CEOs fear September Brexit bump

  I last posted on the day after the Brexit vote, when UK CEOs were in a state of shock and panic over what had taken place: what did it mean for them and their businesses, and how would Europe be affected overall? You can read here. Now, things have settled down slightly; CEOs are focused on their specific companies and the collapse in confidence that we’re seeing in the UK. Business confidence for example is down by -57% in the Confederation of British Industry trends, and to give you some... Read more →

CEOs: Being digital is part of your job. Embrace it.

How much time do you spend on social media every day? “Too much” many would probably answer, before going to describe social media as a waste of time. I see it differently. For me, Twitter, YouTube and co. are not only “business as usual”, but also an opportunity to show different target groups how Opel is changing. I laid the foundations of my social media career exactly three years ago, a few months after taking the helm at Opel. I was the first CEO in the car industry to create a Twitter... Read more →

Could this be the best boss in America?

A year ago this week I wrote a post about Dan Price, CEO of a Seattle-based Gravity Payments. He raised, in stages, the base pay of all of his employees to $70,000. To help cover the cost, Price cut his own salary by 90%. Half a million people read the post. It clearly touched a nerve. Some commentators applauded Price’s move, calling it generous, even inspiring. Others were strongly critical. Instead of raising the minimum for everyone, they argued, Price should have rewarded his hardest-working,... Read more →

Why Organizations Have To Think About The Day After Tomorrow

We spend most of our lives thinking about “Today.” There are a million reasons, every day again, why our attention is constantly drawn to this strange maelstrom of time that we have labelled “ Today.” Today is messy, today is chaotic, but today is very real. Today is the 112 emails you receive on Monday you did not even think you were going to get on the Friday evening before. Today is the “dark matter” of our universe that we don’t realize sucks up a lot of our energy and emotions. We... Read more →

No Jobs for the Relatives of Chinese Officials

In many countries, being related to a government official, senior or junior, has been a pathway to influence and wealth. Indeed in China, many investigations have shown how this has been the case over the last 30 years.  However, now the pendulum appears to be swinging the other way, swinging so far the other way that in fact it is hard to imagine what jobs a relative of a government official might take. Doubtless there are many heated conversation on this topic in the homes of senior officials... Read more →

What are the top three elements of effective presentations?

In my last post I spoke about my work in helping others improve their presentations. And that got me thinking – what makes a presentation work? I have sat through many mind-numbingly awful presentations and pitches over the years. The good thing is they don’t do any lasting psychological damage because they failed to leave me with any memories of what was being presented. It’s easy to list some of the things that make presentations poor: Too long Dull No clear message Text slides Presenter... Read more →

Best Free Business MOOCs Starting In May

The road trip is often a rite of passage in American lore. From beats coasting down Route 66 to the breezy Sunday drives of the Mad Men era, the road has always been a place to relax, reflect, and re-group. For three business professors, the American road held a different allure. It was an artery dotted with businesses and their stories of ingenuity, perseverance, and triumph. In business schools, students habitually read those sexy case studies featuring multinationals buffeted by major economic... Read more →

A New Federal Law of Trade Secrets

With today’s 410-2 House vote, the Defend Trade Secrets Act (DTSA) has now passed both the House and Senate and is headed to President Obama for his expected signature. The DTSA amends the Economic Espionage Act to create a private civil cause of action for trade secret misappropriation based upon the Congressional sense that trade secret theft exists and is harmful. Trade secret misappropriation (as a civil matter) has previously been purely a matter of state law. Although there exists substantial... Read more →

The Information

If you need any further proof of the dispersion of authority in the media sector, here comes The Information, a technology focused media company. It was founded two-and-a-half years ago by former Wall Street Journal reporter Jessica Lessin, who is now joined by seven other reporters (many from The Journal, including the brilliant Martin Peers). The Information seeks to “fill a void left by mainstream media, to provide quality and original business journalism,” Lessin told me in a phone conversation... Read more →

Odyssey: The Most Exciting Company I’ve Seen Since BuzzFeed

I almost blew my opportunity to invest in Odyssey, the most exciting company I have seen since investing in Buzzfeed in 2012. My friend Scott Dorsey, who sold his company ExactTarget to Salesforce for $2.5 billion, introduced me to Odyssey founder and CEO Evan Burns via email on November 1 of last year. And it took me 5 weeks to schedule an initial meeting. Like many of you, I had never heard of the company. But at our first meeting at Café Luxembourg on New York’s Upper West Side, it hit me... Read more →
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