Business Archives

AI’s Carbon Footprint May Imperil Global Climate Goals

How big is AI’s carbon footprint? How fast is it growing? Can anything be done to curb it? AI’s carbon footprint and energy use are growing rapidly and could undermine global climate change goals. Mitigating AI’s emissions will require a combination of corporate carbon reduction commitments, AI efficiency improvements, a shift to renewable energy, and government regulation. Continue reading to learn how the growth of AI is affecting the environment.

How to Practice Enlightened Leadership & Management

What do enlightened leaders do? How does enlightened leadership create an ethical company? According to Conscious Capitalism by John Mackey and Rajendra Sisodia, enlightened leaders and managers are the most important elements of an ethical company. They have the decision-making power to ensure that all interested parties win. Take a look at the responsibilities of enlightened leaders and managers.

How Can Businesses Be Socially Responsible? 3 Tactics

How can businesses be socially responsible? Does your business give back to the world? In Conscious Capitalism, John Mackey and Rajendra Sisodia make specific recommendations for meeting your responsibility without sacrificing anyone else’s needs. One of these responsibilities is contributing to society. Check out how businesses can uphold their social responsibility.

How to Use Systems Thinking in Business

How does systems thinking in business grow companies? How should you show your care to everyone in a company? In Conscious Capitalism, John Mackey and Rajendra Sisodia argue that leaders and managers can ensure that everyone involved wins if they demonstrate care and use systems thinking. By doing this, you’ll understand how their business and all interested parties are interrelated. Continue reading to get a better grasp of using systems thinking in business.

Why People Over Profit Boosts a Company’s Success

Why should you prioritize people over profit? How has Whole Foods Market thrived off this concept? Consciously capitalist companies (CCCs) succeed because making money isn’t the main focus. What’s most important is satisfying people and transforming the world. Learn why people over profit always wins, according to Conscious Capitalism by John Mackey and Rajendra Sisodia.

Digital Sweatshops: The Dark Side of Artificial Intelligence

How is artificial intelligence (AI) trained? What are digital sweatshops? What can be done to prevent exploitation? With the artificial intelligence market projected to hit $1.3 trillion over the next decade, companies are scrambling to train their AI products. However, training AI comes with hidden costs. These include exploitative labor practices in developing countries and refugee camps. Continue reading to learn more about the dark side of AI.

The First-Time Manager: Book Overview and Takeaways

What’s the book The First-Time Manager about? Are you transitioning into your first leadership position? Becoming a manager for the first time can be challenging. In The First-Time Manager, Jim McCormick discusses how to transition into your new managerial position and build an empowering team that’ll back you. Read below for a brief The First-Time Manager book overview.

What Is Merger Arbitrage? Profiting From Company Acquisitions

What is merger arbitrage? How does a merger impact share values, and how can you use those changes to your advantage? Merger arbitrage is a strategy where investors take advantage of changing share values when one company acquires or merges with a second company. When shareholders receive new shares in a merger, they often sell those shares at a bargain price, creating an opportunity for special-situation investing. Learn more about what merger arbitrage is with these concepts from Joel Greenblatt’s You Can Be a Stock Market Genius.

How to Build Relationships With Employees: 3 Helpful Tips

Are you having trouble building trust with your employees? Should you get to know your employees more? In The First-Time Manager, Jim McCormick writes that a way to transition smoothly into your new management role is to build relationships with your employees. This makes people feel valued and helps you understand how to best support them. Let’s look at how to build relationships with employees to make you feel comfortable in your new role.

How to Build an Effective Team: 4 Steps for Managers

Do your employees struggle when working together? How can you build an effective team? The First-Time Manager by Jim McCormick argues that the most important task of a manager is recruiting and maintaining a team of strong and effective individuals. He discusses how to hire and train the right people, evaluate their performance and give feedback, and empower your team to take initiative. Keep reading to learn how to build an effective team.