July 21, 2006

Standing Up

The CEO of Cadbury Schweppes, Todd Stitzer, wrote an oped that appeared in the Financial Times on June 1, 2006. Essentially he was asking CEOs to stand up and defend the reputation of business. Not that business leaders have been blameless but that "by being...

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July 19, 2006

Hope for the Reputation of Business

A recent McKinsey Quarterly reported on the impact of 10 trends over the next five years. As expected, the survey was conducted among global executives. What caught my attention was the second least important trend expected to impact global business and more specifically, the profitability of...

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July 15, 2006

CEOs Matter More than 10%

I was reading a recent Harvard Business School Working Knowledge by James Heskett that reminded me of Jeffrey Pfeffer and Robert Sutton's conclusions on CEO importance. Sutton wrote:"First, in just about every study I've ever seen from the laboratory to the press, the amount...

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July 13, 2006

CEO Reputation Deciphered

The article in yesterday's WSJ (7-12-06, A Tale of Two CEOs) about two distinctive CEO reputations -- Bob Nardelli at Home Depot and Jeff Immelt at GE -- was compelling. Not surprising, it was the fifth most frequently emailed article. The page two feature by...

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July 9, 2006

Sticking to the Plot

Researchers' Doug Randall and Paul Shoemaker of Wharton found that executives spend 65 percent of their resources managing internal uncertainty and 35 percent managing external uncertainty such as industry shifts and marketplace change. Balancing internal and external patterns makes the CEO job nearly impossible because...

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July 9, 2006

CEO Compensation — Hot or Not?

It seems that there is an article about CEO compensation every day. Just finished reading Gretchen Morgenson's article in today's Sunday New York Times. Yet when I type in "CEO Compensation" into google trends, the response is that there is not enough coverage volume...

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July 8, 2006

The Harder the Challenge, The Better the CEO

I came across a research study draft (April 18, 2006) on the Internet titled "CEO Reputation and Earnings Quality" by Jennifer Francis, Allen Huang, Shiva Rajgopal, and Amy Zang. Except for Shiva Rajgopal (University of Washington), the authors are all affiliated with Duke University. Their...

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July 5, 2006

Business Recovery Planning & Support

An article in Fast Company on Mastering Disaster mentioned that Gartner reports that 75 percent of large companies will have business recovery plans by 2007. I was surprised that the number was not closer to 95 percent considering that nearly all large companies were touched...

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June 30, 2006

Patterns and More Patterns

Ram Charan, management guru and wise counselor wrote the following in one of his books: "Exceptional business leaders do what no computer can do. They scan the external environment, and out of all the things that are going on in the world, they are able to...

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June 29, 2006

Interim CEOs

Time to mention our mini-analysis on Interim CEOs. I had noticed that there was an emerging class of CEOs -- Interim or Acting CEOs. After reviewing the number of Interim CEOs in publicly-held companies (there were two in privately-held companies) since 2003 and their financial...

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