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Leadership
Top stories summarized by our editors
5/22/2020

Pandemic shutdowns still in place across much of the US are forcing Memorial Day event organizers to think outside the box. The Department of Veterans Affairs and the Boy Scouts of America are both planning online tributes to military personnel and veterans, while the National Memorial Day Concert will be broadcast on PBS. "Since we can't gather, let's do it in our hearts," says veteran Gary Magnani, who hopes people will give a thought to fallen service members.

5/22/2020

Why it matters: From the day it premiered, WYWW has been a fan of John Krasinski's Some Good News show on YouTube because ... well ... the world needs more good news. Apparently, CBS agreed and has purchased the rights to the show.

Some bad news: The bad news about this good news for Some Good News is that Krasinski will no longer host the show and fans will now have to subscribe to CBS All Access to watch it instead of enjoying it for free on YouTube.

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CNET
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YouTube, WYWW
5/22/2020

Why it matters: If tales about the immortal appeal of Fanta aren't enough to get you to check out Thailand, today's dose of mental vacationing might be the next-best thing.

This might be the most comprehensive dose of mental traveling to date. It's not just a video or some photos, this source includes books, movies, songs, podcasts, food, drinks and shopping experiences. It would probably take you just as long to digest all of this content as it would to hop on a plane and head to Thailand. I am, however, bummed this source doesn't include language lessons. After all, lots of people wish they could "talk Thai very well."

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Lonely Planet
5/22/2020

You can't be successful without a strategy that focuses on customer value in a defined market, and that strategy isn't much if it's not executed, writes consultant and former Microsoft executive Brad Chase. "Just like winning in poker depends on your hand relative to the competition, core to the Strategy First model is that the effectiveness of your strategy depends not on the quality of your strategy independently, but on the quality of your strategy relative to your competition's strategy," he writes.

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SmartBrief/Leadership
5/22/2020

Managing yourself during this pandemic requires careful attention to your schedule, your energy and your thought processes, according to Harvard Business School experts. "All the things we can't control are emotionally taxing, so, now more than ever, we need to take the personal time we have accumulated," says assistant professor Ashley Whillans.

5/22/2020

Specialists have their purpose, but corporate boards have increasingly found that they aren't as adept as generalists in handling the many issues and topics that directors must address these days, writes C.J. Prince. "Don't use board seats to replace the capability you should have on your management team," says Paul Winum of RHR International.

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Paul Winum, RHR International
5/22/2020

King Arthur Flour was forced to deal with a 600% increase in grocery-store flour sales in March as consumers hunkered down and decided to bake, and demand continues to be unusually high. The employee-owned company formed a crisis-response team so it could increase production, communicate with customers, keep workers safe and continue to pay everyone.

5/22/2020

Publicly traded companies must disclose why a CEO has departed, but there's leeway in the details, and being vague can simply create more concern among shareholders and the public. Gun-maker American Outdoor Brands' unclear note about its CEO's conduct meant months of conversation, whereas candor from McDonald's allowed the company to move on quickly.

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American Outdoor Brands
5/22/2020

Failing to get enough sleep is bad for everyone, including executives, who will make worse decisions, be less creative and will be too fatigued to consider other perspectives, says sleep author Giles Watkins. "Improving your sleep is all about finding one habit that you can adopt that works for you and sticking to it for at least a month until it becomes natural, then considering what else you might do," Watkins argues.

5/22/2020

Dating isn't the same during the coronavirus pandemic, and Match and Match Affinity CEO Hesam Hosseini describes how the brands have tried to encourage virtual dating and the use of video, all while also helping employees adjust to remote work. "The need for meaningful connections hasn't changed, but the tools singles are using to find and meet others changed practically overnight," he says.