After a chorus of Fortune 500 companies criticized Georgia’s new law imposing new voting-rights restrictions, and Major League Baseball pulled this year’s All-Star Game out of Atlanta, a chorus of Republicans responded by inveighing against what’s often called “woke capitalism” — big companies flexing their muscles in defense of progressive social causes. Donald Trump called on his followers to boycott a laundry list of companies that had come out against the Georgia law: “Major League Baseball, Coca-Cola, Delta Airlines, JPMorgan Chase, ViacomCBS, Citigroup, Cisco, UPS and Merck.” Senate Minority Leader Mitch McConnell warned corporations to stop behaving like a “woke…
Chances are if you’ve spent time in offices, you’ve spent time around whiteboards — and, perhaps, you’ve spent time dreading them. But where did these things come from, and how did they become a physical symbol of the mandatory brainstorming session?
Fittingly, the precise history of the whiteboard is somewhat tentative and subject to revision and correction. Many accounts give inventor credit to a Korean War veteran named Martin Heit, who discovered he could write on film negatives with a Sharpie, then wipe the markings away; in the mid-1950s, he designed the first whiteboard, essentially coated with a similar laminate…
Video games have taken off during the pandemic, but it’s proven to be an Achilles’ heel for the e-commerce giant. A new Bloomberg investigative story, based on interviews with more…
In Marker’s analysis of the “best of 2020 business books” lists, the book that appeared on most lists from the business media and booksellers was No Rules Rules by Reed Hastings and Erin Meyer. Hastings, co-founder and co-CEO of Netflix, and Meyer, a professor at the business school INSEAD and author of The Culture Map, take turns narrating this book about how Netflix’s unique organizational culture evolved and how it works.
Built around maxims like “We are a team, not a family” and “Adequate performance gets a generous severance,” doing away with controls like vacation limits and expense approvals, and…
Co-authored with Liz Fosslien
“The social responsibility of business is to increase its profits,” declared economist Milton Freidman in a 1970 essay for the New York Times. Decades later, look where Friedman’s advice has left us: Social media businesses have accelerated the reach and rise of extremist groups, our collective mental health is on a steep decline, and, for the first time, today’s earners will likely be worse off than their parents. As Ford CEO Jim Hackett astutely pointed out, Friedman’s philosophy has “fomented the unsustainable inequalities that plague America today.”
Sexual misconduct haunts the corporate world. It’s in the headlines every week, and corporate boards, executives, and rank-and-file employees have begun to realize that it’s a problem they need to fight. But before we can effectively fight the problem, we need to map out — in concrete detail — its scope and span. Here are some of the specific questions about sexual misconduct in the workplace that anyone concerned — whether in leadership or the ranks — needs to be able to answer, to protect themselves and their organizations:
See if this sounds like something that happened to you this year: You’re in a meeting, a new business pitch, or a job interview, and someone declares in a totally straight-faced, unironic manner:
“My superpower is radical transformation.”
Or: “My superpower is detecting cultural trends.”
Or: “My superpower is Excel sheets.”
If 2018 was the year of the #humblebrag — braggadocio (barely) camouflaged as humility — we went in the opposite direction in 2019. Brazenly pumping up skills into flat-out “superpowers” became not just acceptable but practically obligatory. How did this happen?