bloggggg

Home  |  Live  |  Science  |  Lifestyle  |  Entertainment  |  Broadcast  |  Games  |  eBooks  |  Astounds  |  Adbite  |  Cricbell  |  Cyber  |  Idea  |  Digital  |  Privacy  |  Publish  |  ePaper  |  Contact  .Subscribe.Subscribe.Subscribe.Subscribe.Subscribe.Subscribe.Subscribe.Subscribe.Subscribe
Subscribe

Friday, 21 March 2025

When is workplace chat ‘just gossip’ and when is it ‘sharing information’? It depends who’s doing it

When two junior employees bump into each other in the corridor and start chatting about their manager’s overbearing manner, it’s typically considered gossip. But what about when two managers have an off-record catch-up to discuss an under-performing employee?

Both scenarios meet traditional definitions of gossip – the information being shared is about other people, the people it’s about are absent, the information is shared in a way that casts judgement on those people, and it’s informal. Yet the two situations are viewed very differently.

What counts as gossip is much more slippery than we might think. I reviewed 184 academic articles to understand what really constitutes workplace gossip.

The key, I found, is not any set of objective criteria, but rather people’s shared agreement that a situation counts as gossip.

This understanding of gossip helps us make sense of the “workplace gossip paradox” – the idea that gossip can be considered both a reliable source of social information (“the inside word”) and an unreliable information source (“just gossip”).

My work also provides insights into how businesses can manage gossip before it becomes a scandal.

Knowledge is power – but power controls knowledge

How does recognising the slipperiness of gossip help us understand the workplace gossip paradox? The answer has to do with the role of power in legitimising information.

Leaders and managers need information to justify action. If a manager is going to investigate a sexual harassment claim, they can’t do so based solely on a hunch. They need to hear about it from someone.

If the victim of sexual harassment complains directly to their manager, an investigation is automatically justified. But what if the manager hears about harassment indirectly and unofficially (for example, through “gossip”), with the added complication that the alleged perpetrator is another manager?

If the manager does something about what they’ve heard and the source turns out to be unreliable, they could face negative consequences for acting on what was essentially “just gossip.” But if they don’t act, and the information turns out to be credible, they could face repercussions for ignoring the “inside word.”

There is evidence that such paradoxical situations play out quite frequently in real-world workplaces. For example, inside information about negligence towards patient safety in healthcare settings has, in the past, been dismissed as “just gossip” until it provoked a public scandal.

The same thing happened in a university where gossip shared through a “whisper network” was eventually corroborated by an independent inquiry. In this case, the inquiry also found official complaints had been ignored.

One case study from the United States found managers tended to keep an ear out for information passing through the grapevine and selectively use it to further their own interests.

If gossip threatened their power, they repressed it as “just gossip”. But if gossip provided “useful” information – ammunition against a subversive employee, for example – management legitimised gossip as “official information”.

To avoid workplace scandals when gossip is ignored, managers should co-opt the information and make it safe to address anti-social behaviour. La Famiglia/Shutterstock

How to manage the workplace gossip paradox

To avoid scandals stemming from when gossip is ignored, managers might consider “co-opting” gossip, bringing it into official communication channels.

But there’s a problem with this approach. Gossip gains its credibility as the inside word because it takes place outside official communication channels. Therefore, if managers try to co-opt gossip into formal management processes, it’s likely to have the unintended consequence of discrediting the shared information.

Instead, “managing gossip” requires a better understanding of its functions and motivations.

One function is to reduce uncertainty. Research suggests gossip often arises to fill information gaps. For example, people might speculate about a manager’s salary by gossiping about their expensive car or holiday.

Such gossip is likely to be exaggerated and counterproductive. However, it could be managed simply by being transparent about staff salaries, filling the information gap before gossip does.

Another key function of gossip is to warn against antisocial behaviours like bullying. But if employees feel comfortable speaking up about such behaviour — even when it’s perpetrated by those with official power – managers will not face the dilemma of whether to act on information that could turn out to be “just gossip.”

Gossip is a slippery and paradoxical form of communication. Some would say it’s unmanageable. But what can be managed are the workplace behaviours and hierarchical relationships that gossip loves to sink its teeth into.


The author would like to acknowledge Trish Corner, Helena Cooper-Thomas and Rachel Morrison for their contributions to developing this research.The Conversation


James Greenslade-Yeats, Research Fellow in Management, Auckland University of Technology

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Wednesday, 19 March 2025

After a century of Monday to Friday, could the 4-day week finally be coming to Australia?

The reality of shorter working hours could be one step closer for many Australians, pending the outcome of the federal election.

The Greens, who could control crucial cross bench votes in a hung parliament, have announced plans for a four-day working week, with no loss of pay. They say the policy would alleviate stress and burn out, and increase women’s participation in the workforce.

Earning the same money for fewer hours would appeal to most workers. But is it too good to be true? Could it really be rolled out cost free to all workplaces, especially to “client facing” companies and service providers?

Or does research suggest the Greens could be onto something?

The Greens’ plan

The Greens’ policy would involve a new National Institute for the Four Day Work Week and a test case through the Fair Work Commission.

A series of national trials would be set up in a number of different industries, whereby workers would work 80% of their normal hours, while maintaining 100% of their pay.

According to Greens Senator Barbara Pocock, it’s a win-win for everyone:

It can increase productivity, reduce absenteeism, improve recruitment and retention and give employees more time to manage their home life. This change will allow workers to create a working week that works for them.

The 100:80:100 model

The four-day work week being proposed in this instance is commonly regarded as the 100:80:100 model.

It delivers 100% of the pay, for 80% of the hours, in return for maintaining 100% of productivity.

This is unlike other forms of shorter working weeks, which compress five days’ worth of work into four longer days. This obviously disadvantages some employees.

Recent research conducted by Swinburne University of Technology involved interviews with ten Australian firms that have already adopted the 100:80:100 model.

They were a mixture of small and medium sized private sector businesses, including management consulting firms, a shipping and logistics company, and recruitment and marketing agencies.

The research underlined the potential for a range of positive outcomes for both employers and employees.

Workers reported having better work-life balance, more time to complete “life administration” tasks, and more time to invest in hobbies, exercise, wellness and self-care. Bosses cited productivity gains, reduced sick days, and significant improvements in recruitment and retention rates.

However, the 100:80:100 model is viewed with scepticism in some quarters. There is still doubt that productivity and output would be maintained, or in some cases improved, when workers are working one day fewer per week.

Also, there could be costs associated with the implementation of this work model for front-line roles, such as retail, schools, hospitals and nursing homes. Additional workers may need to be hired, at extra expense, to cover the hours dropped by the existing workforce.

100 years of working 5 days a week

The year 2026 will mark the 100th anniversary of the five-day work week.

It was car maker Henry Ford who reduced the working week in the United States from six days to five. Other sectors and countries followed suit. This was at a time when the average life expectancy of Australian workers was just 55 and households typically only had one bread-winner.

Despite the time saved by the many technological breakthroughs in the past 100 years – from the photocopier, desktop computer and fax machine, to the internet, mobile phones and AI – the average Australian is now working longer hours in paid and unpaid labour than ever before.

The Greens point out Australian society is changing. More women and carers are either in the workforce or would be encouraged into the workforce by more flexible arrangements:

yet we are constrained by archaic labour laws that see the fruits of our efforts swallowed up in profits for bosses and shareholders.

The role of generative AI technologies in the workplace may also deliver benefits to workers. Separate Swinburne research has revealed an increasing expectation among workers that they will receive a share in the time saved by future technologies in the form of improved work-life balance and wellbeing gains.

Time to enter the 21st century

Earlier this year, 200 UK companies signed up to the 100:80:100 model, as part of a campaign to “reinvent Britain’s working week”. Large scale trials are also underway in Canada and several European countries.

The global interest in a shorter working week is not surprising, and has likely been fuelled by the COVID pandemic, which has caused workers and employers to re-imagine their working lives.

If the Greens are in a position to leverage any balance of power after the coming election, it could be Australia’s turn to recognise the conventional five-day working week is no longer fit for purpose.The Conversation

John L. Hopkins, Associate Professor of Management, Swinburne University of Technology

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Friday, 7 February 2025

Leema clinches South Asian Business Excellence Award


Leema Creations Ltd. has won the South Asian Business Excellence Award for brand excellence in interior architecture for the 8th consecutive year. The presentation of the award took place recently at a glittering ceremony held in Pride Plaza Aero City, New Delhi, India in the presence of Business leaders and distinguished invitees.

Leema Creations Founder Chairman Channa Wijesekara and Managing Director ShamikaWijesekara received the award on behalf of Leema Creations.

South Asian Business Excellence award is a prestigious and celebrated award which was established to acknowledge and reward the exceptional work and its results by the industry leaders of the corporate domain in the countries of the South Asian region.

Excellence is not an easy attainment to come by. Perseverance, dedication and driving towards brilliance are unmistakable requirements in order to gain excellence ultimately. All this can be condensed in a single word, “Obsession”. When obsessed with excellence your dream to the best of the best becomes a reality.

The management of Leema clearly understood this concept and worked towards this goal through direct access to a professional team of in-house interior designers and expert technical team from the inception of a project resulting in Leema been the leading brand to provide the clients with beauty, innovation and cutting edge precision interior solutions.

Leema is one of the recipients of ISO 9001-2015 in the interior industry in Sri Lanka which ensures that its products and services are up to the required standards.

Further the existing manufacturing plant covering 80000 sq.ft. is one of the most advanced in Sri Lanka with a combination of state of the art modern computerised equipment and fine craftsmanship which ensures exact execution of any project undertaken. Leema clinches South Asian Business Excellence Award | Daily FT

Thursday, 6 February 2025

WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs


Hyderabad, (IANS): IT major Infosys Limited will expand its presence in Hyderabad to create 17,000 jobs.

The announcement was made at the World Economic Forum (WEF) in Davos following the meeting of Infosys CFO Jayesh Sanghrajka with the Telangana IT and Industries Minister D. Sridhar Babu on Thursday.

The state government and Infosys agreed to further strengthen their strategic partnership with the expansion of Infosys' IT campus at Pocharam.

The expansion plans will create an additional 17,000 jobs in the Pocharam Campus where Infosys already employs over 35000 jobs making it one of their largest in the country, the Chief Minister's Office (CMO) said.

Construction of new IT buildings in phase 1 with an investment of Rs 750 crores will be completed in the next 2-3 years that will accommodate 10,000 people.

These new centres will contribute significantly to the state's thriving IT ecosystem and further enhance Telangana's status as a leading IT destination in the country, the CMO said.

"Our partnership with the Government of Telangana reflects our shared vision of driving innovation, empowering communities, and strengthening the IT landscape," said Jayesh Sanghrajka.

The IT minister said the state government remained dedicated to nurturing talent, creating opportunities, and fostering strategic alliances to propel the state's economy forward.

Earlier, Wipro also decided to expand its campus at Gopanapalli in the Financial District with a new IT centre to create 5,000 new jobs. The announcement was made after Chief Minister A. Revanth Reddy and IT Minister Babu met Wipro Executive Chairman Rishad Premji in Davos.

According to the CMO, the new IT centre will be completed in 2-3 years. This expansion is likely to further strengthen the IT ecosystem in Hyderabad.

Welcoming Wipro's decision to expand, the Chief Minister assured it of full support from the government.

Sridhar Babu posted on social media platform 'X' that he and Rishad Premji discussed plans to establish innovation centres that will drive cutting-edge advancements in AI, IoT, and cybersecurity in line with the state government’s vision of building a brighter tech-driven future. “Wipro’s commitment to empowering youth through skill development aligns perfectly with Telangana’s vision to nurture global talent. Together, we’re ensuring Telangana remains a beacon for innovation, sustainability, and growth," the minister said.--IANS WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs | MorungExpress | morungexpress.com

Monday, 27 January 2025

Is linking time in the office to career success the best way to get us back to work?

Working from home introduced in response to the harsh pandemic lockdowns in 2020 was expected to be a short term arrangement with staff returning to the office as soon as restrictions were lifted.

Yet, almost four years later, most office workers are still following hybrid arrangements - splitting their week between home and office, with no plans to return full-time to the workplace anytime soon.

In what some employees consider an aggressive move by their bosses to get them back where they can be seen, some companies are now linking office attendance to pay, bonuses and even promotions.

It pays, for some, to return to the office

Linking office attendance with pay has taken off after Citibank workers in the UK were told last September their bonuses could be affected if they didn’t work a minimum of three days per week from the office.

In Australia Origin and Suncorp, have done the same thing, as has ANZ where staff are required to work at least half their hours – averaged over a calendar month – in the office.

If these conditions are not met, it may be taken into consideration in performance and remuneration reviews at the end of the next year.

“If you are one of our people who are yet to be spending more than half your time in the workplace, we need you to adjust your patterns unless you have a formal exception in place,” an internal email to ANZ staff said.

In the US, Amazon has told corporate employees they may miss out on promotion if they ignore the company’s return-to-office mandate, which requires employees to be in the office at least three days a week.

A post on Amazon’s internal website viewed by CNBC said:

Managers own the promotion process, which means it is their responsibility to support your growth through regular conversations and stretch assignments, and to complete all the required inputs for a promotion

If your role is expected to work from the office 3+ days a week and you are not in compliance, your manager will be made aware and VP approval will be required.

Not everyone is happy

To say the reaction to these measures has been divisive is an understatement. Up to now, some hybrid work arrangements may have been ill-defined, and employee expectations confusing.

Some employees will miss out on promotions and bonuses if they refuse to spend at least part of their working week in the office. PressMaster/Shutterstock

The messaging offered here is clear, employees know what is expected of them in terms of office attendance, and the repercussions they may face if they don’t meet those expectations.

And it’s important to remember that these initiatives are only aimed at incentivising workers to attend the office for part of the week, typically 2-3 days out of 5, which still represents a significant flexibility gain compared to what these firms offered before the pandemic.

Is showing up the best measure of performance?

However, critics have raised concerns that linking attendance to pay could hurt high achievers who don’t meet their in-office quotas - will they miss out on bonuses or a promotion simply because they don’t show up to the office enough, regardless of how well they are doing their job otherwise?

Is office attendance really that important, compared to other performance and outcome metrics, and will employees feel they are being treated like school children?

There are also fears about the impact strict attendance requirements will have on diversity, with women, parents, and people with neurodiverse needs more likely to favour a higher proportion of remote working.

Additionally, monitoring and managing attendance creates additional work for managers, and could lead to regular awkward conversations about attendance expectations.

Measuring office attendance may not be as simple as it first sounds either.

If an employee is required to maintain an average of 50% office attendance and they are invited to visit a client interstate for a day, or travel overseas to present at a conference, do these count as “in office days” or “WFH” days? This needs to be established and communicated to staff in writing.

One-size doesn’t fit all

With hybrid work arrangements there is no one right or wrong strategy. Different companies will take different approaches, based on the specific needs of their particular organisation and staff, and only time will tell how successful their respective strategies prove to be.

What we can be certain of is the fact hybrid work will not be disappearing anytime soon, so the focus for 2024 needs to be how to make this arrangement as efficient as possible, rather than trying to turn the clock back to 2019. The Conversation

John L. Hopkins, Associate professor, Swinburne University of Technology

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Thursday, 16 January 2025

Inauguration of World’s Largest 2nd Gen. Ethanol Plant Will Cut Emissions by 30% with Sugar Cane

credit – Raízen, released to the press

In late May, Brazilian President Luis Ignacio da Silva visited São Paulo to inaugurate the world’s largest manufacturing plant for second-generation ethanol.

The new Bonfim Bioenergy Park will produce 82 million liters of ethanol per year utilizing a new method that produces 30% fewer emissions.

Located in the Brazilian state of Guariba, the nation’s largest center for the cultivation of sugarcane, the second-generation ethanol, also known as ‘bioethanol’ is made from the waste products of sugar production, known in the industry as bagasse.

Raízen, the company behind the Bonfirm plant, says that making ethanol from this waste creates 30% fewer emissions than if previous manufacturing methods were used.

New technologies allow for the extraction of residual sucrose from these already-crushed canes. A hydrolysis process uses enzymes to separate the individual cellulose fibers so they can be fermented more easily.

Raízen has another 9 second-gen plants under construction, and the company is aiming to produce 1.6 billion liters of biofuel per year in the future.

The largest single use of ethanol is as an engine fuel and fuel additive. Brazil in particular relies heavily upon the use of ethanol as an engine fuel being the world’s leading producer of ethanol. 90% of all new gasoline-powered cars sold in Brazil can also run on hydrous ethanol.

Along with the 30% reduction in emissions from manufacturing bioethanol compared to manufacturing conventional ethanol blends, the reduction in emissions from its use as a fuel is as high as 50 and 60%, according to a study from the Argonne National Laboratory.

“I realize that our engineering, that our researchers have managed to do what no country in the world that thinks it is better than us has done: we are able to transform that bagasse into something that produces ethanol of much better quality than the normal ethanol that we produced before, which is second-generation ethanol,” said President da Silva at the inauguration. Inauguration of World’s Largest 2nd Gen. Ethanol Plant Will Cut Emissions by 30% with Sugar Cane

Wednesday, 1 January 2025

Drug companies pay doctors over A$11 million a year for travel and education. Here’s which specialties received the most

Monster Ztudio/Shutterstock Barbara Mintzes, University of Sydney and Malcolm Forbes, Deakin University

Drug companies are paying Australian doctors millions of dollars a year to fly to overseas conferences and meetings, give talks to other doctors, and to serve on advisory boards, our research shows.

Our team analysed reports from major drug companies, in the first comprehensive analysis of its kind. We found drug companies paid more than A$33 million to doctors in the three years from late 2019 to late 2022 for these consultancies and expenses.

We know this underestimates how much drug companies pay doctors as it leaves out the most common gift – food and drink – which drug companies in Australia do not declare.

Due to COVID restrictions, the timescale we looked at included periods where doctors were likely to be travelling less and attending fewer in-person medical conferences. So we suspect current levels of drug company funding to be even higher, especially for travel.

What we did and what we found

Since 2019, Medicines Australia, the trade association of the brand-name pharmaceutical industry, has published a centralised database of payments made to individual health professionals. This is the first comprehensive analysis of this database.

We downloaded the data and matched doctors’ names with listings with the Australian Health Practitioner Regulation Agency (Ahpra). We then looked at how many doctors per medical specialty received industry payments and how much companies paid to each specialty.

We found more than two-thirds of rheumatologists received industry payments. Rheumatologists often prescribe expensive new biologic drugs that suppress the immune system. These drugs are responsible for a substantial proportion of drug costs on the Pharmaceutical Benefits Scheme (PBS).

The specialists who received the most funding as a group were cancer doctors (oncology/haematology specialists). They received over $6 million in payments.

This is unsurprising given recently approved, expensive new cancer drugs. Some of these drugs are wonderful treatment advances; others offer minimal improvement in survival or quality of life.

A 2023 study found doctors receiving industry payments were more likely to prescribe cancer treatments of low clinical value.

Our analysis found some doctors with many small payments of a few hundred dollars. There were also instances of large individual payments.

Why does all this matter?

Doctors usually believe drug company promotion does not affect them. But research tells a different story. Industry payments can affect both doctors’ own prescribing decisions and those of their colleagues.

A US study of meals provided to doctors – on average costing less than US$20 – found the more meals a doctor received, the more of the promoted drug they prescribed.

Pizza anyone? Even providing a cheap meal can influence prescribing. El Nariz/Shutterstock

Another study found the more meals a doctor received from manufacturers of opioids (a class of strong painkillers), the more opioids they prescribed. Overprescribing played a key role in the opioid crisis in North America.

Overall, a substantial body of research shows industry funding affects prescribing, including for drugs that are not a first choice because of poor effectiveness, safety or cost-effectiveness.

Then there are doctors who act as “key opinion leaders” for companies. These include paid consultants who give talks to other doctors. An ex-industry employee who recruited doctors for such roles said:

Key opinion leaders were salespeople for us, and we would routinely measure the return on our investment, by tracking prescriptions before and after their presentations […] If that speaker didn’t make the impact the company was looking for, then you wouldn’t invite them back.

We know about payments to US doctors

The best available evidence on the effects of pharmaceutical industry funding on prescribing comes from the US government-run program called Open Payments.

Since 2013, all drug and device companies must report all payments over US$10 in value in any single year. Payment reports are linked to the promoted products, which allows researchers to compare doctors’ payments with their prescribing patterns.

Analysis of this data, which involves hundreds of thousands of doctors, has indisputably shown promotional payments affect prescribing.

Medical students need to know about this. LightField Studios/Shutterstock

US research also shows that doctors who had studied at medical schools that banned students receiving payments and gifts from drug companies were less likely to prescribe newer and more expensive drugs with limited evidence of benefit over existing drugs.

In general, Australian medical faculties have weak or no restrictions on medical students seeing pharmaceutical sales representatives, receiving gifts, or attending industry-sponsored events during their clinical training. They also have no restrictions on academic staff holding consultancies with manufacturers whose products they feature in their teaching.

So a first step to prevent undue pharmaceutical industry influence on prescribing decisions is to shelter medical students from this influence by having stronger conflict-of-interest policies, such as those mentioned above.

A second is better guidance for individual doctors from professional organisations and regulators on the types of funding that is and is not acceptable. We believe no doctor actively involved in patient care should accept payments from a drug company for talks, international travel or consultancies.

Third, if Medicines Australia is serious about transparency, it should require companies to list all payments – including those for food and drink – and to link health professionals’ names to their Ahpra registration numbers. This is similar to the reporting standard pharmaceutical companies follow in the US and would allow a more complete and clearer picture of what’s happening in Australia.

Patients trust doctors to choose the best available treatments to meet their health needs, based on scientific evidence of safety and effectiveness. They don’t expect marketing to influence that choice.The Conversation

Barbara Mintzes, Professor, School of Pharmacy and Charles Perkins Centre, University of Sydney and Malcolm Forbes, Consultant psychiatrist and PhD candidate, Deakin University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Monday, 11 November 2024

Amazon invests in X-energy, unveils SMR project plans

Amazon has announced it has taken a stake in advanced nuclear reactor developer X-energy, with the goal of deploying up to 5 GW of its small modular reactors in the USA by 2039.

Online shopping and web services giant Amazon's Climate Change Pledge Fund was described as the anchor investor in a USD500 million financing round for X-energy, alongside Ken Griffin, founder and CEO of Citadel, Ares Management Corporation, private equity firm NGP and University of Michigan.

The funding is designed to pave the way to completion of the reactor design and licensing, and the first phase of its TRISO-X fuel fabrication facility at Oak Ridge, Tennessee.

The first project

The first project looks set to be in Washington State, with Amazon announcing it had signed an agreement with Energy Northwest, a consortium of state public utilities, for an initial four advanced small modular reactors (SMRs) generating about 320 MWe, with an option to treble that number to 960 MWe, which would be the amount needed to power about 770,000 homes.

Amazon will fund the initial feasibility phase for the SMR project which is planned for a site near the energy company's Columbia Generating Station nuclear energy facility in Richland. Under the agreement Amazon would have the right to purchase electricity from the first phase, while Energy Northwest will have the option to build the eight extra modules, with the additional power being available to Amazon and utilities in the area.

Matt Garman, CEO of Amazon Web Services, said: "One of the fastest ways to address climate change is by transitioning our society to carbon-free energy sources, and nuclear energy is both carbon-free and able to scale - which is why it’s an important area of investment for Amazon. Our agreements will encourage the construction of new nuclear technologies that will generate energy for decades to come."

Greg Cullen, Vice President for Energy Services & Development at Energy Northwest, said: "We've been working for years to develop this project at the urging of our members, and have found that taking this first, bold step is difficult for utilities, especially those that provide electricity to ratepayers at the cost of production. We applaud Amazon for being willing to use their financial strength, need for power and know-how to lead the way to a reliable, carbon-free power future for the region."

The advanced reactors

The Xe-100 is a Generation IV advanced reactor design which X-energy says is based on decades of high temperature gas-cooled reactor operation, research, and development. Designed to operate as a standard 320 MWe four-pack power plant or scaled in units of 80 MWe. At 200 MWt of 565°C steam, the Xe-100 is also suitable for other power applications including mining and heavy industry. The Xe-100 uses tri-structural isotropic (TRISO) particle fuel, which has additional safety benefits because it can withstand very high temperatures without melting,

X-energy says its design makes it road-shippable with accelerated construction timelines and more predictable and manageable construction costs, and is well suited to meet the requirements of energy-intensive data centres.

Clay Sell, X-energy CEO, said: "Amazon and X-energy are poised to define the future of advanced nuclear energy in the commercial marketplace. To fully realise the opportunities available through artificial intelligence, we must bring clean, safe, and reliable electrons onto the grid with proven technologies that can scale and grow with demand. We deeply appreciate our earliest funders and collaborators, notably the US Department of Energy and Dow Inc. With Amazon, Ken Griffin, and our other strategic investors, we are now uniquely suited to deliver on this transformative vision for the future of energy and tech."

The initial Xe-100 plant is being developed at Dow Inc's UCC Seadrift Operations site on the Texas Gulf Coast, which would be the first nuclear reactor deployed to serve an industrial site in the USA.

What else has been announced?

A memorandum of understanding has also been signed with utility company Dominion Energy to look into the development of an SMR project near the company's existing North Anna nuclear power station. It is not the first move into nuclear energy from Amazon, which is co-locating a data centre facility next to Talen Energy's nuclear power plant in Pennsylvania.

Robert Blue, Chairman and CEO of Dominion Energy, said: "This agreement builds on our longstanding partnership with Amazon and other leading tech companies to accelerate the development of carbon-free power generation in Virginia. It's an important step forward in serving our customers' growing needs with reliable, affordable and increasingly clean energy. This collaboration gives us a potential path to advance SMRs with minimal rate impacts for our residential customers and substantially reduced development risk."

In July, Dominion Energy announced a Request for Proposals from leading SMR nuclear technology companies to evaluate the feasibility of developing an SMR at the company's North Anna plant - while it is not a commitment to build an SMR, it is an important first step in evaluating the technology and the feasibility of developing it at North Anna the company says.

Data centres and nuclear

Amazon's series of announcements confirms a recent trend of data centre operators looking at nuclear energy as a way to get reliable energy that is carbon free. Amazon noted that it is not just their data centres and web services which are going to see increasing electricity demand, but also wider developments such as electrifying its vehicle fleet.

On Tuesday, a fellow online giant, Google, signed a Master Plant Development Agreement with Kairos Power for the development and construction of a series of advanced reactor plants.And last month Microsoft announced it had signed a 20-year power purchase agreement with Constellation which would see Three Mile Island unit 1 restarted, five years after it was shut down. Amazon invests in X-energy, unveils SMR project plans

Friday, 11 October 2024

Doyen of India Inc, Tata Group's Ratan Tata passes away


Mumbai, October 10 (IANS) Ratan Naval Tata, the Chairman Emeritus of Tata Sons, passed away at the Breach Candy Hospital following age-related health conditions. He was 86.

Tata was admitted to the hospital on Monday, sparking intense speculation on his health status in corporate, political and common circles.

Later, he had issued a statement that he was undergoing certain routine medical examinations for age-related health concerns.

Subsequently, he was reportedly put on life-support systems, though the Tata Group officials did not confirm or deny anything.

Chairman, Tata Sons, N Chandrasekaran said that it is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation.

“For the Tata Group, Mr. Tata was more than a chairperson. To me, he was a mentor, guide and friend. He inspired by example. With an unwavering commitment to excellence, integrity, and innovation, the Tata Group under his stewardship expanded its global footprint while always remaining true to its moral compass.

“Mr. Tata’s dedication to philanthropy and the development of society has touched the lives of millions. From education to healthcare, his initiatives have left a deep-rooted mark that will benefit generations to come. Reinforcing all of this work was Tata’s genuine humility in every individual interaction.

“On behalf of the entire Tata family, I extend our deepest condolences to his loved ones. His legacy will continue to inspire us as we strive to uphold the principles he so passionately championed.”

Known for his genteel demeanour masking a tough and sharp business acumen, Tata served as the all-powerful Chairman of Tata Sons, the holding company of the Tata Group, from 1991 till his retirement on December 28, 2012.

It was during his stewardship that the group’s revenues grew manifold, totalling over $100 billion (in 2011-12).

On various occasions, Tata had served as the Chairman of major Tata companies, including Tata Motors, Tata Steel, Tata Consultancy Services, Tata Power, Tata Global Beverages, Tata Chemicals, Indian Hotels, and Tata Teleservices.

He was also associated with various organisations in India and abroad, and functioned on the international advisory boards of Mitsubishi Corporation and JP Morgan Chase.

Tata was also the Chairman of the Council of Management of the Tata Institute of Fundamental Research and on the Board of Trustees of Cornell University and the University of Southern California.

The Mumbai-born and educated Tata, who was born on December 28, 1937, had joined the Tata group as a young executive in 1962, after acquiring his Bachelor of Architecture degree from Cornell University that year.

He worked briefly with Jones and Emmons in Los Angeles before coming to India in end-1962, and then working on the shop floor of Tata Steel.

After serving in various companies, he was appointed Director-in-Charge of the National Radio and Electronics Company in 1971, and later completed an Advanced Management Programme at the Harvard Business School in 1975.

In 1981, he was named Chairman of Tata Industries, the group’s other holding company, where he was responsible for transforming it into a group strategy think tank and a promoter of new ventures in high-technology businesses.

Post-retirement, Tata was conferred the honorary title of Chairman Emeritus of Tata Sons, Tata Industries, Tata Motors, Tata Steel, and Tata Chemicals.

Tata was currently the Chairman of the Tata Trusts, comprising the Sir Ratan Tata Trust and Allied Trusts, plus the Sir Dorabji Tata Trust and Allied Trusts.

Under his guidance and leadership, these Trusts metamorphosed from being reactive charities to India’s premier philanthropic foundations, striving to transform the lives of millions of individuals, through meaningful partnerships with like-minded non-profit organisations, communities, governments (state and central), corporates and foreign funding organisations.

The Indian government honoured Tata with its second-highest civilian award, the Padma Vibhushan, in 2008. He has also received many other awards, honours, honorary doctorates from several Indian and global universities and other accolades.

He is survived by his family members comprising brothers sisters, including Simone Tata, Jimmy Tata, Noel Tata, Aloo Tata, Shireen Jejeebhoy, Deanne Jejeebhoy, Leah Tata, Maya Tata, Neville Tata, Manasi Tata, Jamset Tata, Tiana Tata and others, said a family statement. Source: https://www.morungexpress.com/doyen-of-india-inc-tata-groups-ratan-tata-passes-away

Sunday, 6 October 2024

Malabar Group announces $1.9 million in scholarships for more than 21,000 female students in India

India’s Minister of Commerce and Industry Piyush Goyal, holds up the check announcing a large donation by the Malabar Group, for female education, at a recent event in India. The event was held at Bharat Diamond Bourse, BKC in Mumbai, The event was graced by several key figures, including MP Ahammed (Chairman – Malabar Group), Abdul Salam K P (Vice-Chairman – Malabar Group), Asher O (MD – India Operations – Malabar Gold & Diamonds), Nishad AK (Executive Director – Malabar Group), and Shaunak Parikh (Director, Mahendra Brothers .PHOTO: Courtesy Malabar Group

The Malabar Group, a diversified Indian business conglomerate and the parent company of Malabar Gold & Diamonds, announced its “National Scholarship Programme” for 2024 at an event at Bharat Diamond Bourse, BKC, Mumbai in India recently. Malabar Gold & Diamonds is the 6th largest jewellery retailer globally. This year, the scholarship program has allocated more than $1.9 million support the education of over 21,000 female students across India.

This announcement underscores Group’s commitment to supporting female education and women’s empowerment, a press release from the Group said. The event was inaugurated by Piyush Goyal, Honourable Minister of Commerce & Industry, Government of India. MP Ahammed, (Chairman – Malabar Group), Abdul Salam K P (Vice-Chairman – Malabar Group), Asher O (MD – India operations – Malabar Gold & Diamonds), Nishad AK (Executive Director-Malabar Group) and Shaunak Parikh (Director, Mahendra Brothers) were present at the event.

Speaking about the initiative, Chairman, Malabar Group MP Ahammed, said, “Education is the most powerful tool to change the world. Our scholarship programme is a direct reflection of Malabar Group’s deep-rooted belief that education unlocks opportunities and transforms lives. We are committed to removing barriers for young girls so they can fulfil their educational aspirations and contribute meaningfully to society.”

In 1999, the Malabar Charitable Trust (MCT) was created to structure and expand charitable initiatives for which it allocates 5% of its profits in every country of operation, which spans Health, Housing, Hunger Free World, Education, Women’s Empowerment and the Environment, with a particular focus on empowering marginalized communities.

The Malabar National Scholarship Programme, launched in 2007, has to date, invested more than $7 Million, providing financial aid to more than 95,000 female students across India.

In addition to the scholarship program, the Malabar Group’s Hunger-Free World Project provides nutritious meals to the underprivileged across the country. Supported by a strong network of volunteers and partnerships with local NGOs, the initiative is committed to eradicating hunger and ensuring food security for all. Currently, 50,000 food packets are distributed daily in 80 cities across 16 states in India. Additionally, 10,000 meals are provided every day to school students in Zambia, Africa. Malabar Group aims to scale the project to serve 100,000 people daily at 200 centers, the press release said.

The Malabar Group has also launched the Grandma Home project, which provides free, fully equipped accommodation for destitute women, offering them protection and care. Currently, homes are operational in Bengaluru and Hyderabad, with plans to expand to major cities in Kerala, as well as Chennai, Kolkata, Delhi, and Mumbai.

To date, the Malabar Group has invested over $31 Million in various social responsibility projects. Malabar Group announces $1.9 million in scholarships for more than 21,000 female students in India

Saturday, 21 September 2024

India moving in right direction to become global chip hub: Industry players

Greater Noida, (IANS): Semiconductor industry leaders on Wednesday hailed India's chip vision, saying the country can become a global hub with a long-term vision and PM Narendra Modi's government is moving in the right direction.

Rutger Wijburg, COO and Member of the management board at Infineon Technologies AG, told IANS that India offers a fantastic opportunity for chip companies.

"The discussion with Prime Minister Narendra Modi has enlightened me about the work the country is doing in the field of semiconductors. There is an enormous need for semiconductors in India and companies like us can help build the local supply chain," Wijburg said on the sidelines of the ‘Semicon India 2024’ event here which was inaugurated by PM Modi in the presence of industry stakeholders.

The country aims to become a $110 billion semiconductor industry by 2030, targeting 10 per cent of global demand.

Wijburg said there is enormous potential for chips not only to be used in the country but also for the global markets.

"India can become a global semiconductor hub with a long-term vision and I am convinced that the Indian government is taking this goal very seriously," he added.

According to Koji Wada, Managing Director of FUJIFILM India, the government policy around semiconductors is very amicable and with the right kind of support, the chip industry in the country can flourish.

"We wish to work and grow together in India," he said.

Win Chan from AGM Group says the Semicon India event is very impressive, with so many companies participating and a lot of customers visiting. "This event truly brings great value to the companies involved," he mentioned.

The three-day ‘Semicon India 2024’ is being attended by over 600 exhibitors and more than 100 global companies. Organised by SEMI in partnership with Messe Munchen India, MeitY, India Semiconductor Mission (ISM) and Digital India, the event underscores India’s emergence as a global semiconductor powerhouse, India moving in right direction to become global chip hub: Industry players | MorungExpress | morungexpress.com

Thursday, 29 August 2024

Revealed: Top 5 Office Colours for Enhanced Workplace Success

Selecting the right colours for an office is vital. Colour can affect the mood, productivity, and well-being of employees. The appropriate colour palette can boost morale, reduce stress, enhance focus, and contribute to a positive atmosphere. Additionally, colour is a key way for businesses to showcase their brand and leave a positive first impression on clients.

To support businesses in finding the best colour to enhance their space, Studio Alliance office design experts have pulled together tips for businesses to consider when selecting a workspace colour theme as well as suggestions on the best colours for a more successful workplace.

4 Key Considerations for Businesses Choosing an Office Colour Scheme
  • Functionality First: Align the colour with the purpose of the space – calming tones for focus, energetic colours for creativity.
  • Light and Size Matters: Consider natural light and room size; lighter colours for spaciousness and openness, darker for coziness.
  • Brand Identity: Reflect corporate branding to enhance recognition and create a cohesive visual identity.
  • Employee Preferences: Include employee feedback to ensure the colour choice resonates with the people working in the space, promoting a more comfortable and productive environment.
“There is no one right way when designing colour in offices. Every space is unique, every client is unique. But the general trend is to back away from the use of corporate colours – they are all around us in our daily work – from documents, computer screens or promotional items.” Erika Bohatá, Senior Architect, CAPEXUS on of Studio Alliance’s members.

The 5 Best Colours to Enhance Your WorkspaceSage Green: Sage green is an excellent choice for an office/workspace due to its calming and soothing properties. This muted green hue is reminiscent of nature and is associated with tranquillity and balance. Its earthy undertones create a serene atmosphere, promoting a sense of calmness that can help reduce stress and enhance concentration. 
  1. Sage green is also known to symbolize growth and renewal, making it a positive and refreshing colour choice for a productive workspace.
  2. Light Blue: Light blue is a popular colour for offices as it promotes a sense of calm and stability. This shade of blue is known for its calming effects on the mind, helping to reduce stress and anxiety. It is often associated with clear skies and peaceful oceans, creating a serene backdrop for focused work. Light blue is also linked to feelings of trust and reliability, fostering a sense of security in the workplace. Incorporating this colour into your office can contribute to a harmonious and balanced environment.
  3. Soft Grey: Soft grey is a versatile and sophisticated colour choice for an office, promoting a calm and neutral atmosphere. This neutral shade allows for easy pairing with other colours and provides a timeless backdrop that doesn’t overwhelm the senses. Gray is associated with balance and focus, making it an ideal choice for a workspace where concentration is essential. It also symbolizes a sense of composure and can create a professional and calming environment.
  4. Pale Yellow: Pale yellow is a gentle and uplifting colour that can bring a sense of warmth and positivity to an office or workspace. This soft hue is associated with happiness and optimism, making it an excellent choice for creating a cheerful atmosphere. Pale yellow can help stimulate creativity and foster a sense of energy without being overly stimulating. It symbolizes clarity of thought and a sunny disposition, contributing to a space that feels inviting and comfortable. Incorporating pale yellow into your office can enhance the overall ambiance, promoting a balance between calmness and a positive work environment.
  5. Muted Lavender: Muted lavender is a subtle and elegant colour that adds a touch of warmth and serenity to an office. This soft purple hue is known for its calming and soothing properties, making it an excellent choice for a workspace. Lavender is often associated with relaxation and mindfulness, creating a pleasant environment for concentration and creativity. This colour can also symbolize introspection and balance, contributing to a harmonious and calming workspace Revealed: Top 5 Office Colours for Enhanced Workplace Success

Wednesday, 21 August 2024

Mental Health Awareness Month: Managing Workplace Stressors


By Doctor Julia Lyons, Principal Counselling Psychologist at Onebright

In light of Mental Health Awareness Month, it’s crucial to address the stresses of modern life, particularly those stemming from the workplace. Pressures at work are a part of life, regardless of age, experience or job title, and it’s not necessarily negative. Manageable pressure can be motivating and lead to increased productivity. However, when pressure is sustained and unmanageable it can lead to stress. In the UK, nearly a third of adults report feeling stressed more than 10 days a month.

Understanding your brain’s response

Your brain is equipped with a built-in alarm system designed for your protection. When it detects a threat, it triggers your body to release hormones that quicken your heart rate and elevate your blood pressure. This “fight, flight or freeze” response prepares you to confront the threat effectively. However, once the danger has passed, your body should ideally return to a calm, relaxed state. Yet, due to the relentless challenges and demands of contemporary life, many people find that their alarm systems seldom deactivate.

The long-term impact of stress

Continuously increased stress levels can negatively impact your mental well-being. If left unchecked and unmanaged without any active strategies to lower stress levels over a significant period, it can affect happiness, quality of life and, eventually turn into more serious mental health concerns. Stress and work, combined, can manifest in various ways and differ for each individual but these are some to look out for

Work Performance
  • Performance issues and notable declines or inconsistencies in work
  • Mistakes and errors arising in work outputs
  • Diminished motivation and commitment
  • Frequent forgetfulness
Conflict and Emotional 
  • SignsMood shifts and irritability
  • Over-reactions to minor issues
  • Difficulty in getting along with colleagues
  • Decreased social interaction
  • Frequent absences
  • Arriving late to work
  • Increased criticism of colleagues
Physical Manifestations
  • Difficulty in relaxing and defining boundaries between personal and work life
  • Neglecting personal appearance and hygiene
  • Fatigue and persistent tiredness
  • Headaches related to work tensions
Long-term impact on health

The importance of managing stress is reflected in research which shows that acute and prolonged stress can cause long-term harm due to high levels of cortisol, a biomarker produced when in stress. Prolonged cortisol levels and chronically stressed individuals face the risk of damage to brain chemistry and structure resulting in poor memory, attention and executive functioning. Other research has also shown that stress can also increase the chances of developing neurodegenerative diseases such as dementia and Alzheimer’s in later years.

Strategies for managing stress

As such, stress management is not only key for effective workplace functioning but also as a part of overall well-being and healthy lifestyles. The list below provides various strategies and solutions to incorporate small changes which can have a positive impact on coping with stress at work:
  • Detach Psychologically from Work: Dedicate time daily to engage in activities unrelated to work (like video games, reading, or cooking) to mentally disconnect and facilitate relaxation.
  • Utilise Micro-Breaks: Schedule brief, frequent breaks during the workday to stretch, hydrate, or have a quick social interaction, which can help rejuvenate your focus and energy.
  • Choose Preferred Recovery Activities: Opt for activities that genuinely interest you during breaks or downtime, whether it’s a solo hobby or relaxing in a way that suits you, to maximise the benefits of recovery.
  • Engage in High-Energy Recovery Activities: Participate in activities that require more dedication and focus, such as exercise, learning new skills, or volunteering. These can replenish your energy and improve your work performance after recovery.
  • Optimise Your Environment: Enhance your workplace with elements of nature, open windows for fresh air, take walks in nearby parks, or use nature imagery to boost recovery and reduce stress.
  • Incorporating Meditation: Regular meditation can reduce cortisol levels by 25%, limit mind wandering, and be more aware of your well-being.
  • Nutrition for Brain Health: Include brain foods in your diet such as proteins, Omega-3 fatty acids, B vitamins, and Vitamin D for optimal brain functioning.
  • Adequate Sleep: Ensure sufficient sleep to restore brain health and reduce stress.
Effective stress management enables you to reduce the impact stress has on your life, allowing you to lead a happier, healthier, and more productive existence. The ultimate aim is to achieve a balanced lifestyle, with ample time dedicated to work, relationships, relaxation, and personal interests, as well as the resilience to withstand pressure and tackle challenges at work directly. However, stress management is not a universal solution; it varies from person to person. That’s why it’s crucial to experiment and discover what methods are most effective for you. It is imperative to note that if you’ve tried these self-help techniques and they haven’t been effective and that you have been feeling stressed or stuck in the ‘fight, flight or freeze’ response mode for a prolonged time, consider consulting your GP or a therapist. Your doctor can suggest additional coping strategies or recommend cognitive behavioural therapy to manage your stress levels better. Mental Health Awareness Month: Managing Workplace Stressors

Friday, 16 August 2024

Global beauty trends: Understanding consumer choices

05 Aug 2024 --- The cosmetics industry is evolving, driven by technological advancements, environmental awareness and changing consumer preferences. Global factors like sustainability, inclusivity and demand for personalized experiences are shaping the beauty landscape.

Each year, through extensive 360 research, Innova Market Insights releases the Top 10 Trends for the upcoming year. Innova considers various trend drivers, along with consumer trends and in-depth tracking of beauty product launches — including categories, product features, ingredients and on-package claims — to predict the new trajectories of the global cosmetics market.

Trend #1: Skinifying Beauty

Global beauty trends research shows that consumers are seeking added value from ingredients. Notably, 67% of consumers globally prefer makeup products with added skin care benefits. This trend underscores the consumer priority for functionality and performance. Globally, there has been a 32% rise in beauty launches with common skin care actives over the past five years. Among these, ceramides have gained significant popularity due to their benefits, driven by consumer demand and brand innovations.

Brands are tapping into “skinification” and also highlighting ceramides in their beauty products. For instance, MAC’s new serum-powered foundation highlights 33 skin care ingredients and Maybelline New York lash sensational sky-high tinted primer features ceramide.

Trend #2: Multitasking Marvels

Global beauty trends research into the cosmetics industry reveals that consumers are looking for less time consuming makeup routines. Some 45% of consumers globally say that they use 1–3 makeup products in their makeup routine. The minimalism trend has gained popularity due to social media and the desire to manage makeup expenses. This trend is evolving to include multifunctional makeup products for quicker, hassle-free routines.

The “Multitasking Marvels” trend highlights that brands are developing multifunctional products in cosmetics to align with minimalist routines, which has led to 11% growth in multifunctional products. Hybrid launches featuring SPF protection, like Shiseido’s Revitalessence Skin Glow Foundation SPF 30 PA++ and Elizabeth Arden's 8 Hour Cream Lip Protectant Stick SPF 15, demonstrate this trend. Brands can watch out for the growing interest in multitasking products like lip, cheek and eye tints in the hybrid makeup wave.

Global consumers increasingly seek added value from ingredients, notably skin care benefits.

Trend #3: Ethical Aesthetics

In recent years, consumers have become more conscious of the environment, preferring sustainable options without compromising on the aesthetic appeal of the product. Some 78% of Gen Z and Millennials consider packaging an important factor when buying makeup. The trend “Ethical Aesthetics” highlights that consumers seek both sustainability and well-designed aesthetics in cosmetics packaging.

Global beauty trends research indicates that the majority of younger consumers are swayed by social media profiles and influencers. Aesthetic social media posts encourage new attractive and sustainable product designs. To cater to this demand, several brands are highlighting their commitment to the environment through ethical packaging.

For example, Chanel No. 1 Red Camellia Complexion Beautifier Foundation features a low carbon footprint, while Bareminerals Original Mineral Veil Loose Setting Powder highlights plastic-free packaging.

In the global beauty market, consumers also look for products that are cruelty-free, sustainably packaged, recyclable and available in limited editions. This trend signifies a growing demand for cosmetics that align with both ethical values and aesthetic appeal.

Trend #4: Gen Z: The Gamechangers

Gen Zs are experimenting and bringing changes into the cosmetics industry. Some 52% of Gen Z consumers are willing to try out new makeup products, highlighting them as key trendsetters in the global beauty market. This trend highlights how Gen Z is advocating for transparency in brand ethics and creating social media-fueled trends. Gen Z displays a high interest in experimenting with makeup products, such as menthol formulas for plumping, liquid eyeshadow formats and liquid blushes with sponge applicators.

Social media platforms like TikTok play a significant role in capturing Gen Z’s interest, with microtrends sparking their curiosity and driving product exploration. Gen Zs are expecting brands to maintain high levels of transparency, featuring authentic sustainable certifications and non-animal tested formulations without harmful toxins. Brands can capitalize on this trend by highlighting their sustainable certifications and transparent practices via product communication.

Trend #5: Collaborative Crossovers

In the global beauty market, brands are experimenting and breaking boundaries. The “Collaborative Crossovers” trend highlights brands coming up with interesting collaborations with streaming platforms, which include TV shows, celebrities and the food and beverage industry. Brands are trying to engage with consumers through art, clothing brands, films and series.

For instance, Revolution Beauty recently launched a range of cosmetics to celebrate the 20th anniversary of the film Elf. Similarly, Lancôme's collaboration with Le Louvre blends art and beauty. Top streaming platform shows also inspire makeup collaborations, while food-inspired makeup is trending as well. Taste Beauty collaborates with food brands to launch fun, youth-oriented makeup products. This trend highlights the brand’s diverse ways to engage with consumers by tapping into popular culture and creative partnerships.

Social media and affordability are driving the minimalism trend in cosmetics.

Trend #6: Age of Localization

This trend highlights consumers’ loyalty toward local brands. Globally, 18% of consumers associate sustainable beauty with buying local products. This trend shows that local brands are in tune with their country's demographics, catering more directly to these specific consumers.

Local beauty trends are developing uniquely by country. In South Korea, caramel blush shades and feathered eyelashes for a youthful makeup look are rising. Meanwhile, in China, there is a growing trend of incorporating traditional Chinese medicine and fermented ingredients, such as ginseng, into beauty products. This indicates how local brands are diversifying and catering to specific consumer needs.

Companies can build consumer excitement about trying local cosmetic products by emphasizing “vocal for local” campaigns. This approach not only meets the demand for sustainable beauty but also builds a deeper connection between brands and their regional audiences.
Trend #7: Blurring the Gender Lines

Gender-based barriers in the global beauty market have been weakening over the past few years. The “Blurring the Gender Lines” trend displays the widespread concern for gender inclusivity, which has pushed cosmetics companies to introduce more gender-neutral and inclusive products. Some 53% of consumers globally think that beauty products should be gender-neutral. This shift is reflected in the significant 89% rise in male cosmetics launches over the past five years, indicating increased usage and interest in makeup among male consumers.

As a result, new beauty product launches are featuring gender-neutral claims. Overall, this trend underscores the cosmetics industry’s commitment to reflecting diverse identities and fostering an inclusive beauty landscape.
Trend #8: Starstruck

Global beauty trends research displays that nearly 1 in 5 Gen Z and Millennials find celebrity, influencer brands and endorsements appealing. This trend reveals how celebrities and influencers are launching their own beauty brands by leveraging their established fanbases.

Lady Gaga’s Haus Labs and Katrina Kaif’s Kay Beauty display celebrities capitalizing on their existing popularity. Their strong consumer base and active social media presence are key drivers behind their popularity. Beauty brands can collaborate with social media influencers to drive consumer interest and product popularity.

Planetary health remains top of mind for consumers, bringing responsible packaging into focus.

Trend #9: Powders to Pixels

Global beauty trends research shows that the cosmetic industry is using AI tools to enhance their products. Consumer demand for higher efficiency and personalization has led to the emergence of AI and machine learning in cosmetics innovation. Brands like Dcphyer are leveraging AI-powered tools to create customized face cosmetics tailored to individual skin tones and textures.

Simultaneously, beauty brands are exploring the metaverse, integrating gamified experiences with reward points and other privileges to promote their products in interactive ways. As technology continues to evolve, the integration of AI and immersive digital experiences is likely to redefine brand-consumer interactions, paving the way for even more interactive solutions.

Trend #10: Future Nostalgia

Consumers are experiencing nostalgia for beauty trends, fueled by the rise of microtrends on social media platforms like TikTok. Global beauty trends research highlights that Gen Zs are reclaiming past trends from the 1990s or 2000s with a modern twist.

The resurgence of Y2K makeup looks, which began in mid-2022, has evolved into a significant trend across social media. This is driven by nostalgic inspiration from Barbie, grunge, chrome and choco makeup, highlighting a unique blend of past and present makeup styles. The ongoing combination of nostalgic and modern elements is likely to make beauty trends dynamic and constantly evolving.This article is based on the Innova Market Insights report “Top 10 Trends 2024 - Beauty – Global.” Global beauty trends: Understanding consumer choices

Wednesday, 7 August 2024

Huge Return-to-office Gains For Employers Offering Family Support, Finds New Report


Workplace solutions provider, Bright Horizons’ annual Work + Family Snapshot reveals how savvy employers are encouraging employees back into the workplace.

A survey of over 1,800 working parents who have access to Bright Horizons’ family support solutions through their employers, including sponsored nursery and back-up care, found:
  • 53% saw their hours at the office increase in the past year
  • 65% now report working more than half of their time in a central workplace
  • 76% of those with increased office working said they had upped their childcare as a result – with gender disparities (74% men vs 78% women)
  • 85% said employer-sponsored childcare helps them attend a place of work and 4 in 5 say the care enhances productivity
  • 9 in 10 say employer-sponsored childcare made it easier to return to work after the birth or adoption of a child
Crucially, the report revealed notable differences when compared side-by-side with working parents who don’t have access to family supports through their employer. Comparison with Bright Horizons’ previous survey of 3,000 random UK working parents, the 2024 Modern Families Index, showed those with access to employer-sponsored care rate their employer 20 percentage points more supportive of family.

Childcare is an established concern for working parents, and the same UK population study raised further alarm bells by revealing 42% are looking for new employment – with family support high on their wish list and affordability, accessibility and reliability of care all known challenges.

However, advice from Bright Horizons is to ensure care provision is inclusive, with evidence that elder care responsibilities and pet care are also taking a toll.

Jennifer Liston-Smith, Head of Thought Leadership at Bright Horizons comments: “As business focus scans across wellbeing to productivity, and the trend for more in-person collaboration continues, the smartest employers are ensuring they prioritise family care. Those employers that remove the barriers differentiate themselves in employee experience as well as productivity.

“Reassuringly, we can see that by providing employees with access to meaningful and inclusive family supports, all parties can enjoy the benefits of all ways of working, including being together face-to-face. Employees with access to family support report higher levels of productivity, enhanced performance and improved employee wellbeing, engagement and retention.

“This report shows the business case is clear and family-inclusive employers who partner with Bright Horizons are held in much higher regard by their employees than those of the wider population. Our clients are some of the UK’s most forward-thinking organisations when it comes to implementing truly inclusive policies.

“The world has changed, and employers must move to support their employees’ evolving needs if they want to continue to attract, recruit and retain talent.” Download the full report at https://solutions.brighthorizons.co.uk/resources/research/uk-work-family-snapshot-2024?utm_source=PRAgency&utm_medium=PressRelease&utm_campaign=WFSnapshotJun24 Huge Return-to-office Gains For Employers Offering Family Support, Finds New Report - HR News