09.02.2024 Today’s Inspiration: The leadership principles of CEO of $46B Best Buy, Corie Barry
Dear Students,
Who among you hasn’t shopped at a Best Buy store for a TV, video game, camera or phone? The $46B multinational consumer electronics retailer has forged a reputation as a seller of a diverse products, despite its original founding as an audio specialty store called “the Sound of Music,” 57 years ago. How has this “big-box” organization maintained its edge in a highly competitive market, filled with the likes of Amazon, Target and Walmart? CEO Corie Barry, who began her career as an auditor and was formerly Best Buy’s CFO, and now CEO for 5 years, deserves recognition for much of the continuing success of the 1,100+ stores Best Buy has built worldwide.
In the article below, the writer (Editor of business portal EduNow.me), outlines the principles driving Barry’s leadership style, which include: investing in people, leading by example, embracing change, and being innovative. While seemingly straightforward, such competencies require a range of related skills, which our Western business professional coaches emphasize while coaching ambitious international students like you, and as exemplified by self-awareness, ethics/integrity, strategic and analytical thinking, risk-taking, leadership, teamwork, flexibility, adaptability, curiosity, initiative, and of course innovation, among many others.
Wishing you and your families and friends the “power, good fortune and strength” (per Wikipedia) representing the Year of the Dragon, and which Barry’s Best Buy has experienced, within the year to come!
新年快乐!
春节快乐!
龙年快乐！