Wednesday, 27 May 2020

Women more resilient

Updated: March 27, 2010 12:37 pm

Corporate leaders around the world believe that resilience the ability to overcome challenges and turn them into opportunities is key to keeping your job. These leaders view women as slightly more resilient than men, and they are providing their female professionals with a variety of programmes aimed at developing resilience, according to new research from Accenture. The research, Women Leaders and Resilience: Perspectives from the C-Suite, has found that more than two-third (71 per cent) of corporate leaders report that resilience is extremely important in determining who to retain. While respondents are divided about whether men or women are more resilient (53 per cent report women are very to extremely resilient; 51 per cent reported men as very to extremely resilient), 60 per cent are providing women with career enhancing assignments, and 40 per cent are preparing women for senior management roles. The survey of more than 500 senior executives including CEOs, COOs, CFOs and CHROs of mid- to large-size companies in 20 countries across the globe found that, despite the economic downturn, many corporate professional development programmes specific to women remain intact.

Expanding Birla Group

Aditya Birla Minacs, a global business solutions company, has announced the acquisition of UK-based Compass BPO Ltd, a leading pure-play end-to-end Finance and Accounting (F&A) services provider. Compass BPO has appeared in the top 15 upcoming F&A BPO players in a recent Gartner report. Through this acquisition, Minacs will take over all the operations of Compass across the UK, US, Middle East and in India, bringing Minacs’ F&A employee strength to 600. The founders of Compass David McCullough and Mark Atkins will join Minacs’ management. This announcement comes close on the heels of Minacs’ recent inauguration of its new Global F&A Center of Excellence in Chennai, said a company release.

Sony: A step ahead

Sony India plans to usher new heights in the LCD TV segment with plans to capture 30 per cent of the total market share. Sony claims confidence to achieve the targets based on three-pronged strategy of technology, picture quality and design. On the back of technology, Sony introduces 3D TV to India, which is the next big trend in the evolution of multimedia entertainment. The new range offers hours of endless entertainment to users with Internet enabled TV. The new LED technology based range promises to provide breakthrough visual experience with sharp images delivered through cutting-edge video quality. Exuding aesthetic appeal, the new range of BRAVIA series will be available in the new and stylish Monolithic design concept, providing the consumers’ unparalleled television viewing experience at home, a company statement said.

Unsteely show

The steel ministry has said that no public sector steel company has sent any representation to the Directorate General of Anti Dumping & Allied Duties (DGAD&AD) for evolving a time bound anti-dumping mechanism on steel imports. The minister of state for steel Mr A Sai Prathap has said that there is no general case of imports causing injury to the domestic steel industry. In specific cases where the domestic industry has filed application with the DGAD&AD with prima facie evidence of dumping of a particular category of steel in the country, the petitions have been duly investigated by DGAD&AD. Wherever appropriate, DGAD&AD has notified the final findings recommending to the Central Government, the amount and form of anti-dumping that is sufficient to remove injury to the domestic industry.

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