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Showing posts from February, 2020

How to Mend a Work Relationship: Workplace conflict

How to Mend a Work Relationship by  Brianna Barker Caza  ,  Mara Olekalns  and  Timothy J. Vogus February 14, 2020 Workplaces are communities, built around the relationships we have with our peers. When these relationships are strong, they can be a source of  energy ,  learning , and support. But when they fracture, even just temporarily, they become sources of frustration that  harm both people and organizations . Left unchecked, even a small conflict can  spiral  out of control, leading to anger and resentment. That’s why managers and employees need to be able to manage and rebound from these conflicts. We wanted to understand how relationships can be strengthened to avoid potential breakdowns, and the best ways to repair them when breakdowns occur. We reviewed about 300 studies, published in management and psychology in the last 15 years, focusing on workplace relationships, relationship transgressions, and relationship repair. Based on our review, we identified the fo

How to Succeed When You Have Big Shoes to Fill: Changing Jobs- Here are some good tips

How to Succeed When You Have Big Shoes to Fill Rebecca Zucker February 17, 2020 Starting any new job, whether it’s an internal promotion or a new opportunity at a different organization, can feel a bit nerve-wracking. It’s all that much more daunting when you have big shoes to fill. When Tim Cook took over for Steve Jobs in 2011, Apple employees — along with shareholders and the rest of the world — wondered if he could fill his larger-than-life predecessor’s shoes and maintain the company’s momentum. No pressure. While you likely won’t have the entire world watching you, taking over for someone who is highly regarded or has had a significant positive impact on the business — or likely, both — can be exciting and scary at the same time. The scary part is that, according to a  2018 McKinsey report , nearly half of all leadership transitions fail. The report also highlights that 74% of U.S. leaders and 83% of global leaders think they are unprepared for their new roles, and l

Novel Coronavirus, shipping and international trade: Force majeure

Novel Coronavirus, shipping and international trade Stephenson Harwood LLP next China ,  European Union ,  Global ,  Hong Kong ,  United Kingdom   January 31 2020 While little is known about the novel coronavirus, what is clear is that the global shipping industry will inevitably be affected as the virus spreads globally at alarming speed. It has been reported that cruise holidays have been affected and that cases of suspected novel coronavirus have been reported in commercial crew. The World Health Organisation has now declared the outbreak a Public Health Emergency of International Concern. We are already instructed in a matter where the suspension of a sales contract has resulted in the premature termination of shipping contracts. We are dealing with disputes over drafting of loan documentation to reflect the current situation, and we are seeing notices of force majeure that have been precipitated by the outbreak. The shipping and international trade industries shoul

Artificial Intelligence and Anti-trust: Trivago fined for bias pricing

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Cheap rooms? Probably not? Trivago’s top deals are hotels which pay the most Cordato Partners The Trivago website creates the impression that it quickly and easily identifies the cheapest available hotel room responding to a consumer’s search. Australia   January 31 2020 But is the impression a transparent comparison of rooms, or is it manipulated and false? The Federal Court of Australia has found that Trivago misled the public by promoting hotels as having cheapest rooms when it was true only 33.2% of the time. The Court will impose pecuniary penalties on Trivago for contravening the  Australian Consumer Law . The decision is  Australian Competition and Consumer Commission v Trivago N.V.  [2020] FCA 16  (20 January 2020) (Moshinsky J). In this article, we review the Court’s reasons as to how the Trivago website contravened the  Australian Consumer Law . The Trivago Business Model Trivago N.V. is a foreign company, incorporated in the Netherlands. It carries on busin