The Strategist
Management & Strategy

Basic management problems and how to deal with them - 09/23/2016

All managers are different yet they all have similar problems. How to evoke a sense of responsibility among employees? What to do with work avalanche? Do I need to be friendly with subordinates? Manager with years of experience Denny Strigl and business consultant Frank Swiatek tried to answer the most important questions in their book ‘Managers, Can You Hear Me Now?’. A few tips you can use...

Buffett lost 1.4 billion during fall of Wells Fargo - 09/14/2016

Wealth of American billionaire Warren Buffett decreased by $ 1.4 billion since Wells Fargo & Co’s share price dropped by 3.3%. The fall occurred amid a scandal around the bank's employees, who opened more than 2 million accounts without consent of customers, reports Bloomberg. At the close of trading, shares of Wells Fargo were traded at $ 46.96 per share. This reduced market cap of the bank...

Amancio Ortega: Doing business just for money is a waste of time - 09/12/2016

Amancio Ortega, a founder of Inditex holding (Zara, Pull & Bear and Massimo Dutti), outflanked Bill Gates in Forbes’ ranking of richest billionaires in the world. According to the newspaper, his wealth was $ 78 billion on the Friday night, which is $ 100 million more than that that of Microsoft’s co-founder. According to Forbes, it’s not the first time when Ortega has got ahead. This happened...

Lego is investing in expansion. What's the plan? - 09/07/2016

In the first half of the year, Lego’s profits decreased by 1.8% and amounted to 3.5 billion Danish kroner (523 million dollars). The Danish company said it has become a victim of its own popularity. Demand for well-known Lego toys was so huge that the company couldn’t cope with influx of orders. The group decided to expand production capacity and hire additional staff in China, Mexico and...

Ten skills that will be needed in 2020 - 08/25/2016

A few months ago, participants of the World Economic Forum in Davos named a list of skills that will be popular in 5 years. What the experts say? Let's look and see what's what. 1. Complex problem solving. The most popular will be those who practice a system, holistic approach to solving any problems; fight with not consequences but causes of problems. 2. Critical thinking. Critical thinking,...

Japanese Sharp takes a new course - 08/22/2016

Japan's Sharp Corporation will hold a large-scale restructuring to return the business to a profitable level, and restore confidence in the consumer electronics brand. New CEO of Sharp Tai Jeng-wu said that his mission "as Sharp’s leader is to turn situation in the company for better without delay".  Tai Jeng-wu chaired Sharp after Taiwan's Foxconn Technology Electronics bought the...

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...
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