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…
This is a published version of the Forbes Daily newsletter, you can sign-up to get Forbes Daily in your inbox here. Happy Friday the 13th, Target’s new Halloween icon doesn't believe in labels. Lewis, the retailer’s new hooded pumpkin decoration, has gone viral on TikTok for his beloved catchphrase: “I…
The members of a corporate communications team typically possess such a variety of talents and expertise that their capabilities may rival those of external “agencies of record.” For all of their versatility and competencies, however, comms teams will occasionally need assistance to successfully execute on key projects. When these occasions…
Purpose has become a bit of a buzzword. Which is great, because it is an important concept to think about, as humans (it helps us live longer) and as leaders (it improves our influence and performance). But it is also crippling. With all the talk about purpose, those of us…
American families are facing a confluence of financial challenges, including record-high inflation, escalating costs and mortgage rates that make it nearly impossible for young families to purchase a home. To make matters worse, an abrupt job loss could lead to a financial doom spiral. Nearly 75% of working adults in…
Several major universities and colleges have posted their endowment returns for the 2023 fiscal year, and the initial pattern has been for investment results to be underwhelming. Although some institutions realized small gains in their endowment’s position, others saw their results slip into the red for the year. While disappointing,…
In January of 2023, Monica Caldas took the reigns as Chief Information Officer of Liberty Mutual, a $50 billion revenue insurance company founded in 1912 that has 50,000 employees and operates in 29 countries. She has been with the company for more than five years, and she had spent the…
Recent data from Ware2Go shows that 73% of merchants expect higher holiday sales in 2023 despite economic headwinds. To learn how retailers can capture consumer demand and deliver on evolving expectations this holiday season, I spoke with Steve Denton, CEO of Ware2Go, a UPS warehousing and fulfillment solution simplifying the…
Entrepreneurship can be a tough journey for anyone, but those with attention deficit hyperactivity disorder (ADHD) may face more obstacles. The unique challenges that come with ADHD, such as difficulty with focus and organization, can make it feel like running a business is an impossible feat. However, there is something…
Even before Italy suggested leaving China’s Belt and Road Initiative (BRI), the scheme was facing difficulties. Now the likely loss of Rome will deal it an especially hard blow. Meanwhile, the Biden White House and India have announced a BRI competitor. They plan a trade corridor that will build rail…
We've all been there. Late-night calls from frantic colleagues, rumors flying like wildfire, disrespectful emails. and emotional outbursts in meetings. Drama at work is more than just annoying; it's a productivity killer. Humans are wired for drama. In prehistoric times, drama meant danger, and recognizing danger was crucial for survival.…
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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