See the startups on track to become unicorns

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You've fired someone. Here's how to talk to your team | Why and how to link compensation with employee growth | Companies keep asking everyone to do more with less

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April 20, 2022

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Getting Ahead

You've fired someone. Here's how to talk to your team After firing someone, meet with your team to realign their responsibilities, talk through their feelings and restore a sense of connection to each other, writes Liz Kislik. "And if you need to replace people or bring in new talent, make a point of sharing with the new hires all the strategy, plans, cultural norms, and behaviors that you've shared with the rest of the team to ensure that the new folks get off on the right foot," Kislik writes. Full Story: Liz Kislik Associates (4/19)

Why and how to link compensation with employee growth Employers should link compensation to personal development, creating regular and transparent opportunities for discussions around salary, benefits and career growth, writes Boyd Davis, CEO of Compright. "Deeply tying employee growth to total compensation and communicating openly about goals will equip managers to put development plans into the proper corporate context," Davis writes. Full Story: Training magazine (4/12)

Companies keep asking everyone to do more with less Even before the pandemic, lean corporate structures meant more and more duties and responsibilities were being pushed onto fewer people, a situation that increases employee stress and turnover, writes Anne Helen Petersen. "We've reached a point of diminishing returns when it comes to productivity, creativity, concentration, cooperation, plus all of the other skills we try to cultivate alongside the labor we do for pay," Petersen writes. Full Story: Substack/Culture Study (4/17)

Founder goes from "five no's" to endless yeses

Latham gives US President George W. Bush a tour of Thermagon in 2004. (Stephen Jaffe/AFP via Getty Images)

Carol Latham, who left British Petroleum in the 1990s to start silicon-chip-cooling-tech company Thermagon, shares how she survived what she calls "the five no's" -- No products. No employees. No customers. No physical facility. No money. -- to become successful. Her key advice: Don't stress over titles, be cautious about ulterior motives and move forward with confidence. Full Story: Women of Influence (Canada) (4/19)

	Just the Facts, Ma'am "I stopped watching TV news a year ago, so sick of the bias everywhere. But in doing so, I was out of the loop. I decided to give 1440 a try & I've not been disappointed. Finally, Walter Cronkite style reporting! Just the facts. I also love that I can click a link to see more on many stories. Keep up the good work!" Join for free now.

The Landscape

See the startups on track to become unicorns

(Bertrand Guay/Getty Images)

Crunchbase News has released a list of 300 startups could be on their way to unicorn status, reaching at least $1 billion in value. Among the companies that have become unicorns in 2022 include London-based finance platform Stenn, California-based reality display company DigiLens, Tel Aviv-based cloud security firm Coronet, Boston-based contract management platform LinkSquares and San Francisco-based Parallel Finance. Full Story: Crunchbase (4/19)

Business travel is back? High prices won't help Business travel is bouncing back, but a full recovery likely won't happen until at least 2023, according to reports from Deloitte and the American Hotel & Lodging Association. However, airline prices have already exceeded pre-pandemic levels, with Deloitte noting that price "is one of the few travel-deterring factors that saw an increase in significance from 2021 to 2022." Full Story: Deloitte (4/18), BNN Bloomberg (Canada) (4/19), Airline Weekly (4/18)

Your Next Challenge

Author outlines what makes women great leaders

Mary Ann Sieghart (Future)

Mary Ann Sieghart, author of "The Authority Gap," writes about the dynamics of leadership by women and says confidence shouldn't be confused with competence. "We tend to assume a man knows what he's talking about until he proves otherwise," she says. "Whereas for a woman, it's all too often the other way round." Full Story: woman&home (4/19)

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The Water Cooler

Austin, Texas, was weird and great for dating

(Bloomberg/Getty Images)

You've likely heard that Austin, Texas' unofficial motto is "Keep Austin Weird." But an analysis by Sperling's Best Places suggests the city may need to change its slogan to "Austin is for Lovers" (sorry Virginia). Austin, Colorado Springs, Colo., San Diego, Calif., Raleigh, N.C., and Seattle were named the top five cities for dating. The analysis was not kind to the Midwest, though, as Kansas City, Mo., Wichita, Kan., Minneapolis, Minn., Detroit and Louisville, Ky., were considered the top five worst cities for dating. Full Story: KXAN-TV (Austin, Texas) (4/19)

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