Chief Executive (U.S.)

Magazine providing full scope of CEO lifestyle and experience. Includes news, CEO profiles, and strategies.

Articles from No. 136, July/August

A Who's Who of Roundtable Participants
Michael J. Bailey is president and chief executive of the Charlotte, NC-based $2.5 billion North American Division of London-based Compass Group, a contract food service provider. John K. Binswanger, of Chesterton Blumenauer Binswanger, is chairman of...
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A Yen for Health Care
The good news for AEI^AC president and CEO Dan Amos? His Columbus, GAbased company has become a dominant force in the best insurance market in the world, a country with more life insurance in force than anywhere else. The bad news? That place is Japan,...
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Back to Basics in Times of Crisis
A few years ago, General Electric management saw the need to increase efficiency and came up with Six Sigma, a company-wide quality initiative designed to cut costs through efficiency. The goal: to reduce the number of defects to near zero. That way,...
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CEOs and Their Willful Scoins
What makes the heir of a CEO thumb his nose and walk away? For Don Sebastiani, part of the third generation of a prominent California winemaking family, a bottle of wine was always meant to be enjoyed. It was the family business that left a bad taste....
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Chief Executive of the Year
You have spoken. Chief Executive readers have nominated and a selection committee of peers (see "From the Editor," p. 6) have confirmed AlliedSignal's Lawrence A. Bossidy as 1998 Chief Executive of the Year. Why? "Larry's leadership is evident in so...
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Front Lines
Will photo albums soon go the way of the daguerrotype, sought after in antique shops by 20th-century buffs? One hundred ten years after the introduction of the Kodak camera ("You push the button, we do the rest"), Eastman Kodak and America Online announced...
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Gates-Zilla vs the DoJ
In the well-publicized face-off between Microsoft and the Justice Department, both sides say that they are pursuing the same goal: Protect consumers from having a large, monolithic organization dictate the kind of computer systems they will use. But...
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Hard Charger
When friends and business associates warned Carl Pascarella off taking on the stewardship of visa U.SIL back in August of 1993, he didn't listen. Buoyed by an 11-year run opening markets as president of Visa International's Asia-Pacific division and...
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Inoculating Mexico
President Ernesto Zedillo has learned a hard lesson from the 1994 devaluation of the Mexican peso: financial markets and global investors want to be convinced time and again that emerging market governments are permanently committed to transparency and...
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Jack Welch Speaks: Wisdom from the World's Greatest Business Leader
Jack Welch Speaks: Wisdom from the World's Greatest Business Leader By Janet Lowe. John Wiley & Sons. 232 pp. $16.95 At Columbia Business School, where I teach, Jack Welch is probably the most quoted and referenced individual. I suspect this is true...
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Learning Leadership
One of the long running games that business executives and business writers play is to identify the special traits that successful leaders have. CEOs, who have lived the life, are skilled players in this arcane sport. Academics, as the chroniclers of...
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Letters
THE CHICKEN OR THE EGG? To the Editor: In the April issue of Chief Executive, the authors of the Economic Freedom Index repeat their assertion of a powerful causal linkage between economic freedom and growth ("What Makes Economies Grow?" CE: April 1998)....
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My Favorite Golf Hole
Ed Vick supposes that chief executive officers should have "important" golf holes as their favorites, and they should come from "important" courses such as Merion, Shinnecock, Winged Foot or Pinehurst. "I've played a lot of them," says the head of Young...
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Principles for Supply Chain Excellence
Supply chain excellence requires effective strategies, sustained management commitment, and changes in attitude, culture, and organization. As a guide to realizing this corporate state of being, we offer the following principles of supply chain excellence:...
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Take Me to Your Loss Leader
Recently, I read an article in Forbes reporting that Toys "R" Us, the category-killer that has dominated the toy industry for almost two decades, was getting hammered. The firm's market share had dipped from 25 percent to 20 percent since 1990; earnings...
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The All-Star CFO
It's only in the last few years that members of corporate finance teams have begun to shed their collective image as financial watchdogs, scorecard keepers, and, essentially, those who merely count the achievements of others rather than achieving great...
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The Anti-Trust vs. Innovation Dilemma
In explaining his decision to end negotiations that could have avoided the anti-trust suit against his company filed by the Justice Department and 20 states' attorneys general, Microsoft chairman Bill Gates said he was defending "the right of every American...
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The CEO's CEO
Larry Bossidy may not have the crea the charismatic charm of Jack We ta's administrative evangelism. Yet businesses in disarray and turned them around-from a starting point far lower than what Welch began with at GE-by working harder, broader, and deeper...
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The Lateral Leap
Whether it's farming out logistics or contracting for the development of IT applications, outsourcing is playing an integral role in today's corporate world order. But what does that mean for today's executives? A two-part study suggests a new blend...
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The Learning Curb
The quality of our elementary and secondary schools is an important determinant of how well-trained and racially diverse our nation's work force will be. Yet competition and innovation, two of the driving factors in our economy, are strangers to the...
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The Path to Higher Shareholder Value
IF YOU'RE LOOKING TO ACHIEVE OPERATIONAL EXCELLENCE-THE TRUE DRIVER OF SHAREHOLDER VALUE-YOU WON'T FIND IT IN PEAK EFFICIENCY. INSTEAD, TRY OPTIMIZING YOUR SUPPLY CHAIN. One of the realities of business today is that senior executives, CEOs in particular,...
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The Root Law
How do CEOs decide what a good CEO is? CEOs are continually making decisions about their firms, the people who report to them, and even their directors. But they don't often get a chance to methodically evaluate their peers. Yet each Spring, CE's selection...
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What's Your Company's Reputation Worth?
Oscar Wilde once remarked that one could live down anything except a good reputation. Many companies-and some CEOsshould only be so lucky. Goodwill and public trust may strike some as the softest of the soft issues facing business leaders. What is good...
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