Professional Documents
Culture Documents
www.mirrorreview.com
April 2020
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
VOL II
FEYZI FATEHI
CEO | CORENT TECHNOLOGY
Resilient Leaders
of Tomorrow!
The crisis of pandemic has not only endangered human lives but also encircled many businesses.
We have noticed how all businesses have moved their platforms to digital overnight. This has
made it clear that companies of the future need leaders who can interpret the big picture and
navigate an uncharted business environment. Leaders often tend to feel overworked and
overwhelmed in response to challenges like these, which makes resilience an important skillset.
We, the team of Mirror Review, are featuring such resilient leaders in our new magazine issue,
“The 10 Inspiring Business Leaders to Watch Out For in 2020 (VOL-II)”. These leaders are
managing personal and organizational fretfulness effectively and exuding calm and confidence
through the modern leadership approach.
Showcased on the magazine cover is Feyzi Fatehi, the CEO of Corent Technology, leader of one
of the leading SaaS companies. He believes that understanding, empathizing, and genuinely
connecting with team members is also a key part of leadership. Readers will also find a short
interview snippet of Feyzi where he has discussed his personal experiences and the failures he
encountered throughout the journey, which can be insightful for the aspiring leaders.
Furthermore, don't miss out on reading the engrossing article on understanding the behavioral
theories of leadership, in the section 'Aspects of leadership'. Also, check the article penned on the
importance of a sustainable workplace from the section of 'Sustainability Value'.
Traditional leadership behaviors are still important, but adding modern competencies is, too!
Vidya Joshi
Editorial Coordinator
PUBLISHER
ARCHANA GHULE FOLLOW US
EDITOR-IN-CHIEF
mirrorreviewofficial
VIKRAM SURYAWANSHI
MirrorReview1
EDITORIAL COORDINATORS
DEEPALI SARWADE mirror-review
VIDYA JOSHI
RAKESH MAHTO mirrorreview
SHUBHAM BIRADAR
PROJECT MANAGERS
ROGER JOHNSON Mirror Review Media & Tech
RAHUL VISHWAKARMA
C-206, Wisteriaa Fortune, Laxmi Chowk Rd, opp. Silver
ART DIRECTOR Spoon Hotel, Bhumkar Nagar, Wakad, Pimpri-Chinchwad,
Maharashtra 411057
VINOD ALHAT
HEAD OF OPERATIONS
ROBERT SMITH Mirror Review Magazine is published by Pericles Ventures
Pvt Ltd. No part of Mirror Review magazine may be
reproduced, published or used in any manner without prior
RESEARCH ANALYSTS written consent from the publisher. The team of Mirror
JAMES ADAMS Review Magazine has made every effort to ensure the
accuracy of the content. The publisher assumes no
responsibility of any part of the content of any
ADVERTISING advertisement in this publication, including any errors and
omissions therein.
MARIA SMITH
COVER STORY
C o n t
PG. NO. 10
FEYZI FATEHI
A Champion of Entrepreneurial Leadership and
Attitude as an Integrated Work-Life Philosophy
PG. NO. 26
Sustainability Value
A Fresh Start For Organizations To
Create Sustainable Workplace
ARTICLES
PG. NO. 38
Aspects of Leadership
Understanding the Different Aspects
of Behavioral Theories of Leadership
t e n t s
PG. NO. 18
Alberto Guido
An Innovator Inspired By Creating A
Better World For Everyone
PG. NO. 20
Carey-Ann Oestreicher
Strategic Superstar Leading With
An Unique Perspective Of Life
PG. NO. 24
Giovanni Patri
A Resilient Leader Approaching His
Vision Irreproachably
PG. NO. 32
Marc Rippen
Transforming Diabetic Healthcare With
Innovative Solutions
PG. NO. 34
Marcus Schmalbach
An Excellent Coach And Impeccable
Veteran Of Risk And Captive Management
PG. NO. 42
Marina Tognetti
The Audacious Entrepreneur
Not Afraid Of Taking The Risks
PG. NO. 44
Mona Andrews
Empowering Women to Balance
Care giving with Their Careers
PG. NO. 48
Nancy Harris
A Tech Veteran Transforming
Traditional Business Management
To Cloud-Based Services
PG. NO. 50
Nicole Rodrigues
A Transformational Leader Disrupting
Traditional Marketing Stereotypes
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
FEYZI
FATEHI
CEO | CORENT TECHNOLOGY
A Champion of Entrepreneurial
Leadership and Attitude as an
Integrated Work-Life Philosophy
10
11
I nnovation and entrepreneurship are the two vital pillars
for building a successful venture. One such leader who
is known for his wisdom on entrepreneurship and
innovation is Feyzi Fatehi (CEO of Corent Technology).
Feyzi is an inventor of the first Real-Time Database and has
Steve Jobs, Steve Wozniak, Bill Gates and Jim Clark in
previous years for their reputation, leadership, vision,
mentorship, career success and philanthropy.
100% of their time, strived for more than a decade to establish itself. Now it has
secured more than 80 patent claims so far, all contributing
e ort and focus on to what is becoming known today as the “Software Defined
SaaS”® platform. Today Corent's “Software Defined SaaS”
their core software Platform branded as SurPaaS® SaaSify™ can convert
capabilities to make
them the most
competitive vendor
in their space.
12
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
While failures and Cloud industry. Being the CEO at Corent makes his
role at the company a multidimensional task. As a leader
make us humble, one has to be ready to fulfill the roles and responsibilities
beyond the title. Feyzi, however, handles his day to day
they can also make chores by creating an agenda way ahead of the day.
Feyzi reviews his schedule the night before and again the
us stronger and first thing in the morning to have clear goals and objectives
more confident. throughout the day. He further adds, “After reviewing the
schedule I formally or informally set my energetic tone for
the day that includes mindfulness and gratefulness
reminders, this could be a part of a 5-10 min meditative
virtually any software application to a fully instrumented exercise, or be blended in a short hike, or a brief
SaaS within hours and without any programming. stretching/yoga routine.” Through this routine, Feyzi's goal
is to be energized, inspired and aligned to tackle the
Revolutionizing the Software Industry challenges of the day, ensure priorities are clear, front and
center so that he can focus on meeting his most imperative
As it was previously disclosed, Corent's SaaSify is the only and essential goals and objectives.
tool in the market that can convert virtually any software
application to fully instrumented SaaS. Apart from this, the Understanding, Connecting and Empathizing Is
unique platform is the only platform that supports the end- Important
to-end Cloud Migration, Modernization and Monetization
journey. The Intel Inside business model turned out to be a Being a leader comes with varied responsibilities, keeping
revolution, and the same is believed for SaaSify. The the team inspired and focused is one of them. Feyzi's way
SaaSify™ tool can revolutionize the software industry by of keeping the team motivated is by reviving the vision and
democratizing SaaS. This would help software vendors to mission in the minds of the team members and help keep
deliver their software as SaaS without any extra effort. the same front and center and by remembering and
Also, SaaSify can transform the Open Source industry to an reminding the 'why' behind the organization. He adds, “I
Open SaaS industry, by allowing anyone or any believe if we keep clear the Why, and the What, we most
organization to seamlessly offer any proven open source often find the How.”
software as a robust, fully instrumented SaaS. This would
not just revolutionize the software industry, but also help Feyzi believes that understanding, empathizing and
create thousands of new jobs, while providing efficient cost- genuinely connecting with team members is also a key part
effective access to millions of users that otherwise would of leadership. To explain it better Feyzi quotes his friend
not have access to the software. and the world renowned leadership coach Peter Bregman:
“The courage and willingness to see other people and be
The recent partnership of Corent and Mifos Initiative is an seen by them, don't get in the way of our leadership, it is
example of the global impact the 'democratization' of SaaS our leadership.”
can have. The partnership resulted in forming a SaaS
enabled Mifos X—a software application that could Culture eats strategy for breakfast!
potentially provide on-line banking services to more than
three billion unbanked and under banked people in the As Peter Drucker once said, “Culture eats strategy for
developing world. Despite years of effort, Mifos – like most breakfast,” thus emphasizing how important the company
other organizations out there could not develop a robust and culture is. At Corent, the culture is fundamental. Hence, the
scalable SaaS. Leveraging Corent's SaaSify, Mifos has team of Corent continuously strives to maintain the culture
transformed into a rich, featureful and fully instrumented of the company. Feyzi believes that organizational culture is
SaaS, rapidly, and without any programming. like the 'operating system' for its team members. At Corent,
culture is not a static thing thus there is always room for
13
INTERVIEW SNIPPETS
14
Leaders Names Info
Alberto Guidotti Tap-ID was started with an aim to invest in creating a personal certified KYC
Founder & CEO biometrically managed by users, based on Blockchain where everyone can decide
Tap-ID when to share data, and when to stop data provisioning.
www.tap-id.tech
Feyzi Fatehi Corent SurPaaS® is an automated Cloud platform to: Analyze and Migrate
CEO software applications from on premise to the Cloud. Optimize, Modernize and
Corent Technology Pvt Ltd Manage them on the Cloud in an ongoing basis.
www.corenttech.com
Giovanni Patri PHOENICI has been originally created after nearly two decades of research in the
Founder & CEO area of identity theft and also in anti-money laundry processes.
PHOENICI www.phoenici.com
Marc Rippen Alertgy utilized the novel tech to monitor the blood sugar level in diabetics.
Founder & President www.alertgy.com
Alertgy
Marina Tognetti mYngle is an online language learning service provider for business
Founder & CEO professionals.
mYngle www.myngle.com
Mona Andrews Stay In The Game provides opportunities for competent, educated individuals
CEO & Founder who have been out of the workforce.
Stay In The Game www.stayinthegame.net
Nancy Harris Sage is the market leader for integrated accounting, payroll and payment
Managing Director systems, supporting the ambition of the world’s entrepreneurs.
Sage www.sage.com
Founder &
CEO,
Tap ID
T he virtual-world' has
benefitted people
with an alternate
world to exist in. Every individual has
In a chat with Mirror Review, Alberto explained his
approach to challenges, exploring the reliable, future-
proof and cost-effective solutions.
18
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
Zeal for Innovation you should love your job. Hard working as an individual
doesn't seem a big deal but you should be the first
Being a CEO and Founder, how will you describe your employee reaching the office and the last one leaving.
daily routine? Secondly, the horizontal communication—more you take
I wake up early in the morning, have my usual exercise the stock, more you can find smart solutions in a short
routine, breakfast, email checking then reaching the daily time. And last but not least, resilience—never give
office around 9 AM by plane; meetings up to 1:30 PM, up—when others feel there is no possibility on 1 million,
quick lunch break then back to meetings until 8:00 PM, you will be there and keep fighting to win.
finally dinner and last email checking/replying up to
midnight. This is my ‘before the pandemic’ routine, which Establishing a Global Standard
included business travels around Europe at least twice a
week. This gets arduous sometimes but I'm in love with What are your plans for the company?
my job and with the creation of new products, spreading Euronovate Group is now growing and becoming an
ideas to change the world. That’s my energy, the daily international leader, with internal natural growth and
engine for me and my team. external M&A. My goals are even more ambitious for
TAP-ID.
Restart and Recreate the Dreams
Being optimistic, I want it to become the ID Unicorn in
As a leader, what is the most difficult part you encounter the coming 5-10 years.
at your job?
Over my years establishing the company, I trained several Body Health is Important
young professionals, with passion, for them to become
leaders and I got personally connected to each individual. Despite your busy schedule, how do you keep yourself
With time few of them decided to leave and create their healthy?
own company or becoming CEOs of other companies. Health has always been a priority for me and no one can
Yes, it was hard to see them leaving and hard to restart take me away from my spinning session every week.
from the scratch but that's the only way I know to realize Every weekend I also have Tennis matches, which I never
dreams. miss.
I have always thought a healthy body is the key to
The most difficult part of my job is creating the right preserve mental health. This schedule helps me maintain
dream for everyone and keeping the dream alive day by the balance between the stress I encounter in my
day. professional role.
19
Carey-Ann
Oestreicher:
A Strategic Superstar Leading With
An Unique Perspective Of Life
CEO
Potential Unlimited
L eaders are
always
under
constant pressure to
In a talk with Carey-Ann, she led us on a walk through the
ups and downs of the journey. The answers were not just
inspiring but also very enlightening. Here the excerpts,
“I am passionate about helping other professionals I reflected on what my passions and strengths were. It
become stronger in their careers,” quotes Carey-Ann. became very clear that coaching and mentoring others to be
20
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
successful in their work while still taking care of their challenges, I am still moving forward with all that I have. I
health and wellness was where my heart was. When I made still suffer from some symptoms from the brain injury and I
this discovery, I left my job as the breadwinner of our own an Executive Coaching firm, Potential Unlimited, and
family to create Potential Unlimited. do keynote speaking. I am also working on my first book.
Today, these failures have shaped me into a more
The building of a Strong and Resilient Leader courageous person. I take really good care of myself and I
What is that one unique quality that differentiates see my work and life as a marathon, not a sprint.
Potential Unlimited from its competitors?
Make Every Moment Count
I am a big believer that we can’t truly compartmentalize our Would you share any personal experiences that turned out
lives so, in order for someone to be their best at work. I also to be life-changing for you?
work on stress management, mindfulness, health, and
wellness as well as all of the other strategic business I have had my share of experiences in the journey both
priorities when I coach individuals. professionally and personally. The incident that changed
everything was my husband’s battle with cancer. We hoped
This job allows me to utilize my knowledge as someone and prayed his treatment would save his life. My husband
who was a senior leader and an MBA from a business lost the battle to cancer. He taught me that tomorrow is not
standpoint but enables me to draw on my love of fitness (as guaranteed.
a former fitness leader) and all kinds of research on
mindfulness to help build strong, resilient leaders. The journey shines a light on the preciousness of life and
making every moment count. We really don’t have time to
Workaholism Can Be Dangerous be complacent in our work and in our lives.
How did you embrace your failure? Did your failure
change you in any way? Do What You Love
Any advice you would like to share with the aspiring
Failure is a part of life. The higher we reach in our lives and leaders?
in our careers, the more likely we are to cross paths with
failure. For me, failure was a tough pill to swallow, or With my personal experience, I would just like to say that
maybe it’s more the fear of being good enough back in the you take the time to reflect on what you want to be doing
early days. The start of my business was not smooth which versus what you feel you should be doing. It is often true
turned me into a workaholic. This was contrary to my that when you do what you love, the money will follow.
philosophy of how we should be working. Finances are a by-product of doing great work that you are
passionate about. If someone were to ask you, ’If you could
The workaholic nature adversely affected me. I had some do anything in the world and money wasn’t a factor, what
life-changing experiences. A few years back, I suffered a would you be doing?’ This is what you should do. One of
brain injury which gave me the time to view everything in a the areas I focus on at Potential Unlimited is helping people
new light. I spent years in brain rehab and I really learned find their true passions and then helping turn them into
the true value of ‘who I am’, when I can just be versus successful careers.
placing all of my value on my ability to do. Despite the
21
Giovanni
Patri
A Resilient Leader
Approaching His Vision
Irreproachably
Founder &
CEO,
PHOENICI
O ften throughout the decades of research in the area of identity theft and also in
journey, we anti-money laundry processes. During my career in
encounter people international companies like Merrill Lynch and Morgan
who do not believe in our vision, despite Stanley, I've been confronted with the implementation of
that if one moves along to complete the anti-money laundry processes, which did slow down
vision that is indeed an inspiring leader. One drastically the financial activities and were perfectible.
such inspiring leader is Giovanni PATRI, Initially, not many believed in my vision, but later I was
Founder and CEO of PHOENICI. He believes that successful in creating an identity protection service.
failure is always the origin of success. He struggled for 15
years to convince people that identity theft and data security I developed a methodology that combines various tools and
is essential. All his past failures have turned him into a a certain amount of information in order to attest to the
more robust and resilient leader. He adds, “I've always been genuineness of the identity of our clients, in a more precise
an entrepreneur, and my past failures changed me in a good manner than any legal requirements applicable.
way, as I'm now more accurate in the development of my
projects and obviously in developing PHOENICI.” Working Directly With Customers
In a talk with Mirror Review, he entailed about his journey What, according to you, is the quality that differentiates
and his company PHOENICI. When he first started, his PHOENICI from its competitors?
passion for international finance and his curiosity for anti- I believe PHOENICI is the only company proposing
money laundering drove him to do intense research. It gave solutions against identity theft that can satisfy the
him the impetus to turn hard work and inspiration into a individuals' expectancies and also the professional
booming identity protection service. requirements and this in different work areas like finance,
insurance, real estate, services providers that manage
Here are the snippets, personal information's of clients.
Establishment of Identity protection service Our differentiation is that we work directly for the customer
and not for the customers of professionals and thus on real
What is the story behind the establishment of documents, materials and no only on digitalised
PHOENICI? information. This is beneficial because, in case of internet
PHOENICI has been originally created after nearly two shut down, or cloud blackout, or even major hacking, we
24
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
will still have the possibility to attest to the identity of our but also remind me to stick to my goals and principles.
clients, and this respecting all legislations.
Introspection Is the Key
Think corporate, not individual
Have any of your personal experiences helped you to
Are you satisfied with the current company culture, or do become a good leader?
you wish to see any changes? Definitely yes, my personal experienced helped me! During
I think the company is evolving daily, thus the culture today my past professional experiences and also in my personal
evolves with the team members, but globally I'm glad of the life, I did mistakes like everyone, just that I took the time to
collaboration atmosphere. I try to show a good example to analyze the reasons for my bad decisions or only if I had
my teammates for them to act the same way, and it works made things different. This introspection exercise helped
because I noticed that the team members think corporate me to become a good leader but helps me to become an
and not individual. The culture of PHOENICI is to serve the even better leader every day.
client the best way possible and, therefore to think
corporate makes it even more comfortable. Working To Be Irreproachable
Manage the daily unexpected According to you, what are your insecurities as a leader?
The biggest insecurity is, in my opinion, the research of
Being a CEO and Founder, how will you describe your perfection. As a leader, I always want everything to be
daily routine? perfect, and I work to be irreproachable. This is an attitude
As every CEO and Founder, I need to have a minimum of that can generate a lot of stress and anxious feeling, thus I
routine to be able to manage the daily unexpected. I have try to convince myself to be more flexible and to accept my
daily tasks to which I try to stick to, like a realistic calendar imperfection like something normal. The research of
with some free time between meetings or conference calls. I perfection can sometimes make you miss some
try to have my meetings in the afternoon so that I can opportunities, and so I work to find relative perfection to
efficiently treat my files in the morning. My lunchtime is grab the perfect timing.
crucial, as it helps me recharge my battery briefly.
Expanding Geographical Boundaries
Equally Taking Care of Spirit and Physic
What are your plans for the company?
Despite your busy schedule, how do you keep yourself In January 2020, I presented the services of PHOENICI at
healthy? the CES 2020 of Las Vegas (USA), where I got a lot of
I try to work out regularly, like 2 to 3 times a week, even interesting contacts with potential partners, but also with
though it's not always easy to respect my schedule. This Governments that are concerned about identity protection.
year I decided to fix myself a challenge to have a real As soon as the COVID-19 crisis is over, we will develop
reason to work out and so stay fit. I avoid doing long our activity in North America. The USA, Canada, and
business dinners. To remain healthy, I consider that it's Mexico are the 3 significant countries touched with the
necessary to take care of the spirit as the physic. So I identity theft problem and the data protection issues, to
regularly listen to inspirational speeches that motivate me, which PHOENICI can bring efficient solutions.
25
SUSTAINABILITY VALUE
A Fresh
Organiza
Sustainab
26
h Start For
ons To Create
ble Workplace
P resently, Coronavirus has claimed the lives of many people globally and is
continuing to ravage normal working conditions. Because of this pandemic, human
beings are affected, hospitals overloaded with infected patients, the economy is
falling, and many adverse situations are emerging now. However, just like a coin has two
sides, this deadly virus has two sides as well. We have seen the negative side, which affects
mostly humankind. The other side is the revival of Earth's environment and climate change.
Over the past years, governments all around the world have been taking initiatives and
developing new methods to reduce pollution and make the Earth greener. Acting as a
catalyst, Coronavirus has been making positive impacts on the environment resulting in
cleaner air, clearer water, and an improvement in the ozone layer restoration. This is the
reminder, as well as an opportunity for organizations to create a better world by building a
sustainable workplace. For organizations, it will be a fresh start to implement sustainable
initiatives in the work environment.
A sustainable workplace is one that produces a negative carbon footprint in culture and daily
activity. Although every workplace can become 'greener,' it does not mean that they have
become environmentally sustainable; what makes the difference is a shift in culture.
Sustainability is also a central aspect of corporate social responsibility (CSR), which, in
27
SUSTAINABILITY VALUE
effect, forms an essential part of the identity of businesses. How To Create Sustainable Workplace
According to a survey done by HP,
Ÿ The Shift from Paper to Digital: The first step towards
Ÿ 61% said they believed workplace sustainability is creating a sustainable work environment is the switch
mandatory from papers to digital. According to a report, an average
UK office worker uses about 10,000 sheets annually.
Ÿ 46% said they would work only for companies who are Also, every person in the UK consumes the equivalent
green-conscious of 4.48 trees per year. These statistics showcase how
organizations, as well as people, are damaging the
Ÿ 58% said environmentally-conscious practices are vital environment by consuming papers. To prevent further
to engaging the future workforce damage, it is better to use software or E-paper systems
to build convenience and sustainability in the
A sustainable and safer workplace creates happier and more workplace. By doing so, companies will be contributing
productive workers, which eventually increases the to make the world a better place for everyone.
productivity of employees and less work-related risks,
illnesses, and misfortunes. It is critical in improving the Ÿ Use of Virtual Conferences: In the last decade,
organization's overall sales and credibility. Also, technology has evolved exponentially and continues to
organizations of all sizes across the country and around the do so. Today, there are many software and solutions
world need to embrace this mindset as a way to showcase exist which can help to form communication with
their values, measure impacts and outcomes, and increase teams. The virtual conference is one of them that can
their competitive advantage. help organizations set up specific employee events,
meetings, training, etc. This method saves time, energy,
Are There Benefits To Creating Sustainability In The and other resources such as gasoline, electricity, water,
Workplace? and many more. Also, it is a flexible and easy method to
communicate with other teams.
Numerous researches demonstrate that sustainability has
real business advantages when integrated conscientiously Ÿ Cut down the Commute: Most people daily commute to
into business operations. Also, companies have seen office by bus and other means of transportation. These
measurable benefits across a range of areas. Following are transportations produce hazardous gases that have a
some of the benefits of practicing sustainability workplace: negative impact on the environment and people. This
also affects business budgets, with employees reporting
Ÿ Increase productivity and reduced costs fuel costs and workers frequently reducing value-adding
Ÿ Increase business ability to comply with the regulation. jobs. According to EPA, transportation accounted for
Ÿ Improved brand image and competitive advantage 29% of US greenhouse gas emissions in 2017. Thus, it
Ÿ Reduce waste is better to cut down the commute to stop the impact.
Ÿ Reduce the average sick days per employee
Ÿ Reduce sick leave costs Ÿ Workplace design: Workplace practices are evolving,
Ÿ Increase job satisfaction with companies embracing a more open and accessible
Ÿ Talent retention atmosphere in the workplace. As a consequence, open-
THE
SEVEN
PRINCIPLES Agil of the work
environment
Demands of a
mul -genera onal
workforce
Impacts of
technology
28
Ÿ office spaces,
designs inspired
by nature,
vertical gardens,
etc. are increasingly
catching up in
interior design. A
greener footprint is
also considered to help
in achieving higher
workplace employee
satisfaction ratings. With
interior services such as
posture-friendly office chairs
and health cubicles,
ergonomics has become a major
focus.
29
Marc
Rippen
Transforming Diabetic
Healthcare With Innovative
Solutions
Founder &
President
Alertgy
R ecently,
technological
advancements
have started influencing the
Tragedy leading to innovation
32
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
revolutionary technology, we have developed a platform I divide my time between traveling and being in Melbourne.
and sensor that is unlike anything currently available on the My schedule is extremely busy and exhausting at times, but
consumer market. being able to provide diabetics with this life-changing
technology makes it all worth it in the end.
Most devices today rely on physical blood measurements
collected through direct blood measurements requiring Appreciating the efforts
needles and other painful processes. These processes
sometimes scare away the patients thus risking their lives. Are you satisfied with the current company culture or do
The ANICGM gets rid of these arduous methods and gives you wish to see any changes?
people the ability to accurately measure their blood glucose
in real-time. I think a diverse team brings varied experience and skillset
together. Thus, our current company culture is very diverse
Resilient despite the failures with employees from varying backgrounds with different
skills and abilities. This becomes very beneficial for us in
How did you embrace your failure? Did your failure times of crisis. We are very proud of the culture in our
change you in anyway? workplace and believe we have developed a great working
atmosphere.
Often there are issues with the testing or convincing the
people to try the new methodologies. At Alertgy, we have Also, we understand that appreciating the team members'
had our share of roadblocks and testing times that would efforts is important. So through incentivization and positive
have caused failures for other companies in our situation, feedback, we reward those who work hard to accomplish
however, we have overcome these and pushed forward tasks and motivate them to know their hard work will
towards our goal. always be valued.
I believe that the hard times we have faced made us a more Aiming to be a multibillion company
resilient company, and proved to ourselves that if we can
overcome them, our goal of providing this technology to the What are your future plans for the company?
world is attainable.
Diabetes is one of the common health problems globally.
Keeping up with the Busy schedule There are 422 million diabetics in the world, and this
number is steadily increasing every day. Currently, 1/3 of
Being a CEO, how will you describe your daily routine? the world's population is borderline diabetic. We can help
people change their daily lives in order to avoid becoming
Being a CEO of a pre-revenue startup means constantly diabetic, like DEXCOM the world's first Continuous
being on the road raising money and building relationships. Glucose Monitor (CGM) Company. I'm being optimistic
This does not suffice my responsibilities as a leader I cannot here and believe that with our revolutionary technology,
overlook my team so I constantly make sure my team is Alertgy could be a multibillion-dollar company in a short
motivated by giving leadership to our day to day staff at our time.
headquarters.
33
Marcus
Schmalbach:
M
and CEO of RYSKEX,
arcus
Schmalbach
is Founder
risk management of Fortune companies. Together with
my then colleagues Prof. Dr. Plugmann and Prof. Dr.
Nicolas Burkhardt, the idea of a symbiosis of technology
and the capital market emerged. This led to the
establishment of RYSKEX, later experts like Tatjana
headquartered in Berlin, Germany.
RYSKEX is an excellent mixture of Winter, Simon Kolkmann and Tobias Gurtzick joined the
innovative strength, network, and youthful team and we became a real company.
curiosity. The company runs by the motto of
‘Tomorrow’s solution already today.’ Due to Marcus’s Either I win or I learn
long-standing experience in risk and captive management Is there a secret motto that helps you embrace the
in various industries, RYSKEX has emerged as one of the failures?
leading companies.
I’m probably not the first to answer this question with the
Before the founding of RYSKEX, Marcus was the Head very wise words of Nelson Mandela, but I’d rather copy
of German MBA, and he is still working as a visiting well than invent badly. I live by the motto "I never lose
professor on Innovation and Risk Management matters either I win or I learn". At the same time, I try to live by
with and also an academic head of BlockART institute. the maxim of our investor Christian "The best boss is the
Being one of the veterans in risk management, Marcus in dumbest employee" - this is true for us! I have my experts
a chat with Mirror Review, enlightened us on his around me who I listen to and my experience and my gut
approach towards the emerging threats in the industry. help me—mostly—to make the right decisions!
Here are the excerpts,
Not the classic cliché CEO
The right idea at the right time Being a CEO, how will you describe your daily routine?
What is the story behind the establishment of RYSKEX?
Here, I do not fulfill the classic cliché of a startup CEO.
RYSKEX was created during my time at the business My day does not start with morning yoga, nor with a
school. Back then, I was head of an MBA program and at round of table tennis, nor do I dance my name together
the same time, my love for research was still focused on with the employees to start the day in the best possible
the emerging risks, alternative risk financing and strategic mood.
34
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
My day is pretty simple, I come into the office to get a of the MBA program. I believe it is in my DNA to want to
coffee, greet the ones I meet and then go on a walk with be a leader. Nevertheless, over the years, I have grown
my dog and further make my phone calls and answer more and more and my experiences are beneficial to shape
emails. In summary, no day is like the other— welcome to my leadership skills. Everything keeps coming back
the age of VUCA World. somehow. It is always about people.
To answer the second part of the question, yes, company Healthy attitude keeps you healthy
culture does tend to affect the performance. I haven’t Despite your busy schedule, how do you keep yourself
taken a day off in three years. Not because I couldn’t, but healthy?
because the project is far too much fun and I don’t want to
miss anything. The fun we have together keeps us glued Especially in the current situation of pandemic, I listen to
to the project despite the challenges. the health authorities and stay at home! But any on any
other day I am an enthusiast athlete, I do sports
Leadership runs in the DNA regularly—very much like team sports because I love
Have any of your personal experiences helped you to competition and comradeship. If this is not possible I go
become a good leader? on a walk with my dog. I am grateful every day I wake up
healthy and go to bed healthy. I think a healthy attitude
Hasn’t there always been an eternal discussion of human can also help stay healthy.
history, is one born a leader and follows his destiny, or
can one become a leader? I claim I was a leader all my
life and have always sought responsibility. Be it as captain
of the soccer team, school spokesperson, or later as Head
35
ASPECTS OF LEADERSHIP
Understanding
the Different Aspects of
Behavioral Theories of
A
“ s we look ahead into the next century, the
leaders will be those who empower others,”
quotes Bill Gates. There are numerous
businesses being led by ordinary leaders. However,
businesses that stand apart are often led by
passionate, dedicated, and extraordinary leaders.
Thus the secret of every successful business lies in
its leader himself. Thinking of the present scenario,
the concept of leadership development is nowhere
in the priority list of the businesses. According to a
source, only 5% of businesses have implemented
leadership developments at all levels. This statistic
reflects that the future confronts a huge leadership
gap and right now, no organization is ready to
bridge the gap.
38
39
ASPECTS OF LEADERSHIP
The concept of leadership is not as simple as it Significant Behaviors
looks. It has many aspects to it and perhaps the
organizations' being unaware of these aspects is the Ÿ Initiating
prominent reason behind this crisis. In this article, Ÿ Information Gathering
the concept of behavioral theories of leadership and Ÿ Organizing
different aspects of the same are discussed. Ÿ Clarifying
40
members and take full advantage of their strengths. type of leadership. In these periods, the employees
Moreover, creativity and engagement is also are pressurized to work long hours to meet
encouraged through this leadership. It also deadlines which are usually unreasonable at the
contributes to a thriving company culture. The only expense of their own health and work-life balance.
disadvantage of this type of leadership is it is more In this type of leadership, the turnover rates are
time-consuming than other methods. high and the leaders are often seen in teams where
burnout is frequent and replacements are common.
Significant Behaviors
Significant Behaviors
Ÿ Collaborating
Ÿ Communicating Ÿ Non-acceptance of excuses
Ÿ Being open to feedback Ÿ Focus on Productivity
Ÿ Delegating Ÿ Deadlines are absolute
Ÿ Encouraging Ÿ Doesn't listen to feedback
Ÿ Hits the targets
Indifferent Leadership
Advantages of behavioral Theories of
This is probably the most ineffective type of Leadership
behavioral leadership. The leaders in this type
display a behavior dedicated to preserving their Following are the salient advantages of this
position and department from scrutiny. The leaders concept.
have a very little contact with their team. They
dodge tasks whenever possible and put pressure on Ÿ This theory promotes the value of leadership
their team to meet targets regardless of the cost. styles with an emphasis on concern for people
These leaders have a very little concern for the and collaboration.
people under their care or production of their team. Ÿ By supporting individual needs and aligning
They don't care as long as people keep their job. individual and group objectives, it promotes
This is a bad leadership style to adopt as it results in participative decision making and team
a nonexistent team culture, employee development.
dissatisfaction, a high turnover rate, and a very Ÿ Helps managers evaluate and understand their
little productivity. behavioral style as a manager and how it affects
their relationship with the team.
Significant Behaviors Ÿ Helps managers find the right balance between
different styles of leadership.
Ÿ Hesitating Ÿ Helps managers decide how to behave as a
Ÿ Evading leader, depending on concerns for people and for
Ÿ Lack of communication productivity.
Ÿ Self-preservation
To conclude, these were the different behavioral
Dictatorial Leadership theories of leadership. Diving deep in the concept of
leadership development, the organizations must
Leaders in this type are always focusing on study and understand this concept too. Companies
producing results without worrying too much about should plan their leadership development for the
people working under them. The idea of 'developer future and behavioral theories of leadership will
crunch periods' is a good example to explain this surely help the cause.
41
Marina
Togne i:
The Audacious Entrepreneur
Not Afraid Of Taking The Risks
CEO & Founder
mYngle
E ntrepreneur
s are people
who do not
keep the status quo but push
I was looking at China for opportunities and the first step
was learning Chinese. As a busy manager, finding a way to
learn the language was not easy. I tried everything: an
evening school, CDs/ DVDs, a Dutch teacher trying to
teach Chinese, a Chinese student that could not teach and I
themselves beyond their comfort
zone. One such leader who moved got quite frustrated. If I were living in China- I thought- I
beyond the comfort zone and established could easily find a good teacher! That was when the idea
herself as a pioneer in live online language hit me: there are thousands of teachers all over the world,
education is Marina Tognetti (Founder and all I needed was to use the power of the internet to connect
CEO of mYngle). Despite completing her teachers with students. This is how mYngle was born. The
education in Italy, she left the country to explore right idea at the right moment!
opportunities across the geographical borders. Today she
is an Italian entrepreneur and business executive based in Constant Focus on Customers
Amsterdam. What is that one unique quality that differentiates
mYngle from its competitors?
Marina had her past experience in corporate and was
dubious to start her journey as an entrepreneur. She I strongly believe that the key to success is not constantly
stumbled and made mistakes but kept her zeal and learned comparing with competition, but aligning with what
many things along the way. The modern CEO has steered customers want. This is particularly important when you
the company through turbulent waters and today, mYngle are in an industry that, like that of online education, is in a
has emerged as a successful business venture. transition or evolution phase, where the main challenge is
not a competition but the unawareness or inexperience of
Marina shared her journey with Mirror Review and her customers.
answers are bound to change your outlook on taking risks
and moving beyond the comfort zone. Here are the Constant focus on customers and their needs are one of
snippets, our pillars and key strengths. Education was (and in large
part still is) operating in the old traditional way, offering
Right Idea at the Right Moment learners what is available, not what they need. But as “One
What is the story behind the establishment of mYngle? size does not fit all”— we try to understand the customer
and diversifying our offer in terms of teacher- content-
The initial idea came from my personal needs. Back then, frequency, we can match each specific need.
42
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
Dealings With Uncertainty and Changes afraid to take (calculated) risks, all of these personal
How favorable was the change from the initial business experiences have helped me in becoming an innovative
model to a completely new one? leader.
It was the most challenging phase of my entrepreneurial I think entrepreneurship, especially in tech, allows you to
life. We decided to 'pivot' from the initial business model look far ahead, innovate, change traditional business
to a completely different one, which is the mYngle we are models and disrupt industries. So personal and
now. We could have failed or succeeded. Fortunately, we professional life fit in that respect very well!
managed to turn the company around, from an open
marketplace to a quality global online school, from B2C to Innovating and exploring opportunities
B2B. That was the key to the success of mYngle. I think How will you describe the plans of mYngle?
the biggest learning to take away from this is that change
is an essential part of being an entrepreneur. It is how you I look at the many novel technological developments that
deal with uncertainty and change that sets you apart. are happening all around us as an opportunity. Besides,
Data Analysis and Machine Learning are making great
An Entrepreneur has no ‘typical’ day improvements. The future in leading mYngle will surely
How will you describe your daily routine? hold new challenges but we plan to stay ahead of the
market and focus on innovating, not only in products but
Being an entrepreneur means that days are varied and also in services and processes.
there is no 'typical' day. My roles and responsibilities as a
leader are also varied. I have two roles, one internal and Building a Business is a marathon not sprint
another is one external. Internally, I am responsible for Despite your busy schedule, how do you keep yourself
setting and keeping long term direction, aligning it with healthy?
short term actions, motivating my team, and maintaining
an innovative & entrepreneurial culture. Externally, I am I know that the 80 hours' week cannot hold forever. This is
responsible for the finances and relationship with a mistake that especially new entrepreneurs tend to do,
investors, banks, and other external stakeholders, as thinking that more hours can solve more problems.
strategic partnerships and press. Building a successful business is a marathon, not a sprint.
It is in the period of challenges that you will need this
Always Look for Adventures energy and motivation to keep on pushing forward. For
Have any of your personal experiences helped you to this, I dodge my time equally between work and my many
become a good leader? passions— travel, animals, going out, and especially a lot
of sports. This routine is good for my body and my mind. I
I like challenges, in everything I do. This is also the reason urge the new entrepreneurs to do the same because I know
why I lived and worked in different countries, why I that me being happy and in balance gives my company the
backpacked through Asia for a year, why I like extreme leader able to drive it even in the most difficult situations.
sports, why I became an entrepreneur! Looking for
adventures, going outside my comfort zone, not being
43
Mona
Andrews
Empowering Women to
Balance Care giving with
Their Careers
Founder &
CEO,
Stay In The
Game F or years, women
have struggled to
juggle their careers
and personal lives. Managing both
face, especially in the workforce. Stay in The Game was
founded to address these enormous social issues that exist
in the workforce because of caregiving responsibilities. As
a mother, I feel that women should not have to choose
between their careers and caregiving. My journey began
successfully usually comes with a
significant amount of stress, causing some when my sons started preschool; I was struck by the
women to give up their professional life in thought of how many of the other mothers had to struggle
favour of caring for their family. These challenges with juggling the demands of their career with their
were faced by Mona Andrews, CEO and Founder of caregiving responsibilities, and I knew that I could be part
Stay In the Game. With her vision to change this of the solution.
unacceptable situation, in 2017, she started the company to
help women who were facing similar issues. The idea With flexible, remote job opportunities, Stay In The Game
behind the company was to make sure that no women have makes it possible for caregivers to set their own schedules
to make the difficult choice between caregiving and their and successfully balance the demands of work and family.
career. Caregiving is a right, not a choice, and the women
employed by our company are able to truly have it all.
Supporting the movement of women empowerment, the
team of Mirror Review recently interviewed Mona, where Employing Talented, Ambitious and Professional
she was very kind to express her views with us on women Women
in the workforce and motherhood. We also asked her few
questions regarding her company and her overall One unique quality of Stay In the Game that you would
experience. like to share with our readers?
Here are the highlights from the long interview. Stay In The Game is the only end-to-end architecture that
exists to provide opportunities for this talent pool. All of
Creating Successful Balance our employees have at least a Bachelor's degree and are
incredibly talented, ambitious, professional women. We are
Can you please shed some light on how Stay in The Game able to match the perfect talent to each client's unique
came into existence? project requirements. And I believe there isn't another
company with more qualified talent.
As you know, there are several social issues that women
44
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
You must have faced few failures in your life. If yes, how How satisfied are you with your current company culture
did you tackle them and did it change you in anyway? and any changes you wish to see?
Yes! It's true no matter how hard we try we cannot escape We are always learning and growing, and I think that is the
failure. I believe failures are the greatest teacher, and as an foundation of our company culture. We have incorporated
entrepreneur, I have a very high tolerance for pain, elements from Kim Scott's “Radical Candor” and Patrick
uncertainty, and failure. I have learned a lot from them, Lencioni's “The Five Dysfunctions of a Team” to strengthen
most notably humility and not to make the same mistake our corporate culture. I want our team to be comfortable
twice. While it is definitely uncomfortable and not what sharing their opinions and ideas, and to know that we care
anyone wants to experience, but in my opinion, failure about them personally as well as professionally.
spurs us to grow, learn and dig deep.
Being A Better Leader Every Day
No two days are exactly alike
Experiences play a crucial role in shaping a person. Can
Please tell us about your daily routine and any highlights you please share your personal experience that helped you
from your daily routine you would like to share? to become a good leader?
Good question indeed! I would like to keep it short and I think that my training as an attorney has helped me
precise, one of the things I love most about this job is that understand the importance of systems and processes in the
no two days are exactly alike. Most of my days include a business. I work on being a better leader every day, and
review of the prior day's results, a check-in with my office think there is always room for improvement – I hope I'm
manager, outreach to current and potential clients, and still learning and improving when I'm 90 years old!
working to refine our business development strategy.
Communicating In Best Way Possible Way
Prioritizing Tasks
According to you, what are your insecurities as a leader?
At times, it must be difficult for you to manage yourself
and team, what is your secret motivation mantra? I have recently learned that my communication style can
sometimes be received in ways that I had not intended –
I typically avoid telling secrets, but since you asked, I this is a huge learning and I am grateful for the opportunity
would like to tell you about how we manage. We use this to learn and grow. Self-reflection has been a great tool to
great project management tool called Teamwork. Within help work on this; I ask myself if I am communicating in
that tool, we are able to prioritize tasks, collaborate with the best way possible with the team, what I might be
team members, keep running notes on progress and assign missing, and how we as a company can better empower our
deadlines. During particularly busy times, my General team. Checking in with myself has been a great way to
Manager will create a triage list to prioritize deliverables. learn and grow from this insecurity.
45
Nancy
Harris
A Tech Veteran Transforming
Traditional Business Management
To Cloud-Based Services
Managing
Director
Sage North America
D igitizati
on has
caused
companies to make a big
move from traditional
from this as well. As a result, Sage was established in 1981.
Later in 1998, with the acquisition of Peachtree Accounting,
we moved to the U.S. Today, our company has more than
13,000 colleagues and serves over 2 million customers
around the world.
‘bookkeeping’ to cloud storage.
The opportunities these cloud-based One-Stop-Shop for the Customers
services offer is vast. Nancy Harris What is that one unique quality that differentiates Sage
(Managing Director of Sage, North from its competitors?
America) believes that there are more Our Sage Business Cloud is the one and only business
opportunities on the horizon to move business management solution that small and medium businesses
management and accounting tasks to cloud-based need to scale and grow. The one quality that sets us apart
services. Nancy has more than 30 years of experience from competitors is our ability to support customers at any
in sales, marketing, and partner development, successfully step of their digital business journey—from a small business
leading large SaaS and enterprise software companies operation to a full-scale organization that operates in
including BMC Software and Asure Software. She joined multiple markets and has deep vertical complexities.
Sage in 2011, serving as Vice President and General Other vendors require customers to evaluate new products
Manager of Sage 50 Accounting, Canadian Edition and later and solutions when their business evolves and becomes
as Managing Director of Sage North America where she is more complex. We are the one stop shop for all our
responsible for the company’s daily performance in the U.S. customer’s business management needs with purpose-built
and Canada. solutions and a thriving ecosystem of applications.
In a talk with Mirror Review, Nancy shared some of her
insights on cloud migration and what the future holds for her Responsible For the Company’s Performance
company. Here are the excerpts, How will you describe your daily routine?
As a Managing Director, I am responsible for the company’s
Identifying the Solution to the Problem performance in the U.S. and Canada. I work with Sage’s
Can you share the story behind the establishment of Sage? North American teams to advance the company’s presence
Sage began the same way many businesses have been throughout the continent, strengthening the relationship with
established, by identifying the solution to a problem. Our Sage’s customers, partners, accountant partners and
founder David Goldman was fed up with old-school colleagues. On a daily basis, this means speaking with
accounting processes and wanted to automate them inside customers and partners frequently. It means having my
his own practice. When he decided to work with a team of finger on the pulse of how they are doing in the market,
Newcastle University students in the U.K. to develop where we are winning, how we are serving them and where
software, he realized that other businesses could benefit do we need to improve and determine next steps.
48
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
While we may have similarities to other people, it's the different perspectives
and unique views that each person brings to the table that we need to listen to
and embrace. I strongly believe that inclusiveness makes everything
better—including business results.
49
Nicole
Rodrigues
A Transformational Leader
Disrupting Traditional
Marketing Stereotypes
Founder &
CEO,
NRPR Group
T he number of people
entering into
entrepreneurship has
increased rapidly, with new start-ups
emerging every day. However, only a few
Here are the snippets,
50
BUSINESS
THE
Inspiring
LEADERS
To Watch Out For In 2020
51
Get Inspired, Stay Updated with all
the Business World Buzz with
Mirror Review Magazine
C O N N E C T I N G G LO B A L P R O F E SS I O N W I T H B U S I N E SS
www.mirrorreview.com