Private equity has been comfortable seeking returns with little concern for the long-term sustainability of portfolio companies or their wider impact on society. That needs to change because PE has grown so large that society’s most urgent challenges can’t be addressed without the industry’s active participation in the sustainability movement.
Many companies aspire to global diversity, but only a few achieve it. Here’s how leading organizations overcome cultural obstacles to build globally diverse teams.
Companies take three key actions to find talent in new and hidden places.
Strategy is a competitive game, which always evolves in response to competition. But the magnitude of the changes in the technological, social, and natural environment are such that corporate strategy will need to be qualitatively reinvented again for new circumstances.
Short-term interest rates have risen sharply this year, driven by expectations that the Fed will raise rates to near 3% by early next year as it responds to stubbornly high inflation. Besides the resulting uncertainty and rattling of markets, a bigger fear is growing that the U.S. economy could be permanently returning to damaging higher long rates.
If they’re used indiscriminately, no-code/low-code platforms for A.I. are likely to end up doing more harm than good.
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