Amit Jatia and McDonald’s 15-year Wait for Success

Amit Jatia and McDonald’s 15-year Wait for Success

by Shravan Bhat, Samar Srivastava | Mar 13, 2014

Amit Jatia and McDonald’s stuck by each other and adapted to value-conscious, vegetarian India. After 15 meagre years, they’re finally feasting Read more of this post

Self-Described Champion of India’s Poor Under Court Scrutiny; The jailed tycoon Subrata Roy faces accusations that many of his company’s investment vehicles are illegal and its investors fictitious

Self-Described Champion of India’s Poor Under Court Scrutiny

By GARDINER HARRISMARCH 13, 2014

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Ink was thrown at Subrata Roy, chairman of the Sahara Group, as he arrived at India’s Supreme Court last week. CreditAssociated Press

NEW DELHI — Subrata Roy has long been one of Asia’s most flamboyant billionaires, a bejeweled, modern maharajah who lives on an opulent 270-acre estate and presides over the Sahara Group, which is, by its own account, India’s largest private employer. To his allies, Mr. Roy is an up-from-bootstraps hero who built from scratch a sprawling empire that provides vital financial services to India’s poor. Read more of this post

Family business leaders who think they “know best” and adopt a paternalistic leadership style can lead to unsuccessful succession transitions, by leading to feelings of dissatisfaction and inertia in the next generation

FAMILY BUSINESS LEADERS WHO THINK THEY “KNOW BEST” HINDER SUCCESSION PROCESS

ARTICLE | 12 MARCH, 2014 12:39 PM | BY JESSICA TASMAN-JONES

Family business leaders who think they “know best” and adopt a paternalistic leadership style can lead to unsuccessful succession transitions, according to new research, by leading to feelings of dissatisfaction and inertia in the next generation.

According to Paternalistic leadership in family firms: Types and implications for intergenerational succession, there are three types of paternalistic leadership styles – authoritarian, benevolent and moral – and some can be more detrimental to leadership transitions than others. Read more of this post

How One Of Google’s Finest Fosters The Big Ideas

HOW ONE OF GOOGLE’S FINEST FOSTERS THE BIG IDEAS

AS CHIEF CREATIVE OFFICER FOR GOOGLE CREATIVE LABS, IT’S ROBERT WONG’S JOB TO LIVE AND BREATH INSPIRATION. FROM HOW HE FINDS HIS TO HOW HE ENCOURAGES HIS PEOPLE TO ATTAIN THEIRS, HE TELLS US THE BEST WAYS TO FEED CREATIVITY.

BY SAMANTHA COLE

The “poetry of a moment,” says Robert Wong, is often in the restraint.

Whether he’s giving his team near-impossible puzzles to solve in no time or hosting endless brainstorming sessions, boxing in a creative mind is his best innovation catalyst. Read more of this post

Netflix’s Major HR Innovation: Treating Humans Like People

NETFLIX’S MAJOR HR INNOVATION: TREATING HUMANS LIKE PEOPLE

WHAT IF INSTEAD OF BUREAUCRACY, A BOOMING COMPANY RELIED ON COMMON SENSE?

BY DRAKE BAER

Back in 1997, before it was streaming a billion hours of Internet television a month, Netflix was a startup. They had a fairly standard vacation policy: 10 vacation days, 10 holidays, and a handful of sick days per person. Rather than formally tracking these days, they opted for an honor system, with employees tracking their own off days and informing their managers when appropriate. Read more of this post

Ed Catmull On Why Things Will Always Go Wrong–Even At Pixar

ED CATMULL ON WHY THINGS WILL ALWAYS GO WRONG—EVEN AT PIXAR

IN A WIDE-RANGING CONVERSATION WITH FAST COMPANY, CATMULL–THE PRESIDENT OF PIXAR, WHO HAS LED THE ANIMATION POWERHOUSE TO 14 NO. 1 HITS–SHARES HIS MANAGEMENT SECRETS.

BY ED CATMULL

Right now, since Disney Animation has Frozen, which has a shot at becoming a billion-dollar movie, they’re elated. Meanwhile, at Pixar, after a lot of work we’ve had to say, “You know, Good Dinosaur doesn’t meet our standards, so we’re going to restart. It’s a promising idea, but we need to rethink the team.” That’s painful, but it’s a pain we own. Every time we make a mistake there is pain, and I’m acutely aware that some people bear more pain than others [some 50 people were recently laid off]. But our core belief is that we’ve got to do the right thing for the movies. The ongoing value here is that everything we do is in service of that final story we deliver to the world. Read more of this post

The clumsy bear mascot for a remote Kyushu farming region has rocketed to superstar fame and has notched up an unlikely marketing triumph in a nation obsessed with all things cute

Mascot Kumamon turns cute into bear market

BY HIROSHI HIYAMA

AFP-JIJI

MAR 12, 2014

image001-9Kumamon, the popular bear mascot of Kumamoto, draws a big crowd to a campaign event promoting food products from the prefecture in Tokyo on Feb. 23. | AFP-JIJI Read more of this post

Beats Hopes to Serve Up Music in a Novel Subscription Way; Is the new music streaming service from Beats Electronics a worthy competitor to Spotify and Pandora?

Beats Hopes to Serve Up Music in a Novel Way

MARCH 12, 2014

Is the new music streaming service from Beats Electronics a worthy competitor to Spotify and Pandora? Molly Wood gives her verdict.

Molly Wood

THERE’S a new subscription music service in town, one that purports to know you and your music tastes better than you know them yourself. One that urges you to forget about what you think you like and surrender to a sea of playlists lovingly created by artists and celebrities far more brilliant and beautiful than you. Read more of this post

Silicon Valley’s Youth Problem; In start-up land, the young barely talk to the old (and vice versa). That makes for a lot of cool apps. But great technology? Not so much

Silicon Valley’s Youth Problem

In start-up land, the young barely talk to the old (and vice versa). That makes for a lot of cool apps. But great technology? Not so much.

By YIREN LUMARCH 12, 2014

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The Cisco Meraki office in Mission Bay, San Francisco, is 40 paces from the water, and just as nice as Google’s. On a clear winter day in late December, I sat in one of its conference rooms with a company spokeswoman on my right and Sanjit Biswas on my left, peering out through floor-to-ceiling glass. On the other side: brightly patterned furniture, murals and paneled wood, a well-stocked cafeteria, a deck with spectacular views of the bay. Twelve months earlier, in a deal meant to bring fresh edge to Cisco, the networking behemoth bought Meraki from Biswas and two co-founders for $1.2 billion. Now they were making good on their promise — starting with the décor. Read more of this post

College dropouts strike it big in the business world

College dropouts strike it big in the business world

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Snapchat co-founder Evan Spiegel (L), Michael Dell, the founder and CEO of Dell (Bottom Right) and Larry Ellison, founder of software giant Oracle (top Right)

By Mykolas Rambus
Wealth-X
Wednesday, Mar 12, 2014

Whilst some ultra high net worth (UHNW) individuals patiently wait decades to amass their fortunes, others strike gold early on, even dropping out of college to pursue their lucrative careers. By 2020, this is predicted to be an ever-increasing trend, especially with individuals making in-roads into social media and software. Read more of this post

NUS Risk Management Institute flags 16 China firms with high bond default risks

NUS unit flags 16 China firms with high bond default risks

The Business Times

13 March 2014

[SINGAPORE] Sixteen Chinese companies face a high chance of having their bonds default over the next year, given a lack

of cash and problems of overcapacity in their industry, data from National University of Singapore’s Risk Management

Institute (RMI) showed. Read more of this post

Autopsy report on Julius Caesar’s death gave rise to the term “forensic” in Latin which means “before the forum”

Updated: Thursday March 13, 2014 MYT 12:22:28 PM

Tech takes on autopsies

BY LIM WING HOOI

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(From left) Mathavan and iGene Forensic Scientist Dr Nor Amira Ismail look on as iGene Medical Research Scientist Dr Hemanth S. Naik demonstrates how a digital autopsy is done. Read more of this post

Baltic Dry Plunges 8%, Near Most In 6 Years As Iron Ore At Chinese Ports Hits All Time High

Baltic Dry Plunges 8%, Near Most In 6 Years As Iron Ore At Chinese Ports Hits All Time High

Tyler Durden on 03/12/2014 16:34 -0400

It would appear record inventories of Iron ore and plunging prices due to China’s shadow-banking unwind have started to weigh on the all-too-important-when-it-is-going-up-but-let’s-blame-supply-when-dropping Baltic Dry Index. With the worst start to a year in over a decade, the recent recovery in prices provided faint hope that the worst of the global trade collapse was over… however, today’s 8% plunge – on par with the biggest drops in the last 6 years – suggests things are far from self-sustaining. Still think we are insulated from the arcane China shadow-banking system, which suddenly everyone is an expert of suddenly? Think again. Read more of this post

Strong demand for ‘junk’ bonds erodes investor protection

March 12, 2014 5:07 pm

Strong demand for ‘junk’ bonds erodes investor protection

By Tracy Alloway and Vivianne Rodrigues in New York

Insatiable investor demand for higher yielding securities has helped push protection for buyers of junk-rated bonds to its lowest level on record, the rating agency Moody’s has warned. Read more of this post

Active fund managers are closet index huggers; Study finds ‘closet indexing’ is rife in US active funds

March 12, 2014 10:39 am

Active fund managers are closet index huggers

By John Authers

Study finds ‘closet indexing’ is rife in US active funds

How active is your fund manager, and what chance do they really have of beating the market? Read more of this post

Technology research centres face entrepreneurial scrutiny

March 13, 2014 12:01 am

Technology research centres face entrepreneurial scrutiny

By Tanya Powley, Manufacturing Correspondent

The business secretary has asked a serial entrepreneur to examine government-backed technology centres that were launched in 2011 to solve the difficulty Britain has long had in commercialising scientific breakthroughs. Read more of this post

African banks: Fragile dream; An institution created to embody stability and unity came close to failure. A new chief could provide a second chance

March 12, 2014 6:40 pm

African banks: Fragile dream

By William Wallis

An institution created to embody stability and unity came close to failure. A new chief could provide a second chance

For nine months, Ecobank Transnational Incorporated was creeping towards disaster. Depositors were taking fright. The stock price was dipping. A stream of internal letters warned the bank and the decades-old dream of building a pan-African rival to Barclays or Citibank was at risk of collapse. Read more of this post

Candy Crush maker King Digital Entertainment was founded in Sweden but is headquartered in London and about to list in New York, as it tries to make the most of an intricate quilt of patent, tax and regulatory oversight

King’s Realm Spans Across Continents

Candy Crush Maker’s Global Footprint Helps It Navigate Web of Patent, Tax and Regulatory Issues

AMIR MIZROCH

March 12, 2014 1:56 p.m. ET

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LONDON—It’s good to be King, but the road to the throne can be complicated.

Game maker King Digital Entertainment PLC is planning to start trading this month on the New York Stock Exchange—valuing itself Wednesday at as much as $7.6 billion after it set a price range for its initial public offering. Read more of this post

Lego to build on movie success, tackle globalisation challenge

Lego to build on movie success, tackle globalisation challenge

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Wednesday, March 12, 2014 – 15:19

AFP

BILLUND, Denmark – With record sales and a hit movie expected to propel them further, Lego could be expected to bask in its successful turnaround, but the Danish maker of colourful toy blocks is pressing ahead to face the challenges of globalisation. Read more of this post

Will costs erode Singapore’s edge?

Will costs erode Singapore’s edge?

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Thursday, March 13, 2014 – 09:00

Alvin Foo

Economics Correspondent

The Straits Times

LAST week, Singapore captured headlines at home and abroad for an unsettling reason: It was named the world’s most expensive city by the Economist Intelligence Unit (EIU). Read more of this post

Thousands of doctors in Korea staged their first strike in 14 years to protest the government’s push to introduce telemedicine and for-profit subsidiaries for hospitals

Doctors defy South Korean President’s warning

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Wednesday, March 12, 2014 – 09:27

Lee Hyun-jeong

The Korea Herald/Asia News Network

SEOUL – Concerns about the country’s health services are growing as doctors plan to launch further industrial action later this month, despite stern warnings from the government. Read more of this post

China’s ‘One Country, Two Systems’ Trap; Beijing’s unmet promises to Hong Kong are a lesson for Taiwan

China’s ‘One Country, Two Systems’ Trap

Beijing’s unmet promises to Hong Kong are a lesson for Taiwan.

Updated March 12, 2014 6:23 p.m. ET

The recent stabbing of government critic Kevin Lau is horrible enough for the people of Hong Kong. But it is also damaging to Beijing’s efforts to convince the people of Taiwan to support official negotiations aimed at eventual reunification with mainland China. Read more of this post

China’s Quiet Lehman Moment; A solar-power company’s default makes investors reconsider assumptions about the government

China’s Quiet Lehman Moment

A solar-power company’s default makes investors reconsider assumptions about the government.

JOSEPH STERNBERG

Updated March 12, 2014 7:09 p.m. ET

The default of Shanghai Chaori Solar Energy Science & Technology Co. last week set off speculation that China has reached its “Bear Stearns moment.” This is the first time a domestic bond has been allowed to default. Economists at Bank of America suggested that it will leave investors queasy about unsustainable debt levels, much as news in 2007 of mortgage-related losses at two Bear Stearns hedge funds triggered doubts about the U.S. housing market. Read more of this post

Revenue Gets Rich Price Tag in IPOs; Small Firms With Small Sales Seeing Lofty Valuations; Castlight Health Offering to Test Appetites

Revenue Gets Rich Price Tag in IPOs

Small Firms With Small Sales Seeing Lofty Valuations; Castlight Health Offering to Test Appetites

MATT JARZEMSKY And TELIS DEMOS

March 12, 2014 9:13 p.m. ET

The bull market for initial public offerings of small companies with scant sales is about to get a check-up. Read more of this post

Soong Ching Ling, the woman behind Sun Yat Sen

Soong Ching Ling, the woman behind Sun Yat Sen

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Thursday, March 13, 2014 – 06:30

Lisabel Ting

The Straits Times

Behind every successful man is a strong woman, and founding father of the Republic of China, Sun Yat Sen was no exception. Read more of this post

How to Boost Efficiency in Asset-Intensive Industries: Flex in Operations

How to Boost Efficiency in Asset-Intensive Industries: Flex in Operations

by Christian Greiser, Roland Haslehner, Alexander Wachtmeister, and Tobias Streicher

FEBRUARY 18, 2014

Continued sluggishness in the global economy is putting special pressure on companies in asset-intensive industries. These companies are operating well below capacity, and the weak demand has prevented them from passing on the full costs of raw materials and energy, for which prices remain stubbornly high. Read more of this post

Seven Ways to Profit from Big Data as a Business

Seven Ways to Profit from Big Data as a Business

by James Platt, Robert Souza, Enrique Checa, and Ravi Chabaldas

MARCH 05, 2014

Information is multiplying inside businesses at an exponential rate, generated by sensors, social media, transactions, smartphones, and other sources. Companies increasingly want to tap into the potential of these vast, fast-moving, complex streams of data to achieve step-change improvements in performance. But executives would be wise to consider whether the information they collect could do even more than boost performance. In fact, big data can generate billions of dollars in additional revenues that can go toward fueling growth. Read more of this post

New CEOs are particularly vulnerable during their second year. Their survival may depend more on their credibility-and on making a number of bold strategic moves-than on results

Surviving the Sophomore Slump: The Moves That Matter Most

A Leadership Study from The Boston Consulting Group and Spencer Stuart

by Roselinde Torres, Judy Johnson, James M. Citrin, and Susan S. Hart

MARCH 10, 2014

Leadership churn in large companies has intensified over the past decade1. CEOs are particularly vulnerable during their second year of tenure. The proportion of CEOs who leave office for “year 2 performance reasons” is strikingly high. It’s a time that could be called “the sophomore slump,” when stakeholders lower their threshold of tolerance and when CEOs themselves might feel their ambitious vision being thwarted and may grow dejected at the slow pace of change in the organization. Read more of this post

Gauging the Chinese Threat to European Machinery Makers: A German Perspective on the New Competitive Landscape

Gauging the Chinese Threat to European Machinery Makers: A German Perspective on the New Competitive Landscape

by Ralf Moldenhauer, Nikolaus Lang, Florian Bonanati, and Jan Schönfeld

MARCH 12, 2014

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The competitive landscape for European machinery manufacturers—makers of traditional machinery (such as engines and turbines) as well as optical products and electronics—is changing rapidly. Chinese challengers are increasing their presence in developed markets and growing their businesses throughout the value chain. Once dismissed as low-end upstarts, Chinese machinery makers have built up their capabilities and now compete head-to-head with multinational companies on their home turf as well as in emerging markets. Read more of this post

The Singer sewing machine company, largely credited with helping develop the U.S. fashion industry by allowing clothes to be made more cheaply and efficiently, is exploring a sale that could fetch more than $500 million

Kohlberg looking to sell Singer sewing machine company – sources

3:51pm EDT

By Olivia Oran

(Reuters) – The Singer sewing machine company, largely credited with helping develop the U.S. fashion industry by allowing clothes to be made more cheaply and efficiently, is exploring a sale that could fetch more than $500 million, three people familiar with the matter said on Wednesday. Read more of this post