On February 24, 2017, a three-judge panel of the United States Court of Appeals for the Fifth Circuit issued a significant decision interpreting the anti-retaliation provision of the Fair Labor Standards Act (FLSA).
Growth & Innovation, Research & Development, Research, Innovation, Operations, Information Technology
Germany and the U.S. continue to drive innovation around the Industrial Internet. The two countries are economic powerhouses and they are keenly aware of the importance of internet connectivity for business applications. Yet their approaches to harnessing it differ, as I documented in a 2015 report. What’s changed since then?
Global Economy, Competitiveness, Government Policy, Economic Environment, Labor
While there is no debating that China must engage in acceptable trade practices, the world must recognize significant shifts in the Chinese landscape. Far from just slowing, China is seeing changes to its growth composition and to its potential growth that might turn the economic policy focus more inward, although, without a doubt, China will remain a critical player on the global economic stage. A broad understanding of such shifts in the nation is needed for an optimal answer to the “China question.”
In Villarreal,the Court of Appeals reversed a 2015 decision of a three-judge panel of the court. A majority of the full court reached an opposite result from the panel and determined that the governing provision of the ADEA barring disparate impact age discrimination by employers does not permit job applicants to bring claims of age discrimination under the ADEA against prospective employers. Disparate impact claims would arise in situations where an employer’s policies and procedures lack a discriminatory intent and are purportedly neutral on their face, but nevertheless have a discriminatory effect.
Corporate Affairs, Corporate Social Responsibility, Sustainability, Sustainable Business Practices, Risk & Compliance, Environmental Management, Environmental Resource Management, Energy Management
Last year the world waited to see if the hype surrounding COP21 in Paris would produce a global commitment between heads of state to help stem the tide of rising temperatures. Since that historic week in Paris, 86 of the 197 countries who are party to the newly produced Paris Agreement have achieved ratification.
Risk & Compliance, Corporate Security, Travel Security, Risk Management, Business Continuity Planning, Business Interruption Planning, Crisis Management
While the events most often planned for are site- or natural disaster–related, businesses should also include workplace violence, terrorism, and cyberattacks in their business preparedness efforts. This is especially true given the nature of black swan events as those that (1) take place outside of regular expectations, (2) carry an extreme impact, and (3) seem obvious, explainable, and predictable in hindsight.
Relatively strong post-recession employment growth is not a statistical anomaly, though only a small portion of the gain is coming from internet and telecommunications jobs. GDP is underestimated, but it is consistently biased, and the gig and free economies are too small to explain the productivity gap. Rather than blaming statistics, analytical effort is better spent determining the root causes for slow productivity growth.
Leadership, Human Resources, Employee Relations, Employee Engagement, Risk & Compliance, Employee Health Management, Employee Wellness, Safety Management, Employee Safety
Evidence shows that good physical condition, good mental health, and an absence of chronic illness correlate to low injury rates. Programs aimed at prevention, early detection, and managing conditions also improve safety. However, a growing body of research has found that companies that integrate health, wellness, safety, and benefits in a holistic approach can improve health, decrease injuries, and improve productivity by building a culture of workforce resilience.
Growth & Innovation, Research & Development, Research, Innovation, New Product Development, Operations, Manufacturing, Production
Virtual reality has many applications beyond video games, particularly for manufacturing. Companies are leveraging this technology for product development, prototypes, training, and factory floor layout. Ford and BAE Systems already have reputations for using virtual reality to shorten product design cycles and save costs.