Advertisers and entrepreneurs have long seen the human body as a potential bill board. The sandwich board and branded clothing are child's play in comparison with the Australian-based TelePAK ad vest, which boasts a TV that runs advertising spots. And let's not forget the man who received a $30,000 offer after posting his forehead...
The American Red Cross has gone through five leaders in eight years, prompting David Hoffman, CEO of DHR Recruiting to comment, "I don't know how an organization gains any type of momentum with such frequent leadership changes, because each one comes in with a new vision or strategy." Obviously, its better for a...
Even with the strongest commitment to ethical practices, executives can operate without integrity -- perhaps because of greed, maybe due to pressure, or most likely, from a combination of both. Research shows that pressure weighs most heavily. A 2006 study commissioned by the American Management Association and Human...
The south's drying out in a drought, and government officials are starting to wonder if the devil went down to Georgia. Sonny Perdue, the state's governor, is doing everything in his power -- including invoking a higher one -- to combat the drought. Today he'll join lawmakers and ministers on the...
Southwest's made some improvements to its "no assigned seating" policy. For starters, the new "letter and number" system substantially decreases the amount of time passengers spend waiting in line to board. And the latest enhancement: the creation of a "Business Select" class (which CEO Gary Kelley says should add at least $100 million...
Approximately 91% of S&P 500 companies have at least one woman on the board, according to executive search firm Spencer Stuart, and, on average, those women are bringing in about $15,000 more annually than their male counterparts. The Corporate Library's annual pay survey indicated that median total compensation for male corporate directors is $104,375,...
Merrill Lynch posted a $2.3 billion net loss for the third quarter — its biggest since its founding 93 years ago — thanks to risky investments in subprime mortgages. The brokerage firm allowed chief executive Stan O'Neal to "retire" after the board learned of his secret merger talks with Wachovia. (The many ex-employees whose jobs...
In an earlier post, we discussed how companies rely on online reputation management resources to stack the user review deck in their favor -- essentially hiding negative feedback. According to a new study, some of the most influential consumers believe companies are guilty of manipulating reviews through other means, as well....
Wal-Mart reported a higher quarterly profit, but cut its outlook for the rest of the year, blaming inflated gas prices, rising mortgage defaults, and the housing funk for decreased consumer spending. Earlier this year, the retailer renewed its focus on low prices after unsuccessful efforts in apparel and...
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