Podcast appearances and mentions of ralph lauren corporation

This episode explores:Expanding remits for supply chain leaders and the value they deliver. (1:17)How organizational structure underpins these new remits, and Ralph Lauren's philosophy on this structure. (5:08)Talent opportunities borne from expanded remits for supply chain talent and leadership. (8:35)Technology's role in expanding supply chain's remit. (11:44)Actionable advice for supply chain leaders of tomorrow. (16:33)Supply Chain Podcast host Thomas O'Connor discusses the evolving role supply chain leaders play in their businesses with Halide Alagöz, chief product and merchandising officer (including supply chain) for Ralph Lauren. They explore Halide's unique career path and role at Ralph Lauren offer insight into changing expectations and growth opportunities for supply chain leaders, as well as how Ralph Lauren's organizational approaches to talent and technology helped uncover them. Thomas and Halide close the show with recommendations for supply chain leaders of the future, and how they can use these lesions to evolve.Gartner clients interested in finding out more about this topic can access the following: Supply Chain Executive Report: Radically Rethinking ReorganizationExecutive FastStart™ for CSCOs: How to Build Relationships and Personal BrandAbout the GuestHalide Alagöz is the Chief Product and Merchandising Officer of Ralph Lauren Corporation. She is responsible for the end-to-end product life cycle as leader of the company's Polo, RRL and Lauren brand teams and the Brand Image and Purple Label Merchandising teams. Halide additionally drives innovation and execution – from development through sourcing – of all products across the Ralph Lauren portfolio.Prior to joining Ralph Lauren, Halide was with H&M Corporation for 18 years, most recently in Hong Kong as the Head of Purchasing. During her tenure with H&M, Halide was responsible for various regional and global supply chain operations in Hong Kong, China, Bangladesh, and in her native country, Turkey.Halide also serves on the board of directors of the American Apparel & Footwear Association since April 2018 and was confirmed as its vice chair for its 2024-2025 term in March 2024. Halide earned both her bachelor's degree in industrial engineering and her master's degree in engineering management from Istanbul Technical University.

In today's episode of THE MENTORS RADIO, Host Dan Hesse talks with Hubert Joly, a member of the faculty of the Harvard Business School and the former Chairman and CEO of Best Buy. At Harvard, Professor Joly is the co-leader of the Chief Executive Leadership Programs, a portfolio of programs intended to support the growth of CEOs and senior executives of the world's foremost corporations at a time of unprecedented challenges. He is also a member of the board of directors of Johnson & Johnson and Ralph Lauren Corporation, and he's a Trustee of the New York Public Library. Hubert has been recognized as one of the top 100 CEOs in the world by the Harvard Business Review, one of the Top 30 CEOs in the world by Barron's, one of the Top 10 CEOs in the U.S. by Glassdoor, and one of the Top 50 Management Thinkers in the world by Thinkers50.  He is the author of the best-selling book “The Heart of Business – Leadership Principles for the Next Era of Capitalism.” Listen to THE MENTORS RADIO podcast anywhere, any time, on any platform, just click here! SHOW NOTES: HUBERT JOLY: BIO: https://www.hubertjoly.org/about/ BOOK: The Heart of Business: Leadership Principles for the Next Era of Capitalism, by Hubert Joly ARTICLES: Harvard Business Review: A series of articles by Hubert Joly — EXCELLENT!! -The Mentors Radio Hubert Joly: Pursue a Noble Purpose — a HOW conversation on YouTube Steering Through the Business Storm: Leadership Lessons from Best Buy's Former CEO, Hubert Joly — HEC Paris — EXCELLENT! - The Mentors Radio WEBSITE: https://www.hubertjoly.org/

This email contains an analysis of the latest financial reporting from Polo Ralph Lauren - RL. The earnings report is for Q4 2024, and it was shared on an earnings call on May 23, 2024.Company Report & OutlookDuring the earnings call, Ralph Lauren Corporation reported on comp sales (comparable store sales), highlighting the following information:* The company achieved strong direct-to-consumer (DTC) comparable growth, marked by mid-single-digit increases in both brick-and-mortar stores and digital channels.* This growth in comps was supported by the opening of 78 new stores and concessions, primarily in key city ecosystems with a focus on Asia.AnalysisCurrent State of Polo Ralph Lauren:* Strong Performance in FY 2024:* Polo Ralph Lauren closed FY 2024 with solid performance, exceeding expectations in top-line growth and operating margin expansion.* The company delivered 3% top line growth with 40 basis points of operating margin expansion, driving over 20% adjusted EPS growth.* Key drivers of this performance include increased brand desirability, leveraging their lifestyle product portfolio, and continuing the shift toward direct-to-consumer (DTC) channels.* Brand Desirability and Market Reach:* The brand has maintained its appeal across a broad demographic, including younger consumers under 35, with a focus on high-quality, timeless products.* Notable marketing campaigns and collaborations, such as partnerships with the Australian Open, e-sports, and high-profile celebrity endorsements, have significantly extended the brand's reach and engagement.* The company added over 5 million new consumers to its DTC channels and saw a low-double-digit increase in social media followers.* Regional Performance:* Asia led the growth, particularly China, showing double-digit sales increases.* Europe and North America also performed well, with Europe seeing strong brand positioning despite macroeconomic challenges.* Strategic actions in North America wholesale have led to better alignment with retail trends and healthier inventory levels.Future Outlook and Strategic Initiatives:* Continued Brand Elevation:* Ralph Lauren will continue to focus on elevating brand heat and desirability through storytelling, product offerings, and enhancing consumer experiences.* Upcoming events like the Olympics and other sporting partnerships are expected to sustain momentum.* Direct-to-Consumer Focus:* The shift towards DTC channels will remain a key strategic priority, with continued investments in brick-and-mortar stores and digital platforms.* DTC growth is expected to lead in fiscal 2025, with improvements in both physical stores and online.* Geographic Expansion and Ecosystem Development:* Asia, particularly China, will continue to be a primary growth driver, with disciplined expansion in key cities.* Europe will see normalized growth, with systematic investments and an emphasis on flagship stores driving DTC growth despite broader economic headwinds.* Operational Excellence and Efficiencies:* The company will continue to leverage advanced analytics and technology for inventory management and consumer insights.* Investments in a global ERP system and enhanced logistic systems are part of the long-term strategy to drive efficiencies.* Financial Targets and Capital Allocation:* The company remains on track to achieve its long-term financial targets, including a 15% operating margin.* Continued capital returns to shareholders, with a focus on dividends and share repurchases, are anticipated, alongside significant investments in strategic projects.GuidanceSpecific Guidance Given by Polo Ralph Lauren LeadershipDuring Polo Ralph Lauren's Q4 2024 earnings call, the leadership team provided specific guidance and forward-looking statements for the upcoming fiscal year, FY 2025. Below are the key points from their guidance:* Revenue Growth:* Overall Revenue: The company expects constant-currency revenues to increase by low-single digits, centering around 2% to 3%.* Region-Specific Performance:* Asia: Expected to lead growth, up high-single digits.* China: Mentioned as a key growth driver within Asia.* Europe: Projected to grow at approximately low-single digits.* North America: Forecasted to grow slightly.* Operating Margin:* Expansion: The company aims for an operating margin expansion of 100 to 120 basis points, targeting an overall margin of 13.5% to 13.7% in constant currency.* Long-term Target: They remain on track to achieve their long-term target of a 15% operating margin in constant currency by FY 2025.* Gross Margin:* Expected Expansion: Guidance indicates a gross margin expansion of 50 to 100 basis points, driven by favorable cotton costs, improvements in product mix, and geographic and channel mix changes.* Headwinds: Acknowledged potential headwinds including Red Sea freight disruptions, FX challenges, incremental labor costs, and inflationary pressures in non-cotton materials.* Direct-to-Consumer (DTC) Channels:* Growth: Anticipated to lead overall company growth with healthy increases in both brick-and-mortar and digital channels.* Strategic Focus: Continued shift towards DTC channels, which now represent about two-thirds of the total business.* Wholesale Channel:* North America Wholesale: Expected to decline, but at a more moderate pace than in FY 2024, aligning more closely with sell-out trends. Estimated declines in North America wholesale are in the low to mid-single-digit range.* Europe Wholesale: Projected growth in the low single-digit range, with some quarterly volatility expected due to shipment timings.* Capital Expenditures:* Investments: Planned CapEx is in the range of $300 million to $325 million, focused on multiyear systems implementations such as a single global ERP, integrated business planning tools, and enhanced logistics automation.* Marketing Expenses:* Q1 Focus: Expected to represent a meaningful growth in marketing expenses, up double-digits, particularly due to one-time events such as the fashion show.* Full Year: Aligning with fiscal 2024 as a proxy with increased spending in the second quarter for the Olympics.* Inventory Management:* Strategic Approach: Continued emphasis on disciplined inventory management with a predictive buying model expanding to cover 25% of international DTC businesses.* Tax Rate:* Estimation: The anticipated tax rate is in the range of 23% to 24% for the full year and roughly 24% to 25% for Q1.* Financial Position:* Shareholder Returns: Commitment to returning approximately $2 billion to shareholders through fiscal 2025, with $600 million already returned in FY 2024 and a 10% increase in the quarterly dividend announced for FY 2025.ConclusionPolo Ralph Lauren's leadership presented detailed guidance for FY 2025, focusing on continued top-line growth driven by DTC channels, strategic regional performance, operating and gross margin expansion, and disciplined inventory and cost management. The company remains confident in achieving its long-term targets despite macroeconomic challenges.Change Since Last QuarterWe do not have the data to compare this earnings call with the previous periodAnalyst ResponseAnalysisBusiness Guidance and Strategy:* Fiscal 2025 Targets and Global Environment:* Jay Sole (UBS) asked about the company's ability to meet fiscal 2025 targets despite a tough global environment, with specific interest in the fiscal ‘24 top-line growth and operating margin expansion targets.* He also inquired about the expectations for direct-to-consumer (DTC) channel growth versus wholesale channel growth.North America Performance:* Wholesale and DTC Outlook:* Dana Telsey (Telsey Advisory Group) asked about the outlook for North America outside of wholesale, including growth and margin opportunities, and whether the overall 15% operating margin target is achievable even if the wholesale channel remains weak.* Average Unit Retail (AUR) Growth:* Dana also inquired about the progression of AUR growth for the forthcoming year.Brand Positioning and Consumer Acquisition:* Brand Elevation and New Customer Acquisition:* Matthew Boss (JPMorgan) asked about the current brand positioning versus ultimate goals in the US and Europe. He also sought elaboration on new customer acquisition trends, especially in DTC channels.Channel and Segment Performance:* AUR and Unit Trends in North America Wholesale:* Michael Binetti (Evercore ISI) asked about AUR versus units in the North America wholesale channel and how this ties into guidance for fiscal 2025.* DTC Growth Composition:* He also asked how much of the North America DTC growth would come from full-price channels compared to outlet channels.Gross Margins and Consumer Trends:* Gross Margin Dynamics:* Ashley Helgans (Jefferies) inquired about the drivers behind the gross margin expectations for Q1 versus the full fiscal year.* Younger Consumer Traction:* Ashley also asked for updates on traction with younger consumers.Segment-Specific Performance:* DTC and Wholesale in Europe:* John Kernan (TD Cowen) asked about the breakdown of DTC versus wholesale performance in Europe and expectations given the challenging macro environment.* China Performance:* Laurent Vasilescu (BNP Paribas) asked about current trends and expectations for performance in China, particularly with fiscal 2025 high-single-digit growth expectations led by China.Marketing Expenses:* Marketing as Percentage of Sales:* Laurent Vasilescu also asked about the expected marketing expenses as a percentage of sales for fiscal ‘25, with a focus on the first quarter.These topics provide insight into the areas analysts are keenly monitoring, including company guidance, regional performance, channel dynamics, brand positioning, and specific financial metrics like AUR and gross margins.Key ThemesHere are the key terms and phrases used by Polo Ralph Lauren executives in the earnings call:* "brand elevation and brand heat" - Referring to driving desirability and awareness of the Ralph Lauren brand* "pivot to DTC" - Emphasizing the shift towards direct-to-consumer channels like stores and e-commerce* "brand positioning" and "brand consideration, purchase intent, and net promoter scores" - Discussing metrics around how the brand is perceived by consumers* "new consumer recruiting" and "targeting younger generation" - Efforts to attract new, younger customers to the brand* "core products" and "icons" - Key classic styles and bestsellers that make up a large portion of the business* "key cities" and "consumer ecosystem" - Focused strategies around developing the brand in major metropolitan markets globally* "five key enablers" - Critical operational capabilities like digital technology, data analytics, and sustainability* "operating discipline" and "agility" - Emphasizing the company's execution capabilities* "macro headwinds" and "consumer spending-related challenges" - Acknowledging broader economic uncertainties* "AUR growth" (average unit retail) and "channel and geographic mix" - Drivers of gross margin expansion* "North America wholesale" and "moderating declines" - Addressing challenges in the wholesale channelOverall, the executives highlighted the brand's global momentum, strategic pivot towards direct-to-consumer, focus on core iconic products, and operational discipline as key factors supporting the company's performance and outlook.Financial Reporting SummaryHere are the financial highlights from Ralph Lauren Corporation's latest earnings call:Full Year Fiscal 2024 Performance* Revenue Growth: 3%* Operating Margin Expansion: 40 basis points* Adjusted EPS Growth: Over 20%* Dividends and Share Repurchases: Approximately $600 million returned to shareholders* Quarterly Dividend Increase: 10% for fiscal 2025Fourth Quarter Fiscal 2024 Performance* Revenue Growth: 3%* Gross Margin: Expanded 510 basis points* Operating Margin: Expanded 410 basis points* Comps: Increased 6% overall* Total Company Adjusted Gross Margin: Expanded 210 basis points for the full year* Total Company Adjusted Gross Margin: Expanded 510 basis points in Q4* Adjusted Operating Expenses: Grew 5%, constituting 57.9% of sales (up 90 basis points)Segment Performance in Q4* North America* Revenue Growth: 2%* Retail Comps: Increased 3%* Wholesale: Declined 2%* Europe* Revenue Increase: Slight* Retail Comps: Up 12%* Wholesale: Declined 8%* Asia* Revenue Increase: 7%* Retail Comps: Up 6%* China Sales: Increased low double digitsToward Q1 and Full Year Fiscal 2025 Outlook* Expected Revenue Growth: Low-single digits, centering around 2% to 3%* Expected Gross Margin Expansion: 50 basis points to 100 basis points* Expected Operating Margin Expansion: 100 basis points to 120 basis points (targeting 13.5% to 13.7%)* Expected Capital Expenditures: $300 million to $325 million* Anticipated Tax Rate: 23% to 24% for the full year, 24% to 25% for Q1Further Financial Details* Full Year Free Cash Flow: Over $900 million generated* Year-End Cash and Short-term Investments: $1.8 billion* Total Debt: $1.1 billion* Net Inventory: 14% lower than last yearThese bullet points summarize key financial performance metrics and guidance provided during the earnings call. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit theearningscall.substack.com

Ken Pilot interviews Denise Incandela for this flight of The Retail Pilot. Denise Incandela is Executive Vice President of Fashion and Private Brands for Walmart U.S. In this role, Denise is propelling Walmart's reputation as a fashion destination, helping democratize access to stylish, quality apparel for Walmart's 140 million weekly shoppers.Before joining Walmart, Denise rose through the fashion industry ranks with roles as CEO of Aerosoles, President of Global Digital and Customer Experience for the Ralph Lauren Corporation and before that, EVP and CMO of Saks Fifth Avenue. Denise started her post MBA career at McKinsey & Company, where she was a leader of its retail practice.Denise is a visionary retail executive and experienced public company board director who has transformed luxury brands and mass retailers for over 20 years, and she is renowned across the industry for her innovation and vision, team leadership and ability to drive results.Key takeaways from this podcast interview include:1.    Transformational Leadership: Denise Incandela's career trajectory reflects a commitment to transformational leadership. From her beginnings in investment banking and management consulting to her roles at Saks, Ralph Lauren, and Walmart, she has consistently sought opportunities to drive change and innovation within the retail industry.2.    Early Adoption of E-commerce: Denise's entry into the retail industry was marked by the nascent stage of e-commerce. Her pivotal role in launching Saks' e-commerce business in 1999 highlights her foresight and willingness to embrace new technologies and trends, even when they were not widely accepted.3.    Shift from Luxury to Mass Market: Denise's transition from luxury brands like Saks and Ralph Lauren to Walmart represents a significant shift in focus and target demographics. Despite the apparent disparity between luxury and mass-market retail, Denise saw an opportunity to leverage her expertise and drive transformation within Walmart's fashion segment.4.    Building Strong Private Brands: Walmart's focus on developing private brands with distinct identities and market appeal is evident. Denise highlights the importance of building robust design teams and investing in brand development to create cohesive, desirable offerings exclusive to Walmart.5.    Innovative Online Experience: Walmart's efforts to enhance the online shopping experience, particularly in the fashion segment, showcase a commitment to innovation. Features such as virtual try-on and social commerce initiatives demonstrate Walmart's willingness to embrace emerging technologies and adapt to evolving consumer preferences.6.    Transformational Focus: Walmart is heavily focused on transformation, particularly in the fashion sector. They recognize the need to evolve beyond their dominant apparel business and explore new opportunities to grow.7.    Marketing Evolution: The company acknowledges the changing landscape of consumer behavior and the importance of adapting marketing strategies accordingly. This includes leveraging technology and online platforms to reach consumers where they are.8.    Marketplace Strategy: Walmart places significant emphasis on its marketplace strategy, which allows third-party sellers to offer products on its platform. This approach enables Walmart to expand its assortment without the need for additional inventory, contributing to growth and customer satisfaction.9.    Store Reinvention: Walmart is actively reinventing its physical stores to enhance the fashion shopping experience. This involves overhauling assortments, improving visual displays, incorporating digital elements, and creating brand-focused environments to change consumer perception and drive sales.10. Team Collaboration and Leadership: The success of Walmart's fashion transformation relies heavily on teamwork, leadership, and collaboration. Denise Incandela emphasizes the importance of building relationships, influencing others, and fostering a talented team to drive the company's vision forward. She also highlights the need for continuous innovation and addressing internal challenges to sustain momentum and achieve long-term goals.

In today's episode I spoke with the Honorable Valerie Jarrett, CEO and board of directors member of the Barack Obama Foundation. We discuss her life, her leadership, and her 2019 memoire "Finding my Voice: My Journey to the West Wing and the Path Forward." She is a Senior Distinguished Fellow at The University of Chicago Law School. She serves as Board Chairman of Civic Nation. Jarrett also serves on the boards of Walgreens Boot Alliance, Inc., Ralph Lauren Corporation, Sweetgreen, Inc., Ariel Investments, The University of Chicago, Sesame Street Workshop and The Economic Club of Chicago. Jarrett also serves on the Goldman Sachs One Million Black Women Advisory Board, the Bank of America Enterprise Executive Development Council, and the Microsoft Advisory Council. Ms. Jarrett was the Senior Advisor to President Barack Obama from 2009-2017, making her the longest serving senior advisor to a president in history. She oversaw the Offices of Public Engagement and Intergovernmental Affairs and Chaired the White House Council on Women and Girls.  Ms. Jarrett has a background in both the public and private sectors. She served as the Chief Executive Officer of The Habitat Company in Chicago, the Commissioner of Planning and Development for the city of Chicago, Deputy Chief of Staff for Chicago Mayor Richard M. Daley and she practiced law for ten years in the private and public sector. She also previously served as the director of numerous corporate and not-for-profit boards including leadership roles as Chairman of the Board of the Chicago Stock Exchange, Chairman of the University of Chicago Medical Center Board of Trustees, Vice Chairman of the University of Chicago Board of Trustees, Director of the Federal Reserve Bank of Chicago and Chair of Chicago Transit Board.  Ms. Jarrett has also received numerous awards and honorary degrees, including TIME's “100 Most Influential People” Award. Jarrett received her B.A. from Stanford University in 1978 and her J.D. from the University of Michigan Law School in 1981.

Ralph Lauren Corporation, Q2 2024 Earnings Call, Nov 08, 2023

Happy Thanksgiving! We want to kick off the most wonderful time of the year with some of our most wonderful friends. Meghan celebrates Friendsgiving with Kat Timpf and Seena Ghaznavi where they laugh about turkey, traditions, and trauma. Then, Sean Walsh talks about his Thanksgiving traditions as an Aussie living in the U.S.

Appalled and terrified by the surge of antisemitism across the country, Meghan is joined by Noa Tishby and Ethan Bearman. They talk about what is happening on college campuses and major cities with all the pro-Hamas demonstrations as well as how the Jewish community can be supported during these dark times.

Meghan is so excited to interview her first 2024 Presidential Candidate, Governor of North Dakota, Doug Burgum! They discuss the ongoing issues with the RNC and Tuesday night's election results. Then, Sarah Elliott shares her unique perspective as an American living in the UK. Finally, Jason Rantz shares his experiences living with this new surge of antisemitism while living in one of the country's most fringe-left wing cities.

Meghan blends traditional journalism with new media by talking with two trailblazers. First, she talks with iconic political reporter Susan Page about her career that spans seven White House administrations. Then, a rising star in the field, already making a name for himself on TikTok covering politics is Link Lauren. He tells us about his exciting boots on the ground experience covering the 2024 election and how he knew the Pence campaign would flop... a month before they dropped.

HUBERT JOLY is the former Chairman and Chief Executive Officer of Best Buy and is now a senior lecturer at Harvard Business School. He is also a member of the board of directors of Johnson & Johnson and Ralph Lauren Corporation, a member of the International Advisory Board of HEC Paris, and a Trustee of the Minneapolis Institute of Art. Joly has been recognized as one of the top 100 CEOs in the world by the Harvard Business Review, one of the top 30 CEOs in the world by Barron's and one of the top 10 CEOs in the U.S. by Glassdoor.Quotes:Marcel asks Hubert what he believes business is about. “At the heart of business... is the pursuit of a noble purpose, putting people at the center, embracing all stakeholders, and treating profit as an outcome, not the goal,”[3:12] Hubert responds. “There are three imperatives to an organization and tackling them in the correct sequence leads to optimal outcomes: a people imperative - having the right teams properly motivated and equipped; a business imperative - having happy customers who you sell good products to; and a financial imperative - about profit. [10:05]” Hubert shares how financial results have to be the end focus. First, you have to start with people; when you do this, the financial results will come. “The old model of leadership portrayed a leader as a superhero here to save the day, probably the smartest person in the room, and, unfortunately, too driven by power, fame, money or glory,” Hubert claims. “This [type of leadership] doesn't work... [people] want to be part of the journey and the solution.” [16:55] Hubert debunks the concept of perfectionism as a key to success; he shares how demonstrating his imperfection actually helped create the right environment for optimal performance at work. “Operational progress creates routine degrees of freedom, so sometimes you have to start with the basics before you think about creating an amazing future,'' [35:47] Hubert advises. He describes the five ingredients for creating a fabulous work environment, which are: connecting dreams, developing authentic human connections, fostering autonomy, achieving mastery, and putting the wind at your back. “Work is love made visible... Business is about embracing all stakeholders… This is a beautiful friendship you're building with all stakeholders, treating all of them, in a sense, as customers.” [50:30] Hubert shares how he thinks leaders love in a practical way, day in and day out.Mentioned in this episode:Hubert JolyMarcel Schwantes

Hubert Joly is a Harvard Business School senior lecturer and the former Chairman and Chief Executive Officer of Best Buy. He is also a director of Johnson & Johnson and Ralph Lauren Corporation, an HEC Paris' International Advisory Board member, and a trustee of the New York Public Library and the Minneapolis Institute of Art. What are Hubert's thoughts on the difference in leadership throughout time? Are leaders of today much better than the way it was? Tune in and listen as Hubert and I dive into one of the biggest debates in human resources, leadership insights, and why optimism is crucial in this ever-changing world! --------------------- This episode is sponsored by Namely, the all in-one HR solution that makes life easier for your employees, your boss and you! Get a Free Month of unlimited access at Namely.com/FOW today! ------------------ Get ad-free listening, early access to new episodes and bonus episodes with the subscription version of the show The Future of Work Plus. To start it will only be available on Apple Podcasts and it will cost $4.99/month or $49.99/year, which is the equivalent to the cost of a cup of coffee.  ________________ Over the last 15 years, I've had the privilege of speaking and working with some of the world's top leaders. Here are 15 of the best leadership lessons that I learned from the CEOs of organizations like Netflix, Honeywell, Volvo, Best Buy, The Home Depot, and others. I hope they inspire you and give you things you can try in your work and life. Get the PDF here. --------------------- Get the latest insights on the Future of Work, Leadership and employee experience through my daily newsletter at futureofworknewsletter.com  Let's connect on social! Linkedin: http://www.linkedin.com/in/jacobmorgan8 Instagram: https://instagram.com/jacobmorgan8 Twitter: http://www.twitter.com/jacobm Facebook: https://www.facebook.com/FuturistJacob

Yen Chu is the Chief Legal Officer of Equinox, an integrated fitness, wellness, and hospitality company. In this role, Yen oversees legal, ESG, government affairs, and community relations. She has led Equinox's growth with the launches of new ventures and businesses, including the first Equinox Hotels, and is the Executive Sponsor for its Equality + Belonging Leadership Council.  Yen is a graduate of Columbia Law School and a member of the Board of Directors of the Columbia Law School Association and the nonprofit DirectWomen. Prior to joining Equinox, she spent 11 years in leadership roles at the Ralph Lauren Corporation, working closely with the Board of Directors and executive team. Yen began her legal career as a corporate attorney at Simpson Thacher & Bartlett, where she spent nearly a decade executing complex corporate transactions for private equity firms, investment banks, and public and private companies. As an executive leader with 25 years of experience, Yen understands the importance of using your voice to uplift others, taking a stand on ESG issues, and admitting what you don't know. In addition to these principles, Yen has built her career using a growth mindset, and she's always looking to expand her knowledge and learn from others. In this episode… Over the past two decades, the role of in-house and general counsel lawyers has evolved. These positions are no longer perceived as cushy nine-to-five jobs and are now more focused on environmental, social, and governance (ESG) initiatives within a company. This shift has only become more dramatic over the last two years, with social upheaval and a global crisis altering the way organizations operate. So, what makes an effective general counsel today? According to Yen Chu, in-house attorneys have to be prepared to pivot, give a voice to the underrepresented, and learn from those who are different from them. Most importantly, Yen advises leaders and lawyers alike to execute with kindness and always remember the human aspect of their jobs. The recent global pandemic, social and political upheaval, and economic instability have affected so many lives — it's imperative that we focus on the humanity of our actions, not just the results. In this episode of The Lawyer's Edge Podcast, Elise Holtzman talks with Yen Chu, Chief Legal Officer of Equinox, about succeeding as an in-house lawyer and leader in today's climate. Yen discusses the importance of creating a diverse and inclusive space, the key to thriving outside of your comfort zone, and how to drive growth and social change through continuous learning.

HUBERT JOLY is the former Chairman and Chief Executive Officer of Best Buy and is now a senior lecturer at Harvard Business School. He is also a member of the board of directors of Johnson & Johnson and Ralph Lauren Corporation, a member of the International Advisory Board of HEC Paris, and a Trustee of the Minneapolis Institute of Art. Joly has been recognized as one of the top 100 CEOs in the world by the Harvard Business Review, one of the top 30 CEOs in the world by Barron's and one of the top 10 CEOs in the U.S. by Glassdoor. www.hubertjoly.com

Do you suffer from 'Compare and Despair Syndrome'?  Well, give up that nasty habit. Confidence coach Pauline Cheung is back to talk about five common comparison traps, and how you can work to free yourself from them. We also talk about how different people perceive courage, and courageous public acts and the subsequent consequences, as we saw played out during the  Olympics, when gymnast Simone Biles pressed pause during  the competition.We take a look at the benefits of growing organizations that make room for a variety of backgrounds, ideas and lifestyles, as well as thoughts on how we're doing with inclusion in those organizations.If we teach what we need to learn, Pauline Cheung learned confidence the hard way. As one of the few Asians in a predominantly white town in England, she felt like an outsider, and not free to be herself.  Her college experience introduced her to a world where she found more acceptance, and people who also looked like her.Through hard work, curiosity and risk taking, Pauline worked as  an international executive working directly with C-suite and senior level executives at leading Fortune 500 companies, including The Walt Disney Company and Ralph Lauren Corporation, in the areas of strategy, marketing and business development.  She now supports professional women to develop the mindset and the skillset to trust their own voice and create professional and personal success,  without conceding to people-pleasing and perfectionism.https://paulinecheungcoaching.comhttps://www.linkedin.com/company/pauline-cheung-coaching

Welcome to the What's Next! podcast with Tiffani Bova. This week I am absolutely thrilled to welcome Hubert Joly to the What's Next! Podcast. Hubert is the former Chairman and Chief Executive of Best Buy and is now a Senior Lecturer at Harvard Business School. He is also a member of the Board of Directors of Johnson and Johnson and the Ralph Lauren  Corporation, a member of the International Advisory Board of HEC Paris, and a trustee of the Minneapolis Institute of Art. He has been recognized as one of the top 100 CEOs in the world by Harvard Business Review, one of the top 30 CEOs in the world by Barron's, and one of the top 10 CEOs in the US by Glassdoor. I am beyond excited to bring you this episode of the What's Next! Podcast from my Live chat with Hubert Joly.   THIS EPISODE IS PERFECT FOR… Leaders seeking to abandon old paradigms and eager to lead with purpose and humanity.   TODAY'S MAIN MESSAGE… Hubert is on a mission to reinvent capitalism to contribute to a sustainable future. In this episode, he shares The Heart of Business and his own perspective on the meaning of work, while also diving into how you can unleash “human magic” to achieve improbable results. Throughout our lives we have been programmed to confuse performance–or progress–with perfection. Hubert is trying to reframe that for us so that you can start to look instead for meaning and purpose in your work, and allow yourself help from your community.   WHAT  I  LOVE  MOST… Hubert's heart for people in and outside of business and his mission to build a better, more sustainable future.   Running time: 32:46   Subscribe on iTunes   Watch the episode on YouTube here: https://www.youtube.com/watch?v=__n9AtvDyTQ   Find Tiffani on social: Facebook Twitter LinkedIn   Find Hubert online: Twitter LinkedIn Hubert's Website The Heart of Business Book

#BusinessTransformation #DigitalTransformationHow can a large organization apply purpose-driven principles to create meaningful business transformation? The former CEO of Best Buy, Hubert Joly, explains purpose-driven, digital business transformation by presenting the Best Buy company strategy he created.The discussion includes these topics:-- About Hubert Joly's book: The Heart of Business-- Why did Best Buy have trouble in 2012?-- Driving efficiency with respect for people-- What is purpose-driven transformation?-- Efficiency vs. cultural transformation-- Importance of customer experience at Best Buy-- Customer experience and corporate culture-- How do you balance staff and management?=======Watch the video and read the complete transcript: https://www.cxotalk.com/episode/former-best-buy-ceo-purpose-driven-business-transformationSubscribe to our newsletter to be notified of upcoming live shows: https://www.cxotalk.com/subscribe=======Hubert Joly is the author of THE HEART OF BUSINESS: Leadership Principles for the Next Era of Capitalism. He is the former Chairman and Chief Executive Officer of Best Buy and is now a senior lecturer at Harvard Business School. He is also a member of the board of directors of Johnson & Johnson and Ralph Lauren Corporation, a member of the International Advisory Board of HEC Paris, and a Trustee of the Minneapolis Institute of Art. Joly has been recognized as one of the top 100 CEOs in the world by the Harvard Business Review, one of the top 30 CEOs in the world by Barron’s and one of the top 10 CEOs in the U.S. by Glassdoor.=======From the conversation:What is purpose-driven transformation?Michael Krigsman: Let's talk about purpose for a moment. We do hear this term kind of popping up everywhere. I think very often it's a good, politically correct, motherhood and apple pie kind of, you know, it feels good, but there is no real substance. How do we convert that into something substantive and meaningful?Hubert Joly: Yeah, so let me make it really concrete and share some of the lessons learned along the way. I'll tell you that it was challenging. This was not a walk in the park. As a result, we've learned a lot [laughter], frankly, during that time.Back in 2016, as we were looking to accelerate our growth, we did the good work around market research, segmentation, targeting, positioning – what I teach my students at Harvard Business School in the marketing course. Then we also wanted to go beyond that and started to think about our why – maybe influenced by Simon Sinek – why do we exist?That's where we came up with the concept, actually said it, "We are not a retailer. We are not a retailer. We are a company that's in the business of enriching lives through technology by addressing key human needs."Defining your purpose, I think you find a company purpose at the intersection between four circles:What the world needs. What are the human needs you're trying to address?What you are uniquely good at.What you are passionate about.Then, of course, how you can make money.This is real substantive. This is not philanthropy. This is not CSR or OESG. This is a business discussion.The benefit of defining the business in terms of its purpose is that, number one, it vastly expands the addressable market. There are a couple of examples of that.That's how, at Best Buy, we went into the healthcare space helping aging seniors live and stay in their home independently longer by placing sensors under their bed, under their sofa, in the kitchen, in the bathroom. Fall detection.People who have aging parents know what I'm talking about. They live independently, but you want to keep an eye on them. With remote monitoring, artificial intelligence, and care centers, you can actually really be helpful. That's a service that's sold through insurance companies. We would never have thought about this if we had thought of it ourselves as a retailer.The other example is something I hope everybody will take advantage of, which is the in-home advisor program where, if your need is complex, it's too complex to be handled in the store or online, we actually come to you. We'll aspire, if you let us, to become, over time, like your CIO, your CTO for your home. Our homes are becoming more and more complex, so that's a real need. Again, you would not have done that as a retailer.The second thing it does, a noble purpose, it's inspiring for customers. In our hearts, as human beings, we have a desire profoundly to do good things to other people. It's the Golden Rule. We want to make a difference, a positive difference, in the world.Now, again, if you just stay at the definition of the purpose, nothing happens. The two examples I've given you show how you can make it a cornerstone of your strategy and come up with specific initiatives that support that purpose.

Ralph Lauren Corporation, Q4 2021 Earnings Call, May 20, 2021

Hubert Joly is the former Chairman and Chief Executive Officer of Best Buy and is now a senior lecturer at Harvard Business School. In addition to that, He is a member of the board of directors of Johnson & Johnson and Ralph Lauren Corporation, a member of the International Advisory Board of HEC Paris, and a Trustee of the Minneapolis Institute of Art.  Joly has been recognized as one of the top 100 CEOs in the world by the Harvard Business Review, one of the top 30 CEOs in the world by Barron’s and one of the top 10 CEOs in the U.S. by Glassdoor.  On this episode Hubert discusses his new book The Heart of Business: Leadership Principles for the Next Era of Capitalism Episode Notes  Watch on YouTube Subscribe to my Newsletter Connect with us! Whatgotyouthere Looking for a job? Checkout Culture Finders today to be matched with your dream company.  MCTco Collagen Protein Bars www.mctco.com 20% off with code “WGYT” https://drinksupercoffee.com/

In this "HBR Minute" HCI podcast episode, Dr. Jonathan H. Westover (https://www.linkedin.com/in/jonathanhwestover/) explores the recent HBR video, "How Crises Created Opportunities For Good Leadership." Check out the video here: https://youtu.be/iEZD5Ou7TeI. Video Overview: "In these unprecedented times, corporate leaders' principles are being put to the test. The best, says former Best Buy CEO Hubert Joly, are rising to the challenge. Many leaders just last summer had signed the Business Roundtable Statement of Purpose that committed their companies to serving all stakeholders. The pandemic is the first test of these principles. Hubert Joly, former CEO of Best Buy, a company that signed the statement, has spoken with many of those CEOs. While acknowledging much uncertainty remains, he is largely encouraged by their responses to the crisis as companies look out for employees, customers, suppliers and most importantly, the communities they serve. He implores those leaders to continue the charge, and asks others to join the fight." Hubert Joly (https://www.linkedin.com/in/hubertjoly) is Senior Lecturer at Harvard Business School. He is the former Chairman and Chief Executive Officer of Best Buy Co., Inc., and the author of The Heart of Business – Leadership Principles for the Next Era of Capitalism, which is slated to be published in the Spring of 2021 by Harvard Business Review Press. Hubert is also a member of the Board of Directors of Johnson & Johnson and Ralph Lauren Corporation, a Vice Chairman of the Business Council, an Executive Advisor at World50, a member of the International Advisory Board of HEC Paris, and a Trustee of the Minneapolis Institute of Art. Through his foundation, he has endowed the Joly Family chair in Purposeful Leadership at HEC Paris where he actively collaborates with the faculty. Prior to Best Buy, he was the CEO of Carlson Companies, a global leader in the hospitality and travel industry, the CEO of Carlson Wagonlit Travel, a Senior Executive at Vivendi S.A., the President of EDS France and a partner at McKinsey & Company. He is a graduate of HEC Paris and Institut d'Etudes Politiques de Paris. Hubert has been recognized as one of the top 100 CEOs in the world by the Harvard Business Review, one of the top 30 CEOs in the world by Barron's and one of the top 10 CEOs in the U.S. by Glassdoor. He is a knight in the French Legion of Honor and the French National Order of Merit. Check out Dr. Westover's new book, The Alchemy of Truly Remarkable Leadership, here: https://www.innovativehumancapital.com/leadershipalchemy.  Check out the latest issue of the Human Capital Leadership magazine, here: https://www.innovativehumancapital.com/hci-magazine.  Ranked in the Top 10 Performance Management Podcasts: https://blog.feedspot.com/performance_management_podcasts/ ; Ranked in the Top 10 Workplace Podcasts: https://blog.feedspot.com/workplace_podcasts/ ; Ranked in the Top 15 HR Podcasts: https://blog.feedspot.com/hr_podcasts/ ; Ranked in the Top 15 Talent Management Podcasts: https://blog.feedspot.com/talent_management_podcasts/ ; Ranked in the Top 15 Personal Development and Self-Improvement Podcasts: https://blog.feedspot.com/personal_development_podcasts/ ; Ranked in the Top 30 Leadership Podcasts: https://blog.feedspot.com/leadership_podcasts/

Ralph Lauren Corporation has announced the launch of Digital Product Identities (IDs) for tens of millions of Ralph Lauren products. Subscribe to the SUMO Heavy Weekly Newsletter bit.ly/SUMOHeavyNewsletter --- Send in a voice message: https://anchor.fm/ecommerceminute/message Support this podcast: https://anchor.fm/ecommerceminute/support

KEVIN WEST, CEO at Guided Knowledge Kevin joined Guided Knowledge in January 2017, bringing a wealth of knowledge to the team with more than 25 years’ experience growing businesses and implementing complex management solutions designed to improve the bottom line. Prior to joining the Group, Kevin was a strategic consultant at Ralph Lauren Corporation where he led key commercial projects, including launching their business in South America, engineering a $200M global SAP implementation based in New York City and Geneva as well as redeveloping the brand’s $100M e-commerce operations in New York. Kevin previously held a series of executive leadership roles with companies including Vodafone, Kingfisher and Dell where he built an $87M book of business working the company’s top-5% of clients including J&J, Verizon, Vodafone, Towers Watson and others. Kevin’s role is to lead the team as the Company moves from its R&D stage to commercialising its patent-pending technology.

Kenton Muscato was initially a Peer Educator and two-year Resident Assistant in University Hall from 2006 to 2009. He graduated from Leonard N. Stern's School of Business in 2009. Thereafter, he began a career at Ralph Lauren Corporation always in a buying, merchandising function. Kenton has been with Ralph Lauren for ten years, working with multiple product categories and brands with a current focus on the Greater China Southeast Asia market needs. Kenton is currently based in Hong Kong where he has lived for nearly the past five years.

Today on Entrepreneur Effect our host is joined by Lindsey Phillips Creator and Founder of Lindsay Phillips Switchflops. Phillips was born in Clearwater, Florida on Dec 7, 1984. Her father, Paul Phillips, is a cardiologist and her mother, Liz Phillips, worked as a nurse. Phillips attended Berkeley Preparatory School in Tampa, Florida. It was during this time that Lindsay developed the concept for sandals that would eventually lead her to launch SwitchFlops - interchangeable flip-flops with removable straps to match any outfit. Encouraged by the favorable responses she received after creating ceramic flips flops – part of an art class project – she began expanding her vision by toying with the idea of creating colorful straps and buttons that could diversify the look of just one pair of flip-flops. She soon realized that by using hook-and-loop fasteners, her vision of “Change Your Look, Not Your Sole” was complete. By the end of her high school career, Phillips applied for a patent.Following graduation from Berkeley Prep in 2003, she attended Rollins College in Winter Park, Florida, interning with Ralph Lauren Corporation in New York City during two of her summer breaks. She also attended Semester at Sea, a shipboard, global study abroad program, during which she simultaneously studied and toured several countries including Venezuela, Brazil, South Africa, the Republic of Mauritius, Myanmar, India, Vietnam, China, and Japan. Phillips has frequently commented that her travels abroad have greatly influenced her designs. She graduated in 2007 with a BA in Art History and a minor in communications.

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Donald Wordell Managing Director and Portfolio Manager Ridgeworth Capital Management Discussing investing in mid-cap stocks, including Coach and Ralph Lauren Corporation. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Donald Wordell Managing Director and Portfolio Manager Ridgeworth Capital Management Discussing investing in mid-cap stocks, including Coach and Ralph Lauren Corporation.