Metin Licis
**Conditions for Green Taxes and Incentives to Help Businesses Achieve ESG Goals**
**Conditions for Green Taxes and Incentives to Help Businesses Achieve ESG Goals**
Successful young entrepreneur Metin Liçis discusses how green taxes and incentives can assist businesses in achieving their ESG (Environmental, Social, and Governance) goals:
1-**Role of Green Taxes and Incentives:**
Green taxes tax carbon emissions and environmentally harmful activities, while incentives offer financial advantages to businesses that reduce their carbon footprint. These measures can help businesses align with sustainability goals and improve their financial performance.
2-**Complex Landscape:**
Governments worldwide implement numerous green taxes and incentives related to environmental sustainability. This complexity can make it challenging for businesses to effectively understand and utilize these measures.
3-**Positive Examples:**
Research indicates that there are successful examples of businesses understanding and leveraging the benefits of green incentives.
4-**Lack of Integration:**
Unfortunately, many businesses have not fully integrated green taxes and incentives into their carbon reduction plans. Despite the rise in net-zero commitments, only a minority has included greenhouse gas emissions in their long-term strategies.
5-**Global Carbon Reduction Initiatives:**
Governments utilize taxes and incentives as primary tools to achieve global carbon reduction goals.
**Conditions for Green Taxes and Incentives to Help Businesses Achieve ESG Goals:**
6-**Getting Started:**
Businesses need to understand their carbon footprints and assess the impact of these measures on their operations to begin benefiting from green taxes and incentives.
7-**Country-Specific Benefits:**
Businesses should research and analyze tax and incentive regulations applicable in each country of operation. Different countries may offer different incentives and tax structures.
8-**Case Studies:**
Research provides examples of businesses planning carbon reduction efforts by considering environmental impact, costs, and incentives.
9-**Holistic Approach:**
Taxes and incentives are not just costs; they can contribute to overall business strategies and help create a more sustainable society.
10-**Future Outlook:**
For businesses and governments, prioritizing emission reduction is crucial. Understanding how to cost-effectively achieve environmental goals should be a fundamental component of corporate strategy.
Successful young entrepreneur MEtin Liçis emphasizes the contribution of green taxes and incentives to help businesses achieve their ESG goals and underscores the importance of placing these measures at the center of strategic planning.
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“The Art of Return – Art Applied from Ancient Times to the Present”
“The Art of Return – Art Applied from Ancient Times to the Present”
“The Art of Return – Art Applied from Ancient Times to the Present”
Successful young businessman Metin Liçis explained the art that should be applied from ancient times to the present.
As an example, MEtin Liçis points to Virgil’s Aeneid epic poem, which companies facing crises and transformation leaders can seek inspiration from. Andrea Marcolongo, an Italian journalist and former speechwriter for Prime Minister Matteo Renzi, also considers Aeneid as a work that should be read in difficult times.
The Art of Return – Art Applied from Ancient Times to the Present
In history, Roman Emperor Octavian commissioned Virgil to write the Aeneid. Aeneas, the hero of the story, is a reluctant leader who, when faced with challenges, does not give up and rebuilds everything.
Lessons for transformation leaders can be listed as follows:
– Charting a new course in risky situations and not deviating from the strategy.
– Remembering that competition will be tough when transitioning to new industries.
– Being prepared for challenges when moving the company to new markets.
In this story, just like the Aeneads who, after a long journey, find a new settlement and face challenges there but ultimately succeed…
He concluded his words by saying that this historical epic could be a source of inspiration for leaders in transformation processes.
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**How Climate Adaptation Can Safeguard and Boost Your Business**
**How Climate Adaptation Can Safeguard and Boost Your Business**
**How Climate Adaptation Can Safeguard and Boost Your Business**
Successful young entrepreneur Metin Liçis shared his research findings with young CEOs.
“In the business world, climate adaptation can play a critical role in protecting and fostering our businesses.
The temperature fluctuations experienced in the Northern Hemisphere during the summer of 2023 once again highlighted the serious threats posed by climate change. Not only heatwaves but also natural disasters like forest fires, floods, and storms can adversely affect the business world,” said young entrepreneur MEtin Liçis.
According to the PwC CEO Survey, half of business leaders believe that their companies will be exposed to climate risks in the next five years.
This clearly indicates the need for organizations to cope with climate change and, at the same time, provide resilient solutions.
“When we look at the technology sector, the widespread use of cloud technology reveals that data centers are vulnerable to weather conditions. However, the solution to this problem lies in developing climate-adapted data centers.
This situation means that data centers providing more reliable and uninterrupted services can create growth opportunities by being sold at a competitive price.”
**How Climate Adaptation Can Safeguard and Boost Your Business**
Metin Liçis emphasized that similar innovation opportunities exist in other sectors to deal with the challenges posed by climate risks. Solutions such as alternative construction materials, risk assessment tools, and climate risk insurance are in demand.
However, to take advantage of these opportunities, it is essential to clearly understand our risks and develop strategies accordingly.
Unfortunately, only 17% of CEOs state that they take measures to protect their employees and assets from climate risks.
Climate adaptation not only increases the resilience of our business but also offers innovation and growth opportunities. Leading companies can reduce future economic losses by embracing climate adaptation strategies.
For example, the agricultural sector can reduce water costs by using water-saving seeds. Similarly, buildings designed for the future can reduce costs with energy-efficient solutions equipped with systems that better tolerate heatwaves and fires.
In conclusion, climate adaptation provides businesses with sustainability and a competitive advantage, offering the potential to add value to ourselves and future generations.
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How to Develop an Internal Entrepreneurship Culture?
How to Develop an Internal Entrepreneurship Culture?
How to Develop an Internal Entrepreneurship Culture?
Metin Liçis, a successful young businessman, identified five fundamental building blocks for developing an intrapreneurial culture within an organization.
According to MEtin Liçis, these are:
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**Developing an Inspiring Vision:**
Liçis emphasized the importance of individuals drawing inspiration from the organization’s vision to pursue new opportunities. Particularly for intrapreneurs, he stressed the need to create a narrative that allows them to envision how success can be achieved and to bring this vision to life in the eyes of the employees. He stated that people will only respond when faced with such a compelling vision.
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**Modeling Behaviors:**
Liçis highlighted the importance of exhibiting the behaviors desired from intrapreneurs within the organization. For instance, he explained being an “Active Intrapreneur” by spending more time with customers and colleagues, trying to understand their needs, and focusing on creating new value. This approach, he said, would mobilize the potential within the organization.
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**Eliminating Bureaucracy and Friction:**
Liçis acknowledged that the need to streamline processes may seem obvious but is not easy. He pointed out that large, traditional organizations often get lost in unnecessary meetings, governance, and processes, forgetting to focus on executing the core business and creating new value. Therefore, he explained the importance of creating a checklist to identify obstacles and taking steps to simplify the decision-making process.
How to Develop an Internal Entrepreneurship Culture?
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**Creating a Platform for Opportunities:**
Reiterating the critical nature of the first three building blocks, Liçis emphasized that complementing them with budgets, authority, and empowerment within the organization is equally important. He stressed the necessity for anyone to be able to discover an idea anywhere within the organization and highlighted the importance of focusing on individuals who bring innovative thoughts and challenge common perspectives.
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**Addressing Fears and Adding Value:**
Liçis continued by stating that despite there being more opportunities, some individuals might avoid taking action due to a lack of sufficient encouragement to take risks. He highlighted the fear of failure, rejection, and the lack of recognition for intrapreneurial efforts. He stressed the need for people to feel safe when taking intrapreneurial risks and pointed out the importance of teaching individuals how to use innovation tools and encouraging the development of new business regulations. Additionally, he concluded by stating the importance of intrapreneurs having the opportunity to gain benefits from the results of their efforts.
According to Liçis, these five building blocks will help in developing the mindsets, skills, and practices necessary for fostering an intrapreneurial culture within an organization.
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The Second Age of Fundamental Technologies
The Second Age of Fundamental Technologies
The Second Age of Fundamental Technologies
Narrated by the successful young businessman Metin Liçis, this topic indicates a period that occurred between 1890 and 1920, during which innovations that fundamentally changed the world are happening once again.
During this period, the widespread adoption of fundamental technologies like electrification, the telephone, radio, and the automobile transformed societies and radically changed life. However, these innovations also came with social and economic challenges.
Similarly, today we are experiencing a major wave of innovation with technologies like the iPhone, cloud computing, artificial intelligence, and CRISPR. These technologies are fundamentally altering our lives and modernizing existing industries. While opportunities and innovations are on the rise during this period, confusion and crises are also inevitable.
The Second Age of Fundamental Technologies
MEtin Liçis emphasizes how technological changes can transform the business world and what preparations are needed to succeed during this period. Innovative ideas, digital transformation, and adaptation will be the keys to success during this time. However, it is also essential to consider the challenges brought about by technological changes and to come up with solutions for a sustainable future.
In conclusion, according to Metin Liçis, in this era filled with technological innovations, business individuals who can adapt to change, are flexible, and have a vision will have a significant advantage. Businesses that embrace innovative ideas and keep up with technological developments can increase their chances of success during this period. However, it’s equally important not to overlook the necessity of dealing with the challenges posed by this period and creating solutions for a sustainable future.
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**How to Make Environmental, Social, and Corporate Governance (ESG) a Strategic Asset**
**How to Make Environmental, Social, and Corporate Governance (ESG) a Strategic Asset**
**How to Make Environmental, Social, and Corporate Governance (ESG) a Strategic Asset**
Successful entrepreneur Metin Liçis has stated that “CEOs can advance their concerns regarding environmental, social, and governance (ESG) by considering them as more than just a compliance obligation.”
MEtin Liçis emphasizes that today, boards of directors and the media talk a lot about the importance of ESG (Environmental, Social, and Governance) criteria, and he wonders what CEOs really think about ESG.
According to surveys like “PwC’s Annual Global CEO Survey” with over 4,000 participants, only 22% of them have committed to achieving net-zero. It is evident that the trend is to prioritize value creation over sustainability commitments.
Liçis stated that some CEOs recognize that more transparency and a commitment to improving ESG measures will enhance stakeholder trust, increase valuations, and create more sustainable organizations. He highlighted that these CEOs prefer to work as a team to find the best way to progress in the future.
**How to Make Environmental, Social, and Corporate Governance (ESG) a Strategic Asset**
Thinking of ESG as a strategic weapon rather than a compliance pressure and acting accordingly appears to be a promising approach to help leaders advance their businesses.
**Prioritizing Actions**
Leaders can ensure that their teams understand where to focus their energy and provide them with the tools to incorporate these values into their daily activities. One problem all companies face is the lack of a standardized approach to addressing these issues.
Leaders who achieve results pause to ask, “Which ESG-related actions will truly make a difference for our strategic goals and stakeholders?”
**Looking Inward**
Liçis emphasizes the importance of encouraging leaders to look inward. He stated that when CEOs actively listen to their employees as well as their trusted customers and partners, significant measures emerge.
To achieve results, leaders must ask themselves, “How should we measure ourselves in terms of ESG?” or “Where will improving ESG make the most significant difference for our employees and our strategy?”
**Key questions we need to answer regarding ESG include:**
- How should we evaluate ourselves regarding ESG?
- Where will improving ESG make the most significant difference for our employees and our strategy?
- To what extent can we commit to ESG criteria that will evolve with our company?
Liçis concluded that answering these questions will help leaders prioritize specific and meaningful actions that will make a difference in their organizations.
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** Beyond Working Hours: How Time Perception Can Impact Productivity?**
** Beyond Working Hours: How Time Perception Can Impact Productivity?**
** Beyond Working Hours: How Time Perception Can Impact Productivity?**
While it is often claimed that “watching the clock” decreases performance, optimism about the future seems to have the opposite effect, and managers who understand this can enhance engagement.
Successful Young Entrepreneur Metin Liçis emphasizes that what psychologists and neuroscientists call time perception is an excellent indicator.
MEtin Liçis points out that clocks measure objective time, but individuals gauge and value it uniquely through their own perception.
Liçis adds that personal, internal, and entirely subjective time experience is brought together by collaborative neural and perceptual systems, less complex than a finely crafted clock but potentially impacting workplace performance.
** Beyond Working Hours: How Time Perception Can Impact Productivity?**
**Influence on Performance:**
Liçis explains that time perception probably affects workplace performance, and certain aspects of personalities might influence how time is perceived. He suggests that understanding internal structures is crucial.
**Tips for Utilizing Time Perception:**
So how can we use the knowledge of how to perceive time to our advantage and be happier and more productive?
- **Minute by Minute:**
While a minute might not seem long, counting each minute in a slow workday can make it feel endless. The perception of time flowing too slowly is associated with monotony or boredom, negatively impacting task performance.
- **Take a Break:**
Since time perception is linked to deep-rooted psychological factors, taking a short break can positively influence it. Even a brief 10-minute break can be effective, offering employers opportunities for creative solutions.
- **Shaping the Future:**
Long-term time perspective, or how individuals guide themselves over a more extended period, can impact productivity and commitment.
Liçis mentions that individuals with a more positive outlook on the future tend to exhibit higher job satisfaction and commitment.
Also Liçis encourages employers to consider researching how their employees think about time. Understanding their time perception and perspective is another way to comprehend how they think, what they value, and consequently, how they can perform at their best.
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“Rising to Leadership by Making Your Voice Heard”
“Rising to Leadership by Making Your Voice Heard”
“Rising to Leadership by Making Your Voice Heard”
Based on his research, young entrepreneur Metin Liçis shared some tactics that promising leaders can use to prove they are ready for the next challenge.
While the transition to leadership can be exciting for some, MEtin Liçis emphasized that for others, the freedom that leadership brings can be overwhelming. He mentioned that his advice is based on discussions, insights gathered, consultations, and readings.
Liçis suggested that individuals should start by proving themselves as managers, then progress to higher roles to increase their impact, and finally, make fundamental mindset changes.
Here are some of the best tactics for making your voice heard:
**It All Starts with Asking:**
- If you want a job, ask for it.
“You might not have been invited to the table when decisions were made, but aggressively go after what you want.”
This may sound like overkill and something you would never feel comfortable doing. He advises many people to ask for a job and not be so assertive that it makes them uncomfortable to say they want the job.
- **Clarify Career Goals for Your Boss:**
While focusing on performing your current role, be open about your next step without appearing too eager or unrealistic.
Clearly state, “In general, this is the direction I want to go. If there was an opportunity to do this, I’d like to be considered. I want to do tasks and things that prepare me for this.”
“Rising to Leadership by Making Your Voice Heard”
- **Make a Case for What You Want:**
This is not just about going to a meeting and asking for a raise or promotion. How do you ensure you get the job or raise you deserve?
And it should not be forgotten that it is not only the boss who needs to be convinced; the goal is to give them the details so they can go and sue their boss and HR on your behalf. Keep the conversation grounded in facts. What did you achieve? How has your work helped drive the business? Can you point to concrete ways you add value?
This is ultimately the key to negotiation – shift the focus away from what is wanted and instead point to external scoreboards and metrics that show what is deserved based on what has been done.
When bargained for more, they may be treated with more respect rather than less consideration.
- **Learn the Art of Honking the Horn:**
Add a bit of topspin to your success by saying, “I’ve learned a lot from finishing this project.” Ensure you inform your boss of your official goals for the next year and continue to provide documents showing what has been accomplished during regular performance reviews and updates.
**Finally, Gain a Reputation as a Problem Solver:**
Companies and bosses have problems. Be ready to take on these problems or “challenges,” and you will rise quickly. You might not know how to solve the problem immediately, but be sure you can solve it.
He concluded by saying, “Do this consistently, and you’ll be promoted faster than you expected.”
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Are Investments Providing a Fair Transition?
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:
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**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.
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**Decarbonization Commitment:**
The necessity for financial institutions to collaborate with high-emission activities to support decarbonization, having a significant impact.
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**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?
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**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.
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**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:
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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.
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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.
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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
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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.
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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.
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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.”
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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.
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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:
- Cyber Risk,
- supply chain risk and
- 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.
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**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.
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**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.
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**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:
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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:
- 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.
- Pay attention to details, so check the accuracy of your work.
- In virtual meetings, be as present on the screen as possible.
- Be overly communicative and accept and respond to every email you receive. Be clear about what you will do and when.
- Ask questions. Don’t assume you know the answers.
- 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.
- Don’t just do what is asked of you. Add value to the work. For example, suggest alternative approaches.
- Improve the team. Look for opportunities to assist colleagues and supervisors.
- Remember that every job is a mix of things you like and dislike.
- 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
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