Travis Kalanick may no longer be Uber’s CEO, but his time at the top continues to provide irresistible fodder for journalists. Bloomberg’s Eric Newcomer and Brad Stone have a report on his downfall, which fleshes out the story we already knew in fascinating detail. Kalanick was unrealistic, isolated, and erratic—qualities that you can theoretically get away with if you’re the prime architect of a massively valuable startup, but which did him in when he failed to address them. Here’s how he dealt with the repercussions of the release a video of him riding in an Uber and chewing out its disgruntled driver: Kalanick was unable or unwilling to right himself. If anything, his judgment deteriorated. He decided that he should apologize privately to Kamel, the driver he berated on video. The plan was simple: meet with Kamel at some neutral and nonthreatening location, engage in five minutes of pleasantries, say sorry, and leave. The meeting went on for more than … [Read more...] about The definitive account of Travis Kalanick’s Uber downfall is here
The accounting coach
I accepted my first management role early in my career, heading up a 15-person team at GE Global Research’s semiconductor laboratory. It was a big step at the time, but today I manage 28 labs of over 500 people, in addition to our research headquarters with around 2,000 people on site. Making that first shift from contributor to leader wasn’t easy, but it set me up for the other big changes I’d go on to make in my career. advertisement advertisement When a new role or opportunity forces you to change your work habits, it’s rarely clear just how to do it or whether the adjustment will pay off. And it isn’t just your role that pushes you to shift gears. Having a family has also forced my work habits to evolve, including in ways I never expected. Still, there are some common themes. In my experience, there are four key ways you’ll need to change your approach to work as your career progresses. 1. Become Less Dependent On Your Boss Early in … [Read more...] about Four Work Habits You Need To Change At Each Stage Of Your Career
A few years into my career at JPMorgan, I found myself in uncharted territory. advertisement advertisement I was scrambling to keep up with the advancements in AI, but the Heads of Trading were looking to me for insights about the impact of the new technology on their operations. Meanwhile, I was chairing a committee of 15 senior executives and navigating relationships with other Wall Street firms, where tens of millions of client dollars were at stake. I remember thinking, “I could really use some guidance.” Earlier in my career, I had received that guidance. As a new hire, I’d experienced a comprehensive eight-week training program, complete with executive Q&As, communication coaching, and connections with colleagues from around the world. But a few years later, when I could have benefited from additional support, I was on my own. I was confused why there wasn’t any training for employees until they reached senior management— … [Read more...] about If an MBA is no longer worth it, what is?
Peninsula Land share price rose nearly 5 percent intraday on November 19 despite rating agency ICRA revising the rating of non-convertible debenture (NCD) of the company.The rating agency has revised its rating on NCD of Rs 530.53 crore of the company to ICRA C.The rating agency has stated that the downward revision in the rating is on account of delays in collections of sizeable sold inventory as well as weak sales velocity in ongoing and completed projects which has severally impacted the cash flow position of the company.Close The company also faces high refinancing risk given sizeable debt repayment obligations (excluding collection linked payments). related news Suven Life Sciences share price jumps 4% Ujjivan Financial Services share price up 3% as Macquarie raises target price to Rs 325 Morgan Stanley upgrades NTPC, share price gains 3% At 09:51 hrs Peninsula Land was quoting at Rs 4.06, up Rs 0.14, or 3.57 percent on the BSE.The share touched its 52-week … [Read more...] about Peninsula Land share price rises nearly 5% despite rating downgrades by ICRA
By November 30, government employees and those availing the EPS (employees’ pension scheme) pension need to submit a life certificate to their banks to certify that they are alive and eligible to claim the amount. To the ensure continuation of your pension, the submission of the life certificate to your pension receiving bank is mandatory every year. In case you fail to submit this life certificate to the bank, the pension payment will not be made from January onwards. However, it can be resumed after submitting the life certificate, which is a tedious task for senior citizens.There are multiple ways for pensioners to submit the life certificate. You can choose what is convenient.Digital submissionClose You can submit the life certificate digitally through the Jeevan Pramaan website. This website was launched by the government in November 2014 to digitise the whole process. To obtain the digital life certificate, you need to provide your Aadhaar number, bank account details, … [Read more...] about Pensioners can submit their life certificates online or in paper format