Workplace Trends

Global energy security faces an unprecedented range of risks & uncertainties across multiple fuels & technologies. The new International Energy Agency (IEA) World Energy Outlook’s scenarios show the synergies & trade-offs with other priorities like affordability, access & climate: https://iea.li/3JTJphc Newer vulnerabilities like critical minerals join traditional oil & gas risks. Geographic concentration in refining has grown for nearly all key minerals since 2020. One country dominates refining of 19 of 20 strategic minerals with a ~70% average share: https://iea.li/3LWnI0A Securing supply chains for critical minerals – vital not only for grids, batteries & EVs but also for AI chips, jet engines, defence & other strategic industries – requires looking beyond mining. Strengthened efforts are also needed to diversify refining & processing. Oil markets look well supplied in the near term, but the outlook varies. In the Current Policies Scenario, demand keeps rising through 2035 & beyond as electric vehicle sales stall outside China & Europe. In the Stated Policies Scenario, broader EV growth flattens global oil use around 2030. New LNG project approvals have surged in 2025, adding to the coming wave of natural gas supply in the years ahead. About 300 bln cubic metres of new annual LNG export capacity is scheduled to start operation by 2030. But questions still linger about where all the new LNG will go. A year ago, IEA said the world was moving quickly into the Age of Electricity – it’s clear today that age has already arrived. Electricity is the key energy source for sectors accounting over 40% of the global economy & the main energy source for most households. Renewables are set to grow faster than any other major energy source across #WEO25 scenarios, led by solar PV. And nuclear’s comeback is underway, with global capacity set to rise by at least a third by 2035. Natural gas is also poised to play a growing role in power generation. The Age of Electricity is set to reshape the nature of power system security. Careful attention is needed to ensure the availability of dispatchable sources, boost system flexibility & resilience, and expand & modernise the world’s grid networks. As countries face rising energy security risks, the world is falling short on universal access. 730 mln people live without power, and nearly 2 bln rely on basic cooking methods. #WEO25 shows a path to electricity for all by 2035 & clean cooking by 2040, with LPG playing a key role. With climate risks rising, WEO25 shows global warming regularly exceeding 1.5C by 2030 in all scenarios. The CPS sees emissions rise then plateau; in the STEPS, they peak then slowly decline. Only the updated net zero scenario brings temperatures back below 1.5C in the long term. Explore the wealth of freely available energy analysis in #WEO25: https://iea.li/3LWnI0A And join the lead authors, Laura Cozzi & Tim Gould, and me for our LIVE launch event at 11 CET: https://iea.li/4qJGbNS

There has been much handwringing about the increasing credit problems of subprime borrowers and the fallout on the financial system and economy. Subprime borrowers are indeed suffering serious financial stress. The delinquency rate on #subprime loans (loans to borrowers with below a 660 Vantage score) jumped to 8.3% in September. This is the highest delinquency rate in September since 2010 in the immediate wake of the Global Financial Crisis. And the direction of travel is disconcerting. It is just more evidence of how hard-pressed lower and middle-income Americans are. However, worries that losses on subprime loans will be a big blow to banks and other financial institutions are overdone. Subprime loans outstanding as of this September total $2.63 trillion, equal to 15.3% of all household debt outstanding. At their peak in 2007, they totaled $3.38 trillion, equal to 28.2% of outstanding debt. Outstanding subprime first mortgage loans are a shadow of what they were in the lead-up to the GFC, and there is about the same amount of subprime bank cards outstanding. Consistent with the recent bankruptcies in the auto sector, there are more subprime auto loans outstanding than prior to the GFC. Still, even so, they amount to just over $400 billion in outstanding. Not enough to do the financial system or the economy in. At least not yet.

I was shadowing a coaching client in her leadership meeting when I watched this brilliant woman apologize six times in 30 minutes. 1. “Sorry, this might be off-topic, but..." 2. “I'm could be wrong, but what if we..." 3. “Sorry again, I know we're running short on time..." 4. “I don't want to step on anyone's toes, but..." 5. “This is just my opinion, but..." 6. “Sorry if I'm being too pushy..." Her ideas? They were game-changing. Every single one. Here's what I've learned after decades of coaching women leaders: Women are masterful at reading the room and keeping everyone comfortable. It's a superpower. But when we consistently prioritize others' comfort over our own voice, we rob ourselves, and our teams, of our full contribution. The alternative isn't to become aggressive or dismissive. It's to practice “gracious assertion": • Replace "Sorry to interrupt" with "I'd like to add to that" • Replace "This might be stupid, but..." with "Here's another perspective" • Replace "I hope this makes sense" with "Let me know what questions you have" • Replace "I don't want to step on toes" with "I have a different approach" • Replace "This is just my opinion" with "Based on my experience" • Replace "Sorry if I'm being pushy" with "I feel strongly about this because" But how do you know if you're hitting the right note? Ask yourself these three questions: • Am I stating my needs clearly while respecting others' perspectives? (Assertive) • Am I dismissing others' input or bulldozing through objections? (Aggressive) • Am I hinting at what I want instead of directly asking for it? (Passive-aggressive) You can be considerate AND confident. You can make space for others AND take up space yourself. Your comfort matters too. Your voice matters too. Your ideas matter too. And most importantly, YOU matter. @she.shines.inc #Womenleaders #Confidence #selfadvocacy

Equal Pay Day moved BACKWARD in 2025 to March 25th, revealing a harsh truth: transparency without enforcement doesn't create equality. 60% of job postings now include salary information—up from just 18% in 2020—yet women still earn just 85 cents to a man's dollar. Even more disturbing? The gap is widening. Of 98 countries with equal pay laws, only 35 have implemented any accountability mechanisms. We're seeing the illusion of progress without the substance. True salary transparency requires action at every level: For individuals: - Share your salary information with "trusted" colleagues - Explicitly ask for pay ranges before interviews - Document salary discussions and decisions - Normalize compensation conversations in your workplace - Research industry standards using sites like Glassdoor and Payscale For managers: - Conduct regular pay equity audits in your teams - Establish clear compensation criteria based on skills and responsibilities - Remove salary history questions from your hiring process - Advocate for transparent promotion pathways For organizations: - Implement formal pay bands with clear progression criteria - Regularly publish company-wide gender and racial pay gap data - Create accountability mechanisms for addressing inequities - Train managers on recognizing and addressing unconscious bias in compensation decisions The data is clear: companies with meaningful transparency see pay gaps narrow significantly in the first year alone. But posting a salary range isn't enough if there's no accountability behind it. Let's move beyond performative transparency toward meaningful equity. Please share this post if you think salary transparency should come with real action. Joshua Miller #SalaryTransparency #PayEquity #Workplace

About a year ago, I created a comprehensive graphic comparing the major cloud providers. As I revisit it now, I'm struck by the rapid evolution of the cloud landscape. While each provider's core competencies remain largely unchanged, there have been some significant developments and emerging trends. Let's dive in! 1. 𝗧𝗵𝗲 𝗥𝗶𝘀𝗲 𝗼𝗳 𝗠𝘂𝗹𝘁𝗶-𝗖𝗹𝗼𝘂𝗱: Increasingly, businesses are adopting a multi-cloud approach, cherry-picking services from different providers to optimize costs, avoid vendor lock-in, and take advantage of each platform's unique offerings. This shift towards a more diverse and flexible cloud strategy is a testament to the growing maturity of the market. 2. 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗧𝗮𝗸𝗲𝘀 𝗖𝗲𝗻𝘁𝗲𝗿 𝗦𝘁𝗮𝗴𝗲: In response to the pressing need for environmental action, the big three cloud providers have all stepped up their sustainability efforts. From renewable energy initiatives to tools that help customers monitor and reduce their carbon footprint, the cloud is becoming greener. 3. 𝗧𝗵𝗲 𝗔𝗜/𝗠𝗟 𝗕𝗼𝗼𝗺: Artificial intelligence and machine learning have seen explosive growth, with each provider offering an expanding array of AI/ML services. These tools are becoming more user-friendly and accessible, democratizing AI and enabling businesses of all sizes to harness its power.     4. 𝗧𝗵𝗲 𝗘𝗱𝗴𝗲 𝗘𝘅𝗽𝗮𝗻𝗱𝘀: Edge computing has come into its own, with Azure Arc, AWS Outposts, and Google Anthos all seeing significant enhancements. This development is crucial for IoT, real-time data processing, and low-latency applications. As the intelligent edge continues to evolve, it's opening up exciting new possibilities. 🚀 5. S𝗲𝗿𝘃𝗲𝗿𝗹𝗲𝘀𝘀 𝗦𝗶𝗺𝗽𝗹𝗶𝗰𝗶𝘁𝘆: Serverless computing has been a game-changer, abstracting away infrastructure management and enabling developers to focus on writing code. Over the past year, serverless offerings have continued to mature, with improved tooling, easier integration, and more robust functionalities. As always, the "best" cloud provider is the one that aligns with your unique requirements, existing infrastructure, and long-term objectives. It's crucial to periodically reassess your cloud strategy to ensure it remains optimized for your evolving needs. I'm curious to hear your thoughts! What notable changes or trends have you observed in the cloud ecosystem recently?

Louder for the people at the back 🎤 Many organisations today seem to have shifted from being institutions that develop great talent to those that primarily seek ready-made talent. This trend overlooks the immense value of individuals who, despite lacking experience, possess a great attitude, commitment, and a team-oriented mindset. These qualities often outweigh the drawbacks of hiring experienced individuals with a fixed and toxic mindset. The best organisations attract talent with their best years ahead of them, focusing on potential rather than past achievements. Let’s be clear this is more about mindset and willingness to learn and unlearn as apposed to age. To realise the incredible potential return, organisations must commit to creating an environment where continuous development is possible. This requires a multi-faceted approach: 1. Robust Training Programmes: Employers should invest in comprehensive training programmes that equip employees with the necessary skills for their roles. This includes on-the-job training, mentorship programmes, online courses, and workshops. 2. Redefining Hiring Criteria: Organisations should revise their hiring criteria to focus more on candidates’ potential and willingness to learn rather than solely on prior experience or formal qualifications. Behavioural interviews, aptitude tests, and probationary periods can help assess a candidate's ability to learn and adapt. 3. Partnerships with Educational Institutions: Companies can collaborate with educational institutions to design curricula that align with industry needs. Apprenticeship programmes, internships, and cooperative education can bridge the gap between academic learning and practical job skills. 4. Lifelong Learning Culture: Encouraging a culture of lifelong learning within organisations is crucial. Employers should provide ongoing education opportunities and support for professional development. This includes continuous skills assessment and access to resources for upskilling and reskilling. 5. Inclusive Recruitment Practices: Employers should implement inclusive recruitment practices that remove biases and barriers. Blind recruitment, diversity quotas, and targeted outreach programmes can help ensure that diverse candidates are given a fair chance. By implementing these measures, organisations can develop a workforce that is adaptable, innovative, and resilient, ensuring sustainable success and growth.

Until yesterday, no company worth over $500B had ever gained more than 25% in a single trading day. Then came Oracle. In a move that defied both gravity and historical precedent, Oracle stock surged 40% today, adding over $300B in market cap overnight. The company now hovers just shy of the trillion-dollar mark, and Larry Ellison - armed with a 41% stake - woke up as the world’s richest man, suddenly $100 billion wealthier. Yes, Oracle. The perennial punchline of “legacy software.” The company most of us had filed away in the footnotes of tech history is suddenly the market’s cool kid. For those paying attention, this moment has been years in the making. Oracle’s pivot into cloud and AI wasn’t impulsive - it was deliberate, capital-intensive, and decidedly unsexy. They didn’t chase developer mindshare; they banked contracts. And those contracts just hit the ledger all at once. ➰ The Q1 revenue headline - $14.9B, up 12% YoY - wasn’t what lit the fuse. ➰ Even IaaS revenue at $3.3B, up 55% is strong, but not frenzy-worthy. ➰ The magic number was buried deeper: $455B in Remaining Performance Obligations (RPO), up 359% YoY. That’s nearly 8 times Oracle’s current revenue run-rate, a backlog so large it borders on the surreal. RPO isn’t a flashy number. It doesn’t trend on CNBC tickers. But in enterprise software, it’s gospel. It represents revenue already won but not yet recognized. In plain English: Oracle just told Wall Street, “We’ve already signed nearly half a trillion dollars’ worth of business. All that’s left is execution.” Oracle expects cloud infrastructure revenue which came in at $3.3B this quarter to hit $18B this fiscal year and ramp to $144B within four years. They noted that “most of the revenue in this forecast is already booked in our reported RPO”. It’s less of a forecast and more of a countdown at this point. The market isn’t just reacting to a quarter. It’s reacting to a company that rewired its DNA and is now producing receipts. In a space dominated by Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, Oracle carved out an edge not through branding or developer love, but through being the only one willing to say yes to what AI-native enterprises actually wanted: custom infrastructure, multi-cloud deployments, sovereign regions, long-term capacity, and massive scale contracts. What we witnessed today is the rarest thing in markets: a narrative inversion. Oracle went from legacy to legend not by shouting louder but by building slower, selling longer, and letting the numbers speak. The company that once stood for on-prem databases is now one of the most valuable cloud businesses in the world. TikTok and Twitter are obsessing over the ‘Great Lock-In’ without agreeing on what it means. Oracle just showed the only version that matters: half a trillion in contracts, signed and sealed. King of the Lock-In.

Friday marked exceptional volatility in precious metals markets, with gold falling ~12% and silver ~38% intraday — moves we rarely see outside of periods of acute market stress. The immediate catalyst was the nomination of Kevin Warsh as prospective #Fed Chair, which triggered broad profit-taking and renewed concerns around a potentially more hawkish policy path. Beyond the headlines, positioning and liquidity dynamics played a meaningful role in amplifying the sell-off. Our current view: #Gold: We do not see this as the end of the bull market. The broader monetary backdrop and structural demand drivers remain intact, and we do not expect a material shift in the Fed’s overall trajectory. In the near term, we believe consolidation in the USD 4,500–4,800/oz range is possible as positioning resets, but fundamentals remain supportive. Our mid-year target remains USD 6,200/oz. #Silver: Momentum had already begun to soften ahead of Friday’s repricing, despite strong ETF inflows and speculative interest that helped fuel last year’s rally. With volatility elevated and industrial demand facing potential headwinds, we believe it is still premature to establish long-term strategic exposure. For readers interested in the deeper analysis, my colleagues Wayne Gordon, Giovanni Staunovo, and Dominic Schnider expand on these themes in the detailed reports below.

100 families. 3D printed homes. $26 electricity bills in 100°F heat. Georgetown, Texas. Where 11 robots build what humans can't afford. Each Vulcan printer: 45 feet wide. Operates 24/7. Lays Lavacrete concrete like a massive 3D printer. Two homes completed every week. Families already moved in. First summer electricity bills arrived: $26. In Texas. In August. Think about that. The numbers that matter: ↳ Wall construction: $34/sq ft (was $150-200) ↳ Total savings: $25,000 per home ↳ Build time: 3 weeks (was 6 months) ↳ Zero weather delays Lennar, America's second-largest homebuilder, started with 2 robots. Now 11. They're doubling this neighborhood because families are lining up. Watch how it works: Lavacrete flows in precise layers. Creates curved walls impossible with wood. Thermal mass that laughs at Texas heat. Fire can't touch it. Mold can't grow. Hurricanes irrelevant. Traditional Building Reality: ↳ 65% of young adults priced out ↳ 30% materials wasted ↳ Endless weather delays ↳ Energy bills crushing families What 3D Printing Delivers: ↳ Homes under $400,000 ↳ Near-zero waste ↳ 300-year durability ↳ $26 monthly cooling But here's what stopped me cold: A young engineer moved his family here specifically for this innovation. His newborn daughter will grow up in walls built to outlast empires. Her monthly cooling bill throughout childhood: less than a single toy. Oolly Feekings, retired, opened her August bill expecting hundreds. Found $26. In her old colonial home, AC ran constantly. In printed concrete, the walls themselves keep her cool. The Multiplication Effect: 100 homes = working model 1,000 = builders switching 10,000 = prices dropping everywhere At scale = housing accessible again From 2 robots to 11 in two years. From experiment to expansion. From skepticism to sold out. Georgetown today. Your neighborhood tomorrow. We're not printing the future of housing. We're printing homes for people who need them now. Follow me, Dr. Martha Boeckenfeld for innovations solving real problems today. ♻️ Share if housing should be accessible, not impossible. #3DPrinting #AffordableHousing #Innovation

Nature's Hacks for Success. Biomimicry might sound complex, but it's simply about learning from nature to enhance our designs. It's like learning from the best teacher, Mother Nature herself. Defined by the Biomimicry Institute, this approach guides us toward sustainable solutions by mimicking perfected patterns and strategies found in nature. Nature has already solved many of our challenges. So, why not apply its genius to our packaging designs? It offers patterns and relationships that inspire better, eco-friendly packaging designs. Whether in structure or materials, designers can draw from nature's beauty, texture, and flow. We discover materials that are waterproof, breathable, flexible, and more. It's as if nature has already completed the heavy lifting of innovation, evolution, and adaptation for us. Think of the honeycomb structure in beehives, not only sturdy but also space-efficient. A great example of biomimicry in packaging design is the SIS bottle by Backbone Branding. Their designers draw inspiration from a flower's pistil to shape a two-litre juice bottle. The design not only stands out with its natural juice colour but also resolves many stacking, storage, and merchandising challenges through its interlocking form. Rooted in geometry with equilateral triangles, these bottles fit snugly together, saving space. Every aspect of the bottle, from its size and proportions to its lines and curves, has been carefully considered. Even the label has been specially designed to adhere to the bottle's irregular surface, eliminating the need for glue. Consider adding nature's strategy into your design process. It will help you close the loop and build a solution that resonates with the ecosystem we breathe in. Biomimicry enables us to develop sustainable systems rather than short-lived, isolated solutions that may soon become outdated. One thing's for sure, we stand at a crucial juncture in human history. The challenges ahead demand designers and innovators capable of creating resilient, adaptable solutions. Our path forward must consider the well-being of future generations across the planet. We must continually draw inspiration from nature and reciprocate by nurturing and preserving it. In doing so, we'll not only enrich our designs but also contribute to the greater ecosystem. Let nature continue to inspire us, and in return, let's contribute to its well-being A cycle of respect and reciprocity where our designs and actions reflect a deep reverence for the natural world. Ready to take a cue from nature's playbook for your next packaging design? 📷Backbone Branding