PowerPoint is not very good at creating line breaks in a shape. With lots of space left, it breaks your long word (&lquo;management” is a favourite) to the next line. Two things you can do:
  1. Right click the shape, hit format shape, select text box and un-tick the wrap-text-in-shape box. Now you can make your own line breaks
  2. For bigger fonts a 1.0 leading between lines is too much. Select the shape, click format, go to paragraph, and set the line spacing to multiple and put in the value 0.8 or 0.9 instead of 1.0.