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Editor’s Note

Leadership Imperatives

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As you read this, Barack Obama will have been inaugurated as the U.S.’s 44th chief executive. Fittingly, as the U.S. turns a corner with new leadership at the helm of the federal government, we explore in this issue two facets of leadership governing private enterprise: the prospects for growth and opportunity in international markets and what companies are doing at ...

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What, No Transparency?

Transparency. It’s la mode juste; the new black. Everyone believes in it or is obliged to say they do. In the September Senate Banking Committee hearings, Treasury Secretary Hank Paulson called for transparency in the purchase of troubled assets under the TARP program. “We need protection. We need transparency. I want it. We all want it,” he told lawmakers. The ...

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Fairness to Whom?

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In a new and clever appraisal of the evolving sociopolitical world, David M. Smick’s book The World Is Curved: Hidden Dangers to the Global Economy offers an insight that is commonplace yet startling. “At the heart of today’s globalized new economy rests the notion that every individual is a potential entrepreneur,” he writes. “Notice that this is not simply capital ...

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Framing the U.S. Debate

This could be the year that the issue of U.S. competitiveness finally arrives as a mainstay of conversations across the land. So we’re pleased that this issue of Chief Executive will help frame the debate.Our cover story, written by Herbert Shuldiner, one of the deans of the automotive press corps, suggests that General Motors and Ford will have to undertake ...

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