The immense pay packages bestowed on corporate chieftains are often said to reflect feats of management that enrich company shareholders. An executive's masterly performance justifies the compensation, in other words.
Many say retail is changing, or that it's evolving too fast for retailers to keep up. But this is just a pixel of the digital transformation picture. The hard truth is shoppers are changing and Generation Z (everyone born after 1995) is giving us a glimpse into the near future of the retail revolution.
In an update last week, Maersk Line gave more information into the causes and effects of the Petya cyberattack, which struck its core business IT systems on June 27. Its damage took Maersk weeks to fully repair.
Two proposed policy changes - imposing a border adjustment tax (BAT) and withdrawing from the North American Free Trade Agreement (Nafta) - would likely fail to achieve their goal of reversing the trend of offshoring manufacturing to low-cost countries and could potentially harm the U.S. motor vehicle industry, according to a new study by The Boston Consulting Group (BCG).
Unilever is sharpening its focus on profitability by lifting prices and cutting spending on everything from employee flights to product ingredients as activist investors take aim at consumer-goods giants wrestling with slow growth.
In Oak Brook, Illinois, visitors to the McDonald's wooded corporate campus enter on a driveway named for the late chief executive Ray Kroc, then turn onto Ronald Lane before reaching Hamburger University, where more than 80,000 people have been trained as fast-food managers.
The general public is well aware of the continuing development of autonomous vehicles - the media constantly provides stories on the advances of these self-driving cars, trucks and cabs. While not receiving the same media amount of coverage, the technology for autonomous ships is also rapidly developing.
DHL eCommerce has launched a domestic delivery service in Vietnam, helping small, medium and large e-tailers by handling cash-on-delivery services for customers that lack online payment ability.