SHANGHAI, April 25- U.S. retailer Wal-Mart Stores Inc has appointed a new chief executive for the China region, where the world's largest retailer is battling stiff competition from local rivals. Sean Clarke, a Wal-Mart veteran and current chief operating officer in China, will take over the China CEO role from June 1, a statement from the firm said on Friday.» Read More
Businesses that find a hiring advantage can lead the economic recovery. Historically, the key to accelerating business growth is innovation; the same principle needs to be applied in a recovering job market.
If you do not get right with yourself and those who believe you and believe in you, you are in sickness and stinking thinking.
Standard Chartered, the UK-listed, Asian-focused banking group unveiled a full-year profit of more than $5 billion and said it was to pay bonuses totaling $1.1 billion.
For a company that so many people admire, it would certainly be ironic to see a scandal bring Toyota down. Toyota would then be studied not only for its history of success based on quality, but also as an object lesson on what happens to a brand when integrity is compromised.
Warren Buffett can be a great boss, hands-off and complimentary, with plenty of great advice if you want or need it. But it really helps if you're making money for him. Otherwise, writes Alice Schroeder in the new Bloomberg BusinessWeek magazine, "the famously passive investor can swing into action to protect his investment."
Coca-Cola's decision to purchase their North American bottler Coca-Cola Enterprises is not a reversal of company strategy, but will allow both companies to strengthen their partnership and business in the North American and European markets, Muhtar Kent, Coca-Cola's CEO told CNBC Thursday.
Judging by Thursday's share price performance, RBS has delivered all that has been asked of it. The bank's loss wasn't anything like as bad as analysts had expected, non-performing loans have peaked and the core operations (the bits it's going to hang on to) were profitable.
What is that one essential skill that would make or break your decision to promote someone to senior leadership? We all know the standard ones of communication, management, strategic planning experience, etc. But what is that one crucial qualification that would kill the decision for you?
The key to responding to such cataclysmic shifts is to focus the kind of ingenuity and creativity that companies now devote to product innovation to devising innovative new business models to take those new ideas to market, writes the author.
Here are five key steps that business owners can take right now, during this lulled economy, to grow their market share and profit amidst the feeling of the widespread panic.
As someone who studies the way people perceive risk, and the importance of trust to those perceptions, it continues to amaze me how many smart successful firms like Toyota manage to forget the importance of trust until they’re in trouble, and then they have to spend huge amounts of money and effort, for years, trying to rebuild it, writes the author David Ropeik.
That got your attention, didn't it? Buxom gals showing off their assets is a sure way to get people (men) to stop in their tracks and pay attention.
Today, Goldman Sachs sued seven former private wealth management employees recently poached by Credit Suisse...Some argue that poaching talent is unethical; others say it encourages competition.
Baby Boomers' willingness to take risks makes them a group of remarkable entrepreneurs. They taught us the importance of timing and having the courage to stand up and think for ourselves.
Goldman Sachs says Marc Spilker, co-head of the firm's Investment Management Division, is retiring from the firm.
A lot of CEOs have spent the last year barely hanging on. Some businesses have not succeeded, but others are edging back from the brink. They're hoping that with a little more time, and a little more luck, they'll make it. Anne Mulcahy knows how they feel.
Institutional Investor Magazine has named its 2010 list of the best CEOs in the U.S., as well as top CFOs, investor relations professionals and companies singled-out for providing the best investor relations.
“It’s time to finally put the performance review out of its misery. This corporate sham is one of the most insidious, most damaging, and yet most ubiquitous of corporate activities,” writes the author in the new book.
Citigroup may have some credit worries in the near-term, but profitability is not a concern on any long-term basis, Vikram Pandit, CEO of Citigroup, told CNBC.
Layoffs, pay cuts—nobody wanted to focus on them. But they are returning. Caterpillar announced a lower than expected revenue; Verizon will cut 13,000 jobs, and Boeing spacer is cautious about 2010. And amidst all this, The Wall Street Journal advises us to stay happy.
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