My first article for CE entitled, "How To Retire Without Quitting Work," appeared in the magazine's seventh issue in 1979. In Issue No. 10 of the same year, I began writing my column, "Speaking Out."For amusement and amazement, I reread the 100 or so...
Though Latin America is reeling in the wake of the Mexican debt crisis, the political situation provides cause for optimism. In democratic elections, countries have voiced support for moderate leadership and opted to continue the economic remodeling...
What are the major challenges facing business leaders beyond the millennium? For its 100th issue, Chief Executive asked a number of leading CEOs from different industries around the world to look over the horizon of today's headlines and tell us about...
You may be forgiven a yawn as you read of yet another "strategic alliance." Particularly in the information technology industry, players seem to be constantly embarking on such moves--often banding together in groups of three or more, sometimes in areas...
The issue you are holding represents a milestone. It is the 100th issue since Chief Executive began publication in the summer of 1977. What started as a quarterly under founder-owner John Deuss became a bimonthly journal under Macfadden Holdings in 1986....
Stephanie Ertel recently called a document production firm for an estimate on researching, identifying, labeling, and copying legal documents. The answer: 600 man-hours at $20 an hour. "That's ridiculous," thought Ertel, senior vice president and general...
Congratulations! You've re-engineered your company by streamlining operations and reducing the work force. Profits are rebounding; Wall Street is happy.It sounds good in theory--right up until a disgruntled former employee hauls you into court to fight...
"To avoid the excessive a cost of prolonged litigation, we decided to settle the suit." We hear this announcement more and more these days. Cash a settlements in class-action shareholder suits increased to more than $1.4 billion in 1993 from $529 million...
Exxon Valdez. To many Americans, the name of the ill-fated tanker conjures images of oil-soaked bald eagles and a man-made disaster on a par with Bhopal, Chernobyl, and Three Mile Island. Senior executives and corporate lawyers get the shivers from thoughts...
Perhaps the most distinctive feature of the growing global economy is its overcapacity. This is particularly true in the European marketplace. The balance of power has tipped from the producer to the consumer, and the rules of the game have been fundamentally...
We Republicans should not be so naive as to consider our recent election victory as a mandate. Far from it. After all, the same angry voters who just put the Republicans in power in Congress were the ones who threw out the Bush Republicans with an equivalent...
Teenagers working the morning shift at the Hardee's restaurant on Kennedy Street in Spartanburg, SC, by now are used to the sight of pin-striped Jerome J. Richardson, chairman of $2.6 billion Flagstar Corp., laboring along with them among the fast-food...
Look at this guy," Kathy Hudson sputters, slapping a copy of USA Today on the table and stabbing a finger at the photo of a man surrounded by flying wood fragments as he cuts down a tree with a chainsaw. "No protective goggles, no work gloves, no hard...
A pilot named Edward Cleveland and the company he worked for had a record of unsafe flying when they were hired to film a TV commercial. Cleveland replaced the front seat of his Piper Super Cub with a rear-facing camera. The cameraman squeezed behind...
EMC Corp. isn't the only nimble, midsize player tearing a chunk out of IBM's hide. It just happens to have a competitive advantage in one of the hottest technology markets--data storage disk systems for IBM mainframes and compatibles.While the demand...
Michael Egan fell in love with the travel business watching tourists come and go at Storyland, his parents' amusement theme park in Wisconsin, where he worked as a teenager some 40 years ago. But it wasn't until 1973, when a friend asked him to run the...
"You've got to see this," says a secretary, ushering a visitor into a spacious corner office in the San Jose, CA, headquarters of chipmaker Cypress Semiconductor. Atop a bookcase rests a small jar of petroleum jelly. A polite description of the sticker...
Your business won't succeed in the coming knowledge economy, unless you begin to prepare now. Chances are, your company is organized to excel as an industrial-or service-economy business, but that's going to have to change. It's time to get your organization...
At age 57, Jim Hindman is a grizzled, stocky man, a former college football coach who embodies the tough-talking discipline of Knute Rockne. But his rumbling baritone strains as he tells the story of a college-bound inner-city youth whose life ended...
If new legal mechanisms to extort and extract money can be called products, then the U.S. leads the world in product innovation. In addition to the now-familiar product-liability suit, creative trial lawyers have diversified their product line with class-action...
There are distinct phases in the natural evolution of companies, with rather predictable time frames from start-up to maturity. Since businesses exhibit all the idiosyncrasies of the people who run them, they generally evolve in similar ways.All businesses...
Most management thinkers profess to have, if not the right answers, the right questions. Charles Handy, for many years a senior fellow at the London Business School, is an unlikely management guru. He disclaims having the right answers and is somewhat...
I recently attended a breakfast meeting in Manhattan where former German Chancellor Helmut Schmidt was the speaker. I had met the chain-smoking statesman years before in Europe when I was a young economist at the United Nations. Back then, we talked...
In the two decades of CE's existence, two of the most earth-shaking developments have been the emergence of junk bonds as a corporate takeover mechanism and the rise of personal computers. Yet had the magazine asked a panel of experts 100 issues ago...
Posing with his latest innovation, William Apfelbaum is all but overlooked. It's an advertisement painted on the side of a bus that features the New York Rangers hockey team and includes a fierce-looking goalie in a face mask. Good thing he's not standing...