July 29, 2021
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Top of the week
Wendy Tan White, who will be CEO of Alphabet's industrial robotics business Intrinsic, reflects on how her leadership style has changed since the first time she was a chief executive at age 29. "My leadership style now is much more about mentoring an incredible team of leaders to achieve the mission, not for me to do it," White says.
Full Story: Fortune (tiered subscription model) (7/23) 
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New eBook: Advanced Analytics in R&D
As digital transformation accelerates, one big opportunity for food & beverage manufacturers is applying advanced analytics to R&D. This eBook is your guide.
Today's leadership
Calvin Klein boosted revenue by 65% in the first quarter of 2021 and plans to continue bolstering growth by focusing on digital, social, its iconic billboards and new designer partnerships, as well as its ongoing efforts to promote inclusivity and diversity and expanded definitions of sexuality and gender, said Linh Peters, global chief marketing officer. "There's always an opportunity for us to create engagement, to give our consumers pause, to get them to ask questions," Peters said.
Full Story: The Drum (free registration) (7/27) 
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Q&A: Cameron Diaz, Katherine Power on launching Avaline
Power and Diaz (Donato Sardella/Getty Images)
Actor Cameron Diaz and businesswoman Katherine Power, friends who introduced their vegan wine brand Avaline last year and watched it earn $9.5 million in a funding round in May, talk about launching their brand during a pandemic, setting goals for the company and taking part in an industry where female founders are few and far between. "[W]e felt like being women was just a really great opportunity because we were speaking to our consumer, who is largely female," Diaz said.
Full Story: The Wall Street Journal (7/23) 
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Jean Savage's industrial career included stops at Parker Hannifin and Progress Rail before becoming chief technology officer at Caterpillar and, since February 2020, the first nonfamily CEO of Trinity Industries, a provider of railcar and highway products. This profile examines how she's learned from mentors, navigated complex situation and how she's steered Trinity through a new strategic plan and headquarters move despite the pandemic.
Full Story: D CEO magazine (Dallas) (June-July 2021) 
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Diversity & Inclusion Trends
PepsiCo's latest diversity, equity and inclusion report offers insights into the company's progress on promoting women and people of color and tackling bias in the workplace. "This means further evaluating our recruitment, development, and retention practices, reshaping the workplace culture to foster inclusion, and better mitigating unconscious bias and stereotypes," says Ronald Schellekens, executive vice president and global chief HR officer.
Full Story: Baking Business (free registration) (7/22) 
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Yum Brands grew the proportion of women in leadership roles to 47% last year, and the parent of chains including Pizza Hut, KFC and Taco Bell plans to achieve gender parity in leadership roles by 2025, five years earlier than previously planned. In its 2020 Global Citizenship & Sustainability Report, the company also shares progress on a number of other diversity, inclusion and sustainability goals.
Full Story: Nation's Restaurant News (free registration) (7/27) 
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Less than 45% of the 10,000 consumers polled by FleishmanHillard in the US, UK, Germany, China and Brazil are amenable to letting companies collect their personal information with the promise of added convenience, while 47% report their brand perceptions are shaped by provided benefits. The study also found that 65% of individuals expect CEOs to speak about important societal issues, while the majority also want these executives to support and influence environmental issues and show a commitment to diversity, equity and inclusion.
Full Story: PRSAY (7/20) 
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Sephora expects to reach its goal of sourcing 15% of prestige hair care brands from Black-owned companies by the end of the year, according to the company's latest diversity, equity and inclusion progress report. The retailer recently signed eight new brands founded by women of color, and Sephora expects to meet the goal of doubling the number of Black-owned beauty products by year's end.
Full Story: Women's Wear Daily (subscription required) (7/28) 
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If the ends don't justify the means, then what does?
Bob Moses,
civil rights activist, educator
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