Management & Strategy
Tesla couldn't uphold more than 20 promises - 08/16/2016
Over the past five years, Tesla has not fulfilled more than 20 promises of its CEO Elon Musk, from item plan to financial results. In particular, Musk initially wanted to present one car model each year after launch of Model S. Yet, crossover Model X was presented in September 2015 - almost two years later than originally planned. Budget-oriented Model 3 was to be released in early 2015, but...
Walmart to introduce a new workflow system - 08/12/2016
Walmart is testing a new planning system of employees engagement. It will notify the staff about upcoming shifts in advance. Thus, the retailer wants to reduce dissatisfaction of employees with unpredictable schedules, and save the wage fund. Walmart, with 1.5 million people working in the company, is the largest private employer in the United States. New work hours management system will be...
How much courage do you need to climb your career ladder? - 08/05/2016
We all know people with a helicopter career. They are entrusted with the most interesting tasks, their limits of authority are wide, and they are first to be promoted. It’s not a surprise. Luck occurs when opportunity meet readiness. Most often, a person with an enviable career is very actively working to move in the right direction. One of the main components of such a movement is a...
MSCI: highly paid CEOs are bad supervisors - 07/27/2016
The most well-paid CEOs often head least efficient companies, shows new study of MSCI. The study examined almost 800 payouts of General Directors of 429 largest US companies during the period from 2005 to 2015. The researchers also took into account income of these companies’ shareholders over the same period. The study found that during 10 years, $ 100, invested in shares of 20% of companies...
Empathy is the new management - 07/08/2016
Until recently, Aaron Gibson, managing one of YMCA’s regional offices, could not call myself a sensitive leader. He regarded himself as a pragmatic leader with high standards. Many employees in dismissals complained of his sharp and unceremonious style of communication. Everything changed after Gibson has got an intensive empathy training. He realized that he did not understand his staff....
Universum: Google is the most attractive employer - 06/29/2016
Universum research firm released a ranking of the world’s most attractive employers for students. In 2016, Google once again took first place in the list of most desirable jobs for students of business, IT and engineering areas. To compile the ranking, Universum’s experts surveyed nearly 267 thousand students from 12 countries - the largest economies in the world. These are Australia, Brazil,...
Brexit threatens wages of bankers - 06/23/2016
If the UK residents vote for the country's withdrawal from the EU, many of London's banks will have to partly transfer their activities to headquarters in continental Europe. This would reduce salaries of bankers, as payoffs in Paris and Frankfurt are much lower than in London. Gap in wages of banks’ top managers is the widest; it exceeds 40% in some cases. According to emolument.com website...
Top 5 most innovative universities in Europe - 06/15/2016
At first glance, the most innovative universities in Europe have little in common. Some of them are Catholic, some are secular state organizations; private institutions are also included in the list. However, there is one common feature: they all emphasize importance of empirical research and applied science against purely academic science. List of the top 100 most innovative universities in...
George Soros is back on the market - 06/09/2016
The US media are reporting that famous investor George Soros returned to the personal participation in auctions after a long hiatus. He started buying gold and shares in gold-mining companies, believing that this way he will be able to coin money in a weak economic activity. Well-known investor and financier George Soros, who have not personally participated in the exchange auctions for several...
Compensations of S&P 500 CEOs are not linked to their companies' performance - 06/08/2016
There are six industries, which include electricity and diversified financial services, where general directors have the highest incomes and yet their companies deliver the worst results. Other seven sectors, including pharmaceuticals and retail trade, are managed the most efficiently but their CEOs are lowest-paid. According to ISS Corporate Solutions, over the past five years yield of...