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Ron Johnson’s 5 Key Mistakes at JC Penney, In His Own Words
Fast Company talked to former JC Penney CEO Ron Johnson three months into his new job. What he said then explains why things didn’t work out.
Here’s the full story.
But here are 5 lessons taken away from Johnson’s miscalculations:
1. JC Penney Is Not A Startup, And Therefore Can’t Behave Like One
2. Not All Business Decisions Can Rely Solely On Gut
3. JC Penney Isn’t Apple
4. Managing A Team Within A Company Requires Different Leadership Skills Than Being The CEO Of A Company
5. Behemoth Businesses Can’t Be Reinvented Overnight
What can you learn from Johnson’s JC Penny disaster?

Ron Johnson’s 5 Key Mistakes at JC Penney, In His Own Words

Fast Company talked to former JC Penney CEO Ron Johnson three months into his new job. What he said then explains why things didn’t work out.

Here’s the full story.

But here are 5 lessons taken away from Johnson’s miscalculations:

1. JC Penney Is Not A Startup, And Therefore Can’t Behave Like One

2. Not All Business Decisions Can Rely Solely On Gut

3. JC Penney Isn’t Apple

4. Managing A Team Within A Company Requires Different Leadership Skills Than Being The CEO Of A Company

5. Behemoth Businesses Can’t Be Reinvented Overnight

What can you learn from Johnson’s JC Penny disaster?

An intimate portrait of the world’s most famous CEO, Mark Zuckerberg.

But the moment belonged first and foremost to Zuckerberg, who for years has had his own identity problem: “boy CEO.” Young, arrogant, and awkward—no one believed that Zuckerberg could survive the adult swim of real business, and thanks to his depiction in The Social Network, some folks will forever see him as the fatally flawed psychopathic robot nerd looking to steal your code, your personal data, your girlfriend. “I don’t think about it … much,” he once told me when I asked him how he handles all the noise, measuring his words as he always does. “I understand why people need to have these dialogues, to ask these questions. We have so much to do here, we don’t think about it if we don’t have to.”

Read on->

An intimate portrait of the world’s most famous CEO, Mark Zuckerberg.

But the moment belonged first and foremost to Zuckerberg, who for years has had his own identity problem: “boy CEO.” Young, arrogant, and awkward—no one believed that Zuckerberg could survive the adult swim of real business, and thanks to his depiction in The Social Network, some folks will forever see him as the fatally flawed psychopathic robot nerd looking to steal your code, your personal data, your girlfriend. “I don’t think about it … much,” he once told me when I asked him how he handles all the noise, measuring his words as he always does. “I understand why people need to have these dialogues, to ask these questions. We have so much to do here, we don’t think about it if we don’t have to.”

Read on->

 Nearly 20% of Female Chinese Managers Are CEOs 

Among China’s female workforce in managerial positions, 19% hold the  title of CEO, according to the Grant Thornton Business Report released this week. That’s 10% higher than averages in Europe and 14% higher than averages in the United States, according to the report.
Thailand came in first at a whopping 30% of female managers  holding the title of CEO and Taiwan came in third at 18%, pointing to a  possible emerging trend in Asia for women to more routinely hold the  position of CEO. (The exception is Japan, where only 8% of senior  managers are women.)
Also of note is that of the companies that employ women in senior  positions, 69% work in financial departments, not the so-called softer  area of human resources.
“With China becoming an economic powerhouse, its society offers  more opportunities for women’s development,” said Xu Hua, chairman of  Grant Thornton Jingdu Tianhua.
Women in China also make up half of the University student  population and 34% of senior management, a 3% increase from two years  ago. In the rest of the world, the number of women in senior management  positions has actually decreased, from 24% in 2009 to 20%. With Asia  increasing in global stature and as the region is increasingly willing  to try different approaches in business and innovation, out of sheer  competition with the West, the emergence of women may become the new  trend.

Nearly 20% of Female Chinese Managers Are CEOs

Among China’s female workforce in managerial positions, 19% hold the title of CEO, according to the Grant Thornton Business Report released this week. That’s 10% higher than averages in Europe and 14% higher than averages in the United States, according to the report.

Thailand came in first at a whopping 30% of female managers holding the title of CEO and Taiwan came in third at 18%, pointing to a possible emerging trend in Asia for women to more routinely hold the position of CEO. (The exception is Japan, where only 8% of senior managers are women.)

Also of note is that of the companies that employ women in senior positions, 69% work in financial departments, not the so-called softer area of human resources.

“With China becoming an economic powerhouse, its society offers more opportunities for women’s development,” said Xu Hua, chairman of Grant Thornton Jingdu Tianhua.

Women in China also make up half of the University student population and 34% of senior management, a 3% increase from two years ago. In the rest of the world, the number of women in senior management positions has actually decreased, from 24% in 2009 to 20%. With Asia increasing in global stature and as the region is increasingly willing to try different approaches in business and innovation, out of sheer competition with the West, the emergence of women may become the new trend.