Incoming General Mills CEO Jeff Harmening is tasked with reviving yogurt brand Yoplait, whose sales dropped so much over the past year that the brand single-handedly caused a category decline. Greek yogurt, led by Chobani, and the management practices of Kraft owner 3G are weighing on General Mills.
When leaders know their weak points, they can find complementary people to help them and strengthen the organization, says Linda LeMura, president of LeMoyne College in New York. "I try hard to surround myself with people who have skill sets that I don't have, who could be intellectually stronger than I am, who will challenge our thinking on a daily basis," she says.
Making company values transparent and all-encompassing increases the likelihood that all members of an organization, regardless of their level or physical location, will feel accountable and apply them in their day-to-day work, writes Terry St. Marie.
Etsy's management practices, including its certification as a B Corporation and its spending on employees' comfort, left it vulnerable to activist investors who recently forced out the CEO. Etsy may be a victim of its own success, as no one thought initially the company would successful enough to survive, let alone go public, write Max Chafkin and Jing Cao.
Technology companies are taking the lead on researching the creations of tomorrow, such as artificial intelligence, as the government takes a step back, writes Farhad Manjoo.
Two congressional districts in North Carolina rely too much on race, the Supreme Court has ruled. In partial dissent, Justice Samuel Alito said that the majority should have considered a 2001 precedent and that the plaintiffs should have proposed a configuration for the districts that was less reliant on race.
Procter & Gamble, Deloitte and Accenture were ranked among the top five companies for multicultural women, according to Working Mother. The CEOs of the top companies tend to meet regularly with a diversity executive and provide annual diversity updates to the board, according to the ranking.
Sarah Kauss started S'well after recognizing that there would be a market for a better water bottle, and now the company's products are available in 65 countries. Kauss, who worked in consulting and commercial real estate before starting her company, said she "used every single thing that I learned in those careers and the different experiences made me have the confidence to do what I do right now."