How to Avoid the Sunk Cost Dilemma: Escape the Past to Secure Your Future | Is 'Unicorn' Sounding More Like 'Dinosaur'? | How Executive Teams Shape a Company’s Purpose | Go Beyond the Basics to Support Nursing Parents at Work

View online | Unsubscribe (one-click). For inquiries/unsubscribe issues, Contact Us

� � � � � � How to Avoid the Sunk Cost Dilemma: Escape the Past to Secure Your Future - Inc.com    Slashed Prices and Custom Bots: What Entrepreneurs Need to Know About OpenAI's Major DevDay Announcements Panera's Ron Shaich Shares His Recipe for Growth With the Maker of an Iconic New Jersey Sandwich As a strategic adviser, I see many business owners like you, eager for innovation and growth. You spent a fortune turning your vision into a reality. However, in some cases, you may have let your emotions get the best of you and made financial mistakes that could have ruined your business altogether. I'd like to share a concept that's crucial for your future success: sunk costs. Continued here � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium Is 'Unicorn' Sounding More Like 'Dinosaur'? - Inc.com    Slashed Prices and Custom Bots: What Entrepreneurs Need to Know About OpenAI's Major DevDay Announcements Panera's Ron Shaich Shares His Recipe for Growth With the Maker of an Iconic New Jersey Sandwich In November 2013, Aileen Lee created some literary history. In an article written for TechCrunch, Lee, founder and managing partner of the early stage VC fund Cowboy Ventures, sought to uncover the criteria for a certain kind of startup magic. In doing so, she presented a list of 39 companies that had reached a $1-billion valuation.  Continued here � � � � � � How Executive Teams Shape a Company's Purpose - Harvard Business Review    To shape an enduring purpose that sets a company apart both competitively and as an employer, leadership teams must pave the way. An effective, aligned, and committed executive team — the governance mechanism that shapes the story of an organization unlike any other team — is central to shaping and sustaining impactful corporate purpose. In a post-pandemic workplace where talent retention and productivity have become top executive priorities, clearly purposeful organizations come out on top. Leaders must create a culture of radical trust, in which people not only understand and believe in the purpose the company serves, but also feel safe to act on it for the good of the organization. From that combination of clarity and trust comes exceptional innovation and growth. The authors present five strategies for leaders to put their company’s purpose into practice. Company purpose has mainstreamed its way into management vernacular, and with plenty of good reason. Evidence from across industry sectors has proven that genuinely purpose-driven organizations outperform their non-purpose-driven competitors on critical metrics. For example, brands that have a clear commitment to improving their customers’ quality of life outperform the stock market by 120%, and over the last decade, purpose-driven brands have seen their valuation skyrocket by 175%. In one study of 28 companies over a 17-year period, purpose-driven companies grew by 1,681% in comparison with the S&P 500 average of 118% over the same span. Even more compellingly, 77% of consumers feel a stronger connection to purpose-driven companies over traditional companies, and 66% of consumers would switch from a product they typically buy to a new product from a purpose-driven company. Continued here � � � � � � Go Beyond the Basics to Support Nursing Parents at Work - Harvard Business Review    Two bills to provide protections for pregnant and nursing employees were signed into law at the end of last year: the Pregnant Workers Fairness Act (PWFA) and the Providing Urgent Maternal Protections for Nursing Mothers (PUMP) Act. How has your company met the regulations in both bills? Has it simply complied, or has it taken extra steps to support pregnant and nursing employees? Continued here

�

�

�

� � �

You are receiving this mailer as a TradeBriefs subscriber. We fight fake/biased news through human curation & independent editorials. Your support of ads like these makes it possible. Alternatively, get TradeBriefs Premium (ad-free) for only $2/month If you still wish to unsubscribe, you can unsubscribe from all our emails here Our address is 309 Town Center 1, Andheri Kurla Road, Andheri East, Mumbai 400059 - 437931932