While some CEOs have caused corporate upheavals and others, such as Elon Musk, have taken unorthodox approaches, a few have successfully navigated challenges and led their companies to great accomplishments. These captains of industry employed various strategies and styles, but they all shared a deep knowledge of their businesses and a clear vision for the future.
3D printing, also known as additive manufacturing, is a lucrative industry that is rising in popularity. It involves creating 3D objects—like hearing aids, shoes and even homes—by layering thin materials (e.g. wood, plastic, metal, etc.). In 2022, the 3D printing market was valued at US$18.33 billion and is projected to reach US$83.90 billion by 2029.
Setting up a brand is a challenging but rewarding endeavor. Diversifying your product or service portfolio is crucial to reaching new customers and reducing risks. Most importantly, it helps you stay relevant. However, for luxury brands, diversification is a head-scratching pursuit, as they are often associated with—and limited to—their niche.
As if social media wasn’t enough, people now have a new way—a companion, rather—to promote disinformation: AI chatbots. The buzz around ChatGPT might have convinced you of the benefits on offer. It can write your essays, help you flirt and craft business strategies.
As the world continues to evolve, so does the nature of work. The traditional nine-to-five job is no longer the only option available, and more and more people are choosing to freelance or work in the gig economy. This shift has had a significant impact on many industries, and startups are no exception.
Remote employment is becoming increasingly popular. According to a Gallup poll conducted in 2022, 80% of employees use hybrid or remote options, while only 20% work on-site. This trend is expected to continue, meaning more individuals will be working in different time zones.
Corporate life is rife with scandals, from crazy CEOs who dance naked in front of employees to companies faking sustainability. Scandals can tarnish reputations beyond repair and have a negative impact on everyone involved in the company, causing the company’s stocks to plummet and customers to lose trust.
In times of economic uncertainty, layoffs are often an unfortunate necessity, causing great emotional distress for both the employer and employees. However, there are some instances where corporate leaders have demonstrated genuine compassion towards their employees by taking bold steps, such as accepting pay cuts or even forgoing their salaries altogether.
Whether it is the romantic relationship between two co-workers (like Jim and Pam in the American sitcom The Office) or an employee and the boss (like the 50 Shades of Grey film franchise), all the romance lovers out there must have come across the office romance trope.
Artificial intelligence (AI) is dominating the global discourse around tech, with scores of articles written about ChatGPT or DALL-E. All these tools can become much more efficient at processing data with the advent of quantum computing.
The modern world has made it so much easier for us to indulge in laziness. Don’t want to go pick up wine for your house party? You can have it delivered to your doorstep. Don’t want to clean your oven? You can hire someone to come to your house and do it for you.
An essential part of succeeding as an entrepreneur is consistently learning from your mistakes. Be it a rejected pitch or a project that was eventually shut down, taking stock of your mistakes and figuring out how things can be different moving forward is crucial to succeeding in the startup space. Suffice it to say almost everyone who has succeeded in entrepreneurship has done so through trial and error.
As the field of artificial intelligence (AI) and natural language processing (NLP) continues to advance, a new generation of AI language models is emerging to challenge the dominance of popular models like OpenAI’s Chat Generative Pre-trained Transformer, or ChatGPT.
The Indian startup industry has been on a wild ride for the last few years, with layoffs and hiring freezes blanketing the tech sector. A CIEL HR Services report shows a 44% decrease in new employment during October to December 2022 compared to January to March.
Despite progress in gender equality, women over 50 still face a unique set of barriers and challenges in society. Whether it’s in the workplace or social settings, these women are often overlooked and underestimated. In Asia Pacific, however, there are a number of inspiring role models who have broken barriers and achieved incredible success.
Quantum computing—using quantum mechanics to solve super complex problems—is a relatively new technology that has the potential to revolutionize many aspects of the modern world. It has already been used in areas such as cryptography and is increasingly gaining attention for its potential everyday applications.