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Nirav Lalan elevated to chief growth officer, The Sleep Company
- Nirav Lalan has been promoted to the position of chief growth officer (CGO) at The Sleep Company after leading the company's D2C for nearly three years.
- Lalan has a background in engineering and brand management, with experience in companies like Infosys, Wipro, and IndiaFirstLife.
- He joined The Sleep Company in 2022 and played a significant role in achieving a 20x growth for the company in less than three years.
- His strategic mindset and understanding of consumer behavior have been instrumental in expanding the company's growth channels and redefining the comfort-tech category.
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HRKatha
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VerSe Innovation to let go 350 employees; leverage AI
- VerSe Innovation is leveraging AI and automating processes to cut costs and increase profitability.
- The company is letting go of 350 employees this month as part of the transformation process.
- VerSe is investing significantly in AI and streamlining processes for long-term growth.
- Umang Bedi is the CEO of VerSe, which aims for revenue growth and plans for an IPO.
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Medium
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What to do when there’s no strategy in place
- Randy Silver discussed the importance of having a strategy in place at Agile Manchester on 14 May 2025.
- Key points highlighted include the trend of prioritization difficulty due to appealing outcomes and the lack of a defined strategy.
- Five common elements identified were improvisational strategy, fear of being exposed, multiple strategies, lack of writing skills for strategies, and misunderstanding of what a strategy entails.
- Having a strategy differs from having ambitious goals, as goals do not aid decision-making.
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HRKatha
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Stack readiness is what is sought in talent today: Report
- Candidates in the talent market are now being assessed for stack readiness in AI roles, which includes a combination of tools, applied skills, and ability to deliver against production-level AI requirements.
- Job descriptions across various AI role clusters demand specific skills and knowledge in platforms and practices, indicating the need for pairing tools and skills in the industry.
- Key skills and practices, as well as common tools and platforms, are highlighted for different AI role clusters such as Gen AI engineering, data engineering, AI/ML engineering, and Cloud AI engineering.
- Skills like prompt engineering and retrieval-augmented generation (RAG) are increasingly important in AI roles, reflecting the convergence of user-facing and infrastructure-facing capabilities in the industry.
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Medium
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The Psychology of Investing: Why Smart Money Makes Dumb Bets
- In the world of investing, human psychology often leads to making irrational decisions, as seen in the case of WeWork's downfall despite a promising narrative.
- Investors are influenced by factors like charisma and presentation rather than solid data, leading to investments in unsustainable ventures like Theranos.
- Successful investors like Warren Buffett and Charlie Munger approach decision-making with a focus on mental models and a stoic mindset, which sets them apart from the crowd.
- To make sound investment decisions, it's crucial to recognize and counteract cognitive biases, understand the true value behind data, and anticipate human behavior rather than relying on predictions.
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HRKatha
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Sandip Ghose reappointed MD & CEO; Board of Birla Corporation approves
- Sandip Ghose has been reappointed as managing director (MD) and chief executive officer (CEO), MP Birla Cement, for three years.
- The Board of Birla Corporation has approved the reappointment of Sandip Ghose.
- Ghose has a diverse professional background, having worked with companies like Unilever, Kimberly-Clark Lever, and LafargeHolcim before joining MP Birla Cement in 2015.
- He has played a significant role in the growth and integration of Birla Corporation and RCCPL, and has been entrusted by the board to lead the next phase of expansion for the company.
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HRKatha
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How a German furniture giant in India is building tomorrow’s leaders from within
- Hettich India, a German furniture fittings manufacturer, is revolutionizing talent development with its Akademie programme, resembling a full-fledged MBA for internal management development.
- This programme aims to bridge technical expertise and business acumen to prepare employees for the future, focusing on reshaping career trajectories and creating business thinkers and leaders.
- It offers a two-year Post Graduate Diploma in Management in partnership with Symbiosis Centre for Distance Learning, enhancing participants' cross-functional understanding without requiring them to leave their jobs.
- Akademie's hybrid approach includes remote learning complemented by week-long campus immersions, providing participants with a holistic business school experience.
- The programme has shown exceptional retention rates and has empowered employees with increased confidence, sharper business acumen, and improved cross-functional thinking.
- Unlike typical corporate programmes, Akademie's admission is solely based on merit, with diversity and inclusion being key considerations.
- The programme not only focuses on professional development but also extends cultural values into employees' personal lives through initiatives like My Daughter, My Pride, promoting gender equity and celebrating new births.
- Both programmes illustrate Hettich's integrated approach to organizational development, focusing on intellectual and emotional commitment, with leadership involvement emerging organically.
- Hettich's initiatives have garnered significant success, with plans for expansion on both professional development and personal celebration fronts, highlighting the company's emphasis on human development as a core business strategy.
- By engineering human potential through innovative programmes, Hettich India is setting a new benchmark for organizational growth and employee empowerment within the industrial landscape.
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Work pressure drives Ola employee to death
- An Ola employee, a fresher, died by suicide due to work pressure, as confirmed by his co-worker on Reddit.
- The company acknowledged the events leading to the incident and mentioned the employee had been on personal leave prior to the tragedy.
- The company granted the employee time off to rest, showing concern for his well-being, and assured support to his family.
- The deceased employee's co-worker criticized the work environment at Krutrim, an AI startup owned by Bhavish Aggarwal, highlighting issues with management practices and lack of support.
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HRKatha
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Binita Agarwal is the new CFO, foundit
- Binita Agarwal is the new chief financial officer (CFO) of foundit, previously known as Monster APAC & ME.
- With a background in commerce and as an alumna of the Institute of Chartered Accountants of India, Agarwal has over 15 years of experience in finance, compliance, investor relations and business strategy.
- She has previously held roles at AppsForBharat, Goldman Sachs, HungerBox, and Headout, demonstrating expertise in leading finance and accounting functions across various regions.
- At foundit, Agarwal will be instrumental in shaping the company's long-term financial vision and growth strategy, leveraging her extensive experience in driving financial efficiency and cost optimization.
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HRKatha
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Lenskart, Virohan to collaborate; bridge gap in India’s eyecare workforce
- Lenskart and Virohan collaborate to train 50,000 eye care professionals in India by 2035 through the SureStart education-to-employment program.
- The program focuses on optometry to address the shortage of primary eye care professionals in the country, offering industry-relevant education and immediate job opportunities.
- Courses include a BSc in Ophthalmic Techniques and a Bachelor of Optometry, blending classroom learning with practical training across critical eye care subjects.
- Students will benefit from internships at Lenskart stores, tech-enabled learning, mentorship, and real-world exposure, aiming to shape the future of optometry in India.
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Bitcoinist
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States Go Crypto: $632 Million In Strategy Stock Held Across 14 US Funds
- Retirement managers in 14 US states have added a total of $632 million in Strategy stock to their portfolios to tap into Bitcoin's gains without directly buying the coin.
- Public funds boosted their holdings by $302 million in Q1 2025, with an average increase of 44% in their position sizes, using Strategy stock as a stand-in for Bitcoin.
- States like California, Florida, and Wisconsin lead the trend, with California holding the highest shares worth $276 million, followed by Florida at $88 million and Wisconsin at $51 million.
- Lawmakers in 26 states have filed 47 crypto-related bills, with some states like New Hampshire approving laws allowing up to 5% of their treasury to go into Bitcoin, while others like Arizona and Florida have seen measures related to crypto investments being stalled or voted down.
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Pcgamer
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Take-Two CEO reckons Civilization 7's mixed reception is just history repeating itself: 'Every time we've come out with a new platform iteration of Civilization, there's been some consternation on the part of consumers'
- Civilization 7 has received a mixed response from players, with ratings split between those enjoying its streamlining and others finding it shallow and predictable.
- Take-Two CEO, Strauss Zelnick, acknowledges the divided reception but highlights that it's not uncommon for the Civilization series to face consumer consternation with each new iteration.
- Zelnick believes in addressing concerns over time to win back player appreciation, indicating a long sales cycle where players eventually come to love the game after updates.
- While Zelnick acknowledges room for improvement in Civilization 7, he remains content with its strong sales performance, despite the noticeable decrease in player count compared to previous entries in the series.
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TheNewsCrypto
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Saudi Central Bank Gains Indirect Bitcoin Exposure via Strategy Investment
- Saudi Central Bank has gained its first indirect exposure to Bitcoin by investing in an American development company called Strategy, formerly known as MicroStrategy.
- Saudi Arabia seems to be exploring new approaches to balance stability with the potential upsides of digital assets in the midst of a global shift towards innovation.
- More than a dozen countries, including Saudi Arabia, have sought Bitcoin exposure through central holdings, indicating a growing interest in digital assets among nations.
- Saudi Arabia lacks a comprehensive regulatory system for cryptocurrency operations despite significant growth in market activity and adoption, driven by its young population and technological adoption.
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Medium
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PM Breakdown: Duolingo — Rewriting Language Learning With AI
- Duolingo is leveraging AI to enhance language learning, moving towards making AI the default experience for writing and speaking evaluations.
- The shift to AI aims to improve speed, accuracy, and consistency for millions of learners globally, while also addressing cost issues in expansion.
- The challenge lies in ensuring that AI feels like a learning companion rather than just a grader, necessitating smart product decisions for a more interactive coaching approach.
- The transition to AI-first grading poses risks but also offers opportunities for faster feedback, broader reach, and personalized learning, ultimately redefining quality and scale in language education.
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TronWeekly
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Saudi Stake in Strategy Sparks New Debate on Central Bank Crypto Role
- The Saudi Central Bank has disclosed holding 25,656 shares in Strategy Inc., formerly known as MicroStrategy, linking it to Bitcoin exposure through Strategy's substantial crypto holdings.
- Strategy, holding 568,840 Bitcoin valued at around $68 billion, is positioning itself as a key player in the institutional adoption of Bitcoin by maintaining significant reserves.
- This investment aligns with a broader shift in diversifying sovereign financial assets as the Saudi Central Bank indirectly benefits from Bitcoin's performance without direct purchases.
- The move reflects a global trend toward including Bitcoin in sovereign reserves, with countries like El Salvador, Iran, Bhutan, and the UK integrating digital assets into their financial systems.
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