• Fri
  • Dec 19, 2014
  • Updated: 3:26am

Management

Family planning for succession

William Ahern: links good governance and long-term family wealth. Photo: Edmond So

As Hong Kong entrepreneurs from the 1960s pass retirement age, their families are faced with the often difficult problems of succession. Liana Cafolla talks to both business experts and family therapists.

Monday, 30 April, 2012, 12:00am

Mindfulness training can help meditator cut losses

Mindfulness has been found to reduce short-term negative emotions, reduce distraction from the task at hand, and reduce the impact of negative information on attitudes and persistence. Photo: Thomas Yau

Mindfulness meditation is a practice that cultivates awareness of the present moment and clears the mind of other thoughts, often accomplished by non-judgmentally focusing attention on the physical sensations of breathing or other experience as it occurs.

5 Apr 2014 - 1:56am 4 comments

Meet a woman CEO with 9 children

Gender diversity is now a mainstream business issue, part of talent management, in Britain, says Helena Morrissey. Photo: Jonathan Wong

While some women might delay or give up having children to focus on business, Newton Investment Management chief executive Helena Morrissey showed she could have both the career and nine children at the same time.

Morrissey, a British fund manager who now lives in London with her husband and kids, started her career as a bond fund manager in 1987 at Schroders.

7 Mar 2014 - 10:46am 4 comments

Procter & Gamble board’s oversight questioned as boss departs

The abrupt departure of of Bob McDonald from Procter & Gamble has raised questions about corporate planning at the consumer products giant. Photo: Reuters

The sudden exit of Procter & Gamble’s Bob McDonald as chief executive and the return of former chief executive AG Lafley in his place has raised questions about the vigilance of one of America’s highest-profile corporate boards.

29 May 2013 - 2:32pm

Glencore's aluminium chief in shock exit

Glencore Xstrata's head of aluminium, Gary Fegel, is set to leave the company. Photo: Reuters

Glencore Xstrata's head of aluminium, Gary Fegel, is set to leave the company, sources said, the first high-profile departure since commodity trading giant Glencore closed its purchase of miner Xstrata this month.

23 May 2013 - 4:41am

Powering a positive family business unit

Illustration: Henry Wong

"Why am I working 60-plus hours a week to grow this business while my siblings share equally in the dividends but don't have the responsibilities I have?"

This is a question that Johnston Wang, chairman and CEO of his family's manufacturing firm, has asked himself many times.

2 Mar 2013 - 4:17am

France backs Lauvergeon for “major” EADS role

France is lining up behind Anne Lauvergeon, former boss of nuclear power group Areva, where she earned the nickname “Atomic Anne”, who has been nominated to chair EADS. Photo: AFP

France has stepped up support for Anne Lauvergeon as the potential new chairwoman of EADS , injecting fresh uncertainty into efforts to free the European aerospace group’s top management from state interference.

29 Jan 2013 - 10:24am

All the business world's a Cantonese opera stage

Illustration: Martin Megino

Had it not been for a fire, Albert Au Siu-cheung might have ended up as a film star rather than an accountant.

Au, chairman of Hong Kong's fifth-largest accounting firm, BDO, was cast in a movie by his aunt, legendary Cantonese opera star Pak Suet-sin, when he was nine. Alas, the set went up in flames in an accidental fire and the film was abandoned.

19 Jan 2013 - 5:12am

Employers rein in after-hours e-mails to boost productivity

Katey Klippel makes a point of keeping her smartphone in her bag when she returns home from a hard day at the management consulting firm where she works in Washington.

That way, she can better practise what her employer preaches and stop checking her e-mails after hours.

19 Nov 2012 - 3:39am

Jet crew's etiquette manual embarrasses Abercrombie & Fitch CEO

Perfectly groomed male models surround Abercrombie CEO Michael Jeffries both at home and on his private jet, and must follow strict rules at all times. Photo: Edward Wong

The male actors and models who worked on Abercrombie & Fitch's Gulfstream jet had crystal-clear rules for serving CEO Michael Jeffries, right down to the sort of underpants to wear.

20 Oct 2012 - 3:59am

Family feud erupts at clothing firm Lacoste

A family feud at the top of the Lacoste clothing company is pitting father against daughter in a battle for management of the green crocodile brand.

Michel Lacoste, 69, has decided to seek a court ruling against the company board’s nomination of Sophie Lacoste-Dournel as non-executive president, which he told the daily Le Monde was an “irregular” decision “by an irregular board.”

3 Oct 2012 - 3:04pm

'Generation Y' workers prize money and benefits in jobs, survey finds

As employees, Hong Kong's twenty-somethings are impatient, self-centred and likely to place the potential for monetary gain above all else when choosing a job, a survey by a management consultancy shows.

21 Aug 2012 - 3:08am

Changing the way we work

A glimpse into the future of how work is performed can be seen as an increasing number of businesses around the world start to use serviced-office solutions.

15 Aug 2012 - 10:58pm

Letting women take all the risk

The recent spate of scandals in the banking industry has once again focused attention on the seriousness of risk management and the important role played by compliance managers in building a culture of compliance amid the steadily widening web of laws and regulations.

28 Jul 2012 - 12:00am

Time to give time off for new dads

The maxim that the market leads and the government facilitates has served Hong Kong well, but not always. It did not bring the five-day working week, which spread after the government took the initiative in the civil service, followed by the banks.

27 Jul 2012 - 12:00am

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