Alleged abuse may be at center of Theranos trial | Data sources show virus starting to weigh on economy | Workforce development communication should be ongoing
Court records just revealed in the upcoming criminal fraud trial against Theranos founder Elizabeth Holmes indicate Holmes might mount a mental health defense because of an alleged abusive relationship with the company's former president, Ramesh "Sunny" Balwani, who is also facing a trial for the same charges. The unsealed documents state that Balwani "unequivocally denies that he engaged in any abuse at any time," but Holmes alleges he perpetuated psychological, sexual and emotional abuse. Full Story: The Wall Street Journal (8/28)
Recruiting & Retention
Data sources show virus starting to weigh on economy Charts that track different industry sectors are indicating a slackening in activity attributed to the spread of the coronavirus Delta variant. Statistics for domestic air travel, leisure and vacation bookings, restaurant dining, traditional retail sales and applications for jobs that entail close personal contact, such as child care, are showing a downturn. Full Story: Bloomberg (8/29),CBS News (8/27),The New York Times (8/26)
Have a talent development plan? The future of work continues to evolve and technology is changing. Organizations need to keep pace. With a solid talent development plan, you can secure long-term business success, while improving retention. Is your team ready? Take a talent assessment and close the skills gaps.
Tyson Foods holds vaccine lottery for plant workers Workers at Tyson Foods' chicken plants can win $10,000 a week for five straight weeks if they get at least one dose of a COVID-19 vaccine in the company's latest incentive to boost its vaccination rate, which is now about 47% of its 120,000 US employees. Tyson, which has mandated that all its workers be vaccinated by Nov. 1, also offers a bonus and time off for employees being inoculated. Full Story: CBS News (8/26),Axios (8/25),Reuters (8/26)
The HR Leader
Leaders must adapt to new era of uncertainty A McKinsey & Co. study found a disconnect between company leaders, who expect work to continue more or less as it has, and employees, who are pushing for a sea change in how work gets done. To thrive in the times ahead, leaders must learn to adapt to ongoing uncertainty and "create an environment in which everyone can lead and adapt to uncertainty repeatedly in order for all to thrive," writes Larry Robertson. Full Story: SmartBrief/Leadership (8/27)
It was a beautiful, intelligent play. Keanu raced down the court and caught the long pass just as it was heading out of bounds. He teetered on his toes, looking down at the baseline to make sure he was in before sending the ball backward to his teammate. I glanced over at the bench where Coach Ray was already on his feet. “Time out!” he yelled, smiling. I asked Ray later why he called a time out. “To maintain possession and give us a chance to score,” he explained. He knew what Keanu was trying to do, he said. “I saw the play coming. I called ‘time out’ right as he caught the ball. I did it to stay one step ahead.” I thought of that this morning as I read our Leadership & Development story about workforce development communications. How can employers stay one step ahead of their competitors in the fight for talent? How can you retain -- maintain possession of -- your quality employees? Up your communications game, says Jeff Grappone. As of June, 10 million jobs were open across the country. Four million workers left their jobs. A strong communications strategy can go a long way toward keeping employees and attracting the new talent you need. How are you prioritizing your communications strategy? Let me know! And if you enjoy this brief, tell others so they can benefit also.
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