Management & Strategy
BlackRock: "Golden parachutes" may cause shareholder rebellion - 01/16/2017
BlackRock, one of the world’s leading investment companies, called on British companies to cut huge compensation and pension payments to top managers. BlackRock says that otherwise the companies will be facing a "shareholders’ rebel". Investment company BlackRock has called on the largest British companies to stop paying huge remuneration and pensions to top managers at the expense of ordinary...
How to push aside all obstacles and get the result - 01/13/2017
The best way to achieve success is to get rid of obstacles and constraints that stand in your way. Ask yourself a question: "What exactly is stopping me from moving to the goal?" And eliminate the problem. Greg McKeon explained how to do it properly. Look for a cause, not for a symptom Usually people perform tasks randomly. They react to crises rather than anticipate them. So when problems are...
Yahoo! waves goodbye to Marissa Mayer - 01/10/2017
Yahoo! announced changes after completion of the transaction with Verizon, within which the operator will buy the media giant’s main assets. Yahoo! will part with its general director Marissa Mayer and several other top managers, and, in addition, will change its name to Altaba to be in tact with current situation in the company. After completion of transaction for sale of some of its assets to...
Concentration: The first step to success - 12/09/2016
Psychiatrist and world-renowned expert on ADD (attention deficit syndrome) Edward Hallowell says that ability to concentrate is key to success. In his book "Driven to Distraction at Work" he tells about how to learn to control attention, to see life deeply, understand more and work wisely. Symptoms of attention deficit come unnoticed at first. Usually people start to become irritated over...
Starbucks CEO Howard Schultz goes on a new adventure - 12/02/2016
Starbucks’ CEO Howard Schultz resigns. He is going to create a chain of premium coffee shops, where coffee will be fried on the spot, and a cup of coffee will cost $ 12. Starbucks now has to fight for its place under the sun with premium coffee houses and mass brands. Kevin Johnson will take the lead after Mr. Schultz. On Thursday, the company announced departure of Howard Schultz, CEO of...
How reading habits can make you a billionaire - 11/29/2016
Most entrepreneurs and investors never stop learning. It’s possible to repeat their success by making reading a habit. Science says that reading as much as Warren Buffett and Bill Gates can make you smarter and richer. When Buffett was asked what was the key to his success, he replied: "Read 500 pages every day. So knowledge is formed. It accumulates like compound interest. Any person can do it,...
Don't let your brand get lost in the crowd - 11/25/2016
The "think different" philosophy becomes the mantra of new-age business. How do I create a unique company and win love of customers when the market is saturated? What is a secret of successful branding? Is it possible to keep business away from growing competition? Marty Neumeier, an entrepreneur and successful business consultant of Facebook, Nike, Motorola, Adobe, Apple and the Microsoft, tried...
Warren Buffett invested $ 1.2 billion in aviation - 11/15/2016
As it became known on Monday, investment company Berkshire Hathaway, belongs to billionaire Warren Buffett, invested $ 1.2 billion in three US airlines. As the company reported to the SEC, $ 797 million was invested in American Airlines’ papers, $ 249 million - in securities of Delta Air Lines, and $ 237 million - in the United Continental Holdings. According to CNBC television, Mr. Buffett has...
Wall Street bonuses continue to go down - 11/07/2016
By the end of 2016, Wall Street bonuses could continue falling for the third consecutive year. This trend is reflecting reduction of number of M&A transactions, limited trading activity and lower profitability of hedge funds. According to The New York Times, citing Johnson Associates consulting firm, payments are projected to decrease by 5-10% compared to the previous year. Since 2014, bonuses...
BCG: Pay more attention to your senior-level women - 10/27/2016
A new study by The Boston Consulting Group shows that large and well-known companies often do not pay enough attention to level of involvement of women leaders in the workflow. As a result, their financial performance loses to those companies that actively engage women in the managerial activity. The study named "The Rewards of an Engaged Female Workforce". Experts of The Boston Consulting Group...