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Strategy News
HRKatha
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How CEAT Tyres is working towards 25% gender diversity by 2025
- CEAT Tyres, a part of the RPG Group, is striving to achieve 25% gender diversity by 2025.
- The initiative focuses on empowering women to lead and succeed in unconventional roles.
- CEAT has launched programs like Women Mentoring and Women Accelerator to bridge gaps and empower women.
- Inclusive policies and practical measures are implemented to create a supportive and diverse workplace.
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HRKatha
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5,000 to be laid off at Thyssenkrupp’s steel division in 5 years
- Thyssenkrupp plans to lay off 5,000 employees at its steel division over 5 years.
- By 2030, the company also intends to outsource 6,000 positions in an effort to gain stability.
- The steel division, currently employing 27,000 people, has been battling rising production costs and competition from Asian steelmakers.
- In addition to job cuts, production capacity will be reduced from 11.7 million to 9 million tons.
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Insider
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This CEO says there's 'not much value' to job interviews. He prefers testing candidates instead.
- Databricks CEO Ali Ghodsi believes there is 'not much value' in job interviews.
- Instead of traditional interviews, Ghodsi prefers to test candidates with real challenges within the company.
- He believes in having candidates work on a problem that the company is currently facing.
- Ghodsi also emphasizes the importance of conducting 'back-door' references to gain additional insight on candidates.
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Forbes
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Best Secured Credit Cards Of November 2024
- Secured cards provide a path for those with bad credit or no credit to establish positive credit history.
- With a secured credit card, you pay a cash security deposit upfront which serves as collateral to protect the lender.
- The best secured cards reward you for responsible management of your account and allow you to graduate to a non-secured counterpart and see their deposit returned.
- Forbes Advisor's credit card editors are committed to bringing unbiased ratings and information.
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Forbes
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Best Visa Credit Cards Of November 2024
- Visa boasts a global payment network with over 4.4 billion cards and processes billions of transactions annually.
- Major card issuers in the U.S. offer Visa cards with rewards such as points, miles, and cash back.
- The best Visa card depends on factors like credit score, income, spending habits, and reward redemption strategies.
- Forbes Advisor provides unbiased ratings and information with a team of credit card editors and data-driven methodologies.
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Forbes
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15 Best Travel Credit Cards Of December 2024
- Credit cards are a valuable resource for travelers.
- The rewards from travel credit cards can offset expenses.
- Here are the best travel credit cards of December 2024.
- The selection is based on unbiased ratings and data-driven methodologies.
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Forbes
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Best Credit Cards For Rebuilding Your Credit Score Of November 2024
- Having a poor credit score can result in paying higher interest rates and fees, or even facing denial when applying for credit.
- Using one of the best credit cards for rebuilding credit can help improve your credit score and increase your chances of qualifying for better loan terms in the future.
- Forbes Advisor's credit card editors provide unbiased ratings and information based on data-driven methodologies, ensuring fair evaluation of financial products and companies.
- The editorial team has over 65 years of industry experience and has rated over 400 credit cards.
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Forbes
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Best Credit Cards For No Credit Of November 2024
- A lack of credit history can hinder various financial goals and transactions.
- Having no credit can make it challenging to make major purchases, rent properties, or access certain services.
- Using a credit card can be an effective way to establish a healthy credit history.
- Forbes Advisor's unbiased credit card editors provide ratings and information to help individuals make informed choices.
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HRKatha
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Freshworks to lay off 13% of workforce
- Freshworks, the US-based IT company, plans to reduce its workforce by 13% affecting approximately 660 employees.
- The layoffs are part of a broader restructuring strategy to improve operational efficiency and align talent with strategic priorities.
- The company aims to streamline operations and focus on the employee experience (EX) business, artificial intelligence (AI), and customer experience (CX) products.
- Freshworks believes the layoffs will pave the way for sustained success in the competitive tech landscape.
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Unboxing Startups
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The Importance of Certified Workbenches in Industrial Operations
- Among the most crucial pieces of equipment are certified benches and tables for industrial operations.
- Certified workbenches are rigorously tested and validated to meet safety regulations, ensuring they are capable of handling the physical demands of industrial work.
- Industrial operations often involve repetitive and tough tasks that place a strain on equipment, which is why durability is crucial.
- Certified workbenches and tables are designed to maximize efficiency by offering built-in storage solutions such as shelves, drawers, and compartments.
- Certified workbenches are highly versatile, making them suitable for a wide range of industries with different operational needs.
- Certified workshop benches and tables help businesses meet strict compliance requirements by adhering to the necessary safety standards set by regulatory bodies.
- Worker health and safety are top priorities in any industrial setting. Fatigue and physical strain are common in workplaces where employees perform repetitive tasks over long periods, potentially leading to injuries.
- Efficiency and organization are crucial in any industrial environment, and certified workbenches play a key role in achieving these goals.
- By offering better inventory management, certified workbenches also help businesses avoid wastage and loss of materials, streamlining operations and improving workflow.
- Organized workstations contribute to a more efficient, error-free work environment, ensuring that tasks are completed on time and to the required standards.
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Medium
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Pushing the Ethical Boundaries of AI in Procurement: Transparency, Accountability, and Innovation
- Explainable AI (XAI) frameworks have emerged as a crucial tool in ensuring fairness in AI systems.
- Transparency and accountability are the important pillars of ethical AI, particularly in procurement.
- Embedding accountability throughout the AI lifecycle, including regular audits and clear documentation, can ensure ethical procurement practices.
- Algorithmic bias is one of the pervasive challenges in ethical AI.
- Procurement organizations can mitigate risks such as data breaches and biased algorithms using advanced encryption technologies.
- Ethical AI in procurement can be a transformative catalyst for broader organizational change that extends to the heart of supply chain management.
- Advanced AI systems can allow procurement organizations to analyze supplier networks with precision.
- Organizations must balance efficiency with fairness without compromising organizational objectives.
- Algorithmic transparency is critical in procurement, where stakeholders often view AI-driven decisions with skepticism.
- Continuous monitoring and feedback loops using various ethical AI frameworks can ensure that AI systems remain adaptive to new challenges.
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Forbes
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Best Balance Transfer Credit Cards For Businesses Of November 2024
- Balance transfer credit cards can help businesses save money by reducing interest payments.
- Business owners have limited options when it comes to balance transfer cards.
- Balance transfer cards usually have a balance transfer fee, but it is often lower than the purchase APR.
- Forbes Advisor provides unbiased ratings and information on credit cards.
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HRKatha
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Karnataka transport workers to strike over salary arrears
- Transport workers in Karnataka, including KSRTC and BMTC, are set to go on a state-wide strike starting 31 December.
- The strike is in demand of long-pending salary hikes and arrears payments, as the state government owes workers Rs 1,750 crore in unpaid arrears and Rs 399.29 crore in gratuity payments to retirees.
- A confederation of six transport workers' unions is supporting the strike, with preparations in full swing to ensure maximum participation.
- The strike threatens to disrupt public transport services in Karnataka, raising concerns among commuters.
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Rockpapershotgun
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Manor Lords is getting new maps, building upgrades and reworks for the marketplace and ale distribution
- Manor Lords developer, Greg Styczeń, announces forthcoming patch for the medieval city builder.
- The patch will introduce new maps, building upgrades, and reworks for economic systems.
- Changes include overhauling ale and water distribution, improving taverns and wells.
- Reworks for marketplaces and goods distribution with new filters also planned.
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HRKatha
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Cheryl Kaba to be chief D&I officer, Condé Nast
- Condé Nast has appointed Cheryl Kaba as its new chief diversity and inclusion officer.
- Kaba will lead Condé Nast's diversity strategy across its global portfolio.
- She will help hire, develop, and sponsor a new generation of diverse talent.
- Kaba brings a wealth of expertise and a deep commitment to fostering inclusive work environments.
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