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How to Lead in the Stakeholder Era Focus on purpose and people. The profits will follow. The world is clearly facing multifaceted crises: a health crisis, an economic crisis, a societal crisis, a racial crisis, an environmental crisis, and rising geopolitical tensions. In the face of these challenges, there is a growing realization that business and society cannot thrive if employees, customers, and communities are not healthy; if our planet is on fire; and if our society is fractured. More and more leaders believe that creating a better and sustainable future requires corporations to serve all their stakeholders — not just their investors — in a harmonious fashion. To make this transition, leaders need to evolve how they think about their mission and how they lead. According to Hubert Joly, the former chairman and CEO of Best Buy, we need leaders who, in both good times and bad, are keen to pursue a noble purpose, are ready to put people at the center of it, and are dedicated to creating an environment where every employee can blossom. In short, we need leaders who will embrace a declaration of interdependence. This is how we can create a more sustainable future. This is how business can be a force for good and do well by doing good. |
Explore the New Seven Wonders of the World If you're Indiana Jonesin' to go big on adventure, look no further than these crowd-free destinations. The Seven Wonders of the World were the original bucket list - the places every Socratic disciple wanted to visit. As we prepare for a post-pandemic reality, those with a thirst for adventure should go by a new list. These marvels include archaeological and natural treasures spanning far wider than the ancient Greek world and catering to all types of modern explorers. |
Why the Best Way to Give Advice Isn't Giving Actual Advice The next time a friend has a startup idea, consider this tack instead. When asked, Jeff Bezos's boss at a hedge fund tried to discourage him from resigning to start Amazon, saying his idea was "probably a better idea for someone who doesn't have a good job." When asked, Walt Disney's brother (and business partner) Roy tried to talk him out of making Snow White. When asked, Warren Buffett's father told him it was a bad time to enter the securities industry. Hold that thought. |
Isaac Asimov Asks, "How Do People Get New Ideas?" Presumably, the process of creativity, whatever it is, is essentially the same in all its branches and varieties, so that the evolution of a new art form, a new gadget, a new scientific principle, all involve common factors. We are most interested in the "creation" of a new scientific principle or a new application of an old one, but we can be general here. One way of investigating the problem is to consider the great ideas of the past and see just how they were generated. Unfortunately, the method of generation is never clear even to the "generators" themselves. But what if the same earth-shaking idea occurred to two men, simultaneously and independently? Perhaps, the common factors involved would be illuminating. Consider the theory of evolution by natural selection, independently created by Charles Darwin and Alfred Wallace. |
10 emerging technologies that will change our world The revolution is already happening. Business leaders know they must prepare for technological upheavals in the years ahead. But keeping up-to-date on new technologies—to say nothing of understanding their complexities and forecasting those shifts—is an overwhelming task. To help organizations find their footing, the CompTIA Emerging Technology Community releases an annual list of the top 10 emerging technologies. What makes this list special is that it focuses on "which emerging technologies have the most potential for near-term business impact." Here are CompTIA's picks along with a quick encapsulation of each technology and some potential business use cases. |
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