As a strategy and leadership coach, I spend a lot of time with CEOs and leadership teams developing their strategy and planning for the company’s future. Long term success doesn’t happen without a clear market positioning and roadmap for implementing key activities to drive success. However, all of that work can be undermined by a lack of core management skills on […]
People are obsessed with the idea of success because it’s often the most visible indicator that they’re the best in the world at what they do in life. Our idea of success may be measured by money, sex, or power. For others, it may mean having a positive impact in the world. While everyone’s definition […]
McDonald’s is acquiring Apprente, a startup which uses artificial intelligence (AI) to understand speech in multiple languages. The technology will be used in the company’s drive-thrus and could also be used in its self-order kiosks and a mobile app. This is McDonald’s third tech deal this year. There is a new self-checkout shopping cart that makes grocery shopping easier. When […]
Why Alan Fuerstman, founder of the luxury-resort chain Montage International, was right to skip going to law school. When Alan Fuerstman, 62, picked up a part time job as a doorman at the Marriott in his hometown, he saw it as a way to make a few bucks before going on to college. Instead, it opened up an […]
The year was 2001, and Target did something that would be unthinkable today: it outsourced its entire online operation to Amazon. It seems crazy, but Target wasn’t alone. Big names like Borders, Circuit City, and Toys R Us all did the same thing. Now those other brands are gone, but Target is thriving. So what did Target do differently? Why […]
