Podcast appearances and mentions of John Donahoe

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John Donahoe

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Best podcasts about John Donahoe

Latest podcast episodes about John Donahoe

The Rundown
Deep Dive: How Nike Lost Its Cool

The Rundown

Play Episode Listen Later Dec 21, 2024 8:50


Nike, once a cultural powerhouse defined by iconic athletes like Michael Jordan and collaborations with fashion legends, is facing a tough year marked by plummeting sales and a sharp drop in stock value. The company's struggles are partly due to missteps under former CEO John Donahoe, whose focus on direct-to-consumer strategies alienated wholesalers and led to an over-reliance on trends like Dunks. Now, with veteran Nike insider Elliott Hill at the helm, the company is looking to rebuild relationships with retailers, revitalize its product line, and re-engage with its core fanbase. While Nike's future is uncertain, investors received a glimpse into what to expect when the company delivered its first earnings report under Hill this week. Follow our new Instagram account ⁠@TheRundownDaily

Let's Talk Business
#297 – Nike weer Cool onder (oude) nieuwe leiding?

Let's Talk Business

Play Episode Listen Later Oct 24, 2024 29:52


“Uncool Nike legt lot in handen veteraan Elloitt Hill” – dit is de kop in het FD van half oktober bij de her indiensttreding van Hill. Nu als CEO van Nike, terwijl hij door de organisatie eerder gepasseerd was toen ze John Donahoe in 2020 aanstelden als CEO. Het was de bedoeling dat Donahoe een digitale strategie voor Nike zou bouwen om de organisatie stabiliteit naar de toekomst te geven. Maar dat liep anders. De vraag is of het opnieuw binnenhalen van een oude rot wel voor groei en stabiliteit gaat zorgen. Want de voorbeelden zijn lang niet altijd positief. Karin en Marischka bespreken de risico's en de voorwaarden waaronder terugkeer van een oudgediende wel succesvol kan zijn.

Worldwide Exchange
The Markets Round Off Last Week on a High, Boeing goes into crisis mode, and Elliott Hill Takes Top Job at Nike 10/14/24

Worldwide Exchange

Play Episode Listen Later Oct 14, 2024 43:31


Stocks are kicking off a new week of trading at all-time highs as traders look ahead to earnings and the next market catalyst. Boeing enters crisis mode with no end in sight for its union strike. Also, Elliott Hill officially takes the top job at Nike today, succeeding John Donahoe.

Beurswatch | BNR
Nike bezorgt meer burn-outs bij topmannen dan sneakers

Beurswatch | BNR

Play Episode Listen Later Oct 2, 2024 21:15


Beleggers in Nike hadden rekening gehouden met slechte cijfers, maar het was alsnog even slikken. Het sportmerk is minder in vorm dat ze hadden gehoopt. Gelukkig is er redding nabij, want er staat al een CEO-wissel op de planning, later deze maand. Die redder in nood krijgt dus een stevige taak, en er wordt meteen tijd voor hem gekocht door Nike. Want de beleggersdag wordt uitgesteld, en het bedrijf gaat ook geen verwachtingen voor de komende maanden delen. Wat het eerste probleem is dat de nieuwe topman bij Nike gaat aanpakken, dat hoor je in deze aflevering. En we hebben het ook eindelijk weer eens over Tesla. De autobouwer verkoopt nèt iets minder modellen dan verwacht in de VS, maar toch straffen beleggers het aandeel genadeloos af. Dramatischer zijn de verkoopcijfers van concurrent Stellantis, die krijgen zelfs de twijfelachtige titel van slechtst presterende autobouwer in Amerika. Maar daar schrikken beleggers dan weer helemaal niet van. Hoe dat zit zoeken we voor je uit.See omnystudio.com/listener for privacy information.

AEX Factor | BNR
Nike bezorgt meer burn-outs bij topmannen dan sneakers

AEX Factor | BNR

Play Episode Listen Later Oct 2, 2024 21:15


Beleggers in Nike hadden rekening gehouden met slechte cijfers, maar het was alsnog even slikken. Het sportmerk is minder in vorm dat ze hadden gehoopt. Gelukkig is er redding nabij, want er staat al een CEO-wissel op de planning, later deze maand. Die redder in nood krijgt dus een stevige taak, en er wordt meteen tijd voor hem gekocht door Nike. Want de beleggersdag wordt uitgesteld, en het bedrijf gaat ook geen verwachtingen voor de komende maanden delen. Wat het eerste probleem is dat de nieuwe topman bij Nike gaat aanpakken, dat hoor je in deze aflevering. En we hebben het ook eindelijk weer eens over Tesla. De autobouwer verkoopt nèt iets minder modellen dan verwacht in de VS, maar toch straffen beleggers het aandeel genadeloos af. Dramatischer zijn de verkoopcijfers van concurrent Stellantis, die krijgen zelfs de twijfelachtige titel van slechtst presterende autobouwer in Amerika. Maar daar schrikken beleggers dan weer helemaal niet van. Hoe dat zit zoeken we voor je uit.See omnystudio.com/listener for privacy information.

The Watson Weekly - Your Essential eCommerce Digest
September 30th, 2024: John Donahoe steps down from Nike, Amazon introduces new supply chain service, what's going on with the retail job market? And the fight over de minimis and how this will end

The Watson Weekly - Your Essential eCommerce Digest

Play Episode Listen Later Sep 30, 2024 16:41


Today on our show:John Donahoe steps down from NikeAmazon introduces new supply chain serviceWhat's going on with the retail job market?The fight over de minimis and how this will endAnd finally, The Investor Minute, which contains 5 items this week from the world of venture capital, acquisitions, and IPOs.https://www.rmwcommerce.com/ecommerce-podcast-watsonweekly

State of the Shoenion
The Real Reason Behind Nike's CEO Change

State of the Shoenion

Play Episode Listen Later Sep 27, 2024 60:36


In this episode, we explore the reasons behind Nike's decision to part ways with their current CEO, John Donahoe, and the strategic choice to bring in a new leader, Elliott Hill. We'll analyze the challenges faced by the company under Donahoe's leadership, the vision of the incoming CEO, and what this means for Nike's future direction. Join us for an in-depth look at how this leadership change could reshape the brand and its approach to the ever-evolving sportswear market.

The SoleSavy Podcast
Nike To Replace John Donahoe With Elliott Hill As CEO - Episode #211

The SoleSavy Podcast

Play Episode Listen Later Sep 25, 2024 28:31


In this episode, we react to the news that Nike CEO John Donahoe is stepping down. We talk about Donahoe's tenure and what went wrong, including his lack of sneaker industry experience, Silicon Valley background, mass layoffs, and emphasis on DTC (direct to consumer.) We also discuss Nike's new CEO, Elliott Hill, his background, and where Nike goes from here.  

Morgans AM
Monday, 23 September 2024: Subdued trading despite last Friday's "triple witching" event

Morgans AM

Play Episode Listen Later Sep 23, 2024 9:13


US equity markets ended a strong week on a mixed note, with trading relatively subdued despite Friday's (20 September) session being a “triple witching” event - the simultaneous expiration of stock options, stock index futures, and stock index options contracts that saw option contracts tied to more than >US$5 trillion in tradeable stocks expire - Dow edged +38-points or +0.09% higher to a fresh record closing high of 42,062.81. Nike Inc rallied +6.84% to be the leading Dow component on Friday (20 September) after announcing after the close of the previous session that chief executive John Donahoe will retire next month and will be succeeded by company veteran Elliott Hill, an abrupt leadership change punctuating a period of dour economic performance at the world's largest sportswear maker. Initial sales data for Apple Inc's (down -0.29%) iPhone 16 will be released tonight AEST after the new device went on sale for the first time last Friday (20 September). The technology giant's AI model, Apple Intelligence, won't be available immediately but will come later as a free software update.

Morgans Financial Limited
Morgans AM: Monday, 23 September 2024

Morgans Financial Limited

Play Episode Listen Later Sep 22, 2024 9:12


US equity markets ended a strong week on a mixed note, with trading relatively subdued despite Friday's (20 September) session being a “triple witching” event - the simultaneous expiration of stock options, stock index futures, and stock index options contracts that saw option contracts tied to more than >US$5 trillion in tradeable stocks expire - Dow edged +38-points or +0.09% higher to a fresh record closing high of 42,062.81. Nike Inc rallied +6.84% to be the leading Dow component on Friday (20 September) after announcing after the close of the previous session that chief executive John Donahoe will retire next month and will be succeeded by company veteran Elliott Hill, an abrupt leadership change punctuating a period of dour economic performance at the world's largest sportswear maker. Initial sales data for Apple Inc's (down -0.29%) iPhone 16 will be released tonight AEST after the new device went on sale for the first time last Friday (20 September). The technology giant's AI model, Apple Intelligence, won't be available immediately but will come later as a free software update.

Motley Fool Money
Rates Go Down, Market Goes Up

Motley Fool Money

Play Episode Listen Later Sep 20, 2024 40:01


Low rates are great for stocks, as long as we're looking at a soft landing. (00:21) Ron Gross and Asit Sharma discuss: - The Fed's 50 bps rate cut, the market's reaction, and what history has to say about cuts this dramatic. - Nike's CEO swap, what went wrong for John Donahoe and whether Elliot Hill has what it takes to turn the company around. - A new partnership masking bad results from Olive Garden, and FedEx's signals about shipping trends. (19:11) Reddit hit the market in 2024, but it's been around as the front page of the internet for almost 20 years. CEO Steve Huffman joined us to talk through how the company stands out in the world of social media with its focus on community, where it has been and where it is heading. (33:26) Ron and Asit break down two stocks on their radar: D.R. Horton and Intel. Stocks discussed: NKE, DRI, FDX, RDDT, DHI, INTC, Host: Dylan Lewis Guests: Asit Sharma, Ron Gross, Steve Huffman Engineers: Tim Sparks, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ Minute Briefing
Qualcomm Approached Intel About a Takeover Offer in Recent Days

WSJ Minute Briefing

Play Episode Listen Later Sep 20, 2024 2:27


Plus: Nike shares climb after the sneaker company said chief executive John Donahoe would retire and former executive Elliot Hill would return as CEO. FedEx shares drop after the company posted lower quarterly profit and revenue, and cut its outlook for the full fiscal year. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Squawk on the Street
Nike Jumps on CEO Change, FedEx Tumbles, Tim Cook Talks to CNBC As Apple iPhone16 Hits Stores 9/20/24

Squawk on the Street

Play Episode Listen Later Sep 20, 2024 42:41


One day after a Fed rate cut-fueled rally that sent the Dow and S&P 500 to record highs, Carl Quintanilla, Jim Cramer and David Faber discussed a number of corporate stories in the spotlight: Nike shares up sharply on news its CEO John Donahoe will retire in October. FedEx shares get hammered on a Q1 miss and disappointing guidance. Apple's iPhone 16 hits store shelves: Hear what CEO Tim Cook told CNBC at his company's 5th Avenue flagship store in New York City. Constellation Energy and Microsoft strike a deal to reopen Pennsylvania's Three Mile Island nuclear plant –  as Microsoft looks to power its AI data centers. Also in focus: Lennar falls despite an earnings beat, a look back at Alibaba's IPO ten years ago.  Squawk on the Street Disclaimer 

WALL STREET COLADA
Septiembre 20: "Monetaria y Mercados: La Recalibración de Powell y las Nuevas Estrategias Corporativas"

WALL STREET COLADA

Play Episode Listen Later Sep 20, 2024 5:28


La Reserva Federal, bajo el liderazgo de Jerome Powell, está "recalibrando" su política monetaria hacia un enfoque de "más baja durante más tiempo" para fomentar el crecimiento económico y el mercado laboral, manteniendo un ciclo de flexibilización que podría extenderse hasta 2026, siempre que la inflación no repunte. Esta postura ha revitalizado la confianza en los mercados, reflejándose en logros récord del Dow Jones y el S&P 500, así como en un repunte del Nasdaq, impulsado por el sector tecnológico. Además, los datos laborales recientes muestran una caída en las solicitudes de subsidio por desempleo, lo que refuerza el optimismo económico. Nike ($NKE) llamó la atención al anunciar que su director ejecutivo, John Donahoe, renunciará y será reemplazado por el informante retirado Elliott Hill. Hill pasó su carrera en Nike en varios puestos de liderazgo sénior en Europa y América del Norte, y luego se retiró después de su papel como presidente de Consumer & Marketplace en 2020. La noticia hizo que las acciones de Nike se dispararan un 7,6% el jueves, y los inversores parecían confiados en el liderazgo de Hill, ya que el gigante del calzado se enfrenta a la volatilidad de los beneficios, a las deficiencias de la orientación, a los vientos en contra de la competencia y a la falta de claridad estratégica a largo plazo. Disney ($DIS) dejará de utilizar la plataforma de mensajería corporativa Slack ($CRM) tras un ciberataque en el que se filtró en línea más de un terabyte de datos de la compañía. Los datos de miles de canales de Slack de Disney contenían discusiones sobre campañas publicitarias y tecnología de estudio, que fueron expuestas por el grupo de hackers Nullbulge. Muchos equipos ya han comenzado la transición a "herramientas de colaboración optimizadas para toda la empresa", según un memorando interno, y se espera que la mayoría de las empresas de Disney dejen de usar el servicio a finales de este año. En sus últimos resultados trimestrales, FedEx ($FDX) no cumplió con las expectativas del primer trimestre y redujo sus perspectivas para el año fiscal 25, arrastrando a las acciones un 11% a la baja el jueves. El gigante de la entrega de paquetes culpó a la reducción de la demanda de servicios prioritarios, al crecimiento limitado del rendimiento y al aumento de los gastos operativos. Es probable que la perspectiva atenuada ponga fin a una racha ganadora de nueve días cuando las acciones abran para operaciones regulares hoy y refleja un entorno de precios muy competitivo y una economía industrial desafiante. Las acciones de su rival UPS ($UPS) también cayeron un 2,4% AH tras los resultados. ($DRI) Darden se recupera gracias a las ganancias y a la asociación Uber-Olive Garden. ($BRK.B) Berkshire de Buffett continúa recortando su participación en BofA ($BAC) ($MBLY) Mobileye se dispara ya que Intel ($INTC) no tiene planes de desprenderse de su participación. ($F) Ford enfrenta amenaza de huelga en planta de herramientas y troqueles en Michigan.

Börsenradio to go Marktbericht
Börsenradio Schlussbericht, Fr., 20. Sept. 2024: DAX fällt um 1,4 % auf 18.731 Punkte - Mercedes schockt mit Gewinnwarnu

Börsenradio to go Marktbericht

Play Episode Listen Later Sep 20, 2024 25:51


Es ist weiterhin "Mond-Tag": Diejenigen, die auf weiter steigende Kurse setzten, schauen in den Mond. Aus dem Börsenradio-Studio grüßen Peter Heinrich und Kollege Andreas Groß. Mercedes-Benz senkt überraschend seine Gewinnprognose für das laufende Jahr. Die Aktie stürzt um 7 %, was den DAX belastet. Von VW und BMW gab es bereits Gewinnwarnungen. Auch an der Wall Street scheint die Hochstimmung nach der Zinswende verflogen – die US-Börsen starten im Minus. Der DAX fiel kräftig um 1,4 % und schloss bei 18.731 Punkten. Automobilwerte gaben europaweit um 3 % nach und führten die Verliererliste an. Gold erreichte erstmals mehr als 2.600 US-Dollar pro Unze. Infineon verlor 6 %, belastet durch schwache Autonachfrage und den Großen Verfalltag. Lufthansa erwägt, ihre täglichen Flüge von Frankfurt nach Peking einzustellen. Hessens Ministerpräsident Boris Rhein kritisiert den Bund für den Verkauf von Commerzbank-Anteilen. Der US-Logistikkonzern FedEx senkte seine Prognose nach enttäuschenden Quartalszahlen. Nike ersetzt seinen Chef John Donahoe durch Elliott Hill. Die Raiffeisen Bank International verkauft ihren 87,74 %-Anteil an der Priorbank in Belarus und zieht sich aus dem Land zurück.

World Business Report
The view from Beirut as tensions soar

World Business Report

Play Episode Listen Later Sep 19, 2024 26:27


Under the shadow of conflict is normal life possible in Lebanon? The country has had a major economic crisis for almost a decade, and there is growing fear of escalating conflict between Hezbollah and Israel. We hear from Lebanon's business community on the challenges of working under the shadow of increasing violence.Also, in the programme, Roger Hearing looks at the ongoing legal dispute between Brazil and the social media platform X. The company, which has more than 22 million users in Brazil, has appointed a new lawyer who has told the BBC that the company has decided to comply with all the court orders. Elsewhere, the sportswear brand Nike has just announced its CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive.

Closing Bell
Closing Bell Overtime: Fed-Fueled Rally, Nike CEO Change & FedEx earnings 9/19/24

Closing Bell

Play Episode Listen Later Sep 19, 2024 43:03


The Fed's 50 basis point cut sparking a major rally on Wall Street and sending the Dow & S&P 500 to record closes. Tech the big winner driven higher by semiconductor stocks. Guggenheim Securities' Sr. Managing Director Eric Mandl thinks there's a wave of M&A coming in tech and explains which industries could be most ripe for mergers. Nike announcing CEO John Donahoe is stepping down and will be replaced by long-time Nike vetaran Elliott Hill who is returning to the company.  FedEx missing earnings estimates and shares under pressure after the bell. Barclays transportation analyst Brandon Oglenski explains why the stock is getting hit so hard. And Hubspot CEO Yamini Rangan discusses her company's new AI tools for small and medium businesses — and what her customers are saying about the state of their spending right now.

The Daily Business & Finance Show
Lululemon Downgrade, DexCom EPS Beat, PepsiCo Dividend (+6 more stories)

The Daily Business & Finance Show

Play Episode Listen Later Jul 25, 2024 7:22


The Daily Business and Finance Show - Thursday, 25 July 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Lululemon downgraded as athleisure falling out of favor, Breezethrough leggings pulled DexCom Non-GAAP EPS of $0.43 beats by $0.04, revenue of $1B misses by $40M PepsiCo declares $1.355 dividend Baytex Energy GAAP EPS of C$0.13, revenue of C$1.13B OpenAI begins testing AI-powered search; GOOG slips 2% If markets close down today, selling flows will accelerate tomorrow - BNP Paribas PayPal chair John Donahoe retires; Enrique Lores appointed new chair Walt Disney stock extends losing streak for its seventh straight session Viking sends Lilly, Novo lower as obesity drug enters late-stage program Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices

CNBC’s “Money Movers”
Money Movers+ Nike CEO John Donahoe on the 2024 Olympics 4/12/24

CNBC’s “Money Movers”

Play Episode Listen Later Apr 12, 2024 14:31


John Donahoe, Nike CEO, joins CNBC's Sara Eisen to discuss what's new at Nike's Olympic Collection launch, how to use this momentum to reignite growth, and how much of a sales bump the CEO anticipates.

PSFK's PurpleList
Earnings Call Analysis: NIKE - NKE

PSFK's PurpleList

Play Episode Listen Later Mar 22, 2024 3:10


At the recent NIKE Earnings Call held on March 21 2024, CEO John Donahoe discussed the company's strategies, emphasizing their confidence in their innovative pipeline, stating: "Most importantly, we're back on our front foot with growing confidence in our innovation pipeline. We know it will take some time to scale these innovations, but we see some early green shoots." This statement touches upon the core of the company's direction, highlighting innovation as the cornerstone of growth within the competitive marketplace. In their latest financial quarter, NIKE has indicated a readiness for expansion, an objective that is reflected in their revenue growth and expanded gross margins. These financial indicators, representing not only the North American market but also Greater China, attest to NIKE's global market adaptability and acceptance. Built into NIKE's strategies is an emphasis on product innovation. Leveraging the strengths of their platform, they are planning upcoming launches like the Air Max DN and Alphafly 3, indicating their intent to stimulate growth in various sports segments. However, NIKE's commitment to innovation extends beyond the products - it is also encompassed by their partnerships with wholesale partners and their investment in the retail environment. NIKE's strategic alignment with consumer preferences further underlines their market positioning. The company's offerings command solid standing in running, basketball, fitness, and women's lifestyle categories, demonstrated by the full-price purchasing behaviour seen in new launches. The CEO's statement on the call encapsulates this aspect, emphasizing their aim to maintain an authentic connection with target consumers. Amid the talk of innovation and growth, CFO Matthew Friend provided some insight on the financial aspects of the company's future. He stated: "We expect to inflect in the second half and grow next year on the top line," revealing a measured yet optimistic outlook for Nike's projects and revenue growth. Looking ahead, NIKE intends to sustain their innovative approach and broaden the range of original products on offer. With a three-year pipeline in sight, primarily focusing on their Air platform and main franchises, they are gearing up for long-term growth and market relevance. Their commitment to enriching consumer value through retail environment, brand storytelling, and consumer experience enhancement is indicative of their philosophy. By enhancing their investments in design, product creation, and gaining market visibility, NIKE aims to steadily further its market position through strategic collaborations and customer-driven initiatives. In summary, while NIKE has projected a positive performance landscape for the future based on their announced strategies and ongoing efforts, the actual results will ultimately depend on changing market dynamics, efficiency in scaling innovations, and consumer reception. NKE Company info: https://finance.yahoo.com/quote/NKE/profile For more PSFK research : www.psfk.com  This email has been published and shared for the purpose of business research and is not intended as investment advice.

The BreakLine Arena
John Donahoe, President & CEO of NIKE, Inc. | Driven by Purpose

The BreakLine Arena

Play Episode Listen Later Mar 21, 2024 47:46


Join us in the BreakLine Arena for a conversation with John Donahoe, President & CEO of NIKE, Inc., world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities. John dove into his own career transitions and the deeper sense of purpose that guides him. He shared some of the inner challenges he has navigated throughout his career, insights from “wisdom conversations” he had with peers and mentors during a sabbatical, how he and his wife, Eileen, built a dual-career family, and so much more.This podcast was recorded on Wednesday, Dec. 6, 2023. References to events or facts are true up to that point but might have changed between the recording and release of this episode.Please like, rate, subscribe, or review our show if you've liked what you've heard! We'd love to hear your thoughts. If you're interested in joining our community, please visit www.breakline.org. If you're interested in exploring partnerships with BreakLine, please visit https://breakline.org/partners/partner-signup/.

Venture Stories
Encore Episode: John Donahoe's Lessons on Leadership and Being a Better CEO

Venture Stories

Play Episode Listen Later Mar 15, 2024 54:14


This encore episode is a recording of a special masterclass roundtable session for our founders with John Donahoe. John is CEO of Nike and was previously CEO of ServiceNow and eBay. He is known as one of the most inspirational leaders in Silicon Valley and is a highly sought-after mentor to CEOs including Brian Chesky at Airbnb, Drew Houston at Dropbox, and Ben Silbermann at Pinterest. We're honored to have him among our small group of world-class executives and collaborators whose time and expertise help power our network of founders at Village Global. He shared advice on when to hire ahead, invest in and train, or replace personnel on your team and gave insight into his most common piece of advice on professional growth when advising CEOs. Quotes From This Episode "When you talk about priorities at an aspirational level, they overlap a lot. People start realizing we're more similar than we're dissimilar." "Adversity never feels fun. I don't seek adversity. But I'm no longer scared of adversity. When it emerges, instead of trying to run from it, I now accept that it is a reality and I say, 'well, at least I'm going to learn and grow.'" "My experience has been that around any issue that involves change, you have roughly 20-25% of people who want to be part of it, no matter what the topic is, you have 25-30% of people who want to fight it, and you have the 50% of people in the middle saying 'which side is going to win?'" "[When someone is let go] The fear is humiliation usually. That's almost a bigger fear than actually leaving the company." "We're never as good or as bad as labels make us out to be." "I would say in general, for every 10 hours of business development conversations, 8 of them are a waste." "I do gratitude practice driving into work every morning. It's proven in brain science that your brain becomes more negative over time. But it's also been proven in brain science that you can counteract that." "The older I get, the more I've made friends with uncertainty. I don't avoid uncertainty. Uncertainty is as present to me today as it was before but I'm a little more comfortable with it today." Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.

Real News Now Podcast
Nike Will Lay Off 1,600 Employees After Stock Dip and Woke Drama

Real News Now Podcast

Play Episode Listen Later Feb 19, 2024 6:08


Internationally renowned sportswear conglomerate, Nike, has commenced a substantial workforce reduction, with approximately 1,600 staff members set to lose their jobs. This difficult decision was confirmed by President and CEO, John Donahoe, in a recent internal communique. The leader, who is simultaneously helming the reins at PayPal, conveyed this bitter truth with palpable gravity, 'As the company is currently not operating ate peak efficiency, I and my team need to step up and manage the situation.' Donahoe launched the first wave of dismissals last Friday with intentions to conclude the process by May's conclusion. This reduction will ultimately affect about two percent of Nike's entire team, which is widespread across the globe. Globally reputed as a significant employer in the U.S. Pacific Northwest, Nike proudly boasts a robust workforce of around 15,500 in regions covering Portland, Oregon, and Southwest Washington State. Globally, they have around 83,000 dedicated employees attempting to ensure excellence of services. Earlier in December, the company divulged a comprehensive plan to initiate cost reduction and restructuring, aiming to slash its overall expenditure by a whopping $2 billion. Given the scale of cost-cutting proposed, anticipatory murmurs of potential layoffs began echoing, particularly impacting their Oregon-based headquarters, as reported by ABC affiliate, who have been following the unfolding developments closely. Donahoe has endeavored to reassure that this downsizing will not reach store or distribution center staff. He seeks solace in the resilience inherent in Nike's storied history with his hopeful statement, 'In the face of adverse situations, we have always demonstrated strength and came through both on an individual and organizational level. I am positive that we will overcome these setbacks too, steering the company towards a bright future.' The layoffs have stirred community responses, with Jana Panafilio, a Nike alumna with close to three decades of service, taking it upon herself to provide a support network for the affected employees. Panafilio, who herself retired from the company, has co-founded a resource group named '6453 Alumni'. This group aims at supporting outgoing staff who have been, or will be, made redundant by the popular sports apparel business. Panafilio spoke of the initiative with genuine warmth and determination, 'As they embark upon their journey away from Nike, we are here to assist them during the transition. Our objective is to provide a cushion to former colleagues and make their post-Nike journey as smooth as possible.' She revealed an interesting trend, 'We've noticed an increased number of ex-Nike employees starting their own ventures. They are scouting for fresh talent and new clients for growth.' In response to the question about how to aid those embarking on new professional paths, Panafolio shared, 'Based on their immediate objectives and the kind of assistance they envisage, we are equipped to provide them with the necessary support.' This streamlining maneuver becomes particularly relevant in the wake of the sports giant's stock experiencing a significant dip of over ten percent in December. The decline happened shortly after the announcement of the ambitious $2 billion budget reduction plan. Adding to the challenges was the departure of golf superstar Tiger Woods, who decided to cut short his 27-year relationship with Nike to launch his personally branded clothing line. Over the years, Nike's company policy has leaned towards inclusivity, and they have fearlessly embraced cultural shifts. Recently, it found itself in the midst of ideological concerns related to these policies, with frequent debates on the corporate's stand in society. One of the key talking points was the April 2023 engagement of transgender TikToker Dylan Mulvaney as a model for their sports bras and leggings range. While these initiatives have not always been unanimously welcomed, the brand has steadily maintained its approach, believing in progress and inclusivity. Though it's an established fact that every corporate decision will have its accolades and admonitions, those agree that Nike's uneasy road of layoffs will impact the community significantly. As substantial as the upcoming changes seem, they may very well be a crucial turning point, redirecting the sports apparel titan towards increased sustainability and viability. As Nike navigates these challenging waters, their focus remains clear: to recalibrate their business model in a manner that can sustain the effects of such an extensive cost-cutting strategy, and ensure they come out stronger on the other side. A task, no doubt formidable, yet one they seem determined to meet head-on. The resilience and adaptability that Nike has demonstrated in overcoming past challenges give many onlookers faith. There is anticipation that their forthcoming strategy - driven by an unwavering spirit of team strength - will similarly ride out this storm. For now, what remains to be seen is how these decisive measures unfold in the coming months and how it influences the sports apparel giant's strategy to revive its market position. This scenario serves as a timely reminder of the unforgiving, yet equally rewarding nature of the corporate world, where change is the only constant. Meanwhile, the team at Nike laces up their proverbial shoes for the long run ahead. Visit realnewsnow.com for more articles! Story: Nike Will Lay Off 1,600 Employees After Stock Dip and Woke Drama Follow RNN on Social Media Facebook: https://www.facebook.com/RealNewsNowApp/ X Twitter: https://twitter.com/realnewsapp Instagram: https://www.instagram.com/realnews/ TikTok: https://www.tiktok.com/@realnewsnowapp Threads: https://www.threads.net/@realnews/ Truth Social: https://truthsocial.com/@RealNews YouTube:https://www.youtube.com/@realnewsnowapp Video: https://youtu.be/RjgqQ1ssVc8 End Wokeness: https://endthewokeness.com/?ref=fbcSee omnystudio.com/listener for privacy information.

PSFK's PurpleList
PSFK Earnings Call Podcast: Nike - NKE

PSFK's PurpleList

Play Episode Listen Later Dec 23, 2023 3:09


After releasing their latest earnings report, Nike's CEO, John Donahoe, addressed investors on the conference call, revealing plans for the brand's future. He stated: "We have seen encouraging signs from recent consumer activations around some of NIKE's latest innovations and we intend to accelerate our pace through the Paris Olympics and beyond." During the earnings briefing, Nike emphasized their commitment to innovation and highlighted the resilience of their operational model. While explicit discussion on consumer trends was not a prominent point in the call, indicators point towards Nike's ability to adapt and meet consumer demands. Nike has backed numerous product initiatives and diversified their product range - from basketball merchandise to performance and lifestyle running shoes. The company has also increased its focus on the women's and children's categories, areas identified by Nike to hold significant growth potential. Looking towards the future, according to the earnings call, Nike's strategy aims to leverage emerging opportunities in the women's categories and fully utilize the potential of the Jordan brand. Simultaneously, it is reported that their attention extends towards running-focused products and key agility initiatives. It further surfaced that Nike has put into place a centralized savings plan, a move intended to aid their ongoing innovation and growth, leading towards a more flexible, future-ready brand model. Nike's recent collaboration with rapper Drake, called NOCTA, is cited as evidence of the company's dedication to innovation and catering to consumer preferences. Nike reportedly also expanded their selection in children's fashion with footwear for babies and toddlers, aligning their target market scope to a wider demographic. In the words of CEO, John Donahoe, "Our goal is to focus NIKE's brand heat and energy on what is new as we accelerate our product innovation cycle. We have seen encouraging signs from recent consumer activations around some of NIKE's latest innovations and we intend to accelerate our pace through the Paris Olympics and beyond." These sentiments reflect Nike's strategic undertakings, be it their investment in the Doernbecher Freestyle program, launching a brand collaboration with Hibbett Sports that offers exclusive rewards, or partnering with London-based designer Feng Chen Wang for sustainable fashion. Finally, the existence of Nike's Innovation Lab in NYC is referenced as a physical testament to their innovative, future-centric growth direction. Overall, the latest earnings call underscores Nike's resilience in product innovation and adaptability to shifting consumer needs. Nike's adaptability and successful engagement in diverse initiatives, as highlighted in the earnings call, contributed to their achievement and indicate their strategic focus on innovation and calculated investment as primary drivers towards continued success. NKE Company info: https://finance.yahoo.com/quote//profile For more PSFK research : www.psfk.com  This email has been published and shared for the purpose of business research and is not intended as investment advice.

Good Morning, VOGUE China
Welcome to VOGUE GAMES ft. Anna Wintour, He Cong & Eileen Gu (English)

Good Morning, VOGUE China

Play Episode Listen Later Aug 21, 2023 70:51


In our very first English language episode of 《Good Morning, VOGUE China》VOGUE China Editor-in-Chief, Margaret Zhang, and VOGUE Business China Associate Editorial Director, Yiling Pan, zoom in on the cultural significance of the September Issue in China and zoom in on VOGUE China's celebration of Chinese excellence in sports for this year's September Issue. Turn up the volume on an outstanding line-up of guests: the icon, Dame Anna Wintour; Chinese supermodel and September Issue cover star, He Cong; Olympic Gold Medallist Eileen Gu; and the global CEO of Nike, John Donahoe. Meanwhile, Margaret and Yiling check in on the Barbie phenomenon currently dominating airwaves in China. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hunters and Unicorns
Hunters and Unicorns | The Playbook Universe - Chris Mahoney #011

Hunters and Unicorns

Play Episode Listen Later Jul 25, 2023 51:51


Welcome to Hunters and Unicorns: The Playbook Universe.    We're here to showcase leaders within the Playbook Community and explore their formulas for success.   We aim to uncover:   Why the ICE formula is imperative.  The criticality of the Economic Buyer.  How to elevate your Execution whether that be selling consumer side or enterprise software.     Today we are joined by Chris Mahoney, SVP for the Worldwide Sales Team at LaunchDarkly.   In this Hunters and Unicorns podcast, Chris shares his professional journey with us including examples of his application of the Playbook.  He also discusses how he's building the global sales team at LaunchDarkly with rapid scale. You don't want to miss this exciting episode with one the industry's titans!  Chris has consistently operated within the elite playbook space, with experiences at prestigious companies including ServiceNow, BMC Software and Phase 1.   Amongst his plethora of achievements, he was the most successful Solution Sales leader at ServiceNow, he lead the first product line from under $50M to more than $1B, scaled teams from less than 10 to over 650 and helped grow the market capital from £12B to a  staggering $125B.   Whilst at BMC, Chris built the number one performing sales team globally and at Phase 1, he went through 27 mergers and acquisitions in consumer software.   Prior to enterprise software, Chris spent 10 years in consumer software working in operations and sales.   Under strong leadership and immersing himself in absorbing as much knowledge as possible, Chris navigated the enterprise software space with cadence and agility.   He thrived in learning not just the solutions but also the processes. Chris discusses with us the role of the Beginner's Mindset and how maintaining a strong degree of curiosity throughout your career will directly contribute to success.   Chris also discusses times in his career where the focus was not on performance and numbers, but in fact on character and drive.   Hunters and Unicorns loved hearing about Chris' formidable career, accented with pivotal conversations with the likes of A-players such as Tom Schmidt, John Donahoe, Frank Slootman, Andy Byron, Keith Butler and Bill McDermott.  Make sure you tune in! 

Super U Podcast
3 Questions to Ask Every Day

Super U Podcast

Play Episode Listen Later Dec 21, 2022 20:56


Just Do It! That's right, today we're sharing 7 super tips from the CEO of Nike, John Donahoe. Erik and Donahoe discuss diversity within teams, the development rate as a CEO, investing in yourself, sticking to your intentional path, and much more. All of us at Equalman Studios would like to wish you and your family the happiest of holidays. Thank you for all of your support.    Just Do It. Today, we're sharing 7 super tips from the CEO of Nike, John Donahoe, including 3 questions one should ask every day. Erik and Donahoe discuss diversity within teams, the development rate as a CEO, investing in yourself, sticking to your intentional path, and much more. All of us at Equalman Studios would like to wish you and your family happy holidays.   5x #1 Bestselling Author and Motivational Speaker Erik Qualman has performed in over 55 countries and reached over 50 million people this past decade. He was voted the 2nd Most Likable Author in the World behind Harry Potter's J.K. Rowling.He is also the inventor of the bestselling boardgame, Kittycorn.   Have Erik speak at your conference: eq@equalman.com   Motivational Speaker | Erik Qualman has inspired audiences at FedEx, Chase, ADP, Huawei, Starbucks, Godiva, FBI, Google, and many more on Focus and Digital Leadership.   Learn more at https://equalman.com    

Greymatter
2022 in Review | The Year's Top Insights and Advice for Entrepreneurs

Greymatter

Play Episode Listen Later Dec 20, 2022 53:06


A compilation of excerpts from 22 of our most popular podcasts of 2022. Greylock's head of editorial Heather Mack walks listeners through through interviews with industry leaders including OpenAI's Sam Altman, Cloudflare's Michelle Zatlyn, Nike's John Donahoe, and more. We're also featuring the top sought-after advice from Greylock's own team of investors such as Reid Hoffman, and tactical guidance from Greylock's talent and marketing specialists. You can read a transcript of this episode (which includes links to all full episodes from which the compilation is made) here: https://greylock.com/greymatter/2022-year-in-review/

Money is Not Evil Podcast
Nike CEO John Donahoe | The Next Play

Money is Not Evil Podcast

Play Episode Listen Later Nov 19, 2022 40:54


Nike CEO John Donahoe and Greylock general partner Reid Hoffman discuss how innovation is a team sport. In the interview, Donahoe discusses the iconic sports retailer's digital transformation in recent years; the lessons learned as a four-time CEO; and his “head coach” mentality to leadership

Training With Kayce
Episode 43: John W. Donahoe's work -a glance from the trainer's perspective

Training With Kayce

Play Episode Listen Later Oct 23, 2022 93:33


John Donahoe's work is important to operant conditioning and learning theory, but how does it relate to applied operant conditioning in the field.  Join a group of trainers exploring this.  Featured is Scott Thomas, whose diverse accomplishments and endeavors include training marine mammals for travelling shows and zoos, leading the TSA breeding program, and developing detection dogs,

Greymatter
Nike CEO John Donahoe | The Next Play

Greymatter

Play Episode Listen Later Aug 16, 2022 36:44


Greylock general partner Reid Hoffman interviews Nike CEO John Donahoe as part of Greylock's Iconversations speaker series. In the interview, Donahoe discusses the iconic sports retailer's digital transformation in recent years; the lessons learned as a four-time CEO; and his “head coach” mentality to leadership. You can read a transcript of this interview here: https://greylock.com/greymatter/the-next-play/

FIN:TV
#144 - Noel Kinder on Operationalizing Sustainability at Nike

FIN:TV

Play Episode Listen Later Apr 27, 2022 24:10


On this episode of Transform Talks, Noel Kinder, Chief Sustainability Officer at Nike, joins host Maria Villablanca.    Noel says he has the most fun job at Nike. He oversees sustainability across the enterprise.    Noel breaks down his role, with 13 specific targets that Nike has set to meet on sustainability. How does it all come together with a company at the scale of Nike? Noel points out that the most significant advantages Nike has are speed and scale. One of the biggest benefits Noel cites is the amount of employee passion for sustainability. This spurs the engine of creative innovation, additionally sparked by bold, science based sustainability metrics.   Every primary function and its respective leadership are aware of the sustainability metrics. Moreover, department heads are aware of the metrics that they have an impact on. Noel credits this to a superior level of accountability from a performance management standpoint.    Noel details specific changes Nike has made to reduce its carbon footprint. He also tells how collaboration has been key in solving sustainability challenges.  Resources: Nike Impact Report Space Hippie Design Video Additional Sustainability Reading on Nike News Nike's CEO John Donahoe on Sustainability as a company priority

36氪·8点1氪
【早报】网信办依法约谈处罚新浪微博;20款App存号注销问题,涉淘宝、腾讯视频等

36氪·8点1氪

Play Episode Listen Later Dec 15, 2021 3:52


近日,国家互联网信息办公室负责人约谈新浪微博主要负责人、总编辑,针对近期新浪微博及其账号屡次出现法律、法规禁止发布或者传输的信息,情节严重,依据《中华人民共和国网络安全法》《中华人民共和国未成年人保护法》等法律法规,责令其立即整改,严肃处理相关责任人。北京市互联网信息办公室对新浪微博运营主体北京微梦创科网络技术有限公司依法予以共计300万元罚款的行政处罚。2021年1月至11月,国家互联网信息办公室指导北京市互联网信息办公室,对新浪微博实施44次处置处罚,多次予以顶格50万元罚款,共累计罚款1430万元。据央视新闻报道,中国消费者协会《50款App账号注销及自动化推荐退订测评报告》显示,在是否可以顺利注销APP账号方面,有20款APP存在不同程度问题。一是未注明注销条件。二是注销条件设置不合理。涉及的App为嘀嗒出行、百合网、淘宝、饿了么等。三是注销流程设置不合理。涉及的App为腾讯视频等。四是经人工审核方可注销,但人工审核存在无人受理、承诺时限过长(超过15个工作日)或者承诺时限不明的情况。五是无法通过App直接注销。36氪获悉,阿里巴巴在内网公布多项针对员工关怀的“暖心计划”,包含多项员工福利升级——除率先响应国家号召延长产假、新增育儿假外,并推出了7天全薪陪伴假、20天全薪长期服务假,同时新增交通补贴倡导绿色错峰出行,提高员工集体出游(Outing)费用标准。此外,阿里巴巴还将试行灵活办公制度,允许员工每周最多一天可自由选择办公地点。针对近日有媒体报道“雷军退出多家小米关联公司”的消息,小米集团公关部总经理王化回应称:就是正常的变更。王化称,雷军今年的精力主要放在了造车相关的事务上面,高管们已经可以分担相关的一些工作和职责。据Tech星球报道,多位接近iQOO的人士透露,vivo副总裁、iQOO负责人冯宇飞已经离职,其微博“酷客冯宇飞”的iQOO品牌总经理认证也已经取消。此外,在iQOO Neo5S新机型发布之际,冯宇飞并没有像以往一样在微博端进行活动预热。离职后,冯宇飞的去向暂时不明。据新浪科技报道,Meta Platforms Inc是Facebook的母公司,最新消息显示Meta花费6000万美元从美国地区银行Meta Financial Group手中购买相关商标资产。按照Meta Platforms新闻发言人的说法,在公司更名之前已经与Meta Financial有过商讨。Meta Platforms目前的估值约为9330亿美元。据界面报道,耐克宣布收购虚拟运动鞋设计公司RTFKT。耐克首席执行官约翰·多纳霍(John Donahoe)表示:“此次收购是耐克加速数字化转型的又一步,能够服务那些处在体育、创意、游戏和文化交汇中的运动员和创作者。”

The History of Computing
eBay, Pez, and Immigration

The History of Computing

Play Episode Listen Later Oct 7, 2021 9:46


We talk about a lot of immigrants in this podcast. There's the Hungarian mathemeticians and scientists that helped usher in the nuclear age and were pivotal in the early days of computing. There are the Germans who found a safe haven in the US following World War II. There are a number of Jewish immigrants who fled persecution, like Jack Tramiel - a Holocaust survivor who founded Commodore and later took the helm at Atari. An Wang immigrated from China to attend Harvard and stayed. And the list goes on and on. Georges Doriot, the father of venture capital came to the US from France in 1899, also to go to Harvard. We could even go back further and look at great thinkers like Nikolai Tesla who emigrated from the former Austrian empire. And then there's the fact that many Americans, and most of the greats in computer science, are immigrants if we go a generation or four back. Pierre Omidyar's parents were Iranian. They moved to Paris so his mom could get a doctorate in linguistics at the famous Sorbonne. While in Paris, his dad became a surgeon, and they had a son. They didn't move to the US to flee oppression but found opportunity in the new land, with his dad becoming a urologist at Johns Hopkins. He learned to program in high school and got paid to do it at a whopping 6 bucks an hour. Omidyar would go on to Tufts, where he wrote shareware to manage memory on a Mac. And then the University of California, Berkeley before going to work on the MacDraw team at Apple. He started a pen-computing company, then a little e-commerce company called eShop, which Microsoft bought. And then he ended up at General Magic in 1994. We did a dedicated episode on them - but supporting developers at a day job let him have a little side hustle building these newish web page things. In 1995, his girlfriend, who would become his wife, wanted to auction off (and buy) Pez dispensers online. So Omidyar, who'd been experimenting with e-commerce since eShop, built a little auction site. He called it auction web. But that was a little boring. They lived in the Bay Area around San Francisco and so he changed it to electronic Bay, or eBay for short. The first sale was a broken laser printer he had laying around that he originally posted for a dollar and after a week, went for $14.83. The site was hosted out of his house and when people started using the site, he needed to upgrade the plan. It was gonna' cost 8 times the original $30. So he started to charge a nominal fee to those running auctions. More people continued to sell things and he had to hire his first employee, Chris Agarpao. Within just a year they were doing millions of dollars of business. And this is when they hired Jeffrey Skoll to be the president of the company. By the end of 1997 they'd already done 2 million auctions and took $6.7 million in venture capital from Benchmark Capital. More people, more weird stuff. But no guns, drugs, booze, Nazi paraphernalia, or legal documents. And nothing that was against the law. They were growing fast and by 1998 brought in veteran executive Meg Whitman to be the CEO. She had been a VP of strategy at Disney, then the CEO of FTD, then a GM for Playskool before that. By then, eBay was making $4.7 million a year with 30 employees. Then came Beanie Babies. And excellent management. They perfected the online auction model, with new vendors coming into their space all the time, but never managing to unseat the giant. Over the years they made onboarding fast and secure. It took minutes to be able to sell and the sellers are the ones where the money is made with a transaction fee being charged per sale, in addition to a nominal percentage of the transaction. Executives flowed in from Disney, Pepsi, GM, and anywhere they were looking to expand. Under Whitman's tenure they weathered the storm of the dot com bubble bursting, grew from 30 to 15,000 employees, took the company to an IPO, bought PayPal, bought StubHub, and scaled the company up to handle over $8 billion in revenue. The IPO made Omidyar a billionaire. John Donahoe replaced Whitman in 2008 when she decided to make a run at politics, working on Romney and then McCain's campaigns. She then ran for the governor of California and lost. She came back to the corporate world taking on the CEO position at Hewlett-Packard. Under Donahoe they bought Skype, then sold it off. They bought part of Craigslist, then tried to develop a competing product. And finally sold off PayPal, which is now a public entity of its own right. Over the years since, revenues have gone up and down. Sometimes due to selling off companies like they did with PayPal and later with StubHub in 2019. They now sit at nearly $11 billion in revenues, over 13,000 employees, and are a mature business. There are still over 300,000 listings for Beanie Babies. And to the original inspiration over 50,000 listings for the word Pez. Omidyar has done well, growing his fortune to what Forbes estimated to be just over $13 billion dollars. Much of which he's pledged to give away during his lifetime, having joined the Bill Gates and Warren Buffet giving pledge. So far, he's given away well over a billion with a focus in education, governance, and citizen engagement. Oh and this will come as no surprise, helping fund consumer and mobile access to the Internet. Much of this giving is funneled through the Omidyar Network. The US just evacuated over 65,000 Afghans following the collapse of that government. Many an oppressive government runs off the educated, those who are sometimes capable of the most impactful dissent. Some of the best and most highly skilled of an entire society leaves a vacuum in regions that further causes a collapse. And yet finding a home in societies known for inclusion and opportunity, and being surrounded by inspiring stories of other immigrants who made a home and took advantage of opportunity. Or whose children could. Those melting pots in the history of science are when diversity of human and discipline combine to make society for everyone better. Even in the places they left behind. Anyone who's been to Hungary or Poland or Germany - places where people once fled - can see it in the street every time people touch a mobile device and are allowed to be whomever they want to be. Thank you to the immigrants, past and future, for joining us to create a better world. I look forward to welcoming the next wave with open arms.

Venture Stories
Greatest Hits: John Donahoe's Lessons on Leadership and Being a Better CEO

Venture Stories

Play Episode Listen Later Sep 6, 2021 54:18


We're re-releasing some of the best episodes from the podcast this summer.We were thrilled to host a masterclass roundtable session for our founders with John Donahoe when he was CEO of ServiceNow. John is now CEO of Nike and was CEO of eBay for more than seven years. He is known as one of the most inspirational leaders in Silicon Valley and is a highly sought-after mentor to CEOs including Brian Chesky at Airbnb, Drew Houston at Dropbox, and Ben Silbermann at Pinterest. We're honored to have him among our small group of world-class executives and collaborators whose time and expertise help power our network of founders at Village Global.He shared advice on when to hire ahead, invest in and train, or replace personnel on your team and gave insight into his most common piece of advice on professional growth when advising CEOs. John also did an in-depth demonstration of how to let someone go with dignity and grace.Quotes From This Episode"When you talk about priorities at an aspirational level, they overlap a lot. People start realizing we're more similar than we're dissimilar." "Adversity never feels fun. I don't seek adversity. But I'm no longer scared of adversity. When it emerges, instead of trying to run from it, I now accept that it is a reality and I say, 'well, at least I'm going to learn and grow.'" "My experience has been that around any issue that involves change, you have roughly 20-25% of people who want to be part of it, no matter what the topic is, you have 25-30% of people who want to fight it, and you have the 50% of people in the middle saying 'which side is going to win?'" "[When someone is let go] The fear is humiliation usually. That's almost a bigger fear than actually leaving the company." "We're never as good or as bad as labels make us out to be." "I would say in general, for every 10 hours of business development conversations, 8 of them are a waste." "I do gratitude practice driving into work every morning. It's proven in brain science that your brain becomes more negative over time. But it's also been proven in brain science that you can counteract that." "The older I get, the more I've made friends with uncertainty. I don't avoid uncertainty. Uncertainty is as present to me today as it was before but I'm a little more comfortable with it today." Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.

ValueSide
Nike Is: "A Brand That's Is 'Of China' And 'For China'."

ValueSide

Play Episode Listen Later Jun 28, 2021 5:20


It's a declaration that is destine to go down in the annuals of American Business as a turning point. A statement that will change our perception of the role of the modern American Multinational Corporation.   The occasion was the Quarterly Earnings Conference Call by Nike, Incorporated. The Speaker was the Chief Executive Officer of Nike, John Donahoe.  

Behind the Line
LeBron James: Nike CEO Admits They're In Bed With China

Behind the Line

Play Episode Listen Later Jun 27, 2021 10:27


We've all known for a while that LeBron James...the NBA...and Nike are in bed with China. Although it's been the worst kept secret...we've never had hard proof of they're true feelings in regards to China. Well...now we know for sure. Nike held their earnings call earlier this week...and CEO John Donahoe openly admitted Nike is all about China...and fully supports China. Essentially...Nike turned its back on America. We react to these comments...and explain the blatant hypocrisy when it comes to LeBron James and his social justice agenda...and his business relationship with China.

TRAINED
John Donahoe | Investing in Your Mental Wellness

TRAINED

Play Episode Listen Later May 27, 2021 29:54


How does the leader of the world’s largest sports company navigate corporate life during an unprecedented year — while juggling being a father, husband, grandfather and friend? By practicing a skill not usually taught in business school: asking for support. Nike president and CEO John Donahoe has spent the past three decades sharpening this ability, realizing that it’s a strength — not a weakness — to lean on others in times of mental and emotional stress. In this episode, the four-time CEO shares his journey with therapy, his core purpose at home and in the C-suite, and his prime role models (starting with his wife). He also explains how meditation has changed his life and how he uses gratitude in his own routine. Whether you’re leading a team or just joining one, we can all learn something from Donahoe’s mindful approach to challenge. Inspired to move? Check out the Nike Training Club app, where you’ll find workouts for all fitness levels created and led by Nike trainers, as well as holistic health tips from Nike Performance Council members—all to help you take your wellness to the next level. Clink on the link below to get the app for iOS or Android.Download Now

TRAINED
Season 8 Trailer | Trained. Is. Back

TRAINED

Play Episode Listen Later May 6, 2021 4:02


After a short break, Ryan Flaherty returns with a seriously stacked new season of Trained. Need proof? It’s all in this trailer, where we hear from CrossFit athlete ChandlerSmith, who opens up about what it means to maximize potential and perspective. Then we tackle a misunderstood condition in sport and life — chronic pain — with therapist and author Nicole Sachs. From there, we meet School of Greatness host Lewis Howes and learn his surprisingly simple secret to success. Also this season, Nike CEO John Donahoe talks leadership, and even more world-class athletes, experts and a few surprise guests power us with insight and advice on living better, healthier, happier lives. First episode drops May 13th. Inspired to move? Check out the Nike Training Club app, where you’ll find workouts for all fitness levels created and led by Nike trainers, as well as holistic health tips from Nike Performance Council members—all to help you take your wellness to the next level. Clink on the link below to get the app for iOS or Android.Download Now

Masters of Scale
Rapid Response: Wartime leadership, with Nike's John Donahoe

Masters of Scale

Play Episode Listen Later Feb 25, 2021 30:58


When he became CEO on the eve of the pandemic, Nike's John Donahoe starting game plan revolved around listening and being out in the marketplace. But when lockdowns began rolling through, he quickly adjusted, assuming what he calls a "wartime" approach to leadership. Donahoe's view is that top-down stewardship matters now more than ever. To not only survive the pandemic but come out in a stronger position, he is leaning into the brand’s legacy, his team’s strengths, and booming direct-to-consumer digital engagement. He's also tapped an innovation pipeline that's helped Nike release a new product every two weeks. The world needs sport to bring people together, Donahoe says, and Nike is at the center of that. Doubling down on that mission, he says, drives passion from both consumers and employees, pushing forward a message of hope and unity.

Masters of Scale: Rapid Response
Wartime leadership, with Nike's John Donahoe

Masters of Scale: Rapid Response

Play Episode Listen Later Feb 25, 2021 30:57


When he became CEO on the eve of the pandemic, Nike's John Donahoe starting game plan revolved around listening and being out in the marketplace. But when lockdowns began rolling through, he quickly adjusted, assuming what he calls a "wartime" approach to leadership. Donahoe's view is that top-down stewardship matters now more than ever. To not only survive the pandemic but come out in a stronger position, he is leaning into the brand’s legacy, his team’s strengths, and booming direct-to-consumer digital engagement. He's also tapped an innovation pipeline that's helped Nike release a new product every two weeks. The world needs sport to bring people together, Donahoe says, and Nike is at the center of that. Doubling down on that mission, he says, drives passion from both consumers and employees, pushing forward a message of hope and unity.

MultipLX
Faut-il devenir une “Tech Company” pour survivre ?

MultipLX

Play Episode Listen Later Feb 4, 2021 13:31


Dans cet épisode, c'est de Nike qu'il est question. La marque au swoosh, reconnaissable parmi toutes, est bien plus qu'une marque de baskets ou de vêtements de sport. C'est une expérience. Ce n'est pas nouveau. Mais depuis 2019, Nike affirme être une Tech Company. Peut-être que comme à nous, cela vous pose question. Qu'est-ce que cela veut dire, être une “Tech Company” ? Qu'est-ce que cela change vraiment ? Quels sont les impacts sur la culture, les produits, la concurrence de la marque ? Suffit-il de recruter un CEO au profil Tech, comme l'a fait Nike en nommant John Donahoe, pour être une Tech Company ?

Never Stand Still
Nike CEO John Donahoe on Human Potential, Leadership Lessons, and Defeats

Never Stand Still

Play Episode Listen Later Aug 25, 2020 37:49


PayPal Chairman and Nike President and CEO John Donahoe shares how Nike’s slogan, “Just Do It,” encompasses the power of human potential, which leadership lessons he takes from his favorite coaches, and how he navigated a challenging moment in his career.

The Controversial Exchange
Understanding Behavior Analysis Research | TCE #017

The Controversial Exchange

Play Episode Listen Later Feb 9, 2020 89:03


0:00:45 Topic Introductions: Translational research, the role of research, and is there an article for everything? 0:03:31 Check out Dixon et al. (2016) Stimulus Preference and Reinforcement Effects of the Madagascar Hissing Cockroach (Gromphordahina Portentosa): A Case of Reverse Translational Research 0:03:34 Check out Jarmolowicz, D. P., Lemley, S. M., Mateos, A., & Sofis, M. J. (2016). A multiple‐stimulus‐without‐replacement assessment for sexual partners: Purchase task validation. Journal of Applied Behavior Analysis, 49, 723-729. 0:04:40 Check out Carl Binder and his contributions 0:06:08 Check out the video of Skinner's APA Convention keynote address in 1990 0:07:09 Topic Change: What is research? What kind of research is out there? 0:09:55 Check out Linda Hayes and her contributions 0:09:57 Check out the Parrott Hayes Lab at the University Nevada Reno 0:15:50 Topic Change: Ryan and Dimitri discuss when and how they search the literature 0:19:08 Check out the podcast Why We Do What We Do 0:21:20 APA Handbook of Behavior Analysis edited by Gregory Madden 0:24:58 Check out T. V. Joe Layng and his contributions 0:28:49 Shout out to Mark Malady! 0:29:35 World Hypotheses: A Study in Evidence by Stephen Pepper 0:30:40 Learning and Complex Behavior by John Donahoe and David Palmer 0:34:45 Topic Change: Dimitri and Ryan share their tips on critically evaluating and consuming the research 0:39:53 Retzlaff et al. (2020) A translational evaluation of potential iatrogenic effects of single and combined contingencies during functional Analysis 0:41:17 Check out Greg Hanley and his contributions 0:43:38 Hayes, Hayes, & Reese (1988) Finding the philosophical core: A review of Stephen C. Pepper's World Hypotheses: A Study in Evidence 0:46:40 Check out Steven Hayes and his contributions 0:46:42 Check out Mark Dixon and his contributions 0:46:43 Check out Mark Sundberg and his contributions 0:46:45 Check out Pat McGreevy's bio 0:53:45 Check out Rick Kubina and his contributions 0:54:34 The Visual Display of Quantitative Information by Edward Tufte 1:01:28 Check out Sham and Smith (2014) Publication bias in studies of an applied behavior‐analytic intervention: An initial analysis 1:08:24 Topic Change: So is there an article for that? Is there in other fields? 1:08:45 Food Dudes (Repeated Tasting Research Reference) 1:13:10 Check out these Acceptance and Commitment Therapy (ACT) Bootcamps 1:13:51 Check out the WWDWWD podcast episode on Berserkers 1:13:54 Check out the WWDWWD podcast episode on Zombie Ants 1:14:19 Tom Buqo 1:15:50 From AI to Zeitgeist: A Philosophical Guide for the Skeptical Psychologist by N. H. Pronko 1:20:35 Check out the What Works Clearinghouse 1:22:50 What Is Evidence-Based Behavior Analysis? by Tristram Smith 1:23:26 medical article with tiers/criteria? 1:25:58 Check out Edward Morris and his contributions --- Send in a voice message: https://anchor.fm/thecontroversialexchange/message

Squawk on the Street
Stocks Hit New Highs, Parker’s Last Quarter at Nike & Boeing’s Space Stumble

Squawk on the Street

Play Episode Listen Later Dec 20, 2019 47:50


David Faber & Jim Cramer discuss 2019’s record stock rally with the S&P 500 on track for its fourth straight weekly gain & eyeing its best December since 2010. Plus, Nike delivering an earnings beat as Mark Parker gets ready to pass the CEO reins to John Donahoe next month. And Boeing’s space stumble, its new Starliner spacecraft failing to enter its planned orbit – Morgan Brennan reports from the Kennedy Space Center in Florida. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Jason & Scot Show - E-Commerce And Retail News
EP199 - Dreamforce and Retail Earnings

The Jason & Scot Show - E-Commerce And Retail News

Play Episode Listen Later Nov 21, 2019 54:40


EP199 - Dreamforce and Retail Earnings Episode 199 covers the 2019 Dreamforce Conference as well as this weeks news including Walmart and Target earnings reports.. Dreamforce Salesforce held their annual Dreamforce Conference in San Francisco this week.  They launched a major new functionality "Customer 360 Truth" a universal customer data platform. Singles Day - 11.11 Day - $38.38 billion US (up 26% YoY) Amazon News Nike leaves Amazon Amazon Grocery Concept in LA won't have Amazon-Go Amazon is internally testing Amazon-Go in grocery sized space in Seattle Earnings Reports Walmart - US up 6.6%, E-commerce up 41% (mostly grocery) Target - Retail up 4.5%, E-Commerce up 31% (mostly store pickup/fulfillment) Other News PayPal acquired Honey for $4b. 20X their $200M Revenue Kylie Jenner sold 51% of her business to Coty for $600m Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. Episode 199 of the Jason & Scot show was recorded on Thursday November 21st, 2019. Automated Transcription of the show Transcript Jason: [0:24] Welcome to the Jason and Scott show this is episode 199 being recorded on Wednesday November 20th 2019 I'm your host Jason retailgeek Goldberg and as usual I'm here with your compost Scott Wingo. Scot: [0:39] Hey Jason and welcome back Jason Scott show listeners, well that's pretty exciting times here it's November 20th we are about seven days away from Thanksgiving T minus 7 Days folks to Holiday kicks in some would argue it done right after Halloween but I like to think of it really kind of kicking off at Thanksgiving, Jason was kick-off I saw on Twitter Some Noise around the world's largest Starbucks where you the first person in there. Jason: [1:08] Sadly I was not a side note on Thanksgiving I've been training all week by eating pumpkin pies. Scot: [1:14] Nice already. Jason: [1:14] Getting ready. I think it's a rookie mistake to just go in the Thanksgiving cold without a good one. Scot: [1:21] If you been pumpkin spice latte into it as well. Jason: [1:25] I don't I stick with my classic ice cream key around I'm weird. I did try to get my classic iced drink at the world's largest Starbucks which opened on Friday. So a little less than a week ago in Chicago, and I struck out so I was out of town Friday I went there Saturday morning at 8 when the store scheduled to open and there was already an hour line waiting to get in. And I had families in toddler with me so I we had to abort in. Do a plan B so I'll have to go back and visit another time that kind of an impressive draw that it's drawing that kind of crab for a retail store open. Scot: [2:06] You think the world's largest could hold more people. Jason: [2:09] That was my promise I actually thought they would be popular but it would still be easy to get in because. It was on Michigan Avenue which is like the premier shopping location on in Chicago and this was formerly The Crate & Barrel flagship store, so it was a four-storey 40,000 square foot furniture store that they've converted into a Coffee Roastery. So my assumption was it could hold an awful lot of people but apparently they're still you were still sort of them dating how many people they let in. Scot: [2:40] Is this one of those doesn't really have much mobile order it's going to be a food concentration there's no venti takeaway cups all that kind of strangeness. Jason: [2:51] Semite so that the concept of this is called The Reserve Roastery I want to say it's the like this one. If I have this right the first one was in Seattle there's another one in New York this is the third one in the US there's one in Shanghai there's one in Italy on which is controversial, enter this is like the premiere Starbucks concept it was a pet project of the founder of Howard Schultz the founder of Starbucks. It does have all the regular stuff you could place a mobile order there you can get all your traditional drinks. But it has a lot more stuff so they roast beans there and if you go to any Starbucks anywhere in the world and you buy a reserve being the beans that come in the the black and gold Packaging. [3:37] I got roasted in one of these roasteries so they're so it is a commercial Roastery but then they have kind of a you know it's a it's a beautiful. Kind of handmade Roastery with all glass windows so you can watch them working and they have kind of a Willy Wonka set up where they have these, translucent vacuum tubes that lead from the Roasterie to all the coffee bars in the in the building and said the beans like, fly through the tubes over your head so you can watch the beans getting delivered for making coffee. Any of your classic drinks with a much wider variety of beans that make a bunch of other drinks that aren't typical they make a bunch of drinks mixed with alcohol that have ice cream that was stand-alone restaurant everything merchandising section, this is all based on the other roasteries I visited and I'm assuming that what we're going to see in the Rock somewhat localized so when I'm assuming we're going to see you soon. Cool architecture in some variation of all that in this the Chicago store will have to report on it after I physically get in one. Scot: [4:46] Awesome well I'm here at home in North Carolina and you are out in California at drink for so tell us what's going on at dreamforce. Jason: [4:57] Dreamforce has the annual trade show for salesforce.com sales force is based in San Francisco so this is kind of on their home turf and that I saw someone refer to this is a quite Big Show it's it's every hotel room in the city of. San Francisco sold out I think I saw that I was like 40,000 people are here attending it so they they call it Burning Man for people with jobs. Which I thought was pretty funny because there is a lot of like chocolate brand building entertainment experiences in addition to the sort of. Salesforce product experience is so that like really extravagant. White outdoor Forest that they built in they give away free expressos the forest has like. Like a redwood tree that you can drive through and you know all this kind of cool stuff and have a lot of celebrity speakers, show Emilia Clarke from Game of Thrones this year Megan Rapinoe dying from USA World Cup team this year, a Beckham the musical act is like Fleetwood Mac and then the the big headliner Tina I mean Tim Cook is speaking but the big headliner is Barack Obama speaking tomorrow so they get a lot of. Interesting to listen to people that are you know probably not talking about the marketing cloud. Scot: [6:23] Yeah and then so then they that they talked a lot about a lot of social kind of stuff obviously so that the CEO of Salesforce is really into that and then I usually wear like crazy shoes. Jason: [6:37] Yeah he likes a mark Billy off is a very Progressive CEO and he be like there's a lot of really good causes and so we highlight some of those, on the stage right he's built through hospitals in San Francisco and sponsored some public schools and things that are kind of cool but they do they have like they have content about helping people to, be more Mindful and they they have a whole exhibit full of actual monks that are helping people to meditate you know they have a lot of bad like Arianna Huffington talking about like. Trust and transparency and yeah I just I mean yeah she wouldn't go into the sweet thing but. Yesterday they have a lot of people talking about like their pet interest which are you know potentially interesting helpful lifestyle Tibbetts. But then they also do generally make some big product announcements at Salesforce and and so like. I'm not sure this is going to go down as the biggest year but there's some I guess I'm reasonably sized interesting new announcements. Scot: [7:46] How much of the show is there like a track for e-commerce and an of the you know they're there I guess they called the Commerce club now is that a thing or is it. Jason: [7:59] There is there so there's a there's a Commerce track Commerce is like integrated into the the Keynotes along with the other clouds but I will say. They're shifting a little bit more from products to rolls so, when they were product-based like the Commerce cloud is about e-commerce in the marketing cloud is about sending emails, and you know that they're kind of Shifting the content to be more roll bass content so it's a retailer or a b2c company and that that roll. Yeah would obviously you need Commerce and marketing cloud and CRM and customer success rights are there. I would say like they haven't completely transition there still are definitely some products and Trick Tracks and there's there's a stand-alone Commerce keynote for example as well as some. Dedicated Commerce content in the the main stage keynote but I do think I feel like it is Shifting more it won't surprise me if a couple years from now there's a retail track. Not accomplished you know that's a pretty reasonable thing to do. Scot: [9:07] What are the highlights of utena the show. Jason: [9:09] Yep so the a big one so one thing that like. Obviously is well known to you but you know very first Cloud companies so in fact when they launched the company they launched it at Oracle world and they they did like fake picketing outside of Oracle works at World saying like. Like free software you know and put it in the cloud and it was you know this whole like counterculture thing, and anyways I still feel like they are a really good example of the cloud like they, it took a lot of feedback on features from their customers and their customers can vote on the features they most want in every quarter they do a new release and you go to the home from work on Friday and you come back to work on Monday and suddenly you have all these new features, that where that features most requested by their customers and so that doesn't sound like rocket science but a lot of other Cloud companies I still think like. You're not getting the full advantage that you should from the cloud and so at the show what they tend to do is release some major new feature. It's free and instantly available to all the that users on the cloud so I can couple years ago they launched Einstein which was their AI module and it was, you know a free new thing for all their customers so this year they watch them a major new platform that's free to August and customers of customer 360 true. [10:32] I think they're starting to struggle with their naming conventions a little bit here. But that this is is interesting like I feel like this is very on-trend so it's a couple of, can a customer data features rolled into a meta offering so the Met offerings called customer 360 truth and I think truth stands for kind of, the single source of Truth for all customer data and the the modules inside of it is they have kind of a data manager that lets you map all your data from your various Salesforce and non Salesforce systems, into a single Universal. [11:10] Data platform so it's based on customer and it has a unique ID for each customer so like normally we would call that a CDP or a customer data platform, so it seems like Salesforce has launched one and they made it free to all their existing customers, and said that the actual example that use on stage was a retail example they had Louis Vuitton they commented you know. Despite the fact that Louis Vuitton uses marketing cloud in the Commerce Cloud that the you know the keynote speaker bought some cool Louis Vuitton shoes. Last week and he got an email you know marketing on this week because the in-store POS doesn't know you know that the the email system doesn't know that the insert POS old shoes. I'm inside with this new 360 data manager you can't. Relatively easily Plum all that data together and then the marketing Cloud knows to you know Market stuff to people that already bought their shoes instead of, to try to sell you the shoes you already bought so, the CDP space is pretty popular right now makes total sense that sells words would be in it kind of big news that they are not trying to sell it but they are giving it away and because they a lot of companies already have a lot of their data in Salesforce. [12:30] That's a pretty big competitive advantage of its kind of one click and you load all that data and all the data mapping and stuff is already done for you so that's pretty slick. New problem we're all struggling with is data governance and privacy, you know there's a European data standard and the California did a standard goes Live January 1st and so suddenly we all need new metadata about, who has permission what rights to us or what data and how we collected and all that sort of stuff so part of this 360 trap trust is a privacy and data governance module which is a product a lot of people are having to buy right now to get compliant so that's interesting, and then they have a customer in audience is module I may have the name wrong, this to me sounds sort of like what we would in the advertising space traditionally call a DMP or data management platform and so this is kind of, ability that take all the state of that you now a aggregated, and like create audiences and segments for specific campaigns and specific uses so it's the ability to do really sophisticated slicing and dicing of all this customer data you have, and the work with it. Known data IE people that you actually know and also unknown data IE you know an honest users that I've text you but haven't identified themselves, so that's kind of a pretty comprehensive interesting product that they want that's basically available immediately we stand. [13:59] In their sandbox so I'm sure some customers are excited about that. Scot: [14:03] Is the CDP thing on acquisition or something they build organically. Jason: [14:06] To the best of my knowledge they built that because I am not familiar of this specific acquisition there are like, a lot of the plumbing like so a big part of this is is data mapping and transformation and they they bought a very big company in that space mulesoft. Last year so it wouldn't surprise me if they revered some of that capability in here but you know they also had new announcements around how you'll stop is developing as a standalone tool so. So don't know I'm not specifically aware that they bought a CDP. Scot: [14:37] Do this is disrupted in the CDP world because if you already have a salesperson you get this for free then you're going to. Jason: [14:44] I think if you're a. Scot: [14:45] Buy another city. Jason: [14:46] Has has like you know very much data in the Salesforce Cloud it's it's definitely going to be a much tougher sell for anyone else and you know I would say a lot of people that have had a lot of trouble getting. The anticipated return or value out of it right like they you know the IT department to love to move around all this data and buy all these new tools that they often don't have buying from the business users in the office. Don't don't change their marketing activities based on having these new tools and so you don't get a very good Roi and. Because Salesforce has a lot of the marketing tools. Yeah I think they have a better chance to be successful and I think it's going to mostly go head-to-head with Adobe that you know also has a very robust marketing stack and has their own CDP, but yeah I'm sure the rest of the CDP vendors would rather a Salesforce have not gotten into this place. Scot: [15:41] And then if I remember from our deep dive on personalization that's kind of the heart of personalization alive times has this CDP thing. Jason: [15:49] Exactly in Encino sales force has a lot of person with Asian features they have a pretty robust a eye capability the day they have Brandon Einstein and so, kind of one of the cool things about the cloud is like you do do this mate data mapping you plug better data into it and all the recommendation tools you have and they iTunes you have. Just start working better without really having to do any new implementations or anything else which is to me pretty cool kind of like when you get up in the morning and your test was faster. [16:21] And then add some more. [16:23] Some other product announcements I mention Einstein a couple of times that big Einstein announcement is that they there beta testing Einstein voice so this is a natural language processing engine for all the sales for school, and so that they use case they damn it is you know you're in. In a sales meeting with a customer and you walked out of the meeting and now you kind of dictate your notes into the Salesforce app you just using natural language and you know Salesforce logs at contact in the CRA, you don't create the forecast if that's appropriate their you know all those kinds of things they did a couple other use cases that are kind of cool where. It can listen to the sales calls on the phone and listen to customer service calls on the phone and, either do kind of post call analysis and recommend different things to the salesperson than what they actually did you know based on its artificial intelligence, when the case of the customer service module it can be calling up like knowledge articles in and and helpful resolution to a problem just while it's listening to the, the customer service person talk to the customer so voice. That seemed a little less like live in a little more kind of this is the early version. [17:45] And then they now have some partnership well I guess those first ones not a partnership Salesforce about Tableau last year which is a big. [17:55] Data visualization data analytics tool. Today announced that the full integration of Tableau and Salesforce so now your Salesforce customer you get the whole Tableau capability set to use against your data for free so that's kind of cool. Is Salesforce a much better fate of visualization and analytics capability and then they announce Partnerships with three other companies so they announce the apartment or they, renew to partnership with apple the announces partnership a few years ago and this mostly takes the form of they launched on the sales force apps to run on iOS and so they have a. Pretty robust. Interface for all their tools that runs on iOS and and that's where they demoed Einstein voice is Kentucky into that app and stuff that was kind of cool. They announced a partnership with Amazon and I would call this one the least interesting they. [18:52] Have made a version of their customer service module stand alone and they're selling it as a as an app on AWS sojourn AWS customer you can turn on this. Customer success portal from Salesforce they announced that some of that Einstein voice stuff that we just talked about is available in beta on the Alexa devices. I'm so you potentially could dictate yourselves notes into an Alexa instead of in your phone. And they announce some training material that sells horse has a big warning portal and they announce the AWS training is is now available on the Michelle Sports training for so a pedestrian stuff there I would say, and then the last announcement which was a little surprising to me was a partnership with Microsoft. And the the biggest component of this is that they're moving the whole marketing Cloud to Microsoft Azure so this is to my knowledge the first time Salesforce is kind of formally picked. A public Cloud to host their Solutions on I think you're the for like most of the apps that run on Salesforce his own cloud so interesting and I'm sure a big win for Microsoft. Scot: [20:03] The so I guess that won't really be back customers just got like the back ends where it says. Jason: [20:10] Yeah I know it's Maura inside baseball thing like I'm sure you know if your Google Cloud platform you're upset and I you know I almost feel like the AWS announcements might have been to kind of soften the blow that they didn't pick it up. Scot: [20:24] Brickell the other big event that has happened since our last podcast that were recovered news is singles day did you track a I had to be at a fleet conference so I was not able to track lost a very close see did you see how that one. Jason: [20:38] I did I kept an eye on it it's it's almost gone so mature that it like personally I'll say it's like slightly less exciting for me. Then it was four years ago when we started this podcast for example but not shockingly they had another big year so, total sales for the day we're 38.38 billion dollars in US so that's a. Huge number that's more than six times bigger than the biggest e-commerce stay in North America. The scales just amazing and they're all these ridiculous stats about how many orders they take in the first minute in the first hour and all that stuff by partly because. Bape resell all the sales for so much that customers have chewed up a lot of purchases and they log on the first or second of the sale and click by, to my knowledge alibaba's never had any major infrastructure problems with this day which is like super impressive to me, is this feels like one of the biggest stress test of it and a delivery infrastructure in the world then it seems like they nail it every year. The one thing I would say so that that 30 billion dollars represents 26% year-over-year growth which is where the first time ever a deceleration in the rate of growth. [21:56] So you know the day might be kind of maturing a little bit the thing I go in a single day looking for most is if there's any evidence that there. [22:06] Expanding their International reach so single day like definitely. A place to a broader audience than just China but it tends to live primarily in Asia and there's some you know Western retailers that try to piggyback on it but but Alibaba themselves you know their main pushes get Western brands, on the platform selling to Asia for singles day not get Western consumer shopping on Singles day. And I would say like I saw less evidence this year than I had in the past that they were even sort of leaning in that direction, but it's definitely true that you know Western Brands tend to be amongst the biggest Sellers and fastest runners, on Singles day like it was a mix this year so they were like 15 brands that did over a billion one, in sales and that was like Chinese companies like way way, a Japanese company like Fast retailing that owns Uniqlo and then you know it's apple and Nike so, kind of a good mix food supplements are actually the biggest category so you know it's a lot of people buying like like gourmet food and nutritional supplements. Mostly imported products and then Cosmetics makeup Beauty are the second biggest category in her quite huge. [23:30] And then you know stuff like and Mike are like diapers do well to so so good day all around. [23:39] It felt like generally continuations of trends that we seen in the past rather than something while be different this year. Scot: [23:45] Used to be on Amazon would be up on that list as well have I wonder if they had a good singles day and I didn't see anything about. Jason: [23:52] I didn't see them referenced and you know singles Day falls on Veterans Day in the US and obviously you know it's a. Short. Of time before Thanksgiving and this year because. You know there are fewer days between Thanksgiving and Christmas like a lot of people started their Thanksgiving promotions earlier so you know it all together. Scot: [24:18] Yeah Google when did Jason Scott show without some Amazon news. Jason: [24:22] Amazon news new your margin is there opportunity. Scot: [24:36] Big amazon news that we want a report on is discovernursing so on the 13th of November not called this kind of the holiday punch in the news Nike pretty publicly announced that they are going to suspend that pilot program where they were selling Direct on Amazon there's a lot of this started this in 2017 there's a lot of speculation that so John Donahoe who was CEO of eBay and then went to, assassin company for a while and then it now has become CEO of Nike he had something to do with this obviously not a huge Amazon fan so that was pretty interesting Jason what it what did you make of that one. Jason: [25:20] Well there's a lot of speculation I Channelview the speculation that like when Nike started this pilot in there in 2017 I think it was, did it wasn't necessarily an effort to sell a ton of product on Amazon and Nike sort of felt like they had to be on Amazon for their customers the speculation was, did they wanted more leverage over Amazon to help and get Amazon to cooperate with sort of anti counterfeit anti gray marketing. And so you know a lot of us think that they they put a limited assortment of Nike products and certainly not the like poppy are new releases on Amazon in order to have a more formal business relationship with Amazon to achieve some of these softer goals and you don't now the inference is that didn't work very well or Donahue felt like it wasn't worth it or or you know whatever the case is but it, doesn't it never seemed like it was a full court press to create an amazing Amazon Nike brand experience on Amazon. I still like I think it's interesting I think it definitely gives cover to a lot of other brands that are on the fence about whether they should be on Amazon or not like I definitely think when Amazon Nike moved on there. It made it harder for other brands to say like we don't think that's right for our brands, and now like I think it did they're not on there I think it makes it easier for other brands that make that say move what it what do you think about that. Scot: [26:48] Yeah Yeah lyrics and see what how other brands react part of I think what Nike was thinking when they did this was they could control part of this was simultaneously Amazon put the clamps on people selling Nike products and if so I haven't heard anything but I'll be interesting to see if those, yo come off as well and then so will happen is this product will still be on on Amazon but just did the third-party Marketplace and argue, Amazon Prime makes more money that way anyway so I think Amazon will be okay I wouldn't I wouldn't cry for an hour don't stay up all night worrying about Amazon Chase. Jason: [27:28] I was not going to but you actually reminded me of another day point I actually heard some rumors that in the run-up to this that Nike may have been. Actively soliciting some of their authorized dealers to be comforted party sellers so like Nike may have even decided to help make sure that the. The product stayed on the platform when they pulled off the one piece sales. And I would just add one another thing that's a little more about Nike than Amazon but the to me. Nike being on Amazon was kind of counterintuitive because the same time they announced this pilot they announce this big initiative to cut way back on the number of wholesalers that they had, in the premise was we only want to work with retailers that have a really differentiated customer experience otherwise we would just rather sell the rest. [28:19] And so they literally had like 30,000 businesses that were selling Nike shoes and allegedly they tried to cut that down to 40 in these forty all had to kind of commit to have an enhanced Nike experience so think of like, Nordstrom with a Nike shop and shop for things like that, so to be kind of a commodity on Amazon at the same time you making that other shift kind of fell in kangaroo it is and they really had a lot of success with that initiative so, in 2013 so while ago 19% of their sales were direct-to-consumer today 30% of their cells are directions to consumer in it it's a that's a big number and Nikes case so that's pretty successful. [29:02] They're like 35% of their their their online sales are growing at 35% same-store sales growth like 6% so like most of the growth is coming from, their online direct to Consumer which is super interesting and I talked a lot about Nike being really good at digital in-store and doing a lot of really smart things, in their house of Innovations and their Nike towns and the one bit of news I didn't get to cover when it happened but that I think is super interesting is, Nike has this really good app that lets you kind of specify shoes you want to try on and in a Nike store of the shoes get delivered to a locker and you can try them on and buy them without ever having to talk to a Nike salesperson there now. Piloting that capability in Foot Locker stores so you walk into a Foot Locker in the upper east side of Manhattan and you can. Use the Nike Plus app to try to win merchandise and Foot Locker store you can order merchandise and it gets delivered to a Nike Locker inside the Foot Locker store it's a, it's super smart and interesting for Nike it was shocking to me for Foot Locker because it essentially means that Footlocker is encouraging. Customers to use the Nike app in Footlocker and you know like that doesn't help their Adidas sales very much so it was it that was it. An interesting thing that I've never seen before where a brand had a successfully done a takeover of the in-store digital experience of a retailer. Scot: [30:32] Yeah yeah must be complicated to manage all these different brand experiences at some point. Jason: [30:36] And then one other like so I started with an irony of and I'll finish with an irony this announcement that they're pulling off of Amazon happened two days after single day and of course Nike is one of the biggest presences and is all in on, I'm single day so that you know they one of those 40 retailers definitely is Ali Baba. Scot: [30:56] One of the R9 listeners were one of the kind of previous holiday punches in the nose that Amazon received was from Toys R Us so we'll see how this goes for Nike. Never a good idea to kind of flip your nose in Amazon so maybe we'll see some amazonbasics shoes with swoosh like things on them. Jason: [31:18] Yep. Be interesting. Scot: [31:19] Another quick Amazon one they did announce that they are going to start a week of Black Friday deals on the 22nd so they're they're going to have a week of Black Friday deals so it'll be interesting to see the kind of settled on on this deal format with a good kind of a combo of it got the gold box it got some Lightning Deals at the other day and then they wrote a bunch of that stuff in the past experiment was video and whatnot. I'll be watching on the 22nd just going to get a flavor for is there some new kind of platform at the deals as a kickoff Black Friday deals. Jason: [31:57] Yeah yeah I'm watching it in a we talked a little bit about this but the you know they also publish their physical toy catalog and one of the things they did a really good job this year and the toy catalog is. Digital integration in the paper catalog in it and sort of quick to buy capability and so. I thought that was really smart and then I noticed that the Walmart toy catalog holiday catalog just came out and is the first time Walmart has implemented that capability as well so that seems like the new the new standard and catalogs as you finally have to. You don't make your catalog digital friendly. Scot: [32:33] The any other Amazon news before we go on to Walmart earnings. Jason: [32:40] Just too quick to bits on grocery so we've talked about the fact that Walmart or Amazon has some real estate in Los Angeles and that and that they intend to open in grocery stores in Los Angeles. They they responded to some press inquiries last week, and in one of the one of the questions was are these stores going to be Jay Watts stores just walk out store so will they will they use Amazon go in this La Market in these much bigger grocery stores and Amazon said no so, that was kind of a definitive answer that you have these grocery stores aren't going to be bigger go stores and of course all the speculation is that they're going to be. Lower price of grocery stores like Target in a broader audience. [33:26] So we're all going to be eager to see when in January these doors open and I'll sure make a truck out to LA. Take it out of the winter and do some shopping in the new Amazon grocery concept but then there was an article that came out this week that although they're not using, Amazon go in this La Market concept that they're opening, Amazon did admit that they have a dark store at private store that they don't you know what let test customers and employees into in Seattle this a 20,000 square foot grocery store, that is using the Amazon Go technology so they apparently are pressure testing and stress testing, the the Amazon Go technology for a bigger form factor store which is interesting and in that same article they also acknowledge that they're actively talking to several retailers, about attentively licensing the technology and one of the ideas was apparently Amazon has productized kind of a small kiosk version of The Go technology. That you might use it like an airport or a hotel lobby and that a sibo which is a sort of a gourmet food and convenience store concept it's in a lot of airports. Was apparently named as a potential licensee for that so give me interesting stuff to watch. Scot: [34:50] Record then we have a couple earnings to report on super stuff is Walmart. Jason: [34:56] And not shocking but they they had a good earnings call so Revenue was up 3.3% same-store sales in the US were up 6.6% so the US is doing better than International for them econ was up 41% so that's right in the range that they've been. [35:16] Announcing a recorder they've been kind of bouncing around between 39 and 45 per cent they promised that for the year that be up 40% so 41%, feels good and Doug mcmillon acknowledged that the bulk of that gross in e-commerce is Grocery and specifically grocery pick-up and and he did kind of, talk about the the elephant in the room on that that that growth is not particularly profitable and you know one of the goals for Walmart is that they need to do a much better job of. Selling more stuff to those those grocery customers to make the sales more profitable and so what's interesting about that is the aov, on grocery pick-up is already higher like twice as high as the it'll be in the store but what isn't happening in grocery is you're not adding any general merchandise to that order, and though that's you know one of the big challenges that that Doug mcmillon talked about is they got to turn online grocery customers into overall Walmart customers. And you know we were at the moment there's a separate app that you use to buy groceries then there is to buy general merchandise and so you know. [36:29] They call that the gold and blue app and don't be surprised if you see, the feature set of those two apps kind of merge in order to affect the School of the Dead was talking about but it is interesting to me either. 1400 their stores now do grocery delivery $3,000 stores now do grocery pickup, again they have about 4,000 stores in the US so they can expand for another quarter and a thousand more stores and keep having this kind of growth, you know is very likely that growth is going to slow down once they get to 4000 stores that are all doing grocery pick-up and delivery and then it's going to be really critical that they, change the customer Behavior or their other cops are going to be really challenging and then kind of related to the earnings announcement they did introduce their new CEO for the us so that used to be a CEO named Greg foran he left to become the president of New Zealand airlines he's a native New Zealander so, best way to drag and they promoted John firmer who was the former CEO of Sam's Club to be the president of the u.s. So he's a longtime Walmart guy but he's a really young guy so. [37:42] Congrats and it's going to be interesting to see how he does it Walmart and then they back filled his job with Katherine Maclay who used to run Neighborhood Market so that's. The stand-alone Walmart grocery concept and so she steps up to become the CEO of Sam's Club so some some internal matriculation happening it at, at Walmart. Scot: [38:05] Sunmark Lori reports right to McMillan right so would does he is eCommerce, cross-section so the u.s. guide actually just run stores in the Commerce a separate how does that. Jason: [38:19] Yeah yeah so there's two presidents of the US there's there's the president of stores which it was dragging now John and there's the president of digital which is Mark they both report to the CEO. At Walmart which is Doug mcmillon and the like there's a chief customer officer, that's kind of above marketing and she reports to both of them so she coming to you don't have to report that to the digital and the stores. And you know I think some of the old articles from last year about Walmart we're about like some sort of friction between the store guy in the digital guy in the fact that you know. A lot of the digital growth was actually being delivered by the stores with this online grocery pick-up and that you know Mark was kind of getting credit for it but it was probably, the store guide doing most of the work so it'll be interesting. John's a little younger than Greg you know I think it's a fair assumption that he's a little more. Digitally native then dragged was and so it'll be interesting to see if he has a different relationship with Mark and Greg. Scot: [39:25] Selena on the heels of that we had Target earnings and this is what in the world of all straight we effectively call a beat and raised so this is really well-received by Wall Street, so the beat part expectations was EPS of a dollar 19 came in well north of that at a dollar 36 and then they bumped up the guidance at Wall Street was expecting 592 620 on the revenue side and they came in at 6:45 to 6:45 so they kind of move the range of guidance up above all she was acting self shares were up pretty sharply I saw, thanks to this so that was good and then there was a e-commerce was up 31%. Gets me back to this question we should we talk about Pride like every 10 shows or so if everyone's e-commerce is growing north of 30%, these are big companies so Amazon's at like 25 Walmart we have at 41 Target here at 31 how on Earth, even like Shopify is growing forget their number but it's it's like 30% I think last time I saw GMB wise. [40:40] Then we have e-commerce growing at 15% I I. I don't know how that works something something has to be like a negative growth even eBay is like just flat so it's not going to really be a negative trim there so I can look inclusion e-commerce is either going faster than we think it is or, or there's some peace some dark matter in there that we don't have any visibility on that I'd like to me but I digress did you see anything interesting in the Target earnings date they the talk a lot about ship-from-store some sure you if you were interested in that. Jason: [41:13] Yep yeah that was super interesting that we talked about it before but my answer to your conundrum below is that e-commerce is growing faster than we think, and the problem is like all of these these, companies that come out and say e-commerce is growing at 15% of index there their forecast of the US Department of Commerce data in the US Department of Commerce data is flawed for, Ecommerce particularly for omni-channel e-commerce and so when Walmart says they grow 41% and that's mostly people going to pick up groceries at the curb the US Department of Commerce counts that is best for sale so that's part of your bra. But in any case yeah the target announcement was super interesting to me for some of the granular data they shared about their curbside pickup so first of all they said hey we grew 31%, 80% of that gross was pickup in-store orders. So so that the that you know they bought this company ship they they really enhance their curbside pickup capabilities they do deliveries from store and they do they actually built with all male rooms in the back of all their stores and they do ship from store and so. [42:27] That store inventory is being used for 80% of their digital growth which is huge and then most interesting is that they said that when a customer comes to the store to pick up an order so we don't have to ship it to the customer. That takes 80% out of our cost or 90% rather out of our costs 08, curbside pickup order Casas 10% of what a ship to home order cost us and when we get a ship the homeowner and we can ship it from a store. That cost that's 40% cheaper than ship from a fulfillment center and so, the you know a debate has always been like Ashley stores aren't going to be as efficient at picking and shipping as a fulfillment center so you know the unit economics could arguably be worse the pic and chip, and then the counter argument is but your shipping in a way shorter distance because the inventory is already a lot closer to the customer and so the shipping cost should be well or and you know people debated about whether that netted a positive or negative for the retailer and what Target is saying as. Man we can ship something from the store that I get there faster to the customer and it says it's a bunch of money and we can get the customer to come to us and pick it up it saves us, a boatload of money and that's what most of our customers are doing so. [43:46] To me that's super encouraging for Target and it's fascinating and it really high like me. The difference between the Walmart and Target strategy. [43:59] So one problem with all the ship from store and pick up in store stuff is you can only sell the inventory you have in the store right, is a target's got 65,000 skews in the store and soda Target digital strategy is to sell those 65,000 skus, either Walmart you had like 200,000 skews in the store but you're trying to compete with Amazon for the total wallet share and you're trying to sell tens of millions or hundreds of millions of skews and throat you know Walmart is totally leaned into building more fulfillment centers in developing a Marketplace, and that that kind of thing to sort of get there their catalog up to be you know competitive with Amazon and they're making progress and doing that, but it really makes the unit economics challenging for Walmart whereas Target is selling a much more constrained, catalog but they're actually able to do that profitably you know it's kind of not sure once Reggie's right or wrong but it feels like, Walmart is trying to hit a homerun and compete with Amazon and Target is trying to head a sort of a single or a double and you know being more successful at doing. Scot: [45:09] The one thing that doesn't add up for me so the store has 65,000 items Target's website has I would imagine orders of magnitude more than that right. Jason: [45:21] Maybe a order of magnitude more they have more but it's not their target does not have millions of products. Scot: [45:27] That's what's to say it's a hundred. Jason: [45:30] Yeah could be two hundred thousand. Scot: [45:32] Yeah but what's a 200000 the chances are. Yeah that the thing you order online is not going to be in the store so do they know are they pushing people to order things in the store and some way like the top of search results. How are they or just happens to be the head of the distribution curve and that's kind of the 80/20 rule. Jason: [45:54] So I do I think it's partly that that 80/20 rule but I do think target is more actively merchandising the in-store assortment in are you know, then there are some other retailers and you know it is I think it's two because they have a. Metronidazole a lot of items but and I don't know this for a fact but I would bet you anything did the percentage of customers on target, Define products through the guided navigation is much higher, then the percentage of people that find products through the guided navigation on Amazon or Walmart like the Walmart and Amazon assortments are so big The Galley navigation is use very little and almost everybody has to find things through search but Target is so much more known for curation, a lot more with target cells are their own Brands brands that are exclusively available through Target. And like I do think they have like a more chill rated taxonomy that's more friendly to shopping and so, you know part part of this is a self-fulfilling prophecy is that you know more people are clicking through the menus they're saying the first page of that menu result they're buying stuff that's all stuff that's in the store. I think that's literally the target strategy and it's kind of opposite of the Amazon Walmart strategy. Scot: [47:14] And then a couple Acquisitions to talk about the first one that I think shocked both of us PayPal acquired honey-honey is a well, browser extension so it sits there you install it into your Chrome or your Safari or your Internet Explorer, messenger name that always forget and you know what kind of watch is your shopping behavior and if it sees you throw something in your cart somewhere it will go and try to find a lower price so essentially just like. [47:43] Scot Anderson there's tons of these out there none of them have got no attraction but for some reason honey is done a really good job with marketing and and seems to have a pretty good user base the thing that shocking about this one is a couple things first of all the price tag of four billion dollars this is asbestos, we've seen reported this 200 billion dollar Revenue company just got a 20 x multiple so that's just me there was some kind of a bidding war hear the other thing I wonder how PayPal navigated is I would imagine so if you think of Amazon having 50% of e-commerce it's probably 50% of the honey I'm activity or more is on Amazon. [48:28] My understanding is there some kind of an affiliate relationship they're so so Amazon hasn't black honey but now that it has a new owner I'm Amazon you know do I really want it your PayPal owning this there's going to be some, preference PayPal payments Amazon doesn't take PayPal, yell at my say something happens and they are in Amazon turns off honey which which is very viable yeah you can look at the IP in and just shut the crawlers down that they have you know that thing has huge exposure from getting an award Amazon so I hope PayPal is thoughts through that and, got some somewhere around that challenged his communication to see what happens to that one. Jason: [49:13] Yeah and I can try to shut them down they can make it way harder for honey but like there are companies that successfully still. Do stuff with Amazon even though Amazon doesn't want them to I'm not saying that's the position you want to be in but I'm not sure it would completely exclude on that would just make it much harder if Amazon. Active it at preventing it, but I think they might have a broader version of that problem you know Visa V PayPal in that like I I don't know that much about honey but I imagine that the retailers have a love-hate relationship with him if, you're not a honey partner and people are shopping on your site and honey is trying to divert those customers to a site that is a honey partner, you don't like honey very much right so if your target you're not paying honey and when you you know try to buy stuff on On Target it's saying like hey there's this other retailer that has a lower price, or you know honey you says like hey they have a promo code over here these kinds of things. You have the potential to to alienate a bunch of retailers and those are the same retailers that PayPal is trying to get to a doctor platform, so it is possible that they're going to have some customer conflict here don't don't know enough to know that for sure yet but but it's going to be interesting to see how it all plays out and improve your point. I sure hope PayPal thought through that when they paid for billion dollars for me. Scot: [50:43] Yeah we should probably rename this segment Scott and Jason are super jealous or why didn't we think of that so it so number one congrats. Short forgetting this exit and then the other one that was kind of mind-blowing was Kylie Jenner she started a makeup company and you know obviously she's she in her hole Kardashian Clan there are a really big influencers this has blown up 2 / 200 million in Revenue very quickly and she sold half the business to the large conglomerate in the beauty category called Cody for 600 million which is effectively gives that a 1.2 billion dollar valuation in the real mind-blower is the company has six employees. Jason: [51:29] Yeah that Revenue per employee works out to be pretty good huh. Scot: [51:32] Yeah I have a feeling Kylie may take a disproportionate amount of that but we don't. Jason: [51:40] Yeah I know it's that super anything in that I mean it's a nuanced but I think Cody actually bought 51% so that's that a controlling interest. Which is somewhat interesting like I wonder if that will in any way put off Kylie Jenner fans but I mean mad props to her like I think she's actually totally changed the way influencers think about monetizing, their popularity comes before this they all would take money to, sell other people's stuff and this model has been so successful that you now see a lot of other popular influencer saying hey. I'm not going to promote someone else's product. No launch my own products and so there there's a lot of lot of folks trying to follow in her footsteps but this is a. You know what that huge home run and congrats Shopify by the way cuz that's this probably the biggest biggest retailer on the shop. Scot: [52:33] Yep and it's also important to point out that this is also a DMV be kind kind of a strategy here so imagine fairly large percentage of her sales are from her website and then she does I think she does sell thru I always get it could use which one but she's in either Sephora or Ulta. Jason: [52:55] Yep and I think she started out online only and then only in the last year has she added the the wholesale distribution but so yeah for sure. Scot: [53:06] So Jason and I have a big announcement we are starting the Jason and Scott beauty company and we're going to come out with a palette for Holiday 2020 so stay to. Jason: [53:16] Yep yeah we're not to upgrade the servers for the mass influx of traffic we get for that but looking forward to it and it will include a browser plug-in which will help you buy a product instead of anyone else's product on the web so we're kind of think of it is, honey + Kylie Jenner. Scot: [53:35] Yep we'll just call it Scott and Jason honey or something like that we're still working on the brand. Jason: [53:40] Exactly send your suggestions to Scott, and sadly that's going to be we're going to have to leave it cuz we have used up all our a lot of time as always if you have any questions or comments you have to hit us up on Twitter or Facebook page and I please please please this is a great time for holidays to give us that special gift and go to iTunes and give us that five star review the the reviews key keep coming but we we want and need more and we really appreciate it. Scot: [54:10] Thanks everyone we're probably stay tuned for episode 200 you're going to love it. Jason: [54:18] Yeah absolutely that's going to be fun next week and until then Happy commercing.

E-Commerce Retail Briefing
Nike Will No Longer Sell Directly To Amazon -11/15/19

E-Commerce Retail Briefing

Play Episode Listen Later Nov 15, 2019 4:03


From the Simplr studios in San Francisco, this is your daily briefing.  IntroductionWith your Retail E-Commerce Briefing for today, Friday, November 15th, I'm Vincent Phamvan.Nike is breaking up with Amazon. The company announced they were ending their pilot program that began in 2017 to focus on selling more directly to their customers.  First, here are some retail headlines.  Disney+ Hits 10 Million Sign-upsDisney+ said it has hit 10 million sign-ups since launching in the U.S. and Canada on Tuesday despite thousands of glitches and complains on the first day. Although, reports of problems declined throughout the day as the company worked to resolve the issues. Disney attributed the issues to demand exceeding its expectations.Adore Me Opens Sixth StoreDigitally-native lingerie startup, Adore Me, has opened its sixth store in Chattanooga, Tennessee. The 7,000 square foot store is Adore Me’s largest location to date. The new store is nearly double the size of the retailer’s other locations, enabling it to dedicate more room for the fit and consultation area. The fitting room area also includes a bar offering refreshments and snacks. The brand’s inclusive mission is an essential element in the space, which features mannequins of all sizes and colors. Adore Me is on a growing list of digitally-native disruptor brands that have expanded into brick-and-mortar locations. Brands like Burrow, Allbirds, and Casper have all invested in physical spaces as their companies have grown.Google Expanding Local and Shopping CampaignsSearch giant, Google, is expanding its local and shopping campaigns for the holiday season. Saks Fifth Avenue and Sephora are among the retailers that have tested the capabilities. Local campaigns are designed to drive traffic to nearby locations while shopping campaigns have expanded buy online, pick up in-store capabilities for brick-and-mortar merchants. Saks this year is expanding its local campaigns to promote more store locations. The luxury retailer tested local campaigns for the holidays and saw a significant increase in store sales, along with an incremental offline return-on-ad-spend of 7 times. Sephora also saw a lift in store sales after testing the campaign.  Nike Will No Longer Sell Directly To AmazonNike will stop selling its merchandise directly to Amazon. The abrupt halt will end a pilot program that Nike and Amazon launched in 2017. At the time, Nike joined Amazon’s brand registry program in hopes the move would give them more control over Nike goods sold on the e-commerce site, more data on their customers, and added power to remove fake Nike listings. But Nike reportedly struggled to control the Amazon marketplace. Third-party sellers whose listings were removed would pop up again under a different name and official Nike products had fewer reviews and received worse positioning on the site.For Nike, the split also comes amid a massive overhaul of its retail strategy. It also follows the hiring of former eBay executive, John Donahoe, as its next CEO. The move signaled the company is more focused on its e-commerce sales and selling more directly to consumers. A Nike spokesperson said, “As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made the decision to complete our current pilot with Amazon Retail. We will continue to invest in strong, distinctive partnerships for Nike with other retailers and platforms to seamlessly serve our consumers globally.”.ClosingThanks for listening to this latest episode of the Retail E-Commerce Briefing. Don’t forget to subscribe and leave us a review. Until next time.

Bloomberg Businessweek
Bloomberg Businessweek Weekend - November 9th, 2019

Bloomberg Businessweek

Play Episode Listen Later Nov 9, 2019 60:33


Hosted by Carol Massar and Jason Kelly. Featuring highlights from Bloomberg Businessweek's special - Business School Rankings. For the second straight year, Stanford is the best business school in the U.S., tallying top scores for compensation and entrepreneurship. -Stanford GBS Dean Jonathan Levin discusses what this ranking means -Golden State Warriors Owner Joe Lacob reflects on his time at Stanford GSB and running a successful NBA franchise -John Donahoe, ServiceNow CEO and incoming Nike CEO, talks about how Stanford GSB influenced his career and personal life -Ab InBev CEO Carlos Brito talks about his unique path to Stanford GSB and shares thoughts on the Chinese consumer Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg Businessweek
Bloomberg Businessweek Weekend - November 9th, 2019

Bloomberg Businessweek

Play Episode Listen Later Nov 9, 2019 60:33


Hosted by Carol Massar and Jason Kelly. Featuring highlights from Bloomberg Businessweek’s special - Business School Rankings. For the second straight year, Stanford is the best business school in the U.S., tallying top scores for compensation and entrepreneurship. -Stanford GBS Dean Jonathan Levin discusses what this ranking means -Golden State Warriors Owner Joe Lacob reflects on his time at Stanford GSB and running a successful NBA franchise -John Donahoe, ServiceNow CEO and incoming Nike CEO, talks about how Stanford GSB influenced his career and personal life -Ab InBev CEO Carlos Brito talks about his unique path to Stanford GSB and shares thoughts on the Chinese consumer

Bloomberg Businessweek
Businessweek Extra - John Donahoe

Bloomberg Businessweek

Play Episode Listen Later Nov 8, 2019 22:34


Hosted by Carol Massar and Jason Kelly. Featuring an in-depth conversation with John Donahoe, chairman of the board at PayPal and the incoming CEO at Nike Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg Businessweek
Businessweek Extra - John Donahoe

Bloomberg Businessweek

Play Episode Listen Later Nov 8, 2019 22:34


Hosted by Carol Massar and Jason Kelly. Featuring an in-depth conversation with John Donahoe, chairman of the board at PayPal and the incoming CEO at Nike

Bloomberg Businessweek
Stanford Tops U.S. B-Schools Ranking

Bloomberg Businessweek

Play Episode Listen Later Nov 4, 2019 81:27


For the second straight year, Stanford is the best business school in the U.S., tallying top scores for compensation and entrepreneurship. Stanford GBS Dean Jonathan Levin discusses what this ranking means. Golden State Warriors Owner Joe Lacob reflects on his time at Stanford GSB and running a successful NBA franchise. Stanford GSB Graduate Katherine August deWilde, Vice Chair at First Republic Bank, shares insight on the banking sector. John Donahoe, ServiceNow CEO and incoming Nike CEO, talks about how Stanford GSB influenced his career and personal life. Stanford GSB Senior Associate Dean Sarah Soule breaks down the role of diversity in education and business. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Editor Caleb Solomon walk through the Best B-Schools rankings. Stanford GSB Graduate Coral Chung, Co‑Founder of Senreve, delves into the business of creating luxury handbags. Stanford GSB Senior Associate Dean Brian Lowery discusses helping students interact with government. Students Emily Nunes Cavness and Pulkit Agarwal discuss their experiences at Stanford GSB and the businesses they launched. Ab InBev CEO Carlos Brito talks about his unique path to Stanford GSB and shares thoughts on the Chinese consumer. And we Drive to the Close with Nadine Terman, CEO and CIO at Solstein Capital. Hosts: Carol Massar and Jason Kelly. Producer: Doni Holloway. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg Businessweek
Stanford Tops U.S. B-Schools Ranking

Bloomberg Businessweek

Play Episode Listen Later Nov 4, 2019 81:27


For the second straight year, Stanford is the best business school in the U.S., tallying top scores for compensation and entrepreneurship. Stanford GBS Dean Jonathan Levin discusses what this ranking means. Golden State Warriors Owner Joe Lacob reflects on his time at Stanford GSB and running a successful NBA franchise. Stanford GSB Graduate Katherine August deWilde, Vice Chair at First Republic Bank, shares insight on the banking sector. John Donahoe, ServiceNow CEO and incoming Nike CEO, talks about how Stanford GSB influenced his career and personal life. Stanford GSB Senior Associate Dean Sarah Soule breaks down the role of diversity in education and business. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Editor Caleb Solomon walk through the Best B-Schools rankings. Stanford GSB Graduate Coral Chung, Co‑Founder of Senreve, delves into the business of creating luxury handbags. Stanford GSB Senior Associate Dean Brian Lowery discusses helping students interact with government. Students Emily Nunes Cavness and Pulkit Agarwal discuss their experiences at Stanford GSB and the businesses they launched. Ab InBev CEO Carlos Brito talks about his unique path to Stanford GSB and shares thoughts on the Chinese consumer. And we Drive to the Close with Nadine Terman, CEO and CIO at Solstein Capital. Hosts: Carol Massar and Jason Kelly. Producer: Doni Holloway.

Suelasdegoma
#17 Mark Parker y el futuro de Nike

Suelasdegoma

Play Episode Listen Later Oct 30, 2019 25:27


Por qué Nike ha seleccionado a un ejecutivo experto en tecnología como su próximo CEO?¿Por qué John Donahoe, cuando llegue el 13 de enero, sustituirá a Mark Parker, un experto en calzado y cultura urbana que ha sido CEO de Nike desde 2006 y que comenzó a trabajar en la marca deportiva más grande del mundo en el 79?Ésta y otras noticias sobre calzado deportivo en el Gossip Day de Suelasdegoma.fm

MarketFoolery
CEO Musical Chairs!

MarketFoolery

Play Episode Listen Later Oct 23, 2019 18:10


Nike CEO Mark Parker steps down, with John Donahoe stepping down as ServiceNow CEO to replace Parker. Jim Mueller analyzes the move, and the timing of the announcement coming so close to Under Armour’s CEO news. Plus, we discuss Chipotle’s latest results, where future growth will come from, and WeWork’s admission that it was about to run out of cash. Get $50 off your first job post at  www.LinkedIn.com/Fool.

Insights for IT Negotiations
What to Expect from former SAP CEO Bill McDermott as the New CEO of ServiceNow

Insights for IT Negotiations

Play Episode Listen Later Oct 23, 2019 7:25


Less than a month after his departure from SAP, it was announced that Bill McDermott will join ServiceNow by year-end 2019 as President and Chief Executive Officer and a member of the Board of Directors. He is replacing John Donahoe who is leaving to become Nike’s new CEO. McDermott will now have the chance to lead a cloud-only software company where he will bring not only his years of industry experience but also a large rolodex of connections he has made within enterprises – a space that ServiceNow is trying to penetrate and expand within. In this podcast, Adam Mansfield discusses what this means for ServiceNow and what to expect if you are current ServiceNow customer or considering ServiceNow.

Insights for IT Negotiations
ServiceNow Q3 FY19 Earnings: What to Expect with McDermott at the Helm

Insights for IT Negotiations

Play Episode Listen Later Oct 23, 2019 18:40


It’s always important to pay attention to how a vendor within your portfolio is performing and what is said in their earnings call but this is especially true when there is a CEO change as significant as the one that just happened at ServiceNow. Q3 FY19 is the first earnings call since the shocking announcement that CEO John Donahoe is being replaced by former SAP CEO, Bill McDermott. Their comments in the call sheds light on how the company and its focus will change with McDermott at the helm. In this podcast, Adam Mansfield shares his thoughts on how ServiceNow is performing and what current ServiceNow customers should expect going forward.

Business Drive
Nike gets a new CEO.

Business Drive

Play Episode Listen Later Oct 23, 2019 5:18


Sporting goods giant Nike named a new CEO on Tuesday to take over from Mark Parker, who will continue to lead the company's board of directors. John Donahoe will replace Parker as president and chief executive officer effective January 13, Nike said in a statement. Parker said Tuesday the change was part of Nike's efforts to accelerate the "digital transformation" of the company Parker said Tuesday the change was part of Nike's efforts to accelerate the "digital transformation" of the company's business. Parker, who has served as CEO for more than a decade, and as chairman, president and CEO since 2016, will become the board's executive chairman, working closely with Donahoe, Nike said. Donahoe currently is president and CEO of ServiceNow, a tech services firm, as well as a member of Nike's board, a position he will retain after the transition. Parker said the change is aimed at using technology to boost the company's output and efficiency and pointed to Donahoe's "expertise in digital commerce, technology, global strategy and leadership," which "make him ideally suited to accelerate our digital transformation."--- Support this podcast: https://anchor.fm/newscast-africa/support --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices

Business in 60 Seconds
October 23rd, 2019 - Biz in 60

Business in 60 Seconds

Play Episode Listen Later Oct 23, 2019 1:09


SoftBank clinches WeWork takeover deal WeWork's board has agreed to a multi-billion dollar rescue package from Softbank. It gives control of the troubled office-space provider to its biggest investor. Under the deal, co-founder Adam Neumann will leave the board and lose voting control over his shares. Neumann was forced out as WeWork's CEO last month after there was little interest in its IPO and its value tumbled. PSA Q3 revenue rises 1% despite falling sales PSA Group has reported a one percent rise in its third quarter revenue to 17-point-3 billion dollars. Income at the French carmaker was boosted by higher demand for its more expensive SUV models despite a four percent drop in global unit sales. The Peugeot and Citroen manufacturer said it expected sales to shrink further this year in all major markets. Nike CEO Mark Parker to step down in 2020 Nike said its longtime CEO Mark Parker would step down next year after 13 years leading the US footwear giant. Parker will be replaced by board member John Donahoe, who currently serves as CEO of ServiceNow and previously spent a number of years running eBay. The sneaker maker did not give any reason for Parker's exit from the top job.

The Game Changers
Episode 213: The Trillion Dollar Coach

The Game Changers

Play Episode Listen Later Sep 30, 2019 20:24


Bill Campbell created billions of dollars of value in Silicon Valley as head of marketing and board director for Apple Inc. and CEO for Intuit and GO Corporation. But, he also created trillions of dollars of shareholder value by coaching Larry Page, Sergey Brin, Eric Schmidt, Jonathan Rosenberg and Sundar Pichai at Google, Steve Jobs at Apple, Brad Smith at Intuit, Jeff Bezos at Amazon, John Donahoe at eBay, Marissa Mayer at Yahoo, Dick Costolo at Twitter, and Sheryl Sandberg at Facebook. This episode reviews the book, The Trillion Dollar Coach, and explains how he worked his magic.

Influencers with Andy Serwer
John Donahoe joins Influencers with Andy Serwer

Influencers with Andy Serwer

Play Episode Listen Later Jul 18, 2019 33:13


Yahoo Finance Editor-in-Chief Andy Serwer sits down with John Donahoe, president and CEO of ServiceNow, and former president and CEO of eBay. See acast.com/privacy for privacy and opt-out information.

ceo influencers ebay servicenow john donahoe andy serwer yahoo finance editor chief andy serwer
Something Ventured -- Silicon Valley Podcast
#95 Alan Eagle on Bill Campbell, "Trillion Dollar Coach"

Something Ventured -- Silicon Valley Podcast

Play Episode Listen Later Apr 15, 2019 26:39


Alan Eagle is Director of Executive Communications at Google.  He is the coauthor of Trillion Dollar Coach, a book he co-wrote with Google’s former CEO Eric Schmidt and Google’s former SVP Jonathan Rosenberg. Trillion Dollar Coach tells the story of Bill Campbell – a football coach who became an executive at Apple, and then one of the most beloved coaches to a “who’s who” of Silicon Valley. Among those coached by Bill Campbell are Larry Page, Sergey Brin, Eric Schmidt, Sundar Pichai at Google; Steve Jobs at Apple; Brad Smith at Intuit; John Donahoe at eBay; and Marissa Mayer at Yahoo. In this podcast, Alan discusses what made Bill Campbell so special. How did a football coach become beloved in Silicon Valley? Why is Bill Campbell called a ‘trillion dollar coach”? Finally, Alan discusses and what lessons we can take from Bill today: How to run a meeting, the meaning of leadership…and the power of love. ------ In the Something Ventured Podcast (https://somethingventured.us)  Silicon Valley insider Kent Lindstrom explores the reality behind the Silicon Valley headlines as he sits down with the people who are shaping the way we view the world online...and beyond

Axios Pro Rata
Sitting in the Clouds

Axios Pro Rata

Play Episode Listen Later Mar 27, 2019 11:32


Dan chats with ServiceNow President and CEO John Donahoe about Enterprise software. In the "Final Two", a roller coaster day for big U.S. Healthcare plans and why cities are clipping Big Tech's wings.

Venture Stories
Live Episode: Lessons on Leadership and Being a Better CEO with John Donahoe and Ben Casnocha

Venture Stories

Play Episode Listen Later Mar 14, 2019 54:37


We were thrilled to host a Masterclass roundtable session with our founders and John Donahoe (@Donahoe_John), CEO of ServiceNow. Prior to ServiceNow, John was CEO of eBay for more than seven years. He is known as one of the most inspirational leaders in Silicon Valley and is a highly sought-after mentor to CEOs including Brian Chesky at Airbnb, Drew Houston at Dropbox, and Ben Silbermann at Pinterest. We’re honored to have him among our small group of world-class executives and collaborators whose time and expertise help power our network of founders at Village Global.When we asked John to deliver a Masterclass to 12 diverse and determined founders in our portfolio, John gladly invited us all to the ServiceNow HQ where he riffed on topics of leadership, culture building, talent development, and how to grow as a CEO in the tech industry.He shared advice on when to hire ahead, invest in and train, or replace personnel on your team and gave insight into his most common piece of advice on professional growth when advising CEOs. John also did an in-depth demonstration of how to let someone go with dignity and grace.Quotes From This Episode"When you talk about priorities at an aspirational level, they overlap a lot. People start realizing we're more similar than we're dissimilar." — John"Adversity never feels fun. I don't seek adversity. But I'm no longer scared of adversity. When it emerges, instead of trying to run from it, I now accept that it is a reality and I say, 'well, at least I'm going to learn and grow.'" — John"My experience has been that around any issue that involves change, you have roughly 20-25% of people who want to be part of it, no matter what the topic is, you have 25-30% of people who want to fight it, and you have the 50% of people in the middle saying 'which side is going to win?'" — John"[When someone is let go] The fear is humiliation usually. That's almost a bigger fear than actually leaving the company." — John"We're never as good or as bad as labels make us out to be." — John"I would say in general, for every 10 hours of business development conversations, 8 of them are a waste." — John"I do gratitude practice driving into work every morning. It's proven in brain science that your brain becomes more negative over time. But it's also been proven in brain science that you can counteract that." — John"The older I get, the more I've made friends with uncertainty. I don't avoid uncertainty. Uncertainty is as present to me today as it was before but I'm a little more comfortable with it today." — JohnThanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg. Colin Campbell is our audio engineer and the show is produced by Brett Bolkowy.

Venture Stories
Live Episode: Lessons on Leadership and Being a Better CEO with John Donahoe and Ben Casnocha

Venture Stories

Play Episode Listen Later Mar 14, 2019 54:37


We were thrilled to host a Masterclass roundtable session with our founders and John Donahoe (@Donahoe_John), CEO of ServiceNow. Prior to ServiceNow, John was CEO of eBay for more than seven years. He is known as one of the most inspirational leaders in Silicon Valley and is a highly sought-after mentor to CEOs including Brian Chesky at Airbnb, Drew Houston at Dropbox, and Ben Silbermann at Pinterest. We’re honored to have him among our small group of world-class executives and collaborators whose time and expertise help power our network of founders at Village Global.When we asked John to deliver a Masterclass to 12 diverse and determined founders in our portfolio, John gladly invited us all to the ServiceNow HQ where he riffed on topics of leadership, culture building, talent development, and how to grow as a CEO in the tech industry.He shared advice on when to hire ahead, invest in and train, or replace personnel on your team and gave insight into his most common piece of advice on professional growth when advising CEOs. John also did an in-depth demonstration of how to let someone go with dignity and grace.Quotes From This Episode"When you talk about priorities at an aspirational level, they overlap a lot. People start realizing we're more similar than we're dissimilar." — John"Adversity never feels fun. I don't seek adversity. But I'm no longer scared of adversity. When it emerges, instead of trying to run from it, I now accept that it is a reality and I say, 'well, at least I'm going to learn and grow.'" — John"My experience has been that around any issue that involves change, you have roughly 20-25% of people who want to be part of it, no matter what the topic is, you have 25-30% of people who want to fight it, and you have the 50% of people in the middle saying 'which side is going to win?'" — John"[When someone is let go] The fear is humiliation usually. That's almost a bigger fear than actually leaving the company." — John"We're never as good or as bad as labels make us out to be." — John"I would say in general, for every 10 hours of business development conversations, 8 of them are a waste." — John"I do gratitude practice driving into work every morning. It's proven in brain science that your brain becomes more negative over time. But it's also been proven in brain science that you can counteract that." — John"The older I get, the more I've made friends with uncertainty. I don't avoid uncertainty. Uncertainty is as present to me today as it was before but I'm a little more comfortable with it today." — JohnThanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg. Colin Campbell is our audio engineer and the show is produced by Brett Bolkowy.

Forward Thinking
How can business leaders can make the new world of work better for people?

Forward Thinking

Play Episode Listen Later May 16, 2018 28:58


Read more > Listen to the podcast (duration: 28:53) > We speak with two leaders on the forefront of applying AI techniques such as automation and machine learning in the business world. How can CEOs stay ahead of the curve in training and developing their workforce for using this technology? Since companies are doing the hiring and creating the jobs, what role do they play in talent and development? How should companies think about hiring as work changes? John Donahoe, CEO of ServiceNow, and Jeff Weiner, CEO of LinkedIn, tackle the tough questions facing companies today.See www.mckinsey.com/privacy-policy for privacy information

Forward Thinking
How can business leaders can make the new world of work better for people?

Forward Thinking

Play Episode Listen Later May 16, 2018 28:53


We speak with two leaders on the forefront of applying AI techniques such as automation and machine learning in the business world. How can CEOs stay ahead of the curve in training and developing their workforce for using this technology? Since companies are doing the hiring and creating the jobs, what role do they play in talent and development? How should companies think about hiring as work changes? John Donahoe, CEO of ServiceNow, and Jeff Weiner, CEO of LinkedIn, tackle the tough questions facing companies today. Read more > Listen to the podcast (duration: 28:53) >

When to Jump
John Donahoe: a series of small leaps

When to Jump

Play Episode Listen Later Dec 25, 2017 31:13


Not every jump is dramatic — sometimes, it's a matter of taking a series of smaller leaps to get you to where you want to go. John Donahoe has been the CEO of Bain & Company, eBay, and now, the cloud company ServiceNow, but he's never been afraid to re-pot. Purchase the When To Jump book here This week's episode is brought to you by Platejoy (Platejoy.com, offer code WHENTOJUMP) and Johns Hopkins Bloomberg School of Public Health. (JHSPH.edu/feelgood)

Minutes on Mastery
Former eBay CEO John Donahoe - Valuing Culture Over Talent

Minutes on Mastery

Play Episode Listen Later Nov 4, 2016 5:24


This former eBay CEO John Donahoe - on the Finding Mastery podcast with Michael Gervais - discussing how he balances talent and culture within an organization. He believes it’s possible to get key people to “buy in” and align the team’s goals with their own, even if they haven’t shown that ability in the past. Full podcast available at http://www.findingmastery.net/john-donahoe

Minutes on Mastery
John Donahoe - Embracing Adversity + Finding Your Calling

Minutes on Mastery

Play Episode Listen Later Jun 23, 2016 1:54


John Donahoe discusses why facing adversity is imperative to growth and why each of our jobs is to figure out, "what is right for me?"

Finding Mastery
John Donahoe: eBay, PayPal, Bain... Leadership

Finding Mastery

Play Episode Listen Later Mar 2, 2016 59:39


John Donahoe served as president and chief executive officer of eBay Inc. from 2008-2015. In this role, he was responsible for growing each of the company's business units, which included eBay Marketplaces, PayPal and Skype. In this episode: -Notion of servant leadership -Being a purpose driven leader -Growing from adversity -Figuring out what’s right for you -The right fit – team ethos -Facing down fear -How success in team sports and business aren’t so different -Emulating his father -Balancing his professional and personal life -Qualities of those who sustain success over time -The importance of grit -The constant process of understanding who he is -Meditation and why “Buddha Nature” is important to him

WorldAffairs
Awards Dinner 2014 - Honoring John Donahoe, President and CEO of eBay

WorldAffairs

Play Episode Listen Later Oct 28, 2014 32:54


The World Affairs Council and its Global Philanthropy Forum recognizes eBay and PayPal CEO John Donahoe and the company he leads for its commitment to creating economic opportunity and fostering an inclusive global economy, including its pioneering role in creating the peer-to-peer economy. The evening celebrates and gathers entrepreneurs and innovators who are further advancing this movement worldwide.eBay and Paypal are global commerce platforms whose success is tied to their purpose – connecting more people with more opportunity while making a positive social impact. A Bay Area innovation with global reach, eBay and PayPal helped spark a movement. Today the continuously evolving peer-to-peer economy enables individuals to participate in local and global economies, without the requirements of start-up capital or proximity to physical markets. A new entrepreneurial class is being built. Where there was a will, there is now a way.Speaker John Donahoe is the President and CEO of eBay, Inc.The conversation is moderated by Jane Wales, President and CEO of the World Affairs Council.For more information about this event please visit: http://www.worldaffairs.org/event-calendar/event/1365

HBR IdeaCast
eBay’s CEO on Growth, Acquisitions, and Going Mobile

HBR IdeaCast

Play Episode Listen Later Jan 21, 2011 16:31


Knowledge@Wharton
For New CEO John Donahoe 'It's eBay's Game to Lose'

Knowledge@Wharton

Play Episode Listen Later Feb 6, 2008 12:26


On January 29 online auctioneer eBay unveiled plans to revamp the fees it charges sellers reduce fraud and increase the volume of transactions. It's the first move by CEO-elect John Donahoe who will take over the reins of eBay on March 31 in the wake of long-time CEO Meg Whitman's announcement that she plans to step down. Donahoe's mission is to reinvigorate a company that remains dominant in online auctions but is vulnerable to increased competition from both large and small rivals. Wharton faculty and others offer Donahoe a game plan for moving forward. See acast.com/privacy for privacy and opt-out information.