Chief Executive (U.S.)

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

Articles from No. 108, November

Attitude Adjustment
My young friends define someone with an attitude in slightly different ways. In general, however, they refer to a person who is cocky, arrogant, or over-imbued with the importance of his or her position. If they met some of the CEOs I have been running...
Banned in Wilmington-The Vision of the Anointed by Thomas Sowell
THE VISION OF THE ANOINTED By Thomas Sowell Basic Books, 320 pp., $25.Before I became a professor in 1983, I worked at Du Pont Co. in Wilmington, DE, running what we called an "academic affairs program." Part of my job was to find innovative scholars...
Cashing in on Receivables
When economic historians write this century's story, they no doubt will mention the insights of Lord Keynes, the freemarket musings of Milton Friedman, the econometric models of Wassily Leontief, and the portfolio theories of Harry Markowitz. They also...
CEOs at Risk
The parade of CEOs heading for the block gets longer every day. What's behind directors' increasing itchiness to drop the blade?Rallying behind a battle cry of "Joe must go," Kmart's large shareholders pushed CEO Joseph Antonini out the door in March....
Equity Marketing's License to Sell
If you stopped by a Burger King in the past year, you probably would have seen any number of kids happily digging into their French fries, accompanied by their favorite toy from Disney's hit film, "The Lion King."Simba and his buddies--plus Bugs Bunny;...
Evaluating the Boardroom: The Best and Worst Boards of 1995
THE TREND TOWARD INDEPENDENT, PARTICIPATIVE BOARDS CONTINUES TO EVOLVE AT MOST COMPANIES, BUT SOME STILL JUST DON'T GET THE MESSAGE: GOOD CORPORATE GOVERNANCE IS GOOD BUSINESS.Some say the third time is the charm. We'd hoped that when we set out this...
From Competitor to Partner: A Look at One Computer Industry Alliance
Corporations strike strategic alliances when a wily competitor threatens their market share. Allies also hope to save a few bucks in the costly process of making and marketing complex products. A cynic once likened alliances to thieves with hands so...
Getting (Virtually) Real
In the past year or so, an immense amount of attention has been focused on the concept of virtual reality. Virtual reality machines, hyped in the recent films "Disclosure" and "Virtuosity," are helmets equipped with computerized visors that enable the...
How to Avoid Divorce, American-Style
Do U.S. companies often get stuck with the short end of the stick in international partnerships? According to roundtable participants, the hazards that exist for all strategic partnerships are exacerbated when American companies form alliances with offshore...
In Search of the Mother Lode
Coal has taken its lumps over the years, but Chand Vyas would like to change all that. "Everyone has always described the coal industry with a D-word: damp, dirty, or dangerous," says Vyas, CEO of the fifth-largest coal producer in the U.S., $870 million...
King of the House
Stepping briskly onto the second floor of the new Crate & Barrel store in Manhattan, Gordon Segal fixes upon a green wicker chair near the escalator. The finish bothers him. "It should have come in with a matte glaze," he says disapprovingly. "Maybe...
Mandate Madness
Pruning government regulations, which carry an estimated $600 billion annual price tag, has long been high on corporate America's wish list. Last November, U.S. voters signed on with a new trimming service in the form of a Republican-led Congress. But...
Monitoring Board Self-Assessment
Today's boards seem to have gotten the hang of handing out CEO report cards, but they appear a little reluctant to grade themselves. According to Korn/Ferry International's 22nd Annual Board of Directors Study 1995), 67 percent of mid-sized companies...
Outsourcing: Seizing the New Markets in Corporate Functions
Is overhead a thing of the past? Not yet. But as markets develop for mission-critical services, providers can sometimes do it better, faster, and more cost-effectively. CEOs must know how to rate themselves against the new competition.What have we done...
Saving the Inner Cities: A Call to Business
Despite decades of failed investment in America's inner cities, businesses are still faced with the great urban challenge: how to participate in urban renewaland make it work.Despite what you might have heard, all is not lost in America's inner cities.Every...
Slouching toward a Global Economic Revolution
As an investment banker, I'm accustomed to interpreting numbers. But it took words to bring home to me just how irreversibly the world's economy has changed. The words came from the premier of China, Li Peng, who questioned me last year on how he could...
Strategic Partnering
Strategic partnerships are on the increase as companies band together to capitalize on global opportunities or solidify customer-supplier ties. But do these relationships yield their potential? CEOs debate the merits and pitfalls of the strategic alliance.Competition...
The Big Picture
George Fisher stepped into Eastman Kodak's CEO frame after the company had endured four restructurings over seven years. After two years, the questions facing him now are: How fast can Kodak grow and how soon?When George M.C. Fisher became chairman,...
The Hallmarks of an Effective Board
Since our previous two studies, based on the 1993 and 1994 proxy statements, there seems to be a growing consensus on the characteristics of an effective board. Several detailed reports have delved into the trends in corporate governance that are, or...
The New Generation of Mortgage Products
Your parents probably told you that the best investment you could ever make would be to own your own home. That may have been true when annual, double-digit upticks in real estate value were practically automatic, but a decade ago, the balloon popped,...
Top 12 Traits of Today's CEO
The days of micromanagement and ironfisted CEOs are gone. Today's executives need a new bag of skills to cope with the challenges of globalization, empowerment, and technological innovation.Eastman Kodak's George M.C. Fisher said it best a few years...
Trade Backlash
"That big 'sucking sound' you hear is a UFO landing on Ross Perot's head and surgically removing his brain." Thus, spoke a CEO I know when asked what he thought of the famous CNN debate two years ago between Vice President AI Gore and sometime presidential...
Transitions
William J. Bolton, 49, was named chairman chairman and chief executive of Birmingham, AL-based Bruno's Inc., a grocery chain. The former president of Jewel Food Stores, a subsidiary of American Stores Co., a grocery and drug-store chain based in Salt...
Welcome Warehouses
Information is the lifeblood of companies. Without timely, accurate information about customer buying trends, operational performance, and marketing campaigns, business grinds to a halt. Unfortunately, in most companies, this information is either imprisoned...