Hiring a Superstar Can Backfire

Prior research on poaching “star” employees has shown that hiring stars is not only difficult but often counter-productive. Newly hired stars often find it challenging to reproduce their exceptional performance. They may also harm their new employer, for example, by hindering innovation or lowering incumbents’ performance. This is both surprising and troubling given the costs,…

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Primark CEO Resigns After ‘Error of Judgment’

Paul Marchant, the chief executive of Primark, has resigned “with immediate effect” from his role leading the discount clothing retailer after an allegation about his behavior, the company announced Monday. Mr. Marchant, who joined Primark in 2009, left after the company hired lawyers to investigate “an allegation made by an individual about his behavior towards…

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stock moves, tariff news and data

European markets opened sharply lower on Monday as global investors braced for U.S. President Donald Trump’s trade tariffs to come into force. The regional Stoxx 600 index was 1% lower shortly after the opening bell, with all sectors and major bourses firmly in negative territory. Germany’s DAX index led losses, shedding 1.2% during early trade….

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How Should Gen AI Fit into Your Marketing Strategy?

Generative AI (gen AI) has sent shock waves of technological disruption across the marketplace ecosystem—particularly when it comes to marketing—leaving stakeholders to grapple with its implications, opportunities, and challenges. Because it produces various forms of content, marketers often view it as a powerful advancement in creating product copy, blog posts, video and web ads, personalized…

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