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Navegar por los aranceles y el comercio global
Además, inversiones en crecimiento impulsadas por el clima
by "Destacados de McKinsey" <publishing@email.mckinsey.com> - 08:25 - 10 May 2025 -
Understanding Labour Laws – The Employment Act 1955 (Amendment 2022) 11 & 12 June 25
Please call 012-588 2728
email to pearl-otc@outlook.com
HYBRID PUBLIC PROGRAM
UNDERSTANDING LABOUR LAWS –
THE EMPLOYMENT ACT 1955 (AMENDMENT 2022)
(** Choose either Zoom OR Physical Session)
Remote Online Training (Via Zoom) &
Dorsett Grand Subang Hotel, Selangor (Physical)
(SBL Khas / HRD Corp Claimable Course)
Date : 11 Jun 2025 (Wed) | 9am – 5pm By Suraiya
12 Jun 2025 (Thu) | 9am – 5pm .
. .
OBJECTIVES:
At the end of this program, participants should be able to achieve the following objectives:
- To understand the different section of the Employment Act 1955 including the latest amendment 2022.
- To know how to apply the law in the workplace
- To know better the right of employers and employees
- To understanding the responsibility of employers and employees according to the laws.
METHODOLOGY:
This program is essentially participative. There will be group interaction and lectures.
WHO SHOULD ATTEND:
General Manager, Manager, Head of Department / Division, Human Resources Manager or any personnel who has human resource functional responsibility and Supervisor
OUTLINE OF WORKSHOP
Module 1 - Introduction
1. Objectives of the ACT
2. Scope
3. Definitions of employee, employer, contract of services etc.
4. Contract of Service
4.1. Contracts of service that must be in writing
4.2. Provisions of contracts of service that must be in writing
4.3. Restrictions on contracts of service
4.4. Termination of contract of service
4.4.1. Normal Termination
4.4.2. Termination for Special Reasons
4.4.3. Breach of Contract
Module 2 – Wages and Deductions
5. Wages
5.1 Payment of wages.
a) Wage Period.
b) Calculation of wages for incomplete month’s work (NEW)
c) Time of Payment.
d) Payment of Wages on the Day of Termination.
e) Payment of Wages before the 3rd Day after the Termination.
f) When Written Statement of Wages Must Be Given to the Employees.
5.2 Advance (Loan)
a) Types of Advances Allowable Under the Law.
b) Advances Must Be Approved by DG.
5.3 Deductions from wages
a) Deduction without the Request or Consent of the Employee.
b) Deduction at the Request of the Employee.
c) Deduction at the Request of the Employee and Written Approval from the DG.
d) Total Deductions Allowable.
5.4 System of payment of wages
a) Wages Must Be Paid Through an Account at the Bank and financial institute. (NEW)
b) Employee Can Recover in the Court the Part of the Wages That Have Not Paid Through a Bank Account.
c) Wages Can Be Paid in Legal Tender or by Cheque with Written Request of Employee. (NEW)
d) Employer Has to Obtain Approval from the DG to Pay Wages for employees in Legal Tender or by Cheque. (NEW)
e) Employers Cannot Receive Any Discount or Interest in Respect of Advances that do not exceed a month’s Wages.
5.5 Priority of wages
5.6 Liability of Contractors and Principals
Module 3 – Pregnancy and Maternity and Domestic Servants
6. Pregnancy and Maternity
6.1 Maternity protection
a) The entitlement of Maternity Leaves and Maternity Allowance
b) Understanding the words “confinement”, “children”, eligible period”
c) Start work early during maternity.
d) Restriction on termination of female employee.
e) Protection from termination for pregnant employee. (NEW)
7. Domestic Employees
a) Termination of contract
b) Employment of foreign domestic employee
c) Duty to inform Director General of Labour.
Module 4 – Benefits
8. Benefits Under the Law
8.1 Rest Days
a) The interpretation of ‘day’.
b) How to calculate working on rest day.
c) Overtime on rest day.
8.2 Hours of Work and Working at Night
a) The definition of hours and how to define 45 hours a week.
b) Overtime and its calculation.
8.3 Paid Public Holidays
a) What are the compulsory public holidays and number of days entitle by the employees?
b) Can an employee work on public holiday and how to calculate the payment?
c) How to replace the public holiday with another day?
d) Overtime on public holidays.
8.4 Paid Annual Leave
a) What is the entitlement for annual leave and when do they entitle to apply for the leave?
b) ‘The employer shell grant and the employee shell take…’
8.5 Paid Sick Leave and Hospitalization Leave
8.6 Paid Paternity Leave and its entitlement
8.6 Ordinary Rate of Pay (ORP)
a) How to calculate ORP for monthly, weekly, daily or hourly rate.
8.7 Rate of Payments for Working on Rest Day, Public holidays and Overtime
Module 5 – Terminations, Foreign Employee and Sexual Harassment
9. Termination, Lay-off and Retirement Benefits
a) Who entitled to the termination benefits?
b) How to calculate the benefits and when to pay them?
10. Foreign Employees
a) What are the rules and regulation that an employer has to follow when they employed a foreign worker?
11. Flexible Working Arrangement. (NEW)
12. Discrimination in employment and how to handle it.
13. Sexual Harassment – Part XVA
a) What are the responsibilities of an employer to investigate?
b) What are the responsibilities of The Director General of Labour to investigate a complaint?
c) Notice on Sexual Harassment (NEW)
14. Court Order for Payments Due to Employee. (NEW)
15. Force Labour. (NEW)
16. Presumption as To Who Is an Employee and Employer. (NEW)
** Certificate of attendance will be awarded for those who completed the course
ABOUT THE FACILITATOR
MS. SURAIYA
FIELD OF EXPERTISE
With the Degree of Bachelor of Art in Southeast Asia Studies (UM), she has vast experience in the field of Human Resources Management and Labour Laws for almost 30 years and currently she is Deputy Director of Labour Standards, Labour Standards Division. Besides that, she also a Certified Trainer from HRDC.
She is an experienced trainer in the subject matter as she is a hands-on practitioner. Many cases that she shares with her participants are often real-life examples and solutions that she had encounter during she career as Assistance Director, Principle Assistance Director and State Director and now as Deputy Director in Department of Labour Peninsular Malaysia, Putrajaya.
She is also exposed to the international Labour / Employment Issues where she served two and half years as Counsellor of Labour in High Commission of Malaysia in Singapore. During her service in Singapore she has given talks to Chinese Chamber of Commerce in Singapore and given advice to the private companies in Singapore about Employment Act 1955 in Malaysia.
With her experiences in Malaysia and Singapore, she has developed and delivered many training programs to in house and public such as Employment Act 1955, Managing Discipline and Misconduct, Handling Misconduct and Dismissal – Domestic Inquiry, Managing Stress and Counseling at Work Place, Handling Misconduct - Sexual Harassment at Work Place, Industrial Relations Act 1967 and Payroll Administration.
Among the many well-established organizations that have benefited from her expertise are Jabatan Tenaga Kerja (JTK), Stamford College, Singapore Chinese Chamber of Commerce, INPRIM Melaka, Kesatuan Sekerja, TM Melaka, Kebangsaan Pekerja-Pekerja Simen Semenanjung Malaysia, Kesatuan Pekerja-Pekerja UMW, Western Digital, UTP and others.
WORKING EXPERIENCES
1. Assistant Director of Labour at Perak and Putrajaya,
Duration: 1993-2008
2. Principle Assistant Director, Industrial Relations Department, Perak
Duration: 2008-2011
3. Director, Industrial Relations Department, Sarawak
Duration: 2011-2013
4. Counsellor of Labour, High Commission of Malaysia, Singapore
Duration: 2013 - 2015
5. Director, Labour Department, Melaka
Duration: 2015 - Feb 2019
6. Principle Assistant Director, Legal and Enforcement Division, JTKSM Putrajaya
Duration: Feb 2019 - 2021
7. Deputy Director, Labour Standards Division, JTKSM Putrajaya
Duration: Feb 2021 - Now
(SBL Khas / HRD Corp Claimable Course)
training Fee
14 hours Remote Online Training (Via Zoom)
RM 1,296.00/pax (excluded 8% SST)
2 days Face-to-Face Training (Physical Training at Hotel)
RM 2,250.00/pax (excluded 8% SST)
Group Registration: Register 3 participants from the same organization, the 4th participant is FREE.
(Buy 3 Get 1 Free) if Register before 4 Jun 2025. Please act fast to grab your favorite training program!We hope you find it informative and interesting and we look forward to seeing you soon.
Please act fast to grab your favorite training program! Please call 012-588 2728
or email to pearl-otc@outlook.com
Do forward this email to all your friends and colleagues who might be interested to attend these programs
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Thanks
Regards
Pearl
by "sump@otcmsb.com.my" <sump@otcmsb.com.my> - 06:55 - 10 May 2025 -
Quick question about your steel material needs?
Dear Info ,
This is Hank from X-Metal Materials. We've recently helped similar clients optimize their stainless steel procurement with:
• Custom thickness solutions (0.2mm-12mm)
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WhatsApp: +86 18316490047
Export Manager | X-METAL
by "Daten Siebenlist" <datensiebenlist@gmail.com> - 01:15 - 10 May 2025 -
Collaboration Opportunity in HVAC Solutions
Dear Info,
I hope this message finds you in good health.
My name is Wisnosky Barash, and I am the Foreign Trade Sales Manager at Haojin Oubo Technology Co., Ltd. We specialize in manufacturing high-quality commercial air conditioning systems (HVAC), particularly for cleanrooms, hotels, hospitals, and shopping malls. OBAIR, our brand, is recognized as a leading name in China, with esteemed partnerships including Huawei, BYD, and Samsung.
As we aim to expand into Southeast Asia, I believe our solutions align perfectly with your business needs. Our production lead time is 15 to 25 days, ensuring timely fulfillment of orders. We are committed to competitive pricing, quality products, and outstanding customer service, with prompt responses and on-time delivery.
Attached is our product catalog for your review. I would be delighted to discuss how we can collaborate to meet your HVAC requirements.
Thank you for considering this opportunity. I look forward to your response.
Best regards,
Wisnosky Barash
Foreign Trade Sales Manager
Haojin Oubo Technology Co., Ltd.
by "Wisnosky Barash" <barashwisnosky@gmail.com> - 07:52 - 9 May 2025 -
Re:
Hello,
I’m writing to follow up. Since I haven't received a reply, I assume
you are either busy and haven't had a chance to reply.
May I send you a 2025 quote & Price?
Thank You…!!
From: Warren park
Sent: Wednesday, April 10, 2025, 11:23 AM
To: Warren park <Warrenpark875@outlook.com>
Subject: Re: Service Estimate**?Hi,I was going through your website, and I personally see a lot of potential in your website and business.It will show you exactly what needs to be done to move you up in the rankings dramatically.Kindly let me know if you are interested, and then I would like to send you SEO packages and a price list.Thanks,[Warren]Business Executive || SEO Expert
by "Warren park" <Warrenpark875@outlook.com> - 08:31 - 9 May 2025 -
Violet from Guangzhou Xujohn Bio-Technique Co., Ltd
Dear Friend ,Hello there! I’m Violet from Guangzhou Xujohn Bio-Technique Co., Ltd! , and I must say, it’s a pleasure to meet you in the fabulous world of cosmetics and skincare!Now, I know what you’re thinking: “Another email about skincare? Yawn!” But hold on to your serums because we’re not just any run-of-the-mill factory. We’re like the superheroes of skincare, swooping in with high-quality products that even your skin will thank you for! ?♀️At XuJohn, we take our skincare game seriously—so seriously that we’ve got GMPC and ISO22716 certifications to prove it! We’ve also passed BSCI, SEDEX, and social responsibility audits, which means we’re not just good at making products; we’re good at being good!Our main markets are Europe and the United States, but we’re ready to spread our skincare magic worldwide. And guess what? We offer a full range of customized services! So whether you need a moisturizer that feels like a hug for your face or a serum that makes you look like you just stepped off a magazine cover, we’ve got you covered!If you have any cosmetic needs or just want to chat about the latest trends in skincare, don’t hesitate to reach out. I’m just an email away, and I promise I won’t bite—unless it’s a chocolate bar!Looking forward to some skin-credible conversations!Sincerely,VioletGuangzhou Xuzhuang Biotechnology Co., Ltd.Your Partner in Skincare Superheroism!
by "Menace Lutz" <lutzmenace@gmail.com> - 07:41 - 9 May 2025 -
Can US utilities meet surging demand for energy?
On McKinsey Perspectives
A new era for energy Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms
Welcome to the latest edition of Only McKinsey Perspectives. We hope you find our insights useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.
—Alex and Axel
•
Power up. The US stands at the threshold of a new era for energy demand that will both challenge the system and create opportunities for growth and innovation. Over the past four years, rising demand—primarily from reindustrialization, an AI-driven boom in data centers, and accelerating electrification—has reshaped the industry. This has sparked the first sustained load growth in nearly two decades. US power demand is projected to rise by more than 3% annually through 2040, McKinsey Senior Partners Adam Barth and Humayun Tai and their coauthors say.
•
Tackling the issues. The US energy sector must address six key issues, including potential supply shortages, to meet rising demand. One way to do so is through technology investment. While existing technologies—such as demand response programs, energy efficiency programs, and front-of-the-meter storage—can improve the grid considerably, they aren’t being deployed at scale. Consider three solutions to help energy sector leaders address critical challenges, and explore the full collection, America at 250, to gain more insights as the country nears a milestone birthday.
—Edited by Belinda Yu, editor, Atlanta
This email contains information about McKinsey's research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy.
You received this email because you subscribed to the Only McKinsey Perspectives newsletter, formerly known as Only McKinsey.
Copyright © 2025 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:24 - 9 May 2025 -
电表
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by "Lari Lli" <larilli416@gmail.com> - 09:24 - 8 May 2025 -
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by "sales6" <sales6@welldoneelectronics.com> - 02:32 - 8 May 2025 -
Messaging Patterns Explained: Pub-Sub, Queues, and Event Streams
Messaging Patterns Explained: Pub-Sub, Queues, and Event Streams
What happens when the downstream service is overloaded? Or slow? Or down entirely?͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ Forwarded this email? Subscribe here for moreLatest articles
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Modern software rarely lives on one machine anymore. Services run across clusters, web applications are dynamically rendered on the browser, and data resides on a mix of cloud platforms and in-house data centers.
In such a scenario, coordination becomes harder, latency becomes visible, and reliability is crucial. In this environment, messaging patterns become a key implementation detail.
When two services or applications need to talk, the simplest move is a direct API call. It’s easy, familiar, and synchronous: one service waits for the other to respond. But that wait is exactly where things break.
What happens when the downstream service is overloaded? Or slow? Or down entirely? Suddenly, the system starts to stall: call chains pile up, retries back up, and failures increase drastically.
That’s where asynchronous communication changes the game.
Messaging decouples the sender from the receiver. A service doesn’t wait for another to complete work. It hands off a message and moves on. The message is safely stored in a broker, and the recipient can process it whenever it's ready. If the recipient fails, the message waits. If it’s slow, nothing else stalls.
However, not all messaging systems look the same. Three main patterns show up frequently:
Message Queues: One producer, one consumer. Tasks get processed once and only once.
Publish-Subscribe: One producer, many consumers. Messages fan out to multiple subscribers.
Event Streams: A durable, replayable log of events. Consumers can rewind, catch up, or read in parallel.
Each pattern solves a different problem and comes with trade-offs in reliability, ordering, throughput, and complexity. And each maps to different real-world use cases, from task queues in background job systems to high-throughput clickstream analytics to real-time chat.
In this article, we will look at these patterns in more detail, along with some common technologies that help implement these patterns.
Core Concepts...
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by "ByteByteGo" <bytebytego@substack.com> - 11:35 - 8 May 2025 -
Unlock the full potential of your ZIP code data
Unlock the full potential of your ZIP code data
Extracting actionable business insights from zip codes, the right tool for your zip code analysis, update on US zip code boundaries, update on the UNLOCODEs database, and Monthly changes.👋 Hi there! In this edition of The Geodata Insider, I'm sharing two blogs to help you get more value from your zip code data—first with smarter analysis, then by choosing the right tools. I believe you'll find these useful!
Your feedback matters
Help us tailor our newsletter to you. Take 1 minute to share your opinions and get more relevant insights each month.
3:00 minute read
📈 Extracting actionable insights from zip codes
🛠️ Choose the right tool for your zip code analysis
🗽 Major zip code boundaries update in the USA
⛴️ Update on the UNLOCODEs database
🔎 Monthly changes
🏔️ Norway's coast: A cartographer's nightmare
Extracting actionable insights from zip codes
Learn how to clean your zip code data, choose the right mapping approach, and leverage visualization tools for actionable business insights.
Choose the right tool for zip code analysis
Discover how platforms like Power BI, Tableau, or CARTO can help you clean, map, and visualize your zip code data.
Major zip code boundaries update in the USA
A full country update will be rolled out soon, affecting over 30,000 polygons across the USA. As usual, all shapes are perfectly matched and available in high resolution and visualization precision.
Update on the UNLOCODEs database
The Enhanced UNLOCODEs database includes the latest official update of 12 core columns. We have also enriched them with recommended corrections and links to real cities and regions.
Monthly changes
In April, we updated 12,536 rows in our postal database.
Full Postal & Street updates
Sweden, South Korea
Postal database patches
(small changes)
Canada (Postcodes)
Ireland (Administrative Divisions)
Italy (Postcodes)
Kyrgyzstan (Administrative Divisions name change)
EswatiniPostal boundary updates
United States of America
Postal boundary patches (small changes)
Albania, Armenia, Azerbaijan, Bahrain, Belarus, Brunei, Colombia, Costa Rica, Cyprus, Czechia, El Salvador, Faroe Islands, French Polynesia, Greece, Guadeloupe, Japan, Jordan, Kiribati, Malaysia, Malta, Mexico, Moldova, Myanmar, New Zealand, Palestine, Paraguay, Peru, Philippines, Qatar, Russia, Saudi Arabia, South Africa
Administrative boundaries patches (small changes)
Germany, United Kingdom, Malaysia
For a detailed changelog, take a look at the CSV file.
Norway's coast: A cartographer's nightmare
Welcome to the coastline paradox—a geographic brain teaser where the length of a coastline depends entirely on how closely you measure it.
Take Norway. If you measure its jagged coast with a 100 km ruler, you'll get around 25,000 km.
But switch to a 1 km ruler, and suddenly, it stretches beyond 100,000 km. That's longer than the equator!
Why? Norway's coast is full of nooks, crannies, and fjords. The smaller the measurement unit, the more detail you capture—and the longer the coastline becomes.
This occurrence isn't a math error—it's just nature being delightfully complicated.Follow us on LinkedIn for more geographical facts like this!
Kind regards,
Jerome & the GeoPostcodes team
PS: Interested in previous Monthly Product Updates? Read here.
GeoPostcodes, Bld Bischoffsheim 15, 1000 Bruxelles, Belgium
by "Jérôme from GeoPostcodes" <jerome@geopostcodes.com> - 06:45 - 8 May 2025 -
88%—It’s how much IDC says we help lower downtime.
New Relic
May 2025IDC names New Relic an observability leader in Europe. The first-ever IDC MarketScape: European Observability Market 2025 Vendor Assessment names New Relic a leader in strategic vision and capabilities. Download the report to see how our customisable platform helps leading European organisations break down silos, streamline operations, and deliver exceptional digital experiences.
Read the report New Relic University Observability Workshop Series We're excited to offer a series of 90 minute online workshops designed to enhance your skills and get you ready for securing the New Relic Certification of your choice. Whether you’re a seasoned professional or just starting your observability journey, our courses are designed to propel your career forward with New Relic and observability.Register now How Do AI and Observability Redefine Application Performance? In this episode of the Tech Transformed podcast, Manesh Tailor, EMEA Field CTO speaks with Kevin Petrie, Vice President of Research at BARC about the intersection of artificial intelligence (AI) and observability, and how this is positively changing business operations.
Listen here AWS Summits EMEA
We're thrilled to announce our participation in the upcoming AWS Summits happening in multiple cities across Europe and beyond! Here's where you can catch us.- Dubai, Wednesday 21st May
- Stockholm, Wednesday 4th June
- Hamburg, Thursday 5th June
- Madrid, Wednesday 11th June
We'll be showcasing our latest innovations, hosting engaging demos, and offering valuable insights into how New Relic can empower your cloud journey on AWS.
Don't miss this opportunity to connect with us and explore the future of observability and performance monitoring in the cloud!
Intelligent Observability for Business Uptime
Amidst the high cost of IT outages—up to $1.9M per hour—every minute of downtime matters. Watch our product experts cover six new innovations for increasing uptime. Watch on-demand.
New Relic Now+ On-demand
Catch up on-demand for the launch of Intelligent Observability and 20+ AI-driven innovations that redefine how IT and engineering teams power digital business. Watch here.
Speed meets precision: Watch Duty's real-time data model in wildfire emergencies
Powered by 200+ volunteers, Watch Duty delivers real-time wildfire alerts to millions of users, helping communities stay safe. Learn how their small team uses data to scale life-saving action. Learn more.
Simplify instrumentation and data management with New Relic Control
Managing observability at scale just got easier with New Relic Control—the first comprehensive observability control plane. Centrally manage agents, fleets, and telemetry all in one unified platform. Learn more.
Best answers from the Support Forum
Find curated answers from some of your most recent questions, located on the Support Forum. From Kubernetes and logs, to dashboards and queries, this trove might have the solution for you. Dive in now.
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by "New Relic" <emeamarketing@newrelic.com> - 05:14 - 8 May 2025 -
Be inspired by FairPrice Group at the Agentforce World Tour Broadcast | 29 May
Be inspired by FairPrice Group at the Agentforce World Tour Broadcast | 29 May
Learn how Agentforce can unlock a digital labour force for your business.Learn how Agentforce can unlock a digital labour force for your business.29 May 2025
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by "Salesforce Events" <aseanevents@salesforce.com> - 03:02 - 8 May 2025 -
Leading authentically in turbulent times
On McKinsey Perspectives
Key characteristics Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms
Welcome to the latest edition of Only McKinsey Perspectives. We hope you find our insights useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.
—Alex and Axel
•
Professional and personal. Today’s public sector leaders are facing turbulent times. How can they lead authentically and effectively in an uncertain world? McKinsey’s research and vast experience counseling seasoned leaders indicate their main struggle is often personal: about who to be, not what to do. According to McKinsey Senior Partners Ramesh Srinivasan and Scott Blackburn and their coauthors, leaders struggle to balance being both authentic and approachable, humble and confident, and vulnerable and resilient.
•
Effective leadership. The most effective leaders use an “inside out,” human-centric approach that focuses on leading themselves and others. One aspect of this approach is humility: The best leaders know that they don’t have all the answers, listen actively, and aim to expand their understanding (for instance, through peer networks). Discover four qualities of effective leaders, and take a brief quiz—adapted from McKinsey’s Journey of Leadership self-assessment—to evaluate how well you’re putting the behaviors of human-centric leadership into practice. And for more ideas as America approaches a big birthday, visit our new series America at 250.
—Edited by Belinda Yu, editor, Atlanta
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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:40 - 8 May 2025 -
Inquiry about Electrical low voltage components
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by "Ynae Ravanelo" <ynaeravanelo@gmail.com> - 11:20 - 7 May 2025 -
Factory price Bathroom products for you
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by "Harikrishnan Caruso" <harikrishnancaruso613@gmail.com> - 03:37 - 7 May 2025 -
Affordable housing creates economic opportunity
Re:think
The affordable housing opportunity FRESH TAKES ON BIG IDEAS
ON AFFORDABLE HOUSING
Bridging the affordable housing gap and spurring economic mobility
JP JulienHousing is the biggest line item in families’ household budgets, with some spending more than half of their income to own or rent a place to live. It is often a family’s greatest source of wealth, too. But unfortunately, housing acts as a barrier instead of a gateway for far too many.
Quality housing that is affordable enables access to everything that supports economic mobility: public education, transit, employment opportunities, and physical and mental well-being, to name a few. Housing is also fundamental to having autonomy and a sense of belonging. Do families have a say about what happens to them? Are they part of a community, and do they feel valued? Housing is impossible to separate from economic mobility.
With this in mind, the McKinsey Institute for Economic Mobility examined the forces behind the 8.2-million-unit affordable housing gap in the United States, which, without action, could swell to 9.6 million units in ten years. The economic payoff from closing this gap is substantial: an estimated $2 trillion in additional output over ten years and 1.7 million new jobs. All Americans would share these benefits, but because Black Americans have been disproportionately burdened by the housing crisis, they would benefit in particular.
There are things that work to alleviate the crisis, but they happen in piecemeal and isolated ways. The push of this research was not to say, “What are the new ideas?” but rather, “What is working and what are ways to unlock barriers and help those solutions work even more effectively?”
We identified the following five documented and researched approaches—chosen from 80 that we studied—that could help alleviate the housing crisis and improve economic mobility: exploring creative incentives and partnerships to free up land, augmenting programs to unleash private capital, scaling off-site home construction, reinvesting in public housing and shared-equity models, and revamping housing-choice vouchers.
Let’s dive into zoning. It is well documented that changes in zoning have an impact on what is built, how much, how quickly, and at what cost. Solutions include creating more multifamily zoning and changing parking and lot-size requirements. On paper, these seem like easy fixes. But in practice, zoning can be incredibly challenging to change. The question is how to combine carrots and sticks to motivate jurisdictions to adopt more housing-friendly zoning solutions.“The economic payoff from closing the affordable housing gap is substantial: an estimated $2 trillion in additional output over ten years and 1.7 million new jobs.”
Another approach that stood out was off-site home construction, an idea that has been around for a long time. Modular construction, in particular, offers speed and cost-saving benefits. What was enlightening from the research was not the opportunity but rather the problem of well-meaning bureaucratic hurdles, including codes that differ from place to place that make it hard for off-site construction companies to scale production. This is an area where relatively small changes to the existing system could yield substantial gains to the cost and delivery of affordable housing.
Housing can sometimes feel like a wonky policy issue. And as such, it may not always get the airtime and attention that it warrants. But as American families know, housing is among the issues that we all deal with every day, in every community and part of the country. For change to occur, people must not lose sight of that.
Housing is a shared reality and challenge, but “zero sum” thinking has been hard to shake. While building affordable housing might be better for everyone, there are often entrenched perceived risks to neighborhood character, local traffic, and home values. This perception can impede action and create a sense of winners and losers.
But a mindset shift is possible. Housing is one of the truly universal challenges that all American communities are dealing with: rural and urban, Black, White, Latino, Asian, coastal, inland, young, and old. Solving this problem is urgent for the well-being of families everywhere and critical to unlocking the full potential of our economy. While it won’t be easy, progress is possible and necessary.
I believe that our nation can still do hard things. Systematically building and preserving more affordable housing will not be easy, but the return on investment is meaningful. Housing investments could put more Americans to work, support critical industries like the construction trades, and allow more families to invest in other products and services that improve their odds of achieving economic success.
Will the solutions we examined bridge the entire affordable housing gap? No. But reimagining and scaling them could create a better path to economic mobility for millions of Americans. If the nation commits to solving the crisis more holistically, it could do some real good.ABOUT THIS AUTHOR
JP Julien is a partner in McKinsey’s Philadelphia office and leader within the McKinsey Institute for Economic Mobility.
MORE FROM THIS AUTHOR
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Alex Camp on corporate culture
How do leaders measure their business cultures’ impact and make the best parts of them stick? Instead of relying on the informal transfer of rules, they should be intentional about culture.
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by "McKinsey Quarterly" <publishing@email.mckinsey.com> - 02:28 - 7 May 2025 -
Enhance Your Operations with Our High-Quality Valves
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by "Shamira Gem" <shamiragem146@gmail.com> - 12:06 - 7 May 2025 -
The future of growth: Get the latest issue of the McKinsey Quarterly
Read today The third of four special issues celebrating the 60th birthday of McKinsey Quarterly, “The future of growth,” explores a powerful question: how can companies achieve sustainable, long-term growth—even in uncertain times?
In “The next big arenas of competition,” McKinsey’s Chris Bradley, Michael Chui, Kweilin Ellingrud, Michael Birshan, and coauthors uncover the sectors that have historically captured outsize value—and those poised to lead in the years ahead. You’ll also find a five-pronged leadership approach to outperform, the role of shifting global demographics in shaping productivity, and other insights that together provide a holistic blueprint for consistent growth.
Since 1964, the McKinsey Quarterly has brought our firm’s most distinctive, cross-cutting insights to global executives. We’re delighted to continue a yearlong celebration commemorating the Quarterly’s 60th birthday with this third issue. Sign up for a free digital Quarterly membership today and unlock access to “Q60,” a yearlong series. Here’s what you’ll get:
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Q60 special issues: Dive deep into themes shaping the future of business, with each issue dedicated to a critical topic.
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Bonus digital offerings: Engage with special interactive features and explore compilations of timeless Quarterly classics, many of which were available only in print until now.
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Immersive digital reading experience: Enjoy each Quarterly issue online.
And don’t miss the newly released interactive timeline “Revolutionary innovations propelling growth” for eight breakthroughs that are likely to drive growth in the years ahead.
A membership to the digital edition of the McKinsey Quarterly also includes downloads of more than 100 reports in The McKinsey Insights Store as well as access to previous digital issues of the Quarterly.
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by "McKinsey & Company" <publishing@email.mckinsey.com> - 10:21 - 7 May 2025