Geodis launches new global management training programme
London, UK, 5 days ago Geodis, a global supply chain operator, is launching Manage! , a programme designed to support its 8,000 managers around the world. Built around the company s 7 Leadership Principles, it aims to strengthen their skills and leadership through a 14-week programme. This will be key to stimulating commitment and creativity in their teams and partners, to achieve the goals of Geodis’ Ambition 2023 strategic plan, the company said in a statement. In a pandemic context marked by a disruption of norms and traditional benchmarks, management is even more essential today. To lead our market, the quality of our managers and the commitment of our teams are crucial. This new program aims to ensure that our leaders have all the attributes to support their employees and encourage them to remain agile and in tune with what is happening in the world, explained Marie-Christine Lombard, CEO of Ge
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Hubert Joly is the former chairman and chief executive officer of Best Buy Co., Inc., where he led the company s turnaround and transformed it into an industry leader, consistently rated one of the best places to work. He is now a senior lecturer at the Harvard Business School.
He is also a member of the board of directors of Johnson & Johnson and Ralph Lauren Corporation, and a vice chairman of the Business Council. 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, 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.
Best Buy CEO and Chairman Hubert Joly addressed a closed-door session with CEOs in the
Chief Executives for Corporate Purpose (CECP)© coalition during a CEO Virtual Roundtable. The conversation focused on the importance of having a purposeful leader at the helm of a company, particularly given the challenges facing the world today. Providing a case study of the company’s journey from $11 a share in November 2012 when Joly joined to $119 a share today, he outlined the values-based transformation of Best Buy amidst challenges in retail, the economy, and the public’s expectations of CEO and companies.
The CEO-only discussion focused on how corporate leaders can promote the “human magic” side of business, including leadership development, succession planning, and a culture of customer service. Joly pinpointed the business benefits of this type of authentic leadership, to both bring about sustainable value and protect companies from crisis.
Image: Courtesy subject
When Hubert Joly joined Best Buy in 2012 the retailer was in disarray. He turned the company around with a relentless focus on not just price but customer service and experience. Here, in an excerpt from his new book, THE HEART OF BUSINESS: Leadership Principles for the Next Era of Capitalism
, Joly explains how suppliers were the key to competing with Amazon:
Arm wrestling with suppliers to minimize costs and improve margins is a good thing, especially in a turnaround, right? Yes, dealing with suppliers involves some arm wrestling. But this does not exclude partnering in a way that benefits both sides. The way Best Buy has worked with its vendors, including those who are supposed to be its competitors, has been a key ingredient of its resurgence and illustrates how such partnerships transcend a view of the business world as a zero-sum game.
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