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European parking management leader APCOA has named Nicola Veratelli as its new Chief Executive Officer, taking over from Bert Pijls, who has served as interim Executive Chairman since June 2024. Pijls will now transition back to his position as Chairman of the Board. Veratelli is set to officially step into...

ANZ Group Holdings Ltd. reported a lower-than-expected profit, as CEO Shayne Elliott noted intense competition in the mortgage market. For the year ending September 30, ANZ’s cash profit declined to $4.5 billion, down from $4.9 billion the previous year. The results underscore the challenges facing Australia’s major banks, which are...

Being at the head of a company comes with its own unique priorities, from staying on top of the day-to-day challenges that come with running a business to striving for innovative ways to stand out in an increasingly competitive market. Well, what if I told you that ensuring your office...

Recently, I was teaching for the Harvard Alumni Entrepreneurs Thought-Leadership Writing Incubator, and I selected a participant for a live story-framing exercise. This exercise typically demonstrates that The Story Framing System works across topics, but this time, it was particularly challenging. The participant had an ambitious goal: He wanted to...

Amit Kumar, Managing Director and CEO of CarTrade-owned OLX India, has announced his resignation, ending his seven-year tenure with the online classifieds platform to explore "better opportunities." OLX confirmed in a recent statement that Kumar’s resignation from both the directorship and CEO position will be effective January 31, 2025. Kumar’s...

Amazon's founder, Jeff Bezos, recently divested over $3 billion in Amazon shares, cementing his status as the world’s second-richest individual. His cumulative sales for the past year now total $13 billion. According to a regulatory filing, the latest sale includes over 16 million shares. This move coincides with Amazon’s stock...

In recent days, shares of KPIT Technologies have faced significant declines, with a sharp 15% drop recorded on October 24, 2024. The fall came after JPMorgan Chase lowered its target price for the company, citing a revised revenue growth outlook for fiscal year 2025, now estimated at the low end...

Shares of Japanese optics giant Olympus Corp. dropped significantly on Monday following the announcement that CEO Stefan Kaufmann had resigned due to a drug-related accusation. Data from LSEG showed that the company’s stock fell by 5.3% on the Tokyo Stock Exchange in response to the news. Despite the drop, Olympus...

Despite a sluggish economy, the Netherlands’ wealthiest have seen their fortunes grow, with the top 500 individuals amassing a combined wealth of around $273 billion, marking a 5% increase from last year. This growth rate far outpaces the country’s 2023 economic expansion of 0.2% and inflation rate of 4.1%. Charlene...

Alignment isn’t what it used to be. The days when executive teams set the mission, vision, and KPIs and assumed everyone would follow are long gone. Back then, organisations were like trains on tracks, moving along predictable pathways. Not anymore—with cyber-attacks, cost pressures, AI, and hybrid work—life is anything but...