FEI Weekly

May 21, 2018

91% of American businesses lack awareness around GDPR, using side gigs to save for retirement.

The True Cost of Avoiding a Trade War

Bloomberg

Questions remain about just how many more U.S. exports China’s promised to buy to avert a trade war: U.S. officials have floated the figure of $200 billion annually, which would cut the bilateral trade deficit in half. Even if that were true, however – and Chinese officials have denied it – that massive buying spree wouldn’t bring down the overall U.S. trade deficit one whit, according to Bloomberg.

91% of American Businesses Lack Awareness Around GDPR

Recode

The EU’s General Data Protection Regulation (GDPR) will take effect on May 25, 2018 and it's impact extends far beyond existing data protection measures and affects business of all sizes — from solopreneurs to the largest corporations. A recent survey found that 91% of American businesses lack awareness surrounding the details of the GDPR, while 84% don’t understand the GDPR’s implications for their specific business.

How BlackRock Prioritizes Diversity and Inclusion

Knowledge@Wharton

There’s ample evidence that diverse teams outperform homogenous teams by substantial margins. Jonathan McBride, managing director and global head of inclusion and diversity at BlackRock, is trying to put some hard numbers around the sense of belonging. Employees are surveyed with questions like: Do you feel like you belong here? In your team? In your global function? Do you belong in your country and do you belong in the firm?

Americans Are Turning to Side Gigs to Save for Retirement

CBS News

More than one in three American workers are using the "gig economy" to find full- or part-time work, and for roughly one-third of that group, the side gig is specifically aimed at increasing their retirement savings, according to a new study. 76% of those who were 55 or older cited retirement savings as their primary motivation. "Side hustles are becoming a way for people to fund retirement because they let people earn money based on what they can do and what they like to do," Richard Eisenberg, managing editor of Next Avenue, said. "For some people, that's easier than saving."

4 Tips to Improve Your Presentation Skills

Business.com

Consider implementing these techniques to master your presentation delivery. Burn off nervous energy by going on a run or walk the morning before a big presentation. Remember that the likelihood of your capturing and keeping your audience's attention hinges on the first 30 seconds of your presentation. Try opening with a story. Then, let the audience know what's in it for them. Last, finish confidently with a strong closing statement.