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CEO corner

Why Nike selected a tech executive as its next CEO. The company has been investing heavily in tech and data analytics. It sees its new CEO leading it into a future focused on data-driven, direct-to-consumer sales.

Why Nike selected a tech executive as its next CEO

"Parker, who has been Nike's CEO since 2006 and has worked at the company for four decades, will become the company's executive chairman, according to the press release."

This is one of the most important parts; Nike needed Parker in some sort of capacity after he steps down as CEO for 13 years.

Why

"Parker, who has been Nike's CEO since 2006 and has worked at the company for four decades, will become the company's executive chairman, according to the press release."

This is one of the most important parts; Nike needed Parker in some sort of capacity after he steps down as CEO for 13 years.

Why?

Because Parker steered the company through countless potential disasters, from the gender discrimination mess in 2018 and the Kaepernick campaign backlash to their disservice to pregnant athletes. He didn't just address them; he fixed the problems, wiped out the bad actors, and managed to TRIPLE sales.

Parker is a heck of an architect.

Money, money, money

Live from the International Astronautical Congress

The business of travel

Marking 30 years of the web

The latest on Brexit

WeWork gets worse

SoftBank takes over WeWork. The board of the shared office company chose the Japanese conglomerate over a competing offer from JP Morgan, the Wall Street Journal reports. Co-founder Adam Neumann will lose control of WeWork—but get a $1.7 billion payout.

SoftBank to Boost Stake in WeWork in Deal That Cuts Most Ties With Neumann

Being a big fan of WeWork’s service, it is sad to see the devaluation hitting this level. Moreover, the payout to Adam N is beyond silly for a company that is going to need a major structural face lift.

WeWork is really a true unicorn: a creature that only was viable in the mind of Adam Neumann...

While I believe it might be possible to make the business model work through a greater focus on corporate customers, the governance and hubris on the company’s leadership and greedy backers quickly contributed

WeWork is really a true unicorn: a creature that only was viable in the mind of Adam Neumann...

While I believe it might be possible to make the business model work through a greater focus on corporate customers, the governance and hubris on the company’s leadership and greedy backers quickly contributed to unrealistic valuations.

And now SoftBank will have to live with the creature it helped create...

India's coal addiction

India’s hard push on renewables isn’t about climate change—yet. Quartz explores how India is meeting the challenge of providing increasing amounts of energy to its people while trying to lower its dependence on fossil fuels. ✦

India’s hard push on renewables isn’t about climate change—yet

Unlike the rest of the anglophilic world—Canada, the US, Australia, and the UK—India has never encountered a significant culture of climate-change denial. But the awareness of climate change in India hasn’t been high either. So the rise of renewables in India, which has been nothing short of spectacular

Unlike the rest of the anglophilic world—Canada, the US, Australia, and the UK—India has never encountered a significant culture of climate-change denial. But the awareness of climate change in India hasn’t been high either. So the rise of renewables in India, which has been nothing short of spectacular, has other motivations: from energy security to soft power.

Making immigration work

Time to get lost in a museum...

New York's MoMA has reopened and it's a whole new experience. After the 90-year old institution’s $450-million expansion, it’s now possible to get lost at the new “mega MoMA.” That’s a good thing.

It’s now possible to get lost at the new “mega MoMA.” That’s a good thing

MoMA used to be my favorite museum in New York and now it's my favorite by a long shot. Aside from a few placings that feel designed for content creation (👀 surrealist section), this expansion is forward-thinking and inspired.

... and come back soon

Close

The 21st century belongs to China—but the 22nd will be Africa’s

Read more on Quartz

From Our Members

  • Whether this will be true depends very much on the choices and actions of today. And one thing is for sure: if the 22nd Century is to be Africa’s century, then the continent needs to move quickly from an aid paradigm to an investment paradigm. Dependency does not spur innovation. Smart investment does.

  • In most cases, “leapfrogging” is a direct result of lack of infrastructure as resources are forced to find more efficient ways to secure provisions, means of commerce, and transport. So, China’s investment should be and hopefully will be aimed mostly, if not fully, at literal infrastructure - the ability

    In most cases, “leapfrogging” is a direct result of lack of infrastructure as resources are forced to find more efficient ways to secure provisions, means of commerce, and transport. So, China’s investment should be and hopefully will be aimed mostly, if not fully, at literal infrastructure - the ability to quickly and safely get from A to B. In a connected world “Leapfrogging” can be a curse as nations are not forced to build and grow the typical structures that underpin commerce and trade - hence the explosion in African mobile payment technology and other sectors aimed squarely at addressing weaknesses in infrastructure, politics, banking, and so on. Too long have companies and foreign nations taken advantage of Africa, its people, and its resources due to this fact.

    I have written about my admiration of China’s perfectly planned and perfectly executed new world order. I’ve also written of my fear of it too. They have been and continue to be laser-focused on progress in several key fronts. They are aided in their mission by 2 key factors in my mind: a distracted US - which seems to be quagmired in political and economic unrest and their willingness to invest in areas or sectors other 1st world nations see as unattractive like Africa.

    China’s willingness to be “early arrivers” and active participants in the areas least tapped for investment and opportunity will pay-off in spades. Additionally, what appears to be global/regional Chinese investment now may amount to global security concerns later.

  • “Cultural vibranium” is an interesting concept as it is very hard to imitate and hence can provide unique value in a complex and competitive world. I particularly like how the “ntu” concept can help seamlessly develop many things — solutions for caring about the environment, potential for accepting robotics

    “Cultural vibranium” is an interesting concept as it is very hard to imitate and hence can provide unique value in a complex and competitive world. I particularly like how the “ntu” concept can help seamlessly develop many things — solutions for caring about the environment, potential for accepting robotics and machine parts in humans, and other everything-is-connected networking concepts. I worry about the exhibitions of exclusion that materialize every now and then and that are fueling active conflicts across many countries. Perhaps some of us have forgotten how to really practice “Ubuntu”?

  • If we make it to the 22nd century and that’s a big if.

  • Nice to see someone optimistic about the future. I, for one, can’t get passed the feasibility of the whole planet being in environmental turmoil in 100 years. Blade Runner seems more feasible than Black Panther.

  • Sadly, the African continent's time to shine will come too late. AOC has projected the end of the world happens before Africa can develop from 3rd world to 1st.

  • Sorry, since this kind of article comes from USA, I don't buy shit of it.