good morning.
It's been almost 10 years since I started writing this daily newsletter, and I have two more weeks until I stop. So, stick with me over the next two weeks as I share some final thoughts.
The business world has changed dramatically over the past decade. The technological transformation has been well documented elsewhere. But what I've discovered from countless roundtables with CEOs is that conversations that purport to be about technology can quickly turn into conversations about people. How can we lead in this era of unprecedented change? How can you get your team to embrace, rather than resist, the transformative potential of technology? How can you be engaged, inspired, and empowered to drive your business in alignment with your company's mission and values?
CEO Daily and luck More broadly, we have helped leaders answer these questions. Our reports, storytelling, benchmarks and conferences are all aimed at achieving the same goal: improving your business. How successful we are will be determined by others. But I asked some CEOs to seriously consider the following questions: luck What is important and relevant to you in today's world? We'll be sharing their answers over the next two weeks. Let's start with a few:
“luck This is critical to the business world, not only recording huge movements but also driving thought leadership and innovation. In an era where misinformation is abundant and wisdom is scarce, luck sets itself apart by not just reporting on the state of the global economy, but providing insight into the very things that shape it. ”
—Albert Bourla, CEO of Pfizer
“In a business news environment largely defined by headlines and soundbites; luck We provide deep insights and sharp perspectives to explain today's challenges and help you better anticipate tomorrow's opportunities… [It] Cut through the noise and understand what matters to your business. ”
—Karen Lynch, CVS Health CEO
“Today's business leaders must be comfortable adapting to uncertainty and rapid change. luck is the trusted resource for addressing that change, with timely insights, rich storytelling, and rigorous rankings to hold companies accountable. We salute their commitment to not only reporting on the current state of business, but also to making business better for generations to come. ”
—Ed Bastian, CEO, Delta Air Lines
This will continue in the future. News below.
alan murray
@alansmurray
alan.murray@fortune.com
top News
exposure basics
Last June, Elon Musk's tunneling startup The Boring Company forced the suspension of the Las Vegas monorail after workers exposed the foundations of two pillars. The problem was quickly resolved, but in October a boring crew exposed the foundation of another column. luck have previously reported Hazardous working conditions at a boring company's work site. luck
End of GE's Leadership Academy
GE has sold the Crotonville Management Training Academy outside New York City. The company opened the 60-acre campus in 1956, but GE Aerospace CEO Larry Culp says the campus is now meaningless after GE was split into three separate companies. states that there is no Other companies, such as Boeing and 3M, are hoping to market executive training camps, preferring instead to use video conferencing software or host training in off-site hotels. wall street journal
Apple's slump
Apple lost its crown as the world's top smartphone brand earlier this year as sales slumped. According to research firm IDC, Samsung had a 20.8% market share in smartphone sales in the first quarter of 2024. Apple's share was 17.3%, ahead of Chinese smartphone maker Xiaomi's 14.1%. Apple faces fierce domestic competition from brands such as Huawei and Honor in China, one of its most important overseas markets. Reuters
around the water cooler
A new front-runner has emerged in Boeing's CEO search, which insiders say could mean fundamental changes for the struggling $104 billion aircraft maker. Written by Sean Tully
Tom's Shoes founder joins men's retreat with other entrepreneurs to battle loneliness and depression: 'I lost a lot of my definition and purpose' Written by Alexa Mikhail
'The Oracle of Wall Street' details why home prices are plummeting 30% due to 'American male crisis': Gaming, rampant loneliness and lack of single female homebuyers Written by Alena Botros
The pay gap between the US and UK is real. Look at how much the heads of Exxon Mobil and Chevron make compared to the heads of Shell and BP. Written by Pratana Prakash
Commentary: The US is the undisputed world leader in quantum computing, even though China spends eight times more on quantum computing technology – but own goals will soon erode US advantage there is a possibility Written by Kim Jun-sang and Christopher Monroe
The Great Resignation is effectively over. We are currently in a talent stagnation, and employers' biggest concern is the lack of qualified applicants. Written by Jane Tie
THis edition of CEO Daily is curated by Nicholas Gordon.
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