Latest news with #TalentDevelopment
Yahoo
21 hours ago
- Business
- Yahoo
Schlaupitz Madhavan Welcomes Margi Fox as Chief Human Resources Officer to Drive Growth and People-Centric Innovation
TROY, Mich., August 07, 2025--(BUSINESS WIRE)--Schlaupitz Madhavan, recognized as one of Michigan's Top 25 Accounting Firms, is thrilled to welcome Margi Fox as Chief Human Resources Officer (CHRO). A seasoned HR executive with over 20 years of experience, Fox will lead the firm's human resources strategy, driving talent development, and operational excellence as Schlaupitz Madhavan continues its expansion. Fox brings deep expertise in strategic HR leadership, having worked internationally across industries including real estate, manufacturing, and fintech. Her track record includes spearheading large-scale transformations, optimizing people operations, and fostering high-performance workplace cultures. She has held senior leadership roles at a real estate investment trust (REIT), a high-growth fintech company, and a Tier 1 automotive supplier in the U.S. and Brazil. "At Schlaupitz Madhavan, we believe that people are the foundation of success, both within our firm and for our clients," said Ron Schlaupitz, Founder and Managing Partner at Schlaupitz Madhavan. "Margi's leadership will elevate our approach to talent development and workplace culture, ensuring we remain a firm where top professionals thrive." Fox's immediate focus will be strengthening Schlaupitz Madhavan's internal HR strategy, "I'm excited to join a firm that understands the direct impact of strong HR strategy on business success," said Fox. "Schlaupitz Madhavan has built an incredible reputation for guiding emerging and established companies alike. I look forward to fostering an environment where both our team members and clients can reach new heights." Fox holds a Master's in Labor and Human Resources and a B.A. in Psychology from The Ohio State University. She is a Certified Lominger Leadership Architect, an AchieveGlobal Certified Facilitator, and a Registered ISO 9000 Lead Auditor. Outside of work, Fox enjoys an active lifestyle, including boot camp workouts, hiking, and biking. A lifelong learner and Ohio State football fan, she and her husband live in Metro Detroit and spend time restoring their Grand Traverse Bay hobby farm. For more information about Schlaupitz Madhavan, visit About Schlaupitz Madhavan Schlaupitz Madhavan is a full-service advisory firm committed to the success of emerging businesses with expert tax, audit, and business advisory services. Recognized as one of Crain's Top 25 Accounting Firms, the firm continues to expand its focus on talent and organizational strategy, helping companies unlock their full potential through people-first solutions. View source version on Contacts Media Contact:Heather DominiakSMCPA CommunicationsConsultant email: Heather@ Phone: 917.755.1323
Times of Oman
31-07-2025
- Entertainment
- Times of Oman
Clubs Competition for Cultural Creativity in Dhofar concludes
Salalah: T he tenth edition of the Clubs Competition for Cultural Creativity concluded on Thursday at the Sultan Qaboos Youth Compound for Culture and Entertainment in Salalah. The event was organised by the Directorate General of Culture, Sports and Youth in Dhofar Governorate. Dr. Hamid Ali Al Mashaikhi, Director of the Culture Department at the Directorate, delivered a speech emphasising that the competition reflects the Ministry's commitment to nurturing young talents, developing creative skills, and empowering participants to actively contribute to the cultural scene in the governorate. At the conclusion of the event, Moosa Abdullah Al Qasabi, Director General of Culture, Sports and Youth in Dhofar Governorate and the patron of the ceremony, honored the heads of youth committees from Dhofar's clubs, first-place winners across various competition categories, as well as supporting organizations and individuals who contributed to the event's success. It is worth noting that the Clubs Competition for Cultural Creativity aims to strengthen institutional work within clubs, discover and refine young talents, and promote national values through literary, cultural, artistic, technical, and sporting fields. These include classical and traditional poetry, debates, visual arts, music, innovation and entrepreneurship, e-sports, and sports commentary.
Yahoo
10-06-2025
- Business
- Yahoo
Skillsoft Corp (SKIL) Q1 2026 Earnings Call Highlights: Navigating Challenges with Strategic ...
Total Revenue: $124.2 million, down 2.8% year over year. Talent Development Solutions (TDS) Revenue: $99.1 million, up 1% year over year. Global Knowledge Revenue: $25.1 million, down 15.7% year over year. Adjusted EBITDA: $22.1 million, 17.8% of revenue, up from $18.9 million in the prior year. Net Loss: $38 million, compared to $27.6 million in the prior year. Adjusted Net Income: $2.5 million, compared to an adjusted net loss of $390,000 in the prior year. Free Cash Flow: $26.2 million, an improvement of $15.8 million from the prior year. Cash and Cash Equivalents: $131 million at quarter-end. Total Gross Debt: $580 million at the end of Q1. Total Net Debt: Approximately $449 million, down from $477 million at the end of the fourth quarter. Fiscal Year 2026 Revenue Guidance: $530 million to $545 million. Fiscal Year 2026 Adjusted EBITDA Guidance: $112 million to $118 million. Fiscal Year 2026 Free Cash Flow Guidance: $13 million to $18 million. Warning! GuruFocus has detected 6 Warning Signs with SKIL. Release Date: June 09, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Skillsoft Corp (NYSE:SKIL) experienced growth within its Talent Development Solutions (TDS) segment for three consecutive quarters, indicating a positive trend in this area. The company delivered improvement in adjusted EBITDA and free cash flow, showcasing enhanced profitability and financial health. Skillsoft Corp (NYSE:SKIL) is actively investing in its business, with expectations of positive free cash flow and top-line growth for the full fiscal year. The company expanded its leadership team, including the appointment of a new Chief Financial Officer and Chief Marketing Officer, which is expected to strengthen execution and strategic focus. Skillsoft Corp (NYSE:SKIL) continues to expand its product offerings, including enhancements to its AI capabilities and the launch of new features like the Percipio certification dashboard, which are expected to drive learner engagement and differentiation. Skillsoft Corp (NYSE:SKIL) faced macroeconomic uncertainty, leading to lower discretionary spending by customers and elongated decision-making processes, impacting revenue. The company's Global Knowledge revenue declined by approximately 15.7% year over year, primarily due to softer demand within the US public sector. Total revenue for the first quarter was down approximately 2.8% year over year, indicating challenges in maintaining growth across all segments. The company experienced a GAAP net loss of $38 million in the first quarter, compared to $27.6 million in the prior year, reflecting ongoing financial challenges. Skillsoft Corp (NYSE:SKIL) anticipates a reversal of its strong first-quarter free cash flow performance in the second quarter due to seasonality and timing of collections and disbursements. Q: What gives Skillsoft confidence in reiterating its full-year target despite macro uncertainty and elongated sales cycles? A: John Frederick, CFO, explained that Skillsoft's Talent Development Solutions (TDS) segment has shown growth for three consecutive quarters, providing confidence. The Global Knowledge (GK) segment, despite a decline, has a strong deal pipeline and recurring relationships that offer visibility. Assuming market stabilization, Skillsoft decided to reaffirm its P&L guidance. Q: How does Skillsoft plan to manage the business dynamics and achieve its reiterated guidance? A: Ronald Hovsepian, CEO, noted that discretionary spending, particularly in live learning and coaching, was impacted. However, the last month of the quarter showed positive trends, boosting confidence. The company aims to adapt to market uncertainties as part of the new normal, similar to how it managed during COVID-19. Q: What is the next phase for Skillsoft after stabilizing the business? A: Ronald Hovsepian emphasized that the focus is on executing the current year's plans and then accelerating growth. The strategic direction is set, and the company is concentrating on product plans, go-to-market strategies, and sales coverage. The goal is to enhance marketing and sales capabilities to drive future growth. Q: Can you provide insights into the strong free cash flow performance in Q1 and expectations for the rest of the year? A: John Frederick highlighted that Q1 benefited from strong cash collections and timing of disbursements. While Q2 is expected to see a reversal of some benefits, the company remains on track for its full-year free cash flow expectations. The strong Q1 performance was primarily driven by seasonality and effective cash management. Q: How is Skillsoft addressing the softness in government spending, particularly in the US federal sector? A: Ronald Hovsepian noted that discretionary spending in the federal sector impacted live learning revenue. However, there is positive activity in European public sectors. The company is closely monitoring the situation, especially regarding workforce reductions, and remains steady in its approach to government business. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Zawya
28-05-2025
- Business
- Zawya
National Finance honoured with ‘Best Work Culture of the Year' title at Oman Career Fair 2025
Muscat: In recognition of its exceptional efforts in fostering a dynamic and employee-centric work environment, National Finance, the Sultanate of Oman's leading finance company, was awarded the prestigious 'Best Work Culture of the Year' accolade at the 2nd edition of the Oman Career Fair. Ms. Marwa Al Kharusi, Chief People Officer – General Manager at National Finance, graciously accepted the award on behalf of the company. The event, held on 28–29 May at the Oman Convention and Exhibition Centre under the theme 'Empowering and Enhancing Talents', aligned closely with the aspirations of Oman Vision 2040. This honour underscores National Finance's commitment to cultivating a culture of innovation and growth, where employees are empowered to thrive. As a strategic partner of the event, the company further demonstrated its dedication to supporting national talent development and contributing meaningfully to the nation's economic advancement. The Oman Career Fair stands as the nation's leading platform for developing local talent and aligning workforce capabilities with the evolving demands of the labour market. The 2025 edition convened key stakeholders from the public and private sectors, government entities, and aspiring jobseekers in a collaborative environment focused on bridging the gap between education, skills, and career pathways. Throughout the two-day event, National Finance engaged with students, graduates, and professionals, sharing valuable insights into the financial services sector, while showcasing its prowess in employee engagement, emphasizing the critical role of a positive and supportive workplace culture in enhancing productivity and overall employee satisfaction. Commenting on the achievement, Mr. Tariq Sulaiman Al Farsi, Chief Executive Officer at National Finance, stated: 'We are deeply honoured to be recognized for the 'Best Work Culture of the Year' at the Oman Career Fair. At National Finance, we remain committed to fostering a workplace where employee fulfillment and satisfaction are paramount. We strive to equip our team with the tools, resources, and opportunities needed for continuous personal and professional development.' He added, 'Our support for the Oman Career Fair 2025 reflects our strong belief in the vast potential of Omani youth and the importance of empowering them to thrive in an evolving economic landscape. Young Omanis have a vital role to play in shaping a resilient, innovative, and sustainable future. It is through their ambition, creativity, and dedication that the goals of the nation's long-term development vision will be achieved.' At National Finance, employees are recognized as the driving force behind the company's success. Through a structured approach to engagement, the organization has implemented a variety of initiatives designed to support talent development and foster a culture of collaboration. From skill-building workshops to personal growth programs, staff are continually empowered to expand their capabilities and pursue meaningful career progression. Beyond professional development, National Finance also champions environmental and social responsibility within its workforce. By encouraging sustainable practices and community involvement, the company inspires employees to contribute to a broader purpose—creating lasting impact both within the organization and in the communities it serves. National Finance's support for the Oman Career Fair 2025 underscores its dedication to sustainable development through impactful capacity-building initiatives. By investing in the growth of national talent and fostering local capabilities, the company continues to play a pivotal role in shaping a skilled, resilient, and future-ready workforce, contributing to the long-term progress of nation's economy.
Zawya
21-05-2025
- Business
- Zawya
Abu Dhabi Investment Office announces new talent programmes to develop Emirati industrial sector leaders
Abu Dhabi: The Abu Dhabi Investment Office (ADIO) has launched a set of new talent development programmes designed to accelerate Emirati leadership across high-impact industrial roles. Announced during the Make it in the Emirates Forum 2025, the initiatives form a core pillar of Abu Dhabi's long-term industrial strategy, equipping the national workforce with critical capabilities in AI, Industry 4.0 and sustainable manufacturing. These new pathways are designed to prepare UAE nationals for high-value roles and leadership positions, driving innovation and productivity across the emirate's manufacturing landscape. ADIO's new talent programmes support the Abu Dhabi Industrial Strategy 2031 and signal a decisive move to anchor world-class skills within the local workforce, powering Abu Dhabi's rise as a global hub for future-defining industries. To bridge the gap between training and employment, ADIO is partnering with the UAE Ministry of Industry and Advanced Technology (MoIAT) to host a dedicated Industrialists Career Fair during the Make it in the Emirates Forum. With the aim of directly placing over 100 Emiratis into strategic roles within Abu Dhabi's industrial sector, the initiative is part of a broader push to deepen national participation in the emirate's economic transformation. In collaboration with Rabdan Academy, one of Abu Dhabi's leading academic institutions for safety, security, defence, emergency preparedness and crisis management, ADIO also plans to deliver an Upskilling Talent Development Programme for more than 100 Emiratis currently employed in the industrial sector. This initiative is designed to enhance professional growth, boost productivity and build a robust career path for UAE talent at all levels. A cornerstone of the launch is the Industry 4.0 and Sustainability training programme, developed in partnership with EDGE Learning Innovation Factory and TÜV SÜD. This hands-on, globally accredited programme will focus on automation, digital systems and sustainable production, creating a pipeline of highly skilled Emiratis to lead in next-generation manufacturing. It is expected to create 1,000 new employment opportunities for UAE nationals by 2031. Mohammad Al Kamali, Chief Industry & Trade Officer, ADIO, said: 'Our talent programmes are a direct investment in the next generation of nation-builders. By embedding critical skills within our workforce and unlocking global pathways for talent, we are reinforcing Abu Dhabi's competitive advantage and enabling UAE nationals to lead the future of industrial advancement, not just locally, but globally.' ADIO's programmes represent a strategic approach anchored in sustainable industrial growth, powered by local expertise. Abu Dhabi is building a resilient, export-driven economy driven by knowledge, fuelled by innovation and led by national talent, forming the foundation of the emirate's diverse economic future.
