Chief Executive (U.S.)

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Articles from No. 89, October

Afta NAFTA
The proposed North American Free Trade Agreement holds great promise for companies in the U.S., Canada, and Mexico willing to look to the future and abandon old beliefs. No longer will invisible walls of tariffs, import quotas, and customs fees separate...
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An Order of Priorities
In Washington, we are witnessing an embarrassing situation: The head of an enterprise cannot seem to organize his chief executive priorities in order of importance. President Clinton, ostensibly a bright, vigorous, likable person, has found it difficult...
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Best of the Decade
Marking the 10th year of the CE/Cato annual report evaluations, and the particularly strong showing of 1992 reports, we've chosen a "Best of the Decade" among annuals in two separate but equally important categories: North American and international...
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Compensation for the Ownership Decade
As the 1980s was the decade of stock options, the 1990s is the decade of ownership. Securities analysts, institutional investors, and regulators expect increasing levels of CEO and executive share ownership. Companies are looking for ways to meet this...
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Jong-Hyon Chey
Interest-rate cuts; an emphasis on free and fair global trade; less government intervention; the privatization of state industries; support for small business; the liberalization of banking and financial institutions; an end to barriers on foreign investment;...
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Leaving Town Alive: Confessions of an Arts Warrior
In its two centuries as the light of the world and the arsenal of democracy, the U.S. has found itself menaced by many formidable enemies: His Majesty's redcoats, North African pirates, the Confederacy, Geronimo, Kaiser Wilhelm, Adolf Hitler, Tojo, Josef...
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Letters You Can Bet the Boss Wrote!
CEOs in the U.S. and abroad turned out a relatively strong crop of letters to shareholders. But letters in non-American annuals display unusual forthrightness.None, perhaps, is more candid than that of S.M. Johnson, chairman and CEO of Botswana, a South...
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Peter Sontag
When Peter Sontag travels, he often hits the road on his Harley-Davidson motorcycle. But customers of his company, USTravel, the third-largest travel agency in the U.S., usually ride in higher style--the pampered beneficiaries of Sontag's customized...
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Praise Be to Codd
Kevin: Bob, cancel all your appointments. I simply have to tell you about a wondrous event that has just changed the IT world forever.Bob: One of your computer projects came in on time and within budget? Kevin: No, not quite as radical as that. Ted Codd's...
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Putting Families First
It's hard to understand why President Clinton would stake his political future on a promise to cut the federal deficit in half by the end of his first term--and then propose a budget, as he did this year, that will send the deficit soaring.But he did,...
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Reformation Redux
Five hundred years ago, an obscure German monk named Martin Luther attacked the most powerful institution of the time: the Roman Catholic Church. The rise of religious nationalism in northern Europe, overcentralization of church authority, and a litany...
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Sally C. Pipes
When CEOs lock and load during testimony at legislative and regulatory hearings, it's Sally Pipes who sometimes provides the ammunition.As president of the San Francisco-based Pacific Research Institute, Pipes, 48, leads the charge or market-minded solutions...
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The 10 Best Annual Reports of 1992!
THE BEST: FIRST(134 POINTS)Knight-Ridder or the second time has been listed in the 1993 edition of "The 100 Best Companies to Work for in America." Those who have admired its annual report over the years aren't surprised-assuming one believes there's...
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The Clinton Scorecard
Economic prosperity was the focus of the 1992 presidential campaign. Rightly so: As the year grew long, the budget deficit, unemployment, legislative gridlock, and a credit crunch combined to keep a hammerlock on growth. With the election of Bill Clinton,...
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The Wages of Niceness
A seminal moment in the history of the Clinton Administration occurred on May 23, 1993. First Lady Hillary Clinton, clad entirely in white, appeared on the cover of The New York Times Magazine beneath the headline "The Politics of Virtue." The gist of...
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Threats to Global Technology Leadership: The Biotech Paradigm
This is CE's third biotechnology roundtable-the first one was held in 1987-and in many ways, the concerns of participants have changed. Fears that biotech wizards would be unable to push ideas off the drawing board and into the marketplace have waned...
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Trial by Fire
In 1978, with just $15,000 of his savings, Joshua I. Smith started Maxima in Bethesda, MD, offering government agencies systems integration services and records management. Its first contract was a $10,000 award from the then-newly created department...
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Walter Forbes
Walter Forbes is taking telemarketer CUC International back to the future.Forbes and his entrepreneur colleagues thought they had a surefire idea when they founded CUC in 1973: Charging customers to shop, via computer. But the idea was ahead of its time,...
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What Constitutes a Good Annual Report?
After a decade of spotlighting annual reports on these pages, it's clear the good ones contain certain essentials. For instance. text should be forthright-that is, there should be no long, slow windup before the news, even if disappointing. At the same...
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Who Has the Best Board ... and the Worst?
Over the years, we've heard countless comments from CEOs and directors on the qualities and capabilities--or lack thereof--of corporate boards. I'll never forget the disgusted look on the faces of roundtable participants at a gathering in 1985 when Carl...
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