Vanguard technology, a bold mood and young students who turn into millionaires overnight: myth and reality in the narrow strip that runs from San Francisco to San José, California, in the United States.
What's the secret of this region that tops the most rigorous rankings of entrepreneurial activity in relation to population and the lists that measure the rate of returns on start-ups? What makes it so special? What are the particular traits of this technological and entrepreneurial paradise known as Silicon Valley? In this article, entrepreneurs, a few CEOs and historians respond to these questions.
Today’s hard-working employees often struggle, they have real pain at times on the job, and most of them are working their butts off to succeed. As leaders, it’s our job to help them power through it all and to stay highly engaged.
If we want employees that give 100% effort at work, and who then go home and shout from the rooftops, “My Company is a great place to work,” we need to do a better job of listening to our people. Unfortunately, not everything we hear has equal importance. Drilling down to the core of what our people really need to succeed is a big job, and it’s why so many companies invest in employee engagement studies each year. The problem is, too many of these studies trivialize our people’s careers and struggles.
The recent tragedies that have taken place in textile factories in Asia have once again put under the spotlight an issue which is taking on increasing importance, especially given the growing focus on corporate social responsibility: the poor and dangerous working conditions in sectors such as the textile industry in developing countries.
The collapse of a clothing factory which resulted in more than a thousand deaths in Bangladesh, a fire in another factory in the same city last September which caused more than 100 deaths, and last Thursday another factory collapse, this time a shoe factory in Cambodia – are part of a troubling pattern. Are these occurrences the result of mere irresponsibility? Willful corporate neglect? A lack of knowledge about how to manage the value chain? Or some other reason? In what follows we look at the current situation with regards to textile factories, what the reaction of the companies involved has been and what might be a possible solution to prevent similar events in the future.