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Strategy News
Medium
6d
215
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PM Breakdown: Canva — From Design Tool to Work Platform
- Canva is transitioning from a design tool to a Visual Work Platform aiming to deeply serve its primary user segments.
- Understanding user segments is crucial for Canva to identify opportunities and risks in expanding its platform.
- Key gaps need addressing for Canva to keep growing without losing its competitive edge.
- To drive growth sustainably, Canva must focus on clear, user-centered solutions, backed by sharp metrics tied to real business outcomes.
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Bitcoinist
6d
343
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Bitcoin Whale Holdings Jump 41,300 BTC As Institutional Demand Heats Up – Details
- Bitcoin whales, wallets with significant BTC holdings, have increased their total holdings by approximately 41,300 BTC over the past 30 days, reflecting growing institutional interest.
- Institutional interest in Bitcoin has led to a new wave of corporate entities seeking to add BTC to their treasuries as they use their cash generation and debt issuance to buy.
- Despite the recent slump in BTC price, BTC whales continued accumulating the premier digital asset, with 76 new BTC whales added to the network during February and March 2025.
- The first quarter of 2025 also witnessed increased corporate adoption of Bitcoin, with companies like Metaplanet, Strategy, and The Blockchain Group making significant BTC purchases.
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HRKatha
7d
91
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Ajoy Chawla will be MD of Titan
- Ajoy Chawla has been named the next managing director (MD) of Titan Company.
- Chawla has been with Titan for 34 years, starting in various roles before becoming CEO of the jewellery division by October 2019.
- He has a background in strategy, business incubation, and launching new categories like Fastrack sunglasses and Tommy Hilfiger Watches.
- Chawla, an alumnus of IIM Calcutta, will take over from CK Venkataraman as MD from January 1, 2026.
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Medium
7d
286
Why a Product Strategy Certificate Might Be the Missing Link in Your PM Career
- Product strategy certificates can be beneficial for PMs looking to transition to more strategic roles or aiming for senior PM positions.
- These certificates focus on building product-market fit, roadmap clarity, defining KPIs, and aligning cross-functional teams.
- The practical insights and real-world applications offered by such programs can enhance strategic thinking and communication skills with stakeholders.
- Investing in a product strategy certificate can help PMs shift from reactive to proactive leadership, ultimately setting them apart in the competitive product development space.
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Insider
7d
163
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Being good at your job doesn't guarantee a promotion, says Meta engineer
- Meta engineer Ryan Peterman emphasizes that getting promoted requires more than just excelling at your job.
- Visibility plays a crucial role in promotions, and it's important to make your achievements known to others.
- Peterman suggests that being bold, showcasing behaviors of more senior engineers, and seeking feedback from supervisors are key steps to secure a promotion.
- He highlights the significance of being proactive, advocating for yourself, and actively contributing in order to stand out in a professional setting.
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Insider
7d
253
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Companies are culling managers. Mark Zuckerberg explained his 'mathematical' approach to it nearly 2 years ago.
- Companies like Match Group, Amazon, Google, and Meta are reducing middle managers to flatten organizational structures.
- Mark Zuckerberg, an early advocate of this trend, has emphasized the importance of an optimal employee-to-manager ratio.
- Zuckerberg's approach involved defragmenting Meta's organization by thinning out middle management to enhance efficiency.
- Other companies, such as Amazon and Google, have followed suit in reducing layers of management for increased efficiency.
- CEOs like Andy Jassy and Sundar Pichai have expressed their intentions to simplify organizational structures and increase efficiency.
- Salesforce and other companies have also undergone restructuring to reduce managerial layers and enhance productivity.
- The 'Great Flattening' trend, targeting middle managers, has led to significant job cuts and restructuring across various industries.
- While reducing middle managers may improve efficiency, some experts caution that it could impact vital managerial functions and employee wellbeing.
- The trend towards leaner management structures is driven by a focus on efficiency and investor demands for optimization post-pandemic.
- The restructuring aims to avoid excessive hierarchical management layers and stay agile in decision-making and execution.
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Inkbotdesign
7d
395
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7 Small Business Accounting Tools That Save Time and Sanity
- Small business owners face accounting challenges that can lead to wasted time, stress, and financial risks, emphasizing the importance of efficient accounting systems.
- Accounting tools like Xero, QuickBooks Online, FreeAgent, and Sage Business Cloud Accounting offer solutions tailored to UK small businesses' needs.
- Tools like Receipt Bank (Dext), GoCardless, and Fluidly address specific accounting tasks such as receipt management, payment collection, and cash flow forecasting, respectively.
- The shift to Making Tax Digital (MTD) in the UK necessitates the adoption of compliant accounting software, with penalties for non-compliance.
- Effective financial reporting and tax planning strategies for small businesses can be facilitated by utilizing modern accounting tools to gain insights and make informed decisions.
- It is essential to establish good accounting practices and avoid common mistakes like mixing personal and business expenses, delayed record-keeping, and overlooking tax-saving opportunities.
- While accounting software can handle day-to-day tasks, professional accountants still provide critical value in areas like tax planning, compliance assurance, and financial strategy.
- Small businesses should review key financial reports regularly, prioritize revenue recording, expense tracking, and bank reconciliation, and ensure separation of business and personal finances.
- Switching accounting systems mid-financial year is possible but requires careful planning to ensure accurate transfer of data and balance verification.
- Efficient accounting systems not only meet regulatory requirements but also offer strategic advantages like time savings, financial clarity, cash flow visibility, tax optimisation, and enhanced credibility.
- By integrating and automating accounting processes, businesses can transform financial management from a burden into a competitive edge that supports their core passion and profession.
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Pcgamer
7d
166
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Europa Universalis 5's unusual, year-long reveal was a lesson Paradox learned from Imperator's mixed reception: 'I wanted to do it a little bit earlier, but marketing people tend to get panicky when you start talking'
- The year-long reveal of Europa Universalis 5 was influenced by lessons learned from Imperator's mixed reception.
- Paradox Tinto, the studio behind Europa Universalis 4, headed by Johan Andersson, was eager to work on a sequel.
- Andersson applied lessons from Imperator to EU5, focusing less on abstract concepts like 'mana' and involving the community more in the development process.
- The community's feedback has led to significant changes in EU5's mechanics, making it an uncompromising game tailored for hardcore grand strategy enthusiasts.
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HRKatha
7d
383
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Employee fired over washroom sticker; sparks debate on workplace humour
- An employee was fired for placing a joke sticker in the staff washroom, sparking a debate on workplace humour and boundaries.
- The sticker, which read 'Employees must stop crying before returning to work,' led to the employee's suspension and eventual termination.
- Despite HR being informed of the prank beforehand, the employee was dismissed the next day with little explanation, leaving them disheartened.
- The incident has raised questions about intent, communication, and proportionality in workplace disciplinary actions, underscoring the blurred line between humour and professionalism in corporate settings.
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HRKatha
7d
53
Image Credit: HRKatha
Netflix’s Rohit Suri joins ZEE Entertainment as CHRO
- ZEE Entertainment Enterprises appoints Rohit Suri as the new CHRO, effective May 12, 2025.
- Suri will report to Punit Goenka, CEO, and focus on shaping ZEE's human capital strategy for future growth.
- With over 25 years of HR experience, Suri has worked in various sectors and was previously with Netflix as head of talent management.
- Suri aims to enhance employee engagement, leadership development, and create a data-driven HR ecosystem at ZEE.
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3 Likes
HRKatha
7d
274
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Sandeep Dhar is new global head-GCC practice, Wipro
- Wipro appoints Sandeep Dhar as the global head of its global capability centre (GCC) practice.
- Dhar has three decades of experience in setting up and scaling GCCs, leading to strategic innovation and growth.
- Reporting to Wipro's COO, Dhar will lead Wipro's consulting-led and AI-powered GCC strategy.
- Wipro's GCC services encompass the entire lifecycle, offering tailored solutions for efficiency, transformation, and enhanced performance.
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2 Likes
HRKatha
7d
404
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Match Group to slash 13% of workforce
- Match Group, the parent company of popular dating apps like Tinder, Hinge, and OkCupid, is cutting 13% of its workforce.
- The layoff of around 325 employees is part of a restructuring plan to streamline operations and reduce costs.
- The decision comes amidst a downturn in the online dating industry, with falling engagement levels and profits for Match Group.
- Despite challenges, Match Group aims to save $100 million annually with the job cuts and expects revenue of $850-860 million in the second quarter.
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Forbes
7d
404
Image Credit: Forbes
Current Mortgage Refinance Rates: May 9, 2025 – Rates Drop
- On May 9, 2025, the rate for a 30-year fixed refinance mortgage decreased to 6.85%.
- The average rates for 15-year and 20-year fixed refinance mortgages are 5.72% and 6.62%, respectively.
- The current 30-year fixed-rate mortgage refinance average rate is 6.85%.
- The APR for a 30-year fixed-rate mortgage is 6.88%.
- Borrowers with a $100,000 30-year fixed-rate mortgage will pay about $655 per month for principal and interest.
- For a 20-year fixed refinance mortgage, the average interest rate is 6.62%.
- The APR on a 20-year fixed mortgage is 6.66%.
- A 15-year fixed mortgage refinance is averaging around 5.72%.
- Borrowers with a $100,000 15-year fixed-rate mortgage refinance will pay about $829 per month for principal and interest.
- Rates for jumbo mortgage refinances are slightly higher, with the 30-year fixed-rate at 7.22%.
- Mortgage refinance rates differ by program, and cash-out refinance rates are higher due to borrowing from available equity.
- Comparing interest rates, loan balance, and term is essential when considering a mortgage refinance.
- Experts anticipate mortgage rates to remain in the middle-to-high 6% range in the first half of 2025.
- Improving credit score and reducing loan balance can help secure lower rates for those looking to refinance later in the year.
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Forbes
7d
154
Image Credit: Forbes
Money Market Interest Rates Today: May 9, 2025 – Rates At 4.89%
- The current average money market rate is 0.53%, with the highest rate reaching 4.89% according to Curinos.
- Money market accounts (MMAs) are interest-bearing deposit accounts provided by banks and credit unions, operating similarly to savings accounts.
- MMAs generally offer higher interest rates compared to traditional savings accounts and may provide debit cards or check-writing capabilities for easier access to funds.
- MMAs at banks are FDIC-insured, while those at credit unions are insured by the NCUA with coverage up to $250,000 per account type, safeguarding depositor's funds in case of bank failure.
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9 Likes
HRKatha
7d
298
Image Credit: HRKatha
Microsoft bans use of DeepSeek app by employees over data-security concerns
- Microsoft has prohibited its employees from using the DeepSeek app due to data security and privacy issues.
- The app stores data on servers in China, raising concerns about potential data access by local authorities.
- DeepSeek app reportedly censors content not in line with Chinese guidelines, leading to fears of biased information exposure at Microsoft.
- Microsoft's ban on DeepSeek app reflects its commitment to data protection, responsible AI usage, and caution in handling geopolitical implications.
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