SoftBank, the largest investor in WeWork parent The We Co., is looking for ways to remove Adam Neumann as CEO of the workspace firm, sources say. Some board members of The We Co. reportedly also are discussing how to remove Neumann.
Rock superstar Neil Young launched high-quality, download music service PonoMusic in 2012, and closed it down five years later. Young says in his new memoir that he was wrong to launch a download service at a time when consumers were flocking to streaming services, but his failed startup is credited with pushing the music industry into offering better sound quality.
Sephora CMO Deborah Yeh has to keep a finger on the pulse of the ever-changing beauty industry and effective marketing strategies to drive interest and sales for more than 2,500 retail locations worldwide that carry over 250 brands. She sheds light on the value of social feedback, the retailer's use of loyalty data to fuel new product launches and consumer product recommendations, the role of its beauty advisors to enhance the customer experience and how the rise of the influencers has affected the industry.
President Donald Trump is expected to affirm the global leadership role of the US when he addresses the United Nations General Assembly on Tuesday, according to statements made by a senior administration official. It's expected that attending leaders will be particularly interested in his position on the US/China trade battle, as well as Persian Gulf issues.
Companies -- not governments -- should manage work schedules and other daily operations, writes economics professor Panos Mourdoukoutas. He writes that laws, including New York City's scheduling laws, force restaurants to guess at market conditions.
Using humor that is simple and relevant can lighten the mood during meetings and lead to more interaction, writes John Baldoni, citing a study of earnings calls and advice from comedian and author Andrew Tarvin. "If you can make your humor that people find simple, relevant and fun -- as well as non-hostile -- you will bring a note of joy to the workplace and maybe even a bit more understanding," Baldoni writes.
Writing or sharing a story about being recently embarrassed is better for idea generation than telling a story about a "prideful moment," according to research that included Leigh Thompson, a professor at the Kellogg School of Management. "So sharing an embarrassing story may actually counteract fears of future embarrassment by reminding us we're all human," she writes.
The House has voted 225-186 to pass the Forced Arbitration Injustice Repeal Act, which would prohibit mandatory arbitration in several areas. The measure would bar agreements that force individuals and businesses to settle antitrust, consumer, employment and civil rights disputes solely through arbitration.
Leaders can widen their worldview by being curious beyond their jobs and considering whether something will still be important a year from now, writes Scott Eblin. "If you determine it will matter a year from now, there's still an opportunity to adjust to a different approach by asking a second question, 'How do I need to show up to create a great outcome?'" he writes.
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