CEOs often opt to settle suits brought by environmentalists and other third parties against companies all around the world. Chevron CEO John Watson just demonstrated the potential rewards of sticking things out and fighting for ultimate justice rather than kowtowing to the rabid complaints of extreme progressives wanting to stick it to “big oil.”
Is it possible for a CEO to bear the brunt of responsibility with a crisis that festered before she was in charge? Can a company with a poor track record in corporate integrity ever do enough with new transparency measures to acquire a good reputation?
The key challenge for any freshly-minted CEOs who finds himself in the position of top-to-bottom reorganization is to find a way to transition the relationship with the chairman and the board from subordinate to peer-to-peer.
Boardroom insider Ralph Ward says describing a board meeting “would be like telling me what a swell time you had at your last dentist appointment.” Here is his roundup of ideas you can try to make your next board meeting go faster, work better and achieve more.
Sheryl Sandberg may have prompted a new conversation across business about “leaning in,” but surely the Facebook COO and champion of female CEOs everywhere didn’t actually mean to create a silly season for gender-policing pundits. There are lessons here for companies that sincerely try to elevate women executives.
Another knock-on effect of the ACA is that healthcare and hospital systems are struggling to cope with new managerial changes demanded of them. Increasingly, hospital boards want an outside perspective, along with different skill sets—and they are willing to go outside the industry to get it.
Company leaders who overstay their welcome ultimately hurt their organization's performance new research suggests. In addition, management expert Ram Charan argues in his latest book, “Boards that Lead,”that CEO tenure is dropping in part because of boards are no longer reluctant to pull the trigger, but also due to the fact that more and more CEOs are unable to navigate a necessary change of course.
Both GM’s Dan Akerson and Ford’s Alan Mulally arrived at their respective positions from outside the auto industry. The former is the “accidental car guy” while the latter is the aviation engineer. Their exits are being closely watched but for slightly different reasons.
Companies whose businesses rely on patented software or patented business methods are increasingly at risk of chaotic court decisions and a real chance their patents will be declared invalid. The resulting unpredictability is hindering new innovation, threatening well-established patents and discouraging capital investment. Without confidence that intellectual property rights are secure, investors are reluctant to fund companies, undermining the innovation for which the technology industry is known. Here are several ways to protect your company.
In recent weeks, speculation about who will succeed Steve Ballmer as CEO of Microsoft has become intense. The top pick among possible insiders is Enterprise chief Satya Nadella. But what about the dark horse candidates? And what about finding the kind of leader the tech giant really needs?