Tag: business

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Critical Thinking for problem solving

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BOOK REVIEWS – HELPFUL BUSINESS AND SELF IMPROVEMENT BOOKS.“Think Better: an innovators’ guide to productive thinking” by Tim Hurson (McGraw Hill, NY), was released in the US in October 2007and now it’s available on Amazon and of course in major bookstores everywhere. There are thousands of books on thinking, creativity or innovation, but very few books provide clear how-to information that can actually help people Think Better.Tim states “Think Better is about Productive Thinking – why it’s important, how it works, and how to use it at work, at home, and at play. Productive thinking is a simple, but powerful … Continue reading Critical Thinking for problem solving

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Accidental billionaire

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Yvon Chouinard, founder of Patagonia, one of the most extraordinary brands in the corporate world, the rare company that is driven by environmental activism instead of cutthroat capitalism. Patagonia founded in 1973, a US clothing company trailing associations of rugged outdoor pursuits, posting sales of more than $1billion a year. Chouinard distrustful of capitalism, even as he engaged in it, investment bankers co-opted the garments into their uniforms, sometime wearing under their suit jackets or blazers. The company has distinguished itself as a singular beacon for socially responsible business, the rare company that can legitimately claim to be doing its … Continue reading Accidental billionaire

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Britain’s flagging corporate economy

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The CEOs of Britain’s largest companies wield immense power, but we know very little about them. How did they get to the top? Why do they have so much power? Are they really worth that exorbitant salary?  Two academics from Queen’s Business school, Belfast, Michael Aldous and John Turner lift the veil on Britain’s corporate elite and provide the answers by telling the story of the British CEO over the past century. From gentleman amateurs to professional managers, entrepreneurs, frauds, and fat cats, they reveal the characters who have made it to the top of the corporate ladder, how they got … Continue reading Britain’s flagging corporate economy

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Prada buys Versace for $1.4bn

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Luxury fashion brand, Prada Group has acquired crosstown Milan fashion rival, Versace from the U.S. luxury group, Capri Holdings Ltd, (parent company of Michael Kors and Jimmy Choo) for $1.38 billion. Capri Holdings is restructuring after a failed merger with Tapestry (owner of Coach, Kate Spade and Stuart Weitzman), which was blocked by the US Federal Trade Commission in last November. The deal includes Versace’s debt, is a big discount to the $2.15 billion debt that Capri, then known as Michael Kors, paid for Versace in 2017 when the Versace family and Blackstone sold it.  The acquisition strengthens Italy’s position in … Continue reading Prada buys Versace for $1.4bn

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Transformation from a programming prodigy to budding tech mogul

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Bill Gates’s trilogy of memoirs, including his first two decades of his life, from 1955 to the founding of Microsoft and its agreement to supply a version of the basic programming language to Apple Computer in 1977. Once a snotty brat whom everyone loved to hate, now grown up into a beloved elder statesman. Gates Foundation, focuses on unsexy but critical technologies such as malaria nets, “effective altruism”.  His early childhood in the suburbs of Seattle with a lawyer father and a schoolteacher mother. He was fascinated by his grandmother’s skill at card games around the family dining table. Eight-year-old Gates … Continue reading Transformation from a programming prodigy to budding tech mogul

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Google’s search dominance under UK watchdog investigation

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Google accounts for 90 per cent of all UK web searches – the Competition and Markets Authority (CMA) is looking whether it is using that dominant position to harm competition or choice for users. CMA, the UK’s competition watchdog has launched an investigation to find out if Google has too much power in online search. The CMA says it wants to ensure the tech giant is “delivering good outcomes for people and businesses” and that there is a “level playing field” for rivals. Google says it will cooperate with the investigation but has warned against what it calls “overly prescriptive … Continue reading Google’s search dominance under UK watchdog investigation

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Global web of power

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This is the untold story of the mysterious Chinese telecom company that shook the world from the coast of southern China, eccentric entrepreneur spent three decades  since its founding in 1987 in Shenzhen, shaping one of the world’s most powerful technological empires without anyone noticing. But December 2018, when the detention of Meng Wanzhou, Huawei Technologies’ female scion, sparked an international hostage standoff, poured fuel on the US-China trade war, and suddenly thrust the mysterious company into the international spotlight. In House of Huawei, Washington Post technology reporter  and former China correspondent Eva Dou, writes an authoritative and remarkable portrait of Huawei’s … Continue reading Global web of power

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Born in Pharmacist’s backyard

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Did you know how Coca-Cola was created in 1886 Atlanta Georgia, by a pharmacist named Dr. John Stith Pemberton, who was wounded in the American Civil War and addicted to morphine, began a quest to find a substitute for the problematic drug and started experimenting with flavoured syrup in his backyard to create a cure for headaches and a refreshing drink. He stirs coca leaves with kola nuts and voila caramel coloured drink. He takes his syrup to Jacob’s pharmacy add carbonated water and give the village people to try it, who declared as a magical drink. Pemberton starts selling … Continue reading Born in Pharmacist’s backyard

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Work-at-home concept started in India

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Shri Mahila Griha Udyog Lijjat Pappad, a co-operative started in 1959 in Bombay by seven housewives who made the humble poppadoms, a crispy, savoury snack that became a staple of Indian meals. Now sixty-five years later, the co-operative has spread across India with over 45, 000 women members grossing a turnover of £150m and exports its products to several countries around the world. Under-privileged Women in this co-operative got their pride and respect as they produced several items including spices, chapatis, Poppadoms. “Lijjat is a temple for us, as it helps us earn money and feed our families. The decision … Continue reading Work-at-home concept started in India

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Post Office spent over £132m of taxpayer money defending itself

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The Post Office has spent over £132m of taxpayer money ( £82m in the 12 mon ths to 31st March 2024, £38m the previous 12 months, and £12m in the year prior to that, defending itself at the inquiry into the wrongful conviction of 900 sub-postmasters who were prosecuted wrongly for shortfalls in their accounts caused by bugs in Fujitsu’s Horizon IT system in what has been described as one of the most widespread miscarriages in British legal history. Most sub-postmasters wrongly convicted lost their livelihoods or were forced to make up shortfalls from their own money, while some former sub-postmasters … Continue reading Post Office spent over £132m of taxpayer money defending itself