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The Hedgehog, Fox, Eagle And The Ostrich: Studying Leadership Through Fables

by Jan-Benedict Steenkamp, author of “Time to Lead: Lessons for Today’s Leaders from Bold Decisions that Changed History

“A fox knows many smaller things, but a hedgehog knows one big thing.” – Archilochus, Ancient Greek poet

Philosopher Isaiah Berlin expanded on Archilochus’ quote in his 1953 essay The Hedgehog and the Fox, which divided writers and thinkers into two categories. Hedgehogs view the world through the lens of a single defining idea and foxes draw on a wide variety of experiences and do not boil it down into a single idea.

The distinction is highly useful as a study of leadership, particularly when examined as part of four Aesopian possibilities that include eagles and ostriches.

Hedgehogs.

Hedgehogs are people who relate everything to a single central vision, which serves as their universal organizing principle. This vision shapes how they think and feel, how they understand the world. Hedgehogs … Read the rest

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DWP to mandate 2-page pension statements

 

Pensions Minister Guy Opperman plans to introduce simpler 2-page annual pension statements.

He said the move will build on pensions Automatic Enrolment and give millions of pension savers a better understanding of their pensions.

While the statements will first be introduced for DC schemes they could be extended to all pensions schemes.

The two-page statements will use a consistent format and will highlight key information such as the size of the saver’s pension pot and a forecast of their retirement.

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The Department for Work and Pensions says it will now develop draft regulations to introduce the simpler annual statements for defined contribution schemes used for automatic enrolment.

The simpler statements will include “a line” on costs and charges and a signpost for more detailed information elsewhere.

Minister for Pensions and Financial Inclusion Mr Opperman said: “For too long pensions have been shrouded in complexity and technical jargon, limiting

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This is the fastest 5G mobile network right now

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Verizon offered the fastest 5G connections of all carriers during the most recent quarter, but its service was the most difficult to find.

Verizon customers averaged 5G connection of 793 Megabits per second, blasting past AT&T’s 65 Mbps and T-Mobile’s 59 Mbps, according to research firm Ookla. But Verizon customers with 5G-compatible phones found a 5G connection less than 1% of the time compared to 54% for T-Mobile and 18% for AT&T.

The differences largely relate to the different types of 5G that the three carriers offered during the three months ending Sept. 30. AT&T and T-Mobile used gear that provided broad coverage but relatively slow connections while Verizon’s emphasized high speeds with minimal coverage.

That will likely change some in the current quarter because Verizon … Read the rest

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Oil Holds Steady Before OPEC+ Meets to Assess State of Market

(Bloomberg) — Oil held near $41 a barrel in New York before OPEC+ meets to assess the market as demand again comes under pressure from a resurgent coronavirus.OPEC+’s Joint Ministerial Monitoring Committee, which reviews compliance with the group’s pledged output cuts, will meet online Monday. While no supply decisions are expected until the conclusion of a two-day gathering on Dec. 1, leading members Saudi Arabia and Russia have stepped up diplomacy in recent days.Ministers are meeting against a backdrop of uneven oil demand. For months now, the recovery in consumption has been driven largely by China, whose economic expansion showed signs of broadening in September. Yet other countries are still clawing their way out of the slump, with fresh outbreaks of Covid-19 in Europe and the U.S. weighing on energy use.With uncertainty dominating, crude has struggled to break far from $40. While there was renewed optimism about a stimulus deal … Read the rest

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How To Start Your Own Moving Company

When you survey the fields that almost never run out of business, the moving company is one of them. People change houses quite often, especially the ones that live in rented houses. Not all moving companies are significant and have storage for their trucks and materials. You can begin by starting a small business by owning a van. You will need an mc number for your moving company; it gives you the authority to operate.

You can also provide services that require the workforce to move things within a house. You can also choose to provide moving services. Here are some tips if you wish to start a moving company.

Training.

Even if you have worked at a moving company before, it is beneficial to get training on how to pack, unpack, and all the other processes attached to the business. It will prevent you from making any first-time mistakes … Read the rest

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Expect more adviser acquisitions soon says IWP

The Financial Planning community can expect to see more acquisitions soon from Independent Wealth Planners, chief executive David Inglesfield has told Financial Planning Today magazine’s latest issue.

A number of sellers are “exploring their options” with the group, said Mr Inglesfield in an interview with Financial Planning Today.

He said that the group’s strategy has remained largely unchanged as it continues to look for more acquisitions, despite the effects of the Coronavirus pandemic.

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Mr Inglesfield was interviewed as part of the Cover Feature for our most recent edition of Financial Planning Today Magazine.

Nigel Stockton, chief executive of wealth manager Ascot Lloyd, also revealed in the feature that his firm continues to look for acquisitions.

The feature looks at the firms resolutely focusing on growth despite the pandemic and asks several Financial Planners to share their tips for weathering the pandemic.

The feature looks at how a strong

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Tom Steyer thinks business is missing a big opportunity—and that Trump has done ‘nothing but whiff’

Since Tom Steyer dropped out of the presidential race in February, he has been busy proselytizing about his favorite topic: climate. Both the political and the earthly, that is.

An advisor to Democratic candidate and former Vice President Joe Biden, Steyer is warning that the planet faces imminent calamity if bold and urgent action isn’t taken. But it’s not all doom and gloom, says Steyer, a billionaire and former hedge fund manager. Humanity may yet snatch prosperity from the jaws of eco-devastation.

Fortune caught up with Steyer, whose name has been floated for a possible Biden cabinet placement. He explained the Democratic ticket’s economic recovery plans, which tie together financial stimulus and environmental policy. The discussion ranged from how Steyer is reading the markets to what technological breakthroughs he’s most excited about (see: electric vehicles, offshore windfarms, and more).

Here is that conversation, edited and condensed for clarity.

FortuneRead the rest

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3 Monster Growth Stocks That Could Reach New Highs

Out on Wall Street, things are always changing. Share prices fluctuate, new players make their market debuts, the macro environment gets shaken up and long-term trends shift. That said, one thing remains the same: growth is the name of the game. Growth stocks consistently score a spot on investors’ wish lists, given their potential to deliver returns. This growth potential goes above and beyond the norm, as these plays have already posted some spectacular gains in 2020, with the upside set to keep on coming in the long run. Knowing what you’re looking for is one thing, but how are investors supposed to find these opportunities? One strategy is to take a cue from Wall Street pros. Bearing this in mind, we used TipRanks’ database during our search for exciting growth names, according to the analyst community. Locking in on three stocks that fit the bill, each analyst-backed ticker stands … Read the rest

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Hands-On Small Business Ideas

Creating your own small business may be the dream, but first you need to consider what your business will entail. While some people are happy working in front of a computer, others prefer a more hands-on approach, using skills that require more manual tasks.

Some businesses of this type may require training and qualifications, whereas others might simply require a bit of ingenuity and building up a contact base.

These types of businesses may also require either a working premises or usage of a vehicle, so any licensing for that will be needed prior to your official start up.

Motorcycle Repair.

While auto repair shops are fairly common, those that cater to motorcycles can be scarcer. Following training in motorcycle repair, you could opt to open up your own repair shop. This may specialise in a specific make of motorcycle, such as Suzuki or Harley Davidson, or simply cater to … Read the rest

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Brewin and Barclays Wealth execs join CISI board

The CISI has appointed four new board members including executives from Brewin Dolphin, Barclays Wealth and Rathbone.

Three of the four were elected by members and one is a new independent non-executive director.

The new independent non-executive director is Jane Valls who has a distinguished background in corporate governance, women’s empowerment and social justice.

The four new directors are:

Jane Valls (independent NED). She is an accredited corporate governance trainer with the International Finance Corporation (IFC), part of the World Bank Group, and is an accredited trainer with the Ethics Institute, as well as being a Certified Ethics Officer. She was awarded an Honorary Doctorate Degree by the University of Middlesex for services to business, women’s empowerment and social justice.

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Robert Hughes-Penney, Chartered FCSI, investment director of Rathbone Brothers, a CISI Chartered Fellow and a Chartered Wealth Manager with over 27 years’ experience managing portfolios for wealthy private

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