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Best Project-Based ESG Risk Scoring Tool | Supplier Diversity ROI
Best Project-Based ESG Risk Scoring Tool powered by LOCOMeX for tracking business's Sustainability, ESG. To know more Visit Us: https://bit.ly/3P9J3Bq
#locomex#best project-based esg scoring tool#supply chain optimization software#best supplier software#supplier software for diverse organizations#supply chain optimization#best supplier platform for diverse suppliers#corporate sustainability software#project-based esg risk scoring tool
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#Crypto profits#AI bot technology#Binance bots software#Coinbase#sustainable gains#bear market#corporate infrastructure#customer support#minimum deposit#daily reinvestment.
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Boeing and its 737 are a textbook case. In October 2018 and March 2019, two crashes of an earlier version of the Max 737 killed 346 people, and grounded the planes for nearly two years. The disasters were ultimately traced to design failures in the model’s flight control software info that was not conveyed in its guidance to pilots, not to mention the Federal Aviation Administration, even though executives knew about it. Yet repercussions were almost nonexistent. A midlevel functionary charged criminally was acquitted by a jury in a matter of hours. It took the better part of a year — and two embarrassing days of congressional testimony — for Boeing to fire then-CEO Dennis Muhlenberg. The Trump administration ultimately decided to fine Boeing $2.5 billion for not informing the FAA about software changes that contributed to the fatal airline crashes, while deferring a criminal charge against the company. For Boeing, the fine effectively amounted to a business expense. The government even declared the company’s failure and misconduct “not pervasive,” a huge favor to a company facing massive lawsuits from victims’ families. Given this farcical excuse for accountability, it’s no surprise that the trouble didn’t stop for Boeing and the Max 737’s manufacturer, Spirit AeroSystems. The Lever reported Tuesday morning that a federal securities lawsuit filed last year against Spirit alleges “widespread and sustained quality failures,” including pressure on employees to downplay “defects.” And according to the Financial Times, last year Boeing itself flagged Spirit for improper installations and badly drilled holes on other 737s.
Boeing’s midair blowout is just a symptom of a much deeper rot
“For Boeing, the fine effectively amounted to a business expense.”
When I heard about this blowout on the 737, my first thought was, “this was caused by corporate greed and cutting corners, because Republicans have eviscerated accountability in corporate America.”
There is no satisfaction in learning that I am likely correct, just the grim knowledge that they’ll probably tighten some screws, but the rot at the core of the danger will be left untouched.
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im sorry but i need to geek out somewhere and screaming into the void on tumblr is less likely to get me flayed than on twitter, especially if i get terms wrong. plus i can do a read more and yall can click into the tech talk if you want to verse it bombarding your twitter timelines
so idk if i only liked it or if i actually put it in my queue but i saw a post that talked about a few pieces of tech that focus on user repairs and being sustainable (fairphone and frameworks laptop) and after doing some more research into what they have to offer i actually really excited that these products are finely hitting the us market and that people are moving away from the belief that super smooth streamlined glassy = the future. being able to reliably repair and keep what you have alive verse throwing the whole thing away when maybe all you needed to do is add more ram to your current laptop (something that i would do with my laptop to keep using it for a few more years if it wasnt glued shut and i was at risk of cracking the screen) or swap out a fuse.
i know big corporations dont like it but i truly do believe with how much tech we use on a daily basis that the way that we are going to be more environmentally friendly is to move back to tech that we can hang onto for as long as we can and to recycle and then reuse what we cant. like with the frameworks laptop. i saw that they just partnered with coolermaster to create a case specifically so that you can reuse you motherboard, cpu, etc and make a portable workstation. you could dual wield with the laptop you just upgraded if you want to dedicate specific tasks to one or the other. they also specifically mentioned that you could screw it into the back of a monitor and create your own all in one. guys thats cool as shit??? if you had a 3d printer and some time you could even create that yourself
on top of the actual hardware part moving to open source programs when your able. when i update my desktop i plan on running linux. it might have a learning curve compared to windows but in terms of performance??? ive heard that it runs smoother even on older machines, that its more efficient because isnt running stuff in the background that tracks your data and shit. now i understand that not everyone can do that because there are some programs that dont play nice with linux but for my needs at least it does everything i would need it to. and maybe a couple years down the road we do figure out how to run these programs on certain flavors of linux since its open source and people fiddle with it so much. (still looking for alternatives to like word and excel though, i use google docs since its free but i want to move away from them as much as i can too since they laid of their youtube music team (i believe?? it might of been a different branch) for trying to unionize)
if anyone knows of any other smaller companies that actually focus on sustainability and user repairability please let me know. theres certain pieces of tech that i think are now unfortunately behind a software repair paywall, things that used to be just machines and are gaining more bells and whistles like cars and refrigerators if that makes sense. but the more we push for these things to be repairable by us the consumers id hope that would change, or there would at least be options that dont need specific companies to repair them or else they blow up
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Currently at an industrial software conference catering heavy industry, mostly mining and energy. The amount of money in display for this extremely frivolous corporate do. You can tell this is where society's productivity is really being funnelled; what our system really cares about.
Massive screens and auditoriums lit up in company colours while the working class budgets. Endless talk about sustainability while half the people in the room make buck from oil processing.
At the start they a group come out on stage covered in paint and do a sort of tribal percussion performance banging on oil drums. Compelling, but it feels sort of perverse, in a way. Not like it wasn't appropriate set dressing, though. The human race does not change; we still have people whooping and drumming in ecstasy at the front of the cave, all that's changed is the size of the fire we're burning. It encompasses the whole planet, now.
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In 2023, the fast-fashion giant Shein was everywhere. Crisscrossing the globe, airplanes ferried small packages of its ultra-cheap clothing from thousands of suppliers to tens of millions of customer mailboxes in 150 countries. Influencers’ “#sheinhaul” videos advertised the company’s trendy styles on social media, garnering billions of views.
At every step, data was created, collected, and analyzed. To manage all this information, the fast fashion industry has begun embracing emerging AI technologies. Shein uses proprietary machine-learning applications — essentially, pattern-identification algorithms — to measure customer preferences in real time and predict demand, which it then services with an ultra-fast supply chain.
As AI makes the business of churning out affordable, on-trend clothing faster than ever, Shein is among the brands under increasing pressure to become more sustainable, too. The company has pledged to reduce its carbon dioxide emissions by 25 percent by 2030 and achieve net-zero emissions no later than 2050.
But climate advocates and researchers say the company’s lightning-fast manufacturing practices and online-only business model are inherently emissions-heavy — and that the use of AI software to catalyze these operations could be cranking up its emissions. Those concerns were amplified by Shein’s third annual sustainability report, released late last month, which showed the company nearly doubled its carbon dioxide emissions between 2022 and 2023.
“AI enables fast fashion to become the ultra-fast fashion industry, Shein and Temu being the fore-leaders of this,” said Sage Lenier, the executive director of Sustainable and Just Future, a climate nonprofit. “They quite literally could not exist without AI.” (Temu is a rapidly rising ecommerce titan, with a marketplace of goods that rival Shein’s in variety, price, and sales.)
In the 12 years since Shein was founded, it has become known for its uniquely prolific manufacturing, which reportedly generated over $30 billion of revenue for the company in 2023. Although estimates vary, a new Shein design may take as little as 10 days to become a garment, and up to 10,000 items are added to the site each day. The company reportedly offers as many as 600,000 items for sale at any given time with an average price tag of roughly $10. (Shein declined to confirm or deny these reported numbers.) One market analysis found that 44 percent of Gen Zers in the United States buy at least one item from Shein every month.
That scale translates into massive environmental impacts. According to the company’s sustainability report, Shein emitted 16.7 million total metric tons of carbon dioxide in 2023 — more than what four coal power plants spew out in a year. The company has also come under fire for textile waste, high levels of microplastic pollution, and exploitative labor practices. According to the report, polyester — a synthetic textile known for shedding microplastics into the environment — makes up 76 percent of its total fabrics, and only 6 percent of that polyester is recycled.
And a recent investigation found that factory workers at Shein suppliers regularly work 75-hour weeks, over a year after the company pledged to improve working conditions within its supply chain. Although Shein’s sustainability report indicates that labor conditions are improving, it also shows that in third-party audits of over 3,000 suppliers and subcontractors, 71 percent received a score of C or lower on the company’s grade scale of A to E — mediocre at best.
Machine learning plays an important role in Shein’s business model. Although Peter Pernot-Day, Shein’s head of global strategy and corporate affairs, told Business Insider last August that AI was not central to its operations, he indicated otherwise during a presentation at a retail conference at the beginning of this year.
“We are using machine-learning technologies to accurately predict demand in a way that we think is cutting edge,” he said. Pernot-Day told the audience that all of Shein’s 5,400 suppliers have access to an AI software platform that gives them updates on customer preferences, and they change what they’re producing to match it in real time.
“This means we can produce very few copies of each garment,” he said. “It means we waste very little and have very little inventory waste.” On average, the company says it stocks between 100 to 200 copies of each item — a stark contrast with more conventional fast-fashion brands, which typically produce thousands of each item per season, and try to anticipate trends months in advance. Shein calls its model “on-demand,” while a technology analyst who spoke to Vox in 2021 called it “real-time” retail.
At the conference, Pernot-Day also indicated that the technology helps the company pick up on “micro trends” that customers want to wear. “We can detect that, and we can act on that in a way that I think we’ve really pioneered,” he said. A designer who filed a recent class action lawsuit in a New York District Court alleges that the company’s AI market analysis tools are used in an “industrial-scale scheme of systematic, digital copyright infringement of the work of small designers and artists,” that scrapes designs off the internet and sends them directly to factories for production.
In an emailed statement to Grist, a Shein spokesperson reiterated Peter Pernot-Day’s assertion that technology allows the company to reduce waste and increase efficiency and suggested that the company’s increased emissions in 2023 were attributable to booming business. “We do not see growth as antithetical to sustainability,” the spokesperson said.
An analysis of Shein’s sustainability report by the Business of Fashion, a trade publication, found that last year, the company’s emissions rose at almost double the rate of its revenue — making Shein the highest-emitting company in the fashion industry. By comparison, Zara’s emissions rose half as much as its revenue. For other industry titans, such as H&M and Nike, sales grew while emissions fell from the year before.
Shein’s emissions are especially high because of its reliance on air shipping, said Sheng Lu, a professor of fashion and apparel studies at the University of Delaware. “AI has wide applications in the fashion industry. It’s not necessarily that AI is bad,” Lu said. “The problem is the essence of Shein’s particular business model.”
Other major brands ship items overseas in bulk, prefer ocean shipping for its lower cost, and have suppliers and warehouses in a large number of countries, which cuts down on the distances that items need to travel to consumers.
According to the company’s sustainability report, 38 percent of Shein’s climate footprint comes from transportation between its facilities and to customers, and another 61 percent come from other parts of its supply chain. Although the company is based in Singapore and has suppliers in a handful of countries, the majority of its garments are produced in China and are mailed out by air in individually addressed packages to customers. In July, the company sent about 900,000 of these to the US every day.
Shein’s spokesperson told Grist that the company is developing a decarbonization road map to address the footprint of its supply chain. Recently, the company has increased the amount of inventory it stores in US warehouses, allowing it to offer American customers quicker delivery times, and increased its use of cargo ships, which are more carbon-efficient than cargo planes.
“Controlling the carbon emissions in the fashion industry is a really complex process,” Lu said, adding that many brands use AI to make their operations more efficient. “It really depends on how you use AI.”
There is research that indicates using certain AI technologies could help companies become more sustainable. “It’s the missing piece,” said Shahriar Akter, an associate dean of business and law at the University of Wollongong in Australia. In May, Akter and his colleagues published a study finding that when fast-fashion suppliers used AI data management software to comply with big brands’ sustainability goals, those companies were more profitable and emitted less. A key use of this technology, Atker says, is to closely monitor environmental impacts, such as pollution and emissions. “This kind of tracking was not available before AI-based tools,” he said.
Shein told Grist it does not use machine-learning data management software to track emissions, which is one of the uses of AI included in Akter’s study. But the company’s much-touted usage of machine-learning software to predict demand and reduce waste is another of the uses of AI included in the research.
Regardless, the company has a long way to go before meeting its goals. Grist calculated that the emissions Shein reportedly saved in 2023 — with measures such as providing its suppliers with solar panels and opting for ocean shipping — amounted to about 3 percent of the company’s total carbon emissions for the year.
Lenier, from Sustainable and Just Future, believes there is no ethical use of AI in the fast-fashion industry. She said that the largely unregulated technology allows brands to intensify their harmful impacts on workers and the environment. “The folks who work in fast-fashion factories are now under an incredible amount of pressure to turn out even more, even faster,” she said.
Lenier and Lu both believe that the key to a more sustainable fashion industry is convincing customers to buy less. Lu said if companies use AI to boost their sales without changing their unsustainable practices, their climate footprints will also grow accordingly. “It’s the overall effect of being able to offer more market-popular items and encourage consumers to purchase more than in the past,” he said. “Of course, the overall carbon impact will be higher.”
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Pioneering the Future of Transportation: Innovative Car Engine Technologies
The automotive industry is undergoing a revolutionary transformation, driven by innovative car engine technologies that are shaping the future of nationwide car shipping. These advancements are crucial in improving vehicle performance, efficiency, and sustainability, paving the way for a new era of mobility. As environmental concerns and regulatory pressures mount, automakers are investing heavily in developing cutting-edge engine solutions that not only enhance performance but also reduce emissions and improve fuel economy.
Emerging Car Engine Solutions
1. Electric Powertrains
One of the most significant innovations in car engine technology is the rapid development of electric powertrains. Major automakers are investing heavily in electric vehicle (EV) production, aiming to become global leaders in electric mobility by 2030. Electric powertrains offer several advantages:
Zero direct emissions, contributing to reduced air pollution
Higher energy efficiency compared to traditional internal combustion engines
Instant torque delivery, providing improved acceleration and performance
By 2030, it is expected that 55 percent of all cars sold in Europe will be fully electric, highlighting the growing importance of this technology.
2. Advanced Internal Combustion Engines
While electric vehicles are gaining traction, innovative internal combustion engine designs are also being developed to improve efficiency and reduce emissions. These advancements include:
Variable compression ratio engines that adjust compression based on driving conditions
Homogeneous charge compression ignition (HCCI) engines that combine the best features of gasoline and diesel engines
These technologies aim to squeeze more power and efficiency out of traditional fuel sources, providing a bridge between conventional and fully electric vehicles.
3. Hybrid Powertrains
Hybrid powertrains, which combine internal combustion engines with electric motors, continue to evolve and offer a balance between traditional and electric technologies. Advanced hybrid systems provide:
Improved fuel efficiency through regenerative braking and electric-only operation at low speeds
Reduced emissions while maintaining long-range capabilities
Enhanced performance through the combination of electric and combustion power
4. Hydrogen Fuel Cell Technology
While still in the early stages of adoption, hydrogen fuel cell technology is gaining attention as a potential alternative to battery-electric vehicles. Fuel cell engines offer:
Zero emissions, producing only water vapor as a byproduct
Faster refueling times compared to battery charging
Longer range capabilities, especially for larger vehicles from the nationwide auto transport companies and long-distance transportation
The Future of Automotive Innovation
The continued development of advanced car engine technologies is set to transform the automotive landscape dramatically. As these innovations progress, we can expect to see:
Enhanced Vehicle Intelligence: The integration of AI and machine learning in engine management systems will lead to smarter, more responsive vehicles. For instance, BMW Group and NVIDIA Corporation's collaboration aims to integrate AI computing platforms into vehicles, enabling advanced autonomous driving capabilities and intelligent engine control features.
Improved Connectivity: The automotive industry is moving towards a more connected future. Ford Motor Company and Amazon Web Services (AWS) are developing a cloud-based platform for next-generation connected vehicles, enabling features like over-the-air software updates and predictive maintenance for engine systems.
Sustainable Transportation Solutions: With a focus on electric powertrains, hydrogen fuel cells, and more efficient combustion engines, the automotive industry is actively working towards reducing its environmental impact. This shift is expected to accelerate, with more automakers committing to sustainable practices and products.
Enhanced Performance and Efficiency: The combination of advanced engine control systems and innovative powertrain technologies will result in vehicles that are not only more efficient but also offer improved performance across various driving conditions.
Automakers are playing a crucial role in driving these innovations forward. Companies like General Motors, Volvo, Aston Martin, and Jaguar Land Rover are planning to manufacture only electric cars in the foreseeable future, demonstrating their commitment to sustainable mobility solutions.
Additionally, collaborative efforts between automakers, engine suppliers, research institutions, and government agencies are facilitating technology innovation, standardization, and scale economies that drive down costs and accelerate the adoption of cleaner, more efficient engines.
The future of auto transport services in california is being shaped by remarkable advancements in car engine technologies. From electric powertrains to advanced internal combustion engines and hydrogen fuel cells, these innovations are not only enhancing vehicle performance and efficiency but also contributing to a more sustainable automotive ecosystem.
As we move forward, the continued collaboration between automakers, nationwide car carriers, and automotive industries will be essential in realizing the full potential of these groundbreaking technologies, ultimately transforming the way we travel and interact with our vehicles.
The automotive engine market is expected to grow from USD 94 billion in 2022 to USD 130.63 billion by 2028, with a CAGR of 5.48%. This growth underscores the importance of innovative engine technologies in shaping the future of the best nationwide auto transport.
As these technologies continue to evolve, they will not only revolutionize the driving experience but also play a crucial role in addressing global environmental challenges and creating a more sustainable future for mobility.
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economy of HAIQIN
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date: november 24, 2024
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The Economy of Haiqin
Currency
Haiqian (HQN):
The currency symbol, HQN, is recognized regionally for stability and is commonly pegged against the USD. With a favorable exchange rate of 1 HQN to 0.75 USD, the Haiqian serves as a benchmark for economic health in neighboring countries.
Digital Currency:
As a forward-thinking nation, Haiqin has integrated digital currency into daily life. Roughly 80% of transactions are conducted digitally, promoting a cashless economy and streamlining payment methods for both domestic and international trade.
Banking & Financial Inclusion:
A highly developed banking sector offers easy access to financial services through mobile banking, particularly aiding small businesses. Public investment in financial education is substantial, aimed at improving fiscal literacy among citizens.
Trade Relations
Exports
Agricultural Products:
Due to fertile land and a favorable climate, Haiqin exports high-quality agricultural products, particularly fruits, vegetables, and grains during Iktoia. Specialty items, such as exotic herbs and teas unique to Haiqin, have a growing global market. These products are particularly sought after during harvest seasons, aligning with major festivals like Iktoia.
Artisanal Crafts:
Renowned for handmade textiles, clothes, pottery, and jewelry, the craftsmanship of Haiqin is a cornerstone of cultural exports, with a significant sales boost during the Festival of Arts.
Technology:
Leading the way in green energy, Haiqin exports solar panels, software, and sustainable tech solutions to several nations.
Imports
Raw Materials:
Haiqin imports metals, oil, and minerals essential to its manufacturing sectors.
Luxury Goods:
High-end fashion, imported automobiles, and gourmet foods are popular among the elite, highlighting Haiqin’s demand for imported luxury.
Wealth Distribution
Income Disparities:
While Haiqin as a whole is wealthy, income inequality is evident, with urban centers like Stellis holding the majority of economic wealth, while more rural areas face economic challenges. The wealthy class largely consists of business magnates, tech industry leaders, and high-ranking government officials.
Middle-Class Growth:
Urban centers, particularly Stellis, have seen a rise in middle-class citizens, contributing to consumer spending and economic diversification.
Regional Disparities:
While urban areas enjoy greater access to services and infrastructure, rural areas have fewer economic opportunities, relying heavily on agriculture and artisanal crafts.
--scripted out poverty <333
Taxes & Tithes
Income Tax:
A progressive income tax scales from 10% to 35%, ensuring that higher earners contribute more significantly. Revenues from taxes fund public services, healthcare, and social programs.
Property Tax:
Property taxes are assessed based on land value and are used to fund local infrastructure projects.
Trade Taxes & Tariffs:
Sales taxes on goods and services, coupled with protective tariffs, help sustain local industries, particularly in agriculture and manufacturing. A national sales tax applies to consumer goods and services, with specific tariffs on imports to protect Haiqin’s domestic industries.
Corporate Tax Incentives:
To encourage growth in key sectors, the government offers tax breaks and incentives to companies in tech and renewable energy fields, helping drive innovation and economic diversification.
Major Industries
Technology:
The tech sector is a powerhouse, with a focus on sustainable solutions, AI, and renewable energy technology. Haiqin has invested heavily in research and development, becoming known for cutting-edge advancements that are exported worldwide.
Agriculture:
Haiqin’s agriculture not only supplies its people with fresh produce but also generates export income. Farming is closely tied to cultural festivals like Iktoia, with agriculture supported by governmental subsidies and modernized techniques.
Tourism:
Festivals and natural beauty attract a steady influx of tourists, making tourism a primary economic driver. Events such as the Iktoia harvest festival, Nera Day, and Lunar Fest draw visitors year-round. The government promotes eco-tourism, highlighting Haiqin’s forests, mountains, and coastal regions.
Employment & Labor
Diverse Job Market:
The Haiqin labor market is diverse, with jobs spanning agriculture, technology, tourism, and manufacturing. The tech sector alone has led to a surge in jobs, while seasonal agricultural work remains important for rural populations.
Labor Laws & Unions:
Labor unions are active and influential, protecting fair wages and working conditions. Seasonal labor opportunities peak during harvest and festival seasons, with temporary roles often filled by students and short-term workers.
Social Safety Nets:
Haiqin’s social safety nets include universal healthcare, unemployment benefits, and retirement funds. The government aims to prevent poverty, supporting citizens in need with housing assistance, job retraining, and social programs for the elderly and disabled.
Sustainability Initiatives
Green Policies:
With eco-friendly initiatives spanning multiple sectors, Haiqin leads in sustainable agriculture, renewable energy, and waste reduction programs.
Circular Economy:
Recycling and resource-efficient production are emphasized. Industries are incentivized to minimize waste, with taxes on high-pollution businesses encouraging green alternatives.
Environmental Partnerships:
Collaboration with environmental organizations has facilitated eco-tourism and green business practices, creating jobs focused on conservation and sustainable development.
Infrastructure and Transportation
Transportation Networks: Haiqin boasts a modernized transportation system, with high-speed railways connecting major cities, public electric buses, and bike-sharing programs in urban areas. The government has invested heavily in infrastructure to reduce congestion and support eco-friendly transport.
Energy Sector: Haiqin generates most of its energy from renewable sources, including solar, wind, and hydroelectric power. Its commitment to reducing carbon emissions has led to advanced green energy technologies, some of which are exported.
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6 Tips to Boost Productivity for Business Leaders
Business leaders and successful entrepreneurs are renowned for their ability to achieve more in less time. They often seem naturally good at being productive and accomplishing their goals.
Besides discipline, what other measures can you take to boost productivity?
Some people hold themselves responsible by reading blogs and books for inspirational productivity quotes. Others log their work on productivity apps.
Regardless of your preferred motivation method, you will occasionally need productivity tips to move forward.
Let's explore some of the best tips to boost productivity for business leaders to help you on your entrepreneurial journey.
Read on.
The Importance of Productivity for Business Leaders
First, let's understand what productivity is and why it matters.
Being productive increases output and minimizes the time needed to complete a task. It involves striking a balance between the two to enhance performance.
Productivity is vital whether you're a beginner or an experienced entrepreneur.
Here's why it matters.
● Inspirational Leadership: As a business leader, maintaining high productivity sets a positive example for your team. It fosters a culture of high performance, which encourages your employees to adopt similar behaviors. Ultimately, this boosts your business' overall performance whether you’re managing a team or planning a corporate event.
● Informed Decision-Making: A productive leader can make informed decisions quickly. This keeps the business agile and reduces risks while exploiting opportunities.
● Efficient Goal Achievement: Your productivity will ensure the organization moves forward with purpose and direction. This will lead to sustained growth and long-lasting success.
Top 6 Tips to Boost Productivity for Business Leaders
Here are some productivity tips to help you accomplish things faster. If you’re looking for productivity tips for employees, then read this blog post by Attrock.
1. Prioritize & Delegate Tasks
Use a planner or a checklist, then prioritize your tasks based on urgency and importance.
This will help you focus on the most critical tasks and curb time wastage. You can aim for three priority tasks daily and not do anything else until you complete them.
This is especially beneficial for those who want to manage their time efficiently and increase productivity as a freelancer.
Being a productive leader also means recognizing when to delegate tasks and not do everything yourself.
Delegating tasks to people who are best suited for them helps boost productivity and tap into the specialized skills of your team members. It also frees your time and lets you concentrate on strategic initiatives and overall business growth.
Jeff Bezos, Amazon's founder, created a "two-pizza team" rule to ensure the appropriate delegation of tasks. The idea was to make small, autonomous teams that you could feed with two pizzas. The approach enabled the company to innovate rapidly and maintain high productivity across multiple projects.
Here's a video of Bezos explaining how the strategy impacted productivity and efficiency.
2. Leverage Technology & Automation
A productive business owner understands the value of leveraging technology. Using the right tools can help you optimize processes without sacrificing quality standards.
For example, you may use an ecommerce analytics software solution rather than manually following and analyzing the market. That means you can track your products' price and availability and monitor your competitors' promotional activities.
You may also need to learn to use a digital business card to improve your professional engagements and networking efficiency.
3. Encourage Transparent Communication
Effective communication is crucial for boosting productivity. So, ensure you create a work environment where transparent communication thrives.
A policy of openness and routine check-ins promotes the culture of sharing ideas and concerns. This helps prevent unforeseen circumstances by addressing issues before they escalate into significant concerns.
Besides helping address issues promptly, open communication fosters innovation and collaboration. It also saves time, minimizes misunderstandings, and keeps projects on track.
Satya Nadella, Microsoft's CEO, applies this strategy. He transformed the company's culture by encouraging transparent communication and a growth mindset.
In the following interview, Nadella speaks of encouraging employees to share feedback and ideas openly. This cultural shift resulted in enhanced innovation and collaboration.
Here's the interview.
4. Time Blocking
Time blocking is an effective productivity tactic embraced by many successful business leaders. It involves assigning specific blocks of time for different activities or tasks throughout your day.
You can reduce distractions and optimize your productivity by scheduling dedicated time slots for meetings, managing email, focusing on work, and engaging in personal activities. This technique helps prioritize tasks and manage time efficiently, ensuring that essential tasks receive the most attention.
Elon Musk applies this technique to manage his hectic schedule. He usually allocates five-minute slots to various tasks throughout the day. This strategy has significantly enhanced his productivity by enabling him to concentrate on one task at a time without interruptions.
Here's a video of Musk sharing how he applies time blocking to manage his time effectively.
5. Healthy Habits & Self-Care
Maintaining healthy habits and practicing self-care are crucial for sustaining high productivity levels. This includes regular exercise, a balanced diet, adequate sleep, and mindfulness practices.
These habits boost physical and mental health, improving focus, energy, and resilience. For example, you can include a morning workout, a nutritious breakfast, and meditation in your morning routine to start your day right.
The founder of the Huffington Post, Arianna Huffington, emphasizes the significance of sleep and self-care. She once collapsed from exhaustion, after which she changed her lifestyle and started prioritizing sleep. Besides improving her well-being, this shift boosted her creativity and productivity.
Here's a short talk of Arianna sharing the power of a good night's sleep. She highlights how this can enhance productivity, happiness, and more thoughtful decision-making.
6. Reflect & Evaluate
Regular self-reflection and evaluation help assess progress and identify areas for improvement. So set aside some time to review completed tasks, analyze outcomes, and adjust your approach. Reflect on successes and failures to learn and grow.
Bill Gates understands the value of this approach as he takes "Think Weeks" twice a year. He retreats to a quiet place where he reads and reflects on his life and work. This practice has been beneficial in generating new ideas, contributing significantly to his productivity and success.
Here's a short animated video about this strategy.
Key Takeaway
Productivity is essential for business leaders to make informed decisions, achieve organizational goals, and inspire their teams.
Adopt these productivity tactics and incorporate them into your life. You'll also need to learn to develop the right habits to unleash your potential as a productive entrepreneur.
Good luck!
Reena Aggarwal
Reena is Director of Operations and Sales at Attrock, a result-driven digital marketing company. With 10+ years of sales and operations experience in the field of e-commerce and digital marketing, she is quite an industry expert. She is a people person and considers the human resources as the most valuable asset of a company. In her free time, you would find her spending quality time with her brilliant, almost teenage daughter and watching her grow in this digital, fast-paced era.
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#productivity#Professional Productivity#business leaders#boost productivity#tools to boost productivity#tips to boost productivity#productivity tips#importance of productivity#inspirational leaders#informed decision making#goal achievement#increase productivity#jeff bezos#satya nadella#microsoft#amazon#time blocking#elon musk#manage schedule#manage time#healthy habits#self care#huffington post#arianna huffington#significance of sleep#self-care#prioritizing sleep#well-being#boost creativity#bill gates
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Thailand Board of Investment
The Thailand Board of Investment (BOI), established in 1966, serves as a vital gateway for foreign businesses seeking to invest and establish a foothold in the Southeast Asian nation. Acting as a one-stop shop, the BOI offers a range of incentives and support mechanisms to make Thailand an attractive and competitive investment destination.
Who Benefits from the BOI?
The BOI's programs target a broad spectrum of foreign investors, including:
Manufacturers: Companies engaged in the production of goods, particularly those aligned with Thailand's focus industries (like automotive, electronics, and food processing).
Technology Companies: Businesses involved in areas like software development, biotechnology, and digital innovation are highly encouraged.
Service Providers: The BOI welcomes foreign companies offering services in sectors like healthcare, tourism, and logistics.
What Incentives Does the BOI Offer?
The BOI provides a compelling package of incentives to attract foreign investment. These benefits can include:
Corporate Income Tax Exemptions: Partial or complete exemption from corporate income tax for a set period.
Import Duty Exemptions: Reduced or waived import duties on machinery, raw materials, and technology crucial for business operations.
Tax Breaks on Investment Costs: Incentives to encourage investment in research and development, infrastructure development, and employee training.
Simplified Business Registration: The BOI streamlines the business registration process for promoted companies.
Work Permit Facilitation: Assistance in obtaining work permits for foreign skilled workers needed for the project.
Focus Industries and Thailand's Development Goals
The BOI's promotional programs strategically align with Thailand's national development goals. By prioritizing industries like advanced manufacturing, digital technology, and environmentally friendly practices, the BOI aims to:
Drive Economic Growth: Attract foreign investment that fosters job creation and boosts Thailand's export capabilities.
Enhance Technological Advancement: Encourage technology transfer and innovation to elevate Thailand's industrial competitiveness.
Promote Sustainable Development: Support businesses that implement environmentally responsible practices and contribute to a greener future for Thailand.
How to Apply for BOI Promotion
Foreign businesses can apply for BOI promotion by submitting a detailed proposal outlining their investment project, including the nature of the business, target market, and projected economic benefits to Thailand. The BOI provides clear guidelines and application procedures on their website https://www.boi.go.th/en/index/.
Investing in Thailand's Future
The Thailand Board of Investment presents a compelling proposition for foreign businesses seeking to expand their reach in Southeast Asia. With its attractive incentives, strategic focus, and commitment to development, the BOI paves the way for a successful and mutually beneficial partnership between foreign investors and Thailand's growing economy.
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Global top 13 companies accounted for 66% of Total Frozen Spring Roll market(qyresearch, 2021)
The table below details the Discrete Manufacturing ERP revenue and market share of major players, from 2016 to 2021. The data for 2021 is an estimate, based on the historical figures and the data we interviewed this year.
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual financial reports of the top companies; while primary research includes extensive interviews of key opinion leaders and industry experts such as experienced front-line staffs, directors, CEOs and marketing executives. The percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
According to the new market research report “Global Discrete Manufacturing ERP Market Report 2023-2029”, published by QYResearch, the global Discrete Manufacturing ERP market size is projected to reach USD 9.78 billion by 2029, at a CAGR of 10.6% during the forecast period.
Figure. Global Frozen Spring Roll Market Size (US$ Mn), 2018-2029
Figure. Global Frozen Spring Roll Top 13 Players Ranking and Market Share(Based on data of 2021, Continually updated)
The global key manufacturers of Discrete Manufacturing ERP include Visibility, Global Shop Solutions, SYSPRO, ECi Software Solutions, abas Software AG, IFS AB, QAD Inc, Infor, abas Software AG, ECi Software Solutions, etc. In 2021, the global top five players had a share approximately 66.0% in terms of revenue.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Top Notch Supplier Diversity Program Automation in the USA
Explore sustainable procurement through Supplier Portal, the best Supplier Diversity Program Automation solution by LOCOMeX. Visit: https://bit.ly/3W1pa1v
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Master GHG ACCOUNTING CARBON FOOTPRINT Training with 4C Consulting
Understanding greenhouse gas (GHG) emissions and accurately accounting for your organization’s carbon footprint is critical in today’s environmentally conscious world. GHG ACCOUNTING CARBON FOOTPRINT Training is essential for businesses aiming to reduce their environmental impact and achieve sustainability goals. This blog will delve into the understanding, importance, and training aspects of GHG ACCOUNTING CARBON FOOTPRINT, highlighting why 4C Consulting is the best partner for this training.
Understanding GHG ACCOUNTING CARBON FOOTPRINT
Definition: GHG accounting is the process of measuring the amount of greenhouse gases emitted directly or indirectly by an organization, product, or service. It involves identifying and quantifying emissions from various sources such as energy use, transportation, waste, and industrial processes.
Purpose: The primary purpose of GHG accounting is to provide a clear and comprehensive picture of an organization’s carbon footprint, enabling it to track emissions, set reduction targets, and implement strategies to mitigate its impact on climate change.
Importance of GHG ACCOUNTING CARBON FOOTPRINT
Regulatory Compliance: Many regions and countries have stringent regulations and reporting requirements for GHG emissions. Accurate accounting ensures compliance with these regulations, avoiding potential fines and penalties.
Sustainability Goals: Understanding and managing carbon footprint is crucial for achieving sustainability targets. It allows organizations to identify key areas for improvement and develop effective carbon reduction strategies.
Corporate Responsibility: Demonstrating a commitment to reducing GHG emissions enhances an organization’s reputation and credibility. It shows stakeholders, including customers, investors, and employees, that the company is serious about its environmental responsibilities.
Cost Savings: Identifying inefficiencies in energy use and other processes through GHG accounting can lead to significant cost savings. Reducing emissions often goes hand-in-hand with reducing energy consumption and improving operational efficiency.
Market Advantage: As consumers and businesses become more environmentally conscious, demonstrating a low carbon footprint can provide a competitive advantage. It can differentiate a company’s products and services in a crowded marketplace.
GHG ACCOUNTING CARBON FOOTPRINT Training
Comprehensive Curriculum: The training covers all aspects of GHG accounting, including the principles of carbon footprint measurement, data collection and analysis, and reporting standards.
Hands-on Practice: Participants engage in practical exercises and case studies to apply the concepts learned. This helps in understanding real-world applications and challenges.
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4C Consulting is renowned for its expertise and comprehensive approach to GHG ACCOUNTING CARBON FOOTPRINT Training. Our experienced trainers provide tailored solutions to meet the specific needs of your organization. With a strong focus on practical application and regulatory compliance, 4C Consulting ensures that your team is well-equipped to manage and reduce your carbon footprint. Choose 4C Consulting to gain the knowledge and skills necessary to drive your organization’s sustainability initiatives and enhance your environmental performance.
GHG ACCOUNTING CARBON FOOTPRINT Training is vital for organizations committed to sustainability and regulatory compliance. Understanding and managing carbon emissions not only benefit the environment but also provide significant operational and reputational advantages. With 4C Consulting, you can ensure your team receives the best training to achieve these goals effectively. Contact us now.
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For those who can't see the screenshot post, for whatever reason it may be:
@sillyrookie posted:
Ok, since @hairiclilred asked, I'll start my dumb rant.
Over here in the US, the videogame market fell off a cliff in 1983 due to a reckless oversaturated market flooded with low quality dreck that killed player interest. So many unsold Atari games ended up filling landfills.
Revenue dropped by 97%. It was catastrophic. Videogames died in America for a couple years due to short-sighted business decisions by major corporations.
The American market was revitalized when Nintendo came over and instituted limits to third parties to keep quality up, while also ensuring that quality was their brand. America only has a video game market today because of Nintendo.
I think the current environment of constant remakes, mergers, layoffs, diminishing returns on blockbuster products, and corps thinking they can use "AI" to regurgitate their once valuable IP will cause a similar crash.
What I find interesting is how many classic IP will end up dying in the wake of this.
At the moment so many distinguished studios with established IP are getting bought up by corps, only to lay off the workers and shutter the studios.
The workers don't just lose their jobs, they lose the IP they created. Even if the team can regroup, they can't use the stuff they made anymore. The IP dies with the studio.
So stuff like this makes me feel like we're right at the brink of a collapse that will kill ALOT of once profitable IP when audiences are made sick and tired of alot of stuff they used to love.
These IP owners don't understand the products they own, the workers that make it, and the audience that buy it; and many in the c-suite have actual contempt for all three things.
When an IP stops being profitable, corps shut it down, lock it away unless somebody has the capital to buy it from them.
The only thing they understand is that an old movie made by humans generated billions of profits for them because an audience enjoyed it, and instead of taking new risks it's "better" business short term to just rehash the stuff that made money before. And if they expect "generative AI" to make more content even faster, expect a sea of endless remakes, each shittier than the last one.
Things are bad now, and they're gonna get way worse real fast.
I expect a cultural massacre. What does that look like?
It's obviously a different world today than the 1980s, but Nintendo's core business ideology has stayed consistent, and they'll weather a AAA crash with no problem because they don't play the AAA space at all.
They make a sustainable lower-tech console that's sold at a profit (the traditional model before the Wii was to make a powerful console and sell it at a loss so that you made your money on software sales) and their brand still means quality even 40 years later. Not every game they do is amazing, but their batting average is high and they go out of their way to avoid dropping anything half-baked.
I think every other industry is gonna need their own Nintendos to rise from the ashes. The more I learned about the history of the industry, the more respect I have for them.
And they are NOT perfect. But it the broad strokes they're the example I think most should follow to have a sustainable industry that keeps everyone happy.
Heck, I'll define "everyone happy:"
Artists properly paid, having job security, and able to BE creative.
Players having quality games to enjoy.
Businesses being sustainable for the long term, properly using the revenue from successes to experiment with new ideas, and not screwing anyone over.
[Image: Sonic saying "I WANT SHORTER GAMES WITH WORSE GRAPHICS MADE BY PEOPLE WHO ARE PAID MORE TO WORK LESS AND I'M NOT KIDDING".]
If the collapse I'm imagining does actually happen, the only possible thing to grow out of it are new IP from all the artists that got laid off.
New stuff would be the only things coming out for a while and the only things people want if the big franchises burned them out.
Depending on how audience sentiment is by that point, public domain stuff might become suspect as well, which is also an interesting scenario to me.
I think about how the current remake ecosystem is targeted at millennials (which I am) while the pendulum is already set to swing in the other direction.
Sorry for not talking about this part first. 😂
74% of that survey wants new stuff. The major IP holders are about to commit suicide if they go through with the "AI will make us 30 remakes per second" scheme.
One thing I hope DOESN'T happen is a backlash against honesty in the creative process.
We were culturally at a point where the average joe could understand that new ideas don't come from nowhere and are all mutations of old ideas.
Game of Thrones exists because Lord of the Rings came first, which owes it's existence to Norse myth and Beowulf, ect ect.
We're at the point where youtubers make games out of seeing what a song sampled from, the references a movie made, on and on.
But right now a popular spiel from "AI" charlatans to justify IP theft is the assertion that there's no difference between stealing copyrighted media for an LLM to regurgitate and a human being inspired by the ideas and experience they felt from another creator's work and creating a new thing under the established rules of copyright. It's a lie, but it keeps getting repeated to justify theft.
As the scam cycle winds down, I think they might be poisoning the discourse in a lasting way. We could go back to people lying about how ideas work, and that has only negative effects on human expression as a whole.
I want a world where everyone understands the difference between inspiration and a ripoff and can appreciate human creation better than previous generations have. We were right there before the scammers showed up.
So yeah, another rant out of me. 😂
So when people want new IP, they also need to understand what it means that Dragonball was a goofy parody of Journey to the West.
Dragonball is alot of things, it's inspirations are loud and obvious (even the Terminator is in there), but it's also a unique work created through the mind of one talented individual that nobody else could have made, because nobody else was Akira Toriyama, and ALL the subsequent works inspired by Dragonball (One Piece, Naruto, Hero Academia, Sonic the Hedgehog, ect) are their own original works that stand on their own, but still owe their existence to Toriyama's work as much as he owes his work to the things that inspired him.
The best ecosystem is where everyone encourages new IP and also fully understands how they come into being.
(Using this example for obvious reasons.)
Discord Post Reaction: [☝️ 1]
To go back to the topic of videogames, Toys for Bob recently made themselves layoff proof by going full independent.
With the level and volume of world class talent being laid off in the industry, I think we'll see more and more indy teams pop up if they can organize the means to do so.
There is too much high pedigree talent out there right now to just disappear or eventually go back to the people that screwed them over. The current ecosystem allows smaller teams and projects to flourish.
I am 100% down for an industry with less games like Immortals of Aveum and WAY more games like Pizza Tower.
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From Campus to Career : MITCORER creates exciting opportunities in Corporates and Railway Engineering fields
Embarking on the journey from campus to career is a pivotal moment for engineering graduates, filled with anticipation and excitement. At MITCORER (MIT College of Railway Engineering and Research), this transition is not just a step, but a leap towards a future filled with opportunities and achievements. Renowned for its excellence in both corporate and railway engineering fields, MITCORER goes above and beyond to prepare its students for success in their professional endeavors.
MITCORER's commitment to academic excellence forms the cornerstone of its approach to placement preparation. The institution leaves no stone unturned in ensuring that students receive a robust education that not only equips them with technical knowledge but also hones their critical thinking and problem-solving skills. With a curriculum designed to meet industry standards and evolving trends, students graduate from MITCORER well-prepared to tackle the challenges of the real world.
However, MITCORER's efforts do not end with academics. Recognizing the importance of industry exposure and practical experience, the institution goes the extra mile to facilitate internships, projects, and industry interactions for its students. From corporate giants to niche railway engineering firms, MITCORER invites a diverse array of companies to its campus, providing students with firsthand exposure to the workings of the industry.
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Similarly, in civil engineering, students have the chance to intern or work with reputed companies like Larsen & Toubro, Shapoorji Pallonji, Hindustan Construction Company (HCC), Tata Projects, and Gammon India. These companies are involved in a wide range of projects, from infrastructure development to real estate, providing students with exposure to diverse aspects of civil engineering.
In the E&TC (Electronics and Telecommunication) and CSE (Computer Science and Engineering) fields, MITCORER ensures that students have access to opportunities in both IT giants and startups. Companies like Infosys, TCS, Wipro, IBM, and Google actively recruit MITCORER graduates, offering them roles in software development, data analytics, cybersecurity, and more.
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In conclusion,
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What are your thoughts of all the layoffs announced by the tech companies? How would you navigate this if you were laid off or not from one of these companies?
Great question!
Unfortunately I'm not surprised by the tech layoffs. Before I retired in early 2022 my company was regularly losing good (and not so good) software engineers to Microsoft, Facebook, Salesforce and Amazon. The compensation offers were off the charts and I didn't believe it was sustainable. I didn't blame them for leaving, but the compensation seemed too good to be true and in my experience situations like that rarely last (ex. real estate prices going up 15% year after year).
Although some tech firms had begun to announce minor trimming of their work force in Q3, it seems like Twitter really opened the floodgates. Now more companies could follow and once all the big tech employers were cutting, there was less risk of losing the most valuable, talented staff to competitors. My heart goes out to anyone impacted by the layoffs, but I firmly believe this disruption is temporary and talented software engineers will be in demand for a very long time.
What would I do if I was laid off?
Set a deadline (no more than a week) by which time you will stop feeling sorry for yourself, etc. Most people can probably think of reasons why they shouldn't have been cut, but it doesn't matter any more. Accept the unfortunately reality of your situation and get to work.
Take advantage of any outplacement services offered by your former employer, especially resume writing. The last time I sent a resume it was read by a human. That's not the case today. Make sure your resume has the necessary key words to get past the AI screener.
Work your network - personal, college, family, previous employers, LinkedIn. It still helps to have someone recommend you to the hiring manager and/or recruiter. At the very least it may help secure an interview. Don't be shy about telling people you've been laid off. Anyone with any professional experience knows that this isn't a personal shortcoming. Layoffs can happen to the best employees.
Get your financial house in order. Do a cash-flow forecast and assume you'll be out of work for six months. Eliminate/minimize unnecessary expenses but be sure to sign up for COBRA medical coverage. Don't let a mountain of debt accumulate - take part time gigs if you need to.
Update your skills/certifications.
If you're a software engineer, make sure your profile/projects in GitHub are a positive reflection of your skills.
What would I do if I wasn't laid off?
I was a senior executive in the corporate travel industry before and after 9/11 and the financial meltdown on 2008/9. In both cases business travel plummeted and the survival of the company required layoffs. Unlike the tech companies today, we weren't guilty of mindlessly pursuing growth at any cost, but we had to do layoffs just the same. I helped determine how many cuts were necessary across the company and had to layoff members of my team. In each case we tried to minimize the number of layoffs by cutting expenses/compensation at all levels.
When laying off people it is important to act with as much empathy as possible and to try to do it all at once, rather than leaving the remaining employees with the fear that their job may be cut later. It just as important to be fair - HR has to carefully review the recommendations to make sure that no group (especially protected groups) is being unfairly targeted.
As an executive who hadn't been laid off, I had to accept that many current and former employees would view me as one of the bad guys. In a situation like this, people need someone to blame and for some people that person was me. Layoffs destroy or at least significantly degrade a company's culture, impact productivity, damage it's reputation with customers and potential employees and it takes a long time (years) for those things to recover. Time, patience and genuine empathy are required.
Regardless of your job situation, it is a good habit to update your resume every year. Your CV shouldn't keep growing longer, but you should keep it current with your latest accomplishments while trimming the details of past.
Thanks for the question. Hope that helped.
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