
- In today’s CEO Daily: Leadership and life lessons from the former CEO of Alcoa and Siemens.
- The big story: The world waits for Powell’s swan song Jackson Hole address.
- The markets: China is up amid mixed performance in global markets.
- Plus: All the news and watercooler chat from Fortune.
Good morning. Geoff Colvin here, sitting in for Diane. In these waning days of summer, in which CEOs and other hard-charging executives observe an unwritten pact to take it easy, or at least easier, they face a rare opportunity to think large thoughts. An appropriate beach book for them, offering hefty thoughts decidedly relevant to businesspeople, would be Leading to Thrive by Klaus Kleinfeld. The former CEO of Alcoa and Siemens now spends his days investing in not-yet-public companies while also mentoring CEOs and helping his daughters run their probiotics company (he started his career in the pharmaceutical industry). But he also burned to write a book “by a practitioner for practitioners” and to “separate the theories that sound good from those that work well in the real world.”