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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
NewslettersFortune CHRO

It’s not just bosses who crave emotional intelligence—workers are desperate to get better at ‘human skills’

By
Brit Morse
Brit Morse
and
Emma Burleigh
Emma Burleigh
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By
Brit Morse
Brit Morse
and
Emma Burleigh
Emma Burleigh
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October 25, 2024, 8:14 AM ET
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More companies are paying their ERG leaders—but there's many ways they go about that.SolStock—Getty Images
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Soft skills training is often reserved for leaders and top executives. But it’s not just bosses who want better emotional intelligence so they can thrive in the workplace—employees are also looking for the same kind of in-person learning and development opportunities, according to a new study from Deloitte. 

When ranking how much they value training in various skills, workers put teamwork at the top (65%), followed by communication (61%), and leadership (56%). More technical skills, such as coding or data analysis for example, come in fourth at 54%.

Despite the hunger for those so-called soft skills, however, only about half of all workers feel their employers value these human-centric qualities more than technical ones, according to the study. But employers that ignore soft skills development do so at their own peril. 

“Organizations that overemphasize technical training at the expense of enduring human capabilities—like divergent thinking, emotional agility, resilience—could end up impeding innovation and leaving employees ill-equipped to lead teams, adapt to market opportunities, and fully harness the potential of technology,” Anthony Stephan, chief learning officer, Deloitte U.S., wrote in a statement. 

He recommends that to address this issue, CHROs first get as close as possible to how employees are feeling in terms of what they want, while also considering the company’s strategic needs. The most important thing you can do, he emphasizes, is listen and let employees dictate what they need to be successful.

There are all kinds of ways that companies can make sure employees get the kind of human-centric skills training they require. This can involve structured offerings like mentorship programs, or more relaxed social events that give folks quality time to interact and connect on a more personal level. And make sure not to leave out the youngest employees. Around 94% of survey respondents said that younger workers in particular need better “human skills” to be successful in today’s workplace. Stephan adds that apprenticeships sit at the heart of developing the soft skills of the next generation. 

“Leaders at all levels should be more intentional than ever about teaching and learning from each other—across generations, channels, and locations—in the flow of everyday work.” 

Brit Morse
brit.morse@fortune.com

Join global CEOs and leaders at this year’s Fortune Global Forum taking place Nov. 11-12. Confirmed speakers and attendees include Fortune Global 500 executives, former directors of the Central Intelligence Agency, seven-time Super Bowl champion Tom Brady, and NBA commissioner Adam Silver. Request your invitation here.

Today’s edition was curated by Emma Burleigh.

Around the Table

A round-up of the most important HR headlines.

Business etiquette classes are taking off as younger generations enter the workforce and seasoned colleagues readjust to the office. Washington Post

U.S. voters are actively watching the monthly jobs report, and the final study to be published shortly before the election may show a drop in employment due to the hurricane disasters. NBC News

A top U.S. consumer watchdog cautioned businesses not to track their employees without their permission, as some companies have been using third-party tools to keep an eye on staffers. Bloomberg

Watercooler

Everything you need to know from Fortune.

No dice. Striking Boeing workers rejected the company’s latest contract offer, which included a 35% wage hike, as it still falls short of their 40% pay increase demands. —Greg McKenna

Counterintuitive. The CEO of Amazon’s Web Services unit is adamant that “nine out of 10” workers are happy with the company’s RTO policy, but research suggests they may head for the door. —Orianna Rosa Royle

Crack down. The CEO of ride-hailing app Bolt is making staffers come back into the office a few days a month after rejecting the "insanity of people working remotely from places like Bali." —Ryan Hogg

This is the web version of Fortune CHRO, a newsletter focusing on helping HR executives navigate the needs of the workplace. Sign up to get it delivered free to your inbox.
About the Authors
Brit Morse
By Brit MorseLeadership Reporter
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Brit Morse is a former Leadership reporter at Fortune, covering workplace trends and the C-suite. She also writes CHRO Daily, Fortune’s flagship newsletter for HR professionals and corporate leaders.

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Emma Burleigh
By Emma BurleighReporter, Success

Emma Burleigh is a reporter at Fortune, covering success, careers, entrepreneurship, and personal finance. Before joining the Success desk, she co-authored Fortune’s CHRO Daily newsletter, extensively covering the workplace and the future of jobs. Emma has also written for publications including the Observer and The China Project, publishing long-form stories on culture, entertainment, and geopolitics. She has a joint-master’s degree from New York University in Global Journalism and East Asian Studies.

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