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As recently as 50 years ago, there was general perception that the only road to becoming a good and effective manager was through the school of hard knocks. Since then, there has been a dramatic shift in perception to suggest that managers can also be developed through academic pursuits.
Spiderman, who rescued Sony Corp's earnings a year ago with his smash hit movie, now has the fate of Universal Studios' money-losing Japanese theme park firmly in his weblike clutches.
SMART-card operator Iris Corp Bhd is looking at all options, including a cash call, to cut its gearing ratio to below one in the current year, from 1.75 now, and at the same time, explore opportunities to extend its reach to more countries in a bid to build up its business base.
Iris Corp Bhd expects a surge in the use of chip embedded passports globally by the end of next year, according to its managing director Datuk Tan Say Jim.