When Sweden refuses to bailout Saab and the French prime minister scolds the U.S. for excessive government spending the world is truly upside down. The problem with government involvement in private industry is the confusion it creates. Take the latest twist in the government’s bailout of the auto industry.The Obama administration has given GM CEO Rick Wagoner the boot as condition ...Read More »
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Break out the John Travolta videos; if you liked the 1970s you will love the next four years.
Although there is a considerable decline of trust in businesses at global levels, U.S. has had a significant impact this year with America now comparable to France and Germany, considered as the lowest ranking nations on trust parameters. According to the 2009 Edelman Trust Barometer ratings, the dwindling trust is mostly attributed to the staggering financial losses and the ...Read More »
An exotic and culturally unique location, a long history of Western colonization and independence, a grow ing population of educated young professionals, a third-world infrastructure, a tremendous business opportunity: 10 years ago, if you asked an expert in the global business community to associate a country with these statements, “India” was the reply you could expect. Fueled by seemingly insatiable ...Read More »
Information begins with facts, which can be assembled to identify trends. Put it all together to derive knowledge. Presenting Chief Executive’s INfact.Percentage by which the $750 billion bailout exceeds the cost of the entire New Deal | 33%Total paper losses of the portfolios of 175 chief executives through Oct. 27, 2008 | $52.3 billionAmount of paper loss represented by Warren ...Read More »
CEOs continue to reel from the financial meltdown of 2008. Chief Executive asked business leaders: What issues or challenges will be uppermost on your minds as you face 2009 and beyond?
“We’re in a recession and I don’t see a V-shaped recovery–more like a bathtub U-shaped recovery which will last deep into the second half of 2009 before we start to come out of it,” said former GE CEO Jack Welch speaking at the World Business Forum in New York City. In a 40 minute on stage conversation with The Wall ...Read More »
Buoyed by consistent increasing traffic from outside the US and a rising global appetite for the US news, US media is increasingly going global feels Richard Edelman, whilst pointing out how this trend could immensely benefit the PR professionals worldwide. Citing two leading media houses as an example – Time magazine and The New York Times - Edelman says ...Read More »
The rise of emerging markets is rapidly changing the structure of the global economy. Many of the emerging markets are no longer small. They now constitute eight of the world’s 24 largest economies and are growing at three times the rate of their developed counterparts (see chart, p. 34). Consider the following:In recent years, over 50 percent of the growth ...Read More »
This is a gem!” exclaimed the MD of a renowned European technology firm as he examined the sample of a perfectly formed piece of plastic lens shown to him by the chief technology officer of a Singaporean plastic injection company. “Why would your parent company want to sell the company away now that it has finally built up all these ...Read More »