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Nokia, one of the world's largest telecom equipment manufacturers, is reportedly searching for a new Chief Executive as it faces stagnant sales and a struggling share price. The Finnish company has approached potential candidates to replace Pekka Lundmark, who has served as CEO since 2020. The search is still ongoing,...

Sustainability and environmental issues are taking a back seat for many chief executives, even as consumer concerns about climate change continue to grow, according to a recent report by Bain & Co. Released on Monday, the report highlighted that CEOs are now prioritizing artificial intelligence, business growth, inflation, and geopolitical...

In a significant move following its acquisition of file-sharing platform WeTransfer, Italian app developer Bending Spoons has announced plans to reduce the company's workforce by a staggering 75%. This major restructuring was confirmed by CEO Luca Ferrari, who shared the news in a statement released on Sunday. Ferrari explained that...

Several years ago, I delivered a self-assessment workshop to a CEO peer group in the Midwest, a program that I have since delivered hundreds of times, yet on this day, something extraordinary happened. For context, the workshop is designed for the CEO members and group leader to build an action...

According to Boys & Girls Clubs of America, 7.7 million kids and teens are alone and unsupervised after school, and nearly 25 million lack access to after-school programs. After-school programs promote positive development, including social, emotional, cognitive and academic development while providing a safe space for young people. The team...

In my capacity as a business mentor, I was recently contacted by an owner I was supporting called Bruce. He had just received an offer for his business. This was totally out of the blue. Bruce was ringing me to help him decide whether to accept or reject this offer....

As a SME Owner since 1987, I have discovered a lot about culture. Whilst economists define SMEs by the number of people employed, I define them by the overlap between ownership and leadership. The Owner-Leaders will always be the ultimate leader(s) of the culture because their values and philosophies will...

In a move inspired by Singapore, the Sri Lankan government has announced the immediate implementation of a visa-free policy for citizens of 38 countries, aiming to simplify entry procedures and attract more tourists. The decision comes amid what some are calling a "visa crisis" in Sri Lanka, as the country...

New cooperation agreements between China and several African countries under the Belt and Road Initiative (BRI) are expected to be signed at the upcoming 2024 Summit of the Forum on China-Africa Cooperation (FOCAC). The summit, scheduled to take place from Wednesday to Friday, will see China further deepen its collaborative...

Shares of Hybe, listed on South Korea's Kospi index, surged nearly 5% on Wednesday following the sudden departure of Min Hee-jin, former CEO of ADOR, a sublabel under Hybe. Min’s resignation, announced after market hours on Tuesday, led to a market value increase of approximately $282.05 million for Hybe. This...