Patty McCord, former Chief Talent Officer at Netflix and author of "Powerful: Building a Culture of Freedom and Responsibility", discusses her time at Netflix and why certain principles make the company successful.
McCord discusses her distaste for the word "empower" in the workplace, noting that employees already have power. Executives just need to give it to them.
She digs into the intentionally high turnaround rate at Netflix and why a culture like that is okay. She talks women in the workplace and why equal pay is something that needs to be addressed at this point in time.
Nike and Dick's Sporting Goods announced an integration of their loyalty programs that will allow customers to shop for exclusive Nike branded apparel on the Dick's Sporting Goods platform. Customers will also be able to make returns at its retail locations even if shoes were purchased directly from Nike.
John Freeman, VP of equity research at CFRA Research, joined Cheddar to break down factors weighing on video game publisher Activision Blizzard as it deals with the fallout from delayed releases and sexual harassment scandals. While not great for business, Freeman also questioned if the issues of the toxic corporate culture could have had an impact on title delays as well.
Steven Salz, Co-Founder & CEO of Rivalry, joins Cheddar News to break down how the metaverse plays into Internet culture, how augmenting human experiences impacts businesses, and how 5G technology plays into making it all possible.
Bed Bath & Beyond and Kroger have announced a new e-commerce partnership as the grocer looks to expand home goods and baby product offerings. Bed Bath & Beyond is also expected to expand its online product stock.
Orlan Boston, EY Americas ESG Markets Leader, joins Cheddar News to discuss the latest trends coming out of COP26 that companies should be paying close attention to, and what it really means to be a sustainable company.