Put the “I’m eating healthier this year” thing to bed already and get yourself on a plane to France: Two chefs, a cheesemonger, and a YouTuber in Lyon prepared for five months to craft a pizza topped with 1,001 different types of cheese. Baked last week in front of Guinness World Record judges, the resultant monstrosity looked more like a top hat than a pizza and probably smelled weird as hell — still, who among us wouldn’t try a bite?
In today’s email:
The CEO conundrum: How can they better motivate employees?
$300k for a fish?: Behind the ultimate aquarium status symbol.
Burger King: Using facial recognition tech on hungover customers.
Around the web: How to spot BS, a word-finding game minus vowels, a friendly pup, and more.
👇 Listen: When motivational CEO-speak completely misses the mark.
THE BIG IDEA
Its 2024, and CEOs and employees are back at it again
As illustrated by Wayfair CEO Niraj Shah’s memo, the top dogs want hard work. But employees just aren’t motivated.
2024-01-03T00:00:00Z
Juliet Bennett Rylah
Corporate life has changed significantly since the pandemic, with a greater push for remote work, flexibility, and work-life balance.
Unless you’re Wayfair CEO Niraj Shah, who recently sent employees a memo asking them to not “shy away” from long hours, “blending work and life,” and “being responsive.” Laziness, he noted, is rarely rewarded with success.
How’d that go over?
While Shah’s memo was ridiculed across social media, it resonated among many business leaders frustrated with “quiet quitting” and worried about economic uncertainty, per The Wall Street Journal.
Yet, for employees, motivation remains low. One study found US worker motivation and engagement had dropped in August to its lowest point since June 2022.
Why? Well, a few possibilities:
Despite rising wages, everything is still expensive; homeownership remains out of reach for most average earners. Meanwhile, in 2022, CEOs earned 344x more than the average worker.
Success for whom? In January 2023, Shah told employees that Wayfair, which experienced significant pandemic growth, had grown too large and was laying off ~1.7k workers. This most recent memo noted it’d become profitable again.
Women were found to be less motivated than men, likely due to extra caretaking obligations at home, perFortune.
A disconnect felt across both remote and in-person employees.
Recognition, however, was found to result in a 9% productivity jump and a 22% dip in absenteeism. And former Panera Bread CEO Ron Shaich thinks that having therapists in the C-suite could help leaders understand that, no, employees don’t care about making money for shareholders.
That said, we fully expect this push-and-pull to continue in 2024, and to plague us with even more alliterative buzz terms.
Free Resource
Stop loafing, start completing projects
“Let’s get a rundown on this important project you’ve been working on.”
Don’t panic — that was practice.
But the next time we inquire, please don’t be huffing and bluffing. Just pull up this project management doc, where we’ve already tidied up targets and tasks for everyone’s convenience. Wow.
A simple, three-part PM template for:
Preplanning
Getting shit done
Analyzing afterward
Another freebie by HubSpot, for increased organization.
United Airlines and New Year’s Eve celebrations apparently don’t mix well. The airline promoted a “time travel” flight that took off Jan. 1 in Guam and landed Dec. 31 in Honolulu — but the flight was delayed, landing past midnight Hawaiian time. This was just one year removed from a quirky LA-to-Sydney United flight that was diverted for technical reasons, never experiencing midnight.
SNIPPETS
Electrifying: China’s BYD beat out Tesla with 525.4k EVs sold in the last quarter of 2023. Tesla clocked in at 484.5k EV sales, but remains the reigning champ with a total of 1.8m cars sold last year.
Speaking of EVs: The Norwegian Road Federation reported that 82.4% of the country’s new car sales in 2023 were electric, up from 79.3% in 2022. Tesla was Norway’s top-selling EV maker, followed by Toyota and Volkswagen.
Aggravated battery: Rivian shares dipped after it missed its Q4 delivery expectations, getting less than 14k electric trucks on the road (10% fewer than Q3). Execs claim to have enough cash on hand to float Rivian through 2025, but some analysts are growing dubious.
A $2.2B stockpile of Pfizer’s covid drug, Paxlovid, is going to expire by the end of February, as demand for the drug continues falling in Europe and the UK.
Running with scissors: Nike’s plan to get “back on [its] front foot” after a wobbly 2023 involves cutting $2B in expenses over the next three years, including an unspecified number of layoffs.
Wiz kid: “Harry Potter and the Cursed Child” beat its own Broadway record for a nonmusical production last week, grossing $2.7m+ in weekly ticket sales. The show has put $330m+ into Gringotts since its July 2016 premiere.
Naturally, there’s already a horror movie in the works about a killer Mickey, given Steamboat Willie’s public domain debut. It’s called… Mickey’s Mouse Trap.
Don't miss this...
Using AI in media will continue to trend in 2024, but HubSpot’s VP of Media thinks it’s time we take it to the next level. Read his hot take in this week’s Trends.
Something Fishy
The world’s most expensive pet fish
On a foggy morning in February 2017, federal agents in an unmarked car pulled over a white Toyota Corolla in Orange County, California.
Guns at the ready, they cautiously approached the vehicle.
In the driver’s seat sat Shawn Lee, a 29-year-old clad in a black baseball cap. As the agents drew closer, they could see that he was cradling a large plastic bag.
Inside this bag was the subject of the manhunt. It wasn’t a brick of heroin, an illicit firearm, or a bundle of dirty money.
“What’ve you got in there?” one of the agents asked.
“Fish,” said Lee.
And not just any fish: eight writhing Asian arowana — the world’s most valuable aquarium pet.
How did this fish become such a hot commodity? Who controls the market? And why is it illegal on US soil?
Hungover? Burger King’s facial recognition tech has a deal for you
The fast-food brand’s newest ad campaign turns your pain into a free burger.
2024-01-03T00:00:00Z
Sara Friedman
For those of us still reeling from indulging in a little too much eggnog, we know that hangovers include many things: dizziness, nausea, sensitivity to light…
What they usually don’t include, though, is a discount.
Burger King Brazil is making that right with its Hangover Whopper marketing campaign. The promotion is accessible through a microsite and the Burger King mobile app, per Marketing Dive:
The site uses facial recognition tech to scan a customer’s face, detect their hangover level, and dole out a discount.
There are three levels of hangovers, corresponding to a coupon for a Whopper Jr. Double, Whopper, or Whopper Double.
Hangover selfies can also be shared on social media for all the world to see.
The campaign, created with creative agency DM9 to sync up with holiday hangovers, wrapped up yesterday.
Burger wars
The promotion isn’t the first time the chain has used technology to attract customers and unseat its competitors — McDonald’s, in particular — and it won’t be the last.
Burger King Brazil has unleashed some pretty memorable ad campaigns:
In 2019, it launched an augmented reality mobile app that let users set fire to its competitors’ ads in return for a free Whopper.
In 2023, it clapped back at a McDonald’s campaign with a ChatGPT-generated billboard of its own.
And the hangover stunt is likely just the first of many tech-powered campaigns we’ll see in 2024, with brands across industries already experimenting with AI.
There was Coke’s AI-generated Y3000 flavor, Sephora’s augmented reality makeup app feature, and Doritos’ AI-powered crunch-cancellation gaming software.
Speaking of artificial: may we never forget the sight of a Whopper covered in mold to announce Burger King’s removal of artificial ingredients.
AROUND THE WEB
🔴 On this day: In 2004, the Mars Exploration Rover “Spirit” made a safe landing on Mars, where it surveyed the planet’s geography for seven years.
🧠 Game:Figure out the correct word with only the consonants and a category as clues.
👀 Video: Shaan Puri and Sam Parr’s 2023 Milly Awards, AKA the Oscars for business people.
🔎 How to:Spot bullshit using Carl Sagan’s “Baloney Detection Kit.”