Patience plays a crucial role for team performance, reveals new research by the University of Cologne. The study, conducted by Professors Felix Kölle and Thomas Lauer, investigated cooperative behaviour, as well as its underlying mechanisms, in a setting in which the benefits from successful teamwork accrue only in the future. The results from their research suggest that firms can positively influence collaboration and productivity by strategically assigning employees with high levels of patience to long-term projects. They researchers add that such a strategy is particularly relevant for team composition as incorrectly assigning impatient people to long-term projects could undermine the…
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flexiTester, a Field Test Solution for Optical Services, Honored for Exceptional Innovation HFR Networks Inc., leading the industry with intelligent transport solutions announced today that TMC, a global, integrated media company, has named flexiTester, a handheld device driven by a smartphone application to field test access wavelengths and services, as a 2024 TMC Labs INTERNET TELEPHONY Innovation Award winner presented by INTERNET TELEPHONY magazine. The TMC Labs INTERNET TELEPHONY Innovation Award honors products that display innovation, unique features, and significant contributions toward improving communications technology. The awards are bestowed to those companies demonstrating ground-breaking contributions to the industry. “We are honored to…
Large-language model (LLM) used for many different AI applications can mimic human psychological traits, including gender stereotypes, research from Mannheim Business School reveals. Max Pellert, Assistant Professor at MBS, and co-authors used established psychological tests to measure traits such as personality and value orientation of several openly available LLMs. These psychological characteristics are acquired in a currently poorly understood way by LLMs during their training process. AI models process texts written by humans during their training, which may contain traces of the authors’ personality traits, values, and biases that are absorbed by the models. The researchers found that some models…
The UIM E1 World Championship event in Spain’s beautiful Puerto Banus, Marbella, concluded with legendary singer Marc Anthony’s Team Miami, piloted by Swede Erik Stark and American Anna Glennon, crowned race winners. The third leg of the 2024 E1 Championship drew thousands of spectators to the crystal blue waters and blistering sunshine of Puerto Banus to watch on as the E1 RaceBird pilots competed amidst increasingly choppy waters. The final day of the captivating event began with an all-team parade showcasing the RaceBird technology to fans and VIPs in the luxurious seaview Ocean Club – the only smooth sailing of the…
Strategy Equals Focus: How Business Owners Can Add Meaningful Equity to Their Business The ability to concentrate efforts on high-impact areas can significantly enhance a company’s value, translating to substantial equity growth. Reverse Engineering Equity To effectively enhance equity, business owners should adopt a methodical approach: Value the Business: Obtain a comprehensive valuation to understand the current standing and identify areas for improvement. Identify Gaps: Recognize gaps between the current state and desired outcomes. Fill or Remove Gaps: Implement strategies to address these gaps, whether by enhancing strengths or mitigating weaknesses. Understanding Equity in Business Equity in business can be…
Following the recent news of Eamonn Holmes and Ruth Langsford’s amicable split, Divorce-Online.co.uk, a leading online divorce service provider, emphasises the advantages and practicality of resolving divorces amicably without incurring high legal fees. The couple’s decision to part ways respectfully sets a great example for couples facing similar circumstances. Divorce-Online.co.uk has always advocated for an approach centred on mutual respect and cooperation, which can significantly reduce both the emotional and financial strain of divorce. Cost-Effective Legal Solutions: Divorce-Online.co.uk provides comprehensive online divorce and finance services that cater to couples seeking a straightforward, amicable resolution. Our fixed-fee divorce and finance packages…
With the weather getting warmer and summer days getting longer, food experts at Tropical Sun have released a new study focusing on BBQ trends in the UK. A study of 2,000 respondents conducted via OnePoll revealed that nearly one in ten (8%) of fun-loving Brits host regular BBQs regardless of the season. The research also revealed that one in three (29%) Brits enjoy BBQs so much that they would still attend one in rainy weather. One in five (22%) would still commit to hosting a BBQ regardless of bad weather. When it comes to frequency, the majority of the population (42%) have…
Prevented ocean plastic and USAID open high-capacity plastic collection centre in Macassar, Indonesia to mark World Oceans Cay On UN World Oceans Day 2024, Prevented Ocean Plastic™ announces the grand opening of a high-capacity recycled plastic collection centre in Makassar, Indonesia, in collaboration with the U.S. Agency for International Development (USAID). The centre is expected to process 500 tonnes of recycled plastic per month, preventing it from reaching the ocean as pollution, and create 50 direct jobs for the local area. The opening comes one year after the launch of Prevented Ocean Plastic™’s mission to open 25 collection centres by…
Every June, millions of people from every part of society in both the UK and around the world take part in Loneliness Awareness Week. Almost half of the population of the UK report feeling lonely at least some of the time, and loneliness is on the rise, with many more people in the UK feeling lonelier since the pandemic¹. The Marmalade Trust is the only charity in the world specifically dedicated to raising awareness of loneliness. This year their annual campaign, Loneliness Awareness Week, is looking at the incredible power of micro-connections, by championing the theme: #RandomActsOfConnection. Micro-connections are all…
APSCo OutSource, the trade body for the professional recruitment outsourcing sector, has expanded its operation with the launch of APSCo OutSource Europe. Based out of Berlin, the new division will be headed up by Oliver Kömpf who has joined as Managing Director. Oliver brings with him more than 25 years’ experience in the MSP and RPO sector with AMS and Hays. This latest move follows significant successes for APSCo OutSource since its launch in 2021, which has seen membership numbers grow year-on-year alongside the creation of the OutSource Client Community – a collaborative group of prestigious HR, TA and Procurement leaders…