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BNET Business Dictionary
- Management
- the use of professional skills for identifying and achieving organizational objectives through the deployment of appropriate resources. Management involves identifying what needs to be done,...
- Management definition on BNET »
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- CEOS: Beware of a New Breed of Competitors in Emerging Markets
- For decades, chief executive officers of Western multinationals have concentrated primarily on competing against each other—Colgate-Palmolive kept an eye on Procter & Gamble, Pfizer watched Novartis, United Technologies' Pratt aircraft engine division targeted Rolls Royce and General Electric, and so forth. But now, the Boston Consulting Group...
- Blog posts 2008-03-31
- Cautionary Tale: How Starbucks Lost Its Edge
- Howard Shultz is seeking to revitalize Starbucks now that he has come back in as chief executive officer. He says the reason he's coming back in is not because of competition from McDonald's or Dunkin Donuts. It relates to internal challenges. Here's some of what he said: ...
- Blog posts 2008-03-20
- IBM's Study on Corporate Social Responsibility: It's a New World
- IBM is out with an interesting new study that I think speaks volumes about what top managements should be thinking about these days. Essentially, IBM is arguing, based on a survey of 250 companies globally, that we have crossed from one world--in which chief executive officers worry only about shareholders--into...
- Blog posts 2008-03-18
- An Important Message: Get People Connected
- For those of us who write about business, every once in a while, a book or an article comes along that seems so simple on some levels yet communicates great wisdom. "The Connection Culture: A New Source of Competitive Advantage" is one such work. Here's a link to the download. The author is Michael Lee...
- Blog posts 2008-03-17
- 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
- Are American Multinationals Still "American?"
- In case you missed it, Claudia Deutsch of the New York Times had an excellent article about how General Electric is trying to become even more international than it already is. Many of America's top companies are making 50 percent of their sales offshore. United Technologies makes 60 percent of...
- Blog posts 2008-02-19
- 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
- What the Technology Future Holds: The View From McKinsey
- Three partners from McKinsey based in San Francisco and Silicon Valley have written a very provocative article on future technology trends. It's well worth a look. They examine eight trends, but the one that rings home with me is called "distributing cocreation." Basically, they are predicting that...
- Blog posts 2008-02-13
- Does Detroit Matter?
- I'm in Detroit this week, so let me pose the question to my readers, who appear to be very sharp and technology-oriented: does the survival of an American-owned auto industry matter to the American economy and its technology sector? I think many of you will answer "no."...
- Blog posts 2008-02-12
- Is ISS Too Powerful? And Whose Interests Does It Serve?
- Most people have probably never heard of Institutional Shareholder Services ISS, but it is one of the most powerful players in the battle for control of the American corporation. It is the 800-pound gorilla in the room. The vast majority of directors, executives and other experts involved in running America's companies...
- Blog posts 2008-02-07
- 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
- Bill Gates and Creative Capitalism--Oh, Give Me A Break!
- Now Bill Gates is running off to Switzerland and giving speeches about how we need a more "creative capitalism" that better addresses the needs of the poor. A softer, gentler form of capitalism, is what he suggested to assembled world leaders at the Davos gabfest. But doesn't...
- Blog posts 2008-01-24
- 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
- Starbucks: What Went Wrong at The Top?
- It ain't supposed to work this way. Howard Shultz launched Starbucks Coffee and eventually brought in Jim Donald, first as head of the company's North American business and then in 2005 as president and chief executive, Donald's elevation to the CEO's job allowed Shultz to retreat from the frontlines to...
- Blog posts 2008-01-08
- Year-End Reckoning: China's Yuan Rises, But So What?
- Anyone who thinks about China, and that means everyone who wishes to survive in business, has been hearing the steady drumbeat coming out of Washington: Let's pressure the Chinese to raise the value of their currency. That will take care of all the economic imbalances, real or perceived, between the United...
- Blog posts 2008-01-04
- SEC Chairman Cox Makes Another Smooth Move
- CEOs of small and medium-sized companies should stand up and cheer Christopher Cox, chairman of the SEC. Cox wants to delay, for another year, the deadline for companies with market capitalizations of less than $75 million to comply with Section 404 of Sarbox, which was enacted...
- Blog posts 2007-12-14
- Finally, Getting Real About Google
- As a veteran business reporter who has seen my share of spectacular successes and failures, I've suspected that something was not quite what it seemed at Google. Whenever an executive proclaims that he or she has fundamentally transformed business and created a new "paradigm," it's time to be skeptical....
- Blog posts 2007-12-12
- 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
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