Brookfield and Qatari sovereign wealth fund put in an offer for Canary Wharf owner Songbird Estates

first_img whatsapp Thursday 6 November 2014 12:04 pm Show Comments ▼ Qatar’s sovereign wealth fund has partnerred with developer Brookfield Property Partners to make an approach for Songbird Estates, the owner of Canary Wharf.In a statement to the stock exchange this afternoon, Aim-listed Songbird confirmed Brookfield and the Qatar Investment Authority had approached it with an offer, adding that the Qataris already owned a 28.6 per cent stake in Songbird. Meanwhile, Brookfield owns 22.08 per cent of Canary Wharf Group, of which Songbird owns 69.3 per cent. The statement came in response to a story in Real Estate Capital, which said the pair had approached Songbird yesterday afternoon.Songbird’s portfolio is valued at £6.28bn, and includes assets such as One Canada Square. It added that if an unconditional offer is made, “then a mandatory offer will be required to be made for Canary Wharf Group”. Brookfield and Qatari sovereign wealth fund put in an offer for Canary Wharf owner Songbird Estates Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The Wrap Share whatsapp Emma Haslett Tags: NULLlast_img read more

The Raid Des Alpes challenge raises £110k in aid of The Sick Children’s Trust

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPost FunGreat Songs That Artists Are Now Embarrassed OfPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance WealthPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniors Show Comments ▼ Big congratulations to the team of 11 cyclists, who tackled a 735-km ride through the Alps back in September in aid of The Sick Children’s Trust. The ride was inspired by five-year-old Mimi Clarke (pictured, with her mum at the start line of the challenge), who is undergoing treatment for a tumour. “It was harder than we all expected, but we were surprised by Mimi at the start and she helped us push through when we were struggling,” Julius Baer’s Matt Lee (pictured, far left) told The Capitalist. “We had her picture on our water bottles.” The team announced the £110,000 total raised yesterday. Chapeau, lads. Wednesday 19 November 2014 8:13 pm whatsapp Sharecenter_img whatsapp The Raid Des Alpes challenge raises £110k in aid of The Sick Children’s Trust More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comConnecticut man dies after crashing Harley into live bearnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tags: NULL Gabriella Griffith last_img read more

Here’s why some economists are slamming Danny Alexander’s plan to build new homes on public sector land

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus Eliminator Here’s why some economists are slamming Danny Alexander’s plan to build new homes on public sector land We may be in the midst of strong growth and plummeting unemployment, but when it comes to the economy, most people tend to fixate on one thing: housing. While house prices in London and the South East are not rising at the eye-watering levels they were 10 months ago, the cost of housing is driving many people to despair and to give up on the dream of owning a home or even living in London at all. Politicians aren’t entirely immune from the concerns of their electorate, so just one day before the George Osborne’s Autumn Statement, chief secretary to the Treasury Danny Alexander has suggested the government could build and sell houses on public sector land.The houses would be sold back to the private sector at a profit. Alexander gave detail to the proposal, originally announced at the Lib Dem conference back in September, at the launch of the National Infrastructure Plan.Alexander argued commissioning houses through the Homes and Communities Agency would be more effective for home provision than selling public sector land to private firms.”The message to the housebuilding sector would be simple: if you don’t build them, we will,” he declared.However, the government’s latest bright idea for a fresh intervention into the housing market came in for sharp criticism.Deputy director of the Adam Smith Institute, Sam Bowman, said:The housing shortage does not exist because the private sector doesn’t want to build new homes – prices are rising rapidly, which signals demand is outstripping supply and there is profit to be made. The problem is that developable land is so scarce because the planning system makes it so.Bowman argued that selling off public sector land would be a good idea, but if the private sector shows no interest in the land being sold, it’s a pretty clear indication it’s not somewhere people are particularly keen to live.If the government then decides to build houses on the unsold land anyway, it would mean funneling taxpayers’ money into houses nobody wants to buy. The key to alleviating Britain’s housing shortage, says Bowman, is to liberalise the planning system and allow development in places where people actually want to live. In turn, that means “rolling back the green belt”.Bowman was joined in his criticism of the scheme by Mark Littlewood, director general of the Institute of Economic Affairs (IEA), who said:The idea that we need the government to build housing because house prices are high is as absurd as proposing that the increased price of food requires government to buy up land to run farms.Littlewood said the government was correctly identifying the disastrous impact of Britain’s “draconian” planning laws, but was getting the solution completely wrong.”Rather than reforming swathes of red tape, they are simply exempting themselves from existing regulations at the expense of the private sector,” said Littlewood. He added that it was people not governments who needed to decide where homes should be built.According to IEA research, a liberalisation of planning rules surrounding the green belt and decentralisation of the tax system to incentivise development could cause house prices to drop by as much as 40 per cent. A reformed planning system could save the typical family £250 per month.A pilot of Alexander’s proposal is taking place in Northstowe, Cambridgeshire. The Lib Dem frontbencher believes the scheme, if rolled out nationally, could produce 250,000 homes a year. whatsapp Guy Bentley Share Tuesday 2 December 2014 12:09 pm Tags: NULL whatsapp Show Comments ▼last_img read more

Sainsbury’s Christmas in number

first_img Show Comments ▼ Sainsbury’s Christmas in number Tags: NULL whatsapp WHAT is the distance between London and Madrid? The answer is around 23m pigs in blankets. That is how many Sainsbury’s is preparing to sell in the week before Christmas. The grocer expects to be inundated with 30 per cent more food orders than a normal week and to make a record 100,000 deliveries in the three days to 23 December, the last delivery date. Monday 15 December 2014 8:33 pmcenter_img Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Express KCS last_img read more

Jennifer Lawrence was the top-grossing actor of 2014

first_img Jennifer Lawrence was the top-grossing actor of 2014 Billy Ehrenberg Jennifer Lawrence has topped a list of the highest grossing actors of 2014. Forbes, famous for creating a range of measures for financial worth, compiled a list of the top 10 actors based on how much their films grossed in 2014. Lawrence’s films, Mockingjay and X-Men: Days of Future Past, gleaned a cool $1.4bn, putting her top. Second on the list was Chris Pratt ($1.2bn), due largely to his role in this year’s surprise hit Guardians of the Galaxy, which brought in $772m. Guardians had been tipped by some as the first cinematic flop from Marvel; it featured unknown characters and didn’t have the breadth of following enjoyed by other comic-film adaptations. Pratt also added to his total through the Lego Movie, another surprise hit. Closing out the podium was Scarlett Johansson ($1.18bn) whose films included Lucy, The Winter Soldier (part of the Captain America series) and Under the Skin.   whatsapp Monday 29 December 2014 5:42 am Sharecenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsAdvertisement This game will keep you up all night!Hero WarsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndo whatsapp Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.com Tags: NULLlast_img read more

Uber suspends UberPop taxi app service in Spain after court injunction

first_img More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Taxi app company Uber has suspended its UberPop service in Spain after a court ruling banning the ride-sharing app was confirmed.UberPop is a ridesharing service and platform connecting private car owners with passengers who also have the option to split the fare. UberPop mirrors UberX in the US. Uber has been operating in Spain since April but was challenged with an injunction by the Association Madrileña Del Taxi and was given a formal ruling yesterday.Uber said in a blog post:We are temporarily suspending uberPOP in Spain while we appeal the court ruling and look to develop new options to give Spaniards access to safe, reliable rides.During this temporary suspension of uberPOP, we will also collaborate with Spanish politicians to develop the modern framework needed to create a permanent home for Uber and the sharing economy.The company highlighted the conclusions of the Spanish Competition Authority that the current taxi market was uncompetitive and that regulations were making it far too difficult for new players to enter the market.Uber has suffered several blows on the European continent in recent months. France has promised to ban UberPop on 1 January after Parisian taxi drivers staged a mass protest against the San Franciso startup.Earlier this year UberPop was banned in Brussels and there has been a tug of war over the service’s regulation in Germany. The company has been on the receiving end of barrage of criticism over surge price policy, which sees prices rise as demand surges.Uber has warned fares in central London at 2:00am could reach £75 because of high demand after New Year’s Eve. Jeff Misenti whatsapp Uber suspends UberPop taxi app service in Spain after court injunction Show Comments ▼center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirrorzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.com Share Wednesday 31 December 2014 7:28 am Tags: Uber whatsapplast_img read more

Starbucks whips up strong results

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GamePost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun Share Thursday 22 January 2015 9:26 pm Tags: Starbucks REVENUES went up by 13 per cent to $4.8bn (£3.1bn) at Starbucks during the first quarter of the 2015 financial year. The coffee chain’s chairman Howard Schultz said: “Starbucks record performance was exceptional by every metric and standard.” center_img Express KCS Starbucks whips up strong results More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com whatsapp Show Comments ▼last_img read more

Vodafone exceeds expectations with strong UK growth

first_img Sarah Spickernell Show Comments ▼ whatsapp Vodafone exceeds expectations with strong UK growth Vodafone is doing better than analysts had expected, both in the UK and beyond. The figuresDuring the three months to 31 December, group service revenue for the UK telecoms company was £9,789m. Once merger and acquisition activity and foreign exchange rates had been accounted for, this was a 0.4 per cent decline compared to 2013, but the figure still beat analyst expectations of a 0.7 per cent fall.  The company said its better-than-expected results were because of strong UK growth and a steady recovery in the rest of Europe. It also highlighted accelerated growth in India as a contributing factor.Why it’s interestingWhile Vodafone is doing better than expected, investors are waiting to see how the company approaches the rising popularity of bundled packages, which incorporate telecoms and internet services. This “multi-play” market is more established in other European countries than in the UK at present, but Vodafone is expected to take steps towards expanding into the UK’s consumer broadband market soon.  This morning’s announcement that BT purchased EE, the UK’s largest mobile network, for £12.5bn is a sign that competition in the market is heating up.  Sky also voiced its intention to move into the mobile market last month by announcing a partnership with O2. The wholesale deal will enable Sky to offer mobile services to its customers from 2016. What Vodafone saidGroup chief executive Vittorio Colao said European growth was due to more stable pricing:  We have achieved another quarter of improving revenue trends in most of our major markets. Growth in India has accelerated again, driven by data. In Europe, improved commercial execution in both mobile and fixed over the last few quarters, combined with strong data demand and a more stable pricing environment, is supporting the steady recovery in the top line.In shortWhile today’s results indicate Vodafone is on the right path for growth, it continues to lag behind its competitors in terms of entering the multi-play market. Investors will keep an eye on what Vodafone decides to do next.  Shares in the company have been relatively flat over the last few months, although on a slight upward trajectory.   whatsapp Thursday 5 February 2015 2:48 am Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoLivestlyThe Best Redhead Actresses, RankedLivestlyUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoGive It LoveRemember These Rare Sisters? See Them NowGive It LoveUndoSenior Living | Search AdsSenior Apartments Coming to Scottsdale (Take A Look At The Prices)Senior Living | Search AdsUndoDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionUndo Share Tags: Company Vodafone Grouplast_img read more

Ocado delivers first profit of £7.5m but cuts bonuses by 40 per cent

first_imgThursday 12 February 2015 9:28 pm Share Express KCS whatsapp Tags: City bonuses Company employment and wages Ocado Group UK jobs Show Comments ▼ Grocery delivery service Ocado reported its first profit yesterday, of £7.5m for 2014, up from the £5.1m loss in 2013, although top executives had their bonuses slashed by around 40 per cent.Executive directors only reached half their targets, resulting in total bonuses paid dropping nearly £800,000 compared to 2013 totals.Group sales went up by 20.4 per cent to £1.03bn, £972m of which were retail sales, while revenue also grew, by 19.8 per cent to £949m.Chief executive Tim Steiner, said: “We believe the grocery market remains subdued. Moreover, during the period there has been more emphasis placed on price initiatives in the market by the major supermarket groups, to counter the growing threat from discount operators which is exacerbating the decline in supermarket store sales.”Steiner said these initiatives had greatest impact on prices of “certain key value items”. Read This NextBill Maher Pokes Fun at Joe Manchin: He’s a ‘Democrat Except on Matters ofThe Wrap’No Sudden Move’ Film Review: Steven Soderbergh Very Stylishly OverplaysThe WrapAzealia Banks Blasts Candace Owens’ Juneteenth Diss With Callback toThe WrapWATCH: Pittsburgh Pirates hold off Cleveland Indians to snap 10-game skidSportsnautFrom ‘Ratched’ to ‘Halston’: One Editor’s Literal Double TakeThe WrapDave Portnoy, Founder of Barstool Sports, Briefly Suspended From TwitterThe Wrap’Pride’ and Joy: How the FX Docuseries Examines LGBTQ+ Life Through theThe Wrap35 of TV’s Best Father Figures Who Weren’t Actually Dads, From Mr.The WrapHow ‘Silence of the Lambs’ Inspired Elisabeth Moss’s Directing inThe Wrap Ocado delivers first profit of £7.5m but cuts bonuses by 40 per cent whatsapplast_img read more

Car execs call for fresh ideas to save automotive industry

first_imgSunday 1 March 2015 11:15 pm whatsapp Share whatsapp Car execs call for fresh ideas to save automotive industry The automotive industry is in dire need of a new generation of leaders if it is to survive in an increasingly challenging environment according to new research by talent consultancy firm Korn Ferry. The report, released today, which draws upon interviews with more than 50 senior executives from across the industry, found 39 per cent of respondents believed companies lack clear strategy for the future, while only 53 per cent were confident that their company can identify and develop high-potential next-generation leadership talent.It claims that in an era of rapid technological change, automotive companies will have to broaden their search for talent and develop a workforce with the skills to cope with a customer base whose expectations have become increasingly accustomed to the swift upgrades by makers of smartphones and tablets.Further threats to the industry come from disruptive technologies, such as Google’s prototypes of autonomous cars, as well as innovative companies like Tesla challenging the old order. The report said the most important attributes for future leaders in the automotive industry are; strategic agility, the ability to cultivate innovation, dealing with ambiguity, inspiring others and cultural adaptability.According to the report, while some of these attribute are more innate, others can be developed over time, but in combination provide the most valid and reliable predictors of future leadership potential.Chris Donkin, senior client partner at Korn Ferry and author of the report, said: “The results of the survey point to a fundamental shift in the leadership capabilities required to succeed in what is likely to be a prolonged period of slow growth and rapid change. Ultimately, the winners will be those companies that can evolve most quickly, developing streamlined, adaptive talent organisations driven by a new breed of executives with different leadership skills.” center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldNowThisThe No. 1 Country Song of Every Year Since 1944NowThisDiscovery29+ Fascinating U.S. Navy WarshipsDiscoveryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesSmartAnswers.netThis New Volkswagen SUV Is The Car Of Your Dreams.SmartAnswers.netGameday NewsNBA Wife Turns Heads Wherever She GoesGameday News Show Comments ▼ Express KCS Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Tags: NULLlast_img read more