Business leaders in the Gulf Cooperation Council (GCC) region are bracing themselves for challenging times ahead as they anticipate increased pressure to transform or restructure their businesses amid an impending market turmoil. According to a survey conducted by Alvarez & Marsal, approximately 75% of GCC business leaders expect a reversal or slowdown in economic growth […]
Everyone in the (global) financial community has second (or third) thoughts these days about Credit Suisse. Once the Big Boy in the room, with the notion of a prime location to work, inflated salaries, and the attitude that only the top tier organisations of the financial industry can produce has burned through capital, putting it […]
Corporate transformation is a critical aspect of modern business, as companies seek to adapt to changing market conditions and stay ahead of the competition. However, despite its importance, many companies struggle with the process of transforming their business operations, and a significant percentage of these initiatives fail. In this article, we will explore why corporate […]
The role of non-executive directors is often sought as an attractive crowning glory of a career in management. It is easily overlooked that the Swiss Code of Obligations (CO) differs from the regulations in e.g. Germany or the Anglo-Saxon area and that the board of directors, unlike the German or Anglo-Saxon supervisory board, does not […]
The advancement of data analytics has opened many doors in today’s corporate world. One of the main areas affected is decision-making within a company. Previously, leadership and management relied solely on past experiences and a ‘gut feel.’ Today, data can transform how we make decisions based on facts and real-time evidence. That being said, are […]
by Ludovic Pureur – Vice President, Strategic Partnerhips at Virgin Pulse Health promotion and disease prevention have always been considered important. But, of late, their importance has reached new heights and they are now at the heart of most, if not all, discussions, especially since the spread of the COVID-19 virus in the world. It […]
Transformation within companies is actually the permanent state nowadays. Digital transformation, cultural transformation, leadership transformation, organisational transformation and so on. Sometimes you get the impression that organisations, management boards and employees are tired of transformation, and have even become a little resistant to it. In the “normal” business and market environment, most companies still achieve […]
Buy now, to create competitive advantage in times of rapid change The shock of the latest decision of the SNB to no longer defend the floor of 1.20 for the CHF to the Euro is not yet gone, but quickly the smoke vanishes. For now, it is important to quickly assess the situation, analyse the […]
For Generation X, born between the mid 60’s and late 70’s, blessed with the illusion of everlasting growth, and the succeeding Millennials, spoiled by the amenities of the modern information society, COVID was a hard stop from full throttle. When talking about startups, thoughts are with the young Bill Gates, smiling at a police camera […]
In professional sports, mental readiness is key for champions. This is highlighting the importance of being mentally balanced also for senior executives. The Non-Executive Board must observe and nurture the mental health of the firm’s top executives in addition to overseeing the firm and acting as the interface between shareholders and executive management, to create resilient and sustainable organizations. Executives are skilled, able, and well-meaning! Yet, in situations of rapid change, […]
