Share to Twitter Share to Linkedin This week, PrimeGenesis gathered seven CEOs from its clients for a day to share insights and learning. The CEOs came from pharmaceuticals, forensic engineering, die-cast manufacturing, consumer products, agriculture, retail and sports. This note lays out the frameworks discussed and insights the CEOs shared across strategic, organizational and operating leadership as well as personal influence and impact. Strategic Leadership Strategic leadership is about focus. The fundamental questions are where to play and how to win. How to win choices in turn all flow from the enterprise’s core focus. As Michael Porter taught us, all enterprises design, produce, sell, deliver, and serve in one way or another. The most successful enterprises have a primary focus on either design, production, delivery or service in addition to selling which all must do. Certainly, different parts of the same enterprise may have different areas of … [Read more...] about CEO Boot Camp Frameworks And Insights
Retired zappos ceo dies
The Edge Third Age Economy Symposium 2022: Challenges of preparing for retirement in a post-pandemic world
This article first appeared in The Edge Malaysia Weekly, on June 27, 2022 - July 03, 2022. - A + A EVEN as we transition from the Covid-19 pandemic to endemicity, the world is facing a new set of economic challenges, the biggest of which would surely be an impending recession and fast-rising inflation. Stagflation has become a real threat. So, how should we navigate these challenges and age successfully in the post-Covid-19 world? Danny Wong, CEO of Areca Capital Sdn Bhd, advises that retirees who do not have an active income stream and invest conservatively should recalculate their expected returns to ensure they have enough to sustain their lifestyle ahead. Retirees without an active income, he stresses, should keep an eye on the real interest rate — which is the interest rate that takes inflation into account — as most invest conservatively in fixed deposits and investment-grade bonds with low risk and lower returns. For instance, the country’s … [Read more...] about The Edge Third Age Economy Symposium 2022: Challenges of preparing for retirement in a post-pandemic world
Grab’s digital bank said to have lined up prominent names for its board
This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A THE Grab Holdings Ltd-led digital bank in Malaysia is expected to form a five-member board led by Datuk Zaiton Mohd Hassan — the former chairman of Bank Pembangunan Malaysia Bhd (BPMB) — as chairman, according to several sources. “They’ve nominated the names and are awaiting final approvals from the central bank. It’s going through the process,” one of the sources tells The Edge. Veteran investment banker Datuk Maimoonah Hussain, who was formerly group managing director of Affin Hwang Capital before retiring in November 2019, is one of the proposed directors, the sources say. It is understood that the remaining three directors come from non-banking backgrounds. Grab declined to comment when contacted. On April 29, Bank Negara Malaysia awarded one of five digital bank licences to a consortium led by GXS Bank Pte Ltd — a 60:40 joint venture between Grab … [Read more...] about Grab’s digital bank said to have lined up prominent names for its board
Pay Ranges Are Coming To Job Postings. Why Hasn’t It Happened Before Now?
Share to Twitter Share to Linkedin Here is this week’s Careers newsletter, which brings the latest news, commentary and ideas about the workplace, leadership and the future of work straight to your inbox every Tuesday. Click here to get on the newsletter list! S alary ranges should be like the nutritional labels on food packaging, one human resources executive wrote in response to my story last week, which reported that Microsoft will be among the first major corporations to include pay information in all U.S. job postings. “Why have we not always done this?” wrote Steve Cadigan , LinkedIn’s first chief human resources officer and a future-of-work expert who wrote the book Workquake , on LinkedIn. “It’s kinda sad that we see this as a big deal.” Yet it is. In a blog post , the tech giant said Wednesday that it would disclose salary ranges in all internal and external U.S. job postings no later than January 2023. That date is … [Read more...] about Pay Ranges Are Coming To Job Postings. Why Hasn’t It Happened Before Now?
Hope And Fear. Two Powerful Emotions Easily Overlooked In Strategy Making
Share to Twitter Share to Linkedin As the minutes counted down to kick off, Adi Dassler busied himself checking the boots the German team would wear. Suddenly the phone rang. His brother Rudi was terminally ill. Dassler’s response to the news was cold and curt. “We haven't spoken to each other for 26 years. He doesn't need a brother, he needs a doctor." The German players went on to lift the 1974 World Cup, beating the Netherlands in the final. Off the pitch, there was no fairy tale ending for Adi and Rudi. During the 1920s and 30s, the brothers were a formidable team. Adi tinkered with the design of their shoes, while Rudi excelled as a salesman. But as the year’s passed a bitter rivalry developed. Eventually, they decided to split the business. Adidas—named for its founder—stood to the north the river dividing the small town of Herzogenaurach. Puma’s factory was to the south. The family feud did not die with Adi and Rudi. Continued with the same … [Read more...] about Hope And Fear. Two Powerful Emotions Easily Overlooked In Strategy Making