A recent study featured in Harvard Business Review explores how more women can get to the top. The feature's author Evelyn Orr of the Korn Ferry Institute explains what interviewing 57 female CEOs unveiled about the gender gap.
"We were shocked to learn that two-thirds of the women we interviewed didn't view themselves as CEO material," says Evelyn Orr VP and COO at the Korn Ferry Institute. Orr explains ways companies can build women in the pipeline for the CEO level. "I think the key for companies is to identify high potential talent early," says Orr.
This week, Tina Smith was sworn in as a junior Senator for Minnesota, replacing Al Franken. This marks a record number of 22 senators. "It is showing slow and steady progress," says Orr. "It's important that we normalize female leadership."
Shutterstock said Tuesday it’s buying Giphy from Meta Platforms for $53 million, the final step to unwind the deal blocked by British regulators, who prevented the Facebook owner from purchasing the GIF-sharing platform over competition concerns.
Century 21 was a long-time staple for bargain shopping in Manhattan when it went belly up in 2020 at the height of the COVID-19 pandemic. Now, as of last week, the store has reopened and some locals see it as a sign of an economic recovery in New York City.
Paramount Global is set to absorb Showtime into Paramount+, creating a single streaming option to compete with the likes of Netflix and Warner Bros. Discovery’s Max. The company also plans to raise the monthly price from $9.99 to $11.99 per month after the integration.