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Using AI to draft a cover letter? Don’t depend on tech too much

  • While AI aids job applications, relying solely on it for cover letters lacks personal touch. Indeed India's Sashi Kumar stresses the importance of human essence and storytelling. AI-generated letters may lack authenticity and fail to engage employers.
  • Hand-written letters excel in personalization and emotional connection. Though AI can provide a quick start, human-written letters stand out for creativity and context understanding.
  • Hiring managers prefer personal letters over AI-generated ones for their authenticity and impact. To maintain authenticity while using AI, candidates should focus on personalization and professional language.

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How Elon Musk's Starlink Turned Amazon Tribe Into Social Media And Pornography Addicts

  • In a remote Brazilian corner, Elon Musk's Starlink has brought the internet to the Marubo tribe, causing significant cultural upheaval.
  • Nine months after gaining access, the tribe faces addiction to social media and pornography, particularly among its youth. Initially seen as a bridge to education, healthcare, and economic development, the internet has instead led to deep societal rifts.
  • Elders lament the erosion of traditional values and customs as debates over managing this new connectivity intensify. The tribe grapples with balancing modern technology's benefits and preserving their cultural heritage, facing an uncertain future.

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Top 5 essential skills to become a full-stack developer in 2024

  • Frontend skills: Master HTML, CSS, and JavaScript to build interactive interfaces. Knowledge of libraries like React and Angular is also essential.
  • UX/UI design: Integrate UX/UI principles to create visually attractive, responsive, and user-friendly web applications.
  • Backend skills: Learn backend languages like Python, Java, and C++ and gain expertise in database management with tools like PHP and MySQL.
  • Cybersecurity skills: Ensure user data safety by minimizing vulnerabilities, implementing secure authentication, and using data encryption methods.
  • Soft skills: Develop strong communication, analytical, problem-solving, and time management skills to effectively collaborate with clients and colleagues.

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The Beautiful Mess

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TBM 291: Why Your Product Transformation Will Fail

  • Treating product transformation as a project can lead to failure because the vehicle of a large project is less likely to succeed.
  • Devaluing the present state of things during transformation efforts can discourage your team and reduce their motivation.
  • Only hiring outside people sends the message that your team is broken, when team members with the requisite skills may already be there.
  • Copying and pasting how other people operate may not get you where you need to be because you need to discover what works for your team.
  • You need to relax certain constraints, incentives, and rewards, and create an unmistakable message from leadership that experimentation and trying new things are acceptable.
  • You will need to shift into company improvement mode and build the continuous improvement muscle and learn how to change and adapt.
  • You need to subtractively change processes, reports, and rituals to help your team focus on new approaches.
  • It is critical to focus on fostering conditions where real-world examples can emerge to inspire other teams and learn from.
  • Ignoring core architectural issues and treating transformation efforts as an avoidance mechanism can hinder change.
  • It's vital to have a true north that connects and inspires your team and makes the trouble worthwhile.

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There Are Over 22 Million Millionaires In The World, An All-Time High

  • The number of millionaires worldwide has hit an all-time high, with 22.8 million individuals possessing liquid assets exceeding $1 million, as per Capgemini's World Wealth Report.
  • Their collective wealth reached $86.8 trillion in 2023, driven by surging stock markets. The Nasdaq soared 43%, the S&P 500 rose 24%, while European indices also posted significant gains.
  • Economic growth and optimism in the tech market, particularly in generative AI, contributed to this wealth surge. However, rising wealth inequality prompts discussions on fair taxation, with calls for a global minimum tax on the wealthiest individuals.

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How to get a job in the 'skills-based hiring' trend

  • Many companies are shifting to "skills-based hiring," prioritizing candidates' competencies over traditional metrics like education and experience.
  • Indeed data shows a 10% drop in job postings requiring specific employment tenure and a rise in those not needing formal education. A ZipRecruiter survey reveals 72% of employers now value skills over degrees.
  • This trend benefits job seekers without college degrees, offering new opportunities and often leading to higher retention rates and salaries. 
  • Job seekers should focus their resumes on relevant skills and be ready for skills tests during the hiring process. However, some companies still struggle to change their hiring practices.

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5 Ways To Make Money From Home Using AI In 2024

  • AI Video Scripts: Use tools like ChatGPT to generate video scripts for YouTube, creating content without showing your face.
  • Print-On-Demand with AI: Create designs and quotes with AI for print-on-demand items like mugs and t-shirts, and sell them on Shopify.
  • AI-Generated Artwork: Use AI tools like Midjourney to create and sell digital artwork on platforms like Etsy.
  • AI-Powered Copywriting: Enhance your copywriting services with AI-generated content outlines and marketing copy.
  • AI-Powered Newsletter: Write and monetize newsletters with AI, gaining sponsorships and using affiliate links.

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A job seeker says she was invited to a work happy hour after an interview, but it turned out to be another hiring test

  • Job seekers are facing new hiring challenges despite a strong labor market. Marissa Marlowe, a TikTok user, shared her experience of an unusual hiring test.
  • After a rigorous on-site interview involving a 75-minute presentation, she was invited to a happy hour. Expecting to meet potential colleagues, she instead found herself mingling with other job candidates.
  • Marlowe likened it to "The Bachelor," with everyone competing for the same job. Despite her efforts, she was ultimately rejected. This reflects the current tough job market where candidates face fake job ads, AI recruitment tools, and increased competition, especially in white-collar and remote jobs.

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Is Skills-First Hiring Set To Be The Future?

  • The rise of skills-first hiring is reshaping recruitment, emphasizing candidates' demonstrated abilities over traditional qualifications.
  • Employers increasingly prioritize skills showcased through tasks like video interviews. While resumes retain importance, platforms like LinkedIn are altering recruitment dynamics. This approach fosters diversity and inclusivity, reducing reliance on degrees and broadening talent pools.
  • While some roles necessitate specific expertise, skills-first hiring enhances flexibility, benefiting both employers and applicants across various sectors. As this trend gains momentum, it promises a more efficient and equitable recruitment landscape.

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How To Tailor Your CV For The Executive Job Market

  • Level up your skills: Highlight core competencies like strategic planning and business development.
  • Communicate your unique value: Identify your unique selling point (USP) and emphasize it throughout your CV.
  • Prove your impact with results: Showcase achievements with quantifiable results to demonstrate your value.
  • Add professional affiliations and credentials: Include relevant memberships and certifications to highlight your professional development.
  • Rethink your format and structure: Ensure your CV is two pages, professional, polished, and easy to read, with relevant keywords for applicant tracking systems (ATS).

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Lenny's Newsletter

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In defense of feature team product managers

  • Feature factories are businesses that focus on outputs over outcomes by rapidly producing and shipping features without strategically considering the impact these features have on users and the business.
  • The alternative to the feature factory is a culture that rewards outcomes over outputs, which are called empowered teams.
  • Feature team Product Managers (PMs) are real PMs doing important work despite the belief that only PMs on empowered teams are the real PMs.
  • Feature team PMs are responsible for execution and driving the cross-functional team effort to translate features into a useful experience for the user.
  • Feature team PMs often don’t have a dedicated project manager so they need to take on additional responsibilities and do the product work themselves, leading to the misconception that they are just project managers.
  • The role of PMs is to help the CEO flesh out their vision and bring it to life by executing it at the highest level.
  • PMs should help the CEO understand the tradeoffs of various paths before they ultimately commit to the decision.
  • Feature team PMs need not behave like empowered PMs without a strong product leader spearheading the transformation and a stomach for a huge amount of work.
  • Feature teams are valuable to CEOs in certain scenarios such as when the CEO has a clear and compelling product vision.
  • The product work involved on a feature team and empowered team are largely the same, but empowered teams offer more strategic and meaningful work.

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Airbnb CEO shares the mistake he made while conducting Covid-era layoffs

  • Airbnb CEO Brian Chesky advises against viewing the workplace as family, citing challenges during layoffs.
  • Instead, liken it to a professional sports team, where performance matters. Reed Hastings, Netflix CEO, echoes this sentiment, emphasizing the need for an annual job fight akin to winning the Stanley Cup. Viewing work as a family can blur professional boundaries, potentially exploiting employees.
  • Joshua A. Luna advocates for a transactional approach, fostering belonging while prioritizing productivity. A healthy workplace respects this balance. The key takeaway: embrace a professional mindset to maintain a positive, productive work culture.

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Looking for a job after getting laid off? Indian-origin LinkedIn career expert offers 5 tips

  • Network Strength: Stay connected with former colleagues, attend events, and leverage contacts for job leads. Referrals boost opportunities, advises LinkedIn career expert Pooja Chhabria.
  • Online Presence: Update profiles to highlight skills. Recruiters prioritize candidates with relevant competencies.
  • Introduction Crafting: Prepare a concise response to "Tell me about yourself." Showcase experiences and alignment with the role.
  • Career Break Ownership: Be honest about employment gaps. Transparency fosters trust.
  • Positivity Maintenance: Avoid negativity about past experiences. Emphasize growth and learning. Positivity enhances professionalism.

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'Ek chamaat maarenge, Bihar pahauch jayegi': HSBC employee alleges workplace toxicity

  • An HSBC employee has accused a colleague of ethnic humiliation, claiming she was threatened and insulted during lunch on April 22, 2024.
  • The alleged victim detailed her experience in a letter to the bank’s management, which an X user shared online. She reported being told, "Ek chamaat maarenge, Bihar pahuch jaegi," in front of colleagues Goga Pujitha, Sai Prasad Papisetty, and Jaya Lakshmi Bhimarasetti.
  • The incident underscores ongoing workplace toxicity issues and highlights the need for effective communication and meaningful measures to ensure a safe and respectful work environment.

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Want to be productive? Don’t multitask, says Ceat Ltd's CEO Arnab Banerjee

  • Ceat Ltd's CEO, Arnab Banerjee, emphasizes productivity by avoiding multitasking, prioritizing tasks, and maintaining honesty.
  • He credits mentors for shaping his leadership style, focusing on simplicity in decision-making. Banerjee, an avid trekker, values personal growth and continuous learning. He advocates for institutionalizing mentoring in organizations. Productivity principles include timely meals, sufficient sleep, and efficient task management.
  • Banerjee unwinds through reading, travel, and numismatics. In interviews, he shares insights on mentorship, decision-making, and personal interests, aiming to inspire high-performance leadership.

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