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The most radical act in capitalism today isn’t launching a unicorn startup or orchestrating a multi-billion-dollar IPO – it’s giving your company away in service of good. While some business leaders are focused on how to make their fortunes in AI or crypto, others are choosing to walk away with nothing except what matters most: … Read more
Good morning. I spent yesterday hearing from dozens of business leaders onstage and off at the New York Times DealBook Summit, deftly moderated by Andrew Ross Sorkin. I was invited to moderate a thought-provoking breakfast conversation on the topic of mission as a driver of growth, with Vanguard President and Chief Investment Officer Greg Davis, … Read more
Greg Hart, President and CEO of Coursera Coursera With entry-level jobs declining as employers continue to deploy AI, Coursera’s CEO has shared his top tips for graduates to stay competitive in the job market and stand out in interviews. Greg Hart, former technical advisor to Jeff Bezos at Amazon, became president and CEO of online … Read more
Good morning. Is the AI bubble popping? The S&P 500 has fallen in each of the past four days, major investors like Peter Thiel have revealed they have unloaded their stakes in high-flyers like Nvidia, and even Alphabet CEO Sundar Pichai has acknowledged “there are elements of irrationality through a moment like this.” But all … Read more
The modern leader faces a leadership environment that is rapidly growing in complexity, grappling with roughly twice as many issues on a CEO’s desk as just five to seven years ago. This pressure has driven senior partners Kurt Strovink and Carolyn Dewar, co-leaders of McKinsey & Company’s CEO Practice—the firm’s top “CEO whisperers”—to empirically study … Read more
Good morning. The wave of layoff announcements over the past few weeks is telling us something, most importantly something that isn’t as easily measured as the number of jobs eliminated. It’s a change in the business environment. We can see it especially in big-company culture, a shift in what is OK and even virtuous to … Read more
Good morning. The U.S. celebrates Veteran’s Day today, and we are sending a heartfelt thank you to everyone who has served. Speaking of gratitude, Warren Buffett dropped his ‘farewell’ letter to Berkshire Hathaway shareholders yesterday and offered a master class in introspection, recognizing his own good luck, and passing on sage advice. I’d highly recommend … Read more
Rising through the ranks and commanding troops require leadership skills that can transfer to the corporate world, which is also the scene of intense competition between rivals battling for supremacy. FedEx founder and former CEO Fred Smith has credited his experience in the Marine Corps and the Vietnam War with helping him establish the shipping … Read more
Berkshire Hathaway CEO Warren Buffett said he has seen a burgeoning trend of snowballing CEO pay as executives eyeball each other’s ever-growing compensation deals. In his annual shareholder letter—the last one he will pen as CEO before Berkshire vice chair Greg Abel takes over on Jan. 1—Buffett suggested chief executives are driven by greed and … Read more
Good morning. It’s election day here in New York City. President Donald Trump has endorsed former New York Governor Andrew Cuomo for mayor, calling on New Yorkers to defeat “Communist” Zohran Mamdani in a post on Truth Social. But in my conversations with business leaders over the past few weeks, I’ve sensed a more nuanced … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4