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Less than a month after the sudden departure of its founder and chairman, Fisker Automotive has reportedly laid off the majority of its rank-and-file employees, retaining top management to pursue a sale of its remaining assets.
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Realogy is majority-owned by Apollo Global Management, retaining a 50.2% stake after the offering.
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This business is not as promising from a growth perspective, and retaining it would most likely distract management.
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With that I believe the role of leaders is changing to a less hierarchical style in a way that their job is mostly about orchestrating a management team rather than retaining leadership to him as an individual.
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He added that it was "distasteful" for the UK to comment on the management of a number of justice and home affairs issues whilst retaining so many opt-outs.
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What all of this information tells me is that companies need to work harder and increase their talent management efforts, specifically targeted at recruiting, developing, and retaining high potential women.
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Five years ago he handed over the management of Seagram to his son Edgar Jr. (while retaining the chairmanship) and took up the cause of financial justice for Jews who lost their homes and possessions in World War II.
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These arrangements are increasingly valuable in retaining a restless work force that is accustomed to fast-paced change and innovation, says John Sullivan, a management professor at San Francisco State University.
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