Michael Kors has appointed a new project manager and CEO

The project manager and the executive director are great professions in the field of management. That’s why all free project managers and CEOs should read this article.

Michael Kors’ parent company, Capri Holdings, has announced that the luxury brand will have a new project manager and CEO who will take office immediately. This is Joshua Shulman, who has many years of leadership experience in the fashion industry.

He will also succeed John Idol as director of Capri Holdings in September 2022, joining the Board of Directors.

In a statement, the holding recalls that Shulman was the CEO of the footwear brand Jimmy Choo in the period 2007-2012. He was then president of the Bergdorf Goodman department store for five years, known to New Yorkers for its iconic colorful shop windows. The latest position he holds is that of president and CEO of the luxury fashion brand Tapestry, based in New York City. He has also held senior positions at Gucci and Yves Saint Laurent.

“I have long admired Michael’s design vision and how the brand creates timeless fashion,” said Schulman. Idol will work closely with his successor to ensure a smooth transfer of his role.

The company’s project manager is stepping down

The company will replace Alex Gorsky, chairman, and CEO, with another veteran of the company next year, the Associated Press reported.

The world’s largest manufacturer of health care products has announced that Joaquin Duato will become CEO and member of the Board of Directors on January 3. He is currently Vice President of the J&J Executive Committee, which includes working with the company’s pharmaceutical and healthcare sectors, as well as overseeing its global supply chain.

The 59-year-old Duato is a citizen of Spain and the United States and has over 30 years of experience in J&J. Gorski, in turn, has held his current post since 2012 and will remain executive chairman of the Board after the reshuffle. According to him, the time is right for his decision for both the company and his personal life, as he chooses to focus more on his family for “family health reasons”.

J&J reported a 73% jump in second-quarter profits due to strong sales growth as hospitals and the healthcare industry recovered from the slowdown caused by the COVID-19 pandemic the previous year.

Forest joined Jonson & Johnson in 1988, and under his leadership, the company’s largest acquisition took place. Three years ago, in a $ 30 billion deal, the American brand acquired the Swedish biopharmaceutical company Actelion.

The Trump Organization fired its project manager

Alan Weisselberg, the Trump’s longtime chief financial officer, has been fired after prosecutors accused him and the company of tax fraud, the Wall Street Journal reported.

The removal of the senior official comes amid discussions of potential changes in the duties, responsibilities and possible title of chief financial officer in the company of former US President Donald Trump. Weisselberg has been working for him since 1973 and is expected to be appointed to another position.

One of the companies charged, Trump Payroll Corp., had named Weisselberg as treasurer, director, and vice president. Currently, Donald Trump Jr. has been named Executive Vice President, Director, Secretary, Treasurer.

The Trump Payroll is run by employees of the Trump Organization and processes payrolls for company employees.

Weisselberg was also removed last week as director of Trump International Golf Club Scotland Limited, a company linked to Donald Trump’s golf course in Scotland.

Earlier in the summer, the Trump Organization and Weisselberg were accused of running more than a 15-year tax fraud scheme involving payments to the company’s directors outside of accounting. Some of them belong to Weisselberg itself.

The Manhattan District Attorney’s Office, which works with the New York City Attorney’s Office, is the first criminal charge since years of investigating Trump’s business.

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A great manager

The late Apple co-founder Steve Jobs was called many things. Some described him as difficult to work with, while others added epithets such as impudent and rude. However, no one can dispute the fact that Jobs was an exceptional visionary who inspired the brightest talents in Silicon Valley to follow his vision and create amazing products.

This is the essence of good leadership – build a company around an attractive vision, for which a number of smart and talented people will be willing to give everything to themselves, and then set realistic goals and get out of their way.

However, there is another important piece of the puzzle of success that you need to look at. Jobs knew he had to do what it took to help his team achieve its goals, including creating an appropriate work environment.

In an interview with the 1998 book In the Company of Giants: Candid Conversations With the Visionaries of the Digital World, Jobs said that once you hire top employees, everything “comes down to building an environment that drives people to feel that they are surrounded by no less talented workers and that their work contributes to something greater than themselves. ‘

This advice from Steve Jobs is more than 20 years old, but it is still important. Here’s how you can put it into practice today:

Unleash the entrepreneurial spirit in your organization

Many of the companies that consistently top the list of “best jobs” focus on maintaining a culture that promotes entrepreneurship internally. In other words, building a system that encourages employees to think and act as sole proprietors and enables them to take risks and make decisions is as if they had created the company themselves.

Learn to appreciate the work of your employees

Managing highly paid, intelligent and highly skilled workers is not an easy task, especially given the fact that most people in this category do not like to follow other people’s orders. The key to implementing Jobs’ advice here is to guide them the way you would everyone else, namely by looking at them primarily as human beings. Like everyone else, the most talented employees are proud of their job well done and want to be as helpful as possible to their customers. They want to develop and take advantage of the opportunities that open up for them in their careers. Show them that you value their contribution to the success of your company.

Give them more freedom

Hierarchical top-down management styles, in which the feedback goes only in one direction, are not very effective in today’s economic environment. This is underlined by the fact that workers often know more than their managers in their specific areas of specialization. Steve Jobs’s approach here is to give employees more leeway. Organizations that give more autonomy and power to their employees build an environment in which information is more easily disseminated as it goes through fewer hierarchical levels. This allows for faster decision-making and action in times of crisis or other tense times.

Introduce them to a common vision

One of the main reasons for the lack of motivation and interest among employees is the inability of the leader to give meaning and purpose to their work. “Once they know what they need to do, they will figure out a way to achieve it. What they need is a shared vision. This is leadership – to have a vision and to be able to formulate it so that people around you understand it and reach a consensus on it, “said Jobs.

Give them feedback

According to a Gallup study, the second most common mistake that makes people leave work is lack of communication. Managers need to step out of their own comfort zones to provide advice and guidance to their employees, explain to them what the company’s goals are and what is expected of them, especially in times of change. It is important to note that this is a two-way street. When managers are not interested in the views of the smartest members of their team, trust between them begins to fade. Managers must listen to the words of their employees and be biased in their concerns, passions, fears, joys, goals and aspirations. This is the only way for them to feel heard and understood.

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