In today's ever-evolving marketplace it's easy for a business owner to become overwhelmed. This Changes Things hosts Baker Machado and Hope King talk through some of the strategies to ensure the success of your business. First off, make sure you study the competition. As a business owner you need to know who your competitors are and the products they offer. Second, conserve cash! No matter how good business is you always need to have some extra capital for the rough patches. And lastly, listen to your customers. Adapting based on customer feedback is crucial to evolving your business.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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