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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

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Millennials Are Killing Yet Another Thing: Being Imperfect. And It's Not a Good Thing

Millennials Are Killing Yet Another Thing: Being Imperfect. And It's Not a Good Thing

Read more on Fortune

From Our Members

  • No duh. Helicopter parents coupled with randos on instagram flaunting their heavily curated lives is going to lead to burnouts. Everyone I know who is “successful” by that metric; good job, went to a top school, makes six figures a year, has had at least one psychotic break.

  • The headline (“Millennials Are Killing Yet Another Thing: Being Imperfect”) might be slightly tongue in cheek, but the underlying news is real -- and troubling. According to a study by the American Psychological Association, our society has increasingly been chasing perfectionism in the last 30 years

    The headline (“Millennials Are Killing Yet Another Thing: Being Imperfect”) might be slightly tongue in cheek, but the underlying news is real -- and troubling. According to a study by the American Psychological Association, our society has increasingly been chasing perfectionism in the last 30 years, a phenomenon largely pushed by millennials. And that’s not a good thing: perfectionism is associated with anxiety, depression, and other mental health conditions. So why the increase? In addition to a challenging job market and controlling parents, the study also cites the rise of social media and the anxiety and pressure it can bring.

  • I have to say, I do see these trends with my peer group anecdotally, for all the reasons cited. Still, I think there is as much ability for the opposite effect - coming together to support one another and overcome societal pressures - which I also see happening to an admirable degree, so I wouldn’t panic

    I have to say, I do see these trends with my peer group anecdotally, for all the reasons cited. Still, I think there is as much ability for the opposite effect - coming together to support one another and overcome societal pressures - which I also see happening to an admirable degree, so I wouldn’t panic just yet as the Millennials are still only just getting started.

  • To me it’s simple...millennials want more because more has been available to them with technology and opportunity. Our parents and grandparents just didn’t have that so millennials are lucky to be in a situation where they can want more bc it’s possible.

  • I do see my millennial students putting all kinds of pressure on themselves. But not just the workaholic/good student kind I know and love. Pressure to relax! Eat green things, yoga or cycle sufficiently hard, consume

    more talked about Netflix shows, build their social media “brand,” all measured by

    I do see my millennial students putting all kinds of pressure on themselves. But not just the workaholic/good student kind I know and love. Pressure to relax! Eat green things, yoga or cycle sufficiently hard, consume

    more talked about Netflix shows, build their social media “brand,” all measured by handheld metrics on their phone.

  • Fun fact: We also killed top sheets.