Chief Executive (U.S.)

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Articles from No. 219, July/August

Act II
Martin Sullivan got the CEO seat at AIG due to its regulatory crisis. But can he take the financial giant to the next level? BY J.P. DONLONImagine trying to fill Hank Aaron's shoes. Or Wayne Gretzky's skates. Or assuming Lawrence Olivier's stage presence....
Basic Training for the Global Marketplace
THE NEXT GENERATION NEEDS TO DEVELOP ITS INTERNATIONAL KNOWLEDGE.As nation, we are losing our edge in science and technology. The Business Roundtable, National Academy of Sciences and others have sounded the alarm in recent reports, issuing warnings...
CEO Confidence Slides
CEO CONFIDENCETURMOIL in the Middle East and the knock-on effect hitting world stock markets finally got to CEOs. The CEO Index and all component indices fell this month. Overall, CEO Confidence declined 3.1 points in July to 162.6, almost 20 points...
CEO in the Ditch
PRODUCTIVITYAt a "town hall" meeting with employees of St. Louis-based Insituform, a $600 million firm that repairs sewer, water and other underground piping systems, someone asked CEO Tom Rooney, "What do you people in corporate do? Aren't you just...
Connecting with Customers
Does the performance you measure and reward truly match up with your customer care goals?The perennial cry of CEOs around the globe is that understanding what customers need and want and delivering on it is their A-I mission. Yet customers are having...
Crashing Boards
TELLING THE REAL SCOUNDRELS FROM THE FAKES. BY JOE QUEENANInvestors consistently ask why directors at Enron, Tyco, Adelphi and a host of other scandal-plagued corporations did not take steps to prevent the carnage wrought by their megalomaniac CEOs....
Don't Criminalize Business Judgment
GOVERNANCESteve Odland, the 46-year-old CEO of Office Depot, chairs the Business Roundtable's Corporate Governance Task Force. A survey ofRoundtable members undertaken by the Task Force found that CEOs are embracing a number of accountability issues...
Feedback
Where Will Engineers of the Future Come From?Pradeep Khosla's article, "Keeping U.S. Leadership in Engineering" ("Thought Leader," April/May), attempts to make light of the fact that the U.S. is suffering from a very serious decline in engineering enrollees...
Finding a New Balance
Sullivan sets his own course.With Katrina and the accounting scandal behind him, Martin Sullivan is transforming AIG while holding on to its entrepreneurial roots. The following are excerpts from a conversation with him in his New York office.Coming...
John Barth: Steering Solutions
Can Johnson Controls stay on a growth course with the Big Three foundering?When you've got a CEO as willing to jump on in airplane as Johnson Controls' John Barth, no corner of the world is safe from his inspection. So in 2003, when the Barth clan was...
Next, Outsource All the Lawyers
Convinced your offshoring options are confined to call centers and IT? Think again.Tech support, financial services and retailing led the wave of business services increasingly being sourced overseas. But the offshoring effect is now rippling outward...
Pay for Performance: Beating "Best Practices"
How to ensure that you reward for real profit-not for empty metrics. BY MARC HODAKWidespread criticism of CEO pay packages mve spurred directors engage in a diligent search for best practices. This vigilance is transforming the process of executive compensation...
Private Matters
Before you gamble on going the private equity route, here are a few things to consider. BY JEFF HEILMANFollow the headlines in the Wall Street Journal and you might think private equity barbarians such as Blackstone Group, Thomas H. Lee Partners, and...
Solving Airspace Gridlock
A controversial plan aims to address the capacity issues facing today's aviation infrastructure.A war is about to break out over the future of aviation infrastructure-and you will soon be urged to choose sides. At stake is the future of our aviation...
The Best Golf Courses (You've Probably Never Heard About)
While not entirely unknown, several are hidden treasures.They don't have the name recognition of Pine Valley or Pebble Beach. And most golfers couldn't tell you who laid them out or where they are located. But to the cognoscenti, they are some of the...
The Other Immigration Problem
EDITORIALFORGET OUTSOURCING. The country's real immigration challenge is talent insourcing. While the debate over illegal immigration careens off the tracks, a far more critical discussion over reform is barely creeping forward. The emotional subject...
The Real Thing
A Coca-CoIa employee and several accomplices managed to pirate a number of confidential documents and a sample of a new product from the company's Atlanta headquarters and tried to sell them to rival PepsiCo for $1.5 million. The scam was dropped in...
What Is Effective Leadership Today?
A NEW STUDY FINDS COLLABORATION PRIZED OVER HEROICS. BY ANDRE MARTINThe Center for Creative Leadership (CCL) conducted research with over 350 mid- to upper-level managers across the globe to explore the current and future states of leadership. According...
What M&A Bankers Would Rather I Not Write
Methods that manipulate CEOs to pay moreIf you are a CEO, you were my target. For more than 10 years, I ran a firm whose business was to sell small- and medium-sized companies, and to sell them for the very highest possible prices. During that time,...
Working with a Ghost
Business book publishers love CEOs. They have the one thing every publisher covets-a platform. BY TED KINNIWhen a CEO writes a book, everybody starts reading. Employees, suppliers, competitors, investors, even the media. That's why Warner Books offered...