Management & Strategy
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...
Five teamwork killers - 10/24/2016
Complete team effort is a cornerstone of any company’s triumph. Unfortunately, managers and employees don’t always succeed in building perfect productive environment to promote growth of the organization. Patrick Lencioni wrote a book about how to fill gaps in workflow and increase effectiveness of your team. Mutual mistrust Trust is foundation of any relationship. Precisely trust gives...
WEF: New technologies will reshape the global labor market - 10/17/2016
According to the World Economic Forum, the global labor market will have created 2 million new jobs by 2020, yet at the same time, 7.1 million will disappear. The new jobs will appear in intellectual and high-tech sectors, while real sector and sphere of administrative will shrink. Researchers believe that there will be two groups of factors to influence the labor market: social and demographic...
John Stumpf of Wells Fargo resigns - 10/13/2016
General Director of Wells Fargo, John Stumpf, resigned because of a scandal, during which it became clear that the bank's employees open accounts and credit cards without consent of customers. The bank has already been fined $ 185 million, and more than 5 thousand of its employees were fired. Several states are now carrying out an investigation against Wells Fargo. Timothy Sloan, current...
How to make remote employees happy and productive - 10/10/2016
Every tenth employed American works from home at least once a week, according to CarInsurance’s infographic. Telework is gaining popularity - number of labor force in the US increased by only 3% over the last 7 years, while number of remote workers over the same period grew by 66%. Overall, about half of working Americans, that is 64 million people, have a possibility to work remotely at least...
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...
