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Cambodia’s apparel exports to Europe hit $2.29 bn, 30% of total

Cambodia’s apparel exports reached $2,285 million in the first three quarters of 2024, representing 30.19 per cent of total exports. Europe, the second-largest market, saw a decline compared to $2.82 billion in the same period in 2023. North America was the top market with 42.18 per cent. Total apparel exports were $11.26 billion in 2023, with Europe’s share fluctuating over recent years.




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Mixed trends in north Indian cotton yarn market, prices drop in Delhi

Cotton yarn prices in north India showed mixed trends due to sluggish demand. Prices in Delhi fell by ₹2 per kg, while Ludhiana remained stable amid slow trading. Panipat saw stable recycled yarn prices but a slight increase in recycled polyester fibre costs due to higher PET bottle prices. Cotton arrivals were slow as farmers prioritised paddy sales, limiting price surges.




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Sri Lanka's garment exports up 4% to $3.3 bn in Jan-Sept 2024

Sri Lanka’s garment exports reached $3,479 million in Jan-Sept 2024, a 4.0 per cent increase from the previous year. However, textile exports declined by 15.9 per cent, totalling $224.3 million. Imports of textiles and clothing rose significantly, with textiles up by 18.2 per cent. In 2023, garment exports dropped by 19 per cent to $4,440.6 million, and textile imports fell by 22.6 per cent.




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Australia's apparel imports rise, fibre exports decline in Jul-Sept 24

Australia's apparel and clothing imports rose 3.43 per cent YoY to $3.368 billion in July-September 2024, despite a slight drop in September. Imports of textile yarn and related articles also increased by 4.11 per cent, while fibre imports fell 6.06 per cent. Exports of textile fibres saw a 7.69 per cent decline, continuing a downward trend from the previous fiscal year.




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US' textiles & apparel imports ease 0.8% in Jan-Sept 2024

US textile and apparel imports fell by 0.80 per cent to $80.449 billion from January to September 2024, compared to $81.094 billion in 2023. Apparel imports dropped by 2.57 per cent, while non-apparel imports rose by 4.55 per cent. China remained the top supplier, despite a 2.28 per cent decrease. Growth was seen in imports from Cambodia, Pakistan, India, and Vietnam.




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US textiles exports dip 2.7% to $17.3 billion in Jan-Sept 2024

In the first nine months of 2024, US textile and apparel exports fell by 2.76 per cent to $17.363 billion, down from $17.856 billion in 2023. While exports to Mexico rose by 2.86 per cent, shipments to major markets like Canada, China, and the Dominican Republic declined. Apparel, fabric, and yarn exports all saw decreases. In 2023, exports fell by 5.02 per cent, following growth in 2022.




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US textile & apparel import volume up 8.7%, export volume down 3%

US saw an 8.79 per cent increase in textile and apparel imports from January to September 2024, totalling 76,860.803 million SME compared to 70,652.999 million SME in 2023, according to OTEXA. Apparel imports rose by 2.57 per cent, while non-apparel imports increased by 11.05 per cent. Cotton product imports grew by 6.03 per cent and MMF products by 9.17 per cent.




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AbbVie's Schizophrenia Failure Disappoints But Analysts Show Confidence In Immunology Portfolio




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1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst




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Novavax stock plunges after quarterly earnings, but company sees hope in licensing deals




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Tesla Stock Rises. Elon Musk Will Lead New Government Department for Trump.




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US Supreme Court to hear Nvidia bid to avoid securities fraud suit




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Trump Reportedly Urges Russian President To Deescalate War With Ukraine: Here's How Crude Oil WTI Futures Are Reacting




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The International Drive Resort Area Offers Year-Round, Championship Golf in a Vacation Paradise

The I-Drive area is known for its world famous attractions, non-stop entertainment, great dining and shopping and it is home to the second largest convention center in the U.S. And Orlandos tourist corridor also provides a golf mecca known for its championship courses designed by legends to provide play year-round in this vacation destination.




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Families Make Unforgettable Vacation Memories...Endless Family Fun in the I-Drive Resort Area

Family fun is what it is all about in the International Drive Resort Area! And there is always something new for families to explore.




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Shopping Addictions Satisfied Here!!! International Drive Resort Area Offers Orlando Visitors Endless Shopping for Hot Bargains!

As one of the top five most popular shopping destinations in the U.S., Orlando is a shoppers paradise. And the I-Drive area is well-known for its designer outlets and great bargains.




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Weddings - Say I do and Celebrate the Wedding of Your Dreams in the International Drive Resort Area

Orlando is one of the worlds most popular wedding and honeymoon destinations. Situated in the center of all of the magic, it is no wonder that the International Drive Resort Area provides destination wedding locations that range from tropical to romantic to themed for an unforgettable day for the couple as well as the guests.




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From the Worlds Largest to the Worlds Best, the I-Drive Resort Area Offers Endless Dining Adventures!

Dining is just one more adventure for visitors to the International Drive Resort Area! With a surprisingly diverse array of epicurean delights, culinary choices include American, Brazilian, Caribbean, Chinese, Greek, Ethiopian, Irish, Italian, Japanese, Mediterranean, Mexican, Italian and Thai.




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I-Ride Trolley utilizes latest technology to transport visitors along Orlandos tourist corridor

Trolley system makes vacation planning easier, cost effective and more efficient for visitors to The I-Drive Resort Area




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Pet-Friendly - International Drive Resort Area Has Gone to the Dogs!

If you cant leave home without your four-legged family member, there are lots of choices in the International Drive Resort Area that will cater to your pet while you visit!




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Family reunions - magical gatherings in the International Drive Resort Area

Reconnect. Celebrate cherished family memories. Enjoy being together. Make some new memories. Have fun. Laugh until you cry. This is what family reunions are all about.




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Connected Smart Buildings Form Communities of Clean Power

Connected Smart Buildings Form Communities of Clean Power cbeaty Fri, 11/18/2022 - 15:18

Connected Smart Buildings Form Communities of Clean Power

The role of buildings in advancing clean and efficient energy technology has been well established.

Now buildings are getting smarter and are connecting to form their own communities that achieve even greater levels of energy innovation.

On Nov. 2, 2022, the U.S. Department of Energy (DOE) kicked off what it is referring to as a “new era for grid-efficient buildings.” The event marked the launch of the DOE’s Connected Communities cohort. This is a collaboration of nine projects, each of which were awarded funding by the DOE for their own innovation in connected energy-efficient buildings. The Lawrence Berkeley National Laboratory is acting as the national coordinator for this cohort.

The DOE’s Connected Communities is intended to drive innovation in building energy consumption by emphasizing how groups of buildings can work together to maximize the use of distributed energy resources (DERs) such as solar power, energy efficiency, electric vehicles, battery storage and other state-of-the-art technology.

The DOE defines a connected community as a group of grid-interactive efficient buildings with diverse, flexible end-use equipment and other DERs that work collectively to maximize building, community and grid efficiency while still meeting occupants’ needs and comforts.

Last year, the department issued a large funding opportunity announcement and selected projects that demonstrate how connected communities can serve as assets to the electrical grid. The cohort that was kicked off earlier this month represents a collaboration of the nine projects that were awarded funding. They will share information, challenges and best practices to achieve greater building energy efficiency through connectivity.

One example of an awarded project is The Ohio State University’s cybersecure orchestrated control of DERs across an array of diverse campus buildings.

Another cohort is the utility Portland General Electric that is working to achieve 1.4 megawatts (MW) of flexible loads by retrofitting nearly 600 commercial and residential buildings.

Similarly, in Spokane, Wash., Edo Energy is striving to achieve between 1 and 2.3 MW of flexible loads by retrofitting heat pumps, water heaters, control systems and other resources in an all-electric virtual power plant that will help defer capital investment for a 55-MW peak substation.

In Raleigh, N.C., IBACOS Inc. will connect hundreds of new and existing homes to solar power, battery storage and smart thermostats.

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To Build Strategy, Start with the Future

Mark Johnson, cofounder of the consulting firm Innosight, says that too many managers develop strategy while focusing on problems in the present, and that’s especially true during a crisis. Instead, he argues, leaders should imagine the future and work backward, so they can build their organization for that new reality. He shares practical steps managers can take to look beyond the typical short-term planning horizon and help their teams grasp future opportunities. Johnson is the coauthor of the HBR article "Leaders, Do You Have a Clear Vision for the Post-Crisis Future?" and the book "Lead from the Future: How to Turn Visionary Thinking into Breakthrough Growth."




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Smarter Side Gigs

Ken Banta, founder of the Vanguard Network, and Orlan Boston, partner at Ernst & Young, argue that every aspiring leader needs to have a side gig -- not to pursue a crazy dream or earn some extra cash but to enhance their skills, knowledge, and network in a way that benefits their existing careers. The key is to find meaningful and strategic roles that help you bring new insights and experience to your day job, and you can even let your boss in on your plans. Banta and Boston are the authors of the HBR article "The Strategic Side Gig."




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Applying Porter’s Five Forces to Fix U.S. Politics

Katherine Gehl, a former CEO and the founder of the Institute for Political Innovation, and Michael Porter, a professor at Harvard Business School, apply his Five Forces framework to explain why U.S. politics are dysfunctional. They argue that the Republican and Democratic parties make up an industry duopoly with high barriers to entry and low consumer power, and that the resulting lack of competition incentivizes these two dominant players to avoid compromises with majority support. Gehl and Porter provide specific innovations on how to enhance competition and better serve the public, including nonpartisan primary elections and ranked-choice voting. Gehl and Porter are coauthors of the new book “The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy” and the HBR article “Fixing U.S. Politics."




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Pricing Strategies for Uncertain Times

Rafi Mohammed, founder of the consulting firm Culture of Profit, says a crisis or recession is not the time to panic and slash prices. He says leaders should instead reevaluate their price strategy — or develop one for the first time — to better respond to customers during the slump and keep them when the economy recovers. He shares examples of companies across a variety of industries that have created effective price strategies as well as his advice for changing prices in response to Covid-19. Mohammed is the author of “The 1% Windfall: How Successful Companies Use Price to Profit and Grow.”




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Mastering the Art of Persuasion

Jonah Berger, professor at the Wharton School of the University of Pennsylvania, says that most of us aren’t approaching persuasion the right way. Pushing people to behave how you’d like them to or believe the same things you do just doesn’t work, no matter how much data you give or how many emotional appeals you make. Studying both psychology and business, he’s found better tactics for bringing people over to your side. One of the keys? Asking questions so people feel like they’re making the decision to change. Berger is the author of the book "The Catalyst: How to Change Anyone's Mind."




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Why Work Friends are Worth It

Shasta Nelson, relationship expert and author, says that work friendships are critical to individual and organizational success but acknowledges that it's not always easy to build these personal -- but still professional - connections, especially when work is virtual. She explains why consistency, vulnerability, and positivity are fundamental to friendship and offers specific suggestions for how to build those things with colleagues. Nelson is the author of the book "The Business of Friendship: Making the Most of Our Relationships Where We Spend Most of Our Time."




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The Subtle Art of Saying No

Bruce Tulgan, founder of the management training firm RainmakerThinking, says that the key to career success isn't only embracing opportunities; it's also declining projects, tasks, and requests for help so you create time for the most value-added work. He explains how to evaluate each ask, determine which you should prioritize, and deliver either a strategic "yes" or a well-thought-through no. Tulgan is the author of the HBR article "Learn When to Say No."




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What Sets Family Businesses Apart

Josh Baron and Rob Lachenauer, cofounders of BanyanGlobal Family Business Advisors, say that a family-run company has more flexibility than its publicly-traded counterpart to build a legacy and grow sustainably for the long term. But making critical decisions when there are family dynamics can be extremely challenging. They offer approaches to understand the real impact of ownership and effectively manage conflict. Lachenauer and Baron wrote “The Harvard Business Review Family Business Handbook: How to Build and Sustain a Successful, Enduring Enterprise.”




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Quit Overthinking Things

Ethan Kross, professor of psychology at the University of Michigan, has spent years studying how people talk to themselves and the effect that this "chatter" has on our performance. From professional athletes to top students and senior executives, even the most talented among us sometimes struggle to quiet the voices in our heads. And Kross says that, while some self-talk can help us, it's often unproductive. He offers tips and tricks to break out of negative thinking and get back on track, especially at work. He's the author of the book “Chatter: The Voice in Our Head, Why it Matters, and How to Harness It.”




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Why Smart People (Sometimes) Make Bad Decisions

Daniel Kahneman, Nobel Prize winner and emeritus professor at Princeton University, and Olivier Sibony, professor of strategy at HEC, say that bias isn't the only thing that prevents people and organizations from making good choices. We’re also susceptible to something they call "noise" - variability in calls made by otherwise interchangeable professionals and even by the same person at a different time or day. But the solution isn’t necessarily taking humans out of the equation with artificial intelligence. There are ways to combat noise, and leaders should take steps to do so. Kahneman and Sibony are the coauthors, along with Cass Sunstein, of the book "Noise: A Flaw In Human Judgment."




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The Rise and Fall of Carlos Ghosn: Part 1

When Japan's most famous CEO is suddenly arrested, conflicts are revealed in the Renault-Nissan Alliance he led for two decades. Then Carlos Ghosn jumps bail by stowing away in a private jet to Lebanon. Ghosn's daring escape raises new questions about his alleged financial misconduct — and the corporate system that kept him in power.




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The Rise and Fall of Carlos Ghosn: Part 2

After Carlos Ghosn’s dramatic turnaround at Nissan, profits soar and Ghosnmania sweeps Japan. But signs of trouble emerge as Ghosn takes over as the CEO of both Renault and Nissan in 2005. Then Ghosn’s high pay creates controversy in Japan and France. This second episode of a four-part series explores Ghosn’s leadership style and how it contributes to his eventual downfall.




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The Rise and Fall of Carlos Ghosn: Part 3

A decade into Ghosn’s tenure, Nissan starts missing his goals for growth, profits, and electric vehicle sales. Then a devastating earthquake and tsunami in Japan and a self-made crisis at Renault in France test Ghosn’s leadership. Who is holding Ghosn accountable? This third episode of a four-part series explores the cracks that appear in Ghosn’s track record.




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The Rise and Fall of Carlos Ghosn: Part 4

Suddenly powerless in Tokyo prison after his arrest, Carlos Ghosn plans an audacious escape and flees Japan while out on bail. Out of reach of Japanese authorities, the once celebrated CEO of Nissan and Renault defends his legacy as he faces new investigations by French and other authorities. This final episode of a special, four-part series features Ghosn himself and examines whether system failures contributed to his downfall. Who gave Carlos Ghosn such extraordinary power? What can we learn from his story?




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Best Buy’s Hubert Joly on Walking the Talk of Stakeholder Capitalism

Hubert Joly, former chairman and CEO of Best Buy, says that now is the time for companies to get serious about operating to benefit not just shareholders but also employees, customers and broader society. In the face of environmental crisis, racial turmoil, and rising economic inequality, he argues that leaders shouldn't debate whether or when to embrace this new version of capitalism. They should focus on how to do it. He says this starts with having a clear purpose and ensuring that everyone in the organization connects with it and one another. It also involves offering fair pay and opportunities for advancement and working with, not against, consumers, the community, the competition. He shares how these strategies helped turn Best Buy around despite the rise of Amazon. Joly is the author of the book “The Heart of Business: Leadership Principles for the Next Era of Capitalism” and the HBR article “How to Lead in the Stakeholder Era.”




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Stop Networking, Start Connecting

Susan McPherson, communications consultant, says many people feel strange reconnecting in person with colleagues after an extended period working in physical isolation. To help shake off the rust, she offers simple tips in a “Gather, Ask, Do” method. It's not just about networking, she says, but about finding simple connection points with others that can truly help you succeed. McPherson is the author of the book "The Lost Art of Connecting."




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When Entrepreneurs Distort the Truth

Kyle Jensen, associate dean at the Yale School of Management, has seen firsthand just how tempting it is for entrepreneurs to lie. As a startup founder himself, he says they have to be always "on" and ready to promote their venture. Another reason they’re incentivized to exaggerate is that while many startups fail, successes can become billion-dollar enterprises. Finally, Jensen argues, misrepresenting is relatively easy to get away with in a field of unproven potential. He talks through infamous examples of entrepreneurs distorting the truth and how to change startup culture for the better. Jensen is a coauthor of the HBR article "Entrepreneurs and the Truth."




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Best of IdeaCast: What Sets Successful People Apart

Heidi Grant, a motivational psychologist, has studied successful people and what makes them tick. In this classic episode, she and former host Sarah Green Carmichael discuss the behaviors of high achievers and how to incorporate them into your own life and work. Grant is the author of the HBR article and e-book "Nine Things Successful People Do Differently.”




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No, Tech Start-ups Aren’t Taking Over the World

Looking at business news and stock market coverage over the past decade (including a few HBR articles), you'd think that just about every traditional, old-economy company has fallen prey -- or will soon -- to tech-focused competitors. But London Business School's Julian Birkinshaw says that story of disruption and destruction is overblown. His research into Fortune 500 and Global 500 organizations shows that, despite the rise of a few tech giants like Amazon and Google, many industries haven't been radically remade and that many older incumbents are still standing strong. He outlines the strategies they've used to do so, from fighting back to reinvention. Birkinshaw is the author of the HBR article “How Incumbents Survive and Thrive.”




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Regrets Are Inevitable. Start Learning From Them.

"No regrets" might be a popular modern-day mantra, but it's virtually impossible to live your life without wishing you could do certain things over. Some people try to ignore these feelings; others wallow in them. But author Dan Pink, who recently conducted large U.S. and global surveys on this phenomenon, says the right approach is to instead carefully consider what we regret and why so that we can either reverse course or make better decisions in the future, as well as putting them behind us. Whether you're frustrated by bad career moves you've made, business ideas you didn't pursue, or relationships you've let falter, these regrets can be useful tools for personal growth. Pink's new book is “The Power of Regret: How Looking Backward Moves Us Forward.”




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The Case for Embracing Uncertainty

For many of us, uncertainty is nerve-wracking. However, many of our best achievements and meaningful experiences come from a trying time of ambiguity. INSEAD professor Nathan Furr and entrepreneur Susannah Harmon Furr argue that uncertainty and possibility are two sides of the same coin. By learning to welcome and cope with the gray area, an individual can reach better outcomes. They reviewed research and interviewed innovators and changemakers to share best practices of stepping proactively into the unknown. They wrote the new book "The Upside of Uncertainty: A Guide to Finding Possibility in the Unknown" and the HBR article "How to Overcome Your Fear of the Unknown."




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Work-Life Supports That Truly Help Your Organization

Work-life support programs have long been known to lower turnover and raise employee loyalty. But new research shows they also have a positive effect on promoting diversity among managers at those firms, an effect that’s even stronger than that of some popular racial-equity programs. Alexandra Kalev chairs the Department of Sociology and Anthropology at Tel Aviv University, and she explains why having strong, thoughtful policies around flexibility, time off, and dependent care pay off for companies. With Harvard sociologist Frank Dobbin, Kalev wrote the HBR article “The Surprising Benefits of Work/Life Support.”




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Why Some Start-Ups Fail to Scale

Managing rapid growth is a huge challenge for young businesses. Even start-ups with glowing reviews and skyrocketing sales can fail. That’s because new ventures and corporate initiatives alike have to sustain profitability at scale, according to Harvard Business School senior lecturer Jeffrey Rayport. He has researched some of the biggest stumbling blocks to long-lasting success and explains how to make the tricky transition out of the start-up phase successfully. With professors Davide Sola and Martin Kupp of ESCP Business School, Rayport cowrote the HBR article “The Overlooked Key to a Successful Scale-Up.”




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The Subtle Art of Disagreeing with Your Boss

Whether you're someone who enjoys ruffling feathers or the type of person who'd like to challenge the status quo but shies away, you'll benefit from understanding the best, research--backed ways to practice disagreement - even insubordination - while holding onto others' respect at work. Todd Kashdan is a psychology professor at George Mason University and the author of the book The Art of Insubordination: How to Dissent and Defy Effectively. He explains how contrarians, and those with ideas that run counter to the mainstream, can pick their battles, articulate their arguments, and gain allies along the way.




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Best of IdeaCast: Escape Your Comfort Zone

We know that trying new things, taking risks, and even failing are vital to most success stories. But getting out of areas where you’re comfortable and breaking through to the next level is easier said than done. Andy Molinsky, professor of organizational behavior at Brandeis International Business School, says that there are actions we all can take to get out of our safe zone and achieve our goals. In this classic episode, he shares his research and advice with former IdeaCast host Sarah Green Carmichael. Molinsky is the author of Reach: A New Strategy to Help You Step Outside your Comfort Zone, Rise to the Challenge and Build Confidence.




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How to Reduce the Friction that Hurts You — and Harness the Friction that Helps

Organizations too often subject their employees and customers to unnecessary friction that creates inefficiency and causes frustration. But, in some situations, friction can be a positive force, spurring more innovation and better decision-making. So how do you reduce the bad kind and embrace the good?  Stanford professors Bob Sutton and Huggy Rao have studied this problem for seven years and offer strategies for leaders at every level to help them recognize when friction is needed or not and then add or subtract accordingly. They share ample examples of people and companies getting it right. Sutton and Rao are the authors of The Friction Project: How Smart Leaders Make the Right Things Easier and the Wrong Things Harder, as well as the HBR article, "Rid Your Organization of Obstacles that Infuriate Everyone."




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To Negotiate Better, Start with Yourself

The coauthor of the classic book Getting to Yes has new advice on how to negotiate, designed for a world that feels more conflicted than ever. William Ury, cofounder of Harvard’s Program on Negotiation, has come to learn that the biggest obstacle in a negotiation is often yourself—not your opponent. Ury, who also coined the term BATNA, explains the latest thinking from his research and consulting. He shares his tried-and-true methods for overcoming yourself to negotiate better outcomes at work and in life. Ury wrote the new book Possible: How We Survive (and Thrive) in an Age of Conflict.




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Treat Email Like Laundry — and Other Tips from Google’s Productivity Expert

The amount of work we need to get done seems to grow daily. To avoid becoming overwhelmed, we have to become more productive than ever. Laura Mae Martin has advice on what has worked well at one of the biggest organizations in the world. She's the Executive Productivity Advisor at Google and shares the practical ways she helps her colleagues and company executives manage their time, calendars, email inboxes, and more. Martin is the author of the new book Uptime: A Practical Guide to Personal Productivity and Wellbeing.