• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
LeadershipPower Sheet

Power Sheet – December 24, 2015

By
Geoff Colvin
Geoff Colvin
and
Ryan Derousseau
Ryan Derousseau
Down Arrow Button Icon
By
Geoff Colvin
Geoff Colvin
and
Ryan Derousseau
Ryan Derousseau
Down Arrow Button Icon
December 24, 2015, 10:30 AM ET

Just a short note today, as we head into our holiday break, recommending our new ranking of the 50 Best Workplaces for Camaraderie. Collaboration and teamwork are the group skills that every organization yearns for now, and these are the companies that have mastered them. A few of them are big and famous – Boston Consulting Group, SAS – but most of them are little outfits you’ve never heard of.

Read the profiles and you’ll quickly notice a powerful theme. “We spend every day ensuring others on our team succeed. It’s just the way Elixiter works. We don’t compete, we succeed as an entire team,” says an employee of Elixiter, a marketing firm in Bozeman, Montana. Many employees of these companies use the word “family” and talk about all the things they do together outside of work. Maybe you’re skeptical or even cynical about such talk. You have good reason to be. But at these firms it seems to be genuine.

Note also the companion article called “What Business Can Learn From the Golden State Warriors.” If you’re not a hoops fan, know that this team is worth studying because it’s the reigning NBA champion and opened this season with 24 straight wins, the best season start of any major U.S. professional sport ever. What’s their secret? It’s not a secret. They’re happy to tell you. “It’s a brotherhood,” says Warriors forward Marreese Speights. “We support every guy that steps on the court, whether it’s 30 minutes or two minutes. Everybody gets the same love.”

Lots of business leaders are really uncomfortable with the word “love.” But I’ve noticed that some of the greatest have used it regularly. My favorite example is Southwest Airlines co-founder and former CEO Herb Kelleher. For years, Southwest called itself “the airline that love built,” and its ticker symbol is still LUV. Yes, I know that’s partly because the company began by operating out of Dallas’s Love Field (named after an early military aviator). But Herb has always been comfortable talking about love in a business context, and it’s no coincidence that Southwest embodies the collaborative culture that every organization wants now.

The lesson that emerges is one that you don’t hear very often. As technology becomes central to the success of every business, you can’t help wondering if just maybe love is increasingly the key to making it all work. And what better message for this time of year?

See you on January 4. I wish you the happiest, most restful of holidays.

You can share Power Sheet with friends and followers here.

What We're Reading Today

Staples blasts government in Office Depot decision

In a court filing, Staples called the Federal Trade Commission's decision to block the merger between the two office-supply companies "misguided" and "fundamentally flawed." Ron Sargent's company argued that the combined company would face stiff competition from Amazon in the corporate services market. Fortune

U.S. posts rare warning to travelers in Beijing 

The British, French, and Australian embassies have followed, saying there's a credible threat of violence against Westerners visiting a popular shopping district in Beijing. President Xi Jinping and Chinese authorities are aware of the concerns; with many shoppers expected this week, the government has already beefed up security at malls around the country. CNN

Honda and Takata discussed airbag troubles 5 years ago

Newly unsealed court documents show that Honda's head of U.S. manufacturing operations grilled Takata president Shigehisa Takada about airbag problems at a meeting in 2009. The meeting came two months after the first death linked to the airbag occurred, and Takada claimed the problem was limited in scope. Some 19 million vehicles have since been recalled, and the National Highway Traffic Safety Administration linked an eighth death in the U.S. to the airbags on Wednesday. NYT

Illinois AG says daily fantasy sports are illegal gambling

Attorney General Lisa Madigan said state law prohibits the online games even if they involve skill. New York and Nevada already maintain that daily fantasy sports are illegal. Illinois's action is another blow to Nigel Eccles's FanDuel and Jason Robins's DraftKings, as the state has the third-highest number of daily fantasy players. It's unclear how the two companies will proceed in the state.  ESPN

Building a Better Leader

Is it time to find another job in 2016?  

Listen to what coworkers say. If they're disguntled (or getting fired), it might be time to look. Seattle Times

Getting an MBA isn't necessarily all that great

You may learn better business values working at a well-run business. Fortune

More managers are firing employees...

...for shopping on the job. The rate has risen from 1-in-12 managers saying they've done so to 1-in-8.  USA Today

Worth Considering

Abercrombie & Fitch moves forward without a CEO

The retailer suspended its search for a new chief executive; a group of executives have been managing the company's turnaround since Mike Jeffries stepped down a year ago. The board has just promoted Hollister President Fran Horowitz to A&F's chief merchant, putting her on the inside track to become CEO.  Fortune

Online cuts into mall sales as holidays approach

Even last minute shoppers turned online to make their final purchases. Physical store sales fell 6.7% last weekend while mall traffic declined 10.4%. Fred Smith's FedEx said it's working "round-the-clock" to fill orders and assures customers that if packages were ordered by their deadlines, they should be delivered by Christmas. WSJ

Jeb Bush and Chris Christie's new tactic in N.H: guilt

Bush and Christie, trying to convince voters to support anyone but Donald Trump, are emphasizing New Hampshire's importance as the first primary state. Its voters bear a heavy responsibility, the candidates tell them. Even if the argument proves convincing, of course, Bush and Christie may not get the votes. NYT

Fortune Reads and Videos

Hyatt Hotels hit by hack

The company discovered malware on computers the company uses for payment processing. It's unclear how many customers were affected. Fortune

A return to the old ways in 2015

In a struggle between old power and new power, old power -- think Vladimir Putin, for example, prevailed. Fortune

The Vatican didn't enjoy Star Wars: The Force Awakens

The Vatican newspaper called it "confused and hazy." You can't win 'em all.  Fortune

The biggest gainers in the Fortune 500 this year...

...include Netflix and JetBlue. Fortune

Happy Birthday

New Canadian Prime Minister Justin Trudeau turns 44 on Friday.  Biography

Karl Rove, former White House adviser to George W. Bush, turns 65 on Friday.  Biography

Share Today's Power Sheet: 
http://fortune.com/newsletter/powersheet/

Produced by Ryan Derousseau
@ryanderous
powersheet@newsletters.fortune.com
About the Authors
Geoff Colvin
By Geoff ColvinSenior Editor-at-Large
LinkedIn iconTwitter icon

Geoff Colvin is a senior editor-at-large at Fortune, covering leadership, globalization, wealth creation, the infotech revolution, and related issues.

See full bioRight Arrow Button Icon
By Ryan Derousseau
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

How the World Cup is a high-stakes stage for Big Tech’s AI push
NewslettersCIO Intelligence
How the World Cup is a high-stakes stage for Big Tech’s AI push
By John KellJune 10, 2026
2 hours ago
Anthropic accused of ‘secret sabotage’ as Claude Fable 5 silently limits capabilities for AI researchers and developers
AIAnthropic
Anthropic accused of ‘secret sabotage’ as Claude Fable 5 silently limits capabilities for AI researchers and developers
By Sharon GoldmanJune 10, 2026
3 hours ago
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI buildout
Future of WorkMeta
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI buildout
By Jacqueline MunisJune 10, 2026
4 hours ago
Xbox CEO Asha Sharma
SuccessCareers
Xbox’s CEO spent her early career taking out trash and selling coupon books—she says the secret to her rise was never obsessing over a dream career
By Preston ForeJune 10, 2026
6 hours ago
Boris Cherny, Head of Claude Code
SuccessHiring
The architect behind Claude Code reveals the three things Anthropic looks for in a good hire—and why people with low ego are a must
By Emma BurleighJune 10, 2026
6 hours ago
Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada 2’ came—so she demanded they double her salary or nothing
SuccessThe Promotion Playbook
Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada 2’ came—so she demanded they double her salary or nothing
By Orianna Rosa RoyleJune 10, 2026
7 hours ago

Most Popular

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
2 days ago
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
By Nick LichtenbergJune 9, 2026
1 day ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
2 days ago
Current price of oil as of June 9, 2026
Personal Finance
Current price of oil as of June 9, 2026
By Joseph HostetlerJune 9, 2026
1 day ago
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
Investing
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
By Eva RoytburgJune 9, 2026
24 hours ago
Current price of silver as of Tuesday, June 9, 2026
Personal Finance
Current price of silver as of Tuesday, June 9, 2026
By Joseph HostetlerJune 9, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.