Chief Executive (U.S.)

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Articles from No. 138, October

Cutting Edge
At no time in our history has the moment been so right for a major tax cut as now. We are facing a record-breaking budget surplus, due first to a strong economy and second to the enormous tax increase enacted by the Clinton administration and the Democratic...
Designing Mind
"The first time we came to Boston, it was really amazing," says Charles Edelstenne, hands waving in Gallic semaphore. "Investors saw us as a kind of curiosity-like they were thinking 'What are these French people? They're coming here, to the U.S.? They...
Dial "M" for Modern
July's dramatic and successful privatization of Telebras, the giant telecommunications company, will be seen in the future as a crucial turning point in Brazil's economic modernization. The sale, which raised $19 billion-at least $4 billion more than...
Dissing Corporate Governance
One would think that, by now, almost all of our American corporations would be in favor of better corporate governance. After all, being against it is like reviling motherhood, apple pie, and baseball. Yet, as Dean Yavitz and I go through our annual...
Front Lines
In an expected move to capture share of the burgeoning portable workforce market, IBM recently unveiled a hard disk drive that boasts of being-are you ready? smaller and lighter But don't let the predictable march toward nothingness dull the meaning...
Good Chemistry
In 1996, Yue-Sai Kan, owner of China's largest cosmetics company and a popular TV personality, set out to form a joint venture with an international cosmetics manufacturer. After screening several potential partners, she settled on a German company called...
IT Desktop Meltdown: The Next Crisis
Just when companies are beginning to resolve the Year 2000 problem, another technology-based business crisis is fast developing. While the PC has crossed the line from occasional productivity tool to indispensable business appliance, most companies'...
Letters
IF IT'S LEGAL, IS IT O.K.? To the Editor: The opinions expressed in the feature article, "Gates-zilla vs. the DoJ" (CE: July/August 1998), by the quoted CEOs, to a man, represent the worst of corporate America: "If it's not illegal, it's O.K." This is...
Monster under the Bed
If it's true that as Robert Fulghum wrote, our most valuable lessons were learned in kindergarten. then we might gain insight by thinking back now--way, way back-to the glorious era of childhood, the time when, amidst whimsical days and carefree nights,...
No Return on Independence
It's a recurring theme in CE's own hallmarks of good corporate govemance-a good board is an independent board. But will board independence pay off on the bottom line? The authors attack the premise that board independence plays a critical role in company...
Rolling the Dice
In Snake Eyes, Brian DePalma's current movie thriller starring Nicolas Cage, the plot revolves around the assassination of a Secretary of Defense during a professional boxing match held in an Atlantic City casino. In full view of 14,000 fight fans and...
Share Monger
With the stunning merger announcement of Travelers Insurance and Citibank and with financial services' marketing opportunities opening up overseas, today's insurance market is clearly in a period of revolution. And Dimon McFerson, CEO of Columbus, OH-based...
The Art of the Motorcycle
Desperate to pierce the clutter of multiple companies are taking a page from the sports marketers playbook - advancing their messages in the form of sponsorship of the arts museums and all manner of social and community causes. Does cause-related or...
The Best And.Worst Boards of 1998
Where once we had to scrape the bottom of the barrel to come up with five boards worthy of the "best" title, today we choose from dozens of worthy candidates. Clearly, things are looking up in board governance. But there are still plenty of companies...
The Euro's Full Monty
If you think euro preparation is all about tweaking accounting systems, think again. Europe's single currency will have broad effects on companies' financial processes, from centralized cash management to new financing opportunities, from reduced currency...
The Fourth Comes Forth
To paraphrase Craig Barrett's predecessor, it's wise to stay paranoid. Robert Noyce, Gordon Moore, Andy Grove, and now...Craig Barrett. In Intel's 30-year history, its first three leaders achieved Mount Rushmore-like status in the American semiconductor...
Uncommon Ground
Imagine working in a company where the employees can fire their managers, truck drivers are CEOs, financials are posted for all to see, and no question is off limits to anyone-ever. Welcome to PSS/World Medical, the brainchild of Patrick Kelly, cofounder,...
Web Watch
www.netb2b.com Netmarketing provides a range of practical information about doing-and promoting-business on the Web. The site's Knowledge Base houses feature articles complete with links to related articles and, when appropriate, the site's glossary...
Women on Board!
For years, activists have been agitating high-profile companies to recruit women actively for their boards, and it's clear that the message has gotten through. No longer in need of convincing, CEOs want women on their boards. Many oversee firms where...