Business

Hiring friends and family might actually be good for business – new research

‘He’s a bit stupid but we go wayyyy back.’ fizkes Sheheryar Banuri, University of East Anglia Mark Zuckerberg, the CEO of Meta/Facebook, recently remarked in a podcast interview that when it came to hiring new staff, his preference was people whose “values aligned in the things that you care about”. This, he said, was akin to “choosing a friend or …

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‘Never let a crisis go to waste’: how three CEOs helped their companies thrive in a pandemic

Some businesses have managed to build positive outcomes from the crisis. MicroOne/Shutterstock Thomas Malnight, International Institute for Management Development (IMD) and Ivy Buche, International Institute for Management Development (IMD) The COVID-19 pandemic has prompted different responses from company CEOs seeking to ensure their businesses survive. Keeping their employees safe has been the first priority, but beyond that, their task has …

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COVID, climate change, Ukraine: three ways businesses can adapt their models to working in an age of crises

studiostoks/Shutterstock Oliver Laasch, University of Manchester It’s been a tough few years for people who own or manage a business. Lockdowns shut down whole industrial sectors worldwide, turning profitable businesses into loss-making ones, while a lot of smaller businesses went under. Many companies will now be hoping for a return to some type of normality after COVID. However, there are …

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COVID may have made us less materialistic – new research

Shutterstock/Shopping King Louie Olaya Moldes Andrés, Cardiff University The early days of COVID brought a new sense of urgency to shopping for certain items. Toilet paper, pasta and bread flew off the shelves as people stocked up on vital supplies. Then came the must-have purchases to help with the tedium of lockdowns, with hot tubs, kitchen gadgets and new pets …

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Ukraine: how the global fertiliser shortage is going to affect food

What happens now? lenina11only John Hammond, University of Reading and Yiorgos Gadanakis, University of Reading We are currently witnessing the beginning of a global food crisis, driven by the knock-on effects of a pandemic and more recently the rise in fuel prices and the conflict in Ukraine. There were already clear logistical issues with moving grain and food around the …

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Passionate about your job? Here’s why that might not be good for you

Shutterstock/fizkes Taha Yasseri, University College Dublin You might wish you were more passionate about your job. Or that you had the kind of job you could at least imagine being passionate about. Something that made you jump out of bed in the morning, excited about a new day filled with fist pumps and joy. But psychologists differentiate between two types …

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Ukraine: why the sanctions won’t topple Putin

Sergey V. Popov, Cardiff University Russia knows sanctions. In 2009, the death of Moscow anti-corruption lawyer Sergei Magnitsky in custody motivated Bill Browder, an entrepreneur who used to work in Russia and employ him, to lobby the US government to introduce sanctions against Russia. US sanctions were duly applied to 18 people in 2013 who had been directly related to …

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