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Strategic Planning is Dead. Here’s What’s Replacing It

Peloton’s CEO and founder, John Foley, resigned last week after missing an important shift in consumer behavior. The company’s once-raving fans apparently tired of taking live exercise classes at home and started returning to the gym, to be around — get this — other human beings! Result: Peloton’s stock plummeted amidst sharply declining sales, and investors are livid. Peloton’s sudden reversal calls to mind a new axiom…

What Innovators Can Learn From The Spectacular Rise And Crash of CEO Elizabeth Holmes, and the Blood-Testing Startup, Theranos

  Last week in a Silicon Valley courtroom, Theranos founder and CEO Elizabeth Holmes was convicted on four counts of fraud in connection with the failed blood-testing company she founded in 2003. The Stanford dropout will soon be sentenced to up to 20 years in prison. She joins a long list of convicted fakers that includes Bernie Madoff, Jeff Skilling,…

Finally, Some Good News for the Millennial Generation

  On a flight to Portland, Oregon the other day I read a report on what’s up with the Millennial Generation that got me thinking about the importance of tracking demographic trends. According to the study from the American Enterprise Institute, Millennials (those aged 26 to 44) suffer from excessive risk aversion and a failure to launch. They are forgoing…

How the Pandemic is Changing the Rules of Success

  The Pandemic will go down in history as the tragedy of our lifetimes. But it has set off what is being called a “future of work” revolution that is still in its infancy. This tectonic-sized shift has bestowed new leverage on workers: from frontline, essential employees all the way up the ladder. Other ramifications: Eighty-eight percent of employers are…
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