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CEO Confidence Index Falls 3.5% in May 2013 The CEO Confidence Index fell 3.5% in May 2013 to 5.86 out of a possible 10.	ChiefExecutive.net	CEO Confidence Index	May 25 2013
Small-Business Owner Roller Coaster Continues After March’s disappointing drop in small-business confidence, April’s Small Business Optimism index of the National Federation of Independent Business (NFIB), rose 2.6 points to 92.1, just above the recovery average of 90.7. Yet pessimism abounds within the sector, as still far more of those surveyed expect business conditions to be worse in six months than those who think they will be better. Most cite taxes. regulations and weak sales as their chief challenges going forward.	ChiefExecutive.net	CEO Briefing Newsletter , Small Business	May 22 2013
Companies Turn to New CEOs In an exhaustive 2012 study of Chief Executives, “Time for New CEOs,” Booz & Co. management consultants, reports the highest number of planned CEO successions at the world’s largest 2,500 public companies in the history of the study and finds that companies often seek familiarity in new CEOs. It also asserts that the “global CEO” is more myth than reality.	ChiefExecutive.net	CEO Briefing Newsletter	May 22 2013
More Firms Say Competitors Seek to Hire Away Their Talent There has been a sharp increase in companies reporting that competitors are trying to recruit their top people, according to a global survey released by Right Management, the talent and career management unit within ManpowerGroup. Nearly two out of three employers now complain that other companies seek to hire away their organization’s leaders compared with just 42% last year.	ChiefExecutive.net	CEO Briefing Newsletter	May 15 2013
President Launches Competition for Three New Manufacturing Innovation Institutes The Obama Administration is launching competitions to create three new manufacturing innovation institutes with a Federal commitment of $200 million across five Federal agencies—Defense, Energy, Commerce, NASA, and the National Science Foundation. To build off the initial success of a pilot institute headquartered in Youngstown, Ohio, the President announced in the State of the Union that his Administration would move forward and launch three new manufacturing innovation institutes this year. The President will continue to call on Congress to act on his proposal for a one-time $1 billion investment to create a network of 15 manufacturing innovation institutes across the country.	ChiefExecutive.net	CEO Briefing Newsletter	May 15 2013
Is College Worth the Candle Is a college degree worth it? Isabel Sawhill, co-director for the Center on Children and Families and senior fellow at the Brookings Institute, says it is not for everyone. According to the center’s newly-released study, the value of a college degree can vary dramatically, depending on factors such as field of study, type of college, graduation rate and future occupation. Given the growing skills gap experienced by many companies at the entry level it may be time for business leaders to weigh-in.	ChiefExecutive.net	CEO Briefing Newsletter	May 15 2013
CEOs’ Expectations Hit Highest Level Since May 2011 The CEO Confidence Index, Chief Executive’s monthly gauge of CEOs’ expectations for business conditions for the next 12 months, saw its highest month-over-month gain in the past two years, rising 9.5 percent to 6.07 out of a possible 10. The rating of current conditions also saw an uncommonly high monthly gain, rising 8 percent to 5.70 out of 10.	ChiefExecutive.net	CEO Briefing Newsletter	May 14 2013
Mid-Size Companies Mixed on Global Market While some firms are looking to go global, many see no pressing need to look beyond the U.S.	ChiefExecutive.net	CEO Briefing Newsletter	May 13 2013
Intel’s Software Inside Is on the Rise “If Intel’s future chief executives continue rising through its ranks, then the real news isn’t that Intel named Brian Krzanich its sixth CEO. It’s that Intel software chief Renee James may be in line to succeed him,” writes Mark Hachman reporting for ReadWrite.com. Intel’s CEOs generally emerge from the president’s office or that of the COO—Krzanich’s former job. Last November, the elevation of Renee James by Intel’s chairman Andy Bryant, along with Krzanich, Dadi Perlmutter, Intel’s chief of its chip business, and Arvind Sodhani, head of the company’s internal VC unit, Intel Capital, as possible successors to Paul Otellini, marked a departure for famed semiconductor company.	ChiefExecutive.net	CEO Briefing Newsletter	May 9 2013
States in Fierce Competition Over Tax Reform Just as countries vie with one another to be agreeable places in which to do business by having congenial tax rates, U.S, states have come to realize that in order to attract jobs and diversify revenue, they too, must adjust their tax structure accordingly. Long having struggled to attract business and diversify its economy, New Mexico recently passed a tax reform package which will likely cause nearby states like Arizona, California and Nevada to take notice and possibly rethink their own efforts at reform. Texas’ governor Rick Perry, who runs a fairly low-tax state environment, is calling for even more reductions.	ChiefExecutive.net	CEO Briefing Newsletter	May 9 2013

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