For the past 20 years, business organisations have been undergoing an evolution and slowly moving away from pyramidal hierarchies.
Tech giants, for example, that need to adapt to technology and fierce competition are 'delayering' – that is, reducing the number of levels in a hierarchy. They have been introducing Artificial Intelligence (AI) and converting huge corporate centres to a network of decentralised units in which tools such as videoconferences replace in-person work meetings.
The Covid-19 crisis has considerably accelerated these trends. This year, organisations have been forced to adapt to exceptional circumstances. But what does this mean for business leadership in the future? And what does it mean for the education of future leaders?
Business organisations are becoming fluid. And fluid organisations cannot solely be led from the top anymore. It will become impossible to control organisations that constantly need to adapt. Corporate leadership will rather be about engaging people for a shared business purpose, cutting across different areas of expertise, cultural backgrounds and organisational structures. Leaders will have to connect with a great diversity of people, inspire them, build trust and empower talents instead of commanding or relying on power to get things done.
These changes have already affected employers’ expectations and management relations.
The Organisation for Economic Co-operation and Development, a Paris-based intergovernmental body, also highlights the shortage of skills such as adaptability and co-operation. We have seen surveys that point to a growing sense of discomfort vis-à-vis traditional managers and executives who seem to be out of touch with these new trends in leadership.
Looking ahead, the new way of leading will require a new set of skills and a new mindset. Future leaders will need to leverage the full spectrum of human Intelligence. Of course, what we all refer to as intelligence – which actually should be labelled rational or cognitive intelligence – will remain important.
It will still be crucial to analyse complex problems and perform rigorous critical thinking. But this will not be enough. As Jack Ma, founder of Alibaba, the leading market place in China, puts it: “Do not try to compete with artificial intelligence. You will lose.”
That is why leaders will need to develop other forms of specifically human intelligence such as: social intelligence – to engage people across different areas of expertise, cultures and organisations; emotional intelligence – to manage one’s own sense of balance, to be mindful of others and to tap into the potential of emotions for creativity and communication; practical intelligence – to adapt to constant change and uncertainty, organise decision making and cut through complexity; technological intelligence – to understand and harness the potential of the latest technologies.
The more global and the more digital the world becomes, the more well-rounded leaders will have to become to keep up with the demands of the new world. The question is: how do we train new generations of entrepreneurs and corporate leaders?
In order to help our students develop this full spectrum of human intelligence, we believe it is time to reinvent higher education.
We need to move away from a model where students are asked to remember and apply knowledge to one where students are asked to develop all forms of human intelligence through experiences.
Instead of simply imparting knowledge so that students get good grades, teachers need to provide students with the tools and strategies that will enable them to become active learners and equip them for the workplace.
Future leaders should strive to not only be highly knowledgeable; they need to be excellent learners throughout their lives in order to constantly decipher, make sense of and leverage new technologies, new organisations and new cultures.
Practical and business skills develop mainly through concrete experience like projects. When we are confronted with unexpected situations, new tools, uncertainty, and sometimes even helplessness we start to wonder, learn intensely and transform ourselves for the better.
In a revamped system of education, social life, connections and friendships should be central in the learning process.
We all know that our growth and improvement depends on the quality, benevolence and frequency of feedback we receive – whether in early learning years or at work. It is thus imperative for educational institutions and organisations to develop social and emotional skills through peer-to-peer learning, teamwork, dedicated workshops and training.
At an educational institute, inter-cultural exposure should be at the heart of student experience. Higher education is the best time to discover the world. It should be a journey to get a sense of the diversity of the world and develop one’s ability to adapt to different cultures and engage with people of different backgrounds. It is what will help build well-rounded future leaders.
Boris Walbaum is the founder of Forward College with campuses in Amsterdam, Paris and Lisbon. He is based in Paris
Malcolm & Marie
Directed by: Sam Levinson
Starring: John David Washington and Zendaya
Three stars
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
Results
6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m
Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer)
6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m
Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor
7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m
Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer
7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m
Winner: Desert Fire, Hector Crouch, Saeed bin Suroor
8.20pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m
Winner: Naval Crown, William Buick, Charlie Appleby
8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m
Winner: Al Tariq, Pat Dobbs, Doug Watsons
9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m
Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor
Two products to make at home
Toilet cleaner
1 cup baking soda
1 cup castile soap
10-20 drops of lemon essential oil (or another oil of your choice)
Method:
1. Mix the baking soda and castile soap until you get a nice consistency.
2. Add the essential oil to the mix.
Air Freshener
100ml water
5 drops of the essential oil of your choice (note: lavender is a nice one for this)
Method:
1. Add water and oil to spray bottle to store.
2. Shake well before use.
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
8 traditional Jamaican dishes to try at Kingston 21
- Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
- Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
- Mento Oxtail: flavoured oxtail stewed for five hours with herbs
- Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
- Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
- Jamaican beef patty: a pastry with ground beef filling
- Hellshire Pon di Beach: Fresh fish with pickles
- Out of Many: traditional sweet potato pudding
More from Neighbourhood Watch
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UEFA CHAMPIONS LEAGUE FIXTURES
All kick-off times 10.45pm UAE ( 4 GMT) unless stated
Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid
Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
The specs: 2018 Maserati Ghibli
Price, base / as tested: Dh269,000 / Dh369,000
Engine: 3.0-litre twin-turbocharged V6
Transmission: Eight-speed automatic
Power: 355hp @ 5,500rpm
Torque: 500Nm @ 4,500rpm
Fuel economy, combined: 8.9L / 100km
TOURNAMENT INFO
Women’s World Twenty20 Qualifier
Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November
UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi