Ecolab Chairman and CEO Doug Baker Jr. spoke to a crowd of more than 1,000 of the nation’s most successful entrepreneurs during the 2018 Strategic Growth Forum in Palm Desert, CA, this morning. Doug answered questions asked by EY’s U.S. Chair and Managing Partner Kelly Grier. Here are excerpts: Kelly: [Regarding dealing with a transforming, […]
[Verbatim from the WSJ] After General Mills in 2014 acquired Annie’s Homegrown Inc., maker of organic bunny-shaped pasta, some Annie’s employees said in interviews that they didn’t want to “get Kashi-ed.” Carla Vernon, president of General Mills’ natural and organics business, including the Annie’s brand, said on Thursday that the cereal giant understands the potential perils of folding smaller […]
A recent analysis of 668,000 online job applications on Glassdoor found Minneapolis is the nation’s leading city for job seekers who don’t want to move, according to Harvard Business Review. This is good news for the Twin Cities area as it means it’s retaining workers during times of dwindling talent supplies nationwide. However, it also […]
This Harvard Business Review article points out something business journalists and investors often fail to remember and act upon: A CEO going through extreme challenges is usually only as good as his or her board of directors. Target Corp. was an example of this a few years ago. Then Ecolab Chair and CEO Doug Baker […]
Wayzata-based Northern Oil and Gas, Inc. last week announced it was realigning executive job responsibilities in an effort to “optimize the daily management of the company” and better position it to capitalize on growth opportunities. Effective July 5, Brandon Elliott switched from president to CEO, and Mike Reger switched from CEO to president. One of […]
Although this KARE-11 segment is about a year old, it’s still relevant today… Before You Start Ask yourself: Is this the most passionate thing you want to spend your time doing? Is this something that addresses a need? Can this scale into something really big? How long can you go without financial stability, or even […]
This is an excerpt from an interesting story in MIT Sloan Review: According to conventional wisdom, goals should be specific, measurable, achievable, realistic, and time-bound. But SMART goals undervalue ambition, focus narrowly on individual performance, and ignore the importance of discussing goals throughout the year. To drive strategy execution, leaders should instead set goals that are […]