Chief Executive (U.S.)

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Articles from No. 210, July

3G Rolls Out
The technology is hot, but the profits are not.The rollout of third-generation mobile telephone systems around the world begs at least two big questions: Is anybody making much money on fancy new cell phone services? And will customers around the world...
Big Changes in the Chip Industry
More functions combine as circuit sizes plunge.It's a classic business irony: Just as semi-conductor companies are enjoying arguably their greatest burst of creativity-chiefly, integrating the most complex multimedia, graphics, memory and logic applications...
B-School Advantage
Top schools are letting CEOs tailor programs to get the most bang for their buck.Alan Hassenfeld, chairman of toy maker Hasbro, says executive leadership training programs don't work unless top management gets involved. He ought to know. He has been...
Caffeinating American Industry
DOES YOUR BUSINESS NEED A BOOST? JUST ADD COFFEE AND STIR. BY JOE QUEENANSeveral years ago, at a particularly stressful moment during a floundering family vacation, I spotted a filling station in Aberdeen, Wash., that seemed to be advertising refreshing...
Cat Is Back
An icon that once seemed headed for the dustbin, Caterpillar has made an impressive turnaround. Here's how. BY DALE BUSSEvery time he glances out the windows of his seventh-floor office atop Caterpillar headquarters in Peoria, Ill., CEO Jim Owens takes...
CEOs Pick Business Schools
CEO CONFIDENCE INDEXMORE THAN HALF the respondents to our most recent email polling have used business schools to educate or train themselves, their top managers or their board members. But they disagree sharply about which B-schools are best-suited...
Cox: Can He Take the Heat?
REGULATIONChief executives crave some regulatory relief, but Cox has to thrive in a nasty political environment in order to deliver. BY PETER GALUSZKATwo years of tough enforcement at the U.S. Securities and Exchange Commission appear to be headed toward...
Feedback
Separation AnxietyWe commend your article on whether the positions of CEO and board chairman should be separated ("Should the Top Roles Be Split," May 2005). One size clearly does not fit all. There are companies for which separation docs make enormous...
Giant Slayer
Little-known GSI Commerce puts the hurt on Amazon.There is no king in King of Prussia, Pa., but if there were it would be Michael Rubin, the 33-year-old wunderkind chairman and CEO of GSI Commerce. Headquartered in this nobly named 18th century city...
Is the Pendulum Swinging?
Most chief executives I know are stunned by the pounding the media has been dishing out to all CEOs, not just the scoundrels at Enron and MCI/Worldcom. When I have asked them to be visible on an issue, several have said, "I'm just going to let my numbers...
Only a Passing Grade
Garten says B-schools don't prep for the real world.Jeffrey E. Garten, who is stepping clown after 10 years as dean of the Yale School of Management, says he doesn't think U.S. business schools are doing a good enough job. Here are excerpts from a conversation...
Proprietary Software Can't Control the World
Even Microsoft now says it can co-exist with open source software. BY RUSS MITCHELLJürgen Geck held what looked like a silver bullet between his thumb and index finger. "This is a Fisher Space Pen," he said - a pen developed for NASA astronauts in space,...
Railway to Heaven
Domed railcars offer a room with a luxurious view.On a typically glorious late spring afternoon in Washington, D.C., the Capitol Limited, a regularly scheduled Amtrak train, pulled slowly out of Union Station bound for Chicago. To most passengers settling...
Reaping the Rewards of a Diverse Company
There's no doubt that a company's tone is set at the top. BY JENNIFER PELLETFor Wally Parker, a recent conversation with a job candidate underscored the growing importance of his company's longstanding diversity program. "She shared with me that when...
Righting Wrongs in the Civil Justice System
TORT REFORM IS HELPING BUSINESS, YET MORE MUST BE DONE. BY EDWARD M. LIDDYBefore President Bush signed the Class Action Fairness Act of 2005 into law, tort reform efforts always stalled like a car in serious need of a tune-up. But this new law will go...
SEC's Cox Needs Courage-And Wisdom
EDITORIALTHE NOMINATION of Rep. Christopher Cox as chairman of the Securities and Exchange Commission is welcome news. He has an opportunity to turn back the tide of regulatory creep. There will be many crucial issues before him-Sarbanes-Oxley, the expensing...
Tequila's Subtle Secrets
Premium tequila finally gets its due.Compared to Old World spirits with more regal reputations, tequila has long been considered downright tacky. Blame it on a lack of familiarity or the fear of something new from the ranks of the uninitiated, but tequila's...
The Fuel Cell Follies
Are they just around the corner or a perennial pipedream?Standing beside a hydrogen-powered Chevrolet pickup truck built for the Army at a research facility near Rochester, Sen. Hillary Clinton of New York has the ear of a GM official, urging him to...
The Future Is Here. Can It Be Managed?
Key technologies are arriving, but their deployment poses major challenges.To take a snapshot of the future, visit the center of the universe for broadband and mobile technology. The South Korean capital of Seoul is circled by a lightning-quick fiber-optic...
Want Converged Broadband Networks?
No problem. But where are the revenues?Hanaro Telecom is trying to make a living in a risky environment. The eight-year-old Korean-based company recently completed the installation of a 100-city, fiber-optic broadband network on which it hopes to piggyback...
Why CEOs Are Missing the Hispanic Market
TAPPING IT REQUIRES AN INSTITUTIONAL COMMITMENT. BY GARY BERMANMore than 40 million Hispanics live in the United States, representing $850 billion in purchasing power. Now growing at more than three times the rate of the general populace, Hispanics represent...
Why Wall Street Has Cat Wrong
Owens says investors don't understand its strengths.When Jim Owens became CEO of Caterpillar in February 2004, he inherited a company experiencing explosive growth. How long can it last? Here are excerpts from a conversation:You've said Caterpillar has...