Ford is removing CEO Mark Fields and replacing him with Jim Hackett, chairman of subsidiary Ford Smart Mobility, sources say. Executive Chairman Bill Ford and other board members reportedly have lost confidence in Fields.
Ford is reportedly bowing to shareholder pressure and replacing CEO Mark Fields with Jim Hackett, who led turnarounds at Steelcase and University of Michigan athletics and currently leads a unit of Ford. The automaker's profits have slipped in the past year-plus as it has invested in self-driving-car technology and other forward-looking areas.
Card catalogs stopped being printed in 2015, but Librarian of Congress Carla Hayden says the book system is part of an important history. "It was really the first search engine, so I think for younger generations it is an eye-opener to think about the written catalog and how far we have come in organizing data and making it findable," she says.
Leadership and career books such as Eric Barker's recent book "Barking Up The Wrong Tree" can help you cut through the weeds and figure out what's applicable for you, "but don't expect all the answers to be magically delivered," writes James daSilva. Barker's book focuses on being smarter about success, including what that means in this context.
The advisory industry is facing a shortage of labor, as the workforce ages and a large pool of talent is absorbed by firms offering hybrid services. By 2022, the shortfall is expected to hit 200,000, according to consulting firm Moss Adams.
Leaders should worry about who they are rather than seeking to impersonate others, Jesse Sostrin writes. He offers instructions on how to uncover your authenticity, such as mapping out what's preventing you from being yourself and the patterns behind such behaviors.
Charisma is often spoken about when discussing innate qualities, but charisma can be learned, writes Sarah Weber. She points to two things that help develop charisma: learning to engage the audience and projecting your passion for what you're discussing.
Encouragement, defined as "challenge wrapped in affirmation," is best reserved for when people do their best but still miss the mark, writes Dan Rockwell. Try asking questions like "How might your contributions make a difference in future efforts?" or "What will you do next time?" to nudge people toward improvement.
The problem with "hustling" is that it mistakes action for progress and inactivity with wastefulness, writes Jesse Lear, co-founder and CEO at V.I.P. Waste Services. "When I hear someone bragging about the intensity of their hustle, my first thought is, 'I'm glad you're working so hard, but what are you actually getting done and why are you doing it?' " he writes.
Treating everyone the way you'd like to be treated means you'll fail to identify and accommodate other people's needs, says Lisa Su, CEO of AMD. To improve your team, "treat everyone as an individual, in terms of what they need to be successful and how they need to be coached," she says.
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