Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Howard Schultz made the argument on LinkedIn Sunday (May 5), days after the company reported its steepest drop in U.S. customer traffic in 14 years. To combat that problem, Schultz said, Starbucks’ leadership needs to focus...
Despite the moniker attached to their segment, small businesses loom large in the American economy. And with the U.S. Small Business Administration (SBA) celebrating National Small Business Week starting Sunday (April 28), the staying power of entrepreneurship in the U.S. is top of mind for both...
This week, an official with the Financial Conduct Authority (FCA), an agency tasked with overseeing firms and markets in the U.K., compared her job to that of a juggler. “Juggling is, at least metaphorically, a skill we regulators have to master,” said Sarah Pritchard, executive...
Modern leadership requires data, communication, empathy, and above all a holistic view of the business. Call these pillars the new drivers of success. Increasingly, it is falling to today’s chief financial officers to synthesize them into a strategy that can optimize the business outcomes of...
April 12, 2024
Modern leadership requires data, communication, empathy, and above all a holistic view of the business. Call these pillars the new drivers of success. Increasingly, it is falling to today’s chief financial officers to synthesize them into a strategy that can optimize the business outcomes of their organizations. “The finance function is one of the roles […]
April 11, 2024
Today’s chief financial officers are as different from 1970s bean counters as apples are from oranges. In an operational landscape marked by ongoing uncertainty and a sea change of macro...
March 11, 2024
If you want to go fast, go alone. If you want to go far, go together. While the origins of that allegedly African proverb appear to be shrouded in uncertainty,...
November 21, 2023
Challenging times build great companies, and periods of accelerated change build agile ones. When the pace of change picks up, it comes down to an organization’s leadership team to navigate...
May 06, 2024
Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Howard Schultz made the argument on LinkedIn Sunday (May 5), days after the company reported its steepest drop in U.S. customer traffic in 14 years. To combat that problem, Schultz said, Starbucks’ leadership needs to focus on its stores, which he said require “maniacal focus on […]
April 08, 2024
J.P. Morgan Chase’s board said Monday (April 8) that planning for an orderly CEO transition in the medium term is one of its top priorities. “The board is focused on...
April 05, 2024
Vroom completed the previously announced wind-down of its eCommerce and used vehicle dealership businesses. The company ended transactions through vroom.com, completed previously contracted transactions, sold “substantially all” of its used vehicle inventory...
April 01, 2024
Manufacturing activity in the United States rose in March for the first time in more than a year. The Institute for Supply Management’s monthly report on business, released Monday (April 1), showed...
