The novel Coronavirus has likely created an indelible mark on the global economy. But understanding how it has affected industries and occupations remains somewhat elusive, although more clarity is revealed daily, according to Jeremy Hill, director of Wichita State University’s Center for Economic Development and Business Research (CEDBR).
What’s novel about COVID-19 isn’t just the coronavirus. It’s the sheer scale and depth of The Big Human Pivot that this tiny infectious particle has triggered. In unprecedented times, what can you do to lead mindfully through it? In this series, Lili Powell introduces a Leading Mindfully strategy: “see it, name it, tame it and reclaim it.”
Humanity is a social species — yet the coronavirus pandemic requires that we reduce physical contact. Here are actionable suggestions for effective interactions to help balance efficiency and connectedness, as modern technology helps us move our interactions to the virtual world and avoid significant social isolation.
Churchill and Lincoln deliberately solicited the opinions of those who were willing to challenge them. Leaders may be best advised to evaluate where loyalty lies: the leader’s self-interest or the organization’s mission? Professor Detert discusses courageous leadership — necessary to get us through COVID-19.
As the Covid-19 crisis set in, consumer brands rushed to inboxes with statements about store closings, tips for staying healthy and expressions of “We’re all in this together!” solidarity. But now, the messaging should shift to reflect how companies are helping communities, medical professionals and others.
Jeffrey Bergstrand, professor of finance, said the just-passed Phase Three package should be sufficient to stabilize the economy and emphasized the need for Phase Four, which he said “will bring some stimulus to aggregate demand if there is a government infrastructure program put in place.”
The temptation for businesses to use artificial intelligence and other technology to improve performance, drive down labor costs, and better the bottom line is understandable. But before pursuing automation that could put the jobs of human employees at risk, it is important that business owners take careful stock of their operations.
Medical product companies, such as those that make pharmaceuticals and medical devices, make recall decisions quite differently as women are added to their board of directors, according to a new study by professors at four universities, including Indiana University.
A new analysis of more than 2,500 fake ads posted by the Russian troll factory, the Internet Research Agency, shows fear and anger work remarkably well to draw clicks. With the 2020 election approaching and the COVID-19 pandemic wearing on, the trolls are at it again, the researches say.
Property experts at the University of South Australia are urging the government to implement immediate rental subsidies for tenants as financial hardships continue to wreak havoc for property owners and older Australians.
Some 4,500 Food and Drug Administration-approved drugs and devices are pulled from shelves annually — decisions greatly influenced by the presence of women on a firm’s board, according to new research from the University of Notre Dame.
As CEOs and executives struggle to deal with the fallout from Covid-19, internationally renowned business growth expert, UniSA’s Professor Jana Matthews is encouraging companies to step back and carefully assess their business before making any radical decisions about their future.
Among the millions of Americans working from home, a group of Indiana University Kelley School of Business professors created a worldwide movement to seek solutions for problems arising from the novel coronavirus. Their "Idea Sprint Weekend Against COVID-19" initiative was organized in just three days and led to the development of several new social initiatives addressing issues related to the COVID-19 crisis, including a shortage of surgical masks, grocery stockouts, displaced workers and online educational challenges that students are facing across the country.
The $2 trillion plan to prop up a pandemic-reeling United States, amid the news that there were 3.3 million unemployment claims lodged in the previous week, is expected to pass the House on March 27.Is it a Band-Aid or sufficient to heal what ails America’s economy?“We do not have this (COVID-19 outbreak) under control, and until we do, even $2 trillion may not be a big enough bailout,” said Anne Marie Knott, the Robert and Barbara Frick Professor of Business at Washington University in St.
As the coronavirus forces cities and states to close down for business and restricts people to stay safely at home, thousands of small businesses and even more employees are grappling with how to pay bills. Michelline Dufort, director of the Center for Family Enterprise and Daniel Innis, professor of marketing and hospitality management, both at the University of New Hampshire, are available to discuss how the largest emergency stimulus package in U.S. history will help struggling families and hard hit businesses, and if it will really help.
"Congress must bail out people before large corporations," says a growing list of leading economists and finance professors from major universities around the country. The authors and representatives of the signers will
discuss what’s at stake in the $2 trillion coronavirus relief package, and answer questions about what it does--and will not do--to keep the nation's economy out of recession.
As companies increasingly prioritize charitable spending and promote employee-directed giving, new research finds employee moods have a lot to do with the effectiveness of an organization's philanthropic efforts.
The COVID-19 crisis has accelerated the number of teams working virtually. Here: tips for leaders of virtual teams on how to communicate expectations clearly, choosing the appropriate communication style and supporting a team from afar.