Retired boomers are Ski-ing—”spending the kids’ inheritance.” It will be a huge shock to millennial and Gen Z who expect a $124 trillion wealth transfer.
Ralph Waldo Emerson famously said, “A foolish consistency is the hobgoblin of little minds.” From his vantage point in the nineteenth century, he was expressing frustration with the typical leader who feels the need to stick with an opinion that has o…
The multimillionaire lifestyle mogul Martha Stewart says she’s jealous of people who achieve work-life balance—but suspects their lives are boring.
Bartender Andy Staane has spent 24 years at Newport Restaurant Group, where every employee is an owner. As baby boomers prepare to hand off up to $5 trillion in small businesses, its CEO says ESOPs are a “proven model.”
The Cost Plus Drugs cofounder told Texas lawmakers that insured patients are often better off paying cash—and laid out five fixes built around price transparency.
In February, Kraft Heinz’s new CEO, Steve Cahillane, did something unusual for an executive barely six weeks into the job. He paused the company’s planned breakup—the move, investors had been told, that would “unlock shareholder valu…
A big challenge for founders is persuading people that something should exist before there is enough evidence to feel entirely certain of it themselves. While you need conviction to do this, you also need to be willing to learn things that may change …
As billionaires flee the Golden State, the Nvidia cofounder says he’s happy to stay put and share the spoils of his success: “I am the ultimate American Dream.”
The JPMorgan Chase CEO admits Apple TV’s Ted Lasso offers a leadership lesson in balancing empathy and accountability while building a winning team.
The coaching leadership style focuses on developing people’s long-term capabilities rather than directing them toward short-term task completion. A coaching leader asks questions, challenges assumptions, and creates space for team members to work…
