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June 13, 2012
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VIP Corner: Video Insights Powered by Big Think 
  • Why CEOs need wisdom, not intelligence
     
    Big Think
    Book-learning and conventional "intelligence" is becoming obsolete, argues futurist Edie Weiner in this Big Think video. Tomorrow's leaders will need wisdom, not mere education, to ascend the career ladder and serve their companies well, Weiner says. "Wisdom is knowing what to say to whom, when and under what circumstances, and for what purpose," Weiner explains. SmartBrief/SmartBlog on Leadership (6/12) LinkedInFacebookTwitterGoogle+Email this Story
Leading Edge 
  • Why GM's CEO wants to be a ghostbuster
    General Motors CEO Dan Akerson is working to exorcize the ghosts that led to the automaker's 2009 bankruptcy. GM is still plagued by a plodding corporate culture and an unwieldy, bureaucratic approach to decision-making, and putting things right could take years. "We are trying to solve these problems with a systemic solution that makes everybody play on the same team. ... We have a long, long way to go," Akerson says. The Wall Street Journal (6/11) LinkedInFacebookTwitterGoogle+Email this Story
  • Is MasterCard's "dynamic duo" getting too cozy?
    MasterCard CEO Ajay Banga and nonexecutive Chairman Richard Haythornthwaite are allies and make a good team, frequently consulting one another on strategic issues. Still, they're careful to downplay the closeness of their relationship, since chairmen are ultimately supposed to keep tabs on CEOs on behalf of shareholders. "Ajay knows I will back him to the hilt -- unless and until I don't," Haythornthwaite says. CNNMoney/Fortune (6/12) LinkedInFacebookTwitterGoogle+Email this Story
Strategic Management 
  • Don't steal your workers' picnic baskets
    Many firms are cutting back on worker perks, but the company picnic should remain sacrosanct, Paul Spiegelman writes. Getting workers out in the fresh air, with families in tow, is a great way to boost morale and to show you're still committed to your workers' well-being. "Invest in smiles (and lots of sunscreen), and you'll get the financial and emotional reward," Spiegelman promises. Inc. online (6/12) LinkedInFacebookTwitterGoogle+Email this Story
  • Why "no pain, no gain" doesn't apply to strategy
    Big strategic shifts shouldn't be painful to implement, Max McKeown writes. Get your workers involved in planning new strategies, and you'll find they take ownership of the planned changes and put them into action willingly and without complaint, McKeown promises. "If strategy is painful then you're doing it all wrong," he adds. Management-Issues (U.K.) (6/8) LinkedInFacebookTwitterGoogle+Email this Story
Innovation and Creativity 
  • How innovation helped MTV become a global brand
    Extending the MTV brand into global markets required a culture-specific approach, says Bill Roedy, MTV International's founding CEO. "[I]f you are going to be global, you need to innovate your products to reflect and be relevant to local customers. ... The brand name is the same, but innovation is needed to adapt the product to meet the differing consumer tastes," Roedy says. Fast Company online (6/12) LinkedInFacebookTwitterGoogle+Email this Story
The Global Perspective 
  • Myanmar aims to rebrand a nation
    Myanmar's military regime is pushing the country toward democracy and the free market, and businessmen say that could lead to foreign investment and an economic renaissance. The national rebranding exercise appears to be working, with Western powers already moving to ease trade sanctions. "We understand the need for PR. ... We have to work for our people. They need this reform," Industry Minister Soe Thein says. BBC (6/12) LinkedInFacebookTwitterGoogle+Email this Story
Engage. Innovate. Discuss. 
  • Do you have what it takes to lead culture change?
    Few top bosses have experienced, let alone led, a successful period of corporate culture change, writes S. Chris Edmonds. That means it's important to preface a change effort by ensuring that both leaders and employees understand the project's goals, are clear about what's expected and know that they'll be held accountable. SmartBrief/SmartBlog on Leadership (6/11) LinkedInFacebookTwitterGoogle+Email this Story
Daily Diversion 
  • On the trail of a fine-wine forger
    The wine world is reeling after the arrest of alleged "gentleman thief" Rudy Kurniawan, who is said to have made a fortune selling fake fine wines. Kurniawan and his friends are accused of drinking their way through huge quantities of authentic vintages, then refilling the bottles with cheaper wines before selling them at exorbitant prices. It's now thought that up to 80% of pre-1980 Burgundies are fakes, with many still bearing Kurniawan's sales sticker. Vanity Fair (7/2012) LinkedInFacebookTwitterGoogle+Email this Story
Featured Content 
 

SmartQuote 
A customer doesn't care that we have inefficiencies in our system or that we haven't leveraged scale. They care about the product they see."
--Mary Barra, GM's product chief, as quoted in the Wall Street Journal
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