Chief Executive (U.S.)

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

Articles from No. 123, May

20th Anniversary Reflections: In Sequence
In celebration of Chief Executive magazine's 20th anniversary, we've asked CEOs who've held their positions for the better part of that period-or longer-to reflect on the changes they've experienced during that time: Changes in their industry, changes...
A Chemical Reaction
PROFILE MICHAEL A. McLAIN President and CEO DOW BRANDS Age: 47 Birthplace: Montgomery, AL Family: Married; two sons, 18 and 16; one daughter,14. Education: BA in marketing from Auburn University; MBA from Furman University. On speed: "You can't wait....
Card Shark
Atypical Saturday afternoon finds Frank O'Connell browsing the greeting cards displays in retail stores and calling one of his merchandisers by cell phone to ask why there are empty slots where the finest Gibson Greetings, Inc. products should be. Since...
Certain Trumpets
The very essence of leadership," former Notre Dame president Ted Hesburgh once said, "is that you have to have a vision. It's got to be a vision you articulate clearly and forcefully on every occasion. You can't blow an uncertain trumpet." Identifying...
Come out Smoking
One of the harsh truths of the marketplace is that an advertising strategy that works for one product will not necessarily work for another. Sneaker companies seem to have no trouble pushing their merchandise out the door via dark, brooding, TV commercials...
Dynamics
Turning knowledge into Action In the future, it may be possible to learn directly from others by downloading entire thought processes into another's brain or living out life experiences in controlled virtual realities. But for now, learning is a chaotic...
For Big Yields, Think Small
For executives interested in measurably increasing investment yields without unduly increasing risk, it pays to think small. Small cap converts, that is. More precisely, convertible debt securities or convertible preferred stock issued by smaller companies...
Front Lines
In an effort to revive its lagging Internetware network operating system-and steal market share back from Microsoft's WindowsNT-Novell, Inc. has announced plans to form a network software company with Netscape Communications Corp., to be called Novonyx....
Letters
To the Editor: Regarding the sustainability of today's competitive position of U.S. businesses versus Japan, my view is as follows: our U.S. advantage is quite limited and focused in certain key technology areas. The major technology areas that come...
Making the Most of Groupware
It's the nightmare outcome for every company that installs groupware. Invest in a class of information technology to enable the global diffusion of local creativity and knowledge, and what happens? Your team ignores advanced applications like threaded...
Metrics
If you can't measure it, it doesn't exist For a long time, KM skeptics have argued that organizational knowledge or collective IQ is too ephemeral to be measured. "That's a cop out," says an impatient Paul Strassmann, leading knowledge capital (KC) consultant...
Only as Good as Your Weakest Link
ONLY AS GOOD AS YOUR WEAKEST LINK As the race to diversify in an increasingly commoditized market heats up, industry experts point to those with integrated, Web enabled SCM processes as the Iikely winners. While higher-end and more affordable technology...
On the Mark
Ask Enron International's chief executive to pick a favorite region of the world for business and you get an unexpected reply. "Oh, South America for sure," says the Houston-based energy giant's CEO. For it's profit margins? Its growth potential? Not...
Shaheen's Advice Machine
Whoever said advice is cheap obviously hasn't reckoned with the $20 billion management consulting industry, which has been growing by more thai 10 percent a year for the last seven years. For all the talk about downsizing for clients, consulting firms...
Sixth Annual: The CE100 Index
Whether their footprints are engraved in front of some corporate Mann's theater or about to be washed away by a passing tide, the achievements of this year's CE100 class are estimable-and enviable. How did these companies move their stock prices into...
Tales from the Dark Side of Cyberspace
THE INTERNET HAS MADE IT POSSIBLE FOR YOU TO GLOBALLY DISTRIBUTE GLOWING REPORTS ABOUT YOUR COMPANY. BUT BEWARE: ROGUE WEBMASTERS ARE LEARNING TO USE THIS TOOL TO RIP YOUR COMPANY APART. It's cheap, it's interactive, it's globally accessible; it can...
The Corporate Brain
As the latest method for harnessing corporate power to grind a competitive edge, Knowledge Management has become all the rage. But what exactly is it? Over the past two years, Texas Instruments has managed to generate one "free" wafer fab, or integrated...
The Future of IT
The Future of IT On a recent visit to New York, Professor Michael Dertouzos, Director of the MIT Laboratory for Computer Science, and author of What Will Be How the World of Information Will Change Our Lives, stopped in to chat with CE about CEO strategy...
The Great Value Migration
A VIRTUAL BOOKSTORE CALLED AMAZON.COM TAKES ON B. DALTON. XEROX STEALS A CHUNK OF THE TEXTBOOK MARKET. CIRCUIT CITY BRINGS A CIVILIZED APPROACH TO USED CAR SALES AND REVOLUTIONIZES AN INDUSTRY. IT'S CLASSIC DAVID AND GOLIATH. OR IS IT INVASION OF THE...
The House That John Built
When he was hired as chairman and CEO of SPX Corp. in December 1995, John Blystone knew that turning around the troubled Muskegon, MIbased producer of specialty tools and original equipment components to the automotive industry would be no joyride. After...
The Lager Connection
The Lager Connection Michael Foley, CEO, Heineken US.A. Securing a place in the Information Age can mean risking everything on a new approach and a gut instinct. Often, as this CEO learned, if something doesn't appear broken, the best thing you can do...
The Learning Equation
America's government-run system of primary education (K-12) is a wreck. Even Education Week concluded that government schools were failing to equip children with the skills necessary to compete in today's information economy. At Pacific Research, we...
Ugh, the Annual Meeting
It was annual meeting time throughout Corporate Land and thousands of CEOs had prepared themselves to answer a bewildering array of questions from a large claque of shareholders. A beautiful series of slides were made and shown. Resolutions were offered,...
Warning: Speed Bump Ahead
It was a familiar enough story in Eastern Europe back in 1989. One minute, our local hero (this one Hungarian) is happily turning out family sedans: nothing special, but with a certain charm in the form of immunity from the 19 percent import tariff slapped...
When Growth Eats Away at Cash
One of Wall Street's longest-lived aphorisms cautions that "growth sucks up cash." You've probably experienced the harsh reality of this at varying times in your career, particularly if you've tried to keep a small cap company on a growth trajectory....