Every week, we put together a list of our top 5 articles of the past week. Happy reading!
This is a cautionary tale of how one of the most successful toy retailers closed up shop. This Bloomberg piece recounts how the succession of CEOs, debt and lack of strategic direction all contributed to the downfall of an American giant.
Netflix is trying to change the way we change we watch television. As such, it is spending more on content than any other TV network in history. It will flit with 200 million subscribers by the end of 2020. One of the reasons for its success is it’s culture; empowering its team to take risks on shows. People also assume that the algorithm also helps make important decisions but it seems that it is not the case. Netflix has had a big head start in shaping this new world, and it figures to be rewarded for being first.
M&A done right can be a massive success. This overview of Fleetcor’s M&A strategy demonstrates how a company can have success by acquisition in its category.
Automation Will Make Lifelong Learning a Necessary Part of Work Harvard Business Review
Automation of the economy is around the corner. Workers will need to learn new skills and ongoing learning will be fundamental. The starting point for all of this will be a mindset change, with companies seeking to measure future success by their ability to provide continuous learning options to employees.
The gig economy is growing as evidenced by this latest research. The structure of how the sharing economy platforms (Uber, Lyft, AirBnb) function has an impact on worker’s well being; and this is not well understood. Several solutions are proposed to help protect workers in the form of regulations and controls.