⚡Power Moves #1
For over 5 years, HolonIQ has been tracking leaders, academics, experts, and influencers across the global impact economy.
Now we're kicking off 2024 with a new weekly newsletter for data-driven, global leaders who want to understand trends in strategic industries.
This Week's Topics
- 🗺️ People Map
- 🧑💼 CEO Moves
- 🧑💻 Technology Moves
- 🧑🎓 Academic Moves
- 🏛️ Government Moves
- 📰 Leadership Notes
- ☑️ Election Watchlist
Have feedback or ideas for us? Just hit reply — we'd love to hear from you!
🗺️ People Map
This week's People Map explores the Education Industry, highlighting individuals investing in the sector. Our map consists of 133 people with 45.1% of them being female Investors. A vast majority of the Investors were found to be from the North American region followed by Europe & Central Asia and East Asia & Pacific regions respectively. Within the Investor map, some distinctive titles can be seen. 6.8% of the map consists of organization founders. It also consists of ‘Experts’ and CFOs each accounting for 2.3%, and CEOs have the smallest representation. In this particular map the Experts found were a Data Scientist, a Researcher, and a Head of Finance.
🧑💼 CEO Moves
🇮🇳 The largest ports and logistics company in India, Adani Ports and Special Economic Zone Ltd. (APSEZ) has promoted CEO Mr. Karan Adani to Managing Director. Mr. Gautam Adani, previously held this position and now has been appointed as APSEZ's Executive Chairman.
The board also appointed Mr. Ashwani Gupta, a former global Chief Operating Officer of Nissan Motors, as the new Chief Executive Officer of APSEZ.
🧑💻 Technology Moves
🇨🇳 David Wallerstein, the chief exploration officer of Tencent Holdings Ltd., is stepping down from his managerial position. Tencent is facing continued pressure from China to restrict its access to gaming, entertainment, and technology companies. As of January 1st, Wallerstein will take over as a senior adviser.
🇨🇳 Ant Group, the Chinese fintech powerhouse, has taken a significant step in restructuring its operations after canceling its initial public offering more than three years ago. Jack Ma is no longer the company's largest stakeholder. The Ant Group stated in January 2023 that Ma would cede control of the business, at which point it would have a diverse ownership structure devoid of any controlling individuals. However, after about a year, the Group completed the process of removing controlling shareholders. In the past, Ma controlled Ant by keeping the ability to veto decisions made in a partnership framework.
🇺🇸 With effect from February 1st, Intel Corporation has appointed Justin Hotard as Executive Vice President and General Manager of its Data Center and AI Group (DCAI). He will be in charge of Intel's entire line of cloud and enterprise data center products, which includes accelerators, graphics processing units (GPUs), and processors from the Intel® Xeon® family. Additionally, he will be crucial in pushing the company's goal of implementing AI everywhere.
🧑🎓 Academic Moves
🎓 Claudine Gay, the president of Harvard University, resigned following accusations of plagiarism and backlash over her remarks regarding antisemitism on campus. She was the second woman and first Black person to be appointed president of an Ivy League university, and she held the position for six months. In the 388-year history of the university, her term was the shortest.
A labor market economist who won the 🏆Nobel Prize has advised the next generation not to overindulge in STEM (🔬science, 🧑💻technology, 🧑🔬engineering, and ➕mathematics) courses since "empathetic" and creative thinking would be more useful in an artificial intelligence-dominated future. An economics professor at The London School of Economics, Christopher Pissarides, stated that employees in some IT fields run the risk of planting "their own seeds of self-destruction" as AI advances and eventually replaces their positions.
🏛️ Government Moves
🇺🇸 Prosecutors stated in a revised indictment of New Jersey Democrat US Senator Bob Menendez that Menendez accepted payments to support Qatar and a developer looking to get millions of dollars from a Qatari investment fund. According to the indictment, developer Fred Daibes offered developer Menendez bribes in the form of cash and gold bars in exchange for an investment from the Qatari firm. In exchange, Menendez allegedly took action in favor of Qatar.
🇨🇳 Admiral Dong Jun was appointed as the Minister of National Defense after the position had been vacant for two months. President Xi also appointed Admiral Hu Zhongming as the overall commander of the PLA Navy days before Dong’s appointment. These appointments indicate Xi's priorities and Taiwan tops among them.
🇮🇱 As part of a prearranged ministerial rotation, Eli Cohen will become Minister of Energy after the Israeli government authorized the nomination of a new foreign minister. Yisrael Katz will take over as minister of foreign affairs, and Cohen will remain a member of the security cabinet.
📰 Leadership Notes
What matters most? Eight CEO priorities for 2024
Suddenly Doom & Gloom?
https://www.kornferry.com/insights/this-week-in-leadership/suddenly-doom-and-gloom
Want to Be a Better Leader? Stop Thinking About Work After Hours.
https://hbr.org/2024/01/want-to-be-a-better-leader-stop-thinking-about-work-after-hours
☑️ Election Watchlist
Over half of the world's population—4.2 billion people spread over about 65 countries—will cast their votes in 2024. Among them are eight of the ten most populous nations in the world, including the United States, Mexico, India, and Russia. There has never before been a phenomenon like this in a single year.
This is the 🗓️election calendar for 2024 so you can be aware of the major events that could influence global politics and democracy in the future.
January
🇧🇩 Bangladesh, Parliament (7 January)
🇧🇹 Bhutan, National Assembly (2nd round) (9 January)
🇹🇼 Taiwan, President and Parliament (13 January)
🇫🇮 Finland, President (28 January)
February
🇸🇻 El Salvador, President, and Parliament (4 February)
🇦🇿 Azerbaijan, President (7 February)
🇵🇰 Pakistan, National Assembly (8 February)
🇮🇩 Indonesia, President and Parliament (14 February)
🇧🇾 Belarus, Parliament (25 February)
🇸🇳 Senegal, President (25 February)
March
🇮🇷 Iran, Parliament (1 March)
🇮🇪 Ireland, Constitutional Referendums (8 March)
🇵🇹 Portugal, Parliament (10 March)
🇷🇺 Russia, President (15–17 March)
April
🇰🇷 South Korea, Parliament (10 April)
May
🇵🇦 Panama, President and Parliament (5 May)
🇱🇹 Lithuania, President and Constitutional Referendum (12 May)
🇩🇴 Dominican Republic, President, and Parliament (19 May)
June
🇮🇸 Iceland, President (1 June)
🇲🇽 Mexico, President, Senate and Chamber of Deputies (2 June)
🇧🇪 Belgium, Parliament (9 June)
🇲🇷 Mauritania, President (22 June)
🇲🇳 Mongolia, Parliament (28 June)
July
🇷🇼 Rwanda, President and Chamber of Deputies (15–16 July)
October
🇲🇿 Mozambique, President and Parliament (9 October)
🇺🇾 Uruguay, President and Parliament (27 October)
November
🇺🇸 United States, President, Senate, and House of Representatives (5 November)
🇵🇼 Palau, President and Parliament (12 November)