Cricket legend Kapil Dev on Monday announced the launch of a new annual golf tournament, in association with the Professional Golf Tour of India (PGTI) and Grant Thornton.The tournament, called the Kapil Dev-Grant Thornton Invitational, will .
Confederation of Indian Industries (CII), Assocham, and Finance Industry Development Council (FIDC) have all written to the central bank about the problems companies would face in implementing the proposed regulations for appointment of statutory auditors.
Solving the leadership puzzle
Last Updated: Apr 09, 2021, 12:26 PM IST
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Synopsis
Is a founder the best person to lead a startup or is it a job cut out for a professional CEO? We try to find out
ET Spotlight
It’s the dream of every entrepreneur to become a Bill Gates, a Warren Buffet or a Larry Page, each of whom founded a company, led it for many years and then stepped down to make way for an outside CEO. However, successful CEO-cum-founders are a rare breed. According to a study by World Management Survey, companies that are led by their founders are 9.4 per cent less productive with consistently low management scores. Both of these factors typically increase when the founder-CEO is replaced.
These include the introduction of an unlimited leaves policy - as opposed to a predetermined number of paid leaves, the option to work from anywhere, and optimised and collaborative workspaces.
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