June 9, 2006

Reputationpedia

Although I wrote this entry last night, blogger.com had technical problems and I lost my post. Will do my best to recollect my thoughts. I collect different ways of talking about reputation. Right now, "reputation risk" is ubiquitious. There are over 38 million mentions of reputation...

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June 4, 2006

Building Leaders

Leadership is a critical driver of business today. Making sure that a company has the right team in place is important for growth and sustainability In a recent McKinsey Quarterly, an interesting example was highlighted. The CEO of a global company asked his 20-person top team...

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June 3, 2006

Single CEO/Chairman at Goldman Sachs

I was intrigued by Goldman Sachs' decision to give CEO-elect Lloyd Blankfein the title of both chairman and chief executive. When the announcement was made that current chairman and CEO Hank Paulson was nominated to be Secretary of the Treasury, media speculation was that Blankfein...

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June 2, 2006

Typical Day in CEO World

Today's Wall Street Journal Who's News page could not have been more typical. I had the page open on my desk to read about why the Statoil chairman was taking his name off the list of potential candidates when I noticed what was below. (Turns...

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June 2, 2006

Rebuilding Reputation

Boeing's CEO Jim McNerney has his work cut out for himself in restoring the aircraft company's tarnished reputation after several years of embarrassing scandals. He is making some smart moves. As a symbolic gesture, he eliminated "World Headquarters" from the Chicago main offices and renamed...

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May 31, 2006

Responsibility Trumps All Else

WSJ Columnist James Stewart who also writes for Smart Money had a few choice words to say today (31 May 2006) about how he picks stocks: "The Enron story is a sobering reminder that management integrity is the foundation of financial success. Since the Enron fraud...

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May 31, 2006

New CEO Turnover Record

As an observer of CEO departures for many years now, the new 2005 Booz Allen Hamilton study on CEO succession provides several illluminating trends. The survey is now in its fifth year and always provides new insights and patterns: * More than one in seven of...

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May 29, 2006

CEO Succession

Little did I forsee the tragic news about Michelin's young CEO Edouard Michelin when I last posted about boards being unprepared for sudden CEO departures. CEO Michelin died in a boating accident in western France on May 26th. The company decisively issued statements about the...

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May 25, 2006

New CEO Preparedness

A survey among board members by RHR International and Directorship found that a mere 35 percent believe that a new CEO transition would go smoothly if the prior CEO departed. Considering how critical those first 100 days are in setting the tone, establishing an agenda,...

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May 25, 2006

Reputation of Pino Grigio

Bloomberg.com had a cool article today on how the reputation of Pino Grigio has improved over the past several years. This young wine is considered the Cinderella of wines. When it was first brought to the U.S. in the late 1970s, it was unknown and...

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