CNBC WEC Private Dinner in San Francisco
Host
Deirdre Bosa, CNBC “Techcheck” Co-Anchor
Speakers
Andy Dunn, Bonobos CEO and Author,"Burn Rate"
Jennifer Oliva, UC Hastings Law Professor
CNBC WEC Private Dinner in San Francisco
Members of the Workforce Executive Council, CNBC Journalists, and special guest Andy Dunn, Bonobos CEO and Author,"Burn Rate" convened in San Francisco for the CNBC WEC Private Dinner. For more information on the next event and to see if you qualify to attend visit https://www.cnbccouncils.com/wec.
CNBC CFO Council Fed Matters — June 2022
Host
Steve Liesman, CNBC Senior Economics Reporter; Kelly Evans, CNBC Anchor, “The Exchange” and Co-Anchor, “Power Lunch”
Speakers
Joe LaVorgna, former Chief Economist of the White House National Economic Council
CNBC CFO Council Fed Matters — June 2022
On June 14th, Members of CNBC’s CFO Council heard from CNBC’s Kelly Evans with special guest Joe LaVorgna, former Chief Economist of the White House National Economic Council, on the eve of the FOMC decision.
Key Points
- It is imperative to note that the market has gotten ahead of itself and rate hikes will realistically do nothing to slow inflation.
- Much of inflation is “demand destructive”. Inflation itself could cure itself considering high prices often cure high prices.
- The area people are getting hit the hardest comes from non-discretionary normal living costs & expenses. Food and energy prices are just over 20% percent of household spending whereas shelter is about 55%.
- Geopolitics plays a huge role in whatever outcome we see with inflation. Considering Ukrainian and Russian markets account for 30% of wheat supply and a significant amount of oil, the Russian invasion of Ukraine significantly extended supply disruption. Beijing also played a contributing factor as a result of its lockdown due to COVID.
CNBC CFO Council Private Dinner in San Francisco
Host
Jim Cramer, CNBC "Mad Money" Host; Deirdre Bosa, CNBC “TechCheck” Co-Anchor; Kate Rooney, CNBC Technology Reporter
Speakers
Jennifer Tejada, PagerDuty CEO
Pat Gelsinger, Intel CEO
Bill Gurley, Benchmark Partner
CNBC CFO Council Private Dinner in San Francisco
CFO Council members, CNBC Journalists, and special guests PagerDuty CEO Jennifer Tejada, Intel CEO Pat Gelsinger, & Benchmark General Partner Bill Gurley convened in San Francisco for the CNBC CFO Council Private Dinner. Cocktail hour and dinner took place at Acquerello, an Italian fine-dining two Michelin star experience, operated by Giancarlo Paterlini and Executive Chef Suzette Gresham. For more information and to see if you qualify to attend the next one visit https://www.cnbccouncils.com/cfo-council/.
CNBC TEC Exclusive Member Town Hall
Host
Deirdre Bosa, CNBC “Techcheck” Co-Anchor
Speakers
Reid Hoffman, Greylock Partner
Kevin Weil, Planet Labs President, Product & Business
CNBC TEC Exclusive Member Town Hall
On June 23rd, Members of CNBC’s TEC Council heard from CNBC’s Deidre Bosa with special guests Kevin Weil, President of Planet Labs, and Reid Hoffman, partner of Greylock to discuss the latest in digital trends and innovation.
Key Points
- In terms of tactical changes in condition whether it be capital availability and markets, potential dislocations, supply chain dislocations, or anything of that nature the first reaction is to think defensively. Mistakes often come when you stop thinking defensively.
- Growth still matters. Shareholders still want to see a business that is valuable in 5-10 years. The ability to demonstrate strength in the market is likely what will set you apart from your competitors. Above all, showing that you are on track to being a good business is key.
- In terms of bringing employees back into the office, stay away from a one size fits all model or mandate. While in person work can often boost creativity and productivity, it is imperative that employees still have the option and flexibility to work remotely if necessary.
- You cannot have a great business strategy without having a great technology strategy as part of it.
CNBC WEC Member Town Hall: The Role of HR in a Time of Employee Activism and Political Divide
Speakers
Tunde Oyeneyin, Peloton Instructor and Motivational Speaker
Megan Reitz, Hult International Business School Professor of Leadership and Dialogue
CNBC WEC Member Town Hall: The Role of HR in a Time of Employee Activism and Political Divide
How human resources leaders navigate through the often choppy waters of employee activism and stark political divide was the topic of the Workforce Executive Council Exclusive Member Town Hall: The Role of HR in a Time of Employee Activism and Political Divide. Our speakers—Peloton instructor and author Tunde Oyeneyin and leadership professor Megan Reitz—joined us to discuss how companies define their voice, the ways in which leaders can foster better discussions of tough topics, and why silence is itself an answer.
Key Points
- It is impossible to ignore the power of social platforms in today’s day and age. With countless platforms to choose from, political activism has been more prominent than ever amongst employees across the board.
- Having a plan in terms of addressing a variety of issues is key. A plan however, is not enough. Workplaces must continue to speak out against injustices and inequality and back their statements with actions in collaboration with their employees.
- Companies must continue to place an emphasis on policy rather than solely politics. Implementing policies based on employees’ actual wants and needs is far more effective in creating a workplace that benefits both sides of the isle regardless of viewpoints rather than a non-effective “one size fits all” model.
CNBC CFO Council Fed Matters — May 2022
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — May 2022
Members of the CNBC CFO Council joined Steve Liesman, CNBC Senior Economics Reporter, for a discussion ahead of the FOMC meeting including survey results from a panel of top Wall Street economists, money managers and market strategists about their Fed policy predictions.
Key Points
- According to data from CNBC’s survey, 57% of members think this ends in a recession, most (53%) see it being a moderate recession. 41% however , foresee a more mild recession
- Despite constant talk of a recession, a recession is not necessarily coming in the next 12 months, it is far more likely halfway into 2023.
- There has been overwhelming and broad political support for fighting inflation which doesn't seem to be slowing down anytime soon, even ahead of the midterms
- Consumer spending is currently meeting and exceeding inflation level. This points to the fact that real spending remains up.
- Consumers will go into savings over temporary shifts in prices, but they won't do it if they believe it to be more permanent. The idea of inflation being temporary creates temporary habit changes in people's spending for the time being.
CNBC TEC Member Dinner in NYC
Host
Jon Fortt, CNBC "TechCheck" Co-Anchor; Eamon Javers, CNBC Senior Washington Correspondent, Steve Kovack, CNBC Technology Correspondent
Speakers
Jeremiah Fowler, Security Discovery Co-Founder & Security Researcher
Martin C. Fraser, New York City’s Commissioner & CTO
CNBC TEC Member Dinner in NYC
The role that technology plays in bringing about change in the public sector—and in war—was the topic of the first in-person TEC dinner of 2022. Matthew C. Fraser, chief technology officer for New York City, kicked off the evening with CNBC anchor Jon Fortt to discuss how technology, and internet access specifically, became a dividing line during the pandemic for many adults and children in public housing. The role of technology in the midst of the Ukraine war was the discussion in the second half of the dinner with guest Jeremiah Fowler, security researcher and co-founder of Security Discovery, a cybersecurity and data protection company. For more information and to see if you qualify to attend the next one visit cnbccouncils.com/tec.
