Chief Executive back issues from June 2009:
FEEDBACK
Jun 01, 2009; ... Where Will the Electricity Come From? Ronald Bailey's article on electric cars (March-April) is well written, informative and addressed many related subjects. There is, however, another related subject that should have been addressed, namely, where will the electricity come ...
Why Succession is a Continuity Issue
Jun 01, 2009; ... Wf hy is CEO continuity so difficult? ' According to Challenger, Gray's league table of CEO departures of the past 1 2 months the recession has not been kind to CEOs, even though the pace has slowed down since last year. In addition to per- formance pressure, most leaders must confront impatient ...
Banking on a Robust Service Offering
Jun 01, 2009; ... Caught between rising costs for healthcare and increasing pressure on margins, pharmaceutical distribution companies continue to report increased revenues year after year. The reason lies in providing competitive services to customers, identifying competitive products and leveraging a timely ...
What a Values-Based Turnaround Looks Like
Jun 01, 2009; ... CEO WATCH OUTSIDERS MAY WONDER WHY DAVITA CEO KENT THIRY DRESSES UP AS A MUSKETEER, SHOUTING "ALL FOR ONE, ONE FOR ALL" TO CLAPPING "CITIZENS" OF 44DAVITA VILLAGE." THERE'S MORE TO IT THAN PLAYACTING A CHARACTER FROM ALEXANDRE DUMAS' NOVELS. Imagine working at a place where one ...
THORNS & ROSES
Jun 01, 2009; ... ROSE ... When PRESIDENT OBAMA reversed his decision not to oppose the release of incendiary photos, he acknowledged the validity of warnings from his generals in Iraq and in Afghanistan that such a move would endanger U.S. troops deployed there. It takes courage to stand up to the ...
From Scrubs to Pinstripes
Jun 01, 2009; ... The recession has not been kind to most businesses but hospitals have fared worse. Although healthcare costs have gone up 10 percent per year in recent years, shooting national costs to 17 percent of GDP, up to one-third of total hospital costs are said to be wasted or spent inefficiently. Many ...
INfact
Jun 01, 2009; ... Information begins with facts, which can be assembled to identify trends. Put it ail together to derive knowledge. Presenting Chief Executive's INfact. 1. Total value of the 392 retention bonuses paid to employees of AIG Financial Products between December and March 15 $218 ...
CEO Confidence Continues To Recover
Jun 01, 2009; ... CEO CONFIDENCE INDEX ARE BUSINESS LEADERS BECOMING MORE SANGUINE about the economy? According to Chief Executive magazine's CEO Index, which measured another strong resurgence in May based on 1 53 responses collected from America's top executives, optimism- albeit in a cautious tone ...
Trust Is Dead. Long Live Trust
Jun 01, 2009; ... DO YOU HAVE WHAT IT TAKES TO SURVIVE IN A "TRUST ECONOMY"? BY MICHAEL W. KEMPNER In the midst of economic uncertainty and ongoing threats to our financial system, every company's executives and stakeholders must contend with an unfortunate side effect ofthe meltdown: Trust is dead. This ...
Business in the Twilight Zone
Jun 01, 2009; ... TO PROMOTE PROSPERITY, GOVERNMENT SHOULD SUPPORT ENTREPRENEURS, NOT PUNISH THEM. BY GARY SHAPIRO Our world has turned upside down since August. We are shaking our heads in disbelief. It's not me recession. We understand the business cycle. It's not even the size of the recession. Given ...
How I'm Getting Myself Through the Financial Crisis
Jun 01, 2009; ... First, a disclaimer. The global financial crisis has engendered a great deal of serious suffering across our country and around tiie world, and what I address here is a minuscule and perhaps inconsequential subset of it But it is the subset into which I and many readers of Chief Executive fell, ...
FIXING Executive Compensation: Right Time, Wrong Approach
Jun 01, 2009; ... As government-mandated pay caps loom, there may be another way to defuse public anger, BY EDWARD E. LAWLER III As a result ofthe executive pay cap in companies taking TARP funding, the door has been opened for increased federal regulation of executive compensation. It is impos- sible at ...
PAYING the Piper
Jun 01, 2009; ... Anything is possible as Congress takes aim at corporate compensation. In what used to be called polite society, what other people earned and your own salary were nobody's business. Those days are over for CEOs and other highly paid corporate executives at public companies. The populace ...
Web 2.0: the ROI Case
Jun 01, 2009; ... "Crowdsourcing," "wikis" and "viral branding" translate into "positive impacts on the bottom line." As BarackObama's stunning presidential victory demonstrated, Web 2.0 platforms like Facebook, YouTube and Twitter are transforming electoral politics. And yet, ironically, Web 2.0 tools ...
The Sanctity of Contracts in a World of Bailouts
Jun 01, 2009; ... Every firmand every CEOthat has received bailout money has to ask itself whether its employment contracts are immune from government revision. Major public dustups have an unsettling way of forcing CEOs, who are often in the line of fire, to ponder funda- mental questions about the ...
McCEO
Jun 01, 2009; ... Jim Skinner, the man at the pinnacle of the Golden Arches, has developed a leadership and performance recipe that's simple and powerful-and an example for others. The recession has been the graveyard of many CEO reputations. So it may come as a welcome surprise that some leaders have not ...
Your Company Has Changed, Why Hasn't Your Board?
Jun 01, 2009; ... The board that helped you get where you are may not be the board you need to get you where you want to go. When Stephen Hemsley took over as chief executive of UnitedHealth Group in December 2006, he inherited a bit of a governance mess. Since March ofthat year, the company had been ...
What is Wrong With CEO Succession?
Jun 01, 2009; ... A seamless leadership transition is undeniably critical, yet only half of CEO turnover in 2007 was planned. Dropping for decades, the typical tenure of a CEO is now between four and five years. In fact, business leaders in some industries only hold their posts for an average of two to ...
Succeeding with Sustainability
Jun 01, 2009; ... Highlights from the Spain/U.S. Business Sustainability Conference. On March 17, 2009, CEOs and world leadersincluding The Prince of Asturias, Felipe de Borbón y Grecia - gathered in New York for the Spain/U.S. Business Sustainability Conference. At the event Chief Executive ...
A Billion Here, A Billion There
Jun 01, 2009; ... YOU NEED 10-FIGURE LOSSES TO PLAY IN THE BIG LEAGUES. BY JOE QUEENAN Remember when a billion dollars still seemed like a lot of money? Neither does anybody else. Consider: A newspaper revered for its ability to articulate the deepest concerns ofthe American people reported that the ...
Crony Capitalism
Jun 01, 2009; ... IN ANNOUNCING THE GOVERNMENTS PLAN TO RESTRUCTURE GM, President Obama repeated his intention to keep the government's hands off the steering wheel. "I have no interest in running GM, " he said. "They [management], not the government, will call the shots." But the very route taken to save the ...
Are You Ready for the Pay Czar?
Jun 01, 2009; ... THE WHITE HOUSE IS SET TO APPOINT a "special master for compensation" according to news reports, to ensure that companies receiving federal bailout funds are abiding by executive pay guidelines. Kenneth Feinberg, who ran the gov- ernment's compensation fund for victims of 9/1 1, is expect- ed to ...