Being able to look at the big picture and understand how the pieces work has helped Leslie Austin, HR Solutions' chief operations officer, move from HR to the C-suite. "[I]f you aren't the smartest person in the room, the willingness to accept new challenges and work very, very hard will pay off and carry you far," Austin says.
In the 19th century, the term "pudding" could describe a variety of dishes, including main courses of varying quality. In the US, puddings long ago fell out of favor, mostly seen today as sweet desserts, though the pudding remains a staple of British cooking.
The Trump administration is expecting the Federal Reserve to support any economic growth resulting from corporate tax cuts included in the Republican tax bill. The Fed is projecting three interest rate hikes next year but could increase that number to four if inflation picks up as a result of tax cuts, economists say.
For the first time, all of the seven co-chairs for the upcoming World Economic Forum meeting in Davos, Switzerland, will be women. The co-chairs include IBM CEO Ginni Rometty and Christine Lagarde, managing director of the International Monetary Fund.
Eliminating barriers to women's participation in the workforce could increase growth in advanced economies by 6% and produce even larger gains in emerging markets, according to Citigroup researchers. Labor force participation rates remain lower for women than men in many countries, including the US, where the gap is more than 10 percentage points.
Rent My Way founder Kassandra Rose encountered gender-based bias and skepticism while fundraising for her startup, and while that hasn't changed, she offers tactics to help women advance themselves. "We are creating our own experiences, and the less time we attach to the words and actions of others, the more time we'll have to taste freedom!" she writes.
Team sales pitches require one-on-one preparation to get everyone delivering the same message to the client, writes Stephanie Scotti. Important considerations include whether the pitch speaks to the client, shows differentiation and has compelling and smartly designed visuals.
Heavy revision is expected for a Republican tax plan passed by the Senate Finance Committee because several measures have raised concerns on both sides of the aisle. Passage of a tax bill is unlikely before winter because "complicated issues," such as the estate tax and state and local taxes, need resolution, says Greg Valliere, chief global strategist at Horizon Investments.
Repealing the legal requirement that most Americans buy health insurance might not generate the savings Republicans want to offset tax cuts. Only 7% of Americans who purchase insurance from the individual market will skip coverage if the mandate is eliminated, according to a survey by the Kaiser Family Foundation.