When insurance comes up for renewal or when organisations examine various areas where costs have to be reduced, inevitably, insurance premiums emerge for attention. In some cases, the process can be carried out with the surgical precision of a scalpel, whilst in other cases, it can be as brutal as wielding a machete. In either case the intention is the same – to reduce the cost of insurance premiums.
When companies tell you they aren’t hiring because of the recession, don’t believe them. What they mean to say is that during a recession, they are very, very discerning about who they hire and who they keep on their team. However, every company is always hiring as long as they believe they are getting an amazingly talented person who fits well within their culture.
Although the cause of the current financial crisis within the United States and beyond can be attributed to a number of factors, the most significant of these is the mismanagement of risk. Risk management, in one form or another, has always been the cornerstone of American banking. However, the current crisis has revealed a number of factors within risk management that have led to the failures experienced across the Western financial frontier and beyond.
Riad Salameh, Central Bank of Lebanon Governor for the past 16 years, has been widely praised inside and out of Lebanon for his careful guidance of the country’s monetary system through difficult times of war and social upheaval. His strict regulation has paid dividends: Lebanon’s banking system is an example of stability in the midst of international economic crisis.
Knowing the signs of money laundering and taking steps to ensure institutional compliance to anti money laundering (AML) measures can be a natural, beneficial process for Middle Eastern financial institutions. However, the financial institutions that choose not to educate themselves and not to comply with AML laws and regulations can face severe, and often expensive, consequences.
New labour policies that align supply and demand must be instituted to reflect economic liberalisation and the gradual withdrawal of states from markets. They must create sustainable opportunities for nationals and protect the rights of non-nationals. Most important, they must provide security against economic fluctuations.
Members of Priority Pass, the world’s largest independent airport lounge program, recently gave their top travel tips in response to a survey. The wide-ranging advice is a useful check-list for anyone preparing for a trip, and covers tips to save money, avoid stress, protect yourself and your belongings, and much more.
Although a specific corporate or industry sector has little or no control over the direction and speed of any economic fluctuation, what happens within our workplaces and the associated performance is wholly within the remit of individual organisations to create the conditions for optimum effectiveness.
We are not economists or financial gurus, but we do know how gutsy leaders think and act. Gutsy leaders are game changers; they redefine the game, the field, the rules and even the competition. Game changers defy mediocrity, declare war on complacency, explore the uncharted, risk the unthinkable and do the unconventional. Here are 10 things you can do to lead yourself and your people through these tough times. Be a game changer and practice these 10 strategies ... your future depends on it!
Steve Farber is an executive coach, speaker and best-selling author. His new book, Greater Than Yourself: The Ultimate Lesson of True Leadership, is a USA Today and Wall Street Journal best-seller. His second book, The Radical Edge, was hailed as “a playbook for harnessing the power of the human spirit”, and his first book, The Radical Leap: A Personal Lesson in Extreme Leadership, was recently named in The 100 Best Business Books of All Time.
When insurance comes up for renewal or when organisations examine various areas where costs have to be reduced, inevitably, insurance premiums emerge for attention. In some cases, the process can be carried out with the surgical precision of a scalpel, whilst in other cases, it can be as brutal as wielding a machete. In either case the intention is the same – to reduce the cost of insurance premiums.
When companies tell you they aren’t hiring because of the recession, don’t believe them. What they mean to say is that during a recession, they are very, very discerning about who they hire and who they keep on their team. However, every company is always hiring as long as they believe they are getting an amazingly talented person who fits well within their culture.
Although the cause of the current financial crisis within the United States and beyond can be attributed to a number of factors, the most significant of these is the mismanagement of risk. Risk management, in one form or another, has always been the cornerstone of American banking. However, the current crisis has revealed a number of factors within risk management that have led to the failures experienced across the Western financial frontier and beyond.
Riad Salameh, Central Bank of Lebanon Governor for the past 16 years, has been widely praised inside and out of Lebanon for his careful guidance of the country’s monetary system through difficult times of war and social upheaval. His strict regulation has paid dividends: Lebanon’s banking system is an example of stability in the midst of international economic crisis.
Knowing the signs of money laundering and taking steps to ensure institutional compliance to anti money laundering (AML) measures can be a natural, beneficial process for Middle Eastern financial institutions. However, the financial institutions that choose not to educate themselves and not to comply with AML laws and regulations can face severe, and often expensive, consequences.
New labour policies that align supply and demand must be instituted to reflect economic liberalisation and the gradual withdrawal of states from markets. They must create sustainable opportunities for nationals and protect the rights of non-nationals. Most important, they must provide security against economic fluctuations.
Members of Priority Pass, the world’s largest independent airport lounge program, recently gave their top travel tips in response to a survey. The wide-ranging advice is a useful check-list for anyone preparing for a trip, and covers tips to save money, avoid stress, protect yourself and your belongings, and much more.
Although a specific corporate or industry sector has little or no control over the direction and speed of any economic fluctuation, what happens within our workplaces and the associated performance is wholly within the remit of individual organisations to create the conditions for optimum effectiveness.
We are not economists or financial gurus, but we do know how gutsy leaders think and act. Gutsy leaders are game changers; they redefine the game, the field, the rules and even the competition. Game changers defy mediocrity, declare war on complacency, explore the uncharted, risk the unthinkable and do the unconventional. Here are 10 things you can do to lead yourself and your people through these tough times. Be a game changer and practice these 10 strategies ... your future depends on it!
Steve Farber is an executive coach, speaker and best-selling author. His new book, Greater Than Yourself: The Ultimate Lesson of True Leadership, is a USA Today and Wall Street Journal best-seller. His second book, The Radical Edge, was hailed as “a playbook for harnessing the power of the human spirit”, and his first book, The Radical Leap: A Personal Lesson in Extreme Leadership, was recently named in The 100 Best Business Books of All Time.
In recognition of its growing regional importance, this report focuses on Saudi Arabia’s real estate market
