Exceptional leaders often excel as skilled storytellers, and for good reason. Once a company hits a certain level of organizational complexity, one of the most important tasks the CEO has is to craft intellectually coherent and captivating narratives about the firm, its purpose, and its performance. Failure in this task means undermining the very existence of the company; a sin…
Seventy-four-year-old Bernard Arnault, who currently serves as chairman and CEO of LVMH Moët Hennessy Louis Vuitton, is thinking about the future of the sprawling luxury goods company he's built.Despite convincing the LVMH board to raise the mandatory retirement age for the chairman and chief executive from 75 to 80, per…
Americans might do well to glance at China to assess the worth of “Bidenomics.” Because the Biden plan is essentially industrial planning and China does that on a grand scale, China’s recent economic failures – most a result of central planning — should stand as a warning to Americans of…
Starbucks is bidding farewell to former CEO Howard Schultz after he stepped down from the company's board on Wednesday, September 13, after over 40 years on the job and three stints at the top of the coffee giant.Schultz, who first served as CEO from 1987 to 2000 and then again…
Tracy Lee is a startup founder and angel investor focused on developer tooling. Her passion is helping entrepreneurs with go to market and marketing, development (management), and open source strategies. She loves talking about figuring out tactical ways to go to market, expand sales and drive customer acquisition through automation.…
Operating a web publishing business with a portfolio that has over 20 websites is quite an endeavor. I know because I've been doing that for the past few years.Fortunately, not all of the sites in our portfolio are of equal weight. For all practical purposes, we focus our efforts on…
Beyond the personal statement, many top schools require applicants to submit supplemental essays answering various questions, like why they chose their intended major or why they are applying to a particular school. Supplemental essays provide a unique opportunity for applicants to showcase their personality, experiences, and suitability for a particular…
Two things I remember about my very first suit. It was a powder blue suit—perfect for Easter Sunday church dress-up. And it was a "big boy" event. I was seven years old. Joseph Neel's Men's Wear in Macon, Georgia, was a two-hour drive from my rural hometown, and we visited…
Effective communication is essential to business success. As a business owner, your ability to convey your thoughts clearly and concisely can make or break deals, collaborations and relationships. One common pitfall many fall into is "nibbling" — the habit of over-explaining, asking unnecessary questions and failing to get to the…
Whether you are in the beginning or middle of a career, it’s all a journey, and risk is a part of that journey. So, whether you want to stay in your career or perhaps become an entrepreneur, you still want to minimize your risks. Depending on your career path, it…
Companies, in an effort to be more efficient, are thinking twice about how many middle managers they need. And that makes it more important than ever to move from managing people to leading and coaching so they can do their jobs without the kind of oversight we thought they needed…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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