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Duty Calls, Serena Williams Hints Emotive Fans as She Declares Intention to Bow Out From Professional Tennis

By
Tiamiyu Ismail
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0

On Tuesday, 9 August 2022, exactly two days before the United State’s National Basketball Association officially declared the retirement of Jersey number 6 across all its games in honour of 11 times NBA champion and greatest of all time in the league, Bill Russell who recently passed away at age 88 years, the US Tennis sector and the fans of the Courte de Paume worldwide were left in a mixed feeling of shock and appreciation after Serena Williams announced her intention to discontinue her practically 30-year-old career trajectory in professional Tennis so that she can focus on other things that are important to her including her desire and responsibility to achieve an equally successful family life.

In her personal essay published in the Vogue, Serena Williams says she will be moving on from playing tennis after this year’s US Open which will run from late August into September in New York. “I am here to tell you that I am evolving away from tennis” she writes saying she never liked the word retirement. She says she’s evolving so that she can focus on her next big goal in life which is to grow her family. According to her, “Believe me, I never wanted to have to choose between tennis and a family. I don’t think it’s fair”.

The declaration expectedly reignited existing debate about Serena Williams being the GOAT in Tennis. GOAT, meaning Greatest of All Time is a social appellation fans use to address their hero or heroine based on comparative analysis of their career achievements with other sportspersons in their domain.

Records show that 41-year-old Serena Williams is indisputably one of America’s finest talents that have successfully registered their names in the world’s hall of fame through grit and fortune. Since her professional debut in 1995, Serena Williams has played in 33 Grand Slam (GS) finals, won 23 single GS, 14 doubles GS, 2 mixed GS titles and 4 Olympic Gold medals to her name.

“Williams has won more Grand Slam titles in the Open era than any other players male or female” Felix Ritchter, Statista Data Journalist says. She’s one of few sport women that conveniently matches or even surpass her male counterparts in longevity.

Williams who will be 41 years old next month holds a total of 73 tour-level single titles and  has attained $94million in career winnings, making her the most successful female Tennis player worldwide. She’s also attracted lavish endorsement with big brands including Nike, Peugeot, Beats, Audemer, Nintendo, Procter and Gamble, Lincoln, Gucci and many others.

In spite of her remarkable feat, Serena Williams still has some of her detractors who believe she’s not the GOAT since she’s yet to surpass Margaret Court’s record of 24 GS titles which she achieved before the Open era that began in 1968. However, a victory in the forthcoming US open will bring her at par with Margaret’s record. “I’d be lying if I said I didn’t want that record” Williams said. “I don’t know if I will be ready to win New York, but I’m going to try” she added.

Nike said it would continue working with the tennis amazon who, according to the brand, has redefined what it means to be a true champion and set a legacy that transcends sport to inspire generations.

How To Mentor and Coach – Join us at Tekedia Mini-MBA Live

By
Ndubuisi Ekekwe
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Business is not an academic exam. That you topped your class is partly irrelevant in the marketplace since exams we face in markets (fixing customer frictions) are totally different from the ones our professors challenge us with in classrooms. What that means is this: your academic professor may not be a good business mentor or coach unless he also participates in the business world.

For me, mentoring & coaching works. TED (the popular conference where you pay $10,000 just to listen to talks over 3 days) paid and assigned coaches to me over 18 months as a TED Fellow. The World Economic Forum also made available CEOs of SAP, etc, opening the space to write them directly; WEF honoured me as a Young Global Leader and opened their massive database, making it possible to connect with any leader in the world! I was working with colleagues in Carnegie Mellon University to set up CMU Africa in Rwanda.

The guy who wrote the “Richest Man in Babylon” was clear – you win when the best can guide you. What that means is simple: mentoring & coaching works when done efficiently. This evening at Tekedia Mini-MBA Live, I will explain how to make that work! Join us 

Convicted Former Samsung’s Vice Chairman Jae Y. Lee Granted Presidential Pardon

By
Samuel Nwite
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Convicted Samsung Vice Chairman Jae Y. Lee, will on Monday, receive a presidential pardon that will enable him to once again, take part in decision-making of the electronic company.

Lee was convicted in 2017 for gross graft practices which included an attempt to bribe former South Korean president Park Geun-hye to win government support for his succession. He was paroled a year ago after serving 18 months in jail.

The pardon by South Korean President Yoon Suk Yeol will erase the 54-year-old executive’s criminal record, allowing him to join Samsung board, travel overseas for deals, and help to accelerate decision-making for the company, which has been impacted by global demand and supply shocks.

“In a bid to overcome the economic crisis by vitalizing the economy, Samsung Electronics Vice Chairman Lee Jae-yong, whose suspended prison term was ended recently, will be reinstated,” the Korean government said in a joint statement from its ministries.

Samsung businesses, both chip-making and smartphones, took a hit following Lee’s exit. The company has suffered major revenue setbacks following global economic headwinds that were orchestrated by Russia-Ukraine war and logistics challenge triggered by China’s covid lockdowns.

Chip shortage was also a factor and unfortunately, Samsung couldn’t increase its chip production partly due to the effect of the US-China semiconductor dispute. Lee is expected to help Samsung to create strategies and investment plans that will especially boost the company’s chip production.

After apologizing to the Korean people on Friday, Lee promised to “start anew.” He said in a statement that he “will try harder to give back to society and grow together.”

The pardon which shows how much Korea relies on Samsung for its economic growth, is seen as an opportunity for the tech giant, a $280 billion company, to reclaim its market leadership position, particularly in the semiconductor industry.

“Samsung’s in a crisis as it has lost its two strengths: technology leadership and strict management,” said Park Ju-gun, head of corporate research at Leaders Index. “There’s an absence of a control tower making the right decisions at the right time to keep its leadership in the semiconductor industry.”

However, Lee’s comeback will not yield automatic rebound for Samsung as a lot of obstacles, with some having to do with him personally, will need to be cleared.

As noted by Fortune, the South Korean giant warned during its earnings call last month that the war, inflation and waning consumer demand made it immensely challenging to forecast the year ahead.

There is also concern that Lee won’t be clear of legal woes for years as he’s being separately prosecuted in relation to a merger of Samsung subsidiaries, and will be attending weekly hearings related to that case.

Considering how much Lee is needed by Samsung now, it is also not clear whether he’ll seek to take the position of chairman of the company, which has remained vacant since his father Lee Kun-hee died about two years ago.

Many Nigerian Startups Must Come Together To Thrive

By
Ndubuisi Ekekwe
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Nigerian Startup Founders: this is for you. Possibly, you might have noticed that the industry has changed dramatically in the last three months, across many dimensions. This redesign will continue over the next few quarters.

There are many CEOs and Founders in the industry, offering largely non-differentiated products. A solution is clear: some CEOs must be open to become Vice Presidents or Heads of Units in other companies. And what that means is that we need to combine some companies.

That combination does not diminish anyone; it is a sign of strength. Those fintech ideas are off by more than two years. Why not talk to other founders/startups and come together under one firm? If you do that, you have a better chance since we already have clear dominant players in the industry. The same goes for ecommerce, logistics and other sectors.

Not everyone must be a CEO – come together! If you do that, investors will pay attention.

#Push more into your breakthrough

By
Ndubuisi Ekekwe
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The door is closed and everyone can see it. But I have seen many closed doors which are not locked. Largely, a simple push will get you in, even when a knock would not have worked.

Many things in life seem closed, and we keep knocking, when what we need is a PUSH. Doors of life are frictions we encounter. To overcome them, a little force is needed. Push the barriers and get into the breakthrough.

“Chairman, can I write how this new government policy will affect the business?” – that is a knock. Possibly, he responds “do not bother”.

“Sir, this is how the new policy will affect the business” – that is a push. You’re in.

PUSH, do not just knock all the time. 

 

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