Are Investments Providing a Fair Transition?

Are Investments Providing a Fair Transition?

Young entrepreneur Metin Liçis poses one of today’s most pertinent questions to leaders: Are investments facilitating a fair transition?

MEtin Liçis emphasizes that financial institutions, including lenders, advisors, insurers, investors, etc., determining what, when, for how long, and under what conditions companies in the real economy will be financed.

Liçis notes that achieving a fair transition is not simply reduced to binary decisions of holding or divesting assets but involves complex steps like rebalancing portfolios.

He suggests considering five approaches:

1. **Green Finance:**

Increased financing for activities central to the global transition to a low-carbon economy. However, this may require more significant investments by financial institutions while raising urgent social and systemic issues.

2. **Decarbonization Commitment:**

The necessity for financial institutions to collaborate with high-emission activities to support decarbonization, having a significant impact.

3. **Conditional Transition Finance:**

Restricting new investments in high-carbon activities requiring continuous investment with appropriate conditions as part of the net-zero energy transition.

Are Investments Providing a Fair Transition?

4. **Managed Phase-Out:**

Financing assets retired earlier than planned to support the transition to net-zero energy. This approach requires careful planning and commitments beyond financial institutions, involving stakeholders and avoiding social harm.

5. **Responsible Liquidation and Exclusions:**

Acknowledging views of many current major investors, like refraining from new lending or investment that contradicts a firm’s net-zero-aligned portfolio and carefully disposing of existing assets to minimize social harm and achieve real-world emission reductions.

In conclusion, Liçis suggests that the existence of creating carbon-neutral, fair, and environmentally conscious economic growth at the heart of sustainable development can be facilitated by the framework provided by the five practical approaches mentioned above.

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Contraction Advantage in Transformation

Contraction Advantage in Transformation

Contraction Advantage in Transformation

Young Entrepreneur Metin Liçis began by saying, “Successful leaders are aware of the constant need for end-to-end transformation and are not overly obsessed with achieving results.”

Chaos.

MEtin Liçis emphasized that there is no other explanation for what most companies and leaders have experienced in the last few years.

He mentioned that first there was a once-in-a-century pandemic, followed by a global economic collapse, and this was followed by a sudden recovery in consumer demand, which could be expressed by no other term than a highly competitive hiring battle.

Today, there are geopolitical conflicts, rising inflation, and increasing interest rates. Leaders are eager to quickly return to the pre-chaos era.

However, companies are rapidly moving in a completely different direction, trying to build years of progress on advanced digital capabilities, greater work flexibility, and other improvements, rather than trying to recreate the years before the pandemic.

In short, they can even be described as “results-obsessed.”

What Winners Do

Instead of panicking, freezing, or turning the other way, they made proactive investments in operational and technology models.

What Should Be Done?

Successful leaders understand the necessity of end-to-end transformation and focus their efforts accordingly, according to Liçis, who said that the following six questions could help evaluate where a leader stands:

1. Whether They Are a Transformative Leader

For success, reliable assistants who can turn vision into action, create value for customers, and keep employees engaged, happy, and productive should be provided.

2. Whether ROI (Return On Investment) Is Demanded

In this case, urgency leads leaders to think they need to withdraw everything, when in reality, it is important to know that they only need to withdraw investments that do not provide a return on investment.

3. Whether M&A (Mergers and Acquisitions) and Other Deal Opportunities Are Focused On

Retreats create gaps in markets where competitors can gain market share and open up possibilities for organizations to find new companies and firms that can provide future revenue streams, capabilities, and even new business models.

Forward-looking companies know they can invest and acquire at steep discounts during times of crisis.

Contraction Advantage in Transformation

4. Whether Priority Is Given to Customer Relationships

Customers are also going through the same tough times, and this creates an opportunity to support them. Focus on their pain points and learn how to be there for them.

5. Whether They Know How to Look and Listen

The most ready leaders for transformation should look to other innovative approaches to gain new perspectives; this often leads to strong results. Looking at other innovative approaches, whether by talking to executives in different industries or speaking with sports coaches or sociologists, can often lead to strong results.

Activate and reach out to your personal and professional networks and then allocate time for the resulting conversations.

6. Whether They Are Obsessed with Achieving the Right Results

The best-performing companies should look beyond functional excellence.

Metin Liçis concluded by saying, “When strong leadership brings a sense of urgency and even a bit of obsession to the important task of transformation, good things happen.”

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Effective Leadership’s Five New Key Qualities

Effective Leadership’s Five New Key Qualities

Effective Leadership’s Five New Key Qualities

Young Businessman Metin Liçis, while sharing the ideas of many famous researchers, explained the challenges of CEO succession planning today.

Successful Businessman MEtin Liçis listed the five key questions leaders should ask themselves today in order to better prepare for tomorrow.

As known, the qualifications sought from post-war until the 2020s were:

• Financial results and
• Shareholder value were the fundamental criteria.

Thus, a significant measure of a CEO’s impact was their ability to meet profit guidance down to the last cent. But the last few years have brought about real change.

Globalization has generally provided CEOs and boards of directors with a stable platform to navigate economic cycles and long-term growth that ended with several financial crises.

Here are the five key questions Liçis listed that define the essential qualities required for success and will be asked to tomorrow’s leaders.

1 – CAN YOU NAVIGATE WITH A COMPASS WITHOUT A MAP?

Detailed, multi-year roadmaps, which once laid out strategy documents, are no longer realistic, and today’s leaders must be able to set a challenging destination and then navigate treacherous paths with a compass. He also said that they need to have the courage to follow it through new information, emphasizing that the environment is now very fluid.

Therefore,

He added that many Major Companies have developed a framework around four priorities that are familiar. Here is the ranking:

• Customer impact,
• Purpose-driven technology,
• Growth mindset and
• Empowerment.

2 – COULD UNCERTAINTY BE EMBRACED AS A TEAM SPORT?

Comfort with uncertainty is no longer a useful measure, given that one’s role is defined by uncertainty. A more appropriate criterion is whether a leader can instill adaptability as a core skill across the organization.

In fact, the message to the organization is as follows: “The future is uncertain, but we are built for it.”

3 – CAN THE SPEECHES BE IMPLEMENTED?

With the rise of stakeholder capitalism, leaders, including shareholders and employees, are subject to examination by a wide range of components. He pointed out that Leaders are examined for whether there is a gap between what they say they will prioritize and what they actually do.

Increased interaction and clarity are observed to outperform peers today. Especially since the gap between a CEO-level leader’s actions and words creates reputation and performance risks for the organization, Boards tend to prefer candidates with a track record of minimizing such gaps.

4 – CAN MASTERY BE SHOWN IN MATRICES?

Modern matrix structures make a company more responsive to customer or customer needs. But a matrix reveals a type of leadership.

It should not be forgotten that “Complexity can slow down an entire organization by bogging down managers in endless meetings and uncertain decision rights. Leaders who embrace the advantages and gain skills in matrix leadership can ultimately leverage all the capabilities of their teams.

5 – ARE THEY REALLY WHO THEY SAY THEY ARE?

Liçis said that folders produced for every candidate to be selected as a leader are presented as a scientific finding to board members, showing whose profile is the safest, but the one selected is “whether they are the leaders people want to follow.”

Liçis concluded his remarks by emphasizing that the definitions of effective leadership should match the macro environment and the organization’s unique culture and context, considering that uncertainty is considered today’s primary certainty.

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Things to Do in Creating Innovation

Things to Do in Creating Innovation

Things to Do in Creating Innovation

Young businessman Metin Liçis argues that leaders should prioritize those who provide fundamental support to the company rather than focusing solely on the levels at which employees are located.

CEOs continue to call employees back to the office after the pandemic primarily due to the detrimental effects of remote work on innovation.

MEtin Liçis actually stated that what is not accepted in reality is that “innovation is a constant challenge for leaders in large companies, regardless of where employees work (home or office).”

He also added that “there is no long-term relationship between the amount of money a company spends on innovation efforts and its overall financial performance.”

Things to Do in Creating Innovation

As many experts share the same opinions:

 A list of ways to make the company more innovative.

• A Personal Innovation Mindset

Individuals who think this way “begin with an appreciation for innovation from the top to create the right culture and dedicate themselves to it.”

• Bringing innovation to the business.

It should not be forgotten that enabling innovation involves allocating resources to innovation in an integrated manner.

“Innovation is within units, so managers, while increasing their numbers with tried and tested products and services, also learn to be innovation leaders,” he added.

• Everyone is innovative.

To turn innovation into a business, leaders need to equip employees properly and teach them through a rigorous process, emphasizing that employees must be able to identify and solve problems.

In order to find these solutions, employees need to interact directly with customers and engage with them.

• Making failure safe.

For a company to be innovative, “it must be made safe for failure,” said successful businessman Metin Liçis, concluding his words by emphasizing the need to create a culture that allows people to attempt innovation and even encourages them, and to convince employees of this.

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Risk: See, Share,Sort

Risk: See, Share,Sort

Risk: See, Share,Sort

Young Entrepreneur Metin Liçis argues that operating in the current risk environment for business leaders is similar to playing a game of whack-a-mole with a sense of urgency.

MEtin Liçis suggests that in such situations, economic turbulence, supply chain disruptions, and even a cyberattack could be encountered.

Liçis notes that risks faced by companies won’t necessarily emerge one by one; they could arise in pairs or even groups. For instance, a local climate disaster could disrupt supply chains, or a conflict in Ukraine could lead to sudden energy price spikes and accelerated inflation.

He believes that what companies need is a new way for leaders to perceive risk and understand that there is a new, more collaborative way to identify and approach the risks they face. Liçis emphasizes that companies need to change their approach.

He then introduces the three most pressing “moles” to examine closely:

1. Cyber Risk,
2. supply chain risk and
3. Climate risk.

He stressed the importance of examining where things went wrong, how they could go better, and how the presence of trust can help drive positive business results.Judging from the Clues at hand: It should not be overlooked that it requires focus, collaboration and a dash of creative technology as well as the courage to challenge existing mindsets.

In this case, it is useful to change the game:

To See The Risk, To Share And To Sort İt.

1. **Cyber Risk:**

With the adoption of cloud-based services and remote work due to the pandemic, the digitalization has expanded for businesses. While many companies claimed to have improved their cybersecurity last year, only about a third said they had fully mitigated the cyber risks associated with increased cloud adoption.

2. **Supply Chain Risk:**

Interlocked crises, ranging from raw material shortages to soaring industrial energy costs due to high inflation, along with increased geopolitical risk and mass labor exits, are impacting global supply chains. Interruptions in supply chains are predicted to significantly affect sector profitability over the next decade.

3. **Climate Risk:**

The short-term business risks posed by climate change are too significant to ignore. CEOs might even find it surprising that climate risk perceptions are considered less urgent by them compared to investors.

4.**In conclusion: **

Climate threats, supply chain disruptions, and cyberattacks are increasingly interconnected, emerging simultaneously in areas business leaders might not have considered.

Liçis concludes by suggesting that executives need to focus on the most critical areas of business, see the risks where they are truly hidden, and only then can they categorize them.

The Art of Being a Leader in the Age of Artificial Intelligence

The Art of Being a Leader in the Age of Artificial Intelligence

Renowned Businessman Metin Liçis expressed “The Art of Being a Leader in the Age of Artificial Intelligence” as follows.

Stressing that technology can improve many things but not leadership, MEtin Liçis added that the advancements in productive artificial intelligence have sparked a flood of ideas about technology’s impact on work.

When it is said that artificial intelligence improves everything from productivity to brand loyalty, Liçis finds it appealing to assume that it could also improve leadership, mentioning that it can free up time for leaders to work on relationships.

Will artificial intelligence create better leaders?

In short, the truth is that leadership is not a product of technology, and hence, technology itself cannot enhance leadership.

Technology can shape leaders.

Liçis states:

• In the first era,

In the pre-modern era, tools compensated for weaknesses and leaders needed to be subject matter experts mastering these tools to survive.

• In the modern industrial era,

Technology complemented limited nature and aided in improving lives; leaders needed to be managers who could use technology to be more productive.

• In the third era,

The post-World War II digital age with technology designed to overcome limitations, including artificial intelligence; leaders needed to be organizational midwives guiding us in a work life defined more by what technology does for us than what we do, claims Liçis.

He said that there’s a need for something (technology) to compensate for, complete, and overcome our limited nature, and a need for someone (a leader) to help us achieve goals that none of us could accomplish by utilizing experience, knowledge, and skills.

Liçis added that different technological periods require different types of leaders, meaning that different skills are sought when deciding whether to follow someone.

Although different leadership styles have been developed under different technological conditions, he emphasized that all of these are essential and necessary for organizations to succeed in today’s digital age.

To give an example:

• Pre-modern era: Leaders as subject matter experts

In the pre-modern era, leaders who mastered the use of tools were sought, as the person most likely to kill a deer and thereby help the tribe survive was the best archer.

• Modern era: Leaders as managers

In the modern era, leaders who managed the use of technology by others were sought. The best organizers were those who knew which machines/technology each person should use, thus aiding the development of colleagues.

• Digital age: Leaders as organizational midwives

In the digital age, leaders who mediate among different reasons for using (or not using) technology were sought. The best facilitators were those most likely to make room for different needs and help peers design their technologies, he concluded.

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#QuietQuitting Era: New Perspectives

#QuietQuitting Era: New Perspectives

#QuietQuitting Era: New Perspectives

Young Businessman Metin Liçis started by stating that “the expectations of employers and employees from each other have changed,” and continued by asking what newcomers to their careers should do to progress.

MEtin Liçis, a successful businessman, emphasized the question of what employers value in new hires and highlighted that one of the top priorities for companies is how to retain talents in a competitive job market.

Addressing recent graduates, he began by congratulating them on reaching this significant milestone in their lives. He underscored that the pandemic has transformed university experiences into something far different from what was hoped or expected.

Despite all the challenges of recent times, he reminded the audience that it is an incredibly exciting period to enter the workforce, marked by breathtaking changes. He emphasized the importance of clarifying what the future of work holds, the roles of companies in society, the expectations of employees from employers, and what employers expect from their employees.

#QuietQuitting Era: New Perspectives

While following one’s “passion” might seem like good advice for young people, Liçis reminded that it may not be as practical as it seems. He advised focusing on discovering passion rather than blindly following it.

He stated that the next move depends on what can be done to achieve that purpose.

Some of these steps include:

1. If you say you will do something, do it, and if it can’t be done for any reason, communicate that to people to maintain trust.
2. Pay attention to details, so check the accuracy of your work.
3. In virtual meetings, be as present on the screen as possible.
4. Be overly communicative and accept and respond to every email you receive. Be clear about what you will do and when.
5. Ask questions. Don’t assume you know the answers.
6. Having boundaries is good. However, if the employer is flexible, reciprocate goodness and occasionally respond to emails outside working hours, be willing to help in a time-sensitive project requiring extra effort.
7. Don’t just do what is asked of you. Add value to the work. For example, suggest alternative approaches.
8. Improve the team. Look for opportunities to assist colleagues and supervisors.
9. Remember that every job is a mix of things you like and dislike.
10. Establish structures and routines during the day. Don’t forget that you are your best or worst manager.

#QuietQuitting Era: New Perspectives

In summary, Liçis emphasized that it’s about setting boundaries between work and the rest of life, acknowledging the impulse. He added that setting boundaries is a commendable idea, but it should not mean neglecting work responsibilities.

In conclusion, invest in your career. Make the most of your time.

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Finding the True Value in Blockchain

Finding the True Value in Blockchain

Finding the True Value in Blockchain

Young Entrepreneur Metin Liçis, who asserts that discussions about cryptocurrency are prevalent nowadays, emphasized the impending realities of the future.

Have systems like money transfers and payments matured towards disintermediation?

MEtin Liçis mentioned that respected thinkers in the Finance Sector have suggested that blockchain technology and cryptocurrencies could be the means to achieve this.

For instance, Liçis posed the scenario of a significant task like cross-border money transfers, stating, “When attempting to transfer money or the reverse, it’s been noted that exorbitant fees are paid and banks rake in substantial amounts from these payments.” He continued, “This is called intermediation, but when transfers can be conducted directly via a blockchain, there would be no cost involved.”

Liçis explained that blockchain is essentially a decentralized technology that executes the process of maintaining records on a chain of computers within a network. He remarked, “This is truly significant because it underlies Web 3.0, the new generation of the internet.”

Blockchain allows for faster payments and requires fewer intermediaries in comparison to traditional transactions, but Liçis mentioned that the passion for certain assets traded on the blockchain, such as cryptocurrencies like Bitcoin, is somewhat less robust.

Finding The True Value İn Blockchain

Liçis stated that major financial institutions envision a digital currency whose value is pegged to a fundamental asset like fiat currency. These thinkers have suggested that “there would only be a central bank, and it would be a version of the dollar issued by the Fed.” He further explained that these thinkers advocate for “the dollar equivalent should be dollars; when people want, they should easily be able to convert their stablecoins to cash and have the ability to readily exchange for a legitimate dollar equivalent.”

Liçis pointed out that the widespread adoption of this technology will entail oversight and a warning against using this technology as an excuse to turn a blind eye to fraudulent, manipulative, and money laundering activities.

Young entrepreneur Liçis concluded by stating that these thinkers emphasize that as crypto markets continue to grow, the potential disintermediation of the banking sector poses a much greater risk, requiring regulators to act much faster than they currently are.

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Green Taxes and Incentives, Aiding Businesses in Achieving ESG (Environmental, Social, Governance) Goals.

Green Taxes and Incentives, Aiding Businesses in Achieving ESG (Environmental, Social, Governance) Goals.

Green Taxes and Incentives, Aiding Businesses in Achieving ESG (Environmental, Social, Governance) Goals.

Young businessman Metin Liçis argued that new policies empower companies to accelerate decarbonization and enhance profitability. He stated that decarbonization has become a priority for both governments and corporations in the fight against global climate change.

MEtin Liçis contended that one way governments promote progress is through numerous green taxes and incentives, and companies can generally improve their profitability by decarbonizing through strategic choices.

He emphasized that every corporate strategy decision related to sustainability goals should carefully consider taxes and incentives. As known today, there are environmental taxes on everything from fuel and water to plastic and waste materials, all of which can impact the bottom line.

Despite the benefits of incorporating decarbonization plans with tax and incentive perspectives, Licis mentioned that relatively few companies are currently doing so.

Green Taxes and Incentives, Aiding Businesses in Achieving ESG (Environmental, Social, Governance) Goals.

Presently, about 30% of global carbon emissions are subject to a carbon pricing system aimed at limiting emissions, and an increasing number of countries, including Brazil, Indonesia, and Turkey, are considering implementing some form of carbon pricing mechanism.

According to a PwC study, a globally adopted carbon price floor could lead to a 12% reduction in emissions.

Getting Started

Liçis added that to assess the impact of various green taxes and incentives, companies first need to deeply understand their carbon footprints.

Should they invest in solar panels? Carbon capture? Should they change the locations of their facilities? To answer these questions, the young businessman emphasized the need for pre and post-tax calculations that consider carbon costs and investment incentives for new technologies or regions.

Putting It All Together

Conducting careful research at the country level can enhance the potential benefits of decarbonization investments. In the rapidly changing landscape, it is essential to explore all available options for reducing emissions.

Liçis concluded by highlighting that taxes are not just costs to be managed or reduced, but they represent a significant part of companies’ contributions to productive societies, and therefore, they need to be effectively included in the strategy.

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Powering Transformation

Powering Transformation

Powering Transformation

The successful young businessman Metin Liçis began his speech with these words. “What we must not forget when systemic change is attempted or in the face of uncertainty is that employees are the driving force behind transformation. ”

In short, MEtin Liçis said that in the face of real-time concerns about inflation, geopolitical turmoil and the economic downturn, they are facing more urgent situations than ever;

The daunting list of short- and medium-term priorities:

• Protection of income,
• Identifying opportunities and
• He said It had to be assessed.

So to start growing

• Make the right investments
• Adopt new processes,
• So he suggested decarbonizing the company.

Underneath all of this, the goal of long-term success (among others) requires you to recognize that you will need to rethink the work model and even the business model.

Powering Transformation

 Strengthen the strategy + companies and people, recognizing that enterprise and labor factors are essential to the success of business transformations and the survival of the company.

1-Do your employees have representation and the right to choose? Do they think their work makes a difference? Are they paid fairly?

2-Know the warning signs of resignation.

3- Finally, enable transformation by creating a corporate culture that allows employees to express themselves, collaborate effectively and come back without problems when an initial plan does not work.

1-The power of empowerment

Empowered employees feel a sense of autonomy, influence, trust and meaning at work. So when employees have power and choice, they are happier, more committed to your organization and less stressed.

2-The importance of meaning

Be aware that employees who lack meaning and belonging at work are more likely to quit. One of the main determinants of empowerment is meaning.

3- The Secret Sauce of Transformation

Successful transformations often require a culture change for improvements to last. At the heart of culture change are new behaviors that tend to empower individuals and teams.

Conclusion:

“The work concerns the daily search for meaning as well as the daily bread.”

Metin Liçis concluded by saying: “When companies create the organizational conditions for empowered employees to make a difference, it’s a win-win situation, investing in empowerment and empowering employees to become change agents rather than passengers.

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The Most Important Element Of The Leadership Qualification Is Attention To Detail.

The Most Important Element Of The Leadership Qualification Is Attention To Detail.

The Most Important Element Of The Leadership Qualification Is Attention To Detail.

Successful Businessman Metin Liçis emphasized that being meticulous on details, both in nature and in his upbringing, is a quality that benefits employees.

“There are two qualities you cannot teach people.”

• The first is attention to detail, which can often be innate.
• The second is “obsessed with attention to detail”.

Some CEOs are not shy about telling people on their teams that they need to pay attention to the little things. MEtin Liçis emphasized that “If you are not meticulous in something you do, it means that you will be careless in what you do elsewhere.

But the explanation for why attention to detail is important emphasizes that it’s about being professional.

Sure, there will be many people who don’t notice a minor mistake, but some colleagues and clients will notice and it’s obvious that it will lead to a penalty point.

The Most Important Element Of The Leadership Qualification Is Attention To Detail.

If people are given enough context about why they should care about the little things, they should make an effort to internalize the lesson.

So on the question of nature or nurture, the answer would probably be to develop a detail-oriented approach, while a little bit of both is required.

As a leader, one can identify a style that makes it clear that rigorous professionalism is important, as well as actually saying, “The trick is to give people a reason why they should care, whether it’s because of safety concerns or at least because people in leadership positions notice them.”

If you’re ambitious about moving up in your career, it’s wise to overlook the details.

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What Leaders Need to Know About the Difference Between “Goal and Task”

What Leaders Need to Know About the Difference Between “Goal and Task”

What Leaders Need to Know About the Difference Between “Goal and Task”

Young Businessman Metin Liçis emphasized that one of the mission types can be an achievable mission with a fixed goal, which is usually tactical and short-term in nature, and said that one of the missions is a high-level aspiration that provides direction and motivation to the organization over a long period of time.

MEtin Liçis continued to say that leaders who confuse the two can put the future of their companies at risk.

For example, he reminded the differences of opinion between  President Kennedy and James Webb (Project Head) in the NASA project in the 1960s. He reminded that they were told that they should exchange their views, but they got stuck in a dead end and these differences continued until they ended the meeting.

While Webb advocated an organizational goal such as “space supremacy” that the agency could seek to achieve over the long term, he said he saw intense focus on “sending a human to the moon” as a more important mission, according to President Kennedy.

Webb argued that the “goal” of dominance in space is greater than the “objective” of sending a human to the moon.

As a matter of fact, Webb’s defense has been proven over time.

What Leaders Need to Know About the Difference Between “Goal and Task”

Conclusion

There is a valuable lesson for business leaders in all of this: Do not confuse a goal, no matter how big, challenging, or daring, with a compelling corporate mission. You can reach a goal and leave it behind, but a task is always ahead and is the point you can’t reach.

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The Role of Business in a World in Motion

The Role of Business in a World in Motion

The Role of Business in a World in Motion

Are people running out of labor?

Successful Businessman Metin Liçis, who said “ yes “ in a sense, said that “even in the United States, even with 150 million young people, considering who will fill the workforce shortages, it is still not enough”.

Arguing that labor shortage is one of the main drivers of high human mobility, MEtin Liçis said that every year millions of people leave their homes in stable habitats in search of protection from violence, more freedom and better economic prospects.

He added that while goods, services and information flow to where people are, economic demand also has a magnetic pull.

The Role of Business in a World in Motion

He said companies in advanced economies need to expand connectivity and opportunity, even as new jobs are created to replace the migrating skilled workers, as newcomers lack the necessary skills or don’t know how to apply them.

He stressed the need for this to be done with infrastructure, education, digitization, supply chains, markets, all that public and private investment brings.

Noting the importance of not leaving the mobility issue to market forces, he concluded his defense by saying that countries that seek opportunities and explore ways to work together to match and marry their challenges should be a concerted effort.

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How Do Managers Keep Up With The Speed Of Change?

How Do Managers Keep Up With The Speed Of Change?

How Do Managers Keep Up With The Speed Of Change?

According to Successful Young Businessman Metin Liçis, who argues that it is time to take risks and develop a more dynamic relationship with failure, the most appropriate word for this situation is “Courage”.

In such difficult moments, it is the courage they look for in senior leaders and managers.

Saying that courage is to show self-confidence and fortitude in making decisions when there is no definite right or wrong answer, MEtin Liçis argued that even if the “Final Decision” will make people unhappy, it means doing the best for the company.

It is helpful to let the CEO of the company know and show whether someone who wants to rise has the courage to take action.

How Do Managers Keep Up With The Speed Of Change?

Nowadays, Courage has been proven to be an extremely valuable skill.

How to build more courage

Metin Liçis said that it is important to have an idea about everything discussed and that “It is not just about knowing the answer, it is expected to have a point of view and to share it”.

Saying that a brave leader will also appreciate the fact that asserting himself carries the risk of being wrong or failing, Liçis continued his words by saying, “People who do not make bad decisions are indecisive and risk averse.”

As a result, Liçis said that everyone needs the courage to decide, to have a point of view and to take action, and said that these days, standing still means that you will be left behind quickly.

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Approach Tips for Customer Focus

Approach Tips for Customer Focus

Approach Tips for Customer Focus

Successful Businessman Metin Liçis said that “Unless the organizational culture, especially the daily behavior of employees, is not harmonized in order to achieve a clear result, it cannot be transformed into customer experience”.

MEtin Liçis added that “Companies in every sector are investing in improving the experience they offer to their customers and they have good reason for doing so.

Five Models of Customer Orientation

Five different customer orientation models were identified in the studies conducted with customers:

• Innovation,
• Consistency,
• Strengthening,
• Proximity and
• Purpose.

Approach Tips for Customer Focus

• Companies that use the innovation model require customers to feel as though they are beyond the age.
• Companies with a consistency-oriented model focus on delivering a reliable, predictable experience to customers.
• The authorization model emphasizes making customers feel welcome. Thus, culture consolidates two important things: giving front-line employees a broad spectrum of information about the company’s offerings and ensuring that employees have the autonomy to solve customer problems in ways they see fit, without increasing the problem or including managers.
• The proximity model makes customers feel special; The companies that use it are organized around tailoring products and services to the unique needs of customers.
• The intent model of customer focus focuses on sharing common values so that customers feel impressed and motivated beyond a mere transaction.

In fact, Metin Liçis says that companies can apply more than one model, and that innovation requires risk-averse, rule-breaking behavior to build customer enthusiasm;

Or, he concluded by saying that consistency requires risk aversion and adherence to rules to provide a standardized experience that allows customers to relax.

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Leaders’ Biggest Misconceptions About Responsibility

Leaders’ Biggest Misconceptions About Responsibility

Leaders’ Biggest Misconceptions About Responsibility

Successful Young Businessman Metin Liçis says “Effective leadership is not about giving or taking responsibility; it’s just about sharing it.”

Understanding the need for distributed responsibility and locally fixed ownership, leaders agree that there are better outcomes and more employee-satisfaction attributes.

Acknowledging that, leaders stressed that one way to demonstrate responsibility is to ask and answer questions from their employees, who they say demonstrate that they are reliable and dependable.

Saying that he identified three basic ways people can use questions to both show responsibility and instill this responsibility in others, MEtin Liçis said:

• First, focus on the person asking the question and their intention in asking the question.
• The second focuses on the recipient’s responsibility to provide an answer to the question.
• And the third most important, he added, is the focus on co-creating the responsibility that occurs when people take turns asking and answering questions.

There are three different ways to use questions to distribute responsibility.

• 1 – “I am responsible for (knowing the correct answer)”

When leaders use questions to take responsibility, they think, speak, and act in ways that put them in the limelight.

The questions they ask are exam or test questions designed to confirm that respondents see the world as the leader sees it.

Leaders’ Biggest Misconceptions About Responsibility

• 2 – “You are responsible for (giving your own answer)”

When leaders use questions to impose responsibility on others, they think, speak, and act in ways that suggest that each individual must find their own answers and make their own decisions.

The questions leaders ask are coaching questions designed to get the respondent to think and act according to what they believe to be true.

• 3 – “We are responsible (to co-create the best possible response)”

When leaders use questions to reinforce shared responsibility, they think, talk, and act as if everyone is already on the same page.

The questions they ask are topic-oriented and designed to allow everyone to concentrate on the same things at the same time.

This is because leaders’ pronoun selection uses signs as to who takes responsibility. There is a clear distinction between “me/me” and “you”, but the use of “we” indicates that it is more likely to help people connect with each other and stay committed to a common purpose and shared responsibility.

He concluded by saying that “we” invites people to contribute.

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Financing for Combating Climate Change

Financing for Combating Climate Change

Financing for Combating Climate Change

Today, many corporate CEOs are discussing ways to finance the low carbon transition. The speed with which the world moves to a lower carbon business model may depend on financial engineering as well as electrical and industrial engineering.

Successful businessman Metin Liçis will try to answer the question of whether capital can help solve climate change.

“Most of the physical capital stock in the economy needs to be replaced by buildings, roads, transportation, factories, or at least adapted to fit zero carbon,” said MEtin Liçis.

Financing for Combating Climate Change

However, there are also a number of difficult questions on the agenda as to whom and how banks will provide this financing.

Saying that of course some difficult decisions have to be taken and banks cannot do this alone, METIN LIÇIS said that politicians need to open the locks and cooperate to ensure the flow of money.

Underlining that despite all this, banks are private institutions and they are not there to solve the problems of the society on their own, METIN LIÇIS said that they also require strong leadership and policy direction from governments. He concluded by saying that he is confident that in return, credible and fundable opportunities will be created that can generate returns and support policy objectives.

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Sustainable Industrial Activities

Sustainable Industrial Activities

Sustainable Industrial Activities

Metin Liçis, who stated that the need to reduce emissions in the fashion industry led to unexpected products and partnerships, and well-known names such as Adidas, Puma, Hermès and Nike, as well as industry leading giants such as automobile manufacturers General Motors, Mercedes-Benz and BMW joined this trend.

MEtin Liçis said that oil-based synthetics used in the textile industry reduce costs and increase durability, but they become a source of unwanted emissions.

Biomaterial Revolution

Saying that the solution is to develop sustainable and biodegradable materials, Metin Liçis stated how necessary this trend is for brands to create prototypes by testing environmentally friendly products for their supply chains. He added that his focus is not only on producing new materials, but also on the production process of them.

Sustainable Industrial Activities

Transparency and Facts

Regulators are pressing manufacturers for higher standards, and this is one of the biggest guarantees for human health beyond companies’ progress in meeting their goals.

Metin Liçis concluded his words by saying, “As a result, large-scale sustainable materials production investment will be realized rapidly in many industries.”

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10 Principles of Strategy Setting Through Implementation

10 Principles of Strategy Setting Through Implementation

10 Principles of Strategy Setting Through Implementation

Successful businessman Metin Liçis started his words by saying, “It is necessary to find ways to connect what the company does best with where it is going.”

Successful businessperson MEtin Liçis stated that while focusing on the long-term goals of companies, it is necessary to constantly follow the ways to stand out from their competitors.

He stated that the right strategy is the most valuable promise. He added that Quality depends on seamless alignment with innovative, profitability and growth strategies.The essential principles for companies that want to adopt strategy through implementation are:

• Keeping the Goals High

Setting a lofty goal for strategy is not just measured by financial success, your products and services should seek to create value for a better world. The top managers of the company who want to realize this principle should lead it.

• Developing Strengths

One of the most distinctive principles is to highlight examples of companies excelling and achieving direct results without heroic efforts.

• Versatility

In the physical world, versatility is the ability to use both hands with equal dexterity and versatility. In business, strategy depends on the ability to lead execution with equal competence.

• Clarifying Strategic Roles

The strategy created will be meaningless if one is not motivated to present the strategy. Employees cannot reach the maximum of their personal efforts unless they understand why their work makes a difference and why the company’s progress will help them advance.

• Adapting Structures to Strategy

The hierarchical design should be adjusted to strengthen all organizational structures, including decisions, incentives and metrics.

10 Principles of Strategy Setting Through Implementation

• Overcoming Functional Barriers

Stating that great talents always overcome functional obstacles, Metin Liçis added that the interaction between functions is strong and the more it is supported by the company culture, the more effective it will be.

The point is not to be the guardians of the experts, but to build the environment in which they can contribute to the greater whole.

• Becoming an All-Digital Enterprise

Complete digitalization allows to follow products, services and innovations that were not possible before. You can use the advantages in your favor by expanding the range of strategic options.

• Keeping Things Simple

The leaders of many companies now want more simplicity. Programs created in the context of a clear and simple value chain facilitate progress.

• Shaping the Value Chain

By shaping the value chain, the efficiency of other operations working together, including suppliers, distributors, retailers, brokers and even regulators, is increased.

• Developing Collective Mastery

MEtin Liçis, who says that it should not be forgotten, that companies are excessively dependent on their internal rules and procedures for decision making and approval, will slow things down a lot, states that ensuring employees’ trust in each other will bring a high level of fluidity and flexibility to the company. The most important gain necessary to move forward in a volatile economic environment is the spread of collective mastery to the grassroots.

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“The Future Of Individual Banking”.

“The Future Of Individual Banking”.

“The Future Of Individual Banking”.

“The Future of Individual Banking”, according to successful businessman Metin Liçis.

Post-pandemic, he emphasized that, for radical industry reshaping, one has to look at five broad hypothetical scenarios that are forward-looking.

METIN Liçis stressed that there are times when customers can imagine a future where all their financial services are managed through digital wallets, managed by non-bank companies such as Apple, Google and Uber, or another potential future where a handful of mega-banks dominate global markets.

He also went on to say that there will be a future where traditional currency is obsolete and transactions are largely made through cryptocurrencies and digital tokens.

Metin Liçis pointed out that “Looking ahead, it is very clear that there is no clear future for the huge Individual banking sector, on the contrary, there are various possibilities for how the next decade may develop.

Today, Individual banking is at a critical turning point, and he said he is not exaggerating to say that ten years from now, the industry as it is known may become irrelevant.

Five scenarios for the future of Individual Banking

• Front-end revolution.

As embedded finance gains momentum, new players outside the traditional banking industry are taking over the banking “front end” of customer relationships and incorporating financial services into their platforms.

• The winner takes everything.

Stating that it is thanks to a wave of consolidation that it has resulted in several mega banks and fintech companies managing the banking environment, Liçis said that customers are turning to the biggest, most personalized and most convenient platforms, often without any concerns about data privacy or choice.

• Scattered view.

By identifying a clear target segment, the winning players develop a consistent offering to meet the needs of these customers.

“The Future Of Individual Banking”.

• Resurrected, resurrected regulators.

Regulators are expanding their technology and cyber risk capabilities and increasing their monitoring and oversight with the explicit goal of protecting customers. Governments increase barriers to entry as antitrust actions push the industry out. This regulatory burden makes it difficult for banks to innovate, leading to increased standardization of products and services and reduced opportunities for firms to differentiate.

• The rise of the central bank digital currencies.

The steady decline in cash usage, combined with the introduction of digital currencies (CBDCs) at the one hand, has led some major banks and technology firms to maintain their current service offerings by purchasing leading players from the cryptoecosystem in order to compete.

As a result, no matter which scenario dominates, organizations that focus on developing a technology-enabled transformation, creating a data-driven customer focus and building broad-based trust will win the right to compete.

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What Should Be Done to Fill the Skill Gap?