| From the Editor's Desk
The Future of Performance Reviews Hated by bosses and subordinates alike, traditional performance appraisals have been abandoned by more than a third of U.S. companies. The annual review’s biggest limitation, the authors argue, is its emphasis on holding employees accountable for what they did last year, at the expense of improving performance now and in the future. That’s why many organizations are moving to more-frequent, development-focused conversations between managers and employees.
Continued here
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WorkWorkThe 'inflation genie is out of the bottle' and it it could be years before it goes down again, according to Bank of America© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. � | | WorkWork � | | WorkIntuitive Machines bets the moon could be big businessIntuitive Machines will hit the public markets as a unicorn if things go as planned. A unicorn in space? Given the reported value of SpaceX, Intuitive Machines won’t be the first. But it’s also one of a sector that isn’t hyperdense, like, say, enterprise software. Work
WorkWork � | | WorkWork � | | WorkWork � | | WorkWork � | | WorkFlying-car company backed by Google co-founder Larry Page will shut down© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. WorkFlippy, Sippy, and Chippy will serve you now. Robots are making your fast food.© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. � | | WorkWorkWorkWorkWorkWorkIndigenous leaders urge businesses and banks to stop supporting deforestationAn Apple spokesman said: “Our responsible sourcing standards are the strongest in the industry and strictly prohibit the use of illegally mined minerals.“If a smelter or refiner is unable or unwilling to meet our strict standards, we remove them from our supply chain, and since 2009, we have directed the removal of over 150 smelters and refiners.” WorkWorkWorkWorkCoinFund's Seth Ginns on why the crypto downturn has spared early-stage startups“I think one of the really interesting dynamics in crypto is, in every cycle, we see network valuations for protocols step up by an order of magnitude, I don’t think it will keep being an order of magnitude each cycle, but they take big steps up. And each time you take that step up, you have a validation of this new valuation range, which means you end up having people who are thinking about how to value their early-stage startup referencing the latest mark that you were getting in the last bull market,” Ginns explained. WorkVoxel51 lands funds for its platform to manage unstructured data“Data is a key component of all machine learning processes; high quality, clean data is a key component in building high-performance machine learning systems. Yet, infrastructure and best practices around the full-stack management of unstructured data are nascent,” Corso said. “FiftyOne provides a window into an organization’s data processes and data quality, which ultimately enables them to deploy better machine learning systems and components from their unstructured data.” WorkNetwork isn't a dirty wordThis is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha asked: What does breaking into venture capital look like today, and how is it changing? Alex and Becca jumped on the mic to discuss this and start with a refresh on our latest op-ed: “4 views on unpaid venture internships.” WorkWorkBrightflow AI aims to spotlight small business cash flowNext up, the company is focused on further automating its fundamentals and scale so that there is more access to forecasting, but also with a human-in-the-loop function providing expertise on top of the infrastructure, Bhathal said. WorkWorkBlock Party, a tool to combat online harassment, raises a $4.8M seedAs Block Party plans to expand to other social platforms, Chou and her team of four full-time employees have curated a list of strategic investors that can help take the company to the next level. Some investors include Twitter’s director of machine learning ethics, Dr. Rumman Chowdhury; ex-Twitter head of product Jeff Seibert; Pinterest co-founder Evan Sharp; former Instagram head of growth Bangaly Kaba and other experienced social media execs. The round was led by Stellation Capital with participation from Impellent Ventures, Fuel Capital, Goodwater Capital and Hyphen Capital. WorkWorkWorkWorkWorkYour Brain on Grief, Your Heart on HealingGrief is a heart-wrenchingly painful problem for the brain to solve to live in the world with the absence of someone ingrained in your understanding of the world For the brain, [they are] WorkWorkWorkWorkWorkWorkWorkWorkWorkResilience: What Leaders Get Wrong When Driving ChangeResilience in leaders - and teams - is a critical trait for leading through change. Business model transformation and innovation doesn't just happen; it is envisioned and unlocked by resilient leaders in these organizations who thrive in the face of challenges posed by adversity. So get it right! WorkWorkWorkWorkManchins Gas Pipeline Deal Irks Both Parties, Snarling Spending Bill“The last thing that we need to do is imperil so many people’s livelihoods over a maneuver that is just ill-advised and frankly pretty unprecedented,” said Representative Alexandria Ocasio-Cortez, Democrat of New York, noting that thousands of federal workers would be affected by a shutdown. She added, “Is this the place where we really want to gamble on this? I don’t think they want to test it.” WorkThe Political Backdrop of Letitia Jamess Lawsuit Against TrumpSome political analysts credit his star turn in “The Apprentice,” the NBC reality show that beamed him into living rooms across America and helped turn him from a Manhattan real estate mogul into a national figure, with his stunning political upset over Hillary Clinton in 2016. WorkWorkWorkWorkWorkWorkHouse GOP Releases 'Commitment to America' Platform And Then Takes It OfflineThe House platform follows a similar set of policy prescriptions released by Sen. Rick Scott (R-Fla.), the head of the National Republican Senatorial Committee. Scott’s platform called for cuts to Social Security and Medicare, increasing taxes on the poorest Americans, the completion of a U.S.-Mexico border wall and various hot-button socio-cultural issues. Senate Minority Leader Mitch McConnell (R-Ky.) has distanced himself from Scott’s platform. |
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