Good2Work - announce list

Georgy Gens: “I Discuss Absolutely Everything with My Executives Even if Something Is Obvious Enough for Me”

Katia Barzova — 2008-08-29T17:20:22+04:00

Georgy Gens, President of Lanit Group of Companies, tells us how he makes decisions, why sometimes it is better not to hurry even though he doesn't like to hesitate; that he still believes in fairy tales, and the expert estimation and criticism are important within the company.

Mikhail Khabarov: "We Can’t Stop, Not a Single Member of My Team Can Afford It"

Katia Barzova — 2008-08-28T13:08:56+04:00

Mikhail Khabarov, CEO of Alfa-Capital asset management company, tells us how while creating a team in a company that was "bleeding", he instilled corporate culture that combines entrepreneurial initiative and team spirit.

Sergey Petrov: Mission Grasps People

Liza Barzova — 2008-08-20T18:36:48+04:00

Sergey Petrov, the founder of the largest Russian car dealer "Rolf", is sure the mission is necessary as a consolidating idea to make business successful. It is impossible to impose the mission; it should evolve. Today "Rolf" lives by principles and values, formulated by its managers in the beginning of 2000.

Ilias Aliev, HR Director, Rosgosstrakh

Liza Barzova — 2008-08-19T14:46:42+04:00

Ilias Aliev was born in 1968 in Moscow. He graduated from Philological faculty of the Moscow state university of M.V.Lomonosov in 1992, the candidate of sciences.

Marina Novikova, Vice President, Organizational Development and Human Resources, VimpelCom

Liza Barzova — 2008-08-19T12:17:00+04:00

Marina Novikova has served as Vice President, Organizational Development and Human Resources in VimpelCom since December 2001.

Anatoly Karachinsky, President, IBS Group

Liza Barzova — 2008-08-15T16:30:52+04:00

Anatoly Karachinsky, the developer of strategies and investment policy of IBS Group of Companies. An expert and analyst in large-scale state and international IT projects.

Leonid Novoselsky, CEO of the Gradient Group.

Liza Barzova — 2008-08-15T15:51:00+04:00

In 1991 together with his friends, Leonid Novoselsky founded the company "Gradient" which started with one stall in the centre of Moscow. Today "Gradient" is one of the leading FMCG distribution companies in Russia with turnover of about $500 million, 4500 employees and branches in the majority of the largest cities of Russia.

Core Partnership Proposal

Yury Barzov — 2008-08-15T13:00:00+04:00

As a service to our participants we are pulling together a group of companies, which will become our club's Core Partners because they share and practice the approach to leadership that makes them most obvious employers of choice for people with integrity, capacity and drive which constitute the core of our club members.

Mikhail Khabarov, CEO, Alfa Capital

Liza Barzova — 2008-08-15T12:57:04+04:00

Before applying to the Alfa Capital CEO position Mikhail Khabarov headed Allianz ROSNO Asset Management company. Before that he worked at the position of CFO and CEO First Deputy of “ROSNO” Insurance Company.

Ruben Vardanian, Chairman of the Board of Directors and CEO of Troika Dialog Group

Liza Barzova — 2008-08-15T12:43:11+04:00

Ruben Vardanian is Troika Dialog Group’s Board Chairman and CEO. An employee at Troika Dialog since the company’s founding, Mr. Vardanian became head of the company in 1992. Since that time, Mr. Vardanian has solidified his role as a key figure in Russia’s capital markets.

Corporate Membership Proposal

Yury Barzov — 2008-08-15T12:31:00+04:00

The companies which seek advantage in the War for Talent have to rely on more and more creative and innovative approaches. The dilemma of either developing from inside or attracting from outside leadership talent is no longer valid. The leading organizations have to do both and to do it extremely well. Our tool is designed specifically to address this challenge.

Sergey Petrov, the Founder of "Rolf" Group of Companies

Liza Barzova — 2008-08-15T12:16:44+04:00

Sergey Petrov - the Deputy of the State Duma, the member of the Budget and Taxes Committee, the founder of "Rolf" Group of companies.

We Present Our Partner: TRIANGLE CONSULTING

Katia Barzova — 2008-08-15T11:24:33+04:00

TRIANGLE CONSULTING provides management and IT consulting services for Russian and international companies. The company brings together top notch international expertize, insight in local market realities, high professionalism and personal involvment of its people. It delivers to clients unique human faced consulting to assure clients' satisfaction and success.

Information about the Partner: VTB24

Katia Barzova — 2008-08-15T11:03:49+04:00

VTB24 is one of the major players on the Russian banking services market. We are part of the international VTB Bank Group and focus on servicing of individuals, private businessmen and small businesses.

VimpelCom: Corporate Partner №1 of Good2Work Club of Leaders

Katia Barzova — 2008-08-15T10:28:43+04:00

The VimpelCom Group is a telecommunications operator, providing voice and data servicing, covered through a range of wireless, fixed and broadband technologies.The wireless subsidiaries of VimpelCom Group operate under the "Beeline" brand.

Birger Steen: Setting The Right Objective

Anton Murad — 2008-08-10T20:15:00+04:00

Birger Steen, CEO of Microsoft Russia, belives that "the task of a leader is to understand where he wants to go with his or her team, and then it's to be able to move there with the team". Russian subtitles.

Nadezhda Filippova, Senior Vice-President, Head of HR and Corporate Development Division of VTB24

Katia Barzova — 2008-08-05T12:38:00+04:00

Today, Nadezhda Filippova is a Senior Vice-President, Head of HR and Corporate Development Division in VTB24 bank.

Birger Steen, General Manager, Microsoft Russia

Anastasia Nekrasova — 2008-07-21T18:03:00+04:00

Birger Steen has been the General Director of the Microsoft Rus LLC since August of 2004 and heads the Board of Directors of Microsoft’s Russian office. In this position Mr. Steen is subordinate to Vahe Torossian, Vice-President of Microsoft in the Central and East European region.

How Andrey Kosogov Joined Alfa Via Newspaper Ad

Kate Zakomurnaya — 2008-07-21T03:54:00+04:00

I came to Alfa in 1992 via the newspaper ad. There were no headhunters at that time in Russia so a vacancy was announced in the Moscow News. I was going to Kiev by train...

Sergei Petrov: Overturned Values

Maria Pikalova — 2008-07-21T01:58:00+04:00

One of our subdivisions once had several automobile transporters with the new cars on the route Viborg - St. Petersburg. Suddenly one of the trailers capsized right on the road. It seemed to be nothing more than an annoying accident...

Vladimir Skvortsov: How I provoked a crisis to avoid a deeper one in the future

Maria Pikalova — 2008-07-21T01:18:00+04:00

One of our company’s local branches was falling behind target for a long time. It did not fulfill the plan. We were not satisfied with results but wanted to avoid tough measures...

Leonid Novoselsky: The Ability to Trust People

Anton Murad — 2008-05-16T12:14:00+04:00

Leonid Novoselsky, CEO of the Gradient Group tells about his strongest area – the ability to trust people – and gives examples of how he uses this competency in business. Over 80 video conversations with leaders in Russian available here.

Ilias Aliev: The Question Should Destroy The Brain

Anton Murad — 2008-05-05T21:40:48+04:00

Ilias Aliev, Rosgosstrakh HR-Director, told us how he used Zen traditions in his management practice. Watch the video to know how the art of asking questions can help in solving difficult business situations.

Vladimir Skvortsov: The Speed of Taking Decisions

Anton Murad — 2008-04-30T17:30:02+04:00

Vladimir Skvortsov, Alfastrakhovanie CEO, told us how he thinks a leader should take decisions. According to him the speed of taking decisions is the key factor.

Artem Bektemirov: To Communicate Vision You Need to Have Passion

Anton Murad — 2008-04-21T18:14:00+04:00

Some people reason by virtual pictures. Due to creative thinking they can easily imagine their future projects and analyze their development prospect. Artem Bektemirov, Drugstore Chain 36.6 CEO, is one of such people. Watch the video to know about his key competency.

Leaders, Fools and Impostors: Essays on the Psychology of Leadership

Anton Murad — 2008-04-21T02:46:00+04:00

In this book of insightful essays, Kets de Vries explodes the myth that rationality is what governs the behavior of leaders and followers, and he provides a more realistic perspective on organizational functioning and the leader-follower relationship. The author shows that a great potential for distortion exists when leaders try to act out the fantasies of their followers..

Leading By Design: The Ikea Story

Anton Murad — 2008-04-20T16:13:00+04:00

Leading by Design is really, of course, the story of Ingvar Kamprad, the Swedish furniture retailer who turned Ikea into a company that now has 41,000 workers at 150 stores in 30 countries who annually distribute 100 million catalogs and sell $6.25 billion in goods...

How Dell Made More Money than His School Teacher and Learned to Segment the Market

Anton Murad — 2008-04-20T00:10:00+04:00

When I was sixteen, I got a summer job selling newspaper subscriptions to The Houston Post. At the time, the newspaper gave its salespeople a list of new phone numbers issued by the telephone company and told us to cold call them. It struck me as a pretty random way of approaching new business...

The Tipping Point: How Little Things Can Make a Big Difference

Anton Murad — 2008-04-19T13:28:00+04:00

New Yorker writer Malcolm Gladwell looks at why major changes in our society so often happen suddenly and unexpectedly. Ideas, behavior, messages, and products, he argues, often spread like outbreaks of infectious disease. Just as a single sick person can start an epidemic of the flu, so too can a few fare-beaters and graffiti artists fuel a subway crime wave...

How Lou Gerstner Got IBM To Dance

Anton Murad — 2008-04-19T06:50:00+04:00

The author says that IBM's problems, challenges, complexity and culture are unique, and the fixes he applied are unlikely to be easily transferred. The answers to the question of how Gerstner saved IBM, the major business decisions, are known. What's less understood is how he managed to change a culture that he generously describes as "inbred and ingrown"..

Brad Bird: Rats should crawl or how to deal with creative employees

Anton Murad — 2008-04-18T19:21:14+04:00

One of the guys challenged me. He said, “I want to know why you’re doing this.” Now, I had gone into this film reluctantly. It’s not what I was looking to do after The Incredibles. And there was a part of me that wanted to say, “Because I’m the director, that’s why. Do you want to take this problematic thing over?”. But I stopped..

How Fred Deluca Found Success By Way of the Submarine Sandwich

Anton Murad — 2008-04-16T18:35:00+04:00

DeLuca took advantage of the lack of quick-service chains to cater to customers anywhere, anytime. Known for its freshly baked sandwiches, Subway has been baking its own bread at its very store everyday since 1983. DeLuca even designed Subway's bread machine to ensure the quality of its bread as a healthy alternative to traditional fast food.

iCon Steve Jobs: The Greatest Second Act in the History of Business

Anton Murad — 2008-04-16T07:09:00+04:00

iCon takes a look at the most astounding figure in a business era noted for its mavericks, oddballs, and iconoclasts. Drawing on a wide range of sources, Jeffrey Young and William Simon provide new perspectives on the legendary creation of Apple, detail Jobs’s meteoric rise, and the devastating plunge that left him not only out of Apple, but out of the computer-making business entirely.

Second Acts: Career Paths For Worn-Out Executives

Max Golovanov — 2008-04-15T10:37:00+04:00

As considers Wall Street Journal, golfing and gardening aren't as enticing as they once were. While baby boomers are increasingly becoming eligible for Social Security benefits, so far it seems that few are actually putting their working lives to bed. According to an AARP survey, 79% of baby boomers plan to work in some capacity into their retirement years.

Jack: Straight from the Gut

Anton Murad — 2008-04-14T16:23:00+04:00

That's the basic philosophy of how Jack ran the vast and extraordinarily profitable General Electric company for more than two decades. During his tenure, GE was recognized annually as the best company in the world by Fortune magazine. Welch reveals how his unusual management techniques propelled GE to become one of the most successful corporations of all time...

Who is John Galt?

Anton Murad — 2008-04-14T09:57:00+04:00

"Who is John Galt?" This famous rhetorical question rings through Ayn Rand's best-selling novel as the people's anthem of despair in depressed economic times. Set in the future, the novel follows capitalist magnates as they battle looters, strikers, and the impending ruin of the United States' economy...

How Ingvar Kamprad Laid The Basis of The IKEA concept

Anton Murad — 2008-04-12T10:54:00+04:00

Out of long talks through the night with Sven Göte about how we were to get out of this vicious circle – lower price, worse quality – the idea grew of trying a permanent display or exhibition of our furniture. People could go to the display, see the furniture for themselves, and compare the quality at different price levels...

Tom Peters: Rе-imagine!

Anton Murad — 2008-04-10T15:35:00+04:00

More than just a how-to book for the 21st Century, Re-imagine! is a call to arms - a passionate wake-up call for the business world, educators, and society as a whole. Focusing on how the business climate has changed, this inspirational book outlines how the new world of business works, explores radical ways of overcoming outdated...

Good to Great: Why Some Companies Make the Leap... and Others Don't

Anton Murad — 2008-04-09T08:45:00+04:00

How can good companies, mediocre companies, even bad companies achieve enduring greatness? For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great?

More CEOs Are Saying No to Bonuses

Max Golovanov — 2008-04-07T17:51:44+04:00

According to The Wall Street Journal, some corporate leaders believe 'tis better to give back than receive during tough times. More chief executives are spurning bonuses earned for fiscal 2007. Their voluntary cutbacks, most common among financial companies affected by the mortgage meltdown, don't always assuage demoralized staffers and unhappy investors.

The "Ten Hot Dogs" Strategy of Ingvar Kamprad

Anton Murad — 2008-04-07T17:15:00+04:00

In 1995 the IKEA furniture store started selling hot dogs at five kronor each, as opposed to the usual price of ten to fifteen kronor. This investment was at once successful, and today it contributes to the growing restaurant and food sector by turning over 1.6 billion kronor in 1997, and alone answering for exports from Sweden amounting to 700 million kronor ($87 million).

Richard Branson: Losing My Virginity: How I've Survived, Had Fun, and Made a Fortune Doing Business My Way

Anton Murad — 2008-04-07T10:30:00+04:00

In this autobiography, Virgin Group founder Richard Branson says one of his prime business criteria is "fun." Fun made Branson a billionaire, and few business memoirs are one-billionth as fun as Branson's, nor as niftily written. Not only does it relate his side of near-death corporate experiences, it tells how the chairman literally cheated death by gun, shipwreck, and balloon crash..

How Steven Spielberg Got His First Job

Anton Murad — 2008-04-07T09:44:00+04:00

I began by making 8 and 16mm films, some for $15 apiece and some for $200. You can't excuse yourself by saying, "Well, I can't raise the money to make the short film to get into the front door and show my work." It's not expensive to make little movies, even if they're in Super-8 and done with a Kodak Ektasound camera you've borrowed from a friend...

To get rich your child should read

Anton Murad — 2008-04-05T19:25:00+04:00

"Let's suppose your goal is to raise a child who will grow up and make The Forbes 400 list someday. How do you feed her brain and nourish her spirit? What secrets of wealth-building do you pour into his pulsing veins?" Rich Karlgaard, Forbes reporter, composed a list of 53 books whish would help your children achieve outsize success.

How Michael Dell Decided to Start His Own Business

Anton Murad — 2008-04-04T23:11:00+04:00

Traditionally, in the computer industry, a manufacturing company built computers, which were then distributed to resellers and dealers who sold them to businesses and individual consumers. In the early days, companies like Apple and IBM sold their products through computer dealers because they needed the leverage to gain nationwide sales...

Fortune Published Interview with Chrysler's CEO Nardelli and Top Execs

Max Golovanov — 2008-04-04T17:07:25+04:00

The Fortune published interview with Chrysler's CEO Nardelli and top execs LaSorda and Press on Cerberus and Chrysler's turnaround team. Cerberus Capital Management agreed last May to buy 80% of Chrysler from its German parent, then known as DaimlerChrysler. But by the time the deal closed in early August, global credit markets had convulsed and the U.S. economy was slowing down.

How HP chose human oriented philosophy and succeed

Anton Murad — 2008-04-03T18:08:00+04:00

It is the tradition of treating every individual with consideration and respect and recognizing personal achievements. This sounds almost trite, but Dave [co-founder Packard] and I honestly believe in this philosophy... The dignity and worth of the individual is a very important part, then, of the HP Way...

Top MBA's For Leaders By QS International Recruiter Survey

Elena Pisareva — 2008-04-03T13:29:49+04:00

QS TopMBA.com published the results of International Recruiter Survey 2007 that reflects recruiters’ preferences. The tables are compiled entirely based on the unprompted selection of each school, by responding recruiters anywhere in the world, for each area of specialisation, in particularly for leadership.

Free Video Lecture Podcasts From Top Universities

Max Golovanov — 2008-04-03T13:04:04+04:00

Free video lectures are a great way to learn more about a particular subject because you don't have to put a lot of effort into the experience. There are currently dozens of top universities that provide free video lectures to self-learners around the world. Here's a list of the best.

Find Out About Your Leadership Traits at Good2Work!

Elias Zinenko — 2008-04-02T23:38:00+04:00

We explore innovative ways of leadership development. Our most eminent members are eager to try new tools of transferring their skills of leadership. We provide them with options to do it. For those who are interested to learn if they have traits for a leader we prepared these F.A.Q.

Stephen Covey: The Seven Habits of Highly Effective People

Anton Murad — 2008-04-02T01:24:00+04:00

Before you can adopt the seven habits, you'll need to accomplish what Covey calls a "paradigm shift" – a change in perception and interpretation of how the world works. Covey takes you through this change, which affects how you perceive and act regarding productivity, time management, positive thinking, developing your "proactive muscles" and much more...

Comanies Need To Invest Long Term To Overcome Talent Shortage Blocking Corporate Growth

Yury Barzov — 2008-03-28T12:08:38+03:00

In January 2008 McKinsey Quarterly published an article "Making talent a strategic priority". I found there a couple of rather interesting points.

Can Howard Schultz Turn Starbucks Around?

Max Golovanov — 2008-03-24T19:41:39+03:00

Since Howard Schultz took back the espresso machines at the coffee-slinging company he founded, he has preached returning focus to the customers at Starbucks. Last Thursday, he announced a change to the company's U.S. operations that is intended to do that, but at the cost of 600 jobs.

Forbes published this article in November 2007. I found some interesting points in it on Spitzer’s behavior.

Yury Barzov — 2008-03-18T13:38:08+03:00

And he (Greenberg) has told some people he may file a defamation suit or other legal action against Spitzer, "a man who has abused the rule of law." (There might be a statute of limitations problem here.) "I can't tell you how that's going to play out," Greenberg says, "but I'm not afraid of him."

Magnit February Sales Rise 48% on Russian Supermarket Openings

Yury Barzov — 2008-03-17T15:18:53+03:00

March 17 (Bloomberg) -- OAO Magnit, Russia's second-largest supermarket chain, said sales advanced 48 percent in February after opening more stores.

Capital International Buys $175 Million Stake in Unimilk

Yury Barzov — 2008-03-17T13:24:00+03:00

March 17 (Bloomberg) -- Capital International Inc. bought a stake in OAO Unimilk, Russia's second-biggest dairy company, to benefit from surging demand for milk and baby food in the former Soviet Union, Unimilk said.

Baltika to Sell Asahi Beer in Russia as Incomes Climb

Yury Barzov — 2008-03-13T15:13:00+03:00

March 13 (Bloomberg) -- OAO Baltika Breweries, the largest Russian beer company, agreed to make and sell Asahi Breweries Ltd.'s beer in the country as rising incomes enable more drinkers to afford foreign brands.

VimpelCom announces audited twelve month 2007 financial and operating results

Yury Barzov — 2008-03-12T14:48:00+03:00

Moscow and New York (March 12, 2008) - VimpelCom (NYSE: VIP), a leading provider of telecommunications services in Russia and the Commonwealth of Independent States (CIS) today announced its financial and operating results for the quarter and year ended December 31, 2007.

You can watch VimpelCom CEO Alexander Izosimov announcing results by following this link.

Modern Times Sells DTV to CTC Media for $395 Million

Yury Barzov — 2008-03-11T14:05:22+03:00

March 11 (Bloomberg) -- Modern Times Group AB, Sweden's largest publicly traded media company, agreed to sell Russian Television network DTV Group to CTC Media Inc. for about $395 million in cash.

Investors' Favorite Female CEOs

Yury Barzov — 2008-03-07T14:56:58+03:00

Of about 1,000 public companies with at least $1 billion in annual revenue in a Forbes database, there are 30 female chief executives. On an annual basis, half the companies on this list have shown shareholders a greater total return than the Standard & Poor's 500.

Barclays Acquires Russia's Expobank for $745 Million

Yury Barzov — 2008-03-03T15:27:00+03:00

March 3 (Bloomberg) -- Barclays Plc, the U.K.'s third-biggest bank, acquired Russian lender Expobank for $745 million in its first overseas acquisition since losing the bidding contest for ABN Amro Holding NV last year.

Medvedev Win May Aid Gazprom, Transneft, Sberbank, Claim Investment Analysts

Yury Barzov — 2008-03-03T15:18:06+03:00

March 3 (Bloomberg) -- Dmitry Medvedev's victory in Russia's presidential election yesterday will benefit the stocks of state-controlled companies including OAO Gazprom, OAO Rosneft, OAO Transneft, and OAO Sberbank, according to Renaissance Capital investment and securities firm's analysis.

Talent Supply Chain Management

Yury Barzov — 2008-02-29T14:47:49+03:00

In a recent article Peter Cappelli, Wharton Professor of Management, proposes to apply the just-in-time principles of supply chain management to current talent management issues.

Forbes Commentary on Russia Today English Language TV Channel

Yury Barzov — 2008-02-28T15:44:46+03:00

‘This 24-hour, English-language channel is broadcast on cable stations in the U.S. and via satellite to audiences around the world. It's been operating since 2005, but as Russia's widely criticized presidential elections approach (and its image abroad is deteriorating) the government-funded channel is evidently increasing efforts to charm its foreign audience.'

Russian Lagrest Cell Operator to Bid for Stake in Ukraine's National Telephone Company

Yury Barzov — 2008-02-26T12:25:42+03:00

Feb. 25 (Bloomberg) -- OAO Mobile TeleSystems, Russia's largest mobile-phone company, will bid for a stake in VAT Ukrtelecom, Ukraine's national telephone company, to further expand beyond the home market.

Russia Attracted Record Foreign Investment in 2007

Yury Barzov — 2008-02-22T18:05:07+03:00

Feb. 22 (Bloomberg) -- Russian foreign direct investment doubled last year to $27.8 billion as the nation's economic expansion fueled a consumer boom that weathered turbulence in global markets.

YUKOS Funeral Manager to Run Bankruptcy of Russian Leading Mobile Handset Retailer’s Affiliate

Yury Barzov — 2008-02-21T19:08:09+03:00

Eduard Regbun, a well-known arbitral manager who was in charge for the bankruptcy of oil company YUKOS, will be in charge of the bankruptcy of the CJSC Svyaznoy a credit finance vehicle of Svyaznoy Group of Companies one of the largest mobile handset retailers in Russia.

VimpelCom BB+ Rating Confirmed Following Successful Golden Telecom Tender Offer Closing

Yury Barzov — 2008-02-21T18:07:27+03:00

Standard & Poor's has confirmed its 'BB+' long-term corporate credit rating on Russian mobile operator VimpelCom. It also equalized the rating of Golden Telecom with that of VimpelCpm.

Baltika Breweries, the leader in the Russian beer market, announces its annual financial results for 2007

Yury Barzov — 2008-02-21T16:08:28+03:00

Despite increased raw material and delivery costs pressures Baltika secured above 20% net profit growth in 2007.

Patrick Aghanian: How to Set and Communicate Vision

Anton Murad — 2008-02-19T16:39:00+03:00

The vision has to be inspirational. It has to be something that people say "wow". I much prefer to fail doing a very big jump than to succeed with a very small step. Because I think that type of failure teachers you a lot about yourself, about the situation and it's something that becomes a lesson in life which actually helps you later to make right decisions.

Vekselberg and Mamut Agreed to Sell Their Share in Golden Telecom to VimpelCom

Elias Zinenko — 2008-02-15T16:24:07+03:00

Now VimpelCom will have the minimum 63.3 percent it requires to proceed with its purchase of Golden Telecom for $4.3 billion.

Lenta Considers Equity Sale to Fund Superstores

Elias Zinenko — 2008-02-14T15:21:33+03:00

Lenta, the country's third-biggest food retailer, may sell a stake of as much as 20 percent to raise funds for new superstores.

Arbat Prestige May Leave the Market

Elias Zinenko — 2008-02-14T15:03:26+03:00

Vladimir Nekrasov, owner of cosmetics retailer, was placed under arrest last week on suspicion of large-scale tax evasion. The arrest may undermine the business, say market experts.

Patrick Aghanian: How to Diagnose Situation

Anton Murad — 2008-02-13T16:50:59+03:00

You need to take the time to listen. That is one of the most important thing that a leader should have. Most of leaders want to talk but in reality you should listen, especially in the beginning. There has to be a balance between listening and taking action. It is very important to understand when you have to make that transition from listening to action.

VimpelCom Launches New Services

Elias Zinenko — 2008-02-13T14:07:39+03:00

"Video on the handset and video through the Internet, video-on-demand, will certainly be part of the exercise," CEO Alexander Izosimov said.

Alfa Group Buys 50% of St. Petersburg Development Company

Elias Zinenko — 2008-02-12T14:53:27+03:00

"The aim of the shareholders is to create a major, modern developer that will become, at the very least, one of the three leading companies on the St. Petersburg market," Igor Litvak, A1 managing director, said in the statement.

What You As a Club Member Can Do On Your Personal Page?

Anton Murad — 2008-02-12T14:43:00+03:00

On your Personal Page you as a club participant can publish articles and create groups and difine their scope of visibility to other site visitors. You can communicate using Personal Forum and change your personal information and much more…

Electronics Retailer Eldorado Plans IPO

Elias Zinenko — 2008-02-12T14:34:13+03:00

Eldorado may sell as much as 30 percent of the company in an IPO in 2009 or 2010 and may sell a stake to an investment bank beforehand.

Yandex Installs Network Equipment in Europe

Elias Zinenko — 2008-02-11T19:11:58+03:00

Yandex announced that it moved into Europe by placing its networking equipment in Frankfurt at an Internet Exchange Point.

Svyaznoy Retail Chain Declares Bankruptcy

Elias Zinenko — 2008-02-11T19:06:36+03:00

The breaking news in the Russian mobile retail market is the statement of bankruptcy of Svyaznoy retail chain. The company assures the given incident is unlikely to affect the activity of its retail outlets.

Golden Telecom May Buy Corbina

Elias Zinenko — 2008-02-08T18:07:23+03:00

Golden Telecom, the country's largest independent fixed-line operator, said it is in talks to acquire the 49 percent it doesn't yet own of broadband Internet provider Corbina Telecom.

VimpelCom Helps Israeli startup Modu Launch Tiny Phone

Elias Zinenko — 2008-02-08T17:46:21+03:00

VimpelCom will help Israeli startup Modu launch a tiny cell phone that pops into interchangeable "jackets" to become a bigger, smarter phone - or into other gadgets to connect to the Internet.

Google Will Use Russian Payment System Rapida

Elias Zinenko — 2008-02-08T17:36:31+03:00

Google will use Russian payment system Rapida to sell more context ads in Russian segment of Internet.

Russian Largest Mobile Handset Retailer Euroset May Withdraw from Over-Regulated Markets in CIS

Elias Zinenko — 2008-02-07T18:03:48+03:00

Euroset might soon cease operating in countries with strongly over-regulated business environment meaning Byelorussia and Baltic States in particular. At the same time Euroset management plans to expand to other foreign markets. In February it intends to visit India to explore local business environment.

Veropharm Sales Rise 39%

Elias Zinenko — 2008-02-07T17:57:14+03:00

Sales reached $140 million last year, Veropharm said in a statement, without giving the year-earlier figure. Prescription medicines and adhesive bandages generated the most revenue, the company said.

Vimpelcom Board Approves Loan of $4.15 bln to Acquire Golden Telecom

Elias Zinenko — 2008-02-07T16:52:25+03:00

Vimpelcom Board of Directors has approved a loan of $4.15 bln for its daughter company Lillian Acquisition to acquire Golden Telecom.

Troika Dialog Won the ‘HR-brand’ Award for the Second Year

Elias Zinenko — 2008-02-06T19:02:22+03:00

The award is granted to companies, which have the best employer reputation and launch the most successful projects in corporate culture build-up and reputation management.

IBS Appointed the Head of its HR-consulting Practice

Elias Zinenko — 2008-02-06T18:39:20+03:00

Elena Danilova is appointed a Head of HR-consulting practice of Russian leading IT solutions and consulting group IBS. Earlier she performed a similar role in Borlas company, which provides motivation, compensation and organizational consulting services.

Wimm-Bill-Dann Will Make Several Acquisitions

Elias Zinenko — 2008-02-05T19:09:30+03:00

Wimm-Bill-Dann plans to make several acquisitions in the nearest half of the year, said David Yakobashvili, company chairman. These can be the deals in the CIS market as well, he said.

Gloria Jeans Has Invited Former Adidas Executive

Elias Zinenko — 2008-02-05T17:15:45+03:00

Russian leading jeans manufacturer Gloria Jeans has invited former Adidas executive Jasper Zeelenberg on the position of the company president.

CTC Media Makes Large Purchase in CIS Media Market

Elias Zinenko — 2008-02-04T19:40:55+03:00

Entertainment television company CTC Media said Friday that it signed a deal to buy a 20 percent stake in Channel 31, Kazakhstan's fourth-largest television network by audience share.

Unilever Returns to Russian Ice-cream Market and Buys Inmarko

Elias Zinenko — 2008-02-04T17:54:40+03:00

Unilever comes back to Russian ice-cream market, which left it in 2001. Now it has signed a deal to buy 100% of Inmarko, leader of Russian ice-cream market, which has 16,2% share of the market.

MegaFon Plans to Lead IPO Next Year

Elias Zinenko — 2008-01-31T14:11:35+03:00

MegaFon, the country's third-largest mobile phone company, may sell shares next year in an initial public offering, after a conflict between its shareholders is resolved, a company spokeswoman said Wednesday.

Carlos Ghosn Said Russia May Surpass Germany as Europe's Top Car Market in Two Years

Elias Zinenko — 2008-01-31T13:44:55+03:00

AvtoVAZ, the country's biggest carmaker, may have an IPO this fall, Troika Dialog chief Ruben Vardanyan said.

Mikhail Fridman Quits as Alfa Bank Сhairman

Elias Zinenko — 2008-01-30T13:08:57+03:00

Mikhail Fridman, chairman of Alfa Bank board of directors, leaves his post. The official announcement will be issued within the next few days, Kommersant reports.

VimpelCom Won’t Interfere in the Plans of Golden Telecom, Izosimov Said

Elias Zinenko — 2008-01-29T17:20:52+03:00

"The goal of the deal is to optimize investment and speed up lines of business," Izosimov said in an interview in Davos, Switzerland, where he was attending the World Economic Forum.

News: Baltika Hired a New Sales Vice-President

Elias Zinenko — 2008-01-29T17:06:39+03:00

Earlier Sehested was a sales chief in Cadbury Schweppes Eastern Europe. Russia was in the sphere of his responsibility. He also worked in Dandy and Coca-Cola.

News: Euroset Owners Will Sell 25% Share of the Company

Elias Zinenko — 2008-01-28T11:23:58+03:00

Today the goal is to attract a minor investor who could help Euroset to structure its business and to prepare for IPO or for sell to strategic investor.

News: Carlsberg Gets Full Control of Baltic Beverages Holding

Elias Zinenko — 2008-01-25T17:05:25+03:00

Furthermore, growth is projected to continue on the Russian beer market, but at a declining pace.

News: Yandex Enters Top-10 of Largest Search Engines Worldwide

Elias Zinenko — 2008-01-24T19:58:26+03:00

The research company ComScore has published the rating of the largest world search engines. For the first time, according to analysts, the Russian search engine Yandex has entered the top-10.

News: Russian Standard Vodka Launches a New Brand Distribution in India

Elias Zinenko — 2008-01-24T19:53:32+03:00

The company already sells there successfully its brand Platinum. Now has come the time for the next one, Imperia luxury brand.

News: Kaspersky Launches Hosted Service in UK

Elias Zinenko — 2008-01-23T15:44:56+03:00

Russian infosec developer Kaspersky Lab is to announce the UK launch of a hosted edge security service, the third European market to which it has extended the operation outside of its home country.

News: IBS DataFort Became a First Russian Company to Implement the Integrated Management System

Elias Zinenko — 2008-01-23T12:34:09+03:00

Management system of Russian IT services outsourcer IBS DataFort is recognized as one of the best in Europe, the company said.

News: MTS Subscriber Base Grows by 12.5%

Elias Zinenko — 2008-01-23T12:18:55+03:00

In Russia the number of MTS subscribers has amounted to 57.43 mln, which is a 6.21% increase as compared to the similar period last year.

News: MegaFon Sees $1.7 bln Investment in 2008 and Appoints a New Executive

Elias Zinenko — 2008-01-22T21:05:31+03:00

Unlisted MegaFon, which ranks behind market leaders MTS and Vimpelcom in terms of subscriber numbers, said in a presentation the investment would expand coverage, improve service quality and introduce new value-added services.

News: Russian Companies Hope to Attract Record Funds Through Global IPOs This Year

Elias Zinenko — 2008-01-22T19:06:11+03:00

Russian companies are hoping to attract record funds through global initial public offerings this year, but that doesn't mean investors should oblige all comers, WSJ wrote.

News: Troika Dialog Asset Management Entered Ukrainian Market

Elias Zinenko — 2008-01-21T16:29:33+03:00

Troika Dialog’s Ukrainian subsidiary Troika Dialog Ukraine asset management company and pension fund administrator is launched, the group of companies said in the statement. Natalia Kovaleva is appointed as a CEO of the company.

News: MySpace Opened its Russian Version

Elias Zinenko — 2008-01-21T15:14:08+03:00

Meanwhile, the resource is available only in test mode: the administration promises many Russian groups and artists to appear on the portal soon. In the near future the network official representation office will be opened in Russia. MySpace next destination point is likely to be Turkey, and then Korea.

News: Wal-Mart May Enter Russia within a Year, UBS Research Assume

Elias Zinenko — 2008-01-21T13:28:32+03:00

"We believe expansion into Russia rounds out Wal-Mart's 'BRIC' exposure," UBS analyst Neil Currie wrote in a note late last week.

Is U.S. heading to recession? Dean advises MBA students: Prepare to engage in some missionary selling, to help employers discover your talent.

Yury Barzov — 2008-01-21T13:19:08+03:00

Stock markets in Asia plunged on fears of the U.S. heading to recession. Robert F. Bruner, Dean, Darden School of Business advises MBA students: Prepare to engage in some missionary selling, to help employers discover your talent. He also comments on the systemic nature of financial crisis that helps us to predict what we should expect from the current one.

Blog: Leading from Behind and the Magic of Ubuntu

Yury Barzov — 2008-01-21T11:13:43+03:00

In the most recent newsletter of Egon Zehnder International I found an interesting concept of Harvard business school professors who claim that Western business organizations have much to learn from ‘less conventional’ concepts of leadership explored in the fierce war for talent in the emerging economies. They found a couple of concepts in Africa. I wonder if we can find some in Russia?

News: Kellogg Buys United Bakers Group, Russian Biggest Breakfast Cereal Maker

Elias Zinenko — 2008-01-18T17:34:15+03:00

Kellogg announced that it had purchased United Bakers Group, Russian biggest breakfast cereal maker, to take almost complete control of the local market.

Alfa Capital Partners Became a Shareholder in the Yolky-Palky Russian Restaurant Chain

Elias Zinenko — 2008-01-16T19:58:04+03:00

The private equity Fund managed by Alfa Capital Partners (ACP) announced that they have acquired a significant interest in the company which manages the Yolky-Palky restaurant chain, a rapidly growing mid-priced restaurant chain that serves Russian national cuisine. Additional financing was provided by the International Moscow Bank.

Russian Fund Finam Bought 10% in the British Social Network Badoo.com

Elias Zinenko — 2008-01-16T14:51:56+03:00

In Runet the project will have to fight for users with such networks as ‘Odnoklassniki.ru’ and ‘Vkontakte.ru’.

News: AFK Sistema Wins India Telecoms License

Elias Zinenko — 2008-01-16T13:27:32+03:00

The deal would strengthen Sistema's foothold in one of Asia's fastest-growing telecoms markets.

News: Euroset and X5 Retail Group Entered the Top-250 of the Largest Retailers Worldwide

Elias Zinenko — 2008-01-15T18:38:01+03:00

The Russian largest mobile retailer Euroset is 229th, while X5 Retail Group (founded through the merger of Pyaterochka and Perekrestok in May 2006) is 191st in the list.

News: Google Became a Second Biggest Player on Russian Search Market

Elias Zinenko — 2008-01-14T19:17:50+03:00

Earlier the second position in Russian segment of internet belonged to Rambler search company. Yandex stays a leader with 54,5% market share. Rambler now has only 15,6%. Yandex’s share decreased a little through the last year from 54,6% to 54,5%.

News: Microsoft Will Invest $10 millions in Retail Chains Worldwide, Including Russia

Elias Zinenko — 2008-01-14T12:25:26+03:00

The launch of brand shops is one of the main tasks for the new Microsoft Russia CEO Birger Stan.

News: Rosinter Restaurants Develop Option Program for Managers

Elias Zinenko — 2007-12-29T12:46:46+03:00

Analytics say that the managers’ options will make up about 20% of year’s EBITDA and there is a risk that it will have a negative impact on the company’s profitability.

News: 36.6 Buys Siberian Pharmacy Chain

Elias Zinenko — 2007-12-28T19:14:04+03:00

The acquisition is a part of a plan to continue expanding, the company said Thursday in a statement.

Father’s no More a Leader

Elias Zinenko — 2007-12-28T18:54:21+03:00

Financial Times published a review of the book by Michael Maccoby called The Leaders We Need: And What Makes Us Follow. According to the review, the book is of mixed qualities. Though, there is enough curious analysis of the social changes and their impact on leadership model.

News: Nokia and Huawei Won MegaFon’s 3G Contract

Elias Zinenko — 2007-12-28T11:28:21+03:00

MegaFon said it would invest $250 million in the network in 2008, while a Nokia Siemens spokesman said Thursday that they had won a multiyear contract.

Blog: New Leader's Voodoo Kit

Elias Zinenko — 2007-12-27T21:44:02+03:00

There’s something particularly magic in charisma phenomenon, which is necessary to obtain for every leader. But what if it’s hard to get but you need it eagerly?

Blog: Leadership Video Quotation Book

Elias Zinenko — 2007-12-27T21:24:53+03:00

Some British leadership training company created an ad video with a number of fine quotations concerning leadership. Couldn't stand to put it here.

News: Vimpelcom's Izosimov Will Stay CEO Until 2010

Elias Zinenko — 2007-12-27T17:25:45+03:00

Alexander Izosimov, the chief executive officer of Russia's No.2 cellphone operator Vimpelcom, will stay in his job for another two years, according to Reuters.

News: Yandex Named a 2008 Technology Pioneer by the World Economic Forum

Elias Zinenko — 2007-12-27T17:14:32+03:00

Yandex, Russia's most popular search engine, has been named a 2008 Technology Pioneer by the World Economic Forum, which will hold its annual meeting in Davos, Switzerland, in January.

Blog: Watching Clever and Witty

Elias Zinenko — 2007-12-26T21:36:10+03:00

Watching clever people we get cleverer, watching witty people we become wittier, and if those people are in addition are good storytellers, what can be more exciting!

Blog: Wake a Freak Inside You

Elias Zinenko — 2007-12-25T18:53:40+03:00

Steve Pavlina, former games computer games developer, now writing a blog, dedicated to self-development, found 10 Stupid Mistakes Made by the Newly Self-Employed. Among them there is a mistake called Sacrificing your personality quirks.

Global Brands Want to Go Blogging

Elias Zinenko — 2007-12-25T17:40:01+03:00

Writing corporate blogs turn from compulsory but made to appear as voluntary activity of PR-professionals to their official duty, in which other managers and employees are involved.

Jack Welch in Defence of Gen Yers

Elias Zinenko — 2007-12-24T20:20:03+03:00

Management guru Jack Welch in his BusinessWeek column defends young generation from accusations in greed and superficiality:

VimpelCom Buys Golden Telecom for $4.3 billion

Elias Zinenko — 2007-12-24T12:23:38+03:00

The deal, which had been widely expected, will better position VimpelCom to diversify services and provide new solutions for its clients, capitalizing on Golden Telecom's strong position in the broadband market, analysts said.

Visuals and Audials On the Go

Elias Zinenko — 2007-12-23T11:19:00+03:00

If the majority of learners are visual and auditory, it makes sense why learning online works. Learning from a storyteller via online video is not only an effective way to learn, it’s convenient, inexpensive, and its information can be delivered at any time.

Upstairs from a Fat Man

Elias Zinenko — 2007-12-21T19:06:51+03:00

Paul Gram, whom I have cited yesterday, cited yesterday, in his another article, proves that you should choose difficulty as a guide not just in selecting the overall aim of your company, but also at decision points along the way.

Pharmacy Chain 36.6 Strengthens its Positions in Southern Russia

Elias Zinenko — 2007-12-20T17:46:17+03:00

Over the past year Pharmacy Chain 36.6 has increased its presence in the region by 2.5-fold and raised its market share in the city of Sochi to 30%.

If You're Productive, What’s Your Price?

Elias Zinenko — 2007-12-20T17:31:38+03:00

I think few realize the huge spread in the value of 20 year olds. Some, it's true, are not very capable. But others are more capable than all but a handful of 30 year olds.

Leadership Lesson from a Futuristic Rock Climber

Elias Zinenko — 2007-12-20T16:49:08+03:00

Here’s a story on how to succeed by changing your frame of mind. In 1978, Jim Collins, the future author of From Good to Great book, became obsessed with a rock climb called Genesis in Colorado. Once, watching another climber’s failed effort to pass it, he noticed it’s not that impossible.

Rolf Group’s President and COO Matt Donnelli Leaves the Company

Elias Zinenko — 2007-12-20T15:28:10+03:00

From the beginning of the next year Nick Hoskins, the senior managing director of the Group, will take his position. Mr Hoskins will be responsible for the company strategy and shareholders relationships.

Today You’re a Mediocrity, Tomorrow – a Leader?

Elias Zinenko — 2007-12-19T20:07:35+03:00

Now, research at the London School of Economics may show that leaders are very rarely born. Instead, they are the ones who are willing to make the decision to lead in situations when it is most expected of them.

In a Pool with an Employer

Elias Zinenko — 2007-12-19T19:54:51+03:00

Informational interviews are a back-door way of letting employers know you want to work for them when something opens up.

Abraham Linkoln as a Talk-Show Star

Elias Zinenko — 2007-12-18T19:28:57+03:00

hose people who lived with him at time said that once he began speaking, got a smile on his face and told stories, this whole vitality came to his face.

Simple Techiques to Inspire and Motivate

Elias Zinenko — 2007-12-18T00:16:00+03:00

Only 10% of U.S. Employees look forward to going to work and most point to a lack of leadership as the reason why.

Do You Categorize Your Followers?

Elias Zinenko — 2007-12-17T23:18:10+03:00

Here are the types according to Barbara Kellerman as she states it in the HBR article What Every Leader Needs to Know About Followers.

One of Simple Secrets of Leadership from Young Sam Walton

Elias Zinenko — 2007-12-17T17:14:44+03:00

Sam Walton, Wal-Mart founder, in his book Made in America. My Story shows an example of an uncommon leadership lesson.

The Four Truths of Storytelling

Yury Barzov — 2007-12-17T15:30:20+03:00

Peter Guber is a business leader and a film producer. In his view storytelling is a key component of success for both leadership and in moviemaking.

To Stick and Inspire

Elias Zinenko — 2007-12-14T17:06:00+03:00

We all tell stories every day. Why? “Research shows that mentally rehearsing a situation helps us perform better when we encounter that situation,” Heath writes. “Stories act as a kind of mental flight simulator, preparing us to respond more quickly and effectively.”

I Watched, I Learned, I Managed

Elias Zinenko — 2007-12-13T17:05:09+03:00

Online coaching and mentoring wins by one to nil: HBR has published scientific evidence of our ability to develop leadership skills by imitating other people’s actions.

Rosinter and Whitbread Will Open 200 Costa Coffee Stores in Russia Next Year

Elias Zinenko — 2007-12-13T10:08:04+03:00

The plan will give Whitbread its first presence in Russia. Starbucks opened its first outlet there in September.

Yandex Will Spend Millions to Create Network Infrastructure in the Russian Regions

Elias Zinenko — 2007-12-11T17:49:58+03:00

The move is supposed to help Yandex raise profits from its relevant ads network.

36.6 Pharmacy Chain Will Launch a Hospital

Elias Zinenko — 2007-12-11T17:25:56+03:00

Total investments in the projects will be approximately $65 millions. The hospital is to launch its services in a year.

VimpelCom Bids for Volga Region Mobile Provider Smarts

Elias Zinenko — 2007-12-10T15:54:54+03:00

SMARTS has 4 million users in Russia and several assets in CIS countries.

Russian Leading Auto Dealer Rolf Group to Enter India in 2008

Elias Zinenko — 2007-12-10T13:26:56+03:00

Matt Donnelli, Rolf’s chairman and chief operational officer, said that starting from 2008, the company will sell cars in India in price segment from $25,000 to $40,000.

Russian Cell Operators VimpelCom and MTS Stock Is Traded With a Premium Against Foreign Competitors

Elias Zinenko — 2007-12-07T12:37:32+03:00

Russian telecom companies have a large growth potential. In addition, Russian cell companies can grow by foreign acquisitions.

Altimo Starts a Foundation to Invest in Telecom Research and Education Projects in Southeast Asia

Elias Zinenko — 2007-12-07T12:29:48+03:00

It is aimed to help promote its image and business in the region.

STS Media Is to Buy Several Film-Production Companies

Elias Zinenko — 2007-12-06T17:02:01+03:00

Earlier the STS management said that it is not interested in production business, because the profitability of the production companies is much less than of broadcasting ones.

Four Leading Russian Online Gaming Companies Join into a Holding, Creating Largest Player in the Market

Elias Zinenko — 2007-12-06T15:37:06+03:00

The move will allow the participants to formalize a united strategy in regards to their activities and also utilize their combined experience and infrastructure in order to perfect their businesses.

Morgan Stanley Bought 13.33% of Russian Retail Chain Dixy for $114,4 mln

Elias Zinenko — 2007-12-06T14:04:40+03:00

The stake is worth $114.4 million based on the shares' closing price of $14.30 on the RTS index.

‘Russian Standard’ Bank Secured Funding During the Crisis

Elias Zinenko — 2007-12-06T13:43:43+03:00

The bank is closing a $500 mln secutirization deal ABN Amro and Unicredit to finance its further growth.

Only Resource-Oriented Companies Represent Russia in the BCG’s List of 100 Emerging Giants

Elias Zinenko — 2007-12-05T18:07:32+03:00

Chinese and Indian companies range from resource and food to aerospace, automakers and pharmaceutical companies. In Brazil this industry spread is not so rich, but in Mexico and Russia the growing global business is represented only by one or two industries. While in Mexico there are mainly companies producing food products, in Russia they represent only oil&gas, energy and metallurgical sectors.

Euroset Plans to Capture the Market of Mobile Content

Elias Zinenko — 2007-12-05T15:12:09+03:00

The retail outlet initiative might encourage not only the other large mobile retailers to enter the given market but the mobile communication operators as well.

VimpelCom Confirms Bid for Golden Telecom, Offers $105 Per Share

Elias Zinenko — 2007-12-04T18:43:42+03:00

Industry sources said earlier that VimpelCom had offered to fully acquire Golden Telecom for $100 per share.

Peter Aven Estimated Financial Business of Alfa Group for $10 bn

Elias Zinenko — 2007-12-04T16:33:48+03:00

Aven said that Alfa Bank's value is $6,4-7 bn. He estimated AlfaStrakhovanie for $0,7-1 bn. Alfa Capital, assets-managing business, is estimated for $100 mln. Alfa Bank Ukrain has a capital of $375 mln. Total value is $10 bn, concluded Mr Aven.

Troika Dialog Appointed a New Financial Director

Elias Zinenko — 2007-12-04T15:33:01+03:00

During the 3 previous years Ekaterina was a financial director of Deloitte & Touche, where she managed the financial department in CIS countries.