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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May 23, 2006

Reputation Club Expands

There are few professionals working today with "reputation" in their title. Today this group expanded by one when I joined Weber Shandwick as "Chief Reputation Strategist." [According to Google, these are the Chinese characters for reputation. Sure hope so.] GlaxoSmithKline (GSK) had someone with the title...

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May 21, 2006

Hyundai Reputation Damage

No doubt about it. The indictment of Hyundai Motor Company's chairman Chung Mong Koo has thrown the company into disarray. Since South Korean companies are usually family controlled and operate top-down, a succession plan is not exactly in place. The embarrassment of government corruption charges...

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May 20, 2006

Why reputationXchange?

As I have recently changed jobs, I thought it appropriate to begin a new blog. I am now the Chief Reputation Strategist at global public relations firm Weber Shandwick. Naming this blog was not easy but once I thought of "reputationXchange," it felt just right. Here's my...

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