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With Trump as president elect, some are grieving and others are ecstatic, but a few who voted for him are already becoming nervous as he chooses his cabinet.Much is written about why so many people picked him. Some have Fox News on all day long, although Fox admitted they lie for profit to keep viewers. [...]How to protect your communications through encryptionCorporate India is striving to bring more women into the leadership ranks. Mphasis , RPG Group, KPMG, Target and PepsiCo are among companies that are rolling out initiatives like career sponsorship, management and leadership training, executive coaching, professional development programmes, job rotation, career counselling and collaboration with recruiters to implement inclusive hiring and equal pay interventions to narrow the diversity gap at the top. Executives at these companies say that the priority is to build teams that represent the communities in which they operate, and business thrives when employees feel like they belong and have equitable access to opportunity. According to the Economic Graph report published by LinkedIn and The Quantum Hub earlier this year, while female representation in India Inc has increased to 27% in 2024 from 24% in 2016, the share of women in leadership roles has moved up to only 18.3% from 16.6%. “It offers our women employees the opportunity to define their career objectives by pairing them with a mentor who has an established career in the participant’s chosen field,” said Ayaskant Sarangi, chief HR officer at IT firm Mphasis that has a ‘Womentoring’ programme to mentor and train female employees to take on leadership roles. 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RPG Group offers formal training, mentoring and coaching coupled with experiential learning opportunities to groom female employees for leadership roles. Women are excelling in leadership roles not just in support functions but also in core operations like sales, marketing and plantation management, said Riya Dalvi, chairperson – diversity, equity and inclusion at the conglomerate. At Target, high-performing female employees are taken through a six-month programme called ‘Ignite’, which focuses on personal branding, negotiation skills, networking and, for the first time this year, mindful mentorship, said Arun Kulkarni, vice-president – human resources at the Indian unit of the American retailer. “Women hold leadership roles across the business – in technology, operations, marketing and business. This includes our highest-level leader in India - Andrea Zimmerman, president of Target in India,” Kulkarni said. Recently, KPMG rolled out the Prism leadership development programme, focusing on key skills that women need to build on, with curated virtual tracks that women leaders can choose from. The purpose is to provide a platform to apply strategies and learning around the chosen topics, and each female leader picks as many tracks as possible of her choice, said Reena Wahi, partner and head of people, performance and culture at KPMG in India. The company plans to have women in 29% of leadership roles next year, and is accelerating hiring across levels with a focus on female employees during hiring and promotion cycles. Beverages firm PepsiCo has implemented mentorship and coaching programmes, as well as enabling policies covering caregivers, health and wellbeing. The companies are trying to address high attrition among female employees. While KPMG offers hybrid work arrangements so that women have the flexibility to work from home as and when needed, there are also leave policies that enable them to take time off to fulfil primary childcare or eldercare responsibilities. RPG Group’s sabbatical policy enables female employees to take extended leave for personal or professional development. (You can now subscribe to our Economic Times WhatsApp channel )
NoneChinese backpack dampens weight of its content with 85% less bounce, 11% more energyOpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'David Sacks —AFP WASHINGTON—US President-elect Donald Trump on late Thursday named former PayPal chief operating officer David Sacks as White House “AI and crypto czar.” The wealthy tech entrepreneur will take on a newly created role advising the Trump administration on cryptocurrency and artificial intelligence (AI). “David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” Trump said in a social media post. “He will safeguard Free Speech online and steer us away from Big Tech bias and censorship.” Sacks will also lead a presidential council of advisors on science and technology, according to Trump. The entrepreneur, whose wealth has been estimated in the billions of dollars, is considered part of a so-called PayPal Mafia cadre of influential tech entrepreneurs that includes Elon Musk and Peter Thiel. The group was part of that company’s founding era and members have thrown their clout behind conservative political policies and candidates. READ: Trump going berserk, targets birthright, naturalized citizens Sacks backed JD Vance as Trump’s running mate in the recent US presidential election, hosting Vance on his podcast in the process. After PayPal was bought by eBay in 2002, Sacks went on to help create other tech firms, including Yammer, which was bought by Microsoft. Sacks, who like Musk was born in South Africa, also took to investing in start-ups. Musk met with US lawmakers Thursday to discuss his plans for overseeing radical government spending cuts under the incoming administration. Trump rewarded the Tesla, X and SpaceX chief for his support during the White House campaign by naming him head of the newly created Department of Government Efficiency, along with another wealthy ally, Vivek Ramaswamy. Although the office, dubbed Doge, has a purely advisory role, Musk’s star power and intense influence in Trump’s inner circle bring political clout. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . During Trump’s election campaign, Musk vowed to reduce federal spending by $2 trillion.
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