Archive for May 27th, 2016
Center for Creative Leadership Earns Third Straight Top 5 Ranking from Financial Times
SINGAPORE /PRNewswire/ — For the third year in a row, the Center for Creative Leadership (CCL®) ranks No. 4 overall in the Financial Times‘ worldwide survey of executive education, which was released today.
CCL also ranks No. 6 globally for Open Enrollment programs and No. 7 for Custom programs in the 2016 survey.
Additionally, the Financial Times rates institutions in 10 sub-categories for Open Enrollment and Custom.
In Open Enrollment, CCL ranked in the Top 10 in eight categories: Preparation; Course Design; Teaching Methods & Materials; Faculty; New Skills & Learning; Food & Accommodations; Aims Achieved; and Facilities.
In Custom, CCL also placed in the Top 10 in eight categories: Preparation; Program Design; Teaching Methods and Materials; New Skills & Learning; Follow-Up; Aims Achieved; Facilities; and Future Use. CCL also ranked No. 1 for the second straight year for the number of international participants in its Custom programs, reflecting the growing global reach and impact of its offices in Africa, Asia, Europe and North America.
CCL is the only institution – from more than 85 in the rankings – that focuses exclusively on leadership development.
The rankings are based on direct feedback from organizational and individual clients who rated leading executive education providers, including Harvard, Wharton, IMD and Insead, for quality and impact.
“This survey features a highly competitive field, and CCL’s continued success reflects the results we deliver for the many individuals and organizations we are privileged to serve,” said CCL President and CEO John R. Ryan. “Clients throughout the world entrust us with their leadership journeys, and we are very grateful for the partnership.”
“DBS has partnered CCL on key leadership programs for our seniors and hi-pos in the last three years with great success and feedback. With the expert facilitation, coaching by CCL’s team of experienced facilitators and ability to adopt learning methodologies, DBS leaders have experienced multi-dimensional perspectives and in-depth reflection on their leadership and career journeys,” said Lee Yan Hong, Managing Director and Head of Group Human Resources, DBS Bank. “Many thanks to CCL for being part of DBS’ transformational journey.”
“We couldn’t be more pleased to be placed amongst the top providers for executive education globally – extending our impact of developing leaders and transforming organizations, while benefitting societies worldwide,” said Dr Roland Smith, Senior Vice President and Managing Director, Asia-Pacific, CCL. “As we pursue our belief of lifelong learning amidst a volatile environment of change, we aim to continue bringing our latest research knowledge and innovative solutions to leadership development journeys throughout the nation and region.”
About CCL
The Center for Creative Leadership (CCL®) is a top-ranked, global provider of leadership development. By leveraging the power of leadership to drive results that matter most to clients, CCL transforms individual leaders, teams, organizations and society. Our array of cutting-edge solutions is steeped in extensive research and experience gained from working with hundreds of thousands of leaders at all levels. Ranked among the world’s Top 5 providers of executive education by Financial Times and in the Top 10 by Bloomberg BusinessWeek and the Financial Times, CCL has offices in Greensboro, NC; Colorado Springs, CO; San Diego, CA; Brussels, Belgium; Moscow, Russia; Addis Ababa, Ethiopia; Johannesburg, South Africa; Singapore; New Delhi-NCR,India; and Shanghai, China.
MEDIA CONTACT: Molly Chin
Center for Creative Leadership
T: +65-6854-6009
E: chinm@ccl.org
New FDM 3D Printer Enhancements Make Stratasys Solutions Stronger, Simpler and Faster for Demanding Industrial Applications
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HONG KONG /PRNewswire/ — Stratasys Asia Pacific, subsidiary of Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, today introduced four new enhancements to Stratasys Fused Deposition Modelling (FDM®)-based 3D printers, fully optimizing selected models for creating functional product prototypes, production tools and end-use parts for the most demanding manufacturing applications.
Easier to Manufacture Complex Hollow Composite Parts with New Sacrificial Tooling Solution
3D printed sacrificial tooling, or 3D printed molds and mandrels, enables manufacturers to rapidly and cost-effectively create complex composite parts with geometries that would normally trap the tool. To further improve the process, Stratasys is introducing an innovative sacrificial tooling solution, featuring the new ST-130 material along with alternative fill patterns designed for faster dissolution, rapid build speed, and greatly improved tool quality and autoclave performance.
The new sacrificial tooling solution is available for the Fortus 450mc and 900mc 3D Printers.
“Ideal for automotive, aerospace and sporting goods industries, the new ST-130 material empowers manufacturers of composite parts with an accelerated, more cost-effective option for sacrificial tooling,” said Ryan Sybrant, Director, Manufacturing Marketing and Enablement at Stratasys.
The new material is available for the Stratasys Fortus 450mc and 900mc 3D Printers.
Fortus 900mc Acceleration Kit — for Rapid Production of Composite Tooling
Producing the large composite parts and associated tooling, typing used in aerospace, automotive and similarapplications can take several weeks to many months for fabrication. To reduce production time and cost, Stratasys has developed the Fortus 900mc Acceleration Kit. The new solution allows very large tools to be produced up to three times faster in ASA and ULTEM™ 1010 materials.
ULTEM 9085 Aerospace: First ULTEM Material with Full Aerospace Traceability
Aerospace engineers and manufacturers need materials that meet air worthiness requirements for flight hardware. To meet these challenging requirements, Stratasys produces ULTEM9085 Aerospace grade filaments to a detailed specification developed in consultation with multiple aerospace customers. While there is no change to the ULTEM 9085 material properties, the Aerospace designation enables full production traceability in compliance with strict aerospace requirements. In addition to the Stratasys Certificate of Compliance, each order of ULTEM 9085 Aerospace grade filament is provided with traceability documentation and a certificate of analysis confirming batch material properties.
Engineers can begin prototyping sooner – avoiding lengthy time-to-market for new aerospace designs and high costs resulting from late development design changes. ULTEM 9085 Aerospace is also optimized for low-volume or custom tooling applications.
Tough PC-ABS Material Now Available on More Stratasys 3D Printers
With its high durability and smooth matte finish, PC-ABS is a natural choice for challenging applications, such as power-tool prototyping and industrial equipment manufacturing. Owners of the Fortus 380mc and 450mc 3D Printers will now have the ability to leverage PC-ABS, reducing time-to-market and high tooling costs for low-volume and custom production builds. 3D printing in real engineering thermoplastics results in stronger parts, more confident testing and prototypes that mimic the material properties of the final product.
“We believe that these new enhancements will greatly increase the impact of Stratasys FDM 3D printing solutions, clearly demonstrating a commitment to the ongoing success of our manufacturing customers. Each new feature is designed to address specific manufacturing requirements – including speed, ease-of-use and creation of new industrial applications,” added Sybrant.
Download high resolution images of models produced through sacrificial tooling and the Fortus 900mc Acceleration Kit here.
For more information about any of these enhancements, please contact a reseller or visit Stratasys’ website.
For more than 25 years, Stratasys Ltd. (NASDAQ:SSYS) has been a defining force and dominant player in 3D printing and additive manufacturing — shaping the way things are made. Headquartered in Minneapolis, Minnesota and Rehovot, Israel, the company empowers customers across a broad range of vertical markets by enabling new paradigms for design and manufacturing. The company’s solutions provide customers with unmatched design freedom and manufacturing flexibility — reducing time-to-market and lowering development costs, while improving designs and communications. Stratasys subsidiaries include MakerBot and Solidscape, and the Stratasys ecosystem includes 3D printers for prototyping and production; a wide range of 3D printing materials; parts on-demand via Stratasys Direct Manufacturing; strategic consulting and professional services; and the Thingiverse and GrabCAD communities with over 2 million 3D printable files for free designs. With more than 2,700 employees and 800 granted or pending additive manufacturing patents, Stratasys has received more than 30 technology and leadership awards. Visit us online at: www.stratasys.com or http://blog.stratasys.com/, and follow us on LinkedIn.
Note Regarding Forward-Looking Statements
The statements in this press release relating to Stratasys’ beliefs regarding the benefits consumers will experience from the ST-130 material, Fortus 900mc Acceleration Kit, and ULTEM 9085 Aerospace material, Stratasys’ expectation on the timing of shipping the ST-130 material, Fortus 900mc Acceleration Kit, and ULTEM 9085 Aerospace material are forward-looking statements reflecting management’s current expectations and beliefs. These forward-looking statements are based on current information that is, by its nature, subject to rapid and even abrupt change. Due to risks and uncertainties associated with Stratasys’ business, actual results could differ materially from those projected or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that consumers will not perceive the benefits of the ST-130 material, Fortus 900mc Acceleration Kit, and ULTEM 9085 Aerospace material to be the same as Stratasys does; the risk that unforeseen technical difficulties will delay the shipping of the ST-130 material, Fortus 900mc Acceleration Kit, and ULTEM 9085 Aerospace material; and other risk factors set forth under the caption “Risk Factors” in Stratasys’ most recent Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC) on March 21, 2016. Stratasys is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by the rules and regulations of the SEC.
Stratasys Media Contacts
Stratasys AP
Janice Lai
Tel. +852 3944 8888
Media.ap@stratasys.com
Related stocks: NASDAQ-NMS:SSYS
Cate Blanchett Attends the Sì Gathering Day Celebrating the New Fragrance Sì Le Parfum and the Sì Women’s Circle
LONDON /PRNewswire/ —
#SaySì
To celebrate the launch of the fragrance Sì Le Parfum and the Sì Women’s Circle, an exclusive cocktail party was held today at Florence Hall in London, in the presence of Academy Award® winning actress Cate Blanchett, the face of the fragrance, and Roberta Armani.
(Photo: http://photos.prnewswire.com/prnh/20160525/371937 )
(Photo: http://photos.prnewswire.com/prnh/20160525/371938 )
(Photo: http://photos.prnewswire.com/prnh/20160525/371939 )
(Photo: http://photos.prnewswire.com/prnh/20160525/371940 )
During the afternoon, press from all over the world discovered the new feminine fragrance Sì Le Parfum , set to launch in most countries this September.
Giorgio Armani says: “Sì is my tribute to modern femininity – an irresistible combination of grace, strength and independence of spirit.”
To celebrate the first edition of the Sì Women’s Circle – a virtual project created by Giorgio Armani to give a voice to today’s women – the event was attended by three of the five women who have told their stories as part of this initiative. The women featured in the five videos made for the Sì Women’s Circle project have one thing in common: they have all had the courage to say yes – or ‘sì’ – to themselves and to their dreams and passions.
Cate Blanchett, for the cocktail chose to wear a powder pink Giorgio Armani sleeveless dress, while for the press presentation during the day, she wore a Giorgio Armani New Normal grey suit.
Roberta Armani, for the cocktail wore a Giorgio Armani black jacket with blue details, silk trousers and embroidered top.
Charlotte Ranson, ballet dancer at the Opéra de Paris and part of the Sì Women’s Circle, chose to wear a Giorgio Armani blue dress for the cocktail, while for the press presentation during the day, she wore a Giorgio Armani New Normal silk top with pleated trousers.
Kee Yoon Kim, actress on stage in Paris and part of the Sì Women’s Circle, chose to wear Giorgio Armanitrousers combined with a silk embroidered top for the cocktail, while for the press presentation during the day, she wore a Giorgio Armani New Normal double breasted jacket with shirt and trousers.
Cecile Schmollgruber, 3D pioneer in San Francisco and part of the Sì Women’s Circle, chose to wear Giorgio Armani black trousers and a white jacket with a contrasting black graphic pattern for the cocktail, while for the press presentation during the day, she wore a Giorgio Armani New Normal white silk shirt with black trousers.
G2A.COM Limited Wins Outstanding Fast-Growth Business at the Global Business Excellence Awards 2016
RZESZOW, Poland, LONDON and HONG KONG /PRNewswire/ — G2A.COM won the Outstanding Fast-Growth Business at the Global Business Excellence Awards 2016 in London.
(Photo: http://photos.prnewswire.com/prnh/20160524/371610)
G2A.COM is a multi-award winning company and the world’s fastest growing digital gaming marketplace developed by professionals in diverse fields including gaming, management, finance, IT, public relations and marketing expertise. G2A won the Outstanding Fast-Growth Business at the Global Business Excellence Awards in London, UK in April 2016. Every day G2A works hard to create an outstanding digital marketplace for video game enthusiasts http://www.g2a.com.
Commenting on G2A.COM as a winner in the Outstanding Fast-Growth Business category, the chairman of the judges of the Global Excellence Awards said: “By focusing on online security for payments and great customer service, digital gaming marketplace G2A.COM, only launched in December 2010, is experiencing supersonic growth. It offers more than 30,000 digital gaming products, which has attracted a staggering 10 million customers globally. On top of this, thousands of new customers are welcomed every month. G2A has more than 67 million organic search, desktop hits (Similarweb Search Marketing Benchmark Report 2015). Growth doesn‘t get much faster than this. It just shows that if you invest in the right places and understand your customer, digital businesses can go global almost overnight.” http://www.gbeawards.com
Upon hearing about the award, Bartosz Skwarczek, Co-founder/CEO of G2A.COM said: “We are humbled that our everyday work in developing G2A Shield and G2A Pay and more than 100 international payment methods, was noticed and judged by an international judging panel. It‘s an honour to be the winner of this award and it‘s a motivation for our teams. Happy customers created G2A.COM.“ https://pay.g2a.com/
The Global Business Excellence Awards has a large panel of independent expert judges who select winners according to strict criteria for each category and sector; focussing on financial results, innovation, customer, employee, investor and community benefits. It is a serious competitive process with an international impact.
Jacqueline Purcell, Head of Global Public Relations at G2A said: “The Global Business Excellence Awards are one of the world‘s highest profile awards and winning this accolade speaks volumes about the quality of G2A‘s work. Due to their high profile, the Awards attract a wide range of entries from across the world, from large International PLCs and public sector organizations to dynamic and innovative SMEs.“ She added: “All the winners have one thing in common – they are truly outstanding at what they do and G2A.COM have proved this by winning this impressive Global Business Excellence Award for the Outstanding Fast-Growth Business in 2016.”
Visit:
http://www.facebook.com/G2Acom
Author: Jacqueline Purcell – jpurcell@G2A.com
Sasol Commences Drilling of Mozambique PSA Licence
JOHANNESBURG /PRNewswire/ — Today, Sasol’s field development plan (FDP) for the Production Sharing Agreement (PSA) licence in Inhambane province, Mozambique, reached an important milestone with the commencement of the drilling of the first well.
Adjacent to its current producing Petroleum Production Agreement licence, the PSA development is an integrated oil, Liquefied Petroleum Gas (LPG) and gas project.
The spud marks the beginning of the drilling campaign, which is part of the first phase of the FDP; the delineation and initial development of the Temane G8, Temane East, Inhassoro G6 and Inhassoro G10 reservoirs. Thirteen production wells will be drilled (including a water disposal well) during this initial phase, while oil and LPG production facilities will be installed close to the existing Central Processing Facility (CPF). A 5th gas processing train will be installed at the CPF to process the additional gas.
“The spud of the first well in the PSA licence area reaffirms Mozambique as the heartland of Sasol’s oil and gas strategy in sub-Saharan Africa and provides a platform from which to drive socio-economic growth,” said John Sichinga, Senior Vice President, Sasol Exploration and Production International.
Mozambique’s Council of Ministers approved the PSA FDP in January this year. Shortly thereafter, Sasol commissioned a drilling rig from French-based drilling contractor Société de Maintenance Pétrolière which arrived inMaputo port on 19 March.
The phased development plan envisages the development of further hydrocarbon resources that will help to drive the growth of both Mozambique and Southern Africa.
This first phase of the PSA Development is anticipated to cost approximately US$1,4 billion.
Phase 1 development represents the optimal development of four of the PSA geological layers in a safe and sustainable manner to the benefit of all stakeholders. The utilisation of existing infrastructure in the area enables the safe and efficient use of resources, while the development in tranches of the complex reservoirs is a prudent approach for timely de-risking of subsurface resources and maximisation of overall project value.
Forward-looking statements: Sasol may, in this document, make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return and cost reductions. Words such as “believe”, “anticipate”, “expect”, “intend”, “seek”, “will”, “plan”, “could”, “may”, “endeavour” and “project” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report under the Securities Exchange Act of 1934 on Form 20-F filed on 09 October 2015 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.
About Sasol:
Sasol is an international integrated chemicals and energy company that leverages technologies and expertise of our 30 400 people working in 36 countries. We develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product streams, including liquid fuels, chemicals and low-carbon electricity.
Issued by:
Alex Anderson, Head of Group Media Relations
Direct telephone: +27(0)11-441-3295; Mobile +27(0)71-600-9605;
alex.anderson@sasol.com
Matebello Motloung, Specialist: Media Relations
Direct telephone: +27(0)11-441-3252, Mobile: +27(0)83-773-9457
matebello.motloung@sasol.com
Grupo Carso And Artist Romero Britto Announce Licensing Partnership
MIAMI /PRNewswire/ — Grupo Carso and Romero Britto announce a licensing partnership to sell exclusive Britto products throughout Mexico and Latin America via Grupo Carso, Carlos Slim’s conglomerate of retail stores. Slim, philanthropist and longstanding patron of the arts, and Britto, the internationally acclaimed artist, will bring their shared passion for art to the masses through consumer products.
Photo – http://photos.prnewswire.com/prnh/20160525/372242
“My vision has always been to make art accessible to all people around the world. It is a true honor to work with Carlos and his companies, retail industry leaders in Mexico and Latin America.”
The collaboration represents a multi-category licensing deal to develop apparel, footwear, handbags, accessories, and home decor to name a few. Merchandise will be distributed through Grupo Carso via Sears Apparel retail stores, Sanborns, Saks Fifth Avenue Mexico, Telmex, Telcel, DAX, Philosophy Jr. Studio, Museo Soumaya and Claro-Shop. Britto is thrilled to join forces with these globally recognized brands.
Britto’s licensing program has aligned with numerous major corporations and internationally recognized brands, such as Walt Disney, Coca-Cola, Mattel, Hublot and Bentley, further expanding distribution to worldwide retail partners. This partnership marks another milestone for the artist’s global expansion plans, having announced earlier this year his move to two new storefronts on South Beach’s famous Lincoln Road mall slated to open in Summer 2016.
Britto has enjoyed a strong relationship with his Mexican collectors and fans throughout his career. His work can be found throughout the country at numerous art galleries with whom he has partnered. In 2011 Goli, Britto’s monumental sculpture covered in 290,000 glass mosaic tiles, was unveiled at Hall de Fama de Futbol. In 2013,Maria Elena and Carlos Slim Domit hosted a 50th birthday celebration for the Artist at Carlos Slim’s beloved Museo Soumaya. The event included a special showcase of over 20 original paintings and mixed media sculptures making Britto the first living artist to exhibit at the museum.
A press conference is scheduled for Wednesday, May 25th, 2016 at Museuo Soumaya. Fans will have the opportunity to meet the artist and get his autograph on Wednesday, May 25th at 6pm at Sears Plaza Tlalne Fashion Mall. The official announcement will be held on E Entertainment, Sony Picture Television Channel —Latin America’sshow ‘Cuídate de la Cámara’ hosted by famous TV personality and fashion sensation Edy Smol beginning onMonday, June 13th, 2016 where Britto will be the guest of honor.
ABOUT ROMERO BRITTO
Brazilian-born and Miami-made, Romero Britto is an international artist that uses vibrant, bold and colorful patterns to reflect his optimistic view of the world around him. Britto has created a visual language of hope and happiness all its own that is relatable to all, inspiring millions. Self-taught at an early age, Britto painted on scraps of paper or cardboard or any medium he could find before coming into his own and traveling to Paris where he was introduced to the works of Matisse and Picasso. His appreciation of these masters influenced him to create an iconic style that The New York Times described, “exudes warmth, optimism and love.”
Britto’s work has been exhibited in galleries and museums in over 100 countries, including the Salon de la Société Nationale des Beaux Arts exhibition at the Carrousel du Louvre in 2008 and 2010. In 2013, Maria Elena and Carlos Slim Domit invited Romero to be the first living artist to exhibit at Museo Soumaya. He has created public art installations for the 02 Dome in Berlin, New York’s John F. Kennedy Airport, Cirque Du Soleil at Super Bowl XLI, and has been credited with the largest monumental sculpture in London’s Hyde Park history. Britto served as an official artist for the 2010 World Cup, Ambassador to the 2014 FIFA World Cup Brazil and was recently invited to be an honorary torch bearer for the Rio 2016 Olympic Games. Britto’s pop sensibility has since leant itself to many collaborations with international brands such as Audi, Bentley, Coca-Cola, Walt Disney, Evian, Hublot, and Mattel to name a few.
Romero is an activist for charitable organizations worldwide and most of all an artist who believes “art is too important not to share.” Britto has donated time, art, and resources to more than 250 charitable organizations. Not a silent activist, Britto was a selected speaker for the arts at the World Economic Forum in Switzerland. In addition,Romero Britto is proudly an Inaugural Founding Benefactor of the Harvard International Negotiation Program. He holds a seat on several boards such as Best Buddies International, and St. Jude’s Children’s Research Hospital, and was recently appointed to the board of HRH The Prince of Wales charity, The Prince’s Trust. A believer in the role of an artist as an agent of positive change, Romero Britto is committed to developing and supporting the role art will continue to play in world issues.
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MEDIA CONTACT USA |
MEDIA CONTACT LATIN AMERICA |
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Nicole Bostick |
Evelyn García |
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Britto Central, Inc. |
Sears Operadora México |
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786.334.6005 |
52.55.5325.9396 |
Singapore-Based Financier Help SMEs Grow their Business by Extending Alternative Financing Solutions
SINGAPORE /PRNewswire/ — EFA Group is a Singapore-based firm providing financing solutions across the capital structure to small and medium-sized enterprises (SMEs) in the real economy. To create awareness of its lending solutions, EFA Group has launched a dedicated website to provide better access for companies looking for alternative capital solutions. The site, www.efa-fs.net, hosts useful resources such as white papers, blog posts and information on the various lending solutions available to SMEs.
Established in 2003, EFA currently provides around US$1.5 billion of short-term, trade finance loans to over 100 global mid-market companies annually. Of these loans 30% are made to Singaporean firms.
According to the SME Growth and Financing Survey 2016 conducted by the Singapore Business Federation and Standard Chartered Bank, the SMEs surveyed cited that overseas business activities will drive their growth but at the same time they are seeking to overcome challenges in meeting their regional financing needs. Recognizing these concerns facing businesses, EFA believes it can step in as an alternative provider of capital to complement the firms’ existing banking lines.
To meet the rising demand for financing from businesses, the Group is beefing up its supply chain finance and receivables finance components, which have always been an extension of its trade finance solutions. The Group’s suite of financing solutions provides loans from US$500,000 to up to US$20 million and also include longer term loans such as asset-based finance and acquisition finance.
“We’ve always been dedicated to serving real economy businesses, particularly those in the SME market. Our corporate mission complements the latest Singapore Government’s initiatives to help SMEs that wish to grow their business or overcome cash flow issues. We have the expertise and infrastructure to provide capital to the companies that need it most, be it short-term financing needs, or longer term loans to expand overseas or acquire new assets,” said CEO of EFA Group, Francois Dotta.
“Our flexible structuring approach, speed and ability to do smaller deals make us an attractive alternative financing option for the companies,” he added.
About EFA Group
EFA Group provides financing solutions to small and medium-sized enterprises (SMEs) in Asia, Middle East,Europe and Africa. With a deep understanding and close working ties with its borrowers, EFA is able to finance and fuel their growth. The Group is regulated by the Monetary Authority of Singapore and holds a Capital Markets License under EuroFin Investments Pte Ltd. Established in 2003 in Singapore, the Group has since expanded in size and capabilities, and now employs over 50 personnel between its offices in Singapore, Geneva, Dubai,London and Istanbul.
Contact
Siti Rasiqah
Head of Communications
+65-6513-9215
E: siti.rasiqah@efa-group.net
W: www.efa-fs.net
Bersin by Deloitte: High-Impact Talent Management in China Should Focus on Creating Fair and Inclusive Performance Management Practices
Organizations should develop a culture of learning and leadership, diversity and inclusion in talent practices to help improve employee engagement and financial results
OAKLAND, Calif. /PRNewswire/ — Organizations in China should focus on creating fair and inclusive performance management practices to compete effectively for the talent they will need as they move from simple production to higher-end, value-added services, according to new research from Bersin by Deloitte, Deloitte Consulting LLP. The research also shows such organizations are more likely to realize business and talent outcomes such as meeting or exceeding financial targets, identifying and developing leaders, and higher levels of agility, innovation and efficiency. Summarized in a WhatWorks® Brief, the research findings appear in “High-Impact Talent Management: Talent Management Maturity in China.” A separate report, “Talent Management in China: Focus on Fairness and Performance Management,” provides a process on how organizations in China can strengthen their talent management strategy and practices.
Logo – http://photos.prnewswire.com/prnh/20130122/NY45906LOGO
The findings identified the talent practices that are used most effectively by organizations with strong business and talent outcomes that are operating in China or are part of the Global 2000. Global 2000 organizations are defined as the 454 companies in the Bersin by Deloitte survey population with more than US$750 million in annual revenue. The research also included 235 Chinese organizations with more than 100 employees. The research found that 29 percent of all the organizations surveyed globally have mature talent strategies and processes in place versus just 8 percent of surveyed organizations in China. Bersin by Deloitte defines high-maturity organizations as those having clear talent strategies that align to the business strategy, and that have a visible culture of leadership and learning, a deep understanding of and dialogue with talent and practices that embrace diversity and inclusion.
“Despite China’s large population, there is a relatively small pool of talent that can meet Chinese companies’ talent needs as these organizations move to a knowledge-based economy, especially at the mid-level and senior management levels,” said Stacia Sherman Garr, vice president, talent and HR research, Bersin by Deloitte, Deloitte Consulting LLP. “Demand has spiked as multi-national companies, Chinese companies, and state-owned enterprises all compete for the same talent. To help meet demand, Chinese organizations should begin by strengthening their focus on fairness in all talent management policies and activities.”
A starting point could be to increase the procedural fairness of the performance appraisal process by standardizing it and making it more transparent. “The lack of clarity can impact the retention of younger employees and especially women,” Garr said.
The research also shows that just 1 percent of Chinese organizations are at the lowest level of maturity, while 91 percent of organizations fall within Level 2 of the Bersin by Deloitte Talent Management Maturity Model. This likely indicates talent management in China is both gaining momentum and focusing on critical talent growth initiatives.
Based on its research, Bersin by Deloitte found that organizations operating in China should:
- Increase fairness and transparency. By implementing fair performance management practices and making those practices more explicit, Chinese organizations are more likely to have strong business and talent outcomes. For example, the research found that high-maturity organizations are 1.2 times more likely to meet or exceed financial targets.
- Encourage employees and managers to set and frequently discuss goals together. Currently, just 15 percent of Chinese organizations have managers and direct reports review goal progress together, compared to 41 percent of G2000 organizations, though this is critical to high employee performance. Chinese organizations may want to employ a participative goal setting process where employees and managers set goals together. Further, encouraging much more frequent dialogue about goals may encourage sharing of information between managers and direct reports so there are fewer, if any, negative surprises for managers.
- Look for alternatives other than high compensation to attract and retain talent with requisite skills. Creating a well-developed, integrated talent strategy, where, for example leadership, learning and diversity and inclusion practices are tightly integrated, enables organizations to design a compelling employee experience for critical talent segments, such as women and millennials.
- Build a strong and relevant culture of leadership and learning. Chinese organizations increasingly need employees who go beyond execution to understand unique situations, respond appropriately and learn from successes and failures. A culture of leadership and learning helps create a safe environment for employees to do this. Currently, about a third of Chinese organizations provide a culture of leadership and learning, compared to nearly half of G2000 organizations.
- Understand and respond to employees in real time. Organizations need to develop a deep and ongoing understanding of their employees’ needs and be prepared to respond to those needs quickly. Critically, managers need to respond to employees’ needs so employees believe they are heard. Overall, 37 percent of G2000 organizations excel at understanding and responding to employees, versus 26 percent of Chinese companies.
- Focus on diversity and inclusion practices – particularly for women and millennials. All organizations should address this issue because effectiveness in this area is highly predictive of positive business outcomes. Overall, 17 percent of G2000 organizations and 19 percent of Chinese companies have embedded diversity and inclusion in talent practices such as hiring and developing leaders.
Given these findings, Bersin by Deloitte’s related report, “Talent Management in China: Focus on Fairness and Performance Management,” identifies a three-step process leaders should consider for improving talent management maturity. This process calls for organizations at lower levels of maturity to:
- Strengthen foundational talent management practices. For example, analyze the organization’s structure to ensure it aligns to business needs and that the decision-making process is clear. Enhance the organization’s talent sourcing and selection capabilities, if they are not currently highly effective.
- Develop a talent strategy that aligns to business needs. To do this, leaders should determine the talent behaviors and outcomes necessary to achieve business goals, and then identify the critical employees needed to achieve those outcomes. They should then design a targeted talent strategy to attract, engage and develop those critical employees. Chinese organizations in particular may benefit from investing in workforce planning and talent analytics and using the data both to make strategy decisions and make the strategy easier to explain to those not involved in the immediate decision-making process.
- Invest in critical differentiating talent management practices. For example, provide resources and opportunities to employees that enable them to develop a “conversation” with the organization. This could include resources such as real-time feedback systems (e.g. pulse surveys, recognition systems), or an integrated career management/talent acquisition system that captures information on employees’ skills and suggests new job opportunities.
Those interested in learning more about Bersin by Deloitte or its WhatWorks® membership may email info@bersin.com or call +1 510 251 4400.
About Bersin by Deloitte
Bersin by Deloitte delivers research-based people strategies designed to help leaders and their organizations in their efforts to deliver exceptional business performance. Our WhatWorks® membership gives Fortune 1000 and Global 2000 HR professionals the information and tools they need to design and implement leading practice solutions, benchmark against others, develop their staff, and select and implement systems. A piece of Bersin by Deloitte research is downloaded on average approximately every minute during the business day. More than 5,000 organizations worldwide use our research and consulting to guide their HR, talent and learning strategies. For more information, please visit http://www.bersin.com.
As used in this document, “Deloitte” means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see http://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
TRACE Launches First Global Beneficial Ownership Registry
ANNAPOLIS, Md. /PRNewswire/ — TRACE International, a worldwide leader in advancing commercial transparency and raising anti-bribery compliance standards, today launched TRACEpublic, the first global registry of beneficial ownership. Developed in direct response to the risks inherent in secret company ownership, TRACEpublic enables companies to voluntarily and publicly provide their ownership information as a means to enhance corporate transparency and facilitate meaningful due diligence. Although identifying the beneficial owners of third party intermediaries, joint venture partners, distributers, suppliers and agents is a basic due diligence requirement, in most countries this information cannot be easily obtained. Calls for greater transparency and full disclosure underscore the need for a global registry of beneficial ownership.
“TRACE has been collecting beneficial ownership information as part of our due diligence process for 15 years,” said Alexandra Wrage, president and founder of TRACE International. “We realized we needed to provide companies with a way to make this information available to the public, if they chose to. While some countries are establishing their own national registries or advocating for their development, TRACEpublic is the only global registry and allows companies to voluntarily distance themselves from the reputational stigma of secret companies. It also provides multinational companies with a starting point for due diligence.”
TRACEpublic is a well-timed solution to the current groundswell of concern that companies often do not identify and document 100% of all beneficial owners for their third parties to determine potential legal and reputational risks. The registry is designed to collect and make publicly available the beneficial ownership data of thousands of companies around the globe. Companies may list their beneficial ownership or search the database at no cost. Users need only the name of a company or one owner to conduct a search.
A beneficial owner is any individual or entity that enjoys the benefits of owning an asset, regardless of whose name the title of the business, property or security is in. Hiding, disguising and misrepresenting companies’ beneficial ownership structures is a standard practice of companies that engage in illegal business activities, including bribery, tax evasion, embezzlement and money laundering. Increasingly governments around the world – includingthe United States, United Kingdom and Denmark – are requiring companies to disclose beneficial owners at the time of incorporation and restricting the use of anonymous companies. TRACEpublic provides companies with a platform to voluntarily share their beneficial ownership information regardless of country of headquarters. The information displayed includes: legal name of entity, common name if different, company website, type of entity, city, country of headquarters, ownership information including percentages and the date ownership information was last updated. Companies are required to provide 100% of beneficial ownership.
Companies that conduct or contemplate conducting business with a private company, partnership or sole proprietorship can initiate due diligence on participating business entities after identifying these entities’ beneficial owners on TRACEpublic.
For more information about TRACEpublic or to register a business, go to https://tpms.traceinternational.org/TRACEpublic.
About TRACE
TRACE International and TRACE Incorporated are two distinct entities with a common mission to advance commercial transparency worldwide by supporting the compliance efforts of multinational companies and their third party intermediaries. TRACE International is a non-profit business association that pools resources to provide members with anti-bribery compliance support while TRACE Incorporated offers both members and non-members customizable risk-based due diligence, anti-bribery training and advisory services. Working alongside one another, TRACE International and TRACE Incorporated offer an end-to-end, cost-effective and innovative solution for anti-bribery and third party compliance. For more information, visit www.TRACEinternational.org.
Terumo BCT Congratulates Innovative Clinicians with the 2015 Advancing Apheresis Award; Applications Open for 2016
LAKEWOOD, Colorado /PRNewswire/ — Terumo BCT, a global medical device manufacturing company, is pleased to announce Rajendra Chaudhary, MD, Head of the Transfusion Medicine Department at the Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGIMS), Lucknow, India, as the 2015 winner of theAdvancing Apheresis Award. The award includes a $10,000 USD grant for clinicians, physicians and operators who are leaders in the practice of therapeutic apheresis and cell collections.
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Applications for the 2016 Advancing Apheresis Award: Solving Venous Access Challenges are now being accepted from apheresis innovators globally. Applications are due by 30 September 2016. Click here to learn more and submit your application.
“Many thanks to Terumo BCT and the grant committee for the 2015 Advancing Apheresis Award,” said Dr. Chaudhary. “The grant provides essential resources to promote apheresis medicine and blood donations and is an example of how contributions to the health care community can accelerate important initiatives.”
Dr. Chaudhary’s project was chosen by an independent committee of top apheresis physicians from around the world and will focus on the creation of a platelet donor registry and the promotion of apheresis through telemedicine. SGPGIMS is a top-tier medical center and the first in India to perform therapeutic plasma exchange.
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The 2015 Grant Committee included the following physicians: |
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KIemens Budde, MD |
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Head of Clinical Transplant, Department of Nephrology, Charite University, Germany |
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Zbigniew Szczepiorkowski, MD, PhD |
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Director, Transfusion Medicine Service & Cellular Therapy Center, Dartmouth-Hitchcock Medical Center; Past President, American Society for Apheresis (ASFA); Lead Contributor to 2010 ASFA Guidelines (U.S.) |
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ZiYi Lim, MBChB, MRCP, FRCPath |
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Senior Consultant, Haematology, Parkway Cancer Center, Singapore |
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Giorgio Baldanzi, MD |
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Medical Director, HEMOBANCO, Brazil |
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For more information, please visit www.terumobct.com/advancingapheresis/ or emailadvancingapheresis@terumobct.com.
About Terumo BCT
Terumo BCT, a global leader in blood component, therapeutic apheresis and cellular technologies, is the only company with the unique combination of apheresis collections, manual and automated whole blood processing, and pathogen reduction technologies. We believe in the potential of blood to do even more for patients than it does today. This belief inspires our innovation and strengthens our collaboration with customers.
Media Contact
Sherri Hughes-Smith
Phone: +1.303.542.5113
press@terumobct.com
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