Posts filtered by tags: Sull[x]


 

Low pay isn't causing people to quit their jobs — toxic workplace culture is

Steve Pfost/Newsday RM via Getty Images Compensation isn't the biggest factor in an employee deciding to quit, a new analysis found. Toxic workplace culture is 10.4 times more likely to contribute to an employee leaving. Retail workers are the most likely to quit, but firms like SpaceX have also had a high quit-rate. Workers are quitting their jobs in record numbers. But what's nudging them out the door isn't low pay — it's toxic workplace culture. That's according to a ne...
Tags: Spacex, Careers, Trends, Bloomberg, Netflix, Mckinsey, Employee Retention, McKinsey Company, MIT Sloan Management Review, Ella Cerón, Donald Sull, Avery Hartmans, Bloomberg Global, Sull, Aine Cain, Toxic Workplace


From bootstrapped to a $2.1B valuation, ReCharge raises $227M for subscription management platform

ReCharge , a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 billion valuation.  Summit Partners, ICONIQ Growth and Bain Capital Ventures provided the capital. Notably, Santa Monica, California-based ReCharge was bootstrapped for several years before raising $50 million in a previously undisclosed Series A from Summit Partners in January of 2020. And, it’s currently cash flow positive, accordi...
Tags: Food, Fundings & Exits, Startups, TC, Cloud, Ecommerce, Europe, California, Funding, Startup, Tech, E-commerce, Software, SaaS, Venture Capital, Harry


6 Concepts For Competing Differently In Uncertainty

Many of us are reading more than usual these days – perhaps one of the scarce positive aspects of the COVID crisis. For business readers seeking inspiration on what comes after COVID that will enable The Great Reboot of their enterprise, here are two recommendations. First, consider The Upside of Turbulence by Donald Sull, now at MIT and previously at London Business School when this work was published back in 2009. The book was written with the financial crisis front-of-mind, but the thinkin...
Tags: India, Intel, Mit, New York Times, Dartmouth, Royal Caribbean, Branding, London Business School, Clark Gilbert, Harvey Firestone, Brand Management, Vijay Govindarajan, Lakshmi Mittal, Donald Sull, Steve Wunker, Sull


The Difference Between Strategy and Operational Effectiveness

  “When people are used to think about something in a particular way, they have great difficulty in thinking about it in new ways.” [Karl Duncker]     The problem compounds when the source of our thinking is confusion. Clarity of thought creates advantage in action. But the two, which in business we most commonly refer to as strategy and execution, are not one and the same. It's especially important to understand the difference when it comes to operational effectiveness.     W...
Tags: Apple, Japan, Microsoft, Steve Jobs, Marketing, West, Ikea, Toyota, Richard, US Army, Sega, US Air Force, Southwest, Karl Duncker, Porter, Vanguard