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A CEO controls the 45% of company's performance. As exciting as it seems role of a CEO can be stressful, lonely and consuming.
The high standards and broad expectations of directors, shareholders, customers, and employees create an environment of relentless scrutiny in which one move can dramatically make or derail an accomplished career.
The CEO’s job is as difficult as it is important. So, here is a guide to how the best CEOs think and act.
In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany. This was according to a brief by the Center for Strategic and International Studies this month.
https://www.industryleadersmagazine.com/tesla-faces-scrutiny-along-with-other-brands-as-part-of-eu-probe/
Foreign brands including Tesla to face scrutiny as part of EU probe into China car subsidies, as per senior official
By Sep 30 about $15 million will be obligated to Elon Musk’s Space X with funding that supports 54 “mission partners” across the Army, Navy, Air Force and Coast Guard.
https://www.industryleadersmagazine.com/u-s-space-force-contract-won-by-elon-musk-space-x/
Elon Musk’s SpaceX has received its first contract from the U.S. Space Force to provide customized satellite communications for the military.
According to Goldman Sachs veteran expects a two-to-three-week-long government shutdown, beginning Oct 1.
There have been 14 partial government shutdowns since 1980, but only three lasted longer than a single week—in 1995, 2013, and 2018–2019.
https://www.industryleadersmagazine.com/goldman-sachs-veteran-warns-of-an-impeding-government-shutdown/
According to Goldman Sachs veteran expect a two-to-three-week long government shutdown, beginning from Oct 1.
On Wednesday, the VIX surged to 18.70, its highest level since May 25.
Besides the VIX, the index incorporates various data points such as the number of New York Stock Exchange-listed stocks reaching 52-week highs vs. those at 52-week lows.
https://www.industryleadersmagazine.com/intense-fear-grips-the-us-stock-market-once-again-inflation-and-govt-shutdown/
The ongoing negotiations to avert a government shutdown on October 1st drive the US stock market fear gauge.
Jim Ryan, the Sony Interactive Entertainment President and CEO will be retiring in March 2024 after 30 years in the PlayStation business.
https://www.industryleadersmagazine.com/jim-ryan-retiring-as-sony-playstation-ceo-in-march/
Sony Group (6758.T) said on Thursday its gaming chief Jim Ryan is stepping down as he would retire next March.
Looking ahead to the second quarter, Nike expects slight revenue growth compared to the previous year, along with a 1-percent-point increase in gross margins.
https://www.industryleadersmagazine.com/nikes-earnings-deliver-a-beat-despite-revenue-hit/
Despite falling short of revenue expectations, Nike's earnings for Q1 FY24 have surpassed forecasts, leading to a positive response in the stock market.
While Zuckerberg is still all-in on the metaverse, he’s talking a lot more about AI than at past Connect conferences. Meta Connect 2023 surely comes with a lot of surprises and no doubt we will hear more about “Metaverse” in future. Zuckerberg most certainly still believes in it, we can see it in a way he expresses his dedication about the future of “META.”
Former CEO and current Executive Chairman at LinkedIn Jeff Weiner has one simple rule for spending less time on emails: Stop sending them. Or at least, try to send fewer.
Here are 7 email lessons LinkedIn Chairman swears by:
Top CEOs incorporate mindfulness as a popular technique for better leadership and exceeding goals.
The importance of mindfulness in leadership is accepted by CEOs like Salesforce’s Marc Benioff, Def Jam’s Russell Simmons, Thrive Global’s Ariana Huffington, Oprah Winfrey (OWN), and Bill Gates (former Microsoft CEO) all practice it and encourage others to do the same.
https://www.industryleadersmagazine.com/healthier-mind-and-body-the-benefits-of-mindfulness-for-ceos/
Staying at the top takes focus, stamina, vision and self-care are some of the benefits of mindfulness for CEOs.
The 1987 stock market crash, notoriously dubbed “Black Monday“, was a turn of events that had left investors reeling.
It was a time of extreme volatility, turbulence, and uncertainty, with the Dow Jones Industrial Average plummeting a shocking 22.6% in a single day.
What would Jim Cramer’s guide to investing be for navigating the market during times of crisis?
https://www.industryleadersmagazine.com/jim-cramers-guide-to-investing-on-the-1987-stock-market-crash/
What would Jim Cramer's guide to investing be for navigating finances during times of crisis such as the 1987 stock market crash?
Warned by Jamie Dimon CEO of JP Morgan Chase on interest rates going up quite a bit further as policymakers face the prospects of elevated inflation and slow growth.
https://www.industryleadersmagazine.com/interest-rates-to-hit-7-warns-jp-morgans-ceo-jamie-dimon/
As per Jamie Dimon of JPMorgan interest rate will rise. he warned if Fed keeps raising interest rates to cool inflation, it will be painful.
FTC U.S. sues Amazon by stating that it has monopoly and misuses its powers, which quotes a seller as saying: “We have nowhere else to go and Amazon knows it.”
https://www.industryleadersmagazine.com/u-s-ftc-sues-amazon-for-being-a-monopolist/
FTC U.S. sues Amazon by stating it has monopoly and misuses powers, quoting a seller: "We have nowhere else to go and Amazon knows it."
Jeff Bezos, Founder of Blue Origin decided to replace its CEO Bob Smith with Amazon Executive Dave Limp.
He believes that the company needs to ramp production of its BE-4 rocket engines, return its space tourism rocket New Shepard to flight, and launch its next-generation New Glenn rocket for the first time as well as deliver on a recently-won NASA contract for a crewed lunar lander.
https://www.industryleadersmagazine.com/blue-origin-leadership-change-with-limp-of-amazon-replacing-smith/
There is going to be a change in Jeff Bezos’ Blue Origin leadership. The Blue Origin will replace CEO Bob Smith with Amazon's Dave Limp.
In the midst of the Fed’s hawkish watch, both the pound and the euro are taking a beating this month: The euro is on track for its steepest monthly fall since May while sterling is heading toward its worst monthly performance in a year.
https://www.industryleadersmagazine.com/hawkish-fed-supports-dollar-increase-to-a-6-month-high/
Global markets felt the heat as U.S. bond yields surged, a strong dollar hit a six-month high after Fed hawkish tone last week.
Anthropic’s Claude 2 is an AI model that is able to respond to particularly large prompts, setting it up to analyze long business or legal documents. And Amazon has decided to invest up to $4 Billion in Anthropic.
https://www.industryleadersmagazine.com/amazon-anthropic-deal-upto-4b-to-get-in-the-ai-race/
Amazon Anthropic deal was sealed on Monday to compete in AI race. Employees and cloud customers will gain early access to technology.
Rupert Murdoch on Thursday announced his retirement as chairman of Fox and publishing company News Corp., which owns the Wall Street Journal and New York Post, after a 70-year career.
Lachlan Murdoch, Rupert’s oldest son, will become the sole chair of News Corp. and continue as executive chair and chief executive of Fox Corp.
https://www.industryleadersmagazine.com/immediate-change-in-board-of-directors-by-new-fox-chairman-lachlan/
Two new members are nominated for Fox board of directors, just a day after Lachlan Murdoch stepped up as sole chairman of Fox Corp.
We as an employee love remote work culture, but CEOs have different point of view. From Mark Zuckerberg to Elon Musk, most top tech CEOs have ordered their workers back into their offices and Mike Bloomberg joins the list.
According to a study from Microsoft, 49 percent of leaders of hybrid workers have been struggling to trust their employees.
https://www.industryleadersmagazine.com/mike-bloomberg-on-remote-workers-theyre-playing-golf/
Mike Bloomberg believes that remote work is detrimental to an organization’s future, grouping all WFH employees under the bracket of playing golf instead of working.
What do CEOs care most about? It’s a critical question for business leaders throughout any organization. We set out to uncover the answer by studying several recent CEO surveys.
We identified six critical priorities, and addressing each of them requires contributions from across the organization. That’s why CEOs are looking to their lieutenants—CFOs, CHROs, CIOs, and other executives who drive major decisions—to understand and act on these priorities.
In conversation with Talia Soen, Founder and CEO of Happy Things we found out that happiness and well-being are her utmost priority.
Soen's dream as a 12-year-old began to turn into reality after a decade when she founded Happy Things.
Her mission to blend her passion with purpose was something that we were so intrigued about. Industry Leaders had a great time having a conversation with her and we hope that you have a great time reading it.
https://www.industryleadersmagazine.com/talia-soen-turning-happiness-into-habit/
Figuring out a stock's value can be as simple or complex as you make it. It depends on how much depth of perspective you need. If you see too much, it's easy to overlook the important points amid the complexity. If you see too little, you could miss a lot of important information.
How much is just enough? It's really up to you. What you might want to do first is have all your basics down pat. And that's what we'll explore here.
As the CEO of Pathways and a committed academic, Danny Gutknecht illuminates the indispensable significance of purpose in both the corporate world and broader society, encouraging readers to fully embrace its influential potential.
https://www.industryleadersmagazine.com/meaningful-work-fulfilling-life-danny-gutknechts-vision-of-integration/
Eli Lilly is taking legal action against fake Mounjaro selling. The Indianapolis-based drugmaker is accusing the four compounding pharmacies, which make customized drug preparations for customers, of violating federal and state consumer protection and competition laws by selling unregulated versions of Mounjaro.
https://www.industryleadersmagazine.com/eli-lilly-mounjaro-lawsuit-for-bogus-weight-loss-product/
Pharmaceutical company Eli Lilly has filed a lawsuit against several knockoff Mounjaro clinics and compounding pharmacies.
GM is offering UAW a 20% pay increase to continue making those investments. It believes that’s a very competitive offer, particularly given the company’s existing pay.
https://industryleadersmagazine.com/tough-talk-by-gm-on-uaw-strike-for-wages/
Automaker GM delivers hard-nosed message to UAW. The automaking giant is talking tough about united auto workers strike for wages.
Microsoft AI data leak included full backups of two employees’ computers. These backups contained sensitive personal data, including passwords to Microsoft services, secret keys, and more than 30,000 internal Microsoft Teams messages from more than 350 Microsoft employees.
Microsoft AI data leak included full backups containing sensitive personal data, including passwords, secret keys, and more than 30,000 internal Teams messages from around 350 employees.
Let’s get straight to the point: No successful organization would have been where it is today without effective leadership.
Effective leadership is almost always one of the main and primary drivers for growth, development, and innovation.
With Instacart's highly anticipated debut on the NASDAQ stock exchange, investors are eager to get their hands on this popular grocery delivery platform.
Don't miss out on this chance to be part of the Instacart phenomenon!
https://www.industryleadersmagazine.com/how-to-buy-instacart-stock-as-it-debuts-on-nasdaq/
So how to buy Instacart stock one of the most high-profile U.S. listings of 2023 (CART) starting today as it lists itself on NASDAQ?
FTX, a leading cryptocurrency exchange, has filed a lawsuit against the parents of its founder, Sam Bankman-Fried.
The company alleges that the couple inappropriately used and siphoned off millions of dollars in "fraudulently transferred and misappropriated funds".
https://www.industryleadersmagazine.com/ftx-sues-sam-bankman-frieds-parents-misuse-of-company-funds/
FTX’s lawsuit against Sam Bankman-Fried’s parents alleges that they accepted a $10 million gift and a luxurious $16.4 million home in the Bahamas, despite being aware of the company's financial struggles.
For investors seeking emerging market exposure, Southeast Asia IPO fits the bill, because of the region’s strong economic growth and increasing population, analysts say.
https://www.industryleadersmagazine.com/se-asia-companies-eyeing-u-s-ipo-in-absence-of-china/
SE Asia companies seek U.S. IPO look to raise between $300 million and $1 billion, with valuations ranging from $1.5 billion to $8 billion.
Eduardo Dávila, the charismatic CEO of Aon EMEA, has mastered the art of leading with a genuine touch.
No fake smiles or empty promises here. This leader embraces his true self and inspires others to do the same.
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Simply put, VUCA is a way of saying, "Things are hard to understand and predict at the moment!" and while this sentiment is often true, VUCA can help provide some structure and clarity around the problems that an organisation might face. #VUCAWorld #LeadershipQuality #LeadershipSkills
According to the Bureau of Labor Statistics, a typical employee made about $56,000 in 2022, while top CEOs made 324x of it. The CEO pay raise is continuing its upward climb, and the pay ratio is likely to be highlighted under public scrutiny. Considering the poor performance of companies in the market in 2022, even the smallest pay disparity between CEOs and employees is overbearing. Real wages fell by 2.4 percent and the average S&P 500 Index lost 18 percent, earning $18.3 million. Read this article to know more:- https://www.industryleadersmagazine.com/layoffs-this-month-wont-affect-ceo-pay-raise-goes-up-by-more-than-7-percent/ #IncomeInequality #CEOCompensation #WageGap #CorporatePerformance #Layoffs #PayDisparity #MarketPerformance #BusinessNews
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