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by Sunny Bindra

Archive for the 'Business Daily' Category


The expatriate manager is a declining species

Friday, August 29th, 2008
Business Daily | No Comments »

“Executive expatriates are expensive, as many multinational firms have learned. Moving a manager to a factory or corporate office in Dubai, Russia, or India can be a costly experience after providing relocation dollars, tax equalization, and housing allowances. For that reason and others, Western and non-Western companies competing in emerging ...click here to read the full article.
Why I back Starbucks to bounce back

Friday, August 22nd, 2008
Business Daily | No Comments »

“On July 1st (Starbucks), based in Seattle, said it would close a further 500 stores in America (in addition to the 100 closures it announced earlier this year) and reduce its workforce of roughly 172,000 by around 7%. A remarkable 70% of the stores due to close were opened after ...click here to read the full article.
Teams: Why 2+2 is not always 4

Friday, August 15th, 2008
Business Daily | No Comments »

“In the late 1920s, a German psychologist named Max Ringelmann compared the results of individual and group performance on a rope-pulling task. He expected that the group’s effort would be equal to the sum of the efforts of individuals within the group. For instance, three people puling together ...click here to read the full article.
What every leader must know about communication

Friday, August 8th, 2008
Business Daily | 1 Comment »

“…Mr (Gordon) Brown’s most damaging flaw: he is a lousy communicator. A failing in any leader, for Mr Brown this weakness has proved catastrophic…Sadly (for him and for Labour), Mr Brown has a bad habit even more damaging than saying impossible things: saying nothing at all, often at excruciating ...click here to read the full article.
The power shifts revealed by the new Fortune Global 500

Friday, August 1st, 2008
Business Daily | 4 Comments »

The 2008 Fortune Global 500: 1. Wal-Mart Stores 2. Exxon Mobil 3. Royal Dutch Shell 4. BP 5. Toyota Motor 6. Chevron 7. ING Group 8. Total 9. General Motors 10. ConocoPhillips Fortune (July 21, 2008) What’s new in Fortune’s Global 500 List? Well, 6 of the top 10 ...click here to read the full article.
The Ambani brothers are still snatching each other’s toys

Friday, July 25th, 2008
Business Daily | No Comments »

“A bitter rivalry between two Indian billionaire brothers has scuttled negotiations to combine two of the developing world’s largest mobile-phone carriers. South Africa’s MTN Group Ltd. and India’s Reliance Communications Ltd. called off talks Friday over a potential multibillion-dollar deal that would have created a wireless giant. Behind ...click here to read the full article.
If you want to achieve nothing - hold a mega-conference!

Friday, July 18th, 2008
Business Daily | 3 Comments »

“So the summit ended as such summits always do. The delegates agreed on the importance of the problem, the urgent requirement to spend more money: they emphasised the need for co-ordinated action, and resolved to meet again in future to reach the same conclusions. If you have no substantive analysis ...click here to read the full article.
Multi-tasking can kill you, kill your career

Friday, July 11th, 2008
Business Daily | 2 Comments »

“…In a 2005 Australian study published in the British Medical Journal, researchers interviewed, during a 27-month period, 456 hospitalized cell phone users who had each been involved in a crash. The scientists combed the drivers’ call records to see how cell phone use affected their driving. Whether they talked ...click here to read the full article.
Managers should develop a “Let’s Go See” attititude

Friday, July 4th, 2008
Business Daily | 1 Comment »

“Throughout your career people will approach you with all manner of real-life problems resulting from your work. A wonderfully effective response is to invite them to have a look with you - in other words, “Let’s Go See!” It is seldom adequate to remain at one’s desk and ...click here to read the full article.
Gentlemen, burn your ties - and free your spirit!

Friday, June 27th, 2008
Business Daily | No Comments »

“According to a recent Gallup Poll, the number of men who wear ties every day to work dropped to a record low of 6%, down from 10% in 2002. U.S. Sales have plummeted to $677.7 million in the 12 months ending March 31, from their peak of $1.3 billion ...click here to read the full article.
Business has many casualties - but many do last the race

Friday, June 20th, 2008
Business Daily | 3 Comments »

“Of the 500 companies that appeared on the first (Fortune 500) list, in 1955, only 71 have a place on the list today. Nearly 2,000 companies have appeared on the list since its inception, and most are long gone from it. Dozens of companies on this year’s list ...click here to read the full article.
Want to think better? Use your legs!

Friday, June 13th, 2008
Business Daily | 2 Comments »

1. You learn 20% faster immediately after exercise than after sitting still. 2. If our ancestors sat still in the savanna for eight hours straight…they became somebody’s lunch. Our brains developed while we walked about 12 miles a day, seven days a week, for several million years. 3. The brain’s ...click here to read the full article.
Why financiers periodically set fire to the economy

Friday, June 6th, 2008
Business Daily | No Comments »

“Twenty-five years ago, when most economists were extolling the virtues of financial deregulation and innovation, a maverick named Hyman P. Minsky maintained a more negative view of Wall Street; in fact he noted that bankers, traders, and other financiers periodically played the role of arsonists, setting the entire economy ablaze. ...click here to read the full article.
Lessons from Heathrow’s Terminal 5 meltdown

Friday, May 30th, 2008
Business Daily | No Comments »

“The gleaming 3.4bn pound new terminal at Heathrow Airport was opened to the public…and immediately went into meltdown when its baggage system failed. Over the course of five days, more than 250 flights were cancelled, and 20,000 pieces of luggage were separated from their owners. The chaos was ...click here to read the full article.