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Consider this. Three in four employers around the world report that they can't find the skills they need, a dramatic increase from just 36% a decade ago. Contributing to this crisis are accelerating technological disruption, demographic changes such as an aging workforce and declining participation rates, and a growing disconnect between education systems and workplace needs. And let's not forget the impact of AI and automation. Demand for new skills is created while many skills become obsolete overnight.The skills shortage crisis is no longer an immediate threat, but a reality that is reshaping the future of work across industries. For…

Further fallout from the 2023 failure of Silicon Valley Bank (SVB) came this month when the Federal Deposit Insurance Corporation (FDIC) sued 17 former executives, including 11 directors, seeking billions of dollars in damages related to the bank's failure. It came to light because of what I did. This case continues to challenge corporate board members to extremely high standards regarding their ability to manage all types of risk in their companies, and that failure to make wise risk management decisions can have serious consequences. It's a reminder of something.Reuters reports that former SVB CEO Gregory Becker, six other executives…

The opportunity to serve on a board of directors is not only a rewarding experience, but also allows you to work alongside other smart and experienced professionals, build professional networks and skills, and learn about the company's culture, decision-making processes, and and governance oversight. But being a successful board member requires more than just a seat at the table. It requires a unique skill set, a clear understanding of governance, and the confidence to make your voice heard.Here are some insightful tips to help you succeed as a board member.1. prepare like a proOne of the most important things you…

For federal government systems integrators like Tyto Athene, 2025 could be the best time. Based in Herndon, Virginia, IT solutions providers for the US military and other government agencies can benefit greatly from President Donald Trump's unofficial government efficiency launch. Doge is ready to cut federal spending and modernize “federal technologies and software to maximize government efficiency and productivity,” according to an executive order issued this week. However, Tyto Athene's CFO Rick Johnson is well aware, so government spending priorities can change quickly. Tyto Athene aims to remain agile amidst that uncertainty, but absorbs the three companies it purchased in…

2025 could be a great time for federal systems integrators like Tyto Athene. The Herndon, Virginia-based provider of IT solutions for the U.S. military and other government agencies could benefit greatly from the launch of President Donald Trump's unofficial Department of Government Efficiency. According to an executive order issued this week, DOGE is ready to reduce federal spending and modernize “federal technology and software to maximize government efficiency and productivity.” But as Tito Athenes' chief financial officer Rick Johnson knows all too well, government spending priorities can change quickly. Tait Athens aims to remain nimble amid the uncertainty, with three…

When David Novak became CEO of Yum! For the brand, he had a simple but ambitious mission: to foster a unified and prosperous organizational culture. The secret to achieving this, he believed, was to study and replicate the successes of top performers. In recent episodes, Corporate Competitors PodcastNovak, CEO of the Year in 2012, reflected on his efforts to increase cohesion across Yum. Manage the brand globally while respecting the individuality of each franchise. “We really felt that we should have one culture around the world and within each of our brands,” said Novak, whose company is the parent company…

What can executives and senior leaders learn from world-class athletes? So much. Take two-time Olympic champion Michel Gyssin, for example. He overcame major setbacks to win back-to-back gold medals in alpine skiing. I have worked with Michelle as a performance psychologist since 2015 and developed five key strategies to help her achieve excellence in her sport, even in the face of a debilitating illness. It's well worth taking a look at her career to understand what she was capable of. Michel is one of the most decorated alpine skiers in the world, with World Cup podium finishes in every discipline…

Become business friendly approach Will you stimulate business growth and investment this year from Washington? Dean Quiambao, partner at Armanino Advisory, says there are early signs that C-Suites already have an effect on that hypothesis.”Many CFOs have changed from “cutting, cutting, cutting” to “cutting as much as possible.” Now we need to rekindle our growth plans,” Quiambao said. More corporate taxes from Washington, more domestic energy production, and new policies, to combat unfair trade and monetary policy by other countries, namely many industries in the US, namely may benefit. The environment for software regulation from the Republican administration could also…

Become business friendly approach Will Washington stimulate business growth and investment this year? Dean Quiambao, a partner at Armanino Advisory, said there are early signs that executives are already acting on that hypothesis.”Many CFOs are moving from a 'cut, cut, cut' mentality to 'we've cut as much as we can, now we need to restart our growth plans,'” Quiambao said. Lower corporate taxes, increased domestic energy production, and new Washington policies to counter unfair trade and currency policies by other countries could benefit many U.S. industries. A Republican administration's software regulatory environment could also boost the U.S. economy.However, moving into…

In February, 1995, six months before the Netscape IPO kicked off the age of the commercial internet, Nicholas Negroponte, the founder of MIT’s Media Lab, pulled together some of the essays he’d been writing for a hot new magazine called Wired which aimed to chronicle the growing overlap between new digital technologies and the broader culture.He called the resulting book being digital (no capitals intentional) a guidebook to a future that he predicted with remarkable accuracy, nailing the rise of everything from streaming entertainment to Substack to the dominance of the touchscreen as our go-to interface a decade—or two—before it happened. Millions of readers…