Chief Executive (U.S.)

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Articles from No. 229, October/November

2007 Chief Executive of the Year
"When I think about leadership, I think about the ability to transform an organization to win in the face of unrelenting change and unrelenting competition because that's the world that we live in today, and this definition fits Bob Ulrich perfectly,"...
Apology and Forgiveness
How do you regain customer trust when things go wrong?It is undeniable that at some point your business will suffer a failure that disappoints customers. The measure of a company is defined in these moments.Customers see your true colors at these times...
Colonel Who?
When PepsiCo opted to jettison the Kentucky Fried Chicken (KFC), Pizza Hut and Taco Bell quickserve restaurant brands with a spinoff in 1997, the new company's future did not look particularly bright. Inheriting $4.7 billion in debt and ROI averaging...
Davos or Denial
Should a CEO bother with the World Economic Forum's annual meeting in Davos, Switzerland-where the hype is thick, the air is thin and the opportunities for relationship building tend to trump the content? Yes, but first prepare.Remember your first time...
Ditching Diversification
CEO WATCHSince taking the CEO seat at Pittsburgh-based PPG Industries in 2005, Charles (Chuck) E. Bunch has been leading a charge to transform the coatings, glass and chemical company into a more focused and more global entity. CE talked with Bunch about...
Executive Action
THE CEOs WITHOUT BORDERS CONCEPT GETS A REALITY CHECK. BY JOE QUEENANHigh atop the category "Suggestions That Have Been Far Too Long in Coming" is a proposal to establish a corporate version of Doctors Without Borders. The idea, advanced by the African-based...
Feedback
Why Comp Criticism Is ValidYou sometimes get it right and sometimes not. Your article "Is CEO Comp Criticism Valid?" (September 2007) isn't balanced, starting with the sentence that it is even possible that big company CEOs haven't been getting the rewards...
Fertilizer Foes Settle Fight
[Update]CEO Chronicles has been following a legal dispute between Scotts Miracle-Gro, the $2.7 billion plant food company, and TerraCycle, whose CEO appeared on CE s cover earlier this year. Here's the latest update in this case study of an entrepreneur...
Fixing the Biotech Marketplace
GENERIC BIOLOGIC DRUGS COULD SAVE BILLIONS. BY DAVID B. SNOW JR.The marketplace for drugs from the biotechnology industry, known as biologies, is damaged and needs repair. While biotechnology has revolutionized medical care and improved the lives of...
Global Guru
Tata Consultancy Services (TCS) has been on something of a growth tear over the past year. As India's biggest IT outsourcer, Mumbai, India-based TCS provides software and services for an impressive roster of clients, including IBM, Microsoft, General...
INfact
CEOs are awash in numbers from morning till night. Most of those numbers come to CEOs filtered and organized with a PowerPoint behind every numeral. But decision-makers also benefit from data disconnected from any agenda. The Chief Executive INfact collects...
Listen-And Learn
It wasn't until he left Coca-Cola that Jack Stahl came to a realization: over 20 years of jotting during business meetings about what works -and what doesn't-he had framed out a book. After a stellar career that encompassed tenures as president of Coca-Cola...
Nothing to Fear from Free Trade
EDITORIALLEADERS IN THE DEMOCRATIC PARTY, and even some Republicans, are taking a dark view of the country's historic support of market-opening trade policy.Even though her husband lobbied hard for NAFTA and fast-track authority when he was in the White...
Record Drop in CEO Confidence Continues
CEO CONFIDENCE INDEXTHE RECORD DROP IN CEO CONFIDENCE continued in September. According to 180 top executives surveyed, CEO confidence fell to its lowest level in four years. The leading economic indicator, which measures C-Suite confidence in various...
Succession without Tears
What does it take to manage a smooth leadership transition? BY JENNIFER PELLETCEO succession practices have witnessed a sea change over the past decade. In the not-so-recent past, anointing a successor-regardless of what official corporate policy might...
That Vasella Fella
Swiss drugmaker Novartis has brought 16 new drugs to market in the U.S. since 2000, compared to 13 for Pfizer and 9 for Merck. Now CEO Daniel Vasella is using biologies as a platform for the next stage of growth.The next decade does not look promising...
The Lure of the Vines
Why CEOs make the move from executive suite to wine cellar. BY CHRISTINE ANSBACHERMany CEOs dream of jettisoning the constant pressure of their day jobs for the pleasure of running a business that indulges a personal passion. Owning or running a winery...
The Making of a U.S. CEO
What can business executives learn from political candidates?The U.S. presidential race is entering high season, and leading candidates are jockeying for position. Since leadership is the driving quality that Americans seek in their commander-in-chief,...
The Real Stuff
At the World Business Forum we ran into Herb Celleher, our 1999 Chief Executive of the Year. Alone among the luminous speakers lined up for that spectacle, Herb gave the most compelling presentation. No charts, no data, no big speeches nor animated effects...
Thorns & Roses
ROSE...From his non-statist economic policies to his views on Iran, French President NICOLAS SARKOZY has brought fresh thinking to the Élysée Palace...finalement!THORN...New York Governor ELIOT SPITZER'S stonewalling of the multiple probes into his dirty...
Top 10 Enterprise Risks
What potential threats keep CEOs up at night?Managing business risk has always been a strategic imperative, but perhaps never more so than today. Explosive global expansion, ever-more-onerous regulatory oversight and an environment of rapid change have...