Ford reportedly plans layoffs in North America, Asia | Study: Working moms have ambitious career goals | CEOs are paying the price more often for ethical failings
Ford reportedly plans layoffs in North America, Asia Under pressure to increase profit and halt further decline in its stock price, Ford is getting ready to cut salaried employees in North America and Asia about 10%, a source familiar with the matter said. The company plans to offer generous early-retirement incentives, a person briefed on the plan said. Reuters (5/16)
Recruiting & Retention
Study: Working moms have ambitious career goals Working mothers are more likely than their childless counterparts to change jobs in search of a promotion, according to a study by Accenture. In addition, 70% of working mothers say they aspire to senior leadership roles, and 53% would like to launch a business within the next year. Fortune (5/12)
Leadership & Development
CEOs are paying the price more often for ethical failings A study found a 68% increase of CEOs being terminated for ethical reasons at the largest 25% of North American and Western European companies over the past five years compared with the previous five. The increase could be because CEOs are being held to account by the public and governments amid an environment that makes such lapses more fraught for business and more publicized. Strategy+Business online (free registration) (5/15)
Four members of the US Senate education committee have introduced a bill that would allow the federal government to track data about college students' employment and educational outcomes. A "student-unit record system" was banned as part of the reauthorization of the Higher Education Act in 2008, but supporters say the data would provide students better information about colleges. Politico (5/15)
A happy workplace is not necessarily a productive, innovative workplace, ViewsHub CEO Ab Banerjee writes, citing multiple studies. True innovation and results happen among nonhomogeneous teams that foster creative tension, with honest discussion and debate. ERE Media (5/16)
You can have the nine greatest individual ballplayers in the world, but if they don't play together, the club won't be worth a dime.
