
The Leadership Gap: Why Companies Struggle to Retain Top Executives
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
July 8, 2022: -On Thursday, the government said that Hong Kong suspended a rule that restricted individual flights from bringing in passengers infected with the Covid-19 virus, as it caused “excessive trouble” and inconvenience to residents of the global financial hub.
The city is banning over 100 flights this year. The bans were a considerable frustration for businesses and residents used to effortless and efficient travel from the former British colony. Its removal paves the way for residents to return home, with scores stranded overseas because of the flight prohibitions.
“The social cost caused by the ‘circuit breaker mechanism’ is quite large, and it also brings unnecessary trouble to these international students and their families,” the government stated.
Previously, airlines would be banned for five days if they brought in beyond five people infected with the coronavirus. This year, flights were banned for up to two weeks, which makes it difficult for airlines to operate.
All arrivals must still quarantine for at least one week in a hotel.
The government said it was examining to “improve” quarantine arrangements “to facilitate the movement of people necessary for social and economic recovery.”
Measures such as the flight bans and mandatory hotel quarantine have hammered Hong Kong’s competitiveness, said business executives hoping the city’s recent leader, John Lee, will discard the quarantine rules.
Eight business leaders said that Lee must reboot the city because Hong Kong’s border has been sealed since 2020, and international arrivals are subject to stringent quarantine and testing protocols.
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
February 12, 2025: Donald Trump has announced a 25% tariff on all steel and aluminum imports, reigniting trade tensions between the US and its key partners
February 11, 2025: The European Union is preparing retaliatory tariffs against the United States in response to newly imposed 25% U.S.
February 06, 2025: California and Texas are experiencing extreme weather, bringing widespread disruptions and safety concerns.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you