Good2Work - News & Blog

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

Anton Murad — 2008-05-26T13:28:39+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...

To get rich your child should read

Anton Murad — 2008-05-05T19:25:19+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.

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.

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.

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.

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.

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. First, a strong argument in favor of long term investments in talent sourcing and development. Second, an interesting point that young talent in emerging markets, especially Russia, China and Brazil requires extra preparation to become internationally competitive.

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. Schultz, who was Starbucks' CEO from 1987 to 2000, said the company's heavy emphasis on growth in recent years has blurred its focus on ways to keep customers happy. He shouldered some of the blame for that. With the company faltering amid a sagging economy and increasingly fierce competition from cheaper rivals, his new job is to turn things around -- slowing growth in the U.S. and closing some shops, ramping up expansion overseas, streamlining management and focusing more on things such as new drinks and other products that will draw customers back.

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. According to the company's management statement this result was facilitated by the effects of scale from sales and market growth, development of the leading brands and premiumisation of the portfolio, as well as the remaining $20 million synergy effect from the merger of Baltika, Vena, Yarpivo and Pikra back in 2006.

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.

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.

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.

36.6 Will Cut Store Openings This Year

Elias Zinenko — 2008-02-01T12:54:04+03:00

36.6 will add fewer than the 350 outlets it opened in 2007, president Jere Calmes said, without specifying a number.

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.

Yandex’s Income More Than Doubled Last Year

Elias Zinenko — 2008-01-30T16:58:54+03:00

Though Yandex hasn’t unveil absolute amount of its EBITDA for the last year, experts say it has reached $167 mln. It is $27 mln more than the company planned. In 2006 Yandex’s pure income was $29,9 mln.

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.

Evroset Sales Rose Last Year to $5.6Bln

Elias Zinenko — 2008-01-29T19:21:54+03:00

Revenue climbed to a record $5.61 billion, from $4.62 billion a year earlier, Yevroset said in an e-mailed statement. That beat the target of about $5.5 billion that the company set in June. Handset sales increased 4.2 percent to 12.6 million at an average price of $201, or 6.1 percent more than in 2006.

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. According to ComScore, about 566 mln search requests were made through Yandex in December 2007, which corresponds to 0.9% of all requests worldwide. According to Yandex data the number of requests in December amounted to 587 mln.

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.

News: The First Russian Airways Discounter Sky Express Joined 20 Largest Airlines In a Year

Elias Zinenko — 2008-01-18T16:57:09+03:00

The company started flights a year ago. During 10 months of 2007 it has joined 20 Russian largest airlines.

News: X5 Retail Group Wants to Buy Karusel Chain

Elias Zinenko — 2008-01-17T19:15:12+03:00

X5 Retail Group, the country's largest food retailer, said Wednesday that it would exercise its option to purchase Karusel, a grocery retail chain with outlets in the country's northwest.

Vimpelcom Arranged a $3.5 Billion Syndicated Loan from 8 Western Banks

Elias Zinenko — 2008-01-17T19:00:53+03:00

Vimpelcom, Russia's second-biggest mobile phone firm, has mandated eight banks to arrange a $3.5 billion syndicated loan.

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.

Blog: I Can’t Do It, But I Can Teach You How To

Elias Zinenko — 2008-01-14T20:12:52+03:00

In this short video Tom Peters calls us to search true leaders not among those who has a talent to do some job perfect, but among those who have a talent to lead and motivate.

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.

Blog: Unnecessary Charisma

Elias Zinenko — 2007-12-29T10:46:38+03:00

Can you become a leader with no charisma? Answers differ. Irina Sinitsyna, a former CEO of ArbatPrestige retail chain, thinks confesses that she doesn’t have charisma qualities and she’s sure that manager does not need it.

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.

X5 Retail Group, Russia's Biggest Supermarket Company, Wants to Buy Ramstore

Elias Zinenko — 2007-12-04T13:23:09+03:00

X5 spokeswoman declined to comment on the report, saying that the company is considering all opportunities to acquire Russian food retailers.

Jere Calmes named President at Pharmacy Chain 36.6

Elias Zinenko — 2007-12-03T18:49:32+03:00

“My key goals are to maintain and improve the exceptional customer service provided to millions of 36.6 clients and to fulfill our ambitious plans with regard to expanding the retail chain and increasing shareholder value,” said Calmes.

"Russian Standard" Consolidates its Assets

Elias Zinenko — 2007-12-03T16:58:15+03:00

The deal is conducted among the moves to consolidate the financial business of the group under the control of the "Russian Standard" bank.

Six Apart Sells LiveJournal to Russian Media-company SUP

Elias Zinenko — 2007-12-03T13:29:27+03:00

This agreement builds on the established relationship between Six Apart and SUP, which entered into a licensing agreement in October 2006 permitting SUP to manage LiveJournal in Russia. The Russian LiveJournal community is second only to the U.S. in number of accounts, and has been influential enough in that country to make "LiveJournal" synonymous with "blogging" in Russian.

Russia's No. 3 Mobile-phone Company MegaFon Starts Using Nokia Software

Elias Zinenko — 2007-11-30T19:33:00+03:00

"Nokia Intellisync Wireless Email offers MegaFon a highly scalable platform, allowing them to keep pace with the demands of its fast expanding customer base," says Scott Cooper, senior vice president, Mobility Solutions, Enterprise Solutions, Nokia.

VimpelCom Net Profit Soared 70% in the 3d Quarter

Elias Zinenko — 2007-11-30T18:39:44+03:00

In the Russian market quarterly net profit reached $423 mln usd, up from $280 mln.

Pharmacy Chain 36.6 Announced 9 Month Financial Results

Elias Zinenko — 2007-11-29T19:30:49+03:00

The Company’s net losses in 9M 2007 totaled US$41.9 million. Net profit of US$41.5 mln in 9M 2006 was primarily attributed to Veropharm’s IPO.

Russian Internet Portal Mail.ru Is Valued at $1 bn - so far the Highest Valuation for a Russian Web Asset

Elias Zinenko — 2007-11-29T15:34:03+03:00

The market analysts say Naspers paid a fair price.

Wimm-Bill-Dann Foods, One of the Russia’s Leading Producers of Milk Products and Beverages, Today Announced the Launch of Production of Its Brands in Canada.

Elias Zinenko — 2007-11-29T12:22:28+03:00

In partnership with Canadian juice company Wonder Berry, Wimm-Bill-Dann is initiating the making of mors, a traditional Russian juice-based beverage made from fresh berries, in Canada.

5 Russian IT-companies Plan to Launch Social Network for Innovators

Elias Zinenko — 2007-11-29T10:58:53+03:00

The project will be named kulibin.org and it is supposed to help 200.000 users and 1.300 Association of Innovations members to communicate with each other.

Vimpelcom Bids for Golden Telecom, Offering $4 bln

Elias Zinenko — 2007-11-28T19:45:21+03:00

The analysts say that benefits for Vimpelcom are obvious: the deal could create the largest country’s operator providing communication services of all kinds.

Russian Mobile Operators Will Launch Blackberry Sales Soon

Elias Zinenko — 2007-11-27T20:21:38+03:00

Both mobile operators are sure that the demand for Blackberry in Russia will be huge.

Ruben Vardanian, Troika Dialog: “I Value My Company’s Managers’ Ambitions to Become Extra Successful”

Elias Zinenko — 2007-11-26T17:42:01+03:00

If you build a partnership where all the partners can influence the decisions, you should create the mechanisms that allow them to become the owners.

Rustam Tariko Plans to Make Russian Standard One of the Leading Global Brands

Elias Zinenko — 2007-11-22T19:53:40+03:00

In 2006, the company sold 1,5 mln 9-litre boxes ouside Russia, and plans to raise abroad sales up many times in the coming years.

Troika Dialog President Promised Employees $100 mln in 2012 if the Company Meets the Goals

Elias Zinenko — 2007-11-21T18:41:42+03:00

In case if the company succeeds, all Troika employees will receive the money. He suggested that 10% of the workers could become millionaires.

MTS Third-Quarter Profits Are Up 35%

Elias Zinenko — 2007-11-21T18:13:20+03:00

The firm said revenues were up 23 percent from a year ago to $2.22 billion, in line with an average forecast of $2.21 billion in a poll of analysts.

Kaspersky Lab and Yandex Are the only Two Russian Technology Ventures among the "Red Herring 100 Global" Finalists

Elias Zinenko — 2007-11-21T17:59:23+03:00

Among the finalists there are only 2 technology ventures from Russia: the leading Russian online search company Yandex and Kaspersky Lab, a leading provider of Internet threat management solutions.

Russia's Pharmacy Chain 36.6 Sales Rose by 70.6 Percent Year-on-Year to $592 mln

Elias Zinenko — 2007-11-20T19:32:22+03:00

The company also said like-for-like sales were up 28.9 percent in dollar terms from a year ago, helped by higher average receipt at its regional pharmacies.

Richard Branson and Other Business Leaders & Entrepreneurs Support Gen Y Focused Start-up

Elias Zinenko — 2007-11-20T14:41:01+03:00

At the launch of ‘Brave New Enterprises’, UK business leaders will engage with successful young entrepreneurs to ask: Why should we care about Generation Y? How will the next generation impact the face of global enterprise and how will businesses cope with this demanding generation entering the workplace?

Top Knowledge Economies Worldwide Are Sweden, Denmark, Norway and Finland

Elias Zinenko — 2007-11-19T17:53:19+03:00

Russia is at the 47th position, India is ranked 101st of 140 countries.

Asia-Pacific Region Is the New Battleground in the Global War for Management Talent

Elias Zinenko — 2007-11-19T14:51:40+03:00

Asia’s economic expansion is increasing the demand for experienced executives.

Gen Yers’ Familiarity with the Technology Enables them to be Proactive in Job Search

Elias Zinenko — 2007-11-19T14:38:17+03:00

The study found that Generation Y (those aged under 30) are completely comfortable using new methods of communication to research and apply for jobs.

General Electric Leads in the Top Companies for Leaders 2007 Global Ranking

Elias Zinenko — 2007-11-16T18:29:55+03:00

Fortune magazine and human resources consultants Hewitt Associates with RBL Group issued a ranking of the world's companies that do the best job of developing strong leaders.

Wealth of India's 40 Richest Doubled During the Last Year, Making Them the Wealthiest Group in Asia

Elias Zinenko — 2007-11-16T18:04:56+03:00

Together, the leading foursome of the rank is worth more than the 40 richest Chinese combined.

Google's Plans for Mobile Phone Business Include Running its Own Mobile Network

Elias Zinenko — 2007-11-16T13:51:04+03:00

The behind-the-scenes moves illustrate just how serious the Internet giant is about trying to reshape the wireless world.

Veteran Internet Executives Will Coach Early Stage Digital Entrepreneurs and Invest in Their Start-Ups

Elias Zinenko — 2007-11-15T18:20:11+03:00

Winners of the next year’s LaunchBox08 contest will tap expertise of the founders and advisers of the prominent companies in the market and receive funding of $25,000 to $30,000.

Growth in Starbucks Sales Revenue has Slowed

Elias Zinenko — 2007-11-15T17:27:31+03:00

The concern is that the company has been adding locations so quickly that the new stores are cannibalizing the old ones to the point where the chain can't increase its same-store sales at the rapid pace to which investors have grown accustomed. In the past year, shares of Starbucks have fallen about 37%.

Google: Making the World a Better Place Can Be a Good Way to Earn

Kate Zakomurnaya — 2007-11-14T19:07:01+03:00

In 2007 Fortune named Google the “Best Company to Work For”. Its rivals say that when they are lucky to find an excellent professional, they certainly found that he or she has been already made a job offer...

During the Last Decade Britain Emerged as a World Leader in the Knowledge Economy

Elias Zinenko — 2007-11-14T17:33:24+03:00

Why is Britain doing so well? The Work Foundation’s answer (we are engaging in Europe’s largest-ever knowledge economy inquiry) is that the knowledge economy is a sophisticated supply response to high and growing levels of educated, discerning demand – and that Britain has enjoyed 15 years’ growth of just such demand.

Eco-Friendly Policies Help Companies Attract Young Talent and Increase Productivity

Elias Zinenko — 2007-11-14T17:30:33+03:00

"At the end of the day, we are competing with everyone else for the best talent, and this is a generation that is very concerned with the environment," NewPage Chief Executive Mark Suwyn says.

Bill Gates, Steve Jobs, Michael Dell Top List of IT Influencers

Elias Zinenko — 2007-11-13T14:07:06+03:00

Gates was named by 84% of the participants, Jobs by 73%, and Dell by 53% of CompTIA voters.

Facebook’s New “Social” Ad Technology Has Drawn Mixed Reviews from Internet-Watchers

Elias Zinenko — 2007-11-13T13:39:00+03:00

While some analysts have welcomed Facebook’s attempt to develop a revenue model that can justify the hype around social networking, other observers are lamenting the company’s move to transform its users into “fan-sumers” who are encouraged to engage in word-of-mouth marketing on behalf of the site’s advertisers.

Visa Plans $10 Billion IPO

Elias Zinenko — 2007-11-12T20:09:17+03:00

While that number is viewed as a placeholder that could change as the event, expected early next year, gets closer, it would still make it the second-largest public offering by a U.S. company.

Many of Those Who Build Plans on Online Ads May Be Disappointed, CEO of Publicis Warned

Elias Zinenko — 2007-11-12T18:38:29+03:00

Too many new media companies are chasing too few advertising dollars, one of the advertising industry’s most senior executives has warned, as fresh questions were raised about the fast-rising valuations of prominent online groups.

Monster.com Study: Employers Undervalue Work/Life Balance Initiatives' Impact on Recruitment

Elias Zinenko — 2007-11-12T13:30:49+03:00

Study Indicates That Only Half of HR Professionals Believe Work/Life Balance Will Improve Over Next Five Years.

Richard Branson Plans to Float His Virgin Active to Attract £1bn

Elias Zinenko — 2007-11-10T21:49:40+03:00

The business, 85 per cent owned by Sir Richard, has been highly successful.

Gary Hamel: We Are on the Threshold of a Post-Managerial Society

Elias Zinenko — 2007-11-10T20:55:28+03:00

The outlines of the 21st-century management model are already clear. Decision-making will be more peer-based; and the tools of creativity will be widely distributed in organizations.

Newly released book Millennial Leaders Tells Success Stories from Today's Most Brilliant Generation Y Leaders

Elias Zinenko — 2007-11-08T15:10:45+03:00

Newly released book shows people how to communicate and lead across generations, while offering valuable insights into the emerging force that is Gen Y.

MySpace Launches Self-Serve Ad Service

Elias Zinenko — 2007-11-07T17:02:21+03:00

MySpace plans to launch a self-serve advertising service targeted to small-business owners, musicians, politicians and others looking to reach MySpace users.

Yahoo Criticized of Cooperating with China Government

Elias Zinenko — 2007-11-07T16:49:45+03:00

Mr. Callahan could not say whether there were outstanding demands from the Chinese government for information from Yahoo, or whether Yahoo would react the same today to a demand for information from the Chinese government.

Facebook Announced Behavioral Advertising System

Elias Zinenko — 2007-11-07T15:54:57+03:00

A new advertising system allows marketers to target their messages based on the interests of the social-networking site's millions of users, confirming weeks of speculation.

Pharmacy Chain 36.6 Raises $115 mln in Share Issue

Elias Zinenko — 2007-11-06T11:21:17+03:00

The firm, which runs more than 1,000 health and drug stores and also owns generic drug maker Veropharm, said it had placed 1.5 million shares, equal to 15.8 percent of its enlarged capital, at 1,889 roubles ($76.60) each.

Perform-or-Die Culture Led to Lack of Talent and Leadership in U.S. Financial Sector

Elias Zinenko — 2007-11-06T11:14:59+03:00

"It's a weird state of affairs that these phenomenal global companies can't self-reproduce executives," says Glenn Schorr, a financial services analyst at UBS AG. "It is a function of the culture and the leadership or lack of leadership" at each firm, he says.

Employees’ Loyalty to an Organization Has Loosened Last Years, Survey Revealed

Elias Zinenko — 2007-11-02T17:43:06+03:00

Business leaders and their leadership style remain incredibly important to employees--even though it seems workers complain more about benefits, salary and vacation time. People just want a boss and management team who are interested in the well-being of the individual and the company, according to the 2007 Global Workforce Study by management consulting group Towers Perrin.

Leadership Development in Companies Moved from Training "Just in Case" to Focused Learning

Elias Zinenko — 2007-11-02T17:23:26+03:00

Leadership development has moved from training "just in case" someone needed to know the key concepts or tools in management to focused learning and development "just in time" to apply them to achieve specific strategic objectives. Today's leadership development is much more likely to include an application opportunity and to support specific strategic initiatives.

Many of the Young, Talented Russians Who Left Their Home Country in the Late 90s Are Coming Home

Elias Zinenko — 2007-11-01T15:34:14+03:00

Despite Moscow’s international reputation as one of the most expensive cities in the world, most professionals will find their money goes much further in the Russian capital than, for example, in London.

Google Releases OpenSocial, Seeking Bigger Role in Social Networking

Elias Zinenko — 2007-11-01T14:30:25+03:00

By creating a set of technical specifications for broader adoption, Google could potentially undermine the early lead that MySpace and Facebook have in terms of the application offerings to consumers and usage.

Pepeliaev, Goltsblat & Partners Are Recognized as the Best Employer in Russia

Elias Zinenko — 2007-11-01T13:04:20+03:00

By combining a western pragmatic approach to running business with a virtually family atmosphere of a united company, Pepeliaev, Goltsblat & Partners creates excellent conditions for professional and career growth.

Silicon Valley Start-up and MySpace Try to Move the "User-Generated Content" Revolution into the Physical World

Elias Zinenko — 2007-10-31T14:47:25+03:00

The Zazzle "widget" will take fans to an online store the band has set up, with a gallery of approved artwork and a range of products to put it on.

Facebook's Microsoft Deal May Boost Options Prices, Hurting Ability to Lure Top Talent

Elias Zinenko — 2007-10-31T12:00:21+03:00

There is a little-noticed downside to Microsoft Corp.'s investment in Facebook Inc., according to WSJ. The deal will likely raise the price of stock options issued by the social-networking company and could make it more difficult to hire talented employees.

"Some Leaders are Born, Others Are Made," Says Karlin Sloan, Executive Coach

Elias Zinenko — 2007-10-30T12:43:30+03:00

Sloan's new book, Smarter, Faster, Better: Strategies for Effective, Enduring, and Fulfilled Leadership is a thought-provoking handbook for anyone who wants to kick a management career up a notch to the leadership level.

500 Largest US Companies Will Lose 50% of Their Senior Management in 5 Years

Elias Zinenko — 2007-10-30T12:27:56+03:00

The nation is in the middle of a talent crisis. The U.S. is estimated to face a 10 million worker shortage in 2010; and the average tenure at one employer for U.S. employees is only three years.

Tata Group’s Talent Development Keeps MBAs from Leaving India

Elias Zinenko — 2007-10-29T15:47:49+03:00

Tata gains the admiration of potential leaders through the strength of their 12-month intensive management-training program, called TAS, which has been in place for more than fifty years.

Employers Implement New Policies to Accommodate Gen Y Workers

Elias Zinenko — 2007-10-26T14:55:31+04:00

"Generation Y workers grew up in a technology-driven world where standards and norms have changed and often operate under different perspectives than older co-workers," Ms. Haefner said.

Pharmacy Chain 36.6 Launched a New Line of Private Label Cosmetics

Elias Zinenko — 2007-10-26T14:40:32+04:00

Dobraya Zabota 36.6 is a baby care line designed to treat delicate skin and formulated with extracts of medicinal plants and herbal oils.

PepsiCo’s Leadership Development Approach Includes Career-Growth and Talent-Management Models

Elias Zinenko — 2007-10-25T13:53:30+04:00

PepsiCo’s leadership-development strategy is grounded in the belief that strong leaders are needed to be successful in the marketplace.

Microsoft Buys 1.6% Stake In Facebook for $240 million, Betting on Web Ad Boom

Elias Zinenko — 2007-10-25T13:10:24+04:00

The deal represents a huge bet that the online advertising boom will continue and the popular social networking site will be among the biggest beneficiaries.

Richard Branson's Virgin Galactic Brings Space Tourism to India

Elias Zinenko — 2007-10-24T19:51:40+04:00

Already four Indians - two US-based and one each in UK and India - are among the 200 space tourists who have already bought the $200,000 ticket.

A Generation Y Leader Inspires by Enabling Others to Be Leaders

Elias Zinenko — 2007-10-24T19:31:41+04:00

A Gen-Y leader delegates to help the worker achieve their goals. They are motivated by relationships and have an obsession with seeing others succeed.

In Spite of Major Labels Laments, Everything in the Music Industry is Up, Except CDs Sales

Elias Zinenko — 2007-10-24T19:07:28+04:00

The problem with the music labels is not that music is an industry in decline, but that they have a too-narrow view of what business they’re in.

SAP's Sales Volume in Russia and CIS Gained the 3d Place After Company’s Sales in U.S. and Germany

Elias Zinenko — 2007-10-23T19:52:34+04:00

“We are the one of the most fast-growing and profitable local departments of SAP,” says Volpe. “The 3d quarter was one of the most successful during all 15 years of company’s work in CIS.”

Esther Dyson Is Surprised at People's Carelessness with Their Personal Information

Elias Zinenko — 2007-10-23T18:13:58+04:00

Esther Dyson, a prominent start-up investor, said she expected that people would care more about issues of privacy and personal information online.

Chinese Investment Bank Starts an Aggressive Recruitment Campaign in U.S.

Elias Zinenko — 2007-10-23T13:15:21+04:00

Traditionally, Chinese financial institutions had no trouble staffing up at home. Now, however -- amid a spate of major Chinese-company IPOs both at home and abroad, and increased cross-border deal-making -- the banks are looking to bring in more international experience.

Starbucks CEO Howard Schultz Invests in Yogurt Chain

Elias Zinenko — 2007-10-22T16:24:47+04:00

Schultz in a press release called Pinkberry founders Shelly Hwang and Young Lee "visionary entrepreneurs" and labeled their brand "a cultural phenomenon."

Jack Welch Shared His Message of Leadership, Globalization and Values on AFP Conference

Elias Zinenko — 2007-10-22T13:07:56+04:00

Welch said that good leaders must have three key characteristics: authenticity, resilience and "the ability to see around corners."

Open Communication is a Must-Do for Every Business-Leader, Boris Scherbakov Says

Elias Zinenko — 2007-10-19T19:50:06+04:00

Many of top-executives underestimate or don’t like public events, explaining they are often unimportant and too far from serious business issues. Anyway, insists Mr Scherbakov, it’s very useful to take part in such events.

Companies Worldwide Face Leadership Crisis - IBM Study

Elias Zinenko — 2007-10-19T19:41:44+04:00

The study suggests companies are putting growth strategies at risk if they cannot identify and develop the next generation of leaders.

Gen Y'ers Are Conservative in Their Lifestyle

Elias Zinenko — 2007-10-18T15:49:50+04:00

Generation Y is the most conservative generation since the Great Generation that fought World War II, Penelope Trunk says.

Deloitte and Other Big 4 Companies Are at the Top of The Best Places to Work for Graduates

Elias Zinenko — 2007-10-18T14:45:58+04:00

Across industries, there is a mad scramble to recruit the best and brightest of a new generation, the much-maligned, heavily scrutinized Gen Y. Nowhere is the pressure more intense than in the Big Four. The Sarbanes-Oxley Act has so greatly increased the need for their services that the firms are facing an epic talent shortage.

MySpace Will Launch its Local Versions in Russia, Brasil, India and Poland

Elias Zinenko — 2007-10-17T18:57:44+04:00

Earlier this month MySpace HR professionals placed a vacation ad for a marketing director in Russia on the LinkedIn web-service.

eBay: Built on the Belief in People’s Basic Goodness

Kate Zakomurnaya — 2007-10-17T18:25:29+04:00

The very first item sold on future eBay was a broken laser pointer for $14.83. Astonished, Pierre Omidyar contacted the winning bidder and asked if he understood that the pointer was broken. In his responding email, the buyer explained: "I am a collector of broken laser pointers".

Russia's Leading Network of Pharmacies 36.6 Is to Raise $111 mln in October SPO

Elias Zinenko — 2007-10-17T12:56:22+04:00

The additional source of financing the needs of the company is found. It will not raise its debt load, which is important, taking into account the company’s high debt level.