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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...
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...
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...
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...
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”...
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...
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...