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October 19, 2012
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Leading Edge 
  • Are your workers disconnected? What will you do?
    Good leadership is about battling disconnection, writes Debbie Nicol. When workers disconnect from one another, from their managers and from the company's goals and culture, disaster swiftly follows, Nicol warns. "Effective leadership dispels confusion, corruption and disconnection by demonstrating authenticity and building a foundation of trust," she writes. Great Leadership (10/18) LinkedInFacebookTwitterGoogle+Email this Story
  • Why smart bosses sometimes snub their star workers
    Soon after the U.S. entered World War II, Gen. George C. Marshall realized that Gen. George Patton was a rising star. However, before assigning him a major command, he made a point of snubbing the general and remanding him to an obscure training post in Indio, Calif. That helped remind Patton who was boss, ensuring his ego didn't get in the way of America's military goals, explains Michael Wade. "On occasion, it may be necessary to remind certain personalities that Indio is an option," he writes. Execupundit blog (10/18) LinkedInFacebookTwitterGoogle+Email this Story
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Strategic Management 
  • The fight over Best Buy and the future of retail
    Best Buy founder Richard Schulze was starting to enjoy the retirement befitting an aging billionaire -- but after the ouster of CEO Brian Dunn, Schulze's plans changed dramatically. Now he's raising billions of dollars in a bid to buy back the loss-making retail giant, convinced that he's got the strategic acumen to solve its problems. "He oftentimes views the company as his child," says former Best Buy legal chief Elliot Kaplan. "When your child stumbles, you want to do all that you can to help the child get up." Bloomberg Businessweek (10/18) LinkedInFacebookTwitterGoogle+Email this Story
  • Google's accidental earnings leak a sign of troubles in Silicon Valley
    Google accidentally released a key earnings report several hours early, prompting a mass sell-off that wiped $22 billion off the search giant's value. After recent slip-ups by Apple and Facebook, the incident is another dent in Silicon Valley's reputation. "[O]ne by one, through a combination of greed, hubris and clerical error, the masters of the technology universe have been shooting themselves in the foot," writes Juliette Garside. The Guardian (London) (10/18), (10/18) LinkedInFacebookTwitterGoogle+Email this Story

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Innovation and Creativity 
  • Killer innovation projects and how to survive them
    Innovating within an established company can be a risky business, writes Gijs van Wulfen. Workers can see their careers suffer if they fail to deliver bold new ideas, but can also pay the price if they're too quick to challenge the status quo. "Think outside the box and present inside the box. Be innovative and act conservative to reduce risk," Van Wulfen advises. (Sweden) (10/18) LinkedInFacebookTwitterGoogle+Email this Story
The Global Perspective 
  • China dreams of a renminbi world
    China would love the world to embrace its currency, the renminbi, as an alternative to the dollar, and it's planning offshore sites for fundraising in RMB. That might help establish the RMB as a new global reserve currency, which would have significant knock-on consequences for U.S. borrowing costs and foreign trade. (10/18) LinkedInFacebookTwitterGoogle+Email this Story
Engage. Innovate. Discuss. 
Daily Diversion 
  • Schoolgirl gets fashion inspiration from historical figures
    For the past year, an 8-year-old Nebraska schoolgirl has been dressing each day in a costume inspired by a different historical figure. One day the girl might turn up for school dressed as Billie Holiday; the next, as Grace Kelly, Aung San Suu Kyi or Sandra Day O'Connor. Teachers say the girl's homemade costumes don't disrupt classes and help get other kids interested in learning about history. Omaha World-Herald (Neb.) (10/17) LinkedInFacebookTwitterGoogle+Email this Story
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I need to be in control of my own destiny."
--Richard Schulze, founder of Best Buy, as quoted in Bloomberg Businessweek
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