Sales and marketing departments can't "agree to disagree" if they're going to work together effectively, write Michelle Huff and David Satterwhite. Instead, the teams should start by agreeing on the key issue and embrace joint ownership of results to encourage real collaboration.
A report by Goldman Sachs predicts the unemployment level will drop from 4.1% presently to 3.5% by the end of 2019, a level last seen in the US in 1969. The smaller number of available job candidates may lead to wage growth.
Coca-Cola is experimenting with ways to get shoppers to buy its products online, and it continues to make acquisitions while denying plans to invest in alcoholic beverages. "Whether it's a bolt-on or it's anything transformational, it's always got to obey three criteria: there's a strategic fit, there's a logic strategically, and the numbers financially add up, and there's opportunity," said CEO James Quincey.
Two turkeys, Wishbone and Drumstick, have been staying in a Washington D.C., hotel since the weekend, waiting to see which will be pardoned by President Donald Trump in the annual White House tradition. Trump will officially pardon one turkey in a Rose Garden ceremony today, but both will be taken to live at Gobbler's Rest at Virginia Tech with last year's pardoned turkeys, Tater and Tot.
Secondary sales are giving early startup investors and employees the chance to cash out some of their equity before the companies go public. SoftBank Group, which will spend up to $1.3 billion to buy out investors at WeWork and is pursuing a possible investment in Uber, is among the companies driving the trend.
Evelyn Scott, one of the winners of 7-Eleven's Women's Franchise Giveaway, will open a store Dec. 1 in Norfolk, Va. Scott received a waiver of her franchise fee and $10,000 to be used for a charitable donation, which she plans to give to a middle school.
Presentations to upper management need to stick to a single, clear message, writes Joel Garfinkle. "The information you're presenting needs to be just as clear and on message as the words you plan to say -- and when in doubt, leave it out," he writes.
A list of top business books as compiled by Fortune's Polina Marinova includes "Titan," the story of John D. Rockefeller; "Shoe Dog" by Nike founder Phil Knight; and "The Smartest Guys in the Room," about Enron. The list also includes selections on business fundamentals, management and entrepreneurship.
The worst thing a leader or organization can do is fail to recognize the hard work of employees, says former Yum CEO David Novak. "[L]ook for employees who are accomplishing their goals, daily, monthly or even longer, and reward them with something that shows your gratitude for their accomplishment," David Sturt and Todd Nordstrom write.
As the workplace evolves, the ability to be creative is moving up the list of desirable employee traits, writes Eric McNulty. "Leaders should work for clarity about what creativity means for a specific role, and to do this, it's helpful to think about what creativity means in various contexts," he writes.
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