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Whether youre managing a team or leveling up your own skills, these eight leadership books are among this years most essential reads. The Power of Mattering: How Leaders Can Create a Culture of Significance By Zach Mercurio Filled with practical advice and helpful exercises, The Power of Mattering gives leaders at all levels the skills they need to revitalize their teamsand entire organizationsby showing people that they matter. Listen to our Book Bite summary, read by author Zach Mercurio, in the Next Big Idea App, or view on Amazon. The Doors You Can Open: A New Way to Network, Build Trust, and Use Your Influence to Create a More Inclusive Workplace By Rosalind Chow Carnegie Mellon organizational behavior researcher Rosalind Chow, PhD, introduces the novel concept of sponsorship. While mentorship can change mentees for the better through valuable coaching and encouragement, sponsorship takes it one step furthersponsors can change the social environment around their protégés by actively advocating for, raising the social visibility of, and protecting them. Listen to our Book Bite summary, read by author Rosalind Chow, in the Next Big Idea App, or view on Amazon. Meaningful Work: How to Ignite Passion and Performance in Every Employee By Wes Adams and Tamara Myles A powerful revelation that finding meaning at work is the true driver of employee well-being, high performance, and even profit, and a practical road map to make it the cornerstone of your leadership approach. Listen to our Book Bite summary, read by coauthors Wes Adams and Tamara Myles, in the Next Big Idea App or view on Amazon. Managing Up: How to Get What You Need From the People in Charge By Melody Wilding A career coachs indispensable guide to navigating power dynamics, building effective relationships with higher-ups, and earning more authority, freedom, and confidence at work. Listen to our Book Bite summary, read by author Melody Wilding, in the Next Big Idea App, or view on Amazon. Youre the Boss: Become the Manager You Want to Be (and Others Need) By Sabina Nawaz Turn the hidden pressures of management into astonishing results and become the boss everyone wants to work for. This must-read guide from elite executive coach Sabina Nawaz reveals the leadership secrets of highly successful managers. Listen to our Book Bite summary, read by author Sabina Nawaz, in the Next Big Idea App, or view on Amazon. Masters of Uncertainty: The Navy SEAL Way to Turn Stress into Success for You and Your Team By Rich Diviney Retired Navy SEAL commander and performance expert Rich Diviney reveals a revolutionary method for training individuals and teams to perform at their best, no matter what. Listen to our Book Bite summary, read by author Rich Diviney, in the Next Big Idea App, or view on Amazon. No One Is Self-Made: Build Your Village to Flourish in Business and Life By Lakeysha Hallmon This inspirational guide dares to dismantle the myth of individualism and reveals how collective support can shatter systemic barriers to success. Its a bold road map for entrepreneurs and leaders determined to rewrite the rules of business. Listen to our Book Bite summary, read by author Lakeysha Hallmon, in the Next Big Idea App, or view on Amazon. Why Are We Here?: Creating a Work Culture Everyone Wants By Jennifer Moss A deeply human account of how our relationship with work has changed and a guide for leaders who want to make things right. Listen to our Book Bite summary, read by author Jennifer Moss, in the Next Big Idea App, or view on Amazon. This article originally appeared in Next Big Idea Club magazine and is reprinted with permission.
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E-Commerce
Japanese electronics and technology company Panasonic has chosen a new chief executive after eking out a 1.2% rise in its first quarter profit.Kenneth William Sain, a former Boeing executive, will replace Yasuyuki Higuchi as Panasonic’s president and chief executive in April 2026, the company said Wednesday.Sain joined Panasonic in 2019 as CEO of Panasonic Avionics.“Ken is an exceptional leader with extensive global experience and a deep understanding of business and technology,” Higuchi said in a statement.Panasonic Holdings Corp.’s April-June profit totaled 71.46 billion yen ($483 million), up from 70.6 billion yen. Its quarterly sales declined 10.6% from last year to 1.9 trillion yen ($12.8 billion).The Osaka-based maker of home appliances, solar panels and batteries for Tesla vehicles kept its full year profit forecast unchanged at 310 billion yen ($2.1 billion), down 15% from the previous year.Panasonic said the impact from U.S. President Donald Trump’s tariffs was not yet fully factored in. The company said it will try to minimize the effect on its operating profit with cost cuts and other measures.Consumer electronics sales were strong in Japan, Panasonic said, while they were also healthy in China, supported by subsidies.On the positive side, it said demand for AI servers and air-conditioners was expected to grow. But concerns remain about slowing demand for electric vehicles because of U.S. tariffs and the ending of tax credits.Panasonic also said it’s planning to get rolling later this year its new lithium-ion battery factory in Kansas, whose start has been delayed.Panasonic said in May that it was slashing its global workforce by 10,000 people, half in Japan and half overseas, to become “lean.” The job cuts amount to about 4% of its workforce. Yuri Kageyama is on Threads: https://www.threads.com/@yurikageyama Yuri Kageyama, AP Business Writer
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E-Commerce
Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry staples and condiments in the United States as consumers tried to stretch their household budgets. A mix of sticky inflation and heightened economic uncertainty has forced consumers to cook more affordable meals at home instead of eating out. People prioritizing protein in their diets has also boosted demand for Kraft Heinz’s steak sauce and Worcestershire sauce. The company’s board is “working with urgency” to evaluate strategic options for some brands, executives said on a post-earnings call, following media reports earlier this month that it was exploring a spin-off of the grocery business. Kraft Heinz recorded a $9.3 billion impairment charge in the second quarter due to a steady decline in its market capitalization to $33.8 billion, with the stock value dropping about 30% since 2022. The company reiterated its annual targets and now expects a cost impact of about 100 basis points this year from President Donald Trump’s tariffs. Its shares were up 1% in early trade. The Philadelphia Cream Cheese maker has worked on introducing healthier options in some categories such as desserts to capture consumer demand, and has said it would remove food dyes from its portfolio. It also announced plans to change the packaging for Kraft Mayonnaise to highlight the absence of dyes and artificial flavors, weeks after snacks giant PepsiCo said it will rebrand its Lay’s and Tostitos chips without those substances. While Kraft Heinz’s quarterly volumes fell about 2.7 percentage points due to some weakness in categories such as coffee, cold meat cuts and ready-to-eat meals, the decline was lower than the prior quarter’s drop of 5.6 percentage points. In North America, its biggest market by revenue, volumes fell 3.4 percentage points. “Looking ahead, we continue to expect growth in our international business, but we are not contemplating an improvement in the U.S. industry for the rest of 2025,” CEO Carlos Abrams-Rivera said in a statement. With consumers seeking value, the company has been investing in promotions, and that, along with inflation, could pressure margins in the current quarter, said Arun Sundaram, analyst at CFRA Research. Net sales for the three months ended June 28 came in at $6.35 billion, beating analysts’ average estimate of $6.26 billion, according to data compiled by LSEG. Its adjusted profit of 69 cents per share also beat estimates. Juveria Tabassum, Reuters
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E-Commerce
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