How to stay a step ahead
We asked the brightest minds in business how they do what they do – and how you can cash in on their advice in the coming year.
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Brad Anderson
Brad Anderson
CEO, Best Buy
Make Gender Parity Pay
Women are redefining the consumer electronics business. They spend more than $55 billion each year on consumer electronics and influence 90 percent of all purchases. You've got to be crazy to not pay attention to that. The challenge, then, is how do you change to be more appealing to such an important group of customers?

The easiest way to do that? Leverage the insights of the thousands of women who work for the company! They are your greatest resource. Most businesses underutilize the perspectives of employees who are dying to be heard and hungry to make the business better. In our case, the talent in our stores absolutely needs to reflect our communities. That means about half of the employees in each of our stores should be women - a goal Best Buy is still trying to meet. In fact, we've seen a dramatic increase in comparable stores where there is good parity between male and female employees.
 What do you think it will take in 2007 to succeed in business? E-mail the editors here.
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.