If you want flexibility, transparency, and decent health policies, it seems like working in tech pays off.
- The website Glassdoor has released their rankings of the top CEOs and companies to work for during the pandemic.
- The rankings were based on a study of reviews placed on their website by employees which mentioned COVID or CEO performence.
- The study isn't quite definitive, but offers an insight into what employees want during times of crisis.
How to succeed in business when times are very trying:<p>The <a href="https://www.glassdoor.com/research/highest-rated-ceos-coronavirus/" target="_blank">survey</a> considered recently submitted reviews about working for large companies that also included assessments of their leadership. Only reviews left between March 1<sup>st</sup> and July 31<sup>st</sup>, 2020, were considered, with particular attention paid to high-quality reviews that focused on leadership's actions during the pandemic. Using these reviews, a scoring system was created to rank the companies and order them.</p> <p>A quick review of the top companies shows about a third of them are in <a href="https://www.techrepublic.com/article/glassdoor-the-top-8-tech-ceos-during-covid-19/" target="_blank">tech</a>, with representatives from the world of finance, health care, and insurance also making appearances. Among the top-scoring companies was Zoom Communications and its CEO Eric Yuan, the company behind the video calling application that many people have recently turned to. The highest scoring company was Mercury Systems, an aerospace and defense technology company, and its CEO <a href="https://finance.yahoo.com/news/glassdoor-names-mercury-ceo-mark-131500203.html" target="_blank" rel="noopener noreferrer">Mark Aslett</a>. </p><p>Few, if any, of the CEOs on the list are well known to the casual reader. The most famous is undoubtedly Mark Zuckerberg, who came in eighth on the list of UK employers. Only one woman made the list at all, perhaps reflecting the low percentage of large companies helmed by <a href="https://econlife.com/2020/02/fewer-female-ceos-2/" target="_blank" rel="noopener noreferrer">women</a>. Likewise, only a handful of non-white men were to be found either, likely for similar <a href="https://247wallst.com/investing/2020/07/07/only-11-of-sp-500-companies-have-ceos-of-color-and-it-gets-worse/" target="_blank" rel="noopener noreferrer">reasons</a>. </p><p>In an interview with <a href="https://www.bloomberg.com/news/videos/2020-09-17/eight-tech-execs-one-woman-on-top-ceo-list-video" target="_blank" rel="noopener noreferrer">Bloomberg</a>, Glassdoor's Chief Economist Andrew Chamberlain explained that the reviews suggest that many of the top-rated companies shared "clear and transparent communication with employees about what is going on during a pandemic, second, providing flexibility, work from home, giving workers the tools they need to keep doing their jobs, and third polices that support (the) health and safety of employees first." <strong></strong></p><p>A glance at the reviews used to compile the study endorses this view, with many explicitly praising commitments to transparency and flexibility. </p>
And now, the grains of salt:<iframe width="730" height="430" src="https://www.youtube.com/embed/iMM3zxVoGZc" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe><p>This survey considered only companies with more than 1000 employees at the end of the review period, leaving out any excellently run, but smaller, operations. Of these larger enterprises, only those with more than 50 upper management (25 for firms based in the UK) were analyzed. Reviews made by interns were not counted towards this minimum. Companies that performed well, but with employees who didn't feel the need to write reviews of their employer on the internet, were left out of the running.</p><p>Despite these limitations, the study does offer an insight into what employees wanted from corporate leadership during the pandemic and who could provide it. Companies hoping to do better during the next public health crisis would do well to consider the choices made by these executives. Those looking for greener pastures might also consider applying to work at these places. </p>
Big Think co-founder and CEO Victoria Brown breaks down the process of transitioning from founder to boss in her new book, Digital Goddess.
- In her forthcoming book, Digital Goddess: The Unfiltered Lessons of a Female Entrepreneur, Big Think's founder and CEO, Victoria Montgomery Brown, discusses the challenges of transitioning from founder to boss.
- Part of the problem is that women may think they need to act like men in order to be successful.
- Brown offers four pieces of solid advice to not only survive but thrive on the way to becoming a CEO.
Credit: Vicki Jauron, Babylon and Beyond Photography / Getty Images<h3>Nurture your business</h3><p>As Brown writes, women tend to be nurturers—a positive attribute for growing a business. In fact, female-led private tech startups have a <a href="https://www.forbes.com/sites/allysonkapin/2019/01/28/10-stats-that-build-the-case-for-investing-in-women-led-startups/#1daa8a3959d5" target="_blank" rel="noopener noreferrer dofollow">35 percent higher return on investment</a> than male-led companies. That fact could at least in part be due to a nurturing attitude.</p><p>Not that Brown always toed that line. She originally adopted a command and control attitude—the wrong approach. She thought it was what she was <em>supposed to do</em>. Modern businesses adopt a militarized language, one quite suited to the male competitive temperament. </p><p>Rising above competition doesn't require a slaughter. Some people are better at jiu jitsu than taekwondo; both have a place. Brown believes command and control might work in the short term, but she's not convinced it's a sustainable approach. </p><p style="margin-left: 20px;">"A business is not an army, and the concept of 'controlling' them will not get the best out of people." </p><p>In nurturing Big Think, Brown hired employees who shared the values of the company. As Simon Sinek recommends, she <a href="https://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action?language=en" target="_blank">started with why</a>, then found workers dedicated to that why. In the process, she found the best means for growing people's talent, not sticking them into a box and hoping they succeed.</p>
Video bonus: 8 Lessons I Learned the Hard Way So Other Entrepreneurs Don't Have To<a href="https://bit.ly/2B9sCDz" ><img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yMzU4MTU5OC9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYzODI5NTcwMX0.4j27ASQY7YJCbQvU6YP1rs2obh-Sl_qR2u6itbmSJpU/img.jpg?width=980" id="13ba9" class="rm-shortcode" data-rm-shortcode-id="9a12e19c3df8979516063f09b47fb2e2" data-rm-shortcode-name="rebelmouse-image" /></a><p>Get an exclusive online course with Big Think founder Victoria Montgomery Brown, only when you <a href="https://bit.ly/2B9sCDz" target="_blank" rel="dofollow">preorder the new book</a> <em>Digital Goddess: The Unfiltered Lessons of a Female Entrepreneur. </em><br></p>
Starting and running a business takes more than a good idea and the desire to not have a boss.
- Anyone can start a business and be an entrepreneur, but the reality is that most businesses will fail. Building something successful from the ground up takes hard work, passion, intelligence, and a network of people who are equally as smart and passionate as you are. It also requires the ability to accept and learn from your failures.
- In this video, entrepreneurs in various industries including 3D printing, fashion, hygiene, capital investments, aerospace, and biotechnology share what they've learned over the years about relationships, setting and attaining goals, growth, and what happens when things don't go according to plan.
- "People who start businesses for the exit, most of them will fail because there's just no true passion behind it," says Miki Agrawal, co-founder of THINX and TUSHY. A key point of Agrawal's advice is that if you can't see yourself in something for 10 years, you shouldn't do it.
Join Pulitzer Prize-winning reporter and best-selling author Charles Duhigg as he interviews Victoria Montgomery Brown, co-founder and CEO of Big Think.
Women today are founding more businesses than ever. In 2018, they made up 40% of new entrepreneurs, yet in that same year, they received just 2.2% of all venture capital investment. The playing field is off-balance. So what can women do?
Women and girls must be front and centre of coronavirus response and recovery.
Evidence shows that disease outbreak affects women and men differently, that pandemics exacerbate inequalities for girls and women, who are also often the hardest hit, and that women play an outsize role responding to crises, including as frontline healthcare and social workers, caregivers at home, and as mobilizers in their communities.