Frank Blake, CEO of Home Depot assured shareholders that the Atlanta-based DIY giant would not pursue so-called green initiatives that may harm customers or the company’s bottom line if the costs of being “sustainable” needlessly raise prices. Last Spring Sear’s Eddie Lampert indicated that his business would resist attempts to impose attempts to add private regulations that would burden the retailers cost structure. Why is the Retail Industry Leaders Association (RILA), an industry trade group, pushing mandates at the expense of consumers that will only punish its members with diminished sales?
Wyoming, Florida, and Indiana rank among the ten best states for taxes on business, while companies in states like New York, New Jersey, and California must struggle with the worst tax codes in the country, according to the newest edition of the Tax Foundation’s State Business Tax Climate Index.
Kerry Breitbart started as a crude oil broker and worked his way up to President and CEO of United Companies. Breitbart departed corporate life, yet retirement did not mesh with his soul. Breitbart saw potential in the retail utility industry and, at age 59, he created North American Power.
Sustainability is more than just a fad— but that doesn’t make it easy.
CEOs at companies ranging from Honeywell to JetBlue Airways said that a prolonged shutdown of the U.S. government has the potential to jeopardize the economic rebound, according to a report from Bloomberg. In addition CNNMoney reports that more than a dozen Wall Street bank chiefs warned President Obama at the White House that the financial system would suffer if the shutdown and debt limit aren't resolved.
Those of us in the private sector know that the U.S. still has not fully recovered from the weak real estate market and general economic malaise that started in the recession of 2008.
Leadership development is a cornerstone of every CEO’s job. If you are not spending a good chunk of your time nurturing talent and having your organization develop people three or more layers below the CEO, you are risking the company’s future prospects because talented people can and will go elsewhere
Recently Trader Joe’s had to tell its associates that it had to revise its health benefits in the wake of the Affordable Care Act (Obamacare). CEOs who face similar challenges in having a straight conversation on healthcare with their “crew members” (employees) should take note.
Tragedies are unfortunately a part of life and business. The most common arrive in the form of the “4 D’s”: death, divorce, disability, and drug abuse; all of which CEOs must confront on both a personal and a corporate level, as their fortunes and families are often tied to their companies. Approaching such issues with foresight and planning can make all the difference in dealing with life’s curveballs.
By "some things," the President means uninsured families, medical devices, workplace flex accounts, small businesses, health savings accounts, savings income, union healthcare plans, indoor tanning businesses, people with high out-of-pocket medical bills, and even charitable hospitals.