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There's a New Chief in Town.
August 1, 2001... Welcome to the new Chief Executive.
We've changed our logo (look again), we've revised our design, we've added new columnists, and we've retooled our departments. But the real changes in Chief Executive are those of attitude, focus, and...
Good-bye.(final Speaking Out column for Robert W. Lear)(Brief Article)(Column)
August 1, 2001... This is my last Speaking Out column for Chief Executive magazine. The time has finally came for me to pack it in.
It all began in 1978 when I wrote an article for Issue #7 of this new magazine for CEOs. The article was titled, "How to...
How To Perform a Heart Transplant and Survive Through Layoffs.(Stock Exchange CEO instills new work ethic)(Brief Article)
August 1, 2001... what they didn't teach in biz school
ONE COLD WINTER NIGHT in 1996, Robert Forney, then the CEO of the Chicago Stock Exchange, boarded a bus destined for a troubled inner-city neighborhood. It was Forney's first excursion with the Night...
Boeing's Boys.(Alan Mulally, James Albaugh, Gerald Daniels gain CEO titles, speculation on who among them will head co.)(Brief Article)
August 1, 2001... BOEING'S DECISION TO ANOINT three of its executives with CEO titles last spring creates a tacit contest for succession that will be hard to call when head CEO Philip Condit passes the crown.
All three men--Alan Mulally, James Albaugh, and...
Time to Take Stock of the Internet.(web forces CEOs to monitor rumors)(Brief Article)
August 1, 2001... DAVID HOLTMAN SAW FIRST-HAND the impact Internet hearsay can have on stock prices when he was chief technology officer at Network Solutions Inc. (NSI) five years ago. NSI had just embarked on a fragile IPO, and was getting hammered on message...
New Captains Sail into Tech Town.(what's wanted in Silicon Valley CEOs)(Brief Article)
August 1, 2001... EVEN AS SILICON VALLEY'S first-generation CEOs steer their Lexus convertibles into the hills, impatient investors and young founders are hailing a second wave of corporate captain -- a saltier breed skilled in scaling up businesses and building...
High Turnover Turns Off Wall Street.(Werner Heid new CEO of IOMEGA Corp.)(Brief Article)
August 1, 2001... IOMEGA HAS A NEW CEO. Again Werner Held is the fourth CEO to head the Roy, UT, data storage company since Kim Edwards, progenitor of the Zip drive, left in 1998. Held, formerly president of Proxima, lays claim to 16 years of experience in the...
The Business Council.(America's unoffical cabinet)(Brief Article)
August 1, 2001... LONG BEFORE RICHARD CHENEY and Paul O'Neill joined the Bush team as vice president and treasury secretary, they were members of America's unofficial cabinet: The Business Council. Member CEOs of this corporate clique founded in the Depression...
Good, Bad, and Both.(Brouillard Communications survey on most/least desired CEO jobs)(Brief Article)
August 1, 2001... ONE PERSON'S DREAM JOB is another's nightmare, according to the latest survey on corporate reputation by Brouillard Communications. The three companies that appear in both rankings all have the dubious distinction of high-profile reputations,...
Why I Don't Take a Salary (and No, I'm Not Crazy).(Brief Article)
August 1, 2001... About six years ago, Stanley Westreich, the head of Capital One's compensation committee, asked me if I was enjoying my job. I said that while I was having a fabulous time running Capital One, I was sometimes a bit wistful for the early days...
Russia's Nigeria Connection.(Brief Article)
August 1, 2001... For businesses invested in Russia, recent developments have appeared positive. Many Russians themselves consider the election of Vladimir Putin a promising sign. They applaud their president's move to clean up Gazprom, and saw his replacement...
Why the White House Drives its CEOs Crazy.(Brief Article)
August 1, 2001... Vice President Dick Cheney is not known as Washington's wittiest after-dinner speaker. But not long ago, he offered this pithy assessment of why, after a career as White House Chief of Staff, Wyoming Congressman, and Defense Secretary during...
Chief Executive of the Year Dinner 2001.(Michael Dell)
August 1, 2001... In the early evening of July 19, Michael Dell stood on the floor of the New York Stock Exchange, gesturing excitedly. The NYSE is not the place you'd expect to find the founder and CEO of Dell Computer Corp., a company listed on NASDAQ.
...
The Highs and Lows of BEING A CEO.(chief executive officer)(Brief Article)
August 1, 2001... Of all the challenges a CEO faces today, simply showing up to accept the job would hardly rank near the top of anyone's list. But for L. Dennis Kozlowski of Tyco International, even that ceremonial occasion proved an endurance test of sorts....
NAILING 400 deals.(L. Dennis Kozlowski of Tyco International Inc.)(Brief Article)(Interview)
August 1, 2001... AS THE CEO of a company with a reputation for consuming other companies, L. Dennis Kozlowski knows that what may at first seem like idle chatter is rarely that-idle Whether the setting is a cocktail party; a fundraiser or even a backyard...
CAPTURING the most sought-after account of the season.(AT and T Wireless)(Brief Article)
August 1, 2001... ON A SUNNY AFTERNOON IN late June, Shelly Lazarus I headed west from midtown Manhattan to the Paramus, NJ, offices of AT&T Wireless, the newly independent offspring of AT&T Corp. With her were a dozen staffers from Ogilvy & Mather Worldwide,...
MERGING with a larger competitor.(British Petroleum P.L.C.)(Amoco Corp.)(Brief Article)
August 1, 2001... BIG OIL WAS GROWING bigger in 1998.
Seeking to boost its bottom line, British Petroleum PLC spent more than $52 billion for smaller rival Amoco Corp.
Industry observers scrutinized the deal, poring over details such as the combined...
Being DELISTED from NASDAQ.(Hauser Inc.)(Brief Article)
August 1, 2001... IN THE SUMMER OF 2000, Hauser Inc.'s stock was taking a beating, with shares trading below $1 for three months running. Then in October, the really grim news arrived: The NASDAQ National Market planned to de-list the company, relegating it to...
FIGHTING a hostile takeover.(Chapters Inc.)
August 1, 2001... AS CANADA'S BOOK-selling king, Larry Stevenson over-saw an expanding empire. The CEO of Chapters Inc. already operated more than 300 stores nationwide in 1998 when he began selling over the Internet as well. A year later, Stevenson launched a...
ENDURING a shareholder lawsuit.(American Bank Note Holographics Inc.)(Brief Article)
August 1, 2001... AMERICAN BANK NOTE Holographics Inc.'s future looked grand in the summer of 1998. Customers such as Visa, MasterCard, and the U.S. government were using the company's holograms on cards and documents to guard against fraud. Sales appeared to be...
LEARNING about the market from your kids.(Brief Article)
August 1, 2001... RON BENSION AND HIS YOUNG SON, Alex, visited a video arcade last year where they played one of the newest games, a contest in which the object was to blast ghouls to smithereens.
As the 8-year-old chatted about the game on the way home,...
TRAVELING 200/365 days of the year.
August 1, 2001... RONALD DOLLENS' FLIGHT from San Jose, CA, to Chicago didn't start off well: After boarding the commercial jet, the CEO of Guidant ended up sitting, for an hour on the tarmac, waiting for a delayed pilot.
Then things got worse: After...
WINNING the Malcolm Baldrige.(Los Alamos National Bank receives Malcolm Baldrige National Quality Award)(Brief Article)
August 1, 2001... BILL ENLOE, CEO of Los Alamos National Bank, heard the good news last November during a brief phone call from then-U.S. Commerce Secretary Norman Mineta: The New Mexico bank had won the Malcolm Baldrige National Quality Award, one of the most...
FOLLOWING a legend.(Joe Tucci, EMC Corp.)(Brief Article)
August 1, 2001... WHEN JOE TUCCI TOOK the CEO chair at data storage powerhouse EMC, he inherited a healthy company with an enviable track record. Under his predecessor, Mike Ruettgers, the $8.87 billion company had grown for a decade. Between 1997 and 1999...
Jack Daniel's A Single Barrel To Call our Own.(Jack Daniel's Distillery Lem Motlow Prop.)(Brief Article)
August 1, 2001... First, which barrel do you want? Well, head over to Lynchburg, Tennessee, where every drop of Jack Daniel's is distilled and bottled, and get a taste for yourself. Jimmy will open some and give you a few precious sips. "We'll sit down at the...
Pay in the BALANCE.(severance packages)
August 1, 2001... Some severance packages are so rich it's a wonder CEOs still work. Here's how to avoid shareholder ire in compensation.
What a difference a year makes. In 1999, the outcry over CEO compensation was muted by spectacular shareholder returns....
INVENTIVE Minds.
August 1, 2001... If there were a blueprint for creating a company-wide culture of innovation, these CEOs would tear it up.
Tom Kelley is a sort of litmus test for what corporate America is obsessing over. As general manager of the famed design shop Ideo,...
Goodrich RETREAD.(BF Goodrich Co.)
August 1, 2001... It makes aircraft landing systems, not tires anymore, but can CEO David Burner remake the stodgy manufacturer's image on Wall Street?
An official-looking letter arrived at the Charlotte, NC, headquarters of BF Goodrich last January, adorned...
Place Your BETS.(CEOs increase information technology spending)
August 1, 2001... CEOs play an increased role in technology decisions; they're tightening the strings, but not yet abandoning investments.
If you want a glimpse into the way companies are changing priorities for information technology spending these days,...
More than FREE E-MAIL.
August 1, 2001... The corporate world gives digital "have nots" access to the Internet via complex networks; critics wonder when and if efforts will pay off.
Twelve-year-old Rodney F., who was born in Guatemala, has been in the United States less than a...
The Revolving Door of Talent.(chief executive officers)(Panel Discussion)
August 1, 2001... IN THE EXECUTIVE ranks, the war for talent rages on, fierce as ever. Here are some orders from CEOs on the front lines.
Jordan, Pippin, Rodman, Kukoc, Kerr, Longley. Phil Jackson and his Chicago Bulls scored an unprecedented six...
From Corner to COMMUNITY.(transformation of CEO office space)
August 1, 2001... Once the most prestigious location for a CEO, the corner office is giving way to less formal space, allowing easier access to and for employees.
One hundred years ago, the boss considered his office the greatest symbol of success and...
Captains in a Sea of Danger: CEOs as Navigators of Risk.(Panel Discussion)
August 1, 2001... IN A WORLD OF rapidly expanding connectivity, is there any way to keep your company safe?
New opportunities and new markets beckon CEOs from around the globe. But for many corporate leaders, seizing those opportunities means steering their...
Big Picture Book.(Eco Efficiency)(Review)
August 1, 2001... Livio DeSimone
Frank Popoff
DEPENDING ON THE reader, this book by Livio DeSimone, former chairman and CEO of 3M, and Frank Popoff, former chairman and CEO of Dow Chemical, may seem either a valuable primer on environmental stewardship...
Telecom Timeline.(Global Communications Since 1844: Geopolitics and Technology)(Review)
August 1, 2001... Global Communications Since 1844: Geopolitics and Technology
By Peter J. Hugill Johns Hopkins University Press, 1999
NEED AN ANTIDOTE to the gloom and doom surrounding the high-tech market? Read Peter J. Hugill's Global Communications...
In Fed We Trust?(Fed: The Insider Story of How the World's Most Powerful Financial Institution Drives the Markets)(Review)
August 1, 2001... The Fed: The Insider Story of How the World's Most Powerful Financial Institution Drives the Markets By Martin Mayer The Free Press, June 2001
AS A NATIVE Californian who went through the quake of '94, I've felt a world that for decades...
When Excellence Isn't Enough.(Brief Article)
August 1, 2001... What seems like an eon ago, Tom Peters catapulted himself onto the national stage by co-authoring In Search of Excellence. Largely a paean to IBM, which at the time was the most powerful company on earth, this highly readable book was...