Chief Executive (U.S.)

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Articles from No. 201, August/September

A Crisis in the Politics of Health Care
IT'S A MYTH THAT THE PRIVATE SECTOR CAN ACT ALONE. BY MICHAEL J. DOWLINGThe threat of catastrophe in our nation's health care system looms large if we continue to ignore the problems posed by the nearly 44 million uninsured Americans or the roughly 70...
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Are You Ready?
Three years after 9/11, CEOs have made scant progress in keeping their companies safe.On Sunday, Aug. 1, the financial services industry was caught in terrorist crosshairs again. Nearly three years after thousands of money-center workers were killed...
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At Their Bark and Call
THE RISE IN ROOM SERVICE FOR BY JOE QUEENANLike most Americans, I am always on the lookout for signs that the economy is on a vigorous upswing. Recently, while staying at a mid-level Rcvcrly Hills hotel, I stumbled upon an unusual economic indicator...
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Battle over Benefits
CEOs are trying many initiatives to lower their companies' health care costs. But will it be enough?When Mark Gumz was named president of Olympus America, he decided to take a hard look at the company's spiraling health care costs. After discovering...
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Breath of Fresh Air
For Air Liquide, whose product is billions of years old, constant reinvention is a must.When your product is as old as the atmosphere, you have no choice but to continuously devise clever new applications for that product in order to thrive. As Benoit...
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Can Schwab Rescue Schwab?
With the ouster of David Pottruck, Charles Schwab is once again in the hands of its founder.In the beginning, Charles R. Schwab created the discount brokerage. And it was good. Schwab, the man, stood for the empowerment of the individual investor. He...
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Collaboration Is Key
To get more bang for its research buck, GE Healthcare is working with insurers to make sure products in development will merit reimbursement.Innovation can both address cost issues and transform health care, according to Sir William Castell, CEO of GE...
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Confidence Ebbing, CEOs Support Bush, But
CEO CONFIDENCE INDEXAS CEOs CONFRONT the prospects of terror, spiraling health care costs, high oil prices, softness in consumer spending and job growth and the presidential election, it's perhaps no surprise that their confidence dipped in August. After...
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Driving Growth
Cost cutting may get you out of trouble, but true "high-performance" companies must reposition for growth.For decades, Birds Eye Foods had maintained a relentless focus on operational efficiency that kept costs way down and enabled the company to survive...
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DuPont Loses Round in Teflon Case
GLOBALDUPONT HAS BEEN DEALT a setback in the controversy surrounding a chemical it uses to manufacture Teflon. The Environmental Protection Agency said in a complaint filed in July that it would take action against the company for failing to disclose...
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Engaging the Troops
With cynicism high among employees, it's critical to get them on board in a meaningful way.Having kept costs low for years, Birds Eye Foods is now gunning for growth with a rash of new products and marketing programs. In the following excerpt, CKO Dennis...
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Feedback
The Global Economic GameNation-states will always be obligated to have a stake in the quality and quantity of their economies ("Who's Winning the Game?" Editor's Note, July). Nothing "Neanderthal" about that. Rut you raise a good point about how it has...
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Fred Smith Honored as CEO of the Year
Fred Smith had, tucked in his pocket, a carefully crafted speech to deliver on the night he accepted Chief Executive's CEO of the Year award. But when he arrived at the podium, he chose to discard it. "We'll have to reschedule for another time my hour-and-a-half...
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Harnessing Innovation
Corporate VC arms fund smaller companies with big ideas.Last September, Intel Capital, the venture arm of Intel, invested $2 million in a relatively unknown Japanese battery technology company named Pionics. While a tiny amount for the giant $30 billion...
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High Stakes Move
To fulfill its enormous pension fund obligations, General Motors turns to riskier investments.On the 16th floor of the General Motors Building in midtown Manhattan, W. Alien Reed is fixed on the number nine, as in 9 percent. That's the annual return...
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How to Anticipate Wrenching Change
CEOS CAN AVOID BEING BLINDSIDED IF THEY HEED KEY SIGNALS. BY LEONARD M. FULDHow long can yon wait to change your company's strategic direction? How long before it's too late? These haunting questions have more relevancy today than ever before. Fortunately,...
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It's Hard to Do Good
CEOs who make the leap to the nonprofit world may find personal reward. But learning a whole new set of rules is not as easy as it looks. BY CATHERINE FREDMANWhen the Chicago Children's Museum asked Peter W. England to become its president and chief...
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Keeping the Faith
WE'VE ARGUED IN THIS PAGE that it's time for chief executives to go on the offensive and start building their companies again. But it seems there's a ease of late-summer jitters in the air. New terror alerts, soft consumer confidence and job growth,...
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Mighty Toyota's Growing Pains
The Japanese juggernaut must confront internal challenges.The latest numbers give credence to a growing chorus of predictions that Toyota will capture 1 5 percent of the global auto market by 2015, dethroning General Motors as the world's largest automaker....
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On the Problem of Size
Wal-Mart and Microsoft are both tripping over problems associated with being big. In Wal-Mart's case, opponents have attacked on many fronts-the chain's treatment of immigrants and women, its economic impact on communities, and even its power over books...
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Political Kool-Aid
EDITORIALDEMOCRATIC PRESIDENTIAL CANDIDATE John Kerry recently published a list of 200 chief executive officers and other top corporate officials he says support him. His obvious implication was that the nation's CKOs as a whole believe he should be...
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Taking Flight
WHEN AND WHY YOU SHOULD BUY A CORPORATE JETMark Nylen, the CEO of Mobren Biological, a pharmaceutical ingredient supplier, picked up the phone at his office in Sioux City, Iowa, one morning last spring and heard troubling news. There was a problem at...
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The Art (and Science) of Delivery
WHY MORE CEOS ARE BECOMING SUPPLY-CHAIN EXPERTS. BY MIKE ESKEWIt's been 21 years since consultants at Booz Alien Hamilton coined the term "supply-chain management." And it's taken most of those two decades for many C-level executives to really care.Can...
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The Fraud Factor
Health care fraud is an $85 billion problem. But CEOs can help fight it.between August 2002 and April 2003, an estimated 5,000 people reportedly underwent unnecessary surgeries at a California outpatient center. Recruited by "surgery coyotes," recent...
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The New Breed of SUV
WHEELSCombining luxury style with rugged heft, on road and offTake four of the latest car-based, luxury SUVs and pretend they are horses in a dressage ring-the best of their breeds, commanding attention with their polish, stance, performance and, of...
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The Ryder Cup Moves Midwest
GOLFWhat the top pros of Europe and the U.S. will face as they go head-to-head at Michigan's Oakland Hills. BY MICHAEL PATRICK SHIELSWhen the Ryder Cup is held on American soil in September, for a change it won't be played at one of a handful of famous...
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Yogurt Culture Goes Global
CONSUMER PRODUCTSWHAT CAN the sophisticated French leaders of a dairy products giant learn from a naturalfoods nut from New Hampshire?Apparently plenty -if the organic foods guru is Gary Hirshberg, chief executive of Stonyfiekl Farm. The Paris-based...
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