Leadership
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Employees, Customers First During Downturn
No industry was hit harder than the automotive business during the Great Recession, but the nation’s biggest vehicle remarketer got through the downturn in large part by focusing on — and trying to meet — the needs of its two most important constituencies: customers and employees. KAR Global, a $2.4 billion company headquartered in Carmel, Indiana, has benefited from a robust used-car market over the last decade and from the major decision by CEO Jim Hallett to acquire an operation that took the company into e-commerce several years ago. …
Tolerance and Compassion
About 5 to 10 percent of the U.S. population have some form of Attention Deficit Hyperactivity Disorder or Attention Deficit Disorder, according to the literature, meaning that a good number of CEOs are likely afflicted by these conditions. But Genesis10 CEO Harley Lippman proves that a determined business leader can overcome ADD. In fact, Lippman believes that executives actually can leverage some of the characteristics of attention-deficit disorders to make themselves exemplary leaders—and maybe even provide lessons to other CEOs not so…
Kristine Anvik Leach's Penguin Spirit
Penguins are resilient and reliable. They enter monogamous relationships, nest in the same rookery for life and survived whatever killed the dinosaurs. That’s why Kristine Anvik Leach, Managing Director of Jotun India , likes to call everyone she works with a penguin. “I’ll walk right up to them and say, ‘Good morning penguin!’” It seems unusual but at Jotun they call it the ‘penguin spirit’, an effort to associate workers with the symbol of company culture. “The penguin values loyalty, care, respect and boldness,” she tells The …
Balram’s satisfaction.
Balram Singh Yadav is a very satisfied man. Forget for a moment the financial success this Managing Director has generated for Godrej Agrovet (GAVL) or the phenomenal growth the company has enjoyed since he took over the reins a decade ago. There’s a lot more to Balram’s satisfaction. It goes much deeper. “Coming from my heart, the past 29 years in this job have been enormously satisfying. Seeing the farmers working with us graduate from a bicycle to a motorcycle, learning new things, growing and prospering with us, sending their kids…
The Worldpay Deal
The deal values Worldpay at far more than the £2 billion it was sold for by Royal Bank of Scotland in 2010 when the bank was forced to dispose of it under EU state aid rules. The deal creates the world’s biggest electronic payments business by market value, linking banks and credit card companies with billions of consumers who are increasingly shunning cash. Worldpay, formerly Streamline, was set up in 1989 as a subsidiary of National Westminster Bank. Natwest was bought by RBS in 2002 and the payments business was renamed RBS Worldpay.…
