Earlier today, I was interviewed by Maria Bartiromo and the co-hosts of the Mornings with Maria show on Fox Business News. The discussion centered around the China trade/tariff/intellectual property negotiations and how they could impact the technology sector. You can watch the interview by clicking here.
Bob's Gutsy Leadership Blog
Bob regularly writes blog posts and articles with his areas of focus being leadership, organizational effectiveness. Below you will find the titles and hot-links of his most recent efforts:
The article on Amazon’s master plan for success that appeared recently in the Atlantic magazine is a very interesting read. I was most impressed by the clear description of the core principles instilled by Jeff Bezos right in the beginning on how the company would operate. It outlines how the organization protects and effectively executes these principles on an ongoing basis.
A couple of years ago a management research firm did a massive survey of almost 100,000 people employed worldwide and surprisingly, almost a third cited “burnout” as a problem they were experiencing. In the study, “burnout” was defined as feeling ineffective and overwhelmed with work.
Over the years, Boeing CEO’s have constantly stated publicly that Boeing has no higher priority than the safety of the flying public. As the details of the development of the company’s new 737 MAX aircraft become public, we are now seeing that internally, Boeing has had a very different #1 priority.
From a tech perspective, the big news recently is the postponement of the WeWork IPO. Investors have become unnerved by deepening losses at the company, which last year bled $1.61 billion in red ink; nearly equal to its revenue of $1.82billion! While the company had been valued at $47 billion, based on the last cash infusion by Softbank, in recent days its underwriters settled on something closer to $15 billion. Not surprisingly, this led to the CEO/Co-Founder resigning but staying on as non-executive chairman.
During the period of 2015 -16, Target was in a serious decline. The stock price went from the $84 per share range in early 2015 to $64 by late 2016. As pointed out by Fortune magazine recently, Target was being outflanked by Walmart and others in the retail sector price wars, particularly in apparel, where most of its older brands no longer had enough appeal to draw customers away from cheaper rivals.
Here is the link to the broadcast interview I did today with Neil Cavuto on Fox Business News regarding the growing antitrust efforts focused primarily on Google and Facebook.
Something unique happened last week. After many quarters of disappointment, Nordstrom actually beat the street’s estimate of earnings per share. Given this is the first piece of good news in quite a while, the stock price gained 10%, going from $26 to $28.50. On the other hand, that is still a far cry from the $65 per share level of a year ago.
For the past three years, AT&T has really been struggling. During that period, the S&P 500 Index gained +38%, while the AT&T stock price declined by -21%. Debt now stands at $200 billion and Moody’s recently downgraded AT&T’s rating to two notches above junk.
There was a recent article in the Wall Street Journal which focused on the fact that more companies are placing individuals in the CEO role who are members of Gen X (ages 35 to 54). The essence of the article was to discuss three areas where it seems this age group generally has advantages versus […]