By Stanislav Shekshnia, Kirill Kravchenko and Elin Williams We often hear that running a large company is one of the most complex jobs in the world. Business schools, strategic consultancies, headhunting firms, training providers, executive coaches all have a tendency to mystify the work of the CEO. However, effective CEOs see their jobs in much…
King Abdullah Economic City (KAEC) in Jeddah, Saudi Arabia, was the centre of attraction as TRENDS, along with INSEAD Business School, held the Top CEO Conference & Awards 2018 on April 10 and 11. Into its fourth edition, the two-day mega event witnessed scores of top chief executives of publicly listed companies from various sectors…
The fifth edition of arab luxury world, the Middle East’s leading conference on the business of luxury, has drawn to a successful close. This year, regional and global experts from the world of luxury converged at the JW Marriott Marquis Dubai, to discuss ‘The New Consumer, Consumption, and Change.’ The two-day conference – organised by…
With VAT of five percent becoming effective across the UAE and Saudi Arabia on January 1st, and the rest of the GCC following suit later in 2018, questions are being asked about what this means for the region’s mobile phone market. International Data Corporation (IDC) monitors this space on a continuous basis through its Quarterly Mobile…
Global experience clearly demonstrates that the heritage built by the founders declines or even disappears in the case of family business groups, which are currently being run under the leadership of the third generation of the founder’s family. However, on the contrary, in the case of business tycoon Haj Youssef Bayahi, who passed away in…
Noon, the digital marketplace created in the region, for the region and powered by the region’s leading retailers, has signed a partnership agreement with United Electronics Company (eXtra) that establishes the Saudi electronics giant as Noon’s exclusive partner for a range of consumer electronics and home appliance items such as Samsung, LG, Sony, Braun, Kenwood…
Conventional thinking says that conflict is bad for teamwork and should be kept out of the office, but putting individuals in a conflictual state of mind can enhance their creativity. The workplace can be full of conflict. Groups of people, driven by different goals inevitably find themselves at cross purposes and disagreements flare up, regardless…
Ramadan maybe a low period for corporate activity but is an important time for businesses in the UAE, particularly those in the hospitality, food and consumer sectors. While hotels witness a drop in guest spending, as well as a dip in occupancy that’s typical of the blazing summer months, on-spend per room actually increases with…
It’s nice when your boss trusts you. But some managers let you have such a long leash that they don’t know what you’re really doing or can’t provide the feedback you need. How do you work with a manager who is too hands-off? START WITH YOU First things first: Ask yourself why your boss isn’t…
Happy people work differently. They’re more productive, more creative and willing to take greater risks. And new research suggests that happiness might influence how firms work, too. Companies located in places with happier people invest more, according to a recent paper by Tuugi Chuluun of Loyola University Maryland and Carol Graham of the Brookings Institution….
