What You Should Know About H.R. McMaster, Donald Trump’s New Security Adviser

  H.R. McMaster is known in the Army as an independent thinker. A leader you may not know but will be hearing much more about is Army Lt. Gen. H.R. McMaster, President Trump’s choice as National Security Adviser to replace Michael Flynn. I’ve followed McMaster’s career for some time and can tell you he’s well…

3 Lessons From Apple On Making Perfect Products

A few best practices from the Fruit. Apple, the world’s most valuable publicly traded company, is also the World’s Most Admired Company for the tenth consecutive year, as Fortune announced yesterday. This is not exactly a surprise, even if it does seem unfair—like one kid being the richest, smartest, and best-looking in high school. But…

Why Kraft Heinz Won’t Stop Until it Devours Unilever

The mayo and Dove soap maker has two things that Kraft’s owner craves. Kraft Heinz’s $143 billion bid for Unilever was totally predictable. It was also a complete and utter surprise. It was predictable because it perfectly fit the playbook of 3G Capital—the private equity firm that runs Kraft Heinz KHC -1.84% and controls it…

Donald Trump Is Getting Pushed Around by Intelligence Agencies, Congress

And he’s losing power because of it. The Wall Street Journal this morning reports the astonishing news that national security officials have withheld sensitive intelligence from President Donald Trump because they feared it might be leaked or compromised. They don’t trust him, to put it bluntly, and as a result, he knows less than previous…

Tom Brady and LeBron James’s Next Great Opponent: Machines

The growth of e-sports could drastically change how we view athletes. The world’s strongest job security belongs to great professional athletes. No machine can yet do what Tom Brady or LeBron James or Serena Williams can do, and even if that becomes possible someday, no one will pay to see it. The human element—knowing that…

The Border Adjustment Tax May Have Zero Effect on American Companies

According to many economists — but they’ve been wrong before. An old joke says God created economists to make weather forecasters look good, and right now economists are feeling every bit of the disrespect embodied in that line. The issue is the House GOP’s proposal for dramatic corporate tax reform. For business leaders trying to…

Study: China Will Overtake the U.S. as World’s Largest Economy Before 2030

That’s a good thing. In this time of intense angst about America’s greatness (or, as some argue, loss of it), weak economic growth, and perhaps waning U.S. influence in the world, here’s a perspective you won’t hear much: America’s economy will not be the world’s largest for much longer, and that’s something for Americans to…

Ask Yourself These Two Questions About America’s Economic Future

Only then should you flip back on cable news. Today’s news environment has ADD. That’s why business leaders must occasionally disconnect from the tweet-powered media whirlwind and think hard about factors that do not make good SNL sketch material but that will deeply influence our future. So today—inspired by new PWC research finding that by…

Donald Trump’s Immigration Ban Ushers In a New Era of CEO Activism

And CEOs have a playbook on what does and doesn’t work. The amicus brief filed by nearly 100 companies on Sunday in the Trump immigration-ban imbroglio marks a turning point in CEO activism. By wading into a high-profile, hyper-politicized national debate, these leaders have ventured where only few have gone before. “The amicus brief is…

Why You Should Care That Facebook’s Getting Really Good at Facial Recognition

It speaks volumes about your own tech strategy. If you’re a CEO or manager in the U.S. right now, you know that technology is the big, secular factor holding the most danger and opportunity for your business. You’ve got really smart people in your company working hard on how technology can make you more competitive,…

To Save His Legacy, Ralph Lauren May Need To Leave Ralph Lauren

  Why the recent CEO shakeup is such bad news for the company. Ralph Lauren strongly exemplifies two classic patterns of CEO performance, one that’s inspiring and one that’s definitely not. The second pattern became clear yesterday when Ralph Lauren Corp. announced that Stefan Larsson would step down as CEO, a job he got just…

This is What Amazon’s Jeff Bezos Understands and Walmart Doesn’t

  In e-commerce, it’s all about the ease of purchasing. The latest evidence of Jeff Bezos’s strategic genius arrives in a new report revealing Amazon’s utter dominance of e-commerce. It’s worth every business leader’s study. This is the world’s fifth-most-valuable publicly traded company, worth $395 billion—more than AT&T and Verizon combined, for example. How did…