Bringing Diversity To The SPAC Boom | Parental Leave And Talent Retention | America's Top Management Consulting Firms

ADVERTISEMENT

Forbes Contributor Edward Segal this morning reported findings of The Harris Poll’s new report “The Great Awakening,” which cited that while CEOs played an important leadership role for their companies and the public through the challenges of 2020, they shouldn’t let up on the gas in 2021. The pandemic has redefined so many aspects of life and business, and 82% of global citizens surveyed by The Harris Poll with the Milken Institute said that “this is an opportunity for large companies to hit the ‘reset’ button and focus on doing right by their workers, customers, community and the environment.”

Indeed, this is a priority for all C-suite executives, and how they work together to accomplish major initiatives and goals to succeed in a changed world will be key. According to results of the 
Forbes CxO Growth Survey, CEOs, in particular, are most frequently collaborating with COOs and CFOs and want to work more with chief revenue officers and heads of sales, with a desire to articulate where to strategically invest in people and technology to drive desired growth. And critically, C-suite executives will need to work together to accomplish DEI priorities.

According to the 
Forbes survey, 93% of CxOs said their organizations have prioritized diversity, equity and inclusion efforts. But only 57% have established clear recruitment strategies to attract more diverse talent. We expect to see greater traction in that area as we move into this year and beyond. You can find more information and takeaways from the survey here, and be sure to check out our Forbes CxO Nexus interview series to watch conversations among pairings of C-suite executives on various topics related to growth, opportunities and the challenges ahead.

Have a great week.

Jenny Rooney

Jenny Rooney

Communities Director and Chair of the CMO Network

Comings & Goings

Last week, Chinese e-commerce site Pinduoduo reached 788.4 million active users, surpassing Amazon and its domestic rival Alibaba—and its founder, Colin Huang, stepped down. CEO turnover may have slowed during the pandemic, but these founders all left their companies in the past few months.

Headspace, the mindfulness and meditation app that has over $200 million in funding, hired former Hulu executive Val Kaplan Sabata as its first CMO. The move may indicate that the business is looking to double down on video.

Leadership & Strategy

Even if your business has gone above and beyond to support employees, it’s likely that you’re facing increased turnover due to the pandemic. For financial officers, retaining talent may mean adopting new practices around communication, empathy and flexibility.

One step your organization can take to retain young talent is
providing a robust parental leave policy. The most generous policies in the U.S. tend to be offered by tech and finance companies, but any organization can boost its employee morale, gender equity and bottom line with paid parental leave.

When Kelly Steckelberg joined
Zoom as its CFO in 2017, she never could have expected its meteoric rise during the pandemic: Last year, Zoom went from 10 million daily meeting participants to 300 million. Here’s how she weathered the storm, and what the company might look like post-pandemic.

ADVERTISEMENT

By The Numbers

$7 billion

The amount that Alphabet is investing to expand its offices in 19 states.


Tech isn’t going remote for good: Alphabet CEO Sundar Pichair announced on Thursday that the tech giant will be investing $7 billion into offices and data centers in 19 states.

The CxO Profile

 
Exclusive: Phyllis Newhouse And Isabelle Freidheim Are Busting Up The SPAC Boys’ Club By Bringing Athena To Market
 
 
 
Exclusive: Phyllis Newhouse And Isabelle Freidheim Are Busting Up The SPAC Boys’ Club By Bringing Athena To Market

SPACs may have been the biggest story on Wall Street this past year, but just 3.2% have had a female chair or CEO; Phyllis Newhouse and Isabelle Freidheim are hoping to break the mold. Newhouse, a cybersecurity expert with military experience, and Freidheim, the cofounder of Starwood VC, just founded the Athena Technology Acquisition Corp, a $250 million SPAC looking for a cybersecurity or fintech company to take public.

Read More →
 

Across Forbes

 
Equal Pay Day & Equity At Work
 
 
 

ForbeLive

Equal Pay Day & Equity At Work

The fight for equal pay extends far beyond a paycheck and represents the broader set of issues that perpetuate pervasive gender inequities. Join Forbes and EY for a solutions-focused virtual gathering on Tuesday, March 23 at 11 a.m. ET where you will hear from leading voices at the forefront of today’s most dynamic businesses as they share critical insights and provide active solutions for equity.

Register For Free →
 
On the Verge: Why Supporting Working Family Caregivers is Good for the Economy
 
 
 

ForbeLive

On the Verge: Why Supporting Working Family Caregivers is Good for the Economy

How do companies support employees who have taken on caregiver responsibilities and come out stronger and with teams intact? Join Forbes & AARP for a complimentary virtual event for HR executives on March 26 where we’ll discuss new policies implemented at top companies to support working caregivers.

Register For Free →
Forbes

You’ve received this email because you’ve opted in to receive Forbes newsletters.

Unsubscribe from CxO.

Manage Email Preferences | Privacy

Forbes Media | 499 Washington Blvd.

Jersey City, NJ 07130

Older messages

FBI Hacks Samsung Phone In Toilet Voyeurism Probe | $16 For All Your Texts | Under Siege Clearview Doing Fine

Monday, March 22, 2021

Plus: Your iPhone Is Not More Secure Than Android, Warns Cyber Billionaire Forbes | The Wiretap In a recurring feature in this newsletter, I publish court documents that you won't have seen

Trump To Return To Social Media On His Own Platform Within Three Months, Senior Advisor Says

Monday, March 22, 2021

Plus: AstraZeneca Vaccine 100% Effective In Preventing Severe Disease And Hospitalizations, US Trials Show Forbes | Topline Trump To Return To Social Media On His Own Platform Within Three Months,

Google’s Office Bet | The Crowd[funder] Knows Best | Leaving From The Top

Monday, March 22, 2021

Plus: Hollywood's Hottest 2021 Thriller Isn't A Bond Or Marvel Movie—It's The Megaplex's Fight For Survival Forbes Good morning. Unlike other tech companies, Google isn't going

Gumroad Makes Crowdfunding History | A New Unicorn At The DMV | Crypto VC To The Moon

Sunday, March 21, 2021

Alex Konrad & Becca Szkutak Forbes staff Welcome to the third edition of Midas Touch, your weekly newsletter destination for exclusive insights, reporting and analysis from the world of venture

Register Today—Crypto Assets & Taxes: What You Need To Know

Sunday, March 21, 2021

Join us on Tuesday, March 30th at 2PM EST REGISTER NOW: Crypto Assets & Taxes: What You Need To Know Tuesday, March 30th at 2PM EST Crypto Assets & Taxes: What You Need To Know Fellow Investor,

You Might Also Like

Collection of old skulls illustrates American diversity

Saturday, November 16, 2024

+ evidence that Earth was frozen 700M years ago ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

My Hunt for Relaxed-Fit Men’s Pants That Don't Make Me Look Like a Toddler

Saturday, November 16, 2024

Plus: What Maddy DeVita (aka Hand Me the Fork) can't live without. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an

YOU LOVE TO SEE IT: Fighting The Lunchroom Bully

Saturday, November 16, 2024

The Feds crack down on school lunch fees, ghost networks get summoned, a big mine gets slapped with a big fine, and America gets its ethics chief. YOU LOVE TO SEE IT: Fighting The Lunchroom Bully By

The Insanity Begins

Saturday, November 16, 2024

November 16, 2024 The Weekend Reader Required Reading for Political Compulsives 1. The Resistance Is Dead. Long Live the Resistance? The women who set out to bury Donald Trump are doing things

The best winter boots

Saturday, November 16, 2024

One of our favorites is on sale View in browser Ad The Recommendation Ad Winter boots we love A selection of our picks for the best winter boots, lined up side-by-side. Rozette Rago/NYT Wirecutter Cold

☕ Anxious pharma bears

Saturday, November 16, 2024

RFK Jr.'s nomination tanks health stocks... November 16, 2024 View Online | Sign Up | Shop Morning Brew Presented By Nasdaq Good morning. Friday Nights Lights—the show that made everyone wish Kyle

Gaetz Probe Delayed, Sneaky Snooker, and Rocky Backs Trump

Saturday, November 16, 2024

faffsfdfdsf ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏

Your new crossword for Saturday Nov 16 ✏️

Saturday, November 16, 2024

View this email in your browser Ready to beat your crossword time? We have six new puzzles teed up for you this week. Play the latest Vox crossword right here, and find all of our new crosswords in one

Weekend Briefing No. 562

Saturday, November 16, 2024

Generation AI -- Machines of Loving Grace -- Autonomous AI Machine Guns ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

⏰ Flash Sale Alert: Get Your Forbes Membership for Just $49.99!

Saturday, November 16, 2024

Subscribe for less than $1/week for a limited time. The Cyber Sale Starts Now—Less Than $1/Week. Act Fast! Unlock unlimited access to wide ranging, in-depth journalism you can only find at Forbes.