Founder Story
LEADERSHIP - Page 27
Absa CEO Arrie Rautenbach is set to retire following a notable drop in the company’s profits for the first half of 2024. The decision for early retirement, mutually agreed upon with the board, will take effect on April 15, 2025, with Rautenbach…
The first quarter of 2024 has seen an unprecedented wave of CEO departures, with 622 chief executives stepping down—a 50% increase compared to the same period in 2023, which had already witnessed record levels of executive exits. This significant rise, reported by…
Facing Challenges, Victoria’s Secret Turns to Leadership from a Rival Brand to Reconnect with Consumers Victoria’s Secret, once a dominant force in the lingerie industry, is undergoing a significant leadership change in response to ongoing challenges. On August 14, the company announced…
As CEO salaries in nonprofit hospitals soar, concerns grow over their commitment to providing affordable care and fulfilling their charitable missions. In the United States, nearly 50% of hospitals operate as nonprofit entities, enjoying exemptions from local, state, and federal taxes in…
Subtitle: A Visionary Leader to Propel Qatar’s Media City Towards Global Excellence Media City Qatar has taken a significant step towards realizing its ambitious vision of becoming a global hub for media content creators, entrepreneurs, and innovators by appointing Eng. Jassim Mohamed…
How Leaders Can Coach Employees to Recognize and Harness Opportunities Within Their Current Roles In the early 20th century, the poet Ovid captured a thinking trap that plagues corporate America now more than ever. In The Art of Love, he writes, “The…
Proactive Strategies to Foster Psychologically Safe Workplaces Where Individuals and Teams Can Flourish In today’s fast-paced and evolving business landscape, the importance of creating a workplace environment where both individuals and teams can thrive cannot be overstated. Recent studies highlight a stark…
“Wage Disparities Widen in Kenya’s Private Sector Amid Rising Economic Inequality” A recent Executive Compensation Report by Standard Investments Bank has revealed a stark disparity in wages among Kenyan-listed companies, with Chief Executive Officers (CEOs) earning nearly 26.5 times more than their…
“From Bizarre Suggestions to Broader Reach: Google’s AI Overviews Push Forward in Six More Countries” In May, Google unveiled its AI Overviews in Search, a feature aimed at enhancing search functionality through the integration of artificial intelligence. However, the initial rollout in…
Strong Preference for Islamic Banking and Investments Reflects a Growing Trend Across Diverse Demographics in Malaysia A recent survey conducted by Hong Leong Islamic Bank (HLISB) has shed light on a significant shift in the financial preferences of Malaysian Muslims, with 65%…
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