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- Memo to Michael Dell: CEO Sharing Doesn't Work
- Dear Michael, Remember when I came down there to Round Rock and interviewed you and Kevin Rollins almost five years ago? It was for Chief Executive magazine. Basically, I believed you and Kevin when you told me that it was possible for two people to share the...
- Blog posts 2008-02-29
- Indian CEOs in Demand--Indra Nooyi of Pepsi
- Fortune magazine has a cover story on Indra Nooyi, the relatively new CEO of Pepsi. It makes for interesting reading and I recommend it. We've had this discussion about Indian CEOs in the Corner Office before but the thing that strikes me about Nooyi is that she...
- Blog posts 2008-02-27
- Nell Minow: What Went Wrong at Citi, Merrill
- Nell Minow, editor of The Corporate Library, has been a gadfly and corporate critic for many years. Her No. 1 issue these days is compensation for chief executive officers. And she's right that mismanagement of CEO compensation played a role in what went wrong at the top of some of...
- Blog posts 2008-02-21
- The Myth of Splitting the CEO/Chair jobs
- By now, it's the perceived wisdom that people who are chief executive officers should not also be chairmen of the board. Institutional Shareholder Services and all sorts of rating agencies state, with complete conviction, that the job should be split--at all times, and at all companies. But...
- Blog posts 2008-02-15
- Why Directors Should Not Become CEOs?
- The Wall Street Journal'sĀ Joanne S. Lublin says today that in the latest version of management musical chairs, outside directors are moving insde as chi'ef executive officers. Because it's such a hassle to access the Journal site, here's the jist of what she...
- Blog posts 2008-02-04
- Study: Many Directors Think CEOs Are Overpaid. Will They Fix It?
- CEO pay is "too high in most cases," say about one in three directors of U.S.-based public companies in a just-released survey by Heidrick & Struggles InternationalĀ and the Center for Effective Organizations CEO at the University of Southern California's Marshall School of Business. The survey also found...
- Blog posts 2008-02-05
- Five Tips for CEOs on Innovation
- An absolute ocean of ink has been spilled about innovation but--to save you countless hours of reading--I'm going to boil the best insights I've gleamed from years of reporting on the subject: Create a company-wide culture where innovation is worshipped. Everyone should feel they can be involved...
- Blog posts 2008-01-30
- The Case For Global Diversity: Four Tips On What Works
- Chief executive officers and top managers have been giving lip service to the concept of ethnic and sexual diversity for many years--with only scant results. Many boards have a token African-American and a token woman, but their presence has no impact on the organization. The number of women on boards...
- Blog posts 2008-01-25
- The New CEO Philosophy Regarding Boards
- For many years, CEOs regarded boards as necessary evils. Their goal was to stack the board with people who wouldn't challenge management's authority. After Enron and Sarbanes-Oxley, boards veered in the other direction--they included more independenty directors who were more inclined to challenge and question a CEO and his or...
- Blog posts 2008-01-22
- Did Meg Whitman Fail?
- This is a tough question to ask because Meg Whitman has been a legendary Silicon Valley CEO for 10 years and one of America's leading women CEOs, but ask it we must: does her expected departure from eBay at the age of 51 signal a management failure on her part?...
- Blog posts 2008-01-23
- Practical Advice for Small Company CEOs Going Global
- Say you're the CEO of a company ranging from say $30 million to $250 million a year and you've never being able to figure out a way to go global. That's unfortunate but not fatal. You still have time. And in view of what's happening to the domestic U.S. economy,...
- Blog posts 2008-01-17
- CEO Comp: Their Personal Assets Should Be At Risk
- I'm indebted to Thomas Kirchner, a fellow business commentator, who has a radical idea. If the goal of organizing a CEO's compensation is go give him or her a real personal stake in how the business performs, why not look at how Porsche has structured the compensation of CEO Wiedeking?:...
- Blog posts 2007-12-27
- Cisco: Is John Chambers Overstaying?
- This is a difficult subject to raise because John Chambers has been such a forceful and effective CEO of Cisco Systems. But the departure of his No. 2 executive and likely successor, Charlie Giancarlo, forces us to confront the inevitable: is it time for Chambers to move on? ...
- Blog posts 2007-12-21
- Sprint Nextel: A Case in Point in Bad Board Management
- The board of Sprint Nextel has been spectacularly ineffective. It's one of the most shocking examples in corporate America of a board that's completely asleep at the switch. First, it allowed word to leak that it was looking for a successor to CEO Gary Forsee, who got...
- Blog posts 2007-12-20
- The Coke Board Gets It: A Lesson in CEO Succession
- Bravo to the board of Coca-Cola and Chairman and CEO Neville Isdell: This is how to handle CEO succession. Isdell, who is 64, announced he would step down as CEO and turn over the reins to Muhtar Kent, 55, who had been serving as president and chief...
- Blog posts 2007-12-10
- The Curious CEO: Four Keys to Becoming a Great Leader
- In my interviews and meetings with hundreds of CEOs over the years, I've noticed that the best ones have a burning sense of curiosity. I think it's one of the most important differentiators. Here are the ways they manifest that curiosity: Reading Outside Their Industry. It's easy...
- Blog posts 2007-11-27
- Fred Smith's Golden Rule for CEOs: Be Selfless
- Fred Smith, the founder and chairman of FedEx, is one of the country's most brilliant and well-read CEOs. He's especially fond of reading military histories of figures such as Alexander the Great and seeking clues to leadership from them. In one of my meetings with him over the years, Smith...
- Blog posts 2007-11-19
- Five Big Challenges for CEO Compensation Committees
- As thousands of public companies contemplate the 2008 proxy season, which will once again center around the issue of CEO compensation, here's what smart comp committees ought to be thinking about: Get the math right. How can you get the resources and information to really get a...
- Blog posts 2007-11-15
- Going Global? A CEO Checklist
- Let's say you're the president or CEO of a company that has not yet figured out how to play the international game. Here are the essential lessons I would offer as starting points: You as CEO have to be personally involved. It's not enough just to hire...
- Blog posts 2007-11-13
- Make Executive Sessions More Than Just Gripe Sessions
- Ever since the Sarbanes-Oxley Act of 2002 and the accompanying new rules from the major stock exchanges, boards of directors of publicly held companies have had to have a majority of independent directors. And many more today also have lead directors, even at companies where the CEO is also chairman...
- Blog posts 2007-11-15
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