Monday morning reads
Lady of the Lakers Jeanie Buss inherited a team, and a legacy, from her father. What will her imprint be? (New York Times)
Good Leadership Is About Asking Good Questions Especially when they find themselves in the midst of crisis and uncertainty, leaders should ask powerful and inspiring questions. Asking questions well can put you on the path to solving intractable problems and will also help you connect with others and, counterintuitively, to earn their trust. Those questions should be big in scope: What new opportunities have emerged that we don’t want to miss? How might we use new technologies to change our business model? And you should involve others in answering those questions —employees, stakeholders, and even customers. Doing so can not only help you generate better answers, it can also help you to change your organization’s culture. (Harvard Business Review)
Diversification Matters—but It’s Getting Harder to Find The broad indexes, so often touted as diversified, really aren’t—not anymore. That’s because the market itself isn’t truly diversified. That sets investors up with a conundrum: What does it mean to own a diversified portfolio if the S&P 500 itself is at its most concentrated in decades? And the bigger question: Is diversification still important? (Barron’s)
Requiem for the Super Commuter: The pandemic-driven rise of remote work in 2020 emptied commuter trains in major cities and all but killed off the long-haul trip to the office. Is that a good thing? (Bloomberg)
Fox News wants its viewers angry enough to watch but not angry enough to riot Guess what happens when you tell people, over and over, that they’re being robbed? They may believe you.(Vox)
Corporate America is rethinking its political donations Big businesses often donate to both political parties and say that their support is tied to narrow issues of specific interest to their industries. That became increasingly fraught last week, after a pro-Trump mob stormed the Capitol and some Republican lawmakers tried to overturn Joe Biden’s win in the presidential election. (New York Times)