december 2 board

What We’re Reading: December 2 Edition

Below is Raines Intel’s December 2 curation of interesting reads about business, careers, hiring and more. Send suggestions to research@rainesinternational.com. Read last week’s curation.

1. Starbucks’ CEO Howard Schultz announced yesterday he was resigning in April 2017, with Starbucks’ president Kevin Johnson taking over. Schultz will remain executive chairman. Read “Starbucks Chief Howard Schultz to Step Down Next Year.”

2. John Hartmann, the President & CEO of True Value Company, wrote on LinkedIn about the company’s strategic plan for growth. True Value is emphasizing a “culture of accountability” and creating meaningful experiences to help refresh the company culture. Hartmann explains: “Realizing greater accountability produces greater results, True Value rolled out a culture change program collaborating with Partners in Leadership of The Oz Principle fame (https://www.partnersinleadership.com), focused on embracing accountability toward one another and to the organization. Moving toward a culture of accountability has led to people at every level of the organization embracing their role in our company’s transformation, focused on achieving game changing results. As part of this new culture our teams take very seriously the Steps to Accountability.” Read “Get Your Culture & Strategy to Feed Each Other.”

3. The Wall Street Journal’s Khadeeja Safdar looked at Gap CEO Art Peck and his prioritization of data in attempting to turnaround the company.

“Brand merchants, who serve as collection editors, are no longer involved in every product category,” the Journal reported. “Some items, like men’s dress shirts, can be stamped out by a foreign supplier without approval from a head designer. He is also pushing executives to pay more attention to Google analytics and market-research data to monitor consumer tastes.” Read “As Gap Struggles, its Analytical CEO prizes Data over Design.”

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