As the world moves faster and with more complexity, leaders face pressure to be both technically advanced in their specific area and also able to think and operate at an increasing enterprise level. Functional leadership helps leaders in key functional areas of a company – such as marketing, finance, human resources or operations – improve and develop expertise in that function while also understanding how the pieces fit together in the entire organization.
The Federal Reserve on Wednesday announced another interest rate cut of 0.25%, taking the target range to 4.25%-4.50%, a full 1% lower since September. Two more 0.25% cuts are on the table for 2025, with the Fed eyeing a policy rate of 3.75%-4% by year-end. Chair Jerome Powell emphasized a more cautious approach to rate cuts going forward, emphasizing his view that the current Fed funds rate properly balances the Fed’s dual mandate of maximum employment and stable prices.
Themed advertisements have long been a staple of the holiday season, with roots in the 1930s and Coca-Cola’s use of Santa Claus sporting the company’s main color in the Saturday Evening Post. With the rise of television in the mid-20th century, holiday broadcast ads gained popularity and left lasting impressions. When USA Today published its list of memorable Christmas commercials in December 2023, it included spots from five different decades.
As AI-powered industries barrel headlong into an unknown future, the University of Virginia Darden School of Business is grappling with the many implications of AI’s peril and promise. At the recent conference hosted by the LaCross Institute for Ethical Artificial Intelligence inBusiness, speakers from academia, government and industry sought to make sense of the once-in-a-generation technological marvel and the extraordinary ethical complications.
Vox Names Darden’s Anton Korinek to ‘Future Perfect 50’ List
Scott Beardsley Reappointed to 3rd Term as Dean of UVA Darden
UVA Darden Soars to No. 5 Overall in Poets & Quants MBA Ranking; Retains Spot as Nation’s Top Public B-School
With stakeholder capitalism pioneers Schwab, Dimon, and Fink nearing retirement, who will carry the torch forward?
Unfair decisions by AI could make us indifferent to bad behavior by humans