MIT Sloan Management Review Announces in One of the Largest Ever Studies of Corporate Culture the 2020 Culture Champions

CAMBRIDGE, Mass. and MILL VALLEY, Calif., Oct. 14, 2020 /PRNewswire/ — Today, MIT Sloan Management Review announced the 2020 Culture Champions, as determined by the Culture 500, a groundbreaking study that scientifically compares the corporate cultures of more than 500 of the largest companies driving the U.S. economy.

The Culture Champions list comes out of the Culture 500, a large-scale, interactive research study conducted by researchers at the MIT Sloan School of Management. Studying over 1.4 million Glassdoor reviews from more than 500 of the largest employers in the United States, the Culture 500 is notable for its large scale — it is one of the largest studies of corporate culture ever conducted — and use of groundbreaking AI technology developed at MIT to make sense of over a million employee reviews.

The standout organizations in the study, the 21 Culture Champions were recognized because their employees

Read More

Radix Technology Fuels Growth for Pro-Frotas’ 100% Digital Fuel Supply Management Solution

HOUSTON, Oct. 13, 2020 (GLOBE NEWSWIRE) — Pro-Frotas, a 100% digital fuel supply management start-up created in partnership with Ipiranga, is growing its operations with technology developed by Radix Engineering and Software. Ipiranga, a subsidiary of Ultra, is the largest private player in the Brazilian fuel distribution market, with nationwide coverage and a network of approximately 7,200 service stations.

Pro-Frotas was conceived with the purpose of reinventing the fleet refueling business, with technology that would supply 100% digital, free supply management and payment. Pro-Frotas contracted Radix, IIOT digital transformation experts, to create an application and web portal for management and control of fueling.

“The Pro-Frotas project was challenging from the start, in terms of both team and deadline. In order to develop a completely innovative product in the transportation market, we had to condense timelines. We created deliverables on short notice that provided a simple and reliable

Read More

Japan firms fall woefully short of meeting government goals on women in management: Reuters poll

By Tetsushi Kajimoto

TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

Asked how much scope there was to increase female managers, 55% said by around 10%, a quarter said by about 20%, one in 10 firms said by around 30%, while 5% saw no room for that.

Read More

New Oriental Education & Technology Group Inc. (EDU) Management on Q1 2021 Results – Earnings Call Transcript

New Oriental Education & Technology Group Inc. (NYSE:EDU) Q1 2021 Results Earnings Conference Call October 13, 2020 8:00 AM ET

Company Participants

Sisi Zhao – Director, Investor Relations

Stephen Yang – Chief Financial Officer

Conference Call Participants

Tian Hou – T.H. Capital

Felix Liu – UBS

Jin Yoon – Newstreet Research

Mark Li – Citi

Alex Xie – Credit Suisse

Sheng Zhong – Morgan Stanley

Lucy Yufrom – Bank of America Securities

Alex Liu – China Renaissance

DS Kim – JPMorgan

Tommy Wong – China Merchant Securities

Liping Zhao – CICC

Operator

Good evening and thank you for standing by for New Oriental’s FY 2021 First Quarter Results Earnings Conference Call. At this time all participants are in a listen-only mode. After managements prepared remarks there will be a question-and-answer session. Today’s conference call is being recorded. If you have any objections, you may disconnect at this time.

I’d now

Read More

Student Management Systems Market Projection By Latest Technology, Global Analysis, Industry Growth, Current Trends And Forecast Till 2026 – Press Release

“COVID-19 Impact on Global Student Management Systems Market – 2020-2026”

Student Management Systems Market 2020 Global Industry Research report 2020 covers a detailed study of the Student Management Systems Market size, growth, and share, trends, consumption, segments, application and Forecast 2026. Student Management Systems Market Report will add the analysis of the impact of COVID-19 on this industry.

COVID-19 Impact on Global Student Management Systems Market – 2020-2026

 

***Updated Free Sample Report Is Ready To Dispatch

 

Summary: Student Management Systems Market

The Student Management Systems Market report analyses the industry through a wide lens. It makes estimations based on raw data acquired from public databases, archives, news releases, exhibitions, news events, and other trustworthy sources. It offers predictions and foresights for the period of 2020 to 2026. The market variables shape the overall landscape with special emphasis on novel trends and emerging opportunities. The market gauges its prospects on the

Read More

Hoping to be LatAm’s top digital bank for SMBs, Xepelin launches a lending and revenue management service

There’s another entrant in the startup race to provide financial services to Latin America’s small and medium-sized businesses.

Financial services have been a huge opportunity for startups coming out of Brazil, Colombia and Mexico in recent years, and now Xepelin, a new company from Chile, is looking to join the fray.

Xepelin’s founders, Sebastian Kreis and Guillermo Molina Carvallo, launched their company with the vision of creating a new kind of online bank for Latin America’s small businesses.

Sebastian Kreis, chief executive officer, Xepelin. Image Credits: Xepelin

The company’s pitch to business owners depends on a variation of the lending tool known as factoring, where small businesses can take out loans based on the income they’re expecting to receive. In Latin America, where small businesses have limited avenues to traditional loans, according to Kreis, factoring represents a novel solution.

Xepelin already has a multimillion dollar credit line on the books

Read More

Ten Reasons Why Big Firms Stick With Obsolete Management

One of the great puzzles of the corporate world is why big corporations are still being run on obsolete 20th Century management principles when there is an obvious better alternative—21st Century management—that is producing unprecedented financial returns and market capitalizations.

“Most [firms] today are run on the basis of ‘legacy’ management systems that have become obsolete,” writes Menlo College professor Annika Steiber in The Silicon Valley Model. But why?

Even though 20th Century management is a coherent and consistent way of running a company, it is an increasingly poor fit with today’s fast-moving customer-driven marketplace. It has difficulty changing direction. It lacks agility. Here are ten reasons why 20th Century management still dominates.

1.    20th Century Management Operates As An Unstoppable Flywheel

Since 1970, 20th Century management has been preoccupied with a single-minded

Read More

Ten Reasons Why Big Firms Stick With Obsolete Management (Part 2)

Following the first five of Ten Reasons Why Big Firms Stick With 20th Century Management, here are five more reasons:

1. The Transition To 21st Century Management Is Hard Work

Stopping the momentum of the giant flywheel of 20th Century management and turning it into something more agile can involve a lot of work. Everything in 21st Century management is the opposite of 20th Century management.

The goal of the firm is now to create a continuous stream of value for customers and users. Making money is the result, not the goal. This goal requires a different structure of work to enable the full talents of those doing the work, often through small self-organizing teams working in short cycles, focused tightly on delivering value for customers. Instead of a steep vertical

Read More

Wealth Management M&A Activity Surges To Record Levels

The third quarter of 2020 will be remembered as one of the most unique periods of merger and acquisition activity in the history of the wealth management industry.

There were a record number of deals in Q3 – 55 transactions in total, according to the latest ECHELON Partners RIA M&A Deal Report – which surpasses the previous high of 53 deals that our research tracked in Q4 2019.

This record period comes directly after just 35 deals took place in Q2. This 57% increase in quarter-over-quarter M&A activity also registers as one of the sharpest increases in the industry’s history, marking a major rebound after the COVID-19-related market declines delayed and prolonged normal deal-making activity, as the figure below illustrates:

Read More

SHI International Achieves VMware Master Services Competency in Cloud Management and Automation

SHI International, one of the largest IT solutions providers in the world, has achieved a Cloud Management and Automation VMware Master Services Competency. This competency demonstrates SHI’s commitment to helping organizations accelerate their digital transformations by leveraging their validated services delivery capabilities around advanced VMware technologies.

“This competency not only proves that SHI is VMware validated for our full capabilities around Cloud Management and Automation, but also confirms the quality of our service delivery and the caliber of talent on our team,” said Jon Palmer, VMware Solutions Engineering Manager at SHI International.

SHI’s VMware Master Services Competencies in Cloud Management and Automation designates expertise in delivery of VMware Cloud Management and Automation solutions and services with deep understanding and execution of cloud management design principles and methodologies.

“VMware is pleased to recognize SHI for achieving a Cloud Management and Automation Master Services Competency. This achievement shows customers that partners like

Read More