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DeSantis-appointed board eliminating minority-based hiring, contracting at Disney World on August 1, 2023 at 6:19 pm Business News | The Hill

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The tourism board appointed by Florida Gov. Ron DeSantis to oversee Disney World and its complex announced Tuesday that it will abolish all of its efforts to pursue diversity, equity and inclusion (DEI) initiatives.

A release from the board said the initiatives “discriminated against Americans based on gender and race, costing taxpayers millions of dollars.”

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“The so-called diversity, equity, and inclusion initiatives were advanced during the tenure of the previous board and they were illegal and simply unamerican,” district administrator Glenton Gilzean said in a statement. “Our district will no longer participate in any attempt to divide us by race or advance the notion that we are not created equal.”

The Central Florida Tourism Oversight District, created earlier this year by law, replaced the previous members, who had been appointed by the company. The change in leadership sparked lawsuits between Disney and the state over DeSantis’s and the district’s authority.

Following the move, Disney sued the state, alleging that DeSantis was targeting the company because of its political opinions. DeSantis has since shot back, despite warnings from other Republicans.

DEI initiatives, including those that encourage government agencies to hire minority-owned contractors or hire more minority employees, have been a key target in DeSantis’s policy platform.

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A Florida bill this spring banned the practices at state universities.

DeSantis’s feud with Disney has been ongoing since the district board was replaced this spring. Disney initially criticized DeSantis for a bill he signed — branded as the “Don’t Say Gay” bill — that limits the teaching of gender and sexual orientation in schools. 

The canceled DEI programs at the district include a program that required contractors to hire a certain quota of women and minority employees. The statement claims the district had to pay millions more dollars in order to hire contractors that met those requirements.

​Business, News, Central Florida Tourism Oversight District, DEI, disney, Disney-DeSantis feud, diversity equity and inclusion The tourism board appointed by Florida Gov. Ron DeSantis to oversee Disney World and its complex announced Tuesday that it will abolish all of its efforts to pursue diversity, equity and inclusion (DEI) initiatives. A release from the board said the initiatives “discriminated against Americans based on gender and race, costing taxpayers millions of dollars.”…  

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6 Essential Productivity Hacks for Entrepreneurs

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Are you tired of feeling like your business is stuck in neutral? Well, buckle up, because we are about to share six secrets to help you shift into high gear and leave the competition in the dust.

1. Set Goals That Don’t Suck
Ditch those vague, lofty goals and get specific. What do you want to achieve? How are you going to do it? Write it down, make it happen.
  • Actionable Step: Write a goal that’s so specific, it’s almost boring. Then, create a task list that’s so detailed, you’ll wonder how you ever managed without it.
2. Prioritize Like a Boss
Use the Eisenhower Matrix to sort tasks into urgent vs. important. Focus on the stuff that’ll make a real impact, and delegate or eliminate the rest.
  • Actionable Step: Use a task management tool like Trello or Asana to prioritize tasks. Then, focus on the high-priority ones first, and delegate the rest to your team (or your cat, if that’s who you’re working with).
3. Leverage Tech to Your Advantage
Ditch the paper and pen, and get with the times. Use project management tools, accounting software, and marketing automation platforms to streamline processes and boost efficiency.
  • Actionable Step: Explore tools like Trello, Asana, or ClickUp. Integrate them with your accounting software (like QuickBooks) and marketing automation platforms (like Mailchimp). Then, sit back and watch your productivity soar.

4. Delegate Like a Pro
Don’t be a control freak (unless that’s your thing, in which case, carry on). Delegate tasks to your team, or outsource them to freelancers or agencies.
  • Actionable Step: Identify tasks that can be delegated or outsourced. Then, assign them to your team, or hire a freelancer/agency to do them for you. Voila! More free time for you.
5. Optimize Processes, Eliminate Waste
Analyze your processes, eliminate the waste, and implement efficient systems for tasks like customer service, inventory management, and marketing.
  • Actionable Step: Identify inefficient processes. Optimize them, and implement new systems to enhance productivity. Then, sit back and watch your business thrive.
6. Prioritize Self-Care (Because You’re Not a Robot)
Don’t neglect your physical and mental well-being. Schedule time for exercise, meditation, and self-care to maintain peak performance.
  • Actionable Step: Schedule a daily self-care session. Use it for exercise, meditation, or reading. Then, wonder how you ever managed without it.
So, there you have it – six strategies to help you boost productivity and efficiency in your small business. We hope you find this helpful!

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Saudi Arabia Says ‘Thank You, Next’ to the US Dollar

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Saudi Arabia is reportedly considering abandoning the US dollar for oil trade settlements, a move that could shake the foundations of the global financial system. For decades, the petrodollar system has propped up the dollar’s status as the world’s reserve currency, with Saudi Arabia insisting on dollar payments for its vast oil exports.

However, recent comments from Saudi officials hint at exploring alternatives to the dollar amid growing tensions with the US over various geopolitical issues and the rise of economic powerhouses like China.

Implications of a Petrodollar Shift

If Saudi Arabia abandons the petrodollar, the implications could be significant:

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1. Dollar Dominance Eroded: The dollar’s reserve currency status could weaken, potentially leading to a decline in its value.
2. Global Financial Instability: A sudden shift could trigger volatility in global markets as investors adjust portfolios.
3. Geopolitical Realignment: The move could signal Saudi alignment with China and challenge US economic hegemony.

Challenges and Uncertainties

While the prospect is significant, challenges remain:

1. Finding a suitable alternative currency with the dollar’s liquidity and stability.
2. Potential economic disruption for Saudi Arabia and trading partners.
3. Political backlash and strained relations with the US and allies.

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As the world watches, it remains uncertain whether Saudi Arabia’s comments signal a negotiating tactic or a profound shift in the global financial order.

 

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Are Babies the New Luxury Item?

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The declining birth rate is a global phenomenon, but Gen Z’s approach to parenthood is particularly striking. This generation, born between 1997 and 2012, appears to be grappling with the decision to have children in unprecedented ways, raising concerns about a potential “extinction by choice.”

One of the primary factors influencing Gen Z’s hesitancy towards reproduction is the escalating cost of living and financial burdens associated with raising children. According to a Newsweek survey, 53% of Gen Zers aged 18-24 expressed that they would consider having children if the financial burden were lessened. The staggering costs of childcare, education, and basic necessities have made the prospect of parenthood daunting for many young adults.

Like previous generations, Gen Zers are delaying parenthood, with many prioritizing education, career development, and financial stability before starting families. The average age of first-time mothers has risen from 24.9 years in 2000 to 27.1 years in 2020, reflecting this trend. Additionally, changing societal norms and a focus on personal freedom have contributed to a shift in priorities, with some Gen Zers opting for a childfree lifestyle.

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Gen Z’s heightened social awareness and concerns about global issues, such as climate change, political instability, and economic uncertainty, have also played a role in their decision-making process regarding parenthood. Many Gen Zers have expressed reservations about bringing children into an unstable world, further contributing to the declining birth rate.[2]

The lack of comprehensive family-friendly policies, such as affordable childcare, paid family leave, and workplace flexibility, has made it challenging for Gen Z mothers to balance work and family life. According to reports, Gen Z mothers are 2.5 times less likely than Millennial moms to have job flexibility and half as likely to have paid maternity leave.

While the declining birth rate among Gen Z is a complex issue with multiple contributing factors, addressing financial concerns, promoting work-life balance, and implementing family-friendly policies may help encourage sustainable population growth in the future. However, if the current trends persist, Gen Z’s hesitancy towards reproduction could have far-reaching implications for the future of societies and economies worldwide.

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