What's on Your Mind?

I keep coming up against a logical fallacy in strategy that I feel compelled to address. The logic holds that when a company has a shareholder-unfriendly component of its portfolio—e.g. the business in question is cyclical, or it is low-growth or low margin—the company should diversify to make that business less-shareholder unfriendly. I take on the fallacy in this Playing to Win/Practitioner Insights (PTW/PI) piece entitled Diversification Can’t Disappear a Strategy Problem: It Just Creates a Different Problem. And as always, you can find all the previous PTW/PI here. The argument The usual motivator of this argument is cyclicality: We have a cyclical business, an…

You might think of Walmart as America’s quintessential big box store—the place you can get everything from Hanes T-shirts to large screen TVs to cleats for your kid’s soccer uniform. But Walmart isn’t defying shaky consumer confidence because of the breadth of its offerings, which impressively stretches to 120,000 products at most stores. Customers aren’t flocking into stores to buy made-in-America T-shirts, as I wrote about in May, thanks to a novel partnership with American Giant. Or because it is adding more high-end products (at lower prices than you’d find anywhere else), as I covered in October in this profile of its chief merchant Latriece Watkins. Nor is …

A copy of the first Superman issue, unearthed by three brothers cleaning out their late mother’s attic, netted $9.12 million this month at a Texas auction house which says it is the most expensive comic book ever sold. The brothers discovered the comic book in a cardboard box beneath layers of brittle newspapers, dust and cobwebs in their deceased mother’s San Francisco home last year, alongside a handful of other rare comics that she and her sibling had collected on the cusp of World War II. She had told her children she had a valuable comic book collection hidden away, but they had never seen it until they put her house up for sale and decided to comb through her belo…

Apple said on Monday it is cutting jobs across its sales teams to strengthen its customer engagement efforts, noting that only a small number of roles will be impacted by the layoffs. An Apple spokesperson told Reuters that the company is continuing to hire and the affected employees can apply for new roles. The impacted employees include account managers serving major businesses, schools and government agencies, according to Bloomberg News, which had reported the news earlier in the day. Staff who operate Apple’s briefing centers for institutional meetings and product demonstrations for prospective customers were also affected, Bloomberg said. One of the …

Only a week after experiencing a dreaded “death cross,” and subsequently seeing its value fall to less than $81,000, Bitcoin is showing some signs of recovering. On Monday, BTC’s price topped $89,000, and as of early Tuesday, are hovering around $87,500. To be clear, the slump is far from over—the coin saw its price top $124,000 just last month—and no one can predict what will happen next, but it’s a clear upswing in momentum. All told, when Bitcoin bottomed out at $81,000, it had fallen around 35% off its high. There were several reasons for the selloff, including outflows from large institutional investors and broader economic uncertainty, among other thin…

European and Asian shares mostly gained on Tuesday after U.S. stocks rallied on hopes the Federal Reserve will cut interest rates soon. The futures for the S&P 500 and the Dow Jones Industrial Average slipped 0.1%. Germany’s DAX edged 0.1% lower to 23,216.76 and the CAC 40 in Paris added 0.1% to 7,965.77. Britain’s FTSE 100 likewise gained 0.1%, to 9,542.55. In Asian trading, Tokyo’s Nikkei 225 picked up 0.1% to 48,659.52 as a plunge in technology giant SoftBank’s shares weighed on the market. It fell 10.3% on concerns that returns from its heavy investments in OpenAI may be threatened by the next generation Gemini artificial intelligence model that Google launched…

Shares in Alphabet Inc (Nasdaq: GOOG), the company better known as Google, are rising again in premarket trading today. The stock is currently up by more than 4% following yesterday’s rise of 6.2%. If those gains hold, Google could be set to become the world’s next company with a $4 trillion market cap today. Here’s what you need to know. Why are GOOG shares rising? Shares in Alphabet have had a stellar run as of late. Yesterday, they rose more than 6.2%. Over the past five days, they have been up more than 11.5%. Over the past month, they have jumped more than 22%. And over the past six months, they have been up more than 87%. And that’s before…

After entrepreneur Brynn Putnam sold her smart fitness company, Mirror, to Lululemon for $500 million in 2020, she was looking for her next big idea. It was the middle of the pandemic, and Putnam was living with five kids ranging in age from 2 to 21. She says she often found herself dreaming of an activity that would get her whole family to sit down and connect with each other. Brynn Putnam “When we played games, we were either playing board games like Candyland, so that the littlest ones could participate, or we would try to play video games, but the teenagers who’ve logged a lot of hours on sort of modern controllers would always smoke us,” Putnam says. “There wa…

In his new book Ding Dong: How Ring Went from Shark Tank Reject to Everyone’s Front Door, Ring founder Jamie Siminoff pulls back the curtain on the chaotic, often absurd reality of building one of the most recognizable consumer tech brands of the last decade. The following excerpt captures one of the book’s most pivotal moments: the high-stakes, borderline-reckless gamble to secure the name “Ring.com,” a decision that nearly emptied the company’s bank account, tested the patience of his investors, and set the stage for a brand that would soon reshape home security. eBay.com. Half.com. Cars.com. Shop.com. Toys.com. And yes, Nest.com. So many great four-letter domain na…

Chris was frustrated. He’d used Artificial Intelligence (AI) extensively in college. Now at his first job, he saw very few of his colleagues ever experimenting with it. At first, Chris tried bringing up AI conversationally. He mentioned creating a meal schedule, as well as planning a cool weekend trip itinerary. But when he suggested to his manager how they might want to incorporate AI into their workflow, he felt rebuffed. Chris isn’t alone. As the first group of highly experienced AI users is starting work, they have experience with AI. However, they lack the credibility and subject matter expertise to transform workflows. Championing change management initiativ…

Media personalities and online influencers who sow social division for a living, blame the rise of assassination culture on Antifa and MAGA. Meanwhile, tech CEOs gin up fears of an AI apocalypse. But they’re both smokescreens hiding a bigger problem. Algorithms decide what we see, and in trying to win their approval, we’re changing how we behave. Increasingly, that behavior is violent. The radicalization of young men on social networks isn’t new. But modern algorithms are accelerating it. Before Facebook and Twitter (X) switched from displaying the latest post from one of your friends at the top of your feed with crazy, outrageous posts from people you don’t know…

When I launched my first business in my twenties, I thought success meant doing everything alone. I believed that if I worked hard enough, read every business book, and put in the hours, I’d eventually figure it all out. What I quickly realized, however, is that you don’t find the most valuable growth strategy in your balance sheet. You find it in your network. As the founder of Boston Business Women, I’ve watched thousands of women start and scale companies over the last decade. In 2024, women started 49% of all new businesses in the U.S., up from just 29% five years earlier. And while that growth is impressive, the gap between potential and access still looms large.…

You’re probably winding down from work and getting ready for a few days at home with your family. But anybody with caregiving responsibility knows that the Thanksgiving and Christmas breaks will not be relaxing. Since the United States does not have a federal policy that gives workers paid time off after giving birth, having a medical procedure, or to care for a loved one, many will cram this labor into their precious holiday time. Many of us have a colleague who will come back to work exhausted after spending time with a dying parent, having taken advantage of the time off from work to figure out hospice and funeral arrangements. Or one who will be caring for a sibl…

Leaving your corporate job for a solopreneur path is a bold move—and it can feel terrifying. But as long as you’re prepared, it can be a smart move, especially in the current rocky job market. I worked at one corporate job for 15 years. Then I pivoted to a new career in marketing. Eighteen months later, I was working for myself as a full-time freelance writer. Within two months of going solo, I had replaced my salary at a marketing agency, but I’d also taken a lot of baby steps in advance of making the switch. You can make the transition to solopreneurship easier if you build a safety net before you walk out the corporate door. Here’s how. Calculate how much…

In a new legal filing, Meta is being accused of shutting down internal research that showed people who stopped using Facebook experienced less depression, anxiety, and loneliness. The allegations come as part of a lawsuit filed by several U.S. school districts against Meta, Snap, TikTok, and other social media companies. The brief, which was filed in the U.S. District Court for the Northern District of California but is not yet public, reportedly claims the study, called Project Mercury, was initiated in 2019 and was meant to explore the impact of apps on polarization, news-consumption habits, “well-being, and daily social interactions.” Plaintiffs in the suit say…

The phrase quiet quitting has been cast as a generational rebellion, a disengagement crisis, and a leadership failure, all rolled into one. The narrative suggests that half of your workforce has decided to coast, collecting a paycheck while doing the bare minimum. According to new global research from Culture Amp, which analyzed the experience of 3.3 million employees worldwide, fewer than 2% fit into the definition of quiet quitting—that is, employees who lack motivation to go above and beyond but still plan to stay with their company. That finding challenges the viral narrative, suggesting that what’s happening inside organizations is more nuanced than a mass wi…

When work was drying up for freelance writer Megan Carnegie, she found herself compulsively hopping between apps and social media. “LinkedIn, WhatsApp, emails—and it was just terrible for my focus,” she says. “I was anxious about getting work.” On a whim, Carnegie (who’s also contributed to Fast Company) popped into a store selling secondhand computer equipment and bought an old Nokia burner phone. During the workday, she would use the burner for calls, and in the evening, switch back to her smartphone. With no access to apps and one fewer way to access the internet, her urgency and anxiety dissolved. “I just loved the quiet,” she says. The effects of social media…

Below, Ben Rein shares five key insights from his new book, Why Brains Need Friends: The Neuroscience of Social Connection. Ben is an award-winning neuroscientist who has spent a decade studying the biology of social interaction. He is the chief science officer of the Mind Science Foundation, an adjunct lecturer at Stanford University, and a clinical assistant professor at SUNY Buffalo. He also teaches neuroscience to an audience of more than 1 million social media followers. What’s the big idea? Loneliness is a problem. Many of us feel this, and all of us are seeing it affect society. But why is isolation so harmful? Why are virtual interactions a poor substit…

Today’s job market is more ruthless than ever, leaving many desperately clinging to their roles amid mass layoffs and side-eyeing the competition. In such environments, a rival colleague or workplace nemesis may make themselves known. Watching a smug colleague get called out for a mistake in a meeting or blundering a promotion is often deeply satisfying (even if we may not admit it). Many know the German name for this impulse, schadenfreude: pleasure derived by another’s misfortune. But another, more work-related term that has emerged recently is fail watching: a coping strategy born from today’s challenging job market as a way to make us feel better about our o…

Lately, at every networking event or leadership roundtable, I’m hearing the same things on repeat. CEOs are focused on growth in an uncertain context. HR leaders are worried about retention and employee burnout. Managers are trying to figure out how to build connection in hybrid workplaces that feel more transactional by the day. Everyone is chasing new strategies for engagement, inclusion, and belonging—yet most are overlooking one of the simplest, most powerful tools we all have: mentorship. In an age where technology evolves faster than people can keep up, mentorship is the real accelerator. It’s how knowledge sticks, how culture travels, and how innovation spr…

The average U.S. employee clocks nearly 21 full business days working from their phone each year. That’s according to new research from Adobe Acrobat, who surveyed over 1,000 full-time employees on their habits and opinions around work phone etiquette. As worklife boundaries continue to blur, the work doesn’t stop when you step out of the office’s four walls. For many employees, they now carry it with them in their pocket, checking emails first thing from bed, or making calls on the go between meetings. In the early days of the iPhone, the “sent from my . . .” signature conveyed status. Back in 2013, The Atlantic referred to it as a “humble brag.” More than a de…

The Bezos vs. Musk battle for satellite internet service is heating up In what’s rapidly becoming the new space race: Amazon will start testing its high-speed internet service that it’s building out to compete with SpaceX’s Starlink service. With a broader rollout planned for next year, Amazon announced on Monday some updates to its Leo network—including a new program that will see select businesses taking part in an “enterprise preview” of the forthcoming service. In turn, Amazon can collect feedback to tailor services for specific industries. “Amazon Leo represents a massive opportunity for businesses operating in challenging environments,” Chris Weber, vic…