Supply chain insights global summit 2017

In other words, if H&M’s leadership wants to reduce the company’s impact on the environment, the most direct way would be to make fewer clothes. Karl-Johan Persson acknowledges that the fashion industry is in a crisis of overproduction, but he disagrees that the solution is to cut back. “There’s no question that we’re producing more garments than people buy, people are buying more than they really need, and the planet can’t cope,” he says. “I think the solution is not to stop consuming, but to preserve jobs. The solution is to consume more responsibly and to invest more resources in innovation that will allow us to be more sustainable.” … [Read more...] about H&M is one of fashion’s biggest polluters. Now its foundation is on a $100 million quest to save the planet

A culture of levity allows teams to play at the highest level — a belief repeated by leaders across industries and disciplines, from Spanx founder Sara Blakely to Stephen Curry of the NBA’s Golden State Warriors, to former U.S. Secretary of State Madeleine Albright, who used humor in negotiations with her counterparts in the Russian government after a particularly tense first meeting. These leaders tell a consistent story: teams that laugh together—whether in all-hands meetings before big product launches, in the locker room before the NBA finals, or in meetings of international diplomacy—perform better. … [Read more...] about Humor is such an important leadership trait we teach it at Stanford’s business school