Business growth is rooted in solid management, and that means senior executives need to mentor employees who show promise for joining top leadership. Midlevel executives should focus on developing a diverse skill set, coaching direct reports and practicing effective communication.
A World Economic Forum report that includes survey results of more than 1,000 global leaders ranks threats that are the most likely to happen in the next decade and that need attention the most urgently.
Largely unnoticed as Europe and the U.S. struggle with financial problems, Japan's debt has expanded to monumental proportions that might be impossible to sustain. Economists have started to warn that Japan could become the next Greece. Japanese debt amounts to 230% of gross domestic product, compared with 165% for Greece.
The U.S. Public Company Accounting Oversight Board reached an agreement with Chinese authorities allowing it to observe audits of U.S.-listed companies in China. The deal gives the regulator only some of the access originally requested.