Day: March 10, 2023

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Keri Laine Executive Solutions Launches InRoads Podcast Featuring top CEO’s

Think And Act Like a CEO: Keri Laine Executive Solutions launches InRoads Podcast Featuring top CEOs. 

Top-shot business strategist Keri Laine launches InRoads, a leadership coaching podcast with elite business leaders to inspire private equity and venture capital firms, large corporations CEOs, and other business leaders to shift paradigms, think differently, and develop a business mindset.

InRoads Podcast, hosted by Keri Laine Executive Solutions founder, Keri Laine launches online. InRoads, a podcast that features a series of talks with entrepreneurs and elite business leaders focus on discovering and learning their roadmaps and journey to global success with the hope of inspiring those looking to forge their paths

For business leaders and CEOs, the podcast featuring successful business people is a great resource for information, motivation, and networking opportunities because they open up about their struggles and triumphs along the road to success in the corporate world. CEOs can acquire a competitive edge and help their companies achieve better success by investing the time to listen to and learn from these podcasts. Keri Laine is a qualified change manager and executive leadership development coach. At both public and commercial businesses of varied sizes, Keri has held C-level positions. She has also focused on assisting technology, manufacturing, and engineering companies to disrupt their industries with global, inventive success for the past fifteen years. A former global chief-level executive that has taken three organizations public, she believes a strategic change through executive coaching via the InRoads podcast helps Founders, and CEOs build a business mindset that helps them become stronger, build efficient teams, and create frameworks for success to scale their business for massive growth.

The most recent episode featured Former Pro Basketball player and founder of Athlete Connections Foundation, Dan Cross Jr., and has also featured Jeff Faine, Dr. Tariq, Rick Goings, and others all of which are available on the website. InRoads is a platform that enables business leaders to share leadership advice and share experiences of their journey to success in the corporate world and life in general. Hearing stories of success can inspire and motivate CEOs to push themselves and their organizations to new heights. By listening to the experiences of others, CEOs can gain the confidence and inspiration they need to take risks and pursue new opportunities.

InRoads Podcast is a subsidiary of Keri Laine Executive Solutions, a leading firm that helps private equity and venture capital firms maximize profits by developing strong leaders, building efficient teams, and creating frameworks for success. InRoads Podcast hosted by Founder, Keri Laine hosts conversations with business leaders where guests discuss their career journey and the audience learns how they paved their way and discover the roadmaps they used on their journey

For more information visit www.kerilaine.com

 

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Business Human Resources Professional Services Services U.S

Keri Laine Executive Solutions Is Making Waves In The Private Equity and Venture Capital Space.

Orlando FL, April 3rd, 2023: Keri Laine Executive Solutions, a preeminent firm is making significant impacts on private and venture capital firms by helping them maximize profits, realize faster rates of returns, and offer value creation. The firm focuses on the executive team and talent aspects of deals pre, during, and post due-diligence as companies look to raise capital, prepare to go public, or if they are merging or acquiring. 

Keri’s team has deep experience in evaluating leadership capabilities, developing effective leaders, building productive teams, and creating frameworks for success. 

Keri Laine Executive Solutions utilizes a platform that ties the predictability of the executive team’s success to specific metrics driven by action plans. This is a key differentiator for investors to determine how best to leverage their investment dollars with a data-backed decision-making model.

The data-driven process aims to take the subjectivity out of decisions related to talent and people at various stages in a transaction.. This provides more transparency, and predictability for success. It also creates more precise outcomes in the financial modeling of a deal, helping founders, boards, and executive teams frame their value propositions when presenting their business cases to potential investors. 

According to Keri Laine “At a time when the quality and the diligence of a deal is a competitive advantage, our platform, methodology, and applied frameworks provide significant insight and greater confidence in each decision. This sets firms or founders who hire us miles ahead of others. It enables all sides of the event to make faster decisions that are rooted in more objectivity, have higher validity, and allow there to be collective agreement gained during diligence that leverage the talent of an organization at the right time – ahead of time. We accelerate the process, we generate value within the deal outcomes, we are a risk aversion, and we save millions of dollars by avoiding unforeseen potholes or pitfalls of a deal, specifically related to talent”. 

Keri Laine Executive Solutions helps investors, venture capitalists, and private equity firms maximize profits by developing strong leaders, building efficient teams, and creating frameworks for success. They do this by developing and implementing talent strategies for their clients. 

Keri Laine Executive Solutions’ fundamental mission is to assist in accelerating their client’s journey to profitability. 

The founder, Keri Laine, is a former global chief-level executive, a certified executive coach, and a proven business strategist in the entrepreneurial and investor space. She has coached more than 200 top executives and entrepreneurs, helping them disrupt their sectors with innovative success across the globe. She has taken three companies public, and been a part of dozens of mergers and acquisitions worldwide. 

Keri has led organizations through employee growth of 100 to 4,000, both public and private, with revenue stages from $40m to $5.6b. 

For more information about Keri Laine Executive Solutions, you can visit www.kerilaine.com.

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Finance Financial Market Living Real Estate World

Dubai’s Luxury Home Sale Booming; Ranked Fourth Globally

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Dubai’s prime residential market has been ranked fourth globally as sales of ultra-luxury residences continue to soar amid a resilient economic recovery. 

Citing a 2023 Wealth Report, Middle East Eye reported that this year, Dubai is poised to lead the world’s luxury property market, with prices rising by a whopping 13.5%.

Dubai’s Luxury Property

With the meteoric increase in ultra-luxury home sales, Dubai has landed just behind New York with 244 home sales, Los Angeles with 225, and London with 223 (in terms of the $10M-home sales).

For $25M-home sales, Dubai ranked fifth, just behind London with the highest number of 43 sales, New York with 43, Los Angeles with 39, and Hong Kong with 28.

In 2022, Dubai racked up around 219 sales worth roughly $10 million or above, compared to 93 in 2021—a jump of a staggering 135%. 

The collective transaction is predicted to be over $3.8B. 

The sale of luxury properties—more specifically, villas and “trophy” apartments—has witnessed a massive boom in Dubai, with the city’s upmarket neighbourhoods recording the best performance.

For example, despite the price for opulent residences spiralling upward, the uber-luxury neighbourhood of Palm Jumeirah is cementing its iconic status in the luxury residential market, chalking up the highest home sale in 2022.

The price of a villa in the city’s exclusive enclaves has soared by almost 80% on average since the onset of the COVID-19 pandemic.

Emirates Hills, Palm Jumeirah, and Jumeirah Bay Island are marked as the prime residential neighbourhoods of Dubai.

With the Dubai luxury market seeing a massive influx of elites preferring contemporary interior designs, the demand for high-end interior design studios like Accouter is getting a push in Dubai. 

By bringing out the best of both worlds—interior architecture and design—a high-end interior design company can turn a space into a unique, timeless environment. 

Reasons Behind Dubai’s Luxury Home Sale Boom

Even though the increasing inflation rate and tough economic headwinds have caused a massive downturn in the residential market in the West, the Emirate’s luxury market is poised to see substantial growth this year.

Awash with luxury villas, penthouses, and exclusive hotels combined with excellent safety, climate, and unparalleled sun-sea-sand lifestyle—Dubai has now become the preference of ultra-high-net-worth buyers.

The city has long been synonymous with opulence, thus making a reputation for itself as the stomping ground of the ultrarich.

Additionally, the city has been marked as one of the world’s most ‘affordable’ luxury residential markets, with most prime homes transacting for only $870/sq. ft on an average.

UAE’s affordable mortgage plans, a tax-free regime, and ease-of-doing business are the key incentives for wealthy buyers around the globe to snap up properties in Dubai.

Additionally, the country’s excellent management of the COVID-19 pandemic has sparked a tremendous comeback making luxury property sales skyrocket.

More recently, the city’s prime residential market is witnessing wealthy buyers from Russia flocking to Emirates as sanctions drive oligarchs out of Europe. 

Property agents predict at least 100,000 Russians have settled down in the UAE since the onset of the Russian invasion of Ukraine, which has almost doubled the size of the community there. 

Wrapping Up

Dubai’s luxury property market is witnessing substantial growth, buoyed by a large number of ultrarich snapping up properties in the prime neighbourhoods.

Categories
Energy & Environment Financial Market Technology World

Offshore Oil and Gas Sector Set for a Tremendous Comeback; $214B of New Project Investments Lined Up

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With project investment worth $214B or above lined up, the global offshore oil and gas (O&G) industry is poised to get a massive boost in the next two years.

The annual greenfield investment is predicted to hit a decade-high record in 2023 and 2024, said OILPRICE.com citing Rystad Energy research.

The Comeback Is Happening Now

Offshore production projects are forecasted to comprise roughly 68% of all approved traditional hydrocarbon-based projects during the projection period 2023-24—up from 40% during 2015-2018. 

This expected activity increase is buoyed by strong oil prices and rig demand. As of March 07, 2023, WTI crude oil values $77.76 per barrel, which is high enough to prompt operators to boost production activities, and that should continue into next year. 

Additionally, the cost of imported fossil fuels has spiralled upward since 2022 as supply chain challenges have been exacerbated by Russia’s invasion of Ukraine. 

The Ukraine conflict is anticipated to propel the development of relatively high-CAPEX offshore (both platform and subsea-based) O&G projects, with a range of regions like Europe shunning Russian fossil fuels and seeking ways to ramp up energy production from alternative sources.

The result: offshore schemes will constitute almost 50% of the total projects expected to get sanctioned globally between 2023 and 2024, which was only 29% during 2015-18.

Experts expect these new projects to be the key factor in driving the expansion of the offshore system market, with supply chain investment to witness an upturn of 16% between 2023 and 2024, a record-high year-on-year increase of around USD 21B in the last ten years. 

Other Key Players Stimulating Subsea Production Activities

As global demand for fossil fuel continues to pick up, casting about carbon-free energy sources has now become a major concern. The world is set to undergo an energy transition as it slides away from fossil fuels to less carbon-intensive energy sources.

As one of the least carbon-intensive hydrocarbon extraction techniques, offshore O&G production offers the industry a solid footing for significantly decoupling carbon dioxide emissions from the production process.

“Offshore oil and gas production isn’t going anywhere, and the sector matters now, possibly more than ever. As one of the lower carbon-intensive methods of extracting hydrocarbons, offshore operators and service companies should expect a windfall in the coming years as global superpowers try to reduce their carbon footprint while advancing the energy transition,” stated Audun Martinsen, head of supply chain research with Rystad Energy.

Citing Rystad Energy, Offshore predicts the subsea production sector to reign in the offshore industry, with a substantial number of subsea trees up for grabs in the upcoming years.

With subsea oil production boosting, ensuring high-end reservoir monitoring has become the key concern today. 

For subsea production operators looking to increase production while minimising OPEX across a subsea well lifecycle, investing in a permanent reservoir monitoring system like Silixa is a sensible decision. 

By enabling intervention-free operations and delivering a high-seismic signal-to-noise ratio for seismic surveys with fewer shots, a high-end reservoir monitoring system significantly saves on operation time and cost. 

Offshore Sector Comeback: The Global Outlook

An uptick in high-impact drilling activity in offshore Namibia, the Gulf of Mexico, South America, and the Eastern Mediterranean is the key player in accelerating the development of the subsea oil production sector.

Case in point: The highly stable high-impact drilling has helped resource discovery soar to 9.2B barrels of oil equivalent (boe) in 2022—up from 7.4B boe in 2021, according to Westwood.

On the other hand, the proportion of discovered wells with the potential to turn into commercial development rose to 36% in 2022 from 29% in 2021.

Again, with 47 production licences awarded to a total of 25 oil companies by the Royal Norwegian Ministry of Petroleum and Energy in January 2023, the country is heading for an oil production surge. 

While Norway is fast becoming the key player in helping Europe reduce its reliance on Russian energy imports, uncertainties spurred by the Energy Profits Levy are still looming over the UK.

However, offshore development spending in the UK is predicted to increase 30% in 2023 to a total of $7 billion.

The Middle Eastern offshore sector will steadily expand, if not booms, while South American spending is projected to plunge in 2025.

Wrapping Up

With the world trying to deal with the current energy crisis, more emphasis is placed on capitalising on the subsea reservoirs as affordable and safe energy sources. 

Categories
Business Computers & Software Technology U.K U.S

Some Cybersecurity Trends in 2023 that Business Owners Should Be Aware Of

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Cybersecurity is important. I think we can all agree about that. And, it’s forever evolving, because just as we figure out a response to a cyber threat, hackers go and find a new way of attacking.

The latest in cyber threat evolution was using AI to create malware. But, that’s not all there is to it. That’s why maintaining cybersecurity is not a one-time exercise. One needs to work hard to keep up.

And, as with anything that is ongoing, one can expect to see patterns and trends.

So, what are the cybersecurity trends we can expect to see in 2023?

AI and ML For Cybersecurity

As AI and machine learning (ML) become more sophisticated, threat actors are using these technologies to avoid detection.

The preferred method of hackers is not high-tech hacking exercises, as shown in movies. What they do almost 71% of the time is steal valid credentials and then use those to force their way into accounts.

For example, they steal an email address used to register an account on an online platform. Then, they try to brute-force their way into that account using commonly used passwords. 

If they succeed in cracking the password, they’d use that email/password combination on other websites. 

(That’s why you shouldn’t use the same password for different accounts.)

Now, unless they buy a stolen list of email addresses, most hackers use social engineering attacks to get people’s credentials.

With the help of AI, they are creating not just more refined malware but also phishing emails that are more personalised.

So, whilst businesses are using AI to detect cyber attacks, they end up being reactionary rather than proactive. By the time they “teach” AI how to identify a new threat, hackers have moved on to another method.

Fortunately, just as AI can be used to craft better (for lack of a better word) attacks, it can also be used to prevent them.

One of the things AI does better than you or I is speedy analysis. Where we might take us hours or days to go through data and get anything meaningful out of it, AI can do it in minutes.

As a result, its predictive analytics capabilities could be used to infer and predict threats. Once the threats have been identified, it’s easier to mitigate them with fewer resources.

Patching Open Source Code Vulnerabilities

Open source code can be very handy. But, it is also very likely to have vulnerabilities. Synopsys researchers have reported that almost 84% of open source code bases had at least one vulnerability in their Open Source Security and Risk Analysis (OSSRA) report.

The problem with weaknesses in the code is that they can be exploited by threat actors. The way to deal with them is by using penetration testing to find exploitable flaws and patching them.

(You can also make use of cloud penetration testing services from reliable service providers like DigitalXRAID. The company has also launched a first-of-its-kind cybersecurity platform.)

Simple, right?

Unfortunately, the report also found that 91% of the patches weren’t implemented. Maybe the devsecops team didn’t have enough time or resources. 

Maybe they didn’t think the benefits weren’t worth risking the unintended consequences.

Or, maybe they just weren’t aware that there was an updated version of the code available.

Either way, these vulnerabilities exist and can be exploited.

To avoid that, and to potentially keep the open code they’ve used updated, businesses might need to keep a software bill of materials (SBOM). According to the report, this will include any open source code they’ve used, its licenses, versions, and patch statuses.

This practice would be very handy in making sure any open source code used by your business is not putting you at risk.

Training Employees on the Dangers of Phishing Attacks

Sometimes, when something works, there is no real need to change it up. That seems to be the case with phishing.

Phishing is a form of social engineering attack where a legit-looking email is designed to get the victim to click on a link. That, then, redirects them to a page where their info is stolen.

Apparently, hackers most often like to use (or abuse, rather) Microsoft, Amazon, DocuSign, Google, DHL, and Adobe. However, don’t be surprised to see emails from banks in your inbox as well.

Again, the best way to combat this challenge is the old-fashioned “train your employees” method. Human error is inevitable, but training people to identify emails that might be dodgy can help a lot.

As can limiting their access.

So, there you have it. Here are some ways you can keep your business safe from cyber-attacks in 2023.