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California senator pauses bill to regionalize Sacramento's homeless crisis resources after backlash
California senator pauses bill to regionalize Sacramento's homeless crisis resources after backlash

CBS News

timea day ago

  • Politics
  • CBS News

California senator pauses bill to regionalize Sacramento's homeless crisis resources after backlash

A new homeless strategy for the Sacramento region has now been suspended after major pushback from county and city leaders. California Senator Angelique Ashby backpedaled on her bill, Senate Bill 802, after it faced big backlash from city and county leaders the day before its committee hearing. "I believe the spirit is there, so I am going to give them that time," Sen. Ashby said. The bill would have created an agency to oversee all the funding and homeless resources across the region, but many local leaders believed it would just add bureaucracy and disrupt existing programs. "I believe when we talk about local control, it's about local cities and jurisdictions managing their own funding," Sacramento County Supervisor for District 4 Rosario Rodriguez. County leaders said they are working on a plan with the seven cities within Sacramento to collaborate in a way that still allows each city to keep its money within its jurisdiction. "We need to create a system that has actual authority, that has public transparency to it and is inclusive of all of the region's leaders," Sen. Ashby said. Ashby has since met with city and county leaders and heard them out. It is why she put the bill on pause, but she is adamant she wants to be part of the conversations the leaders are having. She believes something needs to change to create real progress. Ashby said if they can reach a consensus on a plan, she will modify the bill and put it back into committee early next year, or maybe the plan won't need a bill at all.

Adnoc announces transfer of 24.9% OMV shareholding to XRG
Adnoc announces transfer of 24.9% OMV shareholding to XRG

Khaleej Times

timea day ago

  • Business
  • Khaleej Times

Adnoc announces transfer of 24.9% OMV shareholding to XRG

Adnoc announced on Wednesday its intention to transfer its 24.9 per cent shareholding in OMV AG to XRG, its wholly-owned international investment company. This transfer, which is subject to regulatory approvals, is aligned with Adnoc's strategy to consolidate its international growth investments under XRG. Adnoc is also progressing with preparation for the proposed establishment of Borouge Group International, which is set to be a top-four global polyolefins producer. Adnoc's proposed 46.94 per cent shareholding in the new entity is expected to be held by XRG upon completion of the transaction, subject to regulatory approvals. Adnoc said it remains committed to its longstanding partnership with OMV through XRG and reaffirms its support for the company's continued growth and success.

Tech Is Fleeting. Disruption is Temporary. Legacy Is the Only Endgame.
Tech Is Fleeting. Disruption is Temporary. Legacy Is the Only Endgame.

Fast Company

timea day ago

  • Business
  • Fast Company

Tech Is Fleeting. Disruption is Temporary. Legacy Is the Only Endgame.

The word 'legacy' conjures images of the end of a career: retirement banquets, endowments, and plaques on walls. But for Jimmie Lee of JLEE & Associates, this old notion no longer serves leaders or their businesses well. 'Especially at larger companies, higher-level executives sometimes get into a career flow or cadence where they just keep doing the next thing,' Lee says. 'But at some point, they start to lose track of why they're doing it.' This dangerous drift can leave companies chasing growth targets without meaning and leaders wondering what it was all for. What if legacy weren't the end of the story, but the starting point? What if your personal 'why' became the heart of your company's strategy, shaping every decision from the ground up? This shift, Lee argues, is critical. For leaders who want to build more than just quarterly earnings reports, Lee offers a framework built on four interlocking ideas. 1. Living the 'why' At the heart of legacy-driven leadership is a radical clarity of purpose, something Lee calls 'living the why.' It's about knowing, deeply, the reason the company exists, with this leader (or these leaders) at the helm at this particular time. With this clarity, the 'what' and 'how' of business naturally follow. 2. Long-term value over short-term wins Lee warns against chasing quick wins at the expense of lasting impact. 'A lot of us have our whys stuck 'below the waterline,'' he says—buried by fear, habit, or routine. Imagine a CEO who dreams of funding clean water wells but feels trapped in the daily grind of running an HVAC firm. Shifting the focus to legacy can reframe the business strategy itself, altering growth targets and investment plans to serve that higher purpose. 3. Leadership ethos as a cultural catalyst Knowing your ' why ' is only powerful if it's lived aloud, Lee says. 'When I'm on calls with my team, when we're talking about big investments or new market moves, I'm focused on that why.' This consistent focus permeates the organization, sparking initiative and reducing fear. 4. Wealth generation through enriching communities Lee redefines wealth as the impact left on communities, not personal fortune. 'Even the biggest companies in neighborhoods start to understand: How can we make this better? How can we bring more value to the community around us?' True legacy enriches others and endures beyond any single leader's tenure. FROM MINDSET TO MOVEMENT How can leaders make this lofty idea actionable? Lee lays out four concrete steps: 1. Build a solid foundation. Define, accept, and communicate your 'why.' Without it, every other step wobbles. 2. Architect strategy for impact. Design for decades, not quarters. Frame strategy around the influence you want to leave in your industry and community. 3. Focus on culture and core values. Don't just write values down; cascade them from the C-suite to the front line. When everyone knows the 'why,' they naturally align on the 'how.' 4. Encourage continual enrichment. Assess, deliver, and iterate. Legacy is a feedback loop of constant reflection and improvement. THE REAL MEASURE OF LEGACY In the end, a legacy-driven strategy isn't about vanity projects or lofty dreams detached from reality. It's about embedding meaning so deeply into your leadership that strategy, culture, and operations naturally follow. When small and medium businesses follow this path, they influence supply chains, reshape cities, and even redesign the way global markets think about impact. 'The 'why' really signals what that legacy impact is,' Lee says. 'It takes continual effort to embed it as the ethos and DNA of the organization. And that requires the CEO and the executive team to live those values. Not just write them down—connect with them. That's how you start to drive real change.'

You Don't Need More Time: You Need A New Attention Strategy
You Don't Need More Time: You Need A New Attention Strategy

Forbes

time2 days ago

  • Business
  • Forbes

You Don't Need More Time: You Need A New Attention Strategy

Hourglass on background with copy space. Why managing time no longer separates good leaders from great ones Senior leaders don't get paid to react faster. They get paid to focus on what matters most. Yet one of the most common complaints I hear in coaching sessions is this: 'If I just had a few more hours in the day…' It's understandable. But misleading. Their calendars are packed with back-to-back meetings, Slack pings, and well-intentioned priorities that never quite get done. Even highly disciplined executives feel stuck in reactive loops. Strategy gets squeezed into the margins. But time isn't the real issue. Attention is. The core problem: focus failure, not time scarcity Most senior leaders don't suffer from poor time management. They suffer from distraction management. Traditional tools like calendars, task lists, and time-blocking, were built for a more predictable era. Today, interruptions are constant, and most workdays derail before the first cup of coffee is finished. Leaders stay in motion but feel out of control. This isn't a discipline problem. It's a lack of structure for deciding what truly deserves focused attention. That gap has real costs. When your attention is scattered, your highest-value work—the work only you can do—gets deferred, diluted, or dropped. Meanwhile, teams wait for direction, priorities blur, and long-term goals stagnate under the weight of daily noise. From time blocks to attention zones To break the cycle, leaders must shift from managing time to managing attention. That shift starts with recognizing that not all activities are created equal. Some generate momentum. Others quietly drain it. In coaching, I help clients classify their daily activities into four zones: Instead of asking, 'What do I have time for?' the better question is: The cost of misallocated attention Misallocated attention leads to strategic drift. It also leads to burnout. When leaders give their best energy to low-leverage work, they deplete their capacity without making meaningful progress. The result is a slow, quiet exhaustion that can't be cured by a weekend off. It also sends a message. When leaders say strategy matters but spend their days reacting, their teams notice. Forward thinking slows. Innovation stalls. Standards subtly shift. Attention isn't just a personal resource. It's a cultural signal. A tactical reset: three habits that change the game Changing your attention strategy doesn't require an overhaul. It starts with a few small shifts, practiced consistently: These aren't productivity hacks. They're leadership practices. Think like a steward, not a survivor You can't control how many demands come your way. But you can control how you respond. Reclaiming your attention is a leadership act. The best leaders don't wait for quiet weeks to think clearly. They design their weeks to make space for what matters most. They act like stewards of their focus—not victims of their calendars. You don't need more hours in the day. You need to take back the ones that already belong to you.

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