Succession Psychologists

March 17, 2014, 5:12 P.M. ET
Succession Psychologists
By Robert Milburn
What do bankers do to help a take-no-prisoners entrepreneur pass the reins on to his or her younger family members? If the clients are at Abbot Downing, a Wells Fargo unit for ultra-wealthy clients with $37 billion in assets, the bankers increasingly call Arne Boudewyn, head of the firm’s Family Dynamics and Education office.
Boudewyn, a clinical psychologist, works closely with super wealthy clients on their family governance issues; how to pass on wealth to the next generation in a healthy way; their interpersonal family relationships; and articulating the family’s long-term goals.

Read more of this post

Shirtmaker sees global success from ‘old-fashioned values’; Top-notch customer service helped Nick Wheeler grow Charles Tyrwhitt, the online shirt and suit retailer, into a £160m-turnover business

Shirtmaker sees global success from ‘old-fashioned values’
Top-notch customer service helped Nick Wheeler grow Charles Tyrwhitt, the online shirt and suit retailer, into a £160m-turnover business

image001-16

Nick Wheeler, founder of shirtmaker Charles Tyrwhitt, has grown his business 25pc year-on-year for 25 years. Photo: Copyright Alex Rumford.
By Rebecca Burn-Callander, Enterprise Editor
7:00AM GMT 19 Mar 2014Nick Wheeler has been running Charles Tyrwhitt for more than 25 years. He has survived two recessions, one administration and grown his online shirtmaker into an international £160m-turnover business.
There’s no secret to his success, he claims, other than a rigid adherence to “old-fashioned values”.

Read more of this post

Tencent versus Alibaba: a complete guide to an increasingly fierce rivalry (INFOGRAPHIC)

Tencent versus Alibaba: a complete guide to an increasingly fierce rivalry (INFOGRAPHIC)
March 19, 2014at 9:00 am
by Paul Bischoff
Tencent (HKG:0700) is the world’s fourth largest web company, and Alibaba is on the verge of history’s largest tech IPO. Both of these behemoth companies occupy many of the same verticals in China, which is the biggest and possibly most isolated internet ecosystem on Earth. To summarize the massive product and service war between Tencent and Alibaba, we’ve put together an infographic showing which of their offerings are winning or losing in all of their competing sectors.

Read more of this post

New Alliances in Battle for Corporate Control; The abrupt rise and increasing success of activist investors are forcing big money managers to reassess their traditionally passive role as shareholders

MARCH 18, 2014, 9:40 PM Comment
New Alliances in Battle for Corporate Control
By DAVID GELLES and MICHAEL J. DE LA MERCED
For ages, institutional investors like mutual funds and pension funds were content to take stakes in public companies, trust their managements and bet on long-term gains. Companies trusted that these investors would be passive shareholders and not rock the boat.

Read more of this post

Billionaire Tan Sri Tan Chin Tuan: “You know, Khim, diamonds don’t pay dividends.” “It suddenly made me realise that there is a big difference between an item of show and something that generates a return.”

Chew Gek Khim Unlocks Value at Straits Trading
by Jennifer Schultz Wells | Mar 17, 2014

Despite the legacy of her grandfather, she’s proving herself
Chew Gek Khim recalls a day in her early 20s when she was shopping with her maternal grandfather, wealthy Singaporean banker and philanthropist Tan Chin Tuan. They ended up in a jewellery store where she wanted to make a purchase, but he balked and tried to dissuade her. Finally he said, “You know, Khim, diamonds don’t pay dividends.”

image001-14

Read more of this post

How Ben & Jerry’s brought maverick ideas to mainstream business; As Ben Cohen, co-founder of Ben & Jerry’s, turns 63, Brad Edmondson explains why the company is proof that profits and purpose can co-exist

How Ben & Jerry’s brought maverick ideas to mainstream business
As Ben Cohen, co-founder of Ben & Jerry’s, turns 63, Brad Edmondson explains why the company is proof that profits and purpose can co-exist
Brad Edmondson
theguardian.com, Tuesday 18 March 2014 18.02 GMT

image001-13

Ben Cohen and Jerry Greenfield, co-founders of ice cream makers, Ben & Jerry’s. Photograph: Felix Clay
The story behind Ben & Jerry’s Ice Cream and its 35-year struggle to achieve “linked prosperity” started with a simple but radical idea that everyone and everything the company touched should benefit from its profits. The sale of the ice cream makers to Unilever in 2000 therefore was a surprise twist to those who knew the two founders, Ben Cohen and Jerry Greenfield.

Read more of this post

The possible pitfalls of ‘Liberation Management’

The possible pitfalls of ‘Liberation Management’
by Nicolas Arnaud, Celine Legrand, Colleen Mills | Mar 19, 2014
In LM, a widespread shake-up of how employees interact brings with it not just new ways of innovating, but also new challenges to the very nature of how the firm functions

Read more of this post

The Amazon.com of Japan is the world’s biggest online retailer of elephant ivory and whale meat

The Amazon.com of Japan is the world’s biggest online retailer of elephant ivory and whale meat
By Gwynn Guilford @sinoceros March 18, 2014
Countries around the world are burning ivory stockpiles. It’s a powerful symbol against the illegal trade in elephant tusks that resulted in as many as 30,000 elephant deaths last year. But those demonstrations can only be so effective when a legal market for ivory trade exists. And according to a new report (pdf) from the Environmental Investigation Agency, an NGO, one of the world’s biggest digital companies is facilitating not only a brisk business in illegal ivory, but also the sale of meat from endangered whales.
Rakuten Ichiba—the Japanese online marketplace of Rakuten Group, a digital giantthat recently bought messaging app Viber—offers products made from endangered animals that can fetch up to ¥2,640,000 ($28,186) (link in Japanese), shows EIA’s investigation. This might be morally outrageous, but it’s not—at least on the face of it—illegal; Japan claims exceptions to international bans on the the commercial trade of elephant ivory and whale meat. And it shows how futile laws protecting threatened animals are as long as they have loopholes.

Read more of this post

Here’s an amazing app for learning music


Here’s an amazing app for learning music
By Alexis C. Madrigal, The Atlantic 3 hours ago
All musical notation is a kind of compression, which is to say a compromise between ease of transmission and depth of reception.
The notes on a score tell you a lot about a song, but not everything. The same goes for guitar tabs, which tell you where to put your fingers, not what the notes are.

Read more of this post

The world’s largest clothing retailer is now selling leftover Zara clothes to compete with fast fashion

The world’s largest clothing retailer is now selling leftover Zara clothes to compete with fast fashion
By Lily Kuo @lilkuo 2 hours ago

The numbers: Inditex, the world’s largest clothing retailer, best known for its Zara chain, reported almost flat net profit for 2013—€2.4 billion, or $3.3 billion—in line with expectations but only 1% higher than the year before.

image001-5

 

 

Read more of this post

Look beyond Yangon, businesses urged

PUBLISHED MARCH 19, 2014
Look beyond Yangon, businesses urged
JAIRA KOH
THE chief ministers of Myanmar’s various regions yesterday urged Singapore businesses to look more at tapping emerging opportunities outside Yangon. They said at a dialogue arranged by IE Singapore that an international airport was coming up in the Bago region and that Mandalay provides opportunities for traders as it has become a major channel for the growing trade between Myanmar, China and India.

Read more of this post

The pending failure of a major Chinese property developer looks a lot like Pets.com

The pending failure of a major Chinese property developer looks a lot like Pets.com
By Heather Timmons and Gwynn Guilford March 18, 2014
The news that Zhejiang Xingrun Real Estate, a property developer, is close to a 3.5-billion-yuan ($570-million) default is the latest in a slew of high-profile Chinese default risks of late. Though defaults have been relatively few given the scale ofChina’s debt woes, analysts have already turned to historical shorthand to make sense of what’s going on, including:
“Bear Stearns moment”—Bank of America/Merrill Lynch’s David Cui recently likened the corporate bond default of Chaori Solar to Bear Stearns’ 2007 bailout of two of its hedge funds, which set off the first wave of panic about bank investment in subprime mortgages.

Read more of this post

The house that China built

The house that China built
David Keohane | Mar 18 10:55 | 1 comment | Share
From the FT:
China’s central bank and one of its largest state lenders are holding emergency talks over whether or not to bail out a defaulting real estate developer…
In a case which offers a microcosm of the cracks emerging in China’s shadow banking system, Zhejiang Xingrun Real Estate, the provincial developer, had been offering usurious rates of interest to individuals after being shut out by conventional banks.

Read more of this post

Will Tesla’s China Story Lose Its Charge?

Nina Xiang, Contributor
3/18/2014 @ 2:10PM |2,163 views
Will Tesla’s China Story Lose Its Charge?
When 35-year-old Eric Zhu deliberated to which car his family should buy, Tesla Motors didn’t stay long in the race.
Zhu, who works as a senior manager at a Western industrial firm in Beijing, is drawn by Tesla’s 100% electric power and zero emissions promise. As a father of a two-year-old boy, Zhu is willing to compromise a lot for the sake of clean air.

Read more of this post

China’s Secret Vaults: Where Is All The Missing Gold?

Shu-Ching Jean Chen, Contributor
3/18/2014 @ 9:50AM |22,526 views
China’s Secret Vaults: Where Is All The Missing Gold?
China has recently become the world’s largest consumer of gold. Uniquely, it also ranks as both the largest producer and the biggest importer of gold. Yet a big question surrounds the true state of the Chinese demand for gold; the answer would determine how global gold prices are likely to fare. The expectation that Chinese investors will sustain a voracious appetite for gold has helped to spark a recent rebound in gold prices.

Read more of this post

When The Best Employees Quit, Can You Handle The Truth?

George Anders, Contributor
3/18/2014 @ 9:00AM |71,916 views
When The Best Employees Quit, Can You Handle The Truth?
When prized employees leave a company, bosses almost always act surprised. From the comforts of the corner office, it’s easy to believe that you’re providing a great work environment and all the career-advancement opportunities that workers or managers might want. But maybe senior executives just can’t handle the truth.

Read more of this post

10 Things Only Lousy Managers Say

Liz Ryan, Contributor
3/19/2014 @ 1:03AM |14,461 views
10 Things Only Lousy Managers Say
God bless the bad managers we’ve struggled under, those toads and zombies who taught us so many valuable leadership lessons (all lessons of the How Not to Lead variety). We still remember those managers years later, with their tempers, idiosyncracies and neuroses.

Read more of this post

17 Successful Entrepreneurs Share Their Best Productivity Hacks

17 Successful Entrepreneurs Share Their Best Productivity Hacks
RICHARD FELONI STRATEGY MAR. 19, 2014, 1:17 AM
Starting and maintaining a small business takes an exceptional amount of work, and time is a precious commodity. That’s why most successful entrepreneurs have developed a few tricks along the way to increase their productivity and effectiveness.

Read more of this post

7 Philosophies That Have Made Apple Designer Jony Ive A Legend: He makes products for people who care. “Our success is a victory for purity, integrity – for giving a damn.”

7 Philosophies That Have Made Apple Designer Jony Ive A Legend
DRAKE BAER STRATEGY MAR. 18, 2014, 11:30 PM
Sir Jony Ive has led Apple’s design team since 1996. Along the way, he’s become a living legend in the design world, dreaming up the candy-colored iMac, the music industry-disrupting iPod, and the world-changing iPhone — to name a few of the products that earned him his knighthood.

Read more of this post

Gorgeous Maps Of The World Made With Iconic Local Foods

Gorgeous Maps Of The World Made With Iconic Local Foods
HARRISON JACOBS THE LIFE MAR. 18, 2014, 11:35 PM

image001-2 image002 image005 image006 image011 image003 image004 image007 image008 image009 image010

China is made up of various types of noodles.
New Zealand photographer Henry Hargreaves has always liked to play with his food. In his newest collaboration with food stylist Caitlin Levin and typographer Sarit Melmed, Hargreaves takes playing with food to another level by creating maps that use the iconic foods of the countries and continents that they depict.
Before he was a photographer, Hargreaves worked in the food industry and found himself fascinated by how what people ordered reflected their personality. In many ways, Food Maps similarly reflects how what we eat connects with who we are.
Hargreaves, Levin, and Melmed shared some of their playful maps with us here, but you can see more of Hargreaves and Levin’s work at their website. Note that each map is made using real food.
France is made out of bread and cheese.

The United States is made out of different types of corn and corn products.

Japan is made out of different types of seaweed.

Australia is made from “shrimp on the barbie,” a traditional Christmas food.

Africa is made of bananas and plantains.

India is, of course, made of spices.

The United Kingdom and Ireland are made out of biscuits.

South America is made up of citrus fruits, such as lemons, limes, oranges, and grapefruits.

New Zealand, Hargreaves’ home country, is constructed out of kiwis. Though not native to the country, they have been hugely popular in the country since they were first introduced in the early 1900s.

Similarly, while tomatoes are not native to Italy (they actually come from South America), they have since become central to Italian cuisine.

 

CHART OF THE DAY: A Breakdown Of S&P 500 Company Costs Since 1994

CHART OF THE DAY: A Breakdown Of S&P 500 Company Costs Since 1994
SAM RO MARKETS MAR. 18, 2014, 11:27 PM
Corporate profit margins are right at record highs.
Coming out of the financial crisis, fattening profit margins have helped corporate profits surge despite lackluster revenue growth.

Read more of this post

%d bloggers like this: