Rebranding: Redefining the Image of Companies
by February 27, 2019 on
Following the acquisition of Versace in 2018, Michael Kors Holdings announced they will change its name to Capri Holdings starting January 2, 2019. John Idol, Chairman and Chief Executive Officer of Michael Kors Holdings, believes having Versace in its portfolio made them one of the leading global fashion groups in the world. Idol further stated their new name is inspired by the Italian island Capri’s glamorous reputation, similar to what their brands uphold. The luxury group saw the acquisition as the perfect opportunity to rebrand their company’s image.
From Paper to Screen: 5 Reasons Why You Should Transform your Workplace
by February 14, 2019 and last updated on March 6, 2019 on
Going digital does not just mean connecting with virtual communities on the web; there are a lot of things that need to be considered. You and your clients should be well-prepared before jumping into the process. If you feel like you are still stuck in the ‘90s and you wish to upgrade your office, then it is high time to consider transforming your traditional workplace into a digital workplace. But where should you start?
9 Essential Director Interview Questions: Secrets to Successful Hiring (Part 1)
by February 4, 2019 and last updated on March 11, 2019 on
The future success and direction of an organization highly depends on its leader – the CEO or executive director. So when an executive director suddenly steps down, it is the board members’ responsibility
to immediately take action and find the next potential executive director for the organization.
Selecting a CEO is one of the most crucial decisions that a board undertakes. This kind of process influences the relationship and dynamics between the employees, investors, and other stakeholders of the company. Choosing a successor often places a strain on the entire management, especially when the candidate comes from outside the company.
Back to the Basics: An Overview of Board Member Responsibilities
by December 11, 2018 and last updated on February 4, 2019 on
At first glance, it would seem that the boards and their board member responsibilities are irrelevant or only have a small impact to the operations of the company. But in reality, a board’s performance can make or break an organization. A recent study by McKinsey reports that boards who can execute core operations and maintain good board relations, deliver stronger financial returns for the company. The extent of the effect of board members, also involves some of the common problems that companies have been facing for years. For instance, tension between the CEO and the management, or between the CEO and the board itself, can be due to the fact that the board was not that thorough in the recruitment and evaluation of the candidates for the CEO.
Seeing as how much a board affects the entirety of a company’s strategy, direction, and operations, shows that improving the way boards work can ultimately provide value for the company. Evaluate your board’s performance by checking how well they execute these six basic board member responsibilities.
Transforming the Way You do Meeting Minutes
by October 31, 2018 and last updated on January 28, 2019 on
Principle 1: Learn from the ancient Egyptians
Taking meeting minutes is an essential activity in all board meetings. But have you ever wondered why it is such a necessary task?
The reason finds its roots deeply in our biology and our psychology. To illustrate, let’s look at our history.
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