Mastercard CEO Ajay Banga says “DQ” is as important as IQ or EQ.
A few years ago, Ajay Banga, president and CEO of Mastercard, was searching for a concise way to describe his approach to community outreach and other social impact initiatives. Employees, he says, were constantly asking him what criteria he applied when, say, deciding to send supplies and volunteers in the wake of the hurricanes in Houston and Puerto Rico. At one town hall he blurted out the term “DQ,” short for “decency quotient.” The term stuck.Continue reading ““Decency quotient”: How this CEO frames inclusive capitalism for his company”
Ask any leader whether his or her organization values collaboration, and you’ll get a resounding yes. Ask whether the firm’s strategies to increase collaboration have been successful, and you’ll probably receive a different answer.
“No change seems to stick or to produce what we expected,” an executive at a large pharmaceutical company recently told me. Most of the dozens of leaders I’ve interviewed on the subject report similar feelings of frustration: So much hope and effort, so little to show for it.
One problem is that leaders think about collaboration too narrowly: as a value to cultivate but not a skill to teach. Businesses have tried increasing it through various methods, from open offices to naming it an official corporate goal. While many of these approaches yield progress—mainly by creating opportunities for collaboration or demonstrating institutional support for it—they all try to influence employees through superficial or heavy-handed means, and research has shown that none of them reliably delivers truly robust collaboration.Continue reading “Cracking the Code of Sustained Collaboration”
I agree with Brandon that in discussing things we should not limit ourselves to thinking in terms of states. We must consider, as Brandon puts it, both supra and sub states. We must also recall that states are much more fluid than we usually consider them.
When discussing international relations I attempt to get my conversation partners to agree that:
(1) National borders are not stable and,
(2) National identity is more fiction than reality.Continue reading “What is a nation?”
Diversity is multifaceted in my view. It includes gender, age, cultural background, knowledge and skillset. Diversity is about having different ideas, perspectives and approaches. However, diversity is only the first step and will not on its own provide results. Inclusion is where the magic starts to happen.
Diversity and inclusion are important to me. It is on a personal and professional level.
I am a father of three kids, two girls and a boy. I want them to grow up in a world and society where there is not only equal opportunity regardless of background or gender, but that diversity is valued and strived for. I was born in Iran and raised in Sweden. For many years I struggled in Sweden with my identity and to try to fit in. I tried to be like everyone else. Over time I have come to appreciate the perspective that my original culture has given me. Being born in one country, raised in another, and travelling the world has allowed me to understand the importance of perspectives — the more diverse, the better.Continue reading “Diversity and inclusion are a necessity, not a nicety”
From the riffs of outrage coming from the Democrats and their demos over “our democracy” betrayed, infiltrated even destroyed—you’d never know that a rich vein of thinking in opposition to democracy runs through Western intellectual thought, and that those familiar with it would be tempted to say “good riddance.”
Voicing opposition to democracy is just not done in politically polite circles, conservative and liberal alike.
For this reason, the Mises Institute’s Circle in Seattle, an annual gathering, represented a break from the pack.
The Mises Institute is the foremost think tank working to advance free-market economics from the perspective of the Austrian School of Economics. It is devoted to peace, prosperity, and private property, implicit in which is the demotion of raw democracy, the state, and its welfare-warfare machine.
This year, amid presentations that explained “Why American Democracy Fails,” it fell to me to speak to “How Democracy Made Us Dumb.” (Oh yes! Reality on the ground was not candy-coated.)Continue reading “How Democracy Made Us Dumb”
- Leader of the Lion City has criticised the Hong Kong protesters, saying they were trying to ‘humiliate’ the government rather than solve problems
- He also admitted his own country was not immune to the forces of ‘deep social angst’ sweeping various places across the globe
A video of Singapore Prime Minister Lee Hsien Loong saying his country would be “finished” if it were hit by Hong Kong-style protests has gone viral in mainland China, prompting social media users to praise the Lion City’s strong governance.
Lee had told a union event on Tuesday that populist movements were growing in various places across the world – from the United States and France to Hong Kong, where anti-government protests have entered their 19th week – and he refused to dismiss the possibility of similar divisions appearing in his own country.Continue reading “Singapore’s Lee Hsien Loong a social media hero in China for Hong Kong protest comments”