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Blog Archives: Nigel Phillips

Google breathes new life into its managers

Google has often been called the best place in the world to work. It provided free food, volley-ball courts and one day a week where engineers could just be 'creative'. Now it has grown and has tens of thousands of employees and thousands of managers, some of whom were deemed to be poor. Google determined to build better bosses. Google discovered the biggest variable among employees' reasons for leaving Google, was the quality of their managers and so it decided to tackle the issue of poor management, by studying its own mass of data. Google ran all its performance appraisals, feedback surveys and hiring records through its systems, to rank the traits of a good manager, in an exercise called Oxygen. Google's head of HR, Laszlo Bock, said: "We'd always believed that to be a manager, particularly on the engineering side, you need to be as deep or deeper a technical expert than the people who work for you. It turns out that that's absolutely the least…

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Breaking News

Puma signs UK rap star for social role. It has appointed Professor Green as its first "social ambassador", in a role that will set the UK rap star to work on the sport brand's press, retail and social media campaigns. SANTANDER UK PLC The bank said it will appoint Steve Pateman as an executive director and that Pateman will continue to be responsible for corporate and SME banking while taking on business banking. ADVENT INTERNATIONAL The global private equity firm hired Christopher Fraser as an adviser for the firm's operating partner program. He will advise on opportunities in the industrial sector, with a focus on chemicals and materials. His most recent position was president and CEO of Chemical Lime. ANGELO GORDON & CO L.P. The investment firm said Mark Visser joined its private equity group as a managing director. Prior to joining Angelo Gordon, Visser was a partner at Behrman Capital. BNP PARIBAS INVESTMENT PARTNERS The asset management arm of French banking giant BNP Paribas…

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Financial Focus

Gaddafi has vowed to fight on, despite enduring a fourth night of air strikes, saying he is "ready for battle, be it long or short". Libya, a member of OPEC, has already reduced its oil production by an estimated 75%, and the ongoing conflict is likely to see further cuts. UNREST in the Middle East continues, and the UN human rights office yesterday voiced their concerns about the excessive use of force against protestors in Yemen, Bahrain and Syria. The Egyptian stock market, which reopens today after seven weeks, is expected to fall sharply. UK PUBLIC borrowing recorded its worst February ever, and inflation surged to a 28-month high, the Office for National Statistics revealed yesterday. Consumer price inflation rose to 4.4% and retail price inflation rose to 5.5%, with both figures exceeding economists’ forecasts by some margin. UK FACTORY orders growth picked up more than expected in March, with the Confederation of British Industry’s survey showing a total order book balance of +5 from…

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Breaking News

Andy Coulson falls on his feet with media consultancy role. David Cameron's former director of communications, who resigned in January, takes PR role 'providing strategic advice.' The former News of the World editor, who resigned as the No 10 communications director in January, has signed up One Young World as his first client for a new media consultancy. STONEHAGE GROUP The wealth management and advisory services provider appointed John Craven as a senior adviser. Craven is currently chairman of Argentinean gold mining company Patagonia Gold . M&G INVESTMENTS The UK-based investment management firm hired James Tomlins to its retail fixed income investment team. Tomlins joins from Cazenove Capital Management. LinkedIn, the business social networking site, is poised to step up its global marketing after making two senior appointments. Clive Punter has been promoted to global managing director for marketing solutions, having previously headed the division in Europe. A former CBS Outdoor chief, Punter will report to Mike Gamson, senior vice-president of global sales. LinkedIn has…

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When work is your passion

Work is not always being seated at a desk eight hours a day. Some jobs allow people to cultivate their passions. One example; mountain guides. They mix their love for nature and sport with an unconventional job that requires years of specialisation, physical ability and technical skills. A mountain guide is an adventure tourism guide who has developed a specific series of skills, which he or she employs to lead people into high mountain environments, and back again, in a safe and enjoyable fashion. "Becoming a certificated guide means earning International Federation of Mountain Guides Associations (IFMGA) qualification,” says Jason D. Martin, operations manager of the American Alpine Institute (AAI). “The IFMGA qualification is an international standard for professional mountain guides, accepted by 25 countries across the globe” confirms Betsy Novak, who is executive director of the American Mountain Guides Association (AMGA ). The successful candidate has completed three courses in three disciplines: rock, alpine and ski. “Ironically,” says Martin of AAI, “only a small…

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Financial Focus

DAVID Cameron told the UK Parliament that yesterday’s military action by coalition forces had destroyed almost all of Libya’s air defences, paving the way for an effective no-fly zone. Russia and China criticised the bombings in Libya yesterday, but the head of the 22-nation Arab League, Amr Moussa, insisted that the group respects the UN resolution despite reports of dissent. ELSEWHERE in the Arab world, EGYPT’S stock market will reopen following a 7-week closure tomorrow, after a vote saw 77% of Egyptians back pro-democracy amendments to its constitution. In SAUDI ARABIA demonstrators gathered in support of King Abdullah, diffusing the threat of violence. In YEMEN seven ambassadors and 18 senior military staff defected to the opposition yesterday as the government vowed to use the army to prevent a coup. In BAHRAIN, 95 people have gone missing since a government crackdown, and King Hamad bin Isa al-Khalifa said a foreign plot to end his reign has failed. ISRAEL has been hit by more than 50 rockets…

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Breaking News

Toyota abolish UK marketing director role following a review of its management structure.Jon Williams, managing director of Toyota GB, has announced that marketing director John Thomson will take on a "new assignment" within the Toyota Motor Corporation in Japan.Marketing will be carried out by the positions of general manager vehicle marketing and general manager marketing communications, both of whom will report to commercial director Matt Harrison. CITIGROUP INC The bank appointed Brian McCullough as a managing director in its financial institutions group in Asia-Pacific. McCullough joins Citi from PacBridge Capital Partners in Hong Kong where he was a partner and head of corporate advisory and financing since January 2009. MASTERCARD The credit card giant said Ron Hynes has been appointed as group executive, Global Prepaid Solutions, effective immediately. Hynes has been with MasterCard since 2006. TULLETT PREBON PLC The British inter-dealer brokerage named John Abularrage as chief executive of the Americas and Martin Lynch as chief operating officer of the Americas. Both Abularrage and Lynch…

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Financial Focus

International forces launch second wave of air strikes on Libya early on Monday after halting the advance of Muammar Qaddafi's forces on Benghazi and targeting air defences to let their planes patrol the skies. ENGINEERS restored electricity to three reactors at a crippled Japanese nuclear power plant and hope to test water pumps at the quake-damaged facility soon, the first clear signs of progress in tackling the world's worst atomic crisis in 25 years. BAHRAIN’S King bin Isa Al Khalifa said a foreign plot against his kingdom had been foiled, but opposition groups said on Sunday that they stood by earlier demands for political reform. CROWDS set fire to a headquarters of the ruling Baath Party in the Syrian city of Deraa on Sunday, as the wave of unrest in the Arab world shook even one of its most authoritarian states. US sales of previously owned homes were forecast to have dropped in February to a three-month low, according to 60 economists surveyed by Bloomberg.…

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Breaking News

Citigroup has appointed Brian McCullough as MD in its financial institutions group (FIG) in Asia-Pacific. McCullough joins Citi from PacBridge Capital Partners in Hong Kong where he was a partner and head of corporate advisory and financing since January 2009. Interbrand chairman Rita Clifton has been appointed as the new chairman of social enterprise charity group BTCV, formerly the British Trust for Conservation Volunteers. She will take up her new role on 1 April. Rainey Kelly Campbell Roalfe/Y&R's deputy chairman Tony Harris is leaving the agency to join BBDO Guerrero/Proximity Philippines, as its new chief executive. Harris, who has worked at RKCR/Y&R for the past 12 years, will move to the Philippines later this year. Gary Sharpen, the executive creative director of WDMP, is leaving the agency after three years to pursue other interests. Sharpen joined WDMP in January 2008 as its first executive creative director. Subway is set to appoint Burger King's Manaaz Akhtar as its UK marketing director. Akhtar, who will take up…

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Financial Focus

THE UN Security Council has passed a resolution to intervene in the Libyan crisis, allowing international and Arab League forces to take direct military action to protect Libyan civilians under threat.  Qaddafi called the ruling “craziness, madness, arrogance” but pro-democracy protesters sounded horns and set off fireworks on hearing the news. FOLLOWING an emergency meeting of the G7 nations, major central banks agreed to take action to drive the yen lower after it surged to a new record against the dollar, fuelling fears that Japan’s economy would suffer further as its goods became less competitive. The dollar spiked immediately on the news, and the Nikkei jumped 3% in the first hour of trading. ENGINEERS raced to restore a power cable to an earthquake-damaged nuclear power plant on Friday, in the hope of restarting equipment to pump cold water on overheating fuel rods and avert a catastrophic release of radiation. US MANUFACTURING output increased by 0.4% in February, the sixth monthly rise in a row, reinforcing…

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