As a professional who has taken leadership positions in multiple companies, James Dubow, managing director and head of Alvarez & Marsal (A&M) Asia, has outlined two important principles for managing people in a way that reinforces employee empowerment, accomplishment and contribution.The first is to give employees enough room to meet their objectives. As different people have different leadership styles, for example, some believe that leaders need to have as much control as possible, and some think leaders need to give their subordinates as much freedom as possible.For Dubow, he allows his staff the autonomy, but within boundaries.I give staff the direction and then stay out of the way as much as possible to show I've trust in them. As long as a leader can ensure the direction is clear, and the employees are able to achieve what they want, they'll be happier and more productive, he says.Basically, people are motivated by money and compensation to work, Dubow admits. But, with everything being equal, people are more likely to thrive when they feel they're doing meaningful work and have an impact on society. If they feel they're constrained, they can't give their best.A leader needs to listen to his or her subordinates. As employees seek more attention, feedback and support, leaders must be more mindful of individuals' needs in order to more effectively inspire professional development. By listening to them, leaders can create trustworthy relationships with their staff, and this can breed loyalty.By listening to employees, a leader could know what's happening in the company, and he's able to figure out ways to give directions, he says.As an old Chinese hand who has studied Mandarin for more than 25 years, Dubow has forged close ties with China throughout his career.He joined A&M in 2002, where he worked on corporate turnarounds. He subsequently took a five-year hiatus from A&M to serve as chief executive of a power company with operations in China and South Korea, helping the company with its growth strategy following its acquisition by a privateequity consortium.He helped raise several rounds of syndicated and project debt, prepared the company for listing on the Hong Kong Stock Exchange, and finally assisted with its 100-percent equity sale to State-owned China General Nuclear Power Corporation, spending the last year spearheading financial operations while helping the new Chinese parent company with its strategic plans and post-merger integration.Recalling his experience in China General Nuclear, Dubow says he was lucky to have worked with a management team consisting of very sharp and hardworking people, and it's a memorable event for him working in the State-owned enterprise.Dubow rejoined A&M as head of A&M Asia in 2012, giving a hand to private equity sponsors with the operating turnarounds of their portfolio companies, including taking interim management positions where required. He leads a team of professionals that provides various services to investors from pre-acquisition due diligence, to post-investment performance improvement, and exit sale support.My in-house experience gives me a good reason to return to A&M. Different from taking an interim role in a company, the permanent position prompted me to think more about the long-term strategy, and that influenced everything we did at that time. And now, even in a temporary position, I always keep the long-term goal in my mind.In China today, Dubow sees the energy and capability of young people as their best assets. He advises the younger generation to follow good leaders instead of chasing after brand name companies when looking for a job.If you have to choose between a world renowned bank whose boss you're not sure of, and a small bank whose boss you know and will support you, you'd better choose the one who will be a mentor for your career. big rubber braceletswhite rubber wristbandscheap silicone wristbands free shippingrubber band wristband makercheap silicone wristbands canada
A file photo of the People's Liberation Army Navy honor guard. [Photo/VCG] Emerging plan may feature nation's second aircraft carrier, new destroyer China will host a multinational naval activity on April 23 in Qingdao, Shandong province, to honor the 70th birthday of the People's Liberation Army Navy, according to a spokesman for the Ministry of National Defense. Senior Colonel Ren Guoqiang, deputy head of the ministry's information office, told reporters at a news conference on Thursday afternoon that the activity has been approved by the Central Military Commission, and detailed information about it will be published later. The PLA Navy said in a statement on Thursday that it welcomes reporters to cover the activity and that a media center in Qingdao will start receiving journalists on April 20. Sources close to the Navy told China Daily that the activity is highly likely to comprise a massive sea parade of major ships, submarines and aircraft from the Navy, along with vessels from other countries, noting it is also likely to be even larger and more spectacular than the sea parade in the South China Sea on April 12, 2018, that involved more than 10,000 Navy personnel, 48 ships and submarines and 76 naval aircraft. Wu Peixin, a defense industry observer in Beijing, said the April 23 activity will be a good occasion for the Navy to showcase the latest hardware delivered during the past year. I am looking forward to seeing the participation of the second aircraft carrier, the Type 055 destroyer and the latest aircraft, he said. However, whether the second aircraft carrier will be ready for this parade - which is likely to be its public debut - depends on its sea trial schedule. China's second aircraft carrier - the first to be designed domestically - is reported to have begun its fifth sea trial earlier this week. Observers have speculated that the new carrier will be commissioned before April 23 so it can appear in the unprecedented demonstration of the country's naval prowess. The Chinese military said the colossal vessel displaces more than 50,000 metric tons and will have stronger fighting capability than the CNS Liaoning, the Navy's first carrier, which was refitted from an unfinished Soviet Union vessel. Meanwhile, if the Type 055 guided-missile destroyers, widely believed to be the mightiest of its kind in the world, can take part in the coming parade, they will be further testament to the PLA Navy's growing strength. The 10,000-ton destroyer, usually designated as a cruiser by foreign observers, is equipped with what are believed to be the most advanced radars and missiles in the world and has more than 100 vertical launch cells capable of firing various kinds of projectiles. At least four Type 055 ships have been built, while the first of them is said to be very close to being commissioned. An insider in China's military shipbuilding industry who asked not to be named said he hoped the electromagnetic railgun being tested by the Navy could be displayed in the coming parade. If it can show up in the parade, it will tell the world that we are the first to have deployed this state-of-the-art weapon, which will have the power to reshape the future of naval warfare, he said.
