China is electrifying its trucking fleet so fast that it’s now reshaping global diesel demand. This has not been widely covered by the mainstream media. Here's how quickly things have shifted: ➡️ 2020: Nearly every new truck in China was diesel ➡️ H1 2025: Battery-electric trucks hit 22% of new sales ➡️ 2026: expected to reach 60% – a majority share And what's driving this shift? Economics. Rapidly falling battery prices mean electric trucks are now cheaper to own and operate than diesel or LNG alternatives. Fleet operators are also increasingly adopting depot charging, opportunity charging and battery-swap networks – removing the last points of friction. And this matters: road freight accounts for around one third of all transport emissions. The impact on oil demand is already visible: ✅ China's electric trucks are already cutting oil demand by the equivalent of more than one million barrels a day. ✅ China's transport sector is forecast to use 40% less diesel in 2030 than in 2024. So why did analysts miss this? Most models assumed heavy trucks would be the last segment to electrify – but China moved faster on battery-swap infrastructure, ultra-cheap LFP batteries, and high-utilisation urban freight fleets than expected. The economics flipped earlier than the forecasts. The result: diesel demand in China – the world’s second-largest consumer – could fall much faster than many predicted. And that's not all. Already the world's largest exporter of passenger cars, China is now eyeing the global electric truck market. Adoption is growing in the Middle East and Latin America and BYD is building a new electric truck and bus factory in Hungary. This is just the beginning. #energy #renewables #energytransition
Change Management
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This is the HR challenge that keeps me awake at night. We ask HR to change the engine. Then we don’t give them the keys. That's exactly what we're doing to HR leaders across every industry, every day. Last month, I sat across from a brilliant CHRO who looked defeated. She'd just been handed her third "culture transformation" mandate this year. The brief was crystal clear: Fix engagement, reduce turnover and build a high-performance culture but… Her budget? Unchanged. Her authority? Non-existent. Her seat at strategic decisions? Still fighting for it. "They want me to drive change," she said, "but I can't even change the coffee brand without three approvals." Four decades in this industry, and this conversation haunts me more than any other. We've created a fundamental paradox that's destroying HR effectiveness across organisations. Leadership expects HR to: + Transform toxic cultures overnight + Attract top talent in impossible markets + Drive engagement without addressing root causes But denies them: - Decision-making authority - Strategic budget allocation - Real influence over business direction It's like asking someone to architect a building while handing them only a paintbrush. The result? HR professionals burning out faster than the talent they're trying to retain. Organisations wondering why their "people initiatives" keep failing. Executives frustrated that their "people investment" isn't paying off. And the worst part? We blame HR for it. I’ve mentored some of the brightest HR minds in this country…sharp, driven, deeply committed to impact. But they often carry this quiet frustration: “We’re asked to deliver change, but not empowered to lead it.” This isn’t just unfair. It’s ineffective. We're wasting brilliant minds on impossible missions. The CHROs I know aren't just order-takers. They're strategic thinkers who understand that people performance drives business performance. They see connections between culture and revenue that most leaders miss. But we've reduced them to administrative executors of someone else's vision. The companies getting this right have figured out something fundamental: HR isn't a support function that implements people policies. It's a strategic driver that shapes business outcomes. So, to every founder, CXO, and board member reading this: If you want your people strategy to succeed, stop asking HR to drive change from the passenger seat. Give them the steering wheel, or accept that you'll keep going in circles. Because the future of your culture depends on it. #leadership #hrchallenges #hrstruggles
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70% of change initiatives fail. (And it's rarely because the idea was bad.) Here's what actually kills transformation: You picked the wrong change model for the job. It's like performing surgery with a hammer. Sure, you're using a tool. But it's the wrong one. I've watched brilliant CEOs tank their companies this way: Using individual coaching (ADKAR) for company-wide transformation. Result: 200 people change. 2,000 don't. Running a massive 8-step program for a simple process fix. Result: 6 months wasted. Team exhausted. Nothing changes. Forcing top-down mandates when they needed subtle nudges. Result: Rebellion. Resentment. Resignation letters. Here's what nobody tells you about change: The size of your change determines your approach. Real examples from the field: 💡 Startup pivoting product: → Used Lewin's 3-stage (unfreeze old way, change, refreeze) → 3 months. Clean transition. Team aligned. 💡 Enterprise going digital: → Used Kotter's 8-step process → Created urgency first. Built coalition. Enabled action. → 18 months later: $50M in new revenue. 💡 Sales team adopting new CRM: → Used Nudge Theory → Made old system harder to access → Put new system as browser homepage → 95% adoption in 2 weeks. Zero complaints. The expensive truth: Wrong model = wasted months + burned budgets + broken trust Right model = faster adoption + sustained results + energized teams Warning signs you're using the wrong model: • High activity, low progress • People comply but don't commit • Changes revert within weeks • Energy drops as you push harder • "This too shall pass" becomes the motto Match your medicine to your ailment: Small behavior change? Nudge it. Individual performance? ADKAR it. Cultural shift? Influence it. Full transformation? Kotter it. Enterprise overhaul? BCG it. Stop treating every change like a nail. Start choosing the right tool for the job. Your next change initiative depends on it. Your team's trust demands it. Your company's future requires it. Save this. Share it with your leadership team. Because the next time someone says "people resist change," you'll know the truth: People don't resist change. They resist the wrong approach to change. P.S. Want a PDF of my Change Management cheat sheet? Get it free: https://lnkd.in/dv7biXUs ♻️ Repost to help a leader in your network. Follow Eric Partaker for more operational insights. — 📢 Want to lead like a world-class CEO? Join my FREE TRAINING: "The 8 Qualities That Separate World-Class CEOs From Everyone Else" Thu Jul 3rd, 12 noon Eastern / 5pm UK time https://lnkd.in/dy-6w_rx 📌 The CEO Accelerator starts July 23rd. 20+ Founders & CEOs have already enrolled. Learn more and apply: https://lnkd.in/dwndXMAk
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For years, the biggest players in CPG and FMCG—Unilever, Nestlé, Kraft Heinz—built their empires on food. But now? They’re making a massive pivot..if you had told me 5 years ago that these brands would be pulling back from food, I would’ve raised an eyebrow. -Unilever is cutting loose its $8 billion ice cream division, choosing to focus on higher-margin beauty and wellness. -Nestlé is doubling down on health-science-based nutrition as food brands struggle with pricing power. - #CPG giants are seeing stronger growth in self-care, supplements, and skincare than in traditional food categories. The global personal care market is expected to hit $758 billion by 2030, while processed food growth slows. Why This Shift? 1. Margins in food are shrinking. Consumers are trading down, private labels are winning, and inflation-wary shoppers aren’t absorbing cost hikes like they used to. 2. Health & wellness are driving premiumization. Customers will pay more for skincare, supplements, and functional beverages—but not for basic pantry staples. 3. Brand loyalty in food is eroding. Over 50% of consumers are comfortable switching food brands based on price, but loyalty remains strong in beauty, healthcare, and wellness. Winning Brands Are Already Moving: -L'Oréal’s skincare division posted 9.1% revenue growth last year, while traditional CPG food brands saw single-digit declines. -The Coca-Cola Company is investing in functional drinks and non-carbonated wellness categories to stay relevant. -PepsiCo’s biggest success? Gatorade’s expansion into hydration and performance-based drinks, not soda. CPG Leaders: ✅ Stop thinking of food as the core driver of growth. Instead, align with evolving consumer behavior. ✅ Invest in personalization, self-care, and functional health. That’s where demand (and pricing power) is strongest. ✅ Rethink your brand mix. Is your portfolio weighted toward categories that will still be relevant in 5-10 years? So, here’s my question to FMCG execs: Are you future-proofing your brand strategy—or just managing decline? Let’s talk. #FMCG #CPG #ConsumerTrends #GrowthStrategy #Beauty #Wellness #RevenueShift #BrandEvolution "
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The ‘So What?’ Rule How to Make Senior Leaders Listen You have less than 3 minutes to make an impression. That’s how long senior executives take to decide whether to engage with you or move on. If your message isn’t clear, concise, and compelling, you’re forgettable. Here’s how to command attention in high-stakes conversations with senior leaders: 1. Start with the End in Mind ↳ Before you speak, define the exact outcome you want. ↳ This keeps you focused, prevents detours. 2. First 30 Seconds: Get to the Point ↳ Don’t bury your message - start with the ‘so what?’ ↳ Lead with the key insight or ask, then expand. 3. Structure Your Message Using the 3C Framework ↳ Clear, Concise, Compelling - cut unnecessary details. ↳ Use bullet points, data, short narratives. 4. Frame It from Their Perspective ↳ Senior leaders value impact, risk, and RO - focus there. ↳ Speak their language - align with their priorities. 5. Energy > Words ↳ Confidence isn’t just what you say - it’s how you say it. ↳ Pace yourself, lower your pitch slightly. 6. Anticipate and Address Pushback ↳ Think ahead - what objections might they raise? ↳ Have clear, direct responses ready for challenges. 7. Don’t Over-Explain ↳ After making a key point, pause. ↳ Choose that over nervous rambling. 8. Stories & Data > Opinions ↳ Senior leaders trust evidence - not personal opinions. ↳ Use metrics, industry insights, real-world examples. 9. Handle Pressure Tactically ↳ Need time to think? Avoid filler words. ↳ Instead, say: "That’s a great question - here’s how I’d approach it…" 10. Lead with Solutions ↳ Senior leaders value problem-solvers, not complainers. ↳ Pair every issue you raise with solutions or trade-offs. 11. Close with a CTA ↳ End with clear next steps or a call-to-action. ↳ Avoid vague endings - be specific on what's next. The clearer you are, the faster they trust you. You already have the expertise, now make it impossible to ignore. What’s one thing everyone should do before speaking to executives? Let me know in the comments. ♻ Repost to help your network master executive communication. ➕ Follow me (Meera Remani) for high-impact leadership strategies
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Most changes fail, especially if they are complex. But why? The Lippitt-Knoster model explains exactly why you don’t get what you want. Making changes is notoriously difficult, especially if they are substantial and complex. In response, there are many change management approaches and step-by-step instructions for managing change. But, to manage change, it is essential to first understand it. Once we know the key ingredients of a successful change, we know what it takes to make it. Even more importantly, once we know these ingredients, we also know WHY a change fails, so that we can do something about it. According to the Lippitt-Knoster Model for Managing Complex Change, a complete change effort requires the following six ingredients: 👉 Vision: sets the direction and explains why the change is needed 👉 Consensus: creates alignment and commitment for the change 👉 Skills: outlines the skills and expertise needed to realize the change 👉 Incentives: creates the motivation and drive to make the change 👉 Resources: enables the change with the needed time, money and tools 👉Action Plan: clarifies the roadmap and steps for realizing the change All six are needed. Consensus was added later by Knoster and it’s not so clear if both originators agree. Yet, I find it essential for any change to be successful, so you need all six. If you miss one you don’t get the change you want. ❌ Miss Vision and you get Confusion ❌ Miss Consensus and you get Sabotage ❌ Miss Skills and you get Anxiety ❌ Miss Incentives and you get Resistance ❌ Miss Resources and you get Frustration ❌ Miss Action Plan and you get False Starts So, here is what it takes to make a successful (complex) change: Step 1: Vision. Create and share a clear vision of the change and why it is needed. What will the new situation look like? Step 2: Consensus. Engage people across the organization to gather input and align their viewpoints in line with the vision. Step 3: Skills. Identify which skills are needed, provide the necessary training, upskill or attract people with the right skills. Step 4: Incentives. Understand what motivates people and create the right mechanisms for intrinsic and extrinsic motivation. Step 5: Resources. Reserve enough time and money for making the change and obtain the necessary tools, technologies and other resources. Step 6: Action Plan. Develop a high-level roadmap and detailed action plan that outlines the priorities, order and steps for making the change. === Want to create true and lasting change? Then the Certified Strategy and Implementation Consultant (CSIC) program may be something for you. For more information and registration for the September 2024 cohort of this exciting program, and booking a call with our enrollment advisor, visit our website strategy.inc.
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In companies where productivity has increased by 50%, creativity has doubled, and employee satisfaction is at an all-time high, one surprising change stands out: ditching the outdated obsession with time tracking. Too many managers are stuck in an outdated paradigm, fixating on: • When employees clock in • How long they sit at their desks • Micromanaging daily schedules But we’ve hired smart, capable professionals. Treating them like children who need constant supervision is not just demeaning – it's counterproductive. However, it's crucial to maintain a balance. While micromanagement is detrimental, companies still need to ensure discipline and focus on key priorities. The goal is to empower employees while aligning their efforts with organizational objectives. That’s why one needs to focus on result-focused management: 1. Shift your metrics: Focus on project milestones, work quality, and client satisfaction instead of hours logged. 2. Embrace flexibility: Allow flexible hours and remote work when possible. Trust employees to manage their time effectively. 3. Cultivate a culture of trust: Communicate openly about priorities and challenges. Reward results, not face time. Promote work-life balance and well-being. Companies like Netflix, Basecamp, and Atlassian have implemented results-only work environments (ROWE) with remarkable success. They report higher employee engagement, better outcomes, and a more dynamic, innovative workplace culture. What's one positive outcome you've experienced (as a manager or employee) when given more autonomy at work? #Leadership #EmployeeEmpowerment #WorkplaceCulture
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I had initially decided I wasn’t going to post about Amazon’s RTO mandate because there was already so much noise, but the more I hear of current employee reactions and experiences, the more I am compelled to add my thoughts to the conversation. Because I don't believe that the backlash from employees about Amazon’s RTO mandate is about remote work. Instead, it's about a profound breach of trust they are feeling, shaking the foundation of #employeeengagement and #employeeexperience at Amazon. Where and how did the trust get broken? A few examples I have been hearing from current employees… 💔 Employees who were hired in the last few years during a time of heavy remote work, hired under the guise that their roles would always be remote, feel that the trust has been broken because this is not the expectations they agreed to. 💔 Employees who first heard about the RTO from the news instead of their own leadership feel like they can no longer trust their leaders for open communication and transparency. 💔 Employees who have altered their lives as a result of remote work now have to upend them (again), making them feel unheard and uncared for, another breach of trust. Trust is the cornerstone of any successful organizational culture. Trust is what drives innovation and collaboration, organizational commitment, and high performance. It takes time to build but can be broken in an instant. And when trust is broken, it reverberates through every aspect of the employee experience, making people doubt your decisions and motives, making them anxious for the next change, making them wonder if they belong. They become suspicious. And suspicious people aren't engaged or productive. That's what we are seeing with these Amazon employees. It's not about WHERE they work, it's about how they feel they have been treated and the mistrust they now feel. As Amazon moves forward, it will be interesting to see if and how they prioritize rebuilding this trust by fostering open communication, honoring commitments, and demonstrating genuine care for employee well-being. #iamtalentcentric
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Introducing the Music Tech Ownership Ouroboros, 2025 edition ✨ The music-tech sector has come of age. What started as a relatively niche investment thesis five years ago has matured into a powerhouse market segment, drawing tens of billions in capital since 2020. For five years, we at Water & Music have been mapping these shifting power dynamics through our “Music Tech Ownership Ouroboros” — a living document that traces the complex web of investments, ownership stakes, and strategic acquisitions shaping music and tech. Our latest update adds over 30 new relationships to the map, primarily from growth investments and M&A deals in 2024. The takeaway: Private equity firms and major labels are locked in a battle for control over independent music infrastructure. As indie market share keeps climbing, owning the tech backbone is becoming as valuable as owning the actual rights. Highlights from 2024 include: - Hellman & Friedman's majority stake in Global Music Rights — making GMR the third PRO owned by a private equity firm - Virgin Music Group's acquisitions of Downtown Music ($775M), [PIAS], and Outdustry - Flexpoint Ford's growth investments in Create Music Group ($165M) and Duetti ($34M) - KKR's acquisition of Superstruct Entertainment ($1.4B) and debt financing in HarbourView Equity Partners ($500M) - EQT Group and TCV's co-ownership of Believe (alongside CEO Denis Ladegaillerie), as part of taking Believe private - Vinyl Group's acquisitions of Serenade, Mediaweek Australia, Funkified Events, and Concrete Playground Link to the full interactive chart with sources is in the comments. Would love to hear what you think, and if any of these deals feel particularly standout or surprising to you! #musicbusiness #musicindustry #musictech #privateequity #musicinvestment #musicrights
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𝗧𝗼𝗱𝗮𝘆, 𝗣𝗠𝗜 𝗿𝗲𝗹𝗲𝗮𝘀𝗲𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗿𝗲𝘀𝘂𝗹𝘁𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝘀𝘁𝘂𝗱𝘆 𝘄𝗲’𝘃𝗲 𝗲𝘃𝗲𝗿 𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗲𝗱 - 𝗼𝗻 𝗮 𝘁𝗼𝗽𝗶𝗰 𝘁𝗵𝗮𝘁 𝗶𝘀 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝘁𝗼 𝗼𝘂𝗿 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻: 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗦𝘂𝗰𝗰𝗲𝘀𝘀. 📚 Read the report: https://lnkd.in/ekRmSj_h With this report, we are introducing a simple and scalable way to measure project success. A successful project is one that 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘀 𝘃𝗮𝗹𝘂𝗲 𝘄𝗼𝗿𝘁𝗵 𝘁𝗵𝗲 𝗲𝗳𝗳𝗼𝗿𝘁 𝗮𝗻𝗱 𝗲𝘅𝗽𝗲𝗻𝘀𝗲, as perceived by key stakeholders. This clearly represents a shift for our profession, where beyond execution excellence we also feel accountable for doing anything in our power to improve the impact of our work and the value it generates at large. The implications for project professionals can be summarized in a framework for delivering 𝗠𝗢𝗥𝗘 success: 📚𝗠anage Perceptions For a project to be considered successful, the key stakeholders - customers, executives, or others - must perceive that the project’s outcomes provide sufficient value relative to the perceived investment of resources. 📚𝗢wn Project Success beyond Project Management Success Project professionals need to take any opportunity to move beyond literal mandates and feel accountable for improving outcomes while minimizing waste. 📚𝗥elentlessly Reassess Project Parameters Project professionals need to recognize the reality of inevitable and ongoing change, and continuously, in collaboration with stakeholders, reassess the perception of value and adjust plans. 📚𝗘xpand Perspective All projects have impacts beyond just the scope of the project itself. Even if we do not control all parameters, we must consider the broader picture and how the project fits within the larger business, goals, or objectives of the enterprise, and ultimately, our world. I believe executives will be excited about this work. It highlights the value project professionals can bring to their organizations and clarifies the vital role they play in driving transformation, delivering business results, and positively impacting the world. The shift in mindset will encourage project professionals to consider the perceptions of all stakeholders- not just the c-suite, but also customers and communities. To deliver more successful projects, business leaders must create environments that empower project professionals. They need to involve them in defining - and continuously reassessing and challenging - project value. Leverage their expertise. Invest in their work. And hold them accountable for contributing to maximize the perception of project value at all phases of the project - beyond excellence in execution. 📚 Please read the report, reflect on its findings, and share it broadly. And comment! Project Management Institute #ProjectSuccess #PMI #Leadership #ProjectManagementToday