Organizational leadership has increasingly focused heavily on efficiency: operating lean and asking their employees to maintain continuity with fewer and fewer resources. But cutting budgets only goes so far. In recent years, managers and workers have refocused on a far more pertinent question: instead of doing the same with less (efficiency), how can we do…
Meta CEO Mark Zuckerberg has announced that 2023 is Meta’s ‘year of efficiency’. It includes refining the company’s distributed work model. Zuckerberg said that an internal analysis of data on employee performance suggests that engineers who work in the personal presence of each other get more done. He stated that Meta remains committed to distributed work model, and…
The International Monetary Fund released its latest World Economic Outlook on Tuesday, revising its US growth forecast while predicting a slowdown in expansion in the Eurozone. The IMF has raised its forecast for U.S. growth this year to 2.1%, an increase of 0.3 points from the latest estimate in July. The outlook for next year…
Microsoft invested in Builder.ai, a startup that helps firms having no coding experience to make applications and has doubled its efforts in the artificial intelligence space. Builder.ai is a startup that makes “no-code” and “low-code” platforms. Its software allows anyone with limited coding experience to develop and manage applications. Through this strategic partnership with Builder.ai, Microsoft…
