Intermediate

Visuals: Global Income Distribution

The World Social Report 2020, published by the UN Department of Economic and Social Affairs, shows that income inequality has increased in most developed countries and some middle-income countries, including China. Inequality is growing for more than 70 percent of the global population, exacerbating the risks of divisions and hampering economic and social development.

Have a look at the chart below and discuss what you see with your teacher.

Visuals: Consumer digital privacy

Digital privacy has come to the forefront of business news over the past five years. According to Gartner, a business research company, the combination of data ethics violations like the Cambridge Analytica scandal, and data breaches like Equifax, has led to increased sensitivity among consumers about what they share and how it is used.

Please have a look at the chart below and discuss what you see with your teacher.

The Dalai Lama on leadership

The Dalai Lama wrote an opinion piece for the Harvard Business Review about the importance of leadership and what makes a strong leader.

He says that the world is facing an emotional crisis where rates of stress, anxiety and depression are higher than ever. The focus on turning a profit often overrules a commitment to people and society. In organizations, he explains, people work closely together every day, but many feel lonely and stressed. This is because there is a lack of responsibility toward each other.

He advises leaders to be mindful towards each other, saying that the opposite of fear is trust, which boosts our self-confidence. Compassion also reduces fear, reflecting a concern for others’ well-being. He asserts that people are naturally driven by self-interest, but we need wise self-interest that is generous and cooperative, taking others’ interests also into account.

A strategy for early retirement

For many people retiring means hitting a certain age, usually above 65. It is associated with stopping one’s career and having grandchildren. Recently there has been a movement that changes the perspective on retirement. Retirement is not about how old you are, it is about a financial number you have.

This is what the Financial Independence Retire Early (FIRE) movement is about. The goal of this movement is to save and invest most of your income - about 50-75% - so that you can retire very early - in your 40s or even 30s. 

How do people do that?
In a nutshell, FIRE is about cutting your expenses down to the bare minimum and investing everything you save. The earlier you start, the more return you will gain. 

There are different types of FIRE:

Empathy and business transformation

According to The Harvard Business Review, studies on organizational change show that if you want to lead a successful transformation, communicating empathetically is critical. However, most leaders do not actually know how to do it. In fact, a survey of over 200 leading company executives found that 69% of respondents said that they were planning to launch or are currently conducting a change effort. Unfortunately, 50% of these same executives said they had not fully considered their team’s sentiment about the change.

Here are a few steps a leader must take to smoothen a transition:

Profile your audience at every stage. Change consultants typically advise leaders to create personas of various audiences when they kick-off a change initiative. Considering that people’s wants and needs will evolve throughout the process, managers should reevaluate these personas during every phase of the journey.

Roof gardens on taxis in Thailand

When the COVID-19 pandemic closed down tourism in Thailand, thousands of taxis were abandoned by their drivers. No tourists equals no taxis. Drivers lost their income and couldn't afford to pay the rental fees for their cars. Companies struggled to stay afloat. The Ratchapruk and Bovorn Taxi co-ops together ended up with 2500 (out of 3000) cars sitting idle in parking lots. The Thai government offered no financial support.

Faced with this situation, the Ratchapruk and Bovorn Taxi co-ops decided to join forces to create rooftop gardens on the idle taxis. They built bamboo frames and stretched black plastic bags over them. The frames were then filled with soil. Co-op staff have grown a variety of crops in these small gardens, including tomatoes, cucumbers and string beans. 

What is accent-ism?

It is not a secret that people might judge you by the way you speak. For example, if you sound confident, people might trust you. 

But for some people, it is also about what accent you have. Studies showed that people might link your accent to not only your place of birth, but also your personal characteristics. Some accents are perceived as "good" or "correct." Listeners think that the speaker is intelligent, honest and hard-working because of their accent. On the other hand, some accents are seen as something negative and needing correction, with speakers seen as less intelligent. Both positive and negative conclusions are stereotypes.

Farm-to-closet fashion

For $200, you can now invest in the eco-fashion label Christy Dawn. The label is selling "plots" in the organic, sustainable cotton farm in India that provides the raw materials for their clothing. At the end of the season, you're paid back with store credit. If the harvest is good, you might get back more than the initial $200 you invested. On the other hand, if it's a bad year for cotton, you could lose most or all of your money. 

Greg Lemond's quote on effort

Professional cyclist Greg Lemond said, "It doesn't get any easier; you just get faster."

Lemond is a 3-time winner of the Tour Dr France. He also won a great many other cycling races. He is considered by many to be the all-time greatest American cyclist. While other cyclists have been caught cheating via blood doping, Lemond was so strongly opposed to cheating that he quit his team when his teammates were found breaking the rules.

Cycling is an endurance sport, meaning effort matters as much as strategy. The Tour de France is so hard that in 1967 a race leader died from over-exertion. So when Lemond says it doesn't get easier, he's speaking from experience. 

Advice for effective parenting

Raising children can be challenging. Here are some helpful tips. If you don't have kids, then think about when you were a kid.  

First, praising a child’s accomplishments boosts their self-esteem.

Children develop their understanding of themselves through their parents’ attitudes. Everything counts: parents’ words, body language, voice. 

If you praise children for even small accomplishments, you will make them feel worthy and proud. If you trust your children to do things themselves, they will feel capable and strong. On the other hand, if you compare your child to others or belittle them, children might feel worthless and doubt themselves. 

Second, try to compliment more than you criticize 

Imagine you have a boss who always criticizes and never praises you even when you are trying really hard.

How to paint 50,000+ miles of lines

Without white and yellow lines on streets and roads, we wouldn't know where the lanes are, or where to turn or stop or walk, etc. Car accidents would be much more frequent, many with fatalities.

A specialized sector of the construction industry paints lane markings on roads. One company in Michigan, PK Contracting, estimates that one worker paints about 400,000 ft (122,000 m) of lines every day. Over the 6-month construction season, the company stripes and re-stripes about 50,000 mi (80,500 km) of roads. Put those markings end-to-end and you could cross America 16 times.

Visuals: forming musical tastes

Music can connect people everywhere. It can cross languages, countries and cultures. It can raise your mood, calm you down or give inspiration. But have you ever wondered when your music taste was formed?

A recent New York Times analysis of Spotify found out that the music we listen to when we are teenagers sets our musical preferences for the rest of our lives. 

That might explain why there is a generation gap in musical taste between parents and their children. It is difficult for parents to change their own musical tastes which were set years ago. Their children’s preferences, on the other hand, is still forming. 

Please have a look at the chart below. Discuss what you see with your teacher.

Tips on asking for a promotion

According to the Harvard Business Review, asking for a promotion can be nerve-wracking. How do you prepare for that conversation with your boss? What information should you have at the ready? And how exactly do you make your case?

The first step is to think through what you want. Do you want more power? More money? More managerial responsibility? Also, consider getting feedback from a personal "board of directors" on your strengths and weaknesses. Speak to peers to try to measure your reputation. Find out how others successfully pressed their cases for promotion. 

Once you’ve clarified exactly what you’re looking for, build a compelling case for why you deserve to move up. Consider preparing a one-or-two-page memo that clearly outlines your track record. The memo’s bullet points should provide metrics of the impact you’ve had, descriptions of solutions you’ve delivered, and financial outcomes for which you’ve been responsible.

Visuals: Vaccination inequality

Our world is unequal. The distribution of the vaccines shows that. Rich countries have more doses than they need, while poor countries can’t buy enough. The United Nations Development Programme (UNDP) says that this situation is slowing global economic recovery. Economists predict that low-income countries will lose at least $38 billion of their GDP in 2021 because of low vaccination rates. 

Low vaccination rates also put a lot of pressure on the healthcare systems of poor countries. Hospitals can’t treat other illnesses because of Covid.

The Director-General of the World Health Organization said that “Vaccine inequity is the world's biggest obstacle to ending this pandemic and recovering from COVID-19”.

Please have a look at the chart below and discuss it with your teacher.

Sell something: Mobile phone

New smartphones come on the market at least every year. Each model has its own pros and cons, giving that company the opportunity to beat out its nearest competitors for a share of the market. But it's a tough market! If you were going to introduce a new phone, you'd need to make it pretty special.

That's exactly the task required here: you and your teacher are going to come up with a new phone and create an ad that will persuade consumers to buy it.

Try to include two or more of the following power words:

  • hottest;
  • effortless;
  • daring;
  • savings;
  • attractive; and/or
  • phenomenal.

Millenium-old mochi shop in Japan

In the year 794, Naomi Hasegawa's family started Ichiwa, a mochi shop, next to the Imamiya Shrine in Kyoto to feed pilgrims who had traveled to pray for pandemic relief. Over a millenium later, the shop still sells mochi to people struggling with a pandemic. How has it survived so long, through pandemics, wars, natural disasters, and the rise and fall of empires? By putting tradition and stability over profit and growth. 

The emphasis at Ichiwa is not growth. Profit is not the point. The point is to do one thing, and do it well. They focus on serving people and passing on the business to the next generation. Although it's not a dynamic business model, it obviously works. Known as shinise, these old businesses are a source of pride for Japanese.

A doll that changed lives

Dr. Nhung Tran-Davies was only five years old when she needed to flee home because of the Vietnam War. She and her family spent eight months in a refugee camp in Malaysia. Then an Alberta church sponsored their immigration to Canada.

Nhung arrived in Canada on a boat with 300 other refugees. She remembers it was nauseating and suffocating. 

At the airport gate, a little Canadian girl called Adrienne gave a doll to Nhung. 

"This little girl presented a little gift... This doll lit up my heart and in that moment, it meant everything to me," says Nhung. After that, the girls stayed friends. This doll has also inspired Nhung to become a doctor and help others, as this girl has helped her.

Visuals: The death of cinema?

Did you watch the 93rd Academy Awards ceremony this year? Chances are you didn’t, and you weren’t alone. The 2021 edition was the least viewed and lowest rated in the award show’s history, according to Nielsen Ratings. Take a look at this graph from CNBC below: 

The 2021 ceremony saw a staggering 56% drop off in viewership from the previous year, which was itself already one of the least viewed shows in Oscar history. Now of course, these are just award shows. What about Box Office numbers? IMDB reports that the global cinema gross in 2020 was $2.1 billion, a loss of over $9 billion from 2019.  

Dogs sniff out Covid-19

Dogs have already been trained to smell drugs, cancer, and even blood sugar changes in people with diabetes. Now they're learning how to smell Covid-19. In trials, dogs detected the virus over 95% of the time, more accurately than rapid blood or swab tests. The dogs have even been able to detect Covid in people who aren't showing symptoms yet, which taking temperatures can't do.

Several countries around the world are working to develop these skills in dogs. To train them, sweat from people with Covid is collected and put on cottonballs. After they've learned to identify the scent, they then have to choose the cottonball with the sweat on it from lots of untreated cottonballs.

Visuals: Cigarette sales in the US

Around 18 billion cigarettes are sold around the world every day. In the United States alone, it is estimated that cigarette-related healthcare costs exceed USD $300 billion per year. However, the sale of cigarettes in the US has had an interesting history over the past century.

Please have a look at the chart below and discuss what you see with your teacher.