MIT Sloan Management Review Announces in One of the Largest Ever Studies of Corporate Culture the 2020 Culture Champions

CAMBRIDGE, Mass. and MILL VALLEY, Calif., Oct. 14, 2020 /PRNewswire/ — Today, MIT Sloan Management Review announced the 2020 Culture Champions, as determined by the Culture 500, a groundbreaking study that scientifically compares the corporate cultures of more than 500 of the largest companies driving the U.S. economy.  

The Culture Champions list comes out of the Culture 500, a large-scale, interactive research study conducted by researchers at the MIT Sloan School of Management. Studying over 1.4 million Glassdoor reviews from more than 500 of the largest employers in the United States, the Culture 500 is notable for its large scale — it is one of the largest studies of corporate culture ever conducted — and use of groundbreaking AI technology developed at MIT to make sense of over a million employee reviews.

The standout organizations in the study, the 21 Culture Champions were recognized because their employees

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Japan firms fall woefully short of meeting government goals on women in management – Reuters poll

TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

FILE PHOTO: A woman wearing a protective face mask uses an escalator in a quiet business district on the first working day after the Golden Week holiday, following the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan, May 7,2020.REUTERS/Kim Kyung-Hoon

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

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Japan firms fall woefully short of meeting government goals on women in management: Reuters poll

By Tetsushi Kajimoto

TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

Asked how much scope there was to increase female managers, 55% said by around 10%, a quarter said by about 20%, one in 10 firms said by around 30%, while 5% saw no room for that.

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New Oriental Education & Technology Group Inc. (EDU) Management on Q1 2021 Results – Earnings Call Transcript

New Oriental Education & Technology Group Inc. (NYSE:EDU) Q1 2021 Results Earnings Conference Call October 13, 2020 8:00 AM ET

Company Participants

Sisi Zhao – Director, Investor Relations

Stephen Yang – Chief Financial Officer

Conference Call Participants

Tian Hou – T.H. Capital

Felix Liu – UBS

Jin Yoon – Newstreet Research

Mark Li – Citi

Alex Xie – Credit Suisse

Sheng Zhong – Morgan Stanley

Lucy Yufrom – Bank of America Securities

Alex Liu – China Renaissance

DS Kim – JPMorgan

Tommy Wong – China Merchant Securities

Liping Zhao – CICC

Operator

Good evening and thank you for standing by for New Oriental’s FY 2021 First Quarter Results Earnings Conference Call. At this time all participants are in a listen-only mode. After managements prepared remarks there will be a question-and-answer session. Today’s conference call is being recorded. If you have any objections, you may disconnect at this time.

I’d now

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Ten Reasons Why Big Firms Stick With Obsolete Management

One of the great puzzles of the corporate world is why big corporations are still being run on obsolete 20th Century management principles when there is an obvious better alternative—21st Century management—that is producing unprecedented financial returns and market capitalizations.

“Most [firms] today are run on the basis of ‘legacy’ management systems that have become obsolete,” writes Menlo College professor Annika Steiber in The Silicon Valley Model. But why?

Even though 20th Century management is a coherent and consistent way of running a company, it is an increasingly poor fit with today’s fast-moving customer-driven marketplace. It has difficulty changing direction. It lacks agility. Here are ten reasons why 20th Century management still dominates.

1.    20th Century Management Operates As An Unstoppable Flywheel

Since 1970, 20th Century management has been preoccupied with a single-minded

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The Secret to Effective Time Management? Smaller Time Blocks

Most entrepreneurs wish they were better at managing their time. There are only eight hours in a standard work day, but it feels like you have 20 hours worth of tasks to do every day.

There are many legitimate solutions to this dilemma. One of the most valuable strategies is learning to delegate effectively to reduce your total workload. You can also automate certain tasks so you no longer have to actively manage them.

But once you’ve used all these tactics, you’ll be left with only one real solution to optimize your productivity: time management. Only by better managing your time will you be able to accomplish the greatest number of tasks in a day.



MBA BY THE BAY: See how an MBA could change your life with SFGATE’s interactive directory of Bay Area programs.


There are plenty of pieces of advice floating around about effective time management, but some

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Hotels and Hospitality Management Software Market | Reduction in Overall Operational Costs to Boost the Market Growth

The global hotels and hospitality management software’s market size is poised to grow by USD 1.14 billion during 2020-2024, progressing at a CAGR of about 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201009005405/en/

Technavio has announced its latest market research report titled Global Hotel & Hospitality Management Software Market 2020-2024. (Graphic: Business Wire)

Hotels are focusing on integrating newer technologies to lower expenses on document processing through automation. This is driving the adoption of hotel and hospitality management software. The software not only helps reduce dependency on

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Wealth Management M&A Activity Surges To Record Levels

The third quarter of 2020 will be remembered as one of the most unique periods of merger and acquisition activity in the history of the wealth management industry.

There were a record number of deals in Q3 – 55 transactions in total, according to the latest ECHELON Partners RIA M&A Deal Report – which surpasses the previous high of 53 deals that our research tracked in Q4 2019.

This record period comes directly after just 35 deals took place in Q2. This 57% increase in quarter-over-quarter M&A activity also registers as one of the sharpest increases in the industry’s history, marking a major rebound after the COVID-19-related market declines delayed and prolonged normal deal-making activity, as the figure below illustrates:

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Honeywell Acquires Rocky Research, A Technology Leader In Power And Thermal Management

PHOENIX, Oct. 7, 2020 /PRNewswire/ — Honeywell (NYSE: HON) has acquired privately held Rocky Research, a Boulder City, Nevada-based technology leader specializing in thermal, energy and power management solutions. This acquisition expands Honeywell’s existing, broad portfolio, which includes power generation systems, energy storage, and power and thermal management systems. It also combines Rocky Research’s proven research and development capabilities with Honeywell’s worldwide reach and engineering integration, test and production expertise.

The acquisition of Rocky Research positions Honeywell with an advanced capability in the fast-growing power and thermal management market. The combined, differentiated capabilities of Rocky Research and Honeywell will help reduce the size, weight, power and cost of thermal and power management and hardware systems. Rocky Research will be integrated into Honeywell’s Aerospace business.

“Rocky Research is an ideal addition to Honeywell’s expanding product portfolio. Effective cooling systems optimized for size, weight and power are critical to meet the growing

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14 Project Management Tips For New Tech Leaders

Tech leaders know there’s no shortage of project management systems, processes and programs out there—so many that a newcomer to the tech field can feel overwhelmed. While a new tech leader can use trial and error to eventually work through all the pros and cons of systems and processes and pin down what’s right for their organization, a smoother, faster path would be to turn to experienced tech leaders for their insights.

We asked the members of Forbes Technology Council to share top project management tips new tech leaders should remember. Their answers are below.

1. Know that modern project management tools are much more collaborative.

Project management is not what it used to be. Remember the old PMI? The principles are still useful, but today teams are empowered with agile delivery that’s iterative and client-centric. For these reasons, modern tools have way more collaboration in them. Think of

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