US firms with traditional pensions are facing a soaring costs, the Boston Globe reports.
A study by Towers Perrin has found that funding levels have dropped dramatically since the late 1990s and that the 'average' pension plan is now substantially underfunded.
"Rising pension costs over the last two years are now having a significant impact on corporate income statements," said Steven Kerstein, managing director of Towers Perrin's global retirement consulting practice.
In Resilient Optimism, Michelle Gielan argues that optimism is not blind positivity or wishful thinking. It’s a practical, science-backed set of behaviours that help people to stay steady, focused and effective in difficult times.
In this exploration of modern brand strategy, creativity, leadership and business thinking, Martin Weigel argues that strategy is not a process or a template, but a discipline of action, judgement, imagination, and consequence.
Can we truly manage others without first understanding ourselves? This is the question at the heart of a book that takes an unconventional approach to management by drawing on the teachings of the teacher and philosopher, Jiddu Krishnamurti.
