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1. Prioritize Employee Safety: Prepare and educate your team for extreme conditions. Example: Piece of Cake hosts pre-summer meetings to train movers on heat illness signs and hydration, ensuring regular breaks.
2. Invest in Practical Resources: Provide necessary tools to maintain comfort and efficiency. Example: Piece of Cake supplies fresh T-shirts and keeps refrigerators stocked with water and Gatorade for its crews.
By Nick Hawkins | JUL 31, 2024
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INC – Joe Gebbia emphasizes the importance of clear communication, shared values, and mutual respect when choosing a co-founder. He advocates for discussing long-term goals, strengths, and weaknesses early in the partnership. Regular, honest conversations help to align visions and maintain a healthy working relationship. Gebbia also highlights the value of diverse skill sets and perspectives, suggesting that complementing each other’s abilities can drive innovation and success.
By CHRISTINE LAGORIO-CHAFKIN | JUN 20, 2024
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Joann, a crafts and fabrics retailer with a history spanning 80 years, announced the closure of all 800 of its stores across 49 states. This decision stems from ongoing financial struggles and low sales, affecting 19,000 employees, of whom 15,600 are part-time. The company filed for bankruptcy in March 2024, reporting debts between $1 billion and $10 billion. Following a failed attempt to find a buyer, the financial services firm GA Group won the auction for Joann’s assets and decided to completely shut down operations. Going-out-of-business sales commenced immediately, with store closure timelines still to be announced.
Crafters and designers expressed their dismay on social media, highlighting the emotional impact of losing a vital resource for their creative endeavors. Affected individuals shared sentiments about the lack of community and inspiration in the wake of Joann’s closure. Joann’s leadership stated that they made every effort to secure a favorable outcome to keep the company operating, demonstrating that even long-standing businesses can face insurmountable challenges in the current retail landscape.
By Sherin Shibu | FEB 24, 2025
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FORBES – Managers can significantly reduce hiring time by streamlining processes and leveraging technology. Simplifying job descriptions and application procedures attracts the right candidates quickly. Using automated screening tools and structured interviews enhances efficiency and consistency. Delegating specific hiring tasks to team members ensures a smooth and swift process. Additionally, maintaining a talent pipeline allows for quicker recruitment when positions become available. Regularly reviewing and refining the hiring strategy ensures it remains effective and responsive to organizational needs.
By Roberta Matuson | JUN 19, 2024