Why Being Great at Your Job Won’t Make You a Great CEO
The best salesperson gets promoted to sales director. The top engineer becomes head of engineering. The star accountant takes over finance. And then, eventually, someone decides that the most impressive performer in the building should run the whole company. It…
Competition Intensifies in Latin American Fitness Market
Latin America’s fitness industry experienced increasing competition during 2024 as both established operators and new entrants expanded across the region. Edgard Corona maintained Smart Fit’s position as the largest chain with 1,743 facilities, but competitors including Bodytech, Fit Life, and…
Innovation and Excellence: The Core Principles Behind Michael Polk’s Strategy at Newell Brands
Michael Polk, a prominent figure in corporate leadership, has significantly influenced the trajectory of Newell Brands through his innovative management strategies and a focus on reinvention. His tenure at Newell Brands serves as a compelling case study illustrating how effective…
Velocity Acquisition Marks Smart Fit’s R$ 183 Million Push Into Specialized Fitness Studios
Smart Fit has completed its acquisition of Velocity, the specialized indoor cycling studio chain, for approximately R$ 183 million. This strategic purchase represents a significant step in Edgard Corona’s vision to transform Smart Fit into a comprehensive wellness platform that…