
Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
September 20, 2023: On Tuesday, Amazon added RFID capability to ‘Just Walk Out’ to enable cashierless shopping for clothing. In this system, each item in a store is equipped with an RFID tag.
Customers can select items and exit the store, and the RFID tags are detected by readers, automatically charging the customer’s credit card on file.
This technology, developed in collaboration with Avery Dennison, a materials science and digital identification company, offers a new approach to frictionless shopping.
Since its launch in 2018, Amazon has deployed Walk Out across many store formats, including its Fresh supermarkets and some Whole Foods locations.
It also sells the technology to third-party retailers in airports, stadiums, and theme parks, among other venues.
While Amazon’s Just Walk Out technology was initially used primarily in grocery and convenience stores, this expansion into clothing stores represents a significant step forward. Amazon has been testing this new system with RFID technology in locations such as Climate Pledge Arena in Seattle and the Seattle Seahawks’ Lumen Field, signaling its potential for broader adoption in various retail settings.
There are over 70 Amazon-owned stores and more than 85 third-party retailers with Walk Out technology located across the U.S., U.K., and Australia, including travel retailers at airports, sports stadiums, entertainment venues, theme parks, convenience stores, and college campuses.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
Zelenskiy–Trump summit boosts markets as equities rise and the dollar steadies amid growing peace hopes. Investors await Fed insights at Jackson Hole for further direction.
Statistics Canada is investigating an accidental early release of June manufacturing data, raising concerns over data governance and market integrity. The agency has launched an internal review to strengthen its publishing protocols.
Investor confidence in France is deteriorating as political gridlock and budgetary uncertainty deepen.
The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you