Management

UPS launches cost-cutting plan

UPS said it will cut up to 30,000 jobs, target $3bn in 2026 savings, and close 24 facilities in the first half of the year as part of a restructuring outlined on its earnings call.

IndusInd Bank Chairman Sunil Mehta to Step Down Amid Leadership Overhaul

IndusInd Bank chairman Sunil Mehta will step down in January amid leadership changes following major financial losses and governance lapses at the bank.

Quantum Thinking Can Help You Solve Complex Strategy Challenges

Quantum thinking offers a new approach to tackle complex strategy problems that traditional methods can't solve. This is significant for businesses facing wicked problems.

5 Critical Skills Leaders Need in the Age of AI

A Financial Times analysis reveals that while many companies tout AI's potential, leaders struggle to articulate concrete benefits, focusing instead on risks and vague promises.

How to Drive Digital Innovation Without Wasting Resources

Organizations are increasingly investing in digital technologies, particularly data and AI, to drive innovation without wasting resources.

The McKinsey CEO pipeline: How the consulting giant built an empire of influence and filled the world's corner offices with its alumni

McKinsey & Company has produced more Fortune 500 CEOs than any other institution, shaping leaders through rigorous training and a powerful alumni network.

The AI-First Airline

Airlines are adopting AI to enhance operations and customer experiences, aiming for higher profitability and efficiency amidst industry challenges.

Nearly 90% of BCG employees are using AI — and it's reshaping how they're evaluated

Boston Consulting Group reports that nearly 90% of its employees use AI, which is now integral to performance evaluations and efficiency.

The Secret to Juggling All Your Business Tasks Without the Burnout

Gen Z is redefining work-life balance through microshifting, allowing flexible schedules that enhance productivity and creativity without burnout.

'Seconds count': Avoiding airplane collisions at airports could come down to cockpit alerts

Honeywell is testing advanced cockpit alerts to enhance pilot reaction times and improve safety at congested airports, addressing rising concerns over runway incursions.

Beware coworkers who produce AI-generated 'workslop'

Researchers have identified 'workslop' as low-quality AI-generated content that fails to advance tasks, burdening coworkers with additional work.

Starbucks to close stores, lay off workers in $1 billion restructuring plan

Starbucks plans a $1 billion restructuring, closing stores and laying off 900 employees to enhance customer experience amid declining sales.

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