Masters of Scale Need to Know, w/Reid & Bob: Business withdrawals from Russia, strife at Netflix, Musk vs Twitter, the business world’s role in democracy, Crypto’s future, & more
Jul 26, 2022
Reid and Bob tackle pressing business issues, from the repercussions of Russia's invasion of Ukraine to the shifting dynamics of workplace culture post-pandemic. They unravel the state of cryptocurrency and explore its future amidst uncertainty. The duo discusses the moral responsibilities leaders face in today's divided climate, while also highlighting innovative employee benefits like the unique 'Lobatical' vacation. Listeners gain insights into the evolving role of women in business and the significance of ethical leadership during challenging times.
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Prioritizing Human Values
- Businesses should prioritize human values over potential profits, especially during times of conflict.
- Evaluate the societal impact of business decisions and act accordingly, even if it means forgoing revenue.
Navigating Human Rights Issues
- Engaging with countries with human rights issues requires careful consideration of the impact businesses can have.
- Actively work to promote human rights through community involvement and internal advocacy.
Upwork's Response to the Ukraine Invasion
- Upwork CEO Hayden Brown faced a dilemma after Russia's invasion of Ukraine.
- She prioritized values over revenue, pulling Upwork out of Russia and Belarus despite potential financial repercussions.