Directors & Boards articles from January 1991

Directors & Boards archives from January 1991

The emergence of the global consumer. (Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... Europe's economic revolution is forcing manufacturers to look at their marketing opportunities in a new way. Six predictions about the future. For many years I resisted the concept of the global brand. The diversity of language, taste, and...

'Go there and get the business.' (interview with PepsiCo's Chairman of the Executive Committee Donald M. Kendall on business opportunities in Eastern Europe)(Chairman's Agenda: Acquiring in Eastern Europe) (interview)
January 1, 1991... Don't play the waiting game in Eastern Europe and the Soviet Union. An interview with PepsiCo's Donald Kendall One of the exhibits at the 1959 American National Exhibition in Moscow was a display of Pepsi-Cola. Soviet Premier Nikita...

Reconstruction and the art of the possible. (American participation in development and investments in Eastern Europe)(Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... Just as the U.S. committed itself to Western Europe at the end of the 1940s, so too must it now invest in the future potential of Eastern Europe. The political changes in the Soviet Union, and in almost all the East Bloc countries, have...

Sunset of the 'nomenklatura'. (communist bureaucracy and privatization)(Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... Capitalists take cheer: The command economies' and the communist bureaucrats' days are numbered. As someone who has helped design tax systems for governments around the world, Patrick L. Clawson chuckles good-naturedly when he talks about...

Assessing the market and the opportunities. (doing business in Eastern Europe)(Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... The best immediate possibilities for U.S. companies are in priority industries targeted by the governments. Here are some of those priorities. Eastern Europe and the Soviet Union together represent the last untapped market in the developed...

Prospecting for acquisitions. (planning investments in Eastern Europe)(Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... Look for the laws all over Eastern Europe to be modified further to make acquisition of equity stakes more attractive. Starting up a new business through joint ventures with East Bloc partners has been the traditional entry strategy into...

From the bizarre to the merely complex: a legal perspective on the changing rules of the game in investing in Eastern Europe. (Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... A legal perspective on the charging rules of the game in investing in Eastern Europe Any perspective on Eastern Europe -- be it legal, economic, political, or otherwise -- must address the ongoing, dynamic changes that pervade this part of...

'What's the value of this thing?' (valuation of Eastern European businesses)(Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... Some practical considerations in coping with the uncertainties of East Bloc business valuation. Most business people would throw up their hands if asked to value a company operating amidst the accelerating political, economic, and social...

A cautious venture capitalist. (evaluation of ventures in Eastern Europe)(Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... How does a venture capitalist view the opportunities in Eastern Europe? What better person to ask than Alan Patricof, founder of Alan Patricof Associates, one of the largest, most international and most experienced venture capital firms. He has...

Recruiting the Eastern Euro-executive. (selection and assignment of corporate executives to posts in Eastern Europe)(Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... For those seeking to fill posts in Eastern Europe, the search for talent requires a different |modus operandi.' It's like Europe suddenly doubled in size," remarked one observer, when barriers between Eastern Europe and the West began to...

Post-Berlin Wall executive leadership. (meditation on the post cold war world and executive training)(Chairman's Agenda: Acquiring in Eastern Europe)
January 1, 1991... The victory of free enterprise over repressive economics provides the next generation with a monumental opportunity. I have been spending a great deal of time during the last year focusing on our schools. I've talked a lot about what's...

A tilt toward the cross-border deal: mergers and acquisitions. (Mergers and Acquisitions)
January 1, 1991... Cross-border mergers and acquisitions activity set something of a milestone during the third quarter of 1990. For the first time in history, international deals accounted for a majority of the disclosed prices for all M&A activity in a single...

The inevitability of getting involved. (participation of pension trust companies in management of funds invested in various companies)(Who Owns Corporate America)
January 1, 1991... Who Owns Corporate America "I am pleased to say that 1990 appears to be the year in which corporate governance has come into its own," stated David G. Ball, Assistant Secretary of the Pension and Welfare Benefits Administration, at the...

Small boards, fewer insiders: director data. (limited board of directors membership means corporate efficiency)(includes related article)
January 1, 1991... Director Data Corporate boards today are positioned to do a more effective job of governance than they were 10 years ago, according to a report on board trends and practices at 100 large U.S. corporations issued in December by...

Consultants get the nod. (appointment of various business executives)(Welcome to the Board)
January 1, 1991... Welcome to the Board Another indicator of the weakening economic and business environment in the fourth quarter of last year? Consultants of various stripes tied with senior managers for second place in the number of outside director...

Gabriel P. Fusco, Sequoia Systems Inc. (The Chairman and the Board)
January 1, 1991... The Chairman and the Board "Boards come in a variety of flavors," observes Gabriel P. Fusco, Chairman, President, and CEO of Sequoia Systems Inc. And some of the flavors aren't too appetizing. The head of this fast-growing computer...