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FORTUNE Magazine India

FORTUNE Magazine India

May 2019

FORTUNE covers the entire field of business, including specific companies and business trends, tech innovation prominent business leaders, and new ideas shaping the global marketplace. FORTUNE is particularly well known for its exceptionally reliable annual rankings of companies. FORTUNE furthers understanding of the economy, provides implementable business strategy, and gives you the practical knowledge you need to maximize your own success.

Land:
United States
Sprache:
English
Verlag:
Meredith Corporation
Erscheinungsweise:
Monthly
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3 Min.
hope and courage move the world

THERE IS SOMETHING remarkably powerful about listening. Those who know Melinda Gates well—and even some of those who have met her just once—remark at how good she is at this skill. Geeta Rao Gupta, a former staffer for the Bill & Melinda Gates Foundation, who is now at the United Nations Foundation, vividly remembers the first time she met with Gates in her office, way back in 2010: “She was literally leaning in, listening very attentively, not interrupting, but acknowledging that she had heard. You know how sometimes people just have a blank face and you don’t know whether you’re being heard?” It was wholly different with Melinda, Rao Gupta says. “She acknowledges, she nods, she listens—and without interrupting, she asks really astute questions.” I thought about that description a lot…

4 Min.
disney’s latest blockbuster isn’t in theaters

MEDIA ON THE MID-APRIL DAY that Disney hosted a show-of-force presentation for investment analysts, the entertainment giant converted its cavernous Soundstage 2 in Burbank, Calif., where Mary Poppins and Pirates of the Caribbean came to life, into an auditorium for knowledge workers. Wall Street types sat rapt as Disney opened with a video splicing its decades-old film and TV library with that of 21st Century Fox, recently acquired for $71 billion. The key dramatic moment: a shot from the stunning rock climbing documentary Free Solo—from formerly Fox-owned National Geographic—with the heroic Alex Honnold perched untethered on the rock face, another climber intoning: “There’s incremental advances that happen in all kinds of things. But every once in a while, there’s just this iconic leap.” Subtle, it wasn’t. Disney is taking a meticulously planned…

1 Min.
analytics: global carbon emissions increased in 2019

GLOBAL CARBON DIOXIDE EMISSIONS INCREASED IN 2018 Despite increased calls to reduce global emissions in light of climate change, energy-related carbon dioxide emissions worldwide went up by 1.7% last year, hitting a record high, according to the International Energy Agency. It’s the largest rate of growth seen since 2013. While emissions declined in Europe, they were up in big economies like the U.S., China, and India. Coal, especially in Asia, played a significant role in the increase. At the same time, it’s worth noting that according to 2017 data, the U.S. still produces twice as much carbon dioxide per capita as China and nearly nine times as much as India, highlighting the increased environmental impact of a higher standard of living. All of this means the Paris climate agreement’s goal of…

2 Min.
can best buy keep winning?

RETAIL BEST BUY’S best guy is stepping down. Frenchman Hubert Joly, who has overseen a remarkable transformation at the electronics retailer, will be succeeded by its chief financial officer Corie Barry on June 11. A 20-year veteran of Best Buy, Barry has been an instrumental part of the executive team that has helped Joly pull off one of the most dramatic reinventions of a major retailer, ever. Joly will stay on as executive chairman and advise Barry on matters of strategy. Joly took a company posting quarter after quarter of sales declines and carved out a new place for Best Buy in shoppers’ routines. He pushed the retailer to add many services, giving customers a reason to come to stores, and, in a show of pragmatism, teamed up with brands, most notably Amazon,…

2 Min.
neue batterien

GOING ELECTRIC THE AUTOMOTIVE INDUSTRY is vital to the German economy, and cars are going electric. So, the thinking goes, Europe—and Germany in particular—should be making more electric car batteries. It’s certainly a booming industry; electric car battery sales are projected to hit $60 billion by 2030. But the companies making the batteries are overwhelmingly Chinese—fostered by state subsidies for electric-car makers and predicted to take 70% of the market. There are also big Japanese and South Korean players, such as Panasonic (Tesla and Toyota’s battery partner), LG Chem, and Samsung SDI. Germany wants some of that action. In November, the government announced a 1 billion euro ($1.12 billion) fund for German companies to develop and build battery cells. Germany’s National Industrial Strategy 2030, unveiled in February, fretted that “if the digital platform…

3 Min.
don’t tell anyone

ACCEPT A JOB AT ANY SILICON VALLEY COMPANY, and chances are someone will ask you to sign a nondisclosure agreement. These documents, dubbed “contracts of silence” by academics, were once only required of senior managers, but today they are as common in the tech world as fleece vests. At companies like Google, Apple, and Amazon, every low-level employee or contractor is expected to sign an NDA, and so are vendors and visitors. The contracts typically don’t specify a dollar figure for violating the terms, but they do make one thing clear: Anyone who talks too much—about anything from their salaries to their manager’s weird behavior—may be sued. NDAs have played a central role in a number of recent tech industry controversies, raising new questions about their proliferation and scope. While businesses insist…