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Why Empathy is the Most Important Leadership Skill Right Now?

Empathy has always been a crucial leadership talent, but it is now taking on a new meaning and importance. It is far from a soft approach, and it has the potential to produce major business benefits. You’ve always known that demonstrating empathy benefits people, but recent study shows that it’s critical for everything from invention to retention.Great leadership requires a fine mix of all kinds of skills to create the conditions for engagement, happiness and performance, and empathy tops the list of what leaders must get right. The Effects of Stress The reason empathy is so necessary is that people

El Salvador Becomes Bitcoin Laboratory As First Nation To Adopt It As Legal Tender

El Salvador became the first country to embrace Bitcoin on September 7, 2021, when it became legal tender. The move has converted the Central American country into the world’s first national experiment in using the often volatile currency, which is gaining popularity among investors and speculators throughout the world. Bitcoin’s price fell sharply after El Salvador announced the move, recovering slightly by early afternoon Tuesday. In 2001, El Salvador’s Law of Monetary Integration set a fixed rate of exchange between the U.S. dollar and that country’s monetary unit, the colon. While the colon technically remains legal tender, it is no

Amazon Plans to Open Large Retail Locations Akin to Department Stores

According to The Street Journal, Amazon plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said. The plan to launch large stores will mark a new expansion for the online-shopping pioneer into bricks-and-mortar retail, an area Amazon has long disrupted. Amazon is stepping up its move into bricks-and-mortar retail Some of the first Amazon department stores are expected to be located in Ohio and California, the

Energy Transformation | Mercedes – Benz To Spend $47 Billion for Electric – Only Lineup

Energy Transformation | Mercedes-Benz To Spend $47 Billion for Electric-Only Lineup LONDON — The European Union detailed on Wednesday how it will reduce greenhouse gas emissions in the coming years, with the plan potentially revolutionizing many sectors from air travel to shipping. The 27-member bloc has vowed to become carbon neutral by 2050 and to reduce its greenhouse gas emissions by at least 55% by 2030 from 1990 levels. The autos sector is one of the hardest hit by the new rules, with the commission proposing a de facto ban on diesel and gasoline cars by 2035. A senior EU

Development

How To Improve Employee Comfort Levels Before Returning To The Office?

With the COVID-19 vaccine becoming more widely available, workers are returning to the office after more than half a year of working from home. It’s a lot like kids returning to school after summer break, but it’s intensified because many people have been at home for almost a year and a half,” says Kelly Sopchak, a psychologist with the Texas A&M University Health Telebehavioral Care Program. Consider these 5 actions to increase employee comfort: Survey your workforce  Survey your workforce and consider segmenting this survey by generation, geography, gender, and type of work environment the employee is currently working in.

The Vital Importance Of Data: Five Ways To Make The Most Of Your Data

As economies have digitized, business leaders now recognize that data is at the heart of digital businesses. By using data effectively, a company is able to streamline the process of getting a product made and putting it in the hands of the customer. The cost savings from not doing shotgun advertising or paying too much for resources can significantly affect a company’s bottom line profits.    Data-driven companies tend to generate 8 – 10 percent more profit In the meantime, organizations struggle to unite and access real-time data. Companies generate a lot of data, and while they have good intentions

Why Many Startups Often Mess Up Their Early Sales Hires?

According to an analysis by CBInsights, the number one reason why startups fail is that there is no market need for them. This pertains directly to sales roles, since the objective for a truly revolutionary startup is to create a market for the business. What Does the Sales Team Actually Do at a Startup? Generate leads Sales associates create lists of different people/companies that would benefit most from the product they’re selling. These names are called leads (mainly because they’re contacts that can potentially “lead” to a sale). Reach out to projects Sales team members usually make first contact with

3 Advantages of Taking Corporate Venture Capital – Top 6 Venture Capital Firms in Viet Nam

Whether you’re reading an Vietcetera post, catching an Uber or riding a motorbike of DATBIKE, you use services and products from venture capital-backed companies every day. Yet, the average person is unlikely to know much, if anything, about this world. As an investor, or startups, let’s explore with primus about the advantages that venture capital funds bring, and the top 6 venture companies in Vietnam. What is venture capital? Venture capital is a form of financing where capital is invested into a company, usually a startup or small business, in exchange for equity in the company. It is also a

Lifestyle

Improve Mental Clarity, Job Productivity And Career Success With 3 Posture Effective Tips

Around 65 million Americans suffer from back pain because of poor posture when we’re working, leading to 83 million days of lost work each year. Many of us are so focused on job performance we ignore or downplay how we use our bodies in ways that don’t serve us. Especially, In the Covid-19 pandemic, many of us don’t have a proper home office setup. Here is 3 Posture tips for you to Improve mental clarity, job productivity and career success. Dr. Vikki Petersen, certified clinical nutritionist, chiropractor and certified functional medicine practitioner highlights the importance of knowing how your posture

Bill Gates: “This Book Was So Good, I Stayed Up With It until 3 a.m” – The Rosie Project

Gates was introduced to the book by his wife Melinda, who “kept stopping to recite parts of it out loud” to him, he said in an interview with The New York Times. “Eventually, I decided to take a look. I started it one night at 11:00 p.m. and stayed up with it until 3:00 a.m.” What is in the book that appeals to Bill Gates so much? Let’s check it out! “The Rosie Project” by Graeme Simsion This hilarious, feel-good novel is narrated by an oddly charming and socially challenged genetics professor on an unusual quest: to find out if

Skip Business Books, Here Are 7 Works Of Fiction That Will Give Leaders New Perspectives

Learn business and leadership through fiction, why not? While business books remain popular among executives, however it shouldn’t be the only book on your reading list. Fiction books – along with many other genres – teach us about how the world works, the way people live in it, and a wide range of insights. It includes psychology, business, history, and culture. Novels can help us see the world through a new lens – and they’re fun to read, too. This is also what true leaders aim to diversify their views in a positive direction. According to the professor of leadership

7 Ways Managers Can Support Employees’ Mental Health

Businesses have never been more aware of the importance of mental health than now. But paying mental health greater lip service doesn’t necessarily equip managers to actually deal with it any better in the workplace; nor does it help employees access the right support when they need it. According to a recent UK survey, 30% of employees feel unable to speak openly to management about feeling stressed. It is the corporate responsibility of every business to ensure this barrier is removed. Mental health awareness is not enough; it needs to be coupled with actual action. There are a ton of useful free