GLOBAL BUSINESS WEEK 2025 (Only for Leaders)

Tuesday, 6 May 2025

Nina Chikvashvili: Leader in Education of Georgia


In the ever-evolving world of education, innovation and leadership play a crucial role in shaping the future of learning. Dr Nina Chikvashvili stands out as a transformative figure in the education sector, redefining private schooling in Georgia and setting new standards for academic excellence. As the founder and driving force behind Progress Schools, she has dedicated her career to ensuring that students receive a holistic, high-quality education that combines both national and international curricula. With a deep commitment to pedagogical advancements, leadership, and global education trends, Ms Chikvashvili has positioned herself as one of the most influential figures in modern education.

Early Life and Motivation

Born in Georgia, Nina Chikvashvili grew up in a time when the Soviet educational system emphasized rigid structures and standardized learning. From an early age, she recognized the importance of alternative learning environments and the need for a more dynamic and student-centered approach to education. Her personal experiences and passion for academic development led her to pursue a career in teaching.

After completing her studies, she began her professional journey as an English teacher, where she introduced innovative teaching methods beyond traditional memorization techniques. She focused on extracurricular activities, interactive learning, and career-oriented education, which gained popularity among students and parents. This period of hands-on teaching experience solidified her belief that education should not only provide knowledge but also prepare students for real-life challenges.

Founding Progress Schools: A New Educational Model

Sunday, 4 May 2025

Warren Buffett: "The time has arrived."

Warren Buffett shook the investment world on Saturday with four words: "The time has arrived."

The investing legend and longtime CEO of Berkshire Hathaway (BRK-BBRK-Amade official this weekend plans to hand over the CEO role at Berkshire to the company's vice chairman, Greg Abel, at the end of the year. Abel was first identified as Buffett's successor in 2021.

At 94, Buffett's pronouncement that he step back from CEO duties — which he will recommend to the board in a meeting set for Sunday — is less a shock than a matter of necessity. Either Buffett or Father Time was going to make a call soon; Buffett took action first.

Preparations for Buffett to leave his post at Berkshire Hathaway, which he's held since 1970, have been underway for years.

Abel and Ajit Jain, who runs Berkshire's insurance operations, were named vice chairmen at Berkshire in 2018. And as far back as 2014, Buffett's longtime right-hand man, Charlie Munger, was writing about these two as potential successors for Buffett.

"Ajit Jain and Greg Abel are proven performers who would probably be under-described as 'world-class,'" Munger wrote. "'World-leading' would be the description I would choose. In some important ways, each is a better business executive than Buffett."
'Calm and decisive'

In his 2014 annual letter, Buffett reflected on the 50 year anniversary of his investment partnership by outlining what would be needed to keep Berkshire going for another 50.

"Managing Berkshire is primarily a job of capital allocation, coupled with the selection and retention of outstanding managers to captain our operating subsidiaries," Buffett wrote.

"Obviously, the job also requires the replacement of a subsidiary’s CEO when that is called for. These duties require Berkshire’s CEO to be a rational, calm and decisive individual who has a broad understanding of business and good insights into human behavior. It’s important as well that he knows his limits."

Saturday, 3 May 2025

World Woman Club created a branch in South Africa

The World Woman Club is an international network dedicated to uniting and empowering successful women leaders from around the globe. Established in 2006 and headquartered in the UK, this nonprofit organisation serves as a dynamic platform for female entrepreneurs, executives, and changemakers to connect, collaborate, and drive positive global impact. 

Mission and Vision
At its core, the World Woman Club aims to foster a supportive environment where women leaders can build meaningful business relationships and friendships. By facilitating networking opportunities and knowledge exchange, the club encourages members to collaborate on initiatives that contribute to societal improvement and global progress. 
 

Friday, 2 May 2025

Global IT Layoffs Surge Amid Rapid AI Advancements (2022–2025)

Global IT Layoffs Surge Amid Rapid AI Advancements (2022–2025)

The global IT sector has experienced significant workforce reductions from 2022 to 2025, primarily driven by the accelerated integration of artificial intelligence (AI) technologies. This trend reflects a broader shift in the industry, where automation and AI are reshaping job roles and organisational structures.

📉 Significant Decline in Tech Employment

Between 2022 and 2024, the tech industry witnessed substantial layoffs:

  • 2022: Approximately 165,000 tech employees were laid off.

  • 2023: Layoffs increased to around 264,000 employees.

  • 2024: By mid-year, over 132,900 tech workers had been laid off.

These figures underscore the growing impact of AI on employment within the tech sector. 

🤖 AI as a Catalyst for Workforce Reductions