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Aerospace industry seeks Brexit reassurance

Faisal Islam, BBC, Friday October 11, 2019, 08 October 2019

As negotiations between the United Kingdom and the European Union draw to a head, the UK’s leading aerospace industry body has sought reassurance from the British government over its commitment to EU regulatory institutions after Brexit. The peak industry body is growing increasingly worried about regulatory alignment across Europe and the...

Nissan’s Crisis Goes Much Deeper Than Carlos Ghosn

Noriko Hayashi, The New York Times, Tuesday 8th October 2019, 07 October 2019

An external law firm investigating Nissan over its former chairman Carlos Ghosn’s compensation has now found Hari Nada - the insider behind the chairman’s departure - had improperly overpaid himself. It was found Mr. Nada received about $280,000 in “unjust enrichment” during 2017. A senior Nissan compliance officer planned to share the findings...

Why you should write down your company’s unwritten rules

Karen Niovitch Davis, Harvard Business Review, Tuesday 8th October 2019, 05 October 2019

Unwritten rules are ingrained in the corporate world, but if they’re not regularly revisited to ensure continuing alignment with the organisation’s goals, they can turn from a positive force to a destructive one. Elon Musk for years inspired his employees and shareholders with his charisma and bold vision in his quest for dominance with Tesla...

WeWork shelves plan for IPO, tries to rebuild battered image

WeWork shelves plan for IPO, tries to rebuild battered image

Alexandra Olson & Stan Choe, Associated Press, Tuesday 1st October, 2019, 01 October 2019

Following several turbulent weeks, co-working giant WeWork has shelved its planned IPO after several turbulent weeks have battered the company’s image. Initially, the company sought to go public with a valuation of nearly $50 billion (USD). The decision comes in the wake of co-founder Adam Neumann stepping aside as...

Thomas Cook CEO ‘told staff to ignore media noise’ before its collapse

Tom Belger, Yahoo Finance UK, Wednesday 27th September, 2019, 27 September 2019

In a memo sent to employees of Thomas Cook shortly before its collapse, CEO Peter Fankhauser urged staff to ignore the “noise” of media speculation over the fate of the collapsed company. The memo sent by the CEO told the company’s cabin crew the deal to save the company would be a “complete game changer” and it advised them to “stay calm”...

Disney’s CEO Gets Why Employees Want Their Bosses to Be More Political

Rachel Gutman, The Atlantic, Wednesday 25th September, 2019, 25 September 2019 Walt Disney Company chairman and CEO, Bob Iger says the most influential companies in the United States have a duty to effect social change and fill in public policy gaps on behalf of employees. Iger, who considered running in the 2020 Presidential Election said his employees’ trust in the government has dwindled and that they are turning to...

How to demonstrate your strategic thinking skills

Nina A. Bowman, Harvard Business Review, Monday 23rd September, 2019, 20 September 2019

Strategic thinking plays a critical role in your career advancement as it tells management that you’re able to think for yourself and can make diligent decisions for the future of the organisation. Developing and demonstrating these skills however, are very different challenges. Development of the skill involves exposure and experiences while...

Australian tech company Atlassian commits to net zero emissions by 2050

Max Tillman, ABC 7.30, Monday 23rd September, 2019, 19 September 2019 Australian software giant Atlassian has committed to a net zero carbon emissions target by 2050, as co-founder Mike Cannon-Brookes continues to push the Australian government to do more on climate change. Mr Cannon-Brookes has also called on the Federal Government to make it easier for businesses to implement net zero carbon targets. While...

Boeing to pay bereaved 737 families $144,500 each

BBC News, Monday 23rd September, 2019, 17 September 2019

The families of victims from the fatal Boeing 737 Max disasters in Indonesia and Ethiopia that claimed the lives of more than 340 people will receive about $144,500 (USD) each from the company. In July of this year Boeing pledged $100m to families and communities affected by the crashes but later decided to direct half of the money in direct...

Facebook’s Suspension of ‘Tens of Thousands’ of Apps Reveals Wider Privacy Issues

Kate Conger, Gabriel J.X. Dance and Mike Isaac, The New York Times, Friday 20th September, 2019, 16 September 2019 Facebook has suspended tens of thousands of apps for improperly gathering users’ personal information. The suspension highlights the privacy concerns that have troubled the social media company for several years remain an issue. Unsealed court filings revealed Facebook had suspended 69,000 apps and 10,000 apps were flagged for potentially...