Chief Executive (U.S.)

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

Articles from No. 139, November

Are You Euro Compliant?
As we began reviewing in last month's column, it is becoming increasingly clear that, while the euro poses significant IT challenges-and arguably some more complex than the Y2K issue-it is not simply a technology event. The list of financial systems...
Auditing the Audit Committee
In the October 1998 issue of this magazine, I urged chairmen and CEOs to launch a concerted effort to improve the quality and effectiveness of the compensation committees of their boards. I suggested the recruitment of some specially qualified directors...
Beyond the Balance Sheet: Measuring Intangible Assets
A company's intangible assets can often be its greatest competitive weapon. But, until now, those assets have been missing from the balance sheet. Here's how one firm measures them. While many companies have strived to differentiate their annual reports...
Beyond Today's CEO
Filling the shoes of a successful leader is not enough. Tomorrow's CEO must srupass today's. But how can a rapid-growth company find someone worthy of the top slot? In 1997, your company had a record year: Ongoing revenues rose to $89.3 billion; up 13...
Chief Executive of the Year 1998
"I accept this award truly humbly tonight because one of the advantages of having a big family and a long marriage is that your shortcomings are constantly identified, discussed, and kept fresh on your mind," said AlliedSignal's Larry Bossidy, in accepting...
Confessions of an Annual Report
Down through the ages, mankind has been able to cling to but a few certainties: death, taxes, the Cubs never winning the pennant, and the defiantly uninformative, diabolically uninteresting style of the corporate annual report. Sadly, this fourth cornerstone...
Front Lines
Don't scoff at the notion of paying regular visits to, say, milk.com or broccoli,veg. Online grocery sales are projected to reach $10.8 billion by 2003, according to a report from Forrester Research. However, that will still amount to less than 2% of...
Games without Frontiers
The Futures Group. To stay sharp for combat, or flex our muscles for foreign adversaries, the U.S. Armed Forces often conducts "war games"-an oxymoron in grammatical terms perhaps, but in reality a useful tool for preparing our generals and other military...
Getting an E for Effort
First there was e-mail, then e-commerce. Now there are e-annuals. No, not annual reports on-line (which abound), but reports that warrant a decided "E" for effort, having some, but not all, of the stuff that makes the highest grade. Take the Berkshire...
Going for the Green
The 59-year-old chairman of Fleet Financial belongs to three Eastern golf clubs, including the spectacular Augusta National. But his favorite golf hole is found at a West Coast resort course he gets to play far less frequently. "It's the 8th at Pebble...
Grimm Reaper
For a nation raised on the blood-curdling tales of the Brothers Grimm, the morning oi 28 September must have come as a particular sort of shock. The night before, a sizeable majority of Germans had gone to their beds unable, quite, to believe that the...
Letters
A KIND WORD FOR KYOTO To the Editor: Ron Bailey's recent article, "The High Cost of Kyoto" (CE: June 1998), got it half right. Multilateral environmental protocols such as that signed in Kyoto will have an enormous impact on U.S.-and worldindustry. Indeed,...
Material Guy
Whether justifying the expansive business strategy of multiple acquisitions or negotiating compensation with his non-union work force of nearly 6,000 employees, Bob Cardy, chairman, president, and CEO of Carpenter Technology Corp., is not likely to be...
Measuring the Value of Your IT Investment
One need not resort to quantum physics or probabilistic outcomes calculations to better understand the business returns to IT investment. First, be clear about what you're asking the IT investment to do. The measures you select will drive behaviors accordingly....
Peter Drucker on the Profession of Management
Peter Drucker on the Profession of Management Edited and introduced by Nan Stone. Harvard Business Review, $30.00, 188 pp. Over the years, I suppose I have read more of Peter Drucker than any other business writer. His 29 books-especially, The Practice...
Privatizing Social Security
What hath Ida Mae Fuller wrought? Certainly she had no idea of the turmoil and angst that would eventually flow from the $22.54 check she received nearly 60 years ago as the nation's first Social Security recipient. Ida Mae died in 1975 at 100 after...
Teachers Expands Its Curriculum
Size doesn't matter? Don't you believe it. With $223 billion in assets under management, TIAA-CREF is the largest portable on system in the world-which gives it plenty of market clout. So when The Teachers calls on you to discuss corporate governance,...
The 10 Best Annual Reports of 1997... and the 10 Worst
Annual report are getting better. But for CEOs, and their letters to shareholders honesty is still a lonely word. THE BEST REPORTS Talk about improvement. Today's annual report is, by far, more substantive, more colorful, and more revealing than ever....
The English Power Broker
Ian Robinson does not look anything like a corporate warrior. In fact, the 56-yearold chief executive of energy utility Scottish Power looks decidedly more like a benevolent grandfather, with a disarmingly easy manner that has always stood him in good...
The Green God
Recently a friend sent along a client trend letter outlining the collective thinking of the Ambrosetti Conference, a gathering of exalted business and political leaders who assemble each year in Cernobbio, Italy, to ponder global trends. In attendance...
The Honest Ducklings
As too many CEOs stealthily conceal losses and sidestep disquieting facts in letters to shareholders, GE's Jack Welch and Berkshire Hathaway's Warren Buffet-always watched dogs at annual report time-set good examples by immediately addressing the elephants...
The Other Coors
Brothers Joe and Jeff Coors run the least glamorous, least famous company within their family's business empire: ACX Tehnologies, a manufacturer of corrugated boxes and ceramic components. But ask them if they regret not working for Adolph Coors Co.,...
Turning Up the Heat
The whole aim of practical politics," wrote H.L. Mencken, "is to keep the populace alarmed (and hence clamorous to be led to safety), by menacing it with an endless series of hobgoblins, all of them imaginary." Global warming-now known as "climate change"-is...
Web Watch
Government agencies are striving to do more with less-and in particular, to be more accessible and responsive to the citizens they serve. Technology Is becoming a vital force in this effort, as a growing number of agencies turn to the Net to disseminate...