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Zak Brown, CEO of McLaren Racing, has announced an ambitious target to double the representation of staff from underrepresented communities within the organization. Currently standing at approximately 20%, Brown aims to increase this figure to 40% by the end of the decade, with a significant focus on increasing the number...

For the third year running, the United Arab Emirates (UAE) is set to be the world's leading magnet for millionaires, as forecasted by the Henley Private Wealth Migration Report. The report anticipates an unprecedented influx of 6,700 millionaires by the end of 2024, surpassing other nations in attracting wealthy individuals....

A lot has happened in the last 200 years! Think of it. In the early 1820s there was no electricity, no light bulbs, no automobiles, no steam locomotives, no telephones, no refrigerators, no microwave ovens, no internet, no cell phones, no social media and no Starbucks? My God! How did...

The seemingly simple concept of managing positive cash flow trips up all too many business leaders. You must have enough cash on hand to pay your bills, invest in research, develop new products, build efficient plants and so on. Companies with strong balance sheets are resilient and can take advantage...

The Gender Gap Index, now in its 18th edition, evaluates 146 countries. The global gender gap in 2024 stands at 68.6%, showing a marginal improvement of 0.1 percentage points from the previous year. The slow pace of progress suggests that achieving full parity will take 134 years or approximately five...

Carlos Slim, the wealthiest individual in Latin America, has acquired a 3.2% stake in BT, a move that analysts consider a surprising yet strong endorsement of the British telecom company's prospects. Slim, whose net worth is approximately $93 billion, now holds a stake worth around $512 million in the FTSE...

The average worker spends over 11 hours a week manually transcribing and composing their thoughts into text. It’s a necessary step in creating a work document, in sending an email, and in doing average day-to-day work. Even beyond the workplace, people take notes throughout the day on important concepts and...

Alphabet, Google's parent company, announced that Anat Ashkenazi will take over as Chief Financial Officer effective July 31, succeeding Ruth Porat, who transitioned to a new role as President and Chief Investment Officer almost a year ago. Strong Leadership Transition Anat Ashkenazi brings with her a wealth of experience from...

Developed nations seem to have finally met their goal of raising US$100 billion in climate aid for developing countries in 2022, two years past the original deadline. The Organisation for Economic Co-operation and Development (OECD) reported a total of US$115.9 billion raised for climate-related projects, marking a record surge in...

We inhabit a world that is fiercely competitive and exceedingly complex. Succeeding in the business realm is becoming increasingly difficult, with every moment being precious. Nonetheless, effective leadership can significantly influence an organization's success. CEO’s have the power to provide a competitive advantage by exemplifying and mentoring discipline, articulating a...