Entrepreneur Elon Musk captures Time's top honor | Think you're in a crisis? Maybe it's a predicament | US employers report steep increase in health plan costs
Tesla and SpaceX entrepreneur Elon Musk was named Time's 2021 "Person of the Year" on Monday. Musk became the world's richest person this year, turning his electric-vehicle business into a $1 trillion company and leading successful rocket launches into space. Full Story: TIME (tiered subscription model) (12/13),Fox Business (12/13)
Just as the Oracle helped Neo see his true potential in "The Matrix," so should leaders surround themselves with people who believe in them, writes Kristin Hendrix. The experience of Keanu Reeves' character in the franchise also reminds us to understand our strengths and weaknesses and to find people who understand what we can't see, Hendrix writes. Full Story: Leadership Vitae (12/9)
Think you're in a crisis? Maybe it's a predicament A mindset of crisis thinking tends to demand an immediate solution to the problem, regardless of whether one exists, writes Larry Robertson, who offers three signals that your crisis is really a predicament. "To address a predicament, a series of solutions must be pursued, and be seen as part of a larger mosaic and linking together over time," Robertson writes. Full Story: SmartBrief/Leadership (12/13)
The Landscape
US employers report steep increase in health plan costs A Mercer survey of more than 1,700 public and private employers found the average cost of employer-sponsored health plan per worker rose 6.3% to $14,542 this year, marking the largest increase since 2010, as Americans resume elective procedures that were delayed due to the pandemic. The higher costs could also be driven by other factors, such as claims related to long-term COVID-19 treatment and specialty drug pricing, according to Kate Brown, who leads Mercer's Center for Health Innovation. Full Story: Reuters (12/13),Health Payer Intelligence (12/13)
Some companies stop predicting office reopenings Companies have repeatedly postponed return-to-office dates during the pandemic, but some have stopped setting exact dates. "It was extremely liberating saying, 'We're going to see how this nets out and we're not solving for a date,' " says Julia Anas, chief people officer at Qualtrics. Full Story: The New York Times (12/11)
Your Next Challenge
Study: Americans more optimistic about finances Americans are feeling more optimistic about their financial situation, according to Fidelity Investments' 2022 New Year's Financial Resolutions Study, with 34% reporting they are in better financial shape this year, up from 29% a year ago. The survey also found that 72% are confident they will be in a better financial position in 2022, and 68% are making financial resolutions for the new year. Full Story: ThinkAdvisor (free registration) (12/10)
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From the most peaceful countries on Earth, to the safest places for pedestrians, this list of destinations is a must-read of health and safety are on your travel itinerary in 2022. Full Story: Frommer's (12/11)
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