Business News

Speaking up in meetings can be intimidating, especially if you’re an introvert — but failing to make your voice heard at important moments could hurt your career. That’s at least according to Juliette Han, a Harvard-trained neuroscientist and adjunct professor at Columbia Business School. As Han, a self-identified introvert, explains, your deference during meetings or conversations at work “could accidentally cause you to become invisible” and get you overlooked for a promotion, pay raise and other opportunities. But you don’t need to be the loudest in the room to be valued and recognized for the work you do. There’s a…
A medical student once confessed to me that if he’s not on the verge of a breakdown, he feels like he’s not working hard enough. A CEO told me that waiting to pick up her kids from school makes her feel panicky, like she’s wasting valuable time. A software engineer shared that they skip meals sometimes for fear of falling behind. As an instructor of psychology at Harvard Medical School and a therapist who treats anxiety and depression, I’ve encountered plenty of people who exhibit these and other signs of toxic productivity. What is toxic productivity? Productivity becomes toxic when…
At age 10, Jenny Woo got really good at reading nonverbal social cues. It was out of necessity: She emigrated from China to Houston, and didn’t speak English. She connected with her peers largely through what she now defines as emotional intelligence, or EQ — watching their body language and listening to the tones of their voices to learn what excited, inspired and angered them. In the decades that followed, Woo turned her EQ skills into a career at corporations like Deloitte and Cisco, training managers how to better communicate. She spent some time helping run her kids’ Montessori school…
Monday, 11 March 2024 04:36

5 things all good bosses have in common

Being the type of boss that people want to work for means you are less likely to have employees who quit, or who stay but aren’t engaged or productive. We write a lot about bad bosses. After all, a bad boss can ruin everything you might like about your job. But what about the good bosses? The people who support your career development, make you feel valued, are open to feedback, and who hold themselves accountable? Good bosses are out there; and chances are, if you’re reading this you might be a manager who (like me) hopes that the people…
National Bureau of Statistics (NBS) says Nigeria recorded N1.41 trillion trade deficit between October and December of 2023. On Friday, NBS made this known in its foreign trade report for the fourth quarter (Q4) of 2023. In the period under review, Nigeria’s exports totalled N12.69 trillion, and total imports N14.11 trillion — which gives a trade deficit of N1.41 trillion. A trade deficit is an economic indicator of a negative trade balance in which a nation’s imports outweigh its exports. “In the fourth quarter of 2023, Nigeria’s total trade was N26,801.95 billion. Exports were valued at N12,693.62 billion, while imports…
You don’t have to be a CEO, or even a manager, to be influential at the office. Getting your coworkers to listen to and support your ideas boils down to just three emotional intelligence techniques, says Stanford University lecturer and communication expert Matt Abrahams. They can help you show your peers and bosses that you have strong ideas, form meaningful connections across your workplace, improve your job-related skills and maybe even land you a promotion, he says. The advice is timely, Abrahams adds: Hybrid and remote work mean most entry- and mid-level Gen Z and millennial employees get less face…
Some executives disconnect from the job, while others rethink their work. Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. Last month Modern CEO highlighted the topic of executive burnout, noting that 19 of the CEOs tracked in Challenger, Gray, and Christmas’s annual turnover report died on the…
Cryptocurrency giant Binance has said it will discontinue all its naira services, days after two of its officials were detained in Nigeria. The world’s biggest cryptocurrency exchange has already told its Nigerian users to either withdraw their naira deposits, trade their assets denominated in the currency or convert their naira holdings into crypto before the discontinuation comes into effect on Friday. “From 2024-03-08 08:00 (UTC), any remaining NGN balances in users’ Binance accounts will be automatically converted to USDT,” Binance said in a statement posted on its website on Tuesday. The federal government blocked access to the platform in February,…
Even if you’re not the boss’s favorite, getting into your manager’s good graces can improve your morale and productivity, and ultimately, boost your career. But it takes a lot more than being a hard worker who meets deadlines to be a standout employee. If you want a relationship that goes beyond “we get along fine,” you’ll need to connect with your boss on a personal level, say Gensler’s co-CEOs and global co-chairs Andy Cohen and Diane Hoskins, who help manage the design and architecture firm’s more than 7,000 employees across the world. Hoskins has noticed that younger employees — Gen…
Hiring the wrong person is costly on every front: money, time, energy, and the well-being of your employees. Even if you hire the right people 90% of the time, one in ten new hires being the right people can create a ton of disastrous misalignment--especially at the senior level. Brad Jacobs is a CEO and serial entrepreneur who has founded and led seven billion-dollar companies. In his book, How To Make a Few Billion Dollars, Jacobs explains the characteristics he looks for when hiring into world-class organizations, and what all leaders should look for when building their own teams. "When…
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April 15, 2024

Investors on NGX lose N633bn as banks’ recapitalization bids induce negative sentiments

Investors have continued to backpedal on the stock market, especially in the banking sector, on…
April 12, 2024

At cost totaling the 2024 budgets of the 36 states plus FCT, Lagos-Calabar project is…

Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has…
April 14, 2024

I've spent 25 years studying the brain—I never do these 4 things that destroy our memory as we age

As a neuroscientist, I've spent the last 25 years researching the science of memory. A…
April 13, 2024

A new camera can undress people almost in real time—to send a message about AI

Nuca, a new deepfake camera, is an art project that shows how artificial intelligence can…
April 15, 2024

Contrary to Betta Edu’s claim, EFCC says no suspended officials in Humanitarian Ministry cleared as…

Economic and Financial Crimes Commission (EFCC) says it has discovered other fraudulent dealings involving Covid-19…
April 15, 2024

What to know after Day 781 of Russia-Ukraine war

WESTERN PERSPECTIVE Ukraine's top commander says Russia aims to capture Chasiv Yar by May 9…
April 15, 2024

Winning funding proposals written by generative AI: Should that matter to you?

Generative AI is getting better every day. We now have ChatGPT4, Claude 3, Gemini, Perplexity,…
April 10, 2024

Nigeria’s Super Falcons qualify for 2024 Olympics at South Africa’s expense

Super Falcons of Nigeria have qualified for the women’s football event of the 2024 Olympics…

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