Exceptional leaders often excel as skilled storytellers, and for good reason. Once a company hits a certain level of organizational complexity, one of the most important tasks the CEO has is to craft intellectually coherent and captivating narratives about the firm, its purpose, and its performance. Failure in this task means undermining the very existence of the company; a sin…
Marketing executives normally devote between 7% and 10% of their companies' revenues to marketing. Out of that, at least 72% of their overall marketing budget goes to digital marketing channels.Digital marketing spending is also on the rise, increasing by 11.1% from the first to the third quarter of 2024. Misallocating…
When you round the final bend in the road and see Villa Avellana, a 10-bedroom residence located on Costa Rica's Peninsula Papagayo, it's as if the house is growing out of Guanacaste's north Pacific landscape itself. Designed by Sarco Architects, the property sits in a gated neighborhood within a gated…
Despite significant growth in recent years, women are still a notable minority within STEM fields. Women make up an estimated 34% of the STEM workforce overall, yet in more lucrative fields like engineering and computer science, women only account for roughly 20% of college majors.While the gender gap persists in…
The global aviation industry is expected to experience a significant increase in passenger traffic in 2024, according to the International Air Transport Association. This is good news for the airlines, though passengers may find that flights are even more full than they were this year. 200 Million More Passengers Than…
When you set out to solve a problem that only a few people fully understand — let alone know they have — you step into a space where the rules are still being written. That's both the thrill and the risk of a "Blue Ocean" opportunity. For me, this meant…
AI is no longer a nice-to-have but a business imperative. 70% of companies plan to increase resources such as budget, employee time, training, and technological infrastructure towards AI investments in 2024, according to a recent Slalom survey. The technology has strong applications for customer support across all industries. Recently, Slalom…
For most K-12 students across America, December marks the end of the Fall semester. While young people wait with bated breath for the start of the holiday break, the U.S. Senate is considering expanding access to community schools nationwide. The Full-Service Community School Expansion Act of 2023, legislation championed by…
Most organizations define their values during pivotal moments — at their founding, during a rebrand or when leadership changes. But too often, those values are relegated to the About Us page of a website, sitting alongside the mission and vision statements, destined to be forgotten.Even when employees know the stated…
Multinational workplaces are becoming increasingly common in modern business. While diversity can be a strength, it can also give rise to cultural misunderstandings that hinder collaboration and productivity. Below, Forbes Human Resources Council members offer essential strategies for overcoming cultural barriers and fostering a harmonious work environment in multinational settings.…
As a parent, you want your kids to eventually become independent adults — but this transformation doesn't happen overnight. It involves carefully and gradually giving them more freedoms and responsibilities over years of growth and development until they reach a point where they're capable of making important or even risky…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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