Source
1. Nvidia’s CEO and Relentless Belief in Employees Nvidia’s CEO, Jensen Huang, pushes his employees hard, believing they can always improve. Rather than firing people, he keeps them to help them reach their potential, creating a demanding but growth-focused environment. This intense work culture is rare and unconventional.
2. Golden Handcuffs at Nvidia Nvidia offers employees a generous stock purchase plan, creating wealth-building opportunities that make it hard for employees to leave. While many stay due to financial rewards, they endure long hours, turning the incentive into a unique retention strategy for mid-sized companies.
By Chloe Berger | SEP 6, 2024
Read the original article at FORTUNE
Yahoo Finance – Stephen MacMillan, CEO of Hologic and chairman of Illumina, shared his strategy for successful leadership in the face of activist investors like Carl Icahn. Having weathered challenges and boardroom confrontations, his philosophy involves listening rather than preparing defensive legal strategies. MacMillan’s efforts to revamp Hologic’s culture and improve financial performance resulted in substantial growth, vindicating his approach when Icahn departed with notable profit. Similarly, MacMillan’s influence at Illumina saw decisive actions like the divestiture of Grail to alleviate stock pressures. Throughout, MacMillan emphasizes the importance of dialogue, effective board role assignment, and understanding the underlying reasons for activism. His advice to Disney CEO Bob Iger, embroiled in his own battle with Nelson Peltz, underscores the urgency of succession planning, a critical aspect he believes the Disney board overlooked.