Chief Executive (U.S.)

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Articles from No. 179, June

Capturing the Innovation Premium
Ingenuity is the key to creating customer and shareholder value. But to succeed, you have to be willing to break the rules. Innovations are ubiquitous-yet elusive. While new products, services and value propositions spring up daily-as businesses continually...
Caught in the Crosshairs
These plaintiff attorneys are smart, competitive and use tactics every top exec should understand. When Congress passed the Private Securities Litigation Reform Act of 1995 as part of Newt Gingrich's Contract with America, it was to weed out frivolous...
Chiefs and the Economy: What, Us Worry?
The recession's over, did you hear? GDP grew 5.8 percent in the first quarter. Alan Greenspan's over in a corner uncorking the champagne. So why do bosses remain so gloomy? They say it's not pessimism keeping their purse strings tight; it's realism....
Chinese Reform Banks on MBAs
MARKET HORIZONS In Beijing, deep in the halls of the Bank of China, glimmerings of a small revolution are appearing. Corporate governance is emerging in China's oldest bank. It can be seen too in Shanghai and Shenzhen -home to the country's largest stock...
Company of the Future
In one of the world's oldest industries, John Browne is using technology to keep BP on the leading edge. Is Lord Browne's oil giant, BP, the Company of the Future? The book by that title, authored by France, Cairncross of the The Economist, argues that...
Does the Club Still Matter?
Yes. No. Maybe, admit many CEOs who complain about bad food and stuffy atmosphere-- but they still belong. The year was 1873. Andrew Carnegie, a Scottish immigrant who earned a fortune with railroad and iron investments, and Henry Clay Frick, a successful...
Dot-Com Diehard Credits Hiring
Michael Levy has been running SportsLine.com for so long that back when he tried to drum up financing for the sports media site he was turned down by more than 100 venture firms. That was 1994, before the gold rush. Eight years later, with major corporate...
Facing a Deposition? Drop the Oratory
As told by JOHN LILLY to C.J. Prince What an enviable record I had. After 25 years in consumer products, I had managed to successfully avoid being personally deposed in a single lawsuit. So when my general counsel told me last year that I was being subpoenaed...
Feedback
The Importance of Independence I read John Brandt's editor's note, "Enronize This," in the March issue. I agree with his description of the new reality for auditors. The consulting industry as a whole has been swept into the public debate over auditor...
Global Profits, Ethical Perils
The old adage, "when in Rome do as the Romans do," made decisions easy. The new one, yet to be written, will make life new one, yet to be written, witt make life hard. Dennis Bakke, CEO of AES Corp., the world's largest indepent power producer, based...
Great CEOs: Nature or Nurture?
One of the preoccupations of CEOs-and of this magazine-is the messy and mysterious process by which great leaders, and by extension great organizations, are made. What makes one leader successful while another fails, even though both share seemingly...
Recession? What Recession?
Southern gentleman John Brown achieves 20 percent earnings growth annually-no matter what. Immaculately dressed, John W Brown looks and acts like a perfect Southern gentleman. He insists that you enter the room -or go through the door -first. He, not...
Remembering the Glory Days
Risky ventures with no revenue potential have it a lot tougher than they did in the good ol' days. Not long ago, The New York Tims ran a story about an unusual new car-parking service in New York City. Founded by Theodore Angelus, who made his first...
The Demise of White House Inc
The Bush Administration came to office talking about the need to bring the bottom-line sensibility of American business to Washington. After all, President Bush is the first Oval Office occupant to hold an MBA. His aides spoke confidently of a "CEO approach"...
The Top 20 Companies for Leaders
CEOs explain how they got on the list-and why they're likely to stay there. I have always believed that investing in people is the strongest investment you can make," declades Home Depot Chairman and CEO Bob Nardelli, wrapping up a 100-word-a-minute...
When Customer Focus Is King
case study CHRISTOPHER MILLIKEN HAS seen the future -and it's not about selling paper, pens and waste baskets at rockbottom prices. In 1998, the CEO of Itasca, Ill.-based Boise Office Solutions recognized that the only way to escape the bruising price...