Tame the Mobile Beast Christie Hefner's Secrets to Business Success
In this episode of Masters of MAX, host Tom Butta welcomes Christie Hefner, the esteemed former chairman and CEO of Playboy Enterprises. As the longest serving female CEO of a U.S. publicly traded company, Christie led Playboy’s expansion from print to cable TV to online, mobile and ecommerce, massively growing revenue including global retail sales reaching nearly a billion dollars in her last year at the helm.
Throughout the interview, Christie discusses the importance of embracing change and innovation, highlighting the need for businesses to adapt in a dynamic and unpredictable market. She emphasizes the value of a diverse leadership team, sharing examples of how varied perspectives can drive creativity and problem-solving.
Christie also stresses the significance of maintaining a direct relationship with consumers in an ever-evolving marketplace, urging companies to prioritize consumer data ownership to create their own strategic advantage.
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Guest Bio
Christie Hefner is a seasoned professional with more than thirty years’ experience at executive levels in both public and private companies, as well as multiple company directorships. Presently, her portfolio includes advisory work for Newlight Technologies which patented a technology to convert methane into ocean biodegradable plastic and Public Good, an AI-driven digital platform that scalably engages consumers in a brand’s purpose. She also serves on the Advisory Board of the Offutt Companies, a multi-billion-dollar agricultural conglomerate.
Previously, Christie served as Chairman and CEO of Playboy Enterprises for 20 years making her the longest serving female CEO of a U.S. publicly traded company. She was widely credited with developing and leading strategies that repositioned the company from its legacy domestic magazine business to a global multi-media and lifestyle company, massively growing revenue and its brand internationally.. She was on the Fortune 100 Most Powerful Women list for three years.
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Guest Quote
"There is so much research that shows companies outperform when they have diverse leadership. But it doesn't just happen. And if the only people that are working to identify talent are white men, then you're likely to play in that lane because people refer the people they know or they have an unconscious bias towards someone who seems more like them. If you're intentional about it, you'll build a diverse team, and then the question is about making sure all those voices are heard." – Christie Hefner
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Time Stamps
*(01:10) Christie's Legacy
*(04:40) Leading massive change
*(07:49) The power of diverse leadership
*(13:19) Balancing innovation and discipline
*(15:15) Playing to your strengths as a brand
*(20:17) Maintaining your consumer relationships
*(23:29) How Christie generated nearly $1B in global retail for Playboy in one year
*(25:18) The need for more women executives
*(27:56) What Christie is excited for next
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