Former Best Buy CEO: seek purpose, not profits

One of the world’s most respected CEOs, in leading the turnaround of a multibillion-dollar company, learns a new way of leading people.


Courtesy. Hubert Joly and Best Buy Founder Dick Schulze celebrated the company’s 50-year anniversary in 2016.
Courtesy. Hubert Joly and Best Buy Founder Dick Schulze celebrated the company’s 50-year anniversary in 2016.
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Hubert Joly, a top executive for some of the world’s most notable brands, tells a funny story about how a workplace culture that considers vulnerability a weakness can be a disaster. Joly comes to the story — and recognizes its value — from a transformational success he helped engineer at electronics retailer Best Buy, where the company overcame several competitive and industry obstacles during his tenure.

 

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