Tausi Insider

Opinions expressed by Entrepreneur contributors are their own. In September 2022, Patagonia founder Yvon Chouinard gave away his entire $3 billion company to ensure all of its profits would be used to combat climate change. The bold and generous decision represents a corporate shift toward environmental, social, and governance, better known as ESG. What is ESG? The term refers to increasingly important company standards in which decision-makers look not only at the company's balance sheet but also its environmental, social, and governance policies. ESG advocates say this approach helps safeguard the planet, paves the way for more diversity in the workplace, and protects fair wages. But ESG also makes good business sense. According to PWC, 80% of consumers make sustainability-based purchase choices, while 83% of buyers believe companies should actively shape ESG best practices. Because consumers are using their dollars to support responsible businesses, busi...

Elon Musk's Twitter has dissolved its Trust and Safety Council, the advisory group of nearly 100 independent civil, human rights and other organizations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform. Jeff Chiu/The Associated Press Elon Musk’s Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organizations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform. The council had been scheduled to meet with Twitter representatives Monday night. But Twitter informed the group via e-mail that it was disbanding it shortly before the meeting was to take place, according to multiple members. The council members, who provided images of the email from Twitter to The Associated Press, spoke on the condition of anonymity due to fears of retaliation. The e-mail ...

Opinions expressed by Entrepreneur contributors are their own. Any entrepreneur knows that a critical aspect of growing one's business and elevating your brand is to step up as a thought leader in your field. For instance, we've all marveled at the CEO who shares words of wisdom on LinkedIn or the icon names behind our favorite newsletters and podcasts. But when it comes time to build your credibility and find your audience, it may seem impossible to know where to start. Social media is crowded these days — how does anyone stand out from the crowd? Luckily, there are ways to ensure your voice is heard and stands out from the fray. Becoming a thought leader takes dedication and hard work, but it can be done with the right strategy and an honest approach. Read on for five crucial tips on becoming a go-to voice in your field. Related: 5 Tips for Using LinkedIn to Become a Bonafide Thought Leader Step 1: Develop your own voice Before beginning any other asp...

Courtney Robinson is the global head of financial inclusion for Block (formerly Square, Inc.) and Leslie Jackson is the head of policy for Block in Canada. When it comes to social-impact investing, forget about the minutia of spreadsheet “metrics” and focus on getting the most important and truest measure right – trust. In our opinion, trust is the most powerful and clarifying social-impact measure there is. This may seem like a naive, idealized statement, but prioritizing trust isn’t a leap of blind faith. Finding trust in the context of social-impact investing requires grit, rigour and a level of diligence and discipline that transcends typical business metrics and key performance indicators (KPIs). It can also be uncomfortable, frustrating and time-consuming. Related: Social-impact investing pays in more ways than one. Here are the keys to an effective investment Prioritizing trust in the context of metrics-obsessed corporate culture is not easy. But, in our experience administeri...

Twitter Inc. made further staff cuts in the trust and safety team handling global content moderation and in the unit related to hate speech and harassment, Bloomberg news reported on Saturday. At least a dozen more cuts on Friday night affected workers in the company’s Dublin and Singapore offices, the report said, citing people familiar with the matter. Those laid off at the social-media platform owned by Elon Musk include Nur Azhar Bin Ayob, a relatively recent hire as head of site integrity for the Asia-Pacific region, and Analuisa Dominguez, Twitter’s senior director of revenue policy, Bloomberg reported. Workers on teams handling policy on misinformation, global appeals and state media on the platform were also eliminated, the report added. Twitter’s vice-president of trust and safety, Ella Irwin, confirmed to Reuters that Twitter made some cuts in the trust and safety team on Friday night but did not give details. “We have thousands of people within Trust and Safety who work co...

Experts warn tools that allow employers to monitor how their employees spend their time while working from home could backfire by eroding trust. Elise Amendola/The Associated Press Employers and work-from-home staff must tread a fine line between trust, monitoring and micromanaging, experts say, in the new age of remote employment. Their comments come days after British Columbia’s Civil Resolution Tribunal ordered an accountant to pay her former employer more than $2,600 after tracking software showed she engaged in “time theft” while working at home. The worker had gone to the tribunal claiming she was fired without cause. Sandra Robinson, an organizational psychologist and professor in the Sauder School of Business at the University of British Columbia, says that offering flexibility to ensure a happy workforce is a key reason employers continue with remote or hybrid work arrangements, long after pandemic restrictions have lifted. Yet Robinson warns some tools that allow employers ...

At an international symposium on central bank independence in Sweden last week, Federal Reserve chair Jerome Powell had a simple message for the high-powered audience about what monetary policy makers should do to preserve their freedom from political meddling. “We should stick to our knitting,” Mr. Powell said. “It is essential that we stick to our statutory goals and authorities, and that we resist the temptation to broaden our scope to address other important social issues of the day. Taking on new goals, however worthy, without a clear statutory mandate, would undermine the case for our independence.” The mere existence of the event – organized by Sweden’s central bank and attended by a who’s who of monetary policy thinkers, including the heads of four G7 central banks – would have been hard to imagine a few years ago. Central bank independence was more or less a given, at least among the world’s advanced economies. But that independence is being challenged by critics and politic...