JPMorgan expands diversity effort with hiring drive | Here's how to supervise projects without micromanaging | How leaders use internal podcasts to engage
JPMorgan Wealth Management will award 75 scholarships annually to students at historically black colleges and universities for the next five years as part of the firm's $30 billion commitment to advancing racial equity. The wealth management division has also set a goal to hire an additional 300 Black and Latino advisors over the next four years. Full Story: ThinkAdvisor (free registration) (6/7)
Here's how to supervise projects without micromanaging Situational leadership is helpful when shepherding a team through a project, as you want to empower employees while still providing direction, coaching, oversight and, ultimately, post-project review, writes Naphtali Hoff. "There is so much that can be learned from each completed project -- what went right, what didn't and why -- that it simply is bad practice to forge ahead without first gleaning those nuggets," he writes. Full Story: SmartBrief/Leadership (6/9)
How leaders use internal podcasts to engage Leaders at companies including A+E Networks, Here Technologies and Arlo are using technology such as Workvivo and uStudio to engage with employees and build corporate culture virtually via internal podcasts. "It's very powerful for a leader to be able to get their voice heard by an entire workforce without having to get everyone dial into a conference call," says uStudio's Jen Grogono. "It's how people become connected to a cause or mission." Full Story: Digiday (tiered subscription model) (6/10)
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The Landscape
Job openings in April increased by 1M Job openings in April surged to a record high of 9.3 million in April, according to Labor Department data, an increase of 1 million from record-setting numbers in March. The leisure and hospitality sector rose 32.7% during the month. Full Story: CNBC (6/8)
Manufacturers had a record 851,000 open positions in May, a 116% jump since February 2020, and indicates companies "are desperate for workers and they would take anybody in off the street and help them learn what they need to know to start," says Carolyn Lee, executive director of The Manufacturing Institute. Full Story: MarketWatch (tiered subscription model) (6/9)
Facebook expands remote working options Facebook announced that all of its full-time employees whose jobs can be done remotely will be given the chance to work from home and it will begin to accept requests for employees to work remotely in other countries. The company plans for its offices to be at 50% capacity by September, with those wanting to return to offices asked to be there at least half the time, and CEO Mark Zuckerberg stated, "We've learned over the past year that good work can get done anywhere, and I'm even more optimistic that remote work at scale is possible." Full Story: CNBC (6/9),CNET (6/9)
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Some people prefer bad news Tough choices can be harder to handle than good ol' fashioned bad news. Researchers say some people would prefer to receive bad news that leaves them no choice about what steps to take next than receive news that isn't as bad, but leaves them hemming and hawing about what to do next. Full Story: Harvard Business School Working Knowledge (6/8)
There have been theories about what causes the aurora borealis for thousands of years, but now scientists say they have confirmed that electromagnetic waves, also known as Alfven waves, that occur within geomagnetic storms are what cause the brilliant light show. Full Story: CNN (6/8),Iowa Now (University of Iowa) (6/7)
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