Chief Executive (U.S.)

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Articles from No. 102, April

Beyond the Box
Haruo Murase spends much of his time contemplating the future--the office of the future, that is. The president and CEO of $6 billion Canon U.S.A., a unit of Japan's giant Canon Inc., envisions a workplace in which an array of office machines--faxes,...
Cautionary Winds at Davos
Each year since 1971, government and business leaders have descended on a resort village in eastern Switzerland to meet, deal, and just plain schmooze, free from the usual impedimenta of advisers, attorneys, and other hangers-on. The annual meeting of...
China's Uncertain Future
The euphoria with which the outside world reacted to China's economic reform movement in the past few years now has been replaced by widespread disillusionment. The West needs to be more realistic and even-tempered about China, rather than indulging...
Creating Strategic Order from Technology Chaos
Michael Dertouzos, director of MIT's Laboratory for Computer Science and founder and chairman of manufacturing company Computek, sees "coping, understanding, and dealing with that huge elephant, information technology," as the greatest challenge facing...
Divide and Conquer: Follow the Leaders, but Don't Follow Them Everywhere
A marketing revolution is underway, wrought by deregulation in markets across the board and by technology-driven changes in communications, manufacturing, and logistics--all of which have combined to facilitate greater consumer choice. Say goodbye to...
Equity-Based Pay: The Compensation Paradigm for the Re-Engineered Corporation
Traditional pay-for-performance rewards individuals, not the teams created under re-engineering. Equity-based compensation rewards collaborative efforts and aligns the interests of companies, shareholders, and employees.Whether your company is actively...
Flight Surgeon
gerry Greenwald, 59, must like troubled companies. He earned notoriety in the early 1980s as the architect of Chrysler's recovery. After resigning as vice chairman in 1990, he led a failed union buyout of UAL, United Airlines' parent company, that earned...
Gerard De Geer
GERARD DE GEERIt's the investment equivalent of hitting the lottery: Finding a little-known, undervalued stock in a shoot-from-the-hip emerging market and pocketing a windfall profit of 1000 percent or more as equity floods in behind you. Big plays like...
Graduating with a Green Card
To most Americans, the word "immigration" conjures up images of poor, unskilled foreigners crossing U.S. borders in search of low-wage work. But for many American businesses, the immigration story is altogether different: A motivated foreign student...
Michelle Hooper
It's a manager's dream: No competition in a market driven by strong fundamentals and bound for explosive growth. It's the scenario currently facing Michelle Hooper, president of International Business Group.A need to cut spiraling health-care costs in...
News You Can Use
The Wall Street Journal recently published an article entitled, "Britain Suffers From Stuffy Image Abroad, An Ad Agency Finds." According to The Journal, advertising agency BMP DDB Needham had just released a comprehensive report on the image of Great...
Objects of Affection
The software world is stampeding toward objects. You could ignore this trend, determining, as some companies do, that making the transition to this technology requires too much up-front investment and that comparatively few programmers have sufficient...
Paul M. Hazen
When Paul Hazen took the CEO job at Wells Fargo & Co. at the beginning of the year, it was as if Clark had gone off to explore the Louisiana Purchase without Lewis. For 28 years, Hazen had been the junior partner of the renowned Carl Reichardt in...
Poised for Profits
They have trimmed their work forces, shuttered inefficient factories, and updated technology. In short, they have done all the right things to better the bottom line--and now they're being doubted. But five capital-goods companies, each critically positioned...
The Advice Squad
No one can be good at everything; CEOs of startups and growing firms usually learn this lesson early on. Although many founders are technical wizards, applying their expertise, products, and services to solve customers' problems, they are not necessarily...
The Parent Trap
Over the last 20 years, businessmen, consultants, and academics have endured a long and painful education in corporate-level strategy. Like may other European and North American companies, Courtaulds has ventured down some expensive blind alleys. But...
Twice Bitten, Finally Shy
Minutes after the October 1987 stock market crash, Amitai Etzioni, the great sociologist, ethicist, and political thinker, told me people would not learn about the stock market's inherent risks unless there were a second crash soon after the first."It...
Welcome Aboard!
Dear Jack or Jill:This is jumping the gun a bit, but I hereby welcome you to our board of directors, even though you will not be formally elected until the annual meeting this spring.As soon as possible, I want to schedule a series of meetings with you...
Whatever Happened to the Old-Fashioned Boss?
LEADERSHIP IN ACTION: Tough-Minded Strategies From The Global Giant By Helmut Maucher. McGraw-Hill, 160 pp., $19.95.You can count on two hands the CEOs of big, successful companies who have written a book about management theory and practice. GM's Alfred...
Windows on the World: The Socialization of High-Tech
You've called up a photo-realistic image of an office on the screen of your personal computer. Point and click. Zap the rolodex icon, choose the name of the person you wish to call, and the phone dials the number automatically. Click on the elevator,...