Alan Quasha Business World

Alan Quasha, a well known businessman who is the founder, president and CEO of Quadrant Management, offers insight to the art of making mistakes in an article on Forbes.com.  He explains that mistakes are constructive, and even essential, for growth within the business world.  While we are trained not to make mistakes, and to fear mistakes, Quasha explains that mistakes lead to growth and integrity.

We have to learn to admit our mistakes, to examine them, and to learn from them.

As Quasha says so eloquently, “There can actually be a certain magic to mistakes, because if we consider in advance that we are likely to make them, we are then free to face mistakes early and treat them primarily as information we can share with others as we seek to improve the next decision and set a company–or our lives–upon the path to a sound strategy.”

Compagnie Financiere Richemont SA is undergoing a number of interesting changes at the moment.  Mr. Norbert Platt has recently given up his role as the CEO, as of March 31, 2010.  He will remain on the board as a non-executive director, as Alan Quasha and a number of others are.  Mr. Johann Rupert, who has been the Executive Chairman, will now combine this position with the role of CEO.

There are a number of other changes as well.  Mr. Richard Lepeu will become the Deputy Chief Executive Office, while he used to be the Group Finance Director.  Mr. Gary Saage will now be the CFO while Dr. Frederick Moster will be the Chief Counsel of the Group.

At the Annual General Meeting, which will take place in September 2010, Mr. Gary Saage, Dr. Frederick Moster and Mr. Josua Malherbe will all be proposed for election to the board of Richemont.