Saturday, December 27, 2014

8 Qualities That Make Great Bosses Unforgettable



LinkedIn Influencer, Jeff Haden, published this post originally on LinkedIn.

I remember all of my bosses. Some were bad. Most were good.

But only one was, in the best possible way, truly memorable.

Unforgettable bosses possess qualities that may not show up on paper but always show up where it matters most -- in the minds and even hearts of the people they lead.

Here are some of the qualities of truly unforgettable bosses:

1. They believe the unbelievable.

Most people try to achieve the achievable; that’s why most goals and targets are incremental rather than inconceivable.

Memorable bosses expect more -- from themselves and from others. Then they show you how to get there. And they bring you along for what turns out to be an unbelievable ride.

2. They see opportunity in instability and uncertainty.

Unexpected problems, unforeseen roadblocks, major crises... most bosses take down the sails, batten the hatches, and hope to wait out the storm.

A few see a crisis as an opportunity. They know it’s extremely difficult to make major changes, even necessary ones, when things are going relatively smoothly.

They know reorganizing an entire sales team is accepted more easily when a major customer goes under. They know creating new sales channels is a lot easier when a major competitor enters the market. They know reorganizing manufacturing operations is a lot easier when the flow of supplies and components gets disrupted.

Memorable bosses see instability and uncertainty not as a barrier but as an enabler. They reorganize, reshape, and re-engineer to reassure, motivate, and inspire -- and in the process make the organization much stronger.

3. They wear their emotions on their sleeves.

Good bosses are professional.

Memorable bosses are highly professional and yet also openly human. They show sincere excitement when things go well. They show sincere appreciation for hard work and extra effort. They show sincere disappointment -- not in others, but in themselves. They celebrate, they empathize, they worry. Sometimes they even get frustrated or angry.

In short, they’re human. And, unlike many bosses, they act as if they know it.

Professionalism is admirable. Professionalism -- with a healthy blend of humanity -- is inspiring.

4. They protect others from the bus.

Terrible bosses throw their employees under the bus.

Good bosses never throw their employees under the bus.

Memorable bosses see the bus coming and pull their employees out of the way often without the employee knowing until much, much later... if ever, because memorable bosses never try to take credit.

And if they can't, they take the hit. (And later speak privately to the employee in question.)

5. They’ve been there, done that... and still do that.

Dues aren't paid, past tense. Dues get paid each and every day. The true measure of value is the tangible contribution we make on a daily basis.

That’s why no matter what they may have accomplished in the past, memorable bosses are never too good to roll up their sleeves, get dirty, and do the “grunt” work. No job is ever too menial, no task ever too unskilled or boring.

Memorable bosses never feel entitled, which means no one feels entitled to anything but the fruits of their labor.

6. They lead by permission, not authority.

Every boss has a title. That title gives them the right to direct others, to make decisions, to organize and instruct and discipline.

Memorable bosses lead because their employees want them to lead. Their employees are motivated and inspired by the person, not the title.

Through their words and actions they cause employees feel they work with, not for, a boss. Many bosses don’t even recognize there’s a difference... but memorable bosses do.

7. They embrace a larger purpose.

A good boss works to achieve company goals.

A memorable boss also works to achieve company goals -- and achieves more than other bosses -- but also works to serve a larger purpose: to advance the careers of employees, to rescue struggling employees, to instill a sense of pride and self-worth in others. They aren’t just remembered for nuts and bolts achievements but for helping others on a personal and individual level.

Memorable bosses embrace a larger purpose, because they know business is always personal.

8. They take real, not fake risks.
Many bosses, like many people, try to stand out in some superficial way. Maybe through their clothes, their interests, or a public display of support for a popular initiative. They do stand out but they stand out for reasons of sizzle, not steak.

Memorable bosses stand out because they are willing to take an unpopular stand, take an unpopular step, accept the discomfort of ignoring the status quo, and risk sailing uncharted waters.


They take real risks not for the sake of risk but for the sake of the reward they believe possible. And by their example they inspire others to take risks in order to achieve what they believe is possible.

In short, memorable bosses inspire others to achieve their dreams: by words, by actions, and most importantly, by example.

Sunday, December 7, 2014

US brand Tommy Hilfiger sets up shop to dress Sri Lanka

Tommy Hilfiger, owned by US-listed PVH Group and one of world famous designer brands, entered Sri Lanka last week, setting up shop at Arcade Independence Square.
Tommy Hilfiger fan and Bollywood star Jacqueline Fernandez being welcomed by Tommy Hilfiger Arvind Managing Director and CEO Shailesh Chaturvedi whilst Softlogic Holdings Plc Chairman and Managing Director Ashok Pathirage looks on

Sri Lanka joins the expanding global network of over 1,400 Tommy Hilfiger stores in over 90 countries worldwide. PVH Corp. is one of the world’s largest apparel companies and owns and markets the iconic Calvin Klein and Tommy Hilfiger brands worldwide. It is the world’s largest shirt and neckwear company.
The Tommy Hilfiger Group’s entry into Sri Lanka is via its joint venture with India’s Arvind Ltd., and in partnership with Softlogic Holdings Plc.
The opening of the Colombo store was attended by special guest, actress Jacqueline Fernandez, who wore a dress from the Hilfiger Collection. Celebrities, press, VIPs and friends of the brand were also present at the launch.
The opening was attended by special guest, actress Jacqueline Fernandez (centre), who wore a dress from the Hilfiger Collection 
– Pix by Daminda Harsha Perera

“I’m excited to be in Colombo to celebrate the opening of the first Tommy Hilfiger store in the city,” said Fernandez. “I am a long-time fan of the brand and this store showcases Tommy Hilfiger’s latest collections in a beautiful and welcoming shopping environment. Tommy’s versatile designs and signature preppy twist are the epitome of ‘classic American cool’ style.”
At the event, guests were invited to browse the new Tommy Hilfiger Fall/Winter 2014 men’s and women’s sportswear, footwear and accessories collections, which celebrate a blend of Tommy Hilfiger’s signature all-American heritage and British sartorial style.
The store has a wide selection of menswear, womenswear, footwear and accessories.
With a premium lifestyle brand portfolio that includes Tommy Hilfiger and Hilfiger Denim, the Tommy Hilfiger Group is one of the world’s most recognised designer apparel groups. Its focus is designing and marketing high-quality menswear, womenswear, children’s apparel and denim collections.
Through select licensees, the Group offers complementary lifestyle products such as sportswear for men, women, juniors and children; footwear; athletic apparel (golf, swim and sailing); bodywear (underwear, robes and sleepwear); eyewear; sunwear; watches; handbags; men’s tailored clothing; men’s dress furnishings; socks; small leather goods; fragrances; home and bedding products; bathroom accessories; and luggage.
The Hilfiger Denim product line consists of jeanswear and footwear for men, women and children; bags; accessories; eyewear and fragrance. Merchandise under the Tommy Hilfiger brands is available to consumers worldwide through an extensive network of Tommy Hilfiger retail stores, leading specialty and department stores and other select retailers and retail channels.
The Tommy Hilfiger Group operates in India and Sri Lanka through a joint venture with Arvind Ltd. The joint venture markets and sells the Tommy Hilfiger apparel, handbag and footwear collections in India and Sri Lanka. It also manages the license and franchise agreements with third parties for the use of the Tommy Hilfiger trademarks in connection with retail stores and product categories including watches, home goods, travel gear, eyewear, underwear and small leather goods. Tommy Hilfiger-branded products are distributed in India through a network of more than 180 freestanding stores and shop-in-shops in 51 cities.
PVH Corp., one of the world’s largest apparel companies, owns and markets the iconic Calvin Klein and Tommy Hilfiger brands worldwide. It is the world’s largest shirt and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, Tommy Hilfiger, IZOD, ARROW, Warner’s and Olga, and its licensed brands, including Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Sean John, Chaps, Donald J. Trump Signature Collection, DKNY, Ike Behar and John Varvatos.

Wednesday, December 3, 2014

Foreign buying fuels rebound; net inflow now at Rs. 21.5 b

Bullish sentiments from foreign investors saw the Colombo stock market bounce back yesterday thereby boosting the net inflow to an impressive Rs. 21.5 billion while when TPG Capital acquisition of Union Bank stake is factored in, the net figure is Rs. 33 billion.
Lanka Securities said foreign investors closed as net buyers for the 20th consecutive session with a net inflow of Rs. 666 million. Foreign participation was 31%. Net foreign inflows were seen in counters such as John Keells Holdings (Rs. 380 m), Access Engineering (Rs. 220 m), Commercial Bank (Rs. 19 m), Tokyo Cement (Rs. 15 m) and Hemas Holdings (Rs. 14 m). NDB Securities said foreign activity accounted for 58% of yesterday’s turnover of Rs. 1.2 billion.
Reuters citing CSE data said year to date net foreign inflows were now at Rs. 21.56 billion. Brokers noted that if Rs. 11.4 billion foreign investment in to Union Bank’s private placement for 68% stake in September, the net inflows figure amounts to Rs. 32.9 billion.
Asia Securities said the Bourse continues to remain attractive to foreign investors with Rs. 665.2 m inflow while local investors were active locking in profits.
The main index rebounded on thin trade with market volume and turnover being recorded below the 12-month average.
Core index bagged 43.85 index points or 0.61% to end at 7,274.43 while 20-scrip S&P SL index advanced by 41.79 index points or 1.04% to close at 4,066.92. Positive price increases in counters such as John Keells Holdings (closed at Rs. 253.60, +3.0%), Dialog Axiata (closed at Rs. 13.10, +2.3%) and Sri Lanka Telecom (closed at Rs. 48.00, +1.5%) contributed favorably to the index performance.
Subsequent to the announcement of interim dividend, Chevron Lubricants counter reached to Rs. 360.10 and closed at Rs. 360.00 (+2.9%).
John Keells Holdings emerged as the top contributor to the turnover with Rs. 481 m underpinned by several crossings of 1.1 m shares at Rs. 254-255. Access Engineering and Sanasa Development Bank were among the next best contributors to the turnover with Rs. 236 m and Rs. 41 m respectively.
Penny stocks such as Lanka Cement, Sierra Cables and Central Investments and Finance attracted heavy investor preference during the day.
NDB Securities said high net worth and institutional participation was witnessed in John Keells Holdings and Access Engineering as parcel trades. Mixed interested was observed in Sanasa Development Bank, Union Bank and Sierra Cables. Furthermore, retail interest was noted in Lanka Cement, The Finance Company and Central Investments & Finance.
Reuters said Sri Lankan stocks ended firmer on Wednesday with investors picking up select blue-chips like John Keells Holdings Plc and foreign investors and some local institutions buying into risky assets.
However, investors were still cautious due to political uncertainty ahead of the 8 January presidential poll, analysts said.
“John Keells led the market. We have seen some foreign activities. Local institutions and some state funds were also looking to buy,” said a stockbroker asking not to be named. Analysts expect volatility to continue and the overall index to be flat until the elections.
Nine loyalists from Rajapaksa’s United People’s Freedom Alliance, including Health Minister Maithripala Sirisena, have defected since the president announced a snap poll on 20 November Sirisena is contesting against Rajapaksa as the consensus candidate of a united opposition.
Speculation that more loyalists would defect in coming days and likely violence ahead of polling also weighed on sentiment, analysts said according to Reuters.

Colombo City Centre construction begins with $ 150 m investment

  • Lifestyle retail mall, a 200-room NEXT Hotel and 180 residential units in mega complex by Abans Group and SilverNeedle Hospitality of Singapore
Defence and Urban Development Secretary Gotabaya Rajapaksa (left), Colombo City Centre Partners Chairman and SilverNeedle Hospitality MD and Group CEO Iqbal Jumabhoy, Abans Group Chairperson Aban Pestonjee and Abans Director Rusi Pestonjee at the groundbreaking ceremony of the Colombo City Centre yesterday – Pic by Sameera Wijesinghe
By Sarah Hannan
Secretary to the Ministry of Defence and Urban Development Authority, Gotabaya Rajapaksa, laid the foundation stone for the Colombo City Centre (CCC) yesterday at Sir James Pieris Mawatha, Colombo 02, officially marking the commencement of construction.
A joint venture between the Abans Group and SilverNeedle Hospitality of Singapore, Colombo City Centre Partners Ltd. will engage internationally-renowned partners to complete this landmark at the heart of Colombo.
The multipurpose lifestyle centre is scheduled for completion in early 2018 with a $ 150-million investment and consists of a lifestyle retail mall, a 200-room NEXT Hotel and 180 residential units.
Colombo City Centre Partners Ltd. Chairman and SilverNeedle Hospitality MD and Group CEO Iqbal Jumabhoy stated that the dream of redefining Colombo’s skyline became a reality.
Elaborating on the time taken between the official announcement and the groundbreaking and foundation-laying ceremony held yesterday Jumabhoy noted: “Before we got to this stage of breaking ground and laying the foundation stone, we wanted to ensure that we chose the designs and obtained all the necessary permits and approvals to begin construction.”
“I am honoured to know that SilverNeedle has taken a decision to make such a major investment for the future development of Colombo. SilverNeedle taking such an initiative will send much-needed signals of business confidence to other Australian companies. I am very confident that we will see further investments come across the line in the coming years,” Australian High Commissioner Robyn Mudie stated.
Rising 48 storeys above Colombo’s central building district, the structure contains over 1,000,000 square feet. The first five levels of the centre, with an area of 230,000 square feet, will comprise the lifestyle retail mall. Just above the mall will be a 200-room NEXT Hotel marking its first entry into the Asian continent after Australia.
The upper levels of CCC will offer 180 residential units where residents will enjoy exclusive club amenities and use of the sky terrace.
Speaking about the additional features of the CCC Colombo City Centre Partners Director and Abans Group Chairperson Aban Pestonjee commented: “Currently there is no place in Sri Lanka where the whole family can go and enjoy themselves. We want to provide entertainment for Sri Lankans and their families as well as tourists with a mix of local and international brands, a cinema and food court. This will allow children and their parents to spend valuable family time together.”
The lead designer of this project is award-winning global architecture firm Aedas, while Gensler is responsible for the interior of the hotel and residences.
SN Property, a wholly-owned subsidiary of SilverNeedle Hospitality and international award-winning project management and construction consultants Gleeds Hooloomann are project managers. Retail planning and securing tenants for the lifestyle mall will be handled by Hong Kong-based Husband Retail Consulting. Veteran property manager Richard Buultjens will focus on sales and marketing for the residential units and leasing of the retail space.