Survey: Virtual work takes a toll on execs

5 steps to managing crisis communications | Bumble CEO is youngest woman to take US firm public | Sephora picks 8 BIPOC brands for Accelerate program Created for {EMAIL} | [Web Version]( February 18, 2021 CONNECT WITH NEW  [LinkedIn]( [Facebook]( [Twitter]( €‰ [NEW SmartBrief]( [NEW SmartBrief]( Gender equality news for retail, CPG, financial services and tech [SIGN UP]( â‹… [SHARE]( ADVERTISEMENT Top of the week [] [Survey: Virtual work takes a toll on execs]( A majority of business leaders are in danger of burnout, and only 20% rate themselves effective as remote leaders, according to a Development Dimensions International survey of executives and HR professionals. "There are clear signs that the pandemic will lead to serious retention issues because leaders who are feeling burnout are nearly four times more likely to leave their positions within the next year," says Stephanie Neal, director of DDI's Center for Analytics and Behavioral Research. Full Story: [Forbes (tiered subscription model)]( (2/17) [LinkedIn]( [Twitter]( [Facebook]( [Email]( It’s time to take humor seriously Based on the popular class at Stanford Graduate School of Business, by authors Jennifer Aaker and Naomi Bagdonas, Daniel Pink calls the new book Humor, Seriously "The ultimate guide to using the magical power of funny as a tool for leadership and a force for good." [Learn more](. ADVERTISEMENT [] Leading During a Crisis [] [5 steps to managing crisis communications]( Internal communication executive Jacek Lawrecki offers a five-step checklist to help executives manage communications during an unexpected crisis, emphasizing planning, defining priorities and soliciting in-house help. "Be honest, answer questions and be there for your people -- employees, your clients, vendors and journalists. They will appreciate it," he writes. Full Story: [Ragan]( (2/11) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Bumble CEO is youngest woman to take US firm public]( Bumble, a dating service in which women are required to make the first move, sold shares for $43 in its initial public offering, but demand from investors pushed the price up to $76, raising $2.2 billion for the company. CEO Whitney Wolfe Herd is the youngest female CEO in the US to lead a company though its IPO. Full Story: [Reuters]( (2/12), [Good Morning America]( (2/12), [Reuters]( (2/11) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Sephora picks 8 BIPOC brands for Accelerate program]( Sephora's 2021 Accelerate incubator program will feature eight beauty brands founded by Black women, Indigenous women and women of color. The move is the latest by the retailer in its ongoing effort to fight systemic racism, which also included an earlier pledge to ensure that Black-owned beauty brands make up 15% of its assortment. Full Story: [Refinery29]( (2/9), [Forbes (tiered subscription model)]( (2/9) [LinkedIn]( [Twitter]( [Facebook]( [Email]( 2021 Foodservice Innovation Awards Have you started your entry for The SmartBrief Innovation Awards for Foodservice? Winners are selected by a panel of judges comprised of SmartBrief editors and executives of well-known organizations and brands in the foodservice industry. [Enter today!]( ADVERTISEMENT [] SmartBrief Originals [] - [Consumers continue to focus on sustainability, waste reduction through COVID-19]( SmartBrief/Food & Travel (2/17) [] - [2021 is the year of familiar, healthy, daring flavors]( SmartBrief/Food & Travel (2/8) [] - [Restaurants vs. retail: Breaking down consumers' plant-based appetites]( SmartBrief/Food & Travel (2/4) See emerging commerce trends. [Join us on March 3rd]( to hear the most surprising insights from Salesforce's State of Commerce report, as we reveal trends from nearly 1,400 commerce leaders and 1 billion customers. [Register for the webinar]( ADVERTISEMENT: Sponsored content from The Wall Street Journal Free to read exclusively for SmartBrief readers - [Forget Positive Thinking: How Sweatpants Managers Can Stay Motivated]( - [Take the Guilt Out of Takeout]( - [Tech That Will Change Your Life in 2021]( - [The Lies We Tell During Job Interviews]( - [Fitness and Workout Secrets From Pandemic Overachievers]( [] Diversity & Inclusion Trends [] [More female execs needed to close gender pay gap]( Female executives still earn less than their male counterparts, according to a Morningstar analysis of companies in the Russell 3000 index. Researchers found that the highest paid women received 84.6 cents per dollar male executives were paid in 2019, an increase from 81.5 cents in 2015, and researchers say more women need to be in executive roles to close the gap. Full Story: [Reuters]( (2/17) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Guterres: More women belong in science, technology]( United Nations Secretary-General Antonio Guterres said advancing gender equality when it comes to science and technology is crucial in a speech on the International Day of Women and Girls in Science. "Without more women in STEM [science, technology, engineering and mathematics], the world will continue to be designed by and for men, and the potential of girls and women will remain untapped," said Guterres. Full Story: [CGTN (China)]( (2/12) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Hallmark boss pledges more diversity]( Wonya Lucas, the new CEO of Hallmark parent Crown Media Family Networks, appeared at the Television Critics Association tour on Feb. 12 and then discussed diversity with The Hollywood Reporter. Lucas said that she wants "more representation" for people of different races and faiths, but has not established programming mandates. Full Story: [The Hollywood Reporter]( (2/16) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Walgreens Boots Alliance HR leader sets diversity goals]( Carlos Cubia, Walgreens Boots Alliance's senior vice president and global chief diversity officer, has created programs and policies aimed at improving diversity, equity and inclusion. Cubia says the company wants to increase the number of people of color in leadership jobs by 2% each year. Full Story: [Forbes (tiered subscription model)]( (2/11) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [] Start with what is right rather than what is acceptable. 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