On 29 July, after a bumpy few months and a fair share of troubled headlines, Robinhood founders Vlad Tenev, 34 and Baiju Bhatt, 36 each sold around $50 million worth of stock. The mobile-friendly discount brokerage, which pioneered commission-free stock trades, generated a profit of just under $2 billion in its public market debut. Following […]
The huge rise in hybrid working in the UK brought about by the impact of COVID-19 has seen individuals, teams and organisations work part of their time at their normal workplace and part of it remotely. For instance, NatWest Bank recently announced that nearly 90% of its workforce will take part in hybrid working, with […]
First, hierarchical bureaucracy is geared for predictability and risk avoidance. With digital ending up blurring industry boundaries unexpectedly, (de)globalisation and other social changes, turbulence becomes the norm. In a turbulent environment, practices are emergent; they escape replication. Cause and effect are often only discernible in retrospect. Risk management should give way to uncertainty management. Second, […]
From then on, I have loved Brewdog’s many varied products, from Nanny State to Thunderbird. I was impressed with them when they brought out a beer in protest of the anti-LGBTQ+ legislation in Russia during the Sochi 2014 games. Beer for activism, who would have thought! And the idea of ‘pawternity’ leave (1 week’s paid […]
Data sits at the epicentre of innovation. With businesses accelerating their operations at pace, CEOs need to reassess their assumptions towards data and leverage its potential to remain competitive. After all, data isn’t there to justify decisions already made – it’s there to help us improve as we move forward. Here, Zhiwei Jiang, CEO of […]
Since the start of 2020, being able to work from home has led many to forgo their commute, reducing transport emissions. It’s just one of the many benefits that has revealed itself in working from home, and it’s fuelling the question: what further green initiatives can we find for our working lives? Greener working from […]
It is undeniable that luck and chance play a role in shaping success in life. Everyone can name countless examples of chance occurrences and happy coincidences in their own lives. The question is, however, just how big a role does luck actually play. Whether chance presents someone with a good opportunity or not is not […]
Moeller currently stands as vice chairman and chief operating officer of Procter & Gamble. As well as becoming CEO, Moeller will take over as the company’s president, a title which is currently held by Taylor. Moeller graduated from Cornell University in 1986 and later received an M.B.A from the same institution in 1988. Since then, […]
In an open letter to NASA administrator Bill Nelson, Bezos said he would waive up to $2 billion in contract payments for the first two years if NASA agrees to add his space company, Blue Origin’s, lunar lander to a key phase of its Human Landing System programme. The programme will see humans landing on […]
Speaking at a virtual press conference held on Tuesday, Changpeng Zhao said that, whilst he has no plans to quit his role for the time being, the company does have a succession plan in place. Zhao said that as Binance moves towards becoming a fully regulated financial institution, he would be “very open” to finding […]
In the three months to the end of June, Tesla saw sales rise to $12 billion, a figure which has doubled from a year ago when its US factory was shut down. Over the same time period, the electric car manufacturer has said it delivered a record 200,000 vehicles to customers, adding that public support […]
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