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Who is Kevan Parekh? The successor to Apple’s long-standing CFO Luca Maestri
- Apple Inc. has appointed Kevan Parekh as its new Chief Financial Officer, effective January 2025, succeeding Luca Maestri.
- Parekh, who has been with Apple since 2013 and currently serves as Vice President of Financial Planning and Analysis, brings over a decade of experience in Apple's finance leadership. His prior roles include positions at Thomson Reuters and General Motors.
- Parekh holds a B.S. in Electrical Engineering from the University of Michigan and an MBA from the University of Chicago. The transition is expected to be smooth, with Maestri expressing strong confidence in Parekh’s abilities.
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5 Reasons You’re Not Getting Promoted
- Comfort Zone: Staying too long in one role can make you indispensable but stagnant.
- Not Asking: Proactively manage up and build a case for your promotion.
- Missing Skills: Seek feedback, develop new skills, and prepare for the next level.
- Lack of Visibility: Make sure key leaders know you by taking on high-profile projects.
- Ignoring Feedback: Embrace constructive criticism to show growth and dedication.
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More Americans are working past age 65 and that’s good news for employers
- As more Americans choose to work past age 65, employers stand to benefit from the diverse expertise and adaptability of older workers.
- With a record number of employees entering their later years, companies must recognize the value they bring to the workforce. Older workers excel in essential "soft skills," such as communication and relationship management, crucial in today's complex work environments.
- Moreover, their experience makes them adept at adapting to new technologies, including AI. By embracing age diversity and actively recruiting older talent, organizations can build smarter, more effective teams, gaining a competitive edge in today's multigenerational workforce landscape.
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In my lowest points I doubted if women can be founders: Sugar CEO
- SUGAR CEO Vineeta Singh disclosed her early struggle with the lack of female role models. Despite reading extensively on entrepreneurship, none highlighted women.
- Reflecting on her lowest points, she confessed doubting women's entrepreneurial capabilities. Singh, co-founder of SUGAR Cosmetics, stresses the importance of diverse representation in entrepreneurial stories.
- Her journey highlights the necessity of showcasing women's achievements to inspire future generations of entrepreneurs and foster inclusivity in the entrepreneurial landscape.
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Your Narcissistic CEO Is Surrounded By More Narcissists
- Dealing with a narcissistic CEO or senior leader can present unique challenges in the workplace. Research reveals that narcissistic leaders often surround themselves with like-minded individuals, potentially creating a volatile environment.
- Understanding the traits of narcissism and its implications is crucial for employees. Strategies such as maintaining professionalism, navigating office politics, and building alliances with key influencers can help mitigate the impact of narcissistic leadership.
- While challenging, developing skills to manage interactions with narcissistic leaders is essential for career success and organizational stability.
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Jeff Bezos uses 'mind wandering' to boost his productivity; here's what it is
- Jeff Bezos, the visionary mind behind Amazon and Blue Origin, champions a unique approach to productivity that defies conventional wisdom.
- Embracing what he terms "mind wandering," Bezos eschews rigid schedules and time blocking in favor of allowing space for creativity and exploration. In his own words, he advocates for "messy meetings," where ideas are freely exchanged and challenged.
- Studies affirm that such divergent thinking not only enhances productivity but also fosters creativity and happiness. Bezos' method involves subjecting his ideas to rigorous scrutiny before engaging in collaborative brainstorming sessions, resulting in innovation that is both enjoyable and fruitful.
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Zerodha’s Nikhil Kamath does 16-hour intermittent fasting; here’s how he beats cravings
- Zerodha co-founder Nikhil Kamath recently disclosed his adherence to a 16-hour intermittent fasting regimen, relying on coffee to curb his appetite.
- "I don't eat till 2 pm, and coffee somehow suppresses my appetite," Kamath remarked, detailing his routine of consuming coffee around 9 am and noon, sustaining him till the afternoon.
- His fasting practice even influenced his investment decisions, leading him to invest in Subko Coffee, which he praised for its unique flavors. "It does taste better than Starbucks," Kamath noted, highlighting the brand's quality and distinctiveness in taste.
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Zilingo ex-CEO Ankiti Bose files FIR against co-founder
- Ankiti Bose, co-founder and former CEO of Zilingo, has filed a criminal complaint against fellow co-founders Dhruv Kapoor and ex-COO Aadi Vaidya, alleging cheating, criminal intimidation, conspiracy, and harassment.
- Bose accuses Kapoor and Vaidya of deceiving her and Zilingo's investors for financial gain, claiming they coerced her to surrender shares and business under false pretenses. In her complaint, she asserts that Vaidya engaged in misconduct by falsely attributing loss-making deals to her and threatening her with false implications to investors.
- Bose reflects on her dismissal, citing the public dispute and media scrutiny as hindrances to addressing the core issues.
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Ex-McKinsey employee shares why he quit the Rs 1.7 crore pa job
- Former McKinsey & Company associate reveals the grueling reality behind his decision to resign from a lucrative Rs 1.7 crore per annum job.
- Citing an overwhelming workload and mental strain, he described working from early morning till late at night, neglecting basic needs and experiencing physical and mental deterioration.
- Lack of guidance, intimidating behavior from superiors, and a toxic work environment exacerbated his struggles, leading to a three-month mental health leave. Despite encountering challenges, he appreciated the high standards and camaraderie among colleagues.
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How to NOT kill a company! Shark Tank fame Anupam Mittal's 3 interview hacks for hiring
- Anupam Mittal, CEO of Shaadi.com, stresses the critical importance of hiring the right leadership to prevent company failure
- He shares three key strategies for selecting senior leaders: multiple relaxed meetings to gauge confidence, unnamed reference checks for candid insights, and prioritizing "builders" – individuals with high learning agility, ownership, outcome orientation, and candor.
- Mittal emphasizes the need to avoid toxic influences like preachers or politicians and instead seek out leaders who challenge norms and drive results. He concludes that investing time in building a strong leadership team is essential for organizational success, garnering significant attention and agreement on social media.
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Big Four set for another wave of partner poachings
- The Big Four firms in India are gearing up for a significant surge in partner movements as they ramp up their advisory practices, emphasizing recruitment to fortify service lines.
- Deloitte leads with around 50 partner hires, including over 25 from EY and some from KPMG. PwC also poached partners, notably from Accenture, while EY adopts a selective approach.
- The firms aim to double business in the next few years amidst a robust economic outlook. KPMG observes a trend of partners moving in teams, with a preference for smaller groups. The hunt for talent extends to tech expertise, with Accenture being a key source.
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Wipro CEO Thierry Delaporte resigns
- Wipro chief executive officer (CEO) Thierry Delaporte has resigned, the company announced in a regulatory filing. The tech giant has announced Srinivas Pallia as the new CEO and managing director.
- “The Board of Directors noted the resignation of Mr Thierry Delaporte with effect from April 6, 2024. He will be relieved from the employment of the Company with effect from the close of business hours on May 31, 2024,” the company filing read.
- The announcement marks a leadership transition within the tech giant, with Pallia set to take over Delaporte's responsibilities. Wipro aims for continuity amid the change, as it moves forward under new leadership.
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Infosys founder Narayana Murthy says he starved for 120 hours straight during hitchhike in Europe 50 years ago
- Infosys founder N R Narayana Murthy shared a remarkable tale of endurance, revealing how he endured 120 hours of hunger while hitchhiking in Europe half a century ago.
- Speaking at an event at the UN headquarters, Murthy urged gratitude towards nations providing subsidized education and emphasized the importance of supporting underprivileged children's education.
- He urged global leaders to replicate India's Akshaya Patra model to empower disadvantaged children worldwide. Murthy lauded India's economic strides and highlighted initiatives like the PMGKAY while stressing Akshaya Patra's role in fostering inclusivity and prosperity.
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Who is Grecia Munoz, Zomato CEO Deepinder Goyal's second wife?
- Zomato CEO Deepinder Goyal recently married Mexican model Grecia Munoz in a private ceremony, as per reports.
- Munoz, now residing in India, manages her luxury products startup and hosts television shows. Her achievements include winning at the 2022 Metropolitan Fashion Week in the US.
- Goyal, the founder of Zomato, rose to prominence with its success. Previously married to Kanchan Joshi, he met her during his time at IIT Delhi.
- Goyal's net worth soared after Zomato's blockbuster listing, making him one of India's richest individuals. Munoz's Instagram profile has garnered attention, although they kept their wedding private.
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Gautam Adani on 5 principles of success, and challenges he faced
- In a recent event in Mumbai, Gautam Adani, the Chairman of Adani Group, shared insights into his entrepreneurial journey, highlighting five key principles that have guided him towards success.
- He emphasized the importance of resilience in the face of challenges, the ability to navigate complexity, the necessity of flexibility rooted in local contexts, resilience to criticism, and above all, the value of humility. Drawing from personal experiences and lessons learned, Adani's principles underscore the importance of adaptability, inner strength, and staying grounded amidst achievements.
- These principles serve as valuable lessons not only for aspiring entrepreneurs but for anyone navigating the complexities of life and business.
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