"I don't have to worry today, for example, whether people think because I settled with Apple that we're a pushover. They also know that we fight very hard when we have to."
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CLOs—along with the rest of the C-suite—face a heightened volume of specific challenges and elevated risk while serving on the front lines of response to and recovery from organizational disruption.
"Not all corporate cultures are equal. Some are going to be more conducive to finding, maintaining and celebrating your authentic self than others," Boggs said.
While you're here, how about this:
Pandemic Creates New Breed Of Budget Shopper 10/29/2020
Gone is the stereotype of the female coupon-cutter: since January 2020, today’s budget-conscious consumers have evolved to include 14% more men and 60% more parents, according to a new study by Mediahub.
The survey found these budget shoppers (some 42 million in all) are mostly millennials and affluent, with 59% making more than $100,000 per year.
Over 90% have changed their shopping behaviors to save money due to COVID-19. However, while price-conscious consumers are more willing than overall Americans to explore new brands during the pandemic, they are still staying loyal to the brands that practice their values.
Budget Deficit Hits Record $3.1 Trillion - The New York Times
The federal budget deficit soared to a record $3.1 trillion in the 2020 fiscal year, official figures showed on Friday, as the coronavirus pandemic fueled enormous government spending while tax receipts plunged as households and businesses struggled with economic shutdowns.
The deficit — the gap between what the U.S. spends and what it earns through tax receipts and other revenue — was $2 trillion more than what the White House's budget forecast in February. It was also three times as large as the $984 billion deficit in the 2019 fiscal year.
Cost Cuts, Lengthier Rentals Mark Avis Budget's Q3 | Business Travel News
Delta Air Lines EVP and CFO Paul Jacobson will leave the carrier on Nov. 15 to take the CFO position...
International Airlines Group, parent of British Airways, Iberia, Aer Lingus and Vueling, has posted an...
Air France-KLM is engaging in a "profound transformation" to meet changing customers' expectations...
In case you are keeping track:
Michigan subsidizing private businesses with taxpayer money during budget crunch
M ichigan is facing a looming budget shortfall estimated between $1 billion and $2 billion for fiscal year 2022, but it's still giving taxpayer-funded grants to corporations.
The Michigan Economic Development Corporation announced grants to three companies, which total $5.1 million.
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"Today's actions will continue to ignite Michigan's economic recovery, and demonstrate our ongoing support for the businesses and community projects that will secure the long-term economic health of our state," MEDC CEO Mark Burton said in a statement.
Budget airlines Spirit and Allegiant shares jump on sunnier outlook
As losses mount for the aviation industry, executives at budget airlines are growing more upbeat, despite recent increases in coronavirus cases, touting their leisure-focused networks and fares that appeal to the most price-sensitive consumers.
Spirit Airlines shares gained 9.5% to close at $17.04 Thursday after the company beat revenue estimates, reporting a smaller-than-expected loss for the quarter and less cash burn than was expected. The rally outpaced the NYSE Arca Airline index's 3.5% gain. The S&P 500 ended 1.2% higher.
4 IT spending traps to avoid | CIO Dive
With IT spend under scrutiny, don't fall for these budget missteps impacting businesses' bottom lines.
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Two-thirds of executives surveyed plan to cut costs over the next year, according to Deloitte's " Save-to-Thrive " report. Two-thirds of companies have cost reduction targets that exceed 10%.
That means every dollar cut from or spent on IT is crucial. "The budget traps that exist now are the same ones that have always been there," says Chris Murphy, CEO of ThoughtWorks' North American business. With a recession, "the consequences of the mistakes now are exposed more than ever."
DPW Facility Designs to Be Budget Driven
The Marion Board of Selectmen spent the majority of its day on Monday in three separate interviews of engineers bidding to design a proposed Department of Public Works operations facility off Benson Brook Road.
The three firms were distinct in size proportionate to local versus regional. The in-town bidder, Saltonstall Architects, Inc., interviewed at noon, followed at 1:30 pm by Boston-based CBI Consulting LLC, followed at 3:00 pm by New York-based DiGiorgio Associates, LLC.
Happening on Twitter
Joe Biden is planning large tax increases if elected in November. He says that the increases would be just for high… https://t.co/9o32eyOebG AmericaFirstPAC (from USA) Thu Oct 29 17:30:55 +0000 2020
Spain's coalition government has agreed on a budget plan aimed at easing the economic crisis caused by the coronavi… https://t.co/QrEu6oo384 elpaisinenglish (from Madrid) Tue Oct 27 12:05:10 +0000 2020
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