Business & Economics

Whether in mobile phones, data centers, or cars – microchips are everywhere, and ongoing shortages affect countless industries worldwide. To boost innovation in the United States, Joe Biden recently signed the $280bn CHIPS and Science Act 2022, of which a large part, $52.7bn, is earmarked for the semiconductor industry. What justifies such an enormous government investment in one industry?

The pandemic has changed the way we look at work and the workplace, challenging managers to create an environment where employees can – and want to – successfully perform. As the main architects of the work environment, it is the responsibility of leaders to help solve one of the most pressing organizational problems of our time: burnout.