FEI Weekly

June 7, 2019

Have doctors discovered the solution to burnout? And how accounting firms are retaining and advancing women.

Accounting Firms are Retaining Women With This Simple Action

Accounting Today

A new report on female leadership and gender equity at CPA firms found that, "As firms work to retain and advance women, those on the leading edge are finding that the most powerful magnet is the most simple and straightforward: the personal investment of time and attention by leaders in less experienced, rising women."

What to Expect From the May Jobs Report

Yahoo Finance

“We see reasons for some slowing in employment in activity in May. The latest escalation of trade tensions has injected a new round of uncertainty into the economy, likely hurting business sentiment and hiring activity at the margin,” Joseph Song, Bank of America Merrill Lynch economist predicts. The Labor Department’s May jobs report is set for release today (Friday) at 8:30 a.m. ET

After a Decision: Seek Commitment, Not Unanimous Agreement

McKinsey & Company

In his April 2017 letter to Amazon shareholders, CEO Jeff Bezos introduced the concept of “disagree and commit” with respect to decision making. It’s important to assign accountability for getting things done to an individual or at most a small group of individuals.

Huawei CFO Extradition Hearing Will Begin Jan 2020

Reuters

Huawei CFO Meng Wanzhou will challenge her extradition to the United States on fraud charges at hearings set to begin Jan. 20, 2020. Diplomatic relations between Canada and China turned icy after Meng’s arrest and China arrested two Canadian citizens, charging them with espionage.

Have Doctors Discovered the Solution to Burnout?

Quartz

Today, more than 600 hospitals around the world participate in moderated group discussions designed to prevent burnout in hospital workers and boost their compassion for patients and for themselves. It’s not impossible to imagine these programs working in a variety of professional settings. All it takes is a room, an agreement of confidentiality, and willingness to share and to listen.