodh Kaushik, the 17-year-old CEO of shopeepie, has launched a bold new auction feature on his fashion platform, challenging LinkedIn users to outbid him for exclusive items.
- In a viral post, Kaushik announced he will personally participate in the auctions for men's, women's, and footwear categories, adding a competitive edge.
- The auctions will feature limited-edition clothing and accessories from shopeepie, emphasizing the brand's commitment to quality and sustainability.
- This daring move has ignited excitement across social media, with users gearing up to face off against the young entrepreneur. The auctions kick off next month.
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Minis
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Man wins Rs 3.25 lakh jackpot on CRED, company hands him Rs 1k blaming ‘technical glitch
- A CRED user, Aviral Sangal, won a jackpot worth Rs 3.25 lakh, including a MacBook, iPad, AirPods Max, and a TUMI bag.
- However, CRED canceled the prize, citing a "technical glitch," and only offered Rs 1,000 as compensation. Sangal, who had initially filled out his PAN details for tax purposes, took to social media to express his frustration and demand that CRED honor the rewards for all 200 affected users.
- The issue has sparked significant social media backlash, with many users urging legal action and criticizing CRED’s handling of the situation.
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This is the No. 1 etiquette skill people are eager to learn the workplace
- Effective communication is the top etiquette skill people want to learn in the workplace, according to data from Epignosis, a software learning company.
- With today's hybrid work environments, where multiple generations and communication platforms coexist, mastering email etiquette and communicating under stress are in high demand.
- Providing mentorship and fostering connections among new hires are also key strategies businesses use to help employees adapt to workplace communication norms.
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The Beautiful Mess
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TBM 309: Zombie Practices and Processes
- Despite the theoretically simple nature of using objectives and key results (OKRs), larger companies tend to treat them as a zombie process that no one takes seriously, something that is demonstrated by the fact that many seemingly 'easy and common-sense' practices become redundant and lose their potential utility when they are baked into an operating system. While using OKRs might work for a five-person start-up, the process becomes an institutionalised, entrenched practice for larger companies that can be difficult to pivot or discard even when it no longer serves its intended purpose.
- Moreover, if a start-up team uses OKRs that fail to help focus and reflect, they can stop using them or make changes, but larger companies are more reluctant to admit to learning difficulties and may avoid making visible incoherence, as some things, such as targets, may not be considered particularly meaningful to the team internally.
- As a result, a situation can arise whereby teams are focused on too many priorities with too little strategic focus, too many dependencies and too much cognitive load, while too little weight is given to the OKRs. Companies may have staff who regard certain practices as totally wasteful but who conform regardless, simply because 'that's the way things work around here.'
- To fight the downward spiral of 'zombie processes', companies should avoid enforcing rules that make the process mono-functional and create more opportunities to challenge the process. Leaders also need to revisit the original purpose of a process regularly. There is no quick fix, but it is up to companies to be more self-aware and to do more to create a culture that challenges practices regularly.
- Companies often see learning or training challenges where none exist and do not address the factors that can inhibit new behaviours. Feedback and goal clarity are critical to the success of OKRs in larger companies, and meaningful feedback must be seen as an essential component of any management process.
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